Further disclosures
Information on the participation rights held by the members of the Board of Directors and the Group Executive Committee is disclosed in the Remuneration Report (sections 2.5 and 3.5).
As at 31 December 2025, guarantee obligations existed for Group companies in favour of third parties totalling CHF 234 million (prior year: CHF 235 million). In addition, Swisscom Ltd guarantees the debenture bonds issued by its subsidiary Swisscom Finance B.V. with a total notional amount of EUR 6,600 million (CHF 6,145 million). Furthermore, financial assets totalling CHF 118 million (prior year: CHF 140 million) were not freely available. These assets serve to secure commitments arising from bank loans.