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We Elevate

Profit development Significant negative FX impact Q4 2020 EBIT adjusted bridge (CHF million) 364 2019 Margin 12.1% 2 -25 in CHF million FY 2020 341 1'314 EBIT adjusted bridge (CHF million) -33 (-) fixed cost / pricing pressure (-) inflation and COVID (-) strategic investments (+) operational measures -96 BRL EUR ■ USD ■ RMB ■ Others in CHF million 1'185 Operational FX impact 2020 2019 Operational FX impact 2020 Margin 11.7% Margin 11.7% Margin 11.1% 27 I Schindler 2021 | We Elevate February 17, 2021 | Investor Relations Schindler
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