Good day, everyone, and welcome to the Hexcel annual meeting of stockholders. I would now like to turn the conference call over to Tom Gentile. Please go ahead.
Thank you, Jamie. Good morning, and welcome to Hexcel's Annual Meeting of Stockholders. I'm Tom Gentile, President and Chief Executive Officer of Hexcel Corporation, and I will chair this meeting. It is 10:30 A.M. Eastern Time on May 14, 2026, and this meeting is called t o order. We thank everyone for joining our meeting today. On the call with us are all the directors currently serving on Hexcel's board, including Jeffrey Campbell, James Cannon, Cynthia Egnotovich, Guy Hachey, Dr. Patricia Hubbard, Neal J. Keating, David H. Li, Nick L. Stanage, and Catherine A. Suever. Also joining the call this morning are the following executive officers of Hexcel: James Coogan, Executive Vice President and Chief Financial Officer.
Gail Lehman, Executive Vice President, Chief Legal and Sustainability Officer, and Secretary of Hexcel, who will officiate as Secretary for today's meeting and Gina Fitzsimons, Executive Vice President, Chief Human Resources and Communications Officer. From Ernst & Young LLP, our independent auditors, we have Doug Leadbetter, who is the engagement partner. Kevin Chow, a representative of Carideo Group , having taken the oath of office, will serve as the Inspector of Elections and will certify the voting results. The Inspector's oath will be filed with the meeting records. After the formal portion of the meeting is concluded, we will address any questions that have been submitted in the space provided on the virtual meeting platform. Validated stockholders may submit questions at any time during this meeting.
When submitting questions, stockholders should follow the guidelines set forth in the rules of procedure available now in the Meeting Materials section of the virtual meeting platform. A representative from Hexcel is reviewing questions that have been submitted, and Ms. Lehman will read your question aloud at the appropriate time. To facilitate full and fair stockholder participation, we ask that you limit yourself to one question. We also have a certified list of stockholders as of March 17, 2026, the record date for this meeting, available on the virtual meeting platform for the duration of the meeting, and an affidavit from Broadridge that the mailing of our proxy materials commenced on April 1, 2026 to stockholders of record on March 17, 2026.
Both will be filed with the meeting records. Ms. Lehman will now report on the presence of a quorum and will present the proposals for the meeting. Ms. Lehman?
Yes, thank you. The preliminary report of the Inspector of Election indicates that at least 94.64% of the outstanding common stock as of the March 17th record date is present or represented by proxy at this meeting. Based on the report, a quorum is present, and the polls are open for voting. The first proposal on the ballot is the election of the following individuals to serve as directors of Hexcel: Thomas C. Gentile III, James J. Cannon, Cynthia M. Egnotovich, Guy C. Hachey, Dr. Patricia A. Hubbard, Neal J. Keating, David H. Li, Nick L. Stanage, and Catherine A. Suever. The second proposal on the ballot is a proposal to conduct an advisory vote to approve the company's 2025 executive compensation.
The third proposal on the ballot is to ratify the appointment of Ernst & Young LLP as the company's independent registered public accounting firm for 2026. The fourth proposal on the ballot is a proposal to approve the Hexcel Corporation Long-Term Incentive Plan. No other business has been raised to be transacted at this meeting. Proposals one through four are fully described in the proxy statement that accompanied or was referred to in the notice of this meeting. Mr. Gentile, you may proceed with voting.
Thank you, Ms. Lehman. The voting at this meeting will be done on the virtual meeting platform. Although voting is done primarily by proxy, if you wish to vote or change your vote during this meeting, please click on the link provided within the virtual meeting platform. For any stockholder who has already voted and does not want to change their vote, no further action is required. If you intend to vote during the meeting through the virtual meeting platform and haven't yet done so, please do so now. We'll allow some time for the voting process to take place. The polls are now closed. We permit voting by telephone, by proxy cards over the Internet, and on the virtual meeting platform, it will take additional time to finalize the tabulation.
The final tabulation will be filed with the SEC on a Form 8-K within four business days of this meeting. However, we can announce preliminary voting results. Madam Secretary, do you have the preliminary report on the voting?
Mr. Chairman, we have received the preliminary report of the Inspector of Election. Each nominee for director has been duly elected to the board of directors, proposals 2, three, and four have been approved by the requisite vote of the stockholders.
Thank you, Ms. Lehman. Since no other business has been brought before the 2026 Annual Meeting of Stockholders, I declare the formal portion of this meeting adjourned. We will now answer general questions that have been submitted through the virtual meeting platform in accordance with the rules of procedure. Please note we will attempt to answer as many questions as time allows, but only questions that are germane to the meeting of our business will be addressed. Any relevant questions that we do not get to or that are repetitive of questions previously answered publicly by Hexcel management will be addressed and posted on the investor relations page of our company website after the meeting. Ms. Lehman, can you please begin with our first question?
Mr. Chairman, there are no questions at the present time.
Okay. Well, hearing that there are no questions, this concludes our question and answer session. We thank you for joining our 2026 Annual Meeting of Stockholders. The meeting is now adjourned. Thank you. Have a good day.