Therese Skurdal
Director Group Marketing &?Communications

Good morning, everyone, and welcome to Kongsberg Automotive's Q1 2026 Earnings Call Presentation. Today, we are at Danske Bank in Oslo, and we are joined by participants joining us digitally, as well as physically, here in Danske Bank in Oslo.

Up on the screen is today's agenda and today's presenters, Trond Fiskum, our President and CEO; and Erik Magelssen, our CFO. As always, we will have a Q&A session after today's presentation, and you can both ask questions if you are here or also by using the tool in the webcast.

So with that, I will give the word over to our President and CEO, Trond Fiskum.

Trond Fiskum
Interim EVP of Drive Control Systems, President & CEO

Thank you, Therese. Good morning, all, those that are here physically and also those that are joining online, for joining today's earnings call. I'll start today's presentation with some reflections on my first year as CEO for Kongsberg Automotive.

At the end of March, 1 month ago, I marked 1 year as President and CEO of the company. I remember when I accepted this responsibility, I did that with a deep sense of responsibility for the company, for the employees and for the shareholders. I stepped into this role with a clear conviction that KA had a significant untapped value-creation potential and that unlocking that potential required a fundamental change in the way that the company was run.

So over the last 12 months, we have made quite a lot of changes. We have acted with determination and