Item 5.07. Submission of Matters to a Vote of Security Holders.
On July 14, 2026, the Company held the Annual Meeting at 9:00 a.m., Mountain Time. Holders of the Company's Class A common stock were entitled to forty votes for each share held as of the close of business on May 22, 2026 (the "Record Date"), and holders of the Company's Class B common stock were entitled to one vote for each share held as of the Record Date. The Class A common stock and Class B common stock outstanding as of the Record Date voted as a single class on all matters.
Present at the 2026 Annual Meeting in person or by proxy were holders of shares of Class A common stock and Class B common stock representing an aggregate of 165,310,450 votes, or approximately 95.86% of the voting power of all issued and outstanding shares as of the Record Date, entitled to vote at the 2026 Annual Meeting, constituting a quorum.
The following is a brief description of each matter voted upon at the 2026 Annual Meeting and the number of votes cast for, against or withheld, as well as the number of abstentions and broker non-votes, as applicable to each such matter. The matters voted upon were as follows:
Proposal 1. Election of Directors
The stockholders voted on a proposal to elect eight directors to the Company's Board of Directors, each to serve one-year terms. The results of the voting were as follows:
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Nominee
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Votes For
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Votes Withheld
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Broker Non-Votes
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Joshua G. James
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138,263,314
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10,045,197
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17,001,939
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Carine S. Clark
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147,342,186
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966,325
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17,001,939
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Daniel Daniel
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147,185,144
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1,123,367
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17,001,939
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Jeff Kearl
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141,789,161
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6,519,350
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17,001,939
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Dan Strong
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147,475,201
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833,310
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17,001,939
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Renée Soto
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143,546,812
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4,761,699
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17,001,939
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David Jolley
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147,461,966
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846,545
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17,001,939
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Ryan Wright
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143,553,339
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4,755,172
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17,001,939
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Pursuant to the foregoing votes, each of the director nominees was elected to serve on the Board of Directors. There were no additional director nominations brought to the 2026 Annual Meeting.
Proposal 2. Ratification of Appointment of Independent Registered Public Accounting Firm
The stockholders voted on a proposal to ratify the selection of Ernst & Young LLP as the Company's independent registered public accounting firm for the fiscal year ending January 31, 2027. The results of the voting included 164,225,100 votes for, 449,388 votes against, 635,962 votes abstained and no broker non-votes. The appointment of Ernst & Young LLP to serve as the Company's independent registered public accounting firm for the fiscal year ending January 31, 2027 was ratified.
Proposal 3. Advisory Vote on Compensation of Named Executive Officers ("Say-On-Pay")
The stockholders voted on a proposal for the approval, on an advisory basis, of the compensation of the Company's named executive officers. The results of the voting included 144,640,298 votes for, 3,581,707 votes against, 86,506 votes abstained and 17,001,939 broker non-votes. The compensation of the Company's named executive officers was approved, on an advisory basis.