Slide 1: UBS 2018 Annual General Meeting
UBS 2018 Annual General Meeting Axel A. Weber Chairman of the Board of Directors Spring 2018
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 Strong FY17 financial performance while remaining a leader in corporate social responsibility • Adjusted Group profit before tax of CHF 6.2bn, up 16% YoY • Increasing capital returns to shareholders with proposed ordinary dividend of CHF 0.65 per share, up 8% YoY • Approach to compensat
Slide 4: 2018 AGM – Say-on-Pay agenda items
2018 AGM – Say-on-Pay agenda items Say-on-Pay agenda items Summary of key changes / proposals including rationale • Cap for immediate cash performance awards increased to CHF / USD 2m to remain competitive without impacting overall pay levels for all relevant employees including GEB members 1. 1.2 A
Slide 5: Performance award pool and expenses
Performance award pool and expenses Performance award pool reflects an increase of 6% from 2016 while expenses increased by 4% +6%¹ +4%3 CHF billion 3.1 3.1 2.9 3.0 0.7 0.7 0.7 0.8 2.4 2.2 2016 2016 2016 2017 2017 2017 performance awards for amortization of performance awards for amortization of awa
Slide 6: 2017 compensation framework for GEB members
2017 compensation framework for GEB members • Payout structure remains unchanged with up to 20% of the annual performance award paid in the form of immediate cash and at least 80% deferred over a period of 5 years¹, of which at least 50% granted under the EOP and the remaining 30% under the DCCP • T
Slide 7: Performance assessment for the Group CEO
Performance assessment for the Group CEO Performance award is based on the achievement of both quantitative and qualitative objectives • The BoD Chairman and the Compensation Committee establish objectives, evaluate performance and propose the total individual compensation for the Group CEO Weightin
Slide 8: 2018 AGM - other agenda items
2018 AGM - other agenda items Other agenda items Summary of key changes 1.1 Approval of the UBS Group AG management report and 1. consolidated and standalone financial statements • Proposal to fully appropriate 2017 net profit of CHF 47m to the voluntary earnings reserve Appropriation of retained ea
Slide 9: Increasing capital returns to our shareholders
Increasing capital returns to our shareholders Proposed ordinary dividend of CHF 0.65 per share for FY17 Ordinary dividend Share 0.152 Special dividend 0.25 8% buy-back Share buy-back 0.25 0.651 Example 0.60 0.60 0.50 0.25 0.15 0.10 2011 2012 2013 2014 2015 2016 2017 2018 proposed Capital considerat
Slide 10: Board of Directors – UBS Group AG
Board of Directors – UBS Group AG • The Governance and Nominating Committee uses a skills / experience matrix to identify any gaps in relevant BoD competencies, considering the bank's business exposure, risk profile, strategy and geographic reach • Categories and ratings are reviewed annually to con
Slide 11: Election of new members to the Board of Directors
Election of new members to the Board of Directors 6.2.1 Jeremy Anderson 6.2.2 Fred Hu A. Motion A. Motion The Board of Directors proposes that The Board of Directors proposes that Jeremy Anderson be elected as a member Fred Hu be elected as a member of the of the Board of Directors for a one-year Bo
Slide 12: UBS and Society
UBS and Society Advancing sustainability through our everyday business and in the financial sector How we do business How we support our clients How we support our communities Sustainable Guidelines and principles Philanthropy Community investment investments • BoD's Corporate Culture and Responsibi
Slide 13: Supporting materials
Appendix Supporting materials
Slide 14: Group Executive Board compensation framework
Group Executive Board compensation framework Annual performance awards subject to shareholder approval Framework 2017 figures Performance award cap - CEO 5x fixed compensation¹ 4.6x Performance award cap – other GEB members 7x fixed compensation¹ 3.3x Performance award cap – full GEB pool 2.5% of ad
Slide 15: 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 16: Strong capital generation
Strong capital generation Almost CHF 20bn of capital generation since 2012 despite litigation and regulatory costs Cumulative temporary regulatory 5.1 demand and external fees for litigation and investigations1 9.1 Cumulative litigation provisions 12.2 Cumulative dividends2 7.5 CET1 capital build-up
Slide 17: Important information related to this presentation
Important information related to this presentation Use of adjusted numbers Unless otherwise indicated, “adjusted” figures exclude the adjustment items on pages 60-61 of the Annual Report 2017 which is available in the section "Annual reporting" at www.ubs.com/investors., to the extent applicable, on