Extraordinary General Meeting of Julius Baer Group Ltd. Montag, 02. November 2020 - 17:40

Zurich, 2 November 2020 – At today’s extraordinary General Meeting of Julius Baer Group Ltd. the shareholders passed the agenda item and proposal submitted by the Board of Directors.

The extraordinary General Meeting 2020 of Julius Baer Group Ltd. passed the following resolution:

The appropriation of the disposable profit, the dissolution of CHF 83.9 million out of ‘statutory capital reserve’ and of CHF 83.9 million out of ‘voluntary retained earnings reserve’ as well as the proposed second distribution in the total amount of CHF 0.75 per registered share were approved. This corresponds to a distribution of CHF 0.375 per registered share, which is not subject to the Swiss withholding tax and shall be paid free of expense from 6 November 2020, and a dividend of CHF 0.375 per registered share, which is subject to the Swiss withholding tax and shall also be paid from 6 November 2020.

At the request of the Swiss Financial Market Supervisory Authority FINMA and in support of a joint effort in the face of the challenges of the COVID-19 crisis, the Board of Directors decided on 9 April 2020 to amend its original 2019 dividend proposal by splitting the distribution of CHF 1.50 per ordinary share into two equal distributions of CHF 0.75 per share. The first distribution of CHF 0.75 per share was made on 25 May 2020.

The result of the vote as well as the brief minutes will be published on the website on www.juliusbaer.com/egm 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. At the end of September 2020, assets under management amounted to CHF 413 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 20 countries and more than 50 locations. Headquartered in Zurich, we have offices in key locations including Dubai, Frankfurt, Geneva, Hong Kong, London, Luxembourg, Mexico City, Milan, Monaco, Montevideo, Moscow, Mumbai, São Paulo, Singapore 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 www.juliusbaer.com