3.2 Shares, participation certificates and profit-sharing certificates

All shares issued by Swisscom Ltd are fully paid-up registered shares with a par value of CHF 1. Each share entitles the holder to one vote. Shareholders may only exercise their voting rights if their shares have been entered with voting rights in the share register of Swisscom Ltd. All registered shares, with the exception of treasury shares held by Swisscom, are eligible for a dividend. There are no preferential rights.

Swisscom Ltd does not issue registered shares in certificate form; instead, they are held as book-entry securities in the depositary holdings of SIX SIS AG, up to a maximum limit determined by the Swiss Confederation. Shareholders may request confirmation of their registered shares at any time but they are not entitled to receipt of printed share certificates.

The rights of ADR holders (such as the right to issue instructions for the exercise of voting rights and the right to dividends) are listed in the deposit agreement. Deutsch Bank (The Bank of New York Mellon Corporation until 29 January 2026), which acts as the ADR depositary, is listed as the shareholder in the share register. As such, ADR holders are unable to directly enforce or exercise shareholder rights. Deutsche Bank exercises the voting rights as instructed by ADR holders and abstains in the absence of instructions.

Swisscom Ltd has not issued participation or profit-sharing certificates.

Further information on shareholding is available in Section 7 Shareholders participation rights and in the Capital Market.