Hans Vestberg, Former Verizon Chairman and CEO, Joins Digipower X As Senior Advisor

This information launch constitutes a “designated information launch” for the needs of the Firm’s amended and restated prospectus complement dated November 18, 2025, to its brief type base shelf prospectus dated Could 15, 2025.

MIAMI, FL / ACCESS Newswire / February 2, 2026 / Digi Energy X Inc. (“Digipower X” or the “Firm“) (Nasdaq:DGXX)(TSXV:DGX), a vertically built-in AI infrastructure firm targeted on the deployment of Tier-3 modular knowledge facilities powered by owned and managed power property, as we speak introduced that Hans Vestberg, former Chairman and Chief Govt Officer of Verizon Communications, has joined the Firm as a senior advisor serving on its Advisory Board to assist the Firm’s enlargement technique.

Mr. Vestberg brings greater than three a long time of worldwide management in mission-critical infrastructure, telecommunications networks, and large-scale capital deployment. He’s well known for main Verizon’s first industrial 5G deployment in 2018 and for advancing nationwide fiber, cellular edge computing, and next-generation community architectures.

Previous to Verizon, Mr. Vestberg spent almost three a long time at Ericsson, together with virtually seven years as its Chief Govt Officer, the place he helped construct and function international infrastructure facilitating roughly 35% of worldwide cellular site visitors.

Mr. Vestberg’s appointment comes at a time when AI adoption is more and more constrained, not by software program or silicon, however by energy availability, cooling capability, and deployment velocity. Digipower X is engaged on addressing this problem by means of the deployment of the AI-Prepared Modular Resolution (ARMS) platform, designed to ship Tier-3 modular AI knowledge facilities inside roughly 180 days, supported by a vertically built-in energy technique and a rising portfolio of large-scale power property.

“Hans Vestberg constructed and scaled the bodily infrastructure that helped allow the fiber, cellular, and 5G revolutions,” stated Michel Amar, Chairman and Chief Govt Officer of Digipower X. “He understands what a lot of the market overlooks: AI’s bottleneck isn’t algorithms or chips, it’s energy, cooling, and deployment velocity. Hans is aware of how one can execute infrastructure transformation at a nationwide and international scale, and we count on his steerage can be invaluable as we develop our modular AI knowledge heart footprint.”

“I’ve spent over 30 years constructing the networks that transfer knowledge,” stated Mr. Vestberg. “The following decade is about constructing the infrastructure that processes it. Digipower X is greater than only a knowledge heart firm. It controls its energy, is growing the power to deploy Tier-3 infrastructure within the close to time period, and is constructing a modular platform to handle the precise constraints holding again large-scale AI deployment. Its give attention to energy availability and deployment velocity first, actual property second, is precisely the fitting method.”

Infrastructure Expertise Aligned with AI Scale

Throughout his tenure at Ericsson (2010-2016), Mr. Vestberg led greater than 115,000 staff worldwide and positioned the corporate on the forefront of next-generation wi-fi applied sciences. At Verizon (2018-2025), he reshaped the group round a network-first technique, oversaw main investments in spectrum and fiber, and superior distributed edge-compute capabilities to allow data-intensive and latency-sensitive functions.

Mr. Vestberg insightfully famous at Davos 2024 that “one of the crucial essential infrastructures of this century is digital infrastructure,” and that AI workloads will more and more migrate from centralized hyperscale services towards distributed areas supporting real-time inference and enterprise demand.

Mr. Vestberg presently serves as a board member of BlackRock and Verizon.

Addressing the Energy and Deployment Constraint in AI Infrastructure

Digipower X operates a combined-cycle energy plant and three further working websites, with greater than 200 megawatts of energy presently on-line. The Firm has secured growth capability to assist AI infrastructure enlargement over the following three years, with the power to develop as much as an extra 1.5 gigawatts of energy capability, together with at main websites in North Carolina and West Virginia.

In West Virginia, Digipower X has entered right into a letter of intent referring to a 1.3-gigawatt energy plant, which is being evaluated as a long-term web site for AI knowledge heart and superior computing infrastructure deployment.

“Hans acknowledges that nationwide AI competitiveness relies on fixing energy availability and deployment velocity,” stated Gerard Rotonda, Board Member of Digipower X and former CFO of Deutsche Financial institution Wealth & Asset Administration Americas. “His expertise aligns immediately with Digipower X’s mission to ship infrastructure on the scale and velocity this market now requires.”

Vestberg’s Strategic Focus

In his advisory function, Mr. Vestberg will work carefully with Digipower X’s government workforce on:

• AI infrastructure deployment technique and scaling frameworks;

• Distributed and edge-compute architectures for inference-driven workloads;

• Strategic partnerships with hyperscalers, enterprises, and infrastructure stakeholders;

• Energy optimization and energy-efficient knowledge heart design;

• Tier-3 redundancy and mission-critical reliability requirements; and

• Worldwide enlargement technique and web site prioritization.

About Digipower X

Digipower X is an modern power infrastructure firm that develops Tier III-certified modular AI knowledge facilities and drives the enlargement of sustainable power property.

For additional data, please contact:

Michel Amar, Chief Govt Officer
Digipower X Inc.
http://www.digipowerx.com

Investor Relations
T: 888-474-9222
E mail: [email protected]

Cautionary Assertion

Buying and selling within the securities of the Firm must be thought-about extremely speculative. No inventory change, securities fee or different regulatory authority has permitted or disapproved the knowledge contained herein. Neither the TSX Enterprise Alternate nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Alternate) accepts accountability for the adequacy or accuracy of this launch.

Ahead-Wanting Statements

Aside from the statements of historic truth, this information launch comprises “forward-looking data” and “forward-looking statements” (collectively, “forward-looking data”) which are based mostly on expectations, estimates and projections as on the date of this information launch and are coated by secure harbors underneath Canadian and United States securities legal guidelines. Ahead-looking data on this information launch consists of details about the Firm’s expectations regarding the potential contributions by our new advisor to the Firm’s strategic efforts, the potential additional enhancements to profitability and effectivity throughout the Firm’s operations, together with, because of the Firm’s enlargement efforts, potential for the Firm’s long-term development and clear power technique, and the enterprise objectives and goals of the Firm. Components that might trigger precise outcomes to vary materially from these described in such forward-looking data embrace, however will not be restricted to: supply of apparatus and implementation of techniques might not happen on the timelines anticipated by the Firm or in any respect; future capital wants and uncertainty of further financing; share dilution ensuing from fairness issuances; dangers referring to the technique of sustaining and growing Bitcoin holdings and the affect of depreciating Bitcoin costs on working capital; statements concerning the timing, scale and enlargement of AI and high-performance computing infrastructure; adjustments in demand for AI and high-performance computing; future knowledge heart capability might not be realized on the degree anticipated by the Firm, or in any respect; growth of further services and set up of infrastructure to develop operations might not be accomplished on the timelines anticipated by the Firm, or in any respect; skill to entry further energy from the native energy grid; the Firm might not have the ability to profitably liquidate its present digital foreign money stock, or in any respect; a decline in digital foreign money costs might have a big detrimental affect on the Firm’s operations; the volatility of digital foreign money costs; and different associated dangers as extra totally set out within the Annual Info Type of the Firm and different paperwork disclosed underneath the Firm’s filings at http://www.sedarplus.ca and http://www.SEC.gov/EDGAR. The forward-looking data on this information launch displays the present expectations, assumptions and/or beliefs of the Firm based mostly on data presently accessible to the Firm. In reference to the forward-looking data contained on this information launch, the Firm has made assumptions about, amongst different issues, worthwhile use of the Firm’s property going ahead; the demand for knowledge heart capability for AI and high-performance computing; and there can be no regulation or regulation that can stop the Firm from working its enterprise. The Firm has additionally assumed that no vital occasions happen outdoors of the Firm’s regular course of enterprise. Though the Firm believes that the assumptions inherent within the forward-looking data are affordable, forward-looking data is just not a assure of future efficiency and accordingly undue reliance shouldn’t be placed on such data because of the inherent uncertainties therein. The Firm undertakes no obligation to revise or replace any forward-looking data apart from as required by relevant regulation.

SOURCE: Digi Energy X Inc.