Shareholders' Letter

Base emoluments and
functional allowances
Meeting
Cash compensation Share-based attendance
2010, in CHF thousand payment fees Total 2010
Anton Scherrer 334 185 76 595
Hugo Gerber 1 98 54 19 171
Michel Gobet 98 54 18 170
Torsten G. Kreindl 114 63 22 199
Hansueli Loosli 2 98 54 25 177
Catherine Mühlemann 98 54 21 173
Felix Rosenberg 144 81 25 250
Richard Roy 114 63 25 202
Othmar Vock 112 63 28 203
Total compensation to members of the Board of Directors 1,210 671 259 2,140
1 In addition, a cash compensation of CHF 9,000 was paid as member of the Board of Directors of Worklink AG.
2 Cash compensation is paid to Coop.
Base emoluments and
functional allowances
Meeting
Cash compensation Share-based attendance
2009, in CHF thousand payment fees Total 2009
Anton Scherrer 334 186 71 591
Fides P. Baldesberger 1 30 13 5 48
Hugo Gerber 2 98 54 18 170
Michel Gobet 98 54 16 168
Torsten G. Kreindl 114 63 20 197
Hansueli Loosli 3,4 64 44 8 116
Catherine Mühlemann 98 54 17 169
Felix Rosenberg 145 81 22 248
Richard Roy 114 63 21 198
Othmar Vock 112 63 25 200
Total compensation to members of the Board of Directors 1,207 675 223 2,105
1 Resigned as of 21 April 2009.
2 In addition, a cash compensation of CHF 9,000 was paid as member of the Board of Directors of Worklink AG, in charge from 1 April 2009.
3 Elected as of 21 April 2009.
4 Cash compensation is paid to Coop.
Remuneration paid to the Group Executive Board
Principles
In line with Swisscom’s general remuneration policy, remuneration for the Group Executive Board
consists of a fixed basic salary component and a variable performance-related component as well
as fringe and additional benefits (in particular company car) and retirement benefits. The Board
of Directors may also at its own discretion reward exceptional individual performance by means
of a bonus in cash or in shares.
The Remuneration Committee reviews the individual remuneration paid to members of the Group
Executive Board every three years of service. Besides individual performance, the amount of the
remuneration depends on the market rate for the position and the function, using the relevant
benchmarks. The following three comparative studies carried out by the renowned consultancy
firms Towers Watson and Hewitt were once again used as benchmarks: The “Top Executive Remuneration”
study by Towers Watson covers 26 companies in Switzerland, primarily from the hightech
and financial sector, and with average revenues of CHF 16 billion and an average workforce
of 29,000 (FTEs). The “Compensation Report”, also by Towers Watson, covers 204 firms of varying