Hello, and welcome to the annual meeting of shareholders of Triple Flag Precious Metals Corp. Please note that today's meeting is being recorded. If you participate in today's meeting and disclose personal information, you will be deemed to consent to the recording, transfer, and use of same. If you disclose personal information of another person in today's meeting, you will be deemed to represent and warrant to Computershare and corporation that you first obtain all required consents for the disclosure, recording, transfer, and use of such personal information from all appropriate persons before your disclosure. During the meeting, we'll have a question and answer session. You can submit questions or comments at any time by clicking on the message icon. It is now my pleasure to turn today's meeting over to Dawn Whittaker, Director of the company and Chair of the Board of Directors. Ms.
Whittaker, the floor is yours.
Thank you very much, operator. Good morning, everyone, welcome to the annual meeting of Triple Flag Precious Metals Corp. I'm Dawn Whittaker, a director of the company and chair of the board of directors. We look forward to this meeting and the opportunity it provides to speak with our shareholders. Joining me this morning via webcast are Shaun Usmar, our Chief Executive Officer; Sheldon Vanderkooy, our Chief Financial Officer; James Dendle, our Vice President, excuse me, Senior Vice President, Corporate Development; Eban Bari, our Vice President, Finance; and Katy Board, our Vice President, Talent and ESG. The nominee directors, auditors, and other members of Triple Flag management team are also attending remotely, either by teleconference or webcast. I would now like to call this annual meeting of shareholders of Triple Flag Precious Metals Corp to order.
I will begin today's meeting by outlining how voting and questions will be addressed in this virtual format. The majority of shareholders have submitted their proxies or voting instructions in advance of the meeting. Voting during today's meeting will be conducted through this online platform. When we're ready to table an item of business for a vote, you will see voting options appear on your screen. If you have voted in advance of the meeting and do not wish to revoke your previously submitted proxies, then you do not need to do anything. The scrutineers will tabulate all of the votes cast during the meeting, and we will report on the results of each resolution toward the end of the meeting. To submit a question, click on the Q&A messaging icon to the right of the online platform window.
When submitting a question, please identify whether it relates to a motion being considered as part of the formal business of this meeting or whether it's general in nature. We will address questions directly related to a particular motion at the appropriate time of the meeting and save general questions until the end of the meeting. Please note that if you're logged into the virtual meeting as a guest, you will not be able to ask a question. Only registered shareholders or duly registered proxy holders may do so. Sheldon Vanderkooy will read the questions aloud when requested, and either I or a member of the management team will respond. We'll make every effort to answer all of your questions during today's Q&A period.
In the interest of time, we'll limit that portion of the meeting to 30 minutes, and we'll address any unanswered questions in a timely manner afterwards. I'll now proceed with the formal part of the meeting. I'd ask Sheldon Vanderkooy to act as Secretary of the meeting. Computershare Investor Services Inc. is acting as scrutineer of the meeting by way of its representative, Louise Waltenbury. Only shareholders of record at the close of business on March 30, 2023, or their proxies, are entitled to take part in and vote at this meeting. To make the best use of our time, certain shareholders have been asked to move and second the motions which are called for in the notice of meeting. A copy of the notice of meeting and proof of its mailing has been filed with the company.
The scrutineer's report indicates that a quorum is present. I now declare that this annual meeting has been properly called and is duly constituted for the transaction of business for which it has been called. Today's agenda will consist of the presentation of the company's 2022 annual financial statements, followed by three resolutions. First, to elect a board of directors for the upcoming year. Second, to appoint the company's external auditor for fiscal 2023 and to authorize the directors to fix the auditor's remuneration. Third, to consider an advisory resolution on the company's approach to executive compensation. On behalf of those speaking today, I would like to note that today's remarks may include forward-looking statements. Details regarding forward-looking statements can be found in the company's 2022 annual report and other public documents.
Actual results could differ materially from the forecasts, projections, and conclusions in the forward-looking statements made today. I should also note that during the meeting we may pause from time to time to review messages from Sheldon Vanderkooy as we coordinate from a distance, and we thank you for your patience as we do so. I'd now like to place before the meeting the consolidated financial statements of the company, together with the notes and the auditor's report to shareholders for the year ended December 31, 2022. These are included in the annual report, which can be retrieved from the Triple Flag Precious Metals Corp website or on SEDAR. Sheldon, were there any questions or comments submitted in connection with the financial statements?
No, Dawn, we have not received any questions on the financial statements.
Thank you, Sheldon. A strong governance structure starts with the board of directors. The board is responsible for supervising the company's management on behalf of shareholders. Our board is committed to high standards of accountability, integrity, and ethics, and we believe that these hallmarks of good governance are fundamental to the company's success and to safeguarding the long-term interests of shareholders. Our board plays a critical role in overseeing the company's strategy, risk management processes, and leadership development. The board also carries out several important duties directly and through its committees, including evaluating the company's internal controls over financial reporting and overseeing executive compensation and succession planning. With us today over webcast are your director nominees. This proposed slate of director nominees is well qualified to carry out the board's mandate with deep leadership experience and strong strategic thinking.
Those traits are complemented by extensive experience in the metals and mining industry. We'll now move to the nomination and election of directors. Our management proxy circular contains detailed biographies setting out the valuable qualifications and diverse backgrounds of the director nominees proposed. Nine directors are to be elected. I'm pleased to report that based on proxies received by the scrutineer in advance of the meeting, each director nominee received votes in favor from at least 99% of votes cast. We'll now consider the election of directors. I declare the polls open on all resolutions. Sheldon, were there any questions or comments submitted in connection with the nomination and election of directors?
No, Dawn, we have not received any questions related to this item.
Thank you, Sheldon. Could I please have a nomination for the election of directors?
My name is Steve Bristol. I am a shareholder. Madam Chair, I nominate the following persons for election as directors of the company to hold office until the next annual meeting of shareholders or until their successors are duly elected or appointed. Dawn Whittaker, Susan Allen, Tim Baker, Peter O'Hagan, Geoff Burns, Mark Cicirelli, Blake Rhodes, Shaun Usmar, and Elizabeth Wademan.
My name is Andrew McLarty, and I am a shareholder. Madam Chair, I second the motion.
Thank you, Steve and Andrew. Triple Flag's bylaws require that nominations of directors by shareholders be received by the directors at least 30 days in advance of the meeting in order to be valid. As no nominations other than those set forth in the management information circular and included for election at this meeting were received prior to the deadline, the nominations are closed. As this is an uncontested election, pursuant to the Canada corporations act, shareholders will vote for or against nominees for election to the board. In short, any nominee who does not receive a majority of the votes cast for their election will not be elected.
Because all of the nominees for election to the board are incumbent directors, a director who is not so elected may continue in office until the earlier of the 90th day after election or the day on which his or her successor is appointed or elected. I'm advised by the scrutineer that very few votes cast by proxy in respect of the director nominees were voted against such nominees. The number of votes in favor and against for each director nominee may be obtained from the scrutineer. You've now heard the motion for the election of directors. I will ask shareholders or their appointees to cast their votes through the online portal. As a reminder, if you have already voted or sent in your proxy, there's no need to do anything unless you wish to change your vote.
We'll now move on to the next item of business, the appointment of the auditor. Sheldon, were there any questions or comments submitted in connection with the appointment of the auditor?
No, Dawn, we have not received any questions related to this item.
Thank you, Sheldon. I'll now entertain a motion for the appointment of the auditor of the company and the authorization of the directors to fix the auditor's remuneration.
My name is Steve Bristol, and I am a shareholder. Madam Chair, I move that PricewaterhouseCoopers LLP be appointed auditors of the company until the next annual meeting of shareholders of the company and that the directors be authorized to pick the auditors' remuneration for the 2023 fiscal year.
My name is Andrew McLarty, and I am a shareholder. Madam Chair, I second the motion.
Thank you, Steve and Andrew. If you've not already done so, I'd ask you, shareholders or appointees, to cast their votes through the online portal. The next item of business is the advisory resolution regarding the company's approach to executive compensation. The resolution is more fully described on page 21 of the company's management policy circular. Sheldon, are there any questions or comments submitted in connection with this advisory resolution?
No, there are not, Dawn.
Thank you, Sheldon. I'll now entertain a motion to approve on an advisory basis the company's approach to executive compensation.
My name is Steve Bristol. I'm a shareholder. Madam Chair, I move that the advisory resolution regarding the company's approach to executive compensation, as more fully described on page 21 of the management proxy circular, be approved.
My name is Andrew McLarty, and I am a shareholder. Madam Chair, I second the motion.
Thank you again, Steve and Andrew. If you've not already done so, I'll ask shareholders and their appointees to cast their votes through the online portal. This brings us to the end of voting on the items of business before the meeting, and I therefore declare the polls closed. We've received the voting results from the scrutineer on the three items of business. On the election of directors, the voting results show that each director nominee received votes in favor from at least 99% of the votes cast. Accordingly, I declare that the proposed director nominees have been duly elected to hold office until the next annual meeting of shareholders or until they resign or their successors are duly elected or appointed.
On the appointment of the auditors, the voting results showed that over 99% of the votes cast were in favor of the appointment of PricewaterhouseCoopers LLP as auditor of the company. I declare that PricewaterhouseCoopers LLP is appointed as auditor of the company and that the directors are authorized to fix the auditor's remuneration. On the advisory vote on the company's approach to executive compensation, approximately 98% of the votes cast were in favor of the company's approach to executive compensation. I declare this motion to be passed. The final voting results will be available after the meeting and posted to the company's SEDAR profile at www.sedar.com. At this time, Shaun Usmar, our Chief Executive Officer, and Sheldon Vanderkooy, our Chief Financial Officer, will open the meeting for questions. Following the question-and-answer period, I'll ask Sean to say a few closing remarks.
Thank you, Dawn. To submit a question or comment, click on the Q&A messaging icon to the right of the online platform window. We'll make every effort to answer all questions. However, in the interest of time, we'll limit the question-and-answer period to 30 minutes. Any unanswered questions will be addressed after the meeting by members of our management team. Sheldon, are there any questions?
Shaun, we have no questions.
Thanks, Sheldon. I'd like to thank all shareholders who contributed to today's annual general meeting. It's a very exciting time for Triple Flag as we reflect upon our seventh anniversary of the founding of the company and our second anniversary as a public company. We just completed our first quarter after acquiring and integrating Maverix Metals, which acquisition contributed to another record quarter. Since our IPO, Triple Flag's stock is up over 40% on the TSX. We have 229 assets, up from 75. We've expanded our listing to the New York Stock Exchange, increased trading liquidity by more than tenfold, and increased our dividend per share by 5%. GEOs are expected to be 70% higher than in 2020.
Our foundational ESG practices have now been recognized by Sustainalytics, who rate us as fourth of 114 global precious metals companies and in the top 1% of their coverage universe. We've achieved this while honoring our core cultural values of authenticity and integrity, underpinned by a belief in our capacity to positively contribute to funding the mining sector and the societal good it represents to our way of life, while building a high-quality precious metals investment vehicle for our shareholders as major shareholders ourselves. I want to thank my talented and dedicated team, our experienced board, our numerous mining partners, our founding shareholder in Elliott, and our many new public investors for helping us build the prosperous business you see before you today. Thanks, Dawn.
As there's no further business, can I have a motion to terminate the meeting, please?
My name is Steve Bristol, I am a shareholder. Madam Chair, I move that the meeting terminate.
My name is Andrew McLarty, and I'm a shareholder. Madam Chair, I second the motion.
I now declare the meeting terminated. On behalf of the company, I would like to thank you for taking the time to join us online today or over the phone. I wish all the best to you and your families and hope you stay safe and healthy.
This concludes the meeting. You may now disconnect.