X. Other Disclosures

Bechtle as lessee

As a lessee, Bechtle accounts for leases for the following agreement types:

• Buildings

• Motor vehicles

• Job bikes (head- & sublease)

• Furniture, fixtures and fittings

• Office equipment

• Customer devices (head- & sublease)

For agreements concerning buildings, motor vehicles, office equipment, and furniture, fixtures and fittings, right-of-use assets are accounted for and depreciated over the individual useful life. The normal period for buildings ranges from three to ten years. Motor vehicle leasing agreements have a general term of two to three years. The agreement periods for furniture, fixtures and fittings and office equipment are one to five years.

In agreements concerning job bicycles and customer equipment, Bechtle acts both as lessee and as lessor in the context of finance leases. For this, no right-of-use assets are capitalised, but a lease receivable is recognised against the business partner. The lease receivable is measured on the basis of the present value of the lease payments and is repaid over the term. The following figure shows the right-of-use assets accounted for, which are allocated to the individual assets:

The depreciation amounts for the right-of-use assets that are attributable to the reporting period are presented in the following table:

With regard to buildings, Bechtle mainly rents offices, storage space and parking places. Motor vehicle leases are concluded especially for the sales department.

Extension and cancellation options were taken into consideration upon recognition and measurement of the lease liabilities if Bechtle was reasonably certain that these options would be exercised in the future. Thus, the depreciation takes place over the contractually agreed lease term or, if Bechtle exercises its lease extension option, over the contractually agreed lease term plus the period of the lease extension option. Lease liabilities of €68,511 thousand (previous year: €62,212 thousand) were recognised under other current liabilities and €181,752 thousand (previous year: €164,581 thousand) under other non-current liabilities.

Expenses for short-term and low-value leases amounted to €429 thousand in 2025 (previous year: €359 thousand). Renewal and termination options result in potential cash outflows of €72,510 thousand (previous year: €71,604 thousand).

Bechtle as lessor

Operating leases

In connection with operating leases, Bechtle also acts as lessor. Most of the agreements concerned relate to the leasing of IT products. Generally, the leasing agreements are concluded for terms of three to five years. The respective minimum lease payments from these agreements are as follows:

In the year under review, leasing income from operating leases amounted to €23,175 thousand (previous year: €8,831 thousand).

Finance leases

In connection with finance leases, Bechtle also acts as lessor. Bechtle Financial Services AG operates as a group-internal sales financing provider for the end-customer business of the system houses. It offers rent and leasing models for direct leasing and refinancing of the system houses as well as hire purchases. The refinancing of the financing transactions takes place in the form of forfeiting (non-recourse factoring) via various external refinancing partners. As in the previous year, there are no non-guaranteed residual values for new contracts concluded in the 2025 fiscal year.

As of the closing date, the trade receivables contained leasing receivables amounting to €74,618 thousand (previous year: €80,594 thousand). The undiscounted lease payments that are due on a yearly basis are as follows:

The interest portion of lease payments in the amount of €2,957 thousand corresponds to the unrealised financial income. In accordance with IFRS 9, a risk provision for expected credit risks of €1,537 thousand (previous year: €1,514 thousand) was recognised for receivables from finance leases. Capital gains of €327 thousand (previous year: €0 thousand) were realised in the reporting period.

People at Bechtle

The personnel and social expenses were as follows:

Personnel and social expenses (wages and salaries) include severance payments of €6,610 thousand (previous year: €4,983 thousand) (IAS 19.171).

The total number of employees in the Bechtle Group (excluding temporary staff and trainees) as of the balance sheet date and on an annual average is as follows:

The number of full-time and part-time employees listed above as of the balance sheet date includes 124 (previous year: 128) and the average number of full-time and part-time employees listed above includes 125 (previous year: 123) managing directors or members of the Executive Board of subsidiaries.

The employee numbers (excluding temporary staff and trainees) break down by segments and regions as follows:

The number of employees (excluding employees who are absent, temporary staff and trainees) can be broken down by function as follows:

The service staff comprises all employees that perform services for customer orders. The sales staff comprises employees who maintain direct contact with customers for sales purposes. The administrative staff comprises all employees who do not belong to the service and sales staff, especially employees in the purchasing department, the warehouse and the administration.

Auditor’s fee

The following fees were recognised as expenses in the 2025 and 2024 fiscal years for the services provided by the auditor of the consolidated financial statements, Deloitte GmbH Wirtschaftsprüfungsgesellschaft and its network companies, for Bechtle AG and its subsidiaries:

The fees for auditing services in the fiscal year include the fees for the audit of the annual and consolidated financial statements, the formal audit of the remuneration report in accordance with Section 162 AktG and €110 thousand for the previous year’s audit. The fees recognised under other assurance services relate to assurance services for the combined sustainability statement.

Related-party relationships

Bechtle AG and all its (direct or indirect) subsidiaries are considered to be related parties. All these companies are consolidated in the Consolidated Financial Statements of Bechtle AG.

Persons related to Bechtle are Karin Schick as the largest shareholder of Bechtle AG, the members of the Executive Board and of the Supervisory Board of Bechtle AG, and their close family members. In the reporting period, a dividend of €29,455 thousand was distributed to Karin Schick.

The remuneration of the Executive Board in the fiscal year amounted to €11,507 thousand (previous year: €8,959 thousand). Of this amount, current benefits due amounted to €7,124 thousand (previous year: €5,845 thousand) and non-current benefits due amounted to €1,306 thousand (previous year: €1,097 thousand). In addition, since the 2024 fiscal year, the members of the Executive Board have received share-based remuneration of €3,077 thousand (previous year: €2,017 thousand) in the form of an earmarked cash amount (own investment cash amount), which is invested after deduction of taxes and duties and ordinary shares in Bechtle AG. 75 per cent of the long-term share-based remuneration is linked to the achievement of financial targets (group EBT) and 25 per cent to the achievement of non-financial targets (ESG criteria). The targets are supplemented by a criteria-based modifier, which measures the individual performance contribution of the respective Executive Board member to target achievement within a range of 0.9 to 1.1. The ordinary shares are acquired immediately after the payment of the personal investment cash amount. The acquired ordinary shares are subject to a four-year holding obligation from the time of purchase.

The employee representatives on the Supervisory Board received remuneration subject to income tax totalling €817 thousand (previous year: €896 thousand) for their ordinary employment at Bechtle during their membership of the Supervisory Board in the reporting period. The remuneration of the members of the Supervisory Board amounted to €2,021 thousand in the fiscal year (previous year: €1,286 thousand). These represent short-term benefits.

Apart from this, there were no other noteworthy transactions between Bechtle and related parties or persons, either in the reporting period or in the prior year.

Utilisation of Section 264 para. 3 or Section 264b HGB

The following companies, which are affiliated consolidated companies of Bechtle AG and for which the consolidated financial statements of Bechtle AG are the exempting consolidated financial statements, utilise the exemption option of Section 264 (3) and Section 264b of the German Commercial Code (HGB):