Saputo Inc.

Hello, and welcome to the Spudos Third Quarter Fiscal 2026 Financial Results Call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star, followed by the number one on your telephone keypad. If you would like to withdraw your question, simply press star one again. I'll now turn the conference over to Nick Estrella, Head of Investor Relations. Please go ahead.

Thank you, JL. Good morning and welcome to our third quarter fiscal 2026 earnings call. Our speakers today will be Carl Kalitsa, President and Chief Executive Officer, and Maxim Teryin, Chief Financial Officer and Secretary. Before we begin, I'd like to remind you that this webcast and conference call are being recorded and the webcast will be posted on our website along with the third quarter investor presentation. Please also note that some of the statements provided during this call are forward-looking. Such statements are based on assumptions that are subject to risks and uncertainties. We refer to our cautionary statements regarding forward-looking information in our annual report, press releases, and filings. Please treat any forward-looking information with caution as our actual results could differ materially. We do not accept any obligation to update this information except as required under securities legislation. I'll now hand it over to Carl.

Thank you, Nick, and good morning, everyone. This quarter was a powerful reminder of the impact of disciplined execution and a clear strategy. Across the company, teams stayed focused on what matters most, customer service excellence, strengthening our operations, and advancing the initiatives shaping our future. Commercial momentum was strong as we continued to deepen customer relationships, solidified our presence in key categories, and sharpened innovation and brand building. We are getting more of the right products in the right markets and reinforcing the relevance and reach of our portfolio. At the same time, the operational foundation of our business is also growing stronger. Capital investments made over the past several years are translating into a more efficient and reliable network, one that supports consistent fulfillment as well as flexibility to respond to shifting market dynamics. Coupled with disciplined cost management and resource allocation, these improvements drove meaningful margin progress in the quarter. Our global export markets, we benefited from a favorable relationship between selling prices and milk costs. In domestic markets, we navigated inflationary pressures through ongoing responsible pricing actions while maintaining customer confidence. Finally, I want to highlight our strong cash generation this quarter. Commercial execution, an efficient operating network, and prudent cost management translated into robust cash flow delivery. This reinforces the financial flexibility supporting our long-term strategy. We also continue to repurchase shares, returning capital to shareholders while increasing capacity to invest in our future. I will now turn the call over to Max for the financial review before providing concluding remarks.