Welcome to the annual meeting for UiPath Inc. Our host for today's call is Daniel Dines, founder, CEO, and chairman. I will now turn the call over to your host. Mr. Dines, you may begin.
Good morning, ladies and gentlemen. It is now 11:00 A.M. Eastern Time 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 founder, Chief Executive Officer, and chairman of the board of directors. As chairman of the board of directors, let me welcome you to the 2026 UiPath Inc. 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 2026 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 proposals, there will be an opportunity for discussion of those items. First, it's a pleasure for me to welcome the members of our board of directors who are in attendance today. I would also like to take the opportunity to introduce some of the executives in attendance today. Ashim Gupta, chief financial officer and chief operating officer, and Hitesh Ramani, deputy chief financial officer and chief accounting officer.
I would also like to introduce Padraic Kelly and Kelly Blennau of the firm of KPMG LLP, which serves as the company's independent registered public accounting firm. Mr. Kelly or Ms. Blennau will be available to respond to appropriate questions during the Q&A session. A representative from Cooley LLP, our legal counsel, is also in attendance. Thank you for all being here. Now for 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 are open at the beginning of the meeting. We will close the polls on all matters immediately after we present today's proposals and take 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 annual meeting, please feel free to type the questions in now. Appropriate questions will be addressed following the presentation of proposals. Stockholders who have logged in with their control number may submit questions at any time during the 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 12, 2026, to all stockholders of record as of the close of business on April 28, 2026. We have a preliminary report from Tracy Oats, 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, 351,449,437 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'll be time for discussion of the proposals after they have all been presented. Again, if you have questions regarding the proposals, please type your question in the text box. The first item of business for consideration by stockholders is the election of seven directors. Daniel Dines, Philippe Botteri, Michael Gordon, Dan Springer, Karenann Terrell, Rich Wong, and June Yang have been nominated by the board of directors to serve as a member of the board 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 is to approve on a non-binding advisory basis the compensation paid to our named executive officers, typically referred to as the say on pay vote.
The third item of business is to ratify the appointment of KPMG LLP as the company's independent registered public accounting firm for the fiscal year ending January 31, 2027. 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 questions or make a statement, please type your question or statement into the comment box now. Are there any questions? Okay. We have not received any questions 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 11:07 A.M. ET and the polls are now closed for voting. The preliminary results from the Inspector of Elections indicates that, one, each nominee for election to the board 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 by 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.
One moment, please. One moment while we reconnect. Please remain on the line. One moment, please. Speakers are now reconnected. Please proceed.
Thank you. Since all the stockholders have had adequate time to vote, we're now moving to provide the preliminary results. Number one, each nominee for election to our Board of Directors has been duly elected. Number two, the compensation paid to our named executive officers has been approved on a non-binding advisory basis. Number three, the selection by 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, 2027, has been ratified. Following the meeting, we will publicly announce the official voting results on 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 for attending, and we look forward to hosting you next year.
This concludes today's meeting. Thank you for joining. You may now disconnect and have a wonderful rest of your day.