Grupo Aeroportuario del Centro Norte S.A.B. de C.V.

Greetings and welcome to OMA's first quarter 2026 earnings conference call. At this time, all participants are in a listen-only mode. A brief question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Emmanuel Camacho, Investor Relations Officer. Thank you. You may begin.

Thank you, Christine. Good morning, everyone. Thank you for standing by and welcome to OMAC's first quarter 2026 earnings conference call. We appreciate you joining us today as we discuss our company's performance and financial results for the past quarter. Joining us today are our CEO, Ricardo Duenas, and CFO, Ruffo Perez Pliego. We'd be reminded that certain statements made during the course of our discussion today may constitute forward-looking statements which are based on current management expectations and are subject to a number of risks and uncertainties that could cause actual results to differ materially, including factors that may be beyond our control. And now I'll turn the call over to Ricardo Duenas for his last remarks.

Thank you, Emmanuel. Good morning, everyone, and thank you for joining us today. This morning, Ruffo and I will review our quarterly operation and our financial results, and then we will be pleased to answer your questions. In the first quarter of 26, OMA passenger traffic totaled 6.7 million, a 4.7% increase versus last year. Seat capacity increased by 3.9% during the quarter. Domestic passenger traffic grew by 5.7%, driven primarily by the Monterey Airport, with increases on routes to the metropolitan area of Mexico City, mainly to Toluca and Mexico City airports, Bajio, Puerto Vallarta, Merida, and Cancun. These routes collectively added over 265,000 passengers during the quarter, representing 87% of the total domestic passenger growth. International passenger traffic decreased by 0.5%. The decrease was mainly driven by Monterey, with lower traffic on the routes to San Francisco, Chicago, and Los Angeles, and massive land on the route to Minneapolis, Dallas, and Los Angeles. This decrease were partially offset by a positive performance in San Luis Potosi, which saw higher passenger activity on the routes to Dallas and Antonio Houston. In terms of growth by airline, Volaris, which accounted for 25% of our total passenger traffic in the quarter, recorded a 15% increase in passenger traffic compared to the first quarter of 2025. which accounted for 88.8% of our total passenger traffic, recorded a 3% passenger increase during the quarter. Turning around to our financial performance, aeronautical revenues increased 4.3%. Domestic passenger charges revenue increased by 9%, driven by passenger growth of 5.7%. Our international passenger charges revenue declined by 11% year-over-year, mostly due to the appreciation of the Mexican peso against the dollar. Commercial revenues grew by 4.9% compared to the first quarter of 2025, and commercial revenue per passenger stood at 66.4 pesos. Commercial revenue growth was mainly driven by retail, parking, VIP lounges, and restaurants, as we continued to benefit from fire penetration levels and increased passenger traffic. Occupancy rate for commercial space stood at 93% at the end of the quarter. On the diversification front, revenues decreased 1.1% year-over-year, reflecting a mixed performance across our portfolios. Hotel services declined 7.8%, mainly driven by our Hilton Garden Inn Hotel where results were impacted by the appreciation of the Mexican peso against the dollar and lower occupancy. Other services decreased by 13 million mainly due to a one-time effect in the first quarter of 25 related to industrial park activities which did not repeat this quarter. These effects were partially offset by strong performance in Oma Cargo which grew by 8% supported by a more than three-fold increase in operations at our Chihuahua warehouses as the business continued to scale, while industrial services grew 19%, driven by a higher number of leased square meters. OMA's first quarter adjusted EBITDA increased by 2.1% to 2.4 billion pesos with a margin of 73.4%. On the capital expenditure front, total investments in the quarter, including MDP investment, major maintenance, and strategic investments, were 605 million pesos. Before concluding, I would like to highlight that during the quarter, we agreed with the Mexico City International Airport to extend the lease term of the NH Collection Hotel at Terminal 2 by another five years. From its original maturity of 2029, to April 2034, under the same terms and conditions as the existing lease agreement. This extension allows us to secure revenues over a longer period from a business that has proven to be highly successful within our diversification strategy, while providing greater visibility on the long-term contributions of this asset to our non-aeronautical revenue. Finally, on April 24th, we held our 2026 Annual Shareholders Meeting, where shareholders approved, among other matters, the declaration and payments of a 4.9 billion peso cash dividend. I would now like to turn the call over to Ruffo Perez Pliego, who will discuss the financial highlights for the fourth.