Company: MSTR
Filing Date: 2025-04-28
Form Type: DEF 14A
Source: 0001193125-25-100720
Chunk: 10

Company: Strategy Inc
Filing Date: 2025-04-28
Form: DEF 14A
Chunk 10
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. Percentages have been calculated based on 249,688,978 shares of Class A Stock, 19,640,250 shares of Class B Stock, and 8,500,000 shares of Perpetual Strife Preferred Stock outstanding as of April 22, 2025. Any shares of Class A Stock (i) subject to outstanding stock options that are currently exercisable or will become exercisable within 60 days after April 22, 2025, (ii) subject to outstanding restricted stock units (“RSUs”) that will vest within 60 days after April 22, 2025, and (iii) issuable upon conversion of Class B Stock or Perpetual Strike Preferred Stock, are deemed outstanding for the purpose of calculating a director’s or officer’s percentage ownership, but are not deemed outstanding for the purpose of computing the percentage ownership of any other person. Our Preferred Stock has voting rights with respect only to certain specified matters and no voting rights with respect to any of the matters to be acted on at the Annual Meeting. As such, we refer to our Class A Stock and Class B Stock, collectively, as “Voting Equity Securities” and our Perpetual Strife Preferred Stock and Perpetual Strike Preferred Stock, collectively, as “Non-VotingEquity Securities.” As of April, 22, 2025, there are 7,763,888 shares of Perpetual Strike Preferred Stock outstanding. None of our directors or officers beneficially owned any shares of Perpetual Strike Preferred Stock as of April 22, 2025. Therefore, the only class of Non-VotingEquity Securities reflected in the table below is our Perpetual Strife Preferred Stock. Except as otherwise indicated, the address of each beneficial owner named below is in care of Strategy, 1850 Towers Crescent Plaza, Tysons Corner, Virginia 22182.

|                                                                  |     | Beneficial Ownership of Voting Equity Securities |           |     |       |     |     |               |            |     |       |      |     |                            |            |     |              |     |     |              |      |     | Beneficial Ownership of 
 Non-Voting Equity       
 Securities              |       |     |   |
|                                                                  |     | Number of Shares and                             
 Percent of Class                                 
 Owned(1)                                         |           |     |       |     |     |               |            |     |       |      |     | Beneficial                 
 Ownership of               
 Class A Stock              
 (Shares)(