Company: SLNH
Filing Date: 2025-01-15
Form Type: S-1/A
Source: 0001493152-25-002391
Chunk: 135

Company: Soluna Holdings, Inc
Filing Date: 2025-01-15
Form: S-1/A
Chunk 135
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 match for the executive employees named.                                  |
| (3) | Effective                                                                                    
 May 1, 2023, Mr. Belizaire was appointed as Chief Executive Officer of Soluna Holdings, Inc. |

| (4) | Mr.                                                                                           
 Belizaire was granted 141,176 restricted stock awards of common stock on April 15, 2024,      
 100,000 restricted Series A preferred stock awards on April 15, 2024, 21,361 restricted stock 
 awards on June 1, 2024, 170,800 restricted stock awards on September 1, 2024, and 153,745     
 restricted stock awards on December 1, 2024.                                                  |
| (5) | The                                                                                           
 Company has appointed John Tunison to serve as the Chief Financial Officer and Treasurer      
 of the Company, effective April 8, 2024, with employment commencing on March 29, 2024.        |

| (6) | Mr.                                                                                          
 Tunison was granted 47,059 restricted stock awards of common stock on April 15, 2024, 25,000 
 restricted Series A preferred stock awards on April 15, 2024, 6,852 restricted stock awards  
 on June 1, 2024, 52,845 restricted stock awards on September 1, 2024, and 49,315 restricted  
 stock awards on December 1, 2024.                                                            |

| (7) | Effective                                                                                 
 May 1, 2023, Mr. Toporek resigned as Chief Executive Officer of Soluna Holdings, Inc. and 
 was appointed Executive Chairman of the Board of Directors.                               |

| (8) | Mr.                                                                                              
 Toporek was granted 317,647 restricted stock awards of common stock on April 15, 2024, 1,244,969 
 restricted Series A preferred stock awards on April 15, 2024, 51,464 restricted stock awards     
 on June 1, 2024, 439,706 restricted stock awards on September 1, 2024, and 370,402 restricted    
 stock awards on December 1, 2024.                                                                |

| 81 |

Base Salary and Cash Incentives of our Chief Executive Officer and Chief Financial Officer

John Belizaire

Pursuant to the merger with Soluna Callisto, SCI and John Belizaire entered into an employment agreement,