On Track to Meet Strategic Growth Targets

The Shard, London On Track to Meet Strategic Growth Targets 2011 Financial Results March 1, 2012

2 Itinerary Welcome (Dr. Walter Grüebler) 2011 Financial Statements (Ronald Trächsel) Trends, Strategy, Outlook (Jan Jenisch) Questions and Answers

One New Change, London Welcome Dr. Walter Grüebler, Chairman of the Board

Strong Sales Growth in Emerging Markets. Emerging markets contribute 36% to Group sales. 4 (in CHF mn) 1 508 1990 2011 293 302 393 520 0 10 28 63 Eastern Europe Africa/Middle East/IMEA Asia (without Japan, Australia, New Zealand, Korea) Latin America 101 Emerging markets total

Result 2011. Robust Growth, But 5 (in CHF mn) 2010 2011 % Net sales 4'416.0 4'556.4 + 3.2 Gross result 2'384.9 2'304.6-3.4 EBITDA 576.7 477.4-17.2 EBIT 439.2 347.1-21. 0 Net profit 310.6 214.8-30.8 Equity ratio in % 44.7 48.0 ROCE in % 21.3 15.6

6 Proposals to the Annual General Meeting Dividend bearer share CHF 45.00 Dividend registered share CHF 7.50 Thereof: Payment out of capital contribution reserves (tax free for individuals in CH) CHF 21.00 (bearer share) CHF 3.50 (registered share) Election: New: Re-election: Frits van Dijk, former executive Nestlé Dr. Paul Hälg, Prof. Dr. Ulrich Suter, Daniel Sauter

2011 Financial Statements Ronald Trächsel, CFO Precaste elements, Nanjing

Sales and EBIT Development 8 2007 2008 2009 2010 2011 4 573 4 625 4 556 Sales (in CHF mn) 4 416 4 155 Organic growth (in %) 13.3% 5.9% -6.2% 6.1% 11.6% 511 EBIT (in CHF mn) 422 401 439 347 EBIT margin (in %) 11.2% 9.1% 9.6% 9.9% 7.6%

Sales Growth 2011 Strong organic growth of 11.6%. 9 (in CHF mn) 2010 2011 % Net sales 4 416.0 4 556.4 + 140.4 +3.2 - Organic growth + 514.8 +11.6 - Acquisition effect + 170.2 +3.9 - Currency effect -544.7-12.3 Acquisitions in 2011: Hebei, Sika Gulf/Bahrain, Biro, Technokolla, Colauto, Copsa, Duochem, Axim

Double Digit Sales Growth in Almost All Regions. Sales growth by Regions: 10 growth +11% +4% +21% +28% +21% +13% organic +11% +2% +16% +14% +21% +10% Net Sales 2011 in CHF mn at Actual FX IT Technokolla ES Copsa CA Duochem US MayNational US Greenstreak CN Hebei JP Dyflex Sika Gulf 1 336 813 614 777 507 264 Europe North Europe South North America Asia/Pacific Latin America IMEA

Construction Sales Represent 81% of Group Sales. Sales by Division. 11 5 000 4 500 4 000 3 500 865 Growth in Local Currencies Industry 12.1% CHF mn 3 000 2 500 2 000 1 500 1 000 3 692 Construction 16.3% 500 0 Full Year 2011

Material cost increase flattened in 2 nd half year. Sales Price increases showed positive impacts in Q4. 12 2007 2008 2009 2010 2011 53.3% 51.7% 55.2% 54.0% 50.6% 54.0% Gross margin development 53.4% +2% +1% +2% 50.5% 49.9% +3% Raw material cost development 48.9% (periodic) 2010 FY av. Q1/2011 Q2/2011 Q3/2011 Q4/2011

Non Material cost good cost control / slight efficiency gains. 13 (in CHF mn) Actual Actual Variance Variance 2010 2011 absolute % Net Sales 4 416.0 4 556.4 140.4 3.2% Total non Material Cost* 1 808.2 1 827.2 19.0 1.1% whereof: Personnel Expenses Comparable 953.7 959.9 6.2 0.7% Other OPEX Comparable 854.5 867.3 12.8 1.5% Number of personnel: 13 700 15 200 1 500 whereof acquisitions 2011**: 1 200 * excl. Depreciation/Amortization/Impairment ** 2011: Hebei, BIRO, Sika Gulf, Technokolla, Colauto, Copsa, Duochem, Axim

EBIT strongly impacted by material price and currency development. 14 (in CHF mn) Actual Actual 2010 % NS 2011 % NS Growth Net Sales 4 416.0 100.0% 4 556.4 100.0% 3.2% Gross result 2 384.9 54.0% 2 304.6 50.6% -340 bpts. Non-Material cost -1 945.7-44.1% -1 957.5-43.0% -110 bpts. EBIT 439.2 9.9% 347.1 7.6% -230 bpts. EBIT variance absolute - 92.1 whereof translation impact - 48.0 FX impact on "Central Cost" - 35.0

EBIT absolute and relative 2011 by Regions: 15 (in CHF mn) 18.6% 9.2% 10.4% 8.3% 12.3% 9.5% 124 85 51 96 94 25 Europe North Europe South North America Asia/Pacific Latin America IMEA

Net Profit 16 (in CHF mn) Actual Actual 2010 % NS 2011 % NS Growth EBIT 439.2 9.9% 347.1 7.6% -230 bpts. Financial expense - 35.8-31.6 Income taxes - 92.8-100.7 Net profit 310.6 7.0% 214.8 4.7% -230 bpts. Tax rate 23.0% 31.9% Tax rate adapted by extraordinary impact 28.5%

Consolidated Balance Sheet (in CHF mn) 17 Actual Actual 31.12.2010 31.12.2011 var. vs. PY Cash and cash equivalents 938.4 536.0-402.4 Other current assets 1 412.6 1 516.4 103.8 Current assets 2 351.0 2 052.4-298.6 Non-current assets 1 589.8 1 778.0 188.2 Total assets 3 940.8 3 830.4-110.4 Current liabilities 1 056.7 820.8-235.9 Non-current liabilities 1 124.5 1 170.5 46.0 Equity incl. minorities 1 759.6 1 839.1 79.5 Total liabilities and equity 3 940.8 3 830.4-110.4

Net Working Capital development impacted by currency development and acquisitions. 18 at Actual FX Rates in CHF mn 2009 YE 2010 YE 2011 YE Actual Actual Actual Net Sales 4'154.9 4'416.0 4'556.4 = Total NWC year end 835.6 802.1 905.3 in % NS 20.1% 18.2% 19.9% at constant FX Rates (Budget 2011) 20.4% 19.7% 19.8% acquisition sales annualized 20.3% 19.3% 19.2%

Cash Flow Statement (in CHF mn) 19 Actual Actual 2010 2011 Cash Flow from Operating Activities 424.8 299.3 CapEx/Sale of Assets/Acquisitions -180.9-263.9 Free Cash Flow 243.9 35.4 Acquisitions / Divestment 88.3 150.7 Operating Free Cash Flow 332.2 186.1

Financial Targets 20 Targets 2007 2008 2009 2010 2011 5 Year average Organic Sales growth (in LC) EBITDA in % Net sales Profit in % Net sales OpFCF in % Net sales ROCE in % (EBIT based) 8-10% 13.3% 5.9% -6.2% 6.1% 11.6% 6.1% 12-14% 13.9% 12.0% 13.0% 13.1% 10.5% 12.5% >6% 7.5% 5.8% 6.5% 7.0% 4.7% 6.3% 4-6% 4.2% 3.6% 8.9% 7.5% 4.1% 5.7% 20-25% 26.0% 20.3% 19.3% 21.3% 15.6% 20.5%

Proposed Appropriation of Retained Earnings (in CHF mn) 21 2010 2011 Group Profit (after minorities) 310.6 214.8 Dividend out of retained earnings: 112.8 60.3 out of capital contribution reserves: 52.7 Dividend total 112.8 113.0 Dividend Ratio 36.3% 52.6% Nominal value reduction 21.4 Total Payout 134.3 113.0 Total Payout Ratio 43.2% 52.6% Dividend payment CHF 24.00 per bearer share out of retained earnings CHF 4.00 per registered share Dividend payment CHF 21.00 per bearer share out of capital contribution reserves CHF 3.50 per registered share

Attractive levels of payout ratio. Net Profit / Total Payout (CHF mn): 22 342 311 267 226 215 112 112 112 134 113 33% 42% 50% 43% 53% 2007 2008 2009 2010 2011 Net profit in CHF mn Payout ratio in % Total payout in CHF mn

Outlook 2010 / 2011 Sutong bridge, Yangtze Trends, Strategy, Outlook Jan Jenisch, CEO

24 Sika is Strong Positioned for the Future 1. Attractive, growing, fragmented industry 2. Growth Strategy works in all target markets 3. Dynamic growth platform in emerging markets 4. Continous innovations 5. Growth leverage through acquisitions 6. Solid balance sheet guarantees freedom of action

Attractive, Growing, Fragmented Industry. Market Potential by Target Market. 25 > CHF 50 billion (total market potential)

Attractive, Growing, Fragmented Industry. Market Potential by Target Market. 26 Target Market Global No. 1 Sika's Position Concrete BASF 2 Waterproofing Sika 1 Roofing Soprema 3 Flooring Sika 1 Refurbishment BASF 2 Industry Henkel 2

Dynamic Growth Platform in Emerging Markets / Over proportional return in Asia Pacific and Latin America. 27 Organic growth Mature Markets + 9% Emerging Markets +17% 40% of EBIT Regions 18.6% 9.2% 10.4% 8.3% 12.3% 9.5% 124 85 51 96 94 25 Europe North Europe South North America Asia/Pacific Latin America IMEA

Ongoing Investments in Emerging Markets. For Example Brazil, New Plant in Osasco, North-East. 28 New production plant 2011 Miniplant, 2010 Colauto, acquisition 2011 Headquarters Sika Brazil, since 1934

Ongoing Investments in Emerging Markets. For Example Vietnam, New Plant in Hanoi. 29 New production plant 2011 Branch, logistic center Headquarters Sika Vietnam, since 1993

30 Continuous Innovations CO 2 emission Better energy management In production of concrete and cement Zero-emission-housing Weight reduction in cars with structural bonding Membrane-roofing brings 15% energy savings Megatrend water Sika is world leader in waterproofing Use of sustainable chemicals

Continous Innovations. For Example i-cure Technology 31 i-cure stands for new patented type of hardener polyurethane technology Solvent-free Low in emission Environmentally friendly Odorless

Growth Leverage Through Acquisitions 32 Acquisition is part of strategy More than 50 acquisitions since 2000 Fragmented market demands consolidation Acquisition strategy focuses on: Market access Related technologies Sika follows integration principle with excellent track record

Growth Leverage Through Acquisitions. Sika Realized 8 Acquisitions in 2011. 33 Company Country Region Target Market Hebei China Asia/Pacific Concrete Gulf Bahrain IMEA All Biro Switzerland Europe North Industry Technokolla Italy Europe South Refurbishment Colauto Brasil Latin America Industry Copsa Spain Europe South Refurbishment Duochem Canada North America Flooring Axim Global Global Concrete

34 Acquisition of Hebei (sales of 33 million) Market access driven acquisition in China Located in the north of China, 280 km SW of Beijing Track record of successful acquisitions: Sichuan Keshuai (2008) Jiangsu TMS (2009)

35 Acquisition of Colauto (sales of 40 million) Market access driven acquisition in Brazil Brazil is 6 th largest car manufacturing country South American car production estimated to grow from 3.6 million cars in 2009 to 5.6 million in 2015 Colauto is strong number 2 in sealants/adhesives

36 Acquisition of Axim (sales of 75 million) Combination of market access and technology Major step for Sika to become number 1 in admixture (jump from 15% to 17% global market share) Axim offers excellent grinding aid technology

37 Vision and Strategy 1. Become the market leader in our target markets 2. Market penetration: - from roof to floor (cross-selling) - from new built to refurbishment (life-cycle) - push and pull market channels (branding) 3. Leadership (Innovations) in technology and sustainability 4. Accelerate build up of emerging markets with supply chains and technical competence 5. Leverage growth and lead market consolidations with acquisitions

38 Outlook 2012 Construction Markets in Europe South (Spain, Portugal, Italy, Greece) and Near/Middle East remain difficult Markets in Central and Northern Europe and North America expected to be more stable Emerging markets in Asia, Eastern Europe and Latin America with growth momentum Raw material prices expected volatile and on high level Ongoing opportunities for innovation, market penetration and consolidation

39 Focus 2012 1. Control and monitor cost as market environment remains highly volatile 2. Improve margins 3. Continue growth strategy through - innovation - build up of emerging markets 4. Realize growth opportunities through acquisitions

40 Wind turbine, North Sea Questions and Answers

41 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.