Slides
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1/27 Investor Site Visit Future Market Trends, New Digital Generation & Inauguration New Facility Hinwil, September 1, 2026
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Agenda 2/27 Investor Event | 2026-09-01 Welcome and Strategy Overview Lars van der Haegen, CEO10.00 Future Market Trends and New Digital Generation Conradin Merk, Head Group Strategy10.15 Experience Stations: New Digital Generation10.30 Financials and Q&A Markus Schürch, CFO12.10 New Factory Tour (optional)13.45 – 14.45 Lunch12.55
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Safety instructions 3/27 Assembly Point Wässeristrasse In the event of an alarm ▪ Please remain calm ▪ Leave the building immediately via the nearest emergency exit ▪ Once outside, proceed to the assembly point and wait for further instructions Investor Event | 2026-09-01 You are here
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Welcome & Objective of the day 4/27Investor Event | 2026-09-01 Welcome Lars van der Haegen CEO Joined Belimo: 2000 (CEO since 2015) Objectives of the day 1 Deepen understanding of Belimo’s business and growth drivers 2 Introduce New Digital Generation … 3 … highlighting how it is catering the building trends of tomorrow
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There are three key pillars contributing to Belimo’s growth 5/27 Strategically Aligned to Growth Megatrends Continuous Growth Strategy Execution Strong Positioning Profitable Growth Agile pureplay dedicated to niche market Global leader with long- standing customer relationships Cutting edge innovation with ~7% of sales invested in R&D Short lead times and customer proximity Urbanization Digitalization Climate Change Swiss quality focusing on durability and minimal maintenance ▪ RetroFIT+ ▪ Grow APAC ▪ Data Centers Customer Value Solution Leadership ▪ Actuators & Valves ▪ Sensors & Meters ▪ Digital Ecosystem Investor Event | 2026-09-01
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Levering key pillars across diversified end markets 6/27 Education Retail Hotels and restaurants Amusement, sports, and recreation Offices Chemicals Government Military Pharma, biotech, and medtech Health and social services Greenhouses and horticulture Automotive Data centers Food and beverage Semiconductor and electronic products Passenger terminals Renewable energy generation Energy storage and network District energy Conventional energy generation Garages High-rise residential Villas Single- and multi-family houses Warehousing Communication Maritime ships Railway rolling stock Energy-performance contracting services (EPC) Mobile energy storage Public access buildings Production buildings Infrastructure buildings Residential buildings Cross-category Miscellaneous Ensuring resilience and a broad set of growth opportunities Investor Event | 2026-09-01
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Driving strong profitable growth at Belimo 12 14 16 18 20 22 24 26 28 30 32 0 100 200 300 400 500 600 700 800 900 1,000 1,100 1,200 2005 2010 2015 2020 2025 EBIT margin Sales in CHF m 10.3% sales CAGR 05-25 in local currencies 1st phase of Growth Strategy: +8.8% CAGR 16-21 2nd phase of Growth Strategy: +13.8% CAGR 21-25 +5.7% CAGR 11-16 11% 15% 14% 15% -2% 15% 10% 5% 6% 7% 4% 7% 8% 10% 9% 0% 17% 12% 7% 23% 13% 1121 % Sales growth in LC 280 14.2% 20.8% 7/27Investor Event | 2026-09-01
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Focus of today’s presentation 8/27 Strategically Aligned to Growth Megatrends Continuous Growth Strategy Execution Strong Positioning Profitable Growth Agile pureplay dedicated to niche market Global leader with long- standing customer relationships Cutting edge innovation with ~7% of sales invested in R&D Short lead times and customer proximity Urbanization Digitalization Climate Change Swiss quality focusing on durability and minimal maintenance ▪ RetroFIT+ ▪ Grow APAC ▪ Data Centers Customer Value Solution Leadership ▪ Actuators & Valves ▪ Sensors & Meters ▪ Digital Ecosystem Future Market Trends Trends transforming the building and HVAC industry by 2050 New Digital Generation catering trends Investor Event | 2026-09-01
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Agenda 9/27 Investor Event | 2026-09-01 Welcome and Strategy Overview Lars van der Haegen, CEO10.00 Future Market Trends and New Digital Generation Conradin Merk, Head Group Strategy10.15 Experience Stations: New Digital Generation10.30 Financials and Q&A Markus Schürch, CFO12.10 New Factory Tour (optional)13.45 – 14.45 Lunch12.55
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The twelve trends shaping Belimo’s industry 10/27 SOURCE: Building Tomorrow (Belimo) Twelve trends – categorized in four thematic sectors – shape Belimo’s industry, and everyone raises the value of the intelligent field device The future of environment The future of economy The future of society The future of technology Climate adaptation Electrification and energy optimization Sustainable building materials Environmental regulations and declarations Reporting requirements and transparency Skilled-trades talent scarcity Safe buildings Healthy indoor spaces Mixed-use and flexible spaces Connected buildings Next-generation building automation Integrated planning, installation, and commissioning Trends highlighting relationship between buildings and the planet Trends driven by regulations, and resource dynamics Trends driven by evolving human needs Trends enabled by technological advancements Investor Event | 2026-09-01
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The future of environment 11/27 SOURCE: Climate Resilience Center; IEA; Building Tomorrow (Belimo) Climate adaptation, energy optimization, and sustainable building materials are changing buildings, creating durable demand for reliable, long-lasting field devices Climate adaptation Buildings must shield occupants from weather extremes ▪ Accelerating uptake of active cooling ▪ Continuous monitoring and condition- based maintenance ▪ Integration across BACS verticals Higher requirements for field device uptime and interoperability ~1’000 of cities are expected to face average summer highs of >35°C by 2050 Electrification and energy optimization Buildings must decarbonize energy use and cut energy intensity ▪ Transition from fossil fuels to heat pumps ▪ Broader application of state-of-the-art BACS Retrofit-friendly devices and tools 27% of global CO₂ emissions from building operations Sustainable building materials Buildings must cut embodied CO₂, not only operational ▪ Build with less; avoid waste ▪ Bio-based and improved conventional materials Durable designs and eco-friendly materials 10% of global CO₂ emissions from construction, renovation, and deconstruction of buildings Investor Event | 2026-09-01
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The future of economy 12/27 SOURCE: World Bank; The Wall Street Journal; Construction Digital; Building Tomorrow (Belimo) Increasingly binding regulations, ESG reporting requirements, and skilled-trades talent scarcity each drive demand for energy-efficient, easy-to-install field devices Environmental regulations and declarations Energy codes targeting building emissions will shift from voluntary to binding ▪ Tightening regulation of operational emissions ▪ Binding regulations expanding to embodied emissions Energy-efficient field devices and verified life-cycle data Reporting requirements and transparency ESG reporting continues to be required to meet investor expectations ▪ Aggregation of building data for ESG reporting ▪ Granular data increasingly vital for building optimization Growing demand for granular monitoring of energy and indoor air quality 86% of S&P 500 companies voluntarily disclosing ESG data Skilled-trades talent scarcity Skilled-trades labor shortage will be further amplified by a retiring workforce ▪ Scaling of vocational training and apprenticeships ▪ Boosting worker efficiency through product innovation Ease of installation and product trainings 94% of construction companies reporting that finding skilled staff is a key challenge 88 countries already have binding building energy codes in at least one city Investor Event | 2026-09-01
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The future of society 13/27 SOURCE: USFA; Fellowes; Moody’s; Building Tomorrow (Belimo) Building safety, indoor-health awareness, and mixed-use / flexible-space spaces each call for more capable field devices Safe buildings Mixed-use and flexible spaces Spaces are no longer static but dynamic ▪ Increased use of mixed-use buildings ▪ Emergence of flexible buildings Adjustable zone-control and wireless / Power-over-Ethernet field devices 300x the floor area of One World Trade Center in NY vacant in the U.S. by the end of 2024 Urbanization and new building technologies will raise building safety standards ▪ Higher fire safety standards ▪ Risk mitigation from new building technologies Raising demand for motorized fire dampers and smoke extraction 70% increase in fire-related deaths in non-residential buildings over the past decade1 Healthy indoor spaces New buildings and retrofits will increasingly prioritize occupant comfort and health ▪ Continued focus on thermal comfort ▪ Growing focus on indoor air quality ▪ Increasing focus on acoustic comfort Ubiquitous IAQ monitoring and silent field devices >65% of individuals at least somewhat concerned about poor indoor air quality (IAQ) 1 Data available for U.S. only Investor Event | 2026-09-01
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The future of technology 14/27 SOURCE: memoori; NIST; McKinsey & Company; Building Tomorrow (Belimo) Connectivity, next-generation building automation, and digital project execution each raise the bar for interoperable, intelligent field devices Connected buildings Number of IoT-enabled devices in buildings continues to increase rapidly ▪ IP-based communication becoming standard ▪ Adoption of cybersecure communication protocols IP-based, cybersecure communication 13.7% expected annual growth rate for IoT devices installed in buildings Integrated planning, installation, and commissioning Digital integration will streamline project execution, reducing costs and delays ▪ Accelerating integration into digital planning tools ▪ Accelerating integration into digital workflow management Seamless integration into digital planning and workflow management tools 0.5% growth of labor productivity of construction industry over the past 20 years2 Next-generation building automation Next-generation BACS will integrate decentralized intelligence and AI ▪ Decentralized control solutions (edge control) ▪ AI-enabled “plug-and-play” Self-commissioning and -optimizing field devices 60% of commercial buildings >4’500m² have a BACS1 1 Data available for U.S. only 2 Compared to 2.0% of the broader economy Investor Event | 2026-09-01
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Belimo’s New Digital Generation (NDG) platform 15/27 Flexible connectivity and integration, improving system security and transparency SOURCE: Belimo Belimo’s New Digital Generation directly addresses key forces emerging from future market trends Best-in-class performance, improving occupant comfort and energy savings Ease of installation and maintenance, reducing time and training needs Simple setup, reducing commissioning time and training needs Connectivity and security Higher device requirements Labor productivity Digital integration Modularity, enabling many variants with few products Application flexibility ▪ Native digital across one seamless platform ▪ Cybersecure ▪ Rich performance data ▪ High reliability and precision ▪ Low power consumption (up to 80%) ▪ Low noise and reduced material usage ▪ Intuitive handling ▪ Fast and safe wiring without tools ▪ Simplified troubleshooting ▪ Commissioning with a single app (incl. sensors) ▪ Guided workflows ▪ Configurable without power ▪ Adaptable to future communication standards ▪ Customizable to customer wishes NDG responseKey forces Selected features of the NDG platform Investor Event | 2026-09-01
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Agenda 19/27 Investor Event | 2026-09-01 Welcome and Strategy Overview Lars van der Haegen, CEO10.00 Future Market Trends and New Digital Generation Conradin Merk, Head Group Strategy10.15 Experience Stations: New Digital Generation10.30 Financials and Q&A Markus Schürch, CFO12.10 New Factory Tour (optional)13.45 – 14.45 Lunch12.55
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4 experience stations to explore the New Digital Generation firsthand 20/27 Sensors Adrian Staufer (Head of Group Division EMEA) Supply Chain & Modular Portfolio Marcel Schütz (Head of Group Division Logistics/Customization), Carolin Felix (Head of L/C Operations Hinwil), Marc Billeter (Product Engineer), Pauric Doherty (Product Engineer) Digital Ecosystem Christoph Hönig (Head of Product Management Digital Ecosystem) Control Butterfly Valves Pierre Morier (Teamleader PM Control Valves Products EMEA) 2 3 4 1 Investor Event | 2026-09-01
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Agenda 21/27 Investor Event | 2026-09-01 Welcome and Strategy Overview Lars van der Haegen, CEO10.00 Future Market Trends and New Digital Generation Conradin Merk, Head Group Strategy10.15 Experience Stations: New Digital Generation10.30 Financials and Q&A Markus Schürch, CFO12.10 New Factory Tour (optional)13.45 – 14.45 Lunch12.55
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Overview H1: Strong growth both in traditional HVAC business and in data centers 22/27 EBIT The Bigger Picture Sales 562 676 +20.5% in LC: +29.6%▪ Sales +29.6% in LC YoY; acceleration vs PY ▪ Data Centers accounting for slightly more than half of growth; traditional HVAC driven by renovations, growth verticals and pricing 128 153 H1’25 H1’26 +19.1%▪ EBIT +19.1% YoY; robust margin supported by operating leverage, pricing and favorable product mix ▪ Offsetting strengthening CHF and tariffs ▪ Growth megatrends well intact incl. urbanization, energy efficiency and digitalization ▪ Cont. strategy execution incl. ongoing launch of New Digital Generation and capacity expansion ▪ Driving strong growth on top and bottom-line CHF m 22.5%22.8% Investor Event | 2026-09-01
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Expecting continued strong demand in H2’26 Outlook 23/27 Expect continued strong demand in H2’26 across both traditional HVAC business and data centers; compared to H1’26, the YoY sales growth rate (LC) will be affected by an increasing base effect and the annualization of pricing measures EBIT margin above 20% in FY’26 (unchanged): Impacted by FX fluctuations; expect continued positive effects from favorable product mix, pricing and operating leverage Risks & Opportunities: Uncertain direction of global economy and geopolitics; unforeseen changes in tariffs, FX volatility impacting margins, speed of data centers Capex deployment Continue capacity expansion and investment into growth initiatives, leading to a continued elevated Capex level in 2026 Execute Growth Strategy Investor Event | 2026-09-01
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Q&A 24/27
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Agenda 25/27 Investor Event | 2026-09-01 Welcome and Strategy Overview Lars van der Haegen, CEO10.00 Future Market Trends and New Digital Generation Conradin Merk, Head Group Strategy10.15 Experience Stations: New Digital Generation10.30 Financials and Q&A Markus Schürch, CFO12.10 New Factory Tour (optional)13.45 – 14.45 Lunch12.55
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Investor Relations Stephan Gick stephan.gick@belimo.ch ir@belimo.ch www.belimo.com/ch/en_GB/about/invest or-relations +41 43 843 48 12 26/27
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§ Disclaimer This presentation contains comments relating to future developments which are based on assumptions and estimates of BELIMO Holding AG. Although the Company assumes the expectations of these forward-looking statements to be realistic, they contain risks. These can lead to the actual results being significantly different from the forward-looking statements. Various factors may cause actual results to differ materially in the future from those reflected in forward-looking statements contained in this report, among others: ▪ Changes in the economic and business environment. ▪ Exchange rate and interest rate changes. ▪ The introduction of competing products. ▪ Inadequate acceptance of new products or services. ▪ Changes in the business strategy. BELIMO Holding AG neither plans nor commits itself to keep these prospective comments up to date. 27/27