Good day everyone, and thank you for waiting. Welcome to BR Partners conference call to discuss first half 2022 earnings results. Here with us are Ricardo Lacerda, CEO, Marcelo Costa, CFO, and Vinicius Carmona, IRO. We inform you that this event is being recorded and that all participants will be in listen only mode during the presentation of BR Partners. Later, there will be a question and answer session when further instructions to participate will be provided. Should you need assistance during this conference call, please dial star zero for the operator. This event is also being broadcast simultaneously over the internet via webcast and can be accessed at ri.brpartners.com.br where the respective presentation can be downloaded. Slide selection will be controlled by you. The replay of this event will be available soon after the call has ended. We remind you that webcast participants may also post questions to BR Partners, and these will be answered after the conference call is over by the investor relations team. Before proceeding, let me mention that forward-looking statements that might be made during this conference call relative to the company's business perspectives, projections, and operating and financial goals are based on the beliefs and assumptions of the management of BR Partners, as well as on information currently available to the company. Such forward-looking statements are not a guarantee of performance. They involve risks, uncertainties, and assumptions, and refer to future events, and therefore depend on circumstances that may or may not occur in the future. Investors and analysts should understand that general economic conditions, industry conditions, and other operating factors may also affect the future results of the company and may lead results to differ materially from those expressed in such forward-looking statements. Now I would like to turn the presentation over to Vinicius Carmona, the company's IRO, to start the presentation. Mr. Carmona, you may begin. Good day, everyone, and thank you for participating in our first half 2022 earnings conference call. Despite the major macroeconomic challenges during the first half year marked by a scenario of global inflation and rising interest rates, we had a very positive half year in which we were able to show the intelligent use of the capital raised with the IPO last year in order to develop our business lines. This was a half year of strong growth in revenue and profit with preservation of profitability and margins. Let's start the presentation on slide two with the company's highlights in the first half. Our total revenue totaled BRL 199 million, up 31% compared to the first half of 2021. Net income was BRL 80 million in the half year, increasing 22% over the same period of 2021 with a net margin of 40%. In turn, annualized ROAE reached 21% in the half year. It is important to point out that our ROAE is a 100% accounting indicator without any management adjustments. Shareholders' equity was BRL 758 million in June 2022, down 0.2% quarter-on-quarter due to the provisioning of interim dividends and up 3.6% compared to the same period last year. Efficiency and compensation ratios were 33% and 21% respectively, indicating once again our operating leverage and control of the company's expenses. Basel ratio remained adequate and stable at 28.8% in June 2022. Our private securities portfolio and bridge loans reached BRL 1.1 billion at the end of June 2022, growing 28% quarter-on-quarter and 93% year-over-year. On slide three, we see the other highlights of the first half. We received an upgrade from risk agencies Fitch Ratings and Moody's, which raised our rating to AA-. The upgrade was a consequence of the company's solid track record of results and profitability and the greater diversification of revenues since we had the IPO last year. We also highlight that we approved the payment of interim dividends at a meeting of the board of directors yesterday. We will pay 39 cents per unit, totaling BRL 40.9 million in dividends. The dividend ex-date will be August nineteenth, 2022, and payment date disbursement will happen in August, on August twenty-fifth, 2022. Next, we will explain the results of our business units starting on slide four with investment banking. The investment banking area posted revenues of BRL 73.2 million in the first half of the year, down 15% in relation to the same period of 2021 due to the slowdown already expected, mainly in M&A activity. This deceleration reflects a less favorable environment for doing business, with a more expensive cost of funding, a very volatile market, and companies finding it less easy to raise funds from investors when compared to the scenario we had last year. Even so, the level of activity remains good and with some opportunities in some sectors of the economy, as we can see on the slide. Between April and June 2022, we announced 11 transactions. Among them, advisory to BNDES in the context of the privatization of Eletrobras. Financial advisory to Fleury in the context of the acquisition of Instituto Hermes Pardini. Financial advisory to Giga Atacado in the context of the sale to Cencosud. Financial advisory to VBI Real Estate in the context of the sale to Pátria. Advisory to Tupy for the purchase of MWM in the engine industry. Considering the last 12 months, this area announced 24 transactions distributed across a diversified pipeline, as we can see in the upper right chart, highlighting the following sectors: oil and gas, retail, and pharmaceutical. Regarding the types of investment banking advisory services, we observe in the lower chart on the right an important diversification of our activities with a natural, strong presence of M&A, our main activity. Now we will see the highlights of capital markets on slide number 5. In capital markets, we continued the development of our thesis focused on financial disintermediation. In this first half, despite the continuous rise in the Selic rate, some factors explained the good performance of the capital market in Brazil. The fact that the market is closed to funding via the stock market has made room for DCM to absorb part of the demand for funds from companies. We're also going through an active moment in infrastructure projects. In addition, investor appetite for fixed income products has increased considerably with this higher level of interest rates. In other words, this landscape led to good opportunities to issue debt in the first half of the year, mainly debentures. Where the capital raised with the IPO played a key role in helping us gain competitiveness in structuring this product with our clients since we began to use the balance sheet and provide firm guarantees in some operations. Net revenues totaled BRL 47 million, increasing 13% over the first half of 2021. As you can see in the bottom left chart, we have structured new products and showed greater diversification in the mix of debt issuances since the IPO in June of 2021. The volume of issuances reached BRL 3.7 billion in the half year, with 23 debt issuances in total. We issued nine MBS operations, five real estate investment funds rates in Fiagro, 4 debenture issuances, one being infrastructure, one ABS, and four bridge loans. In the graph on the bottom right, we present the sector breakdown of clients according to debt issuances in the last 12 months, highlighting an increasing sector polarization as we expand our activity in new products with new issuers. To conclude, we are prepared to continue capturing good opportunities in the market, focusing on structuring debt for good clients and targeting the continuous development of the Brazilian capital market. I now turn the floor to our CFO, Marcelo Costa, who will continue the presentation. I would like to start highlighting that we decided to change the name of the area from the area called Sales and Trading and change it to Treasury, Sales and Structuring in order to make it clear that the area is totally focused on structured treasury solutions for clients and that our trading desk does not perform proprietary risk operations. In the first half of 2022, the area continued to consolidate the expansion of its operations, taking advantage of the capital raised with the IPO. Total revenues totaled BRL 34 million in the half year, a substantial 136% increase over the same period last year when we still had a capital constraint. In terms of activity, the more active market in DCM activities in Brazil has strengthened the derivatives pipeline and expanded access to new large clients. We also have observed a greater recurrence of revenue from products and clients from different economic sectors. In addition, we have been working increasingly to develop cross-selling with our capital markets area, which has been generating good opportunities. We have a healthy balance sheet to continue with our strategy of growing the areas platform. In investments, we posted revenues of BRL 2.4 million in the half year. Revenues grew 87% compared to the first half of 2021. This rise of revenues stemmed from the growth in our AUM, assets under management, with the beginning of the management of FIP Pet at the end of 2021. In capital revenues, we observed significant growth in the half-yearly comparison, reflecting the increase in CDI capital revenues due to the increase in the Selic rate and the capital increase in June 2021 with the IPO. Next, we will present more detail about our capital and funding. On slide seven, we show the growth of our private securities portfolio and bridge loans, which totaled BRL 1.1 billion at the end of June 2022, up 28% over the previous quarter and up 93% over June 2021. This increase is explained by growth in the private securities portfolio, in line with our strategy of using capital more smartly and more actively in the debt issuances that we structured and co-invested in with our investors. It is worth remembering that 100% of this portfolio is made up of securities of companies whose debt we structured with a complete due diligence of the loans done by our credit risk areas. We highlight that 95% of our portfolio is rated between double A and B, with no non-performing loans according to the criteria of Resolution 2682 of the Brazilian Central Bank. In the first graph, we present the bank's leverage, which was 1.7 x in June of 2022, an increase over previous quarters, but still leaving plenty of room for us to implement our strategy to grow assets in the upcoming quarters. As for the Basel ratio, we ended June of 2022 with a Basel ratio of 28.8%, stable quarter-over-quarter, and quite adequate, allowing us to continue to implement our strategy of expanding the private securities portfolio and bridge loans, as well as continuing to grow our derivatives operations. We underscore that 100% of the company's Basel ratio is Tier 1. On Slide 8, we present the evolution of the company's shareholders' equity, which totaled BRL 758 million in June 2022, down a slight 0.2% this quarter due to the provision of payment of supplementary dividends to be paid on August 25. Shareholders' equity was up 4% compared to the same period last year. On the bottom graph, we present the evolution of the company's funding. We reached a funding of BRL 1.1 billion at the end of June 2022, up 131% over the same period of 2021. I would like to point out that we continue to increase our funding to be prepared to continue leveraging the bank in a portfolio growth strategy while maintaining rather comfortable levels of liquidity. Average term of funding with third parties was 256 calendar days. In the next slides, we will talk about our performance indicators. In slide 9, we present the evolution and composition of our revenues considering service fees and capital revenues. Regarding the evolution of revenues, we recorded growth of 31% in the first half of the year as a result of the good performance of our business lines. As for revenue composition, in the first half of 2022, 56% of our revenue came from service fees, a decrease in relation to the same period of 2021 due to the strategy of greater usage of capital in the Treasury, Sales and Structuring area and Capital Markets area, which also supports us in generating more revenue from services. In addition, we must also consider the impact of the higher interest rates on revenues from equity invested in government bonds indexed to the Selic rate. In the bottom of the slide, we present the evolution of our efficiency and compensation ratios, which in the first half of 2022 were 33% and 21%, respectively, remaining at healthy levels and indicating our operating leverage and effective control of expenses, even with a considerable headcount increase compared to last year. On the next slide, we present our net income and profitability for the period. On slide 10, net income in the first half of 2022 was BRL 80 million, up 22% over the same period last year, a reflection of the strong performance of our business lines. In the quarterly comparison, net income totaled BRL 40 million, up 29% compared with Q2 2021. Accounting net margin remained healthy at 40% in the first half of the year. As for profitability, our ROE was 21% in the first half of 2022, in line with the business plan we had before the IPO, even in a much more challenging business environment. In a nutshell, during the first six months of 2022, we maintained a strong pace of revenue generation with control over expenses and high profitability. We remain focused and working hard to continue to create value to our shareholders in the long run. I take this opportunity to invite our investors to follow the company's daily routine through our social media where we post transaction announcements, we discuss important economic topics, and we also help the market better understand the activities of an investment bank. We will now be available to answer your questions. Thank you very much. Ladies and gentlemen, we will now begin the question and answer session. If you want to ask a question, please dial star one. To remove your question from the queue, please dial star two. Our first question comes from the webcast, asked by Ricardo Buchpiguel with BTG Pactual. Could you please give us an update on the unfolding of the process to acquire a wealth management company? What kind of company, what size of company are you considering? Thank you, Ricardo, for the question. Well, for more than a year now, we have been considering a number of company sizes. We funneled down this discussion with a short list of companies that we think have a more strategic fit with us, the team, the systems. Today, we have basically two conversations that are ongoing. One is a small to mid-size company, but that has an interesting team for us. The other one, which is quite larger, that would contribute in terms of revenue, and that would be more relevant for us. The challenge now is the economic negotiation. This is a market that suffered a lot of inflation given all of the acquisitions that happened in recent years. Oftentimes, these companies have a large volume of AUM. In terms of profitability, when we compare their profitability with ours, their profitability is very low. We have financial discipline. We are not going to go forward with any transaction that will dilute value for our shareholders. It's now some negotiation and convincing work, because when a large institution like BTG or XP or Itaú, when they're going to acquire such a platform, they are looking more at the top line and less at the bottom line, because they already have the whole structure. They're basically going to absorb the client base, add a base of assets. They don't really rely on a cost structure, teams, and systems of the companies that they are acquiring. That's not our case. We are not a player in that segment today, so we need to have somebody that will add revenue, team, systems, but also a player with a round, profitable operation as we are used to having in-house. I believe that we are going to see this topic evolving in the upcoming months. Again, a somewhat smaller company. What interests us is the team and some assets, and the other alternative would be a more relevant deal for us. We'll have to wait and see how the conversations evolve. Thank you very much. Our second question is also on the webcast, again by Ricardo Buchpiguel with BTG Pactual. We saw that the securities portfolio was growing a lot in the quarter, which should reduce the Basel ratio, but the Basel ratio remained stable. Could you explain the reason for that? Ricardo, thank you for the question. Indeed, we have been growing our portfolio of assets, and this is reflected in the component of capital allocation for credit risk. In the quarter, we did have an increase in this credit risk component, but this was offset by a reduction that we saw in our market component, RWA of the market. This is basically due to a reallocation that we performed in our position in REIT, real estate investment trusts. We use that as a passive product in our balance sheet. It does have more capital allocation. This is basically it. We continue to grow our RWA, and we continue to have a lot of room to implement the growth of this portfolio in the mid- to long-term. Thank you. Again, as a reminder, if you want to ask a question, please dial star one. Please wait as we collect questions. As a reminder, if you want to ask a question, please dial star one. Please hold. We are closing the question and answer session. I would like to turn the floor to Mr. Ricardo Lacerda for his final statements. Mr. Lacerda, please go ahead. Well, again, I would like to thank all of you for joining us in our conference call to disclose our earnings. We have been interacting quite a lot with a very broad base of investors, managers, and individuals. We're very happy with our earnings. Very similar results as in the first quarter, but in a much more challenging environment. We see the dynamic of our market for the upcoming quarters as remaining stable. What we see is that this inflation movement, higher interest rates, is getting to its top, to its apex, coming to an end. We still see robust economic activity, and the remaining variables in our segment are stable to positive. We envision a good quality in the balance sheet of companies and a dynamic which remains benign in our segment, despite some challenges that we have been facing. Again, I would like to thank all of you for joining us, and we are always available to continue to interact with our base of investors. This concludes BR Partners' conference call for today. Thank you for your participation. Have a great afternoon, and thank you for using Chorus Call.