8/6/2026

speaker
Valter Pinto
Managing Director, KCSA Strategic Communications

Good afternoon.

speaker
Operator
Conference Operator

I will be your conference operator today. At this time, I would like to welcome everyone to the Terrasund Second Quarter 2026 Financial Results Conference Call. I would now like to turn the call over to Valter Pinto, Managing Director of KCSA Strategic Communications, for introductions. Please go ahead.

speaker
Valter Pinto
Managing Director, KCSA Strategic Communications

Thank you, operator, and good afternoon. Welcome to the Terrasund Second Quarter 2026 Financial Results Conference Call. Joining us for today's call is Jason Wild, Executive Chairman, Ziad Ghanem, President and Chief Executive Officer, and Eric Jackson, Chief Financial Officer. Our remarks today include forward-looking statements, including statements with respect to the company's outlook, including the company's expected financial results for the second quarter of 2026 and for future periods, including the third quarter of 2026, and the estimates and assumptions relating thereto. The company's expectations regarding its growth prospects in new and existing markets, such as Ohio and New Jersey, its M&A strategy, the company's share repurchase program and capital allocation priorities, the proposed share consolidation and special meeting of shareholders, the company's plans regarding a potential uplisting to a U.S. exchange, and the expectations regarding regulatory reform, including hemp regulation, and the potential benefits thereof. Each forward-looking statement discussed in today's call is subject to risks and uncertainties that could cause actual results that differ materially from those projected in such statements. Actual results and the timing of certain events may differ materially from the results or timing predicted or implied by such forward-looking statements, and reported results should not be considered as an indication of future performance. Additional information regarding these factors appear under the heading Risk Factors in the company's Form 10-K, filed with the Securities and Exchange Commission, and other filings that the company makes with the SEC from time to time, which are available at sec.gov, on CDAR+, and the company's website at terrasend.com. The forward-looking statements in this call speak as of today's date, and the company undertakes no obligation to update or revise any of these statements. Also, during the call, the company may present both GAAP and non-GAAP financial measures. The reconciliation of non-GAAP to GAAP measures is included in today's earnings press release and our quarterly report on Form 10-Q with the quarter ended June 30th, 2026, which you can find in the company's investor relations website or on the SEC and CDAR Plus websites. I'd now like to introduce Mr. Jason Wild. Please go ahead, Jason.

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