2.3Revenue from letting of properties

DURATION OF EXISTING FIXED LEASES OF COMMERCIAL PROPERTIES

The duration of existing fixed leases of commercial properties was:

Net rental income as at

CHF 1,000

31.12.2025

31.12.2024

Commercial leases maturing within one year1)

4,156

3,278

Commercial leases maturing within 1–5 years

11,740

9,586

Commercial leases maturing within more than 5 years

5,541

5,315

Commercial leases

21,437

18,179

Residential leases1)

2,682

496

Total net rental income from commercial properties

24,118

18,675

1)To improve the informative value of these key figures, residential leases (including ancillary parking spaces) in commercial properties are now presented separately. The figures for the previous year have been adjusted accordingly.

The above totals for commercial leases correspond to a weighted average unexpired lease term (WAULT) of 4.8 years (31.12.2024: 5.5 years).

MOST IMPORTANT TENANTS

The five most important tenants measured according to property income accounted for 8.1% of the gross rental income (31.12.2024: 9.5%). The five most important tenants were the following:

Share of gross rental income as at

31.12.2025

31.12.2024

Alaïa SA

2.6%

3.5%

Banque Cantonale de Genève

2.2%

2.4%

Hospice général

1.2%

1.3%

PHM Group Oy

1.2%

1.3%

Cityus Sàrl

0.9%

1.0%