Good day and welcome to today's Floatel International Q2 2026 investor call, hosted by Peter Jacobsson and Tomas Hjelmstierna. Throughout today's recorded presentation, all participants will be in the listen- only mode. Later, we will conduct a question-and-answer session. You may register for questions at any time by pressing star one on your telephone keypad. I'd like to hand the call over to Peter Jacobsson. Please go ahead, sir. Thank you very much. Hello, everyone. I'm glad to present the Floatel International second quarter presentation. I am Peter Jacobsson, CEO of Floatel International, and together with me, I have Tomas Hjelmstierna, CFO of Floatel International. I'll start to present, and we turn immediately to page five in the presentation pack, where you have the threat and fleet commitment, and I will describe the situation as it stands today. Floatel Endurance, this has worked throughout the quarter for Aker BP Skarv, and she is due to demobilize from Aker BP Skarv on the end of August. Then she goes to West Coast Norway for a lay-up before she goes on standby for Aker BP starting on mid-October 2026. The exact start date for the Yggdrasil project is yet to be confirmed, but we believe the commencement is sometime in December 2026. It should also be mentioned that Aker BP have extended the firm period by two months, so the firm period is now 12 months ending end of October 2027, and thereafter Aker BP have options up to end May 2028. In addition, we have secured a contract for Aker BP on the Alvheim project, which is due to start first quarter 2029. Floatel Superior, she's been working throughout the quarter for Vår Energi. Well, not actually, she demobilized Jotun around 10th of August. Had a 10 days stopover to demobilize the Vår Energi personnel and then mobilize the personnel for the next project for Aker BP, Myling. We actually landed the gang way there just before the weekend. She has also been extended by two months, so the firm period for her will end sometime in end of August 2027. In addition, Aker BP have three months option. Floatel Triumph came off the Shell Prelude contract end of July. She's now in northwest of Australia now, undergoing the final work on the SPS, and she's due to mobilize to Chevron Wheatstone in early October 2026. Finally, Floatel Victory. She came off the Karoon project early June, then mobilized directly to the Equinor Bacalhau project, which was 3+1 month. Equinor have extended by another month, so the contract will end early October 2026. Then we will do some maintenance work on the Floatel Victory in Brazil before we mobilize to Brava project sometime in mid-December 2026. So the current, next page six. The current backlog presently stands at, or stood at $294 million end of June 2026, with optional work of $137 million. Tendering activity remains active. We are bidding lots of work, and we are bidding obviously with a focus to secure work for Floatel Triumph. That comes off the charter in December, as I mentioned, and also for Floatel Victory following completion of the Brava project. We see good tender activity and good incoming demand presently. As you can see on the graph on the right-hand side of page seven, we see a good utilization the next coming years with the expected new work coming into fruition. Operations update, I'll skip that because I mainly presented that already. Looking at the HSE statistics as of end of June. We're not so proud of this chart. We still have work to do to improve the HSE statistics. We are below the IMCA threshold, but we would like to see that margin increase. That's an ongoing work that we are working on to improve the safety work that never stops. By that, I would like to hand over to Tomas Hjelmstierna to give you the financial update. Thank you, Peter. Let me turn to page 13. Revenues for the second quarter was $79 million, and the recurring EBITDA was $37 million. That is in the light of full fleet utilization during the quarter. EBITDA was as expected, as both for the first half year and also for the quarter. Finance net are as expected and the slightly better finance net year to date compared to last year is driven by exchange rate differences. We go to the balance sheet, page 14. The vessel book values stood at $547 million, and we had $49 million in net client receivables. Net client receivables is the sum of trade receivables, accrued revenues, which is revenues not yet invoiced, unless any advances we have received from customers. Cash balance at the end of the period was $49 million, and with RCF undrawn, it stands at $25 million. We paid amortization and interest in April, and we'll pay it next time in October. Interest-bearing debt at the end of the period was $306 million, whereof $320 million nominal, and the rest is prepaid borrowing expenses as well as OID. Last year's net interest-bearing debt figure, including $8.5 million drawn on the RCF. We are in compliance with all maintenance covenants with ample headroom at the end of the period, and that's up to date. Last page 15 of the cash flow. We have an increase in net customer receivables during the quarter. It's not change in trade receivables, but it's actually changes in advances and what is not yet invoiced with this part of the line, other changes. We had a $9 million trade payables reduction, which is because invoices from the activations during Q1 as well as Floatel Endurance yard stay in Q1 has been paid during quarter two. With all that $4 million in CapEx in the quarter, it was the last invoices for the Floatel Endurance yard stay and some long lead items with the upcoming Floatel Triumph SPS that we are currently doing now here in August and September. With that, I end the presentation as such, and I would like to make you a final comment regarding the full-year results. In the light of options not being exercised for the Floatel Endurance and Floatel Triumph, as well as the Floatel Endurance standby, and we have had some additional maintenance expenses mainly in connection with the Floatel Victory's yard stay coming up here in October, November. The previous guidance regarding the full-year EBITDA will not be met. Our current estimate is that we will have an EBITDA for the full-year of USD mid to high 70s in millions, so to speak. With that, we will go to Q&A. Back to the host. Thank you. Thank you, sir. Thank you, Tomas Hjelmstierna. As a reminder, to ask a question, please signal by pressing star one, and please make sure the mute function is switched off to allow your signal to reach our equipment. Again, it is star one to ask a question. Our first question is from Jeremy Landau from IVO Capital. Please go ahead. Hi. Good afternoon. Can you hear me okay? Yeah. Perfect. I'm sorry, I didn't get the revised EBITDA guidance for 2026. Can you repeat it, please? Mid to high 70s. Mid to high 70s. Okay, perfect. USD million. Yep, understood. Thank you. Wanted to get a little bit more granularity on some comments you've made in your report that mentioned that you've initiated a strategic review with your larger shareholder in terms of your company's future direction and ownership. Can you provide more details on that, please? Not at this point in time. It is an ongoing exercise with an external advisor, and we will see where it takes us. As mentioned, Keppel Ltd. has 49.9%, and there are some former creditors holding substantial amount of shares as well. So we will see what it leads to. It is early to say. Unfortunately, we cannot say anything more as of today. Okay, understood. Thank you very much. Thank you. As a final reminder, to ask a question, please signal by pressing star one. We will pause for just another moment to allow you to signal. It appears there are currently no further. Pardon, we have a question from Kjetil Sjursen from Profond AS. Please go ahead. Thank you for taking my question. Just wonder if you could give us some color on future work and how do you see the market going forward? Yeah. As I've mentioned in one of the slides, we have lots of tenders coming in, and we are bidding work, and we foresee that there are activity primarily in Brazil, lots of activity in Brazil. We have inquiries from West Africa, bit slow in Australia and Asia Pacific. And also a bit slow in the North Sea, but we have incoming inquiries from the North Sea region as well. Yeah, market is quite steady actually, I would say that. And of course, the prime focus, as I mentioned earlier, is to secure work for Floatel Triumph once she comes off the Chevron Wheatstone contract in the last quarter. We will see what happens, but we are optimistic. That is probably about 2027. How does 2028 look like? It's a bit same as 2027, I would say. We have leads for 2028 as well. Obviously, primarily, we are looking for work in the North Sea for the North Sea units and Floatel Superior, and we are also bidding work. Not bidding yet, but we are positioning ourselves to secure work in 2028. But it looks- When should we expect, normally, when do we see contracts for 2028? Yeah. The work going forward is dominated quite a lot with around maintenance and modification of existing assets. We do not see the large hookups as we do now for Aker BP on the Yggdrasil, but there is no large hookup planned in the near future in the U.K. and Norwegian sector. But we see a lot of maintenance work coming up, and normally, the lead time for maintenance work is typically 8-16 months. So we will see probably tender activity for 2028 coming up in 2027, or it is the first half of 2027, I presume. Okay. Thank you. Thank you. Thank you. It appears there are currently no further questions. With this, I would like to hand the call back over to our speakers for closing remarks. All right, everyone. Thank you very much for listening on this presentation. I look forward to see you next time. Thank you and goodbye. Thank you. This concludes today's conference call. Thank you for your participation. You may now disconnect.