Welcome to the Commercial Vehicle Group 2026 annual meeting of stockholders. Today's meeting will be hosted by Mr. William Johnson, the Chairman of the Board of Directors of Commercial Vehicle Group, Inc. Mr. Johnson, I will turn it over to you at this time.
Good afternoon, welcome to the 2026 annual stockholders meeting of Commercial Vehicle Group, Inc. I am the chairman of the board of directors. Thank you for joining us today. We're excited to be hosting our virtual meeting, which allows us to be more inclusive and reach greater number of our share stockholders. We have stockholders attending via the web portal. As is our custom, we will focus on the business portion of our stockholder meeting. To the extent you have questions that do not relate to the stockholder meeting, please reach out to our investor relations group with such questions. Keeping with the digital approach to this year's meeting, it is now shortly after 1:00 P.M. Eastern Daylight Time on May 14th, and this meeting is officially called to order.
I would like to introduce the other members of the board standing for election at today's meeting. Melanie Cook has served as one of our directors since September 2023. Ari Levy has served as one of our directors since February 2026. Michael Nauman has served as one of our directors since July 2021. Jeffrey Niew has served as one of our directors since December 2024. Wayne Rancourt has served as one of our directors since July 2016. James Ray has served as one of our directors since March 2020. I have served as a director since December 2023. I would like to introduce Commercial Vehicle Group's Chief Legal Officer, Compliance Officer, and Secretary, Mr. Aneezal Mohamed. Mr. Mohamed will act as secretary of the meeting. I will turn to him with any procedural issues that may arise.
We are also joined today by KPMG LLP, our independent auditors. They will be available during the question-and-answer session to respond to appropriate questions. Finally, the company has appointed Broadridge Financial Solutions to act as Inspector of Elections. Ms. Anna Hagberg-Setu, a representative of Broadridge, is with us today and has taken the oath of Inspector of Elections earlier today. During the formal meeting, we will provide time for questions on matters on the agenda. Only validated stockholders may ask questions in designated field on the web portal. Out of consideration for others, please limit yourself to one question per stockholder. Please note that this meeting is being recorded. However, no one attending via the webcast or telephone is permitted to use any audio recording device. The board of directors fixed March 16th, 2026 as the record date for determining stockholders entitled to vote at this meeting.
An affidavit has been delivered attesting to the fact that either, one, a notice of internet availability of the notice of the meeting, proxy statement, and the 2025 annual report to stockholders, or two, the documents themselves were mailed on or about April 28th, 2026 to all stockholders as of the record date and will be incorporated into the minutes of this meeting. Stockholder list shows that as of the record date, there were 36,634,201 shares of common stock outstanding entitled to vote at this meeting. We are informed by the Inspector of Elections that there are represented in person or by proxy 26,888,805 shares common stock, representing approximately 73.39% the voting power on the record date.
As this represents more than a majority of the voting power of all issued and outstanding stock entitled to vote on the record date, a quorum is present for purposes of transacting business. I will present the matters to be voted upon. Please note that we will give stockholders an opportunity to ask questions relating to the proposals themselves after the proposals have been presented. Proposal 1 is election of seven Directors. Current board has nominated Melanie Cook, William Johnson, Ari Levy, Michael Nauman, Jeffrey Niew, Wayne Rancourt, and James Ray for election as directors to hold office until the 2027 annual meeting of stockholders until their successors are duly elected and qualified. Proposal 2 is the approval of Second Amended and Restated Commercial Vehicle Group, Inc. 2020 Equity Incentive Plan. Proposal 3 is the approval of a non-binding advisory vote on the following resolution.
Resolved that the compensation paid to the company's named executive officers, as disclosed pursuant to item 402 of Regulation S-K, including compensation discussion and analysis, compensation tables and narrative discussion, is hereby approved. Proposal 4 is the ratification of the appointment of KPMG LLP as the company's independent registered public accounting firm for the fiscal year ending on December 31st, 2026. If any stockholder would like to ask questions regarding any of these proposals, please submit your questions through the web portal. It is now 1:05 P.M. Eastern Time on May 14th, 2026, and the polls are now open. 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 want to change their vote do not need to take any further questions. Now that everyone has had the opportunity to vote, I now declare the polls for the 2026 Commercial Vehicle Group, Inc. annual stockholders meeting closed at 1:06 P.M. Eastern Time on May fourteenth, 2026. We have been informed by the Inspector of Elections that the preliminary vote report shows that. One, the nominees for election onto the board have been duly elected. Two. the Second Amended and Restated Commercial Vehicle Group, Inc. 2020 Equity Incentive Plan has been approved. Three. the non-binding advisory resolution approving the compensation of the named executive officers has been approved. Four. the appointment of KPMG LLP as the company's independent registered public accounting firm has been duly ratified.
We will be reporting the final vote results in a Form 8-K to be filed within four business days. There being no further business to come before the meeting, the 2026 annual meeting of stockholders, Commercial Vehicle Group is now adjourned. I want to take this opportunity to thank you for attending our annual meeting of stockholders. Have a great day.
This concludes today's meeting. Thank you for attending. You may now disconnect and have a wonderful rest of your day.