Thank you for standing by, and Welcome to the Arqit Quantum Inc. annual meeting. I will now turn it over to the CEO, Andy Leaver.
Thank you, and good morning. My name is Andy Leaver. I am the CEO of Arqit. On behalf of the board, I want to welcome you to Arqit's 2026 annual general meeting. It's just after 4:00 P.M. in London, and I hereby call the meeting to order. I will act as chair of this meeting, and Rob Russell, our CFO, will act as secretary and record the minutes. He will also act as the inspector of election for the meeting. I will now report on the presence of a quorum. The list of shareholders shows that 19,124,018 ordinary shares were issued and outstanding and entitled to vote on 13th of August 2026, which was the record date for the determination of shareholders entitled to receive notice of and to vote at this meeting.
There are present in person and by proxy the holders of 49.2% of the total ordinary shares issued and outstanding, and accordingly, a quorum is present. Let us now consider the agenda for today. There is a single proposal for shareholder consideration, the election of two Class II directors, Carlo Calabria and Andrew Leaver. If any shareholder is present who has not sent in a proxy and who now wishes to turn it in rather than vote in person, please raise your hand at this time so that it can be collected for the inspector of election. For anyone who wishes to vote in person, please raise your hand at this time and we'll provide you with a ballot. Now we'll proceed with a review of the proposal. The sole proposal for consideration is the election of two Class II directors, each to serve until the 2029 annual general meeting.
The nominees are Carlo Calabria and Andrew Leaver. Both nominees are currently directors. I will pause for a minute to permit questions relating to the proposal. Subject to final tabulation of the voting, which should not materially change the results, I can report that the shareholders have voted as follows. At least 98.1% of the total shares present or represented by proxy and entitled to vote were voted to elect each of the directors nominated. I declare that the proposal has passed, and it is hereby resolved that each of Carlo Calabria and Andrew Leaver, currently serving as Class II directors of the company, are reelected and appointed to serve a three-year term in accordance with Article 30.3 of the Articles of Association of the company. With the voting now completed, this concludes the formal business for which the meeting was called. I thank you all for attending.
This concludes today's annual meeting. You may now disconnect.