B2Gold Corp.

Thank you for standing by. This is the conference operator. Welcome to B2Gold Corporation's first quarter 2026, the National Results Conference Call. As a reminder, all participants are in listen-only mode and the conference is being recorded. After the presentation, there will be an opportunity for analysts to ask questions. To join the question queue, you may press star then one on your telephone keypad. You will hear a tone acknowledging your request. Should you need assistance during the conference call, you may reach an operator by pressing star then zero. I would now like to turn the conference over to Clive Johnson, President and CEO of B2Gold. Please go ahead.

Thank you. Good morning, everyone. Thank you for joining us today for our first quarter earnings call. This has been a period of solid operational performance and disciplined cost management against the backdrop of ongoing volatility in global commodity markets. Our focus on safety, sustainability, and operational excellence continues to drive reliable production and strong cash flow generation across our portfolio. Today, we'll review our financial results, highlight key developments across our assets, and discuss our outlook for the remainder of 2026. In light of recent events in Mali involving the conflicts between government and insurgent groups, the company also wishes to report that its business operations in Mali continue in the normal course with such activities occurring at The company continues to closely monitor the situation and take precautions to ensure the safety and well-being of persons of our employee and contractors involved. Next, I would like to acknowledge the important leadership transition we shared earlier this year, announcing my retirement as President and CEO in effect of June 4, 2026, and the appointment of Mike Cinnamon as B2R's next President and Chief Unappropriated Officer. It has been a great privilege to have led B2Gold since its formation in 2017 as a sort of junior exploration company. Since then, we've grown the business to timely and well-executed acquisitions to make the company where it is today. I'm especially proud of the fact that we have lived up to our values, fairness, respect, transparency, and our reputation as an efficient and transparent operator that enabled us to attract and retain some of the best people in the mining industry. In addition, I am proud of the contributions to the communities in which we operate around the world. Our goal is to leave them in a better place than when we arrived. Now is the right time to pass the torch in making this decision, and I and every component of Mike and our small executive team to lead our next stage of growth. I am proud of my contributions to me to go forward. My new role as Chair of Emeritus is to watch me trade long-term sustainable value for our shoulders in the years to come. After 19 years, this will be my last quarterly conference call with you. can't say it's always been a pleasure. I think we've overall had productive relationships, and there's currently a good strong group of professional analysts. We realize you have challenging jobs as you attempt to cover all of the companies in our sector. With that, I'll turn it over to Mike Silver.

Thanks, Clive. I'd like to say I've had the opportunity to work closely with you and the team for many years now, and I'm stepping into this role with the strong understanding of our business and, I think, confidence in the foundation that it's been built on. We've got great people. We've got great assets. And as we move through this transition, my focus is going to be on maintaining that foundation while continuing to strengthen execution and deliver consistent results for our shareholders. And I look forward to continuing to work with Clive during the transition period, as well as Kelvin Duschniski, our executive chair, our board of directors, the management team, and all of our great people at B2 Gold Spice around the world as we help this company achieve its full potential. And I also want to congratulate Clyde on his role as chairman of Emeritus. I think that reflects its recognition of his lifetime's contribution to both our company and to our industry. Moving on to the results, the first quarter was a strong start to the year. All of our operations with the all outperforming expectations. Financially, it was a strong quarter. Gap earnings were $0.15 per share on an adjusted base with $0.19 per share. The company reported revenue of nearly $1.2 billion in the first quarter, and that included delivery of just over 66,000 ounces under our full pretayment obligations. And as of today, we're in our final two months of delivery, so we'll have delivered into the remaining prepaid ounces by the end of June. Operating cash flows for the first quarter were $539 million, and free cash flow was $362 million, a number strong result, highlighting the continuing cash generation potential, I think, of our operating assets in this gold price environment. We've been investing for the last two or three years as we build gifts and move things along at our other sites, and now we're starting to see that free cash flow increase. floor. This performance highlights the strength of the business, and it provides us with significant financial flexibility. Looking at our balance sheet, we remain a strong financial position with cash and cash equivalents of $479 million at March 31st, 26, and that's up from $380 million at the end of 25. And also, subsequent to the quarter end, we paid the remaining $75 million outstanding balance on our revolving credit facility, which leaves the full amount of $800 million on the facility available for future draws, plus another $200 million accordion future, so lots of financial strength and liquidity there. And during the first quarter, we repurchased approximately 16 million shares for $80 million, and subsequent to the quarter end, we repurchased a further 4 million shares for $18 million. And I think we expect to continue to volume of our business and our share price, we don't believe that the volume of our business is reflected in our share price. So I think you'll continue to see us look at that repurchase as we go through the balance of the year, like I said. Subsequent to the quarter end, we also completed the sale of our 70% stake in Finco Ventures, like Nico Eagle, for $325 million in cash. And with that, we also have an agreement with Agnico to enter into a collaboration agreement related to our this agreement creates a framework where we can share operational knowledge and best practices across mining, processing, and logistics in Arctic environments. And we see NICO Eagle as a strong, long-term partner in the region. And I think this is also consistent with our focus on disciplined capital allocation and strengthening the overall quality of our portfolio. Overall, we continue to maintain excellent financial flexibility and ability to repair obligations, fund the growth initiatives, and very importantly, return capital to our shareholders, both through dividends and through buybacks. And my priority for sure will be to maintain a disciplined approach to capital allocation while preserving that flexibility and optionality as we go forward. And with that, I'd like to turn the call over to Bill for operational update.