Slide 1: Leonteq AG Half-Year 2026 Results
LEONTEQ AG HALF-YEAR 2026 RESULTS Zurich, 23 July 2026
Slide 2: Legal Disclaimer
L EO N T EQ H A L F -Y E A R 2 0 2 6 R E S U LTS LEGAL DISCLAIMER Forward Looking Statements: This presentation contains statements that constitute “forward-looking statements,” including but not limited to management’s outlook for Leonteq’s financial performance, statements relating to the anticipa
Slide 3: Agenda
L EO N T EQ H A L F -Y E A R 2 0 2 6 R E S U LTS AGENDA 01 02 03 Key Financial Strategic messages performance progress 3
Slide 4: Key Messages
L EO N T EQ H A L F -Y E A R 2 0 2 6 R E S U LTS KEY • • Return to profitability in H1 2026 Double-digit growth in turnover and net fee income MESSAGES driven by steadily improving client sentiment • Growth across all regions as ROE strategy takes effect • Operating expenses benefit from resizing pr
Slide 5: Financial Performance
L EO N T EQ H A L F -Y E A R 2 0 2 6 R E S U LTS 5 PERFORMANCE FINANCIAL HANS WIDLER, CFO
Slide 6: Significant improvement in quality of revenue mix
L EO N T EQ H A L F -Y E A R 2 0 2 6 R E S U LTS Significant improvement in quality of revenue mix Income statement Change Change Leonteq performance H1 2026 H1 2026 H2 2025 H1 2025 (CHF million) H1-H1 H1-H2 • Growth in net fee income driven by continuously Total operating income 111.6 48.0 124.3 (1
Slide 7: Growth across all regions
L EO N T EQ H A L F -Y E A R 2 0 2 6 R E S U LTS Growth across all regions Turnover Net fee income by regions Revenue drivers (CHF billion) (CHF million) • Growth in turnover, driven by higher sales of +10% +10% own issued products, led to a 10% year-on-year increase in net fee income 15.9 96.8 14.5
Slide 8: Resizing programme delivered tangible results
L EO N T EQ H A L F -Y E A R 2 0 2 6 R E S U LTS Resizing programme delivered tangible results Total operating expenses FTEs split by region Cost drivers (CHF million) • Reduction in personnel expenses mainly driven (10%) (6%) by reduction in staff base by 36 FTEs since June 2025 110 2 567 • Headcou
Slide 9: Sound balance sheet with highly liquid hedge book and conservative investment portfolio
L EO N T EQ H A L F -Y E A R 2 0 2 6 R E S U LTS Sound balance sheet with highly liquid hedge book and conservative investment portfolio Balance sheet Change Change Balance sheet drivers 30.06.2026 31.12.2025 (CHF million) (%) (abs.) • Growth in own structured products Cash and receivables 1,091 770
Slide 10: Strong capital position maintained
L EO N T EQ H A L F -Y E A R 2 0 2 6 R E S U LTS Strong capital position maintained Risk-weighted assets CET1 capital ratio Capital drivers (CHF million) • Eligible capital increased by CHF 19 million, or 0.3% 0.2% 3%, to CHF 655 million (57) 5 (98) (0.9%) 358 • Increase in capital mainly driven by
Slide 11: Strategic Progress
L EO N T EQ H A L F -Y E A R 2 0 2 6 R E S U LTS STRATEGIC PROGRESS C H R I ST I A N S P I E L E R , C EO 11
Slide 12: ROE strategy with measurable progress
L EO N T EQ H A L F -Y E A R 2 0 2 6 R E S U LTS ROE strategy with measurable progress Pillar Initiative Measures & impact Status Footprint Reduce complexity by selling entity in Japan Completed as planned in Q1 2026 Resize Pension savings Exit “bench”-initiative to eliminate non-profitable operatio
Slide 13: Further roll-out of next generation AMCs captures new client inflows
L EO N T EQ H A L F -Y E A R 2 0 2 6 R E S U LTS Further roll-out of next generation AMCs captures new client inflows Outstanding volumes in AMCs Distribution of outstanding Milestones (CHF billion) volumes in AMCs by region • Increase in outstanding volumes in AMCs +4% • Annualised net new money gr
Slide 14: Broadening QIS offering to unlock new growth opportunities
L EO N T EQ H A L F -Y E A R 2 0 2 6 R E S U LTS Broadening QIS offering to unlock new growth opportunities Number of quantitative indices Fee income contribution from QIS Milestones by region • Significantly expanded product offering to 2.9x include a broad range of quantitative index strategies, i
Slide 15: Promising progress of retail flow business in Switzerland
L EO N T EQ H A L F -Y E A R 2 0 2 6 R E S U LTS Promising progress of retail flow business in Switzerland Leonteq turnover leverage Leonteq market share for selected Milestones products on SIX leverage segment on SIX1 • More than 20,000 products listed in Switzerland (CHF million) 15x • After enter
Slide 16: Accelerating the digitalisation of client flows to enhance scalability and efficiency
L EO N T EQ H A L F -Y E A R 2 0 2 6 R E S U LTS Accelerating the digitalisation of client flows to enhance scalability and efficiency Number of products initiated Click’n’trade ratio through LYNQS (thousand) +42% 36% 34% 33% 11.1 11.1 7.8 H1 2025 H2 2025 H1 2026 H1 2025 H2 2025 H1 2026 16
Slide 17: Outlook
L EO N T EQ H A L F -Y E A R 2 0 2 6 R E S U LTS Outlook Closure of all Management Aim to accelerate Guidance Board will regulatory legacy remains focused growth by confirmed: consider total matters provides on disciplined increasing sales Positive pre-tax distribution to clarity for execution of fo
Slide 18: ti LEONTEQ
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