Today, welcome to the Xponential Fitness, Inc. annual meeting. Today's conference is being recorded. At this time, I would like to turn the conference over to Mike Nuzzo. Please go ahead, sir. Good morning, welcome to the 2026 annual meeting of stockholders of Xponential Fitness, Inc. I am Mike Nuzzo, Chief Executive Officer of the company. It is my pleasure to welcome you here today for this meeting and to introduce Mr. Mark Grabowski, our Chairman of the Board. Thank you, Mike, welcome everyone. Thank you for joining us today. We're excited to be hosting our virtual annual meeting, which allows us to be more inclusive and reach a greater number of stockholders. At the end of the meeting, if there are any questions from the stockholders, we will be happy to answer them to the extent they are appropriate. You can submit your written question through our online portal by selecting under the field, Ask a Question, on the webpage and type in your question. To ensure a fair process, we are limiting each stockholder to submit only one question at the annual meeting. It is now 10:01 A.M. Pacific Time on May 20th, 2026, and this meeting is officially called to order. Now I would like to introduce the other members of the board and management present today. In addition to myself, board members Nicole Parent Haughey, Rachel H. Lee, and Lily Yang. We also have with us today several members of our executive management team, our Interim Chief Financial Officer, Robert Julian, our President, Danielle Porto Parra, our Chief People Officer, Fabienne Lopez, our Chief Marketing Officer, Steph So, our President of International, Bob Kaufman, our Chief Information Officer, Erik Quade, as well as our Chief Administrative Officer and Chief Legal Officer, Gavin O'Connor. Gavin will be acting as Secretary for the meeting. I will now turn to Gavin to explain other procedural items for the meeting. Thank you, Mark. We are also joined here today by Kathryn Seghers from Deloitte & Touche LLP, our independent auditor. They will be available to respond to appropriate questions from stockholders. Finally, the company has appointed Richard Lizza Jr. of The Carideo Group to act as Inspector of Election for the annual meeting. Mr. Lizza is with us today and has taken the oath of Inspector of Election previously. The Board of Directors fixed March 30, 2026, as the record date for determining stockholders entitled to vote at this meeting. An affidavit has been delivered attesting to the fact that a notice of internet availability of the notice of the meeting, the proxy statement, and the 2025 annual report to stockholders were mailed on or about April 24, 2026, to all stockholders as of the record date and will be incorporated into the minutes of this meeting. Each holder of Class A and Class B common stock is entitled to one vote for each share of such common stock. The stockholder list shows that as of the record date, there were 41,811,616 shares of Class A common stock issued and outstanding, and 7,303,324 shares of Class B common stock issued and outstanding, representing a total voting power of 49,114,940 votes. We are informed by the Inspector of Election that there are represented in person or by proxy shares of common stock representing 38,459,244 votes, or approximately 78% of the voting power on the record date. Since this represents more than a majority of the voting power of all issued and outstanding stock entitled to vote on the record date, a quorum is present for purposes of transacting business. Now I will present the matters to be voted upon. Proposal 1 is the election of directors. For the election of Rachel H. Lee and Lily Yang as Class 2 directors to hold office until the 2029 annual meeting of stockholders, or until each of their successor is duly elected and qualified. Proposal 2 is to approve and ratify the appointment of Deloitte & Touche LLP as the independent registered public accounting firm of the company for the fiscal year ending December 31, 2026. It is now 10:05 A.M. Pacific Time and 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. Now that everyone has had the opportunity to vote, I now declare the polls for the 2026 annual meeting of stockholders closed. We have been informed by the Inspector of Election that the preliminary vote report shows that the nominees for election to the board have been duly elected, and that the appointment of Deloitte & Touche LLP as the independent registered public accounting firm of the company for the fiscal year ending December 31, 2026, has been approved and ratified. We will be reporting the final vote results in a Form 8-K to be filed within four business days. With that, I turn the meeting over to Mark Grabowski, our Chairman of the Board. Thank you, Gavin. We have concluded the formal proceedings of the annual meeting. We will move to the Q&A session with stockholders. Gavin, please let us know whether any questions from stockholders have been submitted. No, we did not receive any questions from stockholders. Thank you, Gavin. As no questions were submitted, I declare that this meeting is now adjourned. We thank you for your attendance today and continued support. Thank you and have a great day. This concludes today's call. Thank you for your participation. You may now disconnect.