Ladies and gentlemen, welcome to the Annual and Special Meeting of Shareholders of AcuityAds Holdings Inc. My name is Sheldon Pollack, and as the Chair of the Board of Directors of the Corporation, I will Chair today's meeting. Out of the abundance of caution to proactively deal with the unprecedented public health impact of COVID-19, and to mitigate risks to the health and safety of our communities, shareholders, employees, and other stakeholders, the Board of Directors has decided to hold the meeting in a virtual-only format. On behalf of the Board, I wish to express thanks to those shareholders who have submitted their proxies in advance. We are pleased to host the meeting through this virtual meeting platform, accessible to all our shareholders, regardless of physical location.
Please note that only registered shareholders and proxy holders of AcuityAds Holdings Inc. are permitted to participate in the voting on those matters, which will be considered during the formal portion of this meeting. I'll now call to order the annual and special meeting of the corporation's shareholders. With the consent of the meeting, I appoint Jonathan Pollack as Secretary of the meeting, and I will appoint Dennis Dang of TSX Trust Company as Scrutineer of the meeting, to report on the holders of common shares present in person, to report on the number of common shares represented at this meeting, to tabulate the votes on all ballots taken at this meeting, and to report thereon to me as the Chair, as the Chair of the meeting.
I have received the scrutineer's preliminary report on attendance at today's meeting, and I can confirm that there is a quorum present at this meeting. A copy of the final report on attendance will be filed with the records of the meeting. We have received confirmation from our transfer agent, TSX Trust Company, indicating that proper notice of the meeting has been given in accordance with the Canada Business Corporations Act and the bylaws of the corporation. I direct that a copy of the notice with proof of mailing be kept by the secretary with the records of the meeting. The purposes of today's meeting are set out in the Management Information Circular, dated May 8th, 2020 , copies of which were mailed to the shareholders on May nineteenth, twenty twenty, together with the notice of the meeting and the form of proxy.
In addition to the customary annual meeting matters, there is also one item of special business for your consideration today. You will be asked to consider, and if thought advisable, pass an ordinary resolution to approve the corporation's Omnibus Long-Term Incentive Plan. Before we proceed to the matters to be considered at this meeting, this meeting is being held virtually via live webcast. I will set out a few rules for the orderly conduct of the meeting. Questions in respect of a motion may be submitted by a registered shareholder or duly appointed proxy holder using the instant messaging service of the Lumi AGM platform. Please note, there will be a slight delay in the publication of the communications received. When submitting a question, please indicate your name, which entity you represent, if any, and confirm that you are a registered shareholder or a duly appointed proxy holder.
Questions will generally appear shortly after they are submitted, but I will only be addressing most questions during the question period at the end of the meeting. However, in my discretion, I may immediately deal with questions regarding procedural matters or directly related to motions before the meeting. For the purposes of the meeting today, voting on all matters will be conducted by an electronic ballot. Voting on all matters will be possible, starting in a few moments, but there will also be a prompt to remind people to vote on all matters following the presentation of the final item of business. If you choose to wait for the prompt following the final item of business before you vote, you will only have approximately sixty seconds from that time to register your votes.
If you have already submitted your vote by proxy, you should not vote during the meeting unless you wish to change your vote. I now declare the polls open on all resolutions so that registered shareholders or proxy holders may choose to register their votes at any time from now until we close the polls at the end of the meeting. I now declare that this meeting is regularly called and properly constituted for the transaction of business. To expedite the formal part of the meeting, I will move all motions and dispense with the requirement for seconding motions. The first item of business is a presentation of the corporation's consolidated financial statements for the financial year ended December 31st, 2019 and the auditor's report thereon.
These financial statements and the auditor's report were mailed to shareholders on May 19, 2020, and are also posted and available on SEDAR. I will dispense with the reading of the auditor's report. Management will entertain questions with respect to the financial statements of the corporation in the general question period after the formal portion of today's. The next matter to be acted upon is the election of the seven individuals to the Board of Directors. The official notice of the Directors is from today until the close of the next annual meeting of shareholders, or until such time as their successors have been duly elected or appointed. As per the Management Information Circular, the following persons have been nominated as directors of the corporation to hold office until the close of the next annual meeting of the shareholders or until his or her successors a re duly elected or appointed.
Roger Dent, Corey Ferengul, Tal Hayek, Yigal Maor, Joe Ontman, Sheldon Pollack, and Yishai Waxman. Each of the persons nominated has confirmed that he is prepared to serve as a director, and each of them qualifies as a Director under the provisions of the Canada Business Corporations Act. The act requires that the Board of Directors be elected. Proxies have been solicited for each of these seven proposed qualified persons. If there are any further nominations, are there, or are there any further nominations? And if so, use instant messaging from the feature of the Lumi AGM platform to submit any nominations of other qualified candidates. Seeing that there are no further nominations, I hereby declare the nominations closed. I move a motion proposing the election of these seven Directors. The motion is now on the floor.
As mentioned at the beginning of the meeting, voting today will be conducted by electronic ballot. You'll be prompted to vote on all items after the presentation of the final item of business. However, if you wish, you may choose to register your votes at any time, including now. I'll now move to the next item of business, which is the appointment of the auditors of the corporation for the ensuing year, and to authorize the Directors of the corporation to fix the remuneration of the auditors. The audit committee of the Board has approved, subject to shareholder confirmation, the appointment of PricewaterhouseCoopers LLP, Chartered Professional Accountants, as the auditors of the corporation. I move that PricewaterhouseCoopers LLP, Chartered Professional Accountants, be appointed auditors of the corporation until the next annual meeting of shareholders, and that the board of directors be authorized to fix their remuneration.
The motion is now on the floor. You'll be prompted to vote on the appointment of the auditors after the presentation of all business items for this meeting. I'll now move to the next item of business, which is the approval of the corporation's Omnibus Long-Term Incentive Plan. The text of the resolution is set out on page fourteen of the Management Information Circular. In order for this resolution to be passed, it must be approved by the affirmative vote of not less than the majority of the votes cast in respect thereof by the shareholders of the corporation present today in person or represented by proxy. I move that the ordinary resolution approving the corporation's Omnibus Long-Term Incentive Plan be approved. The motion is now on the floor.
You'll be prompted to vote on the adoption of the resolution approving the corporation's Omnibus Long-Term Incentive Plan after the presentation of all business items for this meeting. I will now move to the voting of the items of business. As previously mentioned, voting today will be conducted by electronic ballot. You'll now be prompted to register your vote in respect to each of today's business items for this meeting. Please register your votes by accessing the voting page when prompted and pressing on the for, withhold, or against buttons next to it: one, the name of each proposed director, two, the resolution with respect to the appointment of PricewaterhouseCoopers LLP, Chartered Professional Accountants, as the corporation's auditors, and approval to fix the remuneration of the auditors, and three, the resolution with respect to the approval of the corporation's Omnibus Long-Term Incentive Plan.
Once the electronic balloting closes, the voting page will disappear, and your votes will automatically be submitted. We'll wait a few seconds here for the completion of the electronic ballot and then move on with the remainder of the meeting. We will provide registered shareholders and duly appointed proxy holders approximately one minute to complete the electronic ballots. Once voting is completed, I would ask that the scrutineer compile the report regarding the results of voting on all business matters. We will reconvene in a minute with the scrutineer's report and the voting results. I've been advised to proceed, so thank you for waiting. I now declare the poll is closed.
I've received the scrutineer's report and confirm the following. One, each of the seven nominees have been elected as directors of the corporation to serve until the next annual meeting of shareholders or until their successors are elected or appointed. Two, the appointment of PricewaterhouseCoopers LLP, Chartered Professional Accountants, as the auditors of the corporation, has been approved, and the Board of Directors of the corporation has been authorized to fix their remuneration. And three, the resolution set out on page fourteen of the Management Information Circular approving the corporation's Omnibus Long-Term Incentive Plan has been adopted. I direct that the results of the poll for the election of directors be included in the minutes of this meeting, announced in the press release in accordance with the policies of the Toronto Stock Exchange, and filed on SEDAR.
Since I'm unaware of any further business to be brought before the meeting, can I declare the meeting terminated. As the formal business of the meeting of shareholders of the corporation has now been completed, I would like to turn over the floor to our Chief Executive Officer, Tal Hayek, and our Chief Financial Officer, Jonathan Pollack, for a question-and-answer period. I shall ask that all attendees who would like to ask a question use the instant messaging feature of the Lumi AGM platform to do so. We will answer as many questions as time permits. When asking your question, please state your name, the entity you represent, if any, and confirm that you are a registered shareholder or duly appointed proxy holder. Please limit your questions to topics relating to today's subject matter. Keep your questions short and to the point.
We will now give attendees a brief moment to type in their questions. For each question we answer, we will summarize the question and read out loud the name of the person who asked such question, and, if applicable, the entity such person represents. We'd like to remind you that questions which were already answered or that are redundant or repetitive will not be published nor answered. Operator, do we have any questions?
We do not.
Okay. There being no further questions, we have ultimately resolved our concluding the question. On behalf of management, our board of directors, and our employees, I'd like to take the opportunity to thank everyone for attending the meeting today. I'd like to thank all of our shareholders for their commitment and continued support. We look forward to your attendance again next year.
Ladies and gentlemen, that concludes the conference. You may now disconnect.