Executive Board. According to Art. 10 para. 1 TUG, the Executive Board, whose members are elected by the Board of Directors, is in charge of the executive management of the business of the Corporation. The Executive Board shall consist of one or several members who may not simultaneously be members of the Board of Directors. Exceptions are permitted for a limited period of time in extraordinary circumstances. The members of the Executive Board need not be shareholders. Back to Contents Swisscom AG Articles of Incorporation - 10 - Unofficial English translation of the German original text
