Julius Baer Gruppe AG · SIX:BAER

Julius Baer Gruppe — Julius Baer Holding — Merger or Acquisition (November 2005)

16 slides from Julius Baer Gruppe's merger presentation, Nov 10, 2005

  1. Slide 1: The new Julius Baer Group

    C:\temp\40 Analyst.ppt The new Julius Baer Group Address by Raymond J. Baer Chairman of the Board Extraordinary Shareholders' Meeting Julius Baer Holding Ltd. Zurich, 10 November 2005 NEITHER THESE MATERIALS NOR THE PRESENTATION CONSTITUTES OR FORMS PART OF ANY OFFER OF SECURITIES IN SWITZERLAND, TH

  2. Slide 2: Disclaimer

    caesar2\Communication\Analyst Presentation\Prez\Reduced Version_one on ones_02.ppt THESE MATERIALS, WHICH HAVE BEEN ISSUED BY JULIUS BAER HOLDING AG (THE "COMPANY"), COMPRISE THE WRITTEN MATERIALS/SLIDES FOR A PRESENTATION TO SHAREHOLDERS CONCERNING THE COMPANY'S PROPOSED ACQUISITION OF THE SUBSIDIA

  3. Slide 3: Forward Looking Statements

    caesar2\Communication\Analyst Presentation\Prez\Reduced Version_one on ones_02.ppt FORWARD LOOKING STATEMENTS THIS PRESENTATION INCLUDES FORWARD-LOOKING STATEMENTS THAT REFLECT THE COMPANY'S INTENTIONS, BELIEFS OR CURRENT EXPECTATIONS AND PROJECTIONS ABOUT THE ACQUISITION, THE FINANCING THEREOF, POT

  4. Slide 4: Annual General Meeting of April 2005 (1)

    C:\temp\40 Analyst.ppt Annual General Meeting of April 2005 (1) ƒ AGM decision: foundation for future development ƒ Single-class share structure: logical progression in our corporate history ƒ "Single-class share structure enables us to undertake key steps. Efficient decision structures also enable

  5. Slide 5: Annual General Meeting of April 2005 (2)

    C:\temp\40 Analyst.ppt Annual General Meeting of April 2005 (2) ƒ "Ambition to maintain Julius Baer as an independent brand" ƒ "Faith in an independent and competitive Julius Baer Group" ƒ "Sustainable credibility Î perspective for all stakeholders" ƒ "Capital must be employed responsibly and profit

  6. Slide 6: Julius Baer to acquire three private banks and GAM from UBS

    C:\temp\48 Analyst.ppt Julius Baer to acquire three private banks and GAM from UBS ƒ Acquisition includes ƒ Three high-quality private banks ƒ Ehinger & Armand von Ernst, Zurich, with CHF 21 bn of AuM* ƒ Ferrier Lullin, Geneva, with CHF 16 bn of AuM* ƒ BDL Banco di Lugano, Lugano, with CHF 15 bn of

  7. Slide 7: Only independent private bank with roots in all major regions of Switzerland

    C:\temp\48 Analyst.ppt Only independent private bank with roots in all major regions of Switzerland Cantrade 1952 Bank Ehinger 1810 Julius Baer 1890 Basle Zurich Armand von Ernst 1812 Zug Bank Falck & Cie. 1875 Berne Lucerne Société Bancaire 1934 Lausanne Banco di Lugano 1947 Geneva Sion Ferrier Lul

  8. Slide 8: Client assets within new Group structure

    C:\temp\48 Analyst.ppt Client assets within new Group structure Julius Baer CHF 270 bn* Private Banking Asset Management CHF 113 bn CHF 156 bn Julius Baer Ehinger & Banco di Julius Baer Private Banking Armand von Ferrier Lullin Lugano Asset GAM Ernst Management CHF 60 bn CHF 21 bn CHF 16 bn CHF 15 b

  9. Slide 9: Enhanced geographic reach and improved profitability as a basis for further growth

    C:\temp\48 Analyst.ppt Enhanced geographic reach and improved profitability as a basis for further growth ƒ Strong one-brand approach in private banking under the Julius Baer brand that inspires trust, quality, continuity, performance and innovation ƒ Client-centric, holistic, open business model ai

  10. Slide 10: Operational targets for new business

    C:\temp\48 Analyst.ppt Operational targets for new business ƒ AuM growth to come from four diversified sources ƒ Moderate organic growth in core private banking markets together with selected acquisitions of independent asset managers and small-scale private banks ƒ Growth from emerging private bank

  11. Slide 11: Farewell to Walter Knabenhans

    caesar2\Communication\Analyst Presentation\Prez\32 Analyst.ppt Farewell to Walter Knabenhans ƒ Joined the family-controlled Julius Baer Group in 1998 ƒ Initially served as Head of Trading and Vice President of the Group Executive Board ƒ Became the first non-family Chief Executive Officer in 2001 11

  12. Slide 12: Experienced management team with proven track record of business integration

    C:\temp\48 Analyst.ppt Experienced management team with proven track record of business integration ƒ Chairman Raymond J. Baer ƒ Vice Chairman* Georges Gagnebin Former Head of UBS Private Banking ƒ Independent Lead Peter Kuepfer Former CSFB Executive Board Director* Member ƒ CEO** Hans de Gier Forme

  13. Slide 13: Positive response to transaction in the market and by clients, employees and the media

    caesar2\Communication\Analyst Presentation\Prez\32 Analyst.ppt Positive response to transaction in the market and by clients, employees and the media 110 105 100 Announcement 95 of single-class 90 share structure 85 80 Announcement 75 of acquisition 70 65 N D J F M A M J J A S O N 13

  14. Slide 14: Financing of transaction

    C:\temp\40 Analyst.ppt Financing of transaction ƒ Cash component of CHF 3.8 bn Consideration ƒ UBS to hold 21.5% stake in the new Julius Baer Group* ƒ CHF 2.46 bn net proceeds from rights offering Expected funding of ƒ CHF 500 m out of excess capital cash ƒ CHF 225 m in the form of hybrid Tier 1 pre

  15. Slide 15: Rights offering in November 2005

    C:\temp\48 Analyst.ppt Rights offering in November 2005 Offer price per share CHF 68.00 Subscription ratio 4 old shares for 3 new shares Theoretical ex-rights price (TERP)* CHF 86.57 Theoretical value of one right* CHF 13.93 Number of new shares 37,696,358 Number of shares after rights offering and

  16. Slide 16: Expected timetable for rights offering

    caesar2\Communication\Analyst Presentation\Prez\32 Analyst.ppt Expected timetable for rights offering ƒ 14 November 2005 ƒ Start of rights trading and rights exercise period ƒ 21 November 2005 ƒ End of rights trading ƒ 22 November 2005 ƒ End of rights exercise period at 12:00 p.m. CET ƒ 23 November

Julius Baer Holding — Merger or Acquisition (November 2005) on 6ix