Endeavor Responds to Mawson Infrastructure Lawsuit Complaint

Core Viewpoint - Endeavor Investor Group expresses disappointment over Mawson Infrastructure Group's decision to pursue litigation instead of engaging in constructive dialogue with shareholders [2] Group 1: Company Actions and Statements - Endeavor has made a significant investment in Mawson, believing in its long-term potential within the high-performance computing (HPC) and digital infrastructure sectors [2] - Endeavor intends to defend against the allegations made in Mawson's lawsuit, asserting that the claims mischaracterize the facts and their intentions [2] - Despite the legal dispute, Endeavor remains committed to collaborating with Mawson's management to enhance shareholder value [2] Group 2: Shareholder Information - As of January 21, 2026, Endeavor Blockchain beneficially owned 1,400,000 shares of Mawson's common stock, representing approximately 44.9% of the total outstanding shares [8][10] - The total beneficial ownership of the participants in the proxy solicitation amounts to 1,485,297 shares, based on 3,304,639 shares outstanding as reported by Mawson [10] - Joshua Kilgore, through his ownership in Endeavor Blockchain, is deemed to beneficially own 1,408,000 shares, while Phil Stanley and Cody Smith also hold shares in Mawson [9][12] Group 3: Proxy Solicitation - Endeavor plans to file a preliminary proxy statement with the SEC to solicit votes for the election of director nominees at Mawson's 2026 annual meeting [4] - The proxy materials will contain important information for shareholders and will be available at no charge on the SEC's website [5] - Participants in the proxy solicitation include Endeavor Blockchain, PM Squared, and key individuals such as Joshua Kilgore and Phil Stanley [6]