AMG Critical Materials N.V.

Good morning, everyone, and welcome to today's AMG First Quarter 2026 Earnings Conference Call. At this time, all participants are in a listen-only mode. Later, you will have the opportunity to ask questions during the question-and-answer session. You may register to ask a question at any time by pressing star, then the number 1 on your telephone keypad. Please note, this call is being recorded and I will be standing by if you should need any assistance. It is now my pleasure to turn the conference over to Thomas Svoboda. Please go ahead.

Yeah, good day everyone and welcome to our first quarter 2026 earnings call. As usual, joining me on this call is the entire AMG management board, namely Dr. Heinz Schimmelbusch, the chairman of the management board and chief executive officer. Mr. Jackson Dunkel, the Chief Financial Officer, and Mr. Michael Connor, the Chief Corporate Development Officer. We published our first quarter 2026 earnings press release yesterday along with a presentation for investors, both of which you can find on our website. They include our disclaimers about forward-looking statements. Today's call will begin with a review of the first quarter 2026 business highlights by Dr. Schimmelbusch. Mr. Conner will comment on strategy and Mr. Danko will comment on IMG's financial results. At the completion of Mr. Danko's remarks, Dr. Schimmelbusch will comment on outlook. We will open the line to take your questions thereafter. I will now pass the floor to Dr. Schimmelbusch, Chairman of the Management Board and Chief Executive Officer.

Dr. Schimmelbusch. Thank you, Thomas. Ladies and gentlemen, our focus on a broad portfolio of critical materials and technologies for the energy transition is increasingly paying off. In Q1, we achieved an adjusted EBITDA of 44 million, a 2% improvement compared to 43 million in Q4-25. This is a better than expected initially driven by the consolidation of AURA beginning January 1, 2026. Beyond circular molybdenum, AURA brought recycled tungsten into our critical materials portfolio and the tungsten price performance helped their results. We increased our capital by 10%, successfully placing shares at 34 euros per share. The capital increase was oversubscribed four times. The proceeds of 127 million will be used to finance expansions into lithium, high-period molybdenum, and vanadium. These projects have low capital requirements Short Implementation Times and Quick Payback. We are laying the groundwork to play a key role in achieving energy and critical materials sovereignty in Europe and the U.S. The capital increase makes sure that we can implement the earlier mentioned projects in any given geopolitical environment. I will now hand over to my corner, Mike.