Operator

Good morning, ladies and gentlemen, and welcome to Nexa Resources First Quarter 2026 Earnings Conference Call. Please note that today's event is being recorded and broadcast live via Zoom with access also through Nexa's Investor Relations website. A slide presentation accompanying the webcast is available for download as well as a replay of the conference call following its conclusion. [Operator Instructions]

Now I would like to turn the conference over to Mr. Rodrigo Cammarosano, Head of Investor Relations and Treasury, for his opening remarks.

Rodrigo Cammarosano
Head of Treasury & Investor Relations

Good morning, everyone, and welcome to Nexa Resources first quarter 2026 earnings conference call. Thank you for joining us today. During the call, we will discuss Nexa's performance as detailed in the earnings release issued yesterday. We encourage you to follow along with the presentation available through the webcast.

Before we begin, please turn to Slide #2, which contains our forward-looking statements disclaimer. We ask that you review the information regarding these statements and the associated risk factors.

Joining the call today are our CEO, Ignacio Rosado; our CFO, Jose Carlos del Valle; and our Senior Vice President of Mining Operations, Leonardo Coelho.

With that, I will turn it over to Ignacio.

Ignacio Rosado
President & CEO

Thank you, Rodrigo, and good morning, everyone.

Starting on Slide #3, our main highlights. The first quarter of 2026 was a strong start to the year. Adjusted EBITDA more than