Shareholder's Meeting 2026
At today’s Ordinary Shareholders’ Meeting of Swisscom Ltd at the Zurich Hallenstadion, the shareholders approved all proposals put forward by the Board of Directors. The dividend will rise by 18% to CHF 26 per share.
Swisscom Ordinary Shareholders’ Meeting at the Zurich Hallenstadion
Swisscom Ltd’s 28th Ordinary Shareholders’ Meeting was held today at the Zurich Hallenstadion. 1105 shareholders or 75.47 percent of voting shares were represented. At the end of December 2025, the number of all registered Swisscom shareholders was around 81,600.
Shaping the future together – with innovation and trust: this was the guiding principle under which Michael Rechsteiner, Chairman of the Board of Directors, looked back on a year marked by strategic advances and important milestones: “Over the last year, Swisscom has once again proven that we see change as an opportunity. In 2025, Swisscom further strengthened its position as Switzerland’s leading ICT provider and launched innovations in the fields of cybersecurity and artificial intelligence. We are continuing to invest heavily in digital infrastructure, such as the fibre network, mobile coverage and IT. With the successful takeover of Vodafone Italia, our group is now positioned in Italy as a strong, convergent provider and has put the foundations in place for sustainable growth and innovation. The integration of Vodafone Italia is on track and initial synergies have already been achieved.”
The shareholders approved the 2025 management report, consolidated financial statement, annual financial statement and the report on non-financial matters. They also approved the request by the Board of Directors to increase the ordinary dividend by 18% to CHF 26 gross per share. On 31 March 2026, a net dividend of CHF 16.90 per share will be paid to the shareholders (following the deduction of Swiss federal withholding tax at 35%).
The Meeting discharged the members of the Board of Directors and the Group Executive Committee for the 2025 financial year. It also approved the remuneration report in a consultative vote.
As previously communicated, Frank Esser (1958) has reached the maximum term of office of twelve years established by the Articles of Incorporation. As a result, he did not seek re-election. On behalf of Swisscom, the Board of Directors thanked Mr Esser for his invaluable service. The meeting elected Philippe Deecke as his successor. A Swiss-German-French citizen, Philippe Deecke (1972) is an experienced financial manager with over 20 years in the pharmaceutical and healthcare industry. After working at McKinsey (1998–2005) and completing an MBA at the Cornell Johnson Graduate School of Management, Mr Deecke spent over 16 years at Novartis in senior finance roles, most recently as Global CFO Oncology. He has been CFO of the Lonza Group since 2021 and a member of the Board of Directors of Assura since 2023. It is also planned that Philippe Deecke will take over as Chair of the Audit Committee at the 2027 Shareholders’ Meeting from Roland Abt, who will reach the statutory age limit in 2027 and will therefore not be standing for re-election.
The one-year term of office of all other members of the Board of Directors expired at the Shareholders’ Meeting. All members of the Board of Directors, the Chairman and the members of the Remuneration Committee were re-elected by the Shareholders’ Meeting for a one-year term. The Swiss Federal Council also confirmed that Fritz Zurbrügg would remain in office as Representative of the Swiss Confederation for a further year.
Furthermore, the Shareholders’ Meeting approved the maximum total remuneration of the Board of Directors and the Group Executive Committee for 2027 and re-elected the independent voting proxy and the statutory auditor for a one-year term.