Connectivity as the norm

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Annual Report 2025

Annual Report 2025

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Annual Report 2025

Annual Report 2025
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Table of contents for the Annual Report 2025 report

Chairman of the Board of Directors and CEO in conversation Statement of the Board of Directors About Schindler Business modelSustainability

The Sustainability Roadmap 2030 Progress across our Sustainability Roadmap 2030

Business driversEnhancing the quality of urban living

Warsaw, Poland Shanghai, China Bangkok, Thailand San Francisco, USA

Innovation and technologyBusiness review

Connectivity as the norm Modular product offering Business year 2025

Information for our shareholders

Five year overview Registered share/participation certificate Key sustainability figures Financial calendar

Financial Statements

Consolidated Financial Statements

Consolidated income statement Consolidated statement of comprehensive income Consolidated balance sheet Consolidated statement of changes in equity Consolidated cash flow statementNotes to the consolidated financial statements

1 General information 2 Basis of preparation 3 General accounting policies 4 Revenue 5 Segment reporting 6 Employees 7 Other operating expenses 8 Financial result 9 Financial instruments and risk management 10 Accounts receivable 11 Financial assets 12 Accounts payable 13 Accrued expenses 14 Financial debts 15 Contract balances 16 Inventories 17 Property, plant, and equipment 18 Leases 19 Intangible assets 20 Provisions and contingent liabilities 21 Income taxes 22 Equity and earnings per share 23 Business combinations 24 Disposal of subsidiaries 25 Cash flow statement 26 Related parties 27 Material Group companies

Report of the statutory auditor

Financial Statements of Schindler Holding Ltd.

Income statement Balance sheetNotes to the financial statements

1 Business activities 2 Basis of preparation 3 Financial result 4 Financial assets 5 Investments 6 Interest bearing liabilities 7 Other current liabilities 8 Derivatives 9 Equity 10 Contingent liabilities 11 Share based payments 12 Significant shareholders

Appropriation of available earnings Report of the statutory auditor

Corporate Governance

1 Group structure and shareholders 2 Capital structure 3 Board of Directors and Committees of the Board 4 Group Executive Committee 5 Compensation, participations, and loans 6 Shareholders’ participation rights 7 Change of control and defensive measures 8 Auditing body 9 Information policy 10 Close periods

Compensation Report

1 Governance 2 Compensation principles 3 Compensation system for the Board of Directors 4 Compensation system for the Group Executive Committee 5 Compensation for the reporting year 6 Compensation for the previous year 7 Benefits for former members of governing bodies 8 Loans and credits 9 Proposals to the General Meeting of Shareholders 2026 10 Levels of participation 11 External mandates Report of the statutory auditor

Nonfinancial Report

1 General information 2 Environmental information 3 Social information 4 Ethics and integrity governance 5 Key figures and performance indicators 6 About this report GRI content index TCFD / Swiss Ordinance on Climate Disclosures content index Independent practitioner’s limited assurance report

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Connectivity as the norm

By the end of 2025, Schindler’s maintenance portfolio saw continued expansion of cloud connectivity, enabling more remote monitoring, faster issue detection, fewer on‑site interventions, and improved customer experience. The share of connected units in the maintenance portfolio increased by a further 10% compared with the previous year.