Company: MSTR
Filing Date: 2025-08-11
Form Type: DEFA14A
Source: 0001193125-25-177525
Chunk: 12

Company: Strategy Inc
Filing Date: 2025-08-11
Form: DEFA14A
Chunk 12
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 or without cause, by the
holders of shares representing a majority in voting power of the outstanding shares of stock entitled to be cast at an election of directors. Unless otherwise provided by the General Corporation Law of Delaware or the Certificate of Incorporation,
any newly created directorship or any vacancy occurring in the Board of Directors for any reason may be filled by a majority of the remaining members of the Board of Directors, although such majority is less than a quorum, by a sole remaining
director or by stockholders, and each Director so elected shall hold office until the expiration of the term of office of the Director whom he has replaced and until such Director’s successor is elected and qualified or until such
Director’s earlier death, resignation or removal.

Section 2.3. . Regular meetings of the Board of
Directors may be held at such places within or without the State of Delaware and at such times as the Board of Directors may from time to time determine; provided that any Director who is absent when such determination is made shall be given notice
of such determination.

5

Section 2.4. . Special meetings of the Board of Directors may be
held at any time or place within or without the State of Delaware whenever called by the Chairman of the Board, the Chief Executive Officer, three or more Directors, or by one Director if there is only a single Director in office. Reasonable notice
thereof shall be given by the person or persons calling the meeting, not less than 48 hours prior to the time of the special meeting. Without limiting the manner in which notice otherwise may be given effectively to directors, notice to directors
may be given in writing or orally, and may be given in person, by telephone or by means of electronic transmission.

Section 2.5.
. Members of the Board of Directors, or any committee designated by the Board, may participate in a meeting of such Board or committee by means of conference telephone or other communications equipment by means of
which all persons participating in the meeting can hear each other, and participation in a meeting pursuant to this By-law shall constitute presence in person at such meeting.

Section 2.6. . At all meetings of the Board of Directors a majority of the whole Board shall
constitute a quorum for the transaction of business. If one or more of the Directors shall be disqualified to vote at any meeting, then the required quorum shall be reduced by one for each director so disqualified; provided, however, that in no case
shall less than one