Stran & Company, Inc.

The Annual Report on Form 10-K for the fiscal year ended December 31, 2024 of Stran & Company, Inc. (the “Company”) could not be filed within the prescribed time period without unreasonable effort or expense because of delays in the preparation of the financial statements as of and for the fiscal year ended December 31, 2024 due to (i) the Company’s required prior restatement of its financial statements for the fiscal years ended December 31, 2023 and 2022 and filing of its amended Annual Report on Form 10-K for the fiscal year ended December 31, 2023, and (ii) the Company’s delayed required prior preparation of its financial statements as of and for the fiscal periods ended March 31, 2024, June 30, 2024, and September 30, 2024 and filing of its Quarterly Reports on Form 10-Q for the quarterly periods ended March 31, 2024, June 30, 2024, and September 30, 2024

The Quarterly Report on Form 10-Q for the period ended June 30, 2024 (the “Form 10-Q”) of Stran & Company, Inc. (the “Company”) could not be filed within the prescribed time period without unreasonable effort or expense for the reasons set forth below: As previously reported in the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission (the “Commission”) on May 13, 2024, on May 3, 2024, the Commission issued an Order Instituting Public Administrative and Cease-and-Desist Proceedings Pursuant to Section 8A of the Securities Act of 1933, Sections 4C and 21C of the Securities Exchange Act of 1934 and Rule 102(e) of the Commission’s Rules of Practice, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order (the “Order”) , reporting that it had settled administrative and cease-and-desist proceedings against the Company’s prior auditor, BF Borgers CPA PC (“BF Borgers”) and its sole audit partner, Benjamin F. Borgers CPA, permanently barring BF Borgers and Mr. Borgers from appearing or practicing before the Commission as an accountant. As a result of the Order, BF Borgers is not currently permitted to appear or practice before the Commission for the reasons described in the Order. In addition, as a result of the Order, the Company’s financial statements as of and for the years ending December 31, 2023 and December 31, 2022, which were audited by BF Borgers, and the Company’s interim financial statements as of and for the periods ending March 31, 2023, June 30, 2023 and September 30, 2023, which were reviewed by BF Borgers, may no longer be included in or incorporated into the Company’s filings with the Commission, including without limitation the Form 10-Q. Effective May 13, 2024, the Audit Committee of the board of directors of the Company dismissed BF Borgers as the Company’s auditor

The Quarterly Report on Form 10-Q for the period ended March 31, 2024 (the “Form 10-Q”) of Stran & Company, Inc. (the “Company”) could not be filed within the prescribed time period without unreasonable effort or expense for the reasons set forth below: As previously reported in the Company’s Current Report on Form 8-K filed with the SEC on May 13, 2024, on May 3, 2024, the Securities and Exchange Commission (the “SEC”) issued an Order Instituting Public Administrative and Cease-and-Desist Proceedings Pursuant to Section 8A of the Securities Act of 1933, Sections 4C and 21C of the Securities Exchange Act of 1934 and Rule 102(e) of the Commission’s Rules of Practice, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order (the “Order”) , reporting that it had settled administrative and cease-and-desist proceedings against the Company’s former auditor, BF Borgers CPA PC (“BF Borgers”) and its sole audit partner, Benjamin F. Borgers CPA, permanently barring BF Borgers and Mr. Borgers from appearing or practicing before the SEC as an accountant. As a result of the Order, BF Borgers is not currently permitted to appear or practice before the SEC for the reasons described in the Order. Effective May 13, 2024, the Company therefore dismissed BF Borgers as its auditor. In addition, as a result of the Order, the Company’s financial statements for the years ending December 31, 2023 and December 31, 2022, which were audited by BF Borgers, and the Company’s interim financial statements for the quarters ending March 31, 2023, June 30, 2023 and September 30, 2023, which were reviewed by BF Borgers, may no longer be included in or incorporated into the Company’s filings with the Commission, including without limitation the Form 10-Q