Leonteq Ag · SIX:LEON
Leonteq — German Spring Conference 2023
22 slides from Leonteq's conference presentation, May 15, 2023
Slide 1: German Spring Conference 2023 – Leonteq AG
GERMAN SPRING CONFERENCE 2023 LEONTEQ AG FRANKFURT, 15 MAY 2023
Slide 2: Legal Disclaimer
LEGAL 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
Slide 3: Our Company
ote tS CEONTEQ OUR COMPANY
Slide 4: Leonteq at a Glance
LEONTEQ AT A GLANCE Fintech company headquartered in Zurich, Switzerland Founded in 2007, IPO in 2012, listed at SIX Leading marketplace for structured investment solutions State-of-the-art technology developed and maintained in-house Direct issuer of own products and partner to other financial inst
Slide 5: We Built a Unique Ecosystem for Investment Solutions
WE BUILT A UNIQUE ECOSYSTEM FOR INVESTMENT SOLUTIONS Self Private Regional Universal directed banks banks banks investors +5 partners sp.leonteq.com Independent asset Institutional managers investors Family Digital offices Clients & solutions & investors connectivity White- Content, labelling produc
Slide 6: Our Market
ote tS CEONTEQ OUR MARKET
Slide 7: Global Footprint with 14 Offices Supervised by 14 Regulators across EMEA and APAC
GLOBAL FOOTPRINT WITH 14 OFFICES SUPERVISED BY 14 REGULATORS ACROSS EMEA AND APAC 7
Slide 8: Diversification of Client Franchise and Regions
DIVERSIFICATION OF CLIENT FRANCHISE AND REGIONS Number of clients Economic revenues by client type Net fee income by region (CHF million) 41% 41% 41% 42% 42% 38% 38% 48% 51% 47% 64% 61% 5% 2% 10% 14% 1,085 2% 15% 12% 11% 1,017 1,018 1,030 3% 12% 967 998 3% 3% 57% 50% 46% 54% 44% 46% 47% 52% 48% 41%
Slide 9: Our Operations in Switzerland: Total Addressable Market of >CHF 200 Billion
OUR OPERATIONS IN SWITZERLAND: STRONG PRESENCE WITH TOTAL ADDRESSABLE MARKET OF >CHF 200 BILLION (TURNOVER) SSPA1 SIX Swiss Exchange2 Leonteq market share2 (CHF billion, by product category) (CHF billion, by product category) 58 57 54 4 9 2 11 2 51 3 4.9 5 8% 11 Market share 2022 6 12 for total list
Slide 10: Our Products & Platform
ote tS CEONTEQ OUR PRODUCTS & PLATFORM
Slide 11: Extensive Range of Solutions to Manage Portfolios in Different Market Environments
WE ENABLE OUR CLIENTS 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 Magnified specific exposure thematic or to an Private banks, indices underlying Currencie
Slide 12: LynQs: Leonteq's One-Stop-Shop for Digital Access to Structured Products
LYNQS*: 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 13: Our Performance
ote tS CEONTEQ OUR PERFORMANCE
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 sales and trading income earned and are
Slide 15: Record Results in 2022; Profit Before Taxes of CHF 70-100 Million Expected for 2023
RECORD RESULTS IN 2022 FOR THE SECOND CONSECUTIVE YEAR; PROFIT BEFORE TAXES OF CHF 70-100 MILLION EXPECTED FOR 2023 Total operating income (CHF million)1 Profit before taxes (CHF million)1 456 418 193 175 282 256 220 215 235 200 207 93 158 128 60 69 65 44 37 22 18 23 2012 2013 2014 2015 2016 2017 20
Slide 16: 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)1,2 933 870 874 802 769 683 723 663 648 608 416 418 449 464 376 385 418 421 158 185 125 129 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2012 2013 2014 2015 2016 201
Slide 17: Attractive Returns to Shareholders and Refined Capital Return Policy
ATTRACTIVE RETURNS TO SHAREHOLDERS FOR 2022 AND REFINED CAPITAL RETURN POLICY Total distribution per share (CHF)1; Payout ratio (%) REFINED CAPITAL RETURN POLICY 58% • Payout ratio of more than 50% of annual Group net profits • Ambition to pay cash dividend of at least CHF 2.00 every year for 2023 e
Slide 18: Our Growth Strategy 2026
ote tS CEONTEQ OUR GROWTH STRATEGY 2026
Slide 19: Our Growth Strategy 2026
OUR GROWTH STRATEGY 2026 We are executing a Growth Strategy 2026 … measured against clear targets for 2026. based on four dimensions… OFFERING FINANCIAL TARGETS 2026 We are further enlarging and diversifying our offering across products, asset classes and issuers. 450-500 Total operating income (CHF
Slide 20: Progress along the Four Strategic Pillars Measured against KPIs
OUR PROGRESS ALONG THE FOUR STRATEGIC PILLARS MEASURED AGAINST CLEAR KPIs DEFINED IN EARLY 2022 Revenues from new growth initiatives Client transactions (in %) (in thousands) Platform Offering ~ 51 264 44 207 164 172 28 25 18 97 114 12 2017 2018 2019 2020 2021 2022 2017 2018 2019 2020 2021 2022 Net
Slide 21: Key Initiatives to Drive Our Growth Strategy 2026
WE CONTINUE TO INVEST IN KEY INITIATIVES TO DRIVE OUR GROWTH STRATEGY 2026 Expansion of product offering Expansion of issuer universe (B2B) Develop automated flow trading platform Key initiatives to drive our Growth Acceleration of digital offering (B2B4C) Strategy 2026 Launch new pension savings of
Slide 22: 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 Twitter Renato Bolliger Facebook Investo