Good morning, everyone, and welcome to Interactive Brokers' 2026 annual meeting of shareholders. I am Nancy Stuebe, Director of Investor Relations. On the call with me are Thomas Peterffy, our Founder and Chairman; Earl Nemser, Vice Chairman and Director; Milan Galik, our President, Chief Executive Officer, and Director; and Paul Brody, Chief Financial Officer, Treasurer, and Secretary, and Director.
In addition, we have with us today Lawrence Harris, Lead Independent Director and Chairman of the Audit Committee; Director William Peterffy; Director Nicole Yuen; Director Jill Bright; Director Richard Repetto; and Director Lori Conkling. June Nicholas and Alina Macchia are on as representatives of our independent registered public accounting firm, Deloitte & Touche, whom we have retained for our 2026 financial statement audit, subject to shareholder approval. Also on is Tony Corridore of Broadridge, whom the board of directors appointed to act as Inspector of Elections.
After the formal portion of the meeting has concluded, if you have a question to ask, please enter it in the Ask a Question box on the Virtual Annual Meeting page. Your question will then be read aloud. I'd like to remind you that some of the statements made at this meeting may be considered forward-looking. Interactive Brokers cautions investors that results of future operations may differ from those anticipated.
We urge you to review the cautionary statements and other information contained in the company's filings with the SEC, including our annual report on Form 10-K for fiscal year 2025, which identifies certain factors that could cause actual results to differ, possibly materially, from those projected in any forward-looking statements made during this meeting. Copies of the 10-K and other filings are available through the company or online. Now, Paul Brody, who will act as Secretary of the meeting, will formally open the meeting and review the proposals. Those who wish to vote may do so on the annual meeting page by clicking on the Vote Here button. Paul?
Thank you, Nancy. Good morning, everyone. Now we will discuss and vote on the matters described in the proxy statement. We will vote on four proposals, the election of 10 directors, the ratification of the appointment of Deloitte & Touche as Interactive Brokers' independent registered public accounting firm for the fiscal year ending December 31st, 2026, an advisory vote on executive compensation, and an amendment to extend the term of the company's 2007 Stock Incentive Plan for a 10-year period. Interactive Brokers shareholders, as of February 24, 2026, the date of record, were sent notice of the annual meeting on or about March 11th, 2026, along with a proxy statement. The notice of annual meeting also stated the date, time, and meeting purpose, along with the web address for participating in today's virtual meeting.
There are present by proxy a sufficient number of voting shares of the company to constitute a quorum. Accordingly, this meeting is duly called to order. A copy of the notice, proxy statement, and the form of proxies, as well as an affidavit of distribution of Broadridge Financial Solutions, shall be made a part of the record of this meeting. At this time, any shareholders who are logged in and who have not already submitted a proxy and wish to vote their shares may do so now by clicking on the Vote Here button on your screen. At this point, the polls are closed, and I will now report the preliminary results of voting. There are four proposals to be considered during this meeting, all of which were described in detail in the proxy statement furnished to shareholders. The first item of business is the election of directors.
Based on the recommendation of the Nominating and Corporate Governance Committee of the board, the 10 individuals whose names appear in the proxy statement have been nominated for election as directors of the company. If elected, each of the nominees will serve until the 2027 annual meeting of stockholders. I'm pleased to report that each of the directors has received an affirmative vote of the majority of the shares voted, and all are hereby elected. The second proposal concerns the ratification of Deloitte & Touche to serve as Interactive Brokers' independent registered public accounting firm for the company's 2026 fiscal year. Shareholders voting by proxy, which consists of a majority of the shares represented at this meeting, have voted in favor of this proposal. Consequently, the proposal has been approved.
Third proposal concerns an advisory vote to approve on an advisory non-binding basis the compensation of our executive officers as disclosed in this proxy statement in accordance with SEC rules. Shareholders voting by proxy, which consists of a majority of the shares represented at this meeting, have voted in favor of this proposal. Consequently, the proposal has been approved.
The fourth proposal concerns an amendment to our 2007 Stock Incentive Plan to extend its term for a 10-year period through April 24th, 2037. Shareholders voting by proxy, which consists of a majority of the shares represented at this meeting, have voted in favor of this proposal. Consequently, the proposal has been approved. The final tabulation of these votes will appear in our required Form 8-K to be filed with the Securities and Exchange Commission. I will now turn it back to Nancy.
This concludes the formal portion of our 2026 annual shareholders meeting. We do not have any questions. Thank you for attending. This concludes our meeting. Thank you for your continuing support of the company.
The meeting has now concluded. Thank you for joining, and have a pleasant day.