Operator

Ladies and gentlemen, welcome to the ProCredit Holding Q1 2026 Results Conference Call. I'm Lorenzo, the Chorus Call operator. [Operator Instructions] The conference is being recorded. The replay of the conference will be published on the ProCredit Holding website in the Investor Relations section. [Operator Instructions] The conference must not be recorded for publication or broadcast. At this time, it's my pleasure to hand over to Eriola Bibolli. Please go ahead.

Eriola Bibolli
Chairman of Management Board

Good afternoon from Frankfurt, and welcome to our call to discuss ProCredit Group's results for the first quarter 2026. My name is Eriola Bibolli. I am the Chairperson of the Management Board of ProCredit Holding, and I'm joined today by Christian Dagrosa, our Chief Financial Officer.

The slide deck accompanying this presentation is available on our website, and a recording of this call will be made available in the coming days. Before we begin, let me draw your attention to the customary disclaimer regarding forward-looking statements, which is included at the end of the presentation. We expect today's earnings call to last approximately 30 minutes. Following our presentation, we will, as always, be happy to take your questions. I will focus on the key developments of the first quarter, provide an update on the progress we are making against our strategic road map and offer some broader context on the macroeconomic environment. Christian will then take you through the group business and financial results in greater detail, including the key drivers of our performance in the first quarter.