Black Rock Coffee Bar (NASDAQ:BRCB) shareholders elected two directors and ratified the company’s independent auditor for fiscal 2026 during the company’s annual meeting of shareholders held virtually on May 27, 2026.
Chief Executive Officer Mark Davis presided over the meeting, with Sam Seiberling serving as secretary. Christina Perino of The Carideo Group acted as inspector of election. Representatives from KPMG, identified as the company’s auditor for 2025, and Deloitte, identified as the company’s auditor for 2026, were also present.
Quorum Established
The inspector of election reported that 40,456,184 shares of common stock were represented in person or by proxy, equal to approximately 80.8% of all shares entitled to vote. Davis said a quorum was present, allowing the meeting to proceed with formal business.
Directors Elected, Auditor Ratified
Shareholders considered two proposals at the meeting. The first was the election of Jeff Hernandez and Kristina Cashman as Class 1 directors. Their terms will expire at the company’s 2029 annual meeting of shareholders and continue until their respective successors are elected and qualified.
The second proposal was the ratification of the audit committee’s appointment of Deloitte & Touche LLP as Black Rock Coffee Bar’s independent registered public accounting firm for the fiscal year ending Dec. 31, 2026.
Seiberling said the board recommended that shareholders vote in favor of both the director nominees and the auditor ratification.
After the polls closed at 9:07 a.m. Pacific Time, Seiberling reported preliminary results indicating that Hernandez and Cashman had been duly elected and that Deloitte & Touche LLP’s appointment had been ratified.
The company said the final vote tally will be published within four business days in a current report on Form 8-K to be filed with the Securities and Exchange Commission.
No Shareholder Questions Submitted
Following the formal business portion of the meeting, Seiberling said Davis and Chief Financial Officer Rodd Booth were available to answer questions submitted through the virtual meeting website. However, no shareholder questions were submitted, and the question-and-answer period was ended.
The meeting was then adjourned.
About Black Rock Coffee Bar (NASDAQ:BRCB)
Our Mission: To Fuel People Forward – One Connection, One Moment, One Cup at a Time We are a high-growth operator of guest-centric, drive-thru coffee bars offering premium caffeinated beverages and an elevated in-store experience crafted by our engaging baristas. Black Rock Coffee Bar was founded in 2008 in Beaverton, Oregon, by our co-founders Daniel Brand and Jeff Hernandez. What started as a single 160 square foot coffee bar in 2008 is now one of the fastest growing beverage companies in the United States by revenue and the largest fully company-owned coffee retailer in the country, with 158 locations spanning seven states as of June 30, 2025, from the Pacific Northwest to Texas.
