WildBrain Ltd.

Thank you for standing by. This is the conference operator. Welcome to Wildbrain's fiscal 2026 third quarter earnings conference call. As a reminder, all participants are in listen-only mode and the conference is being recorded. After the presentation, there will be an opportunity to ask questions. To join the question queue, you may press star then one on your telephone keypad. Should you need assistance during the conference call, you may reach an operator by pressing star then zero. I would now like to turn the conference over to Kathleen Persaud, VP of Investor Relations. Please go ahead.

Thank you, Operator, and thank you, everyone, for joining us today for Well-Ranged Third Quarter 2026 earnings call. Joining me today are Josh Sherbaugh, our President and CEO, and Nick Ghosn, our CFO. Before we begin, please note the matters discussed on this call include forward-looking statements under applicable securities laws. which reflects Wildbrain's current expectations of future events. Such statements are based on a number of factors and assumptions that management believes are reasonable at the time they were made and information currently available. Many of these factors and assumptions are subject to risks and uncertainties beyond Wildbrain's control, which could cause actual results and events to differ materially from those that are disclosed or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to, changes in general economic, business, and political conditions. WildBrain undertakes no obligation to update such forward-looking information, whether as a result of new information, future events, or otherwise, except as expressly required by applicable law. Please note, all currency numbers are in Canadian dollars unless otherwise stated. After our remarks, we will open the call for questions. I'll now turn the call over to our President and CEO, Joshua.

Thank you for joining us today. Over the past year, we've taken meaningful steps to strengthen Wildbrain's financial position, sharpen our strategic focus, and build momentum across our core growth businesses. We completed the sale of our interest in peanuts at an attractive valuation and used the proceeds to fully repay our corporate term debt. The growth of peanuts during our ownership period demonstrated the strength of our franchise playbook, showing that when we combine content, digital distribution, and consumer products licensing, we can drive meaningful long-term brand expansion. Using this playbook, we continue to build momentum across key franchises like Strawberry Shortcake and Teletubbies. At the same time, we've expanded Wildbrain CPLG through new and deeper partnerships with leading global brands. We've also further scaled the Wildbrain network to more than 1,000 channels. That's doubled from last year. Today, the network generates over 17 billion viewing minutes every month across YouTube, FAST, and AVOD platforms. With a stronger balance sheet, we also launched our NCIP program in April. And most recently, we recalibrated our operations and management team around our three core pillars, franchise and global licensing, content, and the Wild Brain Network, which Nick will speak to shortly in relation to plan changes to our reporting structure. As a result of these many actions taken over the past year, we're now operating from a position of strength, with a more focused business and the resources to invest confidently in our future. Across the business, we're seeing encouraging signs of progress. Our core franchises continue to perform very well, our content is resonating with fans, our global licensing business is delivering strong growth, and we are taking clear steps, including the launch of new technology solutions to strengthen the scale, efficiency, and monetization capabilities of our network. While parts of the business continue to reflect broader market and platform dynamics, we're executing against a clear plan to support long-term value creation. Starting with our franchise and global licensing business, this continues to be a key driver of growth for the company. And importantly, we're seeing that growth come to life in tangible commercial momentum. Beginning with Strawberry Shortcake, the brand continues to expand globally, driven by a combination of retail expansion, experiential activations, and strong fan engagement. Over the past quarter, we've seen the brand show up in highly differentiated ways. At FAO Schwartz in New York, Strawberry Shortcake was featured in a dedicated in-store activation that generated strong consumer engagement and visibility. The brand also debuted at the Cake Picnic, a global community-driven event that generated organic buzz and social engagement around a simple but highly shareable concept. And most recently, Strawberry Shortcake was featured at the Flowers and Gardens Festival in Mexico City, one of the city's most prominent annual events, further reinforcing the brand's ability to connect with audiences in culturally relevant ways. What's important here is not just the individual activations, but what they represent. We're seeing the brand extend beyond content into real-world experiences that drive awareness, multi-generational fandom, and ultimately licensing and retail performance. Strawberry Shortcake also made a strong impression at this year's New York Toy Fair, generating encouraging retailer engagement and strong early response to the social launches of Strawberry Shortcake Monopoly and Candyland with Hasbro. where we saw high click-to-purchase conversion rates. The event provided another important platform to deepen retail relationships, showcase new product lines and support future licensing opportunities across key categories. In retail, recent launches continue to demonstrate strong consumer demand and healthy sell-through momentum across multiple categories and territories, with several programs outperforming internal expectations and supporting expanded retail placements and additional product development opportunities. Recent examples include the new Jazzwares launch, which ranked among the top performing SKUs in its category at Walmart, and the Goody Two Sleeves collaboration, where the Old Navy exclusive performed as a bestseller online. The continued strong retail performance of Strawberry Shortcake is also strengthening confidence amongst our growing roster of partners, contributing to an expanding pipeline of opportunities and positioning the brand for continued growth in the years ahead. Turning to Teletubbies, we're seeing a similar story of global reach and engagement combined with local market relevance. Ahead of the brand's 30th anniversary, Teletubbies continues to build traction through new licensing collaborations, live experiences, and retail activations designed to expand audience engagement and support long-term franchise growth. During the quarter, we spent time in China where we continue to see strong affinity for the brand. Teletubbies holds a unique place in the market, having been one of the first Western preschool series to air on national broadcaster CCTV. While in market, we presented our strategy for the next phase of the franchise to a broad audience of local partners and industry participants, with a particular focus on how we are evolving the brand for Chinese audiences through locally relevant storytelling and creative development. The response was extremely encouraging, and it reinforced our belief in the long-term opportunity for the brand in the region. Building on that foundation, we have launched Teletubbies Come to Play, a new series exclusively produced with iQiyi, one of the largest streamers in the country, created specifically for the Chinese market. The series, which is designed to inspire kids to come out and play, connect with their friends, and build real-world connections, stays true to the core attributes of the brand while incorporating local themes and cultural relevance. This reflects the strength of our franchise-led business model, combining globally recognized IP with local market expertise to unlock new growth opportunities. Teletubbies also continues to demonstrate the value of Wildbrain's global digital distribution network and capabilities. With YouTube organic search views increasing over 30% year over year, and total social followers growing 20%, reflecting sustained global fan engagement across platforms. Across both Strawberry Shortcake and Teletubbies, we are seeing increased momentum in licensing, retail, and consumer engagement, which is translating into strong financial performance in our franchises. At the same time, Walgreens CPLG delivered another strong quarter, with growth across all regions, driven by both our own brands and key partners, including Peanuts. During the quarter, we expanded our long-standing relationship with Dr. Seuss Enterprises to accelerate the strategic growth of its portfolio internationally, reinforcing our role as a trusted global partner for iconic brands. We were also appointed by Sega and Rovio Entertainment as the licensing agent for Angry Birds across Europe, the Middle East, and Korea. further strengthening our presence in key international markets and adding another globally recognized franchise to our platform. These partnerships highlight a key differentiator for Wellbrain. In addition to building our own IP, we are increasingly the partner of choice for leading brand owners looking to scale their franchises globally. What sets us apart is our ability to combine franchise strategy, creative development, digital engagement, and global licensing capabilities under one integrated model. This allows us to build brands more effectively across multiple touchpoints and geographies. Overall, the performance we're seeing reinforces our strategy of focusing on franchise-led growth and highlights the long-term potential of both our own and partner brands as we continue to scale globally. Turning to content, the quarter reflects the natural variability of production timing and mix within the business. As Nick will discuss in more detail, the quarter was impacted by the timing of productions compared to last year, along with a greater mix of feature work, which tends to carry a different margin profile than series production. At the same time, our digital studio continued to expand our digital first content strategy with the launch of the very best baking show, a new strawberry shortcake live action animated hybrid series designed to deepen fan engagement, expand audience reach, and support long-term licensing and consumer products growth. The new series marks the beginning of a rollout of 38 episodes of all new Strawberry Shortcake content planned for calendar 2026, dubbed into nine languages to support key international markets. Importantly, the underlying demand for our premium production services remains strong. We continue to see opportunities across both proprietary and partner projects including high-quality work coming out of our animation studios and digital production teams. We've also taken steps to better align our content organization by bringing creative vision, development, production, and sales closer together under a unified management structure across both Wildbrain Studios and our pre-production business, House of Cool. This creates a tighter feedback loop with the market and positions us to move faster and more effectively in securing and delivering new projects. Over time, this more integrated approach will help drive greater consistency, quality, and scalability in the business. Turning to audience engagement, which we will refer to as Wild Brain Network going forward, performance this quarter reflects both continued strength in digital engagement and ongoing platform-related headwinds. More broadly, we operate one of the largest kids and family networks globally, spanning more than 1,000 channels across YouTube, Fast, and AVOD platforms. generating over 17 billion minutes of viewing each month while viewing is increasingly fragmented we see this as an opportunity our network is designed to aggregate that audience into a scaled unified offering which we think of as the new kids tv on youtube we saw positive momentum particularly with our own brands strawberry shortcake and teletubbies both of which delivered year-over-year watch time growth, supported by investments in tools that are increasing both the scale and efficiency of our channel operations. As we navigate this transition, we are increasingly focused on building the network around our owned IP, strengthening the connection between content, audience, and monetization. Importantly, our network is built to be a trusted, brand-safe environment for kids and families, which is a key differentiator for advertisers. Our media solutions team continues to expand direct advertising relationships by leveraging the scale of the Wildbrain network to deliver targeted kids and family audiences across YouTube, FAST, and AVOD platforms. Over time, we believe the scale of this audience combined with their data and direct sales capabilities positions us to drive meaningful growth and monetization. So stepping back, we're seeing strong performance in our franchise and licensing businesses. continued opportunity from growth in content, and a network business that we are actively evolving to better capture long-term value. Just as importantly, we've aligned our structure around these core areas, simplifying how we operate and positioning the company to execute more effectively. With that, I'll turn it over to Nick to walk through the financials in more detail.