Welcome to Micron Technology's Fiscal 2024 Annual Meeting of Shareholders. I'll now hand it over to Bob Switz.
Thank you. Good morning. I'm Bob Switz, Chairman of the Board of Micron, and I would like to welcome you to our Fiscal 2024 Annual Meeting. Thank you for joining us today. We're excited to be hosting our meeting virtually, which allows us to be more inclusive and reach a greater number of our shareholders. Prior to calling the meeting to order, I would like to introduce the other directors present at the meeting today: Richard M. Beyer, Lynn A. Dugle, Steven J. Gomo, Linnie M. Haynesworth, Mary Pat McCarthy, Sanjay Mehrotra, Robert Swan, and MaryAnn Wright. Rishi Jobanputra from our independent public accounting firm, PricewaterhouseCoopers, is on the line as well. The company has appointed Tony Carideo of Broadridge Financial Services to act as Inspector of Election. Tony is with us today and has taken the oath of Inspector of Election.
The proxy materials for this meeting included a letter to the shareholders from Sanjay Mehrotra, Micron's President and CEO. The letter recaps our achievements in Fiscal 2024 and outlines our major strategic objectives for Fiscal 2024. As a result, we will not be providing a business update. Relevant questions related to voting procedures or meeting agenda items to be voted on that are submitted prior to or during the meeting will be addressed during the meeting as appropriate. All other relevant questions will be addressed by our Investor Relations team after the meeting and posted on the Investor Relations section of our website at micron.com. It is now 9:03 A.M. Pacific Standard Time on January 16th, and this meeting is officially called to order.
Moving to the formal business of the meeting, our Board of Directors fixed November 18th, 2024, as the record date for determining shareholders entitled to vote at this meeting. I have received an affidavit stating that commencing on November 26th, 2024, a notice of internet availability of proxy materials, as applicable, were mailed to all shareholders of record as of the record date. The Inspector of Election, Anthony Carideo from Broadridge, has signed the oath of Inspector of Election. The Inspector of Election has reported to me that we have present in person or by proxy, not less than a majority of the voting power of shares issued and outstanding on the record date and entitled to vote at this meeting, which consists of a quorum. I therefore declare this meeting duly convened. It is now 9:04 A.M. Pacific Standard Time on January 16th, and the polls are now open.
If any shareholder has any questions regarding any of the items, please submit your questions through the web portal. Moving to voting, the proxy statement describes the items to be voted on today. The first item of business is the election of directors. Richard M. Beyer, Lynn A. Dugle, Steven J. Gomo, Linnie M. Haynesworth, Mary Pat McCarthy, Sanjay Mehrotra, Robert Swan, and MaryAnn Wright have been nominated to serve until the next annual meeting or until their successors are duly elected and qualified. Each of the eight director nominees is currently serving on our Board, and our Board of Directors recommends a vote for each of these nominees. The second item of business is to approve on a non-binding basis the compensation of our named executive officers. Our Board of Directors recommends a vote for this proposal. The third item of business is to approve the 2025 Equity Incentive Plan.
Our Board of Directors recommends a vote for this proposal. The fourth item of business is the ratification of the appointment of PricewaterhouseCoopers as the independent registered public accounting firm of the company for the fiscal year ending August 28th, 2025. Our Board of Directors recommends a vote for this proposal. We will leave the polls open for another minute or so to complete your voting. Any shareholder who hasn't yet voted or wishes to change their vote may do so by clicking on the voting button on the web portal and following the instructions there. Shareholders who have sent in proxies or voted via telephone or internet and do not want to change their vote do not need to take any further action.
Now that everyone has had the opportunity to vote, it is now 9:06 A.M. Pacific Standard Time, and I now declare the polls for the Fiscal 2024 Annual Shareholder Meeting closed. We have been informed by the Inspector of Election that the preliminary vote report shows that each of the nominees for election to the Board has been duly elected. The compensation of the Named Executive Officers has been approved, the 2025 Equity Incentive Plan has been approved, and the appointment of PricewaterhouseCoopers as the independent registered public accounting firm of the company for Fiscal 2025 has been ratified. We will be reporting the final vote results in a Form 8-K to be filed within four business days. There being no other formal business to be presented, I now declare the meeting adjourned. Thank you very much for attending Micron's Fiscal 2024 Annual Meeting of Shareholders.
The meeting has now concluded. Thank you for joining. You may now disconnect.