Thank you for standing by. My name is Tina, and I will be your conference operator today. At this time, I would like to welcome everyone to the Turtle Beach Corporation's virtual 2026 Annual Meeting of Stockholders. All lines have been placed on mute to prevent any background noise. It is now my pleasure to turn the call over to Cris Keirn, CEO. Please go ahead.
Good morning, welcome to the 2026 Annual Meeting of Stockholders of Turtle Beach Corporation. My name is Cris Keirn, Chief Executive Officer and member of the Board of Directors, and I will be presiding over this 2026 annual meeting. We appreciate your attendance, your interest, and most importantly, your support of Turtle Beach. We are excited to be hosting our 2026 Annual Meeting of Stockholders in a virtual format, which allows us to be more inclusive and reach a greater number of stockholders. I would like to introduce you to Ms. Megan Wynne, our General Counsel and Secretary, who joins the meeting with me at our San Diego headquarters. Ms. Wynne will serve as Secretary of this meeting.
With us today by live webcast from our independent registered public accounting firm, Ernst & Young LLP, is Billy Meager and Mr. James Alden from American Election Services LLC, who will serve as our Inspector of Election and vote tabulator for this meeting. I would like to introduce the other members of Turtle Beach's Board of Directors, Libby Bush, Lee Haspel, Daniela Kelley, Katherine Scherping, Julia Sze, Andrew Wolfe, and William Wyatt, the Chairman of the Board of Directors. Before we begin, I would like to encourage you to review our rules of conduct, which can be found on the virtual meeting platform, and provide the following brief guidelines for an orderly virtual meeting. If you wish to ask any questions, please submit your question or remark in the Ask a Question field provided in the web portal.
Please give your name and state whether you are an individual stockholder, proxy holder, or a representative of an organization holding shares. We also ask that stockholder questions or remarks be appropriate and germane to the meeting and pertinent to matters brought properly before the meeting. Out of consideration for others, stockholders will be limited to one question each. The agenda for today's meeting includes voting on three proposals. After the formal meeting has been adjourned, we will provide time for general questions. It is now shortly after 9:00 A.M. Pacific Time on Tuesday, June 2nd, the 2026 Annual Meeting of Stockholders is called to order. We will begin the formal proceedings of today's meeting.
This meeting has been called pursuant to the proxy materials mailed on or about April 21st, 2026 to all stockholders of record as of the close of business on April 10th, 2026. Pursuant to the authorization by the board of directors of the company, Mr. James Alden of American Election Services, LLC has been appointed to act as Inspector of Election for this meeting and any adjournment or postponement thereof to conduct a vote with respect to the election of directors and the other matters properly brought before this meeting. I have before me the oath of the Inspector of Election, which will be kept with the records of the company.
Now I would like to call upon the secretary to report on notice to stockholders and the list of stockholders.
I have before me an affidavit of mailing establishing that notice of this meeting was duly given to the stockholders entitled to vote at the annual meeting. In addition, I hereby confirm that the company's Proxy Statement, the Form of Proxy, and the Notice of Annual Meeting of Stockholders, including the Notice of Internet Availability of Proxy Materials, were filed with the Securities and Exchange Commission on April 21st, 2026, and the distribution of these materials, as applicable, and the company's annual report for the fiscal year ended December 31, 2025, including any amendments thereto, began on that date.
I have a complete list of the holders of record of the company's common stock at the close of business on April 10, 2026, the record date established by the board of directors for this annual meeting, as prepared and certified by Equiniti Trust Company, the company's transfer agent, which indicates the address of each stockholder and the number of shares registered in the name of each stockholder. Such list is available for examination by any authenticated stockholder by clicking the link on the meeting web portal.
I direct that the Notice of the Annual Meeting of Stockholders, the Proxy Statement, together with the Form of Proxy, the Annual Report, and the affidavit of mailing be filed with the records of the company. Now I would like to call upon the secretary of the meeting to report as to the existence of a quorum.
Under our amended bylaws, the presence in person or by proxy duly authorized of the holder or holders of not less than 50% of the outstanding shares of stock entitled to vote shall constitute a quorum for the transaction of business. The Inspector has advised me that a quorum is present.
I declare that we have a quorum and the annual meeting is duly convened and competent with the transaction of business. The polls are open. In order to simplify the vote tabulation, we ask that any stockholders who plan to vote online during this meeting and have not already done so or who wish to change their votes to follow the instructions on the meeting website now. The polls will remain open for each proposal we discuss in this annual meeting until the polls are formally declared closed. Ms. Wynne, were there any stockholder nominations or proposals for business for this meeting properly filed with you as Secretary of the meeting?
No. None were filed with me.
Thank you. Because no stockholder nominations or proposals were properly filed in advance of this meeting, the business of this meeting is limited to the matters on the agenda. Now, I will present the matters to be voted upon. The first order of business is Proposal 1, the election of directors. Ms. Wynne, will you read the names of those listed in the Proxy Statement as nominees for election as members of the Board of Directors of the Company?
The following individuals are listed in the Proxy Statement as nominees for election as directors of the company to serve until the 2027 annual stockholders meeting. William Wyatt, Libby Bush, Lee Haspel, Cris Keirn, Daniela Kelley, and Julia Sze. Information concerning their principal occupations, experience and qualifications, and other matters which may be of interest are contained in the Proxy Statement. The board recommends that stockholders vote for the election of each director nominee.
The remaining orders of business are Proposal 2, the ratification of the appointment of Ernst & Young LLP as the company's independent registered public accounting firm for the fiscal year ending December 31st, 2026. Proposal 3, the advisory vote on the compensation of the named executive officers for the fiscal year 2025. The board recommends that stockholders vote for the ratification of the appointment of Ernst & Young LLP and for the approval of the compensation paid to the company's named executive officers.
Each item has been properly brought before this meeting. Any stockholder who has yet to vote or who wishes to change their vote may do so by clicking on the Vote Here button on the meeting website and following the instructions there. Stockholders who have mailed in proxies or who have voted previously by telephone or internet do not need to take any further action at this time. I will now pause here to allow stockholders to vote. Now that all stockholders have had the opportunity to vote, I declare the polls for this meeting closed as of 9:09 A.M. Pacific Time.
Mr. Alden, will you please proceed to tabulate the results of the voting on Proposals one through three and deliver the preliminary voting results to the secretary of the meeting? Ms. Wynne, will you please give us the preliminary results of the vote tabulation?
Mr. Keirn, we have been informed by the Inspector of Elections that the preliminary vote report indicates that, one, each of the director nominees have received a majority of the votes cast. Two, the holders of a majority of the votes cast voted to ratify the appointment of Ernst & Young LLP on an advisory basis. Three, the holders of a majority of the votes cast voted to approve the compensation paid to the company's named executive officers for fiscal year 2025 on an advisory basis. These voting results are preliminary. The final voting results will be reported on a current report on Form 8-K that the company will file with the Securities and Exchange Commission.
Thank you. The report of the Inspector of Election as presented is accepted, and I direct that the certificate of the Inspector of Election, when received, to be filed with the records of the company. There being no further business to come before the meeting, the 2026 annual meeting of stockholders of Turtle Beach Corporation is now adjourned. Now, we would like to open discussion of stockholder questions that have been entered today on the web portal. We expect to answer as many questions as time allows, but only questions that are appropriate and germane to the meeting will be addressed. With no further questions, that concludes the annual meeting. Thank you all very much for attending.
Thank you again for joining us today. This does conclude today's conference call. You may now disconnect.