Good morning, and welcome to Shimmick Corporation's 2026 Annual Meeting of Stockholders. I'm Ural Yal, Chief Executive Officer of Shimmick Corporation. This annual meeting of stockholders is held pursuant to the bylaws of the company and written notice to all stockholders. You are participating in the meeting virtually. We appreciate your attendance, your interest, and your support of Shimmick Corporation. With me this morning is John Carpenter, our Executive Vice President and General Counsel, who will be serving as our secretary of this meeting. Also, with us virtually today are current members of our Board of Directors, Mitchell B. Goldsteen, Steven E. Richards, Geoffrey E. Heekin, Joseph A. Del Guercio, and Peter Kravitz. I want to introduce James Rake from American Election Services, LLC, who will act as Inspector of Elections for the meeting.
Karl Doherty of Deloitte & Touche LLP, our independent registered public accounting firm, is also with us today. The secretary has informed me that copies of the notice of meeting, proxy statement, and form of proxy have been mailed or made available to stockholders. Can you report on the number of shares entitled to vote?
As of the close of business on the April 20th, 2026 record date, Shimmick Corporation has 36,300,928 shares outstanding entitled to vote at this meeting. We're informed by the Inspector of Elections that are represented by virtual attendance or by proxy 25,540,860 shares of common stock, or approximately 70.4% of all the shares entitled to vote at this meeting. Therefore, we have a quorum to proceed with the meeting.
Thank you, John. Because holders of a majority of the shares entitled to vote at this meeting are present by virtual attendance or by proxy, I declare this meeting to be duly convened for purposes of transacting such business as may properly come before it. We have two items to be voted on today. The first item of business is the re-election of directors for a one-year term of office. The Board's director nominees are Mitchell B. Goldsteen, Joseph A. Del Guercio, Geoffrey E. Heekin, Peter Kravitz, and Ural Yal. The second item of business is the ratification of the appointment of Deloitte & Touche LLP, as our auditors for fiscal year 2026. Our board recommends a vote for all board nominees and for the ratification of our auditors. It is now 8:03 A.M. on June 2nd, 2026, and the polls for voting on all matters are open.
Our stockholders entitled to vote at this meeting have the ability to do so online. If you're a stockholder entitled to vote and have not yet voted, or if you want to change your previously cast vote, please do so via the website used to access this meeting. Please remember that if you already have voted by proxy, it is not necessary to vote again. After voting has been completed on all matters on the agenda, we will close the polls, and the secretary will provide his preliminary report. The polls are about to close, so if you have not yet voted, please do so. Since everyone has had the opportunity to vote, it is now 8:04 A.M., and the polls are closed. I will now ask the secretary to report on the results of the voting.
Based on the current tabulation of votes, stockholders have voted to re-elect the nominees to the board of directors and to ratify the appointment of Deloitte & Touche LLP, as our auditors for fiscal year 2026.
Thank you, John. With the formal portion of this meeting having been completed and the polls now closed, I declare the formal portion of this meeting adjourned. This concludes our proceedings for today. Thank you for attending and we appreciate your continued interest in Shimmick Corporation.
Ladies and gentlemen, this concludes the meeting. Thank you for joining. You may now disconnect.