Good afternoon. It is 3:30 P.M. Pacific Time, and the 2026 annual meeting of the stockholders of NetApp, Inc. will now come to order. I am George Kurian, Chief Executive Officer. It is my pleasure to welcome you to NetApp's annual meeting. I will now turn the meeting over to Dena Acevedo , our Senior Vice President, Legal and Corporate Secretary.
Thank you, George. We will begin with a few introductions. First, members of our board of directors who are standing for re-election are here today. I'd also like to introduce Wissam Jabre, Executive Vice President and Chief Financial Officer, Elizabeth O'Callahan, Executive Vice President and Chief Administrative Officer, Kris Newton, Vice President, Investor Relations, Amy Holcomb of Deloitte & Touche, NetApp's independent registered public accounting firm, and Jan Castillo of Broadridge.
Jan will act as the Inspector of Election for this meeting. She has signed an oath of office, which will be filed with the minutes of this meeting. NetApp's annual meeting of stockholders is being held in accordance with NetApp's bylaws and Delaware law. George is serving as the presiding officer of the meeting, and I am serving as secretary of the meeting and will record the minutes.
A copy of the rules of conduct and procedures for the annual meeting is accessible on the virtual meeting website. In order to provide for an orderly and informative meeting, your cooperation in observing the rules of conduct and procedures is greatly appreciated. This meeting will address the matters described in NetApp's 2026 proxy statement, which was made available to all stockholders and is available on our website, the SEC's website, and the virtual meeting website. After votes are taken on the matters before this meeting,
I will announce the preliminary voting results and the meeting will be adjourned. If you are a stockholder and have a question, please submit it through the virtual meeting platform. We will respond to relevant business questions after the end of the official portion of the meeting.
Jan Castillo has presented proof by affidavit that notice of this meeting has been duly given to NetApp stockholders as of the close of business on July 13th, 2026, which is the record date for the meeting. As of the record date, there were 196,234,265 shares of common stock outstanding and entitled to vote at this meeting.
Jan Castillo has also presented proof by affidavit of the number of shares present by proxy at this meeting. She has advised me that a majority of the shares of common stock issued and outstanding and entitled to vote at this meeting are present in person, by proxy, or virtually via the Internet, which constitutes a quorum. Because a quorum is present, the meeting is declared open to proceed with its business.
To expedite the flow of business, each of the matters will be proposed in the order set forth in the proxy statement, while the actual vote on the matters will be deferred until all of the matters to be acted upon have been presented. It is now 3:33 P.M. Pacific Time, and the polls are now open. If you have already voted your shares, you do not need to vote again.
If you wish to vote or change your vote, please follow the instructions on the virtual meeting website. The first proposal is to elect 10 directors for a term expiring at the 2027 annual meeting and until their respective successors are duly elected and qualified. The nominees for election designated by the board of directors are listed in our proxy.
The second proposal is to hold a non-binding advisory vote to approve the compensation paid to NetApp's named executive officers. The third proposal is to ratify the appointment of Deloitte & Touche as NetApp's independent registered public accounting firm for the fiscal year ending April 30th, 2027. The fourth proposal is to amend NetApp's certificate of incorporation to include an officer exculpation provision. The fifth proposal is a stockholder proposal regarding a stockholder right to act by written consent.
As the shareholder proponent is not present to present his proposal, we will not hold a vote on proposal five. The board of directors unanimously recommends that the stockholders vote for proposals one through four. The polls will close shortly, so please finish voting now. Likewise, if any shareholders have questions to submit to the company, please submit them via the virtual meeting site now.
It is now 3:35 P.M. Pacific, and I declare the polls closed. I will now report on the results of voting. According to the preliminary report of the Inspector of Elections, proposals one through four are approved. The final results of voting will be set forth in the report of the Inspector of Election and will be included in the minutes of this meeting.
The final results will also be reported in a current report on Form 8-K to be filed with the SEC. If there is no further official business to address, the formal portion of the annual meeting is now complete. We will now answer any questions submitted by shareholders.
There are no questions for management to respond to at this time. If any shareholders have follow-up questions, please reach out to me or the investor relations team after the meeting. I'll now turn the meeting back to George.
Thank you, Kris. The business for which this meeting was called has been completed. As there is no other business to come before the meeting, the meeting is hereby adjourned. Thank you for attending NetApp's 2026 annual meeting.
And that will conclude today's presentation. We do thank you for joining. You may now disconnect your lines.