Kim Fausing

[Interpreted] Good morning, esteemed shareholders. Dear guests, on behalf of the Board of Directors and the Executive Committee, I warmly welcome you to the Annual General Meeting at the OYM Hall here in Zug. I am delighted to welcome so many of you today. Thank you for coming. I would like to extend a warm welcome first to Mr. André Wicki, Mayor of the City of Zug and Thomas Aeschi, National Council. I'm also pleased to see that the members of the Board of Directors and the Executive Committee are present. In addition, I would like to welcome Martin Kriegner and our former Chairman of the Board of Directors, Beat Hess. I would also like to welcome Mrs. Sabine Burkhalter, who has once again been mandated by many shareholders to act as the independent proxy this year. I also welcome Mr. Jacques Pierre and Mr. Daniel Zaugg from Ernst & Young AG as representatives of our auditors. Next, I will introduce my colleagues who are on the podium with me today.

They will support me in reporting on the past year. They will also help me in answering your questions and in conducting the Annual General Meeting in proper fashion. I will start on the right side with our CFO, Steffen Kindler. Next to me on the right is our CEO, Miljan Gutovic. Then we have Lukas Stude, our Group General Counsel and Secretary of the Board of Directors; as well as Claudia Sender Ramirez, Chair of the Nomination, Compensation and Governance Committee of the Board of Directors. Before we report in detail on the course of business, ladies and