Good afternoon and welcome to the Krystal Biotech 2026 Annual Meeting of Stockholders. I'm Krish, Chairman and CEO. Before I call the meeting to order, I'd like to introduce the other members of the team who are present today. The other officers are Kate Romano, our Chief Accounting Officer, and John Thomas, our General Counsel and Corporate Secretary, will serve as secretary and keep the minutes of the meeting. If you'd like to submit a question, please submit your question in the field provided in the web portal during the meeting. Please include your name when you submit your question. We'll address questions about the proposals before the polls close. Following the formal business portion of our meeting, we'll hold a brief Q&A session. The meeting will now officially come to order.
Will the secretary please report at this time with respect to the mailing of the notice of the meeting and the stockholder list?
Thanks, Krish. I have at this meeting a complete list of stockholders of record as of March 23rd, 2026, the record date for this meeting. I also have with me an affidavit of distribution of Broadridge, our proxy tabulator, certifying that the 2026 annual meeting materials were deposited in the United States Mail to all holders of record of common stock commencing on April 3rd, 2026. The following materials are available at www.proxyvote.com, and the company's website is a copy of the notice of this meeting, the proxy statement, and the company's 2025 annual report. These materials will be preserved with the corporate records of the company.
I'm appointing Ms. Romano to act as Inspector of Election at this meeting. She has subscribed to the customary oath of office to execute her duties with strict impartiality. Her function is to decide upon the qualification of voters who wish to cast their vote at the meeting, accept their vote, and when balloting on all matters is completed, to tally the final votes.
Ms. Romano has confirmed that a quorum of the holders of common stock is in attendance, virtually or represented by proxy, we will move ahead with the business at hand. Any stockholders in attendance today who have previously cast their vote for the matters to be voted on at this meeting do not need to vote today. Your shares will be voted in accordance with your instructions. Stockholders who have not previously cast their vote for the matters to be voted on at this meeting and wish to vote should cast their votes through the virtual meeting platform by use of the voting button on the web portal and following the instructions. Stockholders may vote until a final call for votes is made.
We'll now proceed with the formal business of the meeting. There are four proposals to be considered by stockholders at this meeting.
The first item of business today is the election of two directors to serve until the annual meeting of stockholders to be held in 2029 or until their successor is duly elected and qualified. The nominees for directors are Krish Krishnan and Christopher Mason. The second item of business today is the ratification of selection of KPMG LLP as Krystal Biotech's independent registered public accounting firm for the fiscal year ending December 31st, 2026. The third item of business today is to approve the 2025 compensation of the company's named executive officers as disclosed in the proxy statement. This proposal is a non-binding stockholder advisory vote. The last item of business today is to approve the non-employee director compensation policy. That was the final proposal for today's meeting. It is 4:04 P.M. Eastern Time on May 15, 2026, and the polls are now open.
Voting is by proxy or election ballot at this meeting. You do not need to vote if you've already cast your vote and do not want to change your vote. If there is any stockholder who has not previously voted and wishes to vote or wishes to revote their previously submitted vote, please vote now by clicking on the voting button on the web portal and following the instructions. This is the final call for votes, and the polls will close shortly.
Now that everyone has had the opportunity to vote, I declare the polls for the 2026 annual stockholder meeting closed. May we have the preliminary results of the voting.
The report of the Inspector of Election covering the proposals presented at this meeting is as follows. Both nominees for election as a class three director, Krish Krishnan and Christopher Mason, have been duly elected. The selection of KPMG LLP as Krystal's independent registered public accounting firm for the fiscal year ending December 31, 2026, is ratified. The compensation of the company's named executive officers, as disclosed in the proxy statement pursuant to the compensation disclosure rules of the SEC, has been approved. The non-employee director compensation policy has been approved. We will report the final voting results in a Form 8-K to be filed with the SEC within four business days.
Thanks, John. This concludes today's meeting. Is there any opposition to adjournment? Great. This meeting is adjourned. I now open the meeting for a few questions.