Thank you so much, Mr. Harsch.
We are now starting the second round of questions. I would ask everyone to please stick to their allotted time.
Therefore, the last two members, Mr. Dowdall and Ms. Valdez, won't be able to ask questions in this round, but maybe they will with the next panel.
Now I'd like to invite the first VP of the committee, Mr. Blake Richards, for five minutes.
Go ahead, please.