Aimia Inc.

Good morning, ladies and gentlemen, and welcome to the IMEA Inc. 3rd Quarter 2024 Results Conference Call. At this time, all lines are in the listen-only mode. Following the presentation, we welcome back a question-and-answer session. If at any time during this call you require immediate assistance, please press star 0 for the operator. This call is being recorded on Friday, November 8, 2024. I would now like to turn the conference over to Joe Racanelli. Vice President of Investor Relations, please go ahead.

Thank you, Operator, and good morning, everyone. With me are AMIA's Executive Chairman, Tom Fink, and our President CFO, Steve Leonard. Before we begin, I would like to point out a couple of items. We issued our financial results for the third quarter earlier this morning. All of our materials, including the news release, MD&A financial statements, are available from our website, as well as from CDAR+. We will be using a presentation today, and for those listening to our discussion by phone, a copy is available from the IR section of our website. Some of the statements made on today's call may constitute forward-looking information, and our future results may differ materially from what we discussed. Please refer to the risks and uncertainties that affect our future performance referenced in our presentation as well as in our MD&A. In addition, we will be making note of GAAP and non-GAAP financial measures. Reconciliation is provided in the appendix of our presentation. Following today's presentation, please reach out to me if you have any follow-up questions or would like to have a call with management. With that, I'd like to turn the call over now to Tom. Please go ahead, Tom.

Thank you, Joe, and happy Friday to everybody. Thank you for joining us today. At the start of this year, We committed to our investors to improving the performance of our core holdings, unlocking shareholder value, and increasing our engagement with each of you. A recent performance makes clear that we have executed against our strategy and realized several successes. In particular, we saw double-digit growth for revenue and adjusted EBITDA on a consolidated basis. Each of our core holdings, Bozzetto and Cortland, delivers strong results despite some macroeconomic headwinds. We also formed a strategic review committee in July, chaired by Jamie Scarlett, one of Canada's most respected legal advisors, with more than 40 years of experience completing complex M&A transactions. And perhaps most significantly, we recently reached a settlement with our largest shareholder, MISAC, which clearly puts behind our differences, allows us to partner together to focus our efforts exclusively on our strategy to grow our core holdings and unlock shareholder value. Before I turn the call over to Steve to discuss our Q3 financial results, I'd like to comment further on the cooperation agreement with MIFAC and update you on the measures we have taken recently to unlock shareholder value. The recent signing of the cooperation settlement agreements with our largest investor marks an important milestone. The agreement came after a number of discussions with MIFAC to better understand how we could be aligned on the strategic focus of the company and the efforts to unlock value. These discussions accelerated after our annual general meeting in June when it became apparent that we were more aligned with each other than ever before. As a result of these agreements, AMIA's board of directors will be expanded to include two AMIFAC nominees, Asif Mohamed Simab and Reece Somerden, individuals who bring extensive capital markets experience and a solid understanding of AMIA's business to our board. We will also add Shahir Gwendi, Chairman Emeritus of Oslers, who also brings extensive legal and corporate experience to our board. Key to the agreement are customary standstill provisions through March 31, 2026, and MIFAC's undertaking to vote all of its common shares in favor of each of AMIA's nominees at our next Annual General Meeting. With the settlement now behind us, we anticipate that some of the overhang in our share price will be lifted. Just as important, we will now be able to vote all of our efforts on growing the performance of our core holdings and unlocking shareholder value. Another sign of our recent progress was the formation of the Strategic Review Committee in July. This committee is chaired, as I said, by Jamie Scarlett, and it includes Directors Robert Feingold, Jordan Taramo, and we'll also include Mr. Seamob, one of MIFAC's representatives. The committee is actively supported by Steve Leonard, our President and CFO, and members of his team. The committee's mandate is to develop a roadmap that will unlock the growth potential of our core holdings, Bozzetto and Cortland, optimize AMIA's capital structures to support the return of capital to shareholders, and continue to responsibly monetize non-core assets in an expedient manner. Since its formation, the Strategic Review Committee has been meeting regularly and also meeting with advisors to discuss the various options available to the company. Some of these options include the potential sale-off or merger of one or both of AMIA's core holdings, the potential merger of a holding company with another entity, and the potential recapitalization of the holding company or our core holdings. Finally, we continue to make progress against our normal course issuer bid in Q3. If you recall, we received approval from the TSX in early June to purchase up to 10% of our public float, the maximum allowed under the parameters of the program. This represents just over 7 million shares. As you can see from slide 9, we have purchased more than 2.4 million shares, or just over one-third of available shares to date. These purchases, which include the block of 1.3 million shares purchased from Milkwood, represents an outlay of approximately $6 million to date at an average price per share of $2.59. That concludes my remarks, and I'd now like to turn it over to Steve to review our financial and operational results for the third quarter. Steve?