Good morning and welcome to LiveRamp's 2025 Annual Shareholders Meeting. I'm Clark Kokich, Chairman of the Board, and I'll be presiding over the meeting. I'd like to welcome LiveRamp shareholders, directors, officers, and employees who are attending the meeting today. Representatives of our independent auditor, KPMG, are also on the call and will be available to address any questions you may have. If you have questions during the meeting, please submit them through the Q&A section of the virtual meeting website, and we will address as many of them as possible at the end of the meeting. I now call the meeting to order and ask Jerry Jones, our Corporate Secretary, to record the minutes. We will address the business of this meeting in accordance with the agenda set out in the proxy statement. The time is 11:30 A.M.
local time, and the voting polls are open for each of the proposals to be presented at the meeting. Please note we will close the polls momentarily, so if you've not voted, please take the opportunity now to submit your vote online. You'll need to have your proxy control number handy. Shareholders who have previously voted and do not wish to change their vote are not required to take further action. Our Inspector of Elections is Kathy Blackwell, a representative of Broadridge Shareholder Services. I'll ask Kathy to report on the quorum.
Mr. Chairman, there are present virtually or by proxy holders of at least 59,497,175 shares, 80.22% of the shares outstanding on the record date.
Thank you, Kathy. We have a quorum. The Corporate Secretary will now certify that all voting shareholders were notified of the meeting today.
Mr. Chairman, I certify that a written notice of this meeting containing instructions regarding how to access LiveRamp's 2025 Annual Report and Proxy Statement and how to vote is distributed beginning on June 27, 2025, to all shareholders entitled to vote.
Thank you, Jerry. We will now turn to the business of today's meeting. It is now 11:32 A.M., and all shareholders of record have had an opportunity to vote, and I declare the polls are closed. I request the Inspector of Elections tally any additional votes submitted during the meeting today to include in her final report on the voting results. Let's proceed with announcing the voting results for each of the agenda items listed in the proxy statement. First item on the ballot is the Election of Directors. Standing for reelection this year are Clark Kokich and Brian O'Kelley. Kathy, please report on the vote.
Each of the nominees for Director has received the affirmative vote of over 92% of votes cast at the meeting.
Thank you. The slate is approved. The next item on the agenda is a proposal to increase the number of shares available for issuance under the company's 2005 Equity Compensation Plan. Kathy, what is the vote?
This proposal received the affirmative vote of over 75% of votes cast.
Thank you. The proposal is approved. The next item on the agenda is a non-binding resolution to approve the compensation of the company's named executive officers. Kathy, please report on the results.
This proposal received the affirmative vote of over 97% of votes cast.
The proposal is approved. The last item on the ballot is the ratification of KPMG as the company's auditor for fiscal year 2026. Kathy, what are the results?
The ratification of KPMG received the affirmative vote of over 98% of votes cast on the proposal.
Thank you very much. The proposal is approved. We will file a Form 8-K within four business days that will include certified results from the Inspector of . I ask the Inspector of Elections to present to the Corporate Secretary following this meeting a certification of the number of shares represented at the meeting and the count of all votes and ballots, and that this certificate be filed with the minutes of this meeting. That concludes all of the official business for the annual meeting. Do I have a motion for adjournment?
So moved.
Is there a second?
Second.
We're now formally adjourned and have time for a few questions. For those of you who would like to submit a question, please go ahead and send it now if you haven't already. I'll ask our Head of Investor Relations, Drew Borst, to address any questions that have been sent in.
Mr. Chairman, no questions have been submitted.
All right. This concludes the meeting. Thank you for investing in LiveRamp and for your attendance.
That concludes our meeting today. You may now disconnect.
The host has ended this call. Goodbye.