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1 INVESTORA 2026 Zurich, 17 September 2026 L E O N T E Q C O M PA N Y P R E S E N TAT I O N
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LEGAL DISCLAIMER 2 Forward Looking Statements: This presentation contains statements that constitute “forward-looking statements,” including but not limited to management’s outlook for Leonteq’s financial performance, statements relating to the anticipated effect of transactions and strategic initiatives on Leonteq’s business and future development and goals or intentions to achieve climate, sustainability and other social objectives. While these forward-looking statements represent Leonteq’s judgments, expectations and objectives concerning the matters described, a number of risks, uncertainties and other important factors could cause actual developments and results to differ materially from Leonteq’s expectations. Leonteq’s business and financial performance could be affected by other factors identified in our past and future filings and reports. Leonteq is not under any obligation to (and expressly disclaims any obligation to) update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise. Alternative Performance Measures: In addition to reporting results in accordance with International Financial Reporting Standards (IFRS), Leonteq reports certain measures that may qualify as Alternative Performance Measures as defined in the SIX Exchange Directive on Alternative Performance Measures. Please refer to “Alternative Performance Measures” in Leonteq’s half-year report 2025 for a list of all measures Leonteq uses that may qualify as APMs, and reconciliations to IFRS line items. Disclaimer: This presentation and the information contained herein are provided solely for information purposes, and are not to be construed as a solicitation of an offer to buy or sell any securities or other financial instruments in Switzerland, the United States or any other jurisdiction. No investment decision relating to securities of or relating to Leonteq AG, Leonteq Securities AG or their affiliates should be made on the basis of this document. No representation or warranty is made or implied concerning, and Leonteq assumes no responsibility for, the accuracy, completeness, reliability or comparability of the information contained herein relating to third parties, which is based solely on publicly available information. Leonteq undertakes no obligation to update the information contained herein. Available Information: Leonteq’s half-year report as well as investor presentations and other financial information are available at leonteq.com/investors. Rounding: Numbers presented throughout this presentation may not add up precisely to the totals provided in the tables and text. Percentages and percent changes disclosed in text and tables are calculated on the basis of rounded figures. Absolute changes between reporting periods disclosed in the text, which can be derived from numbers presented in related tables, are calculated on a rounded basis. Tables: Within tables, “N/A” fields generally indicate non-applicability or that presentation of any content would not be meaningful, or that information is not available as of the relevant date or for the relevant period. Zero values generally indicate that the respective figure is zero on an actual or rounded basis. Values that are zero on a rounded basis can be either negative or positive on an actual basis. Numbers presented in Swiss francs unless otherwise indicated. © Leonteq AG 2026. All rights reserved I N V E S T O R A 2 0 2 6
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3 Our business Our strategy Our investment case AGENDA I N V E S T O R A 2 0 2 6 01 02 03
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4 OUR BUSINESS I N V E S T O R A 2 0 2 6
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5 Exposure to specific thematic or indices Increased exposure to an underlying asset Wealth preservation Additional yield in a portfolio context Asset managers, wealth managers Private banks, cantonal banks Institutional, fund managers Family offices I N V E S T O R A 2 0 2 6 We enable our clients to manage portfolios in different market environments Brokers Client needs Self-directed investors
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6 Source: SNB, 2026, excluding leverage products 216 198 192 231 246 273 2021 2022 2023 2024 2025 2026 5M Outstanding volumes (CHF billion) Source: www.structured retailproducts.com, 2026, excluding leverage and flow products I N V E S T O R A 2 0 2 6 We operate in structured products markets that are growing 428 445 512 596 725 761 2021 2022 2023 2024 2025 2026 5M Outstanding volumes (USD billion) EMEASWITZERLAND APAC 985 954 969 976 1’074 1’196 2021 2022 2023 2024 2025 2026 5M Outstanding volumes (USD billion) Source: www.structured retailproducts.com, 2026, excluding leverage and flow products
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7 We established a large distribution network across EMEA, APAC and LATAM (B2B4C business model) I N V E S T O R A 2 0 2 6 >1,500 clients >40 target markets covered 45% 38% 17% Revenues by region Switzerland Europe (excl. CH) Asia & Middle East
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8 CROSS-ASSET OFFERING Providing financial intermediaries with one of the largest offerings of structured investment products MANUFACTURING OF PRODUCTS Manufacturing and distributing products own-issued and partner products WHITE-LABELLING SERVICES Enabling 10+ banks to become provider of structured products and providing serviced along the entire value chain I N V E S T O R A 2 0 2 6 We are a dedicated structured products power-house 3,000+ underlyings and 20+ currencies 400+ product variations for linear and non-linear payoffs CHF ~30bn Total platform turnover CHF ~5bn Leonteq platform assets CHF ~8bn Partner platform assets
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9 I N V E S T O R A 2 0 2 6 We have a fintech DNA and state-of-the-art platform Unique talent pool • ~15% Sales & Structuring • ~7% Quants & Traders • ~21% IT specialists Award-winning platform • >250,000 transactions annually • ~ 60,000 issued products annually • STP rate of ~85% Strong regulatory framework • Regulatory framework similar to a bank • Strong risk management framework and effective governance processes
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10 I N V E S T O R A 2 0 2 6 OUR STRATEGY
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11 I N V E S T O R A 2 0 2 6 Our focus is on consistent execution of ROE-strategy with financial targets expected to be achieved in 2028 Resize parts of the business that are not profitable and focus on strict cost management & control Optimise parts of the business that are well established but have room for operational improvement and higher capital efficiency Expand initiatives with strong potential for future revenue growth and where Leonteq has a unique selling proposition We are adjusting our business … … to deliver improved profitability… … whilst returning excess capital to shareholders Profit before taxes (CHF million) 60-80 Return on Tangible Equity ~10% Buy-back threshold (CET1 ratio) >15% Payout ratio ~30% Capital return policy Financial targets for FY 2028
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12 60 44 52 30 28 30 18 19 17 2 4 110 95 99 H1 2025 H2 2025 H1 2026 Provisions Deprecation Other operating expenses Personnel expenses I N V E S T O R A 2 0 2 6 Our resizing programme delivered tangible results 306 287 276 114 100 97 85 100 106 62 58 52 567 545 531 H1 2025 H2 2025 H1 2026 Asia & Middle East Lisbon Europe (excl. Lisbon) Switzerland FTEs split by region (10%) (6%) Total operating expenses (CHF million) 21% 26% 28% 30.06.2025 31.12.2025 30.06.2026 Percentage of staff in near-shoring centre Lisbon
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13 New regulatory framework Regulatory framework 2019 – 2024 Implementation in record time • Substantial changes to systems, data infrastructure, and calculation engines • Majority of RWA driven by market risk • Optimisation of capital framework ongoing I N V E S T O R A 2 0 2 6 Our new regulatory framework reinforces the importance of capital efficiency • Swiss category 5 non-account holding securities firm • Capital requirements of CHF 20 million New enhanced regulatory framework • Effective January 2025, subject to enhanced capital and large exposure requirements • Effective January 2026, subject to business-specific liquidity requirements • CET1 capital ratio of 16.5% as of 30 June 2026 • Board decided to maintain CET1 ratio meaningfully in excess of 15% on a sustainable basis Strong capital ratios RWA calculations according to FRTB-SA
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14 I N V E S T O R A 2 0 2 6 Our expansion plans target initiatives with strong growth potential Actively managed certificates Quantitative investment strategies Retail flow business CHF 2.4 billion Outstanding volumes 1 Source: SIX; market share considers Leonteq number of trades for listed mini-futures, warrants, and warrants with knock-out feature Provides recurring revenue stream> Roll-out of next- generation AMCs launched > >700 Quantitative indices available (vs ~240 in H1 2025) Provides access to institutional-type of clients > Ambition to increase QIS coverage in Asia> 10% Market share1 achieved within 14 months Increases total addressable market> Preparation of market launch in Germany well advanced >
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15 I N V E S T O R A 2 0 2 6 OUR INVESTMENT CASE
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16 Cutting-edge technology platform enabling scalable growth at low marginal costs Disciplined execution of strategic priorities with a clear path to CHF 60-80 million in profit before taxes and ROTE of ~10% by 2028 Excess capital to be unlocked through a ~30% dividend payout ratio and potential share buy-backs from early 2027, subject to maintaining a CET1 ratio meaningfully above 15% 02 04 05 I N V E S T O R A 2 0 2 6 Why invest in Leonteq? Bank-like regulatory framework and strong governance03 Specialised product expertise in a growing market, serving 1,500+ financial intermediaries and enabling access to bespoke investment solutions for 100,000+ end-investors01