BRAEMAR PLC (BMS) — Final Results

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WEBVTT NOTE Transcription provided by Deepgram Request Id: 01a04882-8694-78c1-960b-733a83ef781b Created: 2026-08-28T13:15:50.855Z Duration: 2258.896 Channels: 1 00:00:00.000 -- 00:00:00.880 Okay. Fine. 00:00:02.399 -- 00:00:04.720 Good morning, ladies and gentlemen, and welcome to 00:00:04.720 -- 00:00:07.920 the BRAEMAR PLC full year results investor presentation. 00:00:08.160 -- 00:00:10.719 Throughout this recorded presentation, investors will be in 00:00:10.719 -- 00:00:13.280 listen only mode. Questions are encouraged. They can 00:00:13.280 -- 00:00:14.719 be submitted at any time via the q 00:00:14.719 -- 00:00:16.425 and a tab that's just situated on the 00:00:16.425 -- 00:00:18.345 right hand corner of your screen. Please just 00:00:18.345 -- 00:00:20.744 simply type in your questions and press send. 00:00:21.145 -- 00:00:22.505 The company may not be in a position 00:00:22.505 -- 00:00:24.185 to answer every question it receives during the 00:00:24.185 -- 00:00:26.265 meeting itself. However, the company can review all 00:00:26.265 -- 00:00:28.744 questions submitted today, and we'll publish those responses 00:00:28.744 -- 00:00:30.250 where it's appropriate to do so on the 00:00:30.250 -- 00:00:31.850 investor meet company platform. 00:00:32.010 -- 00:00:33.370 And before we begin, I would just like 00:00:33.370 -- 00:00:34.970 to submit the following poll. And if you'd 00:00:34.970 -- 00:00:36.650 give that your kind attention, I'm sure the 00:00:36.650 -- 00:00:38.810 company would be most grateful. And I would 00:00:38.810 -- 00:00:40.010 now like to hand you over to the 00:00:40.010 -- 00:00:42.410 executive management team from BRAEMAR PLC. 00:00:42.490 -- 00:00:43.690 James, good morning, sir. 00:00:44.575 -- 00:00:47.455 Good morning, everybody. My n...