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. Registered shareholders 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, Deputy General Counsel and Company Secretary. The floor is yours.
Good morning. It's a pleasure to welcome you to the annual meeting of stockholders of Newmont Corporation. I will pause for a moment to confirm with our meeting administrators that you are 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. Before we go further, I'd like to call your attention to the rules of conduct and agenda for this meeting, which are available in the Documents section of the web portal. If you are joining as a registered holder and you wish to vote during the meeting or submit a question during the meeting, you'll need to sign in using the 15-digit control number on your proxy card or notice of availability of proxy materials you previously received.
Before we begin the business portion of the meeting, I would like to recognize that all of our nominees for directors have joined us for the annual meeting today, as well as members of Newmont's executive leadership team. Also attending today are representatives of Ernst & Young LLP, the company's independent auditor. 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 the time of the specific item of business. Following the close of voting and adjournment of the formal business of the annual meeting, our President and Chief Executive Officer, Tom Palmer, will be available to respond to appropriate questions from stockholders regarding the company. With that, I am pleased to turn the meeting over to Greg Boyce, Independent Chair of the Board of Newmont Corporation.
Good morning. I'd also like to welcome you to the 2024 annual meeting of stockholders of Newmont Corporation. On behalf of the board, I'd like to thank you for your continued support of Newmont and for attending the annual meeting. I'll now ask our system administrator to open the voting and questions function on the portal at this time and call the meeting to order. So let's proceed. First, in accordance with our bylaws, I'd like to announce that I'll be serving as the chair of this meeting, and Logan Hennessey will be serving as secretary of this meeting. All stockholders of record as of the close of business on February 27th, 2024, are entitled to vote at this meeting, and each stockholder is entitled to one vote for each share held in their name.
A list of the stockholders entitled to vote at this meeting has been available for inspection. Computershare has provided an affidavit of mailing, indicating that notice of this meeting has been given in accordance with the company's bylaws. Next, I'd like to announce that Deborah Bass, a representative of Computershare, has been appointed to serve as our Inspector of Election for this meeting. The Inspector of Election has filed the oath of office as Inspector of Election with the Secretary of the meeting for inclusion in the meeting minutes. Ms. Hennessey, will you please present your report of attendance?
Thank you. I've been informed by the Inspector of Elections that there are 889,903,840 shares of stock represented by proxy, or approximately 77% of all shares entitled to vote at this meeting. The shares represented exceed 50% of the total shares entitled to vote at the meeting.
Thank you. Therefore, we have a quorum, and I now declare that the 2024 annual meeting of stockholders of Newmont Corporation is officially convened and ready to transact such business as may properly come before the meeting. The notice of annual meeting listed three specific matters to be considered at this meeting. The first matter to be voted on is 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. There being no further nominations, the nominations are closed, and the board of directors recommends a vote for all of the nominees. Are there any comments or discussion 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 questions online now. No questions have been presented on this proposal. You may move to the next item of business.
Thank you. Let's continue with the next matter to be voted on. The board of directors recommends a vote for the approval in an advisory manner of our executive compensation described in the proxy statement under Proposal Two. This 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. Are there any comments or discussion on this matter?
We're checking the questions online now. No questions have been presented on this proposal. You may now move to the next item of business.
The board of directors has approved the proposal to ratify the Audit Committee's appointment of Ernst & Young LLP as the company's independent registered public accounting firm for the fiscal year ending December 31, 2024, and recommends that the stockholders vote for approval of this proposal. Information concerning this proposal was furnished in the proxy statement under Proposal Three. Are there any comments or discussion on this proposal?
Thank you. No questions have been presented on this proposal, which concludes the formal opportunity for questions on the proposals.
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 links provided online. If you previously voted by proxy, you do not need to vote today unless you wish to change your vote. Ms. Hennessey, can you confirm that participants have had an opportunity to vote and that we may proceed?
Thank you, Chair. Yes, I can confirm.
The polls have therefore closed, and the Inspector of Election has completed tabulating the votes. Ms. Hennessey, will you now present the preliminary results of voting?
Thank you. The Inspector of Election has tallied the ballots and proxies cast for the proposals presented at this meeting and submitted the preliminary report. There were 1,152,786,963 shares of common stock eligible to be voted at this meeting, and there are 889,903,840 shares of common stock represented. With respect to Proposal One, Election of Directors, each nominee has received the vote of more than a substantial majority of the shares represented by proxy or at this meeting. With respect to Proposal Two, the advisory approval of our executive compensation or Say on Pay, has also been approved by the majority of the votes cast.
With respect to Proposal Three, ratification of the appointment of Ernst & Young LLP as the company's independent registered public accounting firm for 2024, the majority of the shares present at the meeting or by proxy, have voted in favor. The detailed voting results will be recorded in the corporate record and also reported with the SEC on Form 8-K.
Thank you, Ms. Hennessey. As you've heard, each of the 12 nominees has received a majority vote. I therefore declare that the nominees are duly elected as directors of the company. Proposal Two, approval of the advisory resolution of our executive compensation, has also received a majority vote. Therefore, I declare the company's stockholders have approved the Say on Pay resolution. Proposal Three, the proposal to ratify the appointment of Ernst & Young LLP as the company's independent registered public accounting firm, received the vote also of a majority. Therefore, I declare the company's stockholders have approved Proposal Three. We have now addressed all of the items on today's agenda. The meeting is now adjourned, and this annual meeting is therefore concluded. Ladies and gentlemen, thank you for attending today's meeting.
I would now like to introduce Tom Palmer, our President and Chief Executive Officer, who is available to respond to appropriate questions or comments that may 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 being no questions for Mr. Palmer, we will close the call and encourage our investors to attend our earnings webcast, scheduled for tomorrow, April 25, to hear from Mr. Palmer and members of the executive leadership team. Thank you for your time and attention.
Thank you. This concludes the meeting. You may now disconnect.