Bayer AG Investor and Media Conference Call Transcript
Ladies and gentlemen, thank you for standing by. Welcome to Bayer's Investor and Media Conference Call on May 27, 2021. (Operator Instructions) I would now like to turn the conference over to Mr. Oliver Maier, Head of Investor Relations of Bayer AG. Please go ahead, sir.
Thank you so much, Emma. Good morning, everybody, and thank you for joining us this morning. Earlier today, we announced 5-point plan to effectively address potential future litigation in light of the denial of the motion to preliminary approve around our plan settlement agreement by Judge Chhabria of the U.S. District Court of the Northern District of California last night.
It was very important for us to get in touch with you right away as probably you had a chance to see our reaction to it in our disclosure this morning. And on this call, we would like to first walk you through the details of our announcement and to provide important context for the actions and the risk mitigation they provide. And then we will open the line at the
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