Welcome to the May 28th, 2026 annual meeting of shareholders of Dycom Industries, Inc. I will now turn it over to Richard Sykes, Chairman of the Board. Welcome. I'm Richard Sykes. In pursuant to the corporation's bylaws, I will chair this meeting, and Ryan Urness will act as secretary. I'll briefly turn this meeting over to the secretary for some preliminary instructions. Thank you, Mr. Chairman. The statements made during this meeting and during any Q&A that follows may be forward-looking in nature and are provided pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include all comments reflecting expectations, assumptions, or beliefs about future events or performance that do not relate solely to historical periods. Forward-looking statements are subject to risks and uncertainties, which may cause actual results to differ materially from current expectations, including those risks described in our annual report on Form 10-K, filed March 9, 2026, and the corporation's other filings with the U.S. Securities and Exchange Commission. The corporation assumes no obligation to update any forward-looking statements. This meeting will be conducted pursuant to the agenda and in accordance with the rules of conduct that are available online. You may submit questions at any time during the annual meeting using the field provided on the web portal. Comments and questions that are not directly related to the business of the meeting will not be addressed during the course of the meeting. Mr. Chairman. Thank you. The meeting is now called to order. On behalf of the board of directors and the management of the corporation, thank you for your attendance today. Today, in addition to myself, we have the following Directors of the corporation in attendance: Luis Avila-Marco, Jennifer Fritzsche, Philip Gallagher, a nominee Director, Eitan Gertel, Stephen LeClair, a nominee Director, Daniel Peyovich, Dycom CEO, Peter Pruitt, a nominee Director, Carmen Sabater, Raejeanne Skillern, a nominee Director, and Laurie Thomsen. Also in attendance is Beth VanDerb eck, who is serving as the Inspector of Elections from The Carideo Group, and Suzanne Hubbard, partner of PricewaterhouseCoopers, LLP, the corporation's independent auditor. Mr. Secretary, please present documentation regarding the notice of the meeting. Mr. Chairman, the documents to be reflected in the minute book of the corporation regarding notice given for today's meeting are as follows. A Notice of Meeting dated April 16, 2026, setting forth the time, place, and purpose of the meeting. An Affidavit of Mailing confirming that all registered shareholders, banks, brokers, and nominees as of the April 1, 2026 record date were mailed the proxy materials for this meeting. Thank you. Ms. VanDerbeck executed oath as Inspector of Elections will also be filed with the meeting minutes. The inspector will now count the number of shares represented at this meeting. Mr. Chairman, of the 30,018,599 shares of the corporation stock that were issued and outstanding on the record date, at least 26,927,990 shares, or 89.7% of shares, are represented in person or by proxy. Thank you, Ms. VanDerbeck. As a quorum is confirmed present, the meeting is open, and the quorum report of the Inspector of Elections will be filed with the meeting minutes. The polls are currently open. If there are any shareholders who have not submitted a proxy and desire to vote their shares now, or if you wish to change your vote, in either case, you may do so online by clicking the voting tab on the bottom of your screen. You may do so until the polls close. The inspector will tabulate the votes for the three proposals being voted on today, which are Proposal Number one, the election of four directors, Mr. Gallagher, Mr. LeClair, Mr. Pruitt, and Ms. Skillern. Mr. Gallagher, Mr. LeClair, and Mr. Pruitt have each been nominated to serve for a term of three years. Ms. Skillern has been nominated to serve for a term of one year. Proposal Number two, a non-binding advisory vote to approve the compensation of the corporation's named executive officers. Proposal Number three, the ratification of the appointment of PricewaterhouseCoopers as the corporation's independent auditor for fiscal 2027. There being no further discussion or questions, I hereby declare that the polls are closed and no ballot, proxy, vote, or any revocation thereof will hereafter be accepted by the Inspector. Ms. VanDerbeck, please present the preliminary vote results. Mr. Chairman, all preliminary votes have been counted. A majority of votes at this meeting were cast for each of the director nominees and for each of Proposal Number two and Proposal Number three. The chair accepts the report of the Inspector of Elections and declares that all nominee directors have been elected and that Proposals two and three have passed. On behalf of the board of directors, we thank our shareholders for the confidence they have expressed today with their votes. There being no other business to come before the meeting, the chair requests a motion to adjourn. Mr. Chairman, I move that the meeting be adjourned. Hearing no objections, the meeting is adjourned. Before we proceed to the question and answer session, I would like to take this opportunity to thank Ms. Laurie Thomsen and Mr. Avila-Marco, who are retiring from the board at the conclusion of this meeting, for their invaluable service as members of our board. We will now move to the Q&A session. Questions can be submitted through the designated field in the web portal. Dycom's President and Chief Executive Officer, Dan Peyovich, and Senior Vice President and Chief Financial Officer, Drew DeFerrari, will be pleased to address your questions. We ask that you please focus your questions on topics relevant to the company's business and the matters discussed during today's meeting. As we have no questions at this time, I'll turn the meeting back to the chairman. I'd like to thank everyone for attending our annual meeting of the shareholders today. I hope everyone stays safe and healthy. The meeting has now concluded. You may now disconnect.
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