Schindler Annual Results 2021 slide image

Schindler Annual Results 2021

Challenge #1: foreign exchange burden Pressure expected to continue due to Swiss franc strength Impact on revenue and EBIT since 2008 -3 809 Revenue, CHF million -507 EBIT, CHF million >90% of revenue in other currencies than CHF 2021 100 January 1, 2008 CNY/CHE BRL/CHF 2015 6 | © Schindler 2022 | We Elevate February 16, 2022 | Investor Relations OpEx Revenue -8% USD/CHF www 19% Significant translation exposure Swiss franc is the reporting currency for Group accounts Exposure from corporate functions in Switzerland Over-proportional OpEx exposure to CHF -37% EUR/CHF →Measures to counter translation exposure Mitigation of CHF cost exposure Www-74% December 31, 2021 CHF EUR USD CNY INR BRL Others Continued alignment of competences and resources to strategic markets Minor transaction exposure Dealt with by systematic hedging process Schindler
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