Good morning. I am Dianna Higgins, MGIC Investment Corporation's Senior Vice President of Investor Relations. Welcome to our 2026 Annual Shareholder Meeting. During the meeting, assistance for anyone having technical difficulties can be accessed by dialing the telephone number found on the website. On our meeting screen, you will see several sections which contain the agenda for the meeting, a place for you to vote or to update your vote, a place for you to ask questions, and the meeting materials, including the rules of conduct for the meeting. Please take a moment to review these rules. During this meeting, we will answer questions that are pertinent to the business of the meeting. While we will not be addressing questions about our earnings at this meeting, we encourage you to listen to our first quarter 2026 earnings call scheduled for Thursday, April 30, 2026.
Details about that meeting can be found on our website. I will turn the meeting over to Curt S. Culver, our Chairman of the Board, who will chair the meeting.
Good morning. As Dianna indicated, I'm Curt Culver, and I will chair this meeting. The meeting is officially called to order. Joining me in hosting the meeting are Tim Mattke, our CEO, and Paula Maggio, our General Counsel and Corporate Secretary. Paula has an affidavit certifying that our annual report and proxy statement were mailed beginning on March 20, 2026 to shareholders of record as of March 6, 2026. The affidavit will be filed with records of this meeting. Any shareholder who would like to inspect the list of shareholders entitled to vote at the meeting may do so now by following the directions on the meeting website. Diya Mira, representing Broadridge Financial Solutions, is serving as the Inspector of Election for this meeting. Diya, do we have a quorum?
Yes, Mr. Culver. More than 92% of the shares entitled to vote are represented in person or by proxy at this meeting.
Thank you. At our meeting today, we'll be acting on three matters: electing 10 directors, conducting an advisory vote regarding approval of our executive compensation, and ratifying the appointment of PricewaterhouseCoopers as our independent registered public accounting firm for 2026. All of these items were explained in our proxy statement. Our first business item is the election of the 10 directors named in the proxy statement. It's my pleasure to introduce the directors standing for election. Chuck Chapman, formerly President and Chief Financial Officer of MBIA. Jay Hartzell, President of Southern Methodist University. Marty Klein, former Executive Vice President and Chief Financial Officer of Athene Holdings. Seto Loman, a strategic advisor to Launch Factory, an incubator of technology startup companies. Tim Mattke, who I've already introduced. Daniela O'Leary Gill, former Chief Operating Officer for BMO U.S. Financial Group.
Sheryl Sculley, formerly City Manager of the City of San Antonio, Texas, the Chief Executive Officer of the Municipal Corporation. Michael Thompson, Chief Executive Officer of Fair Oaks Foods. Mark Zandi, Chief Economist for Moody's Analytics, and myself. Notice of no other nomination was given to the corporation. As a result, under our bylaws, no other nomination can be made. The Board of Directors unanimously recommend to vote for each of the 10 nominees. The second item of business is an advisory vote to approve executive compensation for 2025. The Board of Directors unanimously recommend to vote for the approval of this matter. The third item of business is ratifying the appointment of the corporation's independent registered public accounting firm. The audit committee has reappointed PricewaterhouseCoopers for 2026. The Board of Directors unanimously recommend to vote for the approval of this matter also.
Also attending the meeting and available for questions is Andrea Smith, our Engagement Partner from PricewaterhouseCoopers. The polls are now open for all agenda items. Any shareholder who hasn't yet voted or who wishes to change their vote may do so by clicking the Vote Here button on their screen and following the instructions there. Shareholders who have sent in proxies or voted via telephone or online and who do not want to change their votes do not need to take any further action. We will pause briefly while the votes are being counted. Now that everyone has an opportunity to vote, the polls are now closed. Diya, may we have your report?
On the election of the 10 directors, the preliminary results reflect that at least 99% of the votes cast were voted for the 10 nominees. On the advisory proposal to approve our executive compensation, the preliminary results reflect that at least 99% of the votes cast were cast for approval. On the proposal to ratify the appointment of PricewaterhouseCoopers as our independent registered accounting firm, the preliminary results reflect that at least 95% of the votes cast were voted for the proposal. This report is subject to final tabulation, but that should not change the results materially. Also, the final report will include the number of votes on each item.
Thank you, Diya. On the basis of the Inspector's report, each of the nominees has been duly elected as a director of MGIC Investment Corporation. Executive compensation for 2025 has been approved. The appointment of PricewaterhouseCoopers as independent registered public accounting firm for 2026 has been ratified. Tim, have we received any questions that are pertinent to the business of the meeting?
Curt, no. We have not received any questions pertinent to the business of the meeting. Remember that our first quarter 2026 earnings call is scheduled for April 30, 2026, and we encourage you to listen to that call. I will turn the meeting back over to Curt.
Thanks, Tim. No notice of any other business was given to the corporation. Under our bylaws, the formal business of our meeting is over. In my capacity as chairman, I declare the meeting adjourned. Thank you all for being with us today.