Operator

Hello, and welcome to the Annual Meeting of Stockholders of Meritage Homes Corporation. Please note that today's meeting is being recorded. [Operator Instructions]

It is now my pleasure to turn today's meeting over to Phillippe Lord, the CEO of Meritage Homes Corporation. Mr. Lord, the floor is yours.

Phillippe Lord
CEO, Executive VP & Director

Good morning. My name is Phillippe Lord, the CEO of Meritage Homes Corporation. On behalf of Meritage, I would like to welcome you to our 2026 Annual Meeting of Stockholders. As is our practice, this year's meeting is being held virtually via live webcast. Joining me today via webcast are Steve Hilton, the company's Executive Chairman, who will act as Chairman of this meeting; as well as Malissia Clinton, the company's General Counsel and Secretary, will act as Secretary of this meeting; Jennifer Lippoldt of Computershare will serve as our inspector of elections today.

I would now like to ask Steve to lead us through the rest of this meeting. Steve?

Steven Hilton
Executive Chairman

Thank you, Phillippe. Good morning, everyone. As chairman of this meeting, at this time, I will call a meeting to order. Each of you should be able to access our agenda and rules of procedure via the web portal. We'll conduct the meeting according to that agenda and those rules. As is our custom, we will conduct the business portion of our meeting first, upholders can submit questions related to the election of directors or any other proposals on the ballot through the web portal, and we will address them during the meeting.