Good day everyone, welcome to the Franklin BSP Capital Corporation special meeting. Now I'll turn the call over to your host, Richard Byrne. Please go ahead. Thank you. Good morning, everyone. I am Richard Byrne. I'm Chief Executive Officer and Chairman of the Board of Directors of Franklin BSP Capital Corporation. As a presiding officer, I hereby call to order and welcome you to our 2026 annual meeting of stockholders of Franklin BSP Capital Corporation. At this time, I would like to introduce Ms. Edvina Lila, Secretary of the company, who will lead us through today's meeting. Over to you, Edvina. Thank you, Rich. Good morning, everyone. A copy of the company's proxy statement, its annual report on Form 10-K for the fiscal year ended December 31st, 2025, and its quarterly report on Form 10-Q for the three months ended March 31st, 2026, are all available on our website. The three proposals for today's annual meeting are as follows. First, to elect Ronald J. Kramer and Leslie D. Michelson as Class III directors, each to serve until the 2029 annual meeting of stockholders and until their successors are duly elected and qualified, to be voted upon by the holders of the outstanding shares of the company's common stock and preferred stock, voting together as a single class. Second, to authorize the company, with the approval of the board, to sell or otherwise issue up to 25% of the company's outstanding common stock at an offering price that is below the company's then current NAV per share. Third, to consider and act on such matters as may properly come before the annual meeting and any adjournment thereof. The notice of annual meeting of stockholders has been provided to all stockholders entitled to vote at this meeting. I have here an affidavit, sworn and duly signed, stating that the notice has been provided to each stockholder as required by the company's bylaws. A copy of both the notice and the affidavit will be incorporated into the minutes of the annual meeting. Resolutions were adopted by the board fixing April 7th, 2026, as the record date for determining persons entitled to notice of, and to vote at this annual meeting. The company has appointed Chris Woods, a representative of American Election Services, LLC to act as the Inspector of Election. A copy of the inspector's oath of office will be filed with and made a part of the minutes of the meeting. Chris, will you please provide your report of the number of shares present virtually by proxy or by attorney at this meeting so that we can determine whether a quorum is present? There are 136,059,286 shares of common stock and 77,500 shares of preferred stock entitled to vote as of the April 7, 2026, record date. The Proxy Committee, which is composed of Richard Byrne and Nina Baryski, is acting as proxy and representative of the holders of record of 71,138,307 votes of the common and preferred stock of the company, and therefore, there are at least 71,138,307 votes of common and preferred stock present at the virtual meeting by proxy or by attorney, and accordingly, a quorum is present. Thank you, Chris. On the basis of my report as the secretary of this meeting and the report of the Inspector of Election, since proper notice has been given and a quorum is present, this meeting will proceed. Since no stockholder nominations or proposals were filed with the company's corporate secretary in connection with this meeting, the business of this meeting is limited to the election of Mr. Kramer and Mr. Michelson as Class III director and the below NAV proposal. The polls for voting on all matters are hereby opened at this time, 10:05 A.M., June 23rd, 2026. If you wish to vote at this meeting, please follow the instructions on your computer screen. The polls will be closing shortly. If you would like to cast a vote at the meeting, please do so now. The polls are now, at 10:05 A.M. on June 23rd, 2026, closed. The Inspector of Elections has informed us that the ballots have been tabulated and that the election of Messrs. Kramer and Michelson as Class III directors has been approved. We received 64,555,182 votes for, 2,968,714 votes against, and 3,614,411 votes that abstained from the election of Mr. Kramer as the Class III director. We received 64,924,831 votes for, 2,711,604 votes against, and 3,501,872 votes that abstained from the election of Mr. Michelson as the Class III director. On the basis of the reports provided by the Inspector of Election and the secretary of the annual meeting, I declare that Mr. Kramer and Michelson have been duly elected as Class III directors, each to serve until the 2029 annual meeting of stockholders and until their successors are duly elected and qualified. The report of the Inspector of Election, which contains the final vote totals for the election of Mr. Kramer and Michelson, will be filed with the minutes of the meeting in the company's minute book. The Inspector of Election has informed us that the ballots have been tabulated and the below NAV proposal has been approved. We received 54,279,222 votes for, 12,839,743 votes against, and 4,019,342 votes that abstained from the below NAV proposal. Excluding affiliated shareholders of the company, we received 53,917,256 votes for, 12,839,743 votes against, and 4,019,342 votes that abstained from the below NAV proposal. The report of the Inspector of Elections, which contains the final vote totals, will be filed with the minutes of this meeting in the company's minute book. On the basis of the report provided by the Inspector of Election and the secretary of the annual meeting, I declare that the below NAV proposal has been accepted by the stockholders of the company. There being no further official business, I declare that the annual meeting of stockholders of Franklin BSP Capital Corporation is hereby adjourned. Again, I will be available to talk with you and to answer any questions you may have immediately following the meeting. Thank you. That concludes our meeting today. You may now disconnect.