Every day for me starts early, before the sun is out. My name is Victor Samaran Raley. I'm the Vehicle Assembly Supervisor here at Hanford. I was born in Tijuana and came to the United States when I was 14. I joined Faraday back in 2021. There weren't many jobs in the Valley back then. I started on the line as a team member, then technician, then team leader. Now I'm a supervisor overseeing the whole cycle. When I heard the Super One was coming into production, I thought about all the long days, everything we pushed through, it led us here. Everything has to be perfect. If my hands touch it, it means something. Someday, I want to show my grandkids the cars I helped build. And as Faraday continues to grow, so will Hanford. More opportunities, more chances, more hope for families around us. That is something I'll always be proud of. Hello. Welcome, everybody. I want to welcome you to our Stockholders' Day here in Las Vegas. I'm so glad you could all join us today to hear about some truly groundbreaking updates from Faraday Future. I'm John Schilling, Director of Communications and Government Affairs here at Faraday Future. Before we begin, please take a moment to note the forward-looking statement shown on the screen. For more information on factors that may influence our business and financial results, we invite you to visit the Investor Relations section on ff.com or review our filings with the SEC. The slides being shown today are also available on the Investor Relations section of our website. We have a number of exciting topics to announce today, including, for the first time in 2026, we will systematically and comprehensively share the information many of you care about most, including updates on the complete FX Super One roadmap, covering production, sales, delivery, service, and capacity ramp-up details. We'll announce the upgrade to the bridge strategy to the EAI Industry Bridge, an exclusive private preview of new product categories, and an update on the execution roadmap of the company's five-year business plan. We will also have time at the end of the presentations for you to ask questions and also have an opportunity to engage directly with company leadership. Today, I'm joined by a number of our FF and FX leadership teams, including Matthias Aydt, our Global Co-CEO of Faraday Future; Max Ma, our Global CEO of our FX brand; Jerry Wang, President of Faraday Future; Koti Meka, our CFO; and our founder and Global Co-CEO, YT Jia. Now, to kick off today's presentation, I want to draw your attention to the video from Matthias Aydt, as he could not join us in person today due to his travels in the Middle East. Here's his video. As John said, I'm sorry I could not join you in person today, as I'm currently traveling in the Middle East overseeing our ongoing operations here in this region. First and foremost, I want to thank all of you for taking the time today to hear from myself and other members of our leadership team. We've said it before, but I want to say it again today. This event and all of our forward-facing communications to our stockholders reflects Faraday Future's commitment to transparency, stockholder engagement, and long-term value creation as the company accelerates toward its mission of revolutionizing the intelligent electric vehicle space. I want to give you all a quick recap of major highlights on what the FF and the FX brands accomplished in 2025. As long as I'm in the Middle East, I'd like to share some updates from this region first. FF and RAK Digital Assets Oasis, also known as RAK Innovation City, recently entered into a strategic MOU to collaborate across three key areas: AI, Web3, and embodied intelligence. We also delivered the FX Super One to RAK Innovation City, the second FX Super One delivery in the UAE. The first FX Super One user in the UAE was global football legend Andrés Iniesta. FF currently operates a regional facility and operations center in Ras Al Khaimah, covering approximately 108,000 sq ft, including office space, production workshops, and an operational hub. Through a combination of technology enablement and localized manufacturing, FF continues to promote the development of a new energy vehicle ecosystem across the Middle East. Now, to the US market, we announced the establishment of our second brand, Faraday X, or FX as we call it, in late 2024. To support FX product development, we kicked off U.S. homologation and road testing for the FX Super One in early 2025 to keep us on track toward regulatory and production milestones. FF 91 deliveries continued throughout the year, expanding our regional footprint beyond California. Our most recent delivery happened with Hebron Sher, CEO of Seeville, on December 22, 2025, with a delivery ceremony to be held later this month. On July 17, 2025, we hosted the global initial launch of the FX Super One MPV in Los Angeles. We have received non-binding and non-refundable B2B pre-orders for more than 10,000 units of our FX Super One, which keeps increasing since the launch event. Also, in July, we hosted a successful reception at the Capitol Hill Club in Washington. The event included private meetings with over a dozen U.S. lawmakers focused on tariffs, technology, and American manufacturing. We were honored by the strong turnout and interest in FF's role in advancing domestic EV production. In addition, Donald Trump Jr. expressed support for our commitment to U.S. manufacturing and assembly, recognizing FF's role in advancing innovation, creating jobs, and supporting America's economic comeback. On August 16, at Pebble Beach, FF unveiled its EAI and crypto dual flywheel and dual bridge eco strategy. Only three months later, our majority-owned Nasdaq-listed company, Qualigen Therapeutics Inc., completed its name and ticker change to AIX Crypto Holdings Inc. and AIXC, respectively, representing an important step in advancing the FFAI and AIXC dual flywheel, dual bridge, and dual-listed company framework, and supports the ongoing development of EAI and crypto initiatives aimed at bridging Web2 and Web3, and that's how Faraday Future ended 2025, riding the wave of America's comeback. Thank you. Now, Max will talk about the key roadmap. Good afternoon. Good afternoon. I'm Max Ma. I'm the Global CEO of FX. So at FX, my core responsibility is very clear: to design, implement, and execute the FX3 strategy, and also to turn it into a scalable, repeatable industrial system that enables Faraday Future and Faraday X to produce the embodied AI vehicles in the U.S. and also to serve U.S. and other key markets with a faster, smarter, and, of course, fundamentally lower risk. Today, I will focus on how we're executing that strategy, starting with what matters most for 2026 to see the first key results of FX's EAI Bridge strategy. That is the FX Super One. Last month, we achieved a major milestone. Our first U.S. pre-production FX Super One rolled off the line at our FFAI factory in Hanford, California. This was not simply a vehicle milestone. It marked a strategic inflection point of FX and for the Bridge strategy. Because for the first time, we completed initial closure of the FX Bridge loop in the U.S. We covered the global supply chain integration, localized testing and homologation, customs and regulatory clearance, industrialization, and final assembly, and the U.S.-based operational deployment. While this means the Bridge strategy is no longer a concept, it is now a working industrial system. Besides the expertise of FF reflected in the FF 91 2.0, the cars you have seen, based on our 10-year development and manufacturing experience, this upgraded system proves further four critical capabilities of FX. The number one is a proven path to navigate tariffs, ICTS compliance, and regulatory requirements. The second is a closed-loop synergy between the engineering, supply chain, and high-volume manufacturing in the U.S. The third one is a repeatable mass production framework to further future FX vehicles. The last one is based on a scalable channel to unlock global automotive innovation into the world's highest-value market, which is the U.S. And this is exactly what FX is created to do. Again, simply put, FF created the basic FF as a company. We created and realized the end-to-end course from zero to one with deeply accumulated expertise for car making and AI for the premium market. The FX stands at the shoulder of the giant and further unlocks the resources from the industry and aims for mass volume and bring the best product to home market users. Now let's focus on the Super One. The FX Super One is not just a new MPV. It is the first mass-volume, first-class embodied AI MPV designed for the U.S. market. It is our first large-scale carrier of FX automotive EAI platform, where intelligence space, AI interaction, sensing, computing, and power, and of course, extended range capability all come together in a single mass-market platform. So Super One is the vehicle through which FX will validate our product system, our bridge system, our manufacturing system, and our EAI deployment system. Well, since the product is now very clear, let's talk about the US production and delivery roadmap. I think this is the most interesting point of this session. Our US delivery plan is structured into three delivery phases, driven by accelerated deployment, development, and integration activities, compliance discipline, and user value creation. Well, phase one will be Q2 this year, with the initial deliveries to the FX partner co-creation partners. This phase prioritizes deep user engagement, system validation, and experience refinement. After the phase two to be after that, the phase two aims to be the Q3 this year, so during this phase, we plan to have controlled and limited deliveries to industry leaders and B2B partners, alongside controlled production ramp-up, and finally, the phase three, which is planned to be the Q4 this year or Q1 next year, depends on the execution and transition status into a full-scale U.S. market delivery. The structure is designed not for speed alone, but also for quality, user feedback, reliability, and long-term scalability. To support this, our U.S. after-sales and charging ecosystem are targeted to be completed in Q2. Also, a very important side note, starting from 2026, FF and FX vehicles will have direct access to Tesla's supercharger network. While people might know why we have such a timing plan, I think it is important to point out the U.S. regulatory requirement and homologation is one of the highest standards and the most critical execution pillars of the Bridge strategy. Leveraging the experience built through the FF 91, FX Super One certification is progressing according to the plan. Component-level certifications are well underway in its respective stage, and the full vehicle EPA, CARB, and FMVSS homologation will formally launch in April. The overall Bridge strategy has been conceptualized for its maximum success, utilizing our key markets globally. The FX Super One is already being delivered in the Middle East, as we know. There, we are using the region as a co-creation and early deployment environment. Well, accelerating localized ramp-up, this dual market execution further validates the global flexibility of the FX Bridge strategy system and also provides great training for the U.S. market. While the FX Super One is our absolute strategic and operational focus, FX is not a single vehicle brand. Behind the Super One, we are already conducting preliminary planning and feasibility study for our next major platform, the FX4. The FX4 will extend FX into a new high-volume segment and become a second large-scale carrier of FX automotive EAI architecture. Well, more information will be provided later. And at this stage, actually, I'm very much looking forward to an exciting year of 2026. And then FX Super One is the starting point. It is where the Bridge strategy becomes real. It is where automotive EAI moves from vision to mass deployment. This is also where FX begins its volume journey. The U.S. market has waited a long time for truly intelligent, versatile, first-class MPV, and now it is here. All right, thank you, everyone. Now, let's welcome Jerry Wang on the stage. Thank you, Max. My name is Jerry Wang. I'm the president of Faraday Future and co-CEO of AIXC. Faraday Future has four major competitive advantages that make the business model unique and defensive. First of all, the unique Light 4, Suite 4, Focus 5, and Empowering 5 model of FF's global automotive industry Bridge strategy. We can adopt a very lightweight model, enabling us to quickly achieve product testing, validation, mass production, sales, and delivery with relatively limited investment. Second, the exceptional support from our S Tier 1 Bridge strategy suppliers has been instrumental to our progress. Leveraging partnerships with S Tier 1 OEM suppliers, while performing final assembly in our Hanford manufacturing facility, positions FX uniquely well to realize significant tariff effectiveness. The third competitive advantage is on the regulatory requirements for the software based on the ICTS regulations. Because FF created the software from the ground up in the United States for the FF 91, including application, middleware, and operating system, we could empower the mass-market FX vehicles with much of the core technology, software, and AI capability of the 300,000 FF 91. For instance, the FFAI 2.0 system will also be deployed for the potential FX lineup in the future. Lastly, FF is also building a network of access parts in the United States to showcase the vehicles in person and provide after-market services. As Matthias and Max have shared, FF is delivering vehicles to the UAE and successfully completed pre-production vehicle coming off the line in the United States less than a month ago, and we believe this presents an attractive risk-reward opportunity for investors. Faraday Future operates under two main brands, the FF and the FX. FF 91 2.0 Futurist Alliance is a niche, ultra-luxury flagship model benchmarked against brands such as Bentley and Rolls-Royce. It is currently in a limited delivery stage, exclusively serving the Spire community that includes celebrities, stars, and leading entrepreneurs. The FX is targeted for the mass market. We completed the launch of the FX Super One in the UAE, and the vehicle competes with Cadillac Escalade and is priced around $84,000 in the UAE market. There will be additional vehicles under this brand, including the FX4 and another vehicle in the works. FX Super One is designed as a mass-market volume model targeting a much broader audience. FF's five-year cumulative production and sales target is around 400,000-500,000 vehicles, primarily driven by FX Super One, FX4, and future vehicle models. Key target markets, including the United States, supported by strong interest and momentum in the Middle East. Other high-value markets and an additional model under the FX brand are also currently under consideration. Based on our business plan, the company expects to produce and sell 250 units in 2026, 4,900 units in 2027, 22,000 in 2028, 130,000 in 2029, and 250,000 by 2030, aligned with our model introductions and production volumes in our base case. We also aim to achieve positive EBITDA, which is earnings before interest tax depreciation and amortization or profitability within three years, with an estimated target contribution margin rates of more than 20%, aligned with our production volumes. Just to summarize and highlight key points in our five-year business plan, we have a co-creation equal online direct sales system and an R&D strategy with an AI focus underpinning the EAI ecosystem. Our business plan execution will focus on reassuring our supply chain in conjunction with efficiently managing our manufacturing capability. We will continue work to strengthen our government affairs efforts. Our confidence is underpinned by strong market demand and a proven platform that can scale with our OEM partnerships. In addition, we have made substantial progress across operational and regulatory milestones. This also includes advanced engagement and readiness with key suppliers, meaningful completion of homologation activities, and significant progress at our Hanford manufacturing facility, encompassing final assembly readiness, engineering validation, crash testing, battery safety certification, software compliance, and other regulatory requirements. We recognize that execution risk is inherent in any business plan. Accordingly, we have rigorously evaluated a range of scenarios across production pacing, cost management, and capital expenditure deployment. Over the next 12 months, our primary focus will be disciplined execution and timely delivery of vehicles to our consumers while maintaining flexibility. We believe this approach positions us to mitigate risk and advance steadily towards the objectives outlined in our five-year business outlook. We continue to uphold the stockholder's first principle by fully optimizing the capital structure and minimizing overall financing cost. We aim to attract institutional investors, and while maintaining necessary flexibility, remain firmly guided by core strategy and long-term growth. We believe we manage capital efficiency and need much less additional funding to reach break-even compared to our peers. We believe that the successful validation of our business model through scale production volumes will enable further improvements in operational efficiency, accessing diversified funding sources, and the development of additional strategic partnerships to support long-term growth. With that, I'd like to welcome our CFO, Koti, to discuss more about financials. Thank you. Hi, everyone. Let me start by walking you through this slide on market capitalization. So this shows the market cap of major auto manufacturers. And on the far left, you see Faraday Future with a market cap around $200 million. All the other automakers' market caps are in order of magnitude higher, which we believe presents significant upside opportunity as FF executes on this business plan. If you take a closer look at electric vehicle makers in the U.S., such as Lucid and Rivian and their market caps, they are nearly 20 times to 100 times higher. The markets have already embedded risks associated with FF, which we think represents a favorable risk-reward opportunity, especially as funding and liquidity improves based on the execution of our asset-light business model. Now, turning to the baseline scenario, the slide shows FFAI current metrics versus projected year three of the business plan. We expect market capitalization, revenue, EBITDA, or profitability and cash flow to improve significantly over the next three years. Finally, this compares FF year three business plan with Lucid's trailing 12-month EBITDA and cash flow for more of an apples-to-apples comparison. This represents a similar timeframe in the life cycle. FF's EBITDA is expected to turn positive earlier in the life cycle, and FF's projected cash flow from operations shown side by side with Lucid demonstrates that FF business model is vastly different and more efficient by utilizing a proven platform and leveraging economies of scale with our OEM partner. Now, let's welcome our Founder and Co-CEO, YT, for more highlights and our new strategy announcement. Thank you. Yeah. To all distinguished investors and all FF supporters joining us via livestream. Welcome. Today, we mark Faraday Future's first anniversary day here in Las Vegas. It is also the first time we are systematically and comprehensively sharing what our investors are most interested in: four milestones for FX Super One, along with our five-year business execution plan. More importantly, today, we will witness another truly exciting moment together: the unveiling of a new product category and our upgraded global EAI industry bridge strategy. This expansion will not only further solidify the foundation of the FF EAI ecosystem, but also significantly raise our long-term growth ceiling over the next decade, creating greater value for our stockholders. As Max and Jerry shared, FX Super One now has a global plan covering mass production, sales, delivery service, and capacity ramp-up. In the U.S. market, we aim to complete phase one delivery, primarily targeting FX Super One partners and capped at 50 units by the second quarter of the year. This will allow us to quickly gather real-world user feedback on Super One and together co-create greater value. In the third quarter, we plan to enter phase two delivery with limited deliveries to industry leaders and B2B partners and start a capacity ramp-up. Deliveries in this phase are planned to be capped at 200 units, and we are targeting positive contribution margin at this stage. From 2027 onwards, our targets for Super One will include both BEV and EREV models, driving our volume to about 4,900 units in 2027, 18,000 units in 2028, 38,000 units in 2029, and 55,000 units in 2030. Regulatory and compliance certifications for Super One are also progressing smoothly and on schedule. Key component certification has almost been completed, laying out a solid foundation for full vehicle certification. Next, we will complete vehicle-level EPA, CARB, and FMVSS-related homologation as planned, ensuring readiness for phase two delivery in the third quarter. In the fourth quarter of this year or the first quarter of next year, we aim to begin phase three full-scale delivery that is open to everyone, bringing first-class EAI MPVs onto streets across the United States while continuing to ensure positive contribution margins. At the same time, we plan to host the final launch of FX Super One in the second quarter. Alongside the full build-out of our U.S. after-sales and charging service network, we have already secured access to Tesla supercharger networks in the U.S., Canada, Japan, and South Korea, positioning us well for large-scale reservation-driven delivery. In the Middle East, deliveries are continuing as we move toward capacity ramp-ups, with priority given the high-value-added co-creation partners, including local government-related partners. In December of last year, with the support of a board of directors, we reached alignment on Faraday Future's five-year business plan. This is critically important for accelerating execution, enhancing transparency, and maximizing value for stockholders. According to the business plan, the company's overall five-year production and sales targets are between 400,000 to 500,000 cumulative units, mainly driven by Super One, FX4, and other planned models. Market coverage will continue to expand with the U.S. and the Middle East as core markets, while selectively entering additional high-value regions. If everything goes smoothly, we hope to follow the model we use in the Middle East to deliver even earlier. From a financial perspective, as sales revenue grows, our goal is to use about a period of three years through high-quality mass production and delivery of Super One and FX4 to achieve positive operating cash flow with gross margins of about 20%, forming a literal cycle between scale and profitability. After introducing our EAI vehicle strategy, we now come to another truly exciting moment. Now, I officially announce that after a long period of development behind the scenes, our global EAI industry bridge strategy is launching a new EAI product category, embodied AI robotics. Thank you. With this move, we aim to take the lead in opening a new trillion-dollar AI frontier starting in the United States. Our goal is clear: to become the first company in the U.S. to deliver humanoid robot products to the market and one of the leading U.S.-based AI robotics companies. The dual-track growth model driven by both EAI vehicles and EAI robotics could define a brand new growth curve for Faraday Future over the next years, so why are we choosing now to officially unveil this critical strategy to the world, and why can FF succeed in the robotics space? I will explain in detail in the dual-public company structure weekly report this week. Over the past two days, we hosted private preview and experience sessions for our first batch of FF's EAI robotic products. Invited guests had an early look at the initial results of this strategy, and all we are waiting for is the official launch. We also welcome all guests on site to connect with our team after the event to arrange a private preview and experience, but before we share more, someone wants to say hello to his new friend. Hi, I'm FF Robot. Hope to meet you later. Wow. Incredible. Isn't it? That's only a sneak peek of what's coming. And that brings me to the next big announcement. On February 4th, once again here in Las Vegas, we will hold the FFAI robotics product final launch at the National Automobile Dealers Association NADA Show. We will unveil our first embedded AI robot products, open public product experience, and begin sales at the same time. During the NADA Show, we will also host the first FXPAR Summit. This will give partners the opportunity not only to join the FX vehicle sales and co-creation network, but also to become early FXPAR partners of FFAI robotics. We welcome dealers from the automotive and technology industries to register for the event and join our FFPAR network as we work together to open the grand future for EAI EV and AI robotics. Sharing these meaningful milestones with our stockholders at the very beginning of 2026 makes this moment especially significant for the EAI flywheel FFAI. We hope 2026 is the year when years of accumulation turn into results. It's a year of delivery, a year of expected revenue growth and margin expansion, and a year when we intend to make a real push toward our profitability inflection point. We will fight relentlessly for delivery. We will honor our commitment with action, and we will earn back even greater trust and confidence. For the full New York outlook, please check out the weekly report this week. For our crypto flywheel in 2026, AIXC noted it will drive systematic execution around our three driving force businesses: RWA and EAI ecosystem development, best-traded AI agent and Web3 AI devices, and crypto assets AI management and ETF. The goal is to complete the transition to infrastructure build-out to profitable commercialization. This will help complete the mutual empowerment between our EAI plus crypto two flywheel, two bridge, and two public company structure. Participatorily, this could deeply empower and enable delivery and ramp-up of FF's EAI EV products and EAI robotics products. In 2026, the year of the horse, we will move forward like a powerful horse and stride to victory. In the days ahead, we will always uphold our principle: stockholder first, and we will move forward together with you, and together we will witness Faraday Future grow into a truly great company. Thank you all.