Information unaudited Information ungeprüftAccounting principles

1.1 Basis for financial accounting

This interim financial reporting was prepared in accordance with the international accounting standard for interim financial reporting (IAS 34 “Interim Financial Reporting”). The accounting and valuation principles employed in the unaudited consolidated interim financial report correspond to those used in the 2025 annual report, which was prepared in accordance with the international financial reporting standards applied in the European Union (EU-IFRS) and the requirements stipulated in Article 17a of the Person and Company Law Ordinance of the Principality of Liechtenstein.

The unaudited interim financial reporting 2026 does not encompass all the data contained in the audited consolidated financial statement. It should, therefore, be read together with the audited consolidated financial statement as at 31 December 2025.

1.2 Use of estimates in the preparation of financial statements

Areas having large scope for estimate judgements, which are of great significance for the financial statement, include estimates for expected credit losses, goodwill, provisions, fair value measurement, and liabilities for pension plans. Explanations regarding this point are shown under notes 12 and 13 in the 2026 consolidated interim financial statement and under notes 13, 17, 25 and 33, as well as in the chapter Pension plans and other long-term benefits in the 2025 consolidated financial statement.

The LLB Group updates the actuarial assumptions and parameters used for the calculation of pension obligations on every reporting date.

1.3 Restatement of previous year figures

In order to standardise the groupwide classification of client assets under management, the previous years’ figures were adjusted. In the process, client assets were reclassified from “other client assets” to “assets with discretionary mandate”. The adjustment had no impact, either on the total volume of client assets or the consolidated financial statement. As at 31 December 2024 these totalled CHF 0.5 billion, and as at 31 December 2025 CHF 1.3 billion.

1.4 New IFRS, amendments and interpretations

1.4.1 Changes to accounting policies effective from 1 January 2026

The LLB Group will apply the amendments with regard to IFRS 9 “Financial Instruments” and IFRS 7 “Financial Instruments: Disclosures” for the first time in the 2026 financial year. Only the following points are of relevance:

• Clarifications in relation to the recognition and derecognition of financial assets and financial liabilities;

• Additional disclosure requirements for equity instruments, which are recognised at fair value in other comprehensive income without affecting profit and loss. The relevant details are shown in the second table in the note Financial investments.

There are no material effects. The first-time implementation of the applicable clarification and corrections from the 11^th annual improvement process issued by the IASB also has no material effects.

1.4.2 Applicable for financial years beginning on 1 January 2027

IFRS 18 “Presentation and Disclosure in Financial Statements” was issued by the International Accounting Standards Board (IASB) in April 2024. This standard was incorporated in European law on 16 February 2026 and is to be applied retrospectively for the first time for financial years starting on or after 1 January 2027.

LLB Group has completed its analysis of the individual sub-sections for the implementation of IFRS 18. The results of the analysis and the potential amendments are currently being coordinated with internal stakeholders. LLB Group expects that IFRS 18 will lead only to minor amendments in the structure of the income statement and the associated disclosures.

In the first half of 2026 there were no changes to the scope of consolidation.

The current situation has not changed substantially in comparison with the situation as at 31 December 2025. As part of this half year reporting, a brief qualitative disclosure regarding credit risks will be made. For more detailed information, we refer to the 2025 annual report.

In terms of the value of its absolute loans, the credit portfolio of the LLB Group has not changed materially during the first half of 2026. In the case of stage 1 and 2 loans, a net release of CHF 1.2 million for expected credit risks (first half of 2025: CHF 2.6 million net release) and for stage 3 positions a net allocation of CHF 5.9 million were made (first half of 2025: CHF 1.4 million net release). Across all stages the expected credit losses led to a total expense of CHF 4.7 million (first half of 2025: CHF 4.0 million income). This is reported in the consolidated income statement.

No additional material events occurred after the balance sheet date which would have a significant influence on the asset, financial and earnings position of the LLB Group.