Good afternoon, and welcome to Asana's 2024 Annual Meeting of Stockholders. I would now like to introduce the presenter for the meeting, Katie Colendich .
Good afternoon. My name is Katie Colendich , and I'm the Head of Corporate Stock and Employment Legal of Asana, Inc. I'm very happy to welcome you to Asana's 2024 Annual Stockholders' Meeting. The meeting will now officially come to order. The time is now 2:00 P.M. on Monday, June 17th, 2024, and the polls are now open for voting on all matters to be presented. As you know, we are hosting today's meeting through a virtual online platform hosted by Broadridge. Before we proceed with the formal business of the meeting, I'd like to introduce the other members of the Asana team who are with us today.
The other members of Asana's management team with us today are Dustin Moskovitz, our Co-founder, President, Chief Executive Officer, and Chair of the Board of Directors, Tim Wan, our Chief Financial Officer, Anne Raimondi, our Chief Operating Officer, Eleanor Lacey, our General Counsel and Corporate Secretary, and Eva Leung, our Investor Relations Lead. Also present are the following members of our Board of Directors: Krista Anderson-Copperman, Sydney Carey, Matt Cohler, Adam D'Angelo, Andrew Lindsay, Lorrie Norrington, and Justin Rosenstein. I would also like to introduce Roshni Prasad of PricewaterhouseCoopers LLP, the company's independent registered public accounting firm, who's also in attendance. We will proceed with the formal business of the meeting in the order set forth in the notice of annual meeting and proxy statement. We will first present the three proposals submitted for approval by our board.
We will take questions related to the proposals after all of the proposals have been presented, after which we will announce the preliminary results of the voting. As I mentioned earlier, the polls are open for voting on all matters to be presented. Each share of Class A common stock is entitled to one vote, and each share of Class B common stock is entitled to 10 votes. After I describe each item to be voted on, we will close the polls. We will not accept proxies, ballots, revocations, or changes after the closing of the polls. If you have already submitted your vote by proxy and do not wish to change your vote, you do not need to vote now, and your shares will be voted as previously instructed.
If you intend to vote and have not already done so, please submit your vote online now in order for it to be counted. You should now all have a copy of the rules of conduct for this meeting. In order to conduct an orderly meeting, we ask that you follow these rules. Stockholders who are attending this meeting with a valid 16-digit control number may submit questions or comments through the text box located on the bottom left of the virtual meeting screen. We will try to answer questions submitted that are relevant to the proposals or this meeting, as and if we have time.
I have at this meeting an affidavit certifying that on May 3, 2024, a notice of annual meeting of stockholders of the company was deposited in the United States mail to all stockholders of record at the close of business on April 19, 2024. At this time, I'd like to introduce Kathy Wheadon , a representative of Broadridge Financial Solutions, who is present virtually. I'm appointing Kathy to act as Inspector of Election at this meeting. Kathy 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 the voters, accept their votes, and when balloting on all of the matters is completed, to tally the final votes
I have been informed by the Inspector of Election that proxies have been received for shares representing 971,279,719 votes out of the 997,224,180 votes, represented by the shares of Class A and Class B common stock outstanding on the record date. These votes represent approximately 97.4% of the aggregate voting power of the shares outstanding on the record date. 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 this meeting. After all of the proposals have been described, we will answer questions related to the proposals submitted online. Please submit any questions as soon as possible for our review.
There are three proposals to be considered by the stockholders at this meeting. The first item of business is the election of two Class I directors to serve until our 2027 Annual Meeting of Stockholders and until their successors are duly elected and qualified. The nominees for Class I director are Matt Cohler and Dustin Moskovitz. The second item of business today is the ratification of the appointment of PricewaterhouseCoopers LLP as our independent registered public accounting firm for our fiscal year ending January 31, 2025. The third item of business today is the approval on an advisory basis of the compensation of our named executive officers or the Say-on-Pay vote. We will now review if there are any questions submitted about the proposals before we close the polls. Eva, are there any questions pertaining to the proposals?
There are no questions pertaining to the proposals.
Thank you. The polls will close momentarily. If you have not voted, I encourage you to vote online now. We will now pause to ensure all votes have been recorded. The time is now 2:06 P.M. Pacific, and the polls are now closed for voting. Kathy, the Inspector of Election, will now read the report of the Inspector of Election.
The preliminary report of the Inspector of Election covering the proposals presented at this meeting is as follows: The proposal to elect Matt Cohler and Dustin Moskovitz as Class I directors of the company is carried. The appointment of PricewaterhouseCoopers LLP as the company's independent registered public accounting firm for the fiscal year ending January 31, 2025, is ratified. The proposal to approve, on an advisory basis, the compensation of the company's named executive officers is carried.
Thank you, Kathy. We expect to report our preliminary voting results, or if available to us on a timely basis, our final voting results on a current report on Form 8-K to be filed with the SEC within four business days after the end of this meeting. If not earlier reported, we expect to report our final voting results in an amendment to our Form 8-K within four business days after the final results are known to us. This concludes the formal portion of today's meeting, and the annual meeting is now adjourned. We will now entertain any appropriate questions from stockholders. Eva, are there any questions submitted by our stockholders that are germane to this meeting?
There are no germane questions.
Given there are no germane questions, we will now conclude the meeting. Thank you again for your attendance and for your continued support of Asana.
Thank you. Asana's 2024 Annual Meeting of Stockholders has now come to an end. Thank you for attending. You may now leave the virtual meeting.