Jean-Pascal Tricoire

[Interpreted].

Hello, everyone. Ladies and gentlemen, shareholders, dear friends, I'm delighted to be here with you today, declare open our shareholders' meeting of May 7, 2026. This year is a special year for us. It's the 190th year of Schneider Electric. Few companies can celebrate such an anniversary. It's a special year for me because I've been 40 years with Schneider Electric.

For me, it's rather simple. My seniority the age of the company, minus 150, and that's the number of years I've been working for the company. And as you've seen, this company is one of the companies that has been able to transform itself during the different industrial cycles according to needs of the countries of France to provide the cutting-edge technologies for all countries everywhere in the world. We're in France. We're proud to be here with you today, and we're also proud and proud to be citizens of the world.

I would like to draw your attention to the fact that this meeting is a public meeting that will be broadcast live and recorded on the company's website. In accordance with provisions of Article 19 of the Articles of Association, the Chairman of the Shareholders' Meeting shall be Chairman of the Board of Directors. In that capacity, I chair this meeting.

Next to me, Fred Kindle, whom you know well, who is Vice Chairman and Lead Independent Director; Olivier Blum, Chief Executive Officer of Schneider Electric, 33 years with the company; Nathan Fast, Chief Financial Officer, 20 years with the company; and Ségolène Simonin-du Boullay, who's Secretary of