Thank you, Ms. McPherson and Mr. Khan.
Before we move on to the second round of questions, I want to remind you quickly that the speaking time has been carefully negotiated. The round of questions is five minutes or two and a half minutes. I would appreciate it if you could continue to stick to the time limits.
With that, we will go to our first intervenor in round two.
Mr. Genuis, the floor is yours for five minutes.