Transcontinental Inc.

Welcome to the TC Transcontinental Earnings Conference Call. After management's remarks, we will conduct a question and answer session, and instructions will be provided at that time. As a reminder, this conference is being recorded today, September 9, 2026. I would like to turn the conference over to Yan Lapointe, Senior Director, Investor Relations and Treasury. I would now like to give the floor to Yan Lapointe, Director of Relations with Investors and Treasuries. Mr. Lapointe, please go ahead.

Thank you, Sylvie, and good afternoon, everyone on the call. Welcome to Constantinopoulos' third quarter of fiscal 2026 earnings call. Before we begin, please note that you can find on our website our quarterly report, including financial statements and related notes, as well as the slides supporting management's remarks. A replay of this conference call will also be available on our website shortly after a call. We have with us today our Chief Executive Officer, Sam Bendavid, and our Executive Vice President and Chief Financial Officer, Donald LeCavalier. As referenced on slide two, some of the financial measures discussed over the course of this conference call are non-IFRS. You can refer to the MD&A for a definition and reconciliation of these measures to IFRS. In addition, this conference call might also contain forward-looking statements. These statements are based on the current expectations of management and information available as of today. Forward-looking statements also involve numerous risks and uncertainties, known and unknown. The risks, uncertainties, and other factors that could influence actual results are described in the fiscal 2025 annual MD&E and in the annual information form. With that, I will turn the call over to Sam.

Thank you, Yan, and good afternoon, everyone. Our improved third quarter performance reinforces our confidence in our ability to close fiscal 2026 in line with our financial outlook. In retail services and printing, two highlights are particularly noteworthy. First, our ISM and specialty business delivered revenue and profitability growth over and above the contribution from recent acquisitions. Integration is progressing ahead of plan. We have completed the consolidation of our operations into our existing platforms, and we continue to capture synergies that are supporting margin expansion. Second, we successfully completed the nationwide rollout of radar in mid-June, with strong participation from both existing and new customers. This represents a significant milestone and strengthens our retail services offering through this cost-effective national mass media platform. With national coverage now in place, the distribution build-out is complete, and the revenue opportunity lies ahead. Every week, radar is delivered to approximately three in four Canadian households, a reach that is hard to rival in today's media landscape. We are encouraged by advertisers' interest, particularly among retailers in grocery, pharmacy, and home improvement. I also want to acknowledge the strong execution of our many teams involved in the launch, expanding from roughly 5 million to more than 11 million households in a single step. that was a significant operational undertaking. Our team executed with discipline and delivered. In books and education, the slight decrease in revenue was related to the timing of orders, which we expect to recover in the fourth quarter. Looking ahead, we remained focused and disciplined on commercial execution, cost management, operational efficiency, and technology initiatives, including AI-enabled projects that support long-term productivity and growth. Our transformation continues to build momentum, and the progress we're making across the organization gives us confidence in our ability to deliver. With that, I turn it over to Danal to review our financial performance in more detail.