Good morning, and welcome to the 2021 Annual Meeting of Stockholders of Ubiquiti Inc. It is now 10:00 A.M. Eastern Time, and the meeting will come to order. My name is Hartley Nisenbaum. I'm the General Counsel of the company, and I will be presiding over this meeting. The rules for conduct of the annual meeting are available on the web portal at www.virtualshareholdermeeting.com/ui2021. Please take a moment to familiarize yourself with them if you have not done so already. To the extent that you wish to participate during the meeting, we ask that you comply with those rules. The annual meeting is being held virtually this morning in accordance with our bylaws and Delaware law. Our program will proceed as follows. First, we will conduct the official business of the annual meeting.
Please limit any questions you may have to those which relate to the formal business of the meeting. Two, once the meeting is formally adjourned, we will open the floor to a question and answer session. Three, only validated stockholders will be able to ask questions in the designated field on the web portal. Out of consideration for others, please limit yourself to one question. Although we won't be able to answer every single question, we will do our best to provide a response to as many as possible. Please note that this meeting is being recorded. However, no one attending via the webcast or telephone is permitted to use any recording device. We will now proceed to the business portion of this meeting.
We have proof by affidavit that notice of this meeting has been duly given and that the notice, proxy statement, proxy card, and annual report were mailed on or about October 26, 2021 to stockholders of record as of October 19, 2021. The board of directors has appointed a representative of Broadridge Financial Solutions, Inc. to act as Inspector of Elections. Andrew Wilcox, representing Broadridge as Inspector of Elections, will tabulate the results of the voting and has signed the customary oath of office, which will be filed with the minutes of the meeting. Mr. Wilcox has examined the votes so far received and has informed us that more than a majority of the shares of common stock entitled to vote at this meeting are represented in person or by proxy. Therefore, a quorum is present, and this meeting is duly constituted.
This meeting may now proceed with business. Voting will occur during the meeting via the web portal at www.virtualshareholdermeeting.com/ui2021. If you have turned in a proxy card and do not intend to change your vote, then it is not necessary that you vote because we will count your proxy card. Please address any questions about your proxy or voting instructions to the Inspector of Elections. It is now 10:03 A.M. on December 9th, 2021, and the polls for each matter to be voted on at this meeting are now open. Any stockholder who hasn't yet voted or wishes to change their vote may do so by clicking on the voting button on the web portal and following the instructions there. Stockholders who have sent in proxies or voted via telephone or internet and do not want to change their votes do not need to take any further action.
Polls will close following discussion of the proposals. The first matter to be voted upon is the election of two Class I directors to serve until the third annual meeting of our stockholders following their election or until their successors have been duly elected and qualified or until their earlier death, resignation, or removal. The Board of Directors has nominated Mr. Brandon Arrindell and Mr. Rafael Torres to serve as the Class I directors. If any stockholder would like to make a comment or ask a question regarding this proposal, please submit your comment or question through the web portal now. The next order of business is the ratification of the appointment of the company's independent registered public accounting firm. The Audit Committee of the Board of Directors has appointed KPMG LLP as the company's independent registered public accounting firm for the fiscal year ending June 30th, 2022.
If any stockholder would like to make a comment or ask a question regarding this proposal, please submit your comment or question through the web portal now. There are no additional proposals today, so we will proceed to voting. If you have not already done so, please submit your vote on the portal now. The polls will close momentarily. It is now 10:00 A.M. on December 9th, 2021, and the polls for each matter to be voted on at this meeting are now closed. No additional ballots, proxy cards or votes, and no changes or revocations will be accepted. According to the preliminary report of the Inspector of Elections, all proposals have been approved by the stockholders. These are the preliminary results of voting. The final count may vary following final examination of the proxies and ballots.
The final results of voting will be reported in our Form 8-K filed with the SEC. That concludes the business portion of the meeting, and the meeting is adjourned. We have some time remaining and would be happy to take your questions. Please submit them through the web portal. Our discussion today may include various projections and forward-looking statements about the company. These statements, of course, involve risks and uncertainties that could lead to materially different events or results from those that we expect today. You are strongly encouraged to read our periodic reports and filings with the SEC, including our annual report for the fiscal year ended June 30th, 2021, and our quarterly report for the three months ended September 30th, 2021, under the heading Risk Factors, which lay out some of these risks and uncertainties in detail. Okay.
This concludes the Q&A portion of the annual meeting. Thank you for your time.