Ubs Group Ag · SIX:UBSG
Ubs — Shareholder Meeting (March 2021)
21 slides from Ubs's shareholder meeting presentation, March 2021
Slide 1: UBS 2021 Annual General Meeting
Public UBS 2021 Annual General Meeting Investor Presentation Axel A. Weber Chairman of the Board of Directors This document should be read in conjunction with the UBS Group AG Annual Report 2020, including the UBS Group AG Compensation Report 2020 ubs.com/agm ubs.com/annualreporting March 2021
Slide 2: Important information
Important information Forward Looking Statements: This presentation contains statements that constitute “forward-looking statements,” including but not limited to performance targets, expectations and ambitions, as well as management’s outlook for UBS’s financial performance and statements relating
Slide 3: Topics for discussion
Topics for discussion Ahead of the UBS Group AG Annual General meeting on 8 April 2021, we are looking forward to interactive discussions and feedback from investors on a range of proposed topics, including: 1. 2020 performance 2. Dividend and share buy back proposals 3. Compensation-related AGM age
Slide 4: 2020 performance vs. targets and guidance
1. 2020 performance 2. Dividend and share buy back proposals 2020 performance vs. targets and guidance 3. Compensation-related AGM agenda items 4. Select other AGM agenda items 5. Corporate responsibility / sustainability 2020 performance Group returns 12-15% return on CET1 capital (RoCET1) 17.4% Co
Slide 5: Generated 8.0bn of CET1 capital in FY20
1. 2020 performance 2. Dividend and share buy back proposals Generated 8.0bn of CET1 capital in FY20 3. Compensation-related AGM agenda items 4. Select other AGM agenda items 5. Corporate responsibility / sustainability 2020 CET1 capital generation 36bn of CET1 capital generation since 20111 TBVPS +
Slide 6: Capital and leverage ratios
1. 2020 performance 2. Dividend and share buy back proposals Capital and leverage ratios 3. Compensation-related AGM agenda items 4. Select other AGM agenda items 5. Corporate responsibility / sustainability Total loss-absorbing 101.7 35.2% capacity (TLAC) Requirements RWA LRD bn Gone concern 9.81%
Slide 7: Proposed dividend of USD 0.37 and share buyback proposals
1. 2020 performance 2. Dividend and share buy back proposals Proposed dividend of USD 0.37 and share buyback proposals 3. Compensation-related AGM agenda items 4. Select other AGM agenda items 5. Corporate responsibility / sustainability Ordinary dividend per share (USD) USD 2.0bn capital reserve Sp
Slide 8: Say on Pay: compensation-related agenda items
1. 2020 performance 2. Dividend and share buy back proposals Say on Pay: compensation-related agenda items 3. Compensation-related AGM agenda items 4. Select other AGM agenda items 5. Corporate responsibility / sustainability Item Proposal Rationale Binding vote on The Board of Directors proposes an
Slide 9: Pay for performance
1. 2020 performance 2. Dividend and share buy back proposals Pay for performance 3. Compensation-related AGM agenda items 4. Select other AGM agenda items 5. Corporate responsibility / sustainability Group PBT Return on CET1 capital Cost / income ratio USDbn in % in % (660 bps) (690 bps) improvement
Slide 10: Returns to shareholders and performance award pool
1. 2020 performance 2. Dividend and share buy back proposals Returns to shareholders and performance award pool 3. Compensation-related AGM agenda items 4. Select other AGM agenda items 5. Corporate responsibility / sustainability Shareholder returns1 Includes USD 2.0bn capital reserve for share buy
Slide 11: Group CEOs performance assessment
1. 2020 performance 2. Dividend and share buy back proposals Group CEOs performance assessment 3. Compensation-related AGM agenda items 4. Select other AGM agenda items 5. Corporate responsibility / sustainability Performance assessment for Sergio Ermotti: 2020 Weighted Weight Performance measures 2
Slide 12: Motion to discharge BoD and GEB for financial year 2020
1. 2020 performance 2. Dividend and share buy back proposals Motion to discharge BoD and GEB for financial year 2020 3. Compensation-related AGM agenda items 4. Select other AGM agenda items 5. Corporate responsibility / sustainability Motion › The Board of Directors proposes that discharge of the m
Slide 13: Election of new members to the Board of Directors
1. 2020 performance 2. Dividend and share buy back proposals Election of new members to the Board of Directors 3. Compensation-related AGM agenda items 4. Select other AGM agenda items 5. Corporate responsibility / sustainability 6.1. Claudia Böckstiegel 6.2. Patrick Firmenich Motion Motion The Boar
Slide 14: Succession planning
1. 2020 performance 2. Dividend and share buy back proposals Succession planning 3. Compensation-related AGM agenda items 4. Select other AGM agenda items 5. Corporate responsibility / sustainability Across all divisions and regions, an inclusive talent development and succession planning process is
Slide 15: Our sustainability drive
1. 2020 performance 2. Dividend and share buy back proposals Our sustainability drive 3. Compensation-related AGM agenda items 4. Select other AGM agenda items 5. Corporate responsibility / sustainability Sustainable investments recommended A pivotal year for sustainability Maintained strong positio
Slide 16: Supporting materials
Appendix Supporting materials 15
Slide 17: Motion for discharge under Swiss law
Motion for discharge under Swiss law › The impact of the discharge vote1 differs depending on the different types of claims and extends only to disclosed facts at the time of the vote Claims for damages suffered directly › The grant or non-grant of the discharge has no effect on the ability of a sha
Slide 18: Compensation framework for GEB members is unchanged
Compensation framework for GEB members is unchanged Illustrative example: Payout of performance award¹ Key features − Notional additional tier 1 (AT1) capital instruments; 30% of the performance award is granted under DCCP Deferred − Award vests in year 5 after grant year, subject to write-down if a
Slide 19: UBS Group AG 2021 Annual General Meeting
UBS Group AG 2021 Annual General Meeting Due to the ongoing COVID pandemic and related restrictions and uncertainty, the Board of Directors has decided to hold the 2021 AGM, which will take place on 8 April 2021, as a webcast again. Protecting the health of shareholders and employees continues to be
Slide 20: Board of Directors – UBS Group AG
Board of Directors – UBS Group AG › The Board of Directors (BoD), led by the Chairman, consists of between 6 and 12 members with ultimate responsibility for the success of the Group › The BoD proposes the Chairman, who is elected by shareholders at the AGM, as are the other individual BoD members an
Slide 21: Cautionary statement regarding forward-looking statements
Cautionary statement regarding forward-looking statements This presentation contains statements that constitute “forward-looking statements,” including but not limited to management’s outlook for UBS’s financial performance and statements relating to the anticipated effect of transactions and strate