Solvay Sa Act

Hello, and welcome to the Solvay Half-Year 2025 Results Conference. My name is George. I'll be your coordinator for today's event. Please note, this conference is being recorded. After the duration of the call, your line will be in the listen-only mode. However, we will have the opportunity to take questions towards the end of the presentation, and this can be done by pressing star 1 on your telephone keypad to register your question. If you require assistance at any point, please press star 0, and you will be connected to an operator. And I'd like to hand the call over to your host today, Mr. Geoffroy Dutremont, Head of Investor Relations, to begin today's conference. Please go ahead, sir.

Thank you, Georges. Good afternoon, everyone, and welcome to Solvay's second quarter and first half 2025 earnings call. I'm Geoffroy Dutremont, Head of Investor Relations, and I'm joined here today on the call by our CEO, Philippe Queren, and our CFO, Alexandre Blum. This call is being recorded and will be accessible for replay on the investor relations section of Solvay's website later today. I would like to remind you that the presentation includes forward-looking statements that are subject to risk and uncertainties. The slides presented in today's call are available on the website. We will first discuss the second quarter earnings and then the outlook for 2025, and then we will take your questions. Philippe, The floor is yours.

Thank you, Geoffroy, and hello, everyone. As usual, we will start with a word on safety. We continue to work hard on the transformation of the safety culture. The task force that we put in place last year, supported by external advisors, is visiting our sites and taking actions to improve the safety of our people. of reportables is stable, but the number of high potential incidents is decreasing and that's encouraging. So let's continue our efforts, be disciplined and work on our mindsets and behaviors and it will pay off. Safety will always be our number one priority.