Thank you for standing by. Welcome to the F5, Inc. Annual Meeting of Shareholders. I would now like to turn the conference over to F5, Inc. Please go ahead.
Good morning. My name is François Locoh-Donou, F5's President and CEO. I will be serving as Chairman for today's meeting. Scot Rogers, our Executive Vice President, General Counsel, and Corporate Secretary, will be serving as Secretary. Also in attendance is our Board Chairperson, Al Higginson. Other members of our Board will be attending the meeting virtually. Welcome to the Annual Meeting of the Shareholders of F5, Inc. Our Board of Directors are attending the meeting remotely through the virtual meeting room. I would also like to welcome Abby Haynes and Jim Hooper from PricewaterhouseCoopers, our independent auditors. I call this meeting to order and turn the meeting over to Mr. Rogers to conduct the formal business of the meeting.
Thank you, François.
I will begin the meeting with a review of the proposals to be voted on today. There will be time at the end of the meeting for questions from the virtual meeting room. The agenda for this Annual Meeting and the Rules of Conduct are posted online in the virtual meeting room. To conduct an orderly meeting, we appreciate your cooperation and ask that participants abide by these rules. Notice that this Annual Meeting was mailed on or about January 27, 2025, to all shareholders of record as of the close of business on January 7, 2025. The resolutions on the agenda for today's meeting are: First, to elect 12 directors nominated by the Board of Directors of the company to hold office until the Annual Meeting of Shareholders for fiscal year 2025. To approve, on an annual advisory basis, the compensation of our named executive officers.
Three, to ratify the selection of PricewaterhouseCoopers LLP as the company's independent registered public accounting firm for fiscal year 2025. Four, to transact such other business as may properly come before the meeting and any adjournments or postponements thereof. I'm happy to report that prior to the opening of the meeting, in accordance with our bylaws, we had proxies representing approximately 92% of the total voting power as of January 7, 2025. Therefore, I hereby declare a quorum present. This meeting is declared properly convened and ready to transact business. If there are any shareholders who are not represented by a proxy and wish to vote on matters on the agenda today, you may do so through the virtual meeting platform. If you have already voted by proxy, you need not vote today unless you would like to change your vote.
We want to express our appreciation to all shareholders who return their proxies. The proxies solicited by the Board of Directors will be voted for the election of the directors, for ratification of our independent registered public accounting firm, and for approval on an advisory basis of the compensation of our named executive officers. If there is anyone who has not voted, you should do so now through the virtual meeting platform as the polls will be closed shortly. We have no more votes coming in at this time. I now declare the polls are closed. A representative of Broadridge Financial Solutions, Inc., has been appointed the Inspector of Elections and will finalize the vote tabulation and certify the votes after adjournment of today's meeting. However, at this time, I now report the preliminary results tabulated prior to the opening of the meeting.
There were 53,462,472 shares represented at this meeting either in person or by proxy. This represents approximately 92% of the total votes of the company. For the election of the directors, at least 94% of the votes were cast in favor of the election of each of the nominees. The advisory vote on the compensation of the company's named executive officers was approved by approximately 91% of the votes cast, and for the selection of the company's independent registered public accounting firm, approximately 92% of votes were cast in favor of the resolution. Based on the preliminary vote tabulation, I hereby announce that the directors have been elected, the advisory vote on the compensation of named executive officers was approved, and the selection of PricewaterhouseCoopers as the company's independent registered public accounting firm for 2025 has been ratified.
Within four business days, the company will file a current report on Form 8-K with the SEC, expected to disclose the specific and final voting results for the matters voted on at this Annual Meeting. This concludes the formal business portion of our meeting. We now open the floor to any questions. If you wish to ask a question, you may submit a question through the online portal. As we have no questions, I now turn it over to François.
Thank you, Scot. This concludes our meeting. I now declare the meeting adjourned. Thank you all for attending.
Ladies and gentlemen, that concludes today's call. Thank you all for joining. You may now disconnect.