Pieridae Energy Limited

Good day, ladies and gentlemen, and welcome to the Para Day Energy Annual General Meeting and Q1 2024 Financial Results Conference Call. Please be advised that today's conference is being recorded and at this time all participants are in a listen-only mode. Following the formal business of the meeting and management presentation, we will conduct a question and answer session. If you have a question and you are viewing on webcast, please use the ask a question button in the top right-hand corner to type your question in at any time during the presentation. If you are participating via telephone and would like to ask a question, please dial star 11 at any time. You will then be in the queue for the question and answer session at the end of the call. I will now turn the meeting over to Mr. Dallas McConnell, Vice President of Corporate Finance. Please go ahead, Mr. McConnell.

Thank you, Victor. Hello and welcome to the annual meeting of shareholders of Paraday Energy Limited. My name is Dallas McConnell and I am the VP of Corporate Finance for Paraday and I will be the moderator for today's meeting. Before commencing, we would like to acknowledge our operations are in Treaty 6, Treaty 7 and Treaty 8 Territory, the ancestral and traditional territory of many First Nations, the many districts within the Peace River Territory, the North Saskatchewan River Territory and the Battle River Territory of the Otepemeswak Métis Government of the Métis Nation of Alberta and the Northeast Region 7 in the Métis Nation of British Columbia. We recognize the land as an act of reconciliation and gratitude to those whose territory we reside in. I would now like to take this opportunity to review the logistics for today's meeting. In addition to the in-person portion of this meeting, We are being streamed by live audio webcast and telephone. Participants attending via the webcast or telephone may listen to the meeting and ask questions, but will not be able to vote on items of business. Only registered shareholders of record as of March 25, 2024, and duly appointed proxy holders present in person at this meeting are entitled to vote on items of business. The procedure for asking questions will be addressed at the outset of the meeting. Please note that today's meeting is being recorded, and if you participate and disclose personal information, you will be deemed to consent to the recording, transfer, and use of same. If you disclose personal information of another person in today's meeting, you will be deemed to represent and warrant that you first obtained all required consent for that disclosure, recording, transfer, and use of such personal information from all appropriate persons before your disclosure. It is now my pleasure to turn today's meeting over to Patricia McLeod, Chair of the Board of Directors for Paraday. Patty?

Thank you, Mr. McConnell. Good afternoon, and welcome to the 2024 Annual Meeting of the Shareholders of Paraday Energy Limited. My name is Patricia McLeod, and I am the Chair of the Board of Directors for the Corporation, and I will act as your Chair for today's AGM. Before we proceed with the formal business of the meeting, I would like to take a moment to introduce the other directors of the corporation, as well as all senior officers of the corporation, all of whom are participating in this meeting. The directors and director nominees include Charles Boulanger, Richard Couillard, Doug Dreisinger, Gail Harding, Andrew Judson, myself, Kiran Singh, and Darcy Redding. Mr. Redding also serves as the corporation's president and chief executive officer. The other senior officers of the corporation are John Emery, chief operating officer, Adam Gray, chief financial officer, and Paul Kunkel, chief commercial officer. Darcy Redding and Adam Gray will provide a corporate presentation on the corporation's 2024 Q1 financial results following the formal segment of today's annual general meeting of shareholders. I invite you to stay for their presentations. We will now proceed with the formal part of the AGM. The meeting of shareholders of the corporation will now come to order. In accordance with the bylaws of Parity Energy Limited, I will preside as chair of this meeting. Michelle Coos, the corporation's general counsel and corporate secretary, will act as recording secretary of the meeting. Thank you, Michelle, for agreeing to act in such capacity. Paul Bedard, the corporation's representative with Odyssey Trust Company, will act as scrutineer for the meeting. to report on the shareholders participating in person and the number of shares represented in person or by proxy at the meeting and to compute votes on any poll taken at the meeting or any adjournment thereof and to report there on to the chair. Thank you, Mr. Bedard for agreeing to act in this capacity. The notice calling this annual meeting of shareholders was sent on April 9th, 2024 to all shareholders of record as of March 25th, 2024, being the record date of the meeting and to intermediaries as required by securities legislation. A declaration as to such distribution is available for inspection by any shareholder. The meeting will append the declaration as a schedule to the minutes of the meeting. The notice calling this meeting was also sent to the directors of the corporation and to Ernst & Young LLP as auditors of the corporation in accordance with the Canada Business Corporations Act. Pursuant to the corporation's bylaws, business may only be transacted at this meeting if two people Holding or representing by proxy at least 5% of the shares entitled to vote are present. I will now confirm with the scrutineer whether we have quorum. Mr. Bedard, do we have quorum?