Mawson Infrastructure Group Inc. announced that Rahul Mewawalla has been appointed as Chief Executive Officer of the Company. Mr. Rahul Mewawalla is a technology and business leader who brings extensive strategic and operational expertise across Fortune 500 and growth companies, having held senior executive and operating roles including as CEO, President, and Executive Vice President. He has experience with global companies including Yahoo Inc., General Electric Company and Nokia Corporation and has served as board director for several NASDAQ-listed public companies including as Chairman of the Board, Audit Committee Chair, Compensation Committee Chair, Nominating and Governance Committee, Special Committee and Strategic Transactions Committee Member.

He earned an MBA degree from the Kellogg School of Management at Northwestern University and currently serves as a non-employee director at the Company. Mr. James Manning, the Australian based Founder and current CEO of Mawson, is stepping down in support of the Company's strategic decision to more strongly focus on the Company's existing U.S. operations and pipeline of expansion and growth opportunities. Mr. Manning will continue to contribute to the future success of Mawson by continuing to serve as a non-executive member of the Company's Board of Directors.