ÖBB Annual Report 2025

65 Group Management Report Österreichische Bundesbahnen-Holding Aktiengesellschaft Consolidated Financial Statements | Group Management Report 22 The Brenner Base Tunnel (BBT) At the end of 2025, three main construction lots were active, two of which were on Austrian territory and one on Italian territory. So far, over 206 km of the 230 km long tunnel system have been excavated. In the western main tube, the Austrian-side breakthrough was celebrated on August 22, 2025. On September 18, 2025, the breakthrough of the exploratory and future service tunnel marked the first underground connection between Italy and Austria. Planning of the railway systems is underway and will move into the implementation phase in 2027 following completion of the civil works. A.3. Non-financial performance indicators Real estate management ÖBB owns 23,000 buildings, making it one of Austria’s largest property owners. ÖBB-Immobilienmanagement GmbH is a wholly owned subsidiary of ÖBB-Infrastruktur AG. It acts as a comprehensive real estate service provider primarily within the ÖBB Group, sells properties that are not necessary for operations, and manages an extensive portfolio over its entire life cycle. This includes 3,459 buildings as well as 1,024 passenger stations and stops. Personnel report Information on the personnel structure and changes in the number of employees can be found in Note 8 to the Consolidated Financial Statements. Further information on the subject of “Personnel” can be found in Chapter E. Non- financial statement. Environmental report Details on environmental information can be found in Chapter E. Non-financial statement. A.4. Branch offices The ÖBB Group does not have any operating sites or branches. B. Report on Anticipated Development and Risks of the Corporate Group B.1. Anticipated development General conditions and requirements ÖBB will continue to face a complex and dynamic environment beyond 2025. The coming years will be characterized by geopolitical uncertainties, climate change, technological upheaval and social change. The Group’s strategic direction therefore focuses on resilience, innovative strength and sustainable growth. Geopolitical and economic dynamics Global tensions, volatile markets and structural shifts in supply chains are having a lasting impact on the mobility and logistics sector. ÖBB expects continued changes in trade flows, increasing demands on security of supply and the growing importance of European cooperation to safeguard critical infrastructure. In this context, sustained cost increases are also to be expected – particularly in terms of energy prices, procurement costs for materials and services as well as capital expenditure in resilience and digitalization. Climate change and resilience The impacts of climate change will continue to increase and present ÖBB with growing challenges in planning, operation and maintenance. At the same time, additional dimensions of resilience are gaining in importance – particularly in the areas of digital security and system stability, as well as infrastructure maintenance. MR22 |