Jason Les

Chief Executive Officer at Riot Platforms

Board

Since February 8, 2021

Age

39 years

Education

Earned a Bachelor of Science in Computer Science from the University of California, Irvine.

Tenure

Joined Riot Platforms in November 2017 as a director and was promoted to Chief Executive Officer on February 8, 2021.

Also at Riot Platforms

Benjamin Yi

Executive Chairman

Colin Yee

Executive Vice President, Chief Financial Officer (EVP-CFO)

Jason Chung

Executive Vice President, Head of Corporate Development & Strategy

About

Jason Les is the Chief Executive Officer of Riot Platforms, Inc., serving on the Board since November 2017 and assuming the CEO role on February 8, 2021.

He earned a Bachelor of Science in Computer Science from the University of California, Irvine and has been actively involved in the cryptocurrency space since 2013. His early work includes significant contributions in Bitcoin mining, protocol development, and open-source projects.

Before his tenure at Riot Platforms, he co-founded a software-development company where he led engineering projects in artificial intelligence and reverse engineering, and he also built a notable career as a professional heads-up poker player, competing in high-stakes games and prestigious tournaments.

$RIOT Performance Under Jason Les

Past Roles

Organization	Role	Date Range	Details
Riot Platforms, Inc.	Board Member	November 2017 - CEO appointment	Served on the Board prior to becoming CEO
Binary Digital	Founding Partner	May 2017 - November 2020	Led the engineering team and coordinated AI, reverse engineering, and inter-software compatibility projects
Professional Heads-Up Poker	Professional Heads-Up Poker Player	Over a decade	Competed in high-stakes games and tournaments; selected for ‘Man vs Machine’ at Carnegie Mellon University in 2015 and 2017

Fixed Compensation

Data from FY 2024

Component Name	Amount	Payment Schedule	Additional Details
Salary	$1,334,219	Cash: Annually; Bitcoin: Quarterly	Cash Salary: $600,000 ; Bitcoin Compensation: 10 BTC with an aggregate fair value of $734,219
Non-Equity Incentive Plan	$2,893,957	N/A	2024 AIP: Cash Component: $990,000, Bitcoin Component: 16.5 BTC with a fair value of $1,671,720 ; 2023 AIP Adjustment: Cash: $115,000, Bitcoin: 1.828 BTC ($117,237)
All Other Compensation	$41,096	N/A	Medical Insurance: $15,407; Executive Wellness Program: $15,485; Life Insurance: $486; Disability Insurance: $648; 401(k) Match: $9,070

Performance Compensation

Data from FY 2024

Performance Compensation - RSA Stock Awards

Component	Details
Evaluation Metric	Relative Total Shareholder Return (TSR) vs. Russell 3000 Index
Performance Range	0% to 200% of the target award
Threshold	A Relative TSR hurdle of 0% yields 100% of the target award
Maximum (Cap)	200% of the target award
Vesting Schedule	Vesting occurs after a three-year performance period
Evaluation Period	Three years
Conditions	Continued employment through the performance period; unearned awards are forfeited
Grant Date	January 3, 2024 and July 1, 2024
Target Shares	January Grant: 5,000,000 shares; July Grant: 753,768 shares
Grant Date Fair Value	January Grant: $70,900,000; July Grant: $4,613,060
Grant Date Stock Price	Based on the closing price on the grant date; specific price unavailable