Thank you all. At this time, I would like to hand over the call to Mr. Arun Jeldi, Chief Executive Officer of Velo3D and Chair of the meeting. Mr. Jeldi? Thank you, operator. Good afternoon, ladies and gentlemen. I am Arun Jeldi, Chief Executive Officer of Velo3D. It is my pleasure, on behalf of the company and our board of directors, to welcome you to the annual meeting of Velo3D stockholders. Thank you for joining us today. Today, stockholders are attending the virtual stockholder meeting via web portal. We will conduct the business portion of our annual meeting and then hold an open session to answer questions afterwards. In keeping with the virtual business approach to this year's meeting, for the record, I note that this meeting began at 1:00 P.M. Pacific Time on Wednesday, June 10th, 2026. This meeting is now officially called to order. I am joined today by Jim Suva, Velo3D's Chief Financial Officer, and Nancy Krystal, who will serve as Secretary of the meeting. We also have, by remote access, Heather Obi from Broadridge, who has been appointed as the Inspector of Elections for this meeting and will tabulate results of the voting. Ms. Obi has executed the Oath of Inspector of Elections, which will be incorporated into the minutes of this meeting. Tyrel Wilcox of Frank, Rimerman + Co. LLP, our independent registered public accounting firm. We are also joined by other members of Velo3D's board of directors and management team. Thanks to everyone for joining. Now that we are all present, Ms. Krystal will conduct the votes of the stockholders for the proposals to be considered today. After adjournment, we will answer appropriate questions during the time allotted for the question- and- answer period. Thank you, Arun, and again, welcome to everyone who is participating today. April 15, 2026, was fixed by the board of directors as the record date for the proposals to be voted on at this meeting. Only holders of record of Velo3D's common stock as of the close of business on the record date are entitled to vote at this meeting. I have an affidavit from Broadridge Financial Solutions, Inc., attesting that a notice of internet availability of proxy materials was originally mailed on or about April 27, 2026, to each holder of common stock of Velo3D as of the close of business on the record date. The affidavit of mailing of the notice will be attached to the minutes of this meeting. If any stockholder present has not returned a proxy or desires to revoke a proxy and vote today, that stockholder should sign in at www.proxyvote.com and vote now so that a final tally of the number of shares present can be calculated. Voting is by proxy and electronic ballot. 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. I have been informed by the Inspector of Elections that a quorum of shares is represented, and this constitutes a quorum for the meeting today, and we may now carry out the official business of the meeting. I will now turn the meeting to Jim to review the agenda and voting procedures. Thank you, Nancy. I will now review the five proposals on which the shareholders may vote. Proposal number one is the election of two Class II directors, each to serve a three-year term expiring at the 2029 annual meeting of stockholders and until such director's successor is duly elected and qualified. Proposal number two is the ratification of the appointment of Frank, Rimerman + Co. LLP as our independent registered public accounting firm for the year ending December 31st, 2026. Proposal number three is the approval on an advisory, non-binding basis of the compensation of the company's named executive officers. Proposal number four is the approval on an advisory, non-binding basis of the frequency with which the company will hold an advisory, non-binding vote on the compensation of the company's named executive officers. Proposal number five is the approval of an amendment to the 2021 Equity Incentive Plan to, among other things, increase the number of shares of common stock authorized for issuance thereunder by 2,860,000 shares. Again, if you have previously returned a proxy or voted by phone or through the internet and do not wish to revoke your proxy or change your vote you do not need to vote at this meeting. Your vote has already been included in the proxy count. If you did not return a proxy or wish to change your vote, please vote now by clicking the Vote button on the webcast portal and follow the instructions there. Proposal number one is the election of two Class II directors. The board of directors has nominated each of Stefan Krause and Lily Mei to be elected as Class II directors of the company, each to serve until our annual meeting of stockholders to be held in 2029, and until his or her successor is duly elected and qualified, or until his or her 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 rules of the Securities and Exchange Commission. Therefore, no other nominations may be accepted. Our board of directors recommends a vote for the election of each of the nominated directors. The second item of business is to vote on proposal number two, the ratification of the appointment of Frank, Rimerman + Co. LLP as our independent registered public accounting firm for the year ending December 31st, 2026. Our board of directors recommends a vote for the ratification of the appointment of Frank, Rimerman + Co. LLP. Proposal number three is the approval on an advisory, non-binding basis of the compensation of the company's named executive officers as disclosed in the proxy statement. This proposal is commonly referred to as a say on pay vote. Our board of directors recommends a vote for the approval on an advisory, non-binding basis of the compensation of the company's named executive officers. Proposal number four is to indicate on an advisory, non-binding basis whether the advisory vote to approve named executive officer compensation should be held every one year, two years, or three years. Our board of directors recommends a vote of one year for the frequency of future advisory votes on named executive officer compensation. Proposal number five is the approval of an amendment to the 2021 Equity Incentive Plan to, among other things, increase the number of shares of common stock authorized for issuance thereunder by 2,860,000 shares. The additional shares are in addition to the existing annual evergreen increases under the plan. Our board of directors recommends a vote for the approval of the amendment to the 2021 Equity Incentive Plan. On this June 10th, 2026, because no further business is scheduled to come before the stockholders, the polls are now open. Any stockholder who hasn't yet voted or wishes to change their vote may do so by clicking on the voting button on the web portal and following the instructions there. Stockholders who have sent in proxies or voted via telephone or internet and do not want to change their vote do not need to take any further action. As we pause to give stockholders a chance to vote or change their vote, I would like to remind everyone that during the course of this annual meeting of stockholders and in the following question and answer period, the company files documents from time to time with the Securities and Exchange Commission, including the company's annual report on Form 10-K for the year ended December 31st, 2025, and the company's quarterly report on Form 10-Q for the quarter ended March 31st, 2026, which describe important factors and include a discussion of risks, which you should understand and that could cause actual results to differ materially from those expressed or implied in our forward-looking statements. Copies of our 10-K and 10-Q can be found online at our website, ir.velo3d.com. Now that everyone has had the opportunity to vote, I declare the polls closed. I will now turn it back to Nancy for the preliminary results. I now have the preliminary report of the Inspector of Elections. The report of the Inspector of Elections covering the proposals presented at this meeting is as follows. Based on the results tabulated in the preliminary report with respect to proposal number one, each of Stefan Krause and Lily Mei has been elected to the Board of Directors as a Class II director. Based on the results tabulated in the preliminary report with respect to proposal number two, the appointment of Frank, Rimerman + Co. LLP as an independent registered public accounting firm for the year ending December 31, 2026, has been ratified. Based on the results tabulated in the preliminary report with respect to proposal number three, the compensation of the company's named executive officers on an advisory, non-binding basis has been approved. Based on the results tabulated in the preliminary report with respect to proposal number four, the stockholders have indicated on an advisory, non-binding basis a preference of one year as the frequency for future advisory votes on named executive officer compensation. Based on the results tabulated in the preliminary report with respect to proposal number five, the amendment to the 2021 Equity Incentive Plan has been approved. The final report of the Inspector of Elections will be recorded and included in the minutes of this meeting. We will also be reporting the final voting results in a Form 8-K to be filed within four business days. With the voting on the proposal concluded, I turn the meeting back to Arun, who may draw this meeting to a close as chairperson of the meeting. Thank you, Nancy and Jim. The business portion of 2026 annual meeting of stockholders of Velo3D is now closed. This meeting hereby adjourned. With that, I thank everyone for their participation and support. I invite questions of the team from our stockholders through the web portal. We will answer appropriate business-related questions as the time allows. Thanks, Arun. There are no questions in the queue right now. We thank you all very much for attending this year's meeting of stockholders. The meeting has now concluded. The meeting is now concluded. Thank you for joining and have a pleasant day.
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