Thank you for standing by, and welcome to the Welltower Inc A nnual Meeting of Shareholders. I will now turn the meeting over to Ken Bacon. You may begin.
Good morning, everyone. I'm Ken Bacon, Chair of the Board of Welltower, and I'd like to welcome you to the Annual Meeting of Welltower Shareholders. I now formally call the meeting to order. Our agenda includes introductions of our members of the Board of Directors and important guests, who will then conduct the formal business of the meeting. As you are aware, today's virtual-only meeting is a live webcast. We believe it is important to engage with our shareholders, and we hope that this virtual meeting will maximize attendance regardless of location. Thank you very much to those of you who are attending our meeting today, and to those of you who have submitted questions. Shareholders will continue to be able to submit questions until the conclusion of the meeting. As a reminder, taking any photographs or screenshots or recording audio or video of the meeting is strictly prohibited.
I would like to introduce my fellow board members who are attending our meeting today: Shankh Mitra, our Chief Executive Officer; Karen DeSalvo; Andrew Gundlach; Dennis Lopez; Ade Patton; Sergio Rivera; Johnese Spisso; and Kathryn Sullivan. I would also like to introduce Tim McHugh, Co-President and Chief Financial Officer; Nikhil Chaudhri, our Co-President and Chief Investment Officer; John Burkart, Vice Chairman and Chief Operating Officer; and Matt McQueen, Chief Legal Officer and General Counsel, who will join me today along with several other members of my management team who are listening in. [Derek Batteman] is the representative of Welltower's independent registered public accounting firm, Ernst & Young, and is also present and available to respond to appropriate questions. Finally, I would like to introduce Mr. Peter Descovich from Broadridge, who has been appointed by the company to act as the Inspector of Election.
Before we move to the formal business of today's meeting, I would like to call your attention to the rules of conduct, which are in place to ensure a fair and orderly meeting for all shareholders. You can access the rules of conduct in the Meeting Materials section of the meeting website. We appreciate your cooperation in observing the rules throughout the meeting. Thank you all for joining us today, and now on to the formal business of today's meeting. The board has appointed a representative of Broadridge Financial Solutions to act as the independent Inspector of Election for today's meeting. The inspector has taken and signed the inspector's oath, which will be incorporated into the minutes of today's meeting.
The Board of Directors set March 26th, 2026 as the record date for the shareholders meeting, and the Inspector of Election has provided an affidavit attesting to the fact that the proxy materials were mailed to all shareholders of record on or about April 10, 2026. Notice of meeting and the affidavit will be incorporated into the minutes of the meeting. We were informed by the Inspector of Election that a majority of the company's voting shares outstanding on the record date were represented here today. A quorum is present, and the meeting may proceed. It is now 9:34 A.M. Central Time. The polls are now open. At this meeting, shareholders are being asked to vote on three matters. The board recommends that you vote for the election of each director named in the company's proxy statement under Proposals 2 and 3.
You can find more information about these proposals in the proxy statement, which you can access along with our Annual Report in the Meeting Materials section of the meeting website. We will close the polls on all matters shortly. Many shareholders have already submitted their proxies. If you have not voted or wish to change your vote, please do so now by clicking on the Vote Here link on the meeting website. If you have already voted and do not wish to change your vote, you need not take further action. The first item of business today is the election of nine director nominees to hold office until the next Annual Meeting of Shareholders. The Board of Directors has proposed Mr. Bacon, Dr. DeSalvo, Mr. Gundlach, Mr. Lopez, Mr. Mitra, Mr. Patton, Mr. Rivera, Ms. Spisso, and Ms. Sullivan be so elected.
The second item of business today is the ratification of the selection of Ernst & Young LLP as independent registered public accounting firm for the year ending December 31, 2026. The third item of business today is the approval on an advisory basis on the compensation of our named executive officers. It is now 9:36 A.M. Central Time. The polls are now closed. I will now call upon our Inspector of Election for his preliminary report as to the voting results. Based on the preliminary review of the votes, the Inspector of Election has informed me that each director has been elected, Proposal 2 has been approved, and Proposal 3 has not been approved. This concludes the formal business of the meeting. We plan to publicly announce the official voting results after all of the verifications have been completed by our Inspector of Election.
Following this meeting, our Inspector of Election will furnish a written report with the final vote count with respect to the matters voted on today, which will be included in the minutes of the meeting. Responses to shareholder questions that were submitted prior to and during the meeting will be posted to the company's 2026 virtual annual meeting website under Meeting Materials shortly after this meeting. This concludes today's meeting, which is now adjourned. Thank you everyone for attending Welltower's Annual Meeting, and as always, thank you for your continued support.
This concludes today's meeting. You may now disconnect.