Julius Baer Group Ltd. will issue loan notes to ELM B.V. (or a nominee appointed by it). ELM B.V. will then issue its own notes to investors, secured by the Julius Baer Group Ltd. loan notes. The securities carry a fixed-rate, annually payable coupon set at 3.875% per annum and have been issued in denominations of EUR 100,000. An application for admission to trading of the notes issued by ELM B.V. on Euronext Dublin will be made.