Element Solutions Inc.

Good morning, ladies and gentlemen, and welcome to the Element Solutions fourth quarter and full year 2022 financial results conference call. Today's conference is being recorded and all lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press the star key followed by the number one on your telephone keypad. If you would like to withdraw your question, you must press star one once again. Thank you, and I will now turn the call over to Varun Gokarn, Senior Director of Strategy and Finance. Please go ahead.

Good morning, and thank you for participating in our fourth quarter and full year 2022 earnings conference call. Joining me are our CEO, Ben Glicklich, our CFO, Kerry Dorman, and our Executive Chairman, Sir Martin Franklin. In accordance with Regulation FD, we are webcasting this conference call. A replay will be made available in the investor section of the company's website shortly after completion of the call. During today's call, we will make certain forward-looking statements that reflect our current views about the company's future performance and financial results. These statements are based on assumptions and expectations of future events that are subject to risks and uncertainties. Please refer to our earnings release, supplemental slides, and most recent SEC filings for a discussion of material risk factors that could cause actual results to differ from our expectations. These materials can be found on the company's website in the investor section under news and events. Today's materials also include financial information that has not been prepared in accordance with U.S. GAAP. Please refer to the earnings release and supplemental slides for definitions and reconciliations of these non-GAAP measures to comparable GAAP financial measures. It is now my pleasure to introduce our Executive Chairman, Sir Martin Franklin.

Thank you, Varun, and good morning, everyone. We have now completed our fourth year as Element Solutions. The business has evolved exactly as we had hoped. The strategy of driving organic growth, along with a clean default on acquisitions, has led to another year of record sales and earnings per share, all in the face of a challenging macro environment. The management organization has evolved into a growth-oriented team that has created a working cadence and culture that is better than ever before. There are macro headwinds, but the business is outperforming its end markets and growing share. There is a general consensus that at some point, the demand cycle will pick up steam and Element Solutions is perfectly positioned to benefit from growth in its core and adjacent markets. I've always believed in focusing on markets that have long-term secular growth with defensible moats that earn strong margins. Element Solutions personifies these criteria and continues to be at the cutting edge of customer development programs that create demand for many years to come. With best-in-class free cash flow characteristics and a balance sheet that continues to de-lever all while returning significant cash to shareholders, there is much to be excited about in the company's future. None of this would be achievable were it not for the entire employee base of the company. And I'd like to recognize and say thank you for the true dedication and excellence of the people we are fortunate enough to employ at Element Solutions. With that, I'll hand over to Ben.