Becle, S.A.B. de C.V.

Good morning. Thank you for joining Beckley's first quarter unaudited financial results call. During this call, you may hear certain forward-looking statements. These statements may relate to our future prospects, developments, and business strategies and may be identified by our use of terms and phrases such as anticipate, believe, could, estimate, expect, intend, may, plan, predict, project, will, goals, target, strategy, and similar terms and phrases, and may include references to assumptions. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy, and other future conditions. Because forward-looking statements relate to the future, by their nature they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict. Our actual results may differ materially from those in forward-looking statements. For all the foregoing reasons, you are cautioned against relying on such forward-looking statements. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Now, I'll welcome Mariana Rojo, Corporate Treasurer and Investor Relations Director. Miss, you're now on the line.

Thank you. Good morning, everyone. I'm Mariana Rojo, Corporate Treasurer and Investor Relations Director. Thank you for joining us to discuss the unaudited financial results for the quarter ended March 31st, 2020, of Beckler, commercially known as Jose Cuevas. I am joined today by Juan Domingo Beckman, Chief Executive Officer, Michael Kueh, President and CEO of Proxima Spirits, Dick Shirley, Senior VP of Commercial Strategy for Proxima, Luis Felix, Managing Director of Mexico and La Trance, Gordon Drone, Managing Director of AMIA and IPAC Region, and Fernando Suarez, CFO. Before we begin, I would like to remind you that the figures discussed on this call were prepared in accordance with International Financial Reporting Standards, or IFRS, and published in the Mexican Stock Exchange. The information for the first quarter of 2020 is preliminary. and is provided with the understanding that, once financial statements are available, updated information will be shared in the appropriate electronic form. At this time, I would like to remind participants that your lines will be in listening mode only until the Q&A session. Now, I will pass the call on to Mr. Fondomingo Vecchi.

Good morning, and thank you for joining us today to discuss Vecchi's first quarter results. All of us at TechLink hope that each and every one of you is staying safe and healthy, and we hope you are all successfully navigating these unprecedented and challenging times. I will begin with opening comments, and then I will ask my keys to discuss performance of our U.S. and Canada business unit. Ms. Felix will review our Mexico and Latin results. Gordon Brown will discuss our results in the EMEA and APAC regions. and Fernando Suarez will then walk you through our financial results. We have all encountered an unprecedented and unparalleled situation with the global COVID-19 pandemic. This challenge has impacted each of our daily lives, our families, and how we do business on a daily basis. We hope for our return to a more normal times and an economic recovery across the world. But in the interim, we need to be cautious and careful how long will this take. At Tecle, we responded quickly to the rapidly developing crisis and evolving macro environment. Before the pandemic declaration from the WHO, we have already begun early in the year with a one-room approach in our globally integrated supply chain by working closely with our supplier and distribution partners to develop plans to ensure we can continue to support our customers around the world. Once the pandemic was declared, we took on business continuity measures and transitioned many of our employees to working remotely from home while maintaining production and business activities, as well as ensuring the health and safety of all our employees. We are extremely appreciative of the efforts of each one of our employees and their dedication during these extraordinary and unprecedented times. As the first quarter progressed, the impact of COVID-19 containment measures across our global markets accelerated and began to impact volumes. This has continued into the second quarter, in particular as the on-premise channel has been mostly shut down. Notwithstanding these challenges, during the first quarter, net sales increased 5% year-over-year on an underlying basis. despite a volume contraction for the same period. A strong financial position with a solid balance sheet and global liquidity enable us to better navigate these complex macroeconomic and business conditions. Additionally, the strength of our grants along with our high exposure to off-premise sales in key markets is mitigating the impact of down volume and we remain well positioned with the leading portfolio of brands in high-growth categories across the global spirits industry. On the social responsibility front, we are committed to support those in need during these extraordinary times. In this sense, I'm proud of our recent charitable activities, which include donations of $1.2 million and other efforts as part of our commitment to help families and individuals who have been affected by the economic impact of the COVID crisis. The funds will be directed to the children of restaurant employees, a nonprofit dedicated to serving the children of food and beverage service employees who are facing the crisis. The World Central Kitchen, a team of food first responders, mobilizing with urgency and getting meals to those who need them most, including children, families, and seniors, as well as frontline healthcare workers and to the U.S. Bartender's Guild Emergency Assistance Program. Additionally, we have donated hand sanitizers to first responder teams and health centers around the production facilities in Indiana, Colorado, California, New York, and Northern Ireland. In Mexico, we then donated to the Ministries of Defense and Navy 40,000 liters of sanitizing product, which is being used to protect the health of first responders and others in the handling of the crisis. Next week, we will also announce a plan to support 11,000 food service employees. Now let me turn the call over to Mike Keyes to discuss our U.S. and Canada results.