Operator

Hello, and welcome to the Annual Meeting of Stockholders of Oppenheimer Holdings, Inc. [Operator Instructions] It is now my pleasure to turn today's meeting over to Albert Lowenthal, Chairman of Oppenheimer Holdings, Inc.

Mr. Lowenthal, the floor is yours.

Albert G. Lowenthal

Good afternoon, ladies and gentlemen. I want to welcome you to the 2026 Annual Meeting of Oppenheimer Holdings, Inc. This meeting is again being held virtually. I am Bud Lowenthal, and I will be chairing the meeting. It is now 4:30 p.m., and I would ask that the meeting come to order. I ask Mr. Dennis McNamara, the Secretary of the corporation, to act as Secretary of the meeting; Ms. Erica Ortiz-Indart of Computershare Shareholder Services, our transfer agent, to act as Inspector of Election. Ms. Ortiz Indart has executed an affidavit to execute her duties as the inspector faithfully. I direct that the secretary attach the affidavit to the minutes of this meeting.

The meeting will first address the formalities as described in our recent proxy statement. We have posted to our virtual meeting site a copy of our recent proxy statement and our annual report for the 2025 fiscal year, consisting of the annual report and the SEC Form 10-K. And I hope that each of you had an opportunity to review them. First order of business today will be to address the meeting's formalities, after which our CEO, Robert Lowenthal, will make a presentation and answer questions.

Notice calling this meeting, together with the proxy statement was mailed to stockholders on March 17, 2026. I have before