Infrastrutture Wireless Italiane S.p.A.

Ladies and gentlemen, good afternoon.

Welcome to the first Q20 results presentation and thank you for attending our conference call. We do hope that all of you and your families are fine and in good health. As usual, our CEO, Mr. Giovanni Ferigo, and our new CFO, Mr. Diego Galli, will provide you with an update on our first Q20 operating and financial performance, and then will be available to answer your question. Now you can take note of our disclaimer policy that you should now see on slide number two. Let me highlight that the reported data refer to the financial statement at March 31st, 2020. The data refer to standalone figures until 30 March, 2020. Now I leave the floor to Mr. Giovanni Ferigo, who will guide you through the presentation. As usual, a Q&A session will follow the result presentation. You can book it by pressing star one. Let me remind that in order to let everyone take part in the Q&A session, only one question for each person is allowed. Giovanni, over to you.

Thank you, Manuela. Good afternoon, everybody. Let me guide you through the presentation by starting with slide number three. As you know, the merger has been completed at the end of the March, and the new Inuit was born. We have come a long way to reach this stage, and I'm very happy that the new journey has finally started. As part of the journey, as announced, the extraordinary dividend has been paid in April, and the ordinary one will be paid in May. Today, we will share with you the results of the last quarter of Inuit Standalone. and we will give some insights on how the new Inuit is progressing.