Good morning, welcome to the 2026 Annual Meeting of Stockholders for StandardAero, Inc. We are excited to be hosting a virtual stockholder meeting, which allows us to reach a greater number of our stockholders. I will now turn the line over to Russell Ford.
Thank you, good morning. I'm Russell Ford, Chief Executive Officer and Chairman of the Board for StandardAero, and chairman of today's meeting. I'm happy to welcome you to our 2026 Annual Meeting of Stockholders. Before I call the meeting to order, let me start by saying that we are very pleased to have members of our Board of Directors joining us today. Also joining this meeting are Daniel Satterfield, our Chief Financial Officer, and Michael Kaplan, our Chief Legal Officer and Corporate Secretary. Additionally, we're joined by representatives of PricewaterhouseCoopers, the company's independent registered public accounting firm, who will be available to respond to appropriate questions during the question and answer portion of the meeting. The meeting will now officially come to order. We will proceed with the formal business as set forth in the Notice of Annual Meeting and Proxy Statement.
The polls open today, June 25th, 2026, at 9:45 A.M. Eastern Time for voting on all matters before the meeting. If you've not already voted and wish to vote, the polls will remain open until we finish presenting the proposals and close the polls. You do not need to vote during the meeting if you have already voted and do not wish to change your vote. On the virtual meeting webpage, you'll find the agenda and rules of conduct. Please review them carefully. Note that only stockholders who are logged in using their 16-digit control number will be able to vote and submit questions today. Our corporate secretary will file the proof of mailing of notice with the records of the meeting. All stockholders of record at the close of business on April 27th, 2026, or holders of a valid proxy are entitled to vote at today's meeting.
At this time, I'd like to introduce John Halowa, a representative of Broadridge Financial Services. The Board of Directors has appointed a representative of Broadridge to act as Inspector of Election at today's meeting. Mr. Halowa has signed the customary oath of office to execute his duties with strict impartiality. We will file this oath with the records of the meeting. I've been informed that a quorum is present at this meeting in person or by proxy. Therefore, I hereby declare this meeting to be duly constituted for the transaction of business. There are three proposals to be considered by the stockholders today. The Board of Directors recommends that the stockholders vote for Proposals one, two, and three.
The first item of business is the election of Douglas Brandely, Wendy Masiello, and Stefan Weingartner to serve as Class II Directors of the company for a term of office expiring at the annual meeting of stockholders to be held in 2029 and until their respective successors have been duly elected and qualified. The second item of business is the ratification of the appointment of PricewaterhouseCoopers as the company's independent registered public accounting firm for the fiscal year ending December 31st, 2026. The third item of business is the approval on an advisory and non-binding basis of the compensation of our named executive officers. While this vote, which is often called a say-on-pay vote, is non-binding, the Compensation Committee and the Board of Directors will consider the results of this vote when making future compensation decisions. That was the final proposal for today's meeting.
Any stockholder who has not yet voted via proxy, telephone, or internet, or who wishes to change their vote, may do so now by clicking on the voting button on the web portal and following the instructions. You do not need to vote electronically if you have already sent in your signed proxy or if you voted by telephone or internet. We will pause for a moment to allow stockholders to finish voting. The time is now 10:06 A.M. Eastern Time on June 25th, 2026, and the polls are now closed for voting. I've received a preliminary report of the Inspector of Election to be kept for the company's records. Based on the preliminary report of the Inspector of Election, Douglas Brandely, Wendy Masiello, and Stefan Weingartner have been duly elected as Class II officers.
The appointment of PricewaterhouseCoopers as our independent registered public accounting firm for the fiscal year ending December 31st, 2026, has been ratified, and the stockholders have approved on an advisory and non-binding basis the compensation of the company's named executive officers as set forth in the proxy statement. The final tally of the votes will be published within four business days in a Form 8-K to be filed with the Securities and Exchange Commission. As there is no further business to come before the meeting, the 2026 Annual Meeting of Stockholders for StandardAero is now adjourned. With the meeting adjourned, the management team and I are now available to answer any questions.
Please note that we will only be answering questions that are within the parameters of the rules of conduct, and only stockholders who have logged in using their 16-digit control number are able to submit a question through the Q&A area of the web portal are there any questions that have been submitted?
Yes. The first question is, "What effect is the closing of Spirit Airlines going to have on StandardAero?
The Spirit Airlines fleet uses Pratt & Whitney geared turbofan engines. We do not currently do engine overhauls on that platform. Therefore, the Spirit Airlines shutdown did not impact StandardAero at all. Any other questions?
There are no further questions. Russ, please proceed with any closing remarks.
Okay. Thank you. Our meeting is now closed. I want to thank everyone for attending and also for your interest and continued support of StandardAero. Thank you.
The conference has now concluded. Thank you for attending today's presentation. You may now disconnect.