Welcome to the 2026 annual meeting of stockholders for CECO Environmental Corp. Our host for today's call is Jason DeZwirek, Chairman of the Board of Directors. I will now turn the call over to your host. Mr. DeZwirek, you may begin. Thank you and good morning. It is now 8:00 A.M. Central Time, and the 2026 meeting of stockholders of CECO Environmental Corp. is called to order. I am Jason DeZwirek, chairman of the board of directors for the company, and I will be presiding at this meeting. Let me take this opportunity to welcome you all to our 2026 annual meeting. The meeting is being webcast live. Stockholders attending this virtual meeting will be afforded the same rights and opportunities to participate as they would at an in-person meeting. We will answer questions from stockholders pertinent to the meeting at the end of the meeting. Stockholders may submit questions at any time during this meeting in the space provided on the virtual meeting screen. As a reminder, all questions must comply with our rules of conduct and procedures, which are available on the virtual shareholder meeting website for your reference. Out of consideration for others, please limit yourself to one question. We may not be able to answer every question, but we will do our best to respond to as many as possible. Any questions that we cannot answer during the meeting due to time constraints will be posted and answered on our investor relations website after the meeting. No one attending the meeting is permitted to record the meeting. I would like to introduce to you the other directors and members of management of the company who are with us today. Todd Gleason, Chief Executive Officer and Director. Peter Johansson, Chief Financial Officer. Robert Nolan, Director. Claudio Mannarino, Director. Munish Nanda, Director. Valerie Sachs, Director. Laurie Siegel, Director. Richard Wallman, Director. I appoint Alyson Richter, who is the company's General Counsel and Corporate Secretary, to act as secretary of the meeting to record the proceedings. The board has appointed Kiril Kovachev, who is the company's chief accounting officer, and Alyson Richter, who is the company's general counsel and corporate secretary, as the inspectors of election for this meeting to resolve any issues relating to the shares to be voted or the proxy cards, to count the votes, and to certify the vote on each of the proposals. Kiril and Alyson have an affidavit of mailing and a list prepared by our transfer agent of all stockholders entitled to vote at this meeting and the number of shares held by each stockholder of record. The polls are now open. Any stockholder who has not yet voted or wishes to change their vote may do so by clicking on the voting button on the website and following the instructions there. No further action is necessary for stockholders who have sent in proxies or already voted, unless you wish to revoke or change your vote. After voting has been completed on all matters, we will close the polls, and the inspectors of election will provide the preliminary report. Our first order of business at this meeting is to determine whether the shares represented at the meeting, either in person or by proxy, are sufficient to constitute a quorum for the purpose of transacting business. This meeting is being held pursuant to a notice made available to stockholders on April 23rd, 2026. I have the following information from Kiril Kovachev and Alyson Richter regarding the number of shares to be voted today. Represented at the meeting by proxy are at least 33,328,446 shares, which is 92.9% of the total number of shares outstanding and entitled to vote. Because holders of a majority of the shares outstanding and entitled to vote at this meeting are present in person or by proxy, a quorum is present. Therefore, this meeting is lawfully convened, and we may proceed with the business to be considered as set forth in the notice of the meeting and the joint proxy statement and prospectus. The next order of business is a description of the matters to be voted on at today's meeting. The notice of this meeting and the joint proxy statement and prospectus note six items of business to be voted upon. The first item is a vote to approve the issuance of shares of common stock of the company in connection with the transactions contemplated by the agreement and plan of merger, dated as of February 23rd, 2026, by and among the company, Longhorn Merger Sub, Inc., Longhorn Merger Sub LLC, and Thermon Group Holdings, Inc. The board recommends stockholders vote for the approval of the issuance of the shares in connection with the proposed transaction. The second item is a vote to approve the adjournment of the annual meeting to a later date or dates, if necessary or appropriate, to permit further solicitation of proxies with respect to the proposal to approve the issuance of shares of common stock of the company in connection with the proposed transaction. The third item is the election of eight directors for terms to expire at the 2027 annual meeting of stockholders and until their successors are duly elected and qualified. The board's nominees for election to the board are Jason DeZwirek, Todd Gleason, Robert Nolan, Claudio A. Mannarino, Munish Nanda, Valerie Gentile Sachs, Laurie A. Siegel, and Richard F. Wallman. Information regarding all the nominees is contained in the joint proxy statement and prospectus. The board recommends stockholders vote for each nominee. The fourth item is a vote to approve, on an advisory basis, the compensation of our named executive officers. The board recommends stockholders vote for the approval of the compensation of our named executive officers. The fifth item is a vote to approve the CECO Environmental Corp. 2026 Equity and Incentive Compensation Plan. The board recommends stockholders vote for the approval of the Equity and Incentive Compensation Plan. The sixth item is the ratification by the stockholders of the appointment of Deloitte & Touche LLP as the company's independent registered public accounting firm for the fiscal year ending December 31st, 2026. As set forth in the joint proxy statement and prospectus, the board of directors, based on the recommendation of the audit committee, has ratified the appointment of Deloitte & Touche LLP as the company's independent registered public accounting firm for 2026. The board recommends the stockholders ratify this appointment. We have received proxies from our stockholders authorizing us to vote shares on the items of business for this meeting, and we have voted these shares accordingly. As a reminder, any stockholder who has not yet voted or wishes to change their vote may do so by clicking on the voting button on the website and following the instructions there. If you previously voted, you do not need to do anything unless you wish to change your vote. Are there any questions on any of the proposals? Seeing none, we'll move on. It is now 8:07 A.M. Central Time. Now that everyone has had the opportunity to vote, I hereby declare the polls closed. Kiril Kovachev and Alyson Richter, as inspectors of election, do you have preliminary voting results on the six proposals? Yes. I have been informed by the inspectors of election that the preliminary vote report shows that the issuance of shares of the company's common stock in connection with the proposed transaction has been approved, that the adjournment proposal is moot, that Jason DeZwirek, Todd Gleason, Robert Nolan, Claudio Mannarino, Munish Nanda, Valerie Sachs, Laurie A. Siegel, and Richard Wallman have been duly elected as directors of the company. That the company's named executive officer compensation has been approved on an advisory basis, and that the CECO Environmental Corp. 2026 Equity and Incentive Compensation Plan has been approved, and the appointment of Deloitte & Touche LLP as the company's independent registered public accounting firm for 2026 has been duly ratified. We will be reporting the final results in a Form 8-K to be filed with the SEC within four business days of this meeting. The certificate and report of the inspection of election, which contains the vote totals, will be filed with the minutes of this meeting in the company's minute book. That concludes the formal business on the agenda. I will now entertain a motion that this meeting be adjourned. I move that the meeting be adjourned. I second the motion. All in favor say aye. Aye. Aye. All opposed say no. The meeting is hereby adjourned. We will now open the floor for questions. We have not received any questions that would be of general interest to stockholders. Thank you all very much for attending the annual CECO stockholder meeting, which is now concluded. Have a great day. This concludes today's meeting. Thank you for attending. You may now disconnect and have a wonderful rest of your day.
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