Zurich, 9 August 2024 – Julius Baer announced today it will exercise its option to redeem all of the outstanding Perpetual Tier 1 Subordinated Bonds (ISIN: XS1679216801) at par value plus accrued interest on the first call date on 12 September 2024, in accordance with condition 3 (c) of the terms of the bonds. The bonds, with a coupon of 4.750% per annum, were issued by Julius Baer Group Ltd. on 12 September 2017 in the aggregate nominal amount of USD 300 million. 

This announcement is not and shall not be interpreted or construed as a solicitation to purchase any securities of/in Julius Baer Group.