Welcome to the Annual Meeting for Waldencast PLC. Our host for today's call is Cristiano Souza, director of the company. I will now turn the call over to your host, Mr. Souza. You may begin, sir. Thank you, Paul. Welcome, everybody. The time is now 5:00 P.M. I'd like to welcome you to the annual general meeting of Waldencast PLC, for those attending in person, as well as those shareholders who are listening electronically. Please note that, as set out in the notice of the meeting, shareholders listening electronically will only be able to listen to the proceedings and submit written questions, but shall not be able to vote at the meeting. I'm Cristiano Souza, director of the company, and I will be the chairman of the meeting. As we have a quorum of the holders of a majority of shares in the company present in person or by proxy, I now declare the meeting open. A few practicalities. I'm pleased to inform that the meeting today is being broadcast so that shareholders and stakeholders who are not present can listen into the proceedings via the link provided in the notice of this annual meeting. I would also like to introduce Tamara Octavio, a partner of Deloitte & Touche, the company's auditors. With your permission, ladies and gentlemen, I would like to proceed with dealing with all the questions from shareholders present in person or submitted in writing on any matters relevant to the business of the meeting at the outset before we move on to the voting of the resolutions themselves. I'd like to confirm if there are any questions submitted. No questions submitted. Okay. Thank you. All right. With that, we move on to the formal proceedings. Ladies and gentlemen, the notice, together with the explanatory notes, was posted to shareholders on the 19th of December, 2025. Accordingly, the requisite notice of the meeting has been given. I propose, therefore, with your consent, the notice should be taken as read. Is that agreed? Okay. Thank you. As indicated in the notice, we will now lay the company's accounts and auditor's report for the year ended in December 31st, 2024. In accordance with the Articles of Association of the company and the notice, voting today will be conducted by way of a poll on each of the resolutions put to the meeting. This is seen as the best practice as it gives all shareholders the opportunity to participate in the decision-making of the company and have their votes recorded in proportion to the number of shares that they hold. A representative of Broadridge has been appointed to act as a scrutineer. You have three options for each resolution, and please raise your hand if you're here. If you do not have a poll card, you can vote for the proposed resolution, against the proposed resolution, or you may abstain from voting on the resolution. Abstention is not a vote in law and will not be counted in the calculation of the proportion of the votes for or against the resolution. Complete the poll card by ticking the appropriate box next to the relevant resolution, depending on how you wish to cast your vote. Once all votes have been taken on the resolutions, please sign the poll card and pass it to the chairman. I will complete a voting card in relation to all shares in respect of which I have been appointed as proxy by the relevant holders. Let's move on to the resolutions. We'll now proceed to vote on each of the resolutions. The full text of each of the resolutions set out in the notice, a copy of which you have received. Resolutions one through four are proposed as ordinary resolutions and require a simple majority of the votes cast to be passed. Resolutions one through three concern the reappointment of Michel Brousset, Felipe Dutra, and Simon Eyers, Class III Directors, each of whom retires and being eligible, are offering themselves for reelection at the annual general meeting. The board recommends that each of the named directors be reelected as a director, and each resolution will be voted on separately. We'll now propose that resolutions one through three be voted on separately by way of a poll. On the basis of the preliminary results of the vote on each of the resolutions, as confirmed by the Broadridge report, I declare the resolutions one through three have been passed by a very large majority. Moving on. In connection to resolution four, the board recommends that Deloitte and Touche be reappointed as the company's auditor. I propose, therefore, that Deloitte and Touche be reappointed as the company's auditor from the conclusion of this annual general meeting until the conclusion of the next annual general meeting of the company and to authorize the company's audit committee to fix the remuneration of the auditor. I now propose that resolution four be voted on by way of a poll. Okay. On the basis of the preliminary results of the vote on the resolution, as confirmed by the Broadridge report, I declare that resolution four has been passed by a very large majority as well. The final voting results will be filed with the SEC in due course. That concludes the business of this meeting. I thank you all for your interest and attendance and declare the meeting closed. The meeting has now concluded. Thank you for joining, and have a pleasant day.