Liechtensteinische Landesbank : Brief report on the 2020 business year

Highlights

January

LLB Österreich migrates successfully to the LLB Group's core banking system.

February

LLB wins Refinitiv Lipper Fund Award 2020 for its investment expertise.

April

LiPay - LLB launches its own new contact- less payment solution.

April / May

Bank Linth and LLB AG hold their 2020 General Meetings of Shareholders without shareholders being physically present.

June

LLB launches first Liechtenstein gold fund for sustainable investing.

LLB redesigns bank office in Eschen and strengthens client contact on site.

August

LLB signs UN Principles for Responsible Investment.

LLB successfully issues CHF 150 million bond.

September

LLB Invest KAG ranks first on Austrian investment fund market.

LLB is the first bank in Liechtenstein to offer SARON mortgages.

Sustainable management, environmental and social responsibility, today and tomorrow:

For the LLB Group this is the path to the future.

October

LLB is awarded "Friendly Work Space" label.

Investing sustainably - LLB delivers convincing performance in Fuchsbriefe test.

LLB expands its online offering for private and institutional clients.

Grants by the Future Foundation of Liechtensteinische Landesbank.

November

LLB and Bank Linth are again recognised as top employers.

Discover our oloid on the website. It stands for a corporate strategy, which promises a stable linear development - with edges but no corners.

ar2020.llb.li

Contents

4

Letter to shareholders

8

Information for shareholders

9

Key figures

10

e LLB Group in profile

11

StepUp2020 strategy

12

Consolidated income statement

13

Consolidated balance sheet

14

Our segments

4

Brief report on the 2020 business year

Letter to shareholders

Going forward sustainably

Gabriel Brenna Group CEO

Gabriela Nagel-Jungo

Vice Chairwoman of the Board of Directors