Good morning, everybody. The 2022 annual meeting of shareholders of Parker-Hannifin Corporation will please come to order. I'd like to welcome all of our shareholders who are here in person, as well as those joining via the webcast. I am Tom Williams, Chairman of the Board and Chief Executive Officer of the company, and I will be presenting. Sitting with me is Joe Leonti, Vice President, General Counsel, and Secretary of the company, who will act as Secretary of this meeting. First, I'd like to introduce our director nominees and other company representatives who are present at today's meeting. The directors here today are Lee Banks, Vice Chairman and President of the company, Angela Braly, Lance Fritz, Linda Harty, Bill Lacey, Kevin Lobo, Bryan Menar, Åke Svensson, Laura Thompson, Jim Wainscott, and myself. Along with Lee, Joe, and myself, also present today are Jennifer A. Parmentier, Chief Operating Officer, Todd M. Leombruno, Executive Vice President and Chief Financial Officer, and many other company executives. In addition to our board and executive team, Richard Kretz, a representative of Broadridge Financial Solutions, is present and has been appointed to act as Inspector of Election for this meeting. Julie Warman, a representative from Deloitte & Touche LLP, our independent registered public accounting firm, is also present. Julie will be available to answer appropriate questions concerning the company's financial statements during the question and answer period following the meeting. Before we move on to our voting matters, I'd first like to turn it over to Joe to cover a few procedural items. Okay. Thank you, Tom. Good morning, everyone. First, for those of you who are here in person, you were provided with a copy of today's agenda and the rules of conduct for the meeting. As you can see on the agenda, we're gonna hit the annual meeting of shareholders first, and after we adjourn that, Tom's gonna make some important comments and announcements, and we'll have a brief question and answer period. To ensure that we have an orderly meeting, we ask that you all please abide by the rules of conduct. Second thing is in my capacity as Secretary, I have delivered and present the following documents, which will be referenced and incorporated in the minutes of the meeting. I have the minutes of last year's annual meeting of shareholders, which was held on October seventh, 2021. I have the financial statements of the company for the fiscal year ended June 30, 2022, certified by Deloitte & Touche. I have an affidavit of mailing establishing that notice of this annual meeting was duly given, and I've got a list of the company's shareholders of record as of September 2, 2022, which has been certified by our transfer agent at Equiniti Trust Company. Lastly, all shareholders of record at the close of business on September 2, 2022, are entitled to vote here at the annual meeting. We ask any shareholders who are present and either still holding proxies or wanting to vote here in person, please see Mr. Kretz now. Okay. Mr. Kretz has advised that at this meeting there are present or in person or by proxy at least 110 million shares of Parker common stock, which is a quorum for the transaction of business and represents over 85% of our issued and outstanding shares. At this time, we'll move on to our voting matters, and for that, I'll turn it back over to Tom Williams as Chairman. Thank you, Joe. I I will now present the matters to be voted on. The first proposal to be voted on is the election of directors to serve for our terms expiring annual meeting in 2023. Our board has nominated and recommends in favor of the following 12 persons for election as directors of the company, Lee Banks, Joe Leonti, Lance Fritz, Linda Harty, Bill Lacey, Kevin Lobo, Bryan Menar, Åke Svensson, Laura Thompson, James Verrier, Jim Wainscott, and myself, Tom Williams. The second proposal to be voted on is the approval of the compensation of our named executive officers on a non-binding advisory basis. Our board of directors recommends in favor of this proposal. The third proposal to be voted on is the ratification of the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for the fiscal year ending June 30, 2023. Our board of directors recommends in favor of this proposal. That concludes the items that will be voted on today. Are there any questions or discussions on the proposals presented for a vote? Inspector of Election will now collect any remaining outstanding ballots or proxy cards. The votes are now in. I declare the polls closed. Joe, please go ahead and review the preliminary voting results. Okay. Thank you, Thom. Based on the preliminary voting results, each of our director nominees has been elected. The compensation of our named executive officers has been approved on a non-binding advisory basis, and the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for fiscal year 2023 has been ratified. Please note that any ballots that have been collected before the polls closed not reflected in this preliminary report will be reflected in the final report of our Inspector of Election, and the final voting results will be soon available and disclosed in a Form 8-K that'll be filed with the U.S. Securities and Exchange Commission after the votes have been certified by our Inspector of Election. Thank you, Joe. With no further business to be addressed at this meeting, the annual meeting is now adjourned, and I'd like to make a few comments and announcements. First, I wanna remind everybody that we'll be updating investors on our first quarter financial performance in the next earnings call, which is November third, 2022. Second, we have some important organization announcements to make this morning. One of the top priorities for the board and for me is talent development and succession planning, especially for the CEO position. In coordination with the board, I've been planning my transition for many years and believe December thirty-first of this year is the right time to step down as CEO. To enable a smooth transition, I plan to continue as Executive Chairman from January 1, 2023 to December 31, 2023, at which time I intend to retire from Parker and from the Board. It has been a real honor to lead this great company. I'm very thankful for the dedication, the support, and the ownership of our team members globally. I have lots of individual thank yous, but I will save that for another day. Working together as one global team, we have transformed our company's portfolio and performance, defined the purpose of the company in a way that really resonates with our people, and we are well positioned for a very promising future ahead. Who will lead us into this promising future? I am pleased to announce that the board of directors has elected, effective January 1, 2023, as our new CEO and only the ninth CEO in our history, Jennifer A. Parmentier. A good applause. Also effective January 1, 2023, the board approved an increase in the size of the board from 12 to 13 directors, and the appointment of Jennifer A. Parmentier as a member of the board. Jennifer A. Parmentier will report to the board of directors. Jennifer A. Parmentier is a proven leader with a track record of success in many positions. Most recently, as our Chief Operating Officer. She has been a group president of two of our operating groups, has been a general manager twice as well. She is a great person and a great leader, and the right person to lead us into the future. Succeeding Jennifer A. Parmentier, the board has elected as Chief Operating Officer, effective January 1, 2023, Andrew D. Ross. You can applaud for that. Andy will report to Lee Banks, our Vice Chairman and President. Andy has 24 years of experience with Parker and has been a group president of two of our operating groups. He's been a vice president of sales. He's been a vice president of operations and a general manager of two of our divisions. Another great leader who's ready for this next level of responsibility. Jenny, Lee, Andy, and Todd Leombruno, our Executive Vice President and CFO, will form the office of the chief executive as of January 1, 2023. Succeeding Andy Ross, the Board of Directors has elected, effective January 1, 2023, as vice president and president of Fluid Connectors Group, William Bowman, a.k.a. Skip Bowman. Skip was most recently president of Instrumentation Group. He's been a vice president of operations twice and a general manager three times. Skip's capabilities and experience make him ideally suited for this role. Going forward, our shareholders should be excited like we are about Parker's promising future. This future will be driven by a deep and talented leadership team, the Win Strategy, our portfolio transformation, our positioning for growth in key secular trends, our interconnected technologies, and last but most importantly, our people and our culture. Our culture is the real trade secret at Parker. It's truly a performance culture where team members think and act like owners of the company, enabling us to perform regardless of the macro environment. I have complete confidence in our team and the promising future ahead. If there are any questions from the floor, we'll now open it up for a brief Q&A. Yes, sir. Mr. Chairman, my name is Chris Radway. I represent Radway Management Funds that collectively hold 534,900 shares of Parker-Hannifin common stock. I'd like to indicate that our shares have been voted for the board's full slate of nominees. We strongly support the board. They comprise very capable executives along with management and have established a thoughtful strategic Win Strategy to grow long-term corporate value. Classified boards are a largely outdated corporate governance construct, but could you discuss whether a classified board structure might better support a long-term strategic perspective at the board level and whether or not this has affected the board's succession plan? Thanks. No, thank you for your comments, Chris. We appreciate it, and thank you for being here with us today. We currently do not have a classified board. All of our directors are elected at each annual meeting, so they're elected annually. We used to have a classified board maybe 10, 12 years ago, something like that, but we phased it out back then. We believe this is the right structure, and we'll continue on that path forward. Chris, anything else that you? Just one more. Sure. Probably the only one. A topic that has received growing interest is the growing concentration of corporate ownership. BlackRock and Vanguard, two large mutual fund companies, each own in excess of 5% of the company's outstanding shares. With combined ownership position of 14.5%, our experience is that these investors talk long-term but often vote short-term, such as on issues like board declassification. Could you speak to your view of the growing concentration of institutional investor ownership and its impact on corporate governance and industry competitiveness? Specifically, does the increasing concentration of ownership by passive investors aggravate short-termism in the market or alternatively, enable companies to take a long-term view? Yeah. Chris, I think it's a great question. We're pretty diversified when you look at our stock ownership between value, growth, index funds, and we run the company just like we want our shareholders to run. We run it for the near term and the long term. What are we doing best to drive this thing for the next 100 years? We'll always do that regardless of, you know, what ownership the index funds have with the company. But we have enough balance in there that everybody's voice is heard, and so there's, I think there's equal footing there. Any other questions or comments? On behalf of our board of directors and all of our team members around the world, thank you for attending and participating today and for your continued support of Parker-Hannifin Corporation. This meeting is now concluded. Thank you.