Good morning. I'm Carla Vernón, Chief Executive Officer of The Honest Company, and I'm very happy to welcome you to the 2026 Annual Meeting of Stockholders of The Honest Company, Incorporated, which we're hosting virtually from our office in Minneapolis, Minnesota. The meeting will now officially come to order. The time is now 8:30 A.M. on Thursday, May 21st, 2026, and the polls are now open for voting on all matters to be presented. As you know, we're hosting today's meeting through Broadridge's virtual online platform. This meeting is being recorded and will be available via webcast on our corporate website and archived for one year after the date of the annual meeting at investors.honest.com. Before we proceed with the formal business of the meeting, I'd like to welcome Chris Williams from PricewaterhouseCoopers, our independent registered public accounting firm, who's with us today and available to respond to appropriate questions as needed. I'd like to welcome the members of our management team here today, as well as our board members, who I'd like to introduce now, starting with the Chair of our Board, James White. James has served as the Chair of our Board and as a member of our Nominating and Corporate Governance Committee since May 2021, is the former Chairman, President, and CEO of Jamba Incorporated, and serves on the board of two other public companies,, and The Simply Good Foods Company. James has also held management roles at a number of premier companies, including Safeway, Gillette, Nestlé, and Coca-Cola. Jessica Alba is our founder and served as our chief creative officer since our incorporation in July 2011 to April 2024, and has been on our board since July 2011. Jessica also served as the chair of our board from May 2018 to May 2021. Jessica additionally serves on the board of directors of Baby2Baby, LA28, and Yahoo, and brings tremendous knowledge and insights from her experiences in our industry and in founding and growing The Honest Company. Michael Barkley is a member of our compensation and nominating and governance committees and has served on our board since December 2023. Michael is the founder of MJB Advisory, a management consulting company for high-growth food and beverage brands, and brings extensive leadership experience, having served as the CEO of KIND LLC, a snack food company, and from 2018 to 2021 as the President of Boulder Brands and the Chief Marketing Officer of Pinnacle Foods Incorporated. Katie Bayne is the Chair of our Nominating and Corporate Governance Committee, a member of our Audit Committee, and has served on our Board since October 2018. Katie is the founder of Bayne Advisors, a strategic consulting and advising firm, is a senior advisor at Guggenheim Securities and was a long-time senior executive at Coca-Cola with varying roles of increasing responsibility, ultimately serving as the Chief Marketing Officer and then President, North America Brands. Susan Gentile is the chair of our audit committee, a member of our compensation committee, and has served on our board since May 2021. Susan is a Managing Director and the Chief Financial Officer at Advent International, and previously served as the Chief Financial and Administrative Officer at H.I.G. Capital and as the Managing Director and Chief Accounting Officer at Oaktree Capital. Susan has also held management roles in the consumer products space while at The Clorox Company. Jack Hartung is the chair of our compensation committee, a member of our audit committee, and has served on our board since May 2022. Jack brings expertise overseeing financial and reporting functions as the former Chief Financial Officer at Chipotle and McDonald's Partner Brands Group. He currently serves on the board and audit committees of Portillo's Incorporated and Tesla. From these roles, Jack also brings extensive public company leadership and experience to our board. Alissa Hsu Lynch is a member of our audit and nominating and corporate governance committees and has served on our board since December 2023. Alissa has significant experience in technology and executive leadership from serving as the global head of MedTech Strategy and Solutions for Google Cloud Platform from 2020 to 2023, and from over 20 years of experience in consumer marketing, strategy, and general management roles at Johnson & Johnson. Andrea Turner is a member of our audit and compensation committees and has served on our board since December 2023. Andrea has extensive leadership experience in consumer packaged goods, global supply chain, and operations, having served as the senior vice president, global supply chain and logistics at Mondelez from 2020 to 2023, and with more than 20 years of supply chain operations and logistics experience at General Mills and Merck. For the formal business of the meeting, I would like to introduce Brendan Sheehey, our Corporate Secretary. Thanks, Carla. We will now proceed with the formal business of the meeting and the order set forth in the notice of annual meeting and proxy statement. We will first present the two proposals submitted for approval by our board. We will take questions related to the proposals after all of the proposals have been presented. After which we will announce preliminary results of the voting. As mentioned earlier, the polls are open for voting on all matters to be presented. After describing each item to be voted on and following any appropriate questions or discussion regarding such items, we will close the polls. We will not accept ballots, proxies, revocations, or changes after the closing of the polls. If you've already submitted your vote by proxy and do not wish to change your vote, you do not need to vote now and your shares will be voted as previously instructed. If you intend to vote and have not already done so, you must submit your vote online now in order for it to be counted. If you have not voted, I encourage you to vote online now. As the formal part of our meeting has concluded, we will respond to appropriate questions from stockholders, if any. You should now all have a copy of the rules of conduct for this meeting. In order to conduct an orderly meeting, we ask you to follow these rules. Stockholders who are attending this meeting with a valid 16-digit control number may submit questions for the Q&A portion of this meeting through the text box located on the virtual meeting screen. To ask a question, click on the Ask a Question prompt on your screen to submit your question or comment online. We will try to answer questions submitted that remain as proposals and/or this meeting as time allows. Please submit your questions now to make sure they're received in a timely fashion for review and response. Carla, I'll turn it back to you for our mailing of the meeting notice. Thanks, Brendan. Will you please report at this time with respect to the mailing of the notice of the meeting and the stockholders list? Yes. I have an affidavit certifying that on April 9th, 2026, a notice of internet availability of the proxy materials related to the annual meeting of stockholders of the company was deposited in the United States Mail to all stockholders of record as of the close of business on March 31st, 2026. At this time, I'd like to introduce Christelle Pawley of American Election Services, who is present virtually. I'm appointing Ms. Pawley to act as the Inspector of Election at this meeting. Ms. Pawley has taken and subscribed to the customary oath of office to execute her duties with strict impartiality. We will file this oath with the records of this meeting. Her function is to decide upon the qualifications of voters, accept their votes, and when balloting on all matters is completed, to tally the final votes. Brendan, will you please report at this time with respect to the existence of a quorum? Yes. I have been informed by the Inspector of Election that proxies have been received for 71,992,432 of the 112,331,837 shares of common stock outstanding on the record date, which represents approximately 64% of the total number of outstanding shares. This constitutes a quorum for the meeting today, and we may now carry out the official business of the meeting. We will now proceed with the formal business of this meeting. After all of the proposals have been described, we will answer any questions related to the proposals submitted online. As a reminder, we ask that any comments or questions during this portion of the meeting pertain only to these proposals. Please submit any questions as soon as possible for our review. There are two proposals to be considered by the stockholders at this meeting. The first item of business is the election of three Class 2 directors to serve until the 2029 annual meeting and until their successors are elected. The nominees for Class 2 director are Jessica Alba, Alissa Hsu Lynch, and Andrea Turner. The second item of business today is the ratification of the selection by the Audit Committee of the Board of Directors of PricewaterhouseCoopers LLP as the independent registered public accounting firm of the company for the fiscal year ending December 31st, 2026. That was the final proposal for today's meeting. We will now review if there are any questions submitted about the proposals before we close the polls. As a reminder, we will only review and answer questions at this time that pertain to the proposals. Please note that our discussion today may include forward-looking statements, and our actual results may differ materially from those discussed here. Additional information concerning factors that could cause such a difference can be found in our most recently filed annual report on Form 10-K, as updated by our most recently filed quarterly report on Form 10-Q. Brendan, are there any questions? There are no questions at this time. There are no questions. At this time, 8:41 A.M., the polls are now closed for voting. May we have the results of the voting? The report of the Inspector of Election covering the proposals presented at this meeting is as follows. Proposal to elect Jessica Alba, Alissa Hsu Lynch, and Andrea Turner as Class 2 directors of the Company is carried. The selection of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31st, 2026, is ratified. We expect to report these preliminary voting results, or if available to us on a timely basis, our final voting results on a current report on Form 8-K to be filed with the SEC within four business days after the end of this meeting. This concludes the formal portion of today's meeting. The annual meeting is now adjourned. We will entertain any appropriate questions from stockholders. There are no questions remaining in the meeting submitted, Carla. That's all the time we have today. It appears there are no additional questions. Thank you again for your attendance at today's meeting and for your continued support of The Honest Company. This concludes today's call. You may now disconnect.
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