Allocation of Tasks within the Board of Directors

The Board of Directors has established a Nomination and Compensation Committee and an Audit Committee through the enactment of Organizational Regulations for the Board of Directors as well as Organizational Regulations for both the Nomination and Compensation Committee and the Audit Committee. In their respective areas, the Committees are responsible for establishing policies, periodically reviewing their implementation, supervising business activities and preparing and executing resolutions of the Board of Directors. Except for the election of the Chairman of the Board of Directors and the Chairman and members of the Nomination and Compensation Committee by the shareholders’ meeting, the Board of Directors organizes itself. It appoints a Vice-Chairman of the Board of Directors, a Chairman and members of the Audit Committee following the Annual General Meeting for a term of office of one year until the end of the next Annual General Meeting. Re-appointment is possible. The Audit Committee is composed of at least three members of the Board of Directors. The Chairman of the Board of Directors chairs the meetings of shareholders and presides over the Board of Directors. The Chairman has the following duties and powers: calling meetings of the Board of Directors and setting the agenda; supervising, complying with and implementing the resolutions of the Board of Directors; immediately informing all members of the Board of Directors in case of extraordinary events; handling infor­mation requests from other members of the Board of Directors; ensuring that, in urgent business matters where a regular Board resolution cannot be reasonably passed within the required time frame, all measures are taken to safeguard the interests of the Sunrise group; interacting with the CEO and other members of the Group Management Board outside of Board meetings; monitoring the implementation of measures decided by the Board of Directors; and representing the Board of Directors internally and externally. The Vice-Chairman assumes the powers and duties of the Chairman in the absence of the Chairman. The Chairman of the Nomination and Compensation Committee and the Chairman of the Audit Committee chair their respective Committees. The composition of the chair and Committees of the Board of Directors during 2015 was as follows:

CHAIRMAN AND VICE-CHAIRMAN NOMINATION AND COMPENSATION COMMITTEE
AUDIT COMMITTEE
Lorne Somerville 
(Chairman since July 12, 2015,
Vice-Chairman until July 12, 2015)
NOMINATION AND COMPENSATION COMMITTEE
Peter Schöpfer 
(Chairman)
AUDIT COMMITTEEJesper Ovesen 
(Chairman)
Peter Schöpfer 
(Vice-Chairman since July 12, 2015)
NOMINATION AND COMPENSATION COMMITTEE
Lorne Somerville
AUDIT COMMITTEESiddharth Patel
Dominik Koechlin
(Chairman until July 12, 2015)
NOMINATION AND COMPENSATION COMMITTEE
Jesper Ovesen
(member since July 12, 2015)
AUDIT COMMITTEEDaniel Pindur
  NOMINATION AND COMPENSATION COMMITTEE
Dominik Koechlin 
(member until July 12, 2015)
AUDIT COMMITTEE