Operator

Good morning, and welcome to the RYAM First Quarter 2026 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. I would now like to turn the call over to your host, Daniel Bradley, Vice President of Investor Relations. Thank you. Mr. Bradley, you may begin.

Daniel Bradley

Good morning, and welcome to RYAM's First Quarter 2026 Earnings Conference Call. Joining me today is Marcus Moeltner, our CFO and Senior Vice President of Finance and a member of our Interim Office of the CEO. Last evening, we released our earnings report and accompanying presentation materials, which are available on our website at ryam.com. These materials provide key insights into our financial performance and strategic direction.

During today's discussion, we may make forward-looking statements subject to risks and uncertainties that could cause actual results to differ materially. These risks are outlined in our earnings release, SEC filings and on Slide 2 of the presentation. We will also reference certain non-GAAP financial measures to offer additional perspective on our operational performance. Reconciliations of the most comparable GAAP measures can be found in our presentation on Slides 19 through 21. We appreciate your participation today and your ongoing interest in RYAM. I'll now turn the call over to Marcus.

Marcus Moeltner
CFO & Senior VP of Finance

Thanks, Daniel. Good morning, everyone, and thank you for joining us. Before I turn to the quarter, I want to begin on Slide 4 and address the announcements we made on April 20. As disclosed, a