Good morning. Welcome to the Appian Corporation Annual Meeting of Stockholders. I would now like to turn the conference over to Matthew Calkins, CEO and Chairman of Appian. Please go ahead.
Hey, good morning. This is Matt Calkins, the Chairman and CEO of Appian. I'm pleased to welcome you to the Appian 2026 Stockholders Meeting, which we are conducting over the World Wide Web. Before we conduct the meeting to order, I'd like to introduce you to the members of the board, our board nominees, and the business team who are with us today. The other members of the board joining us today are Shirley Edwards, Bobbie Kilberg, Bob Kramer, Mark Lynch, Bill McCarthy, Boe Hartman, and Dave Link. Jaye Campbell, our General Counsel and Secretary, and Serge Tanjga, our CFO, are also joining us today. I would also like to introduce Rob Garcia and Chad Cottrell of BDO, our independent registered public accounting firm, who will be available to respond to appropriate questions at the end of the meeting.
I will now turn things over to Jaye Campbell to proceed with the business of the meeting.
Thank you, Matt. The meeting will now officially come to order. As a preliminary matter, this is a virtual meeting conducted via live audio webcast, which is taking place only over the internet. Once the polls are open, stockholders will be able to vote in real time until the polls are closed by clicking on the Vote Here button on the screen. Stockholders may also submit questions while the meeting is in progress. We will review and aggregate similar questions and will answer stockholder questions at the end of the meeting. I have at this meeting a complete list of the stockholders of record of our common stock on April 8th, 2026, the record date for the meeting.
I also have an affidavit certifying that on April 22nd, 2026, a notice of annual meeting of stockholders was deposited in the U.S. mail to stockholders of record at the close of business on April 8th, 2026. Angela Patterson, Deputy General Counsel for Appian, has been appointed to act as Inspector of Elections for this meeting. Angela has taken and subscribed the customary oath of office to execute her duties with strict impartiality. We will file this oath with the records of the meeting. Her function is to decide upon the qualifications of voters, accept their votes, and when balloting on all matters is completed, to tally the final votes. I have been informed by the Inspector of Elections that proxies have been received for 65,563,774 shares of Class A and Class B common stock.
Of the 74,363,075 shares of Class A and Class B common stock outstanding on the record date. This represents approximately 93% of the total voting power of the outstanding shares of our Class A common stock and Class B common stock entitled to vote. Our Class A and Class B common stock vote together as a single class. This constitutes a quorum for the meeting today, and we may now carry out the official business of the meeting. We will now proceed with the formal business of the meeting as set forth in your notice of annual meeting and proxy statement. Voting is by proxy and online. Most of you have already submitted your proxy to vote and do not need to vote again unless you want to change your vote.
The time is now 11:03 A.M. on Wednesday, June 3rd, 2026, and the polls to vote online for each matter being voted on are now open. If you wish to vote now, regardless of whether or not you've already submitted a proxy, you may do so by clicking the Vote Here button on your screen. The polls will be closed to voting after we go through the matters to be voted on. Holders of our Class A common stock are entitled to one vote per share. Holders of our Class B common stock are entitled to 10 votes per share. The first item of business is the election of eight directors to serve until the 2027 annual meeting and until their successors are elected and qualified. The nominees for director are Matthew Calkins, Michael Beckley, Shirley Edwards, Carl G.
Hartman, II, Bobbie Kilberg, Robert Kramer, David Link, and Mark Lynch. The board of directors recommends a vote in favor of each of the director nominees named in the proxy statement. The second item of business today is the ratification of the selection by the Audit Committee of BDO USA, LLP as our independent registered public accounting firm for the fiscal year ending December 31st, 2026. The board of directors recommends a vote in favor of this proposal. The third item of business today is an advisory vote on the approval of the compensation of our named executive officers as disclosed in the proxy statement. The board of directors recommends a vote in favor of this proposal. The fourth item of business today is an advisory vote on the frequency of approval of the compensation of our named executive officers as disclosed in the proxy statement.
The board of directors recommends a vote of one year on this proposal. The fifth and final item of business today is a vote on the approval of the amended and restated 2017 Equity Incentive Plan as disclosed in the proxy statement. The board of directors recommends a vote in favor of this proposal. That was the final proposal for today's meeting. The time is now 11:05, and the polls are officially closed for voting. The votes are being counted, and we appreciate your patience during this process.
Okay, we have the votes, the results of the voting.
Yes, Matt. The report of the Inspector of Election covering the proposals presented at this meeting is as follows. First, the proposal to elect Matthew Calkins, Michael Beckley, Shirley Edwards, Boe Hartman, Bobbie Kilberg, Bob Kramer, Dave Link, and Mark Lynch as our directors is carried. The selection of BDO USA, LLP as our independent registered public accounting firm for the fiscal year ending December 31st, 2026 is ratified. The compensation of our named executive officers, as described in the proxy statement, has been approved. The preferred frequency of future advisory votes on named executive officer compensation is every one year. Finally, the amended and restated 2017 Equity Incentive Plan has been approved. We expect to report our final voting results on a current report on Form 8-K.
Now let's move on to any other business. Jaye, were there any other items of business or proposals that were properly made by any stockholder of the company?
No, there were not.
With that, we've reached the end of the formal business for this meeting. I therefore declare this annual meeting to be adjourned.
Thank you, Matt. At this point, we will answer questions that may have been submitted by our stockholders. While we are reviewing questions, please keep in mind that statements made during the course of this meeting, including any response to questions that may follow this meeting, may constitute forward-looking statements. The company's actual results may differ materially from those suggested here. Additional information concerning factors that could cause such a difference can be found in the company's annual report on Form 10-K for the year ended December 31st, 2025, and the company's quarterly report on Form 10-Q for the quarter ended March 31st, 2026, and our subsequent SEC filings. Seeing as there are no questions, thank you for joining us at this year's annual meeting. We hope that you share our excitement about Appian, and we look forward to seeing you again next year.
That concludes the question- and- answer portion of the meeting, and thank you for joining.
The conference has now concluded. Thank you for attending today's presentation. You may now disconnect.