Mobimo (MOBN) investor relations material

Strategy and Growth Outlook

• Strategy for 2026–2030 targets investment portfolio growth to at least CHF 4.5 billion by 2030, driven by a strong development pipeline, selective value-creating acquisitions, and a focus on long-term growth and attractive development income.

• Portfolio composition will remain anchored in investment properties (minimum 75%), with development and trading properties capped at 25%, and three strategic pillars: investment properties, development properties for own portfolio, and trading properties.

• No additional equity is required to finance the current pipeline; financing costs are expected to rise by CHF 6 million by 2030, with EPRA LTV and equity ratio maintained in the mid-40s.

• Dividend policy remains attractive, with recurring income from the investment portfolio expected to fully cover dividends by 2030; EPRA earnings and FFO I are key indicators for dividend potential.

• Digitalisation and automation are central to operational efficiency, enabling scalable processes and supporting future growth.

Acquisitions and Development Pipeline

• A dedicated acquisition division was established to enhance transaction expertise and agility, focusing on high-quality, value-adding acquisitions and leveraging off-market opportunities.

• Recent strategic acquisitions, such as EMWE Holding AG, demonstrate the ability to execute complex share deals and integrate assets with development potential, contributing to portfolio growth and diversification.

• The development pipeline includes major projects in Zurich, Lausanne, Wangen-Brüttisellen, Langenthal, Aarau, and Kloten, with a mix of residential, commercial, and mixed-use developments targeting both own portfolio and trading properties.

• Completion of projects for own portfolio is expected to increase target rental income by CHF 17 million by 2030, representing over 10% organic growth versus 2025.

• Site developments like Aeschbachquartier in Aarau exemplify the transformation of brownfield sites into vibrant, sustainable neighborhoods, generating long-term rental income and social value.

Regulatory and Market Environment

• The regulatory landscape is increasingly complex, with initiatives at federal, cantonal, and municipal levels affecting housing supply, rent controls, and sustainability requirements.

• The company proactively manages regulatory risks by modernizing its residential portfolio, converting select properties to condominium ownership, and focusing on less regulated markets when appropriate.

• Despite political headwinds, residential real estate remains a resilient and attractive segment, supported by demographic growth and structural undersupply in key markets.

• The impact of new regulations is mitigated by early integration of ESG and regulatory requirements into project planning and portfolio management.