Hello, and welcome to the annual meeting of shareholders of Theratechnologies. 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 same. If you disclose personal information of another person in today's meeting, you will 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. It is now my pleasure to turn today's meeting over to Mr. Paul Lévesque, CEO of Theratechnologies, and Mr. Frank Holler, Chair of the Board. Gentlemen, the floor is yours. Good morning, everyone, and welcome to the annual meeting of shareholders of Theratechnologies. Bonjour à tous et à toutes, et bienvenue à notre assemblée annuelle des actionnaires. Je m'appelle Paul Lévesque et je suis président et chef de la direction de Theratechnologies. Les personnes suivantes sont présentes à mes côtés: Frank Holler, président du conseil. Philippe Dubuc, vice-président senior et chef de la direction financière. Et Monsieur Jocelyn Laffont, conseiller juridique, en chef et secrétaire corporatif. Avant de débuter cette assemblée et de passer la parole à Frank, j'aimerais porter votre attention à quelques règles en lien avec son déroulement. My name is Paul Lévesque, and I am the President and Chief Executive Officer of Theratechnologies. Also in the room with me are Frank Holler, Chair of the Board. Philippe Dubuc, Senior Vice President and Chief Financial Officer. And Jocelyn Laffont, General Counsel and Corporate Secretary. Before beginning this meeting, I would like to summarize some of the guidelines we will be following for the orderly conduct of the meeting. The English version will follow. Cette assemblée annuelle se tiendra en anglais, vu le nombre important d'actionnaires américains qui sont présents aujourd'hui. Le vote des actionnaires inscrits et des détenteurs de procuration sur les questions soumises au vote sera comptabilisé électroniquement. Si vous avez déjà voté en utilisant un formulaire de procuration ou la carte de vote que vous avez reçue, il n'est pas nécessaire de voter à nouveau. Sachez toutefois que si vous votez à nouveau, seul le vote soumis à l'ordre de cette assemblée sera pris en compte, et vous révoquerez ainsi le vote soumis antérieurement par la procuration ou la carte de vote. La boîte des bulletins de vote électronique est ouverte, et il est maintenant possible de voter sur toutes les questions soumises à un vote, bien que vous puissiez également attendre avant de voter à ce que nous soyons rendus au point spécifique requérant un vote. Nous vous laisserons du temps après chaque question requérant un vote pour l'enregistrer. Une fois la boîte des bulletins de vote électroniquement fermée, vos votes seront enregistrés. Vous aurez l'occasion de poser des questions tout au long de la réunion en cliquant sur l'onglet Q&A, et nous ne répondrons à celles-ci qu'en fin de réunion, dans le cadre de la séance prévue à cette fin. Veuillez noter que nous ne répondrons à aucune question en lien avec la vente éventuelle de l'entreprise, telle qu'annoncée le 15 avril dernier. Toute communication sur le sujet sera faite conformément aux lois sur les valeurs mobilières applicables. Les résultats du vote seront comptabilisés par le scrutateur et seront rendus disponibles publiquement par voie de communiqué de presse après la réunion. Les résultats du vote seront également rendus disponibles sur les sites Web SEDAR+ et EDGAR. The meeting will be conducted in English, given that a large amount of U.S. shareholders have logged in to this meeting. Voting on all matters by registered shareholders and duly appointed proxy holders will be conducted by electronic ballot. If you have already voted using the proxy form or a voting information form, then no further action is required on your part. Please note that if you choose to vote again, only your vote cast during the meeting will be counted, and the vote that you submitted by proxy will be revoked. The polls are now open for all motions. This will allow you to choose to vote on each motion immediately or to wait until the conclusion of discussion prior to casting your vote. Once discussion on all items of business has concluded, we will give you some time to record your vote on the online platform in case you have not already done so, and then declare voting closed on all motions. Once the electronic balloting closes, your votes will automatically be submitted. Questions may be submitted at any time throughout the meeting using the instant messaging service of the virtual interface. Please use the Q&A tab. We will answer your questions after the meeting during the Q&A period. Please note that we will not be answering any questions relating to the potential sale process announced on April 15, 2025. Further updates on this process will be made as required pursuant to applicable securities law. The results of the votes on each business item will be compiled by the scrutineers at the end of the meeting and will be communicated by press release after the meeting. The final voting results will also be filed on the SEDAR+ and EDGAR websites. We will now proceed with today's meeting, and I will now turn the meeting over to Frank. Thank you, Paul. Good morning, everyone. It's now my turn to welcome you to this year's meeting. To expedite the meeting, I will be moving the motions, and Philippe Dubuc will second them. I confirm that we are both shareholders of the corporation. I will now ask that the annual general meeting of shareholders of the corporation comes to order. I appoint Jocelyn Laffont as Secretary of the Meeting. For the purposes of this meeting, I appoint Computershare Trust Company of Canada through its representatives as scrutineers to compute the votes on any polls taken at this meeting and to report thereon to the Secretary of the Meeting. The purposes of today's meeting are set out in the management proxy circular of the corporation dated April 30, 2025. I have been advised that the notice of the meeting, the management proxy circular, and the form of proxy or voting instruction form, as applicable, were mailed to shareholders on or about May 2, 2025, and that the audited consolidated financial statements of the corporation for the fiscal year ended November 30, 2024, and the related management discussion and analysis were mailed to shareholders of the corporation who requested such statements and the related MD&A on or around March 10, 2025. Copies of the management proxy circular and other meeting materials are also available under the corporation's website and under the corporation's profile on SEDAR+ and EDGAR. Our transfer agent, Computershare Trust Company of Canada, has attested that the proper mailing of the notice of meeting has been completed and proof of service of such mailing has been provided to me by the corporation's transfer agent. I direct that a copy of such proof of service be annexed to the minutes of this meeting. I have been advised that persons representing more than 10% of the aggregate number of votes attached to all common shares for the meeting are present or duly represented by proxy at the meeting, and therefore a quorum of shareholders of the corporation is present, and the meeting is properly called and duly constituted for the transaction of business. I have reviewed the scrutineers' report, and I direct that their formal report be annexed to the minutes of this meeting. Minutes of the 2024 annual meeting of shareholders. I have reviewed the minutes of last year's annual meeting of shareholders, and I am satisfied with their content. I propose a motion to exempt the Secretary of the Corporation from reading last year's minutes and to adopt said minutes. I second this motion. Thank you, Philippe. The first item of business on the agenda for today's meeting is the receipt of the audited consolidated financial statements of the corporation as at and for the fiscal year ended November 30, 2024, together with the auditor's report thereon. Since no vote is required on those financial statements, I ask that the Secretary of the Meeting table those documents in the record of the meeting. Election of Directors. The next item of business is the election of directors. The number of directors to be elected at the meeting is set at eight, and each director will hold office until the close of business at the next annual meeting of shareholders of the corporation following election or until his or her successor is elected or appointed. Each of the persons nominated has confirmed that he or she is prepared to serve as a director. The nominees to act as directors of the corporation for the ensuing year are Joseph Arena, Paul Lévesque, Andrew Molson, Dawn Svoronos, Elene T., Dale Weil, Jordan Zwick, and myself, Frank Holler. As explained in the management proxy circular, only the persons nominated in accordance with the corporation's advance notice by law may be proposed for election at the meeting. In this regard, I was informed before the meeting that no other nominations were received in accordance with this advance notice by law. To date, more than 52% of the common shares present or represented by proxy at the meeting have been voted for those nominees, and the percentage of vote received for each of them was collected by the transfer agent before the meeting. I propose a motion for the nomination of each of the following persons as director of the corporation: Joseph Arena, 84.03% of votes received, Paul Lévesque, 78.1% of votes received, Andrew Molson, 78.25% of votes received, Dawn Svoronos, 77.98% of votes received, Elene T., 78.65% of votes received, Dale Weil, 78.01% of votes received, Jordan Zwick, 80.52%, and myself, Frank Holler, 78.35% of votes received. I second this motion. Thank you, Philippe. We will now move to the next item of business while votes are being cast: appointment of auditors. The next item of business is the appointment of the auditors of the corporation for the ensuing year and the authorization that compensation for their services be determined by the board of directors of the corporation. The corporation recommends that KPMG Chartered Professional Accountants be appointed as the auditors of the corporation for the current fiscal year. To date, more than 52% of the common shares present or represented by proxy at the meeting have been voted, and 94.99% of those votes received before the meeting were cast for the appointment of KPMG as auditors of the corporation and to authorize the directors to set their compensation. I now propose a motion for the appointment of KPMG as auditors of the corporation and to authorize the directors to set their compensation. I second this motion. Thank you, Philippe. We will now move to the next item of business while votes are being cast: passing of Resolution 2025-1. The next item of business is the passing of Resolution 2025-1, approving the omnibus long-term incentive compensation plan of the corporation. As mentioned in the management proxy circular, the corporation desires to implement an omnibus long-term incentive compensation plan for its directors, officers, and employees to allow for the grant of a variety of equity-linked securities, providing the board with more flexibility on the types of grants that could be made. To date, more than 52% of the issued and outstanding common shares have been voted, and 69.58% of those votes were cast for the passing of Resolution 2025-1. I therefore propose a motion for the passing of Resolution 2025-1. I second this motion. Thank you, Philippe. We will now await a brief moment to allow registered shareholders and duly appointed proxy holders to submit their vote on business matters requiring this vote. The polls are now closed. I have been advised by the scrutineers that the ballots and proxies deposited for the meeting have been voted in favor of all business matters identified in the notice of meeting. I thus declare the election of each of the directors of the corporation proposed in the management proxy circular for the ensuing year, the appointment of KPMG as the auditors of the corporation for the ensuing year, and the authorization of the directors of the corporation to set their compensation, and the passing of Resolution 2025-1, approving the implementation of an omnibus long-term incentive compensation plan of the corporation. I direct that the results of the poll be included in the minutes of this meeting and that the voting results be announced in a press release in accordance with the policies of the Toronto Stock Exchange and filed on the SEDAR+ and EDGAR websites. We have now completed the legal part of the meeting, and we will answer any questions. I ask that anyone who would like to ask a question use the instant messaging feature of the virtual interface to do so. A member of the management team or myself, as appropriate, will respond. We will answer as many questions as time permits. Please limit your questions to topics related to today's subject matter and keep your questions short and to the point. Again, we will not answer any questions related to the sale process. We will now give you a moment to type in your questions. As there are no questions, this concludes today's agenda. Thank you for attending today's meeting and for your support of Theratechnologies. This concludes the meeting. You may now disconnect.