Lilium N.V. (NASDAQ:LILM) Q2 2022 Earnings Conference Call September 28, 2022 8:00 AM ET

Company Representatives

Klaus Roewe - Chief Executive Officer

Geoff Richardson - Chief Financial Officer

Sebastien Borel - Senior Vice President, Commercial

Conference Call Participants

Alexander Potter - Piper Sandler

Colin Rusch - Oppenheimer

Bill Peterson - JP Morgan

Adam Forsyth - Longspur

David Zazula - Barclays

Savanthi Syth - Raymond James

Geoff Richardson

Good afternoon and good morning, everyone. Welcome to Lilium's Q2 2022 Business Conference Call. My name is Geoff Richardson, Chief Financial Officer of Lilium.

Before we start, let me get through a couple of housekeeping items. This is a virtual conference call and for the moment all participants are in listen-only mode. We'll first give an update on progress since our last call in June. There will be time for questions after the formal presentation. We’ve scheduled the call for 45 minutes, including Q&A time.

Please note that this conference call is being recorded. A recording will be posted on Lilium's Investor Relations page soon after the event. As a reminder, after yesterday’s market close we posted our shareholder letter on our website. We invite you to look at it.

Before handing over to our Chief Executive Officer, Klaus Roewe, let me just give a reminder that our presentation will include forward-looking statements within the meaning of the United States Federal Securities laws that are subject to risks, uncertainties and other factors that could cause Lilium's actual results to differ materially from such statements. Please refer to the cautionary statement in our shareholder letter and the risk factors discussed in our filings with the U.S. Securities and Exchange Commission for more information on these risks.

With us on this call today are our Chief Executive Officer, Klaus Roewe; our Senior Vice President, Commercial, Sebastien Borel. Let me hand it over to Klaus for some words.

Klaus Roewe

Yes. Thank you, Geoff, and I’m really happy to join you today on this call. It is an important phase that has begun at Lilium with the industrialization phase of our jet starting. And I think I couldn't have joined Lilium at a better point in time than just now as a CEO.

So who am I? I'm coming as an executive with about 30 years of experience in aerospace. And you may know that most recently, I was working at Airbus and I was heading up the A320 Family program and I was also leading services at Airbus. In these roles, what did I do? What did I learn? What do I bring to Lilium? I led development certification, production ramp-up and also the operational deployment of, I have to say is the most successful large commercial Aircraft program in the history. Along the way I got to know firsthand by real practical experience, the importance of safety of customer focus, but also of unit economics.