This demonstrates disciplined expense management amid ongoing inflationary pressures. This result also reflects a lower than expected provision for variable compensation, as well as the timing of certain corporate initiatives, resulting in a temporary deferral of related expenses.

May 6, 2026 / CFO / receipt, needs a key / Eric Jobin, CFO | earnings call 2026-05-06 | transcript c5b1a0c7-4a5a-4567-8707-bc449725bea2 | chars 16929-17210 | segment 17