Psp Swiss Property Ag · SIX:PSPN
Psp Swiss Property — Q1 2026 Earnings Presentation
84 slides from Psp Swiss Property's earnings presentation, May 12, 2026
Slide 1: Quarterly report Q1 2026
Quarterly report Q1 2026
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Slide 3: Quarterly report Q1 2026
Quarterly report Q1 2026 PSP Swiss Property 3
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Slide 5: Contents
Contents 6 Key figures 8 Q1 2026 report 16 Portfolio summary 23 Financial reports 59 Additional information 80 Contacts and important information 81 Customer care Contents 5
Slide 6: Key figures
Key figures Key financial figures Unit 2025 Q1 2025 Q1 2026 +/–1 Rental income CHF 1 000 349 226 86 912 87 493 0.7 % EPRA-like-for-like-change % 1.3 1.7 0.6 Net changes in fair value of investment properties CHF 1 000 231 120 13 725 13 488 Income from property sales (investment properties) CHF 1 000
Slide 7: Key figures charts: portfolio, equity, EBITDA, net income
Real estate portfolio Shareholders’ equity 10.1 10.1 9.6 9.8 9.4 5.6 5.7 5.2 5.2 5.4 7.4 % 7.1 % 6.5 % 4.6 % 4.0 % 3.9 % 3.6 % 3.5 % 3.2 % 3.0 % 2022 2023 2024 2025 Q1 2026 2022 2023 2024 2025 Q1 2026 Portfolio value in CHF billion Shareholders’ equity in CHF billion Vacancy rate in % Return on equi
Slide 8: Q1 2026 report
Q1 2026 report PSP Swiss Property has once again achieved solid financial results in Q1 2026, and its consistent focus on first-class properties in premium locations is proving its worth. Business development During the reporting period, the letting market in our market segment – high-quality office
Slide 9: Investment market
The picture varied from region to region. In Basel, oversupply persisted, while office markets in Bern and Lausanne developed steadily. At the same time, interest in cen- trally located spaces in Zurich and Geneva remained consistently high. Market segmentation therefore continued: Prime locations i
Slide 10: Portfolio and current projects
Portfolio As at 31 March 2026, PSP Swiss Property’s real estate portfolio had a carrying value of CHF 10.1 billion and comprised 148 investment properties and 11 development properties. In Q1 2026, we sold the investment property at Igelweid 1 in Aarau. By acquiring a smaller adjoining plot for cons
Slide 11: Vacancy and valuation of properties
“Löwenbräu Red”, Zurich: We are planning to repurpose the property into a hotel concept. The building application was submitted at the end of August 2025. The build- ing permit became legally binding in Q1 2026. Due to the selected hotel concept, an amendment building application will be submitted i
Slide 12: Consolidated quarterly results
Consolidated quarterly results Rental income increased in the reporting period by CHF 0.6 million or 0.7 % to CHF 87.5 million compared to the respective previous year’s period (Q1 2025: CHF 86.9 million). On a like-for-like basis, rental income increased by CHF 0.5 million or 0.6 % (Q1 2025: CHF 1.
Slide 13: Capital structure and liquidity
Capital structure and liquidity PSP Swiss Property continues to have a solid equity base. As at the end of Q1 2026, equity amounted to CHF 5.709 billion, corresponding to an equity ratio of 54.9 % (end of 2025: CHF 5.645 billion or 55.5 %). Interest-bearing debt amounted to CHF 3.536 billion or 34.0
Slide 14: Sustainability – Green Bond Report
Sustainability – Green Bond Report During Q1 2026, we continued to pursue our sustainability strategy. The Green Bond Framework, which was updated during the 2025 business year and rated as “Excellent” by Moody’s, together with the improved four-star GRESB rating, confirm the progress we have made i
Slide 15: Outlook
Outlook Despite the current global political uncertainties, we still expect the Swiss property market to perform well overall in the 2026 business year, especially in our core market segment. Demand for high-quality space in central locations is likely to remain stable, as we believe the letting mar
Slide 16: Portfolio summary
Portfolio summary Project pipeline1 2023 2024 2025 2026 2027 2028 1 Lausanne, “Hôtel des Postes” CHF 55 million 2 Basel, “TEC” CHF 11 million 3 Zurich, “Löwenbräu Red” CHF 25 million 4 Bern, “Eigerstrasse” CHF 20 million Portfolio key figures2 A Zurich area 61 % B Geneva area 14 % Portfolio value CH
Slide 17: Portfolio areas and development properties
Areas 11 Development properties 2 C 3 A 4 D E 1 B E Lausanne area 3% Other locations 3% Portfolio value CHF 0.3 billion Portfolio value CHF 0.3 billion Rental income CHF 3.9 million Rental income CHF 4.0 million Implied yield, net 4.3 % Implied yield, net 4.3 % Vacancy rate 9.8 % Vacancy rate 2.6 %
Slide 18: Rent by type of use, tenant and largest tenants
Rent by type of use 62 % Office 16 % Retail 7 % Gastronomy 4 % Parking 10 % Other Rent by type of tenant 24 % Services 21 % Retail 11 % Gastronomy 9 % Financial services 8 % Technology 8 % Health care 8 % Telecommunication 6 % Government 5 % Other Rent by largest tenants 7 % Swisscom 4 % Google 3 %
Slide 19: “Hôtel des Postes” – Where tradition meets modernity
“Hôtel des Postes” – Where tradition meets modernity The historic “Hôtel des Postes” at Place Saint- François 15 in Lausanne is undergoing comprehensive renovation and modernisation. This Belle Époque building, dating from 1900, combines the preservation of historical buildings with contemporary st
Slide 20: Preservation of the historic fabric
Preservation of the historic fabric During the renovation, original features are carefully pre- served and adapted to fulfil modern requirements. The distinctive façade is being fully renovated, and the original interior structure has been exposed and restored. 20 Portfolio summary
Slide 21: High-quality rental space with character
High-quality rental space with character The high ceilings and spatial proportions of the original building have been retained and seamlessly blended into the modern fit-out. With around 60 % of the space already let, there is strong demand for space at this prime location. Modern building services
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Slide 23: Financial reports
Financial reports 23 Financial reports 24 Consolidated statement of profit or loss (January to March) 25 Consolidated statement of comprehensive income (January to March) 26 Consolidated statement of financial position 28 Consolidated cash flow statement (January to March) 30 Consolidated statement
Slide 24: Consolidated statement of profit or loss
Consolidated statement of profit or loss (January to March) (in CHF 1 000) Q1 2025 Q1 2026 Note Rental income 86 912 87 493 Net changes in fair value of investment properties 13 725 13 488 4 Income from other property sales 0 295 Capitalised own services 530 395 4 Other income 43 0 Total operating i
Slide 25: Consolidated statement of comprehensive income
Consolidated statement of comprehensive income (January to March) (in CHF 1 000) Q1 2025 Q1 2026 Note Net income attributable to shareholders of PSP Swiss Property Ltd 60 568 64 783 Items that may be reclassified subsequently to profit or loss: – Changes in interest rate hedging 1 132 926 – Attribut
Slide 26: Consolidated statement of financial position
Consolidated statement of financial position (in CHF 1 000) 31 December 2025 31 March 2026 Note Cash and cash equivalents 45 345 244 446 Accounts receivable 8 386 9 589 Accrued income and prepaid expenses 4 102 6 378 Current tax assets 440 4 064 Development properties for sale 132 428 135 685 4 Inve
Slide 27: Liabilities and shareholders’ equity
(in CHF 1 000) 31 December 2025 31 March 2026 Note Accounts payable 35 616 43 017 Deferred income and accrued expenses 52 063 41 448 Current tax liabilities 12 782 6 957 Financial liabilities 50 188 50 189 5 Bonds 499 820 680 022 5 Total current liabilities 650 468 821 634 Financial liabilities 1 03
Slide 28: Consolidated cash flow statement
Consolidated cash flow statement (January to March) (in CHF 1 000) Q1 2025 Q1 2026 Note Net income attributable to shareholders of PSP Swiss Property Ltd 60 568 64 783 Net changes in fair value of investment properties – 13 725 – 13 488 4 Capitalised/released rent-free periods 471 45 4 Income from o
Slide 29: Investing and financing cash flows
(in CHF 1 000) Q1 2025 Q1 2026 Note Purchases of development properties 0 – 3 011 4 Capital expenditures on investment properties – 3 062 – 6 497 4 Capital expenditures on own-used properties – 534 – 100 4 Capital expenditures on development properties – 9 743 – 3 700 4 Sales of investment propertie
Slide 30: Consolidated statement of shareholders’ equity
Consolidated statement of shareholders’ equity Share Capital Treasury Retained Revaluation Total share (in CHF 1 000) capital reserves shares earnings reserves holders’ equity 1 January 2025 4 587 503 108 0 4 897 970 5 055 5 410 719 Net income attributable to share holders of PSP Swiss Property Lt
Slide 31: Notes to the consolidated interim financial statements
Notes to the consolidated interim financial statements as of 31 March 2026 1 General information PSP Swiss Property Ltd is a public company whose shares are traded in the real estate segment of the SIX Swiss Exchange. The registered office is located at Kolinplatz 2, 6300 Zug. The PSP Swiss Property
Slide 32: Summary of significant accounting principles
2 Summary of significant accounting principles 2.1 Accounting principles For the interim financial statements as of 31 March 2026, the same consolidation, accounting and valuation principles have been applied as described in PSP Swiss Property’s annual report for the 2025 business year on pages 63 t
Slide 33: Modifications of accounting principles; segment reporting
2.2 Modifications of accounting principles The accounting policies applied are basically the same as those applied in the previous period. IFRS 18 Presentation and Disclosure in Financial Statements In April 2024, the IASB issued IFRS 18, which replaces IAS 1 Presentation of Financial Statements. IF
Slide 34: Segment information Q1 2025
Segment information Q1 2025 Real Estate Property Total (in CHF 1 000) investments management Holding Subtotal Eliminations Group Rental income 87 387 87 387 – 475 86 912 Net changes in fair value of investment properties 13 725 13 725 13 725 Property management services 3 932 3 932 – 3 932 0 Capital
Slide 35: Segment information Q1 2026
Segment information Q1 2026 Real Estate Property Total (in CHF 1 000) investments management Holding Subtotal Eliminations Group Rental income 87 956 87 956 – 463 87 493 Net changes in fair value of investment properties 13 488 13 488 13 488 Income from other property sales 240 240 55 295 Property m
Slide 36: Real Estate
4 Real Estate In Q1 2026, we sold the investment property at Igelweid 1 in Aarau. By acquiring a smaller adjoining plot for consolidation purposes in Wallisellen, we have specifically expanded the existing “Richtipark” project to ensure its completeness and to realise further synergies. No other inv
Slide 37: Investment properties movements
Invest- Investment Development Development Total ment properties Own-used properties at properties for real estate (in CHF 1 000) properties for sale properties fair value sale investment IAS 40 IFRS 5 IAS 16 IAS 40 IAS 2 Carrying value at 1 January 2025 9 489 892 0 38 683 276 690 27 502 9 832 767 C
Slide 38: Financing, financial result, derivatives
5 Financing Financial result (in CHF 1 000) Q1 2025 Q1 2026 Financial income 126 12 Total financial income 126 12 Financial expenses 8 848 8 777 Capitalised interests – 128 – 214 Amortisation of issue expenses of bonds 91 153 Total financial expenses 8 811 8 715 Total financial result 8 685 8 703 Ov
Slide 39: Financial liabilities
Financial liabilities (in CHF 1 000) 31 December 2025 31 March 2026 Short-term financial liabilities 50 000 50 000 Short-term lease liabilities 188 189 Total short-term financial liabilities 50 188 50 189 Short-term bonds 499 820 680 022 Long-term financial liabilities 1 030 000 1 030 000 Long-term
Slide 40: Income taxes and shareholders’ equity
At the respective balance sheet dates, the exposure of all debt with regard to changes in interest rates was as follows: (in CHF 1 000) 31 December 2025 31 March 2026 < 6 months 199 974 349 944 6 to 12 months 349 846 380 078 1 to 5 years 2 159 278 2 278 099 > 5 years 660 700 527 825 Total interest-b
Slide 41: Fair value hierarchy
8 Fair value hierarchy Financial instruments, investment properties and other properties measured at fair value are valued based on the three-level fair value hierarchy. The fair value definition is classified into three categories: Level 1 regards instruments with price quotations in a liquid marke
Slide 42: Key figures and earnings per share
9 Key figures and earnings per share “EBITDA excluding gains/losses on real estate investments” corresponds to the oper- ating profit (EBIT) excluding depreciation, net changes in fair value of investment properties and net income from sales of investment properties. Income from the sale of properti
Slide 43: Net income reconciliation and NAV per share
(in CHF 1 000) Q1 2025 Q1 2026 Net income 60 568 64 783 Net changes in fair value of investment properties – 13 725 – 13 488 Net income from other property sales 0 – 240 Attributable taxes from net changes in fair value of real estate investments 3 145 3 095 Attributable taxes from income from other
Slide 44: Report on the review of interim financial statements
Ernst & Young Ltd Phone: +41 58 286 31 11 Maagplatz 1 www.ey.com/en_ch P.O. Box CH-8010 Zurich To the Board of Directors of Zurich, 11 May 2026 PSP Swiss Property Ltd, Zug Report on the review of interim condensed consolidated financial statements Introduction We have reviewed the interim condensed
Slide 45: EPRA reporting
EPRA reporting The European Public Real Estate Association (EPRA) is the widely-recognised market standard guidance and benchmark provider for the European real estate industry. EPRA’s Best Practices Recommendations Guidelines dictate the ongoing reporting of a set of performance metrics intended to
Slide 46: EPRA performance measures summary table
EPRA performance measures Summary table EPRA performance measures Q1 2025/ Q1 2026/ 31 Dec 31 Mar Measure Definition Purpose 2025 2026 1 A key measure of a company’s underlying CHF 1.09 CHF 1.18 EPRA operating results and an indication of the Earnings from operational activities. EARNINGS extent to
Slide 47: EPRA earnings and EPRA earnings per share
1 EPRA earnings and EPRA earnings per share (EPS) (in CHF 1 000) Q1 2025 Q1 2026 Earnings per IFRS statement of profit or loss 60 568 64 783 Adjustments to calculate EPRA Earnings, exclude: Changes in value of investment properties, development properties held for investment and other interests – 13
Slide 48: EPRA net asset value metrics
2 EPRA net asset value metrics 31 December 2025 31 March 2026 (in CHF 1 000) EPRA NRV EPRA NTA EPRA NDV EPRA NRV EPRA NTA EPRA NDV IFRS Equity attributable to shareholders 5 644 929 5 644 929 5 644 929 5 709 004 5 709 004 5 709 004 Include/Exclude: Hybrid instruments n.a. n.a. n.a. n.a. n.a. n.a. Di
Slide 49: Deferred tax disclosure and EPRA net initial yield
Additional deferred tax disclosure 31 December 2025 31 March 2026 as % of % of as % of % of total deferred tax total deferred tax Fair Value portfolio excluded Fair Value portfolio excluded Portfolio that is subject to deferred tax and intention is to hold and not to sell in the long run 9 996 096 1
Slide 50: EPRA vacancy rate and cost ratios
4 EPRA vacancy rate (in CHF 1 000) 31 December 2025 31 March 2026 Estimated rental value of vacant space (A) 1 12 234 13 607 Estimated rental value of the whole portfolio (B)2 345 427 340 792 EPRA vacancy rate (A/B) 3.5 % 4.0 % 1 Vacancy in CHF as per reporting date (market rent for vacant area). 2
Slide 51: EPRA LTV
6 EPRA LTV 31 December 2025 Share of interest Group as Share of Joint in significant Non-controlling (in CHF 1 000) reported Ventures associates Interests Combined Include: Borrowings from financial institutions 1 080 000 1 080 000 Bonds 2 283 302 2 283 302 Net payables 86 310 86 310 Exclude: Cash a
Slide 52: EPRA Core Recommendations: Investment Property Reporting
EPRA Core Recommendations: Investment Property Reporting Accounting basis under IAS 40 IAS 40.30 allows real estate companies to choose either the fair value model or the cost model as their accounting policy for their investment properties. PSP Swiss Property discloses the investment properties at
Slide 53: Development properties
Development properties Real estate companies should include information on completed investment properties (and trading properties and joint venture interests where they are material) in their management narrative or in an exhibit. Development activities can represent a source of significant value c
Slide 54: Like-for-like rental growth reporting
Like-for-like rental growth reporting Like-for-like net rental growth compares the growth of the net rental income of the portfolio that has been consistently in operation, and not under development, during the two full preceding periods that are described. At the end of the reporting period, the li
Slide 55: Additional portfolio information; capital expenditure disclosure
Additional portfolio information Additional information and disclosure on property statistics such as rental data, valuation data, development and redevelopment can be found on pages 60 to 79. Capital expenditure disclosure PSP Swiss Property has decided to use the table provided by EPRA to disclose
Slide 56: Report of the independent auditor on the EPRA reporting
Ernst & Young Ltd Phone: +41 58 286 31 11 Maagplatz 1 www.ey.com/en_ch P.O. Box CH-8010 Zurich To the Management of Zurich, 11 May 2026 PSP Swiss Property Ltd, Zug Report of the independent auditor on the EPRA reporting We have been engaged by PSP Swiss Property Ltd to perform a reasonable assurance
Slide 57: Assurance engagement procedures
2 An assurance engagement in accordance with ISAE 3000 to obtain reasonable assurance involves performing procedures to obtain audit evidence about the EPRA reporting. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the EPRA
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Slide 59: Additional information
Additional information 59 Additional information 60 Key figures per area 62 Property details 76 Additional information on development projects 78 Property sales 78 Expiry of lease contracts 79 Tenant structure 80 Contacts and important information 81 Customer care Additional information 59
Slide 60: Key figures per area
Key figures per area Maintenance Number of Rental Operating and renova- Net rental in % Potential in % (in CHF 1 000) properties income expenses tion income of total rent1 of total Zurich Q1 2026 76 53 075 2 920 1 985 48 170 61.9 % 214 908 61.3 % 2025 76 207 867 11 387 7 374 189 106 60.8 % 212 430 6
Slide 61: Key figures per area (continued)
Net changes Implied Vacancy Market in % in fair Value of in % yield Implied Vacancy rate Vacancy Vacancy rent2 of total value3 properties of total gross4 yield net5 in CHF6 (CHF)6,7 in m2 rate (m2) 206 285 60.5 % 0 6 230 429 61.5 % 3.5 % 3.1 % 6 171 2.9 % 15 740 2.9 % 206 285 59.7 % 253 173 6 226 81
Slide 62: Property details
Property details Gastro Total Land Office Retail nomy Other rentable Region area m2 area m2 area m2 area m2 area m2 area m2 Zurich Zürich, Alfred Escher-Strasse 17 275 950 0 0 47 997 Zürich, Augustinergasse 25 236 255 0 327 157 739 Zürich, Bahnhofplatz 1, 2 / Bahnhofquai 9, 11, 15 2 014 6 783 1 020
Slide 63: Property details: parking, vacancy, yield, ownership
Parking Vacancy Implied Year of Year of Purchase Ownership Ownership spaces rate (CHF)1 yield net2 construction renovation3 date Owner4 status5 percentage 0 0.0 % 3.5 % 1907 2000|17 01.10.1999 PR SO 100.0 % 1 0.0 % 3.0 % 1850 1994|2000|04 01.04.2004 PP SO 100.0 % 0 0.0 % 2.4 % 1894|95|99 1990|2021|2
Slide 64: Property details: Zurich (continuation)
Gastro Total Land Office Retail nomy Other rentable Region area m2 area m2 area m2 area m2 area m2 area m2 Zurich (continuation) Zürich, Füsslistrasse 6 907 2 054 905 0 45 3 004 Zürich, Gartenstrasse 32 694 1 693 0 0 0 1 693 Zürich, Genferstrasse 23 343 946 0 0 59 1 005 Zürich, Gerbergasse 5 606 1
Slide 65: Property details: parking, vacancy, yield, ownership
Parking Vacancy Implied Year of Year of Purchase Ownership Ownership spaces rate (CHF)1 yield net2 construction renovation3 date Owner4 status5 percentage 0 54.0 % 1.4 % 1925 1998|2005|24 01.04.2001 PR SO 100.0 % 18 0.0 % 2.4 % 1967 1986|2005|22 01.07.2005 PP SO 100.0 % 0 0.0 % 3.4 % 1895 1998|2014
Slide 66: Property details: Zurich (continuation)
Gastro Total Land Office Retail nomy Other rentable Region area m2 area m2 area m2 area m2 area m2 area m2 Zurich (continuation) Zürich, Seebahnstrasse 89 2 455 3 115 739 0 1 208 5 062 Zürich, Seefeldstrasse 5 498 571 0 294 289 1 154 Zürich, Seefeldstrasse 123 2 580 6 586 1 562 0 138 8 286 Zürich,
Slide 67: Property details: parking, vacancy, yield, ownership
Parking Vacancy Implied Year of Year of Purchase Ownership Ownership spaces rate (CHF)1 yield net2 construction renovation3 date Owner4 status5 percentage 76 1.7 % 3.5 % 1959 2003|08|18 01.04.2001 PR SO 100.0 % 0 0.0 % 2.8 % 1840 2000|22|25 01.04.2004 PP SO 100.0 % 85 0.4 % 2.6 % 1972 2004|17 01.10.
Slide 68: Property details: Geneva
Gastro Total Land Office Retail nomy Other rentable Region area m2 area m2 area m2 area m2 area m2 area m2 Geneva Genève, Cours de Rive 13, 15 / Boulevard Helvétique 25 882 4 505 1 184 0 99 5 788 Genève, Place de la Synagogue 3, 5 / Rue Jean-Petitot 4, 6 585 2 526 109 0 85 2 720 Genève, Place du Mo
Slide 69: Property details: parking, vacancy, yield, ownership
Parking Vacancy Implied Year of Year of Purchase Ownership Ownership spaces rate (CHF)1 yield net2 construction renovation3 date Owner4 status5 percentage 63 1.3 % 3.4 % 1981 01.10.1999 PR SO 100.0 % 0 0.0 % 3.0 % 1874 2020 01.01.2022 PD SO 100.0 % 0 0.1 % 2.8 % 1975 2005|06|25 01.04.2004 SI SO 100.
Slide 70: Property details: Basel
Gastro Total Land Office Retail nomy Other rentable Region area m2 area m2 area m2 area m2 area m2 area m2 Basel Basel, Barfüsserplatz 10 365 350 0 533 314 1 197 Basel, Dornacherstrasse 210 4 994 9 674 2 764 0 2 065 14 503 Basel, Falknerstrasse 31 / Weisse Gasse 16 320 127 0 345 728 1 200 Basel, Fr
Slide 71: Property details: parking, vacancy, yield, ownership
Parking Vacancy Implied Year of Year of Purchase Ownership Ownership spaces rate (CHF)1 yield net2 construction renovation3 date Owner4 status5 percentage 0 0.0 % 3.1 % 1914 1997|2006|11 01.04.2004 PP SO 100.0 % 4 2.2 % 4.5 % 1969 1998|2004|06|15 31.12.2000 PR SO 100.0 % 0 5.3 % 3.6 % 1902 1998|2005
Slide 72: Property details: Lausanne
Gastro Total Land Office Retail nomy Other rentable Region area m2 area m2 area m2 area m2 area m2 area m2 Lausanne Lausanne, Avenue Agassiz 2 757 1 394 0 0 0 1 394 Lausanne, Avenue de Cour 135 1 800 2 259 0 262 385 2 906 Lausanne, Avenue de Sévelin 40 3 060 1 623 0 0 4 939 6 562 Lausanne, Avenue d
Slide 73: Property details: parking, vacancy, yield, ownership
Parking Vacancy Implied Year of Year of Purchase Ownership Ownership spaces rate (CHF)1 yield net2 construction renovation3 date Owner4 status5 percentage 9 0.0 % 3.1 % 1880 2002|12|15 01.02.2018 PR SO 100.0 % 23 10.1 % 3.2 % 1973 2001|04|05 01.10.1999 PR SO 100.0 % 144 11.4 % 7.4 % 1992 01.12.2005
Slide 74: Development properties
Gastro Total Land Office Retail nomy Other rentable Region area m2 area m2 area m2 area m2 area m2 area m2 Development properties7 Basel, Project “TEC” 3 657 n.a. n.a. n.a. n.a. n.a. Bern, Project “Eigerstrasse” 3 268 n.a. n.a. n.a. n.a. n.a. Carouge GE, Project “Acacias” 4 666 n.a. n.a. n.a. n.a.
Slide 75: Development properties: ownership details
Parking Vacancy Implied Year of Year of Purchase Ownership Ownership spaces rate (CHF)1 yield net2 construction renovation3 date Owner4 status5 percentage n.a. n.a. n.a. n.a. 01.12.2005 PR SO 100.0 % n.a. n.a. n.a. n.a. 01.10.1999 PR SO 100.0 % n.a. n.a. n.a. n.a. 31.12.2000 PR SO 100.0 % n.a. n.a.
Slide 76: Additional information on development projects
Additional information on development projects Project “Hôtel des Postes” Lausanne, Place Saint-François 15 Project description State of project Completion Total renovation Under construction Mid of 2026 Planned investment sum: approx. CHF 55 million (of which CHF 53.1 million used) Letting level: 6
Slide 77: Development projects: Löwenbräu Red, Eigerstrasse
Project “Löwenbräu Red” Zurich, Limmatstrasse 250–254, 264, 266 Project description State of project Completion Repurposing In planning 2028 Planned investment sum: approx. CHF 25 million (of which CHF 0.5 million used) Letting level: 100 % Project “Eigerstrasse” Bern, Eigerstrasse 2 Project descrip
Slide 78: Property sales and expiry of lease contracts
Property sales Office Location Land area m2 area m2 Retail area m2 Aarau, Igelweid 1 356 280 104 Expiry of lease contracts Possibility of adjustment to market Legal termination rent by PSP Swiss Property option by tenant Contracts not limited in time, but subject to notice 6% 6% 2026 5% 6% 2027 11 %
Slide 79: Tenant structure
Gastronomy Total rentable Parking Purchase area m2 Other area m2 area m2 spaces date Selling date 0 184 568 0 01.07.2005 14.01.2026 Tenant structure 31 December 2025 31 March 2026 Swisscom 7% 7% Google 4% 4% IWG 3% 3% On 2% 3% Schweizerische Post 2% 2% Next five largest tenants 8% 8% Other 74 % 73 %
Slide 80: Contacts and important information
Contacts and important information Main company addresses Agenda PSP Swiss Property Ltd Kolinplatz 2 Publication H1 2026 CH-6300 Zug 18 August 2026 Phone +41 (0)41 728 04 04 Publication Q1–Q3 2026 PSP Group Services Ltd 10 November 2026 Seestrasse 353 CH-8038 Zurich Publication FY 2026 Phone +41 (0)
Slide 81: Customer care
Customer care Front units Thanks to its broad regional presence, PSP Swiss Property has detailed knowledge of the local real estate markets. The well developed branch network allows efficient management of all properties. Zurich Management: Fabian Laube PSP Management Ltd Seestrasse 353 CH-8038 Zuri
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Slide 83: Legal information
Legal information Publisher: PSP Swiss Property Ltd, Zug Concept and layout: LST AG, Lucerne Photos: Swen Sack, Lausanne Translation: Diction AG, Buchs SG Print: Druckerei Kyburz AG, Dielsdorf Paper: Nautilus SuperWhite, CO2 neutral, FSC®recycled-certified, EU Ecolabel awarded and Cradle to Cradle C
Slide 84: PSP Swiss Property Ltd, Kolinplatz 2, CH-6300 Zug
PSP Swiss Property Ltd Kolinplatz 2 CH-6300 Zug www.psp.info info@psp.info Stock exchange, trading symbol SIX Swiss Exchange: Symbol PSPN, Security number 1829415, ISIN CH0018294154 Reuters: PSPZn.S Bloomberg: PSPN SW © PSP Swiss Property, 11 May 2026