Slide 1: Sika – Committed to Sustainable Performance
SIKA – COMMITTED TO SUSTAINABLE PERFORMANCE MAY 2025
Slide 2: Table of Contents
TABLE OF CONTENTS 01 STRATEGY 2028: NON-FINANCIAL TARGETS AND FOCUS AREAS 02 CORPORATE GOVERNANCE 03 CORPORATE CULTURE 04 SUSTAINABLY SIKA 05 COMPENSATION SYSTEM 06 LINKS & ANNEX 2
Slide 3: Strategy 2028: Non-Financial Targets and Focus Areas
STRATEGY 2028: NON-FINANCIAL TARGETS AND FOCUS AREAS
Slide 4: Megatrends Driving Sustainable Growth
MEGATRENDS DRIVING SUSTAINABLE GROWTH FURTHER ACCELERATION POPULATION GROWTH URBANIZATION DEMOGRAPHIC RESOURCE SCARCITY CHANGE CLIMATE CHANGE & INCREASING TECHNOLOGICAL DIGITALIZATION SUSTAINABILITY REGULATIONS PROGRESS 4
Slide 5: Sika's Growth Strategy 2028 Targets
SIKA’S GROWTH STRATEGY 2028 TARGETS 5
Slide 6: Non-Financial Targets: GHG Emissions Scope 1, 2 and 3
NON-FINANCIAL TARGETS STRATEGY 2028 GHG EMISSIONS - SCOPE 1, 2, AND 3 Scope 1 and 2 Scope 3 -20% in line with net zero pledge absolute emission reduction Reduction of use of fossil fuels in Optimizing formulations: production processes and Cement reduction, bio-based raw transportation materials, re
Slide 7: Sika's Net Zero Pathway – Driving the Transformation
NON-FINANCIAL TARGETS STRATEGY 2028 SIKA’S NET ZERO PATHWAY – DRIVING THE TRANSFORMATION OUR KEY LEVERS Accelerated use of alternative low carbon supplies Education and Partnerships with capacity building to key suppliers who improve material support Sika's path efficiency and to net zero circularit
Slide 8: Natural Resources: Water, Waste and Circularity
NON-FINANCIAL TARGETS STRATEGY 2028 NATURAL RESOURCES - WATER, WASTE, AND CIRCULARITY Natural Resources: Waste disposed and water discharged -15% reduction Per ton sold Transition from a linear to a circular approach Focus on diverting non-recoverable waste to approaches in which resources are reuse
Slide 9: Employee Engagement – Reconfirm Our High Score
NON-FINANCIAL TARGETS STRATEGY 2028 EMPLOYEE ENGAGEMENT - RECONFIRM OUR HIGH SCORE >80% Employee engagement rate Engagement as key performance metric to measure resilience and sustainability. Highly engaged employees drive performance and business success Sika’s strong Corporate culture as most comp
Slide 10: Additional Non-Financial Focus Areas: People & Culture
ADDITIONAL NON-FINANCIAL FOCUS AREAS PEOPLE & CULTURE DIVERSITY HEALTH & SAFETY Improving gender balance by Zero fatalities reaching equal representation of women at all levels. Lost Time Accident < 2 per 1,000 FTE Ambition to steadily increase women ratio of total Reduce usage of hazardou
Slide 11: All New Products SPM Validated
ADDITIONAL NON-FINANCIAL FOCUS AREAS ALL NEW PRODUCTS SPM VALIDATED The SPM evaluates solutions based on All new product 12 sustainability and 6 performance categories developments to be It is used to classify products as sustainable solutions SPM validated with a with a sustainable impact posit
Slide 12: Corporate Governance
CORPORATE GOVERNANCE ® BUILDING TRUST By
Slide 13: Commitment to Openness and Transparency
CORPORATE GOVERNANCE COMMITMENT TO OPENNESS AND TRANSPARENCY Good Corporate Sika provides information on Governance safeguards the Good Openness structures, processes, areas company sustainable Corporate and of responsibility, procedures, development and Governance transparency rights and obliga
Slide 14: Compliant with Standards and Regulations
CORPORATE GOVERNANCE COMPLIANT WITH STANDARDS AND REGULATIONS Adheres to the SIX Swiss Exchange’s Directive on Information Relating to Corporate Governance Follows the principles of the Swiss Code of Best Practice for Corporate Governance of Economiesuisse1 Aligned with various international f
Slide 15: Corporate Governance Framework: Structures and Responsibilities
CORPORATE GOVERNANCE FRAMEWORK STRUCTURES AND RESPONSIBILITIES ARTICLES OF ASSOCIATION CODE OF CONDUCT VALUES & PRINCIPLES ORGANIZATIONAL RULES ANNUAL GENERAL MEETING BOARD OF DIRECTORS CEO ASIA/PACIFIC EMEA AMERICAS CONSTRUCTION FINANCE HR, LEGAL & COMPLIANCE INNOVATION & SUSTAINABILITY PROCUREMENT
Slide 16: Code of Conduct: Integrity and Ethical Conduct
CODE OF CONDUCT (COC) SIKA CULTURE: INTEGRITY AND ETHICAL CONDUCT Based on Sika’s Values and Principles, available in 49 languages, read and signed by newly hired employees The Sika CoC underscores its strong commitment to sustainable development, incl. human rights and environmental protection
Slide 17: Supplier Code of Conduct: Responsible Sourcing
SUPPLIER CODE OF CONDUCT (SCOC) RESPONSIBLE SOURCING Commitment to high ethical standards and sustainability Requirements include compliance with the following standards: Universal Declaration of Human Rights The core conventions of the ILO on labor standards All applicable local, national
Slide 18: Engagement in Together for Sustainability
RESPONSIBLE SOURCING ENGAGEMENT IN “TOGETHER FOR SUSTAINABILITY” Initiative based on the UN Global Compact and Responsible Care® principles Sika is a member since 2020 Active collaboration to assess the sustainability performance and positively impact its progress within the supply chain of th
Slide 19: Board Composition and Succession Planning
BOARD RESPONSIBILITIES BOARD COMPOSITION AND SUCCESSION PLANNING The Nomination and Compensation Committee (NCC) holds the responsibility for the succession planning. The duties of NCC includes: Identification and assessment of potential BoD candidates based on predefined criteria Yearly assessm
Slide 20: Board Composition and Succession Planning: Skills and Tenure
BOARD RESPONSIBILITIES BOARD COMPOSITION AND SUCCESSION PLANNING The composition of the BoD should represent the necessary skills, qualifications, and diversity to be able to perform the required duties. Information on key skills and experience is available on the website in the detailed view of e
Slide 21: Risk Management
BOARD RESPONSIBILITIES RISK MANAGEMENT All risks are assessed in terms of a few basic questions: Is the risk global or regional in scope? How high is the probability of losses occurring? What implications does the risk have for the What measures need to be implemented to group? prevent the risk an
Slide 22: Risk Management Along the Entire Value Chain
RISK MANAGEMENT RISK MANAGEMENT ALONG THE ENTIRE VALUE CHAIN Sika’s risk management process is reviewed and updated on a regular basis, allowing the company to better identify potential risks and secure well-structured mitigation practices. Sika continues to use this risk management process string
Slide 23: Risk Management Focus: Climate Change
RISK MANAGEMENT FOCUS: CLIMATE CHANGE Evaluating climate-related risks and opportunities related to its business and developing appropriate response measures, as required by the TCFD recommendations, are of vital importance to ensure long-term sustainable performance and the business continuity of
Slide 24: Capital Allocation for Sustainable Growth
BOARD RESPONSIBILITIES CAPITAL ALLOCATION FOR SUSTAINABLE GROWTH The strategic planning of capital allocation aims to ensure Sika’s sustainable growth. It is a well-balanced approach which considers the interests of all stakeholders and all drivers for growth and profitability Shareholder return:
Slide 25: Reliable and Continuous Dividend Payout
CAPITAL ALLOCATION RELIABLE AND CONTINUOUS DIVIDEND PAYOUT Sustainable growth strategy: steady growth in sales (in local currencies) and profit. Shareholders benefit from annual increases in dividend. Consistent dividend payout is a sign of the company's reliability. Sika has increased its divid
Slide 26: Corporate Culture
CORPORATE CULTURE ® BUILDING TRUST By
Slide 27: Sika's Values and Principles
STRONG CORPORATE CULTURE SIKA’S VALUES AND PRINCIPLES Sika’s Values and Principles are the foundation for the Code of Conduct They are put into action through strong leadership and by all employees every day, worldwide 27
Slide 28: Values and Principles: Customer First
VALUES AND PRINCIPLES CUSTOMER FIRST Listen to customers, understand their needs and provide them with solutions that give them a real advantage – keep customers’ success in mind Provide and maintain highest quality standards Build long-lasting and mutually beneficial relationships Provide p
Slide 29: Values and Principles: Courage for Innovation
VALUES AND PRINCIPLES COURAGE FOR INNOVATION Sustainability is an integral part of the innovation process and development of new products Innovation management with focus on the Sika Product Creation Process Close alignment with customer and market needs Actively challenge and accept being c
Slide 30: Values and Principles: Sustainability & Integrity
VALUES AND PRINCIPLES SUSTAINABILITY & INTEGRITY Comply with Sika’s Code of Conduct Align daily business with Sika strategy and related targets Act with respect and responsibility towards all stakeholders Operate with strong focus on safety, quality, environment, fair treatment, social invol
Slide 31: Values and Principles: Empowerment & Respect
VALUES AND PRINCIPLES EMPOWERMENT & RESPECT Decentralized, flat organization, decision power delegated very close to customers Believe in the competence and entrepreneurial spirit of employees Train and develop local people. Mainly local nationals running country organizations Foster trustin
Slide 32: Values and Principles: Manage for Results
VALUES AND PRINCIPLES MANAGE FOR RESULTS Harriet Aim for success, outstanding results, and outperformance Clear and well-anchored mid-term strategic targets, pursue vision with long- term view Functions and projects are clearly assigned, clear accountability Transparent performance managemen
Slide 33: High Employee Loyalty and Engagement
STRONG CORPORATE CULTURE HIGH EMPLOYEE LOYALTY AND ENGAGEMENT Sika Senior Management roles are normally filled in-house or with managers joining from acquisitions The long-term employee prospects and the corporate culture are among the reasons behind Sika’s low employee turnover Sika is proud
Slide 34: Global but Local: Decentralized Strategy Implementation
GLOBAL BUT LOCAL THE SIKA STRATEGY AND ITS DECENTRALIZED IMPLEMENTATION 8 102 >800 34
Slide 35: Employee Survey 2024 Confirmed Loyalty and Engagement
STRONG CORPORATE CULTURE EMPLOYEE SURVEY 2024 CONFIRMED LOYALTY AND ENGAGEMENT Employee Engagement anchored in Strategy 2028 2nd Group-wide employee survey, administered externally to ensure full anonymity and confidentiality 1st Group-wide employee survey conducted in 2019 with a response rat
Slide 36: Employee Survey 2024 Core Topics
STRONG CORPORATE CULTURE EMPLOYEE SURVEY 2024 CORE TOPICS The survey was available in 33 languages Core topics for employee engagement Employees were asked to provide feedback Clusters Topics on a set of 80 questions, including two Work Job, work processes, safety, working time and work- open-te
Slide 37: Health and Safety: Safety First – Protecting Our People
HEALTH AND SAFETY SAFETY FIRST – PROTECTING OUR PEOPLE OCCUPATIONAL 9.6 SAFETY Safety is a value embedded in every action, decision, and interaction Sika Target 2024 Sika Vision zero program to (LTA per 1,000 FTEs) improve leadership, commitment and employee 3.4 participation 2nd Sika Global S
Slide 38: Sika Day
STRONG CORPORATE CULTURE SIKA DAY Sika Day 2021 Sika Day 2023 Sika Day 2022 Together, we are Caring for We promote a committed to each other safety culture. leadership, beyond the Never compromising diversity, and expected. on safety to protect integrity. our people. Sika Day 2024 Sika Day 2025 One
Slide 39: Diversity on All Levels
EMPLOYEE ENGAGEMENT DIVERSITY ON ALL LEVELS Commitment of 24.8% 68 Sika leaders female employees nationalities among Senior Managers Build an inclusive and attractive environment Non-discriminatory practices in Balanced age employment Equal opportunities in the recruitment structure 25.0% proc
Slide 40: Gender Diversity: Distribution of Women in Sika
GENDER DIVERSITY DISTRIBUTION OF WOMEN IN SIKA Representation of women in total work force: 24.8% Focus on initiatives to promote women in sales and operations as this is a common route to Senior Management Focus on increased share of female talents in Sika’s internal talent pool as well as for
Slide 41: Gender Diversity: Attract, Engage, and Promote
GENDER DIVERSITY ATTRACT, ENGAGE, AND PROMOTE – EXAMPLES OF INITIATIVES Overall responsibility and high priority for BoD and Group Management. Global Diversity Steering Committee sets up action plans, monitors and reports on progress to BoD and Group Management. Clearly defined KPIs on the three pil
Slide 42: Sustainably Sika
SUSTAINABLY SIKA ® BUILDING TRUST By
Slide 43: Business Model and Organization
BUSINESS MODEL AND ORGANIZATION
Slide 44: Business Model: Sustainable Value for All Stakeholders
BUSINESS MODEL SUSTAINABLE VALUE FOR ALL STAKEHOLDERS Sika is well-positioned in both emerging and mature markets thanks to its global network of subsidiaries in 102 countries, along with its first-class solutions that are tailored to customer needs. The company creates sustainable value for its
Slide 45: Organization: Leadership and Responsibilities
ORGANIZATION LEADERSHIP AND RESPONSIBILITIES Over the past years, Board of Directors Sika has strengthened its sustainability Sustainability Committee organization, defining Head of Global Procurement new roles and Group Management responsibilities at Head of Global corporate and regional Operatio
Slide 46: Materiality Analysis 2022
ORGANIZATION MATERIALITY ANALYSIS 2022 The materiality matrix 2022 was approved by the Board of Directors. Source: Sika Materiality Analysis 2022 46
Slide 47: Partnerships
PARTNERSHIPS ® BUILDING TRUST ris
Slide 48: Partnerships Overview
PARTNERSHIPS OVERVIEW REPORTING STANDARDS AND FRAMEWORKS INITIATIVES INDICES MEMBERSHIP OF ASSOCIATIONS RATINGS COLLABORATION Source: Partnerships and Collaboration 48
Slide 49: Alignment with the UN SDGs
PARTNERSHIPS ALIGNMENT WITH THE UN SDGS Source: UN SDGs 49
Slide 50: Together for Sustainability (TfS)
PARTNERSHIPS TOGETHER FOR SUSTAINABILITY (TFS) WS 1: Governance & Partnerships WS 2: TfS Assessments WS 3: TfS Audits Coordination of TfS external Improve & develop Assessments; Improve & further develop TfS Audit; partnerships Manage exchange with EcoVadis Manage exchange with Audit firms WS 4:TfS
Slide 51: TfS – Supporting Sika's SCDD Approach
PARTNERSHIPS TFS – SUPPORTING SIKA’S SCDD APPROACH Sika Supply Chain Due Diligence (SCDD) process is based on four key pillars: risk identification, risk assessment, supply chain improvement, and reporting. The TfS framework with its standardized tools – TfS Assessments and TfS Audits – enables
Slide 52: TfS – GHG Emissions Accounting
PARTNERSHIPS TFS – GHG EMISSIONS ACCOUNTING The scope 3 Greenhouse Gas Emissions (GHG) activities are centered around four key areas: 1. TfS Product Carbon Footprint (PCF) Guideline: open-source PCF Guideline and data model for chemical industry in line with product accounting standards. Improving
Slide 53: WBCSD
PARTNERSHIPS WBCSD Since 2010, Sika has been a member of the World Business Council for Sustainable Development (WBCSD). In 2022, Sika has started working with other leading companies across all industries in the SOS 1.5 project on the Avoided Emissions, where a first Guideline has been publishe
Slide 54: TNFD
PARTNERSHIPS TNFD Since September 2022, Sika is supporting the Taskforce on Nature-related Financial Disclosures (TNFD) and joined the TNFD Forum. The latter is a global multi-disciplinary consultative group of institutions with over 1,600 members. The TNFD framework adopts a four-pillar approac
Slide 55: Decarbonization
DECARBONIZATION ® BUILDING TRUST ris
Slide 56: Committed to Reach Net Zero No Later Than 2050
SIKA WAY TO NET ZERO COMMITTED TO REACH NET ZERO NO LATER THAN 2050 Sika aims to be a driver of the transformation of the construction and manufacturing industry towards net zero and is committed to the net zero target by 2050 based on Science Based Target initiative(SBTi) In May 2024, the SBTi
Slide 57: Sika's Net Zero Roadmap: Driving the Transformation
SIKA’S NET ZERO ROADMAP DRIVING THE TRANSFORMATION OUR KEY LEVERS Accelerated use of alternative low carbon supplies Education and Partnerships with capacity building to key suppliers who improve material support Sika's path efficiency and to net zero circularity Development of new Continued focus i
Slide 58: Validated SBTi Targets and Identified Levers
SIKA’S NET ZERO ROADMAP SIKA’S VALIDATED SBTI TARGETS AND IDENTIFIED LEVERS SBTi VALIDATED REDUCTION TARGETS SIKA’S IDENTIFIED LEVERS Green energy Reduce fossil fuels Optimize SCOPE 1&2 sourcing energy Production processes efficiency Reduce energy losses electrification Increase durability Alternati
Slide 59: Operational Efficiency for Scope 1 and 2 Reduction
OPERATIONAL EFFICIENCY FOR SCOPE 1 AND 2 REDUCTION INDICATIVE ROADMAP FOR LARGE FACTORIES (CLUSTERS) KEY ACTIONS: Scope 1 and 2 baselines Reduce energy losses Scope 1 and 2 initiatives Monitor cooling/heating Recover waste heat from processes Reduce fossil fuels Install PV panels 59
Slide 60: Impact in the Heart of Sarnen, Switzerland
OPERATIONAL EFFICIENCY FOR SCOPE 1 AND 2 REDUCTION HAVING AN IMPACT IN THE HEART OF SARNEN, SWITZERLAND Detailed analysis of energy flow to evaluate energy saving potentials Installing heat pumps to reuse waste heat from production for building heating and optimize cooling 30 fully digitalized
Slide 61: Sika Solutions Driving Scope 3 Reduction & Customers' Journey
SIKA SOLUTIONS DRIVING SCOPE 3 REDUCTION & CUSTOMERS SUSTAINABILITY JOURNEY
Slide 62: Supplier Engagement for Scope 3 Reduction
SUPPLIER ENGAGEMENT FOR SCOPE 3 REDUCTION COLLABORATION WITH SUPPLIERS AND PARTNERS The Scope 3 GHG Emissions Program with TfS* partners is a chemical industry wide approach to monitor, manage, and reduce emissions A key initiative of TfS was to develop a dedicated tool "PCF** Exchange Solution"
Slide 63: Sika Driving Decarbonization: Solutions for a Sustainable Future
SIKA DRIVING DECARBONIZATION SOLUTIONS FOR A SUSTAINABLE FUTURE Durability and Clinker reduction and Circular economy and Water prolonged lifespan new raw materials building envelope management By increasing the lifespan of Sika solutions enable high Sika’s wide range of durable Sika provides reliab
Slide 64: Durability and Prolonged Lifespan
DURABILITY AND PROLONGED LIFESPAN
Slide 65: CO2 Reduction by Prolonging Lifespan
DURABILITY AND ITS IMPACT ON EMISSIONS CO2 REDUCTION BY PROLONGING LIFESPAN CUMULATIVE kgCO2eq/m2 PER LIFESPAN SCENARIO By prolonging the lifespan of a residential/commercial building by 20 years, the cumulative kgCO2eq/m2 KgCO2eq/m2 decreases by 30% 2,500 2,285 Lower replacement rate minimizes
Slide 66: Concrete Fibers Save Time and Costs
DURABILITY AND ITS IMPACT ON EMISSIONS CONCRETE FIBERS SAVE TIME AND COSTS CHALLENGES Steel reinforcement: cost and CO2 footprint SOLUTIONS Sika® Macro Synthetic Fibers Sika® Stealth Fiber Technology BENEFITS 20% CO2 reduction per 150 m3 slab by Sika fibers compared to steel reinforcement1
Slide 67: Expanding the Lifespan Through Repurposing
DRIVING THE TRANSFORMATION OF THE CONSTRUCTION SECTOR EXPANDING THE LIFESPAN THROUGH REPURPOSING Canfranc Quay Quarter International Tower, railway station, Sydney (AUS) Canfranc (ES) Battersea Power Zeitz Museum of Station, Contemporary Art, London (UK) Cape Town (SA) 67
Slide 68: Quay Quarter Tower, Sydney, Australia
QUAY QUARTER TOWER (QQT) SYDNEY, AUSTRALIA Project description The QQT in Sydney has been “upcycled” from the original AMP Centre skyscraper built in 1976 QQT opened at the start of 2022, is 206 meters high and has 59 floors 95% of the existing core preserved NEW RETAINED CHF 85 million in b
Slide 69: Canfranc International Railway Station, Spain
CANFRANC INTERNATIONAL RAILWAY STATION CANFRANC, SPAIN Project description Historic iconic structure inaugurated in 1928 Originally used as train station, now a luxurious hotel with 104 rooms Project duration: 2019-2023 External and internal restauration project, total built area 9,211 m² BE
Slide 70: Clinker Reduction and New Raw Materials
CLINKER REDUCTION AND NEW RAW MATERIALS
Slide 71: Clinker Reduction: Sika Formulation Competence Is Key
USE OF ALTERNATIVE RAW MATERIALS CLINKER REDUCTION: SIKA FORMULATION COMPETENCE IS KEY With Sika chemistry know- 60% how and expertise, new type of SCMs* can be 50% introduced in formulations 30-40% replacing part of the cement in all mortar 40% categories 30% 22% substitution rate by end of 202
Slide 72: Bio-Based Material in Epoxy Products
USE OF ALTERNATIVE RAW MATERIALS BIO-BASED MATERIAL IN EPOXY PRODUCTS Bio-based polymers Bio-based resin Sikashield®-501 Primer pro Sikafloor® product range Bio-polymer in combination with bio-based Partnership with a supplier to find alternatives resin to fossil fuel-based resins High standar
Slide 73: Formulating Less Carbon Intensive Products
USE OF ALTERNATIVE RAW MATERIALS FORMULATING LESS CARBON INTENSIVE PRODUCTS WASTE AS AN WASTE USED Sika is looking to partially replace OPPORTUNITY AS SCM cement in all mortars over the next few years and gradually introduce alternative raw materials in all product categories Products with a 15%
Slide 74: Circular Economy and Building Envelope
CIRCULAR ECONOMY AND BUILDING ENVELOPE
Slide 75: From a Linear to a Circular Construction Sector
IMPROVING MATERIAL EFFICIENCY AND CIRCULARITY FROM A LINEAR TO A CIRCULAR CONSTRUCTION SECTOR Linear construction Circular construction TIME MAKE USE Fit for purpose High quality CO2 optimized Digital Sustain Repurpose Not durable and durable raw materials monitoring and repair or recycle Not recycl
Slide 76: Roofing: Post- and Pre-Consumer Recycling
INNOVATIVE SOLUTIONS FOR ROOFING POST- AND PRE-CONSUMER RECYCLING From linear “make – use – waste” to circular economy Sika USA recycled 400 tons of single ply roofs in 2024 EMEA single ply roof recycling program launched in 2024; 70 tons taken back already Recycled material reused in the pr
Slide 77: New Generation of Roofing Membranes
INNOVATIVE SOLUTIONS FOR ROOFING NEW GENERATION OF ROOFING MEMBRANES Sika Sarnafil® AT, first and only C2C Certified® thermoplastic membrane on the market Simple and fast installation, no chemicals, supporting customer, and ESG initiatives Durability, high impact resistance to extreme weather
Slide 78: Self-Healing Roofing Technology
INNOVATIVE SOLUTIONS FOR ROOFING SELF-HEALING ROOFING TECHNOLOGY Launched in 2024, Sika Sarnafil® AT FSH Self- healing roof waterproofing membrane is the next generation of roofing technology For mechanical and self-adhered roofs in industrial buildings Small damages in membrane are closed by
Slide 79: Sustainable, Energy-Saving, and Durable Roofing
INNOVATIVE SOLUTIONS FOR ROOFING SUSTAINABLE, ENERGY-SAVING, AND DURABLE Sika supplies highly durable, root resistant membranes for Durable, reliable and high-quality Green Roofs products combined with know-how and expertise important to install long-lasting roofing solution Reduce urban heat isla
Slide 80: Turning Returned Concrete Waste into Construction Material
HIGH OPPORTUNITY IN RETURNED CONCRETE TURNING WASTE INTO A VALUABLE CONSTRUCTION MATERIAL CHALLENGES Globally, 4% = 500 million m3 of fresh concrete is returned and discarded per annum SOLUTIONS Innovative Sika admixtures simplify recycling and make waste concrete reusable Soluble bags are add
Slide 81: Water Management
WATER MANAGEMENT ® BUILDING TRUST ris
Slide 82: Clean Water for Millions of People
SIKA DRIVING WATER MANAGEMENT CLEAN WATER FOR MILLIONS OF PEOPLE Sika solutions prevent leaks, protect water quality and extend life-span of infrastructures – for new construction and maintenance Drinking water plants and Industrial wastewater Distribution systems treatment facilities Dams and Res
Slide 83: London Thames Tideway Sewer System
IMPROVING WATER QUALITY IN MEGA CITIES LONDON THAMES TIDEWAY SEWER SYSTEM Project description Thames Tideway is currently the largest water infrastructure project in Europe At present, London relies on a 150-year-old sewer system built for a population less than half its current size CHF 5.6 b
Slide 84: Dubai Deep Tunnel Storm Water System
MANAGING EXTREME WEATHER EVENTS DUBAI DEEP TUNNEL STORM WATER SYSTEM Project description The Dubai Deep Tunnel Storm Water System is a prestigious projects which aims to collect and convey groundwater and stormwater runoff of the Dubai World Central area (~150 km2) and adjacent communities (~250 k
Slide 85: Texas Sunset Water Reservoir Refurbishment
REFURBISHMENT OF EARTHQUAKE DAMAGED FACILITY TEXAS SUNSET WATER RESERVOIR Project description The Sunset Heights Pump Station and Reservoir is a vital infrastructure facility distributing drinking water to the city In 2020, an earthquake damaged the 100-year- old drinking water reservoir Two 1
Slide 86: Product Sustainability
PRODUCT SUSTAINABILITY ® BUILDING TRUST ris
Slide 87: Strategy 2028 and SPM Methodology
PRODUCT SUSTAINABILITY STRATEGY 2028 AND SPM METHODOLOGY Sustainability Portfolio Management (SPM) is the framework used to classify products as sustainable solutions, and market them under the Sustainably Sika communication framework In the Strategy 2028, Sika defined a new target “all new prod
Slide 88: SPM Methodology Supporting Chemical Industry Transition
SPM METHODOLOGY SUPPORTING THE TRANSITION PATHWAY OF THE CHEMICAL INDUSTRY The EU commission promotes the green and digital transition of the chemical industry To date, the EU has published 112 transition initiatives in response to a call launched in July 2023. More initiatives are in the pipeli
Slide 89: SPM Product Evaluation and Classification
SPM METHODOLOGY PRODUCT EVALUATION AND CLASSIFICATION The SPM Methodology follows a four- step approach: segmentation, sustainability evaluation, performance evaluation, and classification Integrated into the Product Creation Process (PCP), SPM evaluations are executed by an SPM Steering Committ
Slide 90: Examples of Products with SPM Classification
SUSTAINABLE SOLUTIONS EXAMPLES OF PRODUCTS WITH SPM CLASSIFICATION BONDING PRIMER AND Contains recycled materials REINFORCEMENT 25% reduction in CO2 per 25 kg bag SIKAGARD®- Sika MonoTop® CORROSION PROTECTION Contributes towards satisfying 3 credits 5500 1010 CEMENT-BASED SLURRY under LEED v4
Slide 91: Examples of Products with SPM Classification
SUSTAINABLE SOLUTIONS EXAMPLES OF PRODUCTS WITH SPM CLASSIFICATION Packaging waste reduced by 60% FAST-CURING ELASTIC compared to alternative materials in SIKAGARD®- Sikaflex®-554 ADHESIVE FOR BONDING dual plastic cartridges 5500 PowerCure LARGE COMPONENTS IN In line with requirements of key IND
Slide 92: Community Engagement
COMMUNITY ENGAGEMENT ® BUILDING TRUST ris
Slide 93: Building Trust and Creating Value
COMMUNITY ENGAGEMENT BUILDING TRUST AND CREATING VALUE COMMUNITY Focus on four fields of activity: ENGAGEMENT Buildings and infrastructure As a socially Education and vocational training responsible company, Water and climate protection Sika is committed to Health and well-being building
Slide 94: Sika Cares Community Engagement Program
COMMUNITY ENGAGEMENT SIKA CARES COMMUNITY ENGAGEMENT PROGRAM Monetary and non-monetary support: products, education, volunteering Thematic Focus Structure Stakeholders Sustainable buildings and better Owner: CEO Residents or area-based groups infrastructure for social and Managed by Corporat
Slide 95: Children's Villages SOS – Latin America
COMMUNITY ENGAGEMENT REFERENCE PROJECTS CHILDREN’S VILLAGES SOS (CVSOS) –LATIN AMERICA ABOUT THE PROJECT SOS Children’s Villages is dedicated to improving the lives of children and young people without parental care or at risk of losing it. Together with partners, donors, communities, children,
Slide 96: Operation Smile, Thailand/Vietnam
COMMUNITY ENGAGEMENT REFERENCE PROJECTS OPERATIONS SMILE, THAILAND/VIETNAM ABOUT THE PROJECT Operation Smile (OS) Thailand is a charity dedicated to providing free treatment to children and adults suffering from cleft lips, cleft palates and other facial deformities. Sika Thailand has been spons
Slide 97: SimplyNano, Switzerland
COMMUNITY ENGAGEMENT REFERENCE PROJECTS SIMPLYNANO, SWITZERLAND ABOUT THE PROJECT Interdisciplinary educational project to promote the STEM subjects (mathematics, information technology, natural sciences and technology) in schools in Switzerland. The SimplyNano project aims to get young people i
Slide 98: Library Project, China
COMMUNITY ENGAGEMENT REFERENCE PROJECTS LIBRARY PROJECT, CHINA ABOUT THE PROJECT Sika China is cooperating with "Library Project", a non-profit charity organization. Fulfilling social responsibilities and supporting basic education, the project has been in operation for four years since 2015. Th
Slide 99: Compensation System
COMPENSATION SYSTEM ® BUILDING TRUST By
Slide 100: Compensation Governance Principles
COMPENSATION GOVERNANCE GOVERNANCE PRINCIPLES There are strong governance principles in place WE DO WE DON’T Conduct an annual review of the compensation policy and Provide discretionary compensation payments programs Reward inappropriate or excessive risk taking or short- Maintain compens
Slide 101: Compensation Benchmarking
COMPENSATION GOVERNANCE COMPENSATION BENCHMARKING Two peer groups are used for different benchmarking purposes in the context of compensation Industrial Swiss listed companies of similar size to Sika in Industrials international companies exposed to similar market terms of market capitalization, rev
Slide 102: Board of Directors Compensation
COMPENSATION SYSTEM BOARD OF DIRECTORS (BoD) To strengthen their independence, members of the Board of Directors receive fixed compensation only, paid in cash and restricted share units converted into shares blocked for three years Annual board retainer + Annual committee fees 50% in cash – 50% in c
Slide 103: Group Management Compensation System
COMPENSATION SYSTEM GROUP MANAGEMENT The compensation system is well-balanced and unique in terms of performance measurement (high proportion of STI and LTI based on performance relative to peers) Performance Time horizon Vehicle Mitigators measurement • Cap on Long-term Absolute + 1 2 3 Equity ince
Slide 104: Total Compensation Approach
TOTAL COMPENSATION APPROACH GROUP MANAGEMENT Compensation decisions are made on the basis of a total compensation approach where target compensation is paid for target performance Target compensation is benchmarked against the market median LTI (target) Outperformance results in above-median com
Slide 105: Compensation Mix – Group Management
COMPENSATION MIX GROUP MANAGEMENT The compensation system aligns pay with performance without incentivizing excessive risk taking or encouraging unintended behaviors Pay-for-performance Mitigators Cap on incentives (maximum potential at 200% as of 2025, previously 150%) Claw-back and malus provision
Slide 106: Short-Term Incentive – Group Management
SHORT-TERM INCENTIVE GROUP MANAGEMENT The short-term incentive is an annual cash incentive plan rewarding for company and regional performance. As of 2024 the KPIs were adjusted to reflect the Strategy 2028. STI STI Payout = x payout target factor Maximum payout factor = 200% Group performance + Ind
Slide 107: Long-Term Incentive – Group Management
LONG-TERM INCENTIVE GROUP MANAGEMENT Our long-term incentive is a Performance Share Unit (PSU) plan with 3-year cliff vesting. As of 2024 the KPIs were adjusted to reflect the Strategy 2028. LTI PSU Vesting = x vesting granted level Maximum vesting level = 200% Relative TSR + Relative ROCE growth +
Slide 108: Payout Curve: Relative Performance Measures
PAYOUT CURVE RELATIVE PERFORMANCE MEASURES Realistic objective setting and a fair payout formula should align pay and performance and motivate executives to perform outstandingly Payout curve for relative TSR and relative ROCE No vesting below threshold performance Cap of 200% for each KPI 108
Slide 109: Change in Cap on Incentives in 2025
CHANGE IN CAP ON INCENTIVES IN 2025 ARTICLES OF ASSOCIATION At the AGM 2025, shareholders approved a change in the Articles of Association regarding the limit for the variable compensation of the CEO and the KL New limit Previous limit Separate limits for each incentive plan (STI and LTI) Limit as
Slide 110: Compensation System Summary
COMPENSATION SYSTEM SUMMARY The BoD is convinced that the compensation system is appropriate for Sika Compensation of the Board of Directors The compensation system of the Board of Directors strengthens their independence and is aligned with prevalent market practice in Switzerland Governance Compen
Slide 111: Links & Annex
LINKS & ANNEX ® BUILDING TRUST By
Slide 112: Links: Publicly Available Information
LINKS PUBLICLY AVAILABLE INFORMATION (NON-EXHAUSTIVE) Strategy WBCSD_SOS 1.5 Strategy 2028 Guidance on Avoided Emissions Sika Capital Markets Day 2024 Biodiversity and Nature Corporate governance Sika and the UN SDGs Board of Directors People Group Management Health and Safety Co
Slide 113: Annex: Risk Management Along the Entire Value Chain
ANNEX RISK MANAGEMENT ALONG THE ENTIRE VALUE CHAIN 113
Slide 114: Annex: Risk Management Along the Entire Value Chain
ANNEX RISK MANAGEMENT ALONG THE ENTIRE VALUE CHAIN 114
Slide 115: Annex: Risk Management Along the Entire Value Chain
ANNEX RISK MANAGEMENT ALONG THE ENTIRE VALUE CHAIN 115
Slide 116: Annex: Risk Management Along the Entire Value Chain
ANNEX RISK MANAGEMENT ALONG THE ENTIRE VALUE CHAIN 116
Slide 117: Annex: Risk Management Along the Entire Value Chain
ANNEX RISK MANAGEMENT ALONG THE ENTIRE VALUE CHAIN 117
Slide 118: Annex: Risk Management Along the Entire Value Chain
ANNEX RISK MANAGEMENT ALONG THE ENTIRE VALUE CHAIN 118
Slide 119: Thank You
THANK YOU ® BUILDING TRUST By
Slide 120: 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