GreenPower Motor Company Inc.

Good day and welcome to the Green Power Motor Company first quarter earnings conference call. All participants will be in a listen-only mode. Should you need assistance, please signal a conference specialist by pressing star then zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on a touchtone phone, and to withdraw a question, please press star then two. Please note this event is being recorded. I would now like to turn the conference over to Michael Seifert. Please go ahead.

Thank you. This is Michael Seifert, the Chief Financial Officer of Green Power Motor Company. I would like to welcome everyone to our call to discuss Green Power's financial results for the period ended June 30th, 2021. I'm here today with our Chief Executive Officer, Fraser Atkinson, our President, Brendan Riley, and our VP of Sales and Marketing, Ryan Chatterley. During today's call, we may make comments or statements about our future expectations, plans, and prospects, which may constitute forward-looking statements for the purposes of the safe harbor provision under the Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors, including those discussed in our quarterly interim results and MD&A filed on CDAR and on-enter. In addition, these forward-looking statements relate to the date on which they are made. We anticipate that subsequent events and developments may cause the company's views to change. Green Power disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. I will now pass the call over to Green Power's Also, during the course of today's call, we may refer to certain non-IFRS financial measures. Reconciliation of these non-IFRS measures can be found in our MD&A on CDAR and on EDGAR, and is also located on our website at www.greenpowermotor.com. I'll now pass the call over to Green Power CEO, Fraser Atkinson.

Thank you, Michael, and thanks to all for joining our earnings call. Following my opening remarks, Michael will cover the financial highlights for the quarter, Brendan will speak about our operations, and Ryan Chatterley will join us for the Q&A. Our plan since our NASDAQ IPO last fall remains on track and firmly in place. As we had anticipated, we experienced a substantial increase in sales pipeline activity this summer as the economy reopened and various incentive programs came back online. We expect this surge to achieve our objective of obtaining positive cash flow this calendar year with that momentum to continue into 2022. The sense of urgency when it comes to the topic of climate change is growing greater by the day and the wave of mandates and supportive funding continues to grow. Earlier this year, there were numerous announcements around goals for the adoption of zero emission medium and heavy duty buses. in particular with school buses and transit buses. With the recent passage of the infrastructure bill, there will be funding available to support these lofty goals. To put this into context, in order to get to the 20% target for zero-emission school buses, 100,000 of the 500,000 school buses will need to be replaced or 8,000 of the 40,000 school buses that are sold each year starting now. We started the monthly production of our BEAST school bus last fall and the first of these are scheduled for delivery pursuant to customer orders in the next month. And more importantly, we will have inventory to meet the increased demand this fall. We will circle back with more details on operations momentarily, but first I'll pass the call back to Michael Seifert, GreenPower CFO, to cover our quarterly financial results.