WildBrain Ltd. (WILD:CA) Discusses Sale of Peanuts Stake to Sony and Strategic Refocus for Profitable Growth Prepared Remarks Transcript

Kathleen Persaud
Vice President of Investor Relations

Good morning, and thank you, everyone, for joining us today for WildBrain Special Call to discuss our recently announced transaction with Sony.

Joining me today are Josh Scherba, our President and CEO; and Nick Gawne, our CFO.

Before we begin, please note that the matters discussed on this call include forward-looking statements within the meaning of applicable securities laws. These statements reflect WildBrain’s current expectations regarding future events, including the integrated benefits of the transaction, our post-transaction strategy, capital allocation priorities and financial profile.

Forward-looking statements are based on a number of assumptions that management believes are reasonable at this time as well as information currently available. However, these statements are subject to risks and uncertainties. many of which are beyond WildBrain’s control, and actual results may differ materially from those expressed or implied. These risks include, but are not limited to, the completion of the transaction on expected terms and timing, onetime impacts associated with the transaction, changes in general economic, business and market conditions and other risk factors described in our public filings.

WildBrain undertakes no obligation to update forward-looking statements, except as required by applicable law. Please note that all currency amounts discussed today are in Canadian dollars, unless otherwise stated.

I will now turn the call over to our President and CEO, Josh Scherba.

Josh Scherba
President, CEO & Director

Good morning, everyone, and thank you for joining us today. We are pleased to walk you through the details of our announced transaction with Sony and outline what