Annual Report 2025 – ÖBB-Infrastruktur AG

ÖBB-Infrastruktur Aktiengesellschaft Group Management Report | Consolidated Financial Statements 9 The Koralm Railway began full operations in the fourth quarter of 2025. Freight services got the ball rolling in November, followed by passenger services with the introduction of the 2026 timetable on 14 December. The Koralm Railway is reorganising passenger services between Vienna and Carinthia and represents a key link in the EU’s Baltic-Adriatic Corridor for freight transport. In the West, the situation was dominated by the start of the German general overhaul. As part of this comprehensive refurbishment programme by DB InfraGo, the most important corridors – which together cover over 4,000 km – are being upgraded. 13 As part of these renovation works, the affected routes will be completely closed for several months. Whilst the entire programme was originally scheduled for completion by 2030, this target has now been pushed back to 2036 due to numerous concerns regarding the immense capacity constraints required for the rail network. 14 In Hungary, GYSEV took over the operation of a rail network spanning over 700 km from the MAV Group. The routes are located in the west of the country and stretch from Lake Balaton to the Austrian border. The Hungarian state railway, MAV, is, however, set to shift its resources to the east of the country. 15 A.2. Financial performance indicators Results of operations 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 income per employee in EUR thousand 232 225 7 3% Revenue and total income Revenue ÖBB Infrastruktur Group in EUR million 2025 2024 Change Change in % Revenue not consolidated 1,617.9 1,566.6 51.3 3% less internal Group revenue -348.3 -335.0 -13.3 4% Revenue 1,269.6 1,231.6 38.0 3% Other income (consolidated) 3,145.8 2,987.5 158.3 5% Total income 4,415.4 4,219.1 196.3 5% thereof with other ÖBB Group companies 858.2 884.0 -25.8 -3% As stated above, consolidated revenue reached approximately EUR 1,269.6 million (previous year: approximately EUR 1,231.6 million). While revenue rose only slightly, total income increased, mainly due to government grants (in particular, from the implementation of the framework plan). Consolidated other income of approximately EUR 3,145.8 million (previous year: approximately EUR 2,987.5 million) includes other own work capitalised amounting to approximately EUR 482.3 million (previous year: approximately EUR 458.5 million) and other operating income amounting to approximately EUR 2,663.5 million (previous year: approximately EUR 2.529,0 million). Revenue per employee in the case of 19,010 employees on average (previous year: 18,736 employees) is approximately TEUR 67 (previous year: approximately TEUR 66). Most of the revenue is generated in Austria. Revenue in the sum of approx. EUR 86.9 million (previous year: approx. EUR 127.5 million) was generated via customers from abroad. This largely applies to energy supplies and infrastructure usage fees (infrastructure and service fees). 13 DB. 14 Süddeutsche Zeitung. 15 LOK Report.