Standard Lithium Ltd.

Ladies and gentlemen, thank you for standing by. Welcome to Standard Lithium's second quarter 2026 conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a brief question and answer session. If you would like to ask a question, please press star 1 to raise your hand. To withdraw your question, press star 1 again. It is now my pleasure to turn today's call over to Daniel Rosen, VP of IR and Strategy for Standard Lithium. Please go ahead.

Thank you and welcome everyone. I'm joined today by David Park, our CEO and Director, Andy Robinson, President, COO and Director, Salah Gamoudi, Chief Financial Officer, and Mike Barman, Chief Development Officer. Before we begin, I would like to start with a reminder that some of the statements made during our call today, including any related to company performance, expectations, and timing of projects may constitute forward-looking statements. Please note the cautionary language about forward-looking statements contained in our press release, which also applies to this call. I will now turn the call over to David.

Thanks, Dan. I appreciate everyone joining us today. We had a very productive second quarter and year to date as we continue to advance the important milestones and deliverables required in order for us to move our Southwest Arkansas project to a final investment decision later this year. To begin the year, we laid out the four primary deliverables required to be completed before taking FID. Executing our key construction contracts, completing a federal environmental review under the National Environmental Policy Act or NEPA, finalizing our customer offtake agreements, and securing project financing. During the second quarter, we fully completed the first two of these objectives while continuing to advance the remaining two. We signed our two primary construction vendor agreements, separately covering the upstream wellfield and the downstream central processing facility. And the U.S. Department of Energy concluded its NEPA review process with a finding of no significant impact and no additional mitigation measures or conditions put in place for us to proceed. These are very important milestones that were many months in the making. Together, they provide greater execution confidence, schedule visibility, and regulatory clarity as we prepare to move rapidly from development into construction. They also reflect the depth and quality of the work completed by our team alongside our partner, Equinor, while strengthening our first mover advantage in the smack over. Our focus is now on finalizing the two key remaining work streams. customer offtake and project financing. The partnership remains in advanced discussions with several prospective customers and aims to conclude all remaining offtake agreements in the third quarter, which will help to finalize the size and structure of the Southwest Arkansas project debt. Both processes are steadily progressing in parallel. Our expectations for this year remain unchanged to approve FID and begin construction at the SWA project, resulting in first commercial production of battery quality lithium carbonate in 2029. We're also continuing to advance our broader set of opportunities in East Texas. We plan to release a preliminary economic assessment for the Franklin project in the third quarter. while continuing to improve our resource definition and expand our leasehold position across the region. With that, I'll pass it over to Andy to discuss our progress in more detail.