Ubs Group Ag · SIX:UBSG
Ubs — Shareholder Meeting (2017)
16 slides from Ubs's shareholder meeting presentation, 2017
Slide 1: UBS 2017 Annual General Meeting
UBS 2017 Annual General Meeting Axel A. Weber Chairman of the Board of Directors Spring 2017
Slide 2: Cautionary statement regarding forward-looking statements
Cautionary statement regarding forward-looking statements This presentations 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 strat
Slide 3: Key Messages
Key Messages Solid FY16 results in a challenging environment • Our compensation framework has remained largely unchanged since 2012, with no material changes for 2016. We focused on ensuring stability of our overall framework and reinforcing our principles. • UBS continued to execute its strategy wi
Slide 4: Delivering attractive capital returns to our shareholders
Delivering attractive capital returns to our shareholders Proposed ordinary dividend of CHF 0.60 per share for FY16 Total capital return per share CHF per share 0.25 ² 0.25 ¹ • We are committed to a total capital return of at least 50% of net profit3 0.60 0.60 0.50 • FY16 dividend will be paid out o
Slide 5: Strong capital generation throughout our transformation
Strong capital generation throughout our transformation Over CHF 15 billion of capital generation and dividends despite litigation and regulatory costs Cumulative temporary regulatory 3.9 demand and external fees for litigation and investigations1 8.7 Cumulative litigation provisions 9.7 Cumulative
Slide 6: 2017 AGM agenda items
2017 AGM agenda items Say-on-pay agenda items Advisory vote on The Board of Directors proposes that the UBS Group AG Compensation Report 2016 be ratified in an Compensation Report advisory vote. Binding vote on The Board of Directors proposes that the aggregate amount of variable compensation of CHF
Slide 7: Balanced scorecard for the Group CEO
Balanced scorecard for the Group CEO Quantitative¹ measures (65%) Weighting 2016 results 2016 assessment 100% 2016 vs plan Adjusted Group profit before tax 25% CHF 5,341 million 2016 vs 2015 2016 vs plan Adjusted Group RoTE 25% 9.0% 2016 vs 2015 Capital management² CET1 capital ratio, fully applied
Slide 8: Performance award expenses
Performance award expenses (17)%¹ 3.5 3.2 2.9 3.0 1.0 0.7 0.7 0.8 2.5 2.2 CHF billion 2015 performance 2015 2015 2016 performance 2016 2016 award pool awards for amortization of award pool awards for amortization of performance year prior-year awards performance year prior-year awards deferred to fu
Slide 9: Appendix: Supporting materials
Appendix Supporting materials
Slide 10: Group Executive Board compensation framework
Group Executive Board compensation framework Total GEB performance award pool 1.3% of adjusted Group PBT, well below cap Framework Performance award cap - CEO 5x fixed compensation Performance award cap – other GEB members 7x fixed compensation Performance award cap – full GEB 2.5% of the Group's ad
Slide 11: 2016 compensation framework for GEB members
2016 compensation framework for GEB members Remains unchanged from 2015: Annual performance award up to 20% in immediate cash, 80% deferred with at least 50% in notional shares and 30% in notional additional tier 1 instruments. Average deferral period for GEB members is 4.4 years. Illustrative examp
Slide 12: 2016 deferred variable compensation plans
2016 deferred variable compensation plans Most employees are eligible for an annual discretionary performance award, depending on the firm's and employee's business division performance, as well as individual performance and behavior. Those with total compensation exceeding CHF / USD 300,000 have a
Slide 13: Board of Directors – UBS Group AG
Board of Directors – UBS Group AG • The Board of Directors (BoD), led by the Chairman, is composed of 11 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 and the membe
Slide 14: UBS and Society
UBS and Society Making sustainability the everyday standard How we do business How we support our clients How we support our communities Guidelines and principles Sustainable investments Philanthropy Community investment • BoD's Corporate Culture and Responsibility • All business divisions contribut
Slide 15: Our three keys to success
Our three keys to success Performance management process aligned to our desired culture and behaviors Pillars Principles Behaviors Capital strength Client focus Integrity Efficiency and effectiveness Excellence Collaboration Risk management Sustainable performance Challenge What is the basis of our
Slide 16: Important information related to this presentation
Important information related to this presentation Use of adjusted numbers Adjusted results are a non-GAAP financial measure as defined by SEC regulations. Refer to page 65 of the Annual Report 2016 which is available in the section "Annual reporting" at www.ubs.com/investors for an overview of adju