Good day, ladies and gentlemen, and thank you for standing by. Welcome to Ovintiv's 2024 Annual Meeting of Shareholders. Online voting is now open. Currently, all participants are in a listen-only mode. Please be advised that this meeting may not be recorded or rebroadcast without the express consent of Ovintiv. I will now turn the shareholder meeting over to Ovintiv's Chairman, Peter Dea. Mr. Dea, please go ahead.
Thank you, operator. Good morning, everyone. My name is Peter Dea, and I am Chair of the Board of Directors of Ovintiv Inc. I would like to welcome you to our virtual annual meeting of shareholders. Meghan Eilers, our corporate secretary, will lead us through the meeting details. Meghan?
Thank you, Peter. Also joining us on the webcast today is Brendan McCracken, Ovintiv's President, CEO, and member of the Board. Other members of our Board listening in and being nominated for election are Sippy Chhina, Meg Gentle, Ralph Izzo, Howard Mayson, Steven Nance, Suzanne Nimocks, George Pita, Thomas Ricks, and Brian Shaw. We will first conduct the business portion of the meeting, allowing our shareholders to vote on the matters described in our annual proxy statement, dated March 21, 2024. The board of directors of the company has appointed Christine Amren to act as the independent inspector of election, and she has taken the oath to serve in this role. We are also joined by representatives of PricewaterhouseCoopers, our independent auditors.
Thank you, Meghan. It is now shortly after 8:00 A.M., Mountain Time, and this meeting is officially called to order. Following the business portion of the meeting, we will use the web portal to conduct a question-and-answer session. Meghan will now take us through the business of the meeting.
Thank you, Peter. I confirm that we have the affidavit of Broadridge Financial Solutions, Inc., showing that notice of this meeting, together with related documents, were made available online or mailed to all shareholders as of March 5, 2024, the record date for this annual meeting. This affidavit will be kept with the minutes of the meeting. The shareholders' lists show that as of the close of business on the record date, there were 268,953,641 shares of common stock entitled to vote at this meeting. The shareholder list has been open for examination at the company for any purpose relevant to this meeting during ordinary business hours for the past 10 days.
We are informed by the Inspector of Election that the shares represented in person or by proxy at this meeting exceeds 50% of the total shares entitled to vote at the meeting and thus constitutes a quorum. We will now proceed to vote on the resolutions, which I will formally propose to the meeting. The full text of each resolution is set out in the notice of the meeting. The first proposal is the election of directors. Shareholders have been given the ability to vote for each individual nominee. Each such director, if elected, shall hold office until the earlier of the company's annual meeting of shareholders in 2025, their successor is duly elected and qualified, or until their death, resignation, or removal.
On behalf of the board of directors, I can confirm that the following persons have been nominated for election as directors: Peter Dea, Sippy Chhina, Meg Gentle, Ralph Izzo, Howard Mayson, Brendan McCracken, Steven Nance, Suzanne Nimocks, George Pita, Thomas Ricks, and Brian Shaw. Information concerning their principal occupations, service as members of Ovintiv, skills and qualifications, and other matters which may be of interest, are contained in the proxy statement. The second proposal is to approve the compensation of Ovintiv's named executive officers through a non-binding advisory vote, commonly referred to as a Say-on-Pay resolution. The third proposal is the ratification of PricewaterhouseCoopers as auditors for the current fiscal year, ending December 31, 2024.
We remind shareholders that anyone who has not 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. If you have sent in your proxy or previously voted, nothing further needs to be done. We will now pause for a moment to finalize voting. Peter, shareholders have now had the opportunity to vote.
Thank you, Meghan. As everyone has had the opportunity to vote, I now declare the polls closed. Meghan, please read the preliminary voting results for the meeting.
We have been informed by the Inspector of Election that preliminary vote report shows that each of the directors nominated for election have been elected, the Say-on-pay vote has been approved by a majority vote, and the auditors have been approved by a majority vote. We will publicly report the final voting results after the meeting.
This now concludes the formal business of the meeting. Since there is no further business to be brought forward, I declare this meeting to be adjourned. I will now turn the meeting over to our CEO, Brendan McCracken.
Thank you, Peter. We will now take questions from our shareholders through the web portal. We will try to answer as many questions as time allows, but only questions relevant to the meeting will be addressed. Peter, there are no questions on the web portal. I'd like to remind our shareholders that our investor relations team is always available to take your calls. Back to you, Peter.
Thank you, everyone. That concludes our question-and-answer period. On behalf of the board, thank you for participating in today's meeting and for your investment in our company.
This concludes today's meeting. Thank you again for joining us.