Greetings. Welcome to the ClearSign Technologies Corporation Annual General Meeting of Stockholders. I will now turn the conference over to our host, Mr. Jim Deller, CEO of ClearSign Technologies Corporation. Please go ahead, sir.
Good afternoon, everyone. I am Jim Deller, Chief Executive Officer and Director of ClearSign Technologies Corporation, and I will be acting as chairperson of today's meeting. On behalf of the directors of the company, I thank you for joining us today for our virtual annual general meeting. With me today is Brent Hinds, our Chief Financial Officer, Corporate Secretary, and Treasurer, who will act as the secretary for today's meeting and will address the business portion of the meeting. Also with us today is our investor relations representative from Firm IR Group, Matthew Selinger. The board has appointed Leah Grant, a representative of Broadridge Financial Solutions, Inc., to tabulate the votes and act as the Inspector of Election. Before I proceed with the meeting, I have a couple of housekeeping items.
We have created an agenda that will govern the order of the business and the rules of conduct for the meeting. Copies of the agenda and the rules are available on the virtual meeting site. The rules of conduct also govern the Q&A session. Now I call the 2026 annual meeting of stockholders to order. At this time, we will open the polls for voting. If you are a stockholder and wish to ask a question, you can submit your question at any time on the virtual meeting website using the Ask a Question button at the bottom left side of your screen. We will address any questions that have been submitted during our Q&A session, which will follow Brent's reading aloud of our proposals. Please note we will either address your questions on the call or provide answers to the questions on our company website.
However, please keep in mind that we will only answer those questions that are germane to the meeting. Most stockholders have already voted by proxy. We have already tallied the proxy votes. For those of you who have not yet voted or who want to change your vote, you may do so by clicking on the voting button on the web portal and following the instructions there. Stockholders who have sent in proxies or voted by telephone or the internet and do not want to change their vote do not need to take any further action. The polls are now open, and we will close in a few minutes following the presentation of matters subject to vote. Brent will now report the notice of the meeting, the proxies received, and present the matters to be voted on. Brent?
Thank you, Jim. Welcome, everyone. I'll walk us through this short quorum meeting. The notice of the meeting and the proxy materials were mailed by Broadridge Financial Solutions beginning on April 28th, 2026. The notice and the proxy materials were mailed to all stockholders of record as of April 13th, 2026. This meeting is being held, therefore, pursuant to proper notice. We have received proxies representing more than 67% of the 5,409,133 shares of ClearSign's common stock that are eligible to vote. This means we have a quorum present, and the meeting is duly constituted and will proceed. Today, we have five proposals for you to consider. Each proposal was described in the company's definitive proxy statement filed with the Securities and Exchange Commission on April 28th, 2026. The first proposal is the election of directors.
Each director will serve until the next annual meeting of the stockholders or their representative successors are duly elected and qualified. The following four people have been properly nominated by the board: Todd G. Silva, Anthony E. Domenico, Louis J. Bassanese, and Dr. Colin James Deller. The board recommends a vote for each of them. The second proposal requests that you approve, on an advisory basis, the appointment of BPM CPA LLP as the company's independent registered public accounting firm for the fiscal year ending December 31st, 2026. The board recommends a vote for this proposal. The third proposal requests that you approve the amended and restated ClearSign Technologies Corporation 2021 Equity Incentive Plan, as more fully described in the company's definitive proxy statement. The board recommends a vote for this proposal.
The fourth proposal requests that you approve, on an advisory basis, the compensation paid to our named executive officers as disclosed in the company's definitive proxy statement. The board recommends a vote for this proposal. The fifth proposal requests that you approve one or more adjournments of the annual general meeting to a later date or dates to solicit additional proxies if there are insufficient votes to approve the amended and restated ClearSign Technologies Corporation 2021 Equity Incentive Plan, or in the absence of the quorum. The board recommends a vote for this proposal. While we allow time for stockholders who haven't already done so to complete their voting, we will address any questions that have been submitted regarding the proposals through the web portal. Please note, Matthew Selinger from Firm IR will read any questions received aloud. I'll now turn the call over to Matthew.
Thank you, Brent. At this time, I'm not seeing any questions.
Great. Thank you, Matthew. Since we have received no questions relating to the proposals being voted on, the discussions of the matters for stockholder consideration is now closed, and the polls are now also closed. I will ask the Inspector of Election to deliver the preliminary voting report for each proposals.
Thank you, Jim. I'll share with you the preliminary voting tabulation. As to the first proposal, all four nominees for election to the board have been duly elected. Proposal 2, the request to approve on an advisory basis, BPM CPA LLP, as the company's independent registered public accounting firm, received more than 88% of the votes cast in favor, therefore, such proposal has been approved. Proposal three, the request to approve the amended and restated ClearSign Technologies Corporation 2021 Equity Incentive Plan, received more than 69% of the votes cast in favor, therefore, such proposal has been approved. Proposal four, the advisory vote on executive compensation, received more than 82% of votes cast in favor, therefore, such proposal has been approved.
Finally, proposal five, the request to approve one or more adjournments of the annual general meeting to a later date or dates to solicit additional proxies if there were insufficient votes to approve the amended and restated ClearSign Technologies Corporation 2021 Equity Incentive Plan, or in the absence of a quorum, received approximately 72% of votes cast in favor, therefore, that proposal has been approved as well. I'd like to turn the meeting back over to Jim Deller.
Thank you, Leah. I now direct that the report of the Inspector as to voting be ordered and annexed to the minutes of this meeting. Please note, we'll report the final results of the voting in a current report on Form 8-K that will be filed with the Securities and Exchange Commission within four business days. There being no further business to come before the meeting, this annual general meeting of stockholders is now adjourned. Operator, that concludes our call.
This concludes today's conference, and you may disconnect at this time. Thank you for your participation, and have a wonderful rest of your day.