Welcome to the annual meeting of shareholders of The Progressive Corporation. Shareholders who provided their 16-digit control number to access the audio-only webcast will have the same rights and opportunities to participate as they would at an in-person meeting. These shareholders will have an opportunity to vote on the proposals and may submit questions shortly before and during the meeting in the space provided on the meeting website. If you have voted your shares prior to the start of the annual meeting, there is no need to vote those shares during the annual meeting unless you wish to revoke or change your vote. Please refer to our rules of conduct included in the Meeting Materials section on the meeting website for additional details. We've allocated 45 minutes for the entire event, including responding to appropriate questions. Shareholders or other guests who logged on to the webcast without providing a 16-digit control number will be able to listen to the proceedings. However, these guests will not be able to vote, submit questions, or otherwise participate in the annual meeting. Please note that this meeting is being recorded and will be available on our meeting website. However, no one else attending today's meeting is permitted to use any recording device. Finally, before we begin, I'd like to direct your attention to our Forward-Looking Statements Safe Harbor document in the Meeting Materials section on the meeting website. At this time, I would like to turn the meeting over to our chairperson. Good morning. I'm Lawton Fitt, Chairperson of the Board of The Progressive Corporation. I have the honor of presiding over the 2026 Annual Meeting of Shareholders. The meeting will come to order. David Stringer, Secretary of the company, will act as Secretary of the meeting and keep the minutes. I ask Mr. Stringer to report on the notice of the meeting together with the proof of the mailing of the notice. I have a copy of the notice of the meeting, the proxy statement dated March 23rd, 2026, the notice of internet availability mailed on or about March 23rd, 2026, the company's 2025 Annual Report to Shareholders, the form of proxy, and a copy of the 2025 Annual Report to the company in a summarized format. These materials will be filed with the minutes of this meeting. In addition, I have an affidavit from an officer of Broadridge Financial Solutions, Inc, confirming the mailing of the notice of meeting and other required documents or a notice of availability of proxy statement to each shareholder of record at the close of business on March 13th, 2026, the record date for this meeting, and stating that Broadridge commenced the mailing on March 23rd, 2026. Additionally, for shareholders logging into this meeting using their 16-digit control number, a list of shareholders of record at the close of business on March 13th, 2026 is available for inspection during the duration of this meeting via the link provided through the meeting website. This concludes the report on the notice of the meeting and the proof of mailing of the notice. I declare that proper notice of this meeting has been given, and I direct the secretary to cause the affidavit of mailing to be filed and preserved with the records of the company. At this time, I appoint Jim Raitt from American Election Services and Matthew Stradiot of the company as Inspectors of Election. I ask Mr. Stringer to report on whether we have a quorum present for this meeting. I have been informed by the Inspectors of Election that more than a majority of the common shares outstanding as of the record date are represented either in person or by proxy at this meeting. I declare that a quorum is represented at the meeting in person or by proxy and that this meeting is properly convened. The polls are now open. All Progressive shareholders who logged into the meeting with their 16-digit control number are entitled to vote at this meeting and have the ability to do so during the meeting. If you are a shareholder entitled to vote and you have not yet voted, or if you want to change your previously cast vote, you can do so by clicking the Voting icon. Please remember that if you have already voted by proxy, it is not necessary to vote again. After voting has been completed on all matters on the agenda, we will close the polls, and the Inspectors of Election will provide their preliminary report. I now ask Mr. Stringer to review the matters that have been submitted for shareholder action at this meeting. The only matters of business for the formal annual meeting are those described in our proxy statement. This meeting has been called by the board of directors for shareholders to act on three proposal matters. The first matter is the election of 11 directors, each to serve a term of one year. All nominees for director have been nominated by the board and are current directors. The nominees, each of whom are all listening to this meeting, is are Philip Bleser, Stuart Burgdoerfer, Pamela Craig, Charles Davis, Roger Farah, Lawton Fitt, Tricia Griffith, Devin Johnson, Jeffrey Kelly, Barbara Snyder, and Kahina Van Dyke. As noted in our proxy statement, the board recommends the shareholders vote for each nominee. I declare the nominations are closed. Mr. Stringer, please continue to review the other matters that have been submitted for shareholder action at this meeting. The second matter is to cast an advisory vote to approve our executive compensation program. The third matter is to ratify the appointment of PricewaterhouseCoopers LLP, as our independent registered public accounting firm for 2026. As noted in our proxy statement, the board recommends that shareholders vote for these proposals. There were no other items properly submitted for inclusion as a proposal on which our shareholders may vote today. We will now address any shareholder questions concerning the proposal matters. There will be an opportunity to ask questions at the end of the meeting for issues that do not relate specifically to the matters to be acted on by shareholders today. Shareholders, as of the record date, had the opportunity to submit questions in advance of the annual meeting. Additionally, shareholders who logged into this meeting using their 16-digit control number were also able to submit a question shortly before today's meeting and can submit a question during the meeting. Please refer to our rules of conduct and procedures in the meeting materials section of the meeting website with respect to how we plan to address questions during this meeting. We will now pause for a moment for these questions to be submitted. Just a reminder, please submit your questions in the Q&A icon on the meeting website. Are there any questions on the proposal matters? There are no questions. Okay. Just as a reminder, the polls are about to close, so if you have not yet voted, please do so now. I hereby declare that the polls are closed. I have been informed that the Inspectors of an Election have delivered their preliminary report to the secretary. I will now ask Mr. Stringer to please announce the preliminary results of the election of directors and other proposals. Based upon the preliminary report, I've been informed by the Inspectors of Election that each of the nominees for election as a director received sufficient affirmative votes to satisfy our majority voting requirement, and therefore, each nominee has been duly elected. I also have been informed by the Inspectors of Election that each of the proposals included in items two and three of our proxy statement has received the required affirmative vote of shareholders and therefore has been approved. We will file the final report of the Inspectors of Election with the records of this meeting and will issue a Form 8-K with the final voting results of the meeting. Representatives from our independent registered public accounting firm, PricewaterhouseCoopers, are present on this webcast and available to respond to any appropriate questions. Are there any questions for PricewaterhouseCoopers? We will pause for a moment for any questions to be submitted. There are no questions. This concludes the formal part of the meeting, and I declare the 2026 Annual Meeting of Shareholders adjourned. We can now answer any appropriate questions from shareholders regarding the business of the company. I will turn this portion of the meeting over to Tricia Griffith. Thank you, Lawton. Are there any general business questions? We received a question related to the potential impact of AI on employees. Thank you. Progressive has a history of innovation and leveraging technology in our work. When technology improves our effectiveness and efficiency, we can provide more competitive rates for our customers, enabling us to continue to grow, create opportunities, and achieve our vision of becoming consumers, agents, and business owners' number one destination for insurance and other financial needs. We've used predictive AI for many years, and we're excited by emerging AI models. The pace of change today is rapid, as are the evolving expectations of consumers, our customers, and our people. We recognize that AI may change how some work gets done. We're leaning in, testing, and learning, and we hope to leverage AI where it can make us faster, better, and more responsive to our customers' and other stakeholders' needs and expectations. The board remains closely involved in overseeing key strategy, operations, and emerging risks. In recent years, the board has dedicated focused attention to Progressive's people and culture, as well as the responsible use of AI. As our use of AI evolves, we'll continue to share our story with our stakeholders. Are there any other questions? There are no additional questions. Thank you. On behalf of Progressive's board of directors and management team, I'd like to express my sincere appreciation to the shareholders attending this meeting today. Thank you for participating in our annual meeting, and thank you for your continued support of Progressive. This concludes today's meeting. The meeting has now concluded. Thank you for joining, and have a pleasant day.