Vontobel full-year 2021 results

Zeno Staub

Thomas Heinzl

CEO

CFO

February 9, 2022

Cautionary statement regarding forward-looking statements and disclaimer

February 9, 2022

This document may contain projections or other forward-looking statements related to Vontobel that are subject to known and unknown risks, uncertainties, and other important factors. These projections and forward-looking statements reflect management's current views and estimates. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. Vontobel's future results may vary materially from the results expressed in, or implied by, the projections and forward-looking statements contained in this document. Potential risks and uncertainties include, in particular, factors such as general economic conditions and foreign exchange, share price and interest rate fluctuations as well as legal and regulatory developments.

The figures presented may not add up precisely to the totals provided in the tables and text. Percentages and percent changes are calculated based on rounded figures displayed in the tables and text and may not precisely reflect the percentages and percent changes that would be derived from figures that are not rounded

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A glossary of non-IFRS performance indicators and abbreviations is provided in the annual report on pages 242 - 243.

Image on cover page: Munich

For Vontobel, Munich is the gateway to the German market and to Europe. Bank Vontobel Europe AG, which is headquartered in the Bavarian city, is the platform for our business in the European Union and the European Economic Area. Through our German subsidiary and our Asset Management business, we have been at the side of our institutional and private clients for more than 20 years - both personally with our teams of experts and also with our digital offering - delivering services and investment solutions.

At Leopoldstrasse in the heart of Munich, our investment experts at Vescore have been developing investment solutions based on quantitative strategies for more than two decades. Alter Hof 5, close to Marienplatz, is the address of our successful Munich Wealth Management team. Further Vontobel teams have their offices at Karlsplatz. Alongside Munich, our specialists in Hamburg and Frankfurt am Main also serve clients in our focus market of Germany. Hamburg is our Wealth Management hub. From our offices in the Frankfurt financial center, we serve Asset Management clients in Germany and Austria, as well as investors in derivative investment solutions throughout Europe - from Scandinavia to Italy and from France to Hungary.

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Overview

Highlights and strategic progress

Financial results

Outlook

Q&A

February 9, 2022

Highlights full-year 2021

February 9, 2022

  • Strong earnings
    • Record net profit CHF 384 million, up 48% YoY
    • Growth across all Client Units; 80% of revenues from AM and WM
  • Solid strategic progress
    • US growth: acquired UBS SFA1 and launched the Fixed Income Boutique
    • Fully acquired TwentyFour Asset Management
    • ESG offering expanded across all asset classes
  • Attractive returns
    • ROE 18.8% on an increased CET1 capital ratio of 16.6%
    • Dividend per share of CHF 3.002, up CHF 0.75 from prior year
  • Well positioned
    • We are entering 2022 with confidence and with focus on our strategic priorities: our clients, our growth initiatives and our digital capabilities

1

Acquisition of UBS Swiss Financial Advisers announced 16.12.21 with expected closing 3Q22, subject to closing conditions

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Proposed to the General Meeting of Shareholders 2022

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Key figures

February 9, 2022

Record financial performance and capital returns

Advised client assets

Net new money

CHF 268 B (+8%)

CHF 8.1 B

of which: CHF 244 B AuM (+11%)

(3.7%)

Operating income

Pre-tax profit

Group net profit

CHF 1,536 M

CHF 467 M

CHF 384 M

(+21%)

(+46%)

(+48%)

Return on Equity

Dividend per share

ROE: 18.8%

CHF 3.001

(+ 5.5 pp)

(+CHF 0.75)

1 Proposed to the General Meeting of Shareholders 2022

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Vontobel Holding AG published this content on 09 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 February 2022 06:07:08 UTC.