v3.25.4
SHARE-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangements [Abstract]  
Disclosure of share-based compensation costs
The following share-based compensation related expenses have been recognised in the statements of income or loss:

CHF in millions
December 31, 2025
December 31, 2024
Non-performance based incentive awards
13.0
4.9
Performance-based incentive awards
7.7
1.2
Shares
4.9
0.8
Shareholding Incentive Plan (SHIP)1
4.3
2.3
Employee Share Purchase Plan (ESPP)2
16.5
—
Other
2.6
9.9
Total share-based payments costs
49.0
19.1

1 Certain employees can elect to receive up to 100% of the earned bonus in shares with a 12.5% premium in Restricted Share Units, subject to a one-year vesting period if the shares are held for that duration
2 Sunrise rolled out an Employee Share Purchase Plan (ESPP) in 2025 for all Sunrise employees (excluding the senior leaders and the Executive Committee).
Disclosure of fair value at grant date
The following table provides an overview of Sunrise’s LTI awards:

Grant date
FV at grant date
Non-performance based incentive awards
LTI 2024 RSU
25/3/2024
34.07
LTI 2024 SAR
25/3/2024
9.66
LTI 2024 RSU
2/8/2024
36.59
LTI 2024 SAR
2/8/2024
10.45
Initial Award RSU
6/12/2024
41.55
Initial Award RSU
30/12/2024
39.32
LTI 2025 RSU
1/4/2025
42.70
LTI 2025 RSU
1/9/2025
50.20
Performance-based incentive awards
LTI 2024 PSU
25/3/2024
50.01
LTI 2024 PSU
2/8/2024
44.65
Initial Award PSU
6/12/2024
42.09
Initial Award PSU
30/12/2024
42.09
LTI 2025 PSU
1/4/2025
51.27
LTI 2025 PSU
1/9/2025
62.47
3 Sunrise has the intent to settle these awards in shares.
Disclosure of other equity options
2025
2024
Number of units
PSUs
RSUs
SARs
Shares
Total
PSUs
RSUs
SARs
Shares
Total
Balance 1 January
421,608
399,399
461,244
—
1,282,251
—
—
—
—
—
Granted
278,930
136,589
—
—
415,519
421,608
408,262
471,729
99,186
1,400,785
Settled
(1,018)
(126,251)
(79,474)
—
(206,743)
—
—
—
(99,186)
(99,186)
Forfeited
(8,984)
(20,174)
(21,238)
—
(50,396)
—
(8,863)
(10,485)
—
(19,348)
Balance 31 December
690,536
389,563
360,532
—
1,440,631
421,608
399,399
461,244
—
1,282,251
Disclosure of weighted average strike prices
2025
2024
Number of SARs Units
Weighted Average Strike Price (CHF)
Number of SARs Units
Weighted Average Strike Price (CHF)
Balance 1 January
461,244
33.88
—
—
Granted
—
—
471,729
33.88
Settled
(79,474)
33.74
—
—
Forfeited
(21,238)
33.57
(10,485)
33.57
Balance 31 December
360,532
33.93
461,244
33.88