Indra Sistemas Sa Ord

Good afternoon and welcome to the presentation of Results 2024. My name is Ezequiel Neto. I'm the Investor Relations Director. First, please allow me to refer you to the slide which displays the legal framework under which this presentation must be considered. I would like to introduce you to the speakers of this session. Mr. Ankeles Cubano, Executive Chairman of the Indra Group. Jose Vicente Los Matos, CEO of the Indra Group. Luis Abril, General Manager of Mintside. And I'm Miguel Forte, CFO of the Indra Group. Ankur, you have the floor. Thank you very much and thank you for joining us today. It's a pleasure to be able to address all of you today as the new Executive Chairman of the Indra Group. For those of you who don't know me yet, I have spent over 30 years in the defense and high technology industry. And during these years, I founded and led the company I founded with my brother Javier, which we turned into a benchmark in the defense sector. So we transformed Escribano. Well, from a manufacturer of mechanical components into a leader in high-technology defense products, expanding its industrial and technological capabilities, and now I'm facing a new challenge. In the present context, in this geopolitical context, it's actually the right one, and we are, of course... We, of course, both the Indra team and myself have the ambition that we need. I am the largest private shareholder in the company because I believe in its potential and its future. And we have an ambitious plan to be able to lead at the main – well, to achieve the main capabilities and technologies to lead the national and European programs. I have come to drive this change together with this amazing team. And today marks the beginning of a new Indra company. At the Munich Security Conference, where I was just a couple of weeks ago, I saw firsthand how Europe clearly has the need to strengthen its defense autonomy policy. For example, Ursula von der Leyen mentioned that Europe should aim to increase its defense spending up to above 3% of its GDP, or in the case of J.D. Vance, while he mentioned it is the time to invest in defense because we cannot just presume that American presence will be in Europe forever. Spain is following along the same lines with a commitment to grow its own national industry, and Indra will be the main tractor company. At Indra, we understood the message and we are ready to respond by increasing our capabilities, growing our portfolio of proprietary products and generate high-skilled jobs. In this context, our vision at Indra Group is clear to become the leading Spanish company in defense, aerospace and advanced digital technologies. We want and we can provide an industrial and technology response to the great challenges that Spain, the EU, and NATO are facing, positioning ourselves as leaders in both the civilian and military arenas with a multi-domain approach. In the land domain, we are going to lead the main vehicle programs such as the World Combat Vehicle 8x8 or combat support vehicles with our own manufacturing capabilities as well as military mobility with infrastructures and advanced logistics. And as you've probably been able to see at IDEX that took place in Abu Dhabi, we reached agreements with global leaders in military vehicles to expand international footprint. In the air domain, we want to reinforce our role as a national systems integrator and as a European provider in a program such as FCIS, a program that we actually called and at the same time would like to reinforce our role at a national level, in supplier, in defense programs, and the cloud. In the naval domain, we would like to consolidate ourselves as system integrators, forging alliances with leading platform providers, especially in our national industry. In cyber, we aspire to become a national leader in cybersecurity and cyber defense, Let's just remember that Indra Group has been building national capabilities for over a decade and leading European projects both in EDA and EDF that we've been leading from our company. In space, our objective is to be leaders and become a tier one European leader. We want to provide the sovereignty that both Spain and Europe require, and we have created IndraSpace, with which we will be leading this amazing change with a value proposition that we will show in the clip that we've prepared for you after this slide. To be able to reach our objectives in the five domains we are strengthening, our industrial and productive capabilities with initiatives such as the new Indra technology hub that we will introduce later. And along the same lines, we have accelerated our industrial plan to optimize efficiency and increase production, achieve greater autonomy to develop our solutions, and ensure a sustainable and continuous growth of our company. Before handing over the floor to José Vicente, as I mentioned earlier, I would like to share with you a video to explain our ambitious vision about the inverse role in space, please.

In a constantly evolving world, marked by rapid changes and geopolitical uncertainty, space has become a strategic cornerstone for sovereignty and defense. Its impact is crucial for ensuring secure communications with comprehensive coverage, advanced protection through satellite observation, space surveillance and geolocation. INDRA Space MuCo emerges as a unique player in Europe. Its dual civil and military approach along with its end-to-end capabilities allows it to control the entire value chain from the design and manufacturing of satellites to the development of control centers as well as operation and service provision. This integrated positioning drives its scale and competitiveness facilitating access as a leader to large programs With its own infrastructure for the manufacturing of low Earth orbit satellites, INDRA Space will establish standardized and scalable production, ensuring profitability and efficiency. Furthermore, it will lead the development of satellite flight software and command and control centers for advanced missions. As a multi-orbit constellation operator, Indra Space drives the vision of Iris Square, the European Commission's initiative to ensure secure satellite communications for governments and organizations. In this context, it will deploy global coverage and resilient connectivity to facilitate decision-making and support critical operations in both civil and military environments. Secure communications are essential for enabling key defense concepts such as the combat cloud and multi-domain and collaborative warfare. In the civil field, it will bring connectivity to remote regions where today it does not exist and it will transform air traffic management by ensuring communication between controllers and aircraft in oceanic areas. For Earth observation, IndraSpace relies on state-of-the-art satellites that provide real-time images, and it applies artificial intelligence. This means that threat detection, coastal and border surveillance, and the protection of critical infrastructure are significantly enhanced. In the field of space surveillance, it has one of the most advanced radars in the world, and data intelligence for greater anticipation of threats. Additionally, IndraSpace will deploy essential elements for strategic geolocation. Europe has taken a firm step to boost space and it is advancing towards the creation of an ecosystem of secure communications, observation and navigation. At the heart of this transformation is Indra Space, a unique European player with a comprehensive end-to-end strategic proposition destined to lead the future of space.

And now, José Vicente, you have the floor to share with us all the progress made in the last year. Yes.