Good afternoon, ladies and gentlemen, and welcome to everybody who are joining us live online. Today's press conference is devoted to a summary of the financial performance of PKN ORLEN for the year 2021, as well as for the fourth quarter of 2021. This conference call will be delivered by Mr. Jan Szewczak, Management Board Member of PKN ORLEN for Finance CFO, as well as Mr. Armen Artwich, Management Board Member of PKN ORLEN for Corporate Affairs. I'll now give the floor over to them to deliver the presentation. Good afternoon, ladies and gentlemen, and welcome to yet another conference call of PKN ORLEN, both applying to the fourth quarter and the entire year of 2021. Before I move on to the fourth quarter of the year to discuss it, I'll start by saying a couple of words about the entire year of 2021 we have just closed, and I am very happy to tell you that for yet another year running, our performance is record-breaking, not in the scale or across the scale of a couple of years, but against the background of the entire transformation of Poland economic transformation, because we have delivered LIFO-based EBITDA of PLN 14.2 billion. This is something that needs to be noticed not only in Poland, in the CEE region, but also among the world's global powerhouses in Europe. Our net profit for 2021 is more than PLN 10 billion, specifically PLN 10.2 billion. Only in the fourth quarter of the year, we delivered net profit at PLN 3.2 billion, which means that during the three quarters of the last year, PKN ORLEN delivered net profit, which was higher in comparison with the past eight years in comparison with the eight years of the previous government management of the company. Again, in the three quarters of the year, we have made more money than our predecessors for the eight years of their governance. This is driven to a major extent by our good and solid performance, as well as our courageous decisions we have made on the way. I'll discuss it later on against the background, for instance, of the purchases of CO2 emission certificates. These were all the factors that were the drivers behind our solid performance. Our LIFO-based EBITDA is well diversified and our financial standing is solid as well. We have made more than PLN 13 billion, to be exact, PLN 13.4 billion in operating cash flows. What's also important and worth pointing out is our investment. We are talking about almost around PLN 10 billion in our CapEx. This year we expect to report an even higher CapEx of around PLN 15 billion. We have managed to achieve such solid performance, but we also paid out dividend to our shareholders at PLN 3.5 per share. Yet another confirmation of our strength is the fact that all these effects were achieved in the context of lower debt. We drove debt down to around PLN 15 billion. However, our net debt to EBITDA covenant is at a very safe level of 0.61. As you might remember, we have always emphasized that in the strategy, the covenant is at 2.5. You can clearly see that it is possible to deliver record-breaking results in terms of our financial performance, operating performance, of a company that is state-owned while keeping our debt at a safe level. We have secured financing of our ongoing operations for all the growth projects through the issue of ESG-based bonds at PLN 1 billion. What's also important, and we have already communicated it to you, as the first company in Poland, we have issued green euro bonds of EUR 500 million euros more. This is about PLN 2 billion. This is a level that has never been seen before in Poland. I'd like to thank all the team, the team responsible for the management of our finances. I do believe that this project was a spearheading project, pioneering project in Poland, in the context of a great uncertainty of, the market situation in terms of the fuel market. Mr. Michał Perlik and all the team, thank you very much, and please give our heartfelt thanks to all of the members of that team. This, the proceeds from that issue will be devoted to or dedicated to our investments, especially in terms of offshore foreign projects and infrastructure. The infrastructure that is dedicated to this huge project, and this, it will be discussed in more detail by Mr. Artwich. Also, we will dedicate those proceeds to other CapEx projects. We also managed to secure financing from the European Investment Bank for projects which will support sustainable development. We're talking about the funding of about EUR 180 million. Obviously, 2021 was a challenging year. This year was not a normal situation in the context of the pandemic. However, we managed to deliver all our most important goals and projects, and we also made great progress in terms of our acquisitions. As you obviously know, we selected four partners for remedies, and we submitted documentation required by the European Commission. We're talking about the LOTOS Group acquisition. This has been a major effort, and we dedicated the entire year up to December to that project. We do believe that the agreement with MOL Group and Saudi Aramco is a historical moment for not only PKN ORLEN, but also for the Polish economy. We're not only talking about the selection of remedies partners, but we're talking about projects dedicated to technologies, patents, and licenses, as well as other technologies of Saudi Aramco, which are the most state-of-the-art solutions around the world for fuels, alternative fuels, synthetic fuels that Saudi Aramco has in their portfolio. This is why this project was very important to us and very valuable to us. We prolonged that process because we needed to make sure that we achieved the greatest possible result, the most advantageous result for PKN ORLEN. We are very happy that we have been able to secure such amazing partners. As far as the PGNiG acquisition is concerned, you probably know that, we're still awaiting the decision of the UOKiK. In 2021, we closed a number of growth investments and projects. We're talking about propylene glycol project at ORLEN Południe, visbreaking installation at Płock, and also preparation work for wind farm projects in the Baltic Sea, as well as hydrocracking unit at ORLEN Lietuva, as well as bioethanol, second generation at ORLEN Południe, and CCGT at Ostrołęka and as well as Grudziądz. We acquired 100% of shares in OTP, the largest road fuel carrier in Poland. This is a very important step, very important acquisition. We also launched more than 400 automated parcel machines as part of the ORLEN Paczka project. This is a new growth project, and we're keeping our fingers crossed for it. We launched 300 alternative fuel points. We also launched new formats of ORLEN in Motion, ORLEN w Ruchu. Other projects included the fact that we secured crude oil supplies by signing annexes to Rosneft and Tatneft, as well as Saudi Aramco contracts. We also signed new contracts with ExxonMobil. We're talking about major powerhouses, global partners, and I'd like to emphasize once again that this cooperation with one of the most, if not the most petrochemical or the largest petrochemical company in the world, Saudi Aramco, is very important for us. We also launched certain startup programs, meaning, by which I mean, ORLEN Skylight Accelerator, as well as Hydrogen Eagle, which is aimed at construction of international hydrogen hubs network. This is a very important project for us as well. We want to take action in that area, and we are very sad to hear that there has been a number of misinformation in the press that are not true. This is a priority project for us. We are very much aware of the fact that the world, in terms of fuel market, is changing, and we need to take proactive action in order to meet those challenges, in order to make sure that we are ready for those changes. I'm talking about hubs and hydrogen projects. We also signed an agreement with Synthos to jointly develop and implement zero-emission projects, MMRs and SMRs. We have mentioned those projects before, and I do believe that this is, to a large extent, the future of the Polish energy market. We do believe that, just as our CEO, Daniel Obajtek said, we do believe that we will achieve those goals. We also have partnership with GE Renewable Energy in relation to new licenses for wind farms in the Baltic Sea. This is again, an important and a global partner. All our works in that area have been recognized by the markets. We again were named the world's most ethical company, as well as Top Employer Poland. Obviously, we are happy to be a company that draws great attention to its corporate governance and CSR activities. Our annual reports were also recognized and appreciated by the market. We also received the Golden Leaf by the Polityka magazine, and ORLEN was also named Poland's most valuable brand. I do believe that, this value of the company, will be even greater after last year's results. This is as far as the recap of the entire year is concerned. Again, I'd like to emphasize it has been a great year for us, so we put a lot of work in order to meet the challenges of this very challenging market situation in the context of the pandemic. We still managed to report historic and record-breaking results due to our great involvement and the great involvement, obviously, of the entire team across PKN ORLEN. Before I move on to discussing the fourth quarter alone, I would like to, on behalf of Mr. Daniel Obajtek, PKN ORLEN's CEO, I'd like to thank all the members of our team, all the employees, for their engagement and solid work. Thank you very much on behalf of the entire management board. As far as the macro environment is concerned for the fourth quarter of the year, moving on to the next slide number five, you can see that the model downstream margin went up by $2.2 per barrel in comparison with 2020. It went up to $6.7 per barrel. As a result of the nearly six-fold increase of the refining margin and the Brent-Urals differential, as well as the 50% increase of petrochemical margin. Margins on light and middle distillates went up as well. The same applies to all petrochemical products. However, our margins on heavy fractions, refining fractions went down, which means that we also reported higher costs of our in-house usage due to higher prices of crude oil, which obviously are still very volatile. As far as the consumption of fuels is concerned, we saw a certain economic recovery in 2021. On slide six, you will see the data for Q1 consumptions for the figures. We reported significant increases across all our markets, mainly due to the absence of certain lockdowns or some serious limitations in terms of transportation and in the context of the pandemic, which we obviously suffered from in 2020. Obviously, certain economic recovery and an increase in GDP figures. This will be an important factor for the previous year. We do not have yet the official data, but I do believe that the GDP figure is about 4%-4.5%, which obviously will drive up consumption across all our markets, and I do believe that the GDP growth will continue in Poland. On slide eight, you will see financial results of PKN ORLEN. We reported higher revenue by 68%, going up by 68% year-on-year due to higher quotations of refining and petrochemical products, as well as due to crude oil prices increasing by $36 per barrel, but also due to higher sales volumes going up by 7% year-on-year. We reported PLN 4.3 billion in the fourth quarter alone in terms of LIFO-based EBITDA, going up by PLN 1.5 billion year-on-year. As I said before, this is mainly a result of the positive macro impact, also due to higher trade margins in wholesale as well as non-fuel margins in retail, as well as the usage of historical older inventory layers. Still, LIFO-based EBITDA was driven mainly, again, I'd like to emphasize, by great management and courageous, bold decisions, especially in relation to CO2 emission allowances and purchases of those allowances. Those positive effects were partially limited by other drivers. We need to remember about the LIFO effect at PLN 1.3 billion in terms of the impact of changes in crude oil prices. Financial results stood at more than PLN 100 million as a result of only the surplus of positive FX differences. Our net results in the fourth quarter stood at PLN 3.2 billion and at PLN 10.2 billion for the entire 2021. We would like to see those results maintained in the years to come, because as I said before, these are record-breaking results, not only in the scale of a couple of years, but in the context of the last 30 years of Poland's economic development. Moving on to LIFO-based EBITDA performance by segment, I'd like to give the floor over to Mr. Artwich. Thank you very much for this introduction. Moving on to discussing slide number nine, LIFO-based EBITDA by segments. In the fourth quarter of 2021, in the refining segment, we reported the figure going up year-on-year, mainly due to positive macro impact, higher sales volumes, higher trade margins, and usage of historical inventory layers. A negative inventory valuation, as well as higher provisions for CO2 emissions. In the petrochemical segment, we reported an increase of PLN 600 million year-on-year. The contributors included obviously the positive macro impact, as well as high trade margins and negative impact of lower sales volumes, as well as higher provisions for CO2 emissions. In terms of the energy segment, we reported a decrease by PLN 1.1 billion year-on-year, mainly due to negative macro impact, as well as higher overheads, as well as higher provisions for CO2 emissions. In terms of retail, we reported PLN 600 million down by nearly PLN 200 million year-on-year. This was obviously due to negative macro impact, as well as fuel margins, higher overheads, and labor costs, combined with positive impact of higher sales volumes, as well as higher non-fuel margins. In the upstream segment, our results were higher by PLN 136 million year-on-year, due to positive macro impact combined with lower sales volumes. In corporate functions, we reported lower costs by PLN 142 million year-on-year, mainly due to Orlen Group's companies better results, as well as lower donations and other spending related to the fight with COVID-19. Moving on to more detailed discussion of our performance by segment. On slide number 10 presents our refining segment, reporting nearly PLN 2.1 billion in LIFO-based EBITDA, going up by PLN 2 million year-on-year. The positive macro impact year-on-year was mainly due to higher Brent-Urals differential, higher cracks on light and middle distillates, a weakening of PLN against the US dollar, as well as settlement of CO2 contracts. These were all drivers of that result. When we are talking about CO2 future contracts, we need to remember that the effect was at PLN 500 million or more than PLN 500 million, versus around PLN 200 million in the first quarter of 2020. Those effects, positive effects, were offset by the negative impact of lower cracks on heavy fuel oil, higher costs of our internal usage due to rising crude oil prices, as well as cash flow hedging transactions as a result of higher crude oil prices and petroleum prices in the fourth quarter of 2021. In the previous quarter, we reported higher sales in the refining segment, going up 10% year-on-year, especially in terms of gasoline, diesel oil, jet aviation fuel, as well as heavy fuel oil, combined with lower LPG sales. On the chart on that slide, you'll see others, which includes PLN 0.3 billion of positive impact of higher trade margins, as well as the usage of historical inventory layers, as well as the negative figure of PLN -1 billion year-on-year of negative NRV impact on higher provisions for CO2 emissions. Moving on to slide 11, I'd like to discuss the operational data for the refining segment. In the fourth quarter of the year, the throughput, crude throughput was at 0.4 million tons, going up year-on-year by 1.2 million. We also need to remember that we reported higher crude oil throughput at PKN ORLEN due to the lack of maintenance shutdowns in the fourth quarter of the year, including the CDU, hydrocracking, hydrogen unit, as well as lower utilization of FCC, HCOil and HTC units. At ORLEN Unipetrol, we reported an increase of 0.2 million tons year-on-year due to improvement of our macroeconomic situation, as well as our market standing, and the smaller scope of maintenance shutdowns year-on-year, which led to also higher fuel yield figures, going up by 3 percentage points. At ORLEN Lietuva, we reported an increase of 0.6 million tons year-on-year due to reduced production in the fourth quarter of 2020, resulting from unfavorable macro situation, the so-called base effect. We also reported higher fuel yields by 2 percentage points due to higher usage of semi-finished products. In the fourth quarter, we've sold 6.8 million tons of our refining products, going up by 10% year-on-year, mainly due to better market and macroeconomic situation, and those volumes, in terms of, all our markets went up. Moving on to petrochemical segment on slide number 12, you'll see that the petchem reported a high record-breaking result at PLN 4 billion, going up by 17.8% year-over-year. Positive macro impact due to higher margins on olefins, polyolefins and PTA as well as PVC and fertilizers was a major driver but also settlement of CO2 contracts. As I mentioned before, we reported and saw the results due to those drivers. Sales volumes went down year-over-year by 7%, mainly due to lower sales of fertilizers, PVC and PTA, combined with higher sales of olefins and polyolefins. You will see in this particular slide, the other items, which includes 0.2 billion year-on-year positive impact of higher trade margins, as well as the usage of historical layers of our inventories, as well as the item, negative item of PLN -100 million due to negative impact of higher provisions for CO2 emissions. In terms of our usage and utilization figures, we went back to more than 90% usage at Płock but also at BOP. At Płock, after the shutdown of the olefins unit in the previous periods. As far as metathesis unit at Płock, the utilization needed to be adjusted to the demand for polypropylene and propylene and the available storage capacities. At Włocławek, we extended the planned investment maintenance shutdown for PTA, and in terms of olefins at Unipetrol, we reported stable work of the installation compared to previous periods. Sales volumes amounted to 1.3 million metric tons, going down by 7% year-on-year, mainly due to lower sales in Poland, going down by 13%, mainly for fertilizers and PTA, as a result of maintenance shutdown of PTA and reforming installations combined with higher sales in Lithuania going up by 47% due to macro environment improvement as well as higher sales in the Czech Republic by 32% as a result of improving operational parameters of the installations year-on-year. In the energy segment, slide 14, you will see that we generated 220 LIFO EBITDA in terms of our performance going down year-on-year. The contributors were mainly Energa Group. In the fourth quarter, we reported negative macro impact year-on-year as a result of higher gas prices, higher lignite prices at Unipetrol, as well as unfavorable price relations between the purchase and the resale of energy at Energa Group, which was partially limited by the positive impact and settlement of CO2 emission contracts. In the fourth quarter, we reported record-breaking gas prices going up six-fold year-on-year, and the same applies to the volatility of prices as a result of lower utilization rate due to high cost gas quotations, and we need to remember that our gas stocks across Europe were low. The item others include higher provisions for CO2 emissions at PLN 0.3 billion, as well as higher fixed costs. In terms of the operational data of the energy segment, you'll see on the next slide that we produced 3.3 or 3.2 terawatt-hours of electricity, which also came from renewable energy sources, the CCGT units. Our electricity production went down by 3% as a result of lower utilization of gas units due to unfavorable macro, as well as higher energy production at Ostrołęka due to higher demand from PSE, Polish Grid Network. The electricity sales decreased by 8% due to lower sales on TGE, the exchange. Electricity distribution figures went up by 2% due to higher economic activity and economic recovery, as well as higher number of electricity connection points. CO2 emissions amounted to 2.5 million tons. Moving on to a retail segment, the fourth quarter of the year was a period of lower fuel margins combined with higher sales volumes. EBITDA of our retail segment was at PLN 572, going down 25%, mainly due to higher costs of our service stations, combined with higher costs and higher non-fuel margins. Fuel margins in Poland went lower in Poland, but higher in Germany and in Czech Republic and comparable in Lithuania year-on-year. Higher non-fuel margins in Poland were combined with lower margins in Germany and Czech Republic. Our non-fuel margins was higher in Poland and Lithuania, but lower in Germany and in Czech Republic. We have consistently increased the number of our stations offering alternative fuel points. We currently have 508 alternative fuel points, going up year-on-year by 296. At the end of the fourth quarter, we reported 2,881 fuel stations in total, going up both in Poland but also in Germany, Czech Republic, and in Slovakia. 80% of our stations already offer our Stop.Cafe non-fuel concept. We also opened new non-fuel locations, including ORLEN w Ruchu, ORLEN in Motion. At the end of the year, we reported 2,290 non-fuel locations going up across all our markets. Our sales volumes went up year- on- year, mainly due to higher sales in Poland, going up by 12%, in the Czech Republic going up by 6%, and Germany going up by 2%. Our market share in Germany and Slovakia went up, but went down across all our other markets. We are developing our non-fuel location, our alternative fuel points, going up in Poland by 273, by 19 in the Czech Republic, and by four in Germany. Our clients were offered new locations for recharging their electric vehicles. We also have two hydrogen stations and fuel points in Germany, and also CNG stations in Czech Republic. In terms of our upstream segment, we reported positive macro impacts combined with lower sales volumes. Our EBITDA, LIFO-based EBITDA was record-breaking, almost four-fold in terms of its increase year on year, obviously due to higher prices of all hydrocarbons. Our average production went down by 0.3 thousand barrels of oil equivalent per day due to lower production in Canada, and our sales went down by 7% year-on-year as a result mainly of unplanned shutdown of our external hydrocarbon customer in Canada. The operational data for our upstream segment includes the average production at 15.9 thousand barrels of oil equivalent per day and our upstream CapEx stood at PLN 150 million. In the upstream segment, we focus on the most prospective projects and promising project. On slide number 19, you'll see specific information in terms of our operational activities in the fourth quarter in terms of Miocen and Sieraków and Płotki projects that in Poland, as well as Kakwa, Ferrier, and Wapiti in Canada. Moving on to our financial standing, I'll now give the floor over to Mr. Jan Szewczak to discuss it. On slide number 21, you will see our cash flow figures. I'd like to draw your attention to two points. We generated PLN 14.2 billion in terms of LIFO-based EBITDA. We have already mentioned that figure. The LIFO effect was at PLN 4.2 billion. Working capital was at PLN 4.4 billion. Working capital increase, this makes us quite happy because we are translating into, it into high CapEx nearly at PLN 10 billion, specifically PLN 9.9 billion, which was combined with our dividend payout, which means that we are meeting our shareholders' expectations at PLN 3.5 per share. We spent PLN 1.8 billion on the acquisition of fossil CO2 emission allowances. We have also spent that money in order to make some savings. We would have spent a lot more hadn't we secured our allowances two years ahead. For some major powerhouses and major companies around the world, it is a great challenge to meet. We managed to keep it under control. We generated also nearly PLN 2 billion, PLN 1.9 billion specifically, for the settlement of deposits to secure hedging instruments. The next slide is very important. It shows our debt figures. As I said before, across the year, we reported lower debt in the fourth quarter alone and went up to PLN 12.2 billion at the end of the year, which was mainly due to our spending at PLN 100 million, combined with, say, with positive flows, cash flows. I'd like to point out again that we secured a funding from the European Investment Bank dedicated to sustainable projects. Which is very important these days. These are very specific projects that we need to focus on. Our obligatory reserves in the balance sheets stood at PLN 6.4 billion at the end of the fourth quarter. Our net debt to EBITDA covenant is a very solid and safe level of 0.61, and despite that, our strategy figure is at 2.5. We are on the very safe side here. Our sources of financing are well-diversified. You can see that in the lower part of this slide in the pie chart, and the maturity of 2023 is a very solid figure as well. We have rankings from global renowned agencies such as Fitch and Moody's, and this all shows that our decisions in terms of our strategy were good decisions. The next slide is devoted to our CapEx figures and our investments and our investment spending. As I said before, it stood at nearly PLN 10 billion. These are record-breaking results never seen before in Poland, and higher than we have planned before. We planned it at PLN 9.5 billion, and we managed to go beyond that plan. This is due to the fact that we managed to accelerate certain processes and some growth projects are at a more advanced stages than before, and than we would have expected. We also spent more on petrochem and energy projects. These are strategic directions of our growth as well as refining. We are well aware of the fact that our decision and assumptions that we need to create a multi-utility company here, a multi-utility powerhouse, and we need to do that in order to feel safe in these uncertain times. We need to have solid pillars of our operations. We used to report higher contributions from retail, for instance, in previous periods. We can see right now that when retail does not contribute that much anymore, other pillars and segments of our operations contributes to balance that effect, for instance, petchem or energy. In terms of our main growth projects in the fourth quarter of the year, we have already mentioned the visbreaking unit at Płock, as well as the olefins unit at Płock. This is a major product project watershed or breakthrough project in terms of the development of the olefins production in Poland. We have secured financing for that project, and we see there is a lot of interest among the banks around the world, not only European banks, but also global Asian banks in that particular project. In retail, we opened 35 fuel stations. We closed seven fuel stations. It's not that we only open or build new fuel stations. Sometimes we need to close them down if they do not bring any profit, if it turns out that, the cost effect figure is not to our advantage. The roads infrastructure in Poland has changed. We are building new highways, and this is all ahead of us. We want to make sure that PKN ORLEN's share in that particular market is considerable. Poles like to see PKN ORLEN fuel stations on the way when they are, traveling. They are nice. They look good. They offer a lot. We keep our fingers crossed that we will be involved in those processes, as time goes by. On slide number 25, you will see our CapEx plans for 2022. This is a major figure. This is a huge figure at PLN 115.2 billion, of which we want to spend PLN 10.7 billion on our growth projects, 75%, which is brand new in our history. This major growth in our CapEx figure is due to more spending on the advanced stage projects, and this includes hydrocracking unit at Lithuania, as well as hydrotreated vegetable oils unit at Płock, bioethanol, second generation unit at ORLEN Południe, construction of the visbreaking unit, as I said before, extension of olefins capacity at Płock, but also building of the wind farm project in the Baltic Sea, as well as connection of new clients to Energa Group, as well as constructions of CCGT and units at Ostrołęka and at Grudziądz. We want to open more than 30 new fuel stations. We want to extend our non-fuel sales offering. This is of major importance to us. We are opening more than 30 new locations with the Stop Cafe and Star Connect format. We want to introduce new services and new products, and we hope that it will attract new clients. We also do hope that as time goes by, slowly, step by step, the pandemic will subside. Poles like to spend money. Consumption is one of the major drivers of Poland's economic growth, and we do hope that we benefit from it as well. Moving on to macro environment. This will be discussed by Mr. Artwich again. Let us comment on our current macro environment, as well as our forecasts in terms of this year and next year. Slide number 26 presents our current macro figures for the first quarter of the year. Model downstream margin went down by EUR 0.10 per barrel, mainly due to lower refining margin, as well as Brent crude oil differential, combined with model petrochemical margin going up, mainly due to rising prices of crude oil. The price of crude oil is going up, as you might know, due to a very tense geopolitical situation. The crack margins also are going up. The Brent crude oil differential went down by $0.5 per barrel, mainly due to higher demand for crude. The petrochemical margin went down mainly due to higher prices. In terms of our outlook for the macro environment in 2022, we expect that the average crude oil prices will go up to around $75-$80 per barrel, as well as higher refining margins. We expect those margins to increase to the level of $4 or $5 per barrel. We expect a comparable Brent crude oil differential, but we also expect decreases in petrochemical margins. We expect decreases in gas prices after the heating season. We expect an increase in electricity prices to around PLN 450 per MWh, as a result of expected increase of price of CO2 emission rates and high gas prices. As you might know, the global economy is recovering after the pandemic. In terms of our GDP outlook, we expect GDP growth, we expect GDP to grow, and also the same applies to fuel consumption as well as petrochemical product consumption and demand. In terms of our regulations, we need to remember about the government's anti-inflation package, which will reduce, for instance, the excise tax on fuels. Also it provides for exemption from retail sales tax, as well as VAT reduction on fuels, which will translate into lower fuel prices, and also this should stimulate demand for fuels. Thank you very much for your attention. I do believe this would be all on my part. Thank you for your attention, and I do believe that we're now ready to move on to your questions. Thank you very much for this part of the presentation. As usual, we received a number of questions to our dedicated email address. Obviously, we will not be able to answer them all, but our press office will prepare answers to all of your questions later on. We will start with the topic that is of interest to you all. That is dividend. There are a couple of questions concerning dividend. Mr. Apanowicz, ISBnews, asks whether the conclusion of the acquisition process for Grupa LOTOS, and also potentially PGNiG, will have an effect on a dividend payout for 2021 or 2022. Well, let me answer that question. We are a reliable company. Even if in very challenging years, we were able to pay dividend. Secondly, and this is all provided for in our strategy for 2030. We included the acquisition of LOTOS in that strategy. We are talking about the payment of dividend at PLN 3.5 per share on PLN 1.5 billion for 2021. Obviously, we need to remember this is our recommendation. The decision, the ultimate decision, is up to the general shareholders meeting. In March, we will publish our annual report, and we will present our recommendation there. We want to keep our promises. We find our shareholders important. This is the shareholders that we work for in order to make them satisfied with our performance. We want to uphold our earlier declarations and promises in the area of dividend payment. Sergiusz Zykunowicz, Polska Press, "When will you publish your hydrogen strategy, and can you give us any insights into your main assumptions in that area?" Thank you for that question. PKN ORLEN as a major producer of hydrogen, industry-grade hydrogen. Let me remind you that hydrogen is important and essential for petrochemical installations. We produce a lot at Płock and at Włocławek, but also abroad. On the other hand, we need to remember that hydrogen, grade hydrogen, that industrial-grade hydrogen is important for our clients because it is a green solution. We look at hydrogen as a very promising transport solution. We are talking about not only Poland, but also Czech Republic and Slovakia. In both those areas, our work is well underway in order to apply hydrogen technologies in practice. This is one of major components of our strategy until 2030. All those two components will be included in the hydrogen strategy of PKN ORLEN, which we are planning to publish shortly. One of the elements of that strategy is, as Mr. Szewczak has already mentioned, a major hydrogen project, Hydrogen Eagle. Business Alert, Mr. Maciołkowski asks another question. What is your ambition in terms of offshore projects? Three applications for allowances, is this all? And how is your relationship with PGNiG? What does the relationship with PGNiG look like? We applied for new licenses in the Baltic Sea. We do believe that opening the very procedure for licenses is good news for the entire sector, and we want to tap the opportunities, but also the effect of economies of scale, and we want to apply for more licenses. We're talking about 11 available licenses. I have mentioned the economies of scale because in addition to the strictly economic effect, this will enable us to maximize the local content effect, by which I mean the Polish participation of Polish suppliers in the value chain or supply chain for the offshore project. Let me remind you that the Polish strategy for 2020, 2030, we want to see new offshore projects in the Baltic region, and PKN ORLEN wants to be the leader of this transformation. By the end of the decade, we are planning to spend on advanced energy projects, including offshore projects, PLN 37 billion. Another question from BiznesAlert. In the context of energy crisis, wouldn't it be worthwhile to wait with the acquisition of PGNiG? Those who wait, what comes up next may lose and may be very surprised because growth around the world is fast-paced, and only a powerhouse, a big player, stands any chance to meet those challenges. We have great ambitions, but we also are very consistent in our actions. We do believe that the energy transformation poses a lot of challenges, and smaller companies cannot bear that burden in terms of financial burden of, for instance, great investments to come and which are necessary to survive. At PKN ORLEN, we want to be the pioneer, and we want to spearhead that growth, but we're also very cautious and our strategy is well-thought. Major powerhouses, multi-utility powerhouses around the world have already integrated and diversified, have integrated their areas of business, they have it under control. We have already applied for the anti-monopoly clearance. I'm waiting for the decision. This is not only about certain decisions for government administration, but also we need to remember that this is a great and challenging process of the merger. We are talking about two separate companies, two listed companies, which means additional requirements. The greatest burden, the greatest effort, is actually after we can expect those efforts after the clearance of the Polish anti-monopoly office in order to actually achieve those tangible synergies translating into our growth, translating into our strength and the possibility to secure new financing. Because you need to remember that a big company can fare better in this very challenging market situation. Thank you very much for your answers, and thank you for your involvement. This will be all in terms of our today's conference call summarizing PKN ORLEN's performance after the fourth quarter of the year and the entire year of 2021. Thank you very much for the presentation, and thank you for your involvement. Goodbye.