Good morning, ladies and gentlemen. Thank you for being with us today. Welcome to Sabre Corporation's 2023 Annual Meeting of Stockholders. I'm Sean Menke, Sabre's Chairman of the Board and Chairman of today's meeting. With me is Steve Milton, Corporate Secretary and Secretary of today's meeting. Also attending today's meeting are the members of our board of directors in addition to myself. These directors are George Bravante, Hervé Couturier, Rachel Gonzalez, Gail Mandel, Phyllis Newhouse, Karl Peterson, Zane Rowe, Gregg Saretsky, John Scott, and Wendi Sturgis. Also attending is Kurt Ekert, Sabre's president and nominee for election as director. You should have found on your chair a copy of today's agenda and a few rules for the meeting. As you will see from the agenda, we will cover the legal requirements for the meeting, and then we will address the proposals included in the proxy statement.
After that, I will provide the business review. Finally, we will have a report on the results of the voting on the proxy statement proposal. The items properly submitted for consideration at this meeting are the proposals for the election of the 12 directors named in Sabre's proxy statement, ratification of the appointment of our independent auditors, approval of the 2023 Omnibus Incentive Compensation Plan, and approval of the advisory non-binding vote on the compensation of our named executive officers. Now, Steve, please give us your report as to the call of the meeting, the inspector's report, as to the presence of the quorum, and the rules of the meeting.
Thank you, Sean. We've provided the following materials to each stockholder of record as of the record date, February 28, 2023. Proper notice of this meeting and access to copies of the 2023 proxy statement and 2022 annual report. More than 87% of Sabre's common stock is represented at this meeting, either by attending this meeting or by proxy. As a result, this meeting is properly convened and a quorum is present. Affidavits confirming these matters, as well as a certified list of stockholders, are available for examination. The materials will also be filed with the records of this meeting. The following Inspector of Election has been appointed, Rex Morgan, Vice President of Strategic Accounts of Mediant. As Sean mentioned, the ground rules and the agenda for today's meeting are included with the agenda placed on your chairs.
In order to provide a fair and informative meeting, we have established these rules and procedures. We appreciate your cooperation. We'll introduce each of the four proposals set forth in the proxy statement and identified on the agenda. After the four proposals have been presented, we'll answer questions submitted. We'll vote on the four proposals at the same time. If you are a stockholder and you wish to speak on a matter on the agenda, please raise your hand once the floor has been opened for discussion and wait to be recognized. When you are recognized, a microphone will be brought to you. Please identify yourself, the number of shares you represent, and the proposal on which you wish to speak. As described in the rules, individuals recognized to speak on any matter will be limited to three minutes.
If you gave us your proxy or voted by telephone or internet, your shares will be voted by the proxy committee as you've directed. If you've not voted your shares yet, or if you wish to change your vote on any matter, please raise your hand and a ballot will be brought to you. We'll collect the ballots later during the meeting when the polls are declared open. Bring me the ballot. Finally, during today's meeting, we'll make forward-looking statements based on management's expectations of future events, and actual results may differ materially from the forward-looking statements. For more information about risks that could cause this to happen, please refer to the risk factors in the cautionary note regarding forward-looking statements sections in our 2022 Form 10-K, as well as our other filings with the SEC. Now I'll turn it over to Sean.
Thank you, Steve. We'll first consider and vote on the proposal in our proxy statement. I will then provide a few comments on our business. Finally, Steve will report on the results of today's vote. Each of the four proposals on the ballot today has been described in detail in our 2023 proxy statement. The first proposal in the proxy statement is the election of George Bravante, Jr., Hervé Couturier, Kurt Ekert, Rachel Gonzalez, Gail Mandel, Sean Menke, Phyllis Newhouse, Karl Peterson, Zane Rowe, Gregg Saretsky, John Scott, and Wendi Sturgis as directors. I'd like to thank each of them for their significant contributions to the board, including collectively attending 27 board and committee meetings in 2022, with an average attendance of 99%.
On behalf of the board and its Governance and Nomination committee, I declare that each of the 12 individuals named in our proxy statement has been properly nominated for a one-year term expiring at the 2024 annual meeting of stockholders. The next order of business is Proposal 2, ratification of the audit committee's selection of Ernst & Young as the company's independent registered public accounting firm to audit the company's 2023 financial statements. Representatives from Ernst & Young are with us today. The next order of business is Proposal 3, approval of our 2023 Omnibus Compensation Plan. The next order of business is Proposal 4, approval of the advisory non-binding vote on the compensation of our named executive officers. We will now open the floor for general discussion. If you wish to ask a question, please raise your hand and wait to be recognized.
Once recognized, please wait for a microphone, then state your name, the number of shares you own or represent, and the proposal on which you will comment. Please remember to limit your comments to three minutes each to ensure others have an opportunity to speak. Is there any discussion or on any of the proposals or any questions or comments? There being no questions, I declare that the polls are now open. Please raise your hand if you would like to cast a ballot from the floor, and someone will come and collect it from you. I now declare that the polls are closed. While the inspection of election complete the voter tabulation, I will comment briefly on our business performance for 2022. 2022 was a year of many accomplishments for Sabre. Our revenue recovered to $2.5 billion.
We returned to positive adjusted EBITDA. We generated positive free cash flow as we exited the year. We continued our significant progress on our strategic initiatives. Our technology transformation is delivering financially and operationally in line with our previously stated goals. With the end in sight, our cloud-based infrastructure is more scalable, distributed, and secure than the prior mainframe environment. Just as importantly, it allows us to build more advanced and agile products and capabilities to serve our customers for the years to come in the way they plan. We also strengthen our relationship with travel agency leaders such as American Express Global Travel, BCD Travel. We expect these partnerships will be meaningful volume drivers for Sabre going forward. We renewed and extended important agreements with many of our airline customers, including American, United and JetBlue. I want to thank my Sabre team members worldwide.
2022 was a year of progress and recovery. The global pandemic brought on by COVID-19 in 2020 had a significant impact on the travel industry and Sabre. Despite those headwinds, the Sabre team in 2022 made significant forward progress with our technology transformation, provided best-in-class service to our customers and won new business. I'll now turn it over to Steve to report on the voting results.
Thank you, Sean. First, let me say that these results I'm about to announce are preliminary, and we'll follow the final results with the SEC on a Form 8-K within four business days. The Inspector of Election has advised me that each of the 12 nominees for directors was elected for a one-year term, the selection of Ernst & Young as the company's independent registered public accounting firm was ratified, the 2023 Omnibus Compensation Plan was approved, and the advisory non-binding vote on the compensation of our named executive officers was approved. With that, I'll turn it over to Sean to adjourn the meeting.
Thank you, Steve. On behalf of your board of directors and the entire management team, I'd like to thank you for your attendance today and your continued support of Sabre. This meeting is now adjourned.