Strategy (MSTR) Proxy filing summary

Executive summary

• Proposes amending dividend policy to pay semi-monthly instead of monthly, with payments on the 15th and month-end; total economics remain unchanged.

• Board recommends voting in favor of the amendment and all other proposals at the 2026 Annual Meeting scheduled for June 8, 2026.

• Semi-monthly dividends aim to stabilize price, reduce volatility, increase liquidity, and align with US payroll cycles.

• Forward-looking statements caution that actual results may differ due to various risk factors.

Voting matters and shareholder proposals

• Shareholders are asked to vote on moving STRC dividends from monthly to semi-monthly, with the same aggregate dividend amount.

• Voting materials are distributed electronically or by mail, with instructions for voting across multiple accounts and share classes.

• Board recommends voting FOR the proposed amendment and all other meeting proposals.

Board of directors and corporate governance

• Board of Directors is actively recommending the dividend policy change and communicating rationale to shareholders and employees.