2025

Sika has made a strategic investment in Giatec™ Scientific Inc., a global leader in digital concrete technology platforms specializing in smart testing and AI-driven solutions, headquartered in Canada. Giatec develops advanced sensors, software, and data analytics tools to optimize concrete quality, durability, and sustainability, from production and delivery to placement. This investment represents a significant milestone in Sika’s overall digital strategy, helping the construction industry to improve efficiency and reduce carbon footprint.

Sika and Sulzer have signed a memorandum of understanding to establish a joint venture to advance plastics recycling in the construction industry. The aim is to combine the strengths of both companies: Sika's extensive expertise in polymer applications and high-performance building materials and Sulzer's leading process knowledge in chemical recycling. The joint venture, based in the Zurich area, will be founded as an independent company, with each partner holding a 50 percent stake. Operational activities will commence in the second half of 2025 with pilot projects in Germany, Austria and Switzerland.

Ad hoc announcement pursuant to Art. 53 LR

▪ Growth in local currencies of +1.9% (growth in CHF: +1.1%)
▪ Q1 sales of CHF 2,678.3 million (previous year: CHF 2,648.0 million)
▪ Organic growth of 0.9%
▪ Acquisition effect of 1.0%

Targeted investment in future growth:
▪ Acquisition of Elmich (Singapore), Cromar (UK), and HPS (USA)
▪ Opening of new factories in Singapore, Xi’an (China), Quito (Ecuador), and Ust-Kamenogorsk (Kazakhstan)

Outlook for fiscal 2025:
▪ Sika confirms the outlook, but points to increased market uncertainties arising from potentially prolonged trade conflicts
▪ Expected sales increase in local currencies of 3-6%
▪ Over-proportional increase in EBITDA and EBITDA margin of between 19.5%-19.8%

▪ Confirmation of 2028 strategic mid-term targets for sustainable, profitable growth

Sika has opened a new production facility in Ust-Kamenogorsk with production lines for mortar and concrete admixtures, as well as a modern laboratory. The plant is Sika’s fourth factory in Kazakhstan and is located in a key industrial region in the eastern part of the country. As a leader in construction chemicals, Sika is also involved in large-scale projects in Kazakhstan, a fast-growing market.

With the opening of the new plant in Quito, Sika further strengthens its presence and proximity to customers in Ecuador. This strategic investment enhances Sika’s ability to tap into Ecuador’s full market potential for its mortar solutions, which will be primarily used for interior walls and tile adhesives.

Ad hoc announcement pursuant to Art. 53 LR

All the Board of Directors's proposals were approved by the shareholders at the 57th Annual General Meeting of Sika AG on March 25, 2025.

▪ High-gloss, color-stable, and durable flooring coatings
▪ Low-emission products with excellent application properties and up to 90 percent less volatile organic compounds (VOCs) compared to conventional hardeners*
▪ Curing at low temperatures for outdoor flexibility

Sika has fully acquired HPS North America, Inc., a successful supplier of building finishing materials. HPS distributes Schönox branded products, manufactured by Sika Germany, in the US market. Fully integrating this business into Sika USA will create a strong platform for further expansion in the building finishing segment and lead to significant efficiency gains.

Sika today successfully placed a bond with a total amount of CHF 500 million through a triple tranche. The payment date of the bonds is March 24, 2025. The bonds were placed under the lead management of BNP Paribas, UBS and Zürcher Kantonalbank. They will be listed on the SIX Swiss Exchange.

Sika has acquired Cromar Building Products, a well-established supplier of roofing systems in the UK, mainly serving its customers through the distribution channel. The acquisition opens up significant cross-selling potential and will support Sika’s further expansion in the UK roofing sector.

Ad hoc announcement pursuant to Art. 53 LR

▪ March 25, 2025, confirmed as date for the 57th Annual General Meeting
▪ With the exception of Monika Ribar, all members of the Board of Directors are standing for re-election
▪ The Board of Directors proposes to elect Kwok Wang Ng as a new member of the Board of Directors
▪ Gross dividend of CHF 3.60 per share proposed (previous year: CHF 3.30)
▪ The Board of Directors proposes to streamline the compensation cap for the variable compensation of the Group Management and amend the Articles of Association

Ad hoc announcement pursuant to Art. 53 LR

▪ Sika posts net sales of CHF 11,763.1 million (+4.7% in CHF) in 2024
▪ Sales growth of 7.4% in local currencies
▪ Increase in material margin to 54.5% (2023: 53.6%)
▪ 11.0% growth in operating profit before depreciation and amortization (EBITDA) to CHF 2,269.5 million (previous year: CHF 2,044.7 million)
▪ Strong increase in EBITDA margin to 19.3% (2023: 18.2%)
▪ 17.4% jump in net profit to CHF 1,247.6 million (previous year: CHF 1,062.6
million)
▪ 16.7% increase in diluted earnings per share to CHF 7.76 (previous year: CHF 6.65)
▪ Proposed dividend per share of CHF 3.60 (previous year: CHF 3.30)

Outlook for fiscal 2025:
▪ Expected sales increase in local currencies of 3-6%, and
▪ over-proportional increase in EBITDA and rise in EBITDA margin to 19.5%-19.8%

▪ Confirmation of 2028 strategic mid-term targets for sustainable, profitable growth

Sika has acquired Elmich Pte Ltd, a leading supplier of urban greening systems headquartered in Singapore. Elmich’s first-class products are highly regarded by specifiers and its solutions have been used in many iconic buildings in Singapore and Australia. The acquisition complements Sika’s roofing portfolio in the region and strengthens its specification business for commercial and residential projects.

Sika has opened two state-of-the-art plants in Singapore and in Xi'an, Northwest China. The newly built plant in Singapore specializes in the production of mortars, while the Xi'an facility manufactures a full range of Sika products, including tile adhesives, cementitious waterproofing, and flooring solutions. With both plants, Sika will be able to respond better to local market demands, while significantly reducing logistical distances.

Ad hoc announcement pursuant to Art. 53 LR

▪ Sika posts record sales of CHF 11.76 billion (+4.7% in CHF) in 2024
▪ Sales growth of 7.4% in local currencies (foreign currency impact of -2.7%)
▪ Strong acquisition momentum: MBCC integration with higher synergies and local acquisition of Kwik Bond in the USA, Vinaldom in the Dominican Republic, and Chema in Peru
▪ Organic growth of 1.1% for the full year and 1.7% for the second half of the year
▪ Investment in further growth: commissioning of new plants in Peru, China and Indonesia

Outlook for fiscal 2024:
▪ Over-proportional increase in EBITDA expected
▪ Confirmation of 2028 strategic targets for sustainable, profitable growth