The Board of Directors of Riot Platforms, Inc. approved and adopted Amended and Restated Bylaws on March 26, 2026, effective immediately. This action was taken in response to a non-binding advisory vote approved by stockholders at the company's 2025 annual meeting on June 10, 2025, which requested the Board to declassify so all directors are elected annually. The Amended and Restated Bylaws provide for a phased declassification of the Board, ensuring an orderly transition and continuity of leadership. The Board will remain divided into three classes until the company's 2029 annual meeting of stockholders. Class II directors elected at the 2026 annual meeting will serve terms expiring at the 2029 annual meeting. Class III directors elected at the 2027 annual meeting will serve terms expiring at the 2029 annual meeting. Class I directors elected at the 2028 annual meeting will serve terms expiring at the 2029 annual meeting. Beginning with the 2029 annual meeting, the Board will no longer be classified, and all directors will be elected annually to serve one-year terms. The bylaws also include a forum selection clause designating Nevada state courts (or federal district courts in Nevada) as the exclusive forum for certain internal corporate claims, and federal district courts for Securities Act of 1933 claims. Stockholder action by written consent requires the consent of not less than 3/4 (75%) of the total outstanding shares of the Corporation.