PC Connection, Inc. ($CNXN)

Hello, and welcome to PC Connection, Inc. 2026 Annual Meeting. [Operator Instructions] I would now like to hand the conference over to Tim McGrath. You may begin.

Well, good morning, everyone, and welcome to the PC Connection, Inc. 2026 Annual Stockholders Meeting. I'm Tim McGrath, President and CEO for PC Connection, Inc., and I'll be presiding over this meeting. At this time, I call the meeting to order. We have again this year, supplemented our in-person meeting with a courtesy dial-in for stockholders who have submitted their proxy in advance of the meeting and wish to listen to the meeting remotely rather than attend in person. Only stockholders who are here in person may vote in person or otherwise. I would now like to introduce the members of our Board and our company officers as well as our representatives of Deloitte & Touche LLP, our external auditing firm; and WilmerHale, our external Corporate Counsel. Representing our Board of Directors is the Chair of our Board, Patricia Gallup; our Vice Chair, Jay Bothwick; David Beffa-Negrini, Barbara Duckett, Jack Ferguson and Gary Kinyon. Also with us today is our CFO and Inspector of Elections, Tom Baker, as well as a number of our senior members of management. Brian Hicks, David Hall, Jamal Khan, Tom Dion, Dennis Riseman, Scott Sova, Mariano Dy-Liacco X, and Kyle Reeb. In addition, representing WilmerHale is partner, Lillian Brown; and representing Deloitte & Touche is partner, Christopher Smith, both of whom are joining remotely. At the conclusion of our meeting, we'll be available to answer any questions that any stockholder may have. Each of you should have checked in at the registration desk prior to entering the meeting. In order to conduct an orderly meeting, we'll ask that you follow the rules of conduct for the meeting, copies of which have been provided. I will now commence with the formal part of the meeting. I have received an affidavit from Broadridge Financial Solutions certifying that the notice of the annual meeting and proxy statement were sent to all stockholders of record as of March 16, 2026. This affidavit and the list of stockholders entitled to vote at this meeting are available for inspection by any stockholder. Our first order of business at the meeting is to determine whether or not the shares represented at this meeting, either in person or by proxy, are sufficient to constitute a quorum for the purpose of transacting business. Mr. Tom Baker has been appointed to act as Inspector of Elections. Tom has reported to me that there are present at this meeting in person or through representation by proxy, a total of at least 23,700,691 shares of common stock. Since more than a majority of the outstanding shares of capital stock are represented at this meeting, I hereby declare that a quorum exists. Turning now to the items to be voted on at the meeting as indicated in the notice of the meeting and the accompanying proxy statement, which were distributed to all stockholders, our agenda today consists of two items: number one, to elect six directors to serve until the 2027 Annual Meeting of Stockholders; and number two, to ratify the selection by the Audit Committee of Deloitte & Touche LLP as our independent registered public accounting firm for the year ending December 31, 2026. The polls for these matters will open following a brief discussion of these matters and will remain open until I announce that the polls are closed. No ballots, proxies or revocations thereof or changes thereto will be accepted after the polls are closed. I will announce the preliminary results of voting immediately following the tabulation of the voting. Are there any stockholders present who wish to vote in person because they either have not submitted a proxy or have submitted a proxy but wish to revoke their proxy or change their vote? The first matter to be voted on by the stockholders is the election of directors to serve until the 2027 Annual Meeting of Stockholders and until their successors are duly elected and qualified. The nominees for election are: Patricia Gallup, David Beffa-Negrini, Jay Bothwick, Barbara Duckett, Jack Ferguson and Gary Kinyon. The second and final matter to be voted on by the stockholders is the ratification of the selection by the Audit Committee of Deloitte & Touche LLP as our independent registered public accounting firm for the current fiscal year. Are there any questions or any other discussion on any of these proposals before we proceed to vote? This concludes the business items on the agenda for the meeting. I hereby declare that the polls are now open for each matter to be voted upon today. Are there any ballots to be collected?

No.

In that case, the polls are now closed. The votes will now be tabulated and we'll announce the preliminary results of the voting. Mr. Baker has prepared and provided to me a preliminary report of the voting on each matter. The final vote results will be included in the Form 8-K that will be filed within 4 business days after this meeting. On the motion to elect directors, a plurality of the votes cast at the meeting has been voted in favor of each of the nominees to be elected. On the motion to ratify the selection by the Audit Committee of Deloitte & Touche LLP as our independent registered public accounting firm for the current fiscal year, a majority of the votes cast at the meeting has been voted in favor of the ratification. Therefore, I hereby declare that the nominees have been duly elected as directors and Deloitte & Touche LLP has been duly ratified as our independent registered public accounting firm for the current fiscal year. I now instruct the Secretary of the company to include in the minutes of the meeting the precise number of shares voted on each proposal. As there is no further business -- excuse me, as there is no further business to come before the meeting, I declare the formal portion of the meeting adjourned. Thank you for your time and attention. We'll now be available to answer any appropriate questions that any stockholders may have. As there are no questions, I will declare the meeting closed. Thank you very much.

Ladies and gentlemen, that concludes today's conference call. Thank you for your participation. You may now disconnect.