Schindler 2022 Earnings Update

Update challenge #5: China NI market to further contract Market contraction above 15% materializing Floor space sold further declined across all city tiers 1) 120% 100% 80% 60% H 40% 20% 0% -20% -40% -60% Mad Housing inventory back at alert levels months consumption Upper alert lever 30 25 20 15 10 5 Lower alert level o 2014 2015 2016 2017 2018 2019 2020 2021 2022 2014 2015 2016 2017 2018 2019 2020 2021 2022 Tier 1 Tier 2 Tier 3/4 1) Six months average by city tier (June 2022) 2) Housing inventory by city tier (months of sales/June 2022) 11 Schindler 2022 | We Elevate I July 22, 2022 | Investor Relations Tier 1 Tier 2 Tier 3/4 Schindler

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