Daily Journal Corporation Files Definitive Proxy Materials and Mails Letter to Shareholders

About this update from Daily Journal Corp. (s.c.)

Highlights the Board has Overseen Record Revenue at Journal Technologies, Sound Capital Allocation and a Sustained Focus on Long-Term Value Creation Reminds Shareholders That Buxton Helmsley, Which Previously Tried to Extract Consulting Payments as Part of a Self-Serving Scheme, Continues Waging a Reckless Campaign That Could Undermine the Company’s Positive Momentum Urges Shareholders to Vote “FOR” All of the Company’s Highly Qualified Directors on the Company’s White Proxy Card LOS ANGELES, Jan. 21, 2026 (GLOBE NEWSWIRE) -- Daily Journal Corporation (Nasdaq: DJCO) (the “Company” or “we”) today announced that it has filed its definitive proxy materials with the Securities and Exchange Commission in connection with its 2026 Annual Meeting of Shareholders (the “Annual Meeting”) scheduled to be held on February 24, 2026. Shareholders of record as of the close of business on December 16, 2025 will be entitled to vote at the Annual Meeting. In conjunction with the definitive proxy filing, the Company has mailed a letter to shareholders from CEO and Chairman of the Board of Directors (the “Board”) Steven Myhill-Jones. Highlights from the letter include: The Company’s definitive proxy materials and other information regarding the Annual Meeting can be found at ir.dailyjournal.com. The full text of the letter being mailed to shareholders follows: Dear Daily Journal Shareholders, Fiscal 2025 was a strong year for the Company. I’m proud of the dedicated efforts of our entire team, who delivered record revenue by modernizing our pricing and other key aspects of our operations. We are seeing continued positive momentum at Journal Technologies, and are coupling cost discipline with systems optimization at our Traditional Publishing Business. Of course, thanks to the foresight and wisdom of our long-time Chairman, Charles T. Munger, both operating businesses are supported by a $493 million portfolio of high-quality securities that gives us the ability to compete for bigger projects and invest excess cash in our people and our products, where sensible. We’re not done with our building and modernization efforts – but we’ve been making great progress. Our Annual Meeting on February 24, 2026 I strongly recommend that you vote using the Company’s white proxy card to re-elect the Company’s full slate of directors and approve our proposals at the 2026 Annual Meeting of Share...

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