Welcome to the annual meeting for 4D Molecular Therapeutics, Inc. Our host for today's call is Dr. John Milligan, Director and Executive Chairman. I will now turn the call over to your host. Dr. Milligan, you may begin. Good morning, ladies and gentlemen. I am John Milligan, Director and Executive Chairman of the Board of Directors of 4D Molecular Therapeutics. I welcome you to the virtual 2026 annual meeting of stockholders. As previously announced, we are holding our 2026 annual meeting virtually this year to allow greater participation and improved communication, and provide savings for our stockholders and the company. Upon joining the meeting electronically, an agenda for the meeting should have become available on your screen. At the bottom of the screen, a list of rules of conduct for the meeting should be available. In order to conduct an orderly meeting, we ask that participants abide by these rules. We appreciate your cooperation in this matter. Before I call the meeting to order, I would like to introduce to you the other members of the management team who are with us virtually today. David Kirn, MD, Director, President, and Chief Executive Officer, Kristian Humer, Chief Financial Officer, and Scott Bizily, Chief Legal Officer and Corporate Secretary. I would also like to introduce the current members of the company's Board of Directors, Jacob Chacko, Susannah Gray, Nancy Miller-Rich, Charles P. Theuer, Shawn Tomasello, and Glenn Sblendorio. Gary Wozniak, Representative of Broadridge Financial Solutions Inc., as Inspector of Election, and Ousmane Caba, a Partner at PricewaterhouseCoopers LLP, the company's independent registered public accounting firm, are also present today. Dr. Bizily will act as secretary of the meeting and record the proceedings. The virtual meeting will now come to order. We will proceed with the formal business of the meeting as set forth on the notice of annual meeting and proxy statement. Please note we will answer any questions submitted through the web portal at the end of the meeting. Will Dr. Bizily please report at this time with respect to the mailing of the notice of the meeting and the stockholders' list? I have confirmed with Broadridge that we have a complete list of the stockholders of record of the company's capital stock on April 20th, 2026, the record date for this meeting. I also have an affidavit certifying that on April 28th, 2026, a notice of annual meeting of stockholders of the company was sent either by United States mail or email to all stockholders of record at the close of business on April 20th, 2026. I hereby appoint Broadridge to act as Inspector of Election at this meeting and any adjournment or postponement of this meeting. Gary Wozniak, Representative of Broadridge, has taken and subscribed the customary oath of office to execute his duties with strict impartiality, which we filed with the records of this meeting. His function is to decide the qualifications of voters, accept their votes, and when balloting on all matters is completed, to tally the ballots cast as to each matter. Will the secretary please report at this time with respect to the existence of a quorum? I am informed that based on the number of proxies received to date, a quorum is present, and the meeting will proceed. I hereby declare this meeting to be duly constituted for the transaction of all business. Are there any additional proxies to be submitted to the Inspector of Election at this time? We will now proceed with the formal business of this meeting. There are three proposals to be considered by the stockholders at this meeting. They are to elect three Class III directors to hold office until 2029 annual meeting of stockholders, or until their successors are elected, to ratify the appointment by the audit committee of our Board of Directors of PricewaterhouseCoopers LLP as the independent registered public accounting firm of the company for the fiscal year ending December 31st, 2026, and to approve, on an advisory and non-binding basis, the compensation of the company's named executive officers for the same pay period. In accordance with the advance notice provision in the bylaws of the company, stockholders are required to provide advance notice of their intent to nominate candidates for directors. No such notices were received. Therefore, I declare the nominations for directors closed. The time is now 10:34 A.M. Pacific Time on June 17th, 2026. The polls are now open for voting on all matters to be presented. The polls will be closed to voting after we go through the matters to be voted upon. The following individuals have been nominated to the board of directors to serve until the 2029 annual meeting of stockholders. Nancy Miller-Rich, John F. Milligan, PhD, and Shawn Tomasello, MBA. The nominees receiving the highest number of four votes will be elected. Are there any questions or comments on this proposal? The Board of Directors recommends that the stockholders vote for the ratification of the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending December 31st, 2026. The affirmative votes of the majority of votes cast affirmatively or negatively, excluding abstentions and broker non-votes, is required for approval. Are there any questions or comments on this proposal? The board of directors recommends that the stockholders vote for the approval of the compensation of our named executive officers. The affirmative votes of the majority of votes cast affirmatively or negatively, excluding abstentions and broker non-votes, is required for approval. Are there any questions or comments on this proposal? Voting is by proxy and virtual ballot. It is not necessary to vote by virtual ballot if you have previously sent in your signed proxy or voted via telephone or the Internet, unless you would like to change your vote. Any stockholder who has not yet voted or wishes to change their vote may do so by clicking the voting button on the web portal and following the instructions there. The time is now 1:37 P.M., and the polls are now closed for voting. May we have the results of voting? The report of the Inspector of Election covering the four proposals presented at this meeting is as follows: The proposal to elect Nancy Miller-Rich, John F. Milligan, PhD, and Shawn Tomasello, MBA, to the Board of Directors to serve until the 2029 annual meeting of stockholders is approved. The proposal to ratify the appointment of PricewaterhouseCoopers as the company's independent registered accounting firm for the fiscal year ending December 31, 2026, is approved. The proposal to approve on an advisory and non-binding basis the compensation of the company's named executive officers is approved. The full tally of the votes will be published in a Form 8-K report, which will be filed with the Securities and Exchange Commission within the next four business days. The results can also be obtained before that date by writing to me in my capacity as Corporate Secretary of the company. Is there any other business to come before this meeting? This concludes the formal portion of our meeting. This meeting is adjourned at 10:38 A.M. Pacific Daylight Savings Time. I and members of management present are now happy to answer your questions. Only validated stockholders may ask questions in the designated field on the web portal. Out of consideration for others, please limit yourself to two questions. Please note that this meeting is being recorded. However, no one attending via the webcast or telephone is permitted to use any audio recording device. We will take stockholder questions that are being entered today on the web portal. Please note we will attempt to answer as many questions as time allows, but only questions that are germane to the meeting will be addressed. Hearing no questions, this concludes the annual meeting of stockholders. This now concludes the meeting. Thank you for joining, and have a pleasant day.