Aimia Inc.

Good morning, ladies and gentlemen, and welcome to AMEA Inc. Fourth Quarter 2024 Results Conference Call. At this time, all lines are in a listen-only mode. Following the presentation, we will conduct a question-and-answer session. If at any time during this call you require immediate assistance, please press the star zero for the operator. This call is being recorded on Friday, March 28, 2025. I would now like to turn the conference over to Joe Ragnoletti. Please go ahead.

Thank you, Operator, and good morning, everyone. Last night, we announced a transition to our board that reflects the company's commitment to succession planning and cost reduction. Joining me on today's call are our outgoing Chairman, Executive Chairman Tom Fink, our incoming Executive Chairman Arif Somerton, and AMIUS President and CFO Stephen Leonard. Before we begin, I would like to point out a couple of items. We issued our financial results for the fourth quarter results earlier this morning. All of our materials, including the news release, MD&A, and financial statements are available from our website and CDAR+. We will be using a presentation, and for those listening to our discussion by phone, a copy is available from the IR section of our website. Some of the statements that we will be making today constitute forward-looking information about our future results, and they may differ materially from what we discussed. please refer to the risks and uncertainties that affect our future performance referenced in our presentation and 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, we will have a question and answer session at the end of today's discussion, but if you have any follow-up questions, please reach out to me, and we're happy to set up a time to discuss them. With that, I'd like now to turn over the call to Tom. Please go ahead, Tom.

Thank you, Joe. Good morning, everyone, and thank you for joining us today. Last night, Amy announced the board transition that included news of my resignation as executive chair. Before Steve reviews Amy's Q4 results, I wanted to take this opportunity to provide some background for my decision and why I think the transition represents a positive development for investors. A little over a year ago, I was asked to become AMIA's executive chair. I stepped into the role during a period of significant transformation and uncertainty. It became clear to me from the outset that a renewed focus on enhancing shareholder value was needed at AMIA. Along with my fellow directors and the management team, we focused our efforts in 2024 on improving the operational performance of our core holdings, monetizing the value of our minority investments portfolio, and reducing holding company costs. We also had a desire, myself in particular, to rebuild the relationship with AMIA's largest shareholder, MIFAC. I am pleased to say that we made progress on all of these objectives last year. I'm also pleased that we were able to do it in a relatively short period of time, setting up us up for success going forward. While I enjoyed the challenges of this role and working with the AMIA team and board, it was never my intention to be the executive chair for an extended period of time. With this in mind and given that much work lies ahead to enhance value for shareholders, I decided that now the time is right for me to step down and allow Reece to lead AMIA forward. In the time Reece and I have known each other, I've been impressed by his vision for enhancing shareholder value, his disciplined approach to cost-cutting, his investment acumen, and his ability to bring people together to work towards a common goal. As this is my last earnings call, I want to thank AMIUS shareholders for the support and encouragement you have provided me over the past year. Some of our conversations weren't always easy. but I think you would agree that I strive to be accessible, open, and responsive. I know that Reece is as committed to listening and responding to you as well. I hope that you extend him the support you've shown me, and with that, let me turn it over to Reece.