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Market outlook 2021 Expected growth but uncertainties remain Market growth in units China APAC w/o China Americas EMEA Global New installations Total Residential Commercial Public transport Existing installations Total Modernization Maintenance Growth across the board - all regions, segments and product lines are expected to grow Political tensions, increasing national debt, historically low interest rates and slowing global trade will continue to affect the global economy Remaining high level of uncertainties due to pandemic Source: Schindler estimates 7 | Schindler 2021 | We Elevate | February 17, 2021 | Investor Relations Schindler

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