FINANCIAL RESULTS 2012 CONTINUED REVENUE GROWTH, ABOVE AVERAGE INCREASE IN PROFIT AND FURTHER INVESTMENTS IN EMERGING MARKETS

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1 FINANCIAL RESULTS 2012 CONTINUED REVENUE GROWTH, ABOVE AVERAGE INCREASE IN PROFIT AND FURTHER INVESTMENTS IN EMERGING MARKETS SIKA ROADSHOW PRESENTATION / BAAR MARCH 2013 SHORT LIST World market leader in construction chemicals Highly focused industrial portfolio Successful growth strategy 37% of Group sales from Emerging Markets Active in markets with structural growth Technology leadership and strong market positions ensures healthy margins Solid balance sheet guarantees freedom of action 2 March

2 SIKA S GLOBAL FOOTPRINT Sales CHF 4.83 bn EBITDA CHF mn Presence in 5 continents and 80 countries Over 120 plants employees 3 March 2013 ORGANIZED FOR THE FUTURE MORE EFFICIENT STRUCTURES More efficient management structures Reduction of Group Management from 14 to 9 Alignment of markets and supply chains Geographical concentration with integrated management from customer to production: EMEA, Asia/Pacific, North America, Latin America Push & Pull in one hand Marketing realigned following our 7 Target Markets: Concrete, Waterproofing, Roofing, Flooring, Sealing & Bonding, Refurbishment, Industry 4 March

3 ORGANIZED FOR THE FUTURE NEW STRUCTURE OF GROUP MANAGEMENT Group Management from 14 to 9 members, retaining the traditional flat management structures 5 March 2013 ORGANIZED FOR THE FUTURE FROM 6 TO 4 REGIONS EMEA, Asia/Pacific, North America, Latin America Newly formed regions link economic areas and supply chain structures under one management 6 March

4 ORGANIZED FOR THE FUTURE NEW TARGET MARKET ORGANIZATION Push and Pull in one hand Focused research and development Concrete Optimize technical market service Waterproofing Roofing Flooring Sealing & Bonding Refurbishment Industry 7 March 2013 RESULTS

5 HIGHLIGHTS 2012 Sales growth of 5.8% to CHF million 10.7% sales growth in emerging markets Rise in net profit by 31% to CHF 281 million High level of operating free cash flow at CHF 303 million (previous year: CHF 186 million) Successful integration of 8 acquisitions 2011, 3 new acquisitions 2012 Further investments in the emerging markets in new factories in Asia, Latin America and Eastern Europe 9 March 2013 REVENUES 2012 SALES GROWTH DRIVEN BY ACQUISITIONS (in CHF mn) % Net sales Organic growth Acquisition effect Currency effect March

6 SALES GROWTH BY REGIONS GOOD GROWTH IN THE EMERGING MARKETS growth 4% + 1% + 9% + 7% +17% +8% (in LC) organic 4% 7% + 3% + 5% +17% +3% Technokolla Copsa Axim Axim Duochem Yean Il 20% Construction 80% Industry Sika Gulf 37% 1' MM EM 63% Europe North Europe South North America Asia Pacific Latin America IMEA 11 March 2013 GROSS RESULT DEVELOPMENT IMPROVEMENT WITH BUNDLE OF MEASURES % 51.6% 55.1% 53.9% 50.5% 52.2% Gross result 12 months average 12 March

7 COST DEVELOPMENT (in CHF mn) Variance Variance absolute % Net sales % Total non material cost* % Adjusted by: Acquisitions, One offs, Restructuring Net Sales organic % Total non Material Cost* % whereof: Personnel Expenses Comparable % Other OPEX Comparable % * Excluding depreciation 13 March 2013 EBIT ABSOLUTE AND RELATIVE 2012 BY REGION (in CHF mn) 18.4% 13.4% 10.5% 8.5% 9.9% 10.0% Europe North Europe South North America Asia / Pacific Latin America IMEA 14 March

8 OVERVIEW OF P&L INCREASE IN NET PROFIT BY 31% (in CHF mn) 2011 % NS 2012 % NS Growth Net Sales % % 5.8% Gross result % % 9.3% Non-material cost % % 6.7% EBITDA % % 19.2% Depreciation / Amortization / Impairment EBIT % % 23.5% Financial expense Income taxes Net profit % % 30.9% Tax rate 31.9% 28.5% Op. Free Cash Flow % % 62.5% ROCE in % March 2013 CONSOLIDATED BALANCE SHEET (in CHF mn) var. vs. PY Cash and cash equivalents Other current assets Current assets Non-current assets Total assets Current liabilities Non-current liabilities Equity incl. minorities Total liabilities and equity Equity ratio 48.0% 47.1% Net Debt Gearing (Net Debt/Total Equity) 18.4% 7.7% 16 March

9 NET WORKING CAPITAL STRONG IMPROVEMENT OVER THE YEARS at actual FX rates in CHF mn 2010 YE 2011 YE 2012 YE Net sales 4' ' '828.9 = Total NWC year end in % NS 18.1% 19.8% 18.7% at constant FX rates (Budget 12) 20.1% 19.7% 19.0% March 2013 CASH FLOW STATEMENT (in CHF mn) Cash flow from operating activities CapEx/Sale of assets/acquisitions Free cash flow Acquisitions / Divestment Operating free cash flow March

10 PROPOSED APPROPRIATION OF RETAINED EARNINGS BOARD PROPOSES 13% HIGHER DIVIDEND Dividend payment (in CHF mn) CHF per bearer share CHF 8.50 per registered share Group profit (after minorities) Dividend out of retained earnings: out of capital contribution reserves: Dividend total Total payout ratio 53.1% 46.1% 19 March 2013 FINANCIAL TARGETS Targets Year average Net sales growth (in LC) EBITDA in % net sales Profit in % net sales OpFCF in % net sales (Net profit based) ROCE in % (EBIT based) 8-10% 7.3% -3.9% 6.3% 15.5% 5.3% 6.1% 12-14% 12.0% 13.0% 13.1% 10.5% 11.8% 12.1% >6% 5.8% 6.5% 7.0% 4.7% 5.8% 6.0% 4-6% 3.6% 8.9% 7.5% 4.1% 6.3% 6.1% 20-25% 20.3% 19.3% 21.3% 15.6% 18.3% 19.0% 20 March

11 STRATEGY AND OUTLOOK SUMMARY OFSTRATEGY SIKA S GROWTH MODEL WILL DELIVER IN Market penetration from roof to floor (cross selling) from new build to refurbishment (life cycle) push and pull market channels (branding) 2. Global technology leadership innovations in technology and sustainability in all 7 target markets 3. From Mature to Emerging Markets Emerging Markets with strong structural growth 37% of sales in Emerging Markets build up of supply chains and technical competence 4. Leading role in market consolidation (acquisitions) 22 March

12 HIGH GROWTH OPPORTUNITIES MARKET PENETRATION BY TARGET MARKET 23 March 2013 MARKET PENETRATION SUBSTANTIAL GROWTH POTENTIAL From roof to floor (cross selling) From new build to refurbishment (life cycle) Push and pull market channels (branding) 24 March

13 GLOBAL TECHNOLOGY LEADERSHIP CONTINUOUS DEVELOPMENT OF NEW PRODUCTS Fast curing Sikalastic waterproofing system for bridge decks 25 March 2013 GLOBAL TECHNOLOGY LEADERSHIP CONTINUOUS DEVELOPMENT OF NEW PRODUCTS SikaPower bonding of crash resisting car structures Audi A1, A3, Q7 BMW X5, 5 and 7 series VW Golf A7, Passat B7, Touareg Mercedes S class, C class Porsche 911, Cayman, Panamera, Cayenne JLR New Range Rover Skoda Yeti, Fabia, Rapid, Octavia Fiat Mito, Ducato 26 March

14 GLOBAL TECHNOLOGY LEADERSHIP CONTINUOUS DEVELOPMENT OF NEW PRODUCTS New products based on i Cure technology, odorless, solvent free Sikaflex 222i UV High weathering resistance Suitable for organic glass Good workability Stress crack free windows 27 March 2013 FROM MATURE TO EMERGING MARKETS 37% OF SALES IN EMERGING MARKETS (in CHF mn) Net sales 2012: CHF 4'829 Net sales 1990: CHF 1'095 9% 37% 91% 63% Mature Markets Emerging Markets 28 March

15 FROM MATURE TO EMERGING MARKETS WITH ABOVE AVERAGE PROFITABILITY (in CHF mn) >40% of Group EBIT 18.4% 13.4% 10.5% 8.5% 9.9% 10.0% Europe North Europe South North America Asia / Pacific Latin America IMEA 29 March 2013 FROM MATURE TO EMERGING MARKETS ACTIVE IN MARKETS WITH STRUCTURAL GROWTH Example admixtures: Concrete consumption Admixture penetration Global China Other Emerging Markets Mature Markets Emerging Markets million tons million tons million tons 100% 15 40% Economic development and build up of infrastructures will push penetration in Emerging Markets to Mature Market levels. 30 March

16 FROM MATURE TO EMERGING MARKETS POTENTIAL IN NEW INFRASTRUCTURE PROJECTS High speed train network in China: 2007: 0 km; 2010: km; 2020: km 31 March 2013 BUILD UP OF EMERGING MARKETS For example: 3 rd factory Brazil 2 nd factory Chile New PVC / Powder / PC / Coatings line in China 4 th factory Colombia LAM production line in Mexico 1 st factory Mongolia Admixture plant Peru 2 nd factory Russia 2 nd factory Vietnam Mongolia, Ulaan Baatar Vietnam, Hanoi 32 March

17 LEADING ROLE IN MARKET CONSOLIDATION SUCCESSFULLY COMPLETED 3 ACQUISITIONS Company Country Region Target Market Yean Il South Korea Asia/Pacific Waterproofing Ruetgers Germany EMEA Flooring Inatec Paraguay Latin America Concrete Successful integration of 8 acquisitions of March 2013 MARKET OUTLOOK 2013 Asia/Pacific: double digit growth expected in China and Southeast Asia, stable volumes in Japan and Pacific Latin America: double digit growth expected North America: single digit growth expected EMEA: Europe with uncertainties and negative effects on the construction markets 34 March

18 CONFIRMATION OF MEDIUM TERM TARGETS 2013 Sales growth 4% 6% EBITDA 12% 14% Net profit >6% OpFCF 4% 6% ROCE 20% 25% 35 March 2013 FORWARD LOOKING STATEMENTS The statements in this presentation relating to matters that are not historical facts are forward looking statements. They are no guarantee of future performance and involve risks and uncertainties with regard to future global economic conditions, foreign exchange rates, regulatory rules, market conditions, the actions of competitors and other factors beyond the control of Sika. 36 March