Item 5.07. Submission of Matters to a Vote of Security Holders.
The Company's Annual Meeting of Stockholders (the "Annual Meeting") was held on April 23, 2026. The record date for determination of stockholders entitled to vote at the Annual Meeting was February 13, 2026. There were 16,940,785 shares of common stock outstanding as of that date, with each such share being entitled to one vote. At the Annual Meeting, the holders of 14,049,876 shares, or approximately 82.9 percent of the outstanding shares, were represented in person or by proxy, which constituted a quorum for the Annual Meeting. The following proposals were voted on at the Annual Meeting:
Proposal 1 - Election of Directors
Eight directors were elected to serve for a one year term or until their successors are elected and qualified. The voting results to elect each director were as follows:
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For
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Withheld
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Broker Non-Votes
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Lisa J. Elming
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10,623,848
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379,431
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3,046,597
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Steven K. Gaer
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10,651,685
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351,594
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3,046,597
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Douglas R. Gulling
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10,918,882
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84,397
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3,046,597
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Sean P. McMurray
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10,650,623
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352,656
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3,046,597
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David D. Nelson
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10,919,163
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84,116
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3,046,597
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Rosemary Parson
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10,923,229
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80,050
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3,046,597
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John K. Sorensen
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10,925,257
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78,022
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3,046,597
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Therese M. Vaughan
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10,898,547
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104,732
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3,046,597
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Proposal 2 - Approval, on a nonbinding basis, of the 2025 executive compensation disclosed in the Company's definitive proxy statement, which was filed with the Securities and Exchange Commission on March 3, 2026.
The voting results to approve the above proposal were as follows:
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For
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Against
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Abstain
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Broker Non-Votes
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Approval of 2025 executive compensation
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10,573,274
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418,364
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11,641
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3,046,597
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Proposal 3 - Ratification of the appointment of RSM US LLP as the Company's independent registered public accounting firm for the year ending December 31, 2026.
The voting results to ratify the above proposal were as follows:
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For
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Against
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Abstain
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Broker Non-Votes
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Ratification of RSM US LLP
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13,719,188
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324,557
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6,131
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-
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