James Riddell
Chairman, President & CEO

Okay. Good morning, ladies and gentlemen. I'd like to welcome everyone to Paramount's 2026 Annual General Meeting of Shareholders. My name is Jim Riddell. I'm the President, Chief Executive Officer and Chairman of Paramount, and I'll be chairing today's meeting. We'll first hold the formal part of the meeting, and I will then give a presentation to update you on the company's operations.

Before I begin, I'd like to acknowledge and thank the directors of Paramount who are all in attendance today and seated in the front row. I would also like to introduce our new nominee, Curtis Stange. He's put his hand up in the front there. Thanks to Curtis for joining our merry team.

I'll now call the meeting to order. I'd ask Mark Franko, our Corporate Secretary, to act as Secretary of the meeting; and Jacquie Fisher of Odyssey Trust Company to act as scrutineer. A notice of meeting and information circular dated March 30 was sent to all shareholders in advance of the meeting. I direct the notice of meeting to be attached to the minutes of this meeting. I've been advised by the scrutineer that a quorum of shareholders is present. I direct the scrutineers' report on quorum to be attached to the minutes of the meeting as well. Due notice having been given and a quorum being present, I declare the meeting to be regularly called and properly constituted for the transaction of business.

Items of business and voting. There are 3 items of business to be considered at today's meeting, the presentation of the 2025 financial statements, the election of directors and