Good morning, everyone, and welcome to Light's Second Quarter of 2025 Earnings Call. Today's event will be held in Portuguese and translated into English. If you would like to listen to the translation, you can click on the interpretation button on the lower bar. This event is being recorded and will be available on the company's investor relations website, along with the materials used in this presentation, which can be downloaded there. Right now, all participants are in listen-only mode. After the company's presentation, we will begin the questions and answers session. If you would like to ask a question, please send it through the chat by clicking on the Q&A button on the lower bar of your screen. Before we continue, I would like to reinforce that any statements made during the company's presentation about its business perspectives, projections, operational, and financial goals are simply beliefs and assumptions based on the information that is currently available for the company. Remarks about the future are not a guarantee of performance. They involve risks, uncertainties, and assumptions, as they refer to future events, which therefore depend on circumstances that may or may not occur. Investors should understand that the general economic conditions, industry conditions, and other operating factors may affect the company's future results and make them different from those expressed in these forward-looking statements. With that being said, we will begin the company's presentation with Mr. Alexandre Nogueira, CEO, who will make the opening speech, followed by Rodrigo Tostes, CFO and Investor Relations Officer, who will talk about the company's results. We'll now hand it over to Mr. Alexandre. Go ahead, sir. Good morning, everyone. It's a pleasure to be with you today to present the results for the second quarter of 2025 and share a little of our vision of the progress we've made and also the company's next steps. I'd like to start by highlighting one point that has guided our decisions: quality and customer service. Since last year, we have significantly intensified our actions in the field with a focus on improving the supply of energy, the quality of customer service, as well as actions to combat losses and transform our infrastructure. During the year, the distribution company invested around BRL 700 million, with more than 60% going to initiatives linked to the quality of supply, mainly in expanding and modernizing the grid. We also invested around BRL 100 million in information technology as part of the process of digitizing our business. We continue to invest in teams and systems to make the company more efficient and closer to the customers. Results have been following quarter by quarter and are following the expected path of improvement. In fact, DEC was 6.2 hours in the last 12 months, the second best in our historical series, and FEC was 2.95 times, the company's best result. Both are much better than regulatory limits, even though we faced an increase of almost 30% in emergency occurrences in the second quarter of 2025. The average emergency response time fell by 40% year to date, while the percentage of incidents over 24 hours fell by half at the end of this quarter. It is among the lowest in the country. We also remain focused on protecting revenue, one of the distribution company's main challenges. Non-technical losses fell by 145 gigawatt-hours in the 12 months up to June, reflecting consistent and intelligent actions in the field, both in areas of greater operational complexity, where combating losses is more challenging, and in the conventional treatment area. Despite the challenges faced throughout the year, as Tostes will comment on later, the company recorded a net income of BRL 368 million in the first half of 2025, reversing the loss seen in the same period last year. This reflects, among other things, the positive effects of the restructuring of our debt. As part of the judicial recovery, another important stage was completed. In May, we held a reverse auction for the partial repurchase of Light Energia's bonds. The company repurchased $51 million at a discount of 5%, generating a financial gain of around BRL 20 million, recognized in the financial results this quarter. The volume repurchased, which was below the limit of $89 million set by the plan, is for us an indication of investor confidence in the group we are building. Finally, and this is the most important point for the company, we believe that we're getting closer to signing the new distribution concession contract for our distributor. Once it's renewed, Light will be ready to carry out the final stages of the plan, which are the private capital increase of up to BRL 1.5 billion and the mandatory conversion of the convertible debt of BRL 2.2 million. This concludes my opening remarks, and I'll hand over to Rodrigo Tostes, our Financial Officer, who will talk about the financial results for the period. At the end, we will be together for the question and answer session. Tostes, over to you. Thank you, Alexandre. Good morning, everyone. Continuing our call, I'm going to share the results for the second quarter with you. Starting with the highlights on slide four, I'd like to once again highlight the group's solid cash position. At the end of the quarter, the company had around BRL 3.2 billion in cash and cash equivalents, a position around BRL 90 million higher than in December last year. This was something we achieved despite having a higher investment than previously. The group's net profit was BRL 368 million in the first half, reversing the loss seen in the same period last year. Still, with regard to the highlights in the consolidated view, I would like to highlight the continued evolution of the group's commercialization business. In the first half of the year, energy sold by Lotcom amounted to 760 megawatts on average, an increase of 48% versus the same period in 2024. With regard to the distribution company, I must mention the significant improvement in the capital structure that we have achieved as a result of our debt restructuring process. At the end of the quarter, net debt stood at around BRL 4.4 billion, 150% less than in the same period last year. This also allowed us to move forward with the investments needed to guarantee the quality of supply and customer service, as mentioned by Alexandre. I'd like to point out that over the first six months of 2025, we invested around BRL 686 million in the distribution company. As Alexandre mentioned, both the DEC and FEC are showing solid progress, remaining consistently below the regulatory limits. Higher quality is the proof that we are on the right track. Moving on to slide five and getting into our distribution company's business, we will comment briefly on the evolution of the invoice to market for the billed energy market. In this period, the adjusted in market contracted by 2.7% compared to the same period last year. There was a sharp drop in average temperatures in the second quarter of this year by about two degrees Celsius, which directly impacts consumption associated to residential and commercial segments. Adjusting for the effect of compensated and simultaneous distributed generation, consumption would still have been 1% lower in 2025. On slide six, we can see in more detail the solid trajectory of improvement in the sector's main quality indicators, DEC measuring the duration of supply interruptions and FEC measuring how often these interruptions occur. In addition, I would like to comment on two other indicators which have also shown constant evolution. Both the average time taken to respond to emergencies and the volume of incidents lasting more than 24 hours fell sharply in the six-month comparison. Moving on to slide seven, I briefly comment on the evolution of the distribution company's adjusted EBITDA in 2025, which had included in its plan many factors to reduce it. I would like to highlight the improvement in provisions for delinquency in the second quarter, which continues to improve as a result of the improvement of our internal processes. As a result, we've seen both a reduction in the volume of new lawsuits and lower costs of rulings. Despite the challenging scenario, I have to point out that the distribution company achieved a net profit of BRL 160 million year to date, reversing the loss in the same period last year, thanks to the good performance of our financial results. Finally, moving on to the last slide of our presentation, we will talk about the EBITDA for the energy generation and commercialization operation. The two business lines generated an adjusted EBITDA of BRL 242 million by June. This does not take into account the mark-to-market variations of the trading company's contracts accounted for in the result, positive by around BRL 138 million in this period. I would also like to highlight, in relation to the energy generation and commercialization business, the conclusion of another important step in our judicial recovery process, the reverse auction for the partial repurchase of Light Energia's debt on the international market. This concludes my closing remarks, and I hand over to the moderator to begin the Q&A session. Thank you, moderator. You may proceed. Thank you. We will now begin the question and answer session. If you would like to ask a question, please use the chat by clicking on the Q&A button on the lower part of your screen. Please hold while we collect questions. As a reminder, if you would like to ask a question, you can send it through the chat by clicking on the Q&A button. Please hold. Once again, if you'd like to ask a question, you can send it through the Q&A button. Please hold while we take questions. This concludes the company's question and answer session and the company's call. On behalf of Light, we would like to thank you for being here and reinforce that the investor relations team is always available. Thank you and have a good afternoon.