Good morning. I'm Jerry Sweeney, President and CEO of Brandywine Realty Trust, and I would like to welcome you all to our 2026 annual shareholders meeting. It is 10:00 A.M., and in accordance with the notice of the meeting, I hereby call to order the annual meeting. At this time, it's my pleasure to introduce our Chairman of the Board, Jim Diggs. Thank you, Jerry. On behalf of our board of trustees and our management team, we appreciate your continued interest in and support of our company. Before proceeding, I would like to introduce our trustees, all of whom are present. Myself, Reggie DesRoches, Rich Haverstick, Joan Lau, Charles Pizzi, and Jerry Sweeney. Thank you, Jim. Allow me to introduce those of our officers who are also present. We have Tom Wirth, our Executive Vice President and Chief Financial Officer, Dan Palazzo, our Senior Vice President and Chief Accounting Officer, and Shawn Neuman, our Senior Vice President, General Counsel, and our Corporate Secretary. At this time, and at the request of our Chairman, I hereby appoint Shawn Neuman as Secretary of the meeting, and hereby appoint Michael Barbera from Broadridge as our Inspector of Elections. His duty will be to count the votes taken on the business transacted during the meeting. He is not an officer, trustee, or otherwise employed by Brandywine Realty Trust. Mr. Neuman will now report on matters relating to the delivery of notice for the meeting and the determination of a quorum for the meeting. Thanks, Jerry. As Secretary of the meeting, I hereby confirm the proper mailing of the notice of the meeting. As of the record date for the meeting, March 26th, 2026, there were 173,711,848 common shares of the company outstanding, each share being entitled to cast one vote. Represented at this meeting via attendance by live webcast or by proxy are a total of approximately 142,600,766 common shares entitled to vote at this meeting. This represents a quorum for transacting business at this meeting, and I declare this meeting is properly and legally convened. We will now proceed to the business of this meeting, which, as described in the proxy statement, is to consider and vote upon, one, the election of six trustees to serve as members of the board of trustees until the next annual meeting of shareholders, and until their successors are elected and qualified. Two, the ratification of the appointment of PricewaterhouseCoopers, LLP as our independent registered public accounting firm for calendar year 2026. Three, providing an advisory non-binding vote on our executive compensation. Four, approval of an amendment to the company's 2023 Long-Term Incentive Plan to increase the term of the plan and the number of common shares that may be issued thereunder. The trustees have unanimously recommended that the shareholders vote for each of the foregoing proposals. At this juncture, we will now commence the procedures necessary to transact our stated business. Thank you, Shawn. I've asked Tom Wirth, a shareholder of Brandywine Realty Trust, to present the proposals. Thanks, Jerry. My name is Tom Wirth. I am a shareholder of Brandywine Realty Trust. I hereby move that the shareholders vote for each of the above proposals and as set forth in the 2026 proxy statement and described earlier by Mr. Neuman. Is there a second to the motion? I am Daniel Palazzo. I'm a shareholder of Brandywine Realty Trust. I second that motion. Great. Thank you both very much. If you have not yet voted your shares, you may do so now by following the instructions in the proxy materials prepared for this meeting. After the report of the Inspector of Elections, we'll address any shareholder questions. Has the Inspector of Elections submitted the results of the voting on the proposals as contained in the company's proxy statement? Yes, the Inspector of Elections has completed the count, and the results are that each of the four proposals has passed. Thank you, Mr. Neuman. I declare that each of the nominees for trustee has been elected, the appointment of PricewaterhouseCoopers has been ratified, the advisory vote on the company's executive compensation has been approved, and the amendment to the company's 2023 long-term incentive plan has also been approved. This concludes the official business of the meeting. At this point, I'd be pleased to address any questions. I've asked Dan Palazzo to moderate any Q&A sessions. Jerry, there are no questions at this point. Mr. Palazzo, thank you. There being no questions, I'd like to take this opportunity to thank each of you for attending our virtual annual meeting. Since there is no other business, I hereby declare this meeting concluded. Thank you very much.
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