Cushman & Wakefield plc

Good afternoon and welcome to the Cushman and Wakefield first quarter 2023 earnings conference call. All participants will be in a listen only mode. Should you need any assistance please signal a conference specialist by pressing the star key followed by the zero. After today's presentation there'll be an opportunity to ask questions. To ask a question you must press the star then one on your telephone keypad. To withdraw your question please press star then two. Please note This event is being recorded. I'll now like to run the conference over to Megan McGrath, Head of Investor Relations.

Please go ahead.

Thank you, and welcome to Cushman & Wakefield's first quarter 2023 earnings conference call. Earlier today, we issued a press release announcing our financial results for the period. This release, along with today's presentation, can be found on our Investor Relations website at ir.cushmanwakefield.com. Please turn to the page in our presentation labeled Cautionary Note on Forward-looking Statements. Today's presentation contains forward-looking statements based on our current forecasts and estimates of future events. These statements should be considered estimates only and actual results may differ materially. During today's call, we will refer to non-GAAP financial measures as outlined by SEC guidelines. Reconciliations of GAAP to non-GAAP financial measures, definitions of non-GAAP financial measures, and other related information are found within the financial tables of our earnings release and the appendix of today's presentation. Also, please note that throughout the presentation, comparisons and growth rates are to the comparable periods of 2022 and in local currency unless otherwise stated. For those of you following along with our presentation, we will begin on page four. And with that, I'd like to turn the call over to our CEO, John Forrester.