Ad hoc announcement pursuant to Art. 53 LR News Release

New chapter: Oerlikon focused on surface technology and advanced materials on the back of strong order intake

• Oerlikon completed the final step in its pure-play strategy with the closing of the Barmag divestment to Rieter on February 2, 2026, resulting in a net book gain of CHF 287 million to be recognized in 2026.
• Strong order intake, up 6.5% at constant FX, with an acceleration in Q4’25, despite the weak economic environment, especially in Europe, and amid geopolitical uncertainties and trade tensions.
• Sales remained stable at constant FX, supported by aviation and energy, counterbalancing weakness in automotive, general industries and luxury.
• Operational EBITDA margin at 17.3%, structural cost-out actions on track to support the margin, with the divestment unlocking further savings 2026 and 2027.
• Streamlining the automotive and luxury portfolio in H2’25 to position the business for profitable growth, leading to impairments and restructuring charges.
• Considering proceeds from Barmag divestment, Board to propose a dividend payout of CHF 0.85 per share, comprising a stable ordinary dividend of CHF 0.20 per share and a one-time extraordinary dividend of CHF 0.65 per share.
• 2026 outlook: Organic sales at constant FX expected to increase by a low single-digit percentage. Operational EBITDA margin of ~17.5% expected, supported by innovation and continuous improvement actions, mitigating remaining challenges in certain end markets.