Good morning and welcome to the SelectQuote Inc. 2025 Annual Meeting of Stockholders. I would like to hand the meeting over to Donald Hawks III, Chairman of the Board of Directors.
Thank you, Operator. On behalf of the Board of Directors and the management of SelectQuote Inc., I welcome you to the 2025 Annual Meeting of the Stockholders of SelectQuote Inc. We appreciate your attendance at today's virtual meeting. It is now shortly after 9:00 A.M. Central Time on November 11, 2025, and in accordance with the notice of the meeting, I ask that this Annual Meeting of the Stockholders of SelectQuote Inc. come to order. Also with me today is Tim Danker, Chief Executive Officer and Director, and Al Boulware, General Counsel and Secretary of the Company. Al will serve as Secretary of today's meeting. Also present at this meeting are members of the Company's Board of Directors and members of the Company's management. James Byrd and Jenny Fott of Deloitte & Touche LLP, our independent registered public accounting firm, are also with us. Mr. Byrd and Ms.
Fott will be available to answer any questions you may have regarding the audit. Also joining us today is Peter W. Descovich on behalf of Broadridge Financial Solutions Inc., who is serving as the Inspector of Elections for today's meeting. Mr. Descovich has taken the oath of Inspector of Elections prior to this meeting. For those viewing the live webcast of our virtual meeting today, a link to an agenda for the meeting is available on the webcast. We will conduct the meeting in accordance with that agenda. Also available on the virtual meeting website is a link to the rules of conduct for today's meeting. In accordance with these rules, you should ask, and we intend to answer, only questions that are appropriate and relevant to the three proposals being considered at today's meeting.
We kindly ask that all participants respect these rules so that we may conduct an orderly meeting. Prior to the start of this meeting, our Online Stockholders Forum has been open for questions regarding the proposals on the agenda. If you have any questions about any of these proposals, any of the three proposals on the agenda, and you haven't submitted them yet, we ask that you submit them now via the Ask a Question tool on the virtual meeting platform to ensure that we have sufficient time to answer your questions before the polls close. To ensure all stockholders have the opportunity to participate, we will respond to no more than two questions from a single shareholder. If you have already submitted your proxy, you need not do so again unless you wish to change your vote.
For those who have not voted and wish to vote now, please go to the voting area, which is located on the lower middle side of the web page to the left of the Meeting Materials section. Click on the words "Vote Here" to complete and submit your ballot. Al, has the notice of this meeting been given to all stockholders?
Yes, it has. Under the General Corporation Law of the State of Delaware, an affidavit has been prepared stating that the notice of an annual meeting of stockholders to be held on November 11, 2025, and a proxy, along with voting instructions, was mailed or made available on or about October 2, 2025, to all stockholders of record at the close of business on September 23, 2025. Also, as required by the General Corporation Law of the State of Delaware, a complete list of the stockholders entitled to vote at this meeting is available. That list and the affidavit of mailing will be filed with the records of the Company pertaining to this annual meeting.
As we share information today to help you better understand our business, it is important to note that we may make statements in the course of this meeting that state our intentions, hopes, beliefs, expectations, or predictions of the future. These and all other statements, except for statements of historical fact, constitute forward-looking statements for purposes of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. SelectQuote's actual results could differ materially from those projected in any forward-looking statements that may be made. We disclaim any intention or obligation to revise any forward-looking statements except as required by law. Additional information concerning factors that could cause actual results to differ materially from those contemplated by our forward-looking statements is contained in documents we file with the SEC, including but not limited to our most recent reports on Form 10-K, 10-Q, and 8-K.
In particular, please refer to the risk factors described in our Form 10-K for the year ended June 30, 2025, which was filed with the Securities and Exchange Commission on August 21, 2025, and our Form 10-Q for the period ended September 30, 2025, which was filed with the SEC on November 6, 2025, in addition to our subsequent filings with the SEC.
Is there a quorum present?
Yes. The Inspector of Elections has informed the Company that the majority of the shares entitled to vote are represented at this meeting in person or by proxy.
Thanks, Al. As notice of this meeting has been given to all stockholders entitled to receive such notice and a quorum is present, it is my pleasure to declare this Annual Meeting of the Stockholders of SelectQuote Inc. to be lawfully convened and to welcome you to this meeting. I will now call upon Al to introduce the proposals.
Thank you, Don. There are three proposals on the agenda today. The first proposal is to elect two Class III Director nominees, each to serve until the 2028 Annual Meeting of the Stockholders and until their successors are duly elected and qualified, subject to their earlier resignation or removal. The two nominees are Donald L. Hawks III and Denise L. Devine. The Board of Directors recommends a vote for each of the nominees. The second proposal is to ratify the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the year ending June 30, 2026. The Board of Directors has recommended a vote for the approval of this proposal. The third proposal is the non-binding advisory vote to approve the compensation of the Company's named executive officers. The Board of Directors has recommended a vote for the approval of this proposal.
I move that each of the proposals be approved.
I second the motion.
Information supporting the recommendation of the Board of Directors regarding each proposal is set out in the Proxy statement. If any shareholder has questions or comments specifically relating to any of the proposals, please submit them through the online portal now if you haven't done so already. We will now pause to review any questions submitted on the proposals. As a reminder, we will only consider questions related to the three proposals at this time.
No proposal-related questions have been submitted.
We will now move on to the voting. If you have already submitted your proxy, you need not do so again unless you wish to change your vote. For those who have not voted and wish to vote now, please do so pursuant to the instructions on the virtual meeting platform. We will now pause for one minute to allow those who have not yet voted to vote. I now declare the polls closed and direct the Inspector of Elections to tabulate the votes and report the preliminary results of the voting.
I have completed tabulating the votes.
Al, please report the votes for each of the matters voted upon today.
The Inspector of Elections has provided a preliminary tabulation of votes, and based on the preliminary tabulation and reports, we confirm on a preliminary basis as follows. Regarding Proposal 1, the plurality of the votes cast at the meeting have elected each of Donald L. Hawks III and Denise L. Devine to serve as Directors until the 2028 Annual Meeting of Stockholders and until their respective successors are elected and qualified, subject to their earlier resignation or removal. Regarding Proposal 2, the ratification of the appointment of Deloitte & Touche as the Company's independent registered public accounting firm, as described in the proxy statement, has received the affirmative vote of a majority of shares present in person or represented by proxy and entitled to vote at the meeting.
Regarding Proposal 3, the compensation of the Company's named Executive Officers as disclosed in the proxy statement pursuant to the compensation disclosure rules of the SEC has received the affirmative vote of a majority of the shares present in person or represented by proxy and entitled to vote at the meeting.
Thank you, Al. Subject to the final tabulation of the votes, I therefore can declare the following: Ms. Devine and Mr. Hawks have each been elected as a Class III Director of the Company to hold office until the 2028 Annual Meeting of Stockholders or until their successors are duly elected and qualified. The appointment of Deloitte & Touche as the Company's independent registered public accounting firm for the fiscal year ending June 30, 2026, has been ratified, and the stockholders have voted to approve on a non-binding advisory basis the compensation of the Company's named executive officers as detailed in the proxy statement. Al will file the report on the voting related to all of the proposals in the records of this meeting. That concludes the official business, and I therefore declare this Annual Meeting adjourned. Thank you for attending SelectQuote's 2025 Annual Meeting of Stockholders.
The conference has now concluded. Thank you for attending today's presentation. You may now disconnect.