...Hello, I would like to welcome everyone to the 2025 Annual Meeting of Stockholders of Nektar Therapeutics. My name is Mark Wilson, Chief Legal Officer and Secretary at Nektar. It is my pleasure to host the 2025 Annual Meeting. I will serve as Chairperson and Secretary of the meeting. I am joined today with Howard Robin, our President and CEO, and members of our Board of Directors and the Nektar Executive Team. Representatives of Ernst & Young, our independent auditors, are also with us. Given that our May 8 earnings call from two weeks ago provided investors with both a business update and a question and answer session concerning Nektar's business, we will not include an update or Q&A session in today's meeting. We will now turn to the formal business portion of the meeting. The 2025 Annual Meeting of the Stockholders of Nektar Therapeutics will now officially come to order. I have at this meeting a complete list of the stockholders of record of the company's common stock on April 7, 2025,...