Swisscom AG

Swisscom AG, in Ittigen, CHE-102.753.938, Besondere Rechtsformen (SHAB Nr. 225 vom 20.11.2025, Publ. 1006489793).

Ausgeschiedene Personen und erloschene Unterschriften:
Esser, Frank Dr., deutscher Staatsangehöriger, in Kaarst (DE), Vizepräsident des Verwaltungsrates, mit Kollektivunterschrift zu zweien.

Eingetragene Personen neu oder mutierend:
Bourquin Arnold, Monique Ruth, von La Chaux-de-Fonds, in Rüdlingen, Vizepräsidentin des Verwaltungsrates, mit Kollektivunterschrift zu zweien [bisher: Mitglied des Verwaltungsrates, ohne Zeichnungsberechtigung];
Deecke, Philippe Gunther, von Basel, in Basel, Mitglied des Verwaltungsrates, ohne Zeichnungsberechtigung.

Rubrik: Mitteilungen an Gesellschafter/nUnterrubrik: Einladung zur Generalversammlung/nPublikationsdatum: SHAB 17.02.2026/nÖffentlich einsehbar bis: 17.02.2027/nMeldungsnummer: UP04-0000007605/nPublizierende Stelle/nSwisscom AG, Alte Tiefenaustrasse 6.

3048 Worblaufen/nEinladung zur ordentlichen Generalversammlung/nSwisscom AG/nBetroffene Organisation:
/nSwisscom AG/nCHE-102.753.938/nAlte Tiefenaustrasse 6/n3050 Bern/nAngaben zur Generalversammlung:/n25.03.2026, 13.30 Uhr, Hallenstadion Zürich Oerlikon, Wallisellenstrasse 45.

8050 Zürich/nEinladungstext/Traktanden:
/nEinladung zur 28. ordentlichen Generalversammlung./nBitte beachten Sie den Volltext der Einladung im PDF-Anhang./n2/nIncome statement 3/nBalance sheet 4/nNotes to the financial statements 5/n1 General information 5/n1.1 Name, legal form and registered office 5/n1.2 Share capital 5/n1.3 Major shareholders 5/n1.4 Number of full-time equivalents 5/n1.5 Issuance and approval of the financial statements 5/n2 Summary of significant accounting policies 5/n2.1 General disclosures 5/n2.2 Participations and posting of dividend payouts/nmade by subsidiaries 5/n2.3 Derivative financial instruments/nand hedge accounting 6/n2.4 Treasury shares 6/n3 Disclosures on balance sheet and income statement/nline items 7/n3.1 Receivables and financial assets 7/n3.2 Liabilities 7/n4 Further disclosures 9/n4.1 Collateral for third party liabilities 9/n4.2 Remaining amount of lease liabilities 9/n4.3 Assets used to secure own liabilities and assets/nsubject to reservation of ownership 9/n4.4 Shareholdings of the members of the Board/nof Directors and of the Group Executive Committee 9/nProposed appropriation of retained earnings 10/nReport of the statutory auditor 11/nContents/n3/nIncome statement/nIn CHF million Note 2025 2024/nOther income - -/nTotal operating income - -/nPersonnel expense (9) (13)/nOther operating expense (5) (5)/nTotal operating expenses (14) (18)/nOperating income (14) (18)/nFinancial expense (264) (152)/nFinancial income 317 159/nIncome from participations 2.2 149 3,021/nIncome before taxes 188 3,010/nIncome tax expense (8) (7)/nAnnual profit 180 3,003/n4/nSw/nis/nsc/nom/nLt/nd/nFi/nna/nnc/nia/nl s/nta/nte/nm/nen/nts/n2/n02/n5/n| B/nal/nan/nce/nsh/nee/nt/nBalance sheet/nIn CHF million Note 31.12.2025 31.12.2024/nAssets/nCash and cash equivalents 133 1,386/nCurrent financial assets 3.1 480 6/nDerivative financial instruments 2.3 3 23/nOther current receivables 3.1 3 51/nAccrued dividends receivable from subsidiaries 2.2 - 2,950/nAccrued income and deferred expense 3.1 62 12/nTotal current assets 681 4,428/nNon-current financial assets 3.1 13,041 11,376/nDerivative financial instruments 2.3 14 8/nParticipations 2.2 8,430 8,431/nTotal non-current assets 21,485 19,815/nTotal assets 22,166 24,243/nLiabilities and equity/nCurrent interest-bearing liabilities 3.2 1,605 2,527/nDerivative financial instruments 2.3 20 91/nTrade payables 3.2 1 1/nOther current liabilities 3.2 21 32/nAccrued expense and deferred income 75 37/nProvisions - 1/nTotal current liabilities 1,722 2,689/nNon-current interest-bearing liabilities 3.2 12,396 12,541/nDerivative financial instruments 2.3 99 103/nOther non-current liabilities 3.2 4 5/nProvisions 2 2/nTotal non-current liabilities 12,501 12,651/nTotal liabilities 14,223 15,340/nShare capital 52 52/nLegal capital reserves / capital surplus reserves 21 21/nProfit carried forward 7,690 5,827/nAnnual profit 180 3,003/nTotal equity 7,943 8,903/nTotal liabilities and equity 22,166 24,243/n5/nNotes to the financial statements/n1 General information/n1.1 Name, legal form and registered office/n> Swisscom Ltd, Ittigen (Canton of Berne)/n> Holding company of the Swisscom Group/n> Swisscom Ltd is a public limited company with special status/npursuant to the Swiss Telecommunications Enterprise Act (TEA) of/n30 April 1997./n> Enterprise identification number (UID) CHF-102.753.938/n1.2 Share capital/nAs of 31 December 2025, the share capital is unchanged as against/nthe previous year, comprising 51,801,943 registered shares with a par/nvalue of CHF 1 per share./n1.3 Major shareholders/nAs at 31 December 2025, the Swiss Confederation, as majority share-/nholder, continued to hold 51.0% of the issued shares of Swisscom Ltd as/nin the prior year. The Telecommunications Enterprise Act (TEA) provides/nthat the Swiss Confederation shall hold the majority of the share/ncapital and voting rights of Swisscom Ltd./n1.4 Number of full-time equivalents/nIn 2025, the average number of full-time equivalents of Swisscom Ltd/nwas 15 (previous year: 20)./n1.5 Issuance and approval of the financial statements/nThe Board of Directors of Swisscom Ltd approved the issuance of these/nannual financial statements on 11 February 2026. Up to the date of/nissuance, no material events after the balance sheet date have occurred./nThe annual financial statements are subject to approval by the share-/nholders of Swisscom Ltd at its Annual General Meeting to be held on 25/nMarch 2026./n2 Summary of significant/naccounting policies/n2.1 General disclosures/nThe significant accounting policies applied that do not have to be applied/nby law are described below. It should be taken into account that the/npossibility to establish and release hidden reserves for the purpose of/nensuring the company's long-term prosperity is exercised./nSwisscom Ltd prepares consolidated financial statements in accord-/nance with a recognised accounting standard (IFRS Accounting Stand-/nards). As a result, and in accordance with statutory requirements, these/nfinancial statements have been dispensed with additional disclosures/nin the notes on interest-bearing liabilities and audit fees, as well as/nwith the presentation of a cash flow statement./n2.2 Participations and posting of dividend payouts/nmade by subsidiaries/nParticipations are stated at historical cost less any necessary impair-/nmens. If the Annual General Meeting of the subsidiaries approves/na dividend payment before the annual financial statements of/nSwisscom Ltd are approved by the Board of Directors, then the corre-/nsponding dividend is recognised as income from participations in the/ncurrent year./n6/nSw/nis/nsc/nom/nLt/nd/nFi/nna/nnc/nia/nl s/nta/nte/nm/nen/nts/n2/n02/n5/n| N/not/nes/nto/nth/ne/nfin/nan/nci/nal/n st/nat/nem/nen/nts/nThe direct and significant indirect participations of Swisscom Ltd are as/nfollows as at 31 December 2024 and 2025:/nShare in capital and voting rights, in % 31.12.2025 31.12.2024/nAudio-Video G + M Holding Ltd, Saint-Gall1 100 100/nAxept Business Software Ltd, Saint-Gall1 100 100/nBlue Entertainment Ltd, Zurich1 100 100/ncablex Ltd, Muri near Berne2 100 100/ncamptocamp SA, Bussigny1 53 53/nFastweb S.p.A., Milan2 100 100/nInnovative Government Ltd, Freienbach1 90 90/nInnovative Web Ltd, Freienbach1 90 90/nlocal.ch Ltd, Berne1 100 100/nMTF Solutions Ltd, Ittigen1 100 100/nNatel Ltd, Ittigen1 100 100/nSwiss Telecom Ltd, Ittigen1 100 100/nSwisscom Broadcast Ltd, Ittigen1 100 100/nSwisscom Digital Technology Ltd, Lausanne1 100 100/nSwisscom Directories Ltd, Zurich1 100 100/nSwisscom Finance B.V., Rotterdam1 100 100/nSwisscom Fixnet Ltd, Ittigen1 100 100/nSwisscom Real Estate Ltd, Ittigen1 100 100/nSwisscom Italia S.r.l., Milan2,3 - 100/nSwisscom RE Ltd, Ittigen¹ 100 100/nSwisscom (Switzerland) Ltd, Ittigen1 100 100/nVodafone Italia S.p.A., Ivrea² 100 100/nWorklink Ltd, Berne1 100 100/n1 Participation directly held by Swisscom Ltd./n2 Participation indirectly held by Swisscom Ltd./n3 Merged with Fastweb S.p.A./n2.3 Derivative financial instruments/nand hedge accounting/nThe derivative financial instruments used for currency and interest/nrate hedging are measured at their market price. The change in market/nprice is recognised in profit or loss. Derivatives that meet the conditions/nfor classification as hedges are measured applying the same principles/nas those that apply to the underlying transaction. Gains and losses/nfrom the underlying transaction and the hedge are treated collectively/n(combined measurement in a hedge accounting context)./n2.4 Treasury shares/nTreasury shares are

Swisscom AG, in Ittigen, CHE-102.753.938, Besondere Rechtsformen (SHAB Nr. 71 vom 11.04.2025, Publ. 1006306757).

Ausgeschiedene Personen und erloschene Unterschriften:
Tschumi, Christa, von Niederbipp, in Kehrsatz, mit Kollektivunterschrift zu zweien.