Galp Energia SGPS SA

Good morning, ladies and gentlemen. Welcome to GALP's fourth quarter and full year 2024 results presentation. I will now pass the floor to João Gonçalves Pereira, Head of Investor Relations.

Good morning, everyone, and welcome to GALP's fourth quarter and full year 2024 Q&A session. In the room with me, I have both our CEOs, Maria João and João Diogo, and the executive team. But before passing the mic for some quick opening remarks, our usual disclaimer. During today's session, four looking statements are based on our current estimates. Actual results could differ due to factors outlined in our questionnaire statement within the materials we released this morning. João Diogo, the mic is yours.

Thank you, João, and good morning, everyone on the line. I'm very pleased to be here today, aside with Maria João, side by side during the last month or so. This has been a true pleasure. We have a fantastic journey ahead of us, and I'm confident that the co-leadership model will take the best of us, fostering collaboration and our complementary skills and experiences. Allow me also to welcome Nuno Bastos to the executive committee. Nuno was previously leading strategy and M&A, and he will now oversee our upstream division. GALP's strategic path remains unchanged. Our Board has an active role in the assessment and decision-making of key strategic options. We will continue delivering Gulf Strong Investment Case, de-risking and growing our remarkable upstream portfolio, whilst transforming an integrated mid-downstream position. Maria Joana?