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Westar Energy's Management Hosts 2012 Annual Shareholder Meeting (Transcript)

Our executive team is also seated in the front of the room with our directors, and I’m not going to introduce everybody but I’ll acknowledge that they’re here. Also joining us today is Michael Contreras, the Engagement Partner, and his colleagues from Deloitte & Touche, our independent accounting firm. And they’re right back here in the third row. In addition, Matt Sunseri, President and Chief Executive Officer of Wolf Creek, is here today as well, I believe. There’s Matt in the second row as well. Glad to have you here, Matt.

So, let’s begin our business meeting then, and vote on the proposals outlined in the proxy statement. Following the business portion of the meeting, Mark will make a few comments and then respond to your questions. Our business meeting, therefore, is now called to order.

I’ve been provided an affidavit attesting to the proper mailing of the proxy and proxy statement to common and preferred shareholders of record as of March 19 th, 2012, and that a quorum is present. Now, most of you have already voted. If this is the case, you don’t need to do anything. You don’t need to cast a ballot during the meeting this morning unless you wish to change your vote. If you have not yet voted or you wish to change your vote, please raise your hand and a ballot will be provided to you. Those ballots will then be collected after all business matters have been considered. So, does anybody need a ballot this morning? Okay. Anybody else? Okay, right here. Everybody have one now that needs one? Very good.

We engaged Corporate Election Services to act as the independent proxy tabulator for this meeting, and Mr. Chuck Roberts of Corporate Election Services has been appointed to serve as judge of the election and is present at the meeting, there at the back of the room. The purpose of the meeting is to elect four class one directors for a term of three years, to provide an advisory vote on executive compensation, to ratify and confirm the appointment of Deloitte & Touche as our independent registered public accounting firm for 2012.

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