Good morning, everyone. Welcome to our results video conference for the first quarter of 2024. I'm Sérgio Círio, Head of IR, and Dennis, our CEO, and Maia, our CFO, are here with me today. As usual, in this first section, we hope to present to you with the most important highlights about the results for the first quarter of 2024. We kindly ask participants who intend to ask questions live to keep their hands raised and press the button at the bottom of the Zoom platform. If you prefer to send a question in writing, use the Q&A button on Zoom, which we'll try to answer here live or later via our IR team. Before proceeding, we would like to clarify that any statements that may be made during this video conference regarding TOTVS's business prospects, projections, operational and financial goals are beliefs and assumptions of the company's management, as well as currently available information. Future considerations are not a guarantee of performance. They involve risks, uncertainties, and assumptions as they refer to future events, and therefore depend on circumstances that may or may not occur. Investors should understand that general economic conditions, industry conditions, and other operational factors may affect TOTVS's future performance and may cause it to produce results that differ materially from those expressed in such forward-looking statements. I now turn over to Dennis, who will deliver his initial remarks. Good morning. Good morning, Sérgio. Good morning, everyone here with us today. The year 2024 started positively for TOTVS, with relevant progress on all fronts, improving our result and maintaining the subtle balance between growth and profitability. Regarding growth, revenue grew 17% compared to the first quarter 2023, mainly reflecting the focus on expanding recurring revenue, intensified with the 3D Strategy that significantly expanded the company's addressable markets. Today, revenues from SaaS, Management, Business Performance, and TechFin represent almost half of total revenue and 75% of the year-over-year increase in revenue, the company's highest historical level. In profitability, EBITDA showed a strong growth when compared to the fourth quarter, reaching BRL 306 million, which is also another historical record. The EBITDA margin was 24%, which represents 300 basis points above the fourth quarter. In addition to the positive seasonal effect of the Corporate model, this margin evolution is mainly linked to the increase in Business Performance and Management profitability, making good evidence that factors that impacted the fourth quarter 2023 were very specific, as explained in the last quarter. When compared to the first quarter, the 10% increase in EBITDA led to a 17% growth in cash profit in the same period. These results only show, once again, the company's incredible ability to deliver solid results, especially when it comes to longer periods, and not only quarter-over-quarter. This is what we call a serial compounder. Now, let me turn over to Maia for his comments on the management area after Slide 5, or starting with Slide 5. Thank you, Dennis, and good morning, everyone. In Management, we had another quarter of strong sales with 32% growth in SaaS, which, combined with a high renewal rate of 98.7%, resulted in BRL 142 million organic net addition to ARR, which is 10% above the organic addition in the first quarter of 2023. Even without the readjustments of contracts updated by the IGP-M, given that this inflation index completed one year in the negative field. As a result, the Volume Factor reached 85% of the net addition in the last 12 months. This performance, added to the seasonal contribution of the Corporate model and also the inorganic addition of Quiver, led to the total addition of ARR to almost BRL 200 million and a recurring revenue of BRL 956 million in the quarter, representing 17% year-over-year growth altogether. As we have reinforced for quite a while now, Management market continues to have many growth opportunities. Spending on these solutions as a percentage of the company's revenue, especially in SMB, is still approximately a third of what a company invests in developed market. Therefore, TOTVS believes it is possible to grow at an accelerated rate for many years, combining new names and a strong level of cross and upsell, as demonstrated last quarter by the cohort analysis of recent years. This ability to bring new customers in and carry out cross and upsell, associated with disciplined execution, meant that Management EBITDA, presented on Slide 5, closed this quarter close to BRL 300 million, an increase of 8.8% year-over-year, with a 26.6% margin, one of the highest levels since the IPO. The comparison with the fourth quarter of 2023, the EBITDA margin increased by 270 bps, especially, due to the seasonal impact to the Corporate model and the gain in profitability of that dimension, as mentioned by Dennis before me. Let us move to Slide 6. I will talk about the Business Performance quarter. We had a very significant evolution as a consequence of our mono to multi-product, which continues to drive sales growth, especially in the RD Conversas, RD CRM, and RD Digital Marketing Solutions. This sales performance led to the organic addition of ARR to reach BRL 31 million, surpassing the addition in the fourth quarter, even with the negative seasonality at the beginning of the year, in addition to representing a 35% growth over the organic addition in the first quarter of 2023, resulting in the 44% increase in ARR, which surpassed the BRL 500 million mark, and also the 47% growth in revenue over the same quarter the previous year. I highlight the work done in expanding the portfolio and integrating solutions, which already make up the most complete suite in the Brazilian market for digitizing the SMB front. This multi-product strategy has already led us to have approximately 40% of the dimensions revenue coming from customers who use more than one product in the suite, and the renewal rate in the universe of customers is similar to that of the management dimension. This performance is comparable to the performance of the best American SaaS operations growth-wise, with the advantage of already having positive margin and growing quickly. In Slide 7, it can be seen that Business Performance Adjusted EBITDA that reach BRL 9.5 million during the quarter, which is 150% above the same period of the previous year, with a margin of 7.3%, representing an increase of 310 bps, demonstrating the economies of scale from the acceleration revenue in the period. This margin growth is even more important because we had several acquisitions with negative margins. Therefore, the most mature operations in this dimension already have an EBITDA margin exceeding double digits, and the most recent ones with very positive unit economics and heading towards break-even. Here, it is worth mentioning again, that TOTVS has already consolidated its position as the largest business performance player in the SMB market, with annualized revenue of more than BRL 500 million, growth above 40% in operational leverage, all in a market that is still a little explored. Here we have achieved the so-called thought leadership that we already experienced for many years in management. Moving on to TechFin dimension on Slide 8, net funding revenue increased 16% year-over-year, growth higher than that of credit production, reflecting the optimization of the funding cost, mainly associated with the change in the mixed funding in the last quarter, the best cash position, and number three, the reduction in the Selic rate in the period. The credit portfolio grew 15% year-over-year and ended the quarter with an average maturity of 79.4 days, influenced by the greater representation of agribusiness in the portfolio mix, which originated in previous quarters and has more concentrated maturities from the month of May. It is also important to highlight that this new increase in the portfolio is followed by the third consecutive drop in the default level above 90 days, ending the quarter 300 basis points below the Brazilian average. In Slide 9, moving on to TechFin, the JV ended the quarter close to breakeven, even with the negative seasonality of the production in the first half of the year, with Supplier's positive margin practically offsetting the investments made in developing the portfolio of what we call organic TechFin. I highlight that this dimension is self-sustainable, since our Supplier's profitability finances organic TechFin's investments, not to mention the strong cash position since the creation of the JV. The name of the game here is to launch new products and start making progress in gaining market share in an addressable market several times larger than that of the software. I now turn the floor back to Dennis, who will talk about the ESG highlights on Slide 10. Dennis, it's up to you. Thank you, Maia. This quarter, we had two important ESG events. The first one was the ordinary shareholders meeting on April 23rd. We had more than 70% of the company's voting capital, with all proposed matters widely approved, among which it is worth highlighting the election of the board of directors. The second was the revision of the outlook to positive of TOTVS's double-A positive rating assigned by Fitch, based on the expectation of strengthening TOTVS's business profile, driven by the consolidation of the revenue diversification strategy with the growth of the business performance dimension, formation of the JV TechFin, and the consistent generation of cash flow, which supports the growth strategy by means of acquisitions without overloading the capital structure. Moving on to my final, final message on Slide 11. 2024 is my sixth year leading TOTVS. When I arrived in 2018, we decided to analyze five-year cycles, and therefore, this is a good time to reflect about the first one, and also about what I see for the second cycle. To start with, it has, and it still is, a great combination of pleasure, challenge, honor, and responsibility to lead this fantastic organization called TOTVS. Its name says it all. In Latin, it means everything and everyone. Anyone who has this meaning in their name, naturally has an inclusive culture, flexible and prepared to navigate in any situation. Its motto is to be the same, always being different. What does this contradiction mean? It means that we are non-conformists, that we have the power and duty to define our own path. What could be bolder and more up-to-date than that? Upon my arrival, I found a young and ambitious team committed to advancing product quality and customer satisfaction, and also a founder committed to making his succession another chapter of success. We designed a strategy to expand our value proposition, creating new markets, and with that, occupying a new position as a trusted advisor for our clients. Therefore, does innovative and unprecedented 3D ecosystem emerge? The same, but all is different. The result this far, 20 consecutive quarters with two-digit growth in recurring revenue. The EBITDA of the first quarter of 2024 is almost the total EBITDA of 2018. The EBITDA margin grew by more than 10 percentage points. The market value multiplied by almost 3.5x. We reached the highest historical levels of NPS, eNPS, addition of ARR, among other operational indicators. We also had two successful follow-ons and about two dozen M&A operations, buying, selling, and associating. Above all, TOTVS continued to increase its relevance. Those are major achievements that are basically shared with all our stakeholders. For the second cycle that has just begun, the most important corporate objective was transformed into the motto of our strategic kickoff: three dimensions and a single destination. Converging dimensions into a large and integrated ecosystem with a unique, strong, and innovative culture is what drives us and will allow us to remain trusted advisors of our clients. Continuing to deliver excellent financial and operational results is a natural consequence of that. Being an inspiring leader, increasingly closer to all our employees and our thousands of customers, always seeking balance and common sense, is my main personal objective. I thank every one of you who participated and continues to take part in this beautiful journey, and I call upon you to make the next five years even more enjoyable and successful. We are now at your service for the questions and answer session that will be led by Sérgio, as always. Thank you, Dennis. Guys, just to reminding you of the guidelines that we said in the beginning of the video conference, and if you want to ask a question live, keep your hands up and pressing the button, and then I will announce the name and release the audio. And if you want to ask in written, you can use the Zoom Q&A button, or we can try to answer in the end of the session and through our Investor Relations team. So the first question comes from Thiago Kapulskis from Itaú. Thiago, please feel free. Thank you. Good morning, Dennis, Maia, and Sérgio, and thank you for this opportunity of asking questions. I actually have two questions. I mean, the first one is with regards to the margins, and which has been, you know, an important debate since Q4, especially with regards to the seasonal marketing expenses that were slightly higher. And in this quarter, both that line, as well as the R&D lines, have improved significantly. Could you just give us some more color on what you've been doing for that, and what is it that we should expect along the year for those two lines in the performance, precisely with regards to the revenue? Second question is with regards to the business performance. And the results were indeed fantastic, pretty, you know, encouraging results, and the levels are incredibly high. Is this sustainable at all? I mean, or because, I mean, is this something that might concern us? Is this too much? Is this tending to go down? No, thank you, Thiago. Thank you very much. Good morning to you. You see, Thiago, we are quite confident, you see, for the rest of the year, and I think we're gonna have a rather positive year, to say the least, really, because this dynamic, on one hand, we have the combination of a market, as we said, and for quite some years now, it's a relatively unexplored market from the expenses, and on the other hand, a good execution. And TOTVS has been doing a great job in executing this. So this combination, in our view, is continuing, and as you saw in the ARR addition and this combination with the management, that continues to be extremely positive, and it basically points to the continuation of this very good performance. As we had stated as well in Q4 of last year, of course, we have you know, seasonality. I mean, TOTVS business is not absolutely linear. We do have some oscillations. You have the corporate in the Q2, and then Q3, it's usually weaker precisely because we don't have the corporate, and you still have the impact on the annual agreements. And then Q3 and Q4 drive margins up, because you don't have the annual agreements anymore, and then they push the recovery of the deployment of the inflation on the contract. So that is management-wise. Now, for the TechFin, we know already that the first half of the year is, you know, from seasonally, much, much weaker than the second. So last year, we had something like 70% of the results, even more, maybe 75% of the results of our Supplier, taking place on second half of the year. And I can assure you that this year won't be different, really. And we have the business performance that is in this accelerating and ascending performance, as you said yourself, with great margin gains. And so, I envision that this year of 2024 is nothing but positive to TOTVS, you see, and those, you know, expense lines are gonna perform in a very controlled manner. So again, the message is, the one of, a confidence, right? Specifically about Business Performance, of course, I mean, we always concerned 'cause the business is growing more than 50% in a year-over-year basis. Now, being frank with you, this Business Performance journey is just about to start. I mean, we are just taking off, and we are talking about an operation that made a whole number of, you know, acquisitions in the last year, last year and a half. So we are still, you know, accommodating, you know, those M&As within, the R&D, let's say, architecture. We are still, you know, sort of seizing the positive effects of that. That's why we have highlighted here the relevance of the single and moving to the multi-product and the percentage level of clients with more than one product. But this is still, you know, in the beginning of the curve, and the fact of having 40% of clients with more than one product doesn't mean that we have all the products. So we still have room for growth, and which is actually hard for us to calculate, you know. And aside, Thiago, to all that, we also have to fit the Business Performance offer within the, you know, corporate structure of TOTVS altogether. And this is, you know, even, you know, more incipient if compared to this first movement. So we already noticed this, you know, very important increase in the participation of the traditional commercial structure, SaaS structure in the Business Performance area. And this is already very relevant for the ARR addition in the business performance. This is not exactly relevant for the TOTVS profile altogether, but when you check on the 30-something million addition of ARR in business performance, the software channel already starts to show its relevance that we believe it's growing, and it's going to be a growing one, even with the other business performance channels growing, you know, with very relevant levels. Yeah. Thank you. Thank you for the answers. Thank you, Thiago. Thank you. Next question from Marcelo Santos, JPMorgan. Marcelo, feel free. Good morning, Dennis, Maia, Sérgio. Thank you once again for the opportunity of asking questions. And again, piggybacking on the business performance part, I mean, Dennis, do you see the current services portfolio, and is this fully adequate to capture the opportunities that you envision, or do you still have things that are still beyond, or are you intending to do M&As? I mean, what is it that you still have to do in terms of, you know, attacking the market? And the second question, now more towards the TechFin: could you give us some updates on the scheduling of the... Because we know that there are some, you know, projects that are on the pilot phase. You mentioned the working capital, the digital account. What is the expected timeline for the launch of this? Thank you, Marcelo. Good morning to you, too. You see, the Business Performance portfolio is already the biggest of the market. What absolutely does not equal to saying that it's finished, which is, by the way, a very important characteristic of this Business Performance market. It's novel still, and as a consequence of that, it's rather fluid and, you know, formidable in the development of new solutions. So those are two different things. The portfolio is pretty broad and very solid and concrete, and for no other reasons, we got this, you know, growing and very strong results. What does not mean that our opportunities are dwindling down. and so it is expected that both from the organic perspective, as well as, as through the M&As or other, the development of other partnerships, that we might add new solutions to the Business Performance portfolio. Now, addressing the TechFin part of your question, you see, we have been making progress according to plan, and if I'm not mistaken, it was by the end of last year when we said that the first pilot would take place in the Q1 of the verticalized consigned product, and that this was from the turn of the first to the second quarter, and this is, you know, moving on well. And we said that along the second Q, we would have the working capital. So this pilot is again on the move, and we have the long, as we call it, you know, and we—and this is being actually done within the Supplier itself. In other words, we, we love working on short deadlines, you know, good part of the Supplier, you know, portfolio, because that allows us to reset the conditions in a more agile fashion that leads us to, you know, a larger number of cohorts. So that's this, the model together is more powerful. But we still want to have a good origination line that works on longer deadlines. And so this is the product that we have started the trial phase. The Digital Account, in particular, as we mentioned, is going—is expected to take slightly longer, right? We hope to work with the pilot more towards the end of the year. The reason for that is that differently from the credit products, I mean, the credital—sorry, the digital account, I mean, has a much more extensive and a deeper contact with the RPs, what requires, you know, longer testing periods and development times. Having said all that, I should say, Marcelo, that very soon we should have, in particular, speaking of the loan and the consigned trials, starting its production line in the next few weeks, maybe months, maybe, certainly, not much longer than that. So you'd say that the working capital would be slightly more ahead, right? Or would it be together? No, working capital, if I'm not mistaken, it started one and a half months after, so it, it's natural if it takes two months, more than that. Now, the digital account, we don't even have the pilot yet. The pilot is, in theory, supposed to start more towards the end of the year, precisely because of this, you know, need for the technological development, and the scale is slightly different from the credit, from the credit products. But thank you. It's pretty clear. Thank you for addressing that question. So Leonardo Olmos from UBS BB. Leo, please feel free to ask. Hi. Good morning, Dennis, Maia and Sergio Serio. It's a pleasure to speak with you. And my question is a bit of a follow-up for Kapulskis's topic about the management margins. I mean, we have discussed a little bit, and we have two other questions that are part of the EBITDA. On the gross margin, there was another shrinkage, right, of this gross margin in the year-on-year basis, because you've actually compared this to last year. The revenue was slightly higher on the corporate side. I just wanted to hear from you whether you had the cloud costing costs, because that might have been, you know, a topic on the Q4, on the gross margin. And the other question is with regards to the management expenses, if you could say something about the effect which you expect for the incorporation of the franchises on the commercial expenses or even in other elements or other factors that might have an impact on your Management EBITDA. So those are the questions I have for you. Thank you. Thank you, Leo. Good morning to you, too. Let me address your first question, and Maia, if you can help me with the second one. But you see, Leo, as you said, with regards to the year-on-year drop of the gross margin, all that is based on a comparison that has started with a very, very high bar. So if we compare 2022 to 2023, I mean, the parameters were surprisingly high, surprisingly positive, and especially the IGP-M index and the inflation, and the deceleration was pretty strong. It hadn't turned negative as of yet, but it was still, you know, in the halting phase. So that, sooner or later, would end up pushing, you know, our licenses revenue from the corporate, which is exactly what happened this year. So what I can tell you is that, you know, at the very last minute, we had the corporate license revenue slightly better than expected in the beginning of the year. But at the end of the day, that license revenue, especially on the very, very short term, it has a pretty high profitability. So whenever you see this relevant shrinkage, you know, on the year-on-year basis, I mean, it's absolutely inevitable, and it's really a mathematical consequence of that to have this contraction. On the clouding costs, Leo, not really. What we said, you know, on Q4, and we started to feel this in Q1, and it's likely that this is gonna be the same in the coming years. The clouding contracts with external suppliers, those are usually long-term contracts. So what happens is, during the renewal of those contracts, what happened in the, you know, beginning of last year, because of the growth rates, we might have this ledge that will drive the costs up. And that happened on Q3 and from the trough of Q1 of this year. And in a couple of years' time, we might have exactly the opposite. This ledge is gonna reduce, and which is similar exactly to what happened to the annual agreements. We have the annual agreements in January, and that will naturally drive, you know, the people's cost up. But the revenue is going to be, you know, adjusted by the inflation, inflation along the year, which is exactly what is going to happen. Our revenue is going to keep on growing. The cost is gonna remain under control. What means that the clouding effect on the gross margin for the coming years, the current- the coming semester, is gonna be extremely positive, right? And so, Maia, please, the next question. Well, Leo, regarding the question of the franchises, the movements that were made by our franchises will give us an opportunity to better explore these areas. Initially, this will lead to a need for more investments to be made in franchises in the second half of the year. Last year, it was clear, and now in the beginning of this year, we had something in the inner state of São Paulo. We need to make more investments in these structures so that we can better explore these opportunities, and that also influenced the behavior of the sales expense lines. So over time, but of course, I believe we'll be able to revert that into results, and it will be diluted. There's another factor that we mentioned in our press release, which is a more intensified focus in recurring revenue. This has an impact both in this investments and also with the gross margin. As you intensify production of recurring revenue, we cannot make ends meet. They don't meet immediately with the new revenues, but as this recurring revenue is built up, it also has an impact in the gross margin as well. Very nice. Well, you have very positive news for us, and they decrease the concerns we had with margins in the fourth quarter. Congratulations for your achievements. Well, thank you, Leo. Next, question, Fred Mendes from Bank of America. Fred, your audio is open. Fred? Good morning, everyone. Can you hear me? Yes, we can now. Well, thank you very much, Sérgio. Good morning. I have two questions myself. The first one, you probably already answered partially, but I wanted to better understand, in terms of business performance, does the result come more from direct sales, or are you also being-- or have you also been able to convince, shareholders that it's worthwhile developing other products to help with sales? So where does the cross-sell come from? Number two, it was a relevant quarter for the results, but could you tell us a little bit more what it's like today, and, have you noticed any advancements? Are they what you expected them to be? Thank you very much. Well, thank you, Fred, and good day to you, too. Regarding the Business Performance cross-sell in the Management client base and using the business structure and the traditional software distribution platform, we are all in for it as well. We also understand that this is going to be a very important growth driver for the company as a whole, not only for Business Performance. Having said that, I will give you a piece of news that might be surprising. The performance of the franchises in this cross-sell has been better than with our own products. The development of the franchises in Business Performance is a very important investment. Today, I may be mistaken, but I don't think we have any franchises that has not made an acquisition from a relevant business performance agency, or that, at least has a strategic agreement with one or more agencies in their own region. So today, their capability to work with, larger sales and higher tickets is very relevant. And this has been a very relevant, driver for us in this cross-sell between management and business performance. Once again, we believe that, the franchises will continue leading this process, and our work actually right now, is in terms of guaranteeing that our own operations reach the same level of investment that the franchises have. Oh, and, about the dimension, about the Dimensa. Fred, things are back on track. In the fourth quarter, which was very difficult for the company, for Dimensa, but, I think, then we reached the bottom. We had a strong belief that we would be able to go back to a margin gain performance, and this is what happened in this first quarter. So everything is moving and, of course, Dimensa does not have the same level of margins that it delivered in the beginning of 2023. Things don't usually change as significantly from one quarter to the other, but the results are better than the results we had in the first quarter, and I would say that it's no longer a concern for us. In the fourth quarter, I mean. I think Fred's audio went down. Thank you for your question. We will move on with our Q&A. The next question, and the one that is going to wrap up this session, is from Felipe Cheng, Santander Cheng, your audio is released. Good morning, Sérgio, Maia, and Dennis. I have a question, perhaps it's a follow-up to previous questions in this call. I wanted to better understand what you expect in terms of seasonality this year. Usually, the first quarter is stronger, but this year we had some other elements and inflation that was a little bit higher. But I wanted to ask your opinion about seasonality as a whole, and whether you believe that there will be a stronger acceleration in the second half of the year. Well, thank you for your question. If we look at the history of our businesses, and I think that Dennis talked a little bit about this in his previous answers, the first quarter had a positive impact by the corporate area. And of course, there is impact in the classroom, but in general, it has been favored by the corporate contribution. Also, for other aspects as well, this quarter was weaker than the first quarter in terms of top line, but not of production. As the year advances, the cross-sell performance improves. But the fact that there's not a more specific contribution from corporate, it does make a difference. We also have the TOTVS Universe. And this is also another seasonal element. Consequently, when we look at the second half, we benefit from the revenue in the first half, and we have also the collective agreement. And so the third quarter usually benefits a lot, and is usually a very strong period for us. Last year, we had other impacts which affected our profitability in the fourth quarter, but we do not anticipate anything like that for this year, and therefore, it is reasonable to expect to have a better fourth quarter this year. Better results than we had in the first half. In terms of performance, in the first quarter, despite everything that has been said, it's not usually the strongest quarter in the year for us. The behavior is stabilized over the year, but Business Performance has the Summit, an event in RD-... It is carried out in the fourth quarter, and it affects our profitability a little bit. You can see the behavior of Business Performance compared from the fourth to the first quarter. This is very specific, and it would have an impact in the Business Performance results. Now, finally, talking about TechFin, as Dennis commented, agribusiness has become more relevant. It has become more relevant over the year. The first half of the year is usually weaker in terms of production, in terms of crops, but then in the second half, we already have some effect or cash effect, origination, and therefore we usually see these results in the second half of the year. Last year, we had two-thirds of our credits observed in the second half of the year. So looking at the history, yes, there is a seasonal behavior, which is more favorable for TechFin, Management as well, and Business Performance in the second half of the year. Perfect. I would like to add a second question. Could you please update us in terms of M&A? What is your expectation for the year? Thank you. Well, thank you, Alfred. Yes, it is still doing well. We continue working hard. There are a lot of opportunities. And this is the most we can usually say. Things have been doing well, and as usual, there are new factors during the year or in the future. M&A is and will continue to be an integral part of our strategy, our business strategy. Thank you, Cheng. And with that, we are gonna close our Q&A session, and I'd like to give the floor back to Dennis for the close-up. Well, thank you, Sérgio. Let me close this conference with a special invite that we usually do in the first half of the year, which is to take part on the TOTVS Investor Day of 2024. It's an exclusive event for market analysts, investors and capital market professionals. It will be held on June 18th, and it will happen within the TOTVS Universe, which is our main technology and business event. Actually, it's the main one of the country. We hope to offer you two ways to take part, either digital or face-to-face. The in-person participation includes access to the two days of TOTVS Universe program, providing you with a unique opportunity, as it's been so traditionally, a great opportunity to get to know and to interact with the company's entire ecosystem. For further information and all the conditions, you can either access TOTVS' Investor Relations website or get in touch with Sérgio and the IR team, and I hope to see you all there. Once again, thank you very, very much for your participation, and I wish you all a great rest of the week and a great rest of the semester. Thank you.