Hello, everyone, and welcome to the 2021 annual meeting of stockholders for Encore Wire Corporation. I would now like to introduce Daniel Jones, who will lead today's meeting. Thank you. The 2021 annual meeting of stockholders of Encore Wire Corporation is called to order. My name is Daniel L. Jones, and I currently serve as Chairman, President, and Chief Executive Officer of the company. I will act as chairman of the meeting, and Bret J. Eckert, the Vice President of Finance, Treasurer, Secretary, and Chief Financial Officer of the company, who's also present on the line, will act as secretary of the meeting. The meeting website contains an electronic copy of the rules of conduct. To conduct an orderly meeting, we ask participants to abide by these rules of conduct. Thank you for your cooperation. At this time, I would like to introduce the current directors of the company who are present on the line. Gregory J. Fisher, former Chief Financial Officer of Taylor Companies, LLC and former Senior Vice President, Chief Financial Officer, and Controller of ElkCorp. William R. Thomas III, private investor, President of the Thomas Heritage Foundation, and Director of Capital Southwest Corporation. Scott D. Weaver, former Vice President and Director of Western Refining, Inc., and former member of the board of managers of the general partner of Western Refining Logistics, LP and the general partner of Northern Tier Energy LP. Gina A. Norris, Senior Vice President, Partner Relations at Matthews Southwest, a private real estate development company, and John H. Wilson, President of US Equity Corp. Thank you. Lastly, let me recognize the following. Jesse Betts of Thompson & Knight, counsel to the company, is present on the line. Mr. Betts will serve as Inspector of Election for this meeting. Cameron Darden, representing Ernst & Young LLP, the company's auditing firm, is also present on the line. At this point, I will formally convene the meeting. Mr. Eckert, will you confirm the presentation of an electronic list of the stockholders entitled to vote at this meeting? Mr. Chairman, I presented a complete electronic list of stockholders of the company entitled to vote as of the close of business on March 18th, 2021, the record date for this meeting. This list is available for your review by pressing the RSL button on the lower right corner of your screen. Will the Inspector of Election confirm that evidence was presented to show that notice of this meeting was properly given to all stockholders? Mr. Chairman, I have presented to you electronically the following documents relating to the calling and convening of this annual meeting of stockholders of the company. First, a notice, proxy statement, and proxy. Second, an affidavit of Broadridge Financial Solutions, Inc. that such notice, proxy statement, and proxy were mailed on March 29th, 2021, to stockholders of the company at the close of business on March 18, 2021, the record date for this meeting. Will the Inspector of Election now present the attendance report? Mr. Chairman, according to the report of Broadridge, the company's tabulator for this meeting, there are present at this webcast meeting the holders of 19,105,175 shares, representing approximately 92.59% of the outstanding shares of common stock of the company entitled to vote at this meeting. Thank you, Jesse. On the basis of that report, I declare that a quorum is present and this meeting is now open for business. It is 9:04 A.M. on May 4th, 2021, and the polls for meeting on all matters are open. All company stockholders entitled to vote at this meeting have the ability to do so online by pressing the Voting button on the lower right corner of your screen to open the voting window. 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 Inspector of Election will provide his preliminary report. We will move now to a review of the proposals to be voted on at this meeting. The first proposal is the election of directors. Directors of the company are elected annually and hold office until their respective successors are elected and qualified. At the outset of this meeting, I introduced the current directors of Encore Wire. All of these individuals are nominated for election for the ensuing year. Information about the nominees and their business experience is set forth in the proxy statement for this meeting. Since no other nominations for director have been received, I declare that nominations are closed. The second proposal is a non-binding advisory vote of the compensation of the company's named executive officers. This proposal is advisory. Although non-binding, the vote will provide information to our compensation committee and our board of directors regarding investor sentiment about our executive compensation philosophy, policies, and practices, which our compensation committee and our board of directors will be able to consider when making future executive compensation decisions. The third proposal is to ratify the appointment of Ernst & Young LLP as the company's independent registered public accounting firm for the fiscal year ending December 31, 2021. The board of directors has unanimously recommended voting for all nominees for director and for each other proposal I just described. Are there any questions or comments on the proposals? No questions. Seeing none, we will move on. The online voting polls are about to close, so if you have not yet voted, please do so. Since everyone has had the opportunity to vote, it is now 9:07 A.M. and the polls are closed. I believe the inspector of election is ready to report the preliminary results of the voting at this meeting. Mr. Betts. Mr. Chairman, I report that preliminary results of voting show that the six persons who received the greatest number of votes in the election of directors are Daniel L. Jones, Gregory J. Fisher, Gina A. Norris, William R. Thomas III, John H. Wilson, and Scott D. Weaver. I further report on a preliminary basis that the holders of 17,332,590 shares, representing at least a majority of the outstanding shares of common stock of the company having voting power present in person or represented by proxy, voted in favor of the resolution to approve, on an advisory basis, the compensation paid to the company's named executive officers. The holders of 18,845,079 shares, representing at least a majority of the outstanding shares of common stock of the company having voting power present in person or represented by proxy, voted in favor of the ratification of the appointment of Ernst & Young LLP as the company's independent registered public accounting firm for the year ending December 31, 2021. I expect to remit my final report to the Secretary within 24 hours. Thank you, Mr. Betts. We will file the final report of the inspector of election with the records of this meeting. We expect to report the results of the voting on a Form 8-K to be filed with the SEC within four business days of this meeting. This completes the scheduled business to be conducted at this meeting. The meeting is now adjourned. I now invite you to ask any questions you may have regarding the company and its business. In addition, Cameron Darden of Ernst & Young is available to answer questions about the company's financial statements. Please press the Q&A button on the lower right corner of your screen to submit questions. No questions. I want to take this opportunity to thank the stockholders for their continued support and for their attendance at this meeting.
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