Good morning, ladies and gentlemen. It is now 11:00 A.M. ET, and time to call the meeting to order. The polls are now open for voting on the virtual meeting platform. I am Daniel Dines, UiPath's founder, chief executive officer, and chairman of the board of directors. As chairman of the board of directors, let me welcome you to the 2025 UiPath annual meeting of stockholders, which is being held virtually. With me today is Brad Brubaker, the company's chief legal officer and corporate secretary. Mr. Brubaker will also serve as secretary of today's meeting. Brad, over to you.
Thank you, Daniel. Good morning, everyone, and welcome to our 2025 annual meeting of stockholders. Today's meeting agenda and rules of the meeting are on the voting landing page. The rules set forth the procedures that we will follow. It is our intention to first complete the formal business of the meeting with the presentation of proposals. Following the presentation of the proposals, there will be an opportunity for discussion of those items. First, it's a pleasure to introduce the members of our board of directors who are in attendance today: Daniel Dines, Philippe Botteri, Michael Gordon, Sivaramak rishnan Somasagar, Daniel Springer, Karena nn Terrell, Richard Wong, and June Yang. Also today with us is Laela Sturdy, whose term as director ended immediately prior to this meeting. We thank you, Laela, for your service to UiPath and your invaluable contributions to the board.
I would also like to take this opportunity to introduce some of the other executives in attendance with me: Ashim Gupta, Chief Financial Officer and Chief Operating Officer; Hitesh Ramani, Deputy Chief Financial Officer and Chief Accounting Officer. Also with me are Stephanie Marcozzi from the legal team and Jake LaBella from our IR team. I would also like to introduce Padraic Kelly and Kelly Bonell of the firm of KPMG, which serves as the company's independent registered public accounting firm. Mr. Kelly or Ms. Bonell will be available to respond to appropriate questions during the Q&A session. A representative from Cooley, our legal counsel, is also in attendance. Thank you all for being here. Now to some housekeeping. Today's meeting will be recorded and available on our investor relations website at www.uipath.com. Again, the rules of the meeting can be found on the virtual meeting page.
As Daniel noted, the polls opened at the beginning of the meeting, and we'll close the polls on all matters immediately after we present today's proposals and take any questions on them. Most of you have already voted, and your shares will be voted accordingly. You do not need to vote again at this time unless you wish to change your vote. If anyone would like to vote now or change his or her vote, please follow the instructions on the meeting website before the polls close. If you are a stockholder who has logged in with your control number and wish to ask a question during the meeting, please feel free to type the questions in now. They will be addressed following the presentation of the proposals.
Stockholders who have logged in with their control number may submit questions at any time during this meeting through the question box on the screen. We will now proceed with the formal business of our meeting. Ashim Gupta and Hitesh Ramani have been appointed as proxies on behalf of the board of directors for this meeting. I present to the meeting the affidavit of mailing, which states that the notice of this meeting and availability of proxy materials were mailed beginning May 13, 2025, to all stockholders of record as of the close of business on April 29, 2025. We have a preliminary report from Tracy Oates, who has been appointed and previously sworn in as inspector of elections for this meeting.
The inspector reports that at the commencement of this meeting, 361,745,350 shares of the company's Class A and Class B common stock were represented in person or by proxy. This constitutes a majority of the voting power of the outstanding shares of stock entitled to vote at this meeting. Therefore, a quorum is present for the conduct of business, and the meeting is duly constituted. Ladies and gentlemen, we have three proposals to be voted upon at this meeting. There will be time for discussion of the proposals after they have been presented. Again, if you have questions regarding the proposals, please type your questions in the text box. The first item of business for consideration by the stockholders is the election of eight directors.
Each of Daniel Dines, Philippe Botteri, Michael Gordon, Sivaramak rishnan Somasagar, Daniel Springer, Karena nn Terrell, Richard Wong, and June Yang have been nominated by the board of directors to serve as a member of the board of directors for a term of one year. No other persons having been nominated in accordance with the company's bylaws, the nominations are now closed. The second item of business to approve on a non-binding advisory basis is the compensation paid to our named executive officers. Typically, this is referred to as the say-on-pay. The third item of business to ratify is the appointment of KPMG LLP as the company's independent registered public accounting firm for the fiscal year ending January 31, 2026. No other matters were submitted for consideration in accordance with the company's bylaws. Ladies and gentlemen, this concludes the introduction of the proposals to be presented at this meeting.
If you would like to ask a question or make a statement, please type your question or statement into the comment box now. Are there any questions or comments at this time? It does not appear that we have any at this time. There being no further discussion, we will now pause to allow for any final votes on the proposals. This is the last call for votes. If you wish to vote, please do so now by following the instructions on the virtual meeting website. Since all stockholders have had adequate time to vote, it is now 11:08 A.M. Eastern Time, and the polls are now closed for voting.
The preliminary results from the inspector of elections indicate that: one, each nominee for election to our board of directors has been duly elected. Two, the compensation paid to our named executive officers has been approved on a non-binding advisory basis. Three, the selection of the audit committee of our board of directors of KPMG LLP as our independent registered public accounting firm for the fiscal year ending January 31, 2026, has been ratified. Following the meeting, we will publicly announce the official voting results on a Form 8-K once all the verifications have been completed by the inspector of elections. This concludes our meeting, and the annual meeting is now adjourned. Thank you all for attending and voting at our 2025.