Annual General Meeting Transcript - BNL 2026-04-30

Speaker 1

Good afternoon and welcome to the Broadstone Net Lease 2026 Annual Meeting of Stockholders. Thank you for joining us today and for your support of Broadstone Net Lease. My name is John Marana and I serve as B&L's Chief Executive Officer. This morning we held our first quarter 2026 earnings conference call. Given the recency of this call, we will only cover official annual meeting business during this meeting. If you would like to listen to a replay of this morning's earnings call, please visit our website at broadstone.com and click through to the Investors section to access the replay of the call and other quarterly materials. You have the opportunity to ask questions about meeting matters that will be addressed during the Q&A portion at the end of the meeting. To submit a question, please use the Q&A module in the meeting portal. John Callen, our SVP General Counsel and Corporate Secretary, and I, as well as representatives from Deloitte & Touche, will be available to respond to questions pertinent to meeting matters during the Q&A portion. I will now hand the call over to John Callen, who will handle the official business of our meeting.

John D. Callan, General Counsel

Thank you, John. This 2026 annual meeting of stockholders or Broadstone net lease is now called to order. This meeting is being held pursuant to a notice of annual meeting that was made available to stockholders on or about March 20th, 2026. We have three items of official business. First, the election of nine directors for the ensuing year. Second, the approval in a non-binding advisory vote of the compensation of our named executive officers. And third, the ratification of the appointment of Deloitte & Touche LLP as the company's independent registered public accounting firm for the year ending December 31st, 2026. Of the total number of shares entitled to vote at this meeting as of the record date of March 2nd, 2026, more than 50% of those shares are present in person or by proxy, and therefore a quorum is present, and the official business may commence, and we have officially opened the polls. Polls will be closed immediately after we've read and presented the proposals. If there is anyone who wishes to vote now electronically who has not already done so, please follow the on-screen instructions you use to enter this meeting portal. First item of business is the election of our directors for the ensuing year. The following individuals serve as our nominees. Lori Hawks, John Marana, Michael Koch, Jessica Duran, Laura Felice, Richard Imperial, David Jacob Stein, Joseph Sapphire, and Dr. Jim Waters. Additional information regarding each of the nominees has been more fully set forth in the company's notice of annual meeting and proxy statement in the section entitled Proposal Number 1, Election of Directors. The second item of business is a non-binding say on pay a vote approving on an advisory basis the compensation of the company's named executive officers. Additional information regarding this item of business has been more fully set forth in the company's notice of annual meeting and proxy statement in the section entitled proposal number two, say on pay. The third item of business is the ratification of the appointment of Deloitte & Touche as the company's auditor for fiscal 2026. Additional information regarding this item of business has been more fully set forth in the company's notice of annual meeting and proxy statement in the section entitled proposal number three, ratification of the appointment of independent registered public accounting firm. The holders of the proxies submitted by stockholders have voted all the shares represented by such proxies as follows, in favor of each of the nominees for director, approving on an advisory basis the compensation of the company's named executive officers, and ratifying Deloitte's appointment, or as otherwise expressly indicated on such proxies where stockholders elected to vote against a proposal or abstain i now declare the polls officially closed based on the preliminary results of the votes which were tabulated and confirmed by donnelly financial solutions and median communications i'm happy to report that all items of business have passed with the required percentage of shares congratulations to all of our nominees the formal business of broadstone net leases 2026 annual meeting is complete and the official portion of our meeting is hereby

Speaker 1

adjourned. There's no questions have been submitted. This concludes the Broadstone Net

John D. Callan, General Counsel

Lease 2026 annual meeting of stockholders. Thank you for joining us today and for your support Broadstone Net Lease.