Welcome to the 2026 annual meeting of the stockholders of Navitas Semiconductor Corporation. I would now like to introduce Matthew Sant, the General Counsel and Corporate Secretary of Navitas Semiconductor. Thank you, and good morning to all in attendance. My name is Matthew Sant, and I am the General Counsel and Corporate Secretary of Navitas Semiconductor Corporation. I'd like to welcome you to Navitas's 2026 annual meeting of stockholders. We are happy that you can join us this morning and participate in this event. It is now 8:00 A.M. Pacific Time on June 25th, 2026, and this meeting is officially called to order. Joining me today is Chris Allexandre, our President and Chief Executive Officer, and Tonya Stevens, our Chief Financial Officer. I'd also like to introduce Ryan Makowsky of KPMG LLP, our independent public audit accounting firm, who has joined us today. Cynthia Skoglund from American Election Services is appointed Inspector of Election and is also here today. Finally, we have members of our board of directors in attendance. Thank you all for joining us. I will act as secretary of this meeting and as the presiding officer. An agenda and a list of rules of conduct for today's meeting have been posted and are available through the virtual shareholder meeting website. As stated in the rules of conduct, if you have questions or comments during the formal portion of the meeting, please submit them via the virtual shareholder meeting website and limit your remarks to the items on the agenda. I received proof by affidavit of mailing from Broadridge, the company's proxy agent, that notice of this meeting has been duly given and that either notice regarding the availability of proxy materials for the meeting or copies of the proxy statement and proxy card have been furnished to all stockholders of record as of the close of business on April 28th, 2026. We have at this meeting a list of stockholders of record representing a total of 233,713,166 shares of Class A common stock outstanding as of that date and eligible to be voted at this meeting. Immediately before this meeting, accounts of those shares present by proxy totaled 157,199,194 shares of the company's Class A common stock. This number represents approximately 67.3% of the outstanding voting power as of the record date. According to the Inspector of Election, I have determined that we have present via our meeting website and by proxy a number of shares representing sufficient voting power to constitute a quorum in accordance with the company's bylaws. Therefore, this meeting is duly constituted, and we may proceed with the business of the meeting. We will vote by proxy and online ballot. If you turned in a proxy and do not intend to change your vote, then you do not need to vote because we will count your proxy. The proxies solicited by Navitas will be voted as instructed by the stockholders completing and returning their proxies. Those of you who did not turn in a proxy or who wish to change your vote should click the voting link on the virtual shareholder meeting webpage. The votes cast today will be counted in the final tally along with the proxies previously received. We will announce the preliminary voting results at the end of this meeting. At today's meeting, there are four proposals to be voted on by the stockholders. The first proposal is to elect three Class II directors to serve as members of the board of directors until the 2027 annual meeting of stockholders and until their successors are elected and qualified if proposal two is approved, or until the 2029 annual meeting of stockholders and until their successors are elected and qualified if proposal two is not approved. The second proposal to be voted upon is to approve an amendment to the Navitas Semiconductor Corporation second amended and restated articles of incorporation to declassify the board of directors and to modify the terms of all elected directors, including the Class II directors elected at this meeting to expire at the 2027 annual meeting of stockholders. The third proposal to be voted on is an advisory resolution to approve, on a non-binding basis, the compensation of our named executive officers. The fourth proposal to be voted upon is to ratify the appointment of KPMG LLP as our independent registered public accounting firm for the fiscal year ending December 31st, 2026. You will find important details on the proposals in our previous proxy filings. If any stockholder would like to make a comment or ask a question regarding any of the proposals or voting procedures, please feel free to submit your comment or question through the web portal now. Thank you. No questions have been submitted, and we will continue. It is now 8:06 A.M., and the polls for each matter to be voted on at this meeting are now open Since no other matters have been properly brought before the meeting, we will now finalize voting. If you intend to vote today and have not already done so, you must submit your vote now in order for it to be counted. If you have already submitted your vote by proxy and do not wish to change your vote, you need not vote now and your shares will be voted as you previously instructed. We have received the stockholder votes, and I declare that the polls are closed. Based upon the preliminary report of the Inspector of Election, I will now report on the preliminary voting results. Proposal one, to elect three Class II directors, has been approved. Proposal two, to declassify the board of directors, has not been approved. Proposal three, to approve on a non-binding advisory basis our executive compensation, has been approved. Proposal four, to ratify the appointment of KPMG as our independent registered public accounting firm for the fiscal year ending December 31st, 2026, has been approved. The final detailed results of voting, including any ballots recorded during this meeting, will be disclosed in a current report on Form 8-K that we will file with the SEC within four business days of today. There being no other matters for consideration at this meeting, the Navitas Semiconductor 2026 meeting of stockholders is hereby adjourned. I'd like to thank all of our stockholders for their continued dedication to Navitas. We look forward to speaking with you again on our next earnings call, which we expect to hold in late July 2026. I'd like to now turn it over to the host to bring this meeting to a conclusion. Thank you. The Annual General Meeting for the Navitas Semiconductor has now come to an end. For any further details, please visit Navitas' investor relations website at investor.navitassemi.com. Thank you for attending. You may now disconnect.