Thank you for standing by, and welcome to Eastman Kodak’s Fourth Quarter and Full Year 2021 Earnings Conference Call. At this time, all participants are in a listen-only mode. I would now like to hand the call over to Paul Dils.

Thank you, and good afternoon, everyone. I am Paul Dils, Eastman Kodak Company’s Chief Tax Officer and Director of Investor Relations. Welcome to Kodak’s fourth quarter and full year 2021 earnings call. At 4:15 p.m. this afternoon, Kodak filed its Form 10-K and issued its release on financial results for 2021. You may access the presentation and webcast for today’s call on our investor center at investor.kodak.com. During today’s call, we will be making certain forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. All forward-looking statements are based upon Kodak’s expectations and various assumptions. Future events or results may differ from those anticipated or expressed in the forward-looking statements. Important factors that could cause actual events or results to differ materially from these forward-looking statements include, among others, the risks, uncertainties and other factors described in more detail in Kodak’s filings with the U.S. Securities and Exchange Commission from time to time. There may be other factors that may cause Kodak’s actual results to differ materially from the forward-looking statements. All forward-looking statements attributable to Kodak or persons acting on its behalf only apply as of the date of this presentation and are expressly qualified in their entirety by the cautionary statements included or referenced in this presentation. Kodak undertakes no obligation to update or revise forward-looking statements to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events. In addition, the release just issued and the presentation provided contains certain measures that are deemed non-GAAP measures. Reconciliations to the most directly comparable GAAP measures have been provided with the release and within the presentation on our website in our investor center at investor.kodak.com. Speakers on today’s call are Jim Continenza, Kodak’s Executive Chairman and Chief Executive Officer; and David Bullwinkle, Chief Financial Officer of Kodak. We will not be holding a formal Q&A during today’s call. As always, the Investor Relations team is available for follow-up. I will now turn the call over to Jim.

Welcome, everyone, and thank you for joining the fourth quarter investor call for Kodak. Turning to slide 5. I am pleased with our strong full year performance, reflecting continued improvement, despite rapid inflationary pressures and resource constraints, including rising costs in raw materials, labor, electricity, natural gas, shipping and overall supply chain issues. In addition to the pressure surrounding workforce, we have been taking aggressive actions to mitigate the impact of these unprecedented cost increases, including surcharges and variable market pricing. We will continue to take actions to pass along these ongoing increases to our customers. We continue to operate as One Kodak, focusing on our customer first. We will continue to execute our long-term plan as we navigate the impacts created by the pandemic and the war in Ukraine. Performance highlights for the year includes revenue increase of $121 million or 12% compared to prior year-to-date period. When excluding the impact of foreign exchange, revenues increased $105 million or 10% compared to the prior year. I’d also like to point out we reduced our net debt by $294 million compared with March of 2019. We remain committed to our continued innovation in digital print. In October, Kodak announced another revolutionary new digital press, the KODAK ASCEND Digital Press. This new press earned the prestigious European Digital Press Association 2021 EDP Award in the Industrial Print & Finishing Solutions - Best Folding Carton Solution category. Kodak also continued to invest and grow in the workflow software, introducing PRINERGY On Demand access solutions. Turning to slide 6. We continue to grow our print business, including Kodak SONORA Process-Free Plates and Kodak PROSPER annuities for the year. And overall volumes increased in other business units. Our long-term strategy continues to focus on our core competencies in print, advanced materials and chemicals, provide…

Thanks, Jim, and good afternoon. Today, the Company filed its Form 10-K for the year ended December 31, 2021, with the Securities and Exchange Commission. As always, I recommend you read this filing in its entirety. I will share details on the full company results, operational EBITDA and cash flow for 2021. On slide 8, as we reported in our earnings release, for 2021, we reported revenues of $1.15 billion compared to $1.029 billion in the prior year or an improvement of $121 million. Adjusting for the favorable impact of foreign exchange of $16 million, revenue increased by $105 million compared to the prior year. On a U.S. GAAP basis, we reported net income for 2021 of $24 million compared to net loss of $541 million in 2020. The 2021 results include income of $7 million related to changes in fair value of embedded derivative liability features, $4 million related to noncash changes in employee benefit reserves, $7 million related to legal settlements and expense of $1 million related to a net loss on the sale of assets. The 2020 results include expense of $382 million related to changes in fair value for the embedded derivative liabilities, $4 million related to noncash changes in employee benefit reserves, $2 million related to the loss on extinguishment of debt, $3 million related to a trade name impairment, $3 million related to an increase in accounts receivable reserves, $10 million related to a net gain on the sale of assets and the $167 million noncash expense as a result of the increase in deferred tax valuation allowances outside the U.S. Excluding the impact of these current and prior year items, the 2021 adjusted net income was $7 million compared to adjusted net income of $10 million in the prior year. Operational EBITDA for…

Thank you, Dave. In summary, in 2021, we continued to navigate through an unusual challenging business environment, and delivered revenue growth in all segments for the first time in years. We also saw increase in customer satisfaction and market share in our key print businesses, achievements which reflect the success of our ongoing strategy. We continue to focus on our core businesses in commercial print, advanced materials and chemicals, invest in product innovations and put our customers first in everything we do. Thank you for attending the call and your continued interest in Eastman Kodak. End of Q&A: Ladies and gentlemen, this concludes today’s conference call. Thank you for participating. You may now disconnect.