|B. Riley Securities||Lucas Pipes|
|Craig-Hallum Capital Group||George Sutton|
|D.A. Davidson & Co.||Chris Brendler|
|Lake Street Capital Markets||Robert Brown|
|Needham & Company||John Todaro|
|Northland Capital Markets||Mike Grondahl|
Applied Digital Corporation is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding Applied Digital Corporation's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Applied Digital Corporation or its management. Applied Digital Corporation does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.