Good morning. I would like the opportunity and the time of ability get results, meaning that they have and you're going to start here, our presentation and talking about what we're going to have in the second quarter in the part forward mall.

So we have an increase later for the second quarter for 2025. then have 94% of patients to 96.2%.

The financial occupation increase it for half 1 point here and just remind to you all that we have a decrease related in the first quarter in the fourth quarter here from 2026 because we have an area that have action for this area for the city of Sao Paulo already been said, it's going to be banked from July. Now we are running again in the 97% of the physical occupation of the mall.

Moving forward for the sales, we have an increase solution above the inflation of this period that you mentioned from 5.1% even with something the occupation a little more lower than we have in relation to the first quarter, we're going to have a good increase, and this reflects what the good work that we are doing related to improve the mix to give new stores for our malls that you have and a sales over that is even bigger that we have and the competition we have on this increase during this quarter. Last half was for the same-store sales but the new ports had a good onto increase almost the 2% for the sales and size that we are doing work for a few years that improve for the cost mix and even and activations that have beside them all, and these represent an increase for almost BRL 7 million on the quarter to grow our rent here, we have the same stores, even the same stores that we have a few reduction here in this quarter.

But looking for the previous 4 ones, we are always running above the inflation that we have -- in this quarter, we are a little more for inflation, but it's still about for the corporate buildings, we have a decrease this quarter, especially when you talk on when looks the Class 8 patients and these reductions are the level of occupation was related also for occupation that you have in Nova Sao Paulo. It's -- we have a lot of companies partially give the area back to us.

So in corporation that we have more the beauties that we have. But we are increasing the equation.

So for the previous year 2 year, we have an occupation and we are more than 60%, and we are continuing to work a lot on this billing and talk a little bit about board, the logistics warehouse. So we are talking that the last phase is going to be delivered.

And fortunately, we -- this warehouse is 100% rented all the phases that we delivered in exception for the second phase. All of them was 100% occupied, and now we have a price rental here for the last phase, very aligned with what we have in the market and you have a good perspective when you talk about the regions that is going to happen on the next years.

We have a few contracts that now in time to get a revision. So we have an increase or they have the value of the rental for this warehouse even on this year of 2026.

I'm now going to move to Hector for the financial performance to you all.

Good morning all. Well, according to the performance that we have for performance of the same property results here an incorporation that have the same portfolio that we have excluding the activities that have the change of the participation on the case of PD, they have an expansion, operational expansion, delivery for the last phases here.

The portfolio had an increase of 10.5% in relation toward the previous year. Now we have BRL 48 million here.

And on the malls here, pleading for the BRL 35.3 million against BRL 32.2 million in the previous year. We have 9.6 percentage increase.

In Office, we have 13% of increase at the result of BRL 1.9 million includes they have come from the recipe that you have here, the organic increase of this and remind that we have some busing corporation to have a like-for-like, but we take in consideration the realize from CLP. We're going to -- we had a 18% increase here in relate to the previous year.

Here moving to the financial tech EBITDA, we have 27.9%, we paid for the permit that I showed to you. And also, we have a license here I want to mention.

We have different states here. We have sales we have a decrease on the FFO adjustment in relation to the previous year.

we have from 25.6% now we have 22.1%. And here, the main offender here is not the financial results.

We have cash flow here that was free. And now in the second semester year.

We have 2 different terms here. So they have the investors here have BRL 350 million at the end of the year, more BRL 64 million.

So obviously, this cash flow here on the first semester is going to be lower that we have on the previous year. Even the Salina results have BRL 19 million here less than you have in the previous year.

Forward, we do have here. We closed the second semester with March a year about by BRL 505 million.

We have invested. So we have total of that BRL 48 million.

So very well aligned with the previous quarter and different that we have for the second quarter or the previous years that you have this cash flow more than BRL 550 million here in the company. So taking in consideration the adjusted EBITDA that we have for the previous 12 months for BRL 94.7 million.

We closed with that 3.18x related to EBITDA, an improvement related for the first quarter here, it would be what will explain for the increase of this EBITDA and move forward where we have and that is pro forma amortization schedule that we have here, we have what they have scheduled in our cash and the cash generation here, broadcast flow generation until the end of the year, we have more BRL 7 million for amortization for compare EBITDA and 2026 or BRL 26 million that corporate even have lows and finance indirect for have. And then in 2028, you're going to have the highest tower that you have for amortization.

Great part is going to be heated to NTA. We have very scared to financing of this data during this period, we can organically minimize that generate the cash flow for that we have in a way that we don't have this financing reconsideration for the 2020.

Talking about the indexors here, we have a little more than having a connected to the index to the PCA in 9.6% and CDI, we have 1.2 million here, so CDI. When we look for that for the CDA spot and IPCA for the previous 12 years, we have a debt below from CDI.

So of CDI, that's very, very good for us, and we have to maintain this step profile the an advantage here for something that is going to be positive.

And this way, I'm going to close this financial meeting here to take the final considerations related to the company. Well, not to close that, I would like to reinforce the second quarter we have to confirm that the fact that we adopted to increase the operation even for the malls and the commercial parts and titin and requalification stores.

And a few seconds later, we're going to move forward on the occupation that we have more challenges in here. And here on CD -- if I go to the cycle of important investment, we see that we are just collecting the results to sidecars.

So look for a good would have a good clean and good contraction. I would like to thank you very much once again to all the team for your presence.

And please have a nice day.