Hello, and welcome to the Annual Meeting of Stockholders of Newmont Corporation. Please note that today's meeting is being recorded. During the meeting, we'll have a question -and-answer session. You can submit questions or comments at any time by clicking on the Q&A icon. It is now my pleasure to turn today's meeting over to Logan Hennessey, corporate secretary of Newmont. Ms. Hennessey, the floor is yours.
Thank you and good morning. Welcome to Newmont's 2022 annual meeting of stockholders. I'll pause for a moment to confirm with our meeting administrator that you're able to hear us online. Investors are reminded that today's meeting is a virtual-only meeting and will be conducted as a live audio webcast. I call your attention to the rules of conduct and agenda for this meeting. Those are available in the Documents section of the web portal. Should you wish to vote during the meeting or submit a question during the meeting, you will need to sign in using the 15-digit control number on your proxy card or notice of availability of proxy materials you've previously received.
Before we begin the business portion of the meeting, I would like to recognize that all of our director nominees have joined us for the annual meeting today, as well as Newmont's executive leadership team and representatives of Ernst & Young, our independent auditors. During the meeting, any questions should pertain to the proposals being considered at that particular time and may be submitted in the field provided in the web portal at or before that specific item of business. Following the close of voting and adjournment of formal business of the annual meeting, our CEO, Tom Palmer, will be available to address other questions from stockholders regarding the company. With that, I'm pleased to turn the meeting over to our independent chair of the Board of Directors, Greg Boyce.
Good morning, everyone. I'd also like to welcome you to the 2022 annual meeting of the company stockholders. On behalf of the board, I'd like to thank you for your continued support of Newmont and for attending the meeting. I'll now ask our system administrator to open the voting and questions function on the portal at this time, and we'll call the formal meeting to order. In accordance with our bylaws, I will act as chair of this meeting. Logan Hennessey will act as secretary of the meeting. She has delivered affidavits of mailing, establishing that notice of this meeting was duly given, a copy of which will be filed with the records of this meeting. All stockholders of record at the close of business on February 22, 2022, are entitled to vote.
Next, I appoint Deborah Bass to act as inspector of election, who is not a candidate for the office of director. I request that she file her oath of office with the secretary for inclusion in the minutes of this meeting.
She has done so.
Ms. Hennessey, will you please present your report of attendance?
Thank you. I have been informed by the inspector of election that there are 642,692,685 shares of stock represented by proxy, or approximately 81% of all shares entitled to vote at this meeting. The shares represented exceed 50% of total shares entitled to vote and thus constitute a quorum.
Thank you. On the basis of the report of the secretary and the inspector of election, I find that proper notice has been given and that a quorum is present. Accordingly, this meeting has been properly convened. The first order of business is proposal number one, the election of directors. Information concerning the nominees has been provided in the proxy statement. No other nominations were received prior to the deadline established in Newmont's bylaws. Therefore, no nominations may be made at this meeting. I declare the nominations to be closed. The board of directors recommends a vote for all of the nominees. Are there any comments or discussions on this proposal? I'll pause for a moment to confirm with Ms. Hennessey whether any pertinent questions or comments have been submitted.
Thank you. We're checking the questions online now. There are no questions on proposal number one.
The next item of business is proposal number two, say- on- pay. The advisory vote serves as a tool to guide the board and the Leadership Development and Compensation Committee in continuing to improve the alignment of executive compensation programs with the interests of the company and its stockholders. The board of directors recommends a vote for the advisory resolution. Are there any comments or questions on this matter?
Thank you. We've checked the portal. There are no comments or questions on this proposal.
The next item of business is proposal number three, the ratification of the Audit Committee's appointment of Ernst & Young LLP as the corporation's independent registered public accounting firm for the fiscal year ending December 31st, 2022 . The Board of Directors recommends a vote for this proposal. Are there any comments or discussions on this proposal?
Thank you. There are also no questions or comments on this proposal.
Thank you, Ms. Hennessey . This concludes the discussion on the matters before the meeting. The polls for online voting on all matters are open. If you've not voted or wish to change your vote, you may do so now by clicking on the link provided online. If you previously voted by proxy, you do not need to vote today unless you wish to change your vote. Ms. Hennessey , could you confirm that participants have had an opportunity to vote and that we may proceed?
Yes, Mr. Boyce, I confirm.
I hereby declare the polls for online voting on the matters before this meeting closed. The inspector of election will now tally the ballots and proxies and provide the preliminary report to the secretary. Ms. Hennessey, will you now present those preliminary results?
Yes, Mr. Chair. The inspector of election has tallied the ballots and proxies cast for the proposals presented at this meeting and has submitted the preliminary report. Based on the preliminary review of the votes cast, the inspector has informed me regarding proposal one, election of directors. Each of the director nominees has been duly elected as a director of the company by a majority of the votes cast for each single nominee. Regarding proposal number two, the say -on-pay advisory resolution, it has also been approved by the affirmative vote of the holders of a majority of the votes cast. Regarding proposal three, ratification of auditors, a majority of the shares present at the meeting or by proxy voted in favor of the ratification of the appointment of Ernst & Young LLP as the company's independent registered public accounting firm for 2022. Accordingly, proposal three is also approved.
The detailed voting results will be recorded in the corporate records and also reported to the SEC and our stockholders on Form 8-K.
I direct that the final report of the inspector of election be filed with the records of this meeting. That concludes the business meeting, and the meeting is now adjourned. Ladies and gentlemen, thank you for attending today's meeting. I'd now like to introduce Tom Palmer, our president and chief executive officer, to take any questions or comments that might be submitted via the portal.
Thank you, Greg. Ms. Hennessey, can you please advise if any questions have been submitted?
Thank you. Seeing no questions for Mr. Palmer, we'll pause briefly to check the portal again. There are no questions for Mr. Palmer, and we will close the call and encourage our investors to attend our earnings webcast, which is scheduled for April 22, to hear further from Mr. Palmer and the members of the executive leadership team. Thank you for your time and attendance.
This concludes the meeting. You may now disconnect.