Compagnie Financière Tradition: Net profit Group share of CHF 51.0m, up 8.0%

Ad hoc announcement pursuant to Article 53 of the Six Exchange Regulation Listing Rules Lausanne, 1 September 2023 Growth in revenue (including share

Operating profit increase by 41.9%* to CHF 74.0m, for a margin of 13.4% * Variation in constant currenciesThe level of activity during the first semester continued along the lines of last year, driven by central bank monetary tightening policy to combat stubborn inflation. Compagnie Financière Tradition maintained its growth momentum, underpinned by its organic growth strategy.

Operating profit including the share of joint ventures was CHF 74.0m against CHF 56.0m in H1 2022, up 41.9% at constant exchange rates, for an operating margin of 13.4% and 10.7% respectively.Reported consolidated revenue was up 12.5% at constant exchange rates to CHF 513.3m compared with CHF 483.9m in H1 2022.

The share in the results of associates and joint ventures was CHF 12.8m against CHF 14.1m in H1 2022, however up 0.3% at constant exchange rates. Consolidated net profit was CHF 54.0m compared with CHF 54.3m in H1 2022 with a Group share of CHF 51.0m against CHF 51.1m in 2022, nonetheless an increase of 8.0% at constant exchange rates. As a result, basic earnings per share increased by 10.5% at constant exchange rates to CHF 6.93, compared with CHF 6.78 in the previous period.The Group maintained its focus on a sound balance sheet with a strong capital position while keeping a low level of intangible assets and a strong net cash position.

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