Ad hoc announcement pursuant to Art. 53 LR

• Operational improvement: EBIT reported margin increased to 13.0%
• Net profit: CHF 262 million, increased to 10.1% of revenue
• Cash flow from operating activities: CHF 532 million
• Foreign exchange: significant headwinds
• 2026 guidance: confirmed

For the first quarter of 2026, order intake and revenue reached CHF 2 826 million and
CHF 2 593 million, equivalent to a growth in local currencies of 2.8% and 1.7%, respectively. Operating profit increased to CHF 337 million, corresponding to an EBIT margin of 13.0%. The adjusted EBIT margin reached 13.2%. Net profit rose to CHF 262 million, corresponding to a net profit margin of 10.1%. Cash flow from operating activities was CHF 532 million.

About Schindler
Founded in Switzerland in 1874, the Schindler Group is a leading global provider of elevators, escalators, and related services. Schindler’s mobility solutions move more than 2 billion people every day all over the world. Behind the company's success are over 67 000 employees in more than 100 countries. Schindler is committed to reaching net-zero emissions by 2040 through a 90% absolute reduction of its greenhouse gas emissions in scope 1, 2 and 3 from a 2020 baseline as its long-term science-based emission reduction target, while working to neutralize its residual emissions.

More information
Katherine Lee | Head of External Communications
Phone +41 41 445 36 11 | Mobile +41 79 712 94 99
katherine.lee@schindler.com

Lars Brorson | Head of Investor Relations
Phone +41 414 45 40 36 | Mobile +41 79 543 38 74
lars.brorson@schindler.com