Ladies and gentlemen, welcome to the 2023 annual meeting of stockholders of Tellurian. I am Octávio Simões, President and CEO of the company, and at the direction of the Chairman of the Board, I'll be presiding over this meeting. If you have not yet received copies of the agenda or rules of conduct, please raise your hand, and copies will be brought to you. Everyone should also have already signed in at the registration desk. If you have not signed in, please do so after receiving copies of the agenda and rules of conduct. First, I'd like to acknowledge the company's directors and officers. The directors are Charif Souki, Martin Houston, Jean Abiteboul, Diana Derycz-Kessler, Dillon Ferguson, Jonathan Gross, Brooke Peterson, and Don Turkleson. On the officers, Charif Souki, Executive Chairman, Simon Oxley, Chief Financial Officer, Daniel Belhumeur, General Counsel, Khaled Sharafeldin, Chief Accounting Officer, Meredith Mouer, Deputy General Counsel and Corporate Secretary, and John Swagger, President. Ms. Mouer will act as secretary and timekeeper of the meeting. Mary Hesston, representing American Election Services, has been appointed to act as inspector of elections during the event. At this time, I call the meeting to order. You should now all have a copy of the rules of conduct for this meeting. In order to conduct an orderly meeting, we ask that participants follow these rules. As stated in the rules of conduct, stockholders should not address the meeting until recognized. Should you desire to ask a question or speak during the meeting, please raise your hand. After being recognized, please identify yourself and your status as a stockholder or proxy holder, then state your point or ask your question. As stated in the rules of conduct, please limit your remarks to corporate business and make them no longer than 2 minutes. As noted in the notice of meeting and proxy statement previously given to you, the record date for voting at this meeting was the close of business on April 24th, 2023. A list of stockholders on the record date is available for your review. The secretary has delivered an affidavit of mailing to show that notice of this meeting was given. A copy of both the notice and the affidavit will be incorporated into the minutes. The inspector of the election will now report on the existence of a quorum for the meeting. Thank you, Chairman. Holders of 563,808,897 shares of common stock of the company, and 6,816,782 shares of the converted preferred stock of the company are here today with the meeting. There are represented in person or by proxy at least 289,208,297 shares of common and preferred shares, whether as the first time or approximately 60.49% of all shares in public today with the union. Thank you. Based upon the percentage of the total shares of the company held by holders of records now present at the meeting, either in person or by proxy, a quorum is present. This meeting is now duly convened for the purposes of transacting business properly before us. The next order of business is a description of matters properly brought before this meeting. The first item of business today is the election of directors. Three directors are to be elected today. The election of each director nominee will require the affirmative vote of the holders of a majority of the votes cast in respect to such election. Directors elected today will hold office until the 2026 annual meeting of stockholders, and his or her successor is duly elected and qualified. The nominees are Jean Abiteboul, Diana Derycz-Kessler, and Dillon Ferguson. The board of directors recommend the election of each of the nominees. Our bylaws require advance notice of stockholder nominations of director candidates, no such nominations were received before the date required, there will be no other nominations at the meeting. Discussion and voting will commence after all proposals have been presented, we will now move to proposal number 2. The second item of business described in the proxy statement for the meeting, is the ratification of the appointment of Deloitte & Touche LLP as the independent registered public accounting firm of the company for the fiscal year ending December 31st, 2023. The approval of proposal 2 will require the affirmative vote of the holders of a majority of the votes cast with respect to such proposal. The board of directors recommends the ratification of the appointment of Deloitte & Touche LLP as the independent registered public accounting firm of the company. We'll now move to proposal three. The third item of business described in the proxy statement for the meeting is the approval and adoption of an amended and restated certificate of incorporation of the company, to increase the number of authorized shares of Tellurian common stock from 800 million to 1.6 billion, and to make certain material revisions. The approval of proposal three will require the affirmative vote of the holders of a majority and voting power of the outstanding shares of Tellurian common stock and preferred stock, voting together as a single class, and the holders of a majority of the outstanding shares of Tellurian common stock, voting as a separate class. The board of directors recommends the approval and adoption of the amended and restated certificate of incorporation of the company, to increase the number of authorized shares of Tellurian common stock from $800 million to $1.6 billion, and to make certain immaterial revisions. We will now move to proposal four. The fourth item of business described in the proxy statement for the meeting is the approval on an non-binding advisory basis of the compensation of the company's named executive officers, as disclosed in the proxy statement. The approval of proposal four will require the affirmative vote of the holders of a majority of the votes cast on the matter. The board of directors recommends the approval on an non-binding advisory basis, the compensation of the company's named executive officers. We will now move to proposal five. The fifth item of business described in the proxy statement for the meeting is the approval on a non-binding advisory basis of the frequency with which stockholders will have an opportunity to provide an advisory vote with respect to the compensation of the company's named executive officers. The approval of Proposal five will require the affirmative vote of the holders of a majority of the votes cast on the matter. Because Proposal five has three possible substantive responses, every three years, every two years, or every one year, if none of the frequency alternatives receives the affirmative vote of the holders of a majority of the votes cast, then we will consider stockholders to have approved the frequency selected by the holders of a plurality of the votes cast. The board of directors recommends the approval on a non-binding advisory basis of a vote on executive compensation every one year. Our bylaws require advanced notice of stockholder proposals, and no such proposals were received before the date required, so there will be no other matters presented at the meeting. Does anyone have any questions concerning any of the proposals? Seeing no hands up, we will now move on to voting. If you have already provided your proxy cards, your shares will be voted accordingly. If you are currently holding a proxy card, please turn it in to the inspector of the election. If you have provided your proxy, you do not need to fill out a ballot unless you want to change your vote. The voting will proceed after I declare that the polls are open, and you will be given time to complete and submit your ballots. If you desire a ballot, please raise your hand to do so and indicate. One will be brought to you. Seeing none. The time is 8:37 A.M. I declare the polls now open for each matter to be voted on today, June seventh, 2023. If you have not already done so, please provide your proxy ballot to the inspector of election. Seeing no movement, I declare the polls now closed at 8:38 A.M. today, June 7th, 2023, and ask that the inspector of election collect and tabulate the ballots. Will the inspector please report on the results of the vote? Yes, the ballots have been tabulated and the results of the voting are as follows. With respect to Proposal 1, each of the 3 persons whose name is printed on the ballot has been duly elected to serve as a director until the 2026 annual meeting of stockholders, and the approval of the persons listed is duly elected and qualified. With respect to Proposal 2, the ratification of the appointment of the Deloitte & Touche LLP has passed. With respect to Proposal 3, the amendment I made today to the corporate incorporation of the company has been approved and adopted. With respect to Proposal 4, the compensation of the company's named executive officers has been approved on a non-binding advisory basis. With respect to Proposal 5, the proposal on executive compensation every 1 year has been approved on a non-binding advisory basis. Thank you. I now declare the formal business meeting to be officially adjourned at 8:39 A.M., and we'll now proceed with the informal portion of the meeting. I will now open the floor to questions. Please remember to follow the rules of conduct, especially regarding the time limit. If you would like to be recognized, please raise your hand, state your name, indicate whether you are a stockholder or a proxy of a stockholder, and then proceed with your question.
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