Richard Miller
VP, General Counsel & Secretary

[Audio Gap] of Snap-on, it is my honor to serve as parliamentarian for today's events. [Operator Instructions] Today's meeting is being webcast and recorded, and a recording will be available on our website, snapon.com, shortly following.

I now call the 2026 Annual Meeting of Shareholders to order. We have made the order of business and rules of order available to all attendees, and I've just asked that you please all abide by them. It is now 10:03 a.m. on April 30, and the polls are officially open. If anyone has not yet voted and would like to do so, our inspectors of election, Abby Cowart and Fred Papenmeier of Computershare in the back, and they can record your vote. It seems like everybody has already voted.

The following members of our Board of Directors are in attendance today and each has been nominated as a candidate for reelection at today's meeting. In addition, Mr. James Holden, a Director since 2007; and our Lead Director, retired President and Chief Executive Officer of DaimlerChrysler Corporation is also nominated but unfortunately, was not able to join us today. When I say your names, please stand.

David Adams, Director since 2017 and Retired Chairman of the Board and Chief Executive Officer of Curtiss-Wright Corporation; Karen Daniel, Director since 2005 and retired Division President and Chief Financial Officer of Black & Veatch Corporation. Ruth Ann Gillis, Director since 2014 and retired Executive Vice President and Chief Administrative Officer of Exelon Corporation; Nathan Jones, Director since 2008 and Retired President, Worldwide Commercial and Consumer Equipment Division of Deere & Company; Henry Knueppel Director since 2011 and retired