Abaxx Technologies Inc.

Good day and welcome to the ABEX Technologies first quarter 2026 earnings and business update call. All participants will be in a listen only mode. For sell side equity analyst on the call with us today, there will be an opportunity to ask live questions following today's management presentation. To ask a question, you may press star then one on your touch tone phone. To withdraw your question, please press star then two. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. Please note that the live questions will not be addressed until the Q&A portion of the call begins. Following prepared remarks. For those on the webcast, you may submit questions throughout this event by typing in the submit a questions box on your screen. Questions will be addressed after the formal presentation has ended. For any participants who are not able to see the slide presentation, please refresh your browser and begin the slide presentation. Please note this event is being recorded. I would now like to turn the conference over to Tara Hayes, Director of Communications. Please go ahead.

Good morning, good afternoon, and good evening to those dialing in from Singapore. Thank you for joining us today for the ABEX Q1 Earnings and Business Update Call. My name is Tara Hayes, Director of Communications at ABEX, and I'll be directing today's presentation. With us on the line are founder and CEO Josh Crum, ABEX Chief Strategy Officer David Greeley, and ABEX Exchange Chief Commercial Officer Joe Rea. ABEX CFO Steve Frey and Chief Legal Officer Jeff Lipton are also on the line and will be joining us for the Q&A period following today's prepared remarks. Emrin should have access to our 2025 year-end reports and annual information form, along with our Q1 financial statements and corporate milestone press release, which will be the primary disclosures for today's presentation. But we also want to make reference to all filings and risk disclosures found on CDAR+. We've published a short slide presentation to accompany today's webcast, which is being recorded and will be posted to our investor relations website, investors.abex.tech, in the coming days. We'd like to remind everyone that part of our discussion today will include forward-looking statements which are subject to various assumptions, risks, and uncertainties, and which could cause actual results to differ materially from those expressed or implied on today's call. Please find our full statement and cautions regarding forward-looking statements on the slide attached. Before I hand the call over to David Greeley to update investors on key milestones and updates from the last 45 days, we'd like to specifically draw your attention to the highly regulated nature of our products and operations. Given the early growth stage of our ramp-up and deep innovation pipeline for listing new products, it's important to reiterate the cautionary nature of our forward-looking statements with respect to products that are still subject to ongoing regulatory work and review. We'll endeavor to point out these cautions as we go, but as of today, our ABAC Singapore entity's regulatory status is that of a recognized market operator exchange and approved clearinghouse in Singapore. As we speak about our precious metals products today, we want to point out that our ABX spot entity was incorporated in Singapore last year, but operates under a different branch of the ABX corporate family tree and not part of the entities regulated by the MAS under ABX Singapore, as the Monetary Authority of Singapore does not regulate spot commodity markets. Any other potential products discussed today, including new markets planned for additional energy, environmental, precious metals, and base and battery materials products, as well as our innovative technology-enabled products in the pipeline would be subject to meeting all regulatory requirements and disclosures before listing. Following the management presentation, we will open the call up for Q&A to answer investor questions, which you can submit by typing in the submit a question box on your screen at any time. With that, I'd like to hand the call over to Dave for some opening remarks and a walkthrough of how ABEX is solving core structural inefficiencies for global commodity markets through our fully integrated market ecosystem.

Thank you, Tara. It's only been about 45 days since our last call, and so we're going to endeavor to keep our prepared remarks short and leave more time for your questions. On our last call, we discussed in depth the generational opportunities that we are pursuing in both markets and digital infrastructure and our strategy for seizing those opportunities. You can find the recording and transcript of that discussion on our investor relations website, investors.abex.tech. That strategy remains the same. And so today, I'd like to walk you through the results and accomplishments produced by that strategy in the first quarter and more recently. First, our results. We remain focused on de-risking our path to one million average daily trading volume on ABEX exchange over the next three to five years. In the first quarter, our total trading volume on the exchange was 236,138 contracts. That's an increase of 145% over the previous quarter. That growth continued in the second quarter. In April, 255,645 contracts traded on the exchange, exceeding total first quarter trading volume by 8%. And on May 14th, trading volume exceeded 50,000 in a single trading day for the first time, setting a new single-day record of 50,277 contracts traded. Much as our trading volume has upgraded, so have our accomplishments in building connectivity and liquidity in our markets and commercializing our technology. On the market side, in the first quarter, we launched four wind index futures contracts, including our first U.S. contract for the ERCOT, Texas region, which produces roughly one quarter of U.S. wind power. We continued to expand our weather index futures contracts in April with the launch of German Solar Futures. In the first quarter, the first delivery under the Gold Singapore Futures contract was successfully executed. In April, the first trades in the ABEX spot gold pool were executed. And in May, just yesterday, we announced the launch of a 1,000-ounce Four Nines Finest Silver Singapore Futures contract, which will begin trading this Friday, May 22nd. In Q1, we integrated our contracts with TMX TradePort's Joule platform to enable cross-market trading alongside existing benchmarks for over 9,800 participants, which deepens our connectivity into Europe. In April, ABEX Exchange was also registered as an organized marketplace with the EU Agency for the Cooperation of Energy Regulators, or ACER, which allows the exchange to provide the transaction reporting required for participant compliance under EU remit standards. And these efforts have been increasingly recognized. In the first quarter, ABEX joined the Singapore Bullion Market Association, and in May, ABEX Exchange was awarded Newcomer of the Year at the Energy Risk Awards. On the technology side of the business, in the first quarter, we introduced MarketOS at FIA Boca. MarketOS positions our console applications, Verifier Plus, Messenger, Sign and Drive, as a transaction productivity suite for market participants built on our ID++ protocols. In May, we continued to push MarketOS towards commercialization. We signed a memorandum of understanding to support the development of market infrastructure and the application of this technology for the Cambodian National Futures Exchange. In Q1, we announced the late December completion of two digital title pilot transactions for physical gold and money market shares, validating a framework for T plus zero collateral mobilization to accelerate collateral velocity in cleared markets. In May, we advanced digital title toward commercialization, announcing our partnership with Alta in ALTA Internative Investments to advance the use of money market fund shares as T plus zero collateral for margin at ABEX clearing subject to regulatory approval. Also in May, we launched ABEX Labs as our center for building our network by engaging with the developer community through the release of open source software. The first release is Agents++, a subset of the ID++ software development kit that has been tuned for use with AI agents. And at the corporate level, in May, Jeff Curry expanded his role to become executive co-chairman of ABEX Markets, where he'll continue to support the development of global commodity markets, the MarketOS technology suite, and Agents++ for Igenic Finance. He will also contribute regular market research and commentary and serve as a senior advisor to the boards of ABEX Exchange and ABEX Clearing. And finally in May, we announced that we will be listing on the Toronto Stock Exchange, the TSX. The first day of trading will be this Thursday, May 21st. Concurrently with listing on the TSX, ABEX shares will be delisted from SIBO Canada. There will be no change in the trading symbol or QSIP for the common shares and shareholders are not required to take any action or exchange their certificates in connection with the listing. In summary, We're seeing the growth in our trading volumes, building liquidity, and commercializing our technology all accelerating. As we said on our last call, while these may seem like separate efforts, they're all complementary, they all work together, and they're all coming together in support of one vision. In a moment, I'll turn it over to Joe and Josh to discuss in more depth how we're building liquidity in our markets and commercializing our technology. Joe will also discuss Josh will also discuss how he's thinking about our evaluation and his plans to scale the company. Before I turn the microphone over to Joe, however, I'd like to take a brief moment to discuss the headwinds and tailwinds being created by the current macro environment as it pertains to our business. While much remains the same as 45 days ago, the macroeconomic environment has become increasingly risky due to the effects of the conflict in Iran. Everyone who's been listening to Jeff Curry or Smarter Markets will appreciate the gravity of the situation and the risk. The IEA states that the conflict in Iran is causing the biggest energy crisis in history, and The Economist summed it up well in their recent headline, Global Energy Markets are on the Verge of a Disaster, Scenarios Now Range from Bad to Awful. The current situation has highlighted many of the problems and markets that ABEX was built to solve. the growing disconnect between financial markets and physical realities, the need for better hedging and risk management tools, and the need for greater collateral efficiency. We believe all of these will ultimately provide a tailwind to what we do. However, we're taking the risk and managing the risk in the current environment very seriously. With that, I'll turn it over to Joe for a deeper update on our markets.