Item 5.07 Submission of Matters to a Vote of Security Holders.
On
1. To elect two Class I directors to serve until the 2025 annual meeting of stockholders and until their successors are duly elected and qualified; 2. To approve, on an advisory basis, the compensation of the Company's named executive officers; 3. To approve, on an advisory basis, the frequency of future stockholder advisory votes on the compensation of the Company's named executive officers; 4. To ratify the appointment ofErnst & Young LLP as the Company's independent registered public accounting firm for the Company's fiscal year endingDecember 31, 2022 ; and 5. To vote upon a proposal submitted by one of the Company's stockholders regarding a change in stockholder voting.
Holders of the Company's Class A common stock, par value
At the beginning of the Annual Meeting, present in person or by proxy were holders of 399,824,002 shares of Class A Common Stock (including holders of the Company's CDIs) and 61,103,641 shares of Class B Common Stock, together representing 89% of the combined voting power of all issued and outstanding shares of Class A Common Stock and Class B Common Stock entitled to vote at the Annual Meeting, constituting a quorum.
The final voting results for each of these proposals are detailed below.
1. Election of Directors
Nominee Votes For Votes Withheld Broker Non-Votes
Each director-nominee was duly elected as a Class I director to serve until the Company's 2025 annual meeting of stockholders and until his successor is duly elected and qualified.
2. Advisory Vote on Compensation of Named Executive Officers
Votes For Votes Against Votes Abstained Broker Non-Votes 917,287,237 13,795,648 752,817 79,024,710
The stockholders advised that they were in favor of the compensation of the Company's named executive officers.
3. Advisory Vote on Frequency of Future Stockholder Advisory Votes on Compensation of Named Executive Officers One Year Two Years Three Years Votes Abstained Broker Non-Votes 928,590,330 261,683 2,474,426 509,263 79,024,710
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The stockholders advised that they were in favor of one year as the frequency of holding future stockholder advisory votes on the compensation of the Company's named executive officers. In accordance with the voting results for this proposal, the board of directors of the Company has determined that the Company will hold future stockholder advisory votes on the compensation of the Company's named executive officers every year. The next required advisory vote on the frequency of future stockholder advisory votes on the compensation of the Company's named executive officers will take place no later than at the Company's 2028 annual meeting of stockholders.
4. Ratification of Appointment of Independent Registered Public Accounting Firm
Votes For Votes Against Votes Abstained 1,009,847,565 775,368 237,479
The stockholders ratified the appointment of
5. Stockholder Proposal Regarding a Change in Stockholder Voting
Votes For Votes Against Votes Abstained Broker Non-Votes 260,042,860 670,888,261 904,581 79,024,710
The stockholders rejected the proposal regarding a change in stockholder voting.
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