Strategy (MSTR) Proxy filing summary

Executive summary

• Special Meeting scheduled for October 28, 2026, to be held virtually for all shareholders.

• Main agenda: approve amendments to four U.S.-listed preferred stock instruments to allow daily dividends and, if needed, adjourn the meeting to solicit more votes.

• Daily dividends aim to enhance liquidity, trading efficiency, and reinvestment timing for preferred stockholders, and support capital access for the company’s Bitcoin Treasury strategy.

Voting matters and shareholder proposals

• Proposal 1: Amend and restate certificates of designations for STRF, STRC, STRK, and STRD preferred stocks to permit daily dividends.

• Proposal 2: Approve adjournment of the meeting if more time is needed to solicit votes for Proposal 1.

• Board recommends voting FOR both proposals.

• Shareholders can vote online, by phone, or by mail, and may change their vote up to the meeting date.

Board of directors and corporate governance

• Board and executive leadership, including Michael J. Saylor and Phong Q. Le, signed the joint letter and oversee the proxy process.

• Board retains the right to abandon the amendments before they become effective.