Morning, and welcome to the 2026 annual meeting of PAR Technology Corporation's shareholders. I am James Stoffel, Chairperson of the Board of Directors of PAR Technology Corporation, and I will be presiding as chairperson of this meeting. It is 10:00 A.M., and I call the annual meeting to order. I'd like to introduce Chris Byrnes, the company's Senior Vice President, Investor Relations and Business Development, to provide you with information about the annual meeting process and to conduct the business of the meeting. Thank you, James. Before turning to the procedural matters, I'd like to introduce the members of the Board at today's meeting. In addition to James Stoffel, Chairperson of the Board of Directors and of this meeting, we are joined by Directors Savneet Singh, who is also our Chief Executive Officer and President, Linda Crawford, Cynthia Russo, Keith Pascal, and Narinder Singh. Also in attendance this morning are Bryan Menar, the company's Chief Financial Officer, representatives from Deloitte & Touche LLP, they will be available during the question and answer session after the meeting to respond to appropriate questions, and Cathy King, the company's Corporate Secretary and Chief Legal Officer. The Board of Directors has appointed Ms. King to act as Inspector of Elections, and she has previously taken her oath to serve in such capacity. Ms. King will also act as Secretary of this meeting. We'll now begin by attending to the formal business of the meeting. Following that, we will hold a question and answer session. Our board of directors fixed April 8, 2026 as the record date for determining shareholders entitled to notice and to vote at this meeting. If you have previously voted by proxy and do not wish to change your vote, your vote will be cast as you previously instructed and no further action is required. We are in receipt of an affidavit of distribution establishing that either, one, a notice of the internet availability of the notice of this meeting, the proxy statement, and the annual report on Form 10-K for the fiscal year ended December 31st, 2025, or two, the documents themselves were mailed on or about April 16th, 2026 to all shareholders of record as of the record date, and a copy of the notice of the meeting together with the affidavit will be incorporated into the minutes of this meeting. As of the record date, there were 41,246,199 shares of our common stock outstanding and entitled to vote at this meeting. The Inspector of Elections has confirmed that there are more than a majority of those shares represented in person or by proxy at this meeting. Since the presence at this meeting of at least a majority of our common stock outstanding and entitled to vote on April 8th, 2026 constitutes a quorum, the business of this meeting can proceed. There are four items of business before the meeting today. The election of seven directors to serve until the 2027 annual meeting of shareholders and until their successors are elected and qualified. The director nominees are Linda M. Crawford, Keith E. Pascal, Douglas G. Rauch, Cynthia A. Russo, Narinder Singh, Savneet Singh, and James C. Stoffel. Second, the approval of the Second Amended and Restated PAR Technology Corporation 2015 Equity Incentive Plan. Three, a non-binding advisory vote to approve the compensation of the company's named executive officers. This is the say on pay vote. Finally, ratification of the appointment of Deloitte & Touche as the company's independent registered public accounting firm for its fiscal year ending December 31st, 2026. Because these are the only items to be properly brought before this meeting and no further business is on the agenda, we will now move to voting. It is now 10:04 A.M. Eastern Time on May 29th, 2026, and the polls are now open. Shareholders who have sent proxies or voted via internet or telephone prior to the meeting and do not want to change their vote do not need to take any further action. Shareholders of record as of April 8th, 2026, attending the meeting can vote their shares online from now through the closing of the polls by clicking on the voting button on the web portal and following the instructions there. If you are a beneficial owner of shares registered in the name of a broker, bank, or other nominee and your voting instruction form or notice directs that you may vote your shares via the virtual meeting website, you may also do so now until the closing of the polls. We will now wait a few moments to allow you to conclude your voting. As a reminder, if you have previously voted and do not wish to change your vote, your vote will be cast as you previously instructed and no further action is required. I declare the polls now closed at 10:08 Eastern Time today, May 29th, 2026. Cathy King, our Corporate Secretary and the Inspector of Elections, will report the preliminary results of the shareholder votes. Thank you, James. The seven director nominees have been elected. The Second Amended and Restated PAR Technology Corporation 2015 Equity Incentive Plan has been approved. The compensation of the company's named executive officers has been approved. The appointment of Deloitte & Touche as the company's independent registered public accounting firm for the 2026 fiscal year has been ratified. The final voting results will be reported in our report on Form 8-K, to be filed with the Securities and Exchange Commission within four days of this meeting, and any report of the inspector of elections which will be contained in the company's corporate records with the minutes of the meeting. Thank you for attending today's meeting. The meeting is now adjourned. We will now have a brief question and answer period. Though we may not be able to answer every question, we will do our best to provide a response to as many as possible. We may ignore any questions that we believe are not relevant to the business of the meeting. As there are no questions in the Q&A portal, we now conclude this meeting. Thank you and have a nice day. The meeting has now concluded. Thank you for joining, and have a pleasant day.
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