Good day, and welcome to the SoFi Technologies 2025 Annual Meeting of Stockholders. Please note that today's meeting is being recorded. Tom Hutton, Chairman of the Company's Board of Directors, will now proceed. Good morning. I'm Tom Hutton, Chairman of the SoFi Board of Directors, and I will act as Chairman of this meeting. I'm pleased to welcome you to the SoFi Technologies 2025 Annual Meeting of Stockholders. Before I call the meeting to order, I'd like to note that the meeting will be conducted in the manner outlined in the agenda and rules of conduct available on our investor relations website. I would also like to introduce you to members of our board and our executive team who are with us today. The members of the board with us today, in addition to myself, are: Anthony Noto, our Chief Executive Officer; Steven Freiberg, our Vice Chairman of the Board; Ruzwana Bashir; Bill Borden; Dana Green; John Hele; Clara Liang; Gary Meltzer; and Magdalena Yesil. Representing all members of the board, the executive officers of the company with us today, in addition to Anthony Noto, are: Chris Lapointe, our Chief Financial Officer; Anna Avalos, our Chief People Officer; Kelli Keough, our Executive Vice President and Group Business Unit Leader for Spend, Invest, Protect, and Save; Eric Schuppenhauer, our Executive Vice President and Group Business Unit Leader for Borrow; Jeremy Rishel, our Chief Technology Officer; Lauren Stafford Webb, our Chief Marketing Officer; Arun Pinto, our Chief Risk Officer; Derek White, our Chief Executive Officer of Galileo. Deanna Smith, our Vice President and Associate General Counsel, will act as Secretary of this meeting. I would also like to introduce Robert Lee of Deloitte & Touche LLP, the company's independent registered public accounting firm. The meeting will now officially come to order. I have asked Ms. Smith to record the minutes. It's a pleasure to welcome our stockholders to the SoFi Annual Meeting. This meeting is being held in accordance with the company's bylaws and Delaware law. We will take care of the formal business at hand, which is described in our Notice of Annual Meeting and Proxy Statement, which was mailed on or about April 15, 2025, to all of our stockholders of record as of the close of business on March 31, 2025, the record date for this meeting. Following the formal business proceedings, we will then have a question and answer session. Stockholders of record of the record date may submit questions at any time during the meeting through the virtual meeting website. Questions directly related to an agenda item on which stockholders are entitled to vote may be submitted immediately after the opening of the polls. An opportunity to raise other questions will be provided following the formal business proceedings. All questions are subject to our rules of conduct. To ensure stockholders have the opportunity to participate, we will respond to no more than one question from a single stockholder. Now we propose to proceed with the formal business of the meeting as set forth in the company's 2025 Notice of Annual Meeting and Proxy Statement. Will the Secretary please report at this time with respect to the mailing of the Notice of Meeting and the stockholders' list? I have at this meeting a complete list of the stockholders of record as of the record date, which is and will be throughout this meeting available for examination by any stockholder on the virtual meeting website. I also have with me an affidavit from Broadridge Financial Solutions certifying that, commencing on April 15, 2025, a notice of internet availability of proxy materials was deposited in United States Mail to all stockholders of record as of the record date. The notice provided that stockholders could access and review our proxy materials, including the proxy card, proxy statement, Notice of Meeting, and 2024 Annual Report, or alternatively request a printed copy of the proxy materials. At this time, I'd like to introduce Anthony P. Carideo of the Carideo Group, who has been appointed to act as Independent Inspector of Elections at this meeting. Mr. Carideo has taken and subscribed the customary oath of office to execute his duties with strict impartiality, which will be filed with the records of the meeting. His 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. Will the Secretary please report at this time with respect to the existence of a quorum? I have been informed by the Inspector of Elections that proxies have been received for 688,139,887 shares of common stock of the 1,104,104,203 shares of common stock outstanding as of the record date, which represents approximately 62.32% of the total voting power of all outstanding shares entitled to vote generally in the election of directors. This constitutes a quorum for the meeting today, and we may now carry out the official business of the meeting. I declare that a quorum is present. We will now proceed with the formal business of this meeting. After describing the proposals to be considered, we will open the polls for voting and respond to questions directly related to the proposals. The following proposals are to be considered by our stockholders at this meeting. Proposal one is the election of 10 nominees for directors to serve on our Board of Directors for a one-year term expiring at the 2026 Annual Meeting of Stockholders. Each elected director will continue to serve until his or her successor is duly elected and qualified or until his or her earlier death, resignation, or removal. Proposal two is the vote to approve on a non-binding advisory basis the compensation of the company's named executive officers. Proposal three is the ratification of the appointment of Deloitte & Touche LLP as the independent registered public accounting firm of the company for the fiscal year ended December 31, 2025. Mr. Lapointe and Ms. Smith were designated as proxies by certain stockholders. Such shares represented by proxy will be voted in accordance with the instructions given. If no instructions were given, such shares will be voted for the nominees listed in Proposal One and for Proposals Two and Three. The Secretary will now describe the voting procedures. The time is now 7:07 A.M. Pacific Time on May 28th, 2025, and the polls are open for voting on each of the proposals described by the Chairman. Voting is by proxy and virtual written ballot. You do not need to vote again if you have already voted your proxy by telephone, mail, or the internet. There is an order of business set out in the agenda so that we can proceed in an orderly and expeditious manner. As a reminder, an opportunity to raise questions will be provided following the formal business proceedings. Anyone still wishing to vote should vote electronically by entering their 16-digit control number into the virtual shareholder meeting platform. We will pause for approximately 30 seconds to allow for any additional voting. It is now 7:09 A.M. Pacific Time on May 28th, 2025, and the polls are closed for voting on each matter presented. May we have the preliminary voting results? Please note any votes that were cast during today's meeting will not be reflected until the final report of the Inspector of Elections. The preliminary results from the Inspector of Elections covering the proposals presented at this meeting indicate Proposal One to elect the persons nominated for director to the Board of Directors of the company is carried. Proposal Two to approve on a non-binding advisory basis the compensation of the company's named executive officers is approved. Proposal Three, the ratification of the appointment of Deloitte & Touche LLP as the independent registered public accounting firm of the company for the year ending December 31, 2025, is approved. The final report of the Inspector of Elections will be filed with the minutes of this meeting, and the final results will be included in an 8-K filed with the SEC. We will now review questions submitted by stockholders in advance of and during this meeting through the virtual meeting website. As a reminder, questions are subject to our rules of conduct, which permits the company, among other things, to group, summarize, and answer similar questions together. Will investor relations please advise if we have any questions? We have received the following question: How are you thinking about investing in the business during this time of economic uncertainty? We have strong conviction in our outlook and are accelerating our investment in innovation and brand building. That's because we have seen firsthand how these investments drive strong member and product growth, which in turn drives durable revenue growth and strong returns. The opportunity in front of us is too massive to risk underinvesting in it. I'd also add that we are building from a position of strength as the only digital company with a comprehensive one-stop-shop platform, and our value proposition has never been more relevant to the members and clients we serve. In fact, we just reported our best quarter ever for both member and product growth. This year, we've already rolled out a number of new products and features and have more on the way. For example, in SoFi Money, we completed the rollout of self-service wires in the first quarter of 2025. We are now the only company that offers digital person-to-person payments via phone number or email address and the ability to send money via Zelle, ACH, or self-serve wires. In SoFi Invest, we improved our single stock presentations, made it easier to move 401(k) assets to SoFi, and expanded our unmatched alternative investment opportunities by offering members the ability to invest in privately held companies like Anthropic. In our lending business, in the midst of uncertainty around the student loan options in the market, we launched a refinancing solution known as Smart Start, helping members find their footing and build long-term savings. In the coming quarters, we will launch additional products and features, including a personal loan product for Prime credit card customers that carry revolving balance and are making mostly interest-only payments, new AI-driven features to help members spend less than they make and invest the rest, level one options, and we hope to launch certain crypto or blockchain offerings by the end of the year. Ultimately, all of our investments and innovations are focused on helping members get their money right and realize their ambitions. We have also received the following question: How do you plan to further diversify your revenue? Taking a step back, we've been on a path to diversify our revenue towards more capital-light, fee-based sources to provide durable growth and strong returns through a variety of environments. In the first quarter, we generated record fee-based revenue of $315 million, which was up 67% year-over-year, and now represents nearly $1.3 billion of annualized fee-based revenue. We will continue to grow our fee-based revenue through brokerage fees generated by our invest product, as well as through increased debit and credit card spend, and through our loan platform business. In less than a year, we've grown the loan platform business to an annualized run rate of over $6 billion of originations and more than $380 million of additional high-margin, high-return fee-based revenue. Our last question for today's meeting is: What is the current appetite for SoFi's loans from consumers and the capital markets? Overall, the appetite for our loans from our members and the capital markets remains extremely strong. Including the Loan Platform Business, we had our best quarter ever for originations and ended up selling or transferring over $3 billion of personal and home loans. That is over $12 billion of annualized demand in Q1 alone. We also signed over $8 billion of LPB partnerships so far this year, which will drive an acceleration in LPB volume in Q2. So far, our LPB partnerships have mostly targeted loans within our credit box, but we have a significant opportunity to monetize the $100 billion plus of loan volume that is currently being declined. As a reminder, we do not take on any of the ongoing credit risk or capital requirements for these loans, so this is clearly a great opportunity for us to generate more fee-based revenue. That will complete the question-and-answer period. If a question posted was not answered, such matters may be raised separately after the meeting by contacting our investor relations team. The email address and the phone number are on our website. Thank you for attending the company's 2025 Annual Meeting of Stockholders. The 2025 Annual Meeting of Stockholders has now concluded. You may now disconnect. The host has ended.