On July 3, 2020, the Board of Directors of MicroStrategy Incorporated (the “Company”) appointed Phong Le, the Company’s Senior Executive Vice President, Chief Operating Officer & Chief Financial Officer, to serve as the Company’s President, effective as of July 6, 2020. With the appointment of Mr. Le as described above, Michael J. Saylor no longer serves as the Company’s President and Mr. Le no longer serves as Senior Executive Vice President or Chief Operating Officer of the Company. Mr. Saylor will continue to serve as the Chairman of the Board of Directors and Chief Executive Officer of the Company, with Mr. Le continuing to report to Mr. Saylor, and Mr. Le will continue to serve as Chief Financial Officer of the Company. Prior to his appointment as President, Mr. Le had served as the Company’s Chief Operating Officer since June 2018. In addition, Mr. Le has served as the Company’s Chief Financial Officer since April 2020 and previously served as the Company’s Chief Financial Officer from August 2015 to November 2019. Prior to joining the Company, Mr. Le served as the chief financial officer of XO Communications, a privately held telecommunications company, from August 2014 to August 2015. On July 3, 2020, the Board of Directors of the Company appointed Jeanine Montgomery to serve as the Company’s Senior Vice President & Chief Accounting Officer, in which position she will serve as the Company’s principal accounting officer, effective as of July 6, 2020. With the appointment of Ms. Montgomery as described above, Mr. Le no longer serves as the Company’s principal accounting officer. Prior to her appointment as Senior Vice President & Chief Accounting Officer, Ms. Montgomery had served as the Company’s Senior Vice President, Finance & Worldwide Controller, a position she had held since September 2016. Previously she served as chief accounting officer of comScore Inc., a publicly traded information and analytics company, from December 2015 to September 2016, and as vice president, chief accounting officer of Beacon Roofing Supply Inc., a publicly traded distributor of roofing materials and complementary building products, from July 2013 to December 2015.
MicroStrategy Incorporated is a bitcoin development company. It is engaged in the development of the bitcoin network through its activities in the financial markets, advocacy and technology. It designs, develops, markets and sales its software platform through licensing arrangements and cloud subscriptions and related services. It provides artificial intelligence-powered business intelligence, and enterprise analytics solutions. It offers software and services designed to turn complex, chaotic data environments into rich, reliable, and convenient information feeds for its customers. Its cloud-native flagship, MicroStrategy ONE, powers some of the analytics deployments in the world for customers spanning a range of industries, including retail, banking, technology, manufacturing, insurance, consulting, healthcare, telecommunications and the public sector. MicroStrategy ONE provides non-technical users with the ability to directly access novel and actionable insights for decision-making.
MICROSTRATEGY INCORPORATED 
