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Further information
Information on the participation rights held by the members of the Board of Directors and the Group Executive Board is also disclosed in the Remuneration Report (sections 2.5 and 3.5).
As at 31 December 2021, guarantee obligations exist for Group companies in favour of third parties totalling CHF 275 million (prior year: CHF 253 million), and financial assets totalling CHF 155 million (prior year: CHF 149 million) were not freely available. These assets serve to secure commitments arising from bank loans.
Swisscom Ltd carried out the equal pay analysis in accordance with the Gender Equality Act using the standard analysis tool Logib and this was reviewed by PwC. PwC states in its report that during the formal review of the equal pay analysis, it did not come across any facts from which it would have to conclude that the equal pay analysis does not comply with the legal requirements in all respects.