dormakaba Holding AG is the parent company of dormakaba Group, and owns 52.5% of dormakaba Holding GmbH + Co. KGaA, an intermediate holding company that comprises all the operating entities of the Group and is fully consolidated in the financial statements prepared by the parent company1. Minority interests are shown separately as part of equity capital. dormakaba Holding AG’s consolidated financial statements are reported in Swiss francs (CHF) and for the financial year that runs from 1 July 2025 to 30 June 2026. They are prepared in accordance with Swiss GAAP FER, an internationally accepted accounting standard for small and medium-sized organizations and groups of organizations with a presence in Switzerland. dormakaba Holding AG is listed on the SIX Swiss Exchange, and is headquartered in Rümlang, Zurich, Switzerland.
In addition to the requirements of Swiss GAAP FER, dormakaba Holding AG publishes a Group Management Report that complies with the requirements of the Swiss Code of Obligations (Schweizer Obligationenrecht, OR), particularly Art. 961c; of Section 315 of the German Commercial Code (Deutsches Handelsgesetzbuch, HGB); and of Standard 20 of the German Accounting Standards (Deutscher Rechnungslegungs Standard Nr. 20, DRS20).
dormakaba Group (dormakaba) is a leading provider in the access solutions market. It offers a broad, innovative portfolio of products, solutions and services designed to integrate seamlessly into building ecosystems. With a clear portfolio segmentation, dormakaba concentrates on its global core businesses Access Automation Solutions (door operators, sliding doors, and revolving doors), Access Control Solutions (connected devices and engineered solutions), Access Hardware Solutions (door closers, exit devices, and mechanical key systems), and Services. The company is also a market leader for Key Systems (key blanks, key cutting machines, and automotive solutions such as transponder keys and programmers), as well as Movable Walls (incl. acoustic movable partitions and horizontal and vertical partitioning systems).
dormakaba leverages its long-standing innovation heritage and engineering expertise to anticipate evolving customer needs and deliver solutions that create value for customers and end users.
dormakaba is active in around 130 countries, and is present in all relevant markets through production sites, distribution and service offices, and collaboration with local partners.
As a publicly listed company, dormakaba is committed to creating sustainable long-term value. Supported by its Pool Shareholder group, which promotes strategic continuity and a long-term perspective, the company seeks to balance the interests of shareholders with those of its other key stakeholders, including customers, technology and distribution partners, employees and associates. dormakaba's corporate strategy, From Shape to Growth, is designed to shape the company to unlock its full potential and accelerate profitable growth.
For more about dormakaba’s strategy and its execution, see here.
dormakaba’s operating model reinforces the companyʼs strategic focus on customer centricity and value creation. A detailed description of dormakaba’s operating model can be found here.
Strategic leadership of dormakaba is exercised by the Board of Directors (BoD) of dormakaba Holding AG. The duties and responsibilities of the BoD are defined by the Swiss Code of Obligations, combined with the company’s Articles of Incorporation and Organizational Regulations. The BoD delegates responsibility for day-to-day management of the business to the Chief Executive Officer (CEO), supported by the Executive Committee (EC). The powers and functions of the EC are set out in the Organizational Regulations. Further details of the internal management system are provided in the Corporate Governance Report 2025/26.
The principles governing compensation for the BoD and EC are set out in the Articles of Incorporation. These include: the basic principles of compensation for the BoD (Article 23); the basic principles of compensation for the EC (Article 24); a binding vote on compensation at the General Meeting of Shareholders (Article 22); the maximum additional amount of compensation for new EC members (Article 25); agreements with members of the BoD and the EC, and notice periods for the members of the EC (Article 26); and their credits and loans (Article 28).
The Compensation Report, which provides further details on the compensation system and on compensation paid out in the financial year 2025/26, is available here.
The dormakaba Sustainability Report 2025/26 contains detailed information on the company’s sustainability framework, measures and progress. Disclosures on non-financial matters are made in accordance with Art. 964b of the Swiss Code of Obligations. The report has been prepared with reference to the European Sustainability Reporting Standards (ESRS) and draws on the structure, terminology and selected disclosure requirements of the ESRS. It also includes a detailed climate risk and opportunities analysis and a management report aligned with the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD), and information on sustainable economic activities in line with the EU Taxonomy Regulation. The Sustainability Report is supplemented by annually issued reports on related matters, such as the Modern Slavery and Child Labor Statement, the Communication on Progress to the UN Global Compact, and the submission to the Carbon Disclosure Project.
Detailed information on the business performance and the average number of full-time equivalent employees in the financial year 2025/26 can be found in the Group Performance section of this Group Management Report and in the Consolidated Financial Statements for the financial year 2025/26.
dormakaba has defined a set of strategic non-financial performance indicators for each strategy cycle. These are continuously measured, with initiatives designed and implemented for improvement where needed. The main non-financial performance indicators are the following:
Engaged employees and an inclusive workplace are essential to dormakaba’s transformation towards a customer-centric and performance-oriented work culture. Together, employee engagement and diversity & inclusion provide important insights into how employees experience the company’s culture, leadership and working environment, while helping to guide actions that strengthen collaboration, belonging and professional growth.
In the reporting period, dormakaba conducted its global dormakaba dialogue, a comprehensive employee engagement survey comprising 32 questions across key dimensions such as strategy, behavior, work environment and leadership. The survey achieved a participation rate of 73%, demonstrating strong engagement and trust across the organization – particularly notable given the significant transformation underway. Overall engagement reached 70%, marking a significant increase from 61% in the 2023 Pulse Check at the early stage of the transformation and returning close to the 71% achieved in the previous full dialogue. The results reflect a resilient and committed workforce, with colleagues demonstrating a strong sense of pride and a clear understanding of how they contribute to dormakaba’s success. Key strengths include high levels of manager trust and open, two-way communication. Based on these insights, the leadership team has driven targeted follow-up actions at global, country and functional levels, with a particular focus on strengthening collaboration as one global team and simplifying how we serve our customers. At the same time, dormakaba has embarked on the introduction of its new values – Accountable, Bold, Connected (ABC) – which will further shape how teams work together and deliver impact, marking the beginning of the next phase of the company’s cultural journey.
dormakaba fosters a diverse, inclusive and equitable workplace where employees can contribute different perspectives and feel a strong sense of belonging. This commitment is reflected in global policies such as the Code of Conduct, Talent Acquisition Directive, and Global Directive Anti-Harassment and Anti-Bullying, which promote inclusive recruitment, respectful workplace behavior and equal opportunity. As a signatory of the UN Women’s Empowerment Principles since 2022, dormakaba also reinforces its commitment to empowering employees regardless of gender.
dormakaba continues to strengthen inclusive behavior through unconscious bias training and related learning initiatives. The global Women & Allies Network, supported by selected local networks and tailored DE&I roadmaps, provides opportunities for connection, development, peer learning and inclusion for all employees. In FY 25/26, activities included attending external industry events and leadership summits, as well as hosting global webinars on allyship and career development. Local initiatives included extended parental leave in Switzerland, the continued Talentia development program in Spain, and In Full Bloom in Nogales, Mexico, which supports well-being, personal growth and open dialogue in the workplace.
As a matter of course, dormakaba complies with all applicable laws and regulations at local, national, and international levels. Its internal company directives, based on a binding Group-wide Code of Conduct, apply globally and cover internal processes as well as relations with external partners, including customers, authorities, and suppliers. dormakaba has developed a range of measures and processes to prevent abuses and ensure that responsibilities are met; these measures and processes are continuously reviewed and refined. The Code of Conduct is available, in several languages, to all employees on the Group Intranet and to external stakeholders on the dormakaba website. Mandatory Code of Conduct training sessions are offered to all dormakaba new joiners.
The Code of Conduct and the Supplier Code of Conduct confirm dormakaba’s commitment to respecting human rights. The Group’s Human Rights Due Diligence (HRDD) framework and material topics are further described in its Statement of Commitment on Human Rights, which aligns with international standards, including the UN Guiding Principles on Business and Human Rights, and which has been revised to reflect requirements under the German Supply Chain Due Diligence Act.
Based on the human rights-related risks and impacts identified, dormakaba will continue to develop prevention and mitigation measures integrated into company operations, training programs, policies, and management systems. Human rights-related risks identification and mitigation are also a central part of supplier due diligence. In the financial year 2025/26, a key focus has been on continuing to assess the risks present in our high-risk suppliers by means of on-site audits. There is further information on human rights in the Sustainability Report 2025/26.
As a manufacturer, dormakaba inevitably consumes resources and generates waste and emissions; environmental issues are therefore highly relevant along the Group’s entire value chain. The company’s Environment Directive defines fundamental requirements and regulations for environmental performance on a global level. A detailed overview of the company’s sustainability work and key benchmarks, including greenhouse gas emissions, energy consumption, water consumption and waste management, is available in the Sustainability Report 2025/26.
dormakaba maintains a globally consistent procurement framework based on detailed assessments of business requirements and rigorous evaluation of current and prospective suppliers, supported by on-site quality audits where appropriate.
The dormakaba Supplier Code of Conduct outlines minimum requirements relating to human rights, fair working conditions, environmental responsibility, and business ethics, among other criteria. dormakaba assesses suppliers’ risk and sustainability performance in collaboration with EcoVadis, a globally trusted and independent sustainability ratings provider. The company requires improvement plans where assessment results are unsatisfactory.
Further information is available in the Workers in the Value Chain chapter of the Sustainability Report 2025/26.
Detailed information on dormakaba Holding AG’s capital structure can be found in the Corporate Governance Report 2025/26.