<div class="row">
  <div class="col">
    <select class="mdb-select md-form">
        <option value="" disabled selected>Choose your option</option>
        <option value="1">Option 1</option>
        <option value="2">Option 2</option>
        <option value="3">Option 3</option>
      </select>
    <label>Example label</label>
  </div>
</div>

Using the md-select component outside a <div class="row"> and <div class="col"> structure causes the label's "absolute" positioning to send the label to the top of the page. There are scenarios where md-select may need to be used outside of the row/col structure.