Companhia de Saneamento Básico do Estado de São Paulo - SABESP

Good afternoon, ladies and gentlemen.

At this time, we would like to welcome everybody to SABESP's conference call to discuss the result in first quarter 2020. The audio of this conference is being broadcast simultaneously through the internet on the website of www.sabesp.com.br where you can also find the slideshow presentation available for download. We inform that all the participants will only be able to listen to the conference during the company's presentation. After the company's remarks are over, there will be a Q&A period. At that time, further instructions will be given. Should any participant need assistance during this conference, please press star zero for an operator. Before proceeding, let me mention that forward-looking statements are being made under the safe harbor of the Securities Litigation Act of 1996. Forward-looking statements are based on the beliefs and assumptions of SABESP's management and on information currently available to the company. Forward-looking statements are not guarantees of performance. They involve risks, uncertainties, and assumptions because they relate to future events and therefore depend on circumstances that may or may not occur in the future. Investors should understand that general economic conditions and industry conditions and other operating factors could also affect the future results of SABESP and could cause results to differ materially from those expressed in such forward-looking statements. Today with us we have Rui Afonso, Chief Financial Officer and Investor Relations Officer, Mario Arruda Sampaio, Head of Capital Market and Investor Relations, and Marcelo Miyagi, Head of Accounting. Now I will turn the conference over to Mario Sampaio. Sir, you may begin your conference.

Okay. Thank you, everybody, to join us on this