Eastman Kodak Company

Thank you for standing by, and welcome to the Eastman Kodak Q2 2021 Earnings Conference Call. At this time, all participants are going to listen on the mode. We will not be holding a formal hearing on today's conference call. I will now return the conference over to your host, Mr. Paul Dills. Please go ahead.

Thank you, and good afternoon, everyone. I am Paul Dills, Eastman Kodak Company's Chief Tax Officer and Director of Investor Relations. Welcome to Kodak's second quarter 2021 earnings call. At 4.15 p.m. this afternoon, Kodak filed its Form 10-Q and issued its release on financial results for the second quarter, 2021. You may access the presentation and the webcast for today's call on our Investor Center at investor.kodak.com. During today's call, we will be making certain forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. All forward-looking statements are based upon codex expectations and various assumptions. Future events or results may differ from those anticipated or expressed in the forward-looking statements. Important factors that could cause actual events or results to differ material from these forward-looking statements include, among others, the risks, the uncertainties, and other factors described in more detail. in CODAC filings with the U.S. Securities and Exchange Commission from time to time. There may be other factors that may cause CODAC's actual results to differ materially from the forward-looking statements. All forward-looking statements attributable to CODAC or persons acting on its behalf apply only as of the date of this presentation and are expressly qualified in their entirety by the cautionary statements included or referenced in this presentation. CODAC undertakes no obligation to update or revise forward-looking statements to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events. In addition, the release just issued and the presentation provided contain certain measures that are deemed non-GAP measures. Reconciliations to the most directly comparable GAP measures have been provided with the release. and within the presentation on our website in our investor center at investor.kodak.com. Speakers on today's call are Jim Contenzen, Kodak's Executive Chairman, and David Bonewinkle, Chief Financial Officer of Kodak. We will not be holding a formal Q&A during today's call. As always, the investor relations team is available for follow-up. I will now turn the call over to Jim.

Welcome, everyone. and thank you for joining the second quarter investor call for Kodak. Turning to slide four, I am pleased with our strong second quarter performance, reflecting the execution of our long-term plan that we put in place two and a half years ago. We have focused on our strengths and core competencies as an industrial manufacturer, established a customer first model, delivered our balance sheet, and raised additional capital. We are winning in the key marketplaces with our innovative products, solutions, and sales and service execution. The result is improved performance in our businesses and a solid foundation. We continue to execute our long-term plan despite the challenges and uncertainties related to supply chain, commodity, and labor costs created by the pandemic. We plan to continue to focus on our strengths as an industrial manufacturer to drive long-term value and sustainability. Our change in culture to a customer-first model and our simplified organizational structure provide a one-codec customer-first experience. Improvements we have made includes automation of our front-end CRM customer-facing applications, alignment and consolidation of our service organization, improved cost structure and balance sheet, focused on core competencies, raised additional capital to be used for investing in future innovation and growth. We are recognizing strong growth in our businesses, including Sonora process-free points and prosper annuities this quarter and overall volume increase in our other businesses. Our strategy continues to focus on our core competencies and leveraging our deep knowledge-based to continue product innovation to meet our customers' needs and provide environmentally sustainable solutions. I will now turn it over to Dave to discuss the second quarter 2021 financial results.