Company: SLNH
Filing Date: 2025-07-21
Form Type: DEF 14A
Source: 0001641172-25-020351
Chunk: 29

Company: Soluna Holdings, Inc
Filing Date: 2025-07-21
Form: DEF 14A
Chunk 29
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 in the    
 event of a change in outstanding stock by reason of stock dividend, stock splits, reverse stock splits, etc.                          |
| (2) | The                                                                                                                                   
 maximum number of common shares available for awards under the 2021 Plan as of December 31, 2024 was generally limited to 18.75%      
 of the number of our common shares outstanding as of the first trading day of the quarter that commenced October 1, 2024. Beginning   
 the first quarter of our fiscal year ending December 31, 2025 and continuing through the second quarter of our fiscal year ending     
 December 31, 2027, the maximum number of common shares available for awards under the 2021 Plan is 22.75% of the number of our common 
 shares outstanding as of the first trading day of each quarter in such period. Beginning the second quarter of our fiscal year ending 
 December 31, 2027 (or July 1, 2027), the maximum number of common shares available for awards under the 2021 Plan will be 18.75%      
 of the number of our common shares outstanding as of the first trading day of each quarter.                                           |
| (3) | The                                                                                                                                   
 maximum number of Preferred Shares that may be issued under the 2021 Plan is 1,907,188.                                               |
| (4) | The                                                                                                                                   
 maximum number of common shares available for awards under the 2023 Plan as of December 31,                                           
 2024 was generally limited to 23.75% of the number of our common shares outstanding as of                                             
 the first trading day of the quarter that commenced October 1, 2024. Thereafter, the maximum                                          
 number of common shares available for awards under the 2023 Plan will be 23.75% of the number                                         
 of our common shares outstanding as of the first trading day of each quarter.                                                         |

Prerequisites and Other Benefits

Our executive officers are eligible to participate in similar benefit plans available to all our other employees including medical, dental, vision, group life, disability, accidental death and dismemberment, paid time off, and 401(k) plan benefits.

We also maintain a standard directors and officers liability insurance policy with coverage similar to the coverage typically provided by other small publicly-held technology companies.

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<div align='center'>PAY VERSUS PERFORMANCE DISCLOSURE</div>

In August 2022, pursuant to a