See picture of Arnold Schwarzenegger as Santa Claus in first look from family comedy set

Arnold Schwarzenegger rocks Santa’s iconic white beard in a new photo from the set of “The Man with the Bag.”

The new image, shared by Amazon MGM Studios on Wednesday, shows Schwarzenegger as Santa standing side by side with “Fast X” alum Alan Ritchson, his co-star in the film.

Schwarzenegger has a white beard with matching long white hair in the picture, as well as a long red coat and a cozy sweater underneath. Ritchson, meanwhile, is wearing a beige coat, white T-shirt, a zip-up sweatshirt and a ball cap.

The studio shared the new snap along with a note that production on the film had officially begun.

Schwarzenegger also shared the photo on social media on Wednesday.

“Great to shoot The Man with the Bag with @alanritchson,” he captioned an Instagram post. “Our director @adamshankman is one of the funnest directors I’ve worked with, New York City is a great host, it’s a pleasure working with @amazonmgmstudios and I can’t wait to share all this Christmas cheer with everyone and one one of you.”

A logline for the new project reads: “When Santa’s magic bag is stolen, he turns to his naughty list to find Vance, a thief, to help him get it back. Along with his daughter, Santa, and a group of misfits, Vance will have to pull off the biggest heist of his life to save Christmas.”

“Hairspray” and “Disenchanted” director Adam Shankman is directing the project, while “Stuck in the Middle” writer Allan Rice wrote the project.

Ritchson, Lawrence Grey, Ben Everard, Reg Tigerman and Dan Spilo are producing the upcoming family comedy.

A release date has not yet been announced.