Good evening, and welcome to the twenty twenty one Annual Meeting of Shareholders for Evercoat Inc. I would now like to introduce the first presenter, David Blunden, Chairman of the Board.
Good morning, and welcome to the twenty twenty one Annual Meeting of Stockholders of Evercore Inc. I'm David Blunden, Chairman of the Board of Directors of Evercore, and I'll be presiding over this meeting. At this time, I call the meeting to order. We are holding our annual meeting in an all virtual format and are pleased to have everyone join this live webcast. We have designed this meeting to provide stockholders with the same rights and opportunities to participate as they would have in an in person meeting.
Now before we get to the formal part of business of the meeting, I'd like to make some introductions. Joining us today at the meeting are Jamie Mendal, President, CEO and Director Darryl August, Executive Vice President Sandhu Bansal, director Paul Denninger, director John Lunny, director George Nebel, director John Shields, director Mira Wilczek, director John Wagner, CFO and treasurer David Mason, General Counsel and Secretary. I'd also like to introduce Alice Marie Hand from PricewaterhouseCoopers LLC, our independent registered public accounting firm as well as Joseph McClelland, our Inspector of Election. I will now turn the meeting over to David Mason, General Counsel and Secretary, to conduct the formal part of the meeting.
Thank you, David. Each of you should have checked in online prior to entering the meeting. In order to conduct an orderly meeting, we rules of conduct for the meeting, copies of which have been posted on the virtual meeting website. Please note the various remarks that we may make about future expectations, plans and prospects for the company constitute forward looking statements for purposes of the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by these forward looking statements as a result of various important factors, including those discussed in the Risk Factors section of our most recent quarterly report on Form 10 Q, which is on file with the SEC.
In addition, these forward looking statements represent the company's expectations only as of today. While the company may elect to update these forward looking statements, it specifically disclaims any obligation to do so. Any forward looking statements should not be relied upon as representing the company's estimates or views as of any date subsequent to today. I have received an affidavit of distribution from Broadridge Financial Solutions certifying that the notice of the annual meeting and proxy statement were sent to all stockholders of record as of 04/13/2021. This affidavit will be available for inspection by any stockholder.
Our first order of business at this meeting is to determine whether the voting power represented at this meeting, either in person via this virtual meeting or by proxy, are sufficient to constitute a quorum for purposes of transacting business. As of the record date on 04/13/2021, 22,366,434 shares of Class A common stock and 6,407,678 shares of class b common stock were outstanding, which represents a total of 86,443,214 votes that are entitled to be cast at this meeting. The inspector of elections has informed me that the number of votes present at this meeting, either in person or by proxy, is 80,776,114 votes, representing approximately 93.4% of the total number of votes entitled to be cast at this meeting. Therefore, I declare that a quorum exists. Now turning to the items to be voted on at this meeting.
As indicated in the notice of meeting and accompanying documents that were made available to stockholders, the first matter to be voted on is the election of nine directors to serve until the twenty twenty two annual meeting of stockholders or until their successors are duly elected and qualified. The nine nominees for election are Darryl August, David Blunden, Sandhu Bansal, Paul Denninger, John Lunny, Jamie Mendel, George Neville, John Shields, and Mara Wilczek. The next matter to be voted on is ratification of the appointment of PricewaterhouseCoopers LLP as the company's independent registered public accounting firm for the fiscal year ending 12/31/2021. The next matter to be voted on is the advisory vote to approve executive compensation. The proxy statement for this meeting contains the text of the resolution the stockholders are asked to approve.
The final man to be voted on is the advisory vote on the frequency of future advisory votes on executive compensation every one, two years, or three years. If there are any questions on the proposals, they may be submitted on the virtual meeting website. I remind you that there will be an opportunity for general questions not related to the proposals after the formal portion of the meeting has concluded. If asking a question, please also include your name and affiliation to the company. Seeing no questions, we'll move on to the voting on the proposals.
I hereby declare the polls are now open for each matter to be voted upon today. Any stockholder who hasn't yet voted or wishes to change their vote may do so by clicking the vote here button on the screen and following the instructions there. Stockholders who have sent in proxies or voted via telephone or online and who do not want to change the votes do not need to take any further action. We will pause briefly to allow stockholders to vote. Now that everyone has had an opportunity to vote, the polls are now closed.
This concludes the business items on the agenda for this meeting. The polls are now closed. Will Joseph McCollin please tabulate the votes? We now have the preliminary report of the results of the meeting. Each of the nominees for director has been elected as a director.
The appointment of PricewaterhouseCoopers LLP has been ratified. The advisory resolution approving executive compensation has been approved with approximately 85.8% of the shares voting in favor of approval. The frequency of every three years of future advisory votes on executive compensation has been approved. The final vote results will be included in the Form eight ks to be filed within four business days after this meeting. I will now turn it over to David London.
As there is no further business to come before this meeting, I declare the formal part of the meeting to be adjourned. We will now answer appropriate questions from the stockholders. Please follow the instructions provided on the virtual meeting website to submit your questions.
We do not have any questions at this time.
Given there are no questions, we will now conclude the meeting. Thank you everyone for your participation.