Good morning, ladies and gentlemen. I'm Adam Sullivan, President and CEO of Core Scientific, Inc. On behalf of the directors, officers, and employees of the company, I want to welcome you to our 2026 Annual Meeting of Stockholders. The meeting will now officially come to order. The time now is 10:00 A.M. Eastern Time on Tuesday, May 12th, 2026, and the polls are now open for voting on all matters to be presented. As you know, we are hosting today's meeting through a virtual online platform. With that in mind, I want to thank you all for taking the time to join us. After some introductions, I will have our Executive Vice President, Chief Legal and Administrative Officer, and Secretary, Todd DuChene, conduct the business portion of our meeting. I would now like to introduce you the members of the board and management who are with us today.
In addition to myself, the other members of the board with us virtually today are Jordan Levy, Yadin Rozov, Eric Weiss, Jeff Booth, and Elizabeth Crain. I'd like to thank our board members for their dedication and willingness to serve, as well as members of our management team. I would also like to introduce the other officers of the company who are in attendance, Jim Nygaard, Executive Vice President and Chief Financial Officer, and Jon Charbonneau, Vice President of Investor Relations. I would also like to introduce Jeffrey Bloomquist and Steve Speer, representing the company's independent registered public accounting firm, KPMG LLP, as well as Natalie Hairston, representing American Election Services, LLC, who will be serving as the Inspector of Election. I would now like to call on Todd to conduct the business portion of the meeting.
Good morning. We will now proceed with the formal business of the meeting in the order set forth in the notice of the annual meeting and proxy statement. This meeting is being held to consider each of the 3 proposals set out in the notice of annual meeting and the proxy materials that were previously made available to Core Scientific stockholders as of the record date. Pursuant to the Company's third amended and restated bylaws and Delaware law, I have proof by affidavit that notice of this meeting has been duly given and that the notice and proxy statement for the 2026 Annual Meeting of Stockholders was mailed or otherwise made available on March 31, 2026 to all stockholders of record at the close of business on March 23, 2026, the record date for this meeting.
At this time, I'd like to introduce Natalie Hairston, a representative of American Election Services, LLC, who is present virtually and who has been appointed by the Board of Directors as Inspector of Election. Ms. Hairston has taken and subscribed to the customary oath of office to execute her duties with strict impartiality. We will file this oath with the records of the meeting. Ms. Hairston's function is to decide upon the qualifications of voters, accept their votes, and when balloting on all matters is completed, to tally the final votes. Ms. Hairston has advised me that we have votes represented in person or by proxy in an amount in excess of a majority of the voting power of the outstanding shares entitled to vote. Accordingly, I declare that a quorum is present and that this annual meeting is lawfully convened and may now proceed to transact business.
The polls are open to voting on all matters to be presented. Each share of common stock is entitled to one vote. After I describe each item to be voted on, we will close the polls. We will not accept ballots, proxies, revocations, or changes after the closing of the polls. If you have already submitted your vote by proxy and do not wish to change your vote, you do not need to vote now, and your shares will be voted as previously instructed. If you intend to vote and have not already done so, you must submit your vote online now in order for it to be counted. If you have not voted, I encourage you to vote online now. We will proceed with the proposals. After all of the proposals have been described, we will answer any questions related to a proposal submitted online.
As a reminder, we ask that any comments or questions during this portion of the meeting pertain only to these proposals. Please submit any questions as soon as possible for our review. We are now voting on the following proposals. Proposal one, to elect the board of directors, five nominees for director to hold office until the 2027 Annual Meeting of Stockholders. The board of director nominees are as follows: Jeff Booth, Elizabeth Crain, Yadin Rozov, Adam Sullivan, Eric Weiss. Proposal two, to approve on a non-binding advisory basis the compensation of our named executive officers as disclosed in the proxy statement. Proposal three, to ratify the selection of KPMG LLP as the company's independent registered public accounting firm for the fiscal year ending December 31st, 2026. If you wish to vote your shares online or change your vote, please do so now.
The polls will be closing shortly. We will now review if there are any questions submitted about the proposals before we close the polls. As a reminder, we will only review and answer questions at this time that pertain to the proposals. I can confirm that there are no questions at this time. The time is now 10:06 A.M. Eastern Time, and the polls are now closed for voting. Ms. Hairston, the Inspector of Election, has advised me that based upon her preliminary report, each of the nominees for director has been elected. Proposal 2 has been approved, and the selection of KPMG LLP as the company's independent registered public accounting firm for the fiscal year ending December 31st, 2026, has been ratified.
A full tally of the votes will be published in a current report on Form 8-K, which will be filed with the Securities and Exchange Commission within the next four business days. This completes the formal business to come before this annual meeting. There being no further formal business, this meeting now stands adjourned.
Thank you everyone for attending our 2026 Annual Meeting of Stockholders. Thank you to my fellow board members, along with our management team and KPMG for participating in our Annual Meeting of Stockholders. Thank you to all of our stockholders for your continued support.
This now concludes the meeting. Thank you for joining, and have a pleasant day.