Summit Midstream Corporation (SMC) Earnings Call Transcript & Summary

Welcome back to Summit Midstream Partners 2022 Annual Meeting of Limited Partners, initially convened on May 10, 2022, at 2:00 p.m. Central Time, and partially adjourned until this time. This is James Johnston, Executive Vice President, General Counsel, Chief Compliance Officer and Secretary of the partnership. The meeting will now begin. I have set the agenda for the meeting, which you should be able to see under the Documents tab on your screen. I now formally call the meeting to order. There are present at the meeting, in person or by proxy, sufficient votes to constitute a quorum. Therefore, the meeting is lawfully and properly convened. We have determined that there are insufficient votes represented at the meeting to approve Proposal 2 presented in the proxy statement furnished to our common unitholders, which is the approval of the Summit Midstream Partners 2022 long-term incentive plan. Pursuant to our partnership agreement and action taken by the Board of Directors of the partner's general partner, the meeting will be adjourned to solicit additional proxies with respect to Proposal 2 only. The meeting will reconvene with respect to Proposal 2 on Friday, June 24, 2022, at 9:00 a.m. Central Time, and will be held virtually via live webcast at the same website and password used for this meeting as set forth in the proxy statement. Because the time and place of the reconvened meeting have been announced at this meeting, limited partners of the partnership will not receive a separate notice of the reconvened meeting. In addition, limited partners of the partnership who are holders of record of outstanding common units of the partnership at the close of business on March 21, 2022, the record date for the meeting, will continue to be the limited partners entitled to vote at the reconvene meeting unless the Board of Directors sets a new record date, in which case the limited partners will be provided with any notices required by our partnership agreement or applicable law. This completes our official business agenda for today. There is no further business to come before the meeting today. Thank you for attending the meeting.

This concludes the meeting. You may now disconnect.