Morning and welcome to the 2026 Annual Meeting of the stockholders of Expensify, Inc. I am Cole Eason, the Chief Compliance Officer and Secretary of the company. I will be acting as Secretary of today's meeting. Joining me today is David Barrett, Founder and CEO of the company and member of our Board of Directors. David will be the Chairperson of this meeting. Before I turn the meeting over to David, I would like to remind you that some of the comments made during this annual meeting and some of the responses to your questions may contain forward-looking statements. These statements are subject to the risks and uncertainties described in the company's earnings releases and filings with the SEC.
Thank you, Cole. I will now call the meeting to order. At this time, I'd like to introduce the other Directors and executive officers of the company who are also present virtually today. Ryan Schaffer, Chief Financial Officer, Jason Mills, Director and Chief Product Officer, Daniel Vidal, Director and Chief Strategy Officer, Carlos Alvarez, Director, Timothy L. Christen, Director, Ellen Pao, Director. Jen Strong, Nancy Diamond, and Caitlin Skrdla, representatives from KPMG, our independent auditors, are also present today. During the question- and- answer period at the end of the meeting, they'll be available to answer questions. We will conduct the business portion of our meeting first.
The business portion of the meeting will include a discussion of the rules of conduct to govern our meeting, a few housekeeping items, and confirmation that we have quorum for the meeting, a discussion of the matters to be voted upon, and the formal voting process. Once the voting process is concluded, the official portion of the meeting will be adjourned, and we will have a question- and- answer session where you can ask questions of the Board and management. I will now turn the meeting over to Cole to take us through the business portion.
Thank you, David. The rules of conduct for the meeting have been posted to the virtual meeting website. We ask you kindly abide by the guidelines so we may have an orderly meeting. Today's meeting is being held pursuant to a notice included in the company's proxy statement, since the Expensify stockholders on or about April 10th, 2026. The proof of mailing of this notice will be filed with the minutes of this meeting. The company has appointed Cheryl Niebling of Broadridge as Inspector of Election for the meeting and any adjournment or postponement of this meeting. She has signed an oath to act, this oath will be filed with the minutes of the meeting. The Inspector of the Election has previously advised that the majority of the total outstanding shares are represented here today.
The report of the Inspector of Election regarding the presence of a quorum at the meeting and her oath of office will be filed with the minutes of today's meeting. As we have a quorum, this meeting is duly constituted for the transaction of business, and we may now carry forward the official business of the meeting. The Inspector of Election has completed a list of the holders of record of the outstanding shares of the company's Class A, LT10, and LT50 common stock on the close of business of March 27th, 2026, the record date for this meeting, which will also be filed with the records of the company. I will now cover the matters to be considered by stockholders at the meeting. There are four matters to be considered by the stockholders at the meeting.
The time is 1:03 Eastern Time on May 22nd, 2026, and the polls are now open for voting on all matters. First item of business is the election of eight directors of the company, each of whom is listed in the proxy statement sent and made available to you earlier. Directors elected today will hold office until the 2027 annual meeting of the stockholders and until their successors are elected and qualified. In accordance with the advance notice provision in the bylaws of the company, stockholders are required to provide advance notice of their intent to nominate candidates for directors. No such notice was received. The second item is the approval to ratify the appointment of KPMG LLP as the company's independent registered public accounting agent firm for the fiscal year ending December 31st, 2026.
The third item is a proposal to approve, on an advisory basis, the compensation of the company's named executive officers. The fourth and final item is a proposal to approve and adopt amendments to the company's amended and restated certificate of incorporation to effect, one, a reverse stock split, and two, a corresponding decrease in authorized shares. Because no further business is on the agenda to come before this meeting, we will move on to voting. Any stockholder who has not yet voted or wishes to change their vote should do so now by clicking the vote here button on the web portal and following the instructions provided. Stockholders who have sent in proxies or voted by telephone or internet who do not wish to change their vote do not need to take any further action. We will pause for one minute to allow stockholders to submit their votes.
I declare the polls now closed at 1:05 P.M. Eastern Time today, March 22nd, 2026, and ask the Inspector of Election collect and tabulate the ballots. The Inspector of Election has informed us that the ballots have been tabulated, and based on preliminary results, I am able to announce that each of David Barrett, Ryan Schaffer, Jason Mills, Daniel Vidal, Carlos Alvarez, Timothy L. Christen, Vivian Liu, Ellen Pao, has been duly elected as a director of the company to serve until the 2027 annual meeting of stockholders and until their successors are elected and qualified. Stockholders have ratified the appointment of KPMG as the company's independent registered public accounting firm for the fiscal year 2026. Stockholders have approved the compensation of the company's named executive officers.
Stockholders have approved and adopted amendments, the company's amended and restated certificate of incorporation to effect, one, a reverse stock split, and two, a corresponding decrease in authorized shares. We will report the final results, which include any votes properly submitted at today's meeting within four business days in the filing with the SEC on Form 8-K. I hereby request that the final report of the Inspector of Election to be filed with the minutes of this meeting. As there is no further business, the official portion of this meeting is now adjourned. We will begin with a question- and- answer session. For those of you participating via web portal, you can submit a question by typing in a question in the ask a question field on your screen and clicking submit. Please remember to follow the rules of conduct.
In accordance with the rules of conduct of the meeting, we ask that you limit yourself to one question. Looks like there are no questions. Mr. Chairperson, this concludes our question- and- answer session.
Thank you, Cole, and thank you to all of our stockholders for attending. The 2026 annual meeting is now concluded. You may now disconnect.
That concludes our meeting today. Thank you for joining.