Operator

Thank you for standing by. This is the conference operator. Welcome to the Cameco Corporation First Quarter 2026 Results Conference Call. [Operator Instructions] The conference is being recorded. [Operator Instructions] The Q&A session will conclude at 9:00 a.m. Eastern Time. I would now like to turn the conference over to Cory Kos, Vice President, Investor Relations. Please go ahead.

Cory Kos
Vice-President of Investor Relations

Thank you, operator, and good morning, everyone. Welcome to Cameco's First Quarter 2026 Conference Call. I'd like to acknowledge that we are speaking from our corporate office in Saskatoon, Saskatchewan, Canada, which is on Treaty 6 territory, the traditional territory of the Creek people and the Homeland of the Metis. I would also like to note that today is May 5, which is Red Dress Day here in Canada, honoring the lives of missing and murdered indigenous women, girls and two-spirit people. It is a day to raise awareness, strengthen understanding and commit to continued action grounded in respect and responsibility. With us on today's call are Tim Gitzel, Chief Executive Officer; Grant Isaac, President and Chief Operating Officer; Heidi Shockey, Senior Vice President and Chief Financial Officer; and Rachelle Girard, Senior Vice President and Chief Corporate Officer. Tim will provide some commentary to start the call, and we will open it up for your questions.