ÖBB Annual Report 2025

Group Management Report 58 Österreichische Bundesbahnen-Holding Aktiengesellschaft Consolidated Financial Statements | Group Management Report 15 Results of operations of the ÖBB Infrastruktur sub-group Overview 2025 2024 Change Change in % Revenue in EUR million 1,269.6 1,231.6 38.0 3% Total income in EUR million 4,415.4 4,219.1 196.3 5% Total expenses in EUR million -3,804.1 -3,707.5 -96.6 -3% EBIT in EUR million 611.3 511.6 99.7 19% EBIT margin in % 13.8% 12.1% 1.7% 14% EBITDA in EUR million 1,653.5 1,511.9 141.6 9% Financial result in EUR million -596.2 -499 -97.2 -19% EBT in EUR million 15.1 12.6 2.5 20% Return on equity in % 1.0% 0.9% 0.1% 11% The total income of the ÖBB Infrastruktur sub-group amounted to EUR4,415.4 million in the reporting year (py: EUR 4,219.1 million), of which EUR858.2 million (py: EUR884.0 million ) was attributable to companies in other sub- groups of the ÖBB. This results in an increase in total income of EUR 196.3 millioncompared to 2024. With an average of 19,010 employees (py: 18,736 employees), this means income of EUR 232 thousand (py:EUR 225 thousand) per employee. The ÖBB Infrastruktur sub-group achieved an EBIT of EUR611.3 million in 2025 (py: EUR511.6 million) with an EBIT margin of 13.8% (py: 12.1%). Transport service orders/federal, state and municipal contributions Transport service orders/federal, state and municipal contributions in EUR million ÖBB Personenverkehr Rail Cargo Austria ÖBB- Infrastruktur Transport service orders/public service contracts of the federal government 1,429.2 153.2 - (py: 1,365.5) (py: 143.0) - Transport service orders with provinces and municipalities 749.0 - (py: 688.8) - Infrastructure operations - - 484.3 - - (py: 392.1) Repair and investment - - 2,120.6 - - (py: 2,079.7) Total amount 2,178.2 153.2 2,604.9 (py: 2,054.3) (py: 143.0) (py:2,471.8) The ÖBB Personenverkehr sub-group has concluded transportation service contracts for local and long-distance passenger rail transportation with the federal government as well as with federal states and municipalities. In return, the ÖBB Personenverkehr sub-group received EUR 1,429.2 million (py: EUR 1,365.5million)from the federal government in 2025, and EUR 749.0 million (py: EUR 688.8 million ) from the federal states and municipalities. The Rail Cargo Austria sub-group receives contributions for the provision of rail freight transportation services in the production forms of single wagonload transport, unaccompanied combined transportation and rolling highway. The basis for the contributions is the “Aid program for the provision of rail freight transportation services in specific forms of production in Austria” notified by the EU. Payments in the year under review amounted to EUR153.2million (py: EUR143.0 million). The increase in federal contributions to ÖBB-Infrastruktur AG co mpared to the prior year is mainly due to the additional annuity payments for the capital expenditures in 2025. ÖBB-Infrastruktur AG is implementing a construction program of great economic importance on behalf of the Republic of Austria. The federal subsidies were granted in 2025 in accordance with the valid subsidy agreement for 2022 to 2027. The federal contribution for capital expenditures and maintenance amounted to EUR 2,120.6 million (py: EUR 2,079.7 million). The increase compared to 2024 is mainly the result of the framework plan investments implemented in 2025. However, the maintenance subsidy was reduced due to the implementation of the federal government’s savings targets. | MR15