Welcome to the Maplebear Inc. 2026 annual stockholders meeting. Please note that the discussion today may include forward-looking statements, and the company's actual results may differ materially from those discussed here. Additional information concerning factors that could cause such a difference can be found in the company's most recent quarterly report on Form 10-Q filed with the SEC. Any forward-looking statements that the company makes on this call are based on beliefs and assumptions today, and the company does not have any obligation to update them. I would now like to introduce Instacart's Chief Executive Officer, President, and Chairperson of Instacart's Board of Directors, Chris Rogers. Thank you. Good morning, everyone. I'm happy to welcome you to Instacart's 2026 annual stockholder meeting. We're so glad you're able to join us. On behalf of the entire Instacart team, thank you for your support. We're also joined virtually today by members of our board of directors, our Chief Financial Officer, Emily Reuter, our Chief Legal and Global Affairs Officer and Secretary, Morgan Fong, our Chief People Officer, Christina Hall, and our Head of Investor Relations, Rebecca Yoshiyama. Also on the line are representatives from PwC, Instacart's independent registered public accounting firm, and Cooley, Instacart's outside legal counsel. In addition, I would like to take a moment to thank Michael Moritz, who is retiring from our board today. His exceptional guidance has been instrumental in our growth and success as a public company. We deeply appreciate his many contributions over the years. At this time, I officially call the meeting to order. It is now 9:31 P.M. Pacific Time on May 22nd. The polls are now open for voting. I will turn it over to Morgan, our secretary, to report on the mailing of the notice of this meeting, the presence of a quorum, and other business we will consider today. Thank you, Chris. We will now proceed with the formal business of the meeting in the order set forth in the notice of annual meeting and proxy statement. You have access to the rules of conduct for this meeting under the heading Meeting Materials on the virtual meeting screen. In order to conduct an orderly meeting, we ask that you follow these rules. As Chris mentioned, the polls are open for voting on the matters to be presented. We will first present the three proposals submitted for approval by our board. If any stockholder would like to ask a question about a proposal, please submit your question through the text box under the heading Ask a Question on the virtual meeting screen. After I describe all items to be voted on, we will close the polls. We will not accept any ballots, proxies, revocations, or changes after the closing of the polls. If you have already submitted your vote by proxy and do not wish to change your vote, you do not need to do anything further. Your shares will be voted as previously instructed. If you have not yet voted, I encourage you to vote here now by submitting your vote online via the virtual meeting website. After the formal part of our meeting has concluded and voting has closed, we will take questions from stockholders that are validly submitted. Only questions relevant to the purpose of this meeting will be addressed. I am now reporting that I have an affidavit certifying a notice of this annual meeting of stockholders was deposited in the United States mail on April 9th, 2026, to all stockholders of record as of the close of business on April 1st, 2026. At this time, I'd like to introduce Kathy Wheaton, who is present virtually and who has been appointed to act as Inspector of Elections at this meeting. Kathy has taken and subscribed the customary oath of office to execute her duties with strict impartiality. We will file this oath with the records of the meeting. Her function is to decide upon the qualifications of voters, accept their votes, and when balloting for all matters is completed, to tally the final votes. Kathy has confirmed that at this time, we have received the necessary votes to constitute a quorum for this meeting. As provided in the notice of annual meeting of stockholders, the purpose of this meeting is to address three items of business. The first item of business is the election of two Class III directors to serve until 2029's annual meeting. The nominees for Class III directors are Meredith Kopit Levien and Lily Sarafan. Our board recommends that you vote for the election of these director nominees. The second item of business today is the ratification of the appointment of PricewaterhouseCoopers as the independent registered public accounting firm for the company for the fiscal year ending December 31st, 2026. Our board recommends that you vote for this proposal. The third and final item of business today is a non-binding advisory vote on the executive compensation of the company's named executive officers, as described in the proxy statement. Our board recommends that you vote for this proposal. That was the final proposal for today's meeting. It is now 9:35 A.M Pacific Time. I now declare the polls closed. The preliminary report of the Inspector of Elections covering the proposals presented at this meeting is as follows. The proposal to elect Meredith Levien and Lily Sarafan as Class III directors of the company is carried. The selection of PricewaterhouseCoopers as the company's independent registered public accounting firm for the fiscal year ending December 31st, 2026, is ratified. The resolution concerning the advisory vote on the executive compensation of the company's named executive officers is approved. We expect to report our final voting results on a Form 8-K to be filed with the SEC within four business days after the ending of this meeting. This concludes the formal portion of today's meeting. We will now take a moment to see whether there are any questions submitted by our stockholders that are relevant to the business of this meeting. Seeing no questions relevant to this meeting, we will close the meeting. Thank you again for attending and for your continued support of Instacart. The conference has now concluded. Thank you for attending today's presentation. You may now disconnect.