I'm Dev Ittycheria, President and Chief Executive Officer of MongoDB. I'm very happy to welcome you to the MongoDB 2019 Stockholders Meeting. Before I call the meeting to order, I'd like to introduce to you the members of the Board and the business team who are with us today. The other members of the Board in attendance today are Hope Cochran, Chip Hazard, Tom Killalea, and Kevin Ryan. The officers of MongoDB here today are Michael Gordon, Chief Operating Officer and Chief Financial Officer, and Andrew Stephens, General Counsel and Secretary. I would also like to introduce Derek DeCarolis of PricewaterhouseCoopers, MongoDB's auditors, and Alison Haggerty of Cooley, MongoDB's outside counsel, who are both available to respond to appropriate questions. The meeting will now officially come to order. We will proceed with the formal business of the meeting as set forth in your notice of annual meeting and proxy statement.
After the formal part of our meeting, we will give you an opportunity to ask any questions you may have. Will the Secretary please report at this time with respect to the mailing of the notice of the meeting and the stockholders list?
I have at this meeting a complete list of the stockholders of record of our Class A and Class B common stock on May 17th, 2019, the record date for this meeting. I also have an affidavit certifying that on May 30th, 2019, a notice of annual meeting of stockholders of MongoDB was deposited in the United States Mail to stockholders of record at the close of business on May 17th, 2019.
At this time, I'd like to introduce Peter Descovich of Broadridge, who I am appointing to act as Inspector of Election at this meeting. Mr. Descovich has taken and subscribed the customary oath of office to execute his duties with strict impartiality. We'll file this oath with the records of the meeting. His function is to decide upon the qualification of the voters, accept their votes, and when balloting on all matters is completed, to tally the final votes. Will the Secretary please report at this time with respect to the existence of a quorum?
I have been informed by the Inspector of Election that proxies have been received for approximately 77% of the aggregate voting power of the outstanding shares of common stock entitled to vote at this meeting. This constitutes a quorum for the meeting today, we may now carry out the official business of the meeting.
There are four proposals to be considered by the stockholders at this meeting.
The time is now 10:03 A.M. on Wednesday, July 10th, 2019, the polls are now open for voting on all matters to be presented. The polls will be closed to voting after we go through the matters to be voted on. The agenda and rules of conduct for the meeting are posted on the annual meeting portal. We ask that you follow these rules to help the meeting run smoothly. We will address questions during the Q&A portion of the meeting. If you have a question, please submit it by entering it into the Ask a Question text box on the bottom left-hand corner of the annual meeting portal.
The first item of business is the election of two class 2 directors to serve until the 2022 annual meeting and until their successors are elected. The nominees for class 2 directors are Charles M. Hazard, Jr. and Tom Killalea. The second item of business is the proposal to approve on a non-binding advisory basis the compensation of our named executive officers as described in the proxy statement. Will the secretary please read the resolution that appears in the proxy statement?
The resolution reads as follows. Resolved that the company stockholders hereby approve on a non-binding advisory basis the compensation of the company's named executive officers as disclosed in the company's proxy statement for the 2019 annual meeting of stockholders pursuant to the compensation disclosure rules of the Securities and Exchange Commission, including the compensation discussion and analysis, compensation tables, and the accompanying narrative.
The third item of business is the proposal to approve on a non-binding advisory basis the frequency of future non-binding advisory votes to approve the compensation of our named executive officers as described in the proxy statement. The fourth item of business today is the ratification of the selection by the Audit Committee of the Board of Directors of PricewaterhouseCoopers as the independent registered public accounting firm of MongoDB for the fiscal year ending January 31, 2020. That was the final proposal for today's meeting. The secretary will now describe the voting procedures.
If you have already voted, there is no need to vote now unless you would like to change your vote. If you have not voted and you would like to vote now, or if you'd like to change your vote, click the Vote Here button at the bottom right-hand corner of your screen through the annual meeting portal. We'll pause for a moment to give anyone who hasn't yet voted a chance to vote. 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. The time is now 10:06 A.M., and the polls are now closed for voting. The report of the Inspector of Election covering the proposals presented at this meeting is as follows. The proposal to elect each of Charles M.
Hazard, Jr. and Tom Killalea as a class 2 director of MongoDB is carried. The advisory vote approving named executive officer compensation has been approved. Stockholders have recommended that an advisory vote on executive compensation should be held annually. The selection of PricewaterhouseCoopers LLP as MongoDB's independent registered public accounting firm for the fiscal year ending January 31, 2020 is ratified. We expect to report 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.
This concludes the formal portion of today's meeting. We will now entertain questions from stockholders.
There being no questions, the meeting is now adjourned. Thank you, everyone.
Conference is concluded. You may now disconnect. Have a great day.