Good morning, everyone. Thank you very much for waiting, and welcome to Allied's meeting for earnings release. I am Lia Camargo. I am the IR manager. I would like to inform you that this is being recorded and there is simultaneous translation available. The presentation is already available at our website. The presentation will be available. There will be a Q&A, and you can send your questions on the chat box throughout the entire presentation. As a disclaimer, any presentations are based on the company's management expectations for the futures and may or may not happen. Here we have Silvio Stagni, our CEO, and Thalita Basso, our IR head. Hello, good morning, everyone. Good morning, Lia. Last night, we have released our second quarter Q, and today Thalita and I will be giving you more details about that. We've had remarkable results during this quarter. We were able to increase our revenues, pretty much revenued by the distribution in Brazil, with an increase of 8.6% in physical retail, with an increase of 11.7%. Not only that, we were able to deliver operational efficiency with better gross margin and an excellent control of operating expenses with results that are even better than last year. The results are net revenue that is 130% higher than last year in net income. It was a difficult year nonetheless. There was an increase in demand, especially, of course, because of the use of AI, putting a lot of pressure on the costs of the products as well as availability. Despite all of that, we were able to present relevant and strong results. For retail, strategic digital partnerships, and distribution, we have great results, and I will be telling you more about that on the next slides. Talking about figures, our net revenue has increased in 4.7%, which is the best second quarter net revenue since 2023. As mentioned earlier, pretty much because of distribution and retail. Our gross profit had an increase of 14%, showing our discipline in sales. We were able to increase 1 percentage point in our gross margin. Our operational expenses also had a decrease, bringing our EBITDA up in 37%, and our EBITDA margin also increasing by 1.2 percentage points. We had 34% reduction in financial expenses, improving then our net income to almost about 131%. Our free cash flow is in BRL 123.6 million, and our cash position also strong with about BRL 350 million. Our ROIC is also above the basic interest rate in Brazil. A number of BRL 349 million, showing that our net debt represents about 0.2x our EBITDA, and we didn't even have to anticipate our payments. To elaborate on the revenue, the greatest news here is that not only is it growing in Brazil, but also in our international operations. We're talking about a 5.6% growth in Brazil, 1.4% in international operations. We were already saying that our international revenue would go back to the previous levels, and so it has happened. So we had great growth in Brazil and also Miami. Looking at the breakdown of our revenue, we can see that distribution keeps going on strong, representing 53% of our total revenue. Miami is still growing, representing 21% of the total, so recovering the levels that we've had last year. Physical retail also representing 9% of total. It is especially relevant when we consider that we have less physical stores than we have had in the past. There was only a decrease for the physical retail, and I will be detailing that as well. About distribution. In Brazil, we have had robust results with 8.6% growth. Looking at GfK, in the second semester, the total market in Brazil has decreased in laptops by 4.4%. So an increase in distribution shows that we have increased our market share, both in mobiles and laptops. For the net revenue, 1.4% growth compared against the other quarters, bringing us back to the previous levels that we used to have. About our total retail, both online and physical. Here we are talking not only about our Samsung stores, but online shop as well. The physical retail presented a growth in 11.7%, and online retail decreasing by 8%. This growth in physical retail is quite relevant, especially considering the moment that we are going through in Brazil, given at levels of the consumers' high interest rates, debt of other players in retail. This growth of 11.7% is quite relevant. When we talk about our online retail, it has different avenues. For example, our strategic partnerships, our shop. Everything is growing except for Mobcom. In our physical stores, we have made the decision to sacrifice our revenue to avoid having any impacts on the gross margin or cannibalization. Excellent results. 11.7% growth, and even more than that is the same store sales accelerating to 18%. It comes as a result of the launch of Galaxy S26. It is important to say that during this quarter, we continued to shut down some stores. Nevertheless, we opened up two new stores that are strategic. We used to have 110 stores in the second quarter of last year. Currently, we have gone down to 92 stores, presenting this significant growth. Our monthly income per store also has grown. We used to have BRL 356,000. This quarter we went up to more than BRL 400,000 a month, showing a growth of 34%. This is not only because of the launch of the S26, but also because our Tizen OS, which is the Samsung ecosystems as well as insurance. This quarter or this semester, we were able to increase our sales relevantly as well, increasing then our average ticket and the revenue in 11.7%. For the online retail, on the graph to the left-hand side, you can see the three main pillars that we have for online retail. Trocafone is the greatest highlight, with an increase of 49% in revenue comparing to last year. For partnerships, our revenue has decreased by 6%, but it is still representing half of our market share. The main partnerships such as iPhone pra Sempre, HP, have grown. What has caused this decrease in strategic partnerships was that last year we had a partnership with Nubank that we do not have any longer. Mobcom had a decrease of 52% in the revenue comparing 2026- 2025. The online retail is aggressive in terms of price. This is why we have decided to sacrifice our revenue at Mobcom in exchange for our profitability. This is why we have decreased our share of Mobcom. Trocafone has definitely presented great results. We have this partnership for four years now, bringing an expansion of about 167% every year. This quarter alone, we had a gross revenue growth of over 45%. Our EBITDA margin also growing in 7 percentage points. We currently are the most important refurbished product in several residences. We are present at Mercado Livre, Shopee, Magalu. Our hypothesis of refurbished products in Brazil was definitely a precise one. For the B2B channel, we were able to sign on very important partnerships. First of them is Targus, which is a complete go-to-market platform. We are now their exclusive distributors in Brazil. Even more than that, we are also responsible for their store management, sales for B2B and retail. We are also the sole distributors for Jamf, which is the largest Apple solutions in Brazil, and the biggest one in Brazil. We also signed a contract with Starlink, so Allied will now start distributing for the Brazilian retail market in August. Even more than that, we will also participate in sales at stores, and we will sell not only products, but also services. We have high hopes for this partnership. Lastly, but not least, we also signed a contract with Meta. We now are the exclusive distributors of Ray-Ban Meta smart glasses in Brazil. We will begin distributing their products before the end of year. Now, finally, our reported profit. We are proud to say that ever since we began the operations in 2021, we have been profitable every quarter, every semester. Offsetting some results, some numbers, the second quarter of this year was the highest profit that we've ever had. Also with a great evolution in revenue and EBITDA, 43% of our revenue has become EBITDA, showing a great conversion into net profit. 22% of our revenue is now net profit, showing how efficient our operational leveraging is with expensing growing at a slower pace than our revenue. Thank you very much. Now Thalita will bring you more financial results or details. Thank you, Silvio and Lia. Good morning, everyone. Thank you very much for joining us. Our second quarter at Allied is extremely strong, showing great strategy and best practices being consistently applied. With that, we were able to increase our sales or our revenue in 4.7%, and even higher growth in EBITDA of 37%, getting to BRL 73.8 million. Therefore, our net income also growing at 130.8%, getting to BRL 36.6 million. Of course, cash and leverage with a very comfortable position at almost BRL 350 million. I will be elaborating more on how Allied was able to achieve those numbers. When we compare quarters of our net revenue, we had a growth of 4.7% in all the channels. Brazil distribution went from BRL 740 million up to BRL 423 million. Our digital apparently had a decrease. Nevertheless, our strategic partnership with Trocafone, which is one of our greatest growth drivers, went up by 15%. The only hit was at Mobcom, because our focus there is to increase our gross margin, so of course, the strategy is different. That's why there is this oscillation in revenue, especially to avoid cannibalization. In Miami, we were able to pretty much keep our numbers in BRL. In dollars, of course, there was an increase because there was an increase on the exchange for BRLs. We also went from BRL 122 million- 127 million. Allied sold some physical stores in the state of Paraná, focusing on management and tax benefits. We also incorporated other stores in the metropolitan area of São Paulo. Even though we have less stores, we have higher revenue in same store sales, as Silvio Stagni has mentioned, presented a growth of 18%. On the bottom left-hand side, this table definitely showcases how powerful Allied is and how great is our sales strategy. Our gross margin was extremely robust in the second quarter of 2026. For the international distribution, our margin is pretty much stable, a little over 2%. A very important strategy of low gross margin, but it is pretty much all net margin, and it requires no cash flow. Pretty much we get paid before we have to pay for them. The distribution in Brazil had a great growth as well, going up to 94.4%, showing how strong Allied was during this period. Digital went up to 25.6% as well. In general, Allied presented a growth of 11.7%. On the right-hand side, we can see the total net revenue with a growth of 1.1%. Nevertheless, Brazil's operation had a growth of 4.8%, which is higher than GfK for the main categories that we sell. The bottom left-hand side graph represents how successful Allied is in becoming an ecosystem to its consumers. This graph shows that retail represents more than 50% of our gross margin, our gross profit, sorry, showing how strong and consistent we have been. One of our strengths is about the gross profit that can be converted into net profit and EBITDA. We can see in this graph the actual money and then the increase in expenses over time compared to gross profit. In this quarter, and of course there is the seasonality, but comparing the second quarter of 2026 to the second quarter of 2025, we can see that there is a decrease, which means Allied was able to transform that gross profit in EBITDA, growing from 36%- 43%. This orange part of the graph shows our financial result, plus the D&A, as well as our strategic management of the direct responses, decreasing that load to 22%, growing our net, recurring net profit from 16% to 21%, going up to BRL 37 million. On the right-hand side, we can see the evolution of operating expenses. Comparing quarters, we had this decrease of BRL 1 million, showing that as a good practice as a part of our strategy to optimize our operating expenses to try and offset the inflation pressure there is in our chain. This is how we were able to increase our EBITDA. This is on the bottom right-hand side, we have the adjusted financial result. We had a very strong and accurate management of debt, showing our leveraging, our debt structure, as well as how we work on our cash flow. Comparing quarters, we are talking about savings of BRL 8 million, which is quite relevant. With this working capital. On this slide, and this is a great slide to show the actual gains, the ROIC. Comparing quarters in a historic line, in a timeline, we can see the ROIC that Allied has been delivering, comparing it to the Selic, or the basic interest rate here in Brazil. Even when the interest rate is as high as it is right now in Brazil, we were able to deliver best results. In this quarter, in the last year alone, we are talking about 6.1 percentage points above the Selic rate, and that was only possible due to the hard work and consistent work that the company was able to deliver. This is how Allied can actually transform our gross profit, not only in EBITDA and net profits, but also cash flow. Comparing the second to the first quarters of this year, we can see that we had a generation of BRL 124 million with strong EBITDA, with a positive working capital. Also following the amortization of our debt, we were able to pay the second installment of our debentures, as well as the interest with Banco do Brasil. Even with all those payments, we were able to go up to BRL 350 million. In this result, as Silvio already mentioned, we have about BRL 500 million in receivables that we did not have to anticipate. So we use our flow that works as a buffer for us to increase our liquidity. Comparing our accumulated cash flow, we were actually able to present a FCF in almost BRL 92, showing this working capital that had some oscillations because of the seasonality. Nevertheless, in this quarter, we were able to pay several vendors with a very healthy working capital and cash flow. We have distributed our profits. We have already paid our shareholders, and we had BRL 275 million in December of 2025, and we keep with a very high working capital now at BRL 348. So very healthy, very liquid cash position. On this slide, we talk about our profitable platform with consistent cash conversion. We can see on this timeline the performance of our free cash flow. Up to date, we have 113% in conversion with an EBITDA of BRL 247 million, making Allied a great dividend payer. Our management is driven not only to generate profits in EBITDA, but actual cash flow for our business and for our shareholders, which brings our FCF yield up to 55%. In terms of leveraging, Allied keeps with low debt levels with good amortization of the debt. For the fourth quarter of 2026, we will be paying the sixth debenture, and between 2027 and 2028, we will pay the other two debentures, and then we only have the debt that was reprofiled last year. So it takes off the pressure in the short term and also allows Allied to fight any possible hardships this year and next year, because again, it takes off pretty much all the pressure for our debt. So we keep our leveraging very low. In this quarter, we went to 0.2x of our net EBITDA. This is the last slide, putting into perspective the greatest figures. Our net revenues is stable. The second quarter of 2026 had this great number. We got to BRL 1.4 billion. Our recurring EBITDA is increasing. We got to BRL 5.1, which is a result that is pretty much the same as the first quarter, increasing our EBITDA in almost BRL 20 million. It is also a reflection on our gross profit. We have high profitability. Our gross profit was BRL 170 million, and our net recurring net profit also 2.5% of everything was sold with BRL 36.6 million, especially if we remove the JCP in the third and fourth quarters of 2025, when we could convert our profits. We got to 36.6%, and all came for our operations alone. This is what we had to show you. We would like to thank you all, our employees and our partners for another great quarter. Thank you very much, Thalita. Now we will get to our Q&A, and just wanted to remind you that you can write up your questions. The first question comes from Vinicius Pretto from Itaú BBA. He says that the gross margin of Brazil's distribution has been a great surprise and got to the highest levels recently in the most recent story. What is your opinion on the sustainability of these results, and does that evolution reflect actually structural gains or portfolio management, and is it related to the current environment in Brazil, prices, offers, and product portfolio? Thank you very much, Vinicius, for your question. I will try to answer in the best way that I can. You start by talking about our gross margin of the distribution. We went up by 14.2%, which is, yes, a high number. What I wanted to highlight that Allied is a company that is great in sailing moments of uncertainty in the market. We have great management in terms of credit, inventory, logistical processes, and when we consider a year such as this one, when we had some situations when the inventory was under more pressure, especially when we talk about memory capacity. This has been a problem for all electronic devices, right? TV sets, video games. There was this increase in the cost for memory. We were able to be more efficient in this management. That, of course, has earned us great gains, especially when we consider that the interest rate is as high as it is right now. It shows that we were very efficient in managing the credit. Now more than ever, we are seen as a solution provider. Of course, we are not giving any guidance for the future. But Vinicius, let me tell you that this level of gross margin is due to our commercial discipline and has a strong component of this unstable moment in the market that was a reality for the two first quarters of this year. He also asked, even with the current pressure on the memory costs, the market then had higher costs for the second quarter. What are the trends that you have been observing in customer behavior between the different categories or price ranges? On the side of the supply, how is the evolution of product availability and price dynamic over the last few years? Thank you. At the beginning of the year, manufacturers were telling us that this problem of memory would have an impact both on cost and availability. On the second semester, we have not had any impacts because we did not have any shortages, so our vendors were very efficient in preserving the supply in Brazil. Again, in Brazil, all manufacturers have local processes, so it is important to them to keep the volumes to make sure that the plants will keep being efficient. This is why we did not have any problems in terms of availability. The prices have grown in different categories with different impacts. When we look at GfK, the prices have increased the most for laptops. They were the most affected by this memory issue. Nevertheless, it has increased in 4.6% in value and about 8% in volume. You can see that there is this increase in about 13% of the average price in laptops. Nevertheless, the market keeps growing. Talking about smartphones, which is the largest share of the electronic market, there was a decrease of the market in terms of prices in 0.6% and 7% in volume. The market was able to pretty much offset this increase in prices of about 7.6% in the second quarter. The TV set market has grown in 18% in value, 15% in volume, so it shows a difference in this quarter of only about 3.6%. Now, about customer behavior, it has different points. For TV sets, of course, there was the World Cup, and this is why TV sales went up, as they usually do historically. Any impact in terms of availability and prices has pretty much been nulled. The market grew strongly. For smartphones, we have launched a new model, S26, which was quite relevant, and that increased the average ticket for all of our stores. This increase offset 7.6% in the first semester, in my opinion, will be sustained for the next semester, and the biggest impact will be on the cheaper products. Even so, the second semester is extremely important for the second semester, because that is when we have Black Friday, which is one of the main events in terms of discounts and campaigns. Not only that, we are also launching some new products for the Galaxy Z Fold line, and we also will have the launch of iPhone 18. So those are three major events. Despite all the problem with the memory, and even the possibility of having no availability for the cheaper products, we believe that the market will keep on strong. Up until this point, we have had a good semester in general with impacts that were not as relevant as we believed at the beginning of the year. Thank you very much, Vinicius Pretto. The next question is from Moisés Barcelos. He asked, now, having the results of the results in 2026, are you going to distribute compensation to the shareholders? We cannot give you any answers specifically about that, but let us talk about our policies for shareholding payments, right? Moisés, thank you very much for your question. As we said, Allied focuses not only in generating profits in EBITDA, but also converting that into fresh cash flow to, of course, pay back our shareholders and distribute those earnings. This is not something that we can positively state right now. Nevertheless, our policy at the company always appreciates in, again, having good financial results and generating free cash flow. I don't see any reasons why we would change that policy right now, considering our guidelines and our assumptions, not only for this year, but for years to come as well. Thank you. Thank you very much, Moisés Barcelos. We went over all the questions already. With that, we can close our meeting. Thank you very much for your participation, and the IR area remains available