Notes

Loans granted to group companies increased by CHF 10.9 million in the reporting year. The increase is primarily attributable to the acquisition of subsidiaries.

Interest-bearing liabilities include an unsecured short-term bank loan procured to finance the acquisition of subsidiaries.

The share capital of CHF 0.9 million consists of 6 000 000 registered shares of CHF 0.15 nominal value.

A total of 4 500 (prior year: 7 390) treasury shares were purchased in the reporting year at an average purchase price of CHF 70.63 (prior year: CHF 67.88) per share. No treasury shares were sold in the year under review (prior year: 129 at an average sale price of CHF 83.40 per share). A total of 2 379 (prior year: 2 465) shares with a vesting period of three years (with no further performance, profit or other vesting conditions) were definitively awarded in the form of share-based remuneration in the year under review. The resulting personnel expense at a share price on assignment of CHF 64.44 (prior year: CHF 84.73) per share amounted to CHF 0.2 million (prior year: CHF 0.2 million). A further 3 357 (prior year: 3 426) treasury shares were transferred to group companies for their share-based remuneration at an average transaction value of CHF 64.44 (prior year: CHF 84.73) per share.

The average number of employees (in full-time equivalents) was below ten in both the year under review and the prior year.

As at the balance sheet date, there were off-balance-sheet leasing obligations of CHF 0.1 million (prior year CHF 0.0 million).

Total guarantees for obligations to third parties amount to CHF 18.3 million (prior year: CHF 19.2 million). As in the prior year, CPH Group AG continues to provide a guarantee of up to CHF 10.0 million for the obligations of Zeochem AG, Rüti (Switzerland) towards Canton Zurich in respect of the lake bed clean-up in Uetikon (Switzerland): see also Note 20, Provisions, in the notes to the consolidated financial statements. Further guarantees totaling CHF 8.3 million exist for group companies’ liabilities (prior year: CHF 9.2 million).

Under the corresponding group taxation provisions, CPH Group AG is jointly and severally liable for the value-added tax obligations of its Swiss-domiciled companies.

No events occurred between the balance sheet date and 9 February 2026, the date of the approval and release for publication of these annual financial statements by the Board of Directors, which would require adjustments to the company’s assets, equity and liabilities or would need to be disclosed here. These financial statements are also subject to the approval of the Annual General Meeting of 17 March 2026.