Alpek Sab De Cv Ord

Good morning and welcome to OPEC's fourth quarter 2022 earnings webcast. I am Anton Fernandez, OPEC IRO, and today I'm happy to be joined by our CEO, Pepe Valdez, our CFO, Jose Carlos Pons, and for the first time, Jorge Young, our incoming CEO. This presentation is divided into two parts. First, Pepe and Jose Carlos will comment on Alpec's all quarter and full year performance, and then Jorge will remark on the 2023 guidance figures. Afterwards, we will move on to Q&A. Please note that the information discussed here today may include forward-looking statements regarding the company's future financial performance and prospects, which are subject to certain risks and uncertainties. Actual results may differ materially, and the company cautions the market not to rely unduly on these forward-looking statements. ALPEC is under no obligation to audit or revise any forward-looking statements publicly, whether as a result of new information, future events, or otherwise. I'd like to remind everyone that today's webcast has been recorded and will be available on our website at alpec.com. I will now turn the call over to Pepe.

Thank you, Anton. Good morning, everyone, and thank you for joining us. I am very pleased to state that in 2022, we reached record figures making it Alpec's best year to date. The continuous strong reference margins, as well as high ocean freight costs and high demand throughout most of the year, drove the company to achieve outstanding figures. On an annualized basis, the company reached the highest volume, revenue, reported and comparable everyday figures in its history. As per recent company announcement, on March 1st, I will be leaving my current role as CEO of Alpec and assuming the role of Senior Advisor at Alpha. Leaving this incredible company for several decades has been a privilege, and I was able to oversee its growth across geographies, but most importantly, I was able to see where the Alpec community developed and thrived. And now I would like to introduce you to a dear colleague of mine, Jorge Young. Jorge was appointed Alpex's new CEO by the board of directors and will assume his new role on March 1st. Jorge will also retain his responsibilities as president of the polyester business, which currently represents approximately 60% of Alpex's EVDA. I have confidence in him as I have had the pleasure of working by his side for many years, and I am certain that his experience and trajectory will enable him to lead the company successfully into the future. Throughout his extensive career at Alpec, Jorge has held key roles within our important polyester division, including president of PET and Stapled Fibers.

Good morning and thank you, Pepe. I will do my best to maintain the momentum you have generated at Alpek throughout all these years. I very much appreciate your continued support for the business, for customers and the people of Alpek. On behalf of everyone, thank you. I'm very excited for this opportunity and grateful for the trust from the board of directors. I look forward to working with you all.