2023

Ad hoc announcement pursuant to Art. 53 LR

▪ Sika posts sales of CHF 10.49 billion in 2022
▪ Sales growth of 15.8% in local currencies (+13.4% in CHF)
▪ Further growth platforms secured with acquisitions of Sable Marco (Canada) and UGL (USA)
▪ Closing of MBCC acquisition targeted for first half of 2023
▪ New plants opened in Tanzania, Ivory Coast, Bolivia, USA, and China
▪ Record EBIT and an EBIT margin of 15% anticipated for the 2022 fiscal year
▪ Confirmation of 2023 strategic targets for sustainable, profitable growth

Ad hoc announcement pursuant to Art. 53 LR

▪ Sika AG and INEOS Enterprises have signed an agreement for the acquisition of MBCC Group’s admixtures assets in the US, Canada, Europe, and the UK and its entire operations in Australia, and New Zealand
▪ Divestment is a key milestone for Sika to close MBCC Group acquisition
▪ Sika confirms synergy potential of CHF 160-180 million following expected closing in first half of 2023

Sika has put into operation new production lines for the concrete admixture Sigunit® in Kirchberg, in the Canton of Berne, thereby investing in the expansion of manufacturing capacities in its home market. The shotcrete accelerator is mainly used in tunneling and excavation stabilization. Thanks to its new technology, now also manufactured in Switzerland, major infrastructure projects, such as the second Gotthard road tunnel and important tunnel projects in neighboring countries, will be supplied with the product even more efficiently. The high-performance technology and the shorter transportation routes will also reduce CO2 emissions, allowing construction projects to be delivered in a more sustainable way.

Ad hoc announcement pursuant to Art. 53 LR

All the Board of Directors's proposals were approved by the shareholders at the 55th Annual General Meeting of Sika AG on March 28, 2023

Sika Capital B.V. in the Netherlands, with a guarantee from Sika AG, today successfully completed a triple-tranche bond offering with a total amount of EUR 2,250 million. The payment date of the bonds is May 3, 2023. The bonds were placed under the global coordination of Citigroup and UBS Investment Bank, with Citigroup, UBS Investment Bank and HSBC acting as Active Bookrunners and Credit Suisse as Passive Bookrunner. The bonds are planned to be listed on the Irish Stock Exchange ("Euronext Dublin").

▪ The Board of Directors confirms March 28, 2023 as date for the Annual General Meeting
▪ All current members of the Board of Directors are standing for re-election

Ad hoc announcement pursuant to Art. 53 LR

▪ Sika acquires MBCC business generating CHF 2.1 billion net sales in 2022
▪ Annual synergies expected in the range of CHF 160 – 180 million by 2026
▪ Integration process well prepared and to start as of today
▪ The combined innovation power of Sika and MBCC will accelerate the sustainable transformation of the whole construction industry
▪ Sika set to reach sales in excess of CHF 12 billion in 2023

Sika has significantly expanded its research and development capacities in the Asia/Pacific region and opened a new, state-of-the-art Technology Center in Suzhou, China. The primary focus of this center is the development of sustainable and high-performance technologies with which Sika makes a significant contribution to the transformation of the construction and automotive industries. The new center of excellence will play a key role in tapping market potential throughout the Asia/Pacific region. The investment volume is in the double-digit millions (CHF).

Ad hoc announcement pursuant to Art. 53 LR

▪ Sales up by 7.9% in local currencies
▪ Record first-half-year sales at CHF 5,345.5 million (+1.8% in CHF)
▪ Expansion of material margin to 52.7% (first half of 2022: 49.4%)
▪ Increase in EBIT margin adjusted for acquisition-related costs to 14.0% (first half of 2022: 13.4%)
▪ EBIT adjusted for one-time M&A effects CHF 749.9 million (+6.9%)
▪ Strong foreign currency impact of -6.1%
▪ Completion of MBCC acquisition and consolidation as per May 2, 2023
▪ Front-loaded MBCC integration costs of CHF 89.5 million in first half year
▪ Acquisition of Thiessen Team USA
▪ Opening of new mortar and concrete admixture plant in Eastern India

Outlook for fiscal 2023:
▪ Sales increase in local currencies of above 15%, including MBCC
▪ Over-proportional increase in EBIT confirmed, excluding MBCC

Ad hoc announcement pursuant to Art. 53 LR

Results 2022
▪ Sales of CHF 10,491.8 million (+13.4%), sales increase in local currencies of +15.8%
▪ Operating profit (EBIT) increased to CHF 1,579.7 million (+13.5%), resulting in an EBIT margin of 15.1% (previous year: 15.0%)
▪ Net profit up to CHF 1,162.5 million (+10.9%)
▪ Reduction of CO2eq emissions by -6.9% to 16.4 kg per ton sold
▪ Proposal for dividend increase of 10.3% to CHF 3.20 per share (previous year: CHF 2.90)

Outlook for 2023 fiscal year
▪ Closing of MBCC acquisition targeted for the first half of 2023
▪ Sales increase in local currencies by 6-8% and an over-proportional increase in EBIT anticipated (excluding impact of MBCC acquisition)
▪ Confirmation of 2023 strategic targets for sustainable, profitable growth

Sika performed well against an increasingly difficult economic backdrop and exceeded the CHF 10 billion sales mark for the first time with sales of CHF 10,491.8 million. This corresponds to an increase in Swiss francs of 13.4% year-on-year. The currency effect came to –2.4%. Operating profit (EBIT) increased by 13.5%, reaching a new record figure of CHF 1,579.7 million. This equates to an EBIT margin of 15.1%.