SIKA AG ANNUAL

Remuneration Report

COMPENSATION REPORT Commitment to openness and transparency The Compensation Report describes the compensation principles and programs, The Compensation Report is written in accordance with the Swiss Code of Obligations, the standard relating as well as the governance framework related to the compensation of the Board to information on Corporate Governance of the SIX Swiss Exchange, and the principles of the Swiss Code of Best Practice for Corporate Governance by economiesuisse. of Directors and the members of Sika’s Group Management. The report also provides details regarding the compensation programs and the payments made to members of the Board of Directors and of Group Management in the 2025 business year. AT A GLANCE STRATEGY RISK MGMT PERFORMANCE SUSTAINABILITY LEADERSHIP GOVERNANCE COMPENSATION FINANCE 197 Introduction by the Chair of the Nomination In the reporting year, the Nomination and Compensation Committee continued to focus on succession planning and Compensation Committee for positions on the Board of Directors and Group Management. Further, it performed its regular activities on compensation matters throughout the year, such as the annual review of the compensation programs, the Dear Shareholders, performance goal-setting and performance assessment of Group Management, the determination of the compensation of the members of the Board of Directors and Group Management, as well as the preparation of In the name of the Board of Directors and the Nomination and Compensation Committee, I am pleased to the Compensation Report and the say-on-pay votes at the Annual General Meeting. In the context of the annual introduce the 2025 Compensation Report. review of the compensation programs applicable to Group Management, the Nomination and Compensation Committee proposed to increase the maximum payout from 150% to 200% for both the short-term incentive The Compensation Report outlines the compensation principles and programs, along with the governance (STI) and long-term incentive (LTI) plans in order to encourage and reward strong performance, as well as to align framework related to the compensation of the Board of Directors and Group Management. It provides a detailed with prevailing market practice. To this effect, the shareholders approved a change in the Articles of Association overview of the compensation awarded to the members of the Board of Di