Jan Erik Hoff
Group Vice President Investor Relations & Sustainability

Good morning, and welcome to the presentation of Kongsberg's first quarter results. This presentation is done as a webcast only, and you will be able to send in questions through the chat function. This is the first quarter that we present our results after the spin-off of Kongsberg Maritime. Kongsberg Maritime has already presented their figures earlier this morning and are presented in Kongsberg's financial statements as discontinued business. Therefore, Kongsberg Maritime is not included in this presentation.

I will also take the opportunity to invite all of you to follow our upcoming Capital Markets Day that will take place on the 10th of June in the city of Kongsberg. It will also be possible to follow the event online. Please note that this presentation contains forward-looking statements that, by their nature, involve known and unknown risks, uncertainties and other important factors that could cause the actual results to differ. Today's presentation will be delivered to you by our CEO, Eirik Lie; and our CFO, Martin Wien Fjell. With that, I will hand it over to our CEO, Eirik.

Eirik Lie
Executive VP of Kongsberg and President of Kongsberg Defense & Aerospace

Good morning, everyone, and welcome. I'm very pleased to present the first quarter results for Kongsberg. Before I dive into the details of the first quarter, I would like to share a few comments about Kongsberg and the markets we operate in. Over the past few years, rising geopolitical uncertainty has transformed the