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[Music] 2021 was a truly exceptional year it was a year of record growth and expansion one year after the start of the pandemic march 2021 saw the highest number of eutm applications ever received in one month almost 20 000. however 2021 was a very volatile and unpredictable year we experienced very high growth in the first half of the year but by the summer we already started to see signs of deceleration one of the contributing factors here was the slowdown of direct filings from china [Music] utm applications had been on the rise for several years with rapid growth in demand for eotms from nearly every country and region in the world and a historical annual growth of between 3.5 to 5 2021 surpassed all of this by december the office had received almost 200 000 utm filings that year during the first semester of 2021 the office received 24 more applications compared with the same period in 2020 this allowed us to docHub two important milestones in 2021 2 million eutm registrations and 1