Company: HSDTW
Filing Date: 2025-03-25
Form Type: DEF 14A
Source: 0001558370-25-003622
Chunk: 40

Company: Solana Co
Filing Date: 2025-03-25
Form: DEF 14A
Chunk 40
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31, 2024. |

| (5) | The amounts reflect the full grant date fair value for awards granted during the fiscal year ended December 31, 2024. The grant date fair value was computed in accordance with ASC Topic 718, Compensation-Stock Compensation. The assumptions we used in valuing options are described in Note 9 to our audited financial statements included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024. |

23

PAY VERSUS PERFORMANCE We are providing the following information about the relationship between executive compensation actually paid (“CAP”) and certain financial performance of the Company as required by SEC rules. Please see “Narrative Disclosure to Summary Compensation Table” for discussion of the primary components of our compensation program.

Pay Versus Performance Table

| ​    | ​ |            ​ | ​ |            ​ | ​ |            ​ | ​ |               ​ | ​ |                        ​ | ​ |                 ​ |
| ​    |   |            ​ |   |            ​ |   |      Average |   |               ​ |   |                        ​ |   |                 ​ |
| ​    | ​ |            ​ | ​ |            ​ | ​ |      Summary | ​ |               ​ | ​ |                        ​ | ​ |                 ​ |
| ​    | ​ |      Summary | ​ | Compensation | ​ | Compensation | ​ |         Average | ​ |         Value of Initial | ​ |                 ​ |
| ​    | ​ | Compensation | ​ |     Actually | ​ |  Table Total | ​ |    Compensation | ​ |    Fixed $100 Investment | ​ |                 ​ |
| ​    | ​ |  Table Total | ​ |         Paid | ​ |  for Non-PEO | ​ |   Actually Paid | ​ |                 Based On | ​ |                 ​ |
| ​    | ​ |      for PEO | ​ |       to PEO | ​ |         NEOs | ​ | to Non-PEO NEOs | ​ | Total Shareholder Return | ​ |          Net Loss |
| Year |   |        -$)(1 |   |        -$)(2 |   |        -$)(3 |   |           -$)(4 |   |                    -$)(5 |   | -$ in millions)(6 |
| 2024 |   |    1,269,419 |   |      876,793 |   |      814,738 |   |         655,