Zurich, 10 June 2025 – Julius Baer announced today it will exercise its option to redeem all of the outstanding Perpetual Tier 1 Subordinated Bonds (ISIN: CH0481013784) at par value plus accrued interest on the first call date on 25 June 2025, in accordance with condition 3 (c) of the terms of the bonds. The bonds, with a coupon of 2.375% per annum, were issued by Julius Baer Group Ltd. on 25 June 2019 in the aggregate nominal amount of CHF 350 million. The redemption has been prefinanced with the issuance of USD 400 million Perpetual Tier 1 Subordinated Bonds on 19 February 2025.

Julius Baer assesses redemption and refinancing decisions on an individual basis, weighing economic considerations such as prevailing market conditions, regulatory capital requirements, and its own capital planning.