Klabin Sa S/Adr

Good morning and welcome to Kolobin's conference call. At this time, all participants are in listen-only mode. Later, we will have a questions and answers session and instructions will be given at that time. We kindly ask that, for the benefit of time, each analyst asks a maximum of two questions. As a reminder, this conference is being recorded and the presentation will be in Portuguese with simultaneous translation into English. All participants will be able to choose which language they wish to hear by clicking on the interpretation button and the language of the presentation by clicking on the presentation screen located above. I'd like to make a brief announcement for those following us in English. This conference is being conducted originally in Portuguese. To switch, please press the interpretation button on the platform and then select the English language for English presentation. Click on the top to view English presentation screen. Any statements made during this conference call in connection with Klabin's business outlook, projections, operating and financial targets, and potential growth should be understood as merely forecasts based on the company's management expectations in relation to the future of Klabin. These expectations are highly dependent on market conditions, on Brazil's overall economic performance, and on industry and international market behaviors, and therefore are subject to change. We have with us today Mr. Cristiano Teixeira, CEO, Marcos Ivo, CFO and IRO, and the other officers in the company. Mr. Cristiano and Mr. Ivo will start by commenting on the company's performance during the third quarter of 2025. After that, the remaining executives will also be available to answer any questions that you may wish to ask. I will now hand it over to Mr. Cristiano. Go ahead, sir.

Thank you.

Good morning, everyone, and welcome to our earnings call. So on the slide number three, we'll quickly go through a couple of numbers. I brought a few slides for that. So just, and when it comes to volume, here we see our sales volume, which was higher due to our higher production. We have 25% more in pulp and 10% more in paper and 7% more in packaging. So this is a very important moment for all of us. But I would like to actually draw your attention to slide number four.