Good afternoon, and welcome to Wealthfront's 2026 annual meeting of stockholders. Please note that this event is being held via live webcast. I would now like to turn the meeting over to David Fortunato, Chief Executive Officer and President of Wealthfront, and Chairperson of the annual meeting. You may begin. Thank you. Welcome, everyone, and thank you for joining us for our 2026 annual meeting of stockholders. I am David Fortunato, Chief Executive Officer and President of Wealthfront. I will act as the chairperson of this annual meeting and now call the meeting to order. We are excited to be hosting our annual meeting virtually with our stockholders attending via virtual webcast. Through this online platform, we believe we're able to increase stockholder participation. Wealthfront began with the insight that advances in technology could make intelligent investing effortless. We strive to deliver on this insight by prioritizing technology in everything that we do. We started by pioneering automated investing and have grown into a leading consumer fintech that helps clients achieve their financial goals with innovative savings, investing, borrowing, and lending products. We put our clients' interests first with the expectation that this will ultimately benefit us in the future. There's a lot more for us to build to meet the needs of our current and future clients. In a world full of uncertainty and financial complexity, we endeavor to put our clients in control of building wealth effortlessly and give them the confidence to pursue their futures. I would now like to introduce Lauren Lin, our Chief Legal Officer, Chief Compliance Officer, and Secretary, who will act as Secretary of this annual meeting and keep the minutes. Thank you. I'm advised by the Inspector of Elections that over a majority of the voting power of our outstanding shares of common stock entitled to vote at this meeting is present or represented by proxy here today, and that a quorum is therefore present. It is now 2:02 P.M. Pacific, polls are now open for voting. Voting is by proxy and electronic ballot. Any stockholder who has not voted or wishes to change his or her vote may do so by clicking on the Vote button on the webcast portal and following the instructions there. 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. Their votes will be counted automatically. We expect to close the polls shortly after the presentation of matters to be voted on at the meeting and the question and answer session. In addition to David and myself, we are also joined on this call today by members of our board of directors, our Chief Financial Officer, Alan Imberman, and other members of our senior management team. Also present are Ben Castelli of Ernst & Young LLP, our independent registered public accounting firm, who will be available during the question and answer session to respond to appropriate questions, and Lou Larsen of Broadridge Financial Services Inc., this meeting's Inspector of Elections, who has executed the oath of Inspector of Elections and will act as the Inspector of Elections for this meeting and tabulate results of the voting. Let's now turn to the formal business of this meeting. The proposals to be considered are described in our proxy statement dated May 11th, 2026, and I'll review those in a few minutes. First, I'll report on the notice for this meeting. Our board of directors fixed April 27th, 2026, as the record date for determining the stockholders entitled to vote at this meeting. I present to this meeting an affidavit of Broadridge attesting that a notice of internet availability of proxy materials was mailed on or about May 11th, 2026, to all of the company's stockholders of record determined as of the close of business on the record date. The affidavit will be incorporated into the minutes of this meeting. Pursuant to the recent amendments to Delaware General Corporation Law Section 219, a list of the stockholders entitled to vote at this meeting was available upon request for examination by any stockholder during ordinary business hours at the corporation's headquarters for a 10-day period ending yesterday. The list of stockholders shows that as of the record date, there were 149,502,419 shares of our common stock outstanding and entitled to vote at this meeting, with each share of common stock entitled to one vote. As previously mentioned, a quorum is present. We're therefore authorized to transact business at this meeting. I will now present the matters to be voted upon. As stated in the notice of this annual meeting and our proxy statement, the first item of business is the election of our Class I directors, each of whom is currently serving as a director on our board of directors, each to be elected for a three-year term expiring at our 2029 annual meeting of stockholders and until his successor has been duly elected and qualified, or until his earlier death, resignation, disqualification, retirement, or removal. The director nominees are David Fortunato and Andrew S. Rachleff. No other director nominees have been properly submitted for election pursuant to our amended and restated bylaws or the Securities and Exchange Commission rules. Therefore, no other nominations may be accepted. The board of directors recommends a vote for the election of each of the nominated directors. As Secretary of this annual meeting and on behalf of the board of directors, I move for the election of each of the nominated directors, which motion is seconded by proxy. The second item of business is to ratify the appointment of Ernst & Young LLP as our independent registered public accounting firm for the year ending January 31st, 2027. The board of directors recommends a vote for the ratification of the appointment of EY. As Secretary of this annual meeting and on behalf of the board of directors, I move for the approval of this proposal, which motion is seconded by proxy. We will now address any questions that stockholders have submitted that are relevant to the proposals. Please note that we will not address any questions that are unrelated to the matters presented at this meeting. Only validated stockholders are permitted to submit questions, and you must have your 16-digit control number to do so. Stockholders are limited to one question each. Though we may not be able to answer every question, we will do our best to respond to as many in the time permitted. The time permitted for the question and answer session is limited to 10 minutes. If we do not receive any relevant questions, we will conclude the question and answer session sooner. We do not see any questions, and we will now proceed to vote on the previously discussed proposals. We will close the polls momentarily, but will allow a short period of time now to permit remaining stockholders to cast ballots. It is now 2:07 P.M. Pacific. Now that everyone has had the opportunity to vote, I now declare the polls for the annual meeting of Wealthfront closed at 2:08 P.M. Pacific on June 23rd, 2026. We now have preliminary voting results. Directors elected pursuant to proposal one are elected by a plurality of the votes cast by holders of shares of our common stock present virtually or represented by proxy at the meeting and entitled to vote on this proposal. Based on the results as tabulated by the Inspector of Elections, David Fortunato and Andrew S. Rachleff have received the highest number of four votes cast and therefore have each been elected to the board of directors. The vote required to approve proposal two is the affirmative vote of the holders of majority of the voting power of the shares of common stock entitled to vote on proposal two that are present virtually or represented by proxy at the meeting and are voted for or against the matter. Based on the results as tabulated by the Inspector of Elections, the proposal to ratify the appointment of EY as the company's independent registered public accounting firm for the year ending January 31st, 2027, has been approved by a majority of the votes cast. The annual meeting is now adjourned. Final results of the vote will be recorded as stated in the minutes of this meeting and also filed with the Securities and Exchange Commission on a current report on Form 8-K within four business days. Thank you for your participation. The 2026 annual meeting of stockholders of Wealthfront has now come to an end. You may now disconnect.
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