Finance Committee

The Finance Committee (the "Committee") of the Board of Directors (the "Board") of QUALCOMM Incorporated (the "Company") assists the Board in assessing the financial position of the Company and in making decisions regarding the Company's financing needs and alternatives as well as in making major strategic investment decisions. The Committee also assists the Board by providing oversight to the Company's budgeting process and recommending the annual budget to the Board for its approval. This Charter specifies the scope of authority and the responsibilities of the Committee.

1. The Committee shall consist of three or more directors, a majority of whom shall meet the independence requirements contained in the NASDAQ listing standards, such independence to be determined by the Governance Committee of the Board (the "Governance Committee").

2. Members of the Committee, including the chairperson of the Committee, shall be appointed annually by the Board on the recommendation of the Governance Committee. Members may be replaced by the Board at any time, but shall otherwise serve until a successor has been named.

3. The Committee shall meet from time to time, as it deems necessary, but at least once per year. The Committee may include management at its meetings, but shall also hold an executive session at each meeting at which only independent directors are present.

4. The Committee shall have the authority to form and delegate responsibilities to sub committees when appropriate.

5. The Committee shall maintain written minutes of its meetings, which minutes will be filed in the corporate minute book.

To fulfill its responsibilities and duties hereunder, the Committee shall:

Committee Functions

1. Review and evaluate the financial position of the Company, and, oversee, on a periodic basis, the Company's treasury functions and policies, including but not limited to cash management, investment activities, hedging and securities lending.

2. Review, assess and evaluate management's recommendations for capital structure, debt and financing alternatives.

3. Review, assess and evaluate management's recommendations for major strategic investments and other financial transactions, such as dividends and stock repurchases, to be made by the Company.

4. Based upon its review and assessment of the Company's financial position and management recommendations, submit for approval recommendations to the Board.

5. Review and provide oversight with respect to the Company's processes and procedures for the development and adoption of its annual operating budget. As part of this oversight responsibility, the Committee shall review with management the draft annual operating budget, including the material assumptions contained therein, and shall make a recommendation to the Board with respect to the annual operating budget's adoption.

6. Regularly report to the Board on its activities, recommendations and conclusions.


1. Review and reassess the adequacy of this Charter at least annually and recommend any proposed changes to the Board for approval. The Committee will also review its own performance, at least annually, for purposes of self evaluation and to encourage the continuing improvement of the Committee in the execution of its responsibilities.

2. Perform such other functions and have such other powers as shall be delegated to it by the Board and as the Committee shall deem necessary for the efficient discharge of the responsibilities set forth or authorized herein.

3. Have the authority to obtain advice and assistance from internal or external advisors and experts.

4. Have the authority to direct the payment of fees and costs of advisors and experts retained by the Committee, which fees and costs shall be borne by the Company.
Amended September 21, 2009

Committee Members

Barbara T. Alexander
Barbara T. Alexander

Barbara T. Alexander has served as a director since July 2006. Ms. Alexander has been an independent consultant since February 2004. She was a senior advisor for UBS from October 1999 to January 2004 and a managing director of Dillon Read & Co., Inc. (Dillon Read) from January 1992 to September 1999. Prior to joining Dillon Read, Ms. Alexander was a managing director in the corporate finance department of Salomon Brothers. Ms. Alexander is past Chairman of the Board of the Joint Center for Housing Studies at Harvard University (the Center) and is currently a member of that board’s executive committee and a senior industry fellow of the Center. Ms. Alexander has been a director of Allied World Assurance Company Holdings, Ltd. since August 2009 and Choice Hotels since February 2012. Ms. Alexander previously served as a director of KB Home from October 2010 to April 2014, Federal Home Loan Mortgage Corporation (Freddie Mac) from November 2004 to March 2010, Centex Corporation from July 1999 to August 2009, Harrah’s Entertainment, Inc. from February 2002 to April 2007 and Burlington Resources, Inc. from January 2004 to March 2006. She holds B.S. and M.S. degrees in theoretical mathematics from the University of Arkansas.


Harish Manwani
Harish Manwani

Harish Manwani has served as a director of the Company since May 2014. Mr. Manwani was the Chief Operating Officer for Unilever PLC, a leading global consumer products company, from September 2011 to December 2014. He served as Unilever's President, Asia, Africa, Middle East and Turkey, which was later extended to include Central and Eastern Europe, from April 2005 to August 2011. He served as Unilever's President, Home & Personal Care, North America from March 2004 to March 2005. He served as Unilever's President, Home & Personal Care, Latin America and as the Chairman of Unilever's Latin America Advisory Council from April 2001 to February 2004. He served as Unilever's Senior Vice President, Global Hair and Oral Care from June 2000 to March 2001. He served as a whole time Director on the board of Hindustan Unilever Limited from August 1995 to April 2000, a company he joined as a management trainee in 1976, and subsequently held various general management positions of increasing responsibilities within Unilever globally. Mr. Manwani has been a director of Whirlpool Corporation since August 2011, Pearson plc since October 2013, Nielsen, N.V. since January 2015 and Non-Executive Chairman of Hindustan Unilever Limited since July 2005. He has also been a director of The Economic Development Board (Singapore) since February 2013 and the Indian School of Business since April 2006. Mr. Manwani previously served as a director of ING Group from April 2008 to April 2010, the Citigroup India Advisory Board from November 2010 to February 2013 and the Human Capital Leadership Institute from October 2012 to February 2014. Mr. Manwani holds a B.Sc. honors degree in statistics and an M.M.S. degree in management studies, both from Mumbai University in India. He has also attended the Advanced Management Program at Harvard Business School.

Dr. Francisco Ros
Dr. Francisco Ros

Dr. Francisco Ros has served as a director of the Company since December 2010. Dr. Ros is President of First International Partners, S.L., a business consulting firm he founded in 2002. He was Secretary of State (vice minister) of the Government of Spain from May 2004 to July 2010. He served as a senior director of business development of Qualcomm from July 2003 to April 2004. From January 2000 to June 2002, he was Chairman and CEO of Alua Broadband Optical Access, a company he co-founded. From May 1996 to October 1998, Dr. Ros served as President and CEO of Unisource (a joint venture among KPN, Telia, Swisscom and Telefónica). From April 1983 to November 1996, Dr. Ros headed several business areas within the Telefónica Group and became Managing Director of the holding company and a member of its Executive Management Board. Dr. Ros has been a director of Elephant Talk Communications Corp. since September 2014 and Non-Executive Chairman of Asurion Europe Limited in Spain since April 2014. He was a director of Proteccion On-Line S.L. from October 2012 to June 2013. In 2011, he was the recipient of the Great Cross of the Order of Civil Merit and the Great Plate of Telecommunications and the Information Society, both granted by the Government of Spain. Dr. Ros holds an engineering and a Ph.D. degree in telecommunications from the Universidad Politecnica de Madrid, an M.S. degree in electrical engineering and a Ph.D. degree in electrical engineering and computer science from the Massachusetts Institute of Technology (MIT) and an advanced management degree from the Instituto de Estudios Superiores de la Empresa (IESE, Business School) in Madrid.