Shareholders approve dividend of CHF 22 per share

Catherine Mühlemann retired from the Board of Directors after reaching the maximum term of office. Valérie Berset Bircher had already stepped down for professional reasons with effect from 31 December 2018. On behalf of Swisscom, the Board of Directors would like to thank Catherine Mühlemann and Valérie Berset Bircher for their tireless and greatly valued service. Sandra Lathion-Zweifel and Michael Rechsteiner were elected as new members of the Board of Directors, the former as a staff representative. Sandra Lathion-Zweifel is counsel for the Lenz & Staehelin law firm in Geneva. She has a licentiate degree in law, a Master of Laws from Columbia University, New York, and a trader’s licence from the SIX Swiss Exchange, as well as many years of management experience in the financial industry and as a lawyer. Michael Rechsteiner is the European head of Power Services and Gas Power at General Electric. He has a Master’s in Mechanical Engineering from ETH Zurich and a Master’s in Business Administration from the University of St. Gallen, as well as many years of management experience at international corporations. The one-year terms of office of all the other members of the Board of Directors also expired at the Annual General Meeting. All the members of the Board of Directors, the Chairman and the members of the Remuneration Committee were re-elected at the Annual General Meeting for a further year. In addition, the Annual General Meeting approved the total remuneration of the Board of Directors and Group Executive Board for 2020 and elected Reber Rechtsanwälte KIG as the independent proxy and PricewaterhouseCoopers (PwC) as the new auditors.