Unknown Executive

Good afternoon, everyone. Welcome to Valid's Earnings Conference Call. Before we begin the presentation, I have a few announcements to make. This event is being recorded and some attendants will be in listen-only mode during the presentation. For those interested, the presentation is also available with simultaneous translation into English. The supporting slides that we'll be presenting are available on our IR website. And shortly after the event, the replay will also be available on our website. As soon as the presentation is over, we will begin the Q&A session. Questions can be submitted now or any time during the broadcast.

It's important to mention that any forward-looking statements that may be made during this video conference regarding the company's business outlook, projections, operational and financial goals constitute beliefs and assumptions of our management as well as information currently available to the company. Forward-looking statements are no guarantee of performance. These involve risks and uncertainties and assumptions since they depend on circumstances that may or may not occur.

Investors should understand that general economic conditions, industry conditions and other operating factors could affect the company's future performance and lead to results that differ materially from those expressed in such forward-looking statements. Today, we have Ilson Bressan, CEO of Valid; and Olavo Vaz, CFO and IRO. I will invite them to start the presentation. Bressan and Olavo, over to you.

Ilson Bressan
CEO & Member of the Board of Executive Officers

Good afternoon, everyone. Good afternoon, everyone, who's attending the earnings call of 2026. On behalf