Annual Report 2025 – ÖBB-Infrastruktur AG

ÖBB-Infrastruktur Aktiengesellschaft Consolidated Management Report | Consolidated Financial Statements 208 26. Provisions When determining the provisions, an assessment was made as to whether a claim by the ÖBB-Infrastruktur Group was probable and whether the expected amount of the provision could be reliably estimated. The provision is recognised in the amount of the probable claim. If the provision to be assessed comprises a large number of items, the expected value method is used. If the scenarios are equally probable, the average value is provisioned. 26.1. Personnel provisions 31.12.2025 31.12.2024 in EUR million in EUR million Statutory severance payments 34.7 37.7 Pensions 0.8 0.8 Anniversary bonuses 117.1 123.6 Total 152.7 162.1 With the exception of actuarial gains and losses on the provision for statutory severance pay and pensions, all changes in personnel provisions recognised in profit or loss are recognised in personnel expenses. Actuarial assumptions The following table shows the assumptions used to measure obligations arising from anniversary bonuses, severance payments and pensions: 31.12.2025 31.12.2024 Discount rate severance payments 4.20% 3.50% Discount rate pensions 4.10% 3.45% Discount rate anniversary bonuses 3.90% 3.35% Rate of salary increases 4.50% 4.60% Rate of pension payment increases 2.00% 2.00% Employee turnover rate Anniversary bonuses of tenured employees 0.00% to 1.15% 0.00% to 1.21% Employee turnover rate Anniversary bonuses of other workers and employees 0.00% to 6.82% 0.00% to 7.48% In the case of severance and anniversary payments, the Group is usually exposed to the following actuarial risks: Interest rate risk and salary risk. Interest rate risk: A decrease in the bond interest rate leads to an increase in provisions. Salary risk: The present value of the provisions is determined on the basis of the future salaries of the beneficiary employees. Therefore, salary increases for the beneficiary employees above and beyond the extent already taken into account in the present value lead to an increase in the provisions. Statutory severance payments A provision for severance payments is set aside for the severance payment claims of employees who are not tenured employees, arising from individual employment law or contractual provisions. The provision is measured on an actuarial basis using the projected unit credit method (PUC method), which is prescribed for valuations in accordance with IAS 19 and is based on the biometric parameters of the Actuarial Association of Austria (AVÖ) 2018-P – mixed portfolio – actuarial assumptions for pension insurance. Obligations from severance payments for employees whose employment began before 01.01.2003 are covered by defined benefit plans as described below. As a result of a legal change, employees whose employment in Austria began after 01.01.2003 are subject to a defined contribution plan. In this context, the ÖBB-Infrastruktur Group paid approximately EUR 11.0 million or approximately EUR 9.6 million into the defined contribution plan (VBV VorsorgekasseAG and APK-PENSIONSKASSEAG) in the years 2025 and 2024 respectively.