We Elevate

Net profit and cash flow Strong cash flow driven by improved NWC Q4 2020 Net profit 249 -9.2% in CHF million Cash flow 1) 529 226 +18.3% FY 2020 Net profit 626 929 -16.7% Cash flow 1) in CHF million 1'185 774 +33.4% 1'581 Q4 2019 Q4 2020 Q4 2019 Q4 2020 FY 2019 FY 2020 FY 2019 FY 2020 1) Cash flow from operating activities 28 Schindler 2021 | We Elevate February 17, 2021 | Investor Relations 1) Cash flow from operating activities; before settlement of pension obligations (CHF -157 million) CHF 1 342 million Schindler

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