Hello and welcome to the 2025 Annual Meeting of Stockholders of Autoliv Inc. Please note this meeting is being recorded. During the meeting, we'll have a question-and-answer session. You can submit your questions or comments at any time by clicking on the message icon. It is now my pleasure to turn today's meeting over to Jan Carlson, Chairman of the Board of Directors of Autoliv Inc. Mr. Carlson, the floor is yours. Just a few moments, everyone. Just a few reminders, ladies and gentlemen, we will pause the call meeting just for a few minutes. Hello and welcome to the 2025 Annual Meeting of Stockholders of Autoliv Inc. Please note that this meeting is being recorded. During the meeting, we'll have a question-and-answer session. You can submit your questions or comments at any time by clicking on the message icon.
It is now my pleasure to turn today's meeting over to Jan Carlson, Chairman of the Board of Directors of Autoliv. Mr. Carlson, the floor is yours.
Hello, my name is Jan Carlson, Chairman of the Board of Directors, and I'm pleased to act as Chairman of this meeting today in accordance with Autoliv's bylaws. I will now call the meeting to order. As you join the hybrid meeting today, the rules of conduct for the meeting are available by a link on the right-hand side of your screen. We intend to conduct the meeting in accordance with these rules and procedures. An opportunity will be provided at the end of the meeting for us to answer questions submitted by stockholders. Joining us today for this hybrid meeting are Mr. Mikael Bratt, President and Chief Executive Officer; Mr. Antoni Llanlis, Executive Vice President, Legal Affairs, General Counsel and Secretary; and Mr. Fredrik Westin, our Executive Vice President and Chief Financial Officer.
Representatives from our independent accounting firm are also present, and finally, the members of the Board of Directors are also present. The Inspector of Election is Mr. Abby Cowhart, who is with Computershare Trust Company. Now we will proceed with the official business of the meeting. Mr. Secretary, please make your report.
Thank you, Mr. Chairman. I have an affidavit from Computershare, Autoliv's stock transfer agent and registrar, which confirms that the annual report to stockholders that the company's fiscal year ended December 31, 2024, as well as the notice of internet availability of the proxy statement, the proxy statement, the proxy card, and postage paid return envelope as applicable for this meeting were properly mailed to each company stockholder as of the record date for this meeting, March 12, 2025. The proxies received for this meeting have been checked for legal sufficiency and tabulated by the Inspector of Election, and the Inspector has a certified list of stockholders which is available for inspection during the meeting by clicking the stockholder list link on the left-hand side of the screen. No advanced written nominations for director or notices of other business were received from stockholders as specified in the company's bylaws.
Consequently, no such nominations or other business may be proposed by stockholders for vote at this meeting.
Thank you. Would the Inspector of Election please give her report?
On March 12, 2025, the record date for this meeting, there were 77,422,560 shares of company common stock outstanding. Proxies for the meeting have been received representing approximately 80% of such shares, which constitutes a quorum.
Thank you, Ms. Cowhart. Legal notice has been given and the quorum being present. I declare this meeting regularly and lawfully convened. If you have already submitted a vote by proxy, you do not need to take any further action at this time to vote. If you would like to vote at this meeting, the polls are now open, and you may submit your votes by clicking on the Cast Your Vote link on the left-hand side of your screen. If you have submitted a vote by proxy and now vote through the virtual stockholder meeting platform, your earlier vote by proxy will be revoked and replaced. The business to come before the meeting is to consider the four proposals in the proxy statement. First, the election of 11 directors to the board.
Second, an advisory resolution to approve the 2024 compensation of the company's named executive officers, as set forth in the proxy statement. Third, the ratification of the appointment of Ernst & Young AB as Autoliv's independent registered public accounting firm for the fiscal year ending December 31, 2025. The first item of the business is the election of the nominees for directors recommended by the board in the proxy statement. The board recommends a vote for all of the nominees. The second proposal is an advisory resolution to approve the 2024 compensation of the company's named executive officers, as set forth in the proxy statement. The board recommends a vote for approving the executive compensation of the named executive officers. The third proposal is the ratification of Ernst & Young AB as the company's independent registered public accounting firm for the fiscal year ending December 31, 2025.
Ernst & Young has been appointed by the Audit and Risk Committee of the board, and the board recommends a vote for approving this proposal. The polls are now closed. Would the Inspector of Election please make her report?
The results are as follows. The 11 nominees for directors were duly elected. Additionally, each director received approval of at least a majority of the votes cast on her or his election. The advisory resolution approving the 2024 compensation of the company's named executive officers was approved. The appointment of Ernst & Young AB as the company's independent registered public accounting firm for 2025 was ratified. The exact number of shares voted in favor of and withheld from the nominees for director and the number of shares voted in favor of, against, and abstaining from proposals two and three will be available from us after this meeting.
Thank you, Ms. Cowhart. This concludes the official business of this meeting. We will now answer questions from stockholders submitted through the virtual stockholder meeting platform, including those submitted in advance of this meeting.
At this time, we would like to take any questions you might have for us today. To ask a question, click on the Q&A icon to submit your question or comment.
There are currently no questions. No questions? Okay. As there are no questions at this point in time and no questions in the queue, we will conclude the meeting.
This concludes the meeting. You may now disconnect.