Operator: Good afternoon, welcome to Aviat Networks’ First Quarter Fiscal 2025 Earnings Call. At this time, all participants are in a listen-only mode.

Each of these entities, whether it’s a device, application, cloud service, microservice or an API, represents a potential attack vector if not properly secured.

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The pension deficit of EUR 1.4 billion at the first quarter of 2024 is also a historic low as the group continues to sell down its remaining investment holding in Siemens Energy to its pension fund.

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