24 Disposal of subsidiaries

The Group divested Schindler Elevator Company Ltd., South Korea, on December 1, 2025. In the previous year, the Group divested Jardine Schindler Lifts Ltd., Taiwan. These disposals did not have a material impact on the Group’s consolidated financial statements in either the reporting year or the previous year. The disposals resulted in a total cash inflow of CHF 7 million in the reporting year (previous year: cash inflow of CHF 12 million).