Zurich, 17 March 2022 – Julius Baer announces it will exercise its option to redeem all of the outstanding perpetual Tier 1 bonds issued on 20 October 2016 at par value plus accrued interest on the first call date of 20 April 2022, in accordance with section 3 (c) of the terms of the bonds. The bonds (ISIN: XS1502435727), with a coupon of 5.75% per annum, were issued by Julius Baer Group Ltd. in the aggregate nominal amount of SGD 325 million.