Digi Power X Inc. — Director's Dealing 2025

Jan 1, 2026

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Digi Power X Inc. (DGXX)
CIK: 0001854368
Period of Report: 2025-12-31

Reporting Person: Amar Michel (Director, Chief Executive Officer, 10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Subordinate Voting Shares	1513219	Direct
Subordinate Voting Shares	626544	Indirect
Subordinate Voting Shares	2165889	Indirect
Subordinate Voting Shares	1493162	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Proportionate Voting Shares	$		Subordinate Voting Shares (666600)		Indirect
Employee stock option (right to buy)	$1.53	2030-06-06	Subordinate Voting Shares (515000)		Direct
Employee stock option (right to buy)	$3.58	2030-11-19	Subordinate Voting Shares (900000)		Direct
Restricted Stock Units	$0		Subordinate Voting Shares (333333)		Direct
Restricted Stock Units	$0		Subordinate Voting Shares (316667)		Direct
Restricted Stock Units	$0		Subordinate Voting Shares (300000)		Direct

Footnotes

F1: Proportionate Voting Shares ("PV Shares") may be converted into SV Shares at a ratio of 200 SV Shares for every 1 PV Share.

F2: The options are fully vested.

F3: Represents an exercise price of $2.09 Canadian dollars, converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.3693 reported by the Bank of Canada on December 30, 2025.

F4: Represents an exercise price of $4.90 Canadian dollars, converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.3693 reported by the Bank of Canada on December 30, 2025.

F5: The restricted stock units vest in two equal annual installments beginning on February 9, 2026.

F6: Represents restricted share units issued pursuant to Digi Power X Inc.'s Restricted Share Unit Plan.

F7: The restricted stock units vest in two equal annual installments beginning on December 1, 2026.

F8: The restricted stock units vest in three equal annual installments beginning on November 19, 2026.