Zurich, 13 April 2023 – At today’s Annual General Meeting of Julius Baer Group Ltd. the shareholders passed all agenda items and proposals submitted by the Board of Directors.

In detail, the Annual General Meeting 2023 of Julius Baer Group Ltd. passed the following resolutions:

• The Financial Statements and Consolidated Financial Statements 2022 were approved and the Remuneration Report 2022 was approved in a consultative vote.
• The appropriation of the disposable profit and the dividend of CHF 2.60 per registered share were approved. The dividend is subject to the Swiss withholding tax and shall be paid from 19 April 2023.
• The members of the Board of Directors and of the Executive Board were discharged for the 2022 financial year.
• The maximum aggregate amount of compensation of the Board of Directors for the coming term of office (AGM 2023 – AGM 2024) was approved.
• Additionally, the shareholders approved the Executive Board’s aggregate amount of variable cash-based compensation elements for the completed financial year 2022, the aggregate amount of variable share-based compensation elements that are allocated in the current financial year 2023 and the maximum aggregate amount of fixed compensation for the next financial year 2024.
• The Board members Romeo Lacher, Gilbert Achermann, Richard Campbell-Breeden, David Nicol, Kathryn Shih, Tomas Varela Muiña, Eunice Zehnder-Lai and Olga Zoutendijk were re-elected for a one-year term.
• Juerg Hunziker was elected as new independent member of the Board of Directors for a one-year term.
• Romeo Lacher was re-elected as Chairman of the Board of Directors for a one-year term.
• Gilbert Achermann, Richard Campbell-Breeden, Kathryn Shih and Eunice Zehnder-Lai were re-elected as members of the Compensation Committee (part of the Nomination & Compensation Committee) for a one-year term.
• KPMG AG, Zurich, was appointed as Statutory Auditors for another one-year period.
• Marc Nater, Wenger Plattner Attorneys at Law, Kuesnacht, was elected as independent representative until the end of the next Ordinary Annual General Meeting in 2024.
• The cancellation of 7,799,460 own shares bought back until 28 February 2023 under the share buyback programme launched in 2022 and the respective capital reduction from CHF 4,276,024.80 to CHF 4,120,035.60 were approved.
• The amendments to the Articles of Incorporation to comply with the new Swiss corporate law, which came into force on 1 January 2023, were approved.

The detailed voting results as well as the brief minutes will be published on the website on /agm by tomorrow.

Contacts

Media Relations, tel. +41 (0) 58 888 8888

Investor Relations, tel. +41 (0) 58 888 5256

About Julius Baer

Julius Baer is the leading Swiss wealth management group and a premium brand in this global sector, with a focus on servicing and advising sophisticated private clients. In all we do, we are inspired by our purpose: creating value beyond wealth. At the end of 2022, assets under management amounted to CHF 424 billion. Bank Julius Baer & Co. Ltd., the renowned Swiss private bank with origins dating back to 1890, is the principal operating company of Julius Baer Group Ltd., whose shares are listed on the SIX Swiss Exchange (ticker symbol: BAER) and are included in the Swiss Leader Index (SLI), comprising the 30 largest and most liquid Swiss stocks.

Julius Baer is present in over 25 countries and around 60 locations. Headquartered in Zurich, we have offices in key locations including Bangkok, Dubai, Dublin, Frankfurt, Geneva, Hong Kong, London, Luxembourg, Madrid, Mexico City, Milan, Monaco, Mumbai, Santiago de Chile, São Paulo, Shanghai, Singapore, Tel Aviv and Tokyo. Our client-centric approach, our objective advice based on the Julius Baer open product platform, our solid financial base and our entrepreneurial management culture make us the international reference in wealth management.

For more information visit our website at