Welcome to the Terrestrial Energy Inc 2026 annual meeting of stockholders. Our host for today's call is Simon Irish, Chief Executive Officer and member of the board of directors. At this time, all participants will be in a listen-only mode. I would now like to turn the call over to your host, Mr. Irish. You may begin.
Good morning, and welcome to the annual meeting of the stockholders of Terrestrial Energy. We're very pleased to have each of you in attendance today. I now call this meeting to order. Steve Millsap, our General Counsel, Chief Compliance Officer, and Secretary, will act as secretary for today's meeting. Brian Thrasher, our Chief Financial Officer, and Tyler Gronbach, our VP of Investor Relations and Public Relations, is also present to assist with responding to questions raised by stockholders at the meeting. Tony Carideo, a representative of Broadridge, has been appointed to act as the meeting's inspector of election. Chris King and Scott Norris, representatives of UHY LLP, the company's independent registered public accounting firm, is present at the meeting by webcast. During the question and answer period, we will be available to answer questions concerning their role.
We're pleased to hold our annual meeting virtually to increase access and participation. Stockholders may submit questions at any time during this meeting in the space provided on the virtual meeting screen and may vote any time until polls are closed. The board of directors set April the 20th, 2026, as the record date for this stockholders meeting. The notice of meeting and internet availability of proxy materials were mailed by Broadridge Corporation beginning April 29th, 2026. In order to determine whether a quorum is present for the purpose of transacting business, does the voting inspector have a preliminary report of the common stock represented at the meeting?
Yes, I do. A partial count of the shares of capital stock represented at the meeting in person or by proxy shows that the holders of a majority of the voting power of the shares of capital stock issued and outstanding and entitled to vote at the annual meeting is present by means of remote communication or represented by proxy.
In view of the report of the voting inspector, I declare a quorum present and the meeting ready for the transaction of business. As set forth in the notice of meeting and the proxy material, this meeting, for the purpose of considering and acting upon the following matters: election of three directors to serve as Class I directors for three-year terms expiring at the 2029 annual meeting of stockholders, and ratification of the appointment of UHY LLP as the company's independent registered public accounting firm for the fiscal year ending December 30th, 2026. Each item of business on the agenda will be presented for discussion. I declare the polls for voting to be open as of this time. All stockholders entitled to vote at this meeting may do so online.
If you are a stockholder entitled to vote at this meeting and have not yet voted, or if you want to change your previously cast vote, please do so via the website used to access this meeting. Please remember that if you have already voted by proxy, it is not necessary to vote again. All shares presented by proxy will be voted as specified in the form of the proxy. Shares represented by proxy where no vote is specified will be voted in accordance with the recommendation of the board of directors. I will now present each of the two proposals on today's agenda. If you have questions regarding any of the proposals, please submit them during this time by following the instructions on the webcast. First item of business is the election of directors.
The board of directors has nominated the following persons to serve as Class I directors of the company: Frederick Buckman, William Johnson, and Hugh MacDiarmid. The board of directors recommends a vote for each nominee. The second matter being submitted to stockholders for action is the ratification of the appointment of UHY LLP as the company's independent registered public accounting firm for 2026. The board of directors recommends a vote for this proposal. There are no additional matters on the agenda to be voted upon. We will now briefly pause to allow any final questions regarding the proposals to be submitted. We will now respond to questions related to the proposals that have been submitted. Tyler, please review the questions.
Simon, there are no questions for review at this time.
Thank you. This completes the presentation of proposals to be voted on at this meeting. Before closing the polls, we will now pause for 60 seconds to allow stockholders a final opportunity to vote. Any votes cast today will be counted in the final tally, along with the proxies previously received. Since everyone has now had the opportunity to vote, I declare the polls closed for the matters voted upon at this meeting as of this time. I now call on the secretary of the meeting to report the preliminary results of the voting.
Based on the preliminary report provided by our vote tabulator, three nominees for election as a Class I Director have been elected for three-year terms, and the stockholders have ratified the appointment of UHY LLP as the company's independent registered and public accounting firm for 2026.
The formal business of the meeting has been completed. The meeting is now adjourned. We appreciate your attendance at today's meeting. Thank you, and have a great day.
This now concludes the Terrestrial Energy Inc. 2026 annual meeting of stockholders. Thank you for attending, and have a pleasant day