Financial Data and Key Metrics Changes - In 2024, the company achieved a year-over-year increase of 5% in adjusted operating income and an 8% increase when accounting for the sale of the South Korea business in early 2024 [4][5] - Reported earnings per share grew to $9.71, while adjusted earnings per share increased to $10.65 [5] - Cash from operations exceeded $1.4 billion, with $426 million returned to stockholders through dividends and share repurchases [5] Business Line Data and Key Metrics Changes - The company reorganized into three segments: Texture and Healthful Solutions, Food and Industrial Ingredients LATAM, and Food and Industrial Ingredients USCanada, enhancing customer service and engagement [3][4] - Strong sales volume growth from Texture and Healthful Solutions offset reductions in pricing due to lower raw material costs [4] Market Data and Key Metrics Changes - The reorganization aimed to improve focus on growing market opportunities and customer service, which has shown initial benefits in 2024 [4][5] Company Strategy and Development Direction - The new structure is designed to align with strategic value drivers, enhancing transparency for stockholders and focusing on market growth opportunities [4][5] - The company aims to extend its gains further in 2025 following a record performance in 2024 [6] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the clarity of the company's strategy and the impact of its execution, looking forward to continued growth [6] Other Important Information - The annual meeting was held in a virtual format to facilitate stockholder access [2] - A quorum was established with 89.6% of voting power present [9] Q&A Session Summary Question: General inquiries from stockholders - Stockholders were invited to submit questions via the virtual meeting platform, with a general Q&A session planned at the end of the meeting [11][23]