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Kris, Yotam, welcome. Kris, to you first.

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We know about market uncertainties,
but are they presenting perhaps different

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opportunities?

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I mean,
it is a very volatile market that we

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operate in at the moment.

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There's a lot going on.

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But at the core of it, in our business,
the needs that we meet and the consumers

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we work with, they are very active.

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That's a lot of demand.

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The demand signal is strong,
especially in emerging markets,

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which I'm really excited about.
We're seeing very strong growth,

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sustained growth.

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Lots of consumers are entering our
categories at this moment and engaging

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with our brands,
and that's fundamentally very positive.

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So despite the volatility,
I'm an optimist.

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One major uncertainty is AI.

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How are you approaching that?

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AI has been with us for some time in
different forms.

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Obviously,
the tools are becoming far more advanced

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very quickly,
and we are learning like everyone else,

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what can we do with this?

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We're deploying tools
throughout the company.

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Our people are actually very engaged,
very excited in this journey,

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because it's new stuff.

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It's amazing what you can do.

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The productivity gains are significant,
but frankly,

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the quality of the work gets a lot better too.

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And that's perhaps the most surprising
thing, is just how much better,

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more consistent we can be every day
around the world.

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And that's a really big deal for a large
enterprise like ours to raise the

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consistency and raise the level of
quality and work.

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And the good news is that our people are
highly engaged in that journey.

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So we're going to go fast and we're going
to stay humble.

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There's a lot to learn.

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Yotam, is that resonating with you,
that experience of AI across the industry?

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Yes, I think so.

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Beyond the impacts to the work side and
how work gets done,

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we're also increasingly seeing the
consumer experience be disrupted by AI.

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And so I think that's going to add
another layer to the disruption and the

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opportunities in industry and maybe
beyond AI.

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A couple other thoughts on what's going
on from a consumer standpoint.

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One, I would say the emphasis on value,
especially given some of the macro trends

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and developments in the world and the
need to really figure out how to execute

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with precision and bring the right value
construct to consumers.

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And then another one that I think is also
near and dear to you, Kris,

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would be around health and wellness.

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And we see that being quite robust and
increasingly across both services and

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products.

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And a broad definition of self-care is
another trend that's impacting quite

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centrally.

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Yotam, Kris,
thank you so much for your time.

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Thank you.

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Thank you.