Strategy (MSTR) Proxy filing summary

Executive summary

• Proxy materials for the 2026 Annual Meeting are available online, with voting instructions provided to shareholders of record as of April 17, 2026.

• The meeting will address proposed changes to dividend payment frequency and terms for Variable Rate Series A Perpetual Stretch Preferred Stock.

• Forward-looking statements highlight potential impacts of dividend changes and other future plans.

Voting matters and shareholder proposals

• Shareholders are asked to vote on a proposal to shift STRC dividend payments from monthly to semi-monthly, with the first semi-monthly payout scheduled for July 15 if approved.

• Voting notices have been sent to holders of both share classes, with instructions to cast votes online or by proxy card.

• The dividend rate is proposed to be maintained at 11.50% for May.

Board of directors and corporate governance

• Directors, executive officers, and investor relations employees are participants in the proxy solicitation.

• Information on director and executive compensation, as well as security ownership, is available in the proxy statement.