Alexandre Bompard
Chairman & CEO

[Interpreted] Good morning, everyone. Very happy to be with you here this morning for this Investor Day dedicated to CSR strategy of Carrefour, as I was committed to in the presentation of the Carrefour 2030 in this same auditorium in February. If we wanted to dedicate a morning to this to deep dive into these commitments, it's because we're convinced of one thing, CSR is a decisive factor of creating value for us. It improves our risk profile, it beefs up our resilience, it attracts new customers, it gets our workers on board and it values and protects our brand.

CSR is not just talking the talk or a conformity button. It's a driver for differentiating us from our competitors and for creating wealth. This is why I want to put this in the successive strategic plans that I've defined for the group. I assume this consistency and the continuity, which I started in 2018 with the launch of our program, Act for Food, which talks about the food transition for everyone in our shops, in our digital initiatives, in our marketing.

At the time, the subjects that we were dealing with were emerging, like bio, like Carrefour quality programs and to occupy the space that they occupy currently in public debate. We have been the first to have transition. This is a very resolutely modern word for our organization, the guiding principle of our action. The climate, social and our ambitions for the transition has never left Carrefour. In fact, it is at the heart of our