Buxton Helmsley Issues Open Letter To Daily Journal Board Citing Accounting And Governance Concerns, Plans To Build Stake

Buxton Helmsley USA, Inc. ("BH"), a New York City-based alternative asset manager whose brand is recognized by Bloomberg as being among the top 15% of activist investors globally (based on number of investor advocacy campaigns), today released an open letter to the directors of the Daily Journal Corporation (the "Company" or "DJCO"), given a failure to timely react to a July 25, 2025, open letter to shareholders outlining concerns related to: (a) compliance with accounting standards and securities laws; and (b) corporate governance.

The open letter may be viewed at: https://www.buxtonhelmsley.com/djco

BH and its affiliates have chosen to retain no (long or short) interest in DJCO securities at the time of this release. Thus, BH will not profit in any way should DJCO shares rise or decline immediately after this press release is issued. Following the public distribution of these materials, BH intends to begin accumulating an interest in DJCO common stock.