Good morning, everyone, and thank you for joining us for Svitzer's 2025 Annual General Meeting. I would like to acknowledge and extend a warm welcome to all our shareholders for joining us. It is a pleasure and privilege to have you all with us for this. I am Morten Engeltoft, Chair of Svitzer, and with me here today we also have our CEO, Kasper Friis Nilaus, who will present the management report and provide detail on our operational performance. Together, we look forward to answering all the questions that you might have. The Annual General Meeting is held as a completely electronic general meeting, allowing our shareholders an easy and accessible format to participate. The Annual General Meeting is a valuable opportunity for us to share our success with you, as well as for us to hear your feedback directly here today. Welcome. I will hand the meeting over to Niels Kornerup, partner of the law firm Bech-Bruun, who will act as the meeting chair here today. Thank you to the board of directors for appointing me for this first Annual General Meeting of Svitzer Group A/S, looking forward to carrying out this general meeting in an orderly manner. As probably and hopefully noted, the Annual General Meeting is held as a completely electronic general meeting. In other words, the shareholders are participating via the online AGM portal hosted by Computershare. I'll get back to the technical details shortly. I note that the shareholders can only ask questions and give comments via the AGM portal and not via the webcast at the company's website. I also note that the webcast of the general meeting is slightly delayed depending on your internet connection. Such delay will be taken into account during the general meeting. My first assignment is to verify that the general meeting is duly convened and legally competent to transact the business comprised by today's agenda. Prior to the annual meeting, I have ensured that the requirement for convening this annual general meeting is in accordance with the company's articles of association and the Danish Companies Act. Consequently, unless any objects, I conclude that this annual general meeting is duly lawfully convened and that the annual general meeting is legally competent to transact the items on the agenda. I should hear if there's any objections as to that, and there's no such thing. Thank you so much. I can inform you that just before we commenced the general meeting, it was registered that more than 70% of the votes and the share capital are represented at this general meeting. I also note that the directors of the company have received proxies and postal votes equivalent to more than 90% of the votes and the share capital represented at this general meeting. The final figures will be included in the minutes of the general meeting. According to Section 101, Subsection 5 of the Danish Companies Act, a public listed company must, for all resolutions passed, specify the number of votes in favor and against each proposed resolution, and also the numbers of abstaining votes. The numbers, and even though the result is reasonably clear, and even if it is obvious what the votes would turn out to be, I propose that we deviate as usual from the procedure, and it is practice, and I name the usual stuff, at a general meeting in Danish public listed companies, provided that all shareholders accept such a deviation. I hope that I, with the general meeting's approval, can record that we will not carry out a complete account of the voting procedures for all proposals comprised by the agenda. I hear no objections as to that, so thank you. We will now turn to how we approach the electronic communication with the shareholders during the general meeting. Minimum system requirement and similar technical matters are described in the notice convening the general meeting, to which I kindly refer. When submitting questions via the chat function in the AGM portal, shareholders need to click on the bottom AGM Q&A to submit a question. When pressing Q&A, you will be able to write your comments or your questions in the text box. The text box is just right to you. You submit your comments or questions by pressing the button Send. I kindly encourage that questions are phrased in a clear and concise manner. This will enable us to process the contributions appropriately and in an expedited manner. Obviously, we acknowledge that it takes time to properly phrase questions or comments, and we thus encourage that contributions are submitted as soon as possible. Contributions may even be submitted before the relevant item on the agenda, and we will make sure that the contributions are considered in relation to the relevant item on the agenda. Further, we encourage that you notify us if you have questions or comments to be submitted. Such notice can be sent in the same manner as you actually submit questions or comments. If you have a question relating to the technical part, for instance, how to submit questions, we kindly refer you to the computer desk help desk. Their contact details are available at the AGM portal. Lastly, I kindly inform you that there's a replay of the general meeting available at the company's website after the general meeting. That brings us to the agenda. The agenda is as published in the notice and is thus as follows. A would be the board of directors' report on the company's activities in the past financial year. Secondly, B would be presentation and adoption of the audited annual report. C would be distribution of profit or convening of laws according to the adopted annual account. D would be resolution to grant discharge to liabilities to the board of directors and the executive management. E is presentation of the company's remuneration report for an advisory vote. F is approval of remuneration to the board of directors for the current financial year. G is election of board members, board of directors members. H is election of auditors. I is authorization to acquire treasury shares. J is any proposal from the board of directors or shareholders. This year, there is one proposal from the board of directors, which is an amendment to the remuneration policy. We conclude the agenda with K, which is any other business. By that, we will dive into the agenda. It is common practice in Danish listed companies to introduce or to inductory items on the agenda are processed jointly and debated jointly. We therefore deal with item A to E all together. The Chair, Morten Engelstoft, and the CEO, Kasper Friis Nilaus, will present the management report, the annual report for approval, including the proposal for the distribution of profit according to the annual report, and he will also present the remuneration report all for 2024. Finally, they will touch upon the outlook of the industry and the guidance for 2025. I, by these words, give the floor to Nils Kornerup. Thank you, Niels. It is a pleasure to be with you all here today, and I want to start by thanking you, our shareholders, customers, and employees, for your continued trust and support. 2024 was a strong year and one that demonstrated solid financial performance and progress on our strategic goals. While global trade was somewhat characterized by uncertainty and disruptions, Svitzer demonstrated a stable, reliable, and sustainable performance. These are also all the hallmarks of the service that our customers expect. Svitzer operates at the heart of the maritime supply chain with our expert crews working tirelessly in partnership with port and terminal operators to ensure that essential shipping services occur without fail. Which leads me to an acknowledgment and reflection on safety. We have more than 4,000 colleagues working around the clock and around the world in all conditions, often as part of complex operations and within high-risk environments. We recorded another satisfactory year for safety performance, guided by leading indicators such as safety visits and the application of learning teams where high potential incidents have been identified. Our value of constant care is central to ensuring colleagues return home safe from work and that every day is a safe day, which is why it is our first priority whenever we consider operations and the work that we do. I can tell you from my own experience that Svitzer's team is highly dedicated to deliver a safe and efficient operation. That is why today we can proudly say that Svitzer has a strong portfolio of terminal and harbor towage customers that place their trust with us every single day. This combination of customer focus and dedication to safe and reliable operations has underpinned the success of Svitzer over more than a 190-year history. I remain confident that it will continue to guide the company successfully for many years to come. Svitzer's operations benefit from exposure to a diversified market and geographic operations across more than 2,000 customers in 37 countries worldwide. During 2024, we noted that Svitzer's strategy proved sound and allowed Svitzer to create differentiation in the sector, which our customers know will serve them well over the long term. This positions Svitzer well to take advantage of organic and inorganic growth opportunities across multiple regions, while at the same time drawing from scale and efficiencies offered through our global presence and experience. Kasper Friis Nilaus will elaborate on our operational performance in his management update, but we can confidently say that Svitzer is leading in several key areas, including in decarbonization. With that background, let me turn to the financial highlights for 2024, which reflect not only a sound financial management, but also the strength of our strategy. Svitzer delivered solid revenue growth, reaching DKK 6.3 billion, up 9% in constant exchange rates on the previous year. This increase was driven by strong performance across all our four regions. Profitability also improved with adjusted EBITDA rising 11% to nearly DKK 1.9 billion, resulting in an EBITDA margin of 29.9%. In addition to this, we saw free cash flow increase significantly to DKK 584 million. This is a reflection of the solid revenue generation created by the business, and pleasingly, the ability to convert this into free cash flow, driven by disciplined cost and supplier management, conversion of receivables, and timely and efficient startup of new projects. The strong financial performance delivered by the Svitzer team in 2024 allows us to return value to our shareholders. The board of directors therefore proposes a dividend of DKK 8 per share, which in total amounts to DKK 252 million as a payout. Excluding separation and listing cost, the proposed dividend corresponds to a payout ratio of 50% for the financial year of 2024. This is in line with our dividend policy of returning between 40% and 60% of our net result to shareholders. On this note, I also would like to make a reference to our remuneration report for 2024. This report discloses the remuneration to the board of directors and the executive management and is available on our website. Strategy for the culture are what set Svitzer apart, ensuring that we remain a leader in the industry, but strategy needs to prove its worth through the results that it delivers. I am happy to say that we outperformed our original guidance and expectations given to the markets in the beginning of 2024. Let us take also a look at some of the key moments that shaped our delivery over the past year. We started the year with a successful demerger from AP Moller Maersk and listing on Nasdaq Copenhagen, a process that required significant management focus and commitment. To this end, while this is a general meeting to reflect on our 2024 performance, I recognize that recent events do need addressing. On Wednesday, the 2nd of April this year, AP Moller Holding presented an all-cash voluntary purchase offer for Svitzer. I will reflect on this matter and the recommendation of the independent members of the Svitzer board of directors later in today's proceedings. Returning back to 2024 highlights, it is fair to say that innovation took center stage. Svitzer made an order for the world's first battery methanol-powered tug, and at the same time, we introduced our first transverse tug into operation. We believe that these innovations set new standards for maneuverability, sustainability, and efficiency in harbor and terminal towage operations, and indeed will set Svitzer apart from other providers in the value that it delivers to customers. Throughout 2024, Svitzer secured several new commercial contracts, including a landmark five-year agreement with the Panama Canal Authority, where we will be the first external provider to assist with towage operations. In Brazil, Svitzer won its first terminal contract and also expanded its footprint with a new port entry, strengthening the position in this key growth market. Finally, it is worth mentioning that in 2024, Svitzer landed a large new contract with Oman LNG, continuing our momentum within terminal towage in this important growth region. Turning to key market trends, we remain optimistic about the future prospects for Svitzer, but the current geopolitical turbulence and trade protectionism is an area that we are monitoring closely. Our current long-term expectations are that global trade volumes will continue to grow, and that is underpinned by a large order book of new build vessels in the merchant fleet expected to come out from the shipyards in the coming years, as well as fundamentals such as population growth and growing economic prosperity among a new middle class. This all drives trade and consumption and ships to service these needs, which in turn will need assistance in and out of ports, whether the vessels are full or only partly full due to short-term fluctuations in global trade. While we have no presence in the U.S.A., we are monitoring the impact of new tariff introductions and on broader trade volumes and the global economy closely. We also remain committed to investing in and responding to decarbonization as a central business theme and responding to that by creating a more sustainable business, but also by investing in innovation and partnerships to decarbonize our ports and other parts of the shipping and maritime industry more generally. This continues to be well received by our customers and port stakeholders and aligns with the general commitment and investment in the sector to decarbonize the maritime supply chain to the benefit of future generations. Following the establishment of Svitzer Group A/S on the 26th of April 2024, the board has settled into a good rhythm, and I'm happy to report a strong collaboration between the members. The board, as well as the established board committees, have met several times during the year, and we are committed to driving strong governance for Svitzer. This includes ensuring that we have the right balance amongst our board, providing the skills and experience to guide Svitzer's future. Recognizing this, the board evaluation in 2024 was conducted as an open dialogue between the board members, and the outcome was positive, confirming the board's approach as being value-adding. To further enhance the breadth of expertise, we are proposing the election of an additional independent member. Her name is Kim Soo Ho, and she is an established maritime executive with expertise in ports and terminals, with more than 20 years in PSA International in Singapore. She brings deep expertise from ports and maritime and supply chain sectors with a focus in strategic partnerships and business transformation, which will prove a valuable addition to the board. As part of item G on the agenda, a motion will be proposed for the election of members of the board of directors, including a proposal for Kim Soo Ho to be elected as a new member of the board. I mentioned earlier that I would reflect on the news last week of AP Moller Holding through its subsidiary APMH Invest, making an all-cash offer for voluntary purchase offer for all shares in Svitzer. As you will be aware, Christine Morris and myself, as independent directors of the board, have unanimously recommended the offer from AP Moller Holding. We view the offer overall as attractive and believe it presents an attractive premium for shareholders of 42.5% above the opening price of the first trading day on the 30th of April last year and close to a 32% premium to the closing price on the day before the announcement was made. We're pleased that AP Moller Holding recognizes the positive progress in Svitzer and expresses full support for strategy, management, and employees, and that Svitzer will continue as an independent company and retain the current management and strategy, as well as the name and brand that have been Svitzer's hallmark for more than 190 years. We're also pleased to see that the offer document ensures equal treatment for minority shareholders. Overall, as independent directors, we believe AP Moller Holding is well positioned and has the financial strength and strategic insight to support Svitzer's continued development and growth. Importantly, we see this as a recognition of Svitzer's strong position and good results, as discussed here today. To conclude, I want to repeat that we have a strong team, we have a resilient business model, and a clear strategy to help us navigate the variety of circumstances the company might face. I would like to pay particular acknowledgment to the executive leadership team led by our CEO, Kasper Friis Nilaus, who have proved a highly capable and stable management group and delivered on the expectations set out of them. I would also like to take the opportunity to thank the entire organization in Svitzer, onshore as well as offshore employees, for the very good efforts throughout 2024. Pleased to be able to give now for his management report and some operational commentary. Thank you. Thank you, Morten. Thank you to everyone online joining. At Svitzer, we believe that towage goes much beyond moving vessels. It is about strong partnerships. It is about safe and reliable operations and delivering real value to our customers and the stakeholders in the port that we operate in. Great customer service is not only about meeting expectations, but also anticipating needs and solving challenges together. That is exactly what the global Svitzer team is working on every day, and I am proud to be able to acknowledge their efforts in 2024. With that in mind, let me dive a little deeper into our financial results for the year. To recap, 2024 was a good year with solid results for Svitzer. We outgrew our own expectations and increased the top line by 9% in constant currencies and EBITDA by 11% in constant currencies, thereby leading to an EBITDA margin of 29.9%. We started new operations in several markets globally, including significant new operations in Australia and Brazil, and we took delivery of our first transverse tug, which is now working in Amsterdam in the Netherlands. We also ordered the world's first battery methanol tug and took delivery of four new build tugs for our operations in Port Hedland, Western Australia. We continued expanding in Brazil, highlighted by the first win of our terminal towage contract and by entering a new port, the Port of Itaqui. Additionally, we secured a five-year contract for two tugs to the Panama Canal, which commences operations this year. We also successfully renewed a number of existing contracts both within harbor and terminal towage, which is a strong testament of our customer support in us. While we secured slightly fewer terminal towage contracts in 2024 than in 2023, we still maintain solid expectations to the growth of this market. There will always be some variability to when contracts are awarded, and we confirmed our strong value propositions in this segment by winning a large contract in terminal towage for Oman LNG in January 2025. That operation starts up in 2026. Let me dive a little bit into our two business areas. We operate in harbor towage. We operate throughout all regions, but the bulk of harbor towage is done in Northern Europe, Australia, and Brazil. We grew harbor towage by DKK 306 million, reaching overall revenue percentage of 68% and an EBITDA of the total Svitzer EBITDA equaling 60%. In terminal towage, we had revenues of around one-third of total Svitzer revenue and 40% of EBITDA. We grew our revenue in terminal towage by DKK 240 million. The growth in harbor towage was secured primarily through tariff increases and a few special jobs, whereas the growth in terminal towage was a combination of day rate increases of current contracts and the start of new contracts both in 2023 and 2024. Each of our regions. If we start with Australia, in Australia, we grew revenue by 10% primarily through tariff increases, the start of new terminal towage contracts, and a few special jobs. The revenue increase translated into EBITDA increases with a slightly lower margin. Overall, our CapEx decreased significantly from the 2023 CapEx, primarily due to less investment in growth. Yeah. If we turn to Europe, in Europe, we also grew our revenue significantly with 11% due to tariff increases, a bit higher activity in harbor towage, and fully impact of the terminal towage contract in Greece we started up end of 2023. The revenue increase drove also a significant EBITDA increase of 16%, also through cost control and price increases a little bit above inflation. We had significant growth investments in 2023 on these terminal towage contracts that were not repeated in 2024, which is why we see the CapEx going down. If we then turn to Americas, in Americas, we also saw significant revenue increase, positively impacted by a few special jobs and then startup of gas support terminals in Brazil. The revenue increase translated into EBITDA increase, where we also managed to offset quite significant cost increases, particularly in Argentina through price adjustments. We saw the CapEx go up as we invested more in growth in primarily Brazil and Canada. If we turn to the last region, EMEA, there we also saw a revenue increase driven by activity increase in harbor towage and day rate escalations in terminal towage. The EBITDA increased a bit more than revenue as we managed to keep our cost low compared to the revenue increases. We had an overall low level of CapEx in 2024 in EMEA. Let's turn to our strategy. Morten reflected on our strategy in his opening address, and I would like to briefly comment on how we deliver growth and differentiation in Svitzer. We have three focus areas working together. That really defines where we operate, which areas, and the focus of our strategy. If we start in sustainable marine services, that is really all what I've been talking about so far, the core of what we do, driving profitability and driving growth. If we look at our decarbonization efforts, those are anchored both in sustainable marine services and what we call partnering for green ports. We made quite good progress on decarbonization in 2024, including converting 11 tugboats in Amsterdam to biofuel, accelerating our biofuel conversion of tugboats in Sohar Port in Oman. In September, we placed an order for the world's first battery methanol tug that will operate in Gothenburg, Sweden, on green electricity. With the current battery package we have on and the operational pattern, we estimate that we can do 90% of the work of this tug purely on green shore power. We also had a significant amount of vessels in the U.K. running on HVO, which is another form of biofuel, although we have seen that decrease somewhat in 2025 due to the cost increases of HVO. We continue our drive for decarbonization. We work with the front-running customers and ports that are looking to decarbonize their own and the port's operations. We work on local solutions in many different areas. For data and digital solutions, we continue the work on Port Monitor, which is an algorithm we have developed in-house based on machine learning. By using that, we managed to reduce our fuel consumption by DKK 13 million and CO2 emissions by 7,300 tons compared to our 2022 baseline, all by using data to drive our tugs smarter. In the third quarter, we opened a new simulator facility in Newcastle in Australia to support the deployment of two large transverse tugs that are underway and also to optimize efficiencies and pilot cooperation in Australia. If we turn to our differentiators, which is really what or how we do things in Svitzer, it's really combining our people skills every day to make towage and marine services better for our customers, the ports we're in, and our colleagues. It is a privilege to lead you. That is the end of the management report. With that, I would like to hand back to Niels. Thank you to the chair and the CEO for the management report for 2024, the presentation of the annual report also for 2024, and the presentation of the proposal for the distribution of profit for the year, and finally, the presentation of the remuneration report. I note that the annual report is signed by the board of directors and the executive management, and that the auditors have issued an unqualified opinion of the annual report and a limited assurance report on the sustainability statement, which all appears from page 174 to 180 of the company's annual report, of course, for 2024. Let's just repeat that the suggested payout as dividend is DKK 8 per share, and the remaining part is carried forward to next year. I will now open for any contribution from shareholders out there. By your scream, and is there anybody who wants to contribute? Comments, questions are very welcome. I have no indication as anybody wants to address any issues in relation to the item A to E on the agenda. It seems to be well informed in advance. By that, I conclude that there's no desire for any debate. By that, I kindly state that this general meeting has adopted the board of directors' report on the company's activities in the past financial year, have adopted the annual report for 2024, have adopted the distribution of profit according to the adopted annual report, and have adopted the annual remuneration report for 2024, and finally, have resolved the discharge, the board of directors, and the executive management. By that, we close the agenda A to E. That brings us to the next item on the agenda, which is item F regarding approval of remuneration of the board of directors for the current financial year being 2025. The board of directors proposes that for 2025, there's an identical remuneration as for 2024. The remuneration is based on an annual base fee on board members of DKK 300,000, and any base fee and any member fee, board members fee, or committee fees are a multiple thereof. The exact multiple are to be seen at the notice and is also presented at the screen besides me. The indications and all the details are there. Furthermore, the board of directors may receive additional fixed fees for specific ad hoc tasks by anyone beyond the normal work and responsibilities as a member of the board. The members of the board of directors may be reimbursed for expenses relating to travel, accommodation, and social security contribution in accordance with the remuneration policy. I should ask if there's any contribution or any submissions as to this item. I can in the meanwhile inform you that such a proposal has to be passed by a simple majority, and I have no indication about anybody who wants to take the floor. By that, I kindly conclude that the general meeting has adopted also this proposal. Thank you. The next item on the agenda is item G, which is the election of members to the board of directors. As already presented by the chairman, the board of directors proposes the re-election of Morten H. Engelstoft, Robert M. Uggla, Christine Brennet Morris, and Peter Wikström. Further, as also mentioned by the chairman, the board of directors proposes to elect Kim Soo Ho as a new member of the board of directors. I kindly refer to the notice convening the annual general meeting for further information on the nominated candidates' competences, other directorships, and executive function. I note that all elections are for one year, as it is common practice in Denmark, and which is also in accordance with the company's articles of association. I should ask if there's any other candidates or anybody who wants the floor regarding this item on the agenda. There is no such indication. Accordingly, I record that Morten Engeltoft, Robert Uggla, Christine Morris, and Peter Wikström are re-elected as members of the board of directors, and Kim Soo Ho is elected as a new member of the board of directors, all for a term of one year. Congratulations on the election to all of you. Consequently, the board of directors are composed of Morten Engelstoft, Robert Uggla, Christine Morris, Ghim Siew Ho, and Peter Wikström. That's the end of the item G on the agenda. That brings us to the next item at the end, which is item H regarding the election of the company's auditor. The board of directors proposes the re-election of PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab as the company's auditor in respect of statutory financial reporting and assurances and engagement relating to sustainability reporting. I kindly note that the proposal is in accordance with the recommendation provided by the company's audit and risk committee, which have not been affected by third parties and which have not been subject to any engagement agreements or likewise with a third party limiting the general meeting's election of auditor. By that, I should request whether there's any other candidate for this position as auditor. That is not the case. Consequently, I record that PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab is re-elected as the company's auditor in respect of statutory financial reporting and assurance engagement relating to the sustainability reporting. That brings us to the next item of the agenda, which is item I, which is regarding authorization to acquire treasury shares. The board of directors proposes that the existing authorization be renewed so that the board of directors is authorized in the period until the 1st of April 2030 to allow the company to acquire own shares, that is, by way of ownership or by pledge, up to an aggregated value of 10% of the company's share capital at the time of granting the authorization. This is, however, provided that the company's holding of own shares does not exceed 10% of the company's share capital. The purchase price paid for the treasury shares must not deviate by more than 10% from the price quoted on the Nasdaq Copenhagen at the time of the acquisition of the shares. By this introduction, I should ask if anybody wants the floor in this respect. That is not the case. By that, I kindly document and state that the general meeting has adopted the proposal. Thank you. That brings us to the next item on the agenda, which is item J, which concerns proposals from the board of directors. This year, there's one proposal from the board of directors concerning amendment to the company's remuneration policy. The board of directors proposes two amendments to amend, not two, but to amend the remuneration policy by permitting members of the board of directors to receive travel allowance for intercontinental travel to board or committee-related meetings and adjusting the maximum payout opportunity under the short-term incentive for members of the executive management. I kindly refer to the updated remuneration policy for the full text of the amendment, and that has been available at the company's website since the notice was brought up. I should ask if there's anybody who wants the floor in this respect, any questions or comments. That is not the case. I take that as an adoption of the proposal, and I conclude that this proposal has been adopted by the general meeting. That leaves us with the last item on the agenda, which is item K, any other business. The particular item is remarkable in the sense that everything concerning the company is up for possible debate. However, it is not possible to make any proposal, but any comments regarding the company are welcome. I would ask by that, ask if any contributions are on the way. Anybody want to give any comments? That is not the situation, and this is the last opportunity, and nobody wants to utilize that. By that, I conclude that the agenda is exhausted, and by that, the agenda is completed. For me, it is now only to resign as meeting chair, and I thank you all for a successful, completely completed first annual general meeting of Svitzer Group as a listed company. For closing remarks, I will pass the floor to the chair for the last time. Thank you. Thank you, Niels. In closing, as we have shared today, we know that the company's future success remains underpinned by a capable management team, committed employees, and a trusted customer base. The efforts of 2024 provide a strong foundation for Svitzer going forward, and I look forward to further positive progress in 2025. In the coming period, we will await the outcome of A.P. Moller Holding's all-cash voluntary purchase offer for Svitzer, and we will, of course, also continue having a focus on delivering positive performance continued. Finally, I would like to sincerely thank Niels Kornerup for chairing today's annual general meeting, and of course, thank all of you here online for your participation. With that, I conclude the meeting. Thank you.