Good day, and welcome to the Cooper-Standard Holdings, Inc Annual Meeting of Stockholders. I would now like to turn the meeting over to Mr. Jeff Edwards, Chairman and Chief Executive Officer. Please go ahead.
Good morning. It's my pleasure to welcome you to the Cooper-Standard 2026 Annual Meeting of Stockholders. I'm joined today by MaryAnn Peterson Kanary, our Chief Legal Officer and Corporate Secretary, and Jon Banas, our Chief Financial Officer. Our directors, along with Michael Boehm and Stephanie Ellis of Ernst & Young, our independent registered public accounting firm, are participating in this webcast as well. On behalf of the board of officers and all employees, I would like to thank everyone for taking the time to participate in our annual meeting.
The company is again hosting a virtual stockholder meeting through a live audio webcast. This format has been successful for us in the past as it allows us to engage our stockholders regardless of their location. It is 9:00 A.M. on May 14th, 2026, and I'd like to call the 2026 Annual Stockholders Meeting to order. I'll be serving as the chairman of the meeting. MaryAnn will be serving as the secretary of the meeting. MaryAnn is also acting as the inspector of elections. Now, MaryAnn will report on the requirements to hold this meeting and will cover a few housekeeping matters.
Thank you, Jeff. We have met all formal requirements in connection with the holding of this meeting, and we have a quorum. More than 78% of our shares outstanding are represented. In addition, Broadridge, our proxy agent, has certified that the notice of the meeting and related proxy materials were duly distributed. The certification, notice, and proxy materials will be filed with the minutes of the meeting. The polls are now open and will remain open throughout the official portion of this meeting. We will advise you when the polls are about to close. We do encourage you to vote promptly. Any stockholder who hasn't yet voted or wishes to change their vote may do so by clicking on the voting button on the web portal and following the instructions there.
Stockholders who have sent in proxies or voted via telephone or Internet and do not wish to change their vote do not need to take any further action. Following the official part of the meeting, we will answer questions submitted on the website. If you logged into the meeting with your control number, you may ask the question by typing it into the box at the bottom of the screen any time during this meeting. The rules of conduct governing this annual meeting are posted on the web portal. Now I will turn it over to Jeff.
Thank you, Mary Ann. I will now present the matters to be voted upon. The first order of business is the election of the directors. At each annual meeting, we elect the board of directors for a term of one year. The nine individuals nominated by the board to stand for election are John Boss, Jeffrey Edwards, Richard Freeland, Adriana Macouzet-Flores, David Mastrocola, Christine Moore, Robert Remenar, Sonya Sepahban, Stephen Van Oss. The board recommends that you vote for each of the nominees. The affirmative vote of a majority of the votes cast is required to elect each director. The next item of business is to hold an advisory vote on the compensation of our named executive officers as disclosed in our proxy statement. A detailed description of the compensation program is available in the compensation discussion and analysis section of the proxy statement.
The board recommends that the stockholders vote for the resolution set forth in Proposal 2 of the proxy statement, approving on an advisory basis the compensation of the named executive officers as disclosed in the proxy statement. The affirmative vote of a majority of the votes cast is required to approve this advisory proposal. The next item of business is to ratify the appointment of Ernst & Young, LLP as the independent registered public accounting firm for 2026. The board recommends that the appointment of Ernst & Young, LLP to serve as the independent registered public accounting firm be ratified. The affirmative vote of the majority of the votes cast is required to ratify the appointment of the independent registered public accounting firm. This concludes the items being voted on by the stockholders.
If you have not submitted your vote or would like to change your vote, please do so at this time and submit your ballot through the portal. We will now pause to allow the stockholders to complete their vote. The polls will be closing in 10 seconds. All ballots have been delivered to the inspector and the polls are now closed. MaryAnn will present the preliminary report of the inspector.
Preliminary report shows the following: All of the nominees named in the proxy statement have received a majority of the votes cast to be elected to hold office until the 2027 annual meeting or until their successors are duly elected and qualified. The advisory resolution approving the compensation of our named executive officers has been approved. The appointment of Ernst & Young LLP as the company's independent registered public accounting firm for 2026 has been ratified. As a reminder, these results are preliminary. The final results on each of these items will be disclosed in a Form 8-K filing. Jeff?
Thank you, MaryAnn . You've now heard the results of the voting, and this completes the business to be conducted at this meeting. I hereby request that the final report of the Inspector of Election be filed with the minutes of this meeting. Additionally, we're also pleased to have just released our latest corporate responsibility report, which I encourage our shareholders to view. The report provides an overview of our culture and the commitment to our environmental, social, and governance programs. Additionally, it highlights the progress of our global team is making to drive value and support our purpose of creating sustainable solutions together. The report is available on the company's website at www.cooperstandard.com. I will now open our meeting to general questions, which may be submitted through the meeting portal. Are there any questions?
Mr. Chairman, there are no questions pertaining to the business of this meeting at this time.
Thank you again for attending Cooper Standard's 2026 Annual Meeting of Stockholders. Hearing no other business, this meeting is adjourned.