Nini Arshakuni
Head of Investor Relations

Today, we're pleased to report our results for the first quarter of 2026. My name is Nini Arshakuni. I'm Head of IR, and I'll moderate this call today. And we have a few speakers today on the call. I'm joined, as always, by the Group CEO, Archil Gachechiladze. Also, we have our Group and Bank of Georgia CFO today on the line, Giorgi Shagidze, who joined the group recently in March 2026. We also have Hovhannes Toroyan, who is the CFO of Ameriabank, our banking subsidiary in Armenia; and Akaki Liqokeli, our Group Economist, who will talk about macro.

First, we'll kick off with a few opening remarks by Archil, and then we'll continue with the other parts.

Archil Gachechiladze
CEO & Executive Director

Hello, everyone. Thank you for joining the call. We had a very interesting quarter this time, 20 years after we joined the London Stock Exchange in 2006, we went public, in fact, in form of GDRs. And in 2026, we joined the FTSE 100, as many of you may know. And that is a very special moment for all of us because it kind of summarizes the achievement over the last 20 years, but it's only a new beginning for more to come. So as you remember who we are, we are 2/3 Georgia, roughly 1/3 Armenia. It's not quite there, but Armenia is increasing very rapidly. We're serving