Strategy (MSTR) Proxy filing summary

Executive summary

• Special Meeting of Stockholders scheduled to consider proposals impacting preferred stock terms and dividend structure.

• Proposed upgrades include shifting to daily dividends and enhancing liquidity and price stability.

• Forward-looking statements highlight potential benefits and risks of proposed changes to multiple series of preferred stock.

Voting matters and shareholder proposals

• Shareholders will vote on proposals related to upgrades in dividend frequency and capital structure enhancements.

• No proxy cards are being furnished with this communication; voting instructions will be in the definitive proxy statement.

Executive compensation and say-on-pay

• Information about executive and director compensation is referenced in the annual meeting proxy statement filed April 28, 2026.