Operator

Greetings, welcome to Pet Valu Holdings Ltd. Annual General Meeting of Shareholders. [Operator Instructions]

Please note this conference is being recorded. I will now turn the conference over to your host, Chairman of Pet Valu Holdings Limited, Anthony Truesdale. Please go ahead, Mr. Truesdale.

Anthony Truesdale

Good afternoon. Welcome to the company's Annual General Meeting of Shareholders for 2026. We are conducting today's meeting as a virtual meeting. Our meeting will consist of a brief agenda of formal items, including the setting of the number of directors for the ensuing year, the election of directors, the appointment of our auditor and the advisory resolution on the company's approach to executive compensation.

Following the formal business of the meeting, there will be a corporate presentation and a more general Q&A session. Catherine Johnston, Secretary of the company, will begin by describing how we will conduct the meeting. Then I will take us through the official business portion of the meeting.

Catherine Johnston
Chief Legal Officer, General Counsel & Secretary

Thank you, Tony. Good afternoon, everyone. As the conference operator advised at the beginning of this meeting, if you have a question or wish to make an objection at any point, click on the messaging tab and type your question and confirm you are a registered holder of common shares of the company or a valid proxy holder.

We will read the questions pertaining to the business of the meeting aloud at the appropriate time. along with the name of the person submitting the question so that all attendees can hear the inquiry. Tony or I will then address