SCHMID’s expenses for defined contribution plans were €1,840 thousand for the year ended 2025 (2024: €1,752 thousand, 2023: €1,677 thousand). No assets or liabilities are recognized in SCHMID’s balance sheet in respect of such plans, apart from regular prepayments and accruals of the contributions withheld from employees’ wages and salaries and of SCHMID’s contributions.

Corporate post-retirement benefits are provided by SCHMID in Germany through a defined benefit plan with one beneficiary who is also a related party. The beneficiary was granted a fixed pension commitment in 2012 as part of a deferred compensation agreement in form of a lump-sum payment in the event of invalidity or reaching the age of 67. The Company has no plan assets in connection with the pension obligation.

The present value of the defined benefit obligation at the end of the fiscal year 2025 amounted to €969 thousand (December 31, 2024: €978 thousand, December 31, 2023: €894 thousand).



In € thousand		2025		2024
Net defined liability at January 1		978		894
Defined benefit income recognized in consolidated statement of profit or loss		33		36
Defined benefit cost recognized in other comprehensive income		(42)		44
Reclassification of other liabilities		—		4
Net defined liability at December 31		969		978

Reconciliation of the amount recognized in the consolidated statement of financial position:



In € thousand		2025		2024
Employee benefit obligations recognized as of January 1		978		894
Actuarial adjustments		(43)		44
Interest expense		34		36
Reclassification of other liabilities		—		4
Employee benefit obligations recognized as of December 31		969		978

The expense recognized in the consolidated statements of profit or loss and other comprehensive income is as follows



In € thousand		2025		2024		2023
Actuarial (gains) / losses deriving from changes in financial assumptions		43		46		(24)
Actuarial (gains) / losses deriving from experience adjustments		(1)		(2)		(2)
Included in other comprehensive income		42		44		(26)
Interest income		34		36		33
Included in the consolidated statements of profit or loss		34		36		33
Total included in the consolidated statements of profit or loss and other comprehensive income (loss)		76		80		7

The interest cost relating to the obligation is a component of the result from financing activities.



		12/31/2025		12/31/2024
Discount rate		4.0	%	3.5	%

The duration of the obligation is 10 years as of December 31, 2025 (December 31, 2024: 11 years).