Operator
Hello, everyone. Thank you for joining us, and welcome to YPF First Quarter 2026 Earnings Presentation. [Operator Instructions] I will now hand the conference over to Margarita Chun, Investor Relations Manager. Margarita, please go ahead.
Margarita Chun
Investor Relations Officer
Good morning, ladies and gentlemen. This is Margarita Chun, YPF’s IR Manager.
Thank you for joining us today in our first quarter 2026 earnings call. Before we begin, please consider our cautionary statement on Slide 2. Our remarks today and answer to your questions may include forward-looking statements, which are subject to risks and uncertainties that could cause actual results to be materially different from the expectations contemplated by these remarks.
Our financial figures are stated in accordance with IFRS, but during the presentation, we might discuss some non-IFRS measures such as adjusted EBITDA. Today’s presentation will be conducted by our Chairman and CEO, Mr. Horacio Marin; our Finance Vice President, Mr. Pedro Kearney; and our Strategy, New Businesses and Controlling Vice President, Mr. Maximiliano Westen.
During the presentation, we will go through the main aspects and
