Capstone Copper Corp.

Good afternoon and welcome to Capstone Copper's second quarter 2026 results conference call. At this time, all lines are in listen-only mode. Following the presentation, we will conduct a question and answer session. If at any time during this call you require immediate assistance, please press star zero for the operator. This call is being recorded on Thursday, July 30th of 2026. I would now like to turn the call over to Daniel Sampieri. Please go ahead.

Thank you, Operator, and thank you, everyone, for joining us today to discuss our second quarter results. Please note that the news release and regulatory filings are available on our website and on CDAR funds. If you are logging into the webcast, we will advance the slides of today's presentation, which are also available in the Investors section of our website. I am joined today by our President and CEO, Cash Elmar. our SVP and Chief Operating Officer, James Whitaker, our SVP and Chief Financial Officer, Thomas Randhawa, and our SVP, Risk, ESG, and our General Counsel, Wendy King. During the Q&A session at the end of the call, we will also be joined by our Head of Technical Services, Peter M. Olmsten, who is available for questions. Please note that comments made on the call today will contain forward-looking information within the meaning of applicable securities laws. This information, by its nature, Thank you, Daniel. Thank you, Daniel.

And hello to all of you dialing in from Americas, Europe, Australia, and around the globe. Today, we are pleased to present our second quarter 2026 results and achievements. At the beginning of this year, I spoke about 2026 being a year of operational stability and cash generation between periods of transformational growth. Q2 delivered exactly that, as highlighted on slide 5. Our operations delivered consolidated copper production of 51.8 thousand tons at consolidated C1 cash costs of $2.82 per pound in Q2. Improved production combined with exceptionally strong commodity prices drove record EBITDA for the seventh consecutive quarter. This performance was underpinned by record throughput and record low cash costs at Manta Murdoch. Strong throughput at Santos Blancos and consistently solid execution at Cozumel, with reliability initiatives underway at Pinto Valley. We have reaffirmed our 2026 guidance. As we execute on our operational targets, we remain focused on advancing our growth pipeline to increase production and lower costs. Near-term growth is driven by our MDO project. which remains on schedule and on budget. Longer term, we recently submitted an EIA permit application at Antos Blancos and progressed Santo Domingo towards a sanctioning decision which continues to be expected in Q4. We are also prioritizing absolute cost reduction projects, like the Monteverde Pirate Augmentation Project, designed to reduce sulfuric acid requirements while increasing copper production. We continue to strengthen our financial position in Q2 and intend to deleverage further through internally generated cash flows over the course of this year, ensuring we are well positioned to invest in accretive growth opportunities. As we increase production to meet growing demand for copper, We remain committed to doing so responsibly, as highlighted in a recently published 2025 Sustainability Report. Our people remain at the core of everything we do, an integral capstone to safely deliver results. At Manco Verde and Mancos Blancos, we have recently negotiated new three-year collective bargaining agreements with all unions. providing important stability as we continue to operate and advance growth in Chile. Since 2022, our company has matured and we have delivered improved output from a diversified base of four operations in top-tier mining jurisdictions. As we look towards the future, our near-term growth pipeline enables Capstone to deliver the copper the world needs. And with that, I'll pass over to Raman for our financial results.