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KKR Financial Holdings' CEO Hosts Annual Shareholder Meeting (Transcript)

If you have such a proxy, raise your hand and we will distribute the blank proxy card to use for voting. Oh hands raised. If you're voting in person today, please make certain that you sign the proxy card and print your name under your signature. Inspector of elections will tabulate the votes and report the results after the meeting is completed. Okay now the formal part of the meeting. It sounded like that was pretty formal.

The first order of business is the election of the directors; the Board of Directors currently has 12 members. All of them are standing for reelection. Each member of the Board of Directors is elected annually. Common shareholders voting as a single class has the right to elect all 12 members to serve until the next annual meeting of shareholders until the respective successors are duly elected and qualified.

The nominees for the Board of Directors are named in your proxy statement and the Board of Directors unanimously recommends that you vote for the election of each of the 12 nominees. Are there any questions from the floor regarding the election of directors?

Second order of business is to ratify the appointment of Deloitte & Touche as independent registered public accounting firm for the company for fiscal year ended December 31, 2012. The Board of Directors acting upon the recommendation of its audit committee has appointed Deloitte & Touche to audit the financial statements of the company and is asking that you ratify this appointment.

The Board of Directors unanimously recommends that you vote for the ratification of the appointment of Deloitte & Touche as independent registered public accounting firm of the company. Are there any questions regarding this item?

At this time I will ask for the final call for ballots. You do have a ballot and which no hands raised. So there are none. After all votes are submitted, I will ask Nicole Macarchuk who is the General Counsel and Secretary of the company to report results of the vote. Nicole would like to report?

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