It has been announced that Saoirse Ronan and Brie Larson will be sharing the award for Outstanding Performer of the Year at Santa Barbara International Film Festival!

The ‘Room’ and ‘Brooklyn’ stars, respectively, were previously honored with the fest’s Virtuoso Award.

The top two contenders for the best actress Oscar, Brie Larson and Saoirse Ronan — the twentysomething stars of Room and Brooklyn, respectively — have been tapped to share the Outstanding Performer of the Year Award at the 2016 Santa Barbara International Film Festival, the fest announced Tuesday. It’s the first time the award will be given to two honorees. Both Larson and Ronan had previously been awarded the festival’s Virtuoso Award, in 2014 and 2010 respectively.

The ceremony will take place at Santa Barbara’s historic Arlington Theatre, on a date still to be determined, as part of SBIFF’s 31st edition, which is set to run Feb. 3-13.

“This is an incredible year for emerging talent to take center stage and showcase their abilities,” SBIFF executive director Roger Durling said in a statement. “We’ve long been following the careers of Brie and Saoirse and their recent roles as empowered young women transcend time, place and circumstance. We are so proud to be jointly celebrating these two great actresses in such strong performances.”

Larson and Ronan will join an recognized group of previous Outstanding Performer Award recipients, including: Steve Carell (2015), Cate Blanchett (2014), Jennifer Lawrence (2013), Viola Davis (2012), James Franco (2011), Colin Firth (2010), Penelope Cruz (2009), Angelina Jolie (2008), Helen Mirren (2007), Heath Ledger (2006), Kate Winslet (2005) and Charlize Theron (2004).

Source: The Hollywood Reporter