Good morning, and welcome to the Cipher Digital meeting. I will now turn the line over to Tyler Page. Mr. Page?
Thank you. Good morning, welcome to Cipher Digital Inc's 2026 annual meeting of stockholders. I am Tyler Page, Chief Executive Officer and Director of the company. I want to thank you for investing in Cipher Digital and taking the time to join this annual meeting of stockholders. The meeting will now officially come to order. I am pleased to introduce the other members of the Board of Directors of the company. In addition to me, Cipher's Directors are Jim Newsome, Tom Duda, Robert Flatley, Cary Grossman, Caitlin Long, Holly Morrow Evans, and Bo Williams. I am also pleased to introduce the other Executive Officers of the company who are with us today. With me on the line today are Greg Mumford, Chief Financial Officer, and Will Iwaschuk, Co-President, Chief Legal Officer, and Corporate Secretary.
I would also like to introduce Daniel McIntosh and [Sergei Usati] from the company's independent registered public accounting firm, CBIZ CPAs P.C. Members of the management team and the representatives from CBIZ will be available during our question and answer session of the annual meeting to answer any specific questions you may have. I will now turn the line over to Cipher's Co-President, Chief Legal Officer, and Corporate Secretary, Will Iwaschuk. Will?
Thank you, Tyler. We will now proceed with the formal business of the meeting as set forth in the notice of annual meeting and proxy statements, followed by a question and answer session. The polls opened today, June 2, 2026, at 8:00 A.M. Eastern Time for voting on all matters before the meeting. If you have not already voted and wish to vote, the polls will remain open until we finish presenting the proposals and close the polls. You do not need to vote during the meeting if you have already voted and do not wish to change your vote. This meeting is being held in accordance with the notice mailed on or about April 20, 2026, to each stockholder of record at the close of business on April 8, 2026.
As Cipher's Corporate Secretary, I will file the proof of mailing of notice of the meeting with the records of the meeting. The agenda for this meeting and rules of conduct are available on the web portal. The Board of Directors has appointed Richard Leza of the Carideo Group to serve as Inspector of Elections. The oath as Inspector has been filed with the Office of the Corporate Secretary. Mr. Leza has signed the customary oath of office to execute his duties with strict impartiality. We will file this oath with the records of the meeting. The Inspector has informed me that 66% of the voting power of the outstanding shares of the company's common stock entitled to vote is present in person or by proxy at this annual meeting. Therefore, I hereby declare a quorum is present, and this meeting is duly constituted for the transaction of business.
It is now time to proceed with the items of business properly before today's annual meeting. There are three proposals to be considered by the stockholders at this meeting. The first item of business is the election of Thomas Duda, James Newsome, and Wesley Williams to serve as Class II Directors of the company, each for a three-year term expiring at the annual meeting of stockholders to be held in 2029. The company recommends that the stockholders vote for this proposal. The second item of business is the ratification of the appointment of CBIZ CPAs P.C. as the company's independent registered public accounting firm for the year ending December 31, 2026. Company recommends that the stockholders vote for this proposal. The third item of business is the approval on a non-binding advisory basis of the compensation of the company's named Executive Officers.
The company recommends that the stockholders vote for this proposal. The company has not received any other proposals or nominations for Director. We will now pause for a moment to address any questions. Please note that we will only be answering questions that are within the parameters of the rules of conduct, and only stockholders who have logged into the meeting using their 16-digit control number are able to submit a question through the question area of the web portal. Seeing no such questions, we will continue on to voting. If you wish to vote and you haven't done so already, please vote now by clicking on the voting button on the web portal and following the instructions. You do not need to vote electronically if you've already sent in your signed proxy or if you've already voted by telephone or internet.
We will pause for approximately 30 seconds before closing the voting polls. The time is now 8:06 A.M. Eastern Time on June 2, 2026, and the polls are now closed for voting. I have received the preliminary report of the Inspector of Election to be kept with the company's records of the annual meeting. Based on this preliminary report of the Inspector of Election, one, Thomas Duda, James Newsome, and Wesley Williams have been elected as Directors. Two, the appointment of CBIZ CPAs P.C. as the company's independent registered public accounting firm for the year ending December 31, 2026, has been ratified.
Three, the compensation of the company's named Executive Officers has been approved on a non-binding advisory basis. The final tally of the votes will be filed with the Securities and Exchange Commission within four business days. If there's no further business, the business portion of the meeting is now adjourned. Tyler, please proceed if you have any closing remarks.
Before we conclude, on behalf of the Board, I want to acknowledge Holly Morrow Evans and express our appreciation to her for her years of service to the board. With that, ladies and gentlemen, this concludes our 2026 annual meeting. I want to thank you for attending and for your interest in the affairs of Cipher Digital.
Thank you all for joining. You may now disconnect.