Tomtom Nv Unsp/Adr

Good day, ladies and gentlemen. Welcome to TomTom's First Quarter 2026 Results Conference Call. At this time, all participants are in a listen-only mode. We will be facilitating a question and answer session towards the end of today's prepared remarks, at which time, if you would like to ask a question, you may do so by pressing star 1, 1 on your telephone keypad, where you will hear an automated message advising your hand is raised. If you are calling in via Microsoft Teams, please ensure you press star 11 from the keypad where the call is made and not from the Teams screen in order to enter the queue. Please note that this conference is being recorded. I will now turn the call over to your host for today's conference, Claudia Janssen, Investor Relations. You may begin.

Yeah, thank you. Good afternoon, everyone, and welcome to our conference call. In today's call, we will discuss the Q1 2026 operational highlights and financial results with Harold Corain and Thakur Tikhler. Harold will begin with an update on strategic developments. Thakur will then provide further insight into our financials. After their prepared remarks, we will open the line for your questions. As always, please note that safe harbor applies. With that, Harold, let me, for the last time, hand it over to you.

Yeah, thank you. Thank you very much, Claudia, and good afternoon, everyone. Thank you for joining us. I will start with a brief update on our strategic and operational progress, and then I hand it over to Taco for the financials. The first quarter of 2026, execution was solid, profitability continued to improve. Our core location technology business, automotive and enterprise, both made good progress, while revenue trends reflected transition be expected this year. In automotive, we see car makers accelerating their software strategies and taking more control of the in-vehicle stack. And at the same time, the industry continues to move towards higher levels of automation. Our lane model maps are becoming an important differentiator. We're building on that, working closely with OEMs to support advanced driver assistance and autonomous driving. In enterprise, we extended both our customer base and our use cases. We strengthened our position in traffic and traffic analytics through new partnerships, including ACOM, CapsTraffic.com, and LOCUS. These partnerships extend our real-time traffic data into infrastructure planning, traffic management, location intelligence. We also underline the value cuts in place in quality and depth of our data and on TomTom as a trusted partner. Overall, we have confidence in our progress. The steps we are taking, advancing our map platform and building strategic partnerships position as well for 2026 and beyond. Before I hand over a few words on the leadership transition we announced in March, Following a structured succession process, Mike Schoos has been appointed CEO in today's general meeting. Mike has been with TomTom for over 20 years and built our global commercial organization. He knows the company, he knows our customers, and he knows the market inside out. I'm confident he will lead the next phase of our strategy with clarity and momentum. As a co-founder, it's very satisfying to see TomTom move in this next chapter with strong leadership in place. And with that, I'll hand over Taco for the financials.