Strive Inc. Variable Rate Series A Perpetual Preferred Stock (SATA), 12% Initial Annual Dividend - SATA

Strive Inc. Variable Rate Series A Perpetual Preferred Stock is a preferred equity instrument that offers investors a senior claim on dividends and liquidation relative to Strive Inc.’s common shares. This preferred stock is perpetual, meaning it has no fixed maturity date, and is structured with a variable dividend rate. Notably, it begins with a high initial annual dividend of 12%, calculated on a $100 stated amount per share, with dividends distributed monthly starting December 15, 2025. The dividend rate is subject to adjustment by Strive Inc. under defined terms but cannot be reduced below certain thresholds, and mechanisms are in place to accumulate and compound unpaid dividends, with rates rising in cases of prolonged non-payment—capped at 20% per annum. The Series A Perpetual Preferred shares have an initial liquidation preference of $100 per share and are senior to Strive’s Class A and B common stock for both dividends and liquidation events. Additionally, Strive Inc. may redeem these shares at $110 per share plus accrued dividends following certain events, and shareholders are granted a repurchase right under specified fundamental changes. The proceeds from the issuance of these shares were used primarily to acquire bitcoin and for general corporate purposes, highlighting Strive’s capital allocation strategy and positioning these securities uniquely within the market as they combine features of traditional preferred stock with exposure to digital asset initiatives.