Good morning. I'm Linda Filler, Chair of the Board of Veralto Corporation. I'm delighted to welcome all stakeholders to our third annual shareholders meeting as Veralto Corporation, whose purpose is to safeguard the world's most vital resources. As Chair of this meeting, I'm officially calling the meeting to order. Welcome, everyone. Joining us today are our 12 directors, including me as Board Chair, Jennifer Honeycutt, our CEO, Françoise Colpron, Daniel Comas, Shyam Kambeyanda, William King, Walter Lohr, Heath Mitts, Vijay Sankaran, John Schwieters, Cindy Wallis-Lage, and Thomas Williams. Also joining us today are all the members of the company's executive team. Representatives of Ernst & Young, the company's independent registered public accounting firm, have also joined us today.
We're eager for a productive meeting, fair to all shareholders, and here to guide us on the rules and procedures for this meeting is James Tanaka, Veralto's Corporate Secretary.
Thank you, Linda, and welcome everyone. As noted in the proxy statement, this meeting is being conducted as a virtual meeting. If we encounter any technical difficulties, we ask that you please stand by and allow us time to provide an update regarding the meeting. This meeting has been called pursuant to the Notice of Annual Meeting and Proxy Statement, which states the time, place, and purpose of the meeting and sets the record date for shareholders entitled to notice of and to vote at this meeting as March 23rd, 2026. An affidavit showing the proper notice of this meeting has been received, along with a list of certified shareholders as of the record date, each of which will be filed with the records of this meeting.
Our board has appointed Beth Vander Beek on behalf of Broadridge Financial Solutions to act as the inspector of election at this meeting, and she has taken the oath of inspector as required by law. The oath will be filed with the records of this meeting. As of the record date, the outstanding voting securities of the company consisted of 245,565,117 shares of our common stock. Our inspector has advised that the number of shares represented at this meeting in person through our virtual meeting platform or by proxy is at least 224,192,370 shares of our common stock, or approximately 91.29%, and therefore, a quorum is present. Most shareholders have already voted by proxy, and we've tallied those votes.
If you haven't yet voted or if you want to change your vote, you can vote online following the website instructions. It is 9:02 A.M. on Wednesday, May 13th, and the polls are now open for voting. The polls will close upon conclusion of discussion on the last item being voted on here today. We have three items of business on the agenda to be voted on. Detailed information concerning each of our proposals and the board's rationale for its recommendations is contained in the proxy statement. The company has not received notice from any of its shareholders, as required under our bylaws, of any other matter to be considered at today's meeting. Therefore, no other proposals may be properly introduced by shareholders. After the presentation of all the agenda items, we will open the floor for questions or comments.
You must be logged into the meeting website using your 16-digit control number in order to submit questions and comments, as well as to vote at the meeting. Questions or comments can be made during the meeting and will be answered before the voting is closed. We ask that any questions following the rules of conduct and procedures that have been made available to you on our virtual meeting website. Please include your name and affiliation of any, and state whether you're a shareholder or proxy for a shareholder when submitting a question for comment. No one attending via the webcast is permitted to use any audio recording device.
The first item of business is the election of four Class III directors, Jennifer Honeycutt, Linda Filler, Heath Mitts, and Thomas Williams, to serve for a one-year term expiring at the 2027 annual shareholder meeting and until their successor has been elected and qualified. Our board recommends a vote for each nominee. The second item of business is the ratification of the appointment of Ernst & Young as the company's independent registered public accounting firm for fiscal year 2026. Our board recommends a vote for proposal 2. The third item of business is the approval on an advisory basis of the company's named executive officer compensation or Say on Pay. Our board recommends a vote for proposal 3. We will now proceed to voting on the agenda items as well as a question and comment period relating to the agenda items.
I want to emphasize that if you have previously voted by proxy and do not wish to change your vote, you do not need to vote again on the virtual meeting website. Voting on the website revokes your prior proxy. If any shareholder has not yet voted or wants to change their vote, please do so prior to the closing of the polls. Does any shareholder have a question or comment relating to any of the agenda items? There are currently no questions submitted in the virtual shareholder portal that are pertinent to the item of business on the agenda. The polls will be closing momentarily. If any shareholder has not already voted but wants to change their vote, please do so at this time. We will pause for a brief moment to allow any last votes to be submitted.
Now that everyone has had an opportunity to vote, I declare the polls closed at 9:05 A.M. Based on the preliminary count of the inspector, each of the proposals to elect the Class III directors is approved. The ratification of Ernst & Young as our independent re-registered public accounting firm for the fiscal year 2026 is approved. The Say on Pay advisory vote is approved. The inspector will execute a certificate as to the results of the voting, and the certificate will be filed in the minute books of the company, along with the minutes of this meeting. The final voting results will be reported in a current report on Form 8-K within four business days after this meeting.
Thank you. In view of the results, I declare that each of the nominees for Class III director have been duly elected as a Class III director of the company. Proposals 2 and 3 have been approved. Ladies and gentlemen, that completes the business of the meeting, and I declare the meeting adjourned. Thank you for your attendance today and your continued support of our company.
The conference has now concluded. Thank you for attending today's presentation. You may now disconnect.