Good morning. I'm Greg Henderson, President and CEO of Littelfuse Incorporated. It is my pleasure to welcome you to the 2026 annual meeting of the stockholders of Littelfuse. Thank you for joining us today. We are excited to be hosting our meeting virtually. We have stockholders attending via the web portal. This annual meeting of stockholders is held for the purpose described in the proxy statement prepared by the company for this meeting, and provided to our stockholders. This meeting is now called to order. In addition to myself, the following members of the current board of directors are in attendance virtually today: Gordon Hunter, Christina Cerniglia, TJ Chung, Gayla Deli, Maria Green, Anthony Grillo, William Noglows, and Holly Paper. After the formal meeting concludes, we will have a question and answer period, so please hold your questions until that time.
Stockholders may ask questions in the designated field on the web portal. Out of consideration for others, please limit yourself to two questions. The formal business of the meeting will begin with proof that proper notice of the meeting has been given and that a quorum is present. Ryan Stafford, our Corporate Secretary, has informed me the notice of internet availability of our proxy material for this meeting was mailed on March 12th, 2026, to each stockholder of record as of the close of business on Friday, February 25th, 2026, the record date for this meeting, and that this notice complied with the requirements of the bylaws of the company and the laws of the state of Delaware. The affidavit from Broadridge Financial Solutions attesting to the mailing of the notice of the meeting will be filed with the records of the meeting.
A complete list of stockholders as of the record date has been on file for the past 10 days and has been available during that period for inspection by any stockholder. In advance of this meeting, Ms. Beth W. Vanderbeck of Broadridge Financial Solutions was appointed to serve as the Inspector of Elections for this meeting. Ms. Vanderbeck is present virtually today and has executed her oath of office, which will be filed with the records of this meeting. Ms. Vanderbeck has informed me that more than 90% of the company's shares entitled to vote at this meeting are represented here in person or by proxy. As more than a majority of shares are represented at this meeting, and proper notice of this meeting has been established, I declare this meeting properly constituted for the transaction of business.
Now let's turn to the items of business for today's meeting, each of which is described in detail in the proxy statement. Please note that we will give stockholders an opportunity to ask questions regarding the proposals themselves after all proposals are presented. The first item is the election of eight director nominees to the board of directors, elected at this meeting, will serve a one-year term expiring at the 2027 annual meeting of stockholders, and until their successors are duly elected and qualified. You can find more information about the eight nominees in the proxy statement. It is the recommendation of the board of directors that the nominees each be elected. The eight directors who have been nominated for election are Kristina Cerniglia, TJ Chung, Maria Green, Anthony Grillo, Greg Henderson, Gordon Hunter, William Noglows, and Holly B. Paeper.
The next order of business is the adoption of a resolution approving, on an advisory basis, the compensation of our named executive officers as disclosed in the compensation discussion and analysis, the compensation tables, and the accompanying narrative as presented in the company's proxy statement. It is the recommendation of the Board of Directors that the resolution be adopted. The final order of business is the approval and ratification of the appointment of Deloitte & Touche by the Audit Committee of the Board of Directors to serve as the independent auditors of the consolidated financial statements of the company and its subsidiary companies for the 2026 fiscal year ending December 26, 2026. Ms. Mindy Ponton of Deloitte & Touche will help us via teleconference to respond to any questions. If you have any questions for Ms. Ponton, they can be submitted through the web portal.
It is the recommendation of the board of directors that the appointment of Deloitte & Touche for 2026 be approved and ratified. If any stockholder would like to ask a question about any of the proposals, please submit your question through the web portal. There are no questions at this time. There being no further questions, I hereby declare the polls to be open as of this date and time for voting on these matters. 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 action.
Now that everyone has had the opportunity to vote, I declare the polls closed as of this date and time. Prior to the meeting, Ms. Vanderbeck, as the Inspector of Election for this meeting, informed me that pending final tabulation of the votes, each of the eight director nominees received a majority of the votes cast at the meeting. A majority of shares represented in person or by proxy at this meeting voted for the approval of the compensation of the company's named executive officers. A majority of the shares represented in person or by proxy at this meeting voted in favor of the approval and ratification of the appointment of Deloitte & Touche as independent auditors of the company's consolidated financial statements for the 2026 fiscal year ending December 26, 2026.
The exact number of votes cast for, against, or otherwise with respect to each of the foregoing matters will be reflected in Ms. Vanderbeck's Inspector of Elections certificate, which will be filed with the records for this meeting and will be reflected in the final vote results in a Form 8-K to be filed within four business days. I am now pleased to declare that all eight nominees have been reelected as directors. The resolution approving the compensation of the company's named executive officers has been adopted. The appointment of Deloitte & Touche by the Audit Committee of the Board of Directors as the independent auditors of the company's consolidated financial statements for the 2026 fiscal year ending December 26, 2026, has been approved and ratified. Does any stockholder wish to bring any other item of business before the meeting? If so, please submit the matter through the web portal.
There are no questions at this time. Before we conclude the formal portion of this meeting, I want to recognize the departure from the board of Gayla Delly, a member of the Littelfuse Board of Directors since 2023. For the past three years, Gayla Delly's leadership and counsel have guided Littelfuse and driven significant value for our shareholders. I want to thank her for her service, and I wish her well in future endeavors. There being no further business, I declare the meeting adjourned.