BUILDING TRUST
Sika South Africa

Ad hoc announcement pursuant to Article 53 of the SIX Exchange Regulation Listing Rules

▪ Sales up by 7.9% in local currencies
▪ Record first-half-year sales at CHF 5,345.5 million (+1.8% in CHF)
▪ Expansion of material margin to 52.7% (first half of 2022: 49.4%)
▪ Increase in EBIT margin adjusted for acquisition-related costs to 14.0% (first half of 2022: 13.4%)
▪ EBIT adjusted for one-time M&A effects CHF 749.9 million (+6.9%)
▪ Strong foreign currency impact of -6.1%
▪ Completion of MBCC acquisition and consolidation as per May 2, 2023
▪ Front-loaded MBCC integration costs of CHF 89.5 million in first half year
▪ Acquisition of Thiessen Team USA
▪ Opening of new mortar and concrete admixture plant in Eastern India

Outlook for fiscal 2023:
▪ Sales increase in local currencies of above 15%, including MBCC
▪ Over-proportional increase in EBIT confirmed, excluding MBCC

▪ Sika acquires MBCC business generating CHF 2.1 billion net sales in 2022
▪ Annual synergies expected in the range of CHF 160 – 180 million by 2026
▪ Integration process well prepared and to start as of today
▪ The combined innovation power of Sika and MBCC will accelerate the sustainable transformation of the whole construction industry
▪ Sika set to reach sales in excess of CHF 12 billion in 2023

Sika makes a splash: Providing materials & expertise to assist in building a pool for a kids’ youth centre.