directors of ranger energy services it's my pleasure to welcome you and call the 2025 annual meeting of stockholders of ranger energy services to order we have representatives from our board of directors in attendance at the meeting this morning along with stewart bowden president and chief executive officer melissa kugel executive vice president and chief financial JUSTIN WHITLEY, GENERAL COUNSEL AND CORPORATE SECRETARY AND JAREN HEAP FROM GRANT THORNTON. YOU MAY SUBMIT QUESTIONS DURING THE MEETING BY UTILIZING THE Q&A BOX LOCATED AT THE TOP RIGHT PORTION OF YOUR SCREEN. WE WILL RESPOND TO RELICANT QUESTIONS AT THE END OF THE OFFICIAL PORTION OF THE MEETING. NOW, JUSTIN WHITLEY WILL REPORT ON THE MAILING OF THE NOTICE.
This meeting is being held pursuant to the notice dated March 28, 2025, and I have an affidavit of mailing of the proxy notice and access form provided to each stockholder of record as of the close of business on March 12, 2025, the established record date. A copy of the 2025 proxy statement and 2024 annual report on Form 10-K have been made available to stockholders. A certified listing of stockholders has been made available for examination at the company's office for 10 days prior to this date. All of these documents will be filed with the records of the meeting.
Chair Dowd from Beta NXT, formerly Media Communications, has been appointed inspector of election and will report whether a quorum is present.
On the record date, there were 22,975,474 outstanding shares of Class A Common Stop. A majority of the shares of Common Stop outstanding on the record date is represented at this meeting, either virtually or by proxy, and a quorum is present.
On that basis, I declare the meeting duly convened and competent to proceed with the transaction of business. The polls are open at this time, and anyone who has not voted or wishes to change their vote may do so now by utilizing the link you receive when you register for this meeting. The first matter submitted to the stockholders for action is the election of directors. The Board of Directors nominated myself, Michael C. Kearney, and Krishna Shibran as directors to serve until a 2028 annual meeting of stockholders or until respective successors are elected and qualified. No other persons have been nominated in accordance with the company's bylaws. The nominations are now closed. The next matter submitted to the Stockholders for Action is a proposal to ratify the appointment of Grant Thornton as independent auditors for the fiscal year 2025. The next matter submitted to the Stockholders for Action is the proposal on the non-binding advisory vote on executive compensation. The last matter submitted to the Stockholders for a vote is the amendment and restatement of the Ranger Energy Services 2017 Long-Term Incentive Plan. I declare the polls closed and ask the inspector of election to please prepare her report. Is the inspector of election ready to report?
Yes. The results of the balloting are as follows. For Proposal 1, a plurality of the votes cast at this meeting or by proxy by the holders of Common Stock voted in favor of each of the company's nominees for members of the company's board of directors to serve until the company's 2028 annual meeting of stockholders. For proposal two, a majority of the votes cast at this meeting or by proxy voted in favor of the ratification of the appointment of Grant Thornton LLP as the company's independent registered public accounting firm for the physical year 2025. For proposal three, a majority of the votes cast at this meeting or by proxy voted in favor of the non-binding advisory vote on executive compensation. For Proposal 4, a majority of the votes cast at this meeting or BIPOC proxy voted in favor of the amendment and restatement of the Ranger Energy Services, Inc. 2017 long-term incentive On that basis, I declare the nominees for director and duly elected for terms expiring in 2028.
The appointment of Grant Thornton as the independent auditor for the fiscal year 2025 has been ratified. The advisory vote on executive compensation has been approved, and the amendment and restatement of the Ranger Energy Services 2017 long-term incentive plan has been approved. I will open the floor now for appropriate questions and discussions. Since no questions have been presented, and there's no further business to this meeting. It is now adjourned. Thank you.