The ultra-luxury Capella at Galaxy Macau, the latest addition to GEG's hotel portfolio, officially opened in February 2026. In Q2 2026, Galaxy Macau's Adjusted EBITDA was $3.2 billion, down 4% year-on-year and down 4% quarter-on-quarter. In Q2 2026, Galaxy Macau experienced bad luck in its gaming operations which decreased its Adjusted EBITDA by approximately $10 million. In Q2 2026, Broadway Macau's Adjusted EBITDA was breakeven, versus $4 million in Q2 2025 and $7 million in Q1 2026. In this context, we will continue to leverage GICC and Galaxy Arena to bring mega shows, concerts and world-class sporting and entertainment events to Galaxy Macau.