For Pagaya Technologies Ltd. Our host for today's call is Avi Zeevi. I will now turn the call over to your host. Mr. Zeevi, you may begin, sir.
Thank you. Good day to everyone, and welcome to the annual meeting of the shareholders of Pagaya Technologies Limited. I am Avi Zeevi, Chairman of the Board of Directors of Pagaya. Joining me today are Gal Krubiner, Pagaya's Chief Executive Officer, Eric Watson, Pagaya's Chief Legal Officer, and Aaron Lampert of Goldfarb Gross Seligman & Company , Pagaya's Israeli counsel. For the technical aspects of the meeting and to lead us through the various agenda items, I will now turn it over to Aaron.
Thank you, Mr. Chairman. I now ask Eric to determine the number of shares that are represented at this meeting, either via proxy or via any shareholders present at the meeting, and whether we have a quorum to proceed with the business of the meeting.
We have present at today's meeting or represented by proxy shareholders totaling at least 40,135,098 Class A ordinary shares and shareholders holding at least 11,288,577 Class B ordinary shares, representing approximately 82% of the voting power of the company, which constitutes a quorum for the conduct of today's business. In addition, we have present at today's meeting or represented by proxy at least one shareholder holding Class B ordinary shares, which is also required to constitute a quorum. Therefore, a quorum is present, and we can proceed with the business of the meeting.
Thank you, Eric. Today's meeting is being held pursuant to the notice and proxy statement dated July 6th, 2026, which was sent to the company's shareholders of record as of June 26th, 2026, the record date for this meeting. We have an agenda planned for today's meeting, and we will first complete the official business of the shareholders meeting. Shareholders who log in to the virtual meeting website with their control number will be able to submit questions in writing via the Ask a Question box located at the bottom of the webpage.
We will address procedural questions that relate directly to the proposals being put forth during the meeting. Other appropriate questions will be addressed in writing and posted on our website following the meeting. I will now lead everyone through the various agenda items. In presenting these agenda items, I will be using certain defined terms which are defined in the notice and proxy statement. The polls are now open for shareholders who wish to cast their votes during the meeting.
Shareholders who log in to the virtual meeting website with their control number may vote during the meeting by following the instructions on the virtual meeting website. Proposal one. The first item on the agenda is the reelection of Gal Krubiner, Avital Pardo, Yahav Yulzari, Avi Zeevi, Alison Davis, Harvey Golub, Asheet Mehta, Dan Petrozzo, and Tami Rosen, and the election of Jason Gardner to serve as directors until the next annual meeting of shareholders and until his or her successor has been duly elected and qualified or until his or her office is vacated. Proposal two.
The second item on the agenda is the approval of the reappointment of our independent registered public accounting firm, Kost Forer Gabbay & Kasierer , a member of Ernst & Young Global, and the authorization of the Audit and Finance Committee of the board to fix such firms remuneration. Proposal three. The third item on the agenda is the approval on an advisory, non-binding basis of the 2025 compensation of our named executive officers, also known as say on pay. Proposal four.
The fourth item on the agenda is the approval of the calculation framework for 2026 bonuses for our Chief Executive Officer and for our other management directors. Proposal five. The fifth item on the agenda is the ratification of prior compensation actions for our Chief Executive Officer, our other management directors, and for Tami Rosen. Proposal six. The sixth item on the agenda is the approval of the compensation of our Chief Executive Officer and our other management directors for the years 2027- 2029. Proposal seven.
The seventh item on the agenda is the approval of certain changes to the cash compensation of our non-employee directors. That was the final proposal on the agenda. As a reminder, the polls are open for shareholders who wish to cast their votes during the meeting. Josh, were any procedural questions received?
No questions were received.
Thank you. With that, the polls are now closed. Mr. Chairman, I will now report the preliminary results of the vote. Based on the proxies received by the company prior to the meeting and the shares voted at the meeting, I am pleased to report that all of the proposals on the agenda have been approved by the shareholders. We will report the final results of the vote on a Form 8-K filed with the U.S. Securities and Exchange Commission within four business days of today. Mr. Chairman.
Thank you, Aaron.
I return the meeting to you.
Thank you, Aaron. As Aaron indicated at the outset, any appropriate questions that we receive during the meeting from our shareholders will be addressed in writing and posted on our website following the meeting. This concludes the meeting, and the annual meeting of the shareholders of Pagaya Technologies Ltd. is hereby adjourned. Thank you very much to our shareholders for joining us today.
The meeting has now concluded. Thank you for joining, and have a pleasant day.