Aimia Inc.

Good morning, ladies and gentlemen, and welcome to AMIA Inc. First Quarter 2026 Results Conference Call. At this time, all participants are in 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 star 0 for the operator. This call is being recorded on Wednesday, May 13, 2026. I would now like to turn the conference over to Joe Racknelly. Please go ahead, sir.

Thank you, operator, and good morning, everyone. Joining me on today's call are AMI's Executive Chairman, Reece Somerton, as well as our President and CFO, Stephen Leonard. Before we begin, I'd like to point out that we issued our financial statements for the first quarter ordered this morning, and all other materials, including the news release, MD&A, and 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 future results may differ materially from what we discussed. Please refer to the risks and uncertainties that may affect our future performance referenced in our presentation as well as 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. And following today's presentation, please reach out to me if you have any outstanding questions or require any clarification on matters discussed today. With that, I'd like to turn the call over now to Rhys. Go ahead, please.

Yeah, good morning, everybody. Good afternoon. We had a particularly busy first quarter on multiple fronts, most notably We announced the divestiture of the specialty chemicals business, Bezitto. We invested $1.4 million in share buybacks. And most importantly, we worked hard on identifying several target companies that meet our investment criteria, which we can start getting active on. Subsequent to the quarter end, we received all the necessary regulatory approvals for the Bezitto transaction to be completed. paving the way for the deal to close in the next couple of weeks, certainly by the end of May. Combined with these efforts, we are now in a position to eradicate the whole code debt, in particular reference to the notes, and begin to make investments in undervalued companies. We expect to build on the progress in the second half of the year, given the number of initiatives that we've planned, such as making an offer for those notes that we referenced earlier, We're also optimistic about Cortland. We think there's a lot of improvement that Cortland will see in the second half of the year, subject to obviously the geopolitical situation in the Middle East calming down. But we've worked hard to realign the management team, and we're confident that the new leadership will take Cortland to the next level. I'll expand on our outlook and priorities later in the presentation. But first, I will ask Steve to review the financial results in more detail. Over to you, Steve.