Rafael Miotto, our President of Latin America, speaks on how our collaboration/partnership with TIM has grown significantly since we co-founded the Conectar AGRO Association. This initiative has played an important role in enhancing connectivity across over 14 million hectares, positively impacting over one million individuals across 13 states. Our leading role in this venture has opened doors to exciting projects like the Connected Farm initiative by Case IH, where TIM's involvement is crucial. The comparison between connected and conventional operations in the first year reveals impressive outcomes, with a productivity increase of over 16% and a notable reduction in fuel consumption. This directly contributes to lower carbon emissions, aligning with our environmental sustainability goals.

In the first half of the year, we introduced a program that has led to the setup of 37 new towers for clients who purchased our equipment. This expansion provides these customers with comprehensive access to a connected ecosystem. It enables them to fully utilize precision and autonomous farming technologies on their machinery while ensuring optimal customer experience through proactive maintenance and connected services.

Nowadays, we are focusing on broadening this collaboration with TIM in various areas, including integrating 5G technology in manufacturing and enhancing precision farming solutions. Our goal is to bring greater accuracy and efficiency to our customers' operations, solidifying our commitment to innovation and customer service.