Applied Digital Corporation has announced a change in its independent registered public accounting firm. Following the acquisition of Marcum LLP's attest business by CBIZ CPAs P.C. effective November 1, 2024, Marcum resigned as the Company's independent auditor on June 18, 2025. Subsequently, CBIZ CPAs was appointed as the new auditor with the approval of the Company's Audit Committee for the fiscal year ended May 31, 2025. The audit reports from Marcum for the fiscal years ending May 31, 2024, and 2023 were unqualified, with no adverse opinions or modifications. During this period and through the date of resignation, there were no disagreements or reportable events between the Company and Marcum, apart from a previously disclosed material weakness in internal controls. Applied Digital has provided a letter from Marcum to the SEC confirming agreement with these statements.