Ms. McPherson, thank you very much.
Colleagues, we have about 15 minutes left until 12:40, at which point we're scheduled to go briefly in camera to talk about drafting instructions.
With your concurrence, I would suggest that we have three-minute and one-and-a-half-minute rounds. That should complete a second round, but with pithy shorter questions. If that's amenable, then we will go ahead with Mr. Aboultaif for three minutes.
Mr. Aboultaif, please go ahead.