Vontobel : Characteristics of regulatory capital instruments as of 31.12.2021

Annex 2 to FINMA-Circ. 2016/1 Disclosure - banks
	Group	Vontobel Holding AG
	Reporting date	31.12.2021
Table CCA: Presentation of the main features of regulatory capital instruments
1	Issuer	Vontobel Holding AG
2	Identification (ISIN)	CH0419042566
3	Governing law(s) of the instrument	Swiss Law
Regulatory treatment
4	Transitional Basel III rules	AT1
5	Post-transitional Basel III rules	AT1
6	Eligible at solo/group/group&solo	Group
7	Instrument type (types to be specified by each jurisdiction)	Hybrid
8	Amount recognised in regulatory capital (as of most recent capital adequacy report)	CHF 449.1 mn
9	Par value of instrument	CHF 450 mn
10	Accounting classification	Debt issued
(unsecured and subordinated)
11	Original date of issuance	29 June 2018
12	Perpetual or dated	Perpetual
13	Original maturity date	n.a.
14	Issuer call subject to prior supervisory approval	Yes
		31 October 2023
15	Optional call date, contingent call dates and redemption amount	in whole but not in part
		at par plus accrued interest
16	Subsequent call dates, if applicable	any coupon payment date
after first call date
Coupons / dividends
17	Fixed or floating dividend/coupon	Initially fixed
then reset every five years
		2.625%
18	Coupon rate and any related index	(Five-year CHF Mid-Market Swap
Rate (or zero if negative) plus the
		Margin of 260.5bps)
19	Existence of a dividend stopper	Yes
20	Fully discretionary, partially discretionary or mandatory	Fully discretionary
21	Existence of step up or other incentive to redeem	No
22	Noncumulative or cumulative	Non-cumulative
23	Convertible or non-convertible	Non-convertible
24	If convertible, conversion trigger (s)	n.a.
25	If convertible, fully or partially	n.a.
26	If convertible, conversion rate	n.a.
27	If convertible, mandatory or optional conversion	n.a.
28	If convertible, specify instrument type convertible into	n.a.
29	If convertible, specify issuer of instrument it converts into	n.a.
30	Write-down feature	Yes
31	If write-down,write-down trigger(s)	The CET1 Ratio as per the relevant
Cut-off Date is less than 7.00%
32	If write-down, full or partial	Partial
33	If write-down, permanent or temporary	Permanent
34	If temporary write-down, description of write-up mechanism	n.a.
35	Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument)	T2
36	Non-compliant transitioned features	None
37	If yes, specify non-compliant features	n.a.

In case of any deviation between this table and the instrument documentation, the instrument documentation in question would be relevant.