Facebook investors approved a proposal to issue 5.7 billion shares of Class C stock during the company’s annual shareholder meeting Monday.

The move is intended to ensure Chief Executive Mark Zuckerberg will maintain control of the social media giant he co-founded.

Zuckerberg, who said he plans to donate a substantial amount of Facebook shares, will now be able to do so without diluting his voting power.

The shift gives current shareholders a 3 for 1 stock split, which means for every share of Class A or B stock an investor owns, Facebook will offer them two Class C shares as a one-time dividend. Class C stock does not come with shareholder voting power.

“I plan on being involved in and running Facebook for a very long time,” Zuckerberg told investors in attendance, which led to a round of applause.