Good day and welcome to Aspen Aerogels Incorporated's 2021 Annual Meeting of Stockholders. I would now like to introduce Chairman of the Board of Directors, Mr. Bill Nobles.
Good morning. Welcome to Aspen Aerogels 2021 Annual Meeting of Stockholders. I'm Bill Nobles, Chairman of Aspen Aerogels Board of Directors, and it's my pleasure to welcome all of you. I hope you and your families are doing well in these challenging times. In accordance with the notice of the meeting, it is now 9:00 A.M. Eastern Time on June 1st, 2021, and I call to order Aspen Aerogels 2021 Annual Meeting of Stockholders. This meeting is being held virtually via live audio webcast, and a link to a recording of the webcast will be available on our website shortly after the meeting. Please adhere to the rules for conduct posted on the virtual portal when asking questions during the meeting.
Before proceeding to the business of the meeting, I would like to introduce some of the people who are attending the virtual meeting. I would like to start with our Board of Directors: Becky Blalock , Bob Gervis , Steve Mitchell, Mark Noetzel, Dick Riley, and Don Young, our CEO. Also joining us today are the company's Vice President, Chief Financial Officer, and Treasurer, John Fairbanks, and Secretary and Legal Counsel, Sahir Surmeli. Representatives of our auditors, KPMG, and Poongs Muthukumaran , the company's Chief Legal Counsel. Mr. will serve as Secretary of the meeting and record the proceedings. Terry Hassett, representing Broadridge Investor Communication Solutions, is also on the line serving as the Inspector of Elections for the meeting. After the formal meeting has been adjourned, we will provide time for general questions from validated stockholders. Please note that this meeting is being recorded.
The polls for each matter are currently open for voting on the web portal and will remain open until we announce that the polls are closed, which will occur after we have read the description of all the proposals to be voted at this meeting or such earlier time as may be announced. This meeting is held pursuant to a notice mailed on or about April 19th, 2021, to each stockholder of record at the close of business on April 5th, 2021. Broadridge Investor Communication Solutions has delivered an affidavit as to the mailing and distribution of the notice of the meeting, which states that commencing on April 19th, 2021, the notice of the meeting, together with related proxy materials and notice of internet availability of proxy materials, will mail to all stockholders of record as of the close of business on April 5th, 2021.
This affidavit will be filed at the minutes of this meeting. The count of shares present immediately prior to the commencement of the meeting indicated that 25,381,972 shares of Aspen Aerogels Common Stock outstanding and entitled to vote at this meeting were present at the meeting or represented by proxy. This is 89.5% of the outstanding shares of Aspen Aerogels Common Stock entitled to vote at the meeting. I hereby declare that we have a quorum present at the meeting. On behalf of our Board of Directors, I would like to express my appreciation to all stockholders who returned their proxies. I will now turn to the three items of business for the meeting. The first matter to be acted upon by the stockholders is the election of two directors, Rebecca B. Blalock and Robert M. Gervis .
Gervis, each of whom have been duly nominated to serve until the annual meeting of stockholders to be held in 2024 and until their respective successors are elected and qualified. Aspen Aerogels has not received timely notice of any other nominees or nominations for director as required under the bylaws. Therefore, I declare the nominations closed. The second matter being submitted to stockholders for action is the ratification of the appointment by the Audit Committee of KPMG LLP as Aspen Aerogels independent registered public accounting firm for the fiscal year ending December 31, 2021. The third matter being submitted to stockholders is to approve on an advisory basis the compensation of the named executive officers as disclosed in our proxy statement for this meeting.
Any stockholder who hasn't yet voted or wishes to change their vote on any of these three proposals may do so by clicking on the voting button on the web portal and following the instructions there. Stockholders who have sent in proxies or voted the proxy via telephone or internet and do not want to change their vote do not need to take any further action. Now that everyone has had the opportunity to vote, I now declare the polls for Aspen Aerogels 2021 Annual Stockholder Meeting closed. Poosa, will you please report the results of the voting?
Yes. Thank you, Mr. Chairman. We have completed a preliminary count of the votes, and more than a plurality of the votes cast have been voted for the election of the two nominees for director named in the proxy statement for the terms expiring on the date of the annual meeting of the stockholders to be held in 2024. Also, based on the preliminary count, the stockholders have ratified the appointment of KPMG LLP as Aspen Aerogels' independent registered public accounting firm for the fiscal year ending December 31, 2021, and the stockholders have approved on an advisory basis the compensation of the named executive officers as disclosed in our proxy statement. We will file the final vote results with the SEC in a Current Report on Form 8-K within four business days.
Thank you, Sa. With those results, I hereby declare that the nominees for director have been duly elected, that the appointment of KPMG LLP as Aspen Aerogels Independent Registered Public Accounting Firm for the fiscal year ending December 31, 2021, has been duly ratified, and that the compensation of the named executive officers is approved on an advisory basis. After the final tabulation of the votes has been completed, it will be placed with the minutes of this meeting. If there is no other business, this concludes the formal portion of our meeting. I would again like to express my appreciation to the stockholders who attended this virtual meeting, as well as those who have submitted proxies. The meeting is now formally adjourned. Thank you, everyone. We have come to the part of the agenda providing for general questions and discussion.
We will take stockholders' questions that are being entered today on the annual meeting web portal. Please note that we will endeavor to answer as many appropriate questions from stockholders regarding the company as we reasonably can and as time allows, but only questions that are germane to the meeting will be addressed. As a courtesy to others, we will restrict questions to no more than two per stockholder. Saadiya, are there any questions?
No, Mr. Chairman.
Then the meeting is now closed. Thank you, everyone.
Attending Aspen Aerogels 2021 Annual Meeting of Shareholders. The meeting has concluded, and you may now.