Hello, and welcome to the Annual Meeting of Stockholders of Acadian Asset Management, Inc. Please note that today's meeting is being recorded. During the meeting, we'll have a question and answer session. You get to make questions or comments at any time by clicking on the message icon. It is now my pleasure to turn today's meeting over to John Paulson, Chairman of the company's Board of Directors. Mr. Paulson, the floor is yours. Thank you. Good morning. I would like to welcome you to the 2026 Annual Meeting of Stockholders of Acadian Asset Management. I am John Paulson, Chairman of the company's Board of Directors and will be acting as chairman of this meeting. We are excited to be hosting a virtual meeting, which allows us to be more inclusive and reach a greater number of our stockholders. At this time, I call the meeting to order. We will conduct the business portion of our virtual meeting first and answer general questions afterwards. If you want to ask a question or provide a comment today, please follow the instructions provided on the virtual meeting website. You have access to a copy of the rules of conduct for today's meeting on the virtual meeting website. We will follow them closely so that we can conduct this meeting as efficiently as possible. I would like to begin by introducing the other current members of the board, Robert Chersi, Andrew Kim, Barbara Trebbi, and Kelly Young. I would also like to introduce Richard Hart, our Chief Legal and Administrative Officer and Company Secretary, will serve as the secretary of the meeting and record the proceedings. Also with us today is Christine St. Hilaire of KPMG LLP, the company's independent registered public accounting firm. I will now like to start the formal proceedings of the meeting. As we have a quorum, I now declare the meeting open for the purposes of transacting such business as may properly come before it. Mr. Hart has been provided with an affidavit of Computershare Trust Company, the registrar and transfer agent for the company shares as to the mailing or distribution of the notice of the meeting, which states that on or about April 29, 2026, notice of the meeting and the internet availability of the proxy materials was mailed or distributed to the stockholders of record as of the close of business on April 20, 2026, the record date for the meeting. The requisite notice of the meeting has been given. The company's 2025 annual report on Form 10-K and 2026 statement have been made available to stockholders and are available for reviewing on the virtual meeting website. A representative of Computershare is acting as the inspector of election for the meeting. The inspector of election has signed an oath to act as such, and this oath will be filed with the records of the company. Richard? Thanks, John. If you have not already voted and you wish to vote at the meeting, please follow the instructions provided on the virtual meeting website. The final results of voting will be included in a filing with the SEC on Form 8-K within four business days following the conclusion of the meeting. You have three options for proposals one, two, three, and four. For each of proposals one, two, three, and four, you can vote for such proposal, against such proposal, or abstain from voting on such proposal. In accordance with the company's bylaws, the election of directors shall be decided by the affirmative vote of a majority of the votes cast, and all other matters shall be decided by the affirmative vote of a majority of shares present in person or represented by proxy at the meeting and entitled to vote thereon. John? We will now proceed to vote on the proposals, which I will formally present to the meeting. I note that the date is June 11th, 2026, and the time is 10:37 A.M. Polls for voting on all matters are open at this time. The full text of, and background and recommendations on, the proposals is set out in the notice of the meeting and the proxy materials that have been made available to you. If you wish to ask a question or make a comment on these proposals, please follow the instructions provided on the virtual meeting website. The first proposal relates to the re-election of the directors of the company. The following candidates have been recommended by the board's nominating and corporate governance committee as nominees for director, and the board has accepted such recommendations and nominated John Paulson, Robert Chersi, Andrew Kim, Barbara Trebbi, and Kelly Young. The board has recommended that each of these directors be reelected as directors. I now propose that John Paulson, Robert Chersi, Andrew Kim, Barbara Trebbi, and Kelly Young each be reelected as a director. The next proposal relates to the ratification of the audit committee's appointment of KPMG LLP as the company's independent registered public accounting firm for the year ending December 31st, 2026. The board has recommended that stockholders ratify the selection of KPMG. I now propose that the appointment of KPMG as the company's independent registered public accounting firm be ratified. The next proposal is a non-binding stockholder advisory vote related to the compensation of the company's named executive officers as described in the company's proxy statement. The board has recommended the approval of the compensation of the company's named executive officers. I now propose that the compensation of the company's named executive officers, as described in the 2026 proxy statement under compensation discussion and analysis, be approved on an advisory basis. The next proposal is the stockholder vote relating to the company's 2026 Equity Incentive Plan as contained in Appendix A to the 2026 proxy statement. The board has recommended the approval of the company's 2026 Equity Incentive Plan. I now propose that the company's 2026 Equity Incentive Plan be approved. John, I can confirm that we have not received any questions or comments from the stockholders on the proposals being acted on. Thank you, Richard. There being no discussion on these proposals, we will now pause to allow for the completion of voting. John, the voting is completed. Thank you, Richard. I note that the date is June 11th, 2026, and the time is 10:41 A.M. The polls for voting on all matters are hereby closed. Mr. Hart, will you please announce the preliminary voting results? Thanks, John. The preliminary report of the Inspector of Election indicates that the stockholders have approved by a vote of a majority of the votes cast at the meeting, whether in person or by proxy, the reelection of all the directors proposed for reelection at the meeting. By a vote of a majority of the shares present in person or represented by proxy at the meeting, the ratification of the appointment of KPMG as the company's independent registered public accounting firm for 2026, the compensation of the company's named executive officers as described in the 2026 proxy statement, and the company's 2026 Equity Incentive Plan. The final results of the voting will be included in a current report on Form 8-K to be filed with the SEC within four business days. Thank you, Richard. This completes the business to be conducted at this meeting. Since there are no other matters to come before the meeting, I hereby declare this meeting adjourned. At this time, I would like to open the floor to any questions that stockholders may have. If you have any questions relating to the company, you may raise them now by following the instructions on the virtual meeting website. Only matters that may concern all stockholders should be raised at this time. With no questions from stockholders, we will now conclude this question-and-answer session. Thank you for your interest and attendance. This concludes the meeting. You may now disconnect.