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Sunrise (SNNRF) shareholders approve dividend, pay structure and board at AGM

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(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Sunrise Communications held its Annual General Meeting in Zurich, where shareholders approved all agenda items proposed by the Board. Shareholder participation reached 78.53% of the registered stock, indicating broad engagement.

For the 2025 financial year, shareholders approved the consolidated and statutory financial statements and the non-financial reporting. They also backed a dividend of CHF 3.42 per Class A Share and CHF 0.34 per Class B Share. The dividend will be paid from reserves from foreign capital contributions and treated as a repayment of qualifying additional paid-in capital, so it is not subject to the 35% Swiss withholding tax. The ex-dividend date is 11 May 2026, with payment expected on 13 May 2026.

Shareholders granted discharge to the Board and management, approved the 2025 Compensation Report in an advisory vote, and authorized maximum aggregate compensation for the Board for the 2026–2027 term and for the Executive Committee for 2027. They re-elected all nominated directors, including chairman Michael T. Fries, confirmed members of the Compensation Committee, and re-appointed Anwaltskanzlei Keller AG as Independent Voting Rights Representative and KPMG AG as auditors for 2026.

Positive

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AGM participation 78.53% of registered stock Votes represented at Annual General Meeting
Class A dividend CHF 3.42 per share Dividend for financial year 2025
Class B dividend CHF 0.34 per share Dividend for financial year 2025
Ex-dividend date 11 May 2026 Dividend timing for Sunrise shares
Dividend payment date 13 May 2026 Expected cash dividend payment
Mobile customers 3.16 million Customer base as of end of December 2025
Broadband customers 1.28 million Customer base as of end of December 2025
TV customers 0.97 million Customer base (RGUs) as of end of December 2025
Employees Around 2,900 FTEs Workforce size, roughly 80 nations
Independent Voting Rights Representative regulatory
"the votes represented by the Independent Voting Rights Representative, represented 78.53% of the registered stock"
Non-Financial Reporting regulatory
"the Annual Financial Statements of Sunrise Communication AG for the financial year 2025 and the Non-Financial Reporting were all approved"
Compensation Committee financial
"confirmed Adam Bird, Ingrid Deltenre and Enrique Rodriguez as members of the Compensation Committee for a term of office"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
reserves from foreign capital contributions financial
"The dividend will be paid exclusively from reserves from foreign capital contributions and hence treated as a repayment"
repayment of qualifying additional paid-in capital financial
"and hence treated as a repayment of qualifying additional paid-in capital for Swiss tax purposes"
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of May, 2026

Commission File Number: 001-42394

 

 

Sunrise Communications AG

(Exact name of registrant as specified in its charter)

 

 

Thurgauerstrasse 101b

8152 Glattpark (Opfikon), Switzerland

Tel: +41 58 777 76 66

(Address of principal executive office)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☒   Form 40-F ☐

 

 
 


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

SUNRISE COMMUNICATIONS AG

By:   /s/ Marcel Huber
  Name:   Marcel Huber
  Title:   General Counsel and Corporate Affairs Officer of Sunrise Communications AG

Date: May 7, 2026


EXHIBIT

 

Exhibit

  

Description of Exhibit

99.1    News Release dated May 7, 2026

Exhibit 99.1

 

LOGO

Media Release

Opfikon, 7 May 2026

Annual General Meeting

Sunrise Annual General Meeting: all agenda items approved

At today’s Annual General Meeting of the shareholders of Sunrise Communications AG at Kongresshaus Zurich, all agenda items were approved in line with the proposals of the Board of Directors. The total number of votes, including the votes represented by the Independent Voting Rights Representative, represented 78.53% of the registered stock.

Dividend of CHF 3.42 per Class A Share and CHF 0.34 per Class B Share

The Consolidated Financial Statements of the Sunrise Group and the Annual Financial Statements of Sunrise Communication AG for the financial year 2025 and the Non-Financial Reporting were all approved.

The shareholders additionally approved the proposal of the Board of Directors to distribute a dividend of CHF 3.42 per Class A Share and CHF 0.34 per Class B Share. The dividend will be paid exclusively from reserves from foreign capital contributions and hence treated as a repayment of qualifying additional paid-in capital for Swiss tax purposes. The dividend for the financial year 2025 will therefore not be subject to Swiss withholding tax of 35%.

The members of the Board of Directors and the persons entrusted with management were granted discharge for their activities in the financial year 2025.

The Annual General Meeting approved the Compensation Report 2025 in an advisory vote. Furthermore, it approved the maximum aggregate amount of compensation of the Board of Directors for the term of office from the 2026 Annual General Meeting to the 2027 Annual General Meeting and the maximum aggregate amount of compensation of the Executive Committee for the financial year 2027.

The shareholders also approved the Board of Directors’ proposal to re-elect Anwaltskanzlei Keller AG as the Independent Voting Rights Representative until the completion of the next Annual General Meeting and the re-election of KPMG AG as the Auditors for the financial year 2026.

Dividend dates

The ex-dividend date of the Sunrise shares is 11 May 2026, and the expected payment date is 13 May 2026.

Elections

Michael T. Fries was re-elected as a member of the Board of Directors and as its chairman for a term of office extending until the completion of the next Annual General Meeting.

The current members of the Board of Directors – Adam Bird, Ingrid Deltenre, Thomas D. Meyer, Catherine Mühlemann, Enrique Rodriguez and Lutz Schüler – who were nominated for re-election were confirmed for a further term of office extending until the completion of the next Annual General Meeting.

 

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LOGO

 

The Annual General Meeting also confirmed Adam Bird, Ingrid Deltenre and Enrique Rodriguez as members of the Compensation Committee for a term of office extending until the completion of the next Annual General Meeting.

 

Sunrise Investor Relations
Alex Herrmann

+41 58 777 61 00
investor.relations@sunrise.net

  

Sunrise Media Relations

Rolf Ziebold

+41 58 777 76 66
media@sunrise.net

About Sunrise

Sunrise Communications AG («Sunrise»), with its strong number two position, is the leading challenger in the Swiss telecom market and is listed on the SIX Swiss Exchange (SUNN).

With the most comprehensive landline network access and a world-class mobile network, Sunrise offers the highest gigabit coverage in Switzerland, stands out for premium quality and is optimally equipped for growth. With its world-class, future-proof networks, Sunrise offers private customers high-quality mobile, landline, broadband and TV services and supports business customers from a one-stop shop with 360° communication and integrated ICT solutions for connectivity, security and IoT to accelerate their digitalisation.

As of the end of December 2025, the Sunrise customer base included around 3.16 million mobile, 1.28 million broadband and 0.97 million TV customers (RGUs), as well as thousands of companies as business customers.

Sunrise boasts a dynamic and international environment where everyone has a voice, where perspectives are shared and where values are respected. Sunrise believes that providing equal opportunities to a diverse workforce is critical to the company’s success. Around 2,900 employees (FTEs) from roughly 80 nations contribute to the success of Sunrise with their expertise, innovative thinking and exceptional commitment, reflecting the diversity of its customers.

www.sunrise.ch

 

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FAQ

What dividend did Sunrise Communications (SNNRF) approve at the 2026 AGM?

Sunrise approved a dividend of CHF 3.42 per Class A Share and CHF 0.34 per Class B Share for the 2025 financial year. The payout comes from foreign capital contribution reserves and is treated as a repayment of qualifying additional paid-in capital for Swiss tax purposes.

When will Sunrise Communications (SNNRF) pay the 2025 dividend?

The Sunrise dividend has an ex-dividend date of 11 May 2026 and an expected payment date of 13 May 2026. Shareholders of record before the ex-dividend date are eligible to receive the cash distribution on the stated payment date.

Is the Sunrise Communications (SNNRF) dividend subject to Swiss withholding tax?

The approved dividend for the 2025 financial year is not subject to the 35% Swiss withholding tax. It will be paid entirely from reserves from foreign capital contributions, qualifying as a repayment of additional paid-in capital for Swiss tax purposes rather than taxable income.

What shareholder support did Sunrise Communications (SNNRF) have at its 2026 AGM?

At the Annual General Meeting, 78.53% of the registered stock was represented, including votes by the Independent Voting Rights Representative. All agenda items proposed by the Board of Directors were approved, indicating strong backing for the company’s governance and proposals.

Were Sunrise Communications (SNNRF) board members and auditors re-elected?

Shareholders re-elected Michael T. Fries as a director and chairman, along with all nominated incumbent board members. They also confirmed Adam Bird, Ingrid Deltenre and Enrique Rodriguez for the Compensation Committee and re-appointed KPMG AG as auditors for the 2026 financial year.

How large is Sunrise Communications’ (SNNRF) customer base and workforce?

As of the end of December 2025, Sunrise had about 3.16 million mobile, 1.28 million broadband and 0.97 million TV customers (RGUs). Around 2,900 full-time equivalent employees from roughly 80 nations support its operations and growth in the Swiss telecom market.

Filing Exhibits & Attachments

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