Iamgold Corporation Ordinary Shares

Thank you for standing by. This is the conference operator. Welcome to the I Am Gold Second Quarter 2026 Operating and Financial Results Conference Call and Webcast. As a reminder, all participants are in listen-only mode and the conference is being recorded. After the presentation, there will be an opportunity to ask questions. To join the question queue, you may press star then 1 on your telephone keypad. Should you need assistance during the conference call, you may reach an operator by pressing star then 0. At this time, I would like to turn the conference over to Graeme Jennings, Vice President, Business Development and Investor Relations for IAM Gold. Please go ahead, Mr. Jennings.

Thank you, Operator, and welcome everyone to our conference call this morning. Joining us on the call are Renaud Adams, Prison Chief Executive Officer, Martin Theunissen, Chief Financial Officer, Bruno Lemelin, Chief Operating Officer, Ankit Shah, Chief Strategy Officer, and Annie Torkia Lagacé, Chief Legal Officer. We are calling today from IAM Gold's Toronto office, which is located on Treaty 13 territory, on the traditional lands of many nations, including the Mississaugas of the Credit, the Anishinaabeg, the Chippewa, Haudenosaunee, and the Wendat peoples. At High and Gold, we believe respecting and upholding Indigenous rights is founded upon the relationships that foster trust, transparency, and mutual respect. Please note that our remarks on this call will include forward-looking statements and refer to non-IFRS measures. We encourage you to refer to the cautionary statements and disclosures on non-IFRS measures, including the presentation and the reconciliations of these measures in our most recent MD&A, each under the heading Non-GAAP Financial Measures. With respect to the technical information to be discussed, please refer to the information in the presentation under the heading Qualified Person and Technical Information. The slides referenced on this call can be viewed on our website. I will now turn the call over to our President and CEO, Renaud Adams.

Thank you, Graeme, and good morning, everyone. Thank you for joining us today. It was another strong and safe quarter for IM Gold. We produced 188,100 ounces of gold in the second quarter, bringing our year-to-date production to 371,700 ounces, positioning IAM Gold firmly on track to meet our full-year guidance of 720,000 to 820,000 ounces. Our company continues to generate strong cash flow with nearly 900 million of mine-side free cash flow produced year-to-date. This allows us to invest in our assets, strengthen our balance sheet, and Return Capital to our shareholders at the same time. Since December, we have repurchased more than half a billion dollars of IAM Gold shares. These repurchases, you know, reflects our confidence in the company's future in our view that our shares represent compelling value. That confidence is built on the growth we have across each of our mines. Over the coming quarters, we expect updated studies at Côté, Eslacan, Westwood, and Melligan. Our next phase of value creation starts at Côté. The first step is the updated mine plan and the technical report, which remains on track for the end of the year. For the first time, this plan will bring the Côté and Gosselin deposits together, building on the more than 20 million ounces of measured and indicated resources across the combined zone. The updated plan will define a near-term path to increase throughput towards 40,000 tons per day through targeted debottlenecking of the existing plant. This work is expected to be low-cost and high-return, supported by a larger reserve base and a longer mine life. In parallel, we're advancing trade-off studies on a larger expansion of COTE. We have adjusted the scope of this work to reflect the significant size and opportunity at Cotec. We are taking the time to assess the full scales of the asset, evaluating multiple scenarios to ensure that Cotec is positioned to deliver value for generations to come. At ESACAN, we continue to see strong cash flow generation, which remains a key driver of our share buyback program. In the first half of the year, we plan to release an updated mine plan that is expected to outline a mine life extension to 2035. At Westwood, our Quebec underground mine continues to redefine itself as a stable, cash-generative operation. Next year, we are excited to outline a path to extend mine life and increase underground throughput With a potential to transform Westwood into a larger, higher throughput, lower cost operation. And of course at Nelligan, we are advancing one of Canada's largest emerging gold camps toward an initial economic study next year, marking an important step in defining its long-term development potential. In summary, IAM Gold is performing well, generating strong cash flow, Returning capital to shareholders and building real growth for the years ahead. With that, let's get into the quarter. Starting with health and safety, our total recordable injury frequency rate was 0.70 for the quarter and is tracking at 0.56 here today. I would like to recognize the Westwood team in particular, whose continuous focus on safe operations set a strong standard. 50 come first to us, and I want to thank our teams across our operations for their ongoing commitment to safe and responsible mining. Learning to operation. IAM Gold produced 188,100 ounces to our account in the second quarter. At code 8, attributable production was 67,300 ounces or 96,200 ounces on a 100% basis. which was made possible as the plant operated at near full capacity in June following the conveyor belt replacement and the commissioning of the second crop crusher. The Sakana Westwood also delivers trunk waters with grades slightly above forecast. Cash costs, including royalty, were $1,289 per ounce per quarter and $1,244 per ounce year-to-date. For the full year, cash costs are tracking towards the upper half of our guidance range, with improvement expected in the second half as COSY production increases. All in sustaining costs, including royalty, are likewise tracking towards the upper half of the guidance range. As a reminder, both Coté and Esacana have royalty structure tied directly to the gold price. With the realized gold price averaging over $4,600 per ounce year-to-date, royalties have added approximately $380 per ounce so far this year, about $55 per ounce above our guidance assumption. We continue to monitor inflation and energy market volatility closely. In the first half of the year, certain input costs increased by approximately 3% in line with our expectations. In the second quarter, oil prices were approximately $25 to $30 per barrel above our guidance assumptions, adding about $35 per ounce above our cost guidance. With that, I will pass the call over to our CFO to walk us through our financial matters. Martin.