For management purposes, Sunrise is organised into business units which reflect the different customer groups to which Sunrise provides its telecommunications products and services, and has the following three operating segments, which are its reportable segments:

The Board of Directors assumes the role of the Chief Operating Decision Maker ('CODM') and monitors the operating results of the Residential Customers, Business Customers & Wholesale and Infrastructure & Support Functions segments separately for the purpose of making decisions about resource allocation and performance assessment.

•Residential Customers: Provides fixed-line and mobile services to residential end customers as well as sales of handsets. Sunrise focuses on selling its products in the Swiss telecommunications market by marketing bundled offers in fixed/Internet, mobile and IPTV.

•Business Customers & Wholesale: Provides a full range of products and services, from fixed-line and mobile communications to Internet and data services as well as integration services to various business areas: small office and home office, small and medium-size managed enterprises and large corporate clients. The wholesale product portfolio covers voice, data, Internet and infrastructure services such as carrier and roaming services, which are marketed to business customers.

•Infrastructure & Support Functions: Activities comprise support units such as network, IT and operations (customer care) as well as staff functions like finance, human resources and strategy.

Performance is measured based on Adjusted EBITDAaL as included in the internal financial reports reviewed by the CODM. This is considered an adequate measure of the operating performance of the segments reported to the CODM for the purposes of resource allocation and performance assessment. Assets and liabilities are not allocated to operating segments in the management reports reviewed by the CODM, as the review focuses on adjusted EBITDAaL. Sunrise finance income, finance expenses and income tax expenses are reviewed on a total level, and are therefore not allocated to operating segments. As Sunrise mainly operates in Switzerland, no geographical information is further presented.


	Year ended 31 December 2025
CHF in millions	Residential Customers	Business Customers & Wholesale	Infrastructure & Support Functions	Total
Total revenue	2,107.2	859.0	17.2	2,983.4
Direct costs	(508.2)	(305.9)	(17.1)	(831.2)
Indirect costs1	(392.1)	(114.2)	(447.9)	(954.2)
Lease expense2	(50.7)	(12.7)	(127.7)	(191.1)
Adj. EBITDA after lease expense (EBITDAaL)	1,156.2	426.2	(575.5)	1,006.9

Depreciation and amortisation of property, plant and equipment and intangible assets				(936.4)
Share-based compensation				(49.0)
Restructuring & other				13.5
Finance income/(expense)3				(163.4)
Income tax benefit				19.9
Net (loss)				(108.5)


	Year ended 31 December 2024
CHF in millions	Residential Customers	Business Customers & Wholesale	Infrastructure & Support Functions	Total
Total revenue	2,173.1	830.3	14.6	3,018.0
Direct costs	(515.2)	(299.5)	(15.4)	(830.1)
Indirect costs4	(401.5)	(115.8)	(449.1)	(966.4)
Lease expense5	(52.0)	(13.5)	(133.9)	(199.4)
Adj. EBITDA after lease expense (EBITDAaL)	1,204.4	401.5	(583.8)	1,022.1

Depreciation and amortisation of property, plant and equipment and intangible assets				(917.9)
Share-based compensation				(19.1)
Restructuring & other				(49.9)
Finance income/(expense)6				(413.8)
Income tax benefit				16.7
Net (loss)				(361.9)

2 Contains depreciation and interest expenses for lease arrangements under IFRS 16. Excludes expenses for short-term leases, which are reported in line "Indirect costs".

5 Contains depreciation and interest expenses for lease arrangements under IFRS 16. Excludes expenses for short-term leases, which are reported in line indirect costs".


	Year ended 31 December 2023
CHF in millions	Residential Customers	Business Customers & Wholesale	Infrastructure & Support Functions	Total
Total revenue	2,247.1	776.6	11.5	3,035.2
Direct costs	(537.6)	(271.0)	(26.0)	(834.6)
Indirect costs1	(417.5)	(115.4)	(428.2)	(961.1)
Lease expense2	(51.0)	(11.2)	(133.7)	(195.9)
Adj. EBITDA after lease expense (EBITDAaL)	1,241.0	379.0	(576.4)	1,043.6

Depreciation and amortisation of property, plant and equipment and intangible assets				(992.1)
Share-based compensation				(22.5)
Restructuring & other				(86.1)
Finance income/(expense)3				(315.0)
Income tax benefit				59.9
Net (loss)				(312.2)

2 Contains depreciation and interest expenses for lease arrangements under IFRS 16. Excludes expenses for short-term leases, which are reported in line "Indirect costs".