Lisa Magnuson

Good morning. Welcome to Landis+Gyr's 2026 Capital Markets Day here in New York City, and to those of you who are joining us from the webcast from around the world. My name is Lisa Magnuson. I'm the Chief Marketing Officer of Landis+Gyr. I joined this January, and I joined because of our purpose, our passion and our people. I'm so excited to spend the morning with you all talking about the transformation that's happening around our company, obviously, throughout the industry and the significant opportunity we see ahead.

So of course, before we begin, we have our customary disclaimer slide. We're going to leave it up for a few seconds. And as you're reading that, I also want to let you know that there is a card on the table. There's a QR code that takes you to today's presentation and some other Landis+Gyr materials. Also, the WiFi is marketsite_guest2 and the password is "rewrite tomorrow," which is what we hope we're doing here today.

So as you can see, we have a really exciting agenda for you this morning. Throughout the day, you're going to hear a consistent story centered around 3 themes: focus, execution and creating value. You're going to hear from the rest of the leadership team about our intelligent energy vision, the transformation of our company and our plans for growth, our technology and innovative leadership and how we're creating long-term value.

That's going