Good afternoon, ladies and gentlemen. It is now 2:00 P.M. and time to begin the annual meeting of shareholders of Trisura Group Ltd. My name is George Myhal, and as Chair of the Board, it is my pleasure to chair today's meeting. On behalf of the Board and Management, I would like to extend a warm welcome to everyone attending in person and through the online live stream broadcast today. We are pleased to host the meeting, both in person and online, accessible to all of our shareholders to participate, submit questions, and to vote. I will now call the meeting to order, and I would ask TSX Trust Company, by its representatives, to act as scrutineers. I will also ask Bryan Sinclair to act as Secretary of today's meeting. It is now my pleasure to introduce members of Management here with me today.
Please stand up and give a wave when I call your name. David Clare, President and Chief Executive Officer, Trisura Group. David Scotland, Chief Financial Officer, Trisura Group. Chris Sekine, Chief Executive Officer, Trisura Canada. Michael Beasley, Chief Executive Officer, Trisura US. Finally, Richard Grant, Chief Operating Officer, Trisura Canada. As outlined in our management information circular, there are three items of business to be considered today. First, to receive the consolidated financial statements of the company for the fiscal year ended December 31st, 2022. Second, to elect the directors who will serve until the next annual meeting of shareholders. Third, to appoint the external auditor and authorize the directors to set their remuneration.
In connection with the business to be dealt with today, only registered shareholders who held shares in their name as of April 17th, 2023, the record date for this meeting, or validly appointed proxy holders, are entitled to vote at this meeting. In-person voting will be conducted through the tablets provided. Once voting has opened, the voting tab will appear on the navigation bar at the top of your screen. The resolutions and voting choices will be displayed. After your vote, a message confirming, "Vote received," will appear. Your vote can be changed by simply clicking the other option. If you wish to cancel your vote, please press Cancel. For those voting online, we will conduct the votes on the matters before us by poll. Once the poll is opened, registered shareholders and proxy holders will be able to vote through the webcast portal.
Please refer to the instructions on the left side of the webcast page. Polling will be opened for all resolutions at the same time. This will allow you to choose to vote on each resolution immediately or wait until the conclusion of discussion on each resolution prior to casting your vote. If you voted in advance of the meeting and do not wish to revoke your previously submitted proxies, you don't need to do anything. There will be an opportunity to ask questions on each resolution in turn. For those online, please refer to the instructions on the left side of the webcast page for information on voting and how to ask a question. I would note that those joining online or attending in person as a guest will not be able to vote, and will only be able to ask questions during management's presentation.
Once discussions on all items of business has concluded, I will give you time to enter your votes and then declare voting closed on all resolutions. In the unlikely event of serious technological failure that prevents the meeting from continuing, the meeting will be rescheduled. I now declare the polls open on all resolutions. In order to expedite the formal part of today's meeting, I have asked certain shareholders to move and second various resolutions. Although this procedure will assist in the handling of the formal matters, it is not intended to discourage anyone from speaking in reference to any resolution after it has been proposed and seconded.
I am advised that the notice calling this meeting and the management information circular were disseminated to voting shareholders in accordance with all applicable laws, and I have asked the secretary of the meeting to keep a copy of the notice and proof of mailing with the minutes of this meeting. Based on the scrutineer's preliminary report on attendance, the secretary has confirmed that in accordance with the company's bylaws, there is a quorum present. I therefore declare the meeting properly constituted for the transaction of business for which it has been called. Turning now to the first item of formal business, I will table the company's 2022 annual report to shareholders, which includes the company's consolidated financial statements for the fiscal year ended December 31st, 2022, together with the external auditor's report.
Copies of our annual report have been mailed to shareholders who have requested the report and are also available on our website. The second item of business at our meeting today is to elect directors who will serve until our next annual meeting of shareholders. It is my pleasure to introduce the eight director nominees standing for election this year. Paul Gallagher, Barton Hedges, Anik Lanthier, Janice Madon, Greg Morrison, George Myhal, Bob Taylor, and David Clare. All nominees are current directors of the company. Information on all eight director nominees is set out in our management information circular, which has been posted on our website for shareholder review and available from the company upon request.
I am pleased to report that based on the proxies received by management in advance of the meeting, each director nominee received votes in favor of their election from over 75% of the votes cast. The meeting is now open to receive nominations for election of the proposed directors.
Thank you, David.
Thank you, Chris. Are there any further nominations? If not, I declare the nominations closed. As there are eight directors to be elected in the same number of nominees, I now declare that those nominated have been duly directed as directors of the company. Ladies and gentlemen, some of our directors are with us here today. I hope you will have an opportunity to meet and talk with them after the meeting. The third and final item of business today is the appointment of the company's external auditor and authorizing the directors to set their remuneration. As stated in the management information circular, the audit committee of our board has recommended to shareholders that Deloitte LLP be reappointed as the company's external auditor. It is now in order for someone to move this resolution.
of the company until the next annual meeting, and that the directors be authorized to set their remuneration.
Thank you, Chris.
Thank you, David. The resolution has been moved and seconded, and the motion is now before the meeting for discussion. Adoption of this motion requires the favorable vote of at least a majority of the votes cast by shareholders present or represented by proxy at this meeting. Management has received proxies representing 80% of the company's common shares. These proxies direct me to vote all of those shares in favor of the resolution. On that basis, I declare the motion carried. For those who have not voted on all of the resolutions, please do so now, as I will shortly close the poll. I will close the poll on all resolutions in 60 seconds to allow for any delay. Okay. Thank you for casting your votes on these matters. The polls are now closed.
The final voting results will be available after the meeting and posted to SEDAR at www.sedar.com. Since there is no other business, I now declare this meeting terminated. Ladies and gentlemen, that completes the formal part of today's meeting. I will now call on David Clare to begin management's Investor Day presentation. For those of you who have joined our AGM virtually, you will need to access a new webcast to listen in to the Investor Day presentations. The link is available on the Lumi AGM platform and on the Trisura Group website. At the end of the presentation, management will be available to respond to any questions or comments that you may have. Please note that in responding to questions and in talking about our new initiatives and our financial and operating performance, we may make forward-looking statements.
These statements are subject to known and unknown risks, and future results may differ materially. For further information on known risk factors, I would encourage you to review the risk management section of the management's discussion and analysis in our annual report. With that, we will begin the Investor Day presentations in just a few moments. Thank you very much.