Okay, it's 8:30. Good morning, everyone. Welcome to Maui Land and Pineapple Company's 2021 Annual Shareholders' Meeting. It's 8:30, and I now call this meeting to order. My name is Warren Haruki, President and CEO Chairman and CEO.
And I have Mike Quota, our Chief Financial Officer Paul Sabrada, Vice President and Scott Kodama, Controller for my team as well. We are also fortunate to have 2 of our directors, Art Dukin and Anthony Takitani on the line. As far as we understand, Tim Recker, you're the only Good morning. Who just joined? Yes.
Hello. Yes, my name is Harry. Hi, Harry. What do you think your static name? Bonke, spelled C0NAEY.
Okay, Harry. Thank you for joining us. We have the Maui Leni Pine executive team as well as 2 directors, Art Toquien and Anthony Takitani on the line. At this point, I'm also going to ask if our auditors at Q3 LLP are on the line. Okay.
I'll now ask Mike Hota, Chief Financial Officer, to report on the call and the notice of the meeting. Okay. Thank you, Y. Notice of this meeting was mailed on March 18, 2021, to all holders of our common stock as of March 9, 2021 record date. We have a certificate of the mailing of the transfer agent, Computershare.
Okay. Do we have a quarter, Mike? Yes, Mr. Chairman. We have 17, 780, 000 shares or 92% of the outstanding shares present in person or by proxy.
Thank you very much. Who just joined? Okay. Thank you. The 92% is an outstanding vote.
I declare a quorum presence and the meeting qualified to act on all matters set forth in the notice of meeting. The business of this meeting is limited to those items included in the notice of meeting that was sent to all shareholders. If you sent in your proxy or voted by ballot, your vote is already counted and tallied. If you have not submitted your proxy and would like to vote at this meeting, please let us know at this time. Okay.
Moving on. Proposal number 1 is the election of 5 directors to serve under the annual meeting of shareholders to be held in 2022. Paul?
I move to elect as directors, Stephen M. Case, Warren H. Haruki, David A. Zinnan, Anthony Takitani and Arthur C. Tokien.
Any questions or discussion? Proposal number 2 is to approve on an underlying binding advisory basis the compensation paid to the company's named executive officers. Paul?
I move to approve the compensation paid to the company's named executive offices.
Any questions or discussion? Thank you. Proposal number 3 is to ratify Acuity LLP as an independent registered public accounting firm of the company for 2021, Paul?
I move to rectify Acuity LLP as the independent registered public accounting firm of the company for 2021.
Any questions or discussion? Mike, please announce the results of the votes.
Okay. Thank you. From the 15, 211, 000
votes cast, 13, 255, 000 shares or at least 87% had voted for each of the nominated directors, 97% had voted to approve the compensation paid to company's named executive officers and 99% have voted to ratify Acuity LLP as the independent registered public accounting firm of the company for 2021. After the minutes reflected, the nominated directors have been elected by a plurality of the votes cast and I hereby declare the approval of the compensation paid as company's executive officers and the ratification of Acuity LLP as an independent registered public accounting firm of the company for 2021. At this point, my remarks will be brief. We've already reviewed the company's recent 10 ks filing, which covered 2020. The past year is best characterized as our COVID shutdown year.
Following this shareholders meeting, we'll be meeting our quarterly audit committee followed by our Board of Directors meeting to review the Q1 results for 2021. It's our plan to issue our Q1 'twenty 1 earnings release and to file our 10 Q next Monday, May 3, after the close of the market. So at this point, I would ask Tim or Harry if you have any questions that you want to pose at this time. No. This is Harry.
Thank you. I enjoyed looking but have no questions at the moment. Okay. And Tim, we went over a lot of things you have to do. Yes.
No questions from me either. Okay. There being no further business, I hereby declare this meeting adjourned. Thank you both shareholders for joining us. Thank you to our directors.
We are adjourned. Thank you. Thank you.