Contl Ag S/Adr

You will hear music until the chairperson will open the conference. You will hear music until the chairperson will open the conference. You will hear music until the chairperson will open the conference. You will hear music until the chairperson will open the conference. You will hear music until the chairperson will open the conference. Music Music Music Music

This conference will be recorded. Dear ladies and gentlemen, a warm welcome to the Continental AG Analyst and Investor Call for Year Results 2025. At this time, all participants have been placed on a listen-only mode. The floor will be open for questions following the presentation. Let me now turn the floor over to your host, Max Westmeyer, Head of Investor Relations.

Thank you very much and welcome everyone to our Q4 and full year 2025 results presentation. Today's call is hosted by our CEO, Christian Kulz, and our CFO, Roland Welsbacher. A quick reminder that both the press release and the presentation of today's call are available for download on our investor relations website. The annual report will be published later this month on March 19th. Before we start, I'd like to remind everyone that this conference call is for investors and analysts only. If you do not belong to either of these groups, please kindly disconnect now. Following the presentation, we will conduct the Q&A session for sell-side analysts. To give everyone the opportunity to ask questions, we kindly ask you to limit yourselves to no more than three questions. With that, let me now, for a first time, hand you over to our new CEO, Christian Kutz.