Operator

Ladies and gentlemen, thank you for standing by. Welcome to the Tel-Aviv Stock Exchange Q1 2026 Results Conference Call. [Operator Instructions]

As a reminder, this conference is being recorded May 12, 2026. The recording will be publicly available on the TASE website.

With us online today are Mr. Ittai Ben-Zeev, CEO; and Mr. Yehuda Ben-Ezra, CFO.

Before I turn the call over to Mr. Ittai Ben-Zeev, I would like to remind everyone that this conference is not a substitute for reviewing the company's annual financial statements, quarterly financial statements and interim report for the first quarter of 2026, in which full and precise information is presented and may contain, inter alia, forward-looking statements in accordance to Section 32A of Securities Law 1968.

In addition to IFRS reporting, we might mention certain financial measures that do not conform to generally-accepted accounting principles. Such non-GAAP measures are not intended in any manner to serve as substitute for our financial results. However, we believe that they provide additional insight for a better understanding of our business performance. Reconciliations between these non-GAAP measures and the most comparable related GAAP measures are included in tables that can be found in our earnings press release and in the slide presentation accompanying this call. Both can be accessed on the English MAYA site and in the Investor Relations portion of our website at ir.tase.co.il/en.

Mr. Ben-Zeev, would you like to begin?

Ittai Ben-Zeev
Chief Executive Officer

Good evening, Israel time, everyone, and thank you for joining us today. I'm happy to host