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SKYWEST INC Call Transcript 2026

May 5, 2026

Call Transcript

SKYWEST INC

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Good day. Welcome to the SkyWest, Inc. 2026 Annual Meeting of Shareholders. I would like to turn the conference over to James Welch, Chairman of the Board. Please go ahead. Good morning. I'm James Welch, Chairman of the Board of SkyWest. Welcome to the SkyWest 2026 Annual Shareholders Meeting. I would like to thank our shareholders for joining us today in this virtual format. If you encounter any technical difficulties accessing or navigating the web portal for this meeting, please use the technical support phone number provided on the meeting webpage. Consistent with past practice, we will conduct the business portion of the meeting first. Following the meeting, I will turn the call over to Chip Childs, President and Chief Executive Officer of SkyWest, for closing comments. Any shareholder 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 contained therein as the polls are now open. Shareholders who have already sent in their proxies or voted via telephone or internet and do not want to change their vote do not need to take any further action. As outlined in the proxy statement, shareholders were given the opportunity to submit questions pertaining to the business matters in advance of today's meeting. I will now introduce the directors of SkyWest who are nominated for election and participating on today's call. James Welch, Russell Chip Childs, Smita Conjeevaram, Derek Leathers, Meredith Madden, Ronald Mittelstaedt, and Keith Smith. Also joining us today are several corporate officers of SkyWest, including Chip Childs, President and CEO, Robert Simmons, Chief Financial Officer, Wade Steel, Chief Commercial Officer, Eric Woodward, Chief Accounting Officer, and Dale Hansen, General Counsel and Corporate Secretary. Other guests joining us today include Shelene Brown from Zions First National Bank, serving as our transfer agent, and Chris Okawa from Ernst & Young, serving as our independent auditor. We will now call the annual shareholders meeting to order. An affidavit has been delivered attesting to the fact that a notice of the annual meeting, the proxy statement describing the matters of the business to be addressed at this meeting, and instructions on how to vote were mailed on or about March 25th, 2026, and were made available to each shareholder of record as of the close of business on March 5th, 2026, the record date for this meeting. On that date, there were 40,178,237 shares of common stock issued and outstanding. A list of shareholders as of the close of business on the record date is available on the web portal for your review. The board of directors has appointed Zions First National Bank to act as an inspector of election at this meeting. Zions is represented today by Shelene Brown. I have been informed by the inspector of election that the shares present, attending virtually or represented by proxy, are in excess of the quorum requirements, so we will begin the meeting. I declare this meeting lawfully and properly convened. We will proceed to the business for which this meeting has been called, as stated in the notice of annual meeting. The meeting will proceed as follows. First, I will introduce each of the four items that are to be voted upon at this meeting. After completion of the four items of business, I will report the results of the balloting and adjourn the official part of the meeting. Afterwards, Chip Childs, SkyWest President and CEO, will provide closing comments. The first item to be voted upon at this meeting is the election of the seven nominees for director described in the proxy statement to serve until the next annual meeting of shareholders of the company and until the respective successors have been duly elected and qualified. The board of directors recommends that you vote for the election of each of the seven nominees. The company's proxy statement contains the names and biographies of each nominee. The second item of business is commonly referred to as a say on pay proposal. We are asking our shareholders to approve on an advisory basis the compensation of the company's named executive officers as more fully described in the proxy statement. This vote is not intended to address any specific element of compensation. Rather, the vote relates to all aspects of compensation of those executive officers as described in the proxy statement. The Board of Directors recommends that you vote for this proposal. The third item of business is the proposal to ratify the appointment of Ernst & Young LLP to serve as the independent registered public accounting firm of the company for the year ending December 31st, 2026. The Board of Directors recommends that you vote for this proposal. The last item of business we will address at this meeting is a shareholder proposal as described in the proxy statement. As You Sow, on behalf of LongView 600 Small Cap Index Fund, a shareholder of SkyWest will be allowed to present the proposal at this time. Operator, please allow the representative to speak for two minutes. Good morning, President Childs and members of the board. I am Rachel Lowy and speak on behalf of As You Sow. I formally move proposal for requesting that SkyWest commission an independent third party to assess whether the company's policies and practices align with the internationally supported rights to freedom of association and collective bargaining. SkyWest successful operations depend on a stable and engaged workforce. This includes pilots, flight attendants, and ground crew who show up every day to keep passengers safe. How SkyWest treats those employees is not a peripheral concern. It is a core operational and financial risk. For a highly labor-dependent company like SkyWest, effective human capital management is core to operational continuity and long-term value creation. Yet SkyWest actions seem to indicate that it is anti-union. It operates a public website dedicated to discouraging unionization. Management has allegedly restricted employees from discussing unions in crew rooms, and airport police have allegedly been called to remove flight attendants for talking about organizing. Most concerning are the allegations related to the SkyWest Inflight Association. In 2023, the Association of Flight Attendants filed a lawsuit against SkyWest for violating the Railway Labor Act, including the termination of union activists and the unlawful establishment of a company-sponsored union. In 2024, the U.S. Department of Labor filed a lawsuit against that same company union for interference in its own internal elections. Seven in 10 Americans approve of unions, and 15% live in households with union membership, with a notably higher percentage of support for unions coming from people under 30. The SkyWest Inflight Association appears to create brand, legal, and operational risk for SkyWest. This resolution does not require SkyWest to become a pro-union company. It asks for an independent assessment of whether current practices align with internationally recognized labor rights standards. Investors deserve to know whether SkyWest's workforce practices are creating unnecessary legal, operational, and reputational exposure and what the company is doing about it. Thank you. Mr. Childs, you may respond to the shareholder presentation. Thank you, James. Over the past 53 years, SkyWest has been very successful with our people based on two primary guiding principles: integrity and transparency. There is no doubt that as we continue to press forward in a challenging industry, continuing to embrace these principles is more important than ever. Our people are the key to our success, and our four major airline partners recognize the value of SkyWest's unique culture. We appreciate their support and confidence as well as the support of our shareholders. We look forward to continuing to work together with our people to evolve and succeed. Thank you, Chip. The board of directors has considered the proposal and recommends that you vote against it for the reasons set forth in the proxy statement. As all of the shareholders virtually present at the annual meeting or by proxy have had an opportunity to vote, I will now declare that the polls are closed. The inspector of election has provided her report on the results of the voting. The report of the inspector of election indicates as follows. One, each of the seven nominees for director has received a majority of the votes cast and has been elected as a director of the company. Two, the proposal to approve on an advisory basis the compensation of the company's named executive officers has been approved. Three, the proposal to ratify the appointment of Ernst & Young LLP to serve as the independent registered public accounting firm of the company for the year ending December 31st, 2026, has been approved. Four, the shareholder proposal described in the proxy statement was not approved. These results will be included as a part of the official record of this meeting. There being no further business to come before the meeting, this concludes the formal portion of the meeting. The meeting is hereby adjourned. I will now turn the call over to Chip Childs for closing comments. Thank you for your interest in SkyWest and for joining us today. Demand for SkyWest services has never been stronger, and we are focusing on the core areas of our business that I believe will set us up for long-term growth. I also want to thank our professionals for their teamwork and dedication to exceptional service. Together, we remain focused on long-term success. I will now turn the call over to the operator. The company did not receive any questions from shareholders pertaining to today's business matters and will forego a question-and-answer session. Thank you for joining SkyWest's annual shareholder meeting. This concludes today's call, and you may now disconnect. Good day.

Speaker 2: Good day. Welcome to the SkyWest, Inc. 2026 Annual Meeting of Shareholders. I would like to turn the conference over to James Welch, Chairman of the Board. Please go ahead. Good day. good day Welcome to the SkyWest, Inc. 2026 Annual Meeting of Shareholders. welcome to the skywest inc 2026 annual meeting of shareholders I would like to turn the conference over to James Welch, Chairman of the Board. i would like to turn the conference over to james welch chairman of the board Please go ahead. please go ahead

Speaker 1: Good morning. I'm James Welch, Chairman of the Board of SkyWest. Welcome to the SkyWest 2026 Annual Shareholders Meeting. I would like to thank our shareholders for joining us today in this virtual format. If you encounter any technical difficulties accessing or navigating the web portal for this meeting, please use the technical support phone number provided on the meeting webpage. Consistent with past practice, we will conduct the business portion of the meeting first. Following the meeting, I will turn the call over to Chip Childs, President and Chief Executive Officer of SkyWest, for closing comments. Any shareholder 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 contained therein as the polls are now open. Good morning. good morning I'm James Welch, Chairman of the Board of SkyWest. i'm james welch chairman of the board of skywest Welcome to the SkyWest 2026 Annual Shareholders Meeting. welcome to the skywest 2026 annual shareholders meeting I would like to thank our shareholders for joining us today in this virtual format. i would like to thank our shareholders for joining us today in this virtual format If you encounter any technical difficulties accessing or navigating the web portal for this meeting, please use the technical support phone number provided on the meeting webpage. if you encounter any technical difficulties accessing or navigating the web portal for this meeting please use the technical support phone number provided on the meeting webpage Consistent with past practice, we will conduct the business portion of the meeting first. consistent with past practice we will conduct the business portion of the meeting first Following the meeting, I will turn the call over to Chip Childs, President and Chief Executive Officer of SkyWest, for closing comments. following the meeting i will turn the call over to chip childs president and chief executive officer of skywest for closing comments Any shareholder 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 contained therein as the polls are now open. any shareholder 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 contained therein as the polls are now open Shareholders who have already sent in their proxies or voted via telephone or internet and do not want to change their vote do not need to take any further action. As outlined in the proxy statement, shareholders were given the opportunity to submit questions pertaining to the business matters in advance of today's meeting. I will now introduce the directors of SkyWest who are nominated for election and participating on today's call. James Welch, Russell Chip Childs, Smita Conjeevaram, Derek Leathers, Meredith Madden, Ronald Mittelstaedt, and Keith Smith. Also joining us today are several corporate officers of SkyWest, including Chip Childs, President and CEO, Robert Simmons, Chief Financial Officer, Wade Steel, Chief Commercial Officer, Eric Woodward, Chief Accounting Officer, and Dale Hansen, General Counsel and Corporate Secretary. Shareholders who have already sent in their proxies or voted via telephone or internet and do not want to change their vote do not need to take any further action. shareholders who have already sent in their proxies or voted via telephone or internet and do not want to change their vote do not need to take any further action As outlined in the proxy statement, shareholders were given the opportunity to submit questions pertaining to the business matters in advance of today's meeting. as outlined in the proxy statement shareholders were given the opportunity to submit questions pertaining to the business matters in advance of today's meeting I will now introduce the directors of SkyWest who are nominated for election and participating on today's call. i will now introduce the directors of skywest who are nominated for election and participating on today's call James Welch, Russell Chip Childs, Smita Conjeevaram, Derek Leathers, Meredith Madden, Ronald Mittelstaedt, and Keith Smith. james welch russell chip childs smita conjeevaram derek leathers meredith madden ronald mittelstaedt and keith smith Also joining us today are several corporate officers of SkyWest, including Chip Childs, President and CEO, Robert Simmons, Chief Financial Officer, Wade Steel, Chief Commercial Officer, Eric Woodward, Chief Accounting Officer, and Dale Hansen, General Counsel and Corporate Secretary. also joining us today are several corporate officers of skywest including chip childs president and ceo robert simmons chief financial officer wade steel chief commercial officer eric woodward chief accounting officer and dale hansen general counsel and corporate secretary Other guests joining us today include Shelene Brown from Zions First National Bank, serving as our transfer agent, and Chris Okawa from Ernst & Young, serving as our independent auditor. We will now call the annual shareholders meeting to order. An affidavit has been delivered attesting to the fact that a notice of the annual meeting, the proxy statement describing the matters of the business to be addressed at this meeting, and instructions on how to vote were mailed on or about March 25th, 2026, and were made available to each shareholder of record as of the close of business on March 5th, 2026, the record date for this meeting. On that date, there were 40,178,237 shares of common stock issued and outstanding. Other guests joining us today include Shelene Brown from Zions First National Bank, serving as our transfer agent, and Chris Okawa from Ernst & Young, serving as our independent auditor. other guests joining us today include shelene brown from zions first national bank serving as our transfer agent and chris okawa from ernst & young serving as our independent auditor We will now call the annual shareholders meeting to order. we will now call the annual shareholders meeting to order An affidavit has been delivered attesting to the fact that a notice of the annual meeting, the proxy statement describing the matters of the business to be addressed at this meeting, and instructions on how to vote were mailed on or about March 25th, 2026, and were made available to each shareholder of record as of the close of business on March 5th, 2026, the record date for this meeting. an affidavit has been delivered attesting to the fact that a notice of the annual meeting the proxy statement describing the matters of the business to be addressed at this meeting and instructions on how to vote were mailed on or about march 25th 2026 and were made available to each shareholder of record as of the close of business on march 5th 2026 the record date for this meeting On that date, there were 40,178,237 shares of common stock issued and outstanding. on that date there were 40,178,237 shares of common stock issued and outstanding A list of shareholders as of the close of business on the record date is available on the web portal for your review. The board of directors has appointed Zions First National Bank to act as an inspector of election at this meeting. Zions is represented today by Shelene Brown. I have been informed by the inspector of election that the shares present, attending virtually or represented by proxy, are in excess of the quorum requirements, so we will begin the meeting. I declare this meeting lawfully and properly convened. We will proceed to the business for which this meeting has been called, as stated in the notice of annual meeting. The meeting will proceed as follows. First, I will introduce each of the four items that are to be voted upon at this meeting. A list of shareholders as of the close of business on the record date is available on the web portal for your review. a list of shareholders as of the close of business on the record date is available on the web portal for your review The board of directors has appointed Zions First National Bank to act as an inspector of election at this meeting. the board of directors has appointed zions first national bank to act as an inspector of election at this meeting Zions is represented today by Shelene Brown. zions is represented today by shelene brown I have been informed by the inspector of election that the shares present, attending virtually or represented by proxy, are in excess of the quorum requirements, so we will begin the meeting. i have been informed by the inspector of election that the shares present attending virtually or represented by proxy are in excess of the quorum requirements so we will begin the meeting I declare this meeting lawfully and properly convened. i declare this meeting lawfully and properly convened We will proceed to the business for which this meeting has been called, as stated in the notice of annual meeting. we will proceed to the business for which this meeting has been called as stated in the notice of annual meeting The meeting will proceed as follows. the meeting will proceed as follows First, I will introduce each of the four items that are to be voted upon at this meeting. first i will introduce each of the four items that are to be voted upon at this meeting After completion of the four items of business, I will report the results of the balloting and adjourn the official part of the meeting. Afterwards, Chip Childs, SkyWest President and CEO, will provide closing comments. The first item to be voted upon at this meeting is the election of the seven nominees for director described in the proxy statement to serve until the next annual meeting of shareholders of the company and until the respective successors have been duly elected and qualified. The board of directors recommends that you vote for the election of each of the seven nominees. The company's proxy statement contains the names and biographies of each nominee. The second item of business is commonly referred to as a say on pay proposal. After completion of the four items of business, I will report the results of the balloting and adjourn the official part of the meeting. after completion of the four items of business i will report the results of the balloting and adjourn the official part of the meeting Afterwards, Chip Childs, SkyWest President and CEO, will provide closing comments. afterwards chip childs skywest president and ceo will provide closing comments The first item to be voted upon at this meeting is the election of the seven nominees for director described in the proxy statement to serve until the next annual meeting of shareholders of the company and until the respective successors have been duly elected and qualified. the first item to be voted upon at this meeting is the election of the seven nominees for director described in the proxy statement to serve until the next annual meeting of shareholders of the company and until the respective successors have been duly elected and qualified The board of directors recommends that you vote for the election of each of the seven nominees. the board of directors recommends that you vote for the election of each of the seven nominees The company's proxy statement contains the names and biographies of each nominee. the company's proxy statement contains the names and biographies of each nominee The second item of business is commonly referred to as a say on pay proposal. the second item of business is commonly referred to as a say on pay proposal We are asking our shareholders to approve on an advisory basis the compensation of the company's named executive officers as more fully described in the proxy statement. This vote is not intended to address any specific element of compensation. Rather, the vote relates to all aspects of compensation of those executive officers as described in the proxy statement. The Board of Directors recommends that you vote for this proposal. The third item of business is the proposal to ratify the appointment of Ernst & Young LLP to serve as the independent registered public accounting firm of the company for the year ending December 31st, 2026. The Board of Directors recommends that you vote for this proposal. The last item of business we will address at this meeting is a shareholder proposal as described in the proxy statement. We are asking our shareholders to approve on an advisory basis the compensation of the company's named executive officers as more fully described in the proxy statement. we are asking our shareholders to approve on an advisory basis the compensation of the company's named executive officers as more fully described in the proxy statement This vote is not intended to address any specific element of compensation. this vote is not intended to address any specific element of compensation Rather, the vote relates to all aspects of compensation of those executive officers as described in the proxy statement. rather the vote relates to all aspects of compensation of those executive officers as described in the proxy statement The Board of Directors recommends that you vote for this proposal. the board of directors recommends that you vote for this proposal The third item of business is the proposal to ratify the appointment of Ernst & Young LLP to serve as the independent registered public accounting firm of the company for the year ending December 31st, 2026. the third item of business is the proposal to ratify the appointment of ernst & young llp to serve as the independent registered public accounting firm of the company for the year ending december 31st 2026 The Board of Directors recommends that you vote for this proposal. the board of directors recommends that you vote for this proposal The last item of business we will address at this meeting is a shareholder proposal as described in the proxy statement. the last item of business we will address at this meeting is a shareholder proposal as described in the proxy statement As You Sow, on behalf of LongView 600 Small Cap Index Fund, a shareholder of SkyWest will be allowed to present the proposal at this time. Operator, please allow the representative to speak for two minutes. As You Sow, on behalf of LongView 600 Small Cap Index Fund, a shareholder of SkyWest will be allowed to present the proposal at this time. as you sow on behalf of longview 600 small cap index fund a shareholder of skywest will be allowed to present the proposal at this time Operator, please allow the representative to speak for two minutes. operator please allow the representative to speak for two minutes

Speaker 3: Good morning, President Childs and members of the board. I am Rachel Lowy and speak on behalf of As You Sow. I formally move proposal for requesting that SkyWest commission an independent third party to assess whether the company's policies and practices align with the internationally supported rights to freedom of association and collective bargaining. SkyWest successful operations depend on a stable and engaged workforce. This includes pilots, flight attendants, and ground crew who show up every day to keep passengers safe. How SkyWest treats those employees is not a peripheral concern. It is a core operational and financial risk. For a highly labor-dependent company like SkyWest, effective human capital management is core to operational continuity and long-term value creation. Yet SkyWest actions seem to indicate that it is anti-union. It operates a public website dedicated to discouraging unionization. Good morning, President Childs and members of the board. good morning president childs and members of the board I am Rachel Lowy and speak on behalf of As You Sow. i am rachel lowy and speak on behalf of as you sow I formally move proposal for requesting that SkyWest commission an independent third party to assess whether the company's policies and practices align with the internationally supported rights to freedom of association and collective bargaining. i formally move proposal for requesting that skywest commission an independent third party to assess whether the company's policies and practices align with the internationally supported rights to freedom of association and collective bargaining SkyWest successful operations depend on a stable and engaged workforce. skywest successful operations depend on a stable and engaged workforce This includes pilots, flight attendants, and ground crew who show up every day to keep passengers safe. this includes pilots flight attendants and ground crew who show up every day to keep passengers safe How SkyWest treats those employees is not a peripheral concern. how skywest treats those employees is not a peripheral concern It is a core operational and financial risk. it is a core operational and financial risk For a highly labor-dependent company like SkyWest, effective human capital management is core to operational continuity and long-term value creation. for a highly labor-dependent company like skywest effective human capital management is core to operational continuity and long-term value creation Yet SkyWest actions seem to indicate that it is anti-union. yet skywest actions seem to indicate that it is anti-union It operates a public website dedicated to discouraging unionization. it operates a public website dedicated to discouraging unionization Management has allegedly restricted employees from discussing unions in crew rooms, and airport police have allegedly been called to remove flight attendants for talking about organizing. Most concerning are the allegations related to the SkyWest Inflight Association. In 2023, the Association of Flight Attendants filed a lawsuit against SkyWest for violating the Railway Labor Act, including the termination of union activists and the unlawful establishment of a company-sponsored union. In 2024, the U.S. Department of Labor filed a lawsuit against that same company union for interference in its own internal elections. Seven in 10 Americans approve of unions, and 15% live in households with union membership, with a notably higher percentage of support for unions coming from people under 30. The SkyWest Inflight Association appears to create brand, legal, and operational risk for SkyWest. This resolution does not require SkyWest to become a pro-union company. Management has allegedly restricted employees from discussing unions in crew rooms, and airport police have allegedly been called to remove flight attendants for talking about organizing. management has allegedly restricted employees from discussing unions in crew rooms and airport police have allegedly been called to remove flight attendants for talking about organizing Most concerning are the allegations related to the SkyWest Inflight Association. most concerning are the allegations related to the skywest inflight association In 2023, the Association of Flight Attendants filed a lawsuit against SkyWest for violating the Railway Labor Act, including the termination of union activists and the unlawful establishment of a company-sponsored union. in 2023 the association of flight attendants filed a lawsuit against skywest for violating the railway labor act including the termination of union activists and the unlawful establishment of a company-sponsored union In 2024, the U.S. in 2024 the u.s Department of Labor filed a lawsuit against that same company union for interference in its own internal elections. department of labor filed a lawsuit against that same company union for interference in its own internal elections Seven in 10 Americans approve of unions, and 15% live in households with union membership, with a notably higher percentage of support for unions coming from people under 30. seven in 10 americans approve of unions and 15% live in households with union membership with a notably higher percentage of support for unions coming from people under 30 The SkyWest Inflight Association appears to create brand, legal, and operational risk for SkyWest. the skywest inflight association appears to create brand legal and operational risk for skywest This resolution does not require SkyWest to become a pro-union company. this resolution does not require skywest to become a pro-union company It asks for an independent assessment of whether current practices align with internationally recognized labor rights standards. Investors deserve to know whether SkyWest's workforce practices are creating unnecessary legal, operational, and reputational exposure and what the company is doing about it. Thank you. It asks for an independent assessment of whether current practices align with internationally recognized labor rights standards. it asks for an independent assessment of whether current practices align with internationally recognized labor rights standards Investors deserve to know whether SkyWest's workforce practices are creating unnecessary legal, operational, and reputational exposure and what the company is doing about it. investors deserve to know whether skywest's workforce practices are creating unnecessary legal operational and reputational exposure and what the company is doing about it Thank you. thank you

Speaker 1: Mr. Childs, you may respond to the shareholder presentation. Mr. Childs, you may respond to the shareholder presentation. mr childs you may respond to the shareholder presentation

Speaker 4: Thank you, James. Over the past 53 years, SkyWest has been very successful with our people based on two primary guiding principles: integrity and transparency. There is no doubt that as we continue to press forward in a challenging industry, continuing to embrace these principles is more important than ever. Our people are the key to our success, and our four major airline partners recognize the value of SkyWest's unique culture. We appreciate their support and confidence as well as the support of our shareholders. We look forward to continuing to work together with our people to evolve and succeed. Thank you, James. thank you james Over the past 53 years, SkyWest has been very successful with our people based on two primary guiding principles: integrity and transparency. over the past 53 years skywest has been very successful with our people based on two primary guiding principles integrity and transparency There is no doubt that as we continue to press forward in a challenging industry, continuing to embrace these principles is more important than ever. there is no doubt that as we continue to press forward in a challenging industry continuing to embrace these principles is more important than ever Our people are the key to our success, and our four major airline partners recognize the value of SkyWest's unique culture. our people are the key to our success and our four major airline partners recognize the value of skywest's unique culture We appreciate their support and confidence as well as the support of our shareholders. we appreciate their support and confidence as well as the support of our shareholders We look forward to continuing to work together with our people to evolve and succeed. we look forward to continuing to work together with our people to evolve and succeed

Speaker 1: Thank you, Chip. The board of directors has considered the proposal and recommends that you vote against it for the reasons set forth in the proxy statement. As all of the shareholders virtually present at the annual meeting or by proxy have had an opportunity to vote, I will now declare that the polls are closed. The inspector of election has provided her report on the results of the voting. The report of the inspector of election indicates as follows. One, each of the seven nominees for director has received a majority of the votes cast and has been elected as a director of the company. Two, the proposal to approve on an advisory basis the compensation of the company's named executive officers has been approved. Thank you, Chip. thank you chip The board of directors has considered the proposal and recommends that you vote against it for the reasons set forth in the proxy statement. the board of directors has considered the proposal and recommends that you vote against it for the reasons set forth in the proxy statement As all of the shareholders virtually present at the annual meeting or by proxy have had an opportunity to vote, I will now declare that the polls are closed. The inspector of election has provided her report on the results of the voting. as all of the shareholders virtually present at the annual meeting or by proxy have had an opportunity to vote i will now declare that the polls are closed. the inspector of election has provided her report on the results of the voting The report of the inspector of election indicates as follows. the report of the inspector of election indicates as follows One, each of the seven nominees for director has received a majority of the votes cast and has been elected as a director of the company. one each of the seven nominees for director has received a majority of the votes cast and has been elected as a director of the company Two, the proposal to approve on an advisory basis the compensation of the company's named executive officers has been approved. two the proposal to approve on an advisory basis the compensation of the company's named executive officers has been approved Three, the proposal to ratify the appointment of Ernst & Young LLP to serve as the independent registered public accounting firm of the company for the year ending December 31st, 2026, has been approved. Four, the shareholder proposal described in the proxy statement was not approved. These results will be included as a part of the official record of this meeting. There being no further business to come before the meeting, this concludes the formal portion of the meeting. The meeting is hereby adjourned. I will now turn the call over to Chip Childs for closing comments. Three, the proposal to ratify the appointment of Ernst & Young LLP to serve as the independent registered public accounting firm of the company for the year ending December 31st, 2026, has been approved. three the proposal to ratify the appointment of ernst & young llp to serve as the independent registered public accounting firm of the company for the year ending december 31st 2026 has been approved Four, the shareholder proposal described in the proxy statement was not approved. four the shareholder proposal described in the proxy statement was not approved These results will be included as a part of the official record of this meeting. these results will be included as a part of the official record of this meeting There being no further business to come before the meeting, this concludes the formal portion of the meeting. there being no further business to come before the meeting this concludes the formal portion of the meeting The meeting is hereby adjourned. the meeting is hereby adjourned I will now turn the call over to Chip Childs for closing comments. i will now turn the call over to chip childs for closing comments

Speaker 4: Thank you for your interest in SkyWest and for joining us today. Demand for SkyWest services has never been stronger, and we are focusing on the core areas of our business that I believe will set us up for long-term growth. I also want to thank our professionals for their teamwork and dedication to exceptional service. Together, we remain focused on long-term success. I will now turn the call over to the operator. Thank you for your interest in SkyWest and for joining us today. thank you for your interest in skywest and for joining us today Demand for SkyWest services has never been stronger, and we are focusing on the core areas of our business that I believe will set us up for long-term growth. demand for skywest services has never been stronger and we are focusing on the core areas of our business that i believe will set us up for long-term growth I also want to thank our professionals for their teamwork and dedication to exceptional service. i also want to thank our professionals for their teamwork and dedication to exceptional service Together, we remain focused on long-term success. together we remain focused on long-term success I will now turn the call over to the operator. i will now turn the call over to the operator

Speaker 2: The company did not receive any questions from shareholders pertaining to today's business matters and will forego a question-and-answer session. Thank you for joining SkyWest's annual shareholder meeting. This concludes today's call, and you may now disconnect. Good day. The company did not receive any questions from shareholders pertaining to today's business matters and will forego a question-and-answer session. the company did not receive any questions from shareholders pertaining to today's business matters and will forego a question-and-answer session Thank you for joining SkyWest's annual shareholder meeting. thank you for joining skywest's annual shareholder meeting This concludes today's call, and you may now disconnect. this concludes today's call and you may now disconnect Good day. good day