IREN (IREN) Proxy filing summary

Executive summary

• Achieved significant growth, expanding market capitalization from under $4 billion to over $16 billion and securing major clients such as NVIDIA and Microsoft.

• Expanded operations globally, entering two new continents and growing the contracted power portfolio.

• Platform extended across data center, compute, and software layers, supporting large-scale AI training and inference.

• Forward-looking statements highlight risks and uncertainties, with reference to risk factors in annual filings.

Voting matters and shareholder proposals

• Shareholders will have an advisory vote on executive compensation at the upcoming Annual General Meeting.

• Proxy statement and proxy card will be filed for the next shareholder meeting, with all materials available on the SEC and company websites.

Board of directors and corporate governance

• Independent directors, with advice from an external consultant, led the decision-making on CEO equity awards.

• Board unanimously approved the equity grants after careful review of alternatives and market precedents.

• Board engaged directly with shareholders and will continue to consider their feedback.