Now, without any further delay, I would now like to hand the conference over to your speaker today, Constantin Baack. Thank you. Please go ahead, sir.
Thank you, operator, and good afternoon everyone to today's extraordinary general meeting of MPC Container Ships. I would like to run you through the agenda and through the three agenda topics. I would start without further delay. Let me run through some introductory remarks. I'm chairing this event today in absence of Ulf Holländer, the Chairman of the Board, who's unfortunately unable to attend. Let me start with some introductory remarks regarding the current COVID situation. Due to the COVID-19 outbreak, we have encouraged all the shareholders to abstain from appearing in person at this general meeting and rather participate by advanced votes or proxy.
This extraordinary general meeting is being broadcasted live, so we allow all the shareholders to remotely ask questions during the general meeting. Webcast attendance will not be minuted as a formal attendance at the general meeting. The webcast does not offer participants to vote. Remote voting has been made by advanced voting or by granting proxies. The voting instructions in the extraordinary general meeting notice and adhering to stock exchange announcements dated 10 February 2022 respectively. Now, let me start with the overview of represented votes. Out of the 444,051,377 shares, 44% in total 195,397,539 votes are represented in today's meeting. Again, that represents around 44% of the votes.
Now, let me start with the first agenda item, election of a chairperson. I myself am proposed to chair the general meeting, and Pål Sætre is proposed to co-sign the minutes. We have received votes on that agenda item one. We have 100% of the votes in favor of this agenda item, and therefore this agenda item is passed. I would stop for a minute to see whether there are any questions or comments from the audience on that agenda item. Either through the phone line moderated by you or through the web. We wait for a couple of more seconds. That does not seem to be the case.
I would like to then continue with agenda item two, approval of the general meeting notice and agenda. The proposal is for the general meeting to approve the extraordinary general meeting notice and agenda. We also have received votes on this item. We have 100% approval or votes in favor on that item. Just like last time, I would wait shortly to see whether there are any questions on that agenda item or comments. That does not seem to be the case. Therefore, I will continue with agenda item three, election of a new board member. The board proposes that the general meeting passes the following resolution. Peter Frederiksen is elected as a new member of the company's board of directors until the ordinary general meeting in 2022.
After this, the company's board of directors would comprise the following members: Ulf Holländer, the Chairman, Dr. Axel Schroeder, Laura Carballo, Ellen Hanetho, and Peter Frederiksen. We have received votes for that agenda item, and we have 88.45% of the votes in favor and 11.55% of the votes against this agenda item. Therefore, this agenda item is approved. I would now also allow for questions on this specific agenda item. That does not seem to be the case. It was obviously a swift EGM and I assume following the announcement of our figures yesterday and the webcast that intensively covered the company. We are then complete with today's agenda and the EGM.
I would like to thank everyone for their interest and for listening in and their attention. I would herewith close the meeting with all three agenda items being approved by the EGM. Many thanks and back to you, moderator.
Yes, sir. Thank you. That concludes our conference for today. Thank you all for participating. You may now disconnect.