Annual General Meeting Transcript - GOOD 2026-05-07

Speaker 2

Good morning.

Catherine Gerkis, Head of Investor Relations

Welcome to the annual stockholders meeting of Gladstone Commercial Corporation for the year ended December 31, 2025. I'm Catherine Gerkus, Director of Investor Relations and ESG. With me is the following representative of the company, Eric Helmold, our co-general counsel and co-secretary. Mr. Helmold will act as secretary of this meeting.

Speaker 2

The meeting will now officially come to order. We will proceed with the business of the meeting as set forth in your notice of annual meeting and proxy statement will the secretary mr. Helmold please report the mailing of the notice of the meeting and the stockholders list we have in our possession a complete list of the holders of record of the company's common stock has the close of business on March 13th 2026 the record date for this meeting I also have an affidavit certified that on March 20th 2026 a notice of the annual meeting of stockholders of the company was mailed to all stockholders of record at the the close of business on March 13th, 2026. Michael Kelsey and myself have each been appointed as the inspectors of election at this meeting. Broadridge has tabulated the votes and the inspectors and their staff have been in close contact with representatives from Broadridge to get the vote tally. The inspectors have also taken and inscribed to the customary oath of office to impartially execute their duties. The oaths will be filed with the records of this meeting. The inspectors function is to decide upon the qualifications of the voters, accept their votes and at the end of ballading, tally the final votes. The inspectors of election have informed the company that proxies have been received for 35,004,032 shares of the 48,406,993 shares of common stock outstanding as of the close of business on the record date, which represents approximately 72.31% of the total number of outstanding shares. This constitutes a quorum for the meeting today, and we may now carry out the official business of the meeting. If there are any additional proxies to be submitted, please vote your shares through the portal at this time.

Catherine Gerkis, Head of Investor Relations

We will now proceed with the business of this meeting. There are two matters scheduled for a vote at this meeting. The matters are the election of two directors to hold office until the 2029 Annual Meeting of Stockholders and until their successors are duly elected and qualified, and the ratification of the audit committee selection of PricewaterhouseCoopers LLP as our independent registered public accounting firm for our fiscal year ending December 31, 2026.

Speaker 2

The time is now 11.02 on May 7, 2026, and the polls have been open for voting by computer for some time now and are still open. The polls will be closed for voting after we go through these matters. The first item of business is the election of two directors to serve until the 2029 annual meeting and until their successors are duly elected and qualified the nominees whose terms expire in 2029 are michaela english and tony parker second item of business is the ratification of the other committee selection of pwc as our independent registered public accounting firm for our fiscal year ending december 31st 2026. voting is by proxy or in ballot you do not need to vote through the portal today if you have already voted each share of common stock is entitled to one vote time is now 1103 and the polls are now closed for voting the report the inspectors of election covering the proposals presented at this meeting is as follows proposal one to elect michaela english and anthony parker to the board of directors for a term of three years that will expire at the 2029 annual meeting of stockholders carried and proposal two the proposal to ratify the audit committee selection of pwc is our independent registered public accounting firm for our fiscal year ending december 31st 2026 is carried full tally of votes will be published in a form 8k which will be filed with the sec within a few day days of today's meeting that is the end of the business on the agenda of the stockholders meeting we want to thank all of you for calling into our annual stockholders meeting the time is now 1104 and this meeting is adjourned the conference has concluded thank Thank you for attending today's presentation. You may now disconnect.