Operator

Good afternoon, and welcome to the 2026 Annual Meeting of Shareholders of Canfor Corporation. Please note that the meeting is being recorded. I would like to introduce John Baird, Director and Chairman of the Board and Chair of today's meeting. Mr. Baird, the floor is yours.

John Baird

Good afternoon. It's now 12 noon, and I would like to ask this meeting to please come to order. I will be acting as Chairman for this meeting. I'm very pleased to extend a warm welcome to all of you today for Canfor Corporation's 44th AGM. Please ensure you remain connected to the Internet during the course of this meeting. If you need technical systems, please see the section entitled Voting Process and Meeting Technical Assistance and the management information circular respecting this meeting.

This meeting has been convened as the Annual General Meeting of Shareholders has been called for the principal purposes of receiving the consolidated financial statements for the year ended December 31, 2025, together with the auditor's report and the report of the directors to the shareholders. Fixing the number of directors at 10, electing the directors for the coming year and appointing the auditors for the coming year.

I've asked Pat Elliott, Chief Financial Officer and Corporate Secretary to act as Secretary of this meeting. I would now like to introduce you to the other directors of Canfor Corporation joining us at this meeting. Ryan Barrington-Foote, Cheryl Yaremko, Santhe Dahl, Dieter Jentsch, Dallas Ross, Frederick T. Stimpson, Sander Stuart, Dianne Watts, and Susan Yurkovich. They have all worked diligently and effectively with the management team at Canfor, and we appreciate their wise counsel.