Good morning, and welcome to the 2026 Annual Meeting of Stockholders of TransAct Technologies. We do not expect any technical difficulties today. However, in the event we lose audio or webcast connection and we are unable to provide any updates, please wait 10 minutes for resolution. If the difficulties are not resolved, please refer to the investor relations page on the company's website at www.transact-tech.com for updates. If you're experiencing your own technical difficulties during the meeting, please use the help button on your screen. Good morning. I am Haydee Ortiz Olinger, Chair of the Board of TransAct Technologies and Chair of today's meeting. On behalf of the Board of Directors, I want to welcome our shareholders, employees, partners, and guests to TransAct's 30th Annual Meeting of Stockholders. Your continued confidence, engagement, and support are deeply appreciated and remain the foundation of our company's strength and long-term success. Joining me today are my fellow members of the Board, Audrey Dunning, Randall Friedman, Daniel Friedberg, and Emanuel Hilario. We appreciate their leadership, service, and commitment to the company and its shareholders. Over the past year, we have navigated a dynamic business environment marked by both challenges and opportunities. Through it all, our leadership team and employees remain focused on disciplined execution, operational excellence, and creating sustainable value for our shareholders. Before we begin the formal business of the meeting, I would like to thank our employees around the world for their dedication and hard work, and I would also like to recognize our shareholders for the trust you place in this company. At this time, I would like to hand the meeting over to Mr. John Dillon, TransAct's CEO, who will conduct the formal meeting. John? Thank you, Haydee. The meeting today will be in two parts. First will be the formal business meeting, during which we will elect six Directors, ratify the selection of CBIZ CPAs, P.C. as our independent registered public accounting firm for 2026, conduct a non-binding advisory vote on executive compensation, and conduct any other business as may properly come before the meeting. The second part of the meeting will be an informal session during which we will answer questions you may have about the company. As described in the proxy statement for the annual meeting previously distributed and on file with the SEC, you're entitled to participate in and vote at this meeting if you were a stockholder of record as of the close of business on April 1st, 2026, which is the record date for this meeting, or hold a legal proxy for the meeting provided by your bank, broker, or nominee. If you are a stockholder of record or a beneficial owner holding a legal proxy, you may vote and ask questions at this meeting only if logged in to this webcast with the control number on your proxy card or voting instruction form. You may vote at any time while the polls are open by clicking the voting button on your web console. Stockholders may submit questions at any time during this meeting through the Q&A section on your website console that appears on the virtual meeting screen. Stockholder questions are welcome, we do not intend to address questions that are irrelevant to the business of the meeting, relate to personal matters not shared by stockholders generally, or use profanity or other inappropriate or offensive language. A link to the rules of conduct for the meeting is posted in the virtual meeting screen. Before we get started, I'd like to point out any forward-looking statements we make are subject to a number of risks and uncertainties that could cause actual results to differ materially. Those risks are spelled out in detail in our SEC filings, I refer you to them. In attendance today is Katelyn Castonguay from the firm CBIZ, our independent registered public accounting firm. Also present with us today is Steven DeMartino, TransAct's President and Chief Financial Officer, who will act as Secretary and Inspector of the Elections for the meeting. I now call the formal portion of the meeting to order. The Board has appointed Mr. DeMartino as Inspector of Elections for this meeting. He has taken an oath to faithfully administer his duties. I ask that he report to us the number of shares present at this meeting or represented by proxy. There are 7,617,459 shares of common stock of TransAct Technologies Incorporated present at this meeting or represented by proxy, representing more than 50% of the issued and outstanding shares of common stock entitled to vote at this meeting. Each share of common stock is entitled to one vote. Thank you, Steven. I declare that a quorum is present, and the meeting is duly constituted. I have an affidavit executed by Broadridge with respect to the notice of meeting, proxy statement, and 2025 annual report that were mailed or made available on April 13th, 2026, to all stockholders of record on April 1st, 2026, which is the record date for determining holders entitled to vote at this meeting. I also direct that this affidavit and the attached papers be filed with the records of this meeting. I also direct that all executed proxy cards and the oath of the Inspector of Elections and the final report of the Inspector of Elections with respect to the votes taken, including the votes to be cast during this meeting, be filed with the records of this meeting. As of 10:07 A.M. Eastern Time today, May 26, 2026, I declare the polls open. All stockholders entitled to vote have the ability to do so online during the meeting until the polls are closed. To cast your vote by electronic ballot, please click the voting button on your web console. If you have already voted by proxy, there is no need to vote by electronic ballot at this time unless you wish to revoke your proxy or change your vote. The individuals named as your proxies, or any one of them, will vote your shares as instructed in the proxy that you submitted by internet, phone, or mail. The first proposal is election of the Directors. The nominees to the Board of Directors as set forth in the proxy statement are John M. Dillon, Audrey P. Dunning, Daniel M. Friedberg, Randall S. Friedman, Emanuel Hilario, and Haydee Ortiz Olinger, who are nominated to serve on the Board of Directors for a term of one year until the Annual Meeting of Stockholders to be held in the year 2027 and until their successors have been duly elected and qualified. Mr. Dillon's, Ms. Dunning's, Mr. Friedberg's, Mr. Friedman, Mr. Hilario, and Ms. Olinger nominations are now before the meeting. Are there any questions regarding the election of Directors? John, I don't see any questions. Seeing none, we will move on to the second proposal. Section 2.13 of the company's bylaws provides that nominations by stockholders must be made by written notice, which is timely delivered to the Secretary of the company. I don't believe I need to be reading this, I'm going to continue on. The second proposal is to ratify the selection of CBIZ as the company's independent registered public accounting firm for 2026. Are there any questions regarding this proposal, as Ms. Castonguay has indicated that she is available to respond to appropriate questions? I don't see any questions, John. Seeing none, we will move on to the third proposal. The third proposal is to approve on a non-binding advisory basis the compensation of our named executive officers. Are there any questions regarding this proposal? Don't see any questions, John. Seeing none, we will now conclude the voting. The polls are about to close, so if you have not yet voted, please do so. Since everyone has had the opportunity to vote, I now declare the polls closed as of 10:10 A.M. Eastern Time today, May 26, 2026. I now ask the Inspector of Elections to tabulate the preliminary results of the voting on the matters before the meeting based on proxies received prior to the meeting. The Inspector of Elections has delivered the preliminary voting results. Based on this preliminary information, I can report that Mr. Dillon, Ms. Dunning, Mr. Friedberg, Mr. Friedman, Mr. Hilario, Ms. Olinger, have been elected as Directors of the company for a one-year term. The selection of CBIZ as independent registered public accounting firm for 2026 has been ratified, and the non-binding advisory vote to approve the compensation of the company's named executive officers has passed. I now declare that the formal business portion of this meeting may be adjourned so that we may address any questions from stockholders. Now I open the meeting to any questions you might have. If you have a question, please submit it by clicking the Q&A button of your web console that appears on the virtual meeting screen. There appears to be no questions, John. Since there are no questions, the meeting is now concluded. Thank you for attending today. This concludes today's annual meeting. You may now disconnect.
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