Strategy (MSTR) Proxy filing summary

Executive summary

• Oct. 15 board declaration sets conditional daily STRC cash dividends for Nov. 1–30, totaling $1.00 per share; the 12.00% annual rate applies if the required vote and filing conditions are met.

• If the conditions fail, daily dividends are not payable and the previously declared Nov. 15 dividend remains payable; both alternatives will not become unconditionally payable.

Voting matters and shareholder proposals

• A special meeting is scheduled for Oct. 28, 2026, at 10:00 a.m. ET to vote on amendments establishing daily dividend record dates for STRC and certain other preferred stock series.

• The daily dividends require shareholder approval of the amendments by 5:00 p.m. ET on Oct. 31 and timely filing and effectiveness of the amended STRC certificate by 12:01 a.m. ET on Nov. 1.

Board of directors and corporate governance

• The board declared daily STRC dividends for Nov. 1–30, payable on the next business day to holders of record at 5:00 p.m. New York City time each record date.

• Management will recommend maintaining STRC’s 12.00% annual dividend rate until the preferred stock demonstrates sustained, healthy trading near $100 per share.