PRA Group, Inc.

Good evening and welcome to the PRA Group's fourth quarter and full year 2024 conference call. All participants will be in a listen-only mode. Should you need assistance, please signal a conference specialist by pressing star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star, then the number one on your telephone keypad. To withdraw your question, please press star, then the number two. Please note, this event is being recorded. I would now like to turn the call over to Mr. Najim Mostaman, Vice President of Investor Relations for PRA Group.

Please go ahead. Thank you, Operator. Good evening, everyone, and thank you for joining us.

With me today are Vic Atal, President and Chief Executive Officer, and Rakesh Sehgal, Executive Vice President and Chief Financial Officer. We will make forward-looking statements during the call which are based on management's current beliefs, projections, assumptions, and expectations. We assume no obligation to revise or update these statements. We caution listeners that these forward-looking statements are subject to risks, uncertainties, assumptions, and other factors that could cause our actual results to differ materially from our expectations. Please refer to our earnings press release issued today and our SEC filings for a detailed discussion of these factors. The earnings release, the slide presentation that we will use during today's call, and our SEC filings can all be found in the investor relations section of our website at www.pragroup.com. Additionally, a replay of this call will be available shortly after its conclusion and the replay dial-in information is included in the earnings press release. All comparisons mentioned today will be between Q4 2024 and Q4 2023, unless otherwise noted, and our America's results include Australia. During our call, we will discuss the debt to adjusted EBITDA for the 12 months ended December 31st, 2024 and December 31st, 2023, as well as return on average tangible equity. Please refer to the appendix of the slide presentation used during this call for a reconciliation of the most directly comparable U.S. GAAP financial measures to these non-GAAP financial measures. And with that, I'd now like to turn the call over to Vik Atal, our President and Chief Executive Officer.