Good day. Welcome to the Latch, Inc. annual meeting of stockholders. I would now like to turn the conference over to Jeff Mayfield. Please go ahead. Thank you for joining us today, and welcome to the 2026 annual meeting of stockholders of Latch, Inc. My name is Jeff Mayfield, Chief Financial Officer of Latch. We are holding today's meeting virtually, and I'd like to note that today's remarks may include forward-looking statements. Actual results may differ materially from those indicated by these statements and as a result of various important factors, including those discussed in the Risk Factors section of our Form 10-K, 10-Q, and other reports on file with the Securities and Exchange Commission. Please note that any forward-looking statements made during this meeting represent our views only as of today, and we undertake no obligation thereto. Thank you again for joining us today, and I will now turn the line over to Dave Lillis. Dave? Thanks, Jeff. Good afternoon. I'm Dave Lillis, Chief Executive Officer of Latch and the Chairperson of today's meeting. I'm very happy to welcome you to our 2026 annual meeting of stockholders. Before I call the meeting to order, I'd like to welcome Jeff Mayfield, our Chief Financial Officer, and Priyen Patel, our Chief Legal and Strategy Officer and Corporate Secretary, each of whom are on the line this afternoon. I would also like to welcome the members of our Board of Directors here with us today. Finally, representatives from BDO USA, P.C., the company's independent auditor, are also in attendance and available to respond to appropriate questions via the ask a question function on the annual meeting website. If you are a stockholder, you may submit questions on the virtual stockholder meeting website under ask a question. I'll now call the meeting to order. The polls opened today, June 10, 2026, at 12:00 P.M. Eastern Time for voting on all matters before the meeting. If you have not already voted and wish to vote, the polls will remain open until we finish presenting the proposals and close the polls. You do not need to vote during the meeting if you have already voted and do not wish to change your vote. We will proceed with the formal business of the meeting as indicated in the notice of annual meeting in the company's proxy statement. I'll now turn it over to Priyen Patel, our Chief Legal and Strategy Officer and Corporate Secretary. Priyen? Thanks, Dave. On the virtual meeting webpage, you will find the agenda for today's meeting. You will also find the rules of conduct for today's meeting. Note that only stockholders who are logged into the meeting using their 16-digit control number will be able to vote and submit questions during today's meeting. As Corporate Secretary, I will file the proof of mailing of notice with the records of the meeting. A complete list of holders of record of the outstanding shares of the company's common stock on April 15th, 2026, that are entitled to vote at this meeting is available to stockholders on the virtual meeting webpage. The Board of Directors has appointed me to act as Inspector of Election at today's meeting. I have signed the customary oath of office to execute my duties with strict impartiality. We will file this oath along with the records of the meeting. As Inspector of Election, I confirm that quorum is present. We can now proceed with the formal business of today's meeting. There are three proposals to be considered by the stockholders at today's meeting. The first item of business is the election of six directors to serve as directors of the company for a term of office expiring with respect to each director at the applicable annual meeting of the stockholders as indicated on the company's proxy statement. The company recommends that the stockholders vote "for all" on this proposal. The second item of business is the ratification of the appointment of BDO USA, P.C. as our independent registered public accounting firm for the year ended December 31st, 2026. The company recommends that stockholders vote "for" this proposal. The third and final item of business is the vote on a non-binding advisory basis to approve the compensation of our named executive officers, commonly known as say on pay. The company recommends that the stockholders vote "for" this proposal. If you wish to vote and you haven't already done so, please vote now by clicking on the voting button on the bottom of the annual meeting website and following the instructions. You do not need to vote electronically if you've already sent in your signed proxy or if you voted by telephone or the internet. We will pause for approximately 30 seconds before closing the voting polls. The time is now 12:05 P.M. on June 10th, 2026. The polls are now closed for voting. Based on a preliminary report as Inspector of Election, I confirm the following results. First, all directors nominated for election have been elected. Second, the appointment of BDO USA, P.C. as our independent registered public accounting firm for the year ending December 31st, 2026, has been ratified. Third, our stockholders have recommended on a non-binding advisory basis to approve the compensation of our named executive officers. The final tally votes will be published within four business days in a current report on Form 8-K to be filed with the SEC. Now I'll turn it over to our CEO, Dave Lillis, for Q&A. Dave? Thank you, Priyen. We will now open the floor to questions from our stockholders submitted during the meeting that are within the rules of conduct. Questions will be limited to those pertaining to the business of the annual meeting. Consistent with the rules of conduct, we will not answer any questions related to the company's second quarter results or future performance. Please note that only stockholders who have logged into the meeting using their 16-digit control number are able to submit questions through the ask a question area of the annual meeting website. Priyen, are there any questions that have been submitted? No, there are no questions. The Q&A session is now closed. Dave will now make closing remarks. Thank you, Priyen. The 2026 annual meeting of stockholders of Latch, Incorporated is now formally adjourned. In closing, I want to thank all of our stockholders and everyone on the line today for attending and your continued support of Latch. This concludes our annual meeting. The conference is now concluded. Thank you for attending today's presentation, and you may now disconnect.
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