TUI AG

Good morning and welcome to today's TUI Group Q3 results call. My name is Seb and I'll be the operator for your call today. If you'd like to ask a question during the Q&A session, please press star 1 on your telephone keypad. If you'd like to withdraw your question, please press star 2. I will now hand you over to Nicola Gert, Group Director of Investor Relations. Please go ahead.

Thanks SAP and good morning ladies and gentlemen.

A very warm welcome to our third quarter 2026 results presentation here from the TUI Group campus in Hanover on this wonderful summer's day. My name is Nicola Geert and I'm Group Director Investor Relations and I'm delighted to be joined for the presentation by our CEO Sebastian Ebel and our CFO Matthias Kieb. Today, we are pleased to present to you a resilient set of Q3 results, highlighting the strengths of our business in this challenging geopolitical environment. Following the presentation, we will be opening the floor for the Q&A. And with that, I have the pleasure of handing over to Sebastian.