Horizon Kinetics (HKHC) AGM 2026 summary

Opening remarks and agenda

• Meeting opened with introductions of co-CEOs and General Counsel, confirming compliance with bylaws and Delaware law.

• Agenda included election of six directors, ratification of auditors, and advisory vote on executive compensation.

• Notice of meeting and proxy materials were duly distributed; quorum confirmed.

Board and executive committee updates

• Six directors were nominated and elected to serve until the next annual meeting.

• Leadership transition addressed following the passing of Murray, with emphasis on continuity and strong internal culture.

• James Davolos elevated to Director of Research as part of generational planning.

Financial performance review

• Organization highlighted a strong balance sheet and strategic assets, providing resilience and growth opportunities.

• Emphasis on building substantial reserves to withstand market volatility and avoid forced decisions under duress.

• Bitcoin exposure has grown to about 10% of assets under management due to appreciation.