1.4 Changes in the presentation of the financial statements

Alpiq reviews the presentation of financial reporting in terms of transparency, comprehensibility and accuracy on an ongoing basis. In the Annual Report 2024, the following adjustments are made:

• Figures are presented to one decimal place reflecting a more accurate picture of Alpiq’s financial statement. For consistency and comparability, previous year figures are also presented to one decimal place.
• Alpiq has discontinued the separate presentation of the “Share Premium” component within equity, reclassifying it entirely to Retained Earnings. This reclassification has no impact on total equity and has been applied retrospectively, with previous year figures adjusted by CHF 4,904.4 million for comparability. This change in presentation has been made to simplify the equity structure by removing inactive categories, since the “Share Premium” component has not been actively used in recent years.
• The disclosure of accounting policies has been streamlined, with a focus on Alpiq-specific applications and interpretations that emphasise relevance and materiality. Redundancies have been removed to improve clarity.
• Content and structure of selected notes have been adjusted to align with industry and company-specific conditions, improving transparency and readability.
• The layout has been updated to align with Alpiq’s refreshed corporate design.