Companhia Paranaense de Energia (COPEL)

Good morning, ladies and gentlemen.

Welcome to the Companhia Paranaense de Energia Coppel video conference call to discuss the results for the fourth quarter and full year 2025. This video conference is being recorded. The replay will be available on the company's website at ri.coppel.com. The presentation is also available for download. Please note that all participants will be in listen-only mode during the presentation, and then we will begin the Q&A session when further instructions to participate will be provided. Before proceeding, I'd like to stress that forward-looking statements are based on the beliefs and assumptions of Coppel's management and on information currently available to the company. These statements may involve risks and uncertainties as they relate to future events and therefore should be treated as forecasts dependent on the macroeconomic environment, the country's economic situation, the performance and regulation of the electricity sector, in addition to other variables and are therefore subject to change. This video conference is presented by Mr. Daniel Slaviero and Mr. Felipe Guterres, respectively CEO and CFO of Coprel, as well as general managers and officers of the subsidiaries who will be available for the question and answer session. Now, I would like to give the floor to the company's CEO, who will begin the presentation. Please, Mr. Slaviero, you may proceed.

Good morning to all.