Good morning. Welcome to the Nextdoor Holdings, Inc. 2026 Annual Meeting of Stockholders. Please note that this event is being held via live webcast. I would now like to turn the meeting over to Nirav Tolia, Chief Executive Officer, President, and Chairperson of the Board of Directors of the company, and Chairperson of the annual meeting. Thank you. Good morning, everyone. Welcome to our 2026 annual meeting of stockholders. I'm Nirav Tolia, Chief Executive Officer, President, and Chairperson of the Board of Directors of Nextdoor. I will act as the chairperson of this annual meeting and now call the meeting to order. We are excited to be hosting our annual meeting virtually with our stockholders attending via our web meeting portal. Through this online platform, we believe we are able to increase stockholder participation and reach a greater number of our stockholders without needing to meet in person. I would now like to introduce Sophia Schwartz, our Chief Legal Officer and Secretary, who will act as Secretary of this annual meeting and keep the minutes. Thanks, Nirav. I'm advised by the Inspector of Elections that over a majority of the voting power of our outstanding shares of common stock entitled to vote at this meeting is present or represented by proxy here today. A quorum is therefore present, and we are authorized to transact business at this meeting. We will describe the proposals to be voted on today later during the meeting. Polls are now open for voting. Voting is by proxy and electronic ballot. Any stockholder who has not voted or wishes to change his or her vote may do so by clicking on the Vote button on the webcast portal and following the instructions there. Stockholders who have sent in proxies or previously voted via the internet or by phone or who do not wish to change their vote do not need to take further action. Their votes will be counted automatically. We expect to close the polls approximately 30 seconds after the presentation of matters to be voted on at the meeting and the question and answer session. We will answer questions regarding matters to be voted on at the meeting after all matters have been presented as appropriate. Stockholders are limited to one question each. Questions must be submitted prior to the start of the questions and answers portion of this meeting. Though we may not be able to answer every question, we will do our best to respond to as many as possible in the time permitted. The time permitted for the questions and answer session will be limited to 10 minutes. Please note that stockholders who want to ask a question may do so by inputting the question in writing where indicated on the webcast portal for this meeting. Only stockholders are permitted to submit questions, you must have your 16-digit control number to do so. This meeting is being recorded. However, no one attending via the webcast is permitted to use any audio recording device. A webcast playback will be available on the investor relations section of our website within 24 hours of the meeting. The webcast will be available for approximately one year. In addition to Nirav and myself, we are also joined on this call today by members of our board of directors and management team. Also present are Patrick Auger and Virginia Roberson of Ernst & Young LLP, our independent registered public accounting firm. Patrick and Virginia will be available during the question and answer session to respond to appropriate questions. Ran Ben-Tzur and Elsie Chang of Fenwick & West LLP, our outside legal counsel, and Cynthia Skoland of American Election Services, LLC, who has executed the oath of Inspector of Elections and will act as the Inspector of Election for this meeting and tabulate results of the voting. Let me turn to the formal business of this meeting. The proposals to be considered are described in our proxy statement dated April 20th, 2026, I will review these in a few minutes. First, I will report on the notice for this meeting. Our board of directors fixed April 13th, 2026, as the record date for determining the stockholders entitled to vote at this meeting. I present to this meeting an affidavit of Broadridge Financial Solutions attesting that a notice of internet availability of proxy materials was mailed on or about April 20th, 2026, to all of Nextdoor's stockholders of record determined as of the close of business on the record date. The affidavit will be incorporated into the minutes of this meeting. The list of stockholders shows that as of the record date, there were 250,120,546 shares of our Class A common stock and 127,495,195 shares of our Class B common stock outstanding and entitled to vote at this meeting, with each share of Class A common stock entitled to one vote and each share of Class B common stock entitled to 10 votes. I will now present the matters to be voted upon. As stated in the notice of this annual meeting and our proxy statement, the first item of business is the election of one Class II director, David Sze, who is currently serving as a director on our board of directors, to be elected for a three-year term expiring at our 2029 annual meeting of stockholders and until his successor has been duly elected and qualified or until his earlier death, resignation, disqualification, or removal. No other director nominees have been properly submitted for election pursuant to our amended and restated bylaws or the Securities and Exchange Commission rules. Therefore, no other nominations may be accepted. The board of directors recommends a vote for the election of the nominated director. As secretary of this annual meeting and on behalf of the board of directors, I move for the election of the nominated director, which motion is seconded by proxy. The second item of business is to ratify the appointment of Ernst & Young LLP as our independent registered public accounting firm for the year ending December 31st, 2026. The Board of Directors recommends a vote for the ratification of the appointment of Ernst & Young LLP as Secretary of this annual meeting, and on behalf of the Board of Directors, I move for the approval of this proposal, which motion is seconded by proxy. The third item of business is to approve on a non-binding advisory basis the compensation of our named executive officers. The Board of Directors recommends a vote for the approval on a non-binding advisory basis of the compensation of our named executive officers. As Secretary of this annual meeting, and on behalf of the Board of Directors, I move for approval of this proposal, which motion is seconded by proxy. That concludes the discussion of the proposals. The period to submit questions has ended. We will now address any questions that stockholders have submitted that are relevant to the proposals. Please note that we will not address any questions that are irrelevant to the matters presented at this meeting. As noted earlier, stockholders are limited to one question each. The time permitted for the question and answer session is limited to 10 minutes. If we do not receive any relevant questions, we will conclude the question and answer session earlier. We do not see any questions. We will conclude the question and answer session. As noted earlier, the voting today is by proxy and electronic ballot. Any stockholder who has not voted or wishes to change his or her vote may do so by clicking the Vote button on the webcast portal and following the instructions there. Stockholders who have sent in proxies or previously voted via the internet or by phone and who do not wish to change their vote do not need to take further action. Their votes will be counted automatically. We expect to leave the polls open for approximately 30 seconds to allow anyone who chooses to vote here to cast ballots. Time begins now. Now that everyone has had the opportunity to vote, I now declare the polls for the 2026 annual meeting of stockholders of Nextdoor Holdings, Inc. closed. We now have preliminary voting results. The director elected pursuant to proposal one is elected by a plurality of the votes cast by the holders of the shares of capital stock present virtually or represented by proxy at the meeting and entitled to vote on the election of directors, which means that the nominee receiving the highest number of for votes will be elected to the Board of Directors. Based on results as tabulated by the Inspector of Elections, David Sze is the nominee on the ballot who received the highest number of for votes cast and therefore has been elected to the Board of Directors. The vote required to approve proposal two is the affirmative vote of a majority of the votes cast by the holders of the shares of capital stock that are present virtually or represented by proxy at the meeting and entitled to vote on proposal two. Based on results as tabulated by the Inspector of Elections, the proposal to ratify the appointment of Ernst & Young LLP as Nextdoor's independent registered public accounting firm for the year ending December 31st, 2026, has been approved by a majority of the votes cast. The vote required to approve proposal three is the affirmative vote of a majority of the votes cast by the holders of shares of capital stock that are present virtually or represented by proxy at the meeting and entitled to vote on proposal three. Based on results as tabulated by the Inspector of Elections, the proposal to approve on a non-binding advisory basis the compensation of our named executive officers has been approved by a majority of the votes cast. There are no other formal items of business before this meeting. Final results of the vote will be recorded as stated in the minutes of this meeting and also filed with the Securities and Exchange Commission on a Form 8-K within four business days. This concludes our meeting. The annual meeting is now adjourned. Thank you for your participation. The conference has now concluded. Thank you for your participation. You may now disconnect.