Are we good to begin?
Yeah, I think so. Yeah.
Great. Okay, welcome to the annual general special meeting of the shareholders of BuildDirect. The meeting will now come to order. I'm Shawn Wilson, the CEO of the company. In accordance with the articles of the company and the consent in the meeting, I will act as the Chair of the meeting. I'll also act as Secretary of the meeting, Computershare Investor Services. The company's transfer agents provide us with a Scrutineer. Therefore, I appoint Olivia Craven to act as Scrutineer of the meeting. We'll now proceed with the formal portion of today's meeting. To expedite the formal business of the meeting in accordance with the articles of the company, I'll propose all motions. A seconder is not required.
The notice of the meeting, management information circular dated May 8th, 2025, and form of the proxy were mailed on May 20th, 2025, to the company's shareholders of record. Unless there are any objections, I propose we dispense with the reading of the notice of the meeting. Proof that notice of the meeting was given in accordance to the articles of the company will be filed with the minutes of the meeting. I will now ask that the scrutineer read her report on the attendance at the meeting.
Total shareholders voted by proxy is 16. Total shares issued and outstanding, 42,040,123, with a total shares voted of 32,386,790, with a total % of shares voted and quorum at 77.04%.
Okay. I adopt the report of the scrutineer and declare the attendance of this meeting to be as they're set out. I declare that there's a quorum of shareholders present and that this meeting has been regularly called and properly constituted for the transaction of business. The first item of business is a presentation of the audited financial statements of the company for the year ending December 31st, 2024, with related management discussion and analysis and the auditor's report thereon. The financial statements and auditor's report were filed on SEDAR in accordance with securities legislation. Unless someone specifically requests that I do so, I would propose that the auditor's report not be read at the meeting and we'll consider them received by the shareholders as submitted to the meeting. The next item of business is fix the number of directors at four .
Is there any discussion on this motion? Okay. Hearing none, I move to set the number of directors at four . I declare the motion carried. The next item of business is the election of directors. The board of directors presently consists of four directors whose terms of office are deemed to have expired today pursuant to the company's articles. The circular contains the names of the four persons who are proposed for election at this meeting. These four proposed nominees are Timothy Howley, Milan Roy, Henry Lees-Buckley, Eyal Ofir. I declare the persons nominated have been elected directors of the company by acclamation to hold office until the next annual meeting of the shareholders of the company, subject to the provisions of the articles of the company or the British Columbia Business Corporations Act.
The next item of business is the reappointment of Doane Grant Thornton, Chartered Professional Accountants as the auditors of the company until the next annual meeting of the shareholders of the company or until a successor is appointed at a remuneration to be fixed by the directors. Is there any discussion on this motion? Hearing none, I move to reappoint Grant Thornton, Chartered Professional Accountants as the auditors of the company until the next annual meeting of the shareholders of the company or until a successor is appointed at a remuneration to be fixed by directors. I declare the motion carried.
This completes the formal business of this meeting and the motion for the termination of this meeting is now in order. I move this meeting be terminated. I declare the motion carried. I thank you for joining us for the formal portion of today's meeting. Okay, Jan, is there anything else?
Not for the AGM part, but sometimes, following the AGM, there's like a summary of business, status of the business development, if you wish.
Sure. Just a couple of brief thoughts. I'm happy to take any questions, you know, within, you know, within that context. As we've, you know, published prior results, the company remains focused on accretive M&A activities and also, you know, scaling our e-commerce and Pro Centers footprint. Really, yeah, everything we're doing here to align resources and structure around that are for that sole purpose. Unless there's any questions or, you know, comments, there's really nothing additional I would, I'd bring up on my side. Great. All right. Okay. All right, guys. Thank you for joining. Have a great weekend. Thanks. Bye-bye.
Thank you.