Good morning, and welcome to the twenty twenty one Annual Meeting of Shareholders of MKS Instruments. I'm John Lee, President and Chief Executive Officer, and I will be presiding over this meeting. I welcome you and call the meeting to order. Due to the public health impact of the ongoing COVID-nineteen pandemic and government restrictions limiting the number of people who may gather together, we're again holding our annual meeting in an all virtual format, and I'm pleased to have everyone join this live webcast. We have designed this meeting to provide shareholders the same rights and opportunities to participate as they would at an in person meeting.
Before we get to the formal business of the meeting, I would like to make some introductions. Joining us at the meeting today are Seth Bagshaw, our Senior Vice President, Chief Financial Officer and Treasurer Kathleen Burke, our Senior Vice President, General Counsel and Secretary David Ryzhik, Vice President of Investor Relations and Kevin Shaw, a partner of PricewaterhouseCoopers, our independent registered public accounting firm. I will now turn the meeting over to Kathleen Burke, who will conduct the formal part of the meeting.
In order to conduct an orderly meeting, I call your attention to the rule of conduct rules of conduct posted on the virtual meeting website, which include information about participating in the meeting, including asking questions. Please note that various remarks that we may make about future expectations, plans and prospects for the company constitute forward looking statements for the purposes of the Safe Harbor provisions under 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 annual report on Form 10 ks and quarterly report on Form 10 Q, which are 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, and any such 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 from Broadridge Financial Solutions Inc certifying that the notice of the annual meeting and proxy statement were sent to all shareholders of record as of 03/03/2021, a copy of which will be included in the minutes of the meeting. Our first order of business at this meeting is to determine whether the shares 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. Holders of 55,255,097 shares of common stock are entitled to vote at this meeting. There are present at this meeting, either in person or by proxy, a total of 52,395,902 shares of common stock or approximately 95% of all shares entitled to vote at this meeting. Therefore, I declare that a quorum exists.
I hereby declare the polls are now open for each matter to be voted on today. If you have not yet voted or if you previously voted by proxy and wish to change your vote, you may vote at any time until the polls close by clicking on the voting button on the virtual meeting website and following the instructions there. Turning now 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 shareholders, the first matter to be voted on is the election of three Class I directors to serve until the twenty twenty four Annual Meeting of Shareholders and until their successes are duly elected and qualified. The three nominees for election are Rajiv Batra, Gerald G.
Kallela and Elizabeth A. Mora. 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 that shareholders are asked to approve. The final matter to be voted on is the ratification of the selection of PricewaterhouseCoopers LLP as the company's registered public accounting firm for the current fiscal year.
If there are any questions on the proposals, they may be submitted on the virtual meeting website. Seeing no questions, we will move on to voting on the proposals. We will pause briefly to allow shareholders to vote if you haven't already done so. Now that everyone has had an opportunity to vote, the business items on the agenda for this meeting are complete and the polls are now closed. We now have the preliminary report of the results of the meeting.
Each of the three nominees for Director has been elected a Class I Director. The advisory resolution approving executive compensation has been approved with approximately 98% of the shares voting in favor of approval. And the appointment of PricewaterhouseCoopers LLP has been ratified. The final vote results will be included in a Form eight ks that will be filed within ten business days after this meeting. As there is no further business to come before the meeting, I declare the formal part of the meeting is adjourned.
We will now use our remaining time available to answer any appropriate questions submitted from shareholders. As there are no additional questions, the meeting is now adjourned. Thank you for attending.