...Welcome to the annual general meeting of Draganfly Inc. My name is John Mitnick. I'm the chairman of the board of directors, and I will be the chairman of this meeting. In terms of our agenda today, we will first address the formal business of the meeting, as described in the proxy materials which were sent to shareholders. Following the formal part of the meeting, management will be pleased to answer any questions you might have. The meeting will now come to order, and if there is no objection, I will ask Lauren Tom of DLA Piper, our external legal counsel, to act as recording secretary, and Dora Wang of Endeavor Trust Corporation to act as scrutineer of the meeting. Patrick Webb of DLA Piper is also attending as an invited guest.
In order to expedite the formal business of the meeting and in accordance with the articles of the company, I will propose all motions. A seconder is not required. I now request the recording secretary to table proof of delivery of the Notice of Meeting, Instrument of Proxy, Management's Information Circular, and accompanying documents to the registered shareholders of the company. The declaration is provided. Thank you. Proof of mailing of the notice, calling the meeting and accompanying documents have been duly filed, and I directed a copy of the Notice of Meeting with proof of delivery be kept by the secretary with the records of this meeting.
A quorum for the meeting is satisfied if not less than two persons who are present or who represent by proxy shareholders who, in the aggregate, hold at least 5% of the issued shares entitled to be voted at the meeting. I have received the scrutineer's report indicating that a quorum is present. It shows that there are 78 shareholders present in person or represented by proxy, representing 31,393,430.68 common shares, which in turn represent 41.64% of the outstanding common shares of the company. I'll ask Ms. Wang if there's any update to those numbers.
Hi, everyone. We have three shareholders at the meeting in person, so that will bring the total shareholder present in person or by proxy to 81. The total share voted at the meeting is 31,499,768.68 shares. That represented 41.78% of company's issued outstanding.
Thank you. Let the record reflect that there are three shareholders present at the meeting in person, and that the scrutineer therefore revised the figures that I first specified. So therefore, a quorum is present. Notice having been given in the proper manner, I declare that this meeting is regularly and duly called and is now ready for the transaction of business. The first item of business is the presentation of the financial statements of the company for the fiscal year ended December 31, 2023, together with the auditor's report thereon. I now present to the meeting the audited annual financial statements of the company for the year ended December 31, 2023. Copies of these materials have been mailed to each registered shareholder, and there are extra copies available to shareholders upon request.
It is not proposed that the audited annual financial statements be read to the meeting. Management will be pleased to answer any questions regarding those financial statements after the meeting. The next item of business is to fix the number of directors of the company to be elected at this meeting to hold office for the ensuing year or until their successors are selected or appointed. I now move that the number of directors of the company be determined at six. Is there any discussion on the matter? Hearing no discussion, all those opposed, please identify any opposition. Hearing no opposition, I declare the motion carried. The next item of business is the election of directors.
The notice, which was mailed to the shareholders in advance of this meeting, sets forth Cameron Chell, Denis Silva, Scott Larson, Olen Aasen, Julie Myers Wood, and Kim Moody as management's nominees for election as directors. Each of the nominees proposed by management in the notice has consented to act as a director of the company. I note that no other nominations have been received in accordance with the company's advance notice policy. I now declare the nominations closed and move to appoint the six nominated directors of the company listed in the company's notice. Is there any discussion on this matter? Hearing no discussion, all those opposed, please identify any opposition.... Hearing no opposition, I declare the following persons to have been duly elected as directors of the company: Cameron Chell, Denis Silva, Scott Larson, Olen Aasen, Julie Myers Wood, and Kim Moody.
The next item of business is the appointment of the auditors of the company for the ensuing financial year. Dale Matheson Carr-Hilton Labonte LLP, Chartered Professional Accountants, are proposed as auditors for the company for the following year. I move that Dale Matheson Carr-Hilton Labonte LLP, Chartered Professional Accountants, be appointed auditors for the company for the ensuing year, and that the directors be authorized to set the remuneration of the auditors. Is there any discussion on this matter? Hearing no discussion, all those opposed, please identify any opposition. Hearing no opposition, I declare the motion carried. Is there any further business to be properly brought before this meeting? Hearing none, there being no further business, I move for the termination of this meeting. All those opposed, please identify any opposition. Hearing no opposition, that concludes the business of this meeting, and I declare the meeting terminated.
Thank you for attending. At this point in the meeting, the company's senior management will be pleased to answer questions relating to the financial statements or the company's operations for the past year. Are there any questions? Hearing no questions, this event has concluded. I thank everyone for their participation. The call will now be terminated. Thank you. Thank you, John. Thank you.
Thanks, everyone. I'll send you the final report shortly.
Perfect. Thanks, Dora.
Thank you.
Thanks, everybody. Bye-bye.