Soluna (SLNH) AGM 2025 summary

Opening remarks and agenda

• CEO and CFO introduced directors, officers, legal counsel, auditor, and inspector of elections at the start of the meeting.

• The meeting was called to order, and the secretary was designated to record minutes.

Corporate governance

• Notice of the meeting, proxy statement, and proxy card were mailed to shareholders of record as of July 9, 2025.

• A certified list of shareholders was compiled and made available for inspection.

• 20,496,349 shares of common stock and 1,085,142 shares issuable upon conversion of Series B Preferred Stock were outstanding.

• Quorum was confirmed with a majority of shares represented in person, remotely, or by proxy.

• Inspector of Election was appointed and sworn in to oversee voting.

Shareholder proposals

• Election of David Michaels and Matthew Lipman as Class II Directors for three-year terms was proposed.

• Approval of one or more reverse stock splits within a 1:45 to 1:450 ratio range, to be determined by the Board within one year, was proposed.

• Approval to adjourn the meeting if insufficient votes for the reverse split proposal was proposed.

• Ratification of UHY LLP as independent auditor for the year ending December 31, 2025, was proposed.