Alignment Healthcare, Inc.

Good afternoon and welcome to Alignment Healthcare's third quarter 2025 earnings conference call and webcast. All participants will be in a listen-only mode. After today's presentation, there will be an opportunity to ask questions. Please note that this event is being recorded. Leading today's call are John Kao, founder and CEO, and Jim Head, chief financial officer. Before we begin, we would like to remind you that certain statements made during this call will be forward-looking statements as defined by the Private Securities Litigation Reform Act. These forward-looking statements are subject to various risks and uncertainties and reflect our current expectations based on our beliefs, assumptions, and information currently available. Descriptions of some of the factors that could cause actual results to differ materially from these forward-looking statements are discussed in more detail and our filings with the SEC, including the risk factor sections of our annual report on Form 10-K for the fiscal year ended December the 31st, 2024. Although we believe our expectations are reasonable, we undertake no obligation to revise any statements to reflect changes that occur after this call. In addition, please note that the company will be discussing certain non-GAAP financial measures that they believe are important in evaluating performance. Details on the relationship between these non-GAAP measures to the most comparable GAAP measures and reconciliation of historical non-GAAP financial measures can be found in the press release that is posted on our company's website in our Form 10-Q for the fiscal quarter ended September 30, 2025. I would now like to turn the call over to John.

John, you may begin.

Ladies and gentlemen please stand by. Please stand by. Ladies and gentlemen please stand by.