This pre-vaccine period presented a perfect opportunity to fast-track our transition from the pursuit of market leadership to the pursuit of dominance and industry transformation. After 8 years of racing around the track and delivering record performances, we took advantage of COVID and did a major overhaul of our business in switching to the cloud. ' You can think of FY '21 first half as Altium's pit stop. ' Think there's a reason for this? You can't possibly not read your own forum and ask that. This performance for the first half reflects the combination of the effect of extreme COVID conditions and Altium's Netflix moment, which is a hard pivot to the cloud. After 8 consecutive years of double-digit revenue growth, Altium experienced a 4% decline in first half revenue. ' Thanks, Kim, and good morning, everyone. need the cat-o-nine tails and some leather. We will share details of how we have pivoted to the cloud, bifurcated our sales into digital sales and high-end professional sales and divested our TASKING business to concentrate our focus on accelerating the adoption of our cloud platform, Altium 365, for dominance and industry transformation. In case Altium deletes this post on their forum: We're screwed - Some tidbits - you don't even have to read very far: ' During this call, Aram and Martin will elaborate on Altium's performance for the half year fiscal 2021.

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