Good day everyone, and welcome to the Delek US Holdings annual meeting. Your host today is Denise McWatters, Executive Vice President, General Counsel and Corporate Secretary. Now I'll turn the call over to Denise. Please go ahead.
Thank you. Good afternoon, and welcome to the 2026 annual meeting of stockholders of Delek US Holdings, Inc. I am Denise McWatters, Delek's Executive Vice President, General Counsel, and Corporate Secretary. I will be serving as Chair of the meeting today at the direction of the Board. I hereby call the meeting to order. On behalf of the Board of Directors and the company, thank you for your attendance and your support of Delek. I am joined here today by members of the Board of Directors, including our Chairman, Uzi Yemin, and our President and CEO, Avigal Soreq. Also present are members of management and representatives of Ernst & Young, Delek's independent registered accounting firm, who will be available to respond to appropriate questions during the general question and answer period at the end of the meeting.
We are conducting this meeting in accordance with Delek's bylaws and the rules of conduct and procedures adopted by the Board of Directors for this meeting. Stockholders may submit questions at any time during this meeting in the space provided on the virtual meeting screen. During the meeting, we will only respond to questions related to the items on the agenda for the meeting. Questions of general concern to all stockholders may be addressed at the end of the meeting. Some questions may not be appropriate to address during today's meeting. If your question is not answered, please contact us at investor.relations@delekus.com at the conclusion of the meeting. The rules of conduct and procedures, annual report, proxy statement, and agenda are available on the virtual meeting screen.
In the unlikely event of a technical malfunction or disruption that interferes with our ability to continue the meeting, the meeting will be adjourned, recessed, or expedited. As a reminder, stockholders attending the virtual meeting can vote their shares online until the closing of the polls by logging into the meeting website as a stockholder and clicking the link provided on their screen. Voting online will revoke any proxy previously submitted for the voted shares. If you have previously voted by proxy and do not wish to change your vote, your vote will be cast as you previously instructed and no further action is required. Following the meeting, the Inspector of Election will conduct its count of the proxies and ballots, including examination of all proxies and ballots for validity, and we will file the final vote results in a filing with the SEC.
All votes are subject to final count certified by the Inspector of Elections. A list of registered holders of our common stock as of the record date has been on file and available at Delek's corporate headquarters for inspection by any stockholder for the past 10 days. The list of stockholders is available for examination during the meeting in accordance with the company's bylaws by accessing the link in the virtual portal entitled Stockholder List. The company has received an affidavit of mailing confirming that the notice of meeting, proxy statement, proxy card, and 2026 annual report were previously made available in a timely manner to our stockholders. These documents will be included in the minutes of the meeting. A representative of our vote tabulator is participating virtually to serve as the Inspector of the election.
The Inspector's oath of office has been delivered to the company and will be included in the minutes of the meeting. The record date for this meeting was February 27, 2026. More than 50% of the shares of Delek's common stock outstanding as of the record date are present, either in person or represented by proxy. As a result, I declare a quorum is present. We may now proceed with the business of the meeting. The polls are open for voting on all matters to be presented. After voting has been completed on all matters on the agenda, I will close the polls. I will now present each agenda item. As more fully described in the company's proxy statement, four proposals are to be considered and acted upon at this meeting.
The first proposal to come before the meeting is the election of 10 directors to serve as members of the Board of Directors until the company's 2027 annual meeting of stockholders and until their respective successors are elected and have been qualified. The names of the Board of Directors nominees are Uzi Yemin, Avigal Soreq, Christine Benson Schwartzstein, William Finnerty, Richard Marcogliese, Leo Moreno, Gary Sullivan, Vasiliki Sutil, Laurie Tolson and Shlomo Zohar. No stockholder nominations were received prior to the deadline established in the company's bylaws that were not withdrawn. Therefore, no additional nominations may be made at this meeting, and I declare the nominations to be closed. The Board recommends a vote for on each of the Board's director nominees. Proposal two is an advisory vote on the company's executive compensation program for our named executive officers described in the proxy statement.
The Board recommends a vote for proposal two. The next matter to come before the meeting is a resolution for approval of the company's 2026 long-term incentive plan. If this proposal three is approved by our stockholders, the 2026 plan will be effective as of the date of this annual meeting. In the event that our stockholders do not approve this proposal three, the 2026 plan will not become effective. The Board recommends a vote for proposal three. Proposal four is the ratification of the appointment of Ernst & Young as the company's independent registered public accounting firm for the 2026 fiscal year. Although not required by law, the Board has determined to request stockholder approval of our selection of an independent registered public accounting firm and recommends a vote for proposal four.
I will now pause to see if there are any questions or comments on any of the proposals before the meeting today. There being no questions, this concludes the items of business that you have asked to vote on as outlined in the notice of annual meeting. The polls will be closing shortly. If you are a stockholder of record or a proxy holder for such stockholder and you wish to vote at the meeting, please do so at this time using the ballot in the section of the virtual meeting portal entitled Vote Here. We will take a brief pause for stockholders to submit their ballots. It appears that everyone has now had the opportunity to vote. At this time, I declare the polls closed with respect to all items of business. This concludes the business for the meeting.
I am pleased to report that all of management's proposals have passed. The company will report the full results of the voting following the meeting. There being no other business to be conducted, the meeting is now adjourned, except to see if there are any remaining questions from stockholders. We have no further questions from our stockholders, so that concludes today's meeting. Thank you for your support of Delek.