Good day. Welcome to the Biomea Fusion, Inc. 2026 annual meeting of stockholders. I would now like to turn the conference over to Michael J.M. Hitchcock, Interim Chief Executive Officer of Biomea Fusion. Please go ahead.
Good morning, everyone. My name is Michael J.M. Hitchcock, the Interim Chief Executive Officer of Biomea Fusion. The meeting is now called to order. I've asked Maggie Wong of Goodwin Procter, our outside legal counsel, to record the minutes. It is a pleasure to welcome our shareholders and visitors to the annual meeting of Biomea Fusion. This meeting is being held in accordance with the corporation's bylaws and Delaware law. The formal business at hand is described in our notice and proxy statement, a copy of which was mailed on or about April 27th, 2026, to all of our stockholders of record at the close of business on April 13th, 2026. Before proceeding to the formal business, I would like to welcome our directors and officers of the corporation who are with us today.
Our independent auditors, the firm of Deloitte & Touche LLP, and their outside counsel, the firm of Goodwin Procter LLP. Let's proceed to the formal business of the meeting, notice of which was sent to all shareholders of record as of the close of business on April 13, 2026. Shareholders of record on that date are entitled to vote at this meeting. We have at this meeting a record of stockholders as of that date. A duplicate record has been on file at the principal place of business of the corporation for the last 10 days immediately prior to the date of this meeting, and has been available for inspection by any stockholder during that period at any time during normal business hours.
The Board of Directors has appointed Louis D. Larson to act as Inspector of Election for this annual meeting, and he will tabulate the results of the voting. The Inspector of Election has signed the oath of their office, which will be filed with the minutes of this meeting. Louis D. Larson, do we have a quorum present?
Of the 72,299,440 shares of common stock entitled to vote at the meeting, more than a majority of the shares are represented either in person or by proxy, and therefore a quorum is present.
I declare that a quorum is present. We may now proceed to transact the business for which this meeting has been called. Let me briefly describe the voting procedures. We will vote virtually by proxy and by written ballot. If you have previously turned in your proxy and you do not intend to change your vote, it is not necessary that you complete another proxy or ballot. Your vote will be counted. If you are eligible to vote and have not submitted your proxy, or if you want to change your vote, you may do so by clicking on the link provided through the virtual meeting platform. It is now time, and the polls for each matter to be voted on at this annual meeting are now open. Our first item of business is the election of Class II Directors.
At this meeting, we will be voting on two nominees for the Class II Directors to serve for a term of three years or as set forth in the proxy statement. In accordance with our certificate of incorporation and bylaws, your directors have nominated Rainer M. Erdtmann, Eric Aguiar, MD, to be elected to serve as Class II Directors. The corporation's bylaws require that a stockholder provide timely notice to the corporation of a stockholder's intent to nominate persons as directors. No such notice was received. Accordingly, I declare the nominations for director closed. The Board of Directors unanimously recommends that stockholders vote in favor of this proposal. The second item of business is the ratification of the appointment of Deloitte & Touche LLP as the corporation's independent registered public accounting firm for the fiscal year ending December 31, 2026.
The audit committee of the Board of Directors, which is comprised entirely of independent directors, appointed Deloitte & Touche as the corporation's independent registered public accounting firm to audit the corporation's financial statements for the fiscal year ending December 31, 2026. The Board of Directors approved the selection of Deloitte & Touche LLP and has asked the stockholders to ratify the selection. Stockholder ratification is not required by the corporation's bylaws. However, the Board of Directors is submitting this to the stockholders for ratification as a matter of good corporate governance. If the stockholders do not approve the selection of Deloitte & Touche as the corporation's independent registered public accounting firm, the Board of Directors and the audit committee will reconsider the appointment. If anyone joining us has not yet voted and desires to do so, please do so now through the virtual meeting platform.
The Inspector of Election will not accept ballots, proxies, or votes, or any changes or revocations submitted after the closing of the polls. It is now time, the polls for each matter to be voted on at this meeting are now closed. No additional ballots, proxies, or votes, no changes or revocations will be accepted. Inspector of Election, please report on the results of the voting.
With regard to proposal one, the shares present or represented and entitled to vote have been voted in favor of the election of the persons nominated. With regard to proposal two, a majority of the shares present or represented and entitled to vote have been voted in favor of the ratification of Deloitte & Touche LLP as the corporation's independent registered accounting firm for the fiscal year ending December 31st, 2026.
Thank you, Louis. I declare that all of the proposals presented at the meeting have been ratified or approved by the stockholders. The final results of voting, including any ballots and proxies recorded during this meeting, will be set forth in the report of the Inspector of Election and will be included in the minutes of the meeting. The final results will also be included in our reports filed with the SEC. There being no other matters for consideration at this meeting, I hereby adjourn this meeting.
The conference has now concluded. Thank you for attending today's presentation. You may now disconnect.