Bombardier Inc.

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Good morning, ladies and gentlemen, and welcome to the Bombardier Fourth Quarter and Full Year 2025 Earnings Conference Call. Please be advised that this call is being recorded. At this time, I'd like to turn the discussion over to Monsieur Francis Richer de La Fleche, Vice President, FP&A, and Investor Relations for Bombardier. Please go ahead, Mr. Richer de la Fleche.

Good morning, everyone, and welcome to Bombardier's earnings call for the fourth quarter and full year 2025. I wish to remind you that during the course of this call, we may make projections or other forward-looking statements regarding future events or the financial performance of the corporation. There is that actual events or results may differ materially from these statements. For additional information on forward looking statements and underlying assumptions, please refer to the MDNA. I'm making this cautionary statement on behalf of each speaker on this call. With me today is our President and Chief Executive Officer, Eric Martel, and our Executive Vice President and Chief Financial Officer, Bart Demoski, to review our operations and financial results for the fourth quarter and full year ended December 31st, 2025. I would now like to turn over the discussion to Eric.