Good afternoon, everyone, and welcome to SABESP's video conference to discuss the results for the second quarter of 2021. My name is Mario Sampaio. I'm the Head of Capital Markets and Investor Relations. Let's start by informing all participants that this video conference is being recorded. The presentation followed by slides is being transmitted over the Internet through the website, www.sabesp.com.br and through the MZiQ platform. The presentation will be available for download on the same portal as well as the results release. We remind you that questions will be accepted to the speakers only through the videocast platform. But before proceeding, we would like to clarify that any statements that may be made during this conference relating to the company's business prospects, projections and operational and financial goals constitute the beliefs and assumptions of SABESP management as well as information currently available for the company. Future considerations are not guarantees of performance. They involve risks, uncertainties and assumptions as they refer to future events. And therefore, it depends on circumstances that may or may not occur. Investors should understand that general economic conditions, industry conditions and other operating factors may affect the future results of the company and may lead to results that differ materially from those expressed in such forward-looking statements. Now let's open the image. I would like to present the participants today starting with Mr. Benedito Braga, our Chief Executive Officer; Mr. Osvaldo Garcia, Chief Financial and Investor Relations Officer; Luiz Tiberio, Executive Assistant; Marcelo Miyagui, Head of Accounting; Agnaldo Pacheco, Controller; and Marcel Sanches, Head of Regulations. Now I would like to pass the floor to Mr. Braga. Mr. Braga, for your opening, please?

Thank you. Thank you, Mario. Good afternoon, good morning, good evening to everybody connected in this call. First of all, I would like to introduce you Osvaldo Garcia, the new superintendent of financial and economic matters and relation with investors of SABESP. We recently had him at our environment. He is an engineer with a degree in engineering and has been the Director President of Caixa Participações and National Secretary of Sanitation in the Ministry of National Integration in Brasilia and has a long experience in the sanitation area. We are very happy to have him with us as the superintendent of this very important directory of SABESP. I would like also to take this opportunity to bring to your attention that we have taken some measures to improve our regulatory framework and our relations with the regulatory agency. In the past, we had the regulation in 2 different areas in SABESP, the tariffs and costs in the directory of finances and economic affairs, and the regulation and the communication with the regulatory agency with contracts and also with fiscalization with the area in the presidency of SABESP. And now these 2 areas are joined in 1 single superintendence headed by Marcel Sanches, who's with us today. And this will give us a much, much better dealing with regulatory affairs in the company. By the way, this has been tried in the past since a very good time. And finally, we are able to have these 2 areas together under the supervision of Mr. Osvaldo Garcia. Now we also have created a superintendency to deal with the new business and expansion of our sanitation market. This is something very important for us due to the opportunities that we have under the new regulatory framework approved recently Law 14,026 of 2019.…

Okay. So thanks. Let's get started. Then -- and let's start by taking a moment to welcome once more Marcel Sanches, who, as you heard, was already the head of the regulatory superintendency for regulatory affairs and now joins the finance team to the new and expanded regulation area. With the changes, as you saw, Luiz Tiberio, who was the former head superintendent of cost and tariffs, will now be Osvaldo's executive assistant, a kind of chief of staff, increasing his attribution and supporting the CFO in all matters related to the area. As for the position of Head of Superintendent of New Businesses, Marcelo Batista Gomes is joining our team this week to lead these activities and will be introduced to everyone in the near future. Before moving on to the slides and providing details on the quarterly results, we would like to highlight the following points. In May, with the conclusion of the third ordinary tariff review, we applied an average increase of 7% in our tariffs, noting that the amount reflects specifically a 7.6% increase in the residential and nonresidential categories and a 1% reduction in the social and favela category and a 5.45% increase in wholesale. In the sense, the effects from this average 7% adjustment -- tariff adjustments will only be fully reflected in the coming next quarters, which will allow us at the time to have a better assessment of the impacts on our revenue. Note that the application of the tariff adjustment this year gave start to the implementation of new tariff structures with the definition of differentiated readjustments by category, where by the end of '24, we will have a more balanced distribution of tariffs by category, resulting in a more predictable recurring revenue than we have today. In the second quarter…

It seems that there are no questions.

It looks like, Mario, that you have done a very good job.

Good. So thank you. But I would then last ask Mr. Braga to then conclude because we don't have any other questions. I just get that information. So maybe we can conclude. And Mr. Braga, so I pass on the word for you for the last remarks.

Thank you. Thank you very much. It was very -- a great pleasure for us to have this call with you. As Mario rightly said, we are at your disposal to any questions, any more specific information that we may share with you. Mario will be the contact person for you to make any request regarding the results of the second quarter of 2021. We are very optimistic amidst this very crazy political and economic and pandemic and climatic situation because regardless of the outside world, the company is doing very well. It's moving forward. It's connecting more and more residences to our sewage collection and treatment system. I forgot to mention at the onset of this meeting but I will say now that the new Pinheiros River project is moving very, very well. We have -- this month came to 368,000 residences connected to our sewage collection and treatment system. This is something like a city of the size of Guarulhos in simply 1.5 years. So the company is doing very well, this universalization of sanitation in its network. So good news. I hope you have enjoyed the presentation from Mario and look very much forward to seeing you in 3 months' time. Thank you.