Company: HSDTW
Filing Date: 2025-10-02
Form Type: PRE 14A
Source: 0001104659-25-096093
Chunk: 70

Company: Solana Co
Filing Date: 2025-10-02
Form: PRE 14A
Chunk 70
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 otherwise defined herein shall have the respective meanings ascribed to such terms in the Plan. AMENDMENT 1. Section 2(a) of the Plan is hereby deleted in its entirety and replaced with the following: “ Share Reserve. Subject to adjustment in accordance with Section 2(c) and any adjustments as necessary to implement any Capitalization Adjustments, the aggregate number of shares of Common Stock that may be issued pursuant to Awards will not exceed the sum of: (i) 4,000,000 new shares, plus (ii) the number of Returning Shares, if any, as such shares become available from time to time. In addition, subject to any adjustments as necessary to implement any Capitalization Adjustments, such aggregate number of shares of Common Stock will automatically increase on January 1st of each year for a period of five years commencing on January 1, 2026 and ending on (and including) January 1, 2029, to an amount equal to 5% of the Fully Diluted Shares as of the last day of the preceding calendar year; provided, however that the Board may act prior to the effective date of any such annual increase to provide that the increase for such year will be a lesser number of shares of Common Stock.” 2. Except as set forth in this Third Amendment, the Plan shall be unaffected hereby and shall remain in full force and effect. A-1

TABLE OF CONTENTS

THIS PROXY CARD IS VALID ONLY WHEN SIGNED AND DATED. The Board of Directors recommends voting FOR the following:

| ​ | ​               | ​ | ​ | ​                                                                                                                                                                                                                                                                                                                                   | ​ | ​ | Votes must be indicated (x) in 
 Black or Blue ink.             |   |   |          |   |   |         | ​ |
| ​ | PROPOSAL NO. 1: | ​ | ​ | To elect Cosmo Jiang, to serve as a director of the Company until the Company’s 2026 annual meeting of stockholders or until his successor is duly elected and qualified.                                                                                                                                                           | ​ | ​ | FOR                            
 ☐                              | ​ | ​ | WITHHOLD 
 ☐        | ​ | ​ | ​       | ​ |
| ​ | PROPOSAL NO. 2: | ​ | ​ | To approve the issuance of up to 11,091,178 shares of our common stock upon the exercise of Strategic Advisor Warrants issued to Pantera Capital Management LP and Summer Wisdom Holdings Limited, consisting of (i)