EQT AB (publ)

Good morning, everyone, and welcome to EQT's Q1 2025 announcement. We executed strongly across fundraising, investments, and realizations throughout the quarter, with $4 billion of investments, $4 billion of exits, and another $4 billion of co-invest for our clients. And as you will have seen, EQT Infrastructure 6 hit its hard cap, and we've progressed well with the BPA 9 fundraising. However, needless to say, uncertainty is elevated across global capital markets. And in today's call, we will discuss the outlook and how EQT as active owners manage the uncertainty. We will be joined by Per Francén, who will succeed Christian as CEO at our AGM in May. And with those words, let me hand it over to Christian and to Per. Next slide, please.

Thanks, Olaf. Good morning, everyone. And hello from IKT's Korea office. So before diving into today's agenda, I'm super happy that Per is joining the webcast. Actually, when I became CEO in 2019, Per took over my prior role as head of private capital. So I've already passed the baton to him once before. And as you've seen, he's done an amazing job. In fact, Per is, in my view, one of the best dealmakers across the private equity industry. He has a really strong and pretty unique track record of creating some of the biggest and best companies in our portfolio and creating the concept of running with the winners. And we've been working together for a long time. He's been with EQT for nearly 20 years. Like I said, he's on video. So with that, I'd like to hand the word to Per.

Thank you, Chris, and thank you for those nice words. Let me start off by saying that I'm thrilled to become CEO of EKT. Under Christian's leadership, we've built a truly global platform, and I think we're well positioned to continue to deliver performance for clients and to continue to grow the firm. We have a world-class track record across private capital, infrastructure and real estate. We have nearly 1,300 clients across the globe. We have a fantastic team of almost 2,000 colleagues across 25 countries. I'm very happy that Chris will remain at DQT as an institutional partner. Chris and I have worked together for close to 20 years, and I look forward to continuing our successful partnership in our new roles. At IKIT, we manage succession carefully across key roles. You will have seen that Bert and Erik have now taken on the roles of co-head of private capital in Europe and North America, and they are already fully in charge of that part of our business. Before handing back to Chris, let me say that I very much look forward to seeing many of you at our annual general meeting on the 27th of May in Stockholm and at our capital markets event in London on the 22nd of May. With that, I hand it back to Chris and see you all again in connection with the first half report.