NanoXplore Inc.

and thank you for standing by. Welcome to the NanoExplore second quarter 2026 earnings conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 11 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 11 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Pierre Therese, Vice President of Corporate Development. Please go ahead.

Bonjour à tous et bienvenue à la conférence téléphonique du deuxième trimestre 2026 de NanoExplore. Good morning, everyone, and thank you for joining this discussion of NanoExplore financial and operating results for the second quarter of fiscal 2026. The press release reporting these results was published yesterday after market closed and can also be found on our website along with our financial statements and MD&A. These documents are also available on CEDAR+. Before we begin, I'd like to remind you that today's remarks, including management outlook and answer to questions, contain forward-looking statements. These forward-looking statements represent our expectation as of today, February 11, 2026, and accordingly are subject to change. Such statements are based on assumptions that may not materialize and are subject to risk and uncertainties. Actual results may differ materially, and listeners are cautioned not to place undue reliance on these forward-looking statements. A description of the risk factor that may affect future results is contained in NanoExplore annual information form available on our corporate website and in our filings with the Canadian Securities Administrator on CEDAR+. On the call with me this morning, we have Rocco Marinaccio, our CEO, and Pedro Azevedo, our CFO. After remarks from Rocco and Pedro, we'll open the call to questions from financial analysts. Let me now turn the call over to Rocco.

Merci, PY, et bonjour à tous. Thank you for joining us today to discuss NanoExplorer's fiscal second quarter 2026 results. As we build on the momentum established in Q1, I'm pleased to report a rebound in our operating performance this quarter. We delivered sequential improvements in revenue, gross margin, and adjusted EBITDA. While we remain focused on execution and continued margin expansion, these results reflect improving fundamentals across the business. Since assuming the CEO role, our priorities have been clear. Discipline execution, diversification of revenue streams, and maximizing the value of our differentiated graphene manufacturing platform. Our commercial pipeline remains robust, our technology leadership is intact, and our teams are executing with focus as we scale operations and drive long-term shareholder value. Today, I will cover three key areas. Our final decision regarding the Coded Spherical Purified Graphite, or CSPG, project, an update on the implementation of our dry process graphene platform, and progress across our tribograph and graphene solutions business. Starting with CSPG, after extensive analysis, we have made the decision not to proceed with the previously contemplated $100 million investment. This reflects disciplined capital allocation and a clear focus on risk-adjusted returns. The decision was driven by three factors, ongoing geopolitical uncertainty that can materially impact pricing and market access, prolonged qualification and testing timelines from potential offtakers, and a highly unstable business environment including an instance where a CSPG manufacturer had a binding agreement subsequently nullified. We are confident this was the right decision for the company and our shareholders and allows us to focus our capital toward higher return, lower risk growth opportunities. Turning to our dry process graphene initiative, I'm pleased to confirm that installation is on schedule with our first fully commercial module expected to be operational by early April. This represents a critical milestone for NanoExplorer. Dry process graphene is significantly less costly for us to produce compared to our wet process graphene and opens new end markets that are not accessible to us today. The new mill will add incremental capacity between 500 to 1,000 tons annually. This is not simply incremental capacity. It is a transformative step that strengthens our cost leadership and significantly expands our addressable market. Moving to our graphene solutions business, we are encouraged by improving market conditions following the softness experienced over the past three quarters, particularly from our two largest customers. Demand has stabilized and OEM forecasts continue to point to a recovery in the second half of the calendar year. While timing and magnitude remain difficult to predict, we expect a gradual volume improvement beginning mid to late this year. A major highlight this quarter was the successful launch of our program with ClubGuard. The launch was executed flawlessly with on-time delivery and seamless integration into their manufacturing operations. As we enter the peak recreational season, shipments are accelerating and tracking as expected. This partnership is a strong validation of our ability to scale advanced materials solutions within global OEM platforms and position us well for future expansion across Clubcar's broader product portfolio. In addition, we are pleased to report a new takeover contract award from Volvo Trucks, expected to begin in summer 2027 with annual revenue contributions of approximately $9 to $10 million Canadian. This award adds to the $40 million of contracted business we previously reported within our graphing solutions business and further strengthens our long-term revenue visibility. Turning to drilling fluids, Our strategic collaboration with Chevron Phillips Chemical continues to advance. As a reminder, the contract became effective on October 1st, 2025, with the commercial launch announced by CP Chem in mid-November, just ahead of a seasonally slower drilling period. During fiscal Q2, we shipped Tribograph to CP Chem's early adopters. More importantly, CP Chem is actively field testing NanoSlide with two major Asian oil and gas producers, shipped product to one of the world's leading oil field service companies, and initiated additional testing programs in Latin America. This is a new product launch and a new commercial relationship, which makes near-term revenue visibility inherently difficult to quantify. However, the pace of customer engagement and the expanding pipeline are in line with our expectations and underscore the strategic value of this partnership. This high-margin application not only diversifies our revenue base, but also aligns well with industry demand for performance-driven, cost-efficient solutions. In summary, Q2 represents an important inflection point for Nanoexplore. Sequential operating improvements, disciplined capital allocation, successful contract launches, and the upcoming commercialization of breakthrough technology position us well for a stronger second half. With that, I'll turn the call over to Pedro to walk you through our financial results.