SunPower Inc.

Hello, welcome everyone to SunPower's second quarter earnings call. My name is Sioban Hickie, SunPower's VP of IR, and I would like to review a few housekeeping items before we begin. All lines have been placed on mute at this time. This call is being recorded and a replay will be made available within the events section of the SunPower website. Please note that today's presentation may contain projections and other forward-looking statements. These statements are subject to known and unknown risks and uncertainties that may cause actual results to differ from those expressed or implied in our statements. In addition, we may discuss certain non-GAAP and financial measures. A reconciliation of any differences between those non-GAAP financial measures and the most directly comparable GAAP financial measures are available within our press release. Lastly, we will hold a question and answer session after the end of formal remarks today. For those watching via the webcast, you may submit a written question at any time via the submission box located on the right side of your screen. For those joining our live Q&A, please click the raise hand icon located at the bottom of your screen to enter the queue. With that, I will turn the call over to TJ Rodgers, SunPower's Chairman and CEO.

Good morning. My name is TJ Rodgers. I'm the CEO of SunPower. We're here to report the second quarter. I have people who have presented various parts of this meeting, so I will introduce them real time. Starting with Tom Kowalczuk, who's our new CFO. He's got a CPA and a Chicago MBA. He's had experience in public companies, and he's down here, Beam Centauri, and he led a finance group there with $2 billion in annual revenues. So he's got the experience in public and big company. This is his first shot at being the CFO of a public company. He's going to present the financials today. Tom?

Hi, good morning. Thank you, TJ. I'm very excited to join SunPower at this opportunity to be a leader at the group at this very important time. Over the last few weeks, I have been focused on getting to know the business, our operations, our finance organization, as well as meeting the talented people across the company. While I'm still early in that process, I've been encouraged by what I've seen and the team's commitment to improving execution. And going forward, my priorities are pretty straightforward. Maintaining strong financial discipline, improving the quality of our forecasting and financial processes, as well as allocating capital thoughtfully and ensuring we provide investors with clear, timely, and consistent financial information. I look forward to partnering with TJ and the rest of the leadership team as we execute our strategy and work to create long-term value for shareholders.