Thank you very much, Ms. Fox.
I've just heard from the translators that there's a bit of popping coming from your microphone. I'm wondering if you could move your microphone either up or down, so that it's not directly in front of your mouth. Thank you very much. I'm sure that will be greatly appreciated.
For the first round of questioning, we will turn it over to Ms. Gladu for six minutes.
Colleagues, to help ensure that we are keeping on time, I have borrowed from my colleague Mr. Badawey: I have a yellow flag to wave if you have one minute left, and a red flag if your time is up.
Ms. Gladu, I turn the floor over to you.