Morning, ladies and gentlemen. I am Michael Parrett, Chair of Centerra's Board of Directors. On behalf of the board, I would like to welcome you to the Annual and Special Meeting of Shareholders of Centerra Gold Inc I'm here with Centerra's Executive Vice President, General Counsel, and Corporate Secretary, Mr. Yousef Rehman. Also participating on this virtual meeting are some members of the current board and members of the executive management team of Centerra. Similar to last year, we are holding this meeting in virtual-only format. A few housekeeping matters to go through before we commence the business at hand. First, all microphones are automatically on mute, questions by shareholders and duly appointed proxy holders can be submitted to me via the Lumi chat option. Please note that there will be a slight delay in the publication of the communication received.
Secondly, questions submitted will generally only be addressed during the question period at the end of the meeting. However, questions regarding procedural matters or directly related to the specific motions that are being addressed, we will address them. We will only be addressing questions pertaining to the business at hand for this meeting. Questions related to current operations or activities will not be addressed as the company's first quarter report has not been released. Participants are reminded that the company's first quarter conference call is scheduled for Monday, May 15th, 2023 at 11:00 A.M. Eastern Daylight Time. Depending on the number of questions received, we may not be able to address them, all of them. If we cannot address all the questions raised during the meeting, a member of management will endeavor to respond as soon as practical after the meeting.
We always appreciate comments and feedback from our shareholders. We encourage you to reach out to our investor relations group with any questions during the year. Questions or comments containing inappropriate language or that are otherwise disruptive to the orderly conduct of the meeting will not be published or answered. Similarly, questions or comments which have already been answered or that are redundant will not be published or answered. We will conduct the vote on all matters before us today by a single electronic ballot. The electronic ballot is now available on your screen. It will remain open for all items of business. This will allow you to choose to vote on each resolution immediately or wait to vote until all items of business are presented.
Once all the items of business are brought before the meeting, shareholders and proxy holders will have approximately one minute to complete the electronic ballot. I will then announce that balloting has closed and direct the scrutineers to tabulate and report on the voting results for each matter. The polls are now open. If we encounter any technical difficulties with the webcast, please remain logged on, and we will resume as soon as practical. Lastly, to expedite the formal part of the meeting, I will move all of the motions. No such motions will need to be seconded. We'll now proceed with the formal part of the meeting, which is to conduct the business set forth in the notice dated March 28, 2023.
On April sixth, 2023, the notice of meeting and the Management Information Circular, the form of proxy, annual report containing the financial statements and auditor's report thereon, were made available to all the shareholders entitled to receive the notice. The Secretary has received an affidavit from TSX Trust Company, Centerra's registrar and transfer agent, attesting to the mailing of the notice of meeting, the Management Information Circular, the form of proxy, and annual report to registered shareholders of the company who have requested delivery of paper copies of such material. Unless there are any objections, I propose that we take note of the meeting as having been read. In accordance with the bylaws of the company, I will act as chair of this company meeting.
Yousef Rehman will act as Secretary. With the consent of the meeting, TSX Trust Company, by its representatives, will act as scrutineer. I've been advised by the Secretary that based upon the scrutineer's report on attendance, we have a quorum for the meeting. I now declare that this annual and special meeting of shareholders is duly constituted for the transaction of business. There are four matters to be dealt with as part of the formal business of this meeting. The election of directors, the appointment of auditors, the approval of a resolution approving the company's Omnibus Incentive Plan, and the approval of a non-binding advisory resolution to accept the company's approach to executive compensation. Following this, we would be happy to respond to any questions. I have minutes from last year's annual general meeting of shareholders held on September 22nd, 2022.
Unless there are any objections, I propose that we dispense with the reading of the minutes. The company has made available on SEDAR and EDGAR copies of its annual report and consolidated financial statements for the year ended December 31, 2022, and the auditor's report thereon. If any shareholder or proxy holders have any questions on them, I would ask you to submit them during the meeting to be dealt with later during the general question period. We will now proceed with the election of directors. As we announced on March 13, 2023, in connection with the company's leadership transition, Mr. Paul Tomory has been appointed President and Chief Executive Officer, effective May 1, 2023. Mr. Tomory is standing for election to our board at this meeting. The remaining seven directors proposed for nomination in the Management Information Circular are incumbent directors standing for re-election.
The company has adopted an advance notice bylaw, which requires that any directors' nominations be received by the company in advance of this meeting. As no such nominations have been received, I move to nominate the following individuals set out in the Management Information Circular for election to the Centerra board. Richard Connor, Wendy Kei, Jacques Perron, Sheryl Pressler, Paul Tomory, Paul Wright, Susan Yurkovich, and myself, Michael Parrett. I declare nominations closed and move a motion to elect each of these eight nominees as directors of the company. For those shareholders and proxy holders who have properly registered for today's meeting, you may vote for or against in respect of each individual director nominee now, or you can wait until all items of business are presented.
As voting today is being conducted by a single ballot, we will continue with the next item of business, which is the appointment of the auditors and the authorization of the directors to fix their remuneration. I move a motion to approve the appointment of KPMG LLP as the auditors of the company for the ensuing year, and to authorize the directors of the company to fix the remuneration to be paid to the auditors. Next is the approval of the company's Omnibus Incentive Plan as described within the Management Information Circular made available to shareholders in connection with this meeting. A copy of the resolution approving the Omnibus Incentive Plan is set out in the Management Information Circular on page 17. The ordinary resolution must be approved by the affirmative vote of the majority of votes duly cast at today's meeting.
I move a motion to approve the resolution of approving the [audio distortion]. This concludes the items of business to be considered at today's meeting. We will now provide registered shareholders and duly appointed proxy holders approximately one minute to complete the electronic ballot. If you have not already done so, please indicate your vote on the electronic ballot by pressing the for or against buttons next to the resolutions electing each individual director nominee, approval of the company's Omnibus Incentive Plan, and the advisory resolution on executive compensation, or the for or withhold buttons next to the appointment of KPMG LLP as auditors of the company. Once electronic balloting closes, the voting pages will disappear, and your ballots will automatically be submitted. The scrutineers will compile the report on the results on all items of business. [audio distortion] . Balloting is now closed.
The scrutineers will now tabulate the voting results. While they do, just would like to mention with the, this annual general meeting, a current director, Mr. Bruce Walter, is not standing for re-election. Mr. Walter has served the company well as vice chairman of the company and director for 15 years of service. During his tenure as a board member and vice chairman, Bruce has been intimately involved in all of the major negotiations, particularly those involved with the Kyrgyz Republic. Bruce's analysis, his insight, and his strategic thinking will be missed, along with his friendship, by his colleagues on the board. As there are no questions having been presented, I will now proceed with the results of voting. Being provided with the scrutineer's report regarding the matter voted on.
Based on the results of voting, I declare that each of the eight individuals nominated has been elected as a director of Centerra to hold office until the next annual meeting of shareholders or until their respective successors are duly elected or appointed. The scrutineer has indicated that the motion to appoint KPMG LLP as the auditors of the company for the ensuing year, and to authorize the directors of the company to fix the remuneration to be paid to the auditors, has been carried. The scrutineer has indicated that the motion to approve the company's Omnibus Incentive Plan resolution has been carried. The scrutineer has also indicated that a motion to approve the non-binding advisory resolution to accept the company's approach to executive compensation has been carried. As there is no further formal business to come before this meeting, we will terminate the meeting. Thank you all for attending.