Digi Power X Inc.

Digi Power X filed its DEF 14A proxy for its annual meeting, headlined by a proposal to consolidate its dual-class structure — PV Shares and SV Shares — into a single class of common shares, with PV Shares reclassifying at 200:1 and SV Shares 1:1. The board argues the move aligns voting power with economic interest and could broaden the investor base and improve liquidity. As of October 27, 2026 there were 101,396,689 SV Shares and 3,333 PV Shares outstanding (111,540,742 fully diluted).

Shareholders will also vote on RSU plan amendments raising the plan maximum from 6,205,297 to 10,139,668 SV Shares — roughly 10% of shares outstanding — with an evergreen provision adding up to 10% annually starting January 1, 2028. About 4.76 million RSUs are already outstanding.

Compensation disclosure shows CEO Michel Amar received $12.0 million in total 2025 compensation (up from $4.9 million in 2024), with both Amar father and son partly paid in Bitcoin, and 24 months of severance available on termination without cause. The related-transactions section discloses a $250,000 cash payment plus options and subsidiary shares to director Gerard Rotonda for recruiting Hans Vestberg as a senior advisor.