Good afternoon, and welcome to the twenty twenty one Sixth Street Specialty Lending, Inc. Stockholders virtual meeting. I would now like to introduce Josh Easterly, chief executive officer and chairman of the board.
Thank you. Hello, ladies and gentlemen. Will the meeting please come to order? I want to welcome all of you to the virtual two thousand twenty one annual meeting of stockholders of Sixth Street Specialty Lending. Due to the ongoing public health impact of COVID nineteen and to support the health and well-being of our company's stakeholders and their families, we will decide to hold this meeting to a virtual only format.
My name is Josh Easterly, Chief Executive Officer and Chairman of the Board of Sixth Street Specialty Lending Inc. I will be presenting presiding at this meeting. Ian Simmons will be acting as secretary of the meeting. Ian Simmons and Jennifer Gordon have been appointed to act as inspectors of election. Maggiaradano and and Kurt Krzywinski represent KPMG LLP are also present.
Agenda and code of conduct are available through the web portal. To conduct an orderly meeting, we ask that participants abide by the rules of conduct by rules and the code of conduct. After the formal meeting has been adjourned, we will provide time for general questions. If you are a validated stockholder and have questions during the meeting, you may submit them in the designated field on the web portal. Out of that consideration of others, please limit yourself to no more than one question.
As stated in the rules of conduct, we ask that you restrict your remarks to items of the agenda as before us. Please note that this meeting is being recorded. However, no one attending via the webcast or telephone is permitted to use any audio recording device. Thank you for your cooperation with these rules. The secretary has delivered an affidavit of mailing establishing a notice of the meeting was fully given.
A copy of the notice of the meeting and the affidavit of mailing will be incorporated into the minutes of this meeting. All stockholders of record at the close of business of 03/31/2021 are entitled to vote at this annual meeting. On the first order of business sorry, our first order of business at this meeting is to determine whether the shares presented at this meeting either in person or by proxy are sufficient to constitute a quorum for the purpose of transacting business. Ian, do have a report?
Yes. The stockholders list shows that holders of shares of 71,969,998 common stock of the company are entitled to vote at this meeting. Jennifer Gordon and I, as inspectors of election, confirm that they are represented in person or by proxy at least 54,341,309 shares of common stock or approximately 75.5% of all of the shares entitled to vote at this meeting.
Thank you. Because holders of majority of the shares entitled to vote at this meeting are present in person or by proxy, I declare this meeting to be duly convened for purposes of transacting such business as may properly come before it. Proposal number one, option of directors. The next orders of business is is a description of the matters to be voted on at today's meeting. The first proposal before the stockholders of the company is election of three directors to each serve as a three year term until his or her successor, Julie Lekken, qualified.
The management and the board of directors of the company recommend the election of Richard Higginbotham, David Steepleman, and Ron Tinamore as directors of the company. The second proposal before the stockholders of the company is for the ratification and selection of the company's independent registered public accounting firm, KPMG LLP, for the fiscal year ending 12/31/2021. The management and the board of directors of the company recommend the ratification of the selection of KPMG LLP as the company's independent registered public accounting firm for the fiscal year ending 12/31/2021. If any stockholder would like to make a comment regarding either of these proposals, please submit your comment through the web portal. Will remain open for one more minute.
Any any stockholder who hasn't voted or wishes to change their vote, you can do so by clicking on the voting button in the web portal and following the instructions there. If you're If you previously voted by proxy, you don't need to vote today unless you wish to change your vote. We now declare the polls for the twenty twenty one TSOX Annual Shareholder Meeting closed. The inspector's election will now count the votes. The secretary please report the results of the voting.
The ballots have been counted and the nominees for election to the Board of Directors have been duly elected. And KPMG LLP has been ratified as the company's independent registered accounting firm for the fiscal year ending 12/31/2021.
Thank you, Ian. And thank you for attending today's meeting. The meeting is adjourned. We will now have a brief question and answer period. We will take stockholders' questions that are being entered today on the web portal or have previously been submitted but only questions that are germane to the meeting will be discussed.
Any questions any questions that we do not get to will be followed up with our investor relations team. Nadia Dono and Kripsyinski at KPMG are also available to answer questions concerning company's financial statements. Now please let us address pre submitted shareholder questions that were not specifically related to proposals. We had a series of questions related to whether the company makes any financial contributions to political parties, candidates or causes including including those that are related to the capital rights this January and recent changes in voting rights? The answer is six years special and the company does not make any financial contributions to political parties, candidates or causes.
Also received questions about whether we've made any consideration for sale of preferred shares in the rights offering. The answer is no. Finally, there was a pre submitted question about would management and the board consider SPACs as direct competitors of BDCs? The answer is we do not view SPACs as a direct competitor for BDC lenders. Although SPACs are a capital raising alternative and at some level capital is fungible And so it can be a, you know, indirect competitor of the BDCs.
I'll pause for a moment for any stockholder questions submitted on the web portal. Luis, is there any questions? Great. I don't don't see any questions. So again, thank you so much.
I think that ends the meeting today. The special meeting will follow at 01:30 Eastern Standard Time. Thank you.
This concludes Sixth Street Specialty Lending's twenty twenty one annual meeting. Concludes Sixth Street Specialty Lending's twenty twenty one annual meeting. Stay tuned for Sixth Street's special meeting of
stockholders.