Afternoon, and Welcome to Recursion Pharmaceuticals' 2026 Annual Meeting of Stockholders. I'm Najat Khan, Chief Executive Officer and President of Recursion, and a member of the Board of Directors. I will preside as Chair of this meeting, which I will now call to order. This meeting is being conducted in a virtual meeting format only via the internet. I'm pleased to welcome you here today on behalf of the Board of Directors. The other members of the Board are Robert Hershberg, Zachary Bogue, Blake Borgeson, Namandjé Bumpus, Zavain Dar, Dean Li, Franziska Michor, and Elaine Sun. Joining me today for management, we have Ben Taylor, our Chief Financial Officer, and Nathan Hatfield, our Chief Legal Officer. Also with us are Megan King of PricewaterhouseCoopers, our independent public accountants, and Chris Woods, a representative of Broadridge Financial Solutions, our Inspector of Elections.
The agenda and rules of conduct for today's meetings are posted on the virtual meeting website. Per the agenda in today's meeting, we will address and vote on the proposals described in the company's proxy statement dated April 30th, 2026. Following the vote, we will announce the preliminary results and adjourn the formal meeting. After we adjourn, as time allows, we will answer appropriate questions from stockholders. Only validated stockholders may ask questions in the designated field on the meeting website. Questions may be submitted at any time during the meeting and prior to the end of the Q&A session. Notice of the meeting.
I'm in possession of an affidavit certifying that notice of this meeting was duly given and that the proxy materials for this meeting were made available on or about April 30th, 2026, to all stockholders of record as of the close of business on April 21st, 2026, which was the record date for this meeting. As of the record date, there were 524,635,943 shares of our Class A common stock and 5,267,334 shares of our Class B common stock outstanding and entitled to vote on each proposal presented at this meeting. A complete list of the stockholders of record as of the record date have been prepared and certified by our registrar and transfer agent and is available for inspection on the meeting website. Quorum.
The Inspector of Election has advised me that we have present in person or by proxy a sufficient number of shares to constitute the quorum necessary to proceed with this meeting. As set forth in the notice of meeting, there are three proposals properly brought before this meeting today. The first proposal is to elect Franziska Michor and myself to the company's Board of Directors as Class II directors, each to hold office for a three-year term expiring in 2029, or until the election and qualification of their successors, or until their earlier death, resignation, or removal. The second proposal is an advisory vote on executive compensation as disclosed in the 2026 proxy statement. The third proposal is a vote on the ratification of the appointment of PricewaterhouseCoopers as our independent registered public accounting firm.
The company's board of directors recommends that you vote in favor of Proposals one, two, and three. Turning to our voting procedures, we may vote today via the meeting website. Please note that if you are logged into the meeting website as a guest, you will not be able to vote during the meeting. If you previously voted via telephone or internet or by returning a proxy card and do not intend to change your vote, it is not necessary to take further action as the vote you already cast will be counted. If you are eligible to vote and have not done so, or if you want to change your vote, you may vote by clicking on the voting button on the meeting website and following the instructions there. Any votes cast today will be counted in the final tally, along with the proxies previously received.
Upon the closing of the polls, no ballots, proxies, votes, or any revocations or changes will be accepted. I will pause at this time to allow stockholders to complete any online voting. It is now 12:03 P.M. Mountain Time. The polls are open for voting. If you'd like to ask a question regarding any of the proposals or voting procedures, please submit your question through the meeting website. I will now pause for a moment to allow everyone who wishes to do so an opportunity to cast their ballots. It is now 12:04 P.M. Mountain Time. Since everyone has had the opportunity to vote, the polls are now closed with respect to each matter to be voted on at this meeting.
Chris Woods, the Inspector of Elections from this annual meeting, has informed me that based upon the proxies received prior to the meeting and subject to final adjustment for any votes made during this meeting, I can report that the Class II directors have been duly elected to the board. The proposal to approve, on an advisory basis, executive compensation as disclosed in the 2026 proxy statement has been approved. The appointment of PricewaterhouseCoopers as our independent registered public accounting firm has also been ratified. Thank you, Mr. Woods. The Inspector of Election will conduct a final count of all votes, and we will announce final results in our current report on Form 8-K to be filed within four business days of this meeting. That concludes the formal business of the meeting. We have not received any questions through the virtual meeting platform.
We will now end the meeting. Thank you for your time and investment in Recursion.
The conference has now concluded. Thank you for attending today's presentation. You may now disconnect.