0001493152-26-015140 Sample Contracts

COMMON STOCK PURCHASE WARRANT SOLUNA HOLDINGS, INC.
Common Stock Purchase Warrant • April 3rd, 2026 • Soluna Holdings, Inc • Finance services • New York

THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, Generate Strategic Credit Master Fund I-B, L.P. or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the date set forth above (the “Initial Exercise Date”) and on or prior to 5:00 p.m. (New York City time) on the five year anniversary of the Issue Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from Soluna Holdings, Inc., a Nevada corporation (the “Company”), up to 650,000 shares (as subject to adjustment hereunder, the “Warrant Shares”) of Common Stock. The purchase price for this Warrant shall be equal to the Warrant Fair Market Value (as defined herein). The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).

MEMBERSHIP INTEREST PURCHASE AGREEMENT dated as of April 1, 2026, by and among BRISCOE WIND PROJECT HOLDINGS I, LLC, JPM CAPITAL CORPORATION, AND MORGAN STANLEY WIND LLC, AS SELLERS, AND SOLUNA DV WIND SPONSORCO, LLC, AS BUYER
Membership Interest Purchase Agreement • April 3rd, 2026 • Soluna Holdings, Inc • Finance services • New York

THIS MEMBERSHIP INTEREST PURCHASE AGREEMENT, dated as of April 1, 2026 (this “Agreement”), is entered into by and among Briscoe Wind Project Holdings I, LLC, a Delaware limited liability company (“Briscoe Holdings”), JPM Capital Corporation, a Delaware corporation (“JPMCC”), and Morgan Stanley Wind LLC, a Delaware limited liability company (“MSW” and, together with Briscoe Holdings and JPMCC, “Sellers”), and Soluna DV Wind SponsorCo, LLC, a Delaware limited liability company (“Buyer”). Each of Sellers and Buyer may be referred to herein as a “Party” and collectively as the “Parties.”

CONSENT AND AMENDMENT NO. 1 TO CREDIT AND GUARANTY AGREEMENT AND AMENDMENT NO. 1 TO PLEDGE AGREEMENT
Credit and Guaranty Agreement • April 3rd, 2026 • Soluna Holdings, Inc • Finance services

This Consent and Amendment No. 1 to Credit and Guaranty Agreement and Amendment No. 1 to Pledge Agreement, dated as of April 1, 2026 (this “Amendment”), amends (i) that certain Credit and Guaranty Agreement, dated as of September 12, 2025 (the “Existing Credit Agreement”, and as the same may be further amended, amended and restated, restated, modified or supplemented and in effect from time to time, the “Credit Agreement”), by and among Soluna DVSL ComputeCo, LLC, a Delaware limited liability company (the “Dorothy 1A Borrower”), Soluna DVSL II ComputeCo, LLC, a Delaware limited liability company (the “Dorothy 2 Borrower”, and together with the Dorothy 1A Borrower, the “Tranche A Borrowers”), Soluna KK I ComputeCo LLC, a Delaware limited liability company (the “Tranche B Borrower”, and together with the Tranche A Borrowers, the “Existing Borrowers”), Soluna DV Services, LLC, a Nevada limited liability company (“Soluna Services”), Soluna KK Energy ServiceCo, LLC, a Nevada limited liabili

AMENDED AND RESTATED REGISTRATION RIGHTS AGREEMENT
Registration Rights Agreement • April 3rd, 2026 • Soluna Holdings, Inc • Finance services • New York

This Amended and Restated Registration Rights Agreement (this “Agreement”) is made and entered into as of April 1, 2026, by and between Soluna Holdings, Inc., a Nevada corporation (together with any successor entity thereto, the “Company”), on the one hand, and Generate Strategic Credit Master Fund I-B, L.P. (the “Warrant Holder”), on the other hand.