| SUBSIDIARIES AND ASSOCIATES The following table lists the principal legal entities which are included in the consolidated financial statements:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Company Name | | | Operating Purpose | | | Registered Office | | | Currency | | | 31 December 2025 Capital and Voting Rights Share in % | | | 31 December 2024 Capital and Voting Rights Share in % | | | | | | | | | | | | | | | | | CH Media TV AG 1 | | | Media | | | Switzerland | | | CHF | | | 20.00 | | | 20.00 | ello communications S.A. | | | Telecommunications | | | Switzerland | | | CHF | | | 60.00 | | | 60.00 | ITV Betriebsgesellschaft GmbH 1 | | | Telecommunications | | | Switzerland | | | CHF | | | 50.00 | | | 50.00 | Naxoo S.A 1 | | | Telecommunications | | | Switzerland | | | CHF | | | 48.80 | | | 48.80 | REGIONALE GEMEINSCHAFTS-ANTENNEN-ANLAGE SPIEZ AG REGAS 1 | | | Telecommunications | | | Switzerland | | | CHF | | | 30.00 | | | 30.00 | Sitel S.A. | | | Telecommunications | | | Switzerland | | | CHF | | | 66.70 | | | 66.70 | Sunrise Financing Partnership | | | Holding | | | United States | | | CHF | | | 100.00 | | | 100.00 | Sunrise FinCo I B.V. | | | Holding | | | Netherlands | | | CHF | | | 100.00 | | | 100.00 | Sunrise FinCo II B.V. | | | Holding | | | Netherlands | | | CHF | | | 100.00 | | | 100.00 | Sunrise GmbH | | | Telecommunications | | | Switzerland | | | CHF | | | 100.00 | | | 100.00 | Sunrise HoldCo I B.V. | | | Holding | | | Netherlands | | | CHF | | | 100.00 | | | 100.00 | Sunrise HoldCo II B.V. | | | Holding | | | Netherlands | | | CHF | | | 100.00 | | | 100.00 | Sunrise HoldCo III B.V. | | | Holding | | | Netherlands | | | CHF | | | 100.00 | | | 100.00 | Sunrise HoldCo IV B.V.2 | | | Holding | | | Netherlands | | | CHF | | | 100.00 | | | 100.00 | Sunrise HoldCo V B.V. | | | Holding | | | Netherlands | | | CHF | | | 100.00 | | | 100.00 | Sunrise HoldCo VI B.V.3 | | | Holding | | | Netherlands | | | CHF | | | 100.00 | | | 100.00 | Sunrise Portugal S.A. | | | Telecommunications | | | Portugal | | | CHF | | | 100.00 | | | 100.00 | Swiss Open Fiber AG | | | Telecommunications | | | Switzerland | | | CHF | | | 100.00 | | | 100.00 | Swiss-Ski Store GmbH 1 | | | Other | | | Switzerland | | | CHF | | | 50.00 | | | 50.00 | TELDAS GmbH 1 | | | Telecommunications | | | Switzerland | | | CHF | | | 23.00 | | | 23.00 | Télédistal S.A.4 | | | Telecommunications | | | Switzerland | | | CHF | | | 38.90 | | | 38.90 | Télévaux S.A. | | | Telecommunications | | | Switzerland | | | CHF | | | 80.00 | | | 80.00 | UPCB Finance VII Limited 5 | | | Holding | | | Cayman Islands | | | CHF | | | — | | | — | | | | | | | | | | | | | | | | |
1 Investment is accounted for using the equity method. 2 In 2023, Sunrise HoldCo IV B.V. was directly held by Sunrise HoldCo V B.V. (former Liberty Global Europe Financing B.V.). All other entities were indirect subsidiaries of Sunrise HoldCo V B.V. (former Liberty Global Europe Financing B.V). 3 Since 2024, following the spin-off, Sunrise HoldCo VI B.V. is directly held. All other entities are indirect subsidiaries of Sunrise Communications AG. 4 Télédistal S.A. is controlled by Sitel S.A. (58.3%) and Sitel S.A. is controlled by Sunrise GmbH (66.7%). 5 As of 31 December 2024, no shares are held, but the entity is controlled by Sunrise.
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