Slide 1: Sika Achieves Global Growth of 1.6% in Local Currencies and Expands Its Profit Margin
SIKA ACHIEVES GLOBAL GROWTH OF 1.6% IN LOCAL CURRENCIES AND EXPANDS ITS PROFIT MARGIN SIKA HALF YEAR 2025 PRESENTATION JULY 2025
Slide 2: Highlights in the First Half Year 2025
HIGHLIGHTS IN THE FIRST HALF YEAR 2025
Slide 3: Resilient Growth in the First Half of 2025
RESILIENT GROWTH IN THE FIRST HALF OF 2025 ORGANIC GROWTH OF 0.6% – ACQUISITION EFFECT OF 1.0% 1. Sales and profit ▪ 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
Slide 4: Sika Achieves Global Growth of 1.6% in Local Currencies
SIKA ACHIEVES GLOBAL GROWTH OF 1.6% IN LOCAL CURRENCIES ORGANIC GROWTH OF 0.6% – ACQUISITION EFFECT OF 1.0% +3.5 % +1.9 % -1.7 % +1.6 % 1.98 2.53 1.16 5.68 AMERICAS EMEA Asia/Pacific GROUP HY1 2024 HY1 2025 (in CHF billion, growth in LC) 4
Slide 5: Targeted Investments in Future Growth: Four Bolt-on Acquisitions
TARGETED INVESTMENTS IN FUTURE GROWTH FOUR BOLT-ON ACQUISITIONS SO FAR IN 2025 Acquisitions in Singapore, United Kingdom, Investment and Joint Venture in Canada and North America, and Qatar Switzerland ▪ Sika and Sulzer: Joint venture to advance ▪ Elmich Pte Ltd: ▪ Cromar Building plastics recycling
Slide 6: Targeted Investments in Future Growth: Seven New Plants
TARGETED INVESTMENTS IN FUTURE GROWTH COMMISSIONING OF SEVEN NEW PLANTS SO FAR IN 2025 New plants in Singapore and China ▪ Singapore plant: Production of mortars ▪ Xi'an plant: Tile adhesives, cementitious waterproofing, and flooring solutions New plant in Morocco ▪ State-of-the-art ▪ Suzhou site ex
Slide 7: Sika Achieves Margin Expansion – High Currency Impact
SIKA ACHIEVES MARGIN EXPANSION – HIGH CURRENCY IMPACT PROFITABLITY INITIATIVES CONTINUE in CHF mn 2024 NS 2025 NS Growth Net sales 5,834.8 100% 5,676.4 100% -2.7% Gross result 3,217.6 55.1% 3,129.1 55.1% -2.8% Personnel expenses -1,097.8 -18.8% -1,099.5 -19.3% +0.2% Other OPEX -1,026.9 -17.6% -959.2
Slide 8: Sales Growth of 1.6% in First Half Year 2025
SALES GROWTH OF 1.6% IN FIRST HALF YEAR 2025 WEAKER US DOLLAR RESPONSIBLE FOR HIGH FX IMPACT OF -4.3% LOCAL CURRENCY FX +1.6% -4.3% 5,932.8 60.9 5,834.8 37.1 -256.4 5,676.4 HY 2024 Organic Acquisitions HY 2025 FX Impact HY 2025 in CHF mn Reported LC Reported 8
Slide 9: EBITDA Margin Increased to 18.9%
EBITDA MARGIN INCREASED TO 18.9% NEGATIVE LEVERAGE OFFSET BY INCREMENTAL SYNERGIES +0.2% 1,070.4 18.9% 1,092.9 18.7% +0.1% +0.4% -0.3% Incremental Synergies 0.4% HY 2024 Organic Material Non-Mat Cost Growth M&A Synergies HY 2025 in CHF mn Reported Margin Increase / Negative Leverage Reported 9
Slide 10: Consistent Strategy Execution
CONSISTENT STRATEGY EXECUTION
Slide 11: Competitive Landscape
COMPETITIVE LANDSCAPE SIKAS UNIQUE MARKET POSITIONING AND SELLING PROPOSITION Sika Market Share 12% Sika Target Markets Leading Market Share Exceptional Positioning Concrete Waterproofing Roofing Building Finishing 12% ~15% of total sales ~10% of total sales ~15% of total sales ~20% of total sales F
Slide 12: Sika Constantly Gaining Market Share Over the Years
SIKA CONSTANTLY GAINING MARKET SHARE OVER THE YEARS OUTGROWING ITS PEERS Sika vs Peers, Organic Growth pre-Covid 2015 – 2019 Sika vs Peers, Organic Growth 2021 – 2024 15.1% 12.7% 13.1% 13.2% Average Organic Growth Average Organic Growth difference per year 2.2% difference per year 2.2% 6.3% 6.8% 4.0
Slide 13: Strategy 2028
STRATEGY 2028 CONSISTENT STRATEGY EXECUTION 13
Slide 14: Balanced Business Mix
BALANCED BUSINESS MIX STRONG CROSS-SELLING INTO VERTICAL MARKETS RESIDENTIAL 20% INFRASTRUCTURE 30% COMMERCIAL 35% AUTOMOTIVE & INDUSTRY 15% 14
Slide 15: Sika's Exceptional Acquisition History
SIKA’S EXCEPTIONAL ACQUISITION HISTORY M&A FUNNEL FROM 2020 TO 2024 # of companies in M&A funnel 16 acquisitions completed of which 15 ~60 bolt-on acquisitions with CHF 50 million sales on average* * excluding large acquisition (MBCC) 15
Slide 16: Integration of MBCC – Raised Synergy Targets 2025 and 2026
INTEGRATION OF MBCC – RAISED SYNERGY TARGETS 2025 AND 2026 SYNERGY GENERATION WITH EXCEPTIONAL PROGRESS Synergy targets raised by CHF 20 million 200 to 160 220 to 180 125 41 2023 2024 2025 2026 (in CHF million) 16
Slide 17: Strong Business Execution: Infrastructure and Data Centers
STRONG BUSINESS EXECUTION GLOBAL SOLUTIONS FOR INFRASTRUCTURE AND DATA CENTERS Solutions for Critical Infrastructure Projects Solutions for Data Centers With a length of 2.5 km, the longest cable-stayed bridge in Gordie Howe International Bridge, USA and Canada North America 16 tunnels and 20 bridge
Slide 18: Strong Business Execution: Innovation Power
STRONG BUSINESS EXECUTION INNOVATION POWER Sika Fibers Self-healing Membrane Concrete Recycling for Reinforced Concrete for Modern Flat Roofs ▪ Higher durability and ▪ A total of 500 million m3 ▪ Membrane automatically seals longer lifecycle of concrete of fresh concrete discarded damages when expos
Slide 19: Strong Business Execution: Innovation Power
STRONG BUSINESS EXECUTION INNOVATION POWER Conductive Flooring Systems for Cement-free Tile Adhesives Protection of Sensitive Equipment ▪ Sika conductive flooring systems eliminate ▪ Quick and easy to apply, increased efficiency transfer of electrical charge to sensitive on job site and improved hea
Slide 20: Outlook
OUTLOOK ® BUILDING TRUST Bs
Slide 21: Confirmation of Strategic Medium-Term Targets 2028
OUTLOOK CONFIRMATION OF STRATEGIC MEDIUM-TERM TARGETS 2028 ▪ Amid uncertain market development, Sika will continue to grow above the market and is focusing on margin improvement EBITDA-margin ▪ Modest sales increase in local currencies expected for the full year 19.5-19.8% ▪ Over-proportional EBITDA
Slide 22: Thank You for Your Attention
THANK YOU FOR YOUR ATTENTION
Slide 23: Forward-Looking Statement
FORWARD-LOOKING STATEMENT This presentation contains certain forward-looking statements. These forward-looking statements may be identified by words such as ‘expects’, ‘believes’, ‘estimates’, ‘anticipates’, ‘projects’, ‘intends’, ‘should’, ‘seeks’, ‘future’ or similar expressions or by discussion o