Good morning, ladies and gentlemen. I'm Tim Johnson, Chief Executive Officer and Chair of the Board of Directors of Blackstone Mortgage Trust. On behalf of the company, I want to welcome you and thank you for attending our annual meeting. I'm joined today by other members of our management team, members of our board, representatives from Deloitte & Touche, our independent registered public accounting firm, a representative of American Election Services, LLC, the inspector of election for this meeting, and Simpson Thacher & Bartlett, our legal counsel. I will act as chair of this meeting. Scott Mathias, our Chief Compliance Officer and Secretary, will act as secretary of this meeting. Christopher Woods, a representative of American Election Services, LLC, will act as the inspector of election for this meeting. This meeting is now called to order.
The agenda setting forth the proposals for consideration and the meeting's rules of conduct are each available on the virtual meeting page. Three proposals will be voted on today. We will address any germane questions before closing the polls for each proposal. Once the polls are closed, we will provide the preliminary voting results based on a report from the inspector of election and will then adjourn the meeting. I will then answer any appropriate questions from stockholders during the time allotted. Representatives from Deloitte, Abraham Yusuf, and Chris Saputo are also available to answer appropriate questions. To submit a question, type it into the box at the bottom of the page and submit. As indicated in the proxy statement, we are here today regarding the following proposals. Proposal 1, the election of directors.
Proposal 2, the ratification of the appointment of the company's independent registered public accounting firm. Proposal 3, to consider a non-binding advisory vote on the compensation paid to our named executive officers. The polls for each matter opened at 9:00 A.M. and will remain open until I announce that the polls are closed. No votes will be accepted after the polls close. After the report on the tabulation of the voting, I will announce the preliminary voting results of the proposals. The board of directors has fixed the close of business on April 13th, 2026 as the record date for the determination of stockholders entitled to receive notice of and to vote at this meeting. The proxy materials were made available to stockholders on April 29th, 2026.
Broadridge Financial Solutions has provided an affidavit of distribution certifying to the timely notice of meeting and mailing of the proxy statement to stockholders of record as of the record date. The presence in person or by proxy of stockholders entitled to cast a majority of all the votes entitled to be cast at this meeting constitut es a quorum to transact business on all matters to be considered at this meeting. Each share of common stock is entitled to one vote. Based on confirmation from the inspector of election, I hereby declare that a quorum exists. The election of each of the nine nominees pursuant to Proposal 1 requires a plurality of the votes cast at this meeting. The approval of each of Proposals 2 and 3 requires a majority of the votes cast at this meeting.
If you have already given your proxy to vote your shares, you need not vote during the meeting since the persons designated as proxies will vote for you as indicated in the proxy cards. If you haven't authorized your vote or if you want to change your vote, you may do so now online by following the instructions on the website. Are there any questions on the proposals? Please be mindful of the meeting rules. At this time, no questions have been submitted. We will now proceed with the voting. If you wish to vote, please do so now. The polls are now closed. This concludes the business items on the agenda for this annual meeting. As the chair of the meeting, I recognize the votes on the proposals represented by the proxies solicited by the board of directors.
The votes will now be tabulated, after which we will announce the results of the voting. The inspector of election has informed me that each of the nine nominees for election as director has received the requisite affirmative vote for election and that each of proposals two and three has received the requisite affirmative approvals to pass. I hereby declare that each of the nominees listed in proposal one has been elected as a director of the company, that the appointment of Deloitte & Touche as set forth in proposal two has been ratified, and that the executive compensation of named executive officers as set forth in proposal three has been approved. That concludes the formal business of the meeting. I will now entertain questions from stockholders.
The representatives from Deloitte introduced earlier are also available to answer appropriate questions from stockholders. Please be mindful of the meeting rules. I want to thank you for attending today's meeting. There's no further business to come before the meeting. It is adjourned.
This now concludes the meeting. Thank you for joining, and have a pleasant day.