Good morning and welcome. Today, our CFO, Kjetil Krøkje, will present Storebrand Livsforsikring in connection with a potential new issuance of a restricted Tier 1 bond. This is a perpetual, non-cumulative callable instrument, a key part of our ongoing capital management and strategy. We appreciate your time and look forward to walking you through the investment case. Now, over to you, Kjetil. Thank you, Ragnhild. We will cover three areas today. First, an overview of Storebrand's strategy and business model. Second, our capital and solvency position and the reason for the potential transaction. Third, we will briefly give a summary of our latest first quarter results. Let me start with the key message. Storebrand is a leading Nordic savings and insurance group, the number one provider of occupational pensions in Norway and Sweden, a Nordic powerhouse in asset management, and a growing challenger in the Norwegian retail market. We operate in structurally growing markets, and the business has fundamentally transformed over the past decade. It has transformed away from capital intensive guaranteed products towards capital light savings and insurance. This shift is structural and largely complete. Our assets are of high and rising quality. The guaranteed back book has been repositioned as a financial asset at higher interest rates, strengthening the contribution to profits. Results are resilient, diversified, and growing, and they're close to cash. We maintain a solid capital position with moderate leverage. On the new issue, this is a perpetual restricted Tier 1 denominated in SEK and or NOK and is expected to have the first call after seven years. The coupon will be fixed and or floating. Now, I will give you a quick overview of the Storebrand Group and our strategy. Storebrand has evolved from a Norwegian life insurance company with a long history into a Nordic savings and insurance group. The strategic direction is clear. Accelerate growth in capital light businesses, leverage group synergies across cost, revenue, and capital, and lead in sustainability. We are executing across all three dimensions. The numbers here tell the story. In 2012, 49% of premiums was in guaranteed products. By Q3 2025, that had dropped to 13%, with 67% now in savings. On the AUM, we see the same shift. Savings has grown from 14% to 27%, while guaranteed has shrunk from 59% to 19%. Our strategy rests on three pillars. Being the leading provider of occupational pensions in Norway and Sweden, a Nordic powerhouse in asset management, and a growing challenger in the retail market. These are supported by growth, group synergies across different areas such as cost, revenue, and capital. At the same time, we are focused on being a digital front runner with a clear focus on sustainability. We see the growth continues across all business lines. Unit-linked reserves are up 12% year-on-year. I nsurance premiums are growing 18% year-on-year, and asset management is up 7% year-on-year with an AUM of NOK 1,543 billion. The retail loan book has reached NOK 97 billion and is growing at 9% year-over-year. We are satisfied to see strong growth across all business areas. Sustainability is embedded in how we allocate capital. We are progressing on three goals. Cutting portfolio emissions, increasing science-based targets, and growing solutions investments. Since 2018, CO2 emissions from stocks and bonds is down 56%, and today, 43% of holdings have validated science-based targets. Solutions investments are now 21% of AUM. We have set clear climate goals for 2030, and we are on track to reach all three. In 2023, we set ambitious targets for 2025, and we have delivered on all of them. The group result reached NOK 5.4 billion against a target of over NOK 5 billion. Return on equity reached 14%, exceeding the 13% target. In 2025, ordinary dividends per share reached NOK 5.4, and we continued our NOK 1.5 billion per year buyback program. For 2026, we have increased our annual buyback program to NOK 2 billion. At our Capital Markets Day in December 2025, we presented new financial ambitions. By 2028, we target NOK 7 billion in group result, 17% return on equity, and NOK 1.5 billion in annual share buybacks from 2027. In 2026, we are committed to NOK 2 billion in buybacks. Growing dividends every year is still a core commitment. We have previously been in a capital build-up phase with focus on managing the balance sheet and costs and building capital across the group. This phase is now concluded. In the current strategy period which runs from 2026 to 2028, we are focused on capturing capital light growth which will increase capital distribution to shareholders. Now, I will give an overview of the capital and solvency position of both the Storebrand Group and the issuer Storebrand Livsforsikring. Our solvency ratio is 206% in Q1 2026, up from 194% Q4 2025. This buffer supports our payout policy. At this margin, we are able to combine growing dividends with share buybacks. As you can see on the sensitivities to the right here, our solvency margin is robust across different stress scenarios. In Q1, changes to regulatory assumptions with decreased symmetrical adjustment of the equity stress and an increased volatility adjustment for the interest rate curve had a positive effect on the solvency margin. A strengthening of the NOK against SEK also contributed positively. On the other side, a high booked tax rate, dividend provisions, and inclusion of the first NOK 1 billion tranche in buybacks contributed negatively. Our leverage ratio is 17% as of Q1 2026, well within our target range and modest by European insurance peer standards. The capital stack is predominantly tangible equity supplemented by CSM. Capital management has been disciplined and leverage ratio has declined over the years. At the group level, our Solvency II ratio is 226% excluding the CRD for subsidiaries. The capital base, the capital base is high quality, dominated by Tier 1 unrestricted capital and comfortably within all regulatory limits. Own funds are NOK 60 billion versus an SCR of NOK 29 billion. At the issuer level, Storebrand Livsforsikring AS has a solvency ratio of 266% consisting of high quality own funds. Own funds are NOK 45 billion versus an SCR of NOK 17 billion. When you look at the asset quality, the guaranteed portfolio is of high quality and conservatively positioned. Bonds and money market investments are rated double A on average. Equities are primarily global, and real estate is invested in prime locations and quality. Over 80% of our loans are asset-backed and bonds booked at amortized costs are yielding around 3.5%. Now, I will give you an overview of the issuer rating as well as the key indicative terms of the proposed transaction. The issuer, Storebrand Livsforsikring, is a subsidiary of the holding company, Storebrand ASA. The capital raised through the potential transaction will contribute to the solvency position both for Storebrand Livsforsikring and for its holding company, Storebrand ASA. S&P rates Storebrand Livsforsikring at A with a stable outlook, reflecting improved capital adequacy, solid earnings diversification, and proven execution on the shift to capital-light products. The RT1 is expected to be rated triple B, three notches below the entity rating. The rating expectation is confirmed by S&P. The maturity profile is manageable with the next call being the existing SEK 900 million restricted Tier 1 in September 2026. This new longer-dated RT1 is intended to refinance that call and help secure a more evenly distributed maturity profile. Here you see an overview of the indicative final terms of the transaction. The RT1 will be denominated in NOK and/or SEK with a floating and/or fixed coupon and is expected to have the first call date after seven years. To conclude, I will give a look back on the financial year 2025 and our Q1 2026 results. Looking back at 2025, we had a record year with a group result of NOK 5.7 billion, 14% above our 2025 target. We were able to deliver a solid return to our customers, meanwhile providing top-ranked products. This provides a strong foundation for our 2028 ambitions of NOK 7 billion group result and 17% ROE. Now, let's have a quick run-through of our Q1 results which we presented last week. Q1 2026 demonstrates continued momentum. Our group result was NOK 1,353 million, up by 16% versus Q1 2025. Unit-linked reserves grew by 12% and insurance premiums had a solid growth of 18% compared to last year. Our AUM stands at NOK 1,543 billion, and we delivered a return on equity of 15% trailing the last 12 months. The Storebrand Group had a solvency ratio of 206% despite volatile financial markets in the first quarter. This did not disrupt our operating performance, and this shows the resilience and diversification of our business model. To summarize, Storebrand Livsforsikring is a financially strong, strategically well-positioned Nordic insurer with a proven track record of execution, improving capital quality, and growing shareholder returns. We look forward to seeing your interest in the transaction. Thank you.