Allegion plc

Good morning and welcome to the Hulijun Q2 2022 Earnings Conference Call. All participants will be in the listen-only mode. Should you need assistance, please signal a conference specialist by pressing star then zero on your telephone keypad. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on your telephone keypad. To withdraw your questions, please press star 10-2. Please note, this event is being recorded. I would now like to turn the conference over to Tom Martino, Vice President of Investor Relations. Please go ahead.

Good morning, everyone. Thank you for joining us for Allegiance Second Quarter 2022 Earnings Call. With me today are Executive Chairman Dave Petratis, President and Chief Executive Officer John Stone, and Senior Vice President and Chief Financial Officer Mike Wagnus. Our earnings release, which was issued earlier this morning, and the presentation, which we will refer to in today's call, are available on our website at investor.allegiant.com. This call will be recorded and archived on our website. Please go to Slides 2 and 3. Statements made in today's call that are not historical facts are considered forward-looking statements and are made pursuant to the safe harbor provisions of federal securities law. Please see our most recent SEC filings for a description of some of the factors that may cause actual results to differ materially from our projections. The company assumes no obligation to update these forward-looking statements. Today's presentation and commentary include non-GAAP financial measures. Please refer to the reconciliation in the financial tables of our press release for further details. We will now discuss our second quarter 2022 results, which will be followed by a Q&A session. Please, for the Q&A, we would like to ask each caller to limit themselves to one question and one short follow-up, and then re-enter the queue. Now I'll turn the call over to Dave.

Thanks, Tom. Good morning, and thank you for joining us today. Please go to slide number four. Before we provide our business and financial overview for the quarter, I want to start by acknowledging two significant announcements from the last few months. In May, I shared my plans to retire from Allegiant, announcing John Stone as the incoming president and CEO of Allegiant. John is the right leader to take Allegiant into its next chapter. And I'm happy to say Allegiant has the right talent, right strategy, and right foundation to successfully execute its vision of seamless access and a safer world under John's leadership. It's been a privilege getting to know John and learn about his service to our country as a West Point graduate, Army officer, and veteran. He also has a background in engineering and manufacturing with a track record of leading sustainable, profitable growth building from the core business by layering on new innovation and technology. We are particularly impressed by John's experience leading Deering Company's intelligent solutions group. John is well versed in connectivity, having guided the company through the digital transformation for agriculture. He drove value through digital tools, helping the industry become more productive through innovative technologies like automation, artificial intelligence, and machine learning. He leveraged the IoT to deliver wireless data, sensing technologies, as well as innovative remote service capabilities. All of this enhanced the performance and value of traditional mechanical equipment and allowed customers to drive their own operational efficiencies. Most of all, John has experience at managing complexity. Deere and Company is a complex global business, and his leadership opened an important route to precision agriculture during his time there. In many ways, John has already driven growth and success utilizing seamless access strategies. John, would you like to say a few words?