EXPERT CONSTRUCTION SOLUTIONS
BEYOND THE EXPECTED

Ad hoc announcement pursuant to Art. 53 LR

▪ Sales increase of 1.1% in local currencies in the first nine months despite a double-digit decline in China’s construction business; foreign currency impact of -4.9% primarily due to weaker US dollar
▪ Material margin increases to 55.0% (previous year: 54.7%) and EBITDA margin rises to 19.2% (previous year: 19.1%)
▪ Key investments reinforce the Group’s market position: five acquisitions and seven new factories
▪ MBCC integration completed, realization of increased synergies on track
▪ Sika is making structural adjustments in ongoing weak markets, such as China, with anticipated one-off costs of CHF 80 to 100 million, incurring in 2025. The measures include a workforce reduction of up to 1,500 employees
▪ These adjustments are part of an investment and efficiency program, “Fast Forward”, which builds on Sika’s leadership position, enhances customer value, improves operational excellence through digital acceleration and thus drives growth and profitability
▪ The program also includes investments of CHF 120 to 150 million and will drive overall annual savings of CHF 150 to 200 million
▪ Outlook for 2025: Sika confirms expectations of modest increase in local currency sales; EBITDA margin of approximately 19% after one-off costs
▪ Medium-term guidance: Sika confirms profitability and cash-flow expectations with 20%+ EBITDA margin targeted as of 2026; new growth guidance of 3-6% in local currencies reflects revised market growth assumption
▪ Details of investment and efficiency program to be presented at an investor and media conference on November 27, 2025

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

▪ Sales of CHF 5,676.4 million (previous year: CHF 5,834.8 million) in first half of the year
▪ 1.6% sales increase in local currencies, with 0.6% attributable to organic growth and 1.0% to acquisition effect
▪ Weaker US dollar predominantly responsible for high foreign currency impact of -4.3%
▪ Material margin at a consistently high level of 55.1% (previous year: 55.1%)
▪ EBITDA margin increased to 18.9% (previous year: 18.7%), supported by strong synergy momentum; raised MBCC synergy targets for 2025 and 2026 by CHF 20 million

Targeted investments in future growth:
▪ Strategic acquisition of Elmich (Singapore), Cromar (UK), HPS (USA), and
Gulf Additive (Qatar)
▪ Global production capacity expanded with new factories in Singapore, Xi’an and Suzhou (China), Quito (Ecuador), Ust-Kamenogorsk (Kazakhstan), Belo Horizonte (Brazil), and Agadir (Morocco)

Outlook for the 2025 business year:
▪ Amid uncertain market development, Sika will continue to grow above the market and is focusing on margin improvement
▪ Modest sales increase in local currencies expected for the full year
▪ Successful integration of MBCC – increased synergy targets for 2025 and 2026
▪ Over-proportional EBITDA increase and EBITDA margin of between 19.5% and 19.8%

▪ Strategic medium-term targets for sustainable, profitable growth confirmed for 2028