Asm International Nv

Good afternoon. This is the Coral School Conference Operator. Welcome and thank you for joining the EASM first quarter 2025 earnings call. As a reminder, all participants are in listen-only mode. After the presentation, there will be an opportunity to ask questions. Should anyone need assistance during the conference call, they may signal an operator by pressing star and zero on their telephone. At this time, I would like to turn the conference over to Mr. Victor Barreño, Head of Investor Relations. Please go ahead, sir.

Thank you, operator. Good afternoon, and welcome, everyone, to our 2025 Q1 earnings call. I'm joined here today by Hicham Massad, CEO, and Paul Verhagen, our CFO. ASM issued its first quarter 2025 results yesterday at 6 p.m. Central European time. For those of you who have not yet seen the press release, it is accessible on our website, asm.com, along with our latest investor presentation. We remind you, as always, that this conference call may contain information related to ASM's future business and results, in addition to historical information. For more information on the risk factors related to such forward-looking statements, please refer to our company's press releases, reports, and financial statements, which are available on our website. Please note that the profitability measures mentioned in this poll will be primarily based on adjusted non-IFRS figures. For the reported IFRS figures, as well as the reconciliation between IFRS and adjusted results, please refer to the quarterly results press release. And with that, I will now hand the call over to Hisham Massad, CEO of ASM.

Thank you, Victor, and thanks to everyone for attending our first quarter 2025 results conference call. We will follow the usual agenda for today's call. Paul will first review our first quarter financial results. I will then continue with the discussion of the market trends and the outlook, followed by Q&A. I will now turn it over to you, Paul.