Mobimo Holding Ag · SIX:MOBN
Mobimo — H1 2026 Earnings Presentation
53 slides from Mobimo's earnings presentation, Aug 7, 2026
Slide 1: Presentation of 2026 half-year results
Presentation of 2026 half-year results 7 August 2026
Slide 2: Today's agenda
Today’s agenda Das Geschäftsjahr Overview of the2024 first half of 2026 im Überblick Finanzzahlen Key financial figures for the first half of 2026 Geschäftsjahr 2024 Immobilienportfolio Real estate portfolio and pipeline und Pipeline Presentation images: Ilot d’Ouchy, Lausanne – an architectural jew
Slide 3: Encouraging result supported by our strategic pillars
Overview of the first half of 2026 Encouraging result supported by our strategic pillars Rental income Development High portfolio increased gains recorded quality CHF 74.2 million CHF 19.5 million CHF 97.2 million Net income from development Income from rental of Net income from revaluation projects
Slide 4: Key financial figures for the first half of 2026
Overview Overview of the of 2024 the first half of 2026 financial year Key Keyfinancial figures financial for for the first half of 2026 figures the 2024 financial year Real estate Real estate portfolio and pipeline portfolio and pipeline Outlook for the Outlook for the second half of 2026 2025 fina
Slide 5: Rental income up due to completions and acquisitions in previous year
Key financial figures for the first half of 2026 Rental income up due to completions and acquisitions in previous year Development of income from rental of properties CHF million 1.1 -0.6 -0.4 › Overall, income from rental of properties 1.5 74.2 increased by CHF 1.6 million (2.2%) year on 72.6 year,
Slide 6: Vacancy rate is set to fall in the second half of the year
Key financial figures for the first half of 2026 Vacancy rate is set to fall in the second half of the year Development of investment property vacancy rate % › Vacancy rate for investment properties slightly higher at 4.3% Residential Residential 1.1 (31 December 2025: 4.1%), but now 1.1 expected to
Slide 7: Value-adding development activities are reflected in the valuation result
Key financial figures for the first half of 2026 Value-adding development activities are reflected in the valuation result Distribution of net income from revaluation CHF million › CHF 97.2 million net income from 121.4 revaluation (previous year: CHF 71.6 million). › Net revaluation gain of CHF 51.
Slide 8: Sustained momentum in the transaction market is positive for valuations
Key financial figures for the first half of 2026 Sustained momentum in the transaction market is positive for valuations Breakdown of factors influencing the net income from revaluation of commercial and residential properties CHF million 66.5 › Adjustment of discount and capitalisation rates with t
Slide 9: Development and sales result remaining at a high level
Key financial figures for the first half of 2026 Development and sales result remaining at a high level Net income from development projects and sale of trading properties CHF million -21.0% › Pleasing sales successes and projects progressing according to plan across all 24.6 ongoing condominium pro
Slide 10: Cost development in line with expectations
Key financial figures for the first half of 2026 Cost development in line with expectations Personnel expenses Operating and administrative expenses › Slightly higher personnel expenses due to CHF million CHF million small increase in full-time equivalents to 171.1 FTE (previous year: 164.4). +4.8%
Slide 11: Increase in profit and income from the investment portfolio
Key financial figures for the first half of 2026 Increase in profit and income from the investment portfolio EBIT Earnings per share › EBIT of CHF 166.4 million, significantly CHF million excluding revaluation CHF excluding revaluation higher than in the previous year (CHF +15.1% +12.6% 144.5 millio
Slide 12: Financial basis remains very solid
Key financial figures for the first half of 2026 Financial basis remains very solid Equity Interest-bearing liabilities › Equity ratio remains strong at 47.7% CHF million CHF million +2.4% +0.3% (31 December 2025: 47.4%). › Return on equity excluding revaluation stood 2,106.7 2,157.0 at 4.6%1 (31 De
Slide 13: Balanced and predictable financing
Key financial figures for the first half of 2026 Balanced and predictable financing Maturity profile as at 30 June 20261 Ø effective interest rate of maturities 0.9% 0.6% 0.4% 1.8% 2.1% 1.7% 1.5% 2.0% 1.6% 1.6% 2.2% Total maturities (CHF million) Green Bonds 291 Bonds / Private Placements Mortgages
Slide 14: Real estate portfolio and pipeline
Overview Overview of the of 2024 the first half of 2026 financial year Key Keyfinancial figures financial for for the first half of 2026 figures the 2024 financial year Real estate Real estate portfolio and pipeline portfolio and pipeline Outlook for the Outlook 2025 foryear financial the second hal
Slide 15: High-quality investment portfolio provides a strong foundation
Real estate portfolio and pipeline High-quality investment portfolio provides a strong foundation Key figures Mobimo residential properties Macro location 4.1 111 Existing properties JLL quality assessment1 Micro location 4.2 Overall building condition 4.1 Zurich, Labitzke Lausanne, Rue Beau-Séjour
Slide 16: Investment properties under construction as foundation for growth
Real estate portfolio and pipeline Investment properties under construction as foundation for growth Aarau Aarau Oberengstringen Zurich Aeschbachweg 5/7−29 Industriestrasse 28 Zürcherstrasse 1A/1B/3/5 Thurgauerstrasse 23; (Hofhaus and Hallenhaus) (Nordbau) Siewerdtstrasse 25 Usage Residential Reside
Slide 17: Implementation of EMWE projects proceeding according to plan
Real estate portfolio and pipeline Implementation of EMWE projects proceeding according to plan Zurich Kloten Zurich Berninastrasse 56 Lindenstrasse 15; Tulpenstrasse 5 Bahnhofstrasse 13 Usage Residential Residential/commercial Residential New building / New building / New building / Project 36 apar
Slide 18: Sustainable value creation through developments for own portfolio
Real estate portfolio and pipeline Sustainable value creation through developments for own portfolio Under construction: Total project volume including land: CHF 380 million / market value: CHF 345 million Usage 2026 2027 2028 Lausanne, Avenue d'Ouchy 70/76; Place de la Navigation 2 res/com Aarau, A
Slide 19: Substantial growth in rental income ahead
Real estate portfolio and pipeline Substantial growth in rental income ahead Expected changes in rental income resulting from the most relevant projects for own portfolio Changes in rental income vs. previous year + - 2026 2027 2028 2029 2030 Lausen, Hauptrasse 56/58/58a–e Zurich, Hardturmstrasse 3/
Slide 20: Our condominium projects meet the needs of the market
Real estate portfolio and pipeline Our condominium projects meet the needs of the market Köniz Lausanne Merlischachen Arlesheim Niederwangen, Papillonallee Avenue de Beaumont 76 Chappelmatt-Strasse Bruggweg 60 (Burgmatt) Project › 2 buildings with › Timber construction with › 14 buildings with › 3 b
Slide 21: Steady profit contribution from condominium projects
Real estate portfolio and pipeline Steady profit contribution from condominium projects Under construction: Total project volume including land: CHF 165 million / carrying amount: CHF 12 million 2026 2027 Köniz, Niederwangen, Papillonallee Lausanne, Avenue de Beaumont 76 Merlischachen, Chappelmatt-S
Slide 22: Attractive projects for third parties in development
Real estate portfolio and pipeline Attractive projects for third parties in development Zurich Langenthal Gertrud-Kurz-Strasse Kühlhausstrasse 8 (Annexbau, Neutor Oerlikon (formerly RAD site)) (Geiser site) › Conversion of part of the RAD industrial site in › The former Geiser industrial site right
Slide 23: Outlook for the second half of 2026
Overview Overview of the of 2024 the first half of 2026 financial year Key Keyfinancial figures financial for for the first half of 2026 figures the 2024 financial year Real estate Real estate portfolio and pipeline portfolio and pipeline Outlook for the Outlook 2025 foryear financial the second hal
Slide 24: On track to meet or exceed the stated targets
Outlook for the second half of 2026 On track to meet or exceed the stated targets Income from rental Vacancy rate Net income from Dividend Sustainability of properties development projects and sale of trading properties Guidance February 2026 Attractive on a Progress for approx. 3% growth Total port
Slide 25: Your contacts
Your contacts Daniel Ducrey Jörg Brunner Stefan Feller CEO CFO Head of Financing & IR Web: https://www.mobimo.ch/en/investors Email: ir@mobimo.ch Tel: +41 44 397 11 97 Mobimo Management AG @mobimoimmo 7.8.2026 | Presentation of 2026 half-year results 25
Slide 26: Financial calendar
Financial calendar 12 February 2027 31 March 2027 Publication of 2026 27th General Meeting annual results Planned roadshows and investor conference participation in the second-half of 20261 Date Event / Location Organiser 17 August Roadshow, Zurich ZKB 19 August Virtual roadshow Van Lanschot Kempen
Slide 27: Disclaimer
Disclaimer The financial data as well as the other information presented herein constitute selected information. The information in this presentation does not constitute an offer or invitation and may not be construed as a recommendation by us to purchase, hold or sell shares of Mobimo Holding AG. T
Slide 28: Appendix
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Slide 29: Appendix contents
Appendix contents › Real estate market Switzerland pages 30 - 33 › Financial key figures pages 34 - 37 › Real estate portfolio and pipeline pages 38 - 47 › Sustainability update pages 48 - 50 › Mobimo on the capital market pages 51 - 52 7.8.2026 | Presentation of 2026 half-year results 29
Slide 30: Structural excess demand in the Swiss residential market
APPENDIX – Swiss real estate market Structural excess demand in the Swiss residential market Low and falling vacancy rates Immigration slowing on a high level Construction activity is only slowly picking up… Residential vacancy rates in %1 Annual net immigration2 Swiss construction index (residentia
Slide 31: High demand for apartments reflected in rising asking rents
APPENDIX – Real estate market Switzerland High demand for apartments reflected in rising asking rents Widening gap between in-place and asking rents Indexed; 2009 = 100 Development of asking rents 140 Development of asking rents 1.50% (homegate.ch index)1 › Guidance for renting newly built apartment
Slide 32: Swiss residential property market in a very stable condition
APPENDIX – Real estate market Switzerland Swiss residential property market in a very stable condition Home ownership rate amongst the lowest in Europe1 Residential property prices are on a stable long-term upward trend Transaction price index for mid-price segment2 Year 2000 = 100 280 Owner-occupie
Slide 33: Stable conditions in the Swiss office market
APPENDIX – Real estate market Switzerland Stable conditions in the Swiss office market Moderate office availability rate…1 …and low construction activity in the coming years2 2019 2025 Construction activity 2019-2024 Construction pipeline 2025-2027 9% +0.9% 3% 8% +15% -0.1% 6% +1.3% 2% +0.9% 5% +8%
Slide 34: Key income statement figures – 5-year overview
APPENDIX – Financial key figures Key income statement figures – 5-year overview CHF million HY 2022 HY 2023 HY 2024 HY 2025 HY 2026 Δ y-o-y % Net rental income 60.0 64.4 62.5 62.5 64.2 +2.7 Net income from development projects and 3.8 9.0 12.9 24.6 19.5 -21.0 sale of trading properties Net income fr
Slide 35: Share data
APPENDIX – Financial key figures Share data 31.12.2022 31.12.2023 31.12.2024 31.12.2025 30.6.2026 Δ% Shares outstanding (number) 7,252,377 7,251,459 7,250,973 7,443,433 7,444,382 +0.0 Share price on reporting date (CHF) 236.00 261.00 293.00 366.00 347.50 -5.1 Market capitalisation (CHF million) 1,71
Slide 36: Calculation of funds from operations (FFO) per share
APPENDIX – Financial key figures Calculation of funds from operations (FFO) per share TCHF HY 2025 HY 2026 › Since 31 December 2025, FFO takes into Operating result (EBIT) 144,548 166,406 account deferred taxes on changes in + Depreciation and amortisation 997 807 temporary differences related to th
Slide 37: Details of interest-bearing liabilities
APPENDIX – Financial key figures Details of interest-bearing liabilities Development of EPRA LTV (in %) Development of interest coverage ratio Development of net gearing (in %) HY 2026 43.6 HY 2026 5.0x HY 2026 89.3 min. 40-50%1 2.0x1 2025 44.1 2025 6.3x 2025 90.8 2024 42.2 2024 5.6x 2024 85.0 Finan
Slide 38: High income stability due to maturity structure of fixed rental agreements
APPENDIX – Real estate portfolio and pipeline High income stability due to maturity structure of fixed rental agreements Maturity profile of fixed-term rental agreements1,2 Shares of the five biggest tenants1 % % Q3 2026 - Q2 2027 15.6 1 2 3 Q3 2027 - Q2 2028 12.6 4.7 2.6 4 5 1.9 1.5 Q3 2028 - Q2 20
Slide 39: Well-balanced portfolio mix thanks to continuous growth
APPENDIX – Real estate portfolio and pipeline Well-balanced portfolio mix thanks to continuous growth Total value of the real estate portfolio Rental income for investment CHF million properties by type of use4 % 6 Total portfolio value 4,305 (100%) 10.7 5 5.8 4 Investment properties 1 1,843 (43%) 1
Slide 40: Office Tower affects vacancy rate in Zurich
APPENDIX – Real estate portfolio and pipeline Office Tower affects vacancy rate in Zurich Regional vacancy rate as at 30 June 2026 Market region Portfolio share1 Vacancy rate Change y-o-y Zurich 48.1% 5.5% Lake Geneva 32.4% 3.1% North-western Switzerland 9.3% 3.8% Central Switzerland 7.6% 0.1% Easte
Slide 41: Investment properties in central locations
APPENDIX – Real estate portfolio and pipeline Investment properties in central locations X Market value in CHF million1 Zurich North-western Switzerland › Number of properties: 32 › Number of properties: 11 › Target rental income: CHF 62.2 million › Target rental income: CHF 13.5 million › Vacancy r
Slide 42: Portfolio snapshot – most valuable residential properties
APPENDIX – Real estate portfolio and pipeline Portfolio snapshot – most valuable residential properties Highlights of residential portfolio1 212 171 116 99 › 46 residential investment properties. › Fair value of CHF 1,843 million. Zurich Zurich Urdorf Lausanne › CHF 57.3 million target rental income
Slide 43: Portfolio snapshot – most valuable commercial properties
APPENDIX – Real estate portfolio and pipeline Portfolio snapshot – most valuable commercial properties Highlights of commercial portfolio2 103 82 81 76 › 65 commercial investment properties. › Fair value of CHF 1,602 million. Zurich Affoltern am Albis Kriens Lausanne › CHF 85.0 million target rental
Slide 44: High-quality investment properties in all respects
APPENDIX – Real estate portfolio and pipeline High-quality investment properties in all respects JLL quality assessment of Mobimo residential portfolio Assessment criteria 1 5 Macro location Low High General quality of the location, transport links in the region, purchasing power of the population a
Slide 45: Extensive and well-diversified development portfolio
APPENDIX – Real estate portfolio and pipeline Extensive and well-diversified development portfolio X Planned investment volume in CHF million1 Zurich › Number of projects: 16 North-western Switzerland › Developments for own portfolio: 51.9% › Number of projects: 3 › Developments for third parties: 5
Slide 46: Details of the development pipeline for own portfolio
APPENDIX – Real estate portfolio and pipeline Details of the development pipeline for own portfolio Projects under construction Construction phase Target Remaining (incremental 1) Site Total rentable Project volume Fair value investment rental income 2026 2027 2028 Usage area in m 2 area in m 2 CHF
Slide 47: Details of pipeline of condominium projects
APPENDIX – Real estate portfolio and pipeline Details of pipeline of condominium projects Projects under construction Construction phase Expected Project Carrying Remaining sales 2026 2027 Number of Site volume amount investment proceeds units area in m 2 CHF million CHF million CHF million CHF mill
Slide 48: Sustainability embedded in our construction activities
APPENDIX – Sustainability update Sustainability embedded in our construction activities Grey emissions / Scope 3 / circular economy Aarau, Hof- und Hallenhaus Aarau, Nordbau › Implementation of Minergie ECO › Implementation of Minergie ECO guidelines on material ecology, guidelines on material ecolo
Slide 49: Sustainability anchored in the business activities at all levels
APPENDIX – Sustainability Sustainability anchored in the business activities at all levels Selected sustainability figures1 ESG ratings & awards CO₂ emissions Investment properties with 4,390 Tonnes CO2 emissions 53 certification Green Star (4 stars) -7.9% (Scope 1 - 3.13) +6% % of ECS Standing Inve
Slide 50: Further progress in reducing emissions
APPENDIX – Sustainability Further progress in reducing emissions CO2 reduction pathway of the investment portfolio by 20501 Most important measures kg CO2eq/m2 Extensive energy-efficient renovations Replacing conventional heating systems and increasing the share of renewable energy sources Expansion
Slide 51: Mobimo share with strong total return and decent trading liquidity
APPENDIX – Mobimo on the capital market Mobimo share with strong total return and decent trading liquidity 5-year share performance (indexed) compared with SPI and SXI1 › The dividend-adjusted share price has increased by 32.5% over a five-year period. Mobimo (CH0011108872); dividend-adjusted 160 SP
Slide 52: Broadly diversified shareholder base
APPENDIX – Mobimo on the capital market Broadly diversified shareholder base Composition of shareholders as at 30 June 2026 › Free float as at 30 June 2026: 100% % (as defined by SIX Swiss Exchange) › As at 30 June 2026, the following shareholders held 3% or more of the share capital: › UBS Fund Man
Slide 53: Mobimo Holding AG
Mobimo Holding AG Rütligasse 1 CH-6000 Lucerne info@mobimo.ch +41 41 249 49 80