Good day, and welcome to the ServiceNow, Inc. Annual Meeting of Stockholders. I would now like to turn the conference over to John Donahoe, President and Chief Executive Officer. Please go ahead.
Good morning, ladies and gentlemen. I'm John Donahoe, President and CEO of ServiceNow, and a member of our board of directors and chairperson of this annual meeting. It's my pleasure to welcome you to our annual meeting of stockholders. I now call this meeting to order. I'd like to start by introducing the other members of our board of directors who are with us here this morning. Fred Luddy, our Chairman, Susan Bostrom, Jonathan Chadwick, Paul Chamberlain, Ron Codd, Jeffrey Miller, our Lead Independent Director, Anita Sands, and Dennis Woodside. I'd also like to introduce the corporate officers who are with us here this morning. Michael Scarpelli, our Chief Financial Officer, and Russell Elmer, our General Counsel, who will also serve as secretary for this meeting.
Finally, I'd like to introduce Dawn Belt of Fenwick & West, our outside legal counsel, and Kevin Healy of PricewaterhouseCoopers, our independent registered public accountants. Last but not least, I'd like to announce Kathleen Weeden of Clear Lane Consulting, who will be serving as the Inspector of Elections for this meeting. Kathy has executed the oath of Inspector of Elections. We'll now conduct the formal business matters of this meeting. Prior to opening the ballots, I will ask our Inspector of Elections to review the requirements for the meeting. Kathy, please proceed.
Thank you, John. I will now review the formal requirements for this meeting. As a reminder, today's annual meeting is being conducted live via webcast, and all participants are attending virtually. By moving to a virtual-only platform for its annual meetings, ServiceNow hopes to encourage greater attendance amongst stockholders, while expanding the ability for stockholders to communicate with management and its board of directors. Today's meeting allows stockholders to attend and ask questions of management and the company's board of directors regardless of their location. As a reminder, this meeting is being conducted in accordance with the company's bylaws and meeting rules of conduct. The agenda and rules of conduct are also posted on the virtual meeting website. In order to allow for an orderly meeting and permit sufficient time for any questions, we ask that you follow these rules.
If you haven't done so already and you would like to submit a question to management or the board of directors at this meeting, please do so via the Ask a Question tool on the virtual annual meeting platform. All questions will be subject to the rules of conduct of this meeting. We have allocated time at the end of the meeting to answer certain questions. April 20th, 2018, was fixed by the board of directors as the record date for this meeting. Only holders of the company's common stock as of the close of business on the record date received notice of and are entitled to vote at this meeting.
I present an affidavit of Broadridge attesting that a notice of meeting, together with a proxy statement and proxy, were mailed on or about April 26, 2018, to each holder of the company's common stock as of the close of business on the record date. The affidavit of mailing of the notice will be attached to the minutes of this meeting. A certified list of the registered holders of the issued and outstanding shares of common stock of the company as of the close of business on the record date is available for inspection. This list will be available for inspection during this meeting by any stockholder. The list will be filed with the records of the company.
Broadridge has examined the proxies received and reports that 165,486,426 shares, or 93.66% of the total shares of common stock of ServiceNow entitled to vote, are represented by proxies at this virtual meeting. A majority of the votes entitled to be cast are represented at this meeting, either virtually present or by proxy. A quorum is therefore present, and the meeting may now proceed. I will now review the proposals and voting procedures. We have four proposals on which the stockholders will be voting. Proposal number one is the election of four Class III directors to serve a three-year term, which will expire at the 2021 annual meeting of stockholders. Proposal number two is to hold an advisory vote on the resolution to approve the compensation of the company's named executive officers.
Proposal number three is the ratification of the appointment of PricewaterhouseCoopers, LLP as the company's independent registered public accounting firm. Proposal number four is to amend the company's 2012 Equity Incentive Plan to include a limit on non-employee director compensation. At this time, I'd like to turn the meeting to John to walk through the four proposals.
Thanks, Kathy. Proposal number 1 is the nomination and election of 4 Class III directors. The Board of Directors has nominated each of Susan Bostrom, Jonathan Chadwick, Frederic Luddy, and Jeffrey Miller to be elected as directors for the next 3 years and until his or her successor is duly elected and qualified, or until his or her earlier resignation or removal. Our bylaws require that a stockholder provide advance notice of such stockholder's intent to nominate persons as directors. No such notice was received. Accordingly, I declare the nominations for directors closed. Proposal number 2 is an advisory vote on the resolution to approve the 2017 compensation of our named executive officers as disclosed in our proxy statements. Proposal number 3 is to ratify the appointment of PricewaterhouseCoopers LLP as our independent registered public accounting firm for the fiscal year ending December 31st, 2018.
Proposal number 4 is to amend our 2012 Equity Incentive Plan to include a limit on non-employee director compensation. Because no further business is scheduled to come before the stockholders, it is now approximately 11:38 A.M. on June 19th, 2018, and the polls are now open. If you previously voted via the internet, telephone, or mail, you don't need to take any further action. If you didn't previously vote or wish to change your vote, you may do so now by following the instructions on the virtual annual meeting platform. Until the polls close, any stockholder may revoke or change his or her vote on any matter online. However, once the polls close, no further ballots, proxies, or votes or any revocations or changes will be accepted online. I'll now pause for a couple of minutes to allow voting.
It is now approximately 11:40 A.M. Pacific Time on June 19th, 2018, and I declare the polls to be closed. Kathy will now announce the preliminary results. The final results will be tallied by the Inspector of Elections and filed with the SEC in a current report on form 8-K within 4 business days. Kathy, please proceed as soon as you are ready.
For proposal number 1, the election of Class III directors, a director nominee will be elected if the number of votes cast for the nominee exceeds the number of votes cast against. The votes have been counted, and the 4 individuals nominated have each received more for votes than against and have been elected. The vote required to approve proposal number 2, an advisory vote on the resolution to approve executive compensation, is the affirmative vote of a majority of the outstanding shares of common stock virtually present or represented by proxy and entitled to vote at this meeting that are voted for or against the proposal. The votes have been counted, and the stockholders have voted to approve the compensation of the company's named executive officers.
The vote required to approve proposal number three, to ratify the appointment of PricewaterhouseCoopers LLP as ServiceNow's independent registered public accounting firm for the fiscal year ending December 31st, 2018, is the affirmative vote of a majority of the outstanding shares of common stock virtually present or represented by proxy and entitled to vote at this meeting that have voted for or against the proposal. The votes have been counted, and PricewaterhouseCoopers LLP has been ratified as ServiceNow's independent registered public accounting firm for the fiscal year ending December 31st, 2018. The vote required to approve proposal number four, to amend the 2012 Equity Incentive Plan to include a limit on non-employee director compensation, is the affirmative vote of a majority of the outstanding shares of common stock virtually present or represented by proxy, and entitled to vote at this meeting that are voted for or against the proposal.
The votes have been counted, the amendment to the 2012 Equity Incentive Plan has been approved.
Thank you, Kathy. We are now going to move to the Q&A portion of the meeting. However, we have not received any questions online, and so I'd simply encourage all shareholders to feel free to tune in to our quarterly earnings calls, where Mike and I answer multiple questions each quarter, and to feel free to submit any questions you have to our investor relations department, and we will certainly get back to you with answers and responses. With that, this concludes our meeting. There being no other business to conduct, I hereby declare the meeting adjourned. Thank you very much for attending our 2018 annual meeting of stockholders.
The conference has now concluded. Thank you for attending today's presentation. You may now disconnect.