Despite a challenging business environment marked by the prolonged global economic downturn and geopolitical uncertainties, Coway has achieved record-high revenue and continues to deliver solid growth. This represents more than top-line expansion. It reflects the result of integrating economic performance with ESG value through innovative product development and R&D investment, embedding sustainable corporate competitiveness into our operations.

The rapidly evolving global ESG landscape, including climate change response, strengthened supply chain management, and mandatory sustainability disclosures, is presenting both new challenges and responsibilities for businesses. Corporate sustainability has moved beyond social responsibility to become a key indicator that determines a company's survival and differentiated competitiveness in future markets.

Coway is responding proactively to these changes. It continues to demonstrate its capability to execute ESG management. Coway is achieving Net Zero by 2050. To this end, it is expanding solar power facilities and accelerating its transition to renewable energy. It is also advancing its closed-loop system for waste plastic resource circulation. This effort broadens the application of recycled materials in mass-produced products, thereby minimizing environmental impact. Coway is building a sustainable supply chain ecosystem with its suppliers. It is also expanding community engagement across a wide range of activities. Coway is reinforcing a decision-making process centered on an independent Board of Directors. This approach establishes transparent governance. It also strengthens the expertise and execution of responsible management.

Coway will continue to drive a virtuous cycle of environmental and social value creation through transparent and responsible management. We sincerely ask for your interest and support in Coway's sustainability journey.

Thank you.