Operator

Hello, and welcome to the Annual Meeting of Shareholders of Magellan Aerospace Corporation. Please note that today's meeting is being recorded.

If you participate in today's meeting and disclose personal information, you will be deemed to consent to the recording, transfer and use of the same. If you disclose personal information of another person in today's meeting, you'll be deemed to represent and warrant to Computershare and the corporation that you first obtained all required consent for the disclosure, recording, transfer and use of such personal information from all appropriate persons before your disclosure.

During the meeting we will have a question-and-answer session. [Operator Instructions]

It is now my pleasure to turn today's meeting over to Murray Edwards, Chairman. Mr. Edwards, the floor is yours.

Norman Edwards
Executive Chairman

Thank you very much. Good afternoon, ladies and gentlemen. I am Murray Edwards. And as Chairman of Magellan Aerospace, I'd like to welcome you to our 2026 Annual Meeting.

The meeting will now come to order. I will ask Elena Milantoni, Corporate Secretary of the Corporation, to act as Secretary of the Meeting; and Josette Koffyberg, representative of Computershare Investor Services to act scrutineer.

In order to ensure that the formal business proceeds efficiently, we have asked certain employee shareholders to make and second motions. This is designed to facilitate the progression of the meeting and is not intended to discourage comments.

The meeting has certain forward-looking statements. And as such, before we begin, we'd like to remind everyone that, in our remarks today, we'll make statements about information that are not historically factual information. This