First out, Björn will take us through some numbers. Sure. Thank you, Per. As a reminder, as Per mentioned, if you want to ask a question later on, please use the Q&A function here on the Zoom, and we'll address that towards the end of the call. Let's start with the numbers. As per June 30th, VNV Global's net asset value stood at $461 million or $360 per share, which is flat during the quarter in dollar terms and up 2% in SEK terms. In SEK terms, NAV was SEK 4.5 billion, or just shy of SEK 35 per share. For the six-month period, NAV is down 16% in dollar terms and down 11% in SEK terms. If you jump to the next slide, we can see that the overall investment portfolio is $484 million and consisting of sort of $468 million worth of investments and $16 million in cash and cash equivalents. Of that investment line, approximately additional $9 million sits in short-term liquidity management investments, down from around $30 million end of Q1, as we redeployed the majority of those liquidity management investments in funding the partial bond buyback that which we completed in the quarter. With that buyback, of course, borrowings is down over the quarter to $27 million, versus $46 million at the end of Q1. That follows the sort of SEK 167 million bond repurchase, which we completed during the quarter at 104 of nominal amount. You also note, we continue to trade a material discount to NAV. Given the current share price, we trade at a roughly 53% discount to the Q2 NAV. We will also continue to repurchase shares during the quarter. Year-to-date, we've repurchased roughly 600,000 shares, most of which were canceled following the resolution at the AGM. As per June 30th, we still hold roughly 100,000 common shares in treasury. If we move to the next slide and just a few notes on the fair value movements during the quarter, as per usual, driven by the larger holdings. BlaBlaCar this quarter is valued at $121 million, model-based, up 1% during the quarter. You will note this in the report in the note package, that the pre-discount multiple this quarter is up, and that's a consequence of excluding the low-margin operated bus segment, which BlaBlaCar announced that they're winding down. Dennis will come back to this later. Voi is valued at $106 million, also based on a model, also flat or down 1% during the quarter. HousingAnywhere, flat, still based on a transaction that was completed in Q1. Numan valued at $36 million as of end of June. Now a model-based valuation as the previous transaction just moved across 12 months old, and that's down roughly 2%. Finally, sort of the two next largest holdings, Breadfast continues to be valued on a relatively fresh transaction at $30 million, so flat over the quarter. Bokadirekt up 5% during the quarter to $26 million, primarily driven by slightly higher peer multiples. All in all, these six companies represent close to SEK 27 per share in aggregate, or 78% of the NAV. Before handing back to sort of Per and Dennis walking through the portfolio, as one note on sort of cash, we ended Q2 with $16 million in cash, which I already mentioned, and an additional sort of $9 million in liquidity management investments. The primary movement in that cash during the quarter again was the partial bond buyback that we completed in April. With that, I'll leave it back to Per, who will continue to walk you through the latest developments and key holdings. Thank you. Yeah, sort of the structure of the portfolio is very similar over this quarter. Just everything sort of flat, at least the big ones. Not much to dwell upon here. As Björn has sort of said, continued to trade at this discount. We bought back stock, and this is very much sort of top of mind on how to deal with this. This graph is familiar to you all. On a sort of aggregate level, at least for these, the top six companies make up a bunch of the current NAV. I'd really like to stress that beyond these six companies, there's some really exciting stuff that is doing phenomenally well right now. In spirit of sort of simplicity, it's good to sort of focus on these six ones. As you can see, sort of this portfolio continues to sort of grow on the revenue line, and even if the numbers are smaller, the portfolio's turned profitable, and that profitability is growing. Those of you sort of who've followed these slides over the last couple quarters will note that the $130 million level for 2025 is lower than before, and that's because BlaBlaCar is basically changing, and where they're getting rid of these long-distance sort of bus trips in Europe, which is not really sort of a marketplace business. Low margin, big volume. Revenues have gone down, but profitability's gone up as that business line is being discontinued, which we are very happy about, us lot who are marketplace-focused. We'll dig in a little bit more into the larger holdings. In this report, we also, of course, talk about a VNV 2.0 kind of future. It's not really 2.0, is it? It's like a 14.0 by now or something. We're very intensely at work in establishing a fund structure, a regulated fund structure with people who do regulated fund structures, in order to start our first fund that we'll be part of managing. We're super excited about that, and that's partly driven by the fact that we see a lot of stuff, interesting investment opportunities around our portfolio and in our network at large. Of course, the discount only allows essentially for buybacks. We think that in our sort of proximity, in our network, there are people who want to sort of get exposure to the kind of deal flow that we see. We also think that us as shareholders, in some way, also would benefit if we have exposure to the kind of deal flow that's floating around us. Establishing a regulated sort of platform to pick up on that deal flow feels very natural and very good too. The plan is that the first sort of investment vehicle will be one that focuses on our historic sort of presence in emerging markets, marketplaces, embedded fintech, etc, where there's a bunch of stuff going on, where we really feel that we're maybe uniquely positioned to execute on that kind of deal flow. Very excited about that. This really also comes on the back of that we have over the years, you may have noticed that we have a bunch of sort of SPVs that we have in our structure. On the back of the success of those, it feels very natural to capitalize on deal flow by continuing those SPVs into a fund, and do off-balance sheet investment, which over time could also generate sort of value in terms of fees, etc. Very excited about that. More on that over the quarter. We're hard at work, and we think we'll be back to you within the quarter we're in and talk more about that. We also have a Capital Markets Day coming up in mid-September here in Stockholm, and if not before, then by then. That'll be a good opportunity to sort of set out the strategy I'm now giving a teaser on in more detail. That is something background-wise that I thought I'd touch upon. We continue here in the portfolio, BlaBlaCar, we've alluded to it for a while now, but also in this call, that BlaBlaCar has discontinued the stuff in the business lines that are not network effects kind of economics, which is essentially the old regulated bus business in Europe. That has basically taken down revenues a bit and profitability up. We're very excited about that. Going forward, from now on, as that sort of aggregated slide showed, we'll be showing the business on a pro forma basis without this low margin, high volume European-operated bus system. Marketplace stuff like carpooling and bus marketplaces, which is different than operated buses in Europe, obviously still remain and are much, much higher margin businesses. Beyond that also, BlaBlaCar is really doing well. I mean, yeah, humbly, partly because this is a, well, what we call a counter-cyclical business, nearly a counter-cyclical business. In tough times, people are more prone to share costs by sharing a car ride. Even more so during times when the petrol price is obviously high, which it is now on the back of the war in the Middle East. The cost of driving a car, especially over long distances, is high. People go to BlaBlaCar to save on these costs. Dennis, is there anything else on BlaBlaCar that we should talk about at this juncture? I thought I'd take the opportunity to deep dive a bit on the modeling as we've done over the past years. We've explained that we value BlaBlaCar on the back of a sum of the parts model, and we've always had three segments. It's the carpool segment, which is high margin, and BlaBlaCar's been operating since the start. It's their OTA business, which is primarily a business through which they sell bus tickets via a marketplace model, and it's the low-margin segment, we've called it historically, which has predominantly been this operated bus segment. As Per has already mentioned, BlaBlaCar is now shutting this business down. The wind down has started now and is expected to be done by year-end. In this business model, BlaBlaCar takes risk on utilization of buses. It's not a take rate on a bus ticket sale business model, but BlaBlaCar rather decides that a bus would go from point A to point B, contacts a bus operator, and then promises them a certain fee and hopes to kind of fill up the buses. It's a high-risk business model. It's a utilization risk business model, and for that reason, they've decided to shut it down. It was never profitable, and it lacks the network effect dynamics that Per has already mentioned. As Per has also mentioned, but just to be clear, bus tickets will of course continue to be offered on the platform, but via the OTA business model. This has no real impact on user experience. The same supply is available on the platform. Revenues will be lower once this is fully done, so from 2027 onwards. EBITDA will be higher, both in absolute terms since this was an unprofitable business, but then of course also in terms of margin as you're excluding revenues and have higher EBITDA, so margin will go up quite significantly. This is probably best explained or illustrated by looking at the gross margin of the business going from roughly 50% as a weighted average to north of or around 90% after excluding the operated bus business segment. A much kind of cleaner P&L, if you will. Specifically in this quarter, the multiple has moved from roughly 2.7x EV/Revenue on an NTM basis that we had last quarter to 4.2x in this quarter. This is pre-discount, so we always apply a 10%-30% discount as a reminder, but these are the multiples that you would find in the report note package. This is really predominantly a consequence of excluding the low multiple, low-margin revenues from OB, coupled with some multiple of uplift on the remaining businesses that BlaBlaCar operates. Just wanted to give that extra color in this one. Thanks, that's good. Continuing in the portfolio, we come with Voi. Voi is really killing it in terms of operations. There's also other good stuff going on, which is that their biggest competitor, Lime, has IPO'd now after the end of this report. There's finally an equity that's listed within this micromobility space, which is a big and sort of stable business. Obviously, Bird listed back in the days and subsequently went south and now is no longer listed and owned by other people. Lime is a big thing in our world. Lime is a very good peer for Voi, which we will absolutely use going forward as an important input to when we need to look at a listed sort of peer group for multiples on which to value Voi. As you know by now, the preferred method is to use a transaction in the actual name. If there is no transaction, we go to the model, and the model uses a peer group. There's been nothing perfect out there for Voi. Now there is something that's very relevant, and which will be important going forward. The Lime IPO was, of course, the timing of it was, what should we say? It screamed of you get a sense of that this was not driven by market timing, some sort of peak or anything. Probably on the contrary, you don't do an IPO after SpaceX and before Anthropic. The attention of capital markets are elsewhere, and that's been very evident in the sort of attention that this stock has gotten. We've seen a bunch of reports out there which is plainly just sloppily done around the name. If you took the time to read the prospectus, you get a clear picture. People haven't really made any time to sort of properly analyze this. It'll be good when the big banks that did the IPO all come out with reports, which is in a month or so. You will have a bunch of research coming out on Lime, and from then on, it'll be very interesting to see the pricing of this going forward. Come future quarters, this Lime will be an important factor for how we put together our valuation of Voi. I think it's sort of fair to say that Subjectively, Voi will trade at a premium. If they were both listed, Voi will trade at a premium, not least because Lime has a lot of earnings. We estimate maybe half of their earnings comes from Paris and London, which are two cities where they've been essentially alone, and that's changing, and the big benefactor of that is, of course, Voi. We see a lot of growth in Voi now and going forward also from those two cities. There's a different growth profile, I think is the way to put it, but very interesting and a very positive event for this sector as a whole and also Voi. There's a bunch of other details that we should mention at Voi. Dennis? Yes. Thank you, Per. Yeah, sure. Thank you. As Per has already alluded to, Voi has had a very strong start to 2026. On an LTM basis, the company closed Q1 2026 with EUR 188 million of net revenue, which is up 36% year-over-year, an adjusted EBITDA of almost EUR 30 million, up 40% year-over-year, and positive adjusted EBIT of around EUR 1.4 million. Looking at Q1 alone, the company grew 38% year-over-year, and since, as Per already mentioned, Lime is now public and Dott/TIER, as you know, they have a public bond, and therefore, also public financials. We now have good visibility on the relative performance of these three players. We note that Voi was the company growing fastest among the three in Q1, growing revenues, as I said, 38% year-over-year, with Lime at slightly below 32% and TIER-Dott actually declining the revenues year-over-year in the first quarter of the year. For Voi, momentum has continued in Q2. The company has won a good number of tenders and licenses in everything from Marseille to Asker and Bærum to Frankfurt and Nantes, across Europe, really. They also won contracts in Copenhagen, where Voi is back with over 4,000 e-bikes. In Stockholm, where the market, from July 1st and onwards, moved from three operators that it has been for last couple of years to two. Lime was actually the company that was not allowed to continue, while Voi was essentially leaving a bigger and a better market for Voi. In terms of valuation, VNV values Voi on a forward-looking EBITDA model, as in previous quarters. In Q2, Voi is valued on a pre-discount multiple of around 11.1x EBITDA, which after VNV's discount, typically between 10%-30%, means an effective multiple below 10x EBITDA has been applied. As Per has elaborated and explained the rationale behind, Lime is not used as a peer in this quarter but will be used as a peer going forward. Last on this slide, the company, as you can see on the right-hand side of the slide, keeps accumulating rides at a very high pace. I think it is fair to assume, as you can see on the graph, that they will reach half a billion lifetime rides since inception shortly, which is a very big milestone just around the corner. If we jump to the next slide, Per, these financials we've already covered. I encourage you to keep an eye out for their second quarter report, which is due to be published on July 23rd. You can find it on Voi's IR website. We at VNV will also issue a release on the back of their report on July 23rd. If we move to the next slide to HousingAnywhere, the third largest holding. Housing is valued on the basis of a transaction that happened in Q1 where the company raised new primary capital. VNV participated with EUR 1 million in new funding and converted some convertible loan notes to equity. In terms of performance year-to-date, the company continues to grow revenues but has also invested quite a bit into various parts of the business. For instance, they have scaled their AI booking assistant across the platform. This now serves over 50% of the platform traffic. They're also working on a number of initiatives to improve conversion in their funnel, which we're also starting to see results from. We think that this will drive volume growth for HousingAnywhere in the quarters to come. With these kind of investments being done this year and with the fresh capital that they raised earlier this year, we believe that conditions are in place to push growth harder from here, and this will be a topic we will push with the company in the quarters to come. Going to the next slide, Numan. Numan, as we already alluded to, moved from a transaction to a model-based valuation in the second quarter. The model-based valuation is down 2% versus the transaction mark. As you know, Numan's biggest product is now weight loss via their GLP-1 offerings, and this market, particularly in the U.K., has been very volatile, both on the back of pricing, but also many other factors that have played to this. This has pushed Numan to adjust their approach in how they run the business in 2026. Heading into this H2, we see the retention is now at the highest levels since the start of the year or since February, essentially. We're seeing that half of new customers are now locking into commitment packages, making them more sticky, retention-wise. We're also seeing that Numan is about to launch an oral Wegovy drug, which currently has an 18,000-person waiting list, and hope to see progress from these initiatives. On product, Numan launched a 2.0 offering on June 30th, so very recently. This is essentially a single experience that lets Numan bring men's health, women's health, and diagnostics onto one platform. We're very excited about this launch, and we'll follow this closely during the rest of the year. That's it from me, and I'll hand it over to Björn to cover Breadfast and Bokadirekt. Thank you, Dennis. Yes. Breadfast, again, is our investment in Egyptian quick commerce and online grocery business called Breadfast. Company continues to do well, growing fast. GTV or GMV, if you call it, is close to $300 million on an annualized basis. The company is valued based on the latest transaction, which they announced back in February of 2026. The last tranche of a $50 million fundraise was announced back then. The company now has more close to 60 fulfillment points across Greater Cairo and Alexandria and serves approximately 500,000 monthly users. In addition to their core grocery business, they've also a number of initiatives, such as Breadfast Pay and Breadfast Food, that continues to see strong early traction. VNV owns 6.8% of Breadfast post its latest fundraise. If we go to the next slide, Per, which is the last of the large six holdings, Bokadirekt. Company continues to do well. Model-based valuation is up roughly 5% over the quarter based on higher peer multiples. The company continues to see stronger margins. They have had a few years where they focused on re-accelerating top-line growth, and now they're also doing that and improving the margins, which we think there is still a lot of room to grow from this level. Company's also been focused over the last two years in increasing the payment revenue, so both online and offline payments to flow through the Bokadirekt platform, and that is currently the highest driver of growth for the company. In H1 2026, the company did acquire a business called Zoezi, which is a leading Swedish business management system for gyms and fitness centers and personal trainers. That is both adding roughly 10% top line and additional margin. Overall, company's doing well. We continue to own just shy of 16% of this company. With that, I think we're done with the top six companies, and we will move in to Q&A. If you want to ask a question, use the Zoom function, and we'll walk through them over time. I think there's a number of questions regarding Voi and the Lime IPO. I think we already did say that the Lime multiple will be reflected from next quarter in the valuation exercise and not this quarter. That's the first one. Another question here from Ina at SEB. "How do you view Lime's IPO as it's impacting Voi's operation?" and following, "How would you describe the current exit landscape in the event that Voi was to pursue an IPO? Would you aim to remain a shareholder?" I don't think it really affects the operating landscape or how Voi goes about its business, the fact that Lime has IPO'd. It's a big positive that there's more transparency around Lime. That's a benefit in our direction, and those sort of benefits are flowing the other direction since Voi was the first company to go public in the form of a bond, a public bond, and then several industry players or several, is it one? I think Bird, in its new incarnation, tried but failed to go public through the bond. Transparency's good. Other than that, I don't think it changes much. The Lime IPO is, I think as we talked about earlier, has primarily been driven by a debt for equity restructuring. Debt holders will own 60% of the company post-money. That was the primary reason for doing this IPO now, which is maybe obvious since it's not perfect timing to do it when there's so much attention and capital going to these mega gorillas in the form of SpaceX and Anthropic. We think it'll find its feats well, and we look forward to research coming out in the name from the larger banks around capital markets, which will get a different kind of spotlight on this sector. What was the other question, Björn? "If Voi was to pursue an IPO, would we aim to remain a shareholder?" Yeah. We think there is a lot of upside from these levels at Voi. I would say that Fredrik Hjelm has I'm certain that he'll make money at the base end of his strike prices, which is something like three times where we hold it now. I'm confident that he'll also make money at the upper end of that, which is, what is it? Seven times where we hold it now. IPO-ing around these levels, we're not a seller. Since we trade at this discount, we're constructive and positive about Voi being listed, the equity being listed, and therefore are very sort of enthusiastic about our biggest peer and competitor going public, because it'll of course make it much easier to value Voi, when we have a listed stock. I think we would all agree that, is it the only reason that we trade at this discount? I don't know, but I think we will all find common ground and agree that the sort of difficulty in valuing these things is maybe probably a big reason for trading at these kind of discount, and especially in the combination with there's a lack of transactions. Having it listed would be good, but we're not sellers at these levels. Thank you. We have a question regarding sort of the discount. Given discount, what do you do to sort of think and address the situation, and sort of order any sort of exits in pipeline and potentially raising liquidity to continue with buybacks? Yeah. General question. We have a whole string of exits, none in these top six names. There will be some exits in the top six names, but maybe not 2026. Beyond that, there's actually a string of exits that, if you add them all up, they amount to sort of serious liquidity. We are hard at work in getting liquidity into the portfolio, into the company, and with that then opening up to do the best thing we can do with liquidity, which is to buy back stock, and yeah, nothing's done until it's done, but the exits we're working on are all around our NAV, and some even higher than the NAV. All good. Then, of course, we may be large shareholders in, if not the largest shareholders in a lot of these names, but we're not alone in deciding when transactions or listings happen. Of course, that's something where, because of our discount, we're very constructive and positive about should things list and we've talked about Lime and Voi at length now, that's a positive. Also we're establishing something that will generate cash. First sharing of costs, eventually also cash flow is something that we think is very beneficial in terms of addressing the discount. That once you see sort of the strategy we're now embarking upon to do off-balance sheet investments and generating some fee income around those, eventually is something that I think will also be beneficial. We haven't fallen asleep and are not sort of looking at this discount. It's very much top of the to-do list here at VNV. Thanks. One follow-up on that sort of intended off-balance sheet investing. How is the sort of thinking around VNV investing its own capital into that? Yeah. Primarily, this is not that. This is first and foremost establishing a regulated fund structure with the people who do that. With that in place, you can go and raise money from other investors who allocate money into those sort of pools of capital, or those kind of pools of capital to invest their money. The primary thinking there is not VNV money. Obviously VNV money will at large be used to sort of buy back stock when the opportunity is so evident there. In time, there may also be VNV money invested. If that happens in any larger or material quantities, it's in times when the stock also doesn't provide this sort of blatant opportunity, I think. On the margin, there may be bits and pieces, but otherwise, our liquidity is destined for the clearest opportunity, at least the bulk of it. All right, thank you. I think we've gone through the questions at this time. I thought I leave it over to you, Per, to finish off. Thank you for joining. Mid-September, 16th of September here in Stockholm, Capital Markets Day. We have pretty much all the big companies joining. We also have some smaller ones. A favorite in this beyond the big six is an Iraqi company called Janbali, which I will encourage you to listen in to. If you can join us in the room, welcome. If you can't, we'll broadcast it as usual. We'll talk more about also how we sort of envisage VNV developing, beyond these investments and generating sort of cash flows from those new strategies, etc. Super exciting. I'm excited. Have a good summer and see you all in September, if not before. Thanks. Thank you. Thank you.