Leonteq Ag · SIX:LEON
Leonteq — Deutsches Eigenkapitalforum 2022
31 slides from Leonteq's conference presentation, Nov 29, 2022
Slide 1: Deutsches Eigenkapitalforum 2022 – Leonteq AG
DEUTSCHES EIGENKAPITALFORUM 2022 LEONTEQ AG ZURICH, 29 NOVEMBER 2022
Slide 2: Disclaimer
DISCLAIMER This presentation of Leonteq AG (the “Company”) serves for information purposes only and does not constitute research. This presentation and all materials, documents and information used therein or distributed in the context of this presentation do not constitute or form part of and shoul
Slide 3: Our Company
ete tEONTEQ OUR COMPANY
Slide 4: Leonteq at a Glance
LEONTEQ AT A GLANCE Leading fintech company from Switzerland 14 offices across EMEA and APAC State-of-the-art technology platform developed and maintained in-house Services delivered through API, front-end GUI and comprehensive white-label offerings ~560 employees from >50 nations Headquarters in Zu
Slide 5: Our Key Differentiating Factors
OUR KEY DIFFERENTIATING FACTORS One of the leading multi-issuer Global distribution network across platforms EMEA, LATAM and APAC Highly scalable platform with large Best-in-class financial engineering computation power and recognised sales force Full white-labelling capabilities for Automated proce
Slide 6: Our Market & Products
ete tEONTEQ OUR MARKET & PRODUCTS
Slide 7: Our Operations in Switzerland: Total Addressable Market of CHF 350 Billion
OUR OPERATIONS IN SWITZERLAND: STRONG PRESENCE WITH TOTAL ADDRESSABLE MARKET OF CHF 350 BILLION (TURNOVER) SSPA1 SIX Swiss Exchange2 Leonteq market share2 (CHF billion, by product category) (CHF billion, by product category) CAGR +5% CAGR +6% 12% 368 3 23 352 332 337 47 20 47 47 32 18 2021 Market sh
Slide 8: Extensive Range of Solutions for Wealth Managers
WE ENABLE WEALTH MANAGERS WITH AN EXTENSIVE RANGE OF SOLUTIONS TO MANAGE PORTFOLIOS IN DIFFERENT MARKET ENVIRONMENTS Clients Offering1 Asset class Asset managers, Equity Equities Wealth managers Indices Exposure to specific Magnified exposure to an thematic or indices underlying asset Private banks,
Slide 9: Our Platform
ete tEONTEQ OUR PLATFORM
Slide 10: LynQs: One-Stop-Shop Digital Access to Structured Products
LYNQS1: LEONTEQ’S ONE-STOP-SHOP PROVIDING CLIENTS DIGITAL ACCESS TO THE WORLD OF STRUCTURED PRODUCTS INVESTMENT IDEAS Latest trends and daily updated investment ideas prepared by Leonteq’s leading structuring team QUOTE Click ’n’ trade tailor-made investment products from more than 10 renowned issue
Slide 11: Our Ecosystem for Investment Solutions
OUR ECOSYSTEM FOR INVESTMENT SOLUTIONS Self directed Private Regional Universal investors banks banks banks sp.leonteq.com Independent asset Institutional managers investors Family offices Digital solutions & Clients & connectivity investors Content, White-labelling product and technology issuers en
Slide 12: Our Performance
ete tEONTEQ OUR PERFORMANCE
Slide 13: We Delivered Record Results in Unprecedented Market Conditions
WE DELIVERED RECORD RESULTS IN UNPRECEDENTED MARKET CONDITIONS Key figures H1 2022 289.2 143.4 145.8 118.0 6.45 H1 2021: 205.8 H1 2021: 125.2 H1 2021: 80.6 H1 2021: 74.4 H1 2021: 4.04 +41% +15% +81% +59% +60% Operating income Operating expenses Profit before taxes Group net profit Earnings per share
Slide 14: A Track Record of Revenue Growth Since Inception
A TRACK RECORD OF REVENUE GROWTH SINCE INCEPTION Quarterly economic revenues since inception (CHF million)1 220 200 180 160 140 120 100 80 60 40 20 0 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 1) Economic revenues are defined as fee income and trading income earned an
Slide 15: Strong Build-up of Capital Base
STRONG BUILD-UP OF CAPITAL BASE (EQUITY + DEFERRED FEE INCOME) Shareholders’ equity (CHF million)1 Capital base (CHF million)1,2 802 823 874 890 769 663 648 723 608 683 416 418 449 464 376 385 418 421 158 185 125 129 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 H1 2012 2013 2014 2015 2016 2017
Slide 16: Attractive Dividend Policy with Payout Ratio >50%
ATTRACTIVE DIVIDEND POLICY WITH PAYOUT RATIO OF >50% OF NET PROFITS FOR THE FINANCIAL YEAR 2022 2019 2020 2021 2022 • Launch of new phase of • Distribution in line with • Targeted capital base reached • Very strong capital base conservative dividend policy conservative dividend policy • Significant
Slide 17: Recent Media Article and Business Update
RECENT MEDIA ARTICLE AND BUSINESS UPDATE 17
Slide 18: Recent Media Article Regarding Leonteq and Business Update
RECENT MEDIA ARTICLE REGARDING LEONTEQ AND BUSINESS UPDATE • Allegations regarding two Leonteq issued products • Vaguely referring to potential tax evasion or money laundering by third-parties ALLEGATIONS • Assertion made that Leonteq should have reported transactions to relevant authorities and spe
Slide 19: Our Growth Strategy 2026
ete tEONTEQ OUR GROWTH STRATEGY 2026
Slide 20: Five-Year Strategy Cycle to Deliver 2026 Targets
WE WILL CONTINUE TO FOCUS ON AMBITIOUS FIVE-YEAR STRATEGY CYCLE TO DELIVER 2026 TARGETS We are executing a Growth Strategy 2026 based on four dimensions… … measured against clear targets for 2026. OFFERING We are further enlarging and diversifying our offering across products, asset classes and issu
Slide 21: Appendix: Key Initiatives
ete tEONTEQ APPENDIX KEY INITIATIVES a
Slide 22: Diversification of Offering and Improvement of Earnings Quality
DIVERSIFICATION OF OFFERING AND IMPROVEMENT OF EARNINGS QUALITY Economic revenues (excluding hedging result; CHF million) Traditional structured products business Revenues from traditional products (e.g. BRCs/Autocallables) predominantly on equity and equity indices as underlying asset 338 Asset-man
Slide 23: AMC Gateway: Management of Own Tailor-Made Investment Strategy
AMC GATEWAY: ALLOWS FOR MANAGEMENT OF OWN TAILOR-MADE INVESTMENT STRATEGY Single point of entry Leonteq supports product implementation, trade execution and reporting Less administration Avoid individual trade processing with custodian banks (one central rebalancing for all clients) Cost efficient I
Slide 24: Largest Offering of Crypto Asset Investments in Securitized Format
LARGEST OFFERING OF CRYPTO ASSET INVESTMENTS IN SECURITIZED FORMAT SECURITISED CRYPTO ASSET INVESTMENT Allows trading crypto assets as simply and easily as bonds and stocks in any custody account EASY & SECURE ACCESS TO CRYPTO ASSETS No need for key management LARGE PRODUCT UNIVERSE Various products
Slide 25: Expertise in Fund Derivatives
EXPERTISE IN FUND DERIVATIVES Aberdeen JP Morgan Leonteq works closely with a wide range of fund Allianz Kempen management companies to deliver innovative solutions Amundi and competitive pricing Muzinich Participation Leverage Aviva Neuberger Bergmann AXA New Funds Features Capital Yield Capital Bl
Slide 26: Balance Sheet-Light Business
BALANCE SHEET-LIGHT BUSINESS SMART HEDGING ISSUANCE THIRD-PARTY ISSUERS & Balance sheet-light turnover (CHF million) PLATFORM (SHIP) BACK-TO-BACK HEDGES • Seven leading investment banks • In parallel to SHIP, Leonteq connected to the platform provides third-party products (manufactured outside of •
Slide 27: Smart Hedging Issuance Platform (SHIP)
SMART HEDGING ISSUANCE PLATFORM (SHIP): ENABLES AUTOMATED PRICING FOR BOND AND OPTION COMPONENT Benefits for the client • Only platform which allows to decouple the choice of the desired credit risk from the provider of the option component • Best option price out of seven leading investment banks i
Slide 28: Savings and Retirement Solutions Platform (Omega)
SAVINGS AND RETIREMENT SOLUTIONS PLATFORM (OMEGA): ENABLES DIGITAL PROCESSING OF INSURANCE POLICIES Omega • Proprietary platform that Omega Portal / partner External guarantee enables the fully automated, platform provider digital processing of the entire lifecycle of insurance policies and capitali
Slide 29: New Innovative Issuance Model for Banks
NEW INNOVATIVE ISSUANCE MODEL LAUNCHED TO REDUCE TIME-TO-MARKET AND COSTS FOR BANKS TO JOIN OUR ECOSYSTEM GUARANTEE MODEL SPONSOR MODEL PARTNER MODEL • StructuringHub1-issued • Leonteq-issued structured structured product guaranteed • Partner-issued product product guaranteed by 3rd by 3rd party gua
Slide 30: First Digital Long-Term Savings Product with Guarantee and Upside
FIRST DIGITAL LONG-TERM SAVINGS PRODUCT WITH GUARANTEE AND UPSIDE • Digital 3a savings account with guarantee and return potential • Savers benefit from higher return potential than with traditional accounts + greater safety than with funds solutions • Addresses the desire for returns and at the sam
Slide 31: Investor Relations Contacts
INVESTOR RELATIONS CONTACTS Dominik Ruggli Leonteq AG Head Investor Relations, Investor Relations Communications & Marketing Europaallee 39 | 8004 Zürich | Switzerland +41 58 800 18 55 investorrelations@leonteq.com www.leonteq.com/investors Follow Us Linkedin Renato Bolliger Twitter Investor Relatio