Eve Holding, Inc.

Good morning and welcome to the eVare Mobility first quarter 2023 earnings call. During the presentation, all participants will be in a listen-only mode. Afterwards, we will conduct a question and answer session. At that time, if you have a question, please press the 1 followed by the 4 on your telephone keypad. If at any time during the conference you need to reach an operator, please press star 0. As a reminder, today's conference is being recorded. I will now turn the call over to Lucille Aldworth, Head of Investor Relations. Please go ahead, sir.

Thank you, operator. Good morning, everyone. This is Lucio Aldworth, the Director of Investor Relations at EVE. And I wanted to welcome everyone to our first quarter 2023 earnings conference call. I have here with me co-CEOs Jerry DeMuro and Andres Stein, as well as our CFO, Eduardo Couto. After their initial remarks, we're going to open the call for questions. We have prepared the deck with a few slides and additional information. This is available at our investor relations website at ir.eveairmobility.com. So please feel free to download it. Let me first start by mentioning that this presentation includes forward-looking statements or statements about events or circumstances that have not yet occurred. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends affecting our business and our future financial performance. The forward-looking statements are subject to risks, uncertainties, and assumptions, including, among other things, general economic, political, and business conditions, both in Brazil and in our market. The words believe, may, will, estimates, Continuous, anticipates, intends, expects, and similar words are intended to identify forward-looking statements, when they take no obligation to update publicly or revise any forward-looking statements because of new information, future events, or other factors. In light of these risks and uncertainties, the forward-looking statements and circumstances discussed in this presentation might not occur. Our actual results could differ substantially from those anticipated in our forward-looking statements. With that, I will now turn the presentation over to Jerry.

Jerry? Thanks, Lucio. Good morning, and thank you to those joining the call today. Today is actually a special day for us. It's the first anniversary of our listing on the New York Stock Exchange. We've come a long way in the past year and are progressing well with our business plan but we know there's quite a bit more to do. And I'm certain we have the right group of people to achieve our goals and become a major player in the UAM market. Over the last quarter, we've made significant progress on the development of our aircraft, as well as in other areas of our business plan related to the UAM ecosystem. As you can see on slide two here, we advanced to the next step in the certification process by proposing our basis of certification to ANAC. and we expect approval by the end of the year. We progress negotiations with our suppliers on both technical and commercial terms, and our expectation is to close with suppliers of critical subsystems by the end of this quarter. We continue the extensive testing program with wind tunnel tests of different configurations and components. And in our design, we are now incorporating a best-in-class baggage compartment that Stein will talk a bit more about a little later. as well as how user feedback is enhancing and influencing our design. Moving to slide three, this illustrates our progress on the technical aspects of the program. I mentioned our wind tunnel testing, which was a three-week-long exercise at RUAG in Switzerland. We are also testing different motor and propeller configurations through dedicated rigs that allow us to test under different load and weather conditions. Interestingly, we have developed a truck mounted rig to validate our modeling of rotor performance during transition and forward flight. In addition, we're also employing a series of additional rigs for battery and motor, as well as thermal management tests. All of these will permit extensive independent testing of discrete subsystems And this is an important aspect of our flexible approach, which allows us to test systems separately and incorporate refinements into the design once we have reached a target solution. In essence, it allows for quick and efficient product development. In short, we continue to mature the aircraft within the milestones we established and forecasted earlier this year, and Edu will have a little more to say on the topic later. Now I would like to ask Stein to talk about several features of our aircraft that we're very excited about.