Good day and welcome to LiveRamp's 2019 Annual Stockholders Meeting. I would now like to turn the conference over to Clark Kokich, Board Chair of LiveRamp. Please go ahead.
Good morning and welcome to LiveRamp's 2019 Annual Stockholders Meeting. I'm Clark Kokich, Board Chair of LiveRamp, and I'll be presiding over the meeting today. I'll call the meeting to order now and ask Catherine Hughes, our Corporate Secretary, to record the minutes. In addition to myself and other board members, we have two representatives of our auditors, KPMG, to answer questions if there are any. I have Catherine's affidavit that written notice that this meeting was given beginning June 28, 2019, to all stockholders of record as of June 17. Our Inspector of Elections is Kathy Blackwell, a representative of Broadridge. Welcome, Kathy, and thank you for being here. The polls are still open. If anyone needs to vote, Kathy has extra ballots. If you're voting online, you'll need to have your proxy control number handy.
If you've already voted, you don't need to vote again today unless you want to change your vote. To allow everybody who needs to vote a few extra minutes to cast their votes, I'll ask that Kathy report on the quorum.
Mr. Chairman, there are present virtually or by proxy holders of at least 62,468,264 shares, or 90.47% of the shares outstanding on the record date.
Thank you, Kathy. It looks like we have a quorum. Okay, the polls for voting in this stockholders meeting are now closed, and we'll proceed with announcing the voting results of each of the agenda items listed in the proxy statement. The first item on the ballot is the election of two directors. The nominees are current board members Richard P. Fox and myself. Kathy, please report on the vote.
Each of the nominees for director has received the affirmative vote of over 98% of votes cast at the meeting.
Thank you. The slate is approved. The second item on the ballot is a non-binding resolution to approve the compensation of the company's executive officers named in the proxy statement. Kathy, what's the vote tally?.
The resolution to approve the compensation of the company's named executive officers received the affirmative vote of over 87% of votes cast on the proposal.
Thank you. The non-binding proposal is approved. The last item on the ballot is the ratification of KPMG as the company's independent registered public accountant for fiscal year 2020. Kathy, what are the results?.
The ratification of KPMG as the company's independent registered public accountant received the affirmative vote of over 99% of votes cast on the proposal.
Thank you very much. The proposal passes. That concludes all of the official business of 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 attending online, if you'd like to submit a question, please go ahead and send it in now. Okay, it doesn't appear to be any questions. All right, this concludes the meeting. Thank you for investing in LiveRamp and for your attendance. Have a great day, everyone.