Good morning and welcome to the 2021 Annual Meeting of Stockholders of Angi Inc. Today's meeting is being recorded. At this time, I would like to turn the proceedings over to Mr. Joseph Levin, Chairman of Angi. Please go ahead, sir.
Thank you. Welcome, stockholders, to our annual meeting. I'm introducing here Oisin Hanrahan, the CEO; Glenn Schiffman, the interim CFO; and Shannon Shaw, the Chief Legal Officer, who are in the room here with me today. The purpose of today's meeting is to elect 11 directors, approve the advisory vote on executive compensation, approve the advisory vote of how frequently the company should hold an advisory vote to approve the executive compensation, and to ratify the appointment of the company's auditors for 2021. Ms. Shaw will now conduct the formal portion of the meeting with a question and answer. Ms. Shaw will now conduct the formal portion of the meeting with a question and answer session to follow, time permitting.
Good morning. To begin, I'll formally call the meeting to order. We have Mr. Peter Descovich from Broadridge, who has been appointed the inspector of election at this meeting. Stockholders of the company who may vote on the matters presented at this meeting are stockholders of record at the close of business on April 19, 2021. Stockholders of the company have been submitting proxies since we mailed the company's proxy statement on or about April 27, 2021. If you have already submitted your proxy, then your votes have been tallied. If you wish to vote during the meeting or change a proxy previously submitted, you may do so online now until the polls close using your 16-digit control number included in your proxy materials.
The record will show that we have received a certificate of the Inspector of Election that certifies that a majority of the voting power of all outstanding shares of the Company is present at the meeting by proxy, which is sufficient for quorum. I therefore declare that a quorum is present and that we may proceed with the transaction of business stated in the Notice of Meeting. I will now describe briefly for you the proposals subject to a vote today. A more detailed description of these proposals may be found in the Company's 2021 Proxy Statement. The first proposal is to elect the 11 nominees who stand today for election to the Company's Board of Directors. Our 2021 Proxy Statement includes information concerning each of the nominees.
All of the following 11 nominees will be voted upon collectively by the holders of Angi Class A Common Stock and Class B Common Stock. They are Thomas Evans, Alesia Haas, Kendall Handler, Oisin Hanrahan, Angela Hicks Bowman, Joey Levin, Glenn Schiffman, Mark Stein, Suzy Welch, Gregg Winiarski, and Ynon Kreiz. The election of each director nominee requires the affirmative vote of a plurality of the total number of votes cast collectively by holders of shares of Angi Class A and Class B Common Stock. The second proposal before the stockholders of the company is a non-binding advisory vote to approve the compensation paid to our named executive officers as disclosed in our proxy statement. The affirmative vote of a majority of the voting power of shares of Angi Class A and Class B Common Stock present in person or represented by proxy is required for approval.
The third proposal before the stockholders of the company is a non-binding advisory vote of how frequently, either every one year, every two years, or every three years, the company should hold an advisory vote to approve the compensation paid to its named executive officers. The affirmative vote of a majority of the voting power of shares of Angi Class A Common Stock and Class B Common Stock present in person or represented by proxy is required for approval. The last proposal is to ratify the appointment of Ernst & Young, LLP, as the company's independent auditors for the fiscal year ending December 31, 2021, which will be voted upon collectively by the holders of shares of Angi Class A Common Stock and Class B Common Stock.
The affirmative vote of a majority of the voting power of shares of Angi Class A and Class B Common Stock present in person or represented by proxy is required for approval. We're now ready to vote on the proposals. I declare the polls officially open, and all proxies previously submitted will now be officially voted. Votes cast online during the meeting will be tallied together with votes submitted by proxy. I now declare the polls closed. Before the meeting, Mr. Descovich informed me of the voting results based on proxies already received and based on those preliminary voting results.
Pursuant to the Delaware General Corporation Law and the company's organizational documents, the company's stockholders have voted to elect all 11 director nominees and approve advisory vote on executive compensation and approve advisory vote for holding the say-on-pay vote once every three years at Angi's annual meeting of the stockholders and ratify the appointment of our auditors for 2021. We have received no questions, and with no other business to conduct at this meeting, I declare this meeting adjourned at 9:06 A.M. Eastern.