Slides
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SIKA – FIRST NINE MONTHS 2026 STRONG PERFORMANCE WITH 4.8% SALES GROWTH IN LC Sika Investor Presentation Nine-Month Results 23 October 2026
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1. Highlights Nine-Months 2026 2. Financial Performance 3. Strategy Execution 4. Business Implementation 5. Outlook
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1. Highlights Nine-Months 2026
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NINE-MONTHS 2026 HIGHLIGHTS 4 LOCAL CURRENCY GROWTH OF 4.8%, GUIDANCE REITERATED Reported sales of CHF 8.71 billion Local currency growth of 4.8% Material margin up 40 bps year-on-year to 55.4% 9M EBITDA increased by 1.9% to CHF 1.68 billion Net profit increased by 1.9% to CHF 887.8 million Full-year 2026 guidance reiterated
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+4.1 % Americas GLOBAL GROWTH OF 4.8% IN LOCAL CURRENCIES 5 LC GROWTH OF 6.2%, EXCLUDING CHINA CONSTRUCTION +8.3% EMEA 3.0 4.1 -2.3% Asia/Pacific 1.6 9M 2025 (in CHF billion, growth in LC) 9M 2026 -0.2 organic growth +1.1% acquisition effect -7.9% currency impact +4.8% GROUP 8.7
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OUTGROWING PEERS SIKA IS CONSISTENTLY GAINING MARKET SHARE 6 Sika vs Peers, Organic Growth Avg. outperformance: +1.9% per year Sika excl. China Construction vs Peers Avg. outperformance: +2.7% per year 1.2% 1.1% -0.4% 2.9% -3.1% -0.9% -1.0% 2.1% -4.0% -3.0% -2.0% -1.0% 0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 2023 2024 2025 HY1 2026 Sika Peers 0.1% 1.8% 1.2% 4.7% -3.1% -0.9% -1.0% 2.1% -4.0% -3.0% -2.0% -1.0% 0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 2023 2024 2025 HY1 2026 Sika excl. China
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ACTIONS TO ACCELERATE PROFITABLE GROWTH BOLT-ON ACQUISITIONS IN 2026 7 Leading Swedish producer of wide range of mortars and integrated solutions Leading manufacturer of adhesives and sealants based in Turkey ▪ Strong portfolio and wide distribution network ▪ Expanded geographic presence across growth markets ▪ Cross-selling potential and large-scale production facilities ▪ Enhanced portfolio and customer reach ▪ Highly efficient production sites ▪ Leverage platform for low-carbon mortars, and advanced digital tools across the region Leading UK manufacturer of polymeric sands for the landscaping sector ▪ Highly complementary product portfolios and channels ▪ Fast-growing, highly profitable business ▪ Substantial manufacturing and logistics benefits Japan-based adhesive manufacturer, serving automotive customers across Asia Closing expected mid-2027 ▪ Broader offering lever- aged across Sika network ▪ Strong growth platform, enabling access to new high-value markets ▪ Highly complementary production footprint will deliver cost synergies Finja: Closed Akkim: Closed Azpects: Closed Resonac: Signed
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MBCC pre-acquisitions EBITDA MBCC 2025 EBITDA 8 UNIQUE SIKA STRENGTH TO LEVERAGE AKKIM GROWTH AKKIM SALES TO DOUBLE TO CHF 440 MN WITHIN FIVE YEARS Akkim Sales Expansion ▪ Expanding channel access and leverage complementary product portfolio ▪ Adding scale and distribution reach across geographies ▪ Accelerate growth in dedicated consumer product channelsAkkim 2025 sales Akkim FC sales CHF 220 mn CHF 440 mn x2 Expected to double sales to CHF 440 mn within 5 years
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9 DEMAND-DRIVEN INVESTMENTS IN PLANTS AND NETWORK ACTIONS TO ACCELERATE PROFITABLE GROWTH New plant in Colombia Mortars, tile adhesives, interior wall finishing, acrylic coatings, and concrete admixtures New plant in Florida, USA State-of-the art concrete admixture facility New plant in Argentina Dry mortar products New plant in Tanzania Mortars, admixtures, specialized grouts for mining and construction New plant in Bangladesh Concrete admixtures and mortars New plant in New Jersey, USA Large-scale mortar production plant New plant in Belgium Plant and technical center for concrete admixtures New national subsidiary in Kyrgyzstan Expanding Sika’s global network to 103 national subsidiaries
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2. Financial Performance
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11 STRONG PERFORMANCE IN A MUTED UNDERLYING MARKET NET SALES BRIDGE NINE-MONTHS 2026 +423.8 +108.7 Organic excl. China Construction Acquisitions 9M 2026 adj. in LC excl. China Construction -127.2 China Construction 9M 2026 adj. in LC -271.6 FX Impact 9M 2026 (reported) 8’983.3 8’711.8 8’578.1 9M 2025 (reported) +6.2% FXOPERATIONAL +1.6% -3.2% -1.4% +4.8%
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in CHF mn H1 2025 H2 2025 H1 2026 Q3 2026 Sales 5,676.4 5,524.9 5,589.8 3,122.0 0.6% -1.5% 2.9% 4.6% 1.0% 1.0% 1.1% 1.5% 1.6% -0.5% 4.0% 6.1% 12 LOCAL CURRENCY GROWTH OF 6.1% IN Q3 2026 POSITIVE GROWTH TRAJECTORY acquisition organic in LC
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STRONG PERFORMANCE IN THE FIRST NINE MONTHS 2026 13 RESILIENT MARGIN PROFILE in CHF mn 2025 NS 2026 NS Growth Net sales 8,578.1 100% 8,711.8 100% 1.6% Gross result 4,714.7 55.0% 4,822.0 55.4% 2.3% Personnel expenses -1,620.6 -18.9% -1,616.4 -18.6% -0.3% Other OPEX -1,449.4 -16.9% -1,529.4 -17.6% 5.5% EBITDA 1,644.7 19.2% 1,676.2 19.2% 1.9% Depreciation and amortization -406.8 -4.8% -410.4 -4.7% 0.9% EBIT 1,237.9 14.4% 1,265.8 14.5% 2.3% Net profit 870.9 10.2% 887.8 10.2% 1.9% EPS, diluted 5.42 5.52 1.8%
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14 EBITDA MARGIN STABLE AT 19.2% ACTIVE MARGIN MANAGEMENT DELIVERING RESULTS +0.5% +0.6% +0.2% EBITDA 9M 25 (reported) Organic Material Margin Increase Non-Mat Cost Growth / One Timers Fast Forward M&A Synergies Dilution from new Acquisitions -0.1% FX Impact EBITDA 9M 26 (reported) EBITDA 9M 26 Pre-FX 19.2% -0.2% 19.3% 19.2% Transportation cost -1.0%
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3. Strategy Execution
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GLOBAL LEADER IN A CHF 100 BN INDUSTRY ATTRACTIVE FRAGMENTED MARKET Sika Market Share 12% 2x size of closest peer Sika Target Markets Value-add product focus Top 30 competitors (incl. Sika) account for 50% of market Building Finishing ~15% of total sales Industry ~15% of total sales Roofing ~15% of total sales Engineered Refurbishment ~10% of total sales Waterproofing ~10% of total sales Sealing & Bonding ~10% of total sales Concrete ~15% of total sales Flooring & Coating ~10% of total sales 16 12%
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INFRASTRUCTURE BALANCED BUSINESS MIX DIVERSIFIED EXPOSURE SUPPORTS RESILIENCE COMMERCIAL RESIDENTIAL AUTOMOTIVE & INDUSTRY 17 SALES 20% SALES 30% SALES 15% SALES 35% 55% 45% New Build Refurbishment 59% 41% Emerging Markets Mature Markets
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INNOVATION IS OUR SUSTAINABLE ADVANTAGE 18 R&D DRIVES DIFFERENTIATION, MARKET SHARE, MARGIN WE INVEST CHF 280 mn annual R&D investment 1,800+ R&D specialists 16 global technology centers 100+ local R&D facilities R&D infrastructure competitors cannot easily replicate WE CREATE 234 new inventions in 2025 alone 5,500+ patents held worldwide across 5 core technology platforms Differentiated solutions, designed for customers, protected by IP WE DELIVER 23-25% of sales from products younger than 5 years +3-5 pp material margin typically on these products Investment that converts to growth and margin
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FAST FORWARD DRIVES PRODUCTIVITY & GROWTH 19 STRUCTURAL SAVINGS AND INVESTMENTS Structural Savings CHF 108 mn One-off Costs (2025) CHF 80-110 mn Expected Savings (by 2027) Investments into Growth CHF 120-150 mn Investments (2026-2028) CHF 70-90 mn Expected Benefits (by 2028)
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20 UP TO CHF 110 MILLION OF RECURRING SAVINGS BY 2027 FAST FORWARD STRUCTURAL ADJUSTMENTS WITH STRONG ROI Supply chain footprint/ portfolio simplification ▪ Further optimize production and supply chain footprint ▪ Streamline capacity in selected markets ▪ Simplify product line coverage and selected application overlap Efficiency acceleration ▪ Streamline operational and functional staffing according to market prospects ▪ Functional alignment across the organization Total One-off Costs 2025 CHF 108 mn 2026 2027 ~70% ~30% Impact on EBITDA* *CHF 86.2 million were recognized in EBITDA in 2025 Annual Benefits by 2027 Up to CHF 110 mn
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FAST FORWARD – DECISIVE ACTIONS TAKEN IN WEAK MARKETS 21 SIMPLIFICATION AND CONSOLIDATION OF FOOTPRINT IN CHINA Footprint rationalization China revenue split ▪ Footprint consolidated in 3 regions: Yangtze River Delta, Greater Bay Area, Chengdu-Chongqing – Closed 5 own sites – Reduced network by 9 third-party OEM plants – Higher efficiency through automation and localization ▪ Sales offices streamlined across China ▪ China strengthened as export hub for Asia/Pacific Note: 2026E based on annualized YTD August 2026 values. Revenue split is approximate. Source: National Bureau of Statistics o f China Distribution Construction Direct Construction Automotive & Industrial China amounts to ca. 8% of group
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FAST FORWARD INVESTMENTS DRIVE GROWTH AND PRODUCTIVITY 22 EXTENDING SIKA’S DIGITAL LEADERSHIP CHF 120-150 Million Investments (2026-2028) Foundation Data & AI, Governance, People Enhance Customer Value Accelerate Innovation Supply Chain Excellence 2026 2027 CHF 70-90 mn 2028 15% 35% 50% Annual Benefits by 2028
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FAST FORWARD – INVESTMENTS INTO GROWTH SCALING DIGITAL AND AI ACROSS THE BUSINESS Continue to gain market share with further digital and AI initiatives to drive full impact Supply Chain Excellence Accelerate InnovationEnhance Customer Value Connected end-to-end supply chain, Digital factory Digital lab, Explore new business models B2B E-Shop, EPDs, digital sales support Product data and compliance at scale AI-insights with Digital Labs AI-enabled forecasting and inventory optimization New AI-based customer journeys Physical AI and Robotics Procurement and raw material intelligence DIGITAL INITIATIVE PIPELINE … … … 23
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DIGITAL FACTORIES FOR SECURE DATA-DRIVEN OPERATIONS FAST FORWARD – SUPPLY CHAIN EXCELLENCE 24 Enhancing operations with IT, enabling our shopfloor to run data driven use cases and improve operational efficiency Faster turnover Lower logistics and operations costs Reduced Net Working Capital 40+ factories implemented incl. global key Sika factories Energy -30% Process Time -50% USE CASE 1 USE CASE 2 AI-DRIVEN ENERGY SAVINGS Predict equipment issues through energy spikes and improve consumption forecasts for regulatory reporting DATA-DRIVEN EFFECTIVENESS IMPROVEMENT Reduce quality assurance process times for higher daily production capacity
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TURNING R&D KNOWLEDGE INTO FASTER TIME-TO-MARKET FAST FORWARD – ACCELERATE INNOVATION – NUAGE NUAGE – R&D KNOWLEDGE PLATFORM ▪ Owned by Sika, and connecting all global R&D activities to share knowledge across Sika ▪ Continuously enriching our scientific data with lab, formulation and process data ▪ Using AI and Machine Learning to optimize formulations and reduce physical experimentation Knowledge Base R&D Productivity 400,000+ R&D data points >50% faster time-to-market R&D DATA AI / ML FASTER LEARNING Connect knowledge Learn and predict Accelerate development
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4. Business Implementation
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2024 FC 2028 COMPLETE SOLUTIONS FOR ENERGY INFRASTRUCTURE 27 ENABLING ONE OF WORLD’S LARGEST HYDRO POWER SOLUTIONS Sika’s broad portfolio offering delivers performance at mega scale for global hydro power projects, enhancing durability, resilience, and efficiency. Concrete Admixtures Anchoring Injections Joint Waterproofing Grouts Resinous Flooring The Diamer-Basha Dam in Pakistan Shotcrete Protective coatings +15% p.a. Growth CAGR (‘24-’28)+15% Hydro power energy estimated average market growth
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COMPLETE SOLUTIONS FOR ENERGY INFRASTRUCTURE 28 ADVANCED TECHNOLOGIES FOR WIND ENERGY Sika delivers performance for an expanding installed base and accelerates adhesive adoption ▪ Sika's proprietary solutions for blade repair and protection ▪ Grouting and durable bonding solutions, debonding, and high- performance admixtures Sika is supplying advanced technologies for the Wind energy market, as the industry seeks more efficient production processes, end-of- life blade management and robust foundations. Grouts Admixtures Repair solutions Structural bonding Blade protection
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COMPLETE SOLUTIONS FOR MINING INFRASTRUCTURE 29 DRIVING PERFORMANCE FOR LARGE SCALE OPERATIONS Sika solves complex infrastructure challenges in mining, creating opportunities across repair, protection, and asset integrity solutions ▪ Comprehensive repair and protection solutions ▪ Combining specialized technical expertise with compatible, long-term solutions for critical mining infrastructure Sika is supplying advanced concrete technologies for a large-scale copper mining operation that produces 149,000 tons of copper concentrate annually. Copper mine in Peru, Ica
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POSITIONED FOR THE NEXT GENERATION OF MOBILITY BATTERY SOLUTIONS CREATE CHF 1.2 BN OPPORTUNITY BY 2030 2025 FC 2026 FC 2027 FC 2028 FC 2029 FC 2030 +15% p.a. +15% Growth CAGR (‘25-’30) ▪ Battery technology is a rapidly evolving segment in mobility with significant market growth ▪ New battery concepts create new material and application requirements ▪ Sika’s broad portfolio delivering multiple solutions, driving higher content per unit Estimated average market growth CHF 1.2 bn 30
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SIKA® PURFORM® TECHNOLOGY 31 PATENTED POLYURETHANE PLATFORM Purform® prepolymers allow for: ▪ Precise design of polymers ▪ Design freedom ▪ Ultra-low monomer content Purform® technology Conventional adhesive Purform® technology Conventional adhesive 10x lower dispersity 4x lower viscosity Cost savings Time savings Polydispersity Viscosity Customer benefits with Purform® technology Cost savings up to 80% Time savings up to 100% Intensity (a.u.) Molecular weight M [g/mol] Purform® Conventional
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PURFORM® SUCCESS STORY 32 TRUSTED TECHNOLOGY SOLD GLOBALLY IN ALL REGIONS 3x TRIPLE-DIGIT MILLION CHF ANNUAL SALES Trusted by contractors, tradespeople, and distributors >250 million CHF annual sales 5 PURFORM® product families driving growth +12% Compound annual growth rate in sales (2021- 2025) 17 Patent families with more than 100 local filings 3 Regions EMEA, Asia/Pacific, Americas Sold globally in all
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5. Outlook
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Sales growth in local currencies of 3% to 6% EBITDA margin of 19.0% to 19.5% * Consensus EBITDA of CHF 2,160 million as of 28 July 2026 OUTLOOK 2026 GUIDANCE REITERATED 2028 medium-term strategic targets for sustainable, profitable growth confirmed Sika confirms consensus CHF EBITDA expectations*
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THANK YOU.