Welcome to the 2021 Virtual Annual Meeting of AppFolio's stockholders. I would now like to introduce the first presenter, Jason Randall, President and CEO of AppFolio.
Good morning. On behalf of AppFolio Incorporated, I would like to thank you for participating in our 2021 Annual Meeting of Stockholders. I am Jason Randall, President and CEO of AppFolio, and I will be presiding as chairperson over this annual meeting. I am joined today by Ita Kane, our Chief Financial Officer Craig Carlson, our Corporate Secretary will act as secretary of the meeting PricewaterhouseCoopers LLC has been appointed to act as Inspector of Elections and is attending electronically. We are hosting this annual meeting virtually allowing our stockholders to attend and listen to the annual meeting live, submit questions via chat and vote their shares electronically.
Please note that no one attending via the webcast or telephone is permitted to use any audio recording device. I believe you should all be able to see the agenda for this meeting on your screen as well as certain meeting procedures and rules of conduct, which provide for the orderly transaction of business. The link to our meeting procedures and rules of conduct should appear in the bottom right corner of your screen under Materials. Finally, I would like to thank the members of our Board of Directors for attending today's meeting. The Inspector of Elections has advised me that notice of this meeting was properly served to all stockholders as of the record date, a quorum is present and all items of business are properly before the meeting.
So I declare the meeting open for formal business. As noted in the agenda, we will first conduct the formal portion of the meeting, which is to vote on 3 proposals set forth in the notice of meeting and described in the proxy statement. Following this vote, we will answer questions which are related to the official business of the meeting and comply with the meeting's procedures and rules of conduct. Before acting upon the matters set forth in the notice of the meeting, please allow me to cover some procedural points. First, you can vote in real time during this annual meeting by clicking on the voting button on your screen at any time from the beginning of this meeting until we the voting button on your screen anytime from the beginning of this meeting until we close the polls after we have presented the proposals.
If you've already voted in advance, any vote at this meeting will supersede your earlier vote. Therefore, if you've already voted and do not wish to change that vote, then you do not need to vote again. 2nd, in the event of any technical difficulties before the formal adjournment of this meeting, we will temporarily adjourn and reconvene in accordance with our bylaws. 3rd, during this meeting, stockholders may submit up to 2 questions pertaining to the business of this meeting by using the question box on the screen, which we will address during the question and answer session. I now declare the polls for each matter to be voted on at this meeting open.
You may vote until the polls are closed. The first matter of business to be conducted in this proposal is to elect Timothy Bliss, Jason Randall and Winifred Webb as Class III directors to serve on our Board of Directors until the annual meeting of stockholders to be held in 2024 or until their respective successors have been duly elected and qualified. The second matter of business is to be conducted is the proposal to ratify the selection of PricewaterhouseCoopers as our independent registered public accounting firm for the fiscal period from January 1, 2021 through December 31, 2021, which is our 2021 fiscal year. The 3rd manner of business to be conducted is the proposal to approve on a non binding advisory basis the compensation of our named executive officers as described in the proxy statement. Pertaining to the business of this annual meeting have been submitted by stockholders.
Ida, please go ahead.
Jason, there are no questions that pertain to the business of the meeting and comply with the meeting's procedures and rules of conduct. We can proceed with the reporting of the results of voting.
Thank you, Ida. We will now report the results of voting. I have been advised by the Inspector of Election Set on the first proposal, a plurality of the votes cast by the shares present virtually or represented by proxy and entitled to vote on the proposal, a plurality of the votes cast by the shares present virtually or represented by proxy and entitled to vote on the election of directors at this annual meeting have been voted to elect each of the 3 nominated directors, Mr. Bliss, Mr. Randall and Ms.
Webb. On the second proposal, a majority of the outstanding shares present virtually or represented by proxy and entitled to vote on this proposal at this annual meeting have voted to ratify the selection of PricewaterhouseCoopers as our independent registered public accounting firm for fiscal year 2021. And on the 3rd proposal, a majority of the outstanding shares present virtually or represented by proxy and entitled to vote on this proposal at this annual meeting have voted to approve on a non binding advisory basis the compensation of our named executive officers as disclosed in the proxy statement. The Inspector of Elections will furnish the Secretary of this Annual Meeting with a written report of the vote count with respect to the matters voted on today, which shall be included in the minutes of this meeting. We will also file an 8 ks with the SEC to report the final results.
This concludes the formal business to be brought before this annual meeting. Thank you again for your time today and for your continued support of AppFolio. This meeting is adjourned.
Thank you. The virtual annual meeting of AppFolio's stockholders has now come to an end. Thank you for attending. You may now disconnect.