Summary of Soluna Holdings Special Meeting Company Overview - **Company**: Soluna Holdings (NasdaqCM: SLNH) - **Meeting Date**: November 07, 2025 - **Key Participants**: John Belizaire (CEO), David Michaels (CFO), Chris Gandolfo (Independent Inspector of Elections) Key Proposals Discussed 1. **Increase in Authorized Shares** - Proposal to amend the company's articles of incorporation to increase the number of authorized common stock from 75 million shares to 375 million shares - This proposal requires a majority vote to pass [5][12] 2. **Adjournment Proposal** - Proposal to adjourn the special meeting if necessary to solicit additional proxies if there is not sufficient vote to approve the amendment - This proposal also requires a majority vote to pass [5][12] Voting and Outcomes - A quorum was confirmed for the meeting, allowing it to proceed [3] - Both proposals were approved by a majority of the votes cast [12] Important Details - As of the record date (October 1, 2025), there were 64,102,101 shares of common stock issued and outstanding, with each share entitled to one vote [2] - The meeting was conducted with the presence of directors, officers, and legal counsel, ensuring compliance with corporate governance [1] - The final results of the voting will be reported in a Form 8-K to be filed with the SEC within four business days following the meeting [12] Additional Notes - The meeting was structured to allow stockholders to change their votes if desired [4] - The presence of an independent inspector of elections was noted, ensuring the integrity of the voting process [3]

Financial Data and Key Metrics Changes - The company reported a total of 888,978 shares of common stock outstanding as of September 5, 2025, with a quorum of 364,916 shares present at the meeting [5][12] - The company approved the issuance of shares underlying the Series I preferred stock and warrants, which includes approximately 875,000 shares of common stock issuable upon conversion of the Series I preferred stock [9][15] Business Line Data and Key Metrics Changes - The meeting included a vote to approve the adoption of the Fourth Amendment to the Long-Term Incentive Plan, increasing the number of shares available for issuance by an additional 135,627 shares [11][14] Market Data and Key Metrics Changes - No specific market data or key metrics changes were discussed during the meeting Company Strategy and Development Direction and Industry Competition - The company is focusing on compliance with NASDAQ listing rules and enhancing its Long-Term Incentive Plan to attract and retain talent [8][10] Management's Comments on Operating Environment and Future Outlook - Management did not provide specific comments on the operating environment or future outlook during this meeting Other Important Information - The meeting was conducted to address three main business matters, including the issuance of shares, the amendment of the incentive plan, and the potential adjournment of the meeting if necessary [10][12] Q&A Session All Questions and Answers - No specific questions or answers were recorded during the meeting, as it concluded without further inquiries from the attendees [15][16]