Swisscom (SCMN) AGM 2026 summary

Opening remarks and agenda

• AGM opened with a focus on bringing AI to life, welcoming shareholders, board, and auditors.

• The meeting was held in German with simultaneous interpretation and broadcast online.

• Formalities included confirmation of quorum, voting procedures, and agenda presentation.

Financial performance review

• Achieved solid financial results in 2025 despite challenging geopolitical and economic conditions.

• Stable cash flows in Switzerland and growing cash flows in Italy supported an increased dividend.

• Retained earnings of CHF 7.87 billion, with CHF 1.347 billion allocated for dividends.

Board and executive committee updates

• Board changes included the departure of Frank Esser and the nomination of Philipp Decke.

• All proposed board members and committee members were elected with strong majorities.

• Board size to be reduced from 10 to 9 members in 2027.