Mercedes Benz Group Ag

Welcome to the global conference call of Mercedes-Benz. At our customer's request, this conference will be recorded. The replay of the conference call will also be available as an on-demand audio webcast in the investor relations section of the Mercedes-Benz website. The short introduction will be directly followed by a Q&A session. If you want to ask a question, please press 0 and 1 on your telephone keypad. To remove the question, please press 0 and 2 on your telephone keypad. For a question, please press 0 and 1 on your telephone keypad and 0 and 2 to withdraw. I would like to remind you that this teleconference is governed by the safe harbor wording that you find in our published results documents. Please note that our presentations contain forward-looking statements that reflect management's current views with respect to future events. Such statements are subject to many risks and uncertainties. If the assumptions underlying any of these statements prove incorrect, then actual results may be materially different from those expressed or implied by such statements. Forward-looking statements speak only to the date on which they are made. May I now hand over to Stephan Hoffman, head of Mercedes-Benz Investor Relations and Treasury. Thank you very much.

Again, good morning, ladies and gentlemen. This is Stephan Hoffman speaking. On behalf of Mercedes-Benz, I'd like to welcome you on both the telephone and the Internet to our Q4 and full-year results conference call. We are very happy to have with us today Ola Galenius, our CEO, and Harold Wilhelm, our CFO. You probably all joined our presentation right before. Just as a quick reminder, in advance to our upcoming Q&A session, the respective presentation with all 2021 figures and the outlook for 2022 can be found on the Mercedes-Benz IR website. Ladies and gentlemen, you may ask your questions now. The operator will identify the questioner by name. However, please also introduce yourself with your name and the name of the organization that you are representing before asking your question. A few practical points as always, please ask your question in English and as a matter of fairness, please limit the amount of questions to a maximum of two to give everybody on this call the opportunity to ask questions. Now, before we start, the operator will again explain the procedure.

Ladies and gentlemen, if you want to ask a question, please press 0 and 1 on your telephone keypad. To remove the question, please press 0 and 2 on your telephone keypad. Again, for a question, please press 0 and 1 on your telephone keypad and 0 and 2 to withdraw.