Company: HSDTW
Filing Date: 2025-10-02
Form Type: PRE 14A
Source: 0001104659-25-096093
Chunk: 11

Company: Solana Co
Filing Date: 2025-10-02
Form: PRE 14A
Chunk 11
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 is in the best interests of the Company and its stockholders for such offices to be separate or combined. The Board currently believes that, by separating the positions of Chair of the Board and Chief Executive Officer, the Board can provide significant leadership to management and strong oversight of key opportunities and risks impacting the Company. Role of the Board in Risk Oversight The Board plays an active role in overseeing management of our risks. The Board regularly reviews information regarding our strategy, liquidity and operations, as well as the risks associated with each. The Audit Committee of the Board is responsible for overseeing the management of financial risks and cybersecurity risks. The Compensation Committee is responsible for overseeing the management of risks relating to our executive compensation policies and arrangements, and for managing risks relating to our director compensation policies and arrangements. Our Nominating and Corporate Governance Committee is responsible for reviewing the independence of the Board and other corporate governance matters. Meetings of the Board of Directors The Board met four times during 2024. Each current Board member who served as a director in 2024 attended 75% or more of the aggregate number of meetings of the Board and of the committees on which he or she served that were held during a portion of the last fiscal year. 5

TABLE OF CONTENTS

Information Regarding Committees of the Board of Directors The Board has three committees: an Audit Committee, a Compensation Committee and a Nominating and Corporate Governance Committee. The following table provides current committee membership:

| Name            | ​ | ​ | AuditCommittee | ​ | ​ | CompensationCommittee | ​ | ​ | Nominating andCorporateGovernanceCommittee | ​ |
| Paul Buckman    | ​ | ​ | X*             | ​ | ​ | X                     | ​ | ​ | X                                          | ​ |
| Edward M. Straw | ​ | ​ | X              | ​ | ​ | X*                    | ​ | ​ | X                                          | ​ |
| Blane Walter    | ​ | ​ | X              | ​ | ​ | ​                     | ​ | ​ | ​                                          | ​ |
| Sherrie Perkins | ​ | ​ | ​              | ​ | ​ | X                     | ​ | ​ | X*                                         | ​ |

* Committee Chairperson Below is a description of each committee of the Board of Directors. Each of the committees has authority to engage legal counsel or other experts or consultants, as it deems appropriate to carry out its responsibilities. Audit Committee Our Audit Committee is comprised of Messrs. Buckman, Straw and Walter. Mr. Buckman is