Welcome to the 2020 Annual Meeting for Blackstone Mortgage Trust. Our host for today's call is Stephen Plavin, CEO. At this time, all participants will be in a listen-only mode. I will now turn the call over to your host, Mr. Plavin. You may begin, sir.
Thank you. Good morning, ladies and gentlemen. I am Stephen Plavin, Chief Executive Officer of Blackstone Mortgage Trust. On behalf of the company, I want to welcome you and thank you for attending our 2020 Annual Meeting of Stockholders. I'm joined today by other members of our management team, members of our Board, representatives from Deloitte & Touche LLP, our independent registered public accounting firm, a representative of Broadridge Financial Solutions, the Inspector of Elections for this meeting, and Simpson Thacher & Bartlett, our legal counsel. I will act as chairman of this meeting. Leon Volchyok will act as Secretary of the meeting. Thomas Ferrari, a representative of Broadridge Financial Solutions, will act as the Inspector of Elections for the meeting. This meeting is now called to order. The agenda setting forth the proposals for consideration and the meeting's rules of conduct are each available on the virtual meeting page.
There are three proposals scheduled to be voted on today, and we will address any germane questions before closing the polls for each proposal. Once the polls are closed, we will provide the preliminary voting results based upon a report from the Inspector of Elections and will then adjourn the meeting. I will then answer any appropriate questions from stockholders during the time allotted. A representative from Deloitte is also available to answer appropriate questions. To submit a question, type it into the box at the bottom of the page and submit. As indicated in the proxy statement, we are here today regarding the following proposals: Proposal One, the election of directors, Proposal Two, the ratification of the appointment of the company's independent registered public accounting firm, and Proposal Three, to consider a non-binding advisory vote on the compensation paid to our named executive officers.
The polls for each matter upon which stockholders will vote at this meeting opened at 9:00 A.M. and will remain open until I announce that the polls are closed. No votes will be accepted after the polls are closed. Near the end of the meeting, after the report on the tabulation of the voting, I will announce the voting results on the proposals. The Board of Directors has fixed the close of business on April 9, 2020, as the record date for the determination of stockholders entitled to receive notice of and to vote at this meeting. As a result, a total of 135,355,320 shares of our Class A common stock can be voted at this annual meeting.
The proxy materials for the annual meeting were made available to the stockholders on April 29, 2020, and Broadridge Financial Solutions has provided an affidavit of distribution certifying to: A, the timely mailing on April 29, 2020, of the e-proxy notice to all stockholders of record as of the record date, and B, the fulfillment of stockholder requests for copies of the company's proxy materials and 2019 annual report to stockholders. The presence in person or by proxy of the holders of a majority of the outstanding shares of the company's Class A common stock entitled to vote at this meeting constitutes a quorum to transact business on all matters to be considered at this meeting. Each share of Class A common stock is entitled to one vote.
I've been advised by the Inspector of Elections that there are present at this meeting in person or through representation by proxy stockholders entitled to vote a majority of the outstanding shares of the company's Class A common stock entitled to vote at this meeting. As a result, I hereby declare that a quorum exists with respect to all matters presented for stockholder action at this meeting. The approval of Proposal One requires a plurality of the votes cast by the holders of Class A common stock. The approval of Proposals Two and Three require a majority of the votes cast by the holders of Class A common stock. You've already given your proxy to vote your shares. You need not vote during this meeting since the persons designated as proxies will vote for you as indicated in the proxy cards.
If you haven't authorized your vote or if you want to change your vote, you may do so now online by following the instructions on the Virtual Shareholders Meeting screen. The first matter to be voted on is Proposal One regarding the election of directors. The second matter to be voted on is Proposal Two regarding the ratification of the appointment of Deloitte & Touche LLP, and the third and final matter to be voted on is Proposal Three regarding executive compensation. I will now pause for any comments or questions on the proposals. Please be mindful of the meeting rules.
There are no questions in the queue, Steve.
At this time, no questions have been submitted. Thank you all for your participation. We will now proceed with the voting. If you wish to vote, please do so now. The polls are now closed. This concludes the business items on the agenda for this annual meeting. I, as the Chairman of the meeting, recognize the votes and proposals represented by the proxy solicited by the Board of Directors. The votes will now be tabulated, after which we will announce the results of the voting. The Inspector of Elections has informed me that each of the proposals one and two and three have received the requisite affirmative approvals to pass.
I hereby declare that each of the nominees listed in Proposal One has been elected as a director of the company, that the appointment of Deloitte & Touche LLP as set forth in Proposal Two has been ratified, and that the executive compensation of named executive officers as set forth in Proposal Three has been approved. That concludes the formal business of the meeting. I will now entertain questions from stockholders. The representatives from Deloitte introduced earlier are available to answer appropriate questions from stockholders. Please be mindful of the meeting rules. I want to thank you for attending today's meeting. If there is no further business to come before the meeting, it is adjourned.
There are still no questions in the queue, Steve.
If there are no questions, I think that will conclude today's meeting and call. Thanks everybody for listening.