SOL Strategies Inc.

Elements of Compensation

The Company’s compensation philosophy is that an individual’s compensation should be based on the Company’s performance, the individual’s performance and the comparable market compensation for a given role. The total compensation will consist of a base salary and a bonus consisting of a combination of cash and stock based compensation incentives. While we emphasize performance-based compensation, we do not maintain specific policies or programs that prescribe a specified mix among base salary, short-term cash bonuses and longer-term cash, or equity incentives that we target.

The Company has adopted the Equity Incentive Plan pursuant to which incentive awards are granted to eligible individuals. The Equity Incentive Plan provides for the grant of options to purchase Common Shares and restricted share units (“RSUs”) of the Company to such employees, directors and consultants engaged by the Company or any of its affiliates. The current version of the Equity Incentive Plan was last approved by shareholders of the Company on June 19th, 2025, such that the maximum number of Common Shares issuable pursuant to the Equity Incentive Plan as at September 30, 2025, was 2,299,984, at which time 643,626 options and 15,106 restricted share units had been granted, leaving 1,641,252 Common Shares available for issue.

The Company operates with the goal that every employee should participate in the long-term success of the Company, and as such have implemented compensation components which include: