Company: MSTR
Filing Date: 2025-04-28
Form Type: DEF 14A
Source: 0001193125-25-100720
Chunk: 38

Company: Strategy Inc
Filing Date: 2025-04-28
Form: DEF 14A
Chunk 38
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 a telephone number. If the letter is intended for a specific Board member, the name of such Board member should be noted in the communication. The General Counsel will forward any such correspondence to the intended recipient. However, prior to doing so, the General Counsel or his designee will review such correspondence and, in his or her discretion, may not forward communications that relate to ordinary business affairs, communications that are primarily commercial in nature or personal grievances, or communications that relate to an improper or irrelevant topic or are otherwise inappropriate for the Board’s or any individual Board member’s consideration.

| STRATEGY | 2025 Proxy Statement |     | 21 |

Delinquent Section 16(a) Reports Section 16(a) of the Exchange Act requires our directors, officers, and holders of more than 10% of any class of our equity securities registered pursuant to Section 12 of the Exchange Act to file reports of their ownership and changes in ownership of such securities with the SEC. On February 12, 2025, the Company’s general counsel, W. Ming Shao, learned that, on March 3, 2020, Mr. Shao’s broker erroneously sold five (5) shares of Company Class A Stock held by Mr. Shao, at a price of $133.9574 per share. This sale was made without Mr. Shao’s knowledge or authorization. The amount of shares sold and the per share price was reported on a Form 5 filed with the SEC on February 14, 2025, and was adjusted to reflect a 10-for-1forward stock split effected by the Company on August 7, 2024. Based solely on our review of the reports filed during 2024 and written representations from our directors and officers that no other reports were required, all other Section 16(a) filing requirements were satisfied with respect to 2024. Code of Ethics The Board, through its Audit Committee, has adopted a Code of Ethics that applies to Strategy’s principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions and such other personnel of Strategy or its majority-owned subsidiaries as may be designated from time to time by the Chair of the Audit Committee. The Code of Ethics, as amended, is publicly available on the Corporate Governance section of our website, www.strategy.com/investor-relations. We intend to disclose any amendments to the Code of Ethics or any waiver from a provision of the Code of Ethics on the Corporate Governance section of