Schindler 2022 Earnings Update

Update challenge #5: China NI market to further contract Accelerated market contraction aggravated by lockdowns Lockdown periods Q1 3 2 5 1 1 2 Z Q2 Jan Feb Q1 XJ Schindler Henan March April May June 22 Q2 Schindler China Jan Feb March April May June Shanghai Q1 Q2 Volkslift Schindler Key actions Support to China staff in lockdowns Readiness plan for potential future lockdowns Ramp-up of fulfillment capacity to catch-up delayed construction sites and revenue Restructuring program for market contraction Jan Feb March April May June Zhejiang CHINA Production stopped Partial production Re-opening ramp up 8 | Schindler 2022 | We Elevate | July 22, 2022 | Investor Relations. Schindler

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