Annual Report 2025

2 Other Information

2.1 Full-Time Equivalents

2.1Full-Time Equivalents

BELIMO Holding AG does not have any employees.  

2.2 Contingent Liabilities and Collaterals for Third-Party Liabilities

2.2Contingent Liabilities and Collaterals for Third-Party Liabilities

There were no contingent liabilities as at December 31, 2025 and 2024.

The Company is part of the Belimo value-added tax group in Switzerland and is jointly and severally liable for its value-added tax liabilities to the tax authorities.

As at December 31, 2025, BELIMO Holding AG has issued a guarantee to certain banks in respect of credit facilities granted to one subsidiary in the amount of CHF 110.0 million (2024: CHF 110.0 million). The credit lines were not used as at December 31, 2025 and 2024.

2.3 Shares or Options on Shares for Members of the Board

2.3Shares or Options on Shares for Members of the Board

According to the compensation plan, the Board of Director’s fees are paid out 60% in cash and 40% in non-discounted shares restricted for a period of three years. In December 2025, 639 shares were allocated to the Members of the Board (2024: 685 shares).

The members of the Board of Directors (including related persons) owned the following numbers of shares of BELIMO Holding AG:

Number of shares

December 31, 2025

December 31, 2024

Prof. Adrian Altenburger

1 158

1 085

Patrick Burkhalter

71 643

71 475

Sandra Emme

558

485

Tom Hallam1)

1 063

-

Urban Linsi2)

160 778

160 915

Ines Pöschel

448

385

Stefan Ranstrand

473

410

Dr. Martin Zwyssig

158

585

Total

236 279

235 340

1) Tom Hallam was elected to the Board of Directors at the AGM 2025.

2) Urban Linsi is a member of the disclosed shareholder group Linsi, which holds a total of 2 400 000 voting shares (2024: 2 400 000).

2.4 Events after the Reporting Date

2.4Events after the Reporting Date

On February 20, 2026, the Board of Directors of BELIMO Holding AG approved the present annual financial statements for release. Until this date, no material events after the reporting date have occurred. The financial statements are subject to approval by the shareholders of BELIMO Holding AG at the Annual General Meeting to be held on March 23, 2026.