It has been a huge privilege to serve the Company as CEO for the last 12 years. I have had the honor of leading a team of talented, dedicated and passionate people in transforming SBM Offshore. Today, the Group has a well-established vision, purpose, and structure with a recognized leading market position and strong growth prospects in the industry. I am especially proud that SBM Offshore has a leadership team which makes an internal succession possible and am extremely pleased to hand over my responsibilities to Øivind Tangen and a talented team of SBMers. Øivind will successfully guide the Company to achieve its ambitious energy transition targets by focusing on the Company strengths."