Operator

Hello. Welcome to the Signify Q1 2026 Results Conference Call hosted by As Tempelman; CEO; Zeljko Kosanovic CFO; and Thelke Gerdes, Head of Investor Relations. [Operator Instructions] I would now like to give the floor to, Thelke Gerdes, Ms. Gerdes, please go ahead.

Thelke Gerdes
Head of Investor Relations

Good morning, everyone, and welcome to Signify's First Quarter 2026 Earnings Call. Before we begin, I'd like to draw your attention to the forward-looking statements, risks and uncertainties and non-IFRS financial measures disclaimer on this site. With me today is our CEO, As Tempelman; our CFO, Zeljko Kosanovic.

During this call, As will discuss the highlights of the quarter and key business developments. Zeljko will then walk you through the financial performance in more detail. As will then come back to discuss the outlook and closing remarks. Our press release and presentation were published at 7:00 this morning, and a transcript of this call will be made available shortly after.

And with that, I would now like to hand over to As.

A.C. Tempelman
CEO & Chair of Management Board

Well, thank you, Thelke, and good morning, everyone. Good to have you on the call with us. Thanks for joining us today. Like Thelke said, let me start with sharing some observations on