EFG International : concludes share buyback programme

EFG International AG	Phone [phone]
Bleicherweg 8	Fax [phone]
8001 Zurich	efginternational.com
Switzerland
Media Release

EFG International concludes share buyback programme

Zurich, 30 June 2020

EFG International AG today announces the completion of the repurchase programme for its own registered shares as initially communicated on 31 May 2019.

EFG's share buyback programme, which was initially announced on 31 May 2019 and started on 03 June 2019, was concluded on 30 June 2020 as planned. Of the maximum of 8,000,000 registered shares, equivalent to 2.70% of the share capital as of May 2019, EFG repurchased a total of 3,946,243 registered shares on the SIX Swiss Exchange for an amount of CHF 24,566,179. The total of repurchased shares reflects EFG's cautious approach of capital preservation as a result of the coronavirus (COVID-19) pandemic and follows the regulator's recommendations. The repurchased shares are and will be used to fund restricted stock units relating to employee incentive plans, as EFG prevents additional shareholder dilution, caused by the issue of shares from conditional capital in connection with its employee incentive plans.

The details of the share repurchase programme can be found on the following website:https://www.efginternational.com/About-EFG/Investor-relations/Share-Repurchase.html

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EFG International

EFG International is a global private banking group offering private banking and asset management services and is headquartered in Zurich. EFG International's group of private banking businesses operates in around 40 locations worldwide. Its registered shares (EFGN) are listed on the SIX Swiss Exchange.

EFG International AG, Bleicherweg 8, 8001 Zurich, Switzerlandwww.efginternational.com

Important Disclaimer

This document has been prepared by EFG International AG ("EFG") solely for use by you for general information only and does not contain and is not to be taken as containing any securities advice, recommendation, offer or invitation to subscribe for, purchase or redeem any securities regarding EFG.

This release contains specific forward-looking statements that include terms like "believe", "assume", "expect", "target" or similar expressions. Such forward-looking statements represent EFG's judgments and expectations and are subject to known and unknown risks, uncertainties and other factors that may result in a substantial divergence between the actual results, the financial situation, and/or the development or performance of the company and those explicitly or implicitly presumed in these statements. These factors include, but are not limited to: (1) the ability to successfully realise the synergies expected from the integration of BSI SA ("BSI"), (2) general market, macroeconomic, governmental and regulatory trends, (3) movements in securities markets, exchange rates and interest rates, (4) competitive pressures, and (5) other risks and uncertainties inherent in the business of EFG and its subsidiaries, including BSI group legacy risks. EFG is not under any obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law or regulation.

Nothing contained herein is, or shall be relied on as, a promise or representation concerning the future performance of EFG and its subsidiaries. EFG may not realise the full benefits of the integration of BSI, including the expected synergies, cost savings or growth opportunities within the anticipated time frame or at all.