Good morning, ladies and gentlemen. Welcome to the 2026 Annual Meeting of Stockholders of Fortrea. I am Anshul Thakral, Chief Executive Officer of the company, and I will be acting as chairman of this meeting. It is now 8:00 A.M. Eastern Time on June 9, 2026, and this meeting is officially called to order. We are pleased to have with us our Board of Directors, Peter Neupert, Edward Pesicka, Dr. Amrit Ray, Erin Russell, Machelle Sanders, William Sharbaugh, and David Smith. In addition, we are pleased to have with us Lynn Staner of the accounting firm Deloitte & Touche. During the question and answer period, Ms. Staner will be available to answer questions concerning Deloitte's appointment as our independent registered public accounting firm. In this virtual meeting, there is a link to the rules of conduct for the annual meeting. To conduct an orderly meeting, we ask that participants abide by these rules. I'd like to take a few moments here at the beginning to outline the format for today's meeting. Each proposal will be separately introduced. The board's recommendation on each of the proposals is set forth in the proxy statement, which was sent or made available to all stockholders eligible to vote. To expedite the meeting, I will move all motions and will not require motions to be seconded. After the proposals are introduced, the floor will be opened for discussion, and we will respond to any appropriate questions you may have concerning the proposals. After such time, a vote will be taken to approve the proposals. Aggie Gallagher will be acting as secretary of the meeting. At this time, I'd like to introduce Linda Piscadlo. Ms. Piscadlo is a representative of American Election Services and has been appointed by the board of directors to act as Inspector of Election at today's meeting with authority, among other things, to receive and determine the validity of all proxies and ballots submitted and to certify the number of shares represented at this meeting and the results of the vote of the company's stockholders on each proposal. Ms. Piscadlo has taken and signed an oath to faithfully execute the duties of Inspector of Election with strict impartiality and according to the best of her ability. Thank you, Ms. Piscadlo. Ms. Gallagher, as secretary, has confirmed that she received an affidavit of mailing from Broadridge establishing that notice of this meeting was duly given with respect to the due mailing of the notice of the meeting and availability of proxy materials. The affidavit, proxy materials, and other documents are directed to be filed with the records of the company. Ms. Gallagher has also confirmed that she received a list of the holders of shares of the company's common stock as at the close of business on April 15th, 2026, the record date for this meeting, as prepared and certified by Equiniti Trust Company, LLC. The list of stockholders is directed to be filed with the records of the company. The list of stockholders, notice of the meeting, the proxy statement, and the form of proxy is and will remain for inspection during the entire meeting if any stockholder wishes to examine them. Our first order of business at this meeting is to determine whether the shares represented at the meeting, either virtually or by proxy, are sufficient to constitute a quorum for the purpose of transacting business. The stockholders list provided by Ms. Piscadlo shows that holders of 94,584,730 shares of the company's common stock are entitled to vote at this meeting. Based on the transfer agent's report of the number of shares present and represented by proxy immediately prior to the commencement of the meeting, I report that holders of 86,193,770 shares of company stock are participating virtually or by proxy, representing an excess of a majority of the shares entitled to vote at this meeting, and a quorum is therefore present. Because holders of a majority of shares entitled to vote at this meeting are participating virtually or by proxy, I declare this meeting to be duly convened for the purposes of transacting such business as may properly come before it. The next order of business is a description of the matters to be voted on at today's meeting. As set forth in the notice to stockholders, the business of this meeting includes voting on three proposals. The first proposal is the election of three directors of the company to serve as Class III directors until the 2028 annual meeting of stockholders and until their respective successors shall have been duly elected and qualified. The board has recommended the election of Peter M. Neupert, Anshul Thakral, and William J. Sharbaugh. No other nominations were received prior to and in accordance with the deadline established in the company's bylaws. Therefore, no additional nominations may be made at this meeting, and I declare the nominations to be closed. The board recommends a vote for each of Peter M. Neupert, Anshul Thakral, and William J. Sharbaugh. The second proposal concerns the ratification of the appointment of Deloitte & Touche LLP as Fortrea's independent public accounting firm for the fiscal year ending on December 31st, 2026. The board recommends a vote for this proposal. The third and final proposal concerns the approval on an advisory basis of the resolution printed in the proxy statement with respect to compensation paid to the company's named executive officers as described in the proxy statement, often called the Say- on- Pay vote. The board recommends a vote for this proposal. No further business to come before this meeting, we will move on to voting. It is now 8:08 A.M. Eastern Time, and I declare the polls open for stockholders to cast their ballots. If you previously voted by proxy, you do not need to vote today unless you wish to change your vote. Now that all stockholders have had the opportunity to vote, I now declare the polls for the 2026 annual meeting of stockholders closed at 8:08 A.M. Eastern Time on June 9th, 2026, and ask that the Inspector of Elections tabulate the ballots. We will pause for a time necessary to tabulate votes. This should only take a few moments. I now call upon Ms. Gallagher as Secretary of the meeting to read the Inspector of Elections' preliminary report on the voting. Ms. Gallagher. Thank you, Mr. Chairman. The proxies and ballots have been counted, and the preliminary vote report shows that each nominee for director nominated by the board has received the requisite vote for election, and each of the following proposals has received the requisite vote for approval. The ratification of the appointment of Deloitte & Touche LLP as Fortrea's independent public accounting firm for the year ending on December 31, 2026, and the approval on an advisory basis of the Say- on- Pay resolution. Thank you, Ms. Gallagher. Based on the Inspector of Election's preliminary report, I hereby declare that Peter M. Neupert, Anshul Thakral, and William J. Sharbaugh have been duly elected. That Proposal 2, the selection of Deloitte & Touche LLP as Fortrea's independent public accounting firm has been duly ratified, and that Proposal 3, the Say- on- Pay resolution, has been approved on an advisory basis. After we receive the final vote tabulations, the results will be reported in a current report on Form 8-K we will file within the next four business days. This concludes the business of the meeting. I would like to take this opportunity to thank you for your attendance and interest. The annual meeting is now adjourned. Thank you. As mentioned, the conference has concluded. Thank you for attending today's presentation. You may now disconnect your lines.
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