Rational Ag Lndsberg

Good afternoon and a warm welcome to everybody. Welcome to Rationale's earnings call for the first quarter of the fiscal year 2026. The results will be presented by the CEO, Dr. Peter Stadelmann and the CFO, Jörg Walter. Thanks to everyone who submitted questions to Rationale AG ahead of this event. We will post them in the chat box in a few moments for your convenience and to avoid potential duplications. Should you have additional questions during the presentations that have not been asked before, please feel free to submit them, and we'll address them all in the Q&A. This will be recorded, and you will be able to access the call later on on Research Hub and on the Rational IR page. With all this in mind, I will now hand it over to you, Peter, and thanks, everybody, for joining.

Thank you very much. Good afternoon, ladies and gentlemen. I would like to start our Q1 call with a short video on a customer in the USA. As you know, there we have our biggest potential probably for the next decades and a lot of work to do. Coastal Orange Beach is an expansive outdoor dining venue designed to accommodate up to 1,200 guests at a time. So during peak season, they handle between 4,000 to 7,000 a la carte covers daily, which is, of course, a huge challenge and requires careful planning. The kitchen of Coastal is nearly 100% rational with 21 CombiPro and 2 iVarioPro units. Let's listen to the corporate chef himself.

We all have the same common why and that's what drives us all. The unwavering pursuit of perfection. My name's Christopher Dickens, and I'm the corporate executive chef for Island Entertainment in Orange Beach, Alabama. We're at our coastal Orange Beach location.