EQS-Adhoc: Leonteq wins tender for issuance and distribution of investment solutions from PostFinance

PRESS RELEASE | LEONTEQ WINS TENDER FOR ISSUANCE AND DISTRIBUTION OF INVESTMENT SOLUTIONS FROM POSTFINANCE

Zurich, 27 April 2020

Leonteq AG (SIX: LEON) announced today that it has been awarded the contract by PostFinance for a cooperation in the field of structured investment products in a tender process.

In a comprehensive tender process, Leonteq prevailed over well-known issuers of structured products and, in April 2020, signed an agreement with PostFinance for cooperation in the field of structured investment products. In March 2017, Leonteq and PostFinance launched a pilot project to assess the market potential for PostFinance to issue structured investment products. In this pilot phase, more than 440 structured investment products with a turnover of around CHF 170 million were issued in monthly product series.

As part of the new cooperation agreed with PostFinance, Leonteq will provide all services along the entire value chain, including issuing, product documentation, hedging, market making, secondary market services and lifecycle management. PostFinance acts as guarantor and is responsible for selling the products in its own channels.

Lukas Ruflin, Chief Executive Officer of Leonteq stated: "We are very pleased to continue and expand our cooperation with PostFinance in the area of structured investment products. PostFinance's decision in favour of Leonteq underlines our excellent offering and our reputation as a recognised partner for structured investment solutions in a highly competitive environment."

Leonteq will distribute the products issued for PostFinance to its own clients in Switzerland. The product universe will include in particular, autocallables, (multi/barrier) reverse convertibles and capital protection certificates. The investment universe consists of over 900 shares (including indices) and important commodities. Products can be issued in four currencies and clients will benefit from automatically generated product documentation such as termsheets and factsheets, which will be available in four languages.

Daniel Mewes, Head of Investment Solutions at PostFinance said: "We are convinced that we have chosen the right partner in Leonteq. The cooperation will allow us to benefit from Leonteq's modern IT infrastructure and to complement our range of attractive investment solutions for our investment-oriented customers."

With 2.7 million customers and almost CHF 120 billion in client assets, PostFinance is one of Switzerland's leading financial institutions. As a market leader and with more than one billion payment transactions a year, it ensures a seamless flow of liquidity on a daily basis. PostFinance is a systemically important bank and is currently rated AA+ by the Standard & Poor's rating agency. As of 31 December 2019, total assets were CHF 126 billion and capital ratio was 19.3%.

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LEONTEQ
Leonteq AG is a Swiss company active in the finance and technology sector with a focus on the structured products segment. Based on proprietary modern technology, the company offers derivative investment products and services and predominantly covers the capital protection, yield enhancement and participation product classes. Leonteq acts as both a direct issuer of its own products and as a partner to other financial institutions. Leonteq further enables life insurance companies to produce capital-efficient, unit-linked pension products with guarantees. The company has offices and subsidiaries in 10 countries, through which it serves over 50 markets. Leonteq is listed on the SIX Swiss Exchange.
www.leonteq.com

DISCLAIMER
This press release issued by Leonteq AG (the "Company") serves for information purposes only and does not constitute research. This press release and all materials, documents and information used therein or distributed in the context of this press release do not constitute or form part of and should not be construed as, an offer (public or private) to sell or a solicitation of offers (public or private) to purchase or subscribe for shares or other securities of the Company or any of its affiliates or subsidiaries in any jurisdiction or an inducement to enter into investment activity in any jurisdiction, and may not be used for such purposes. Copies of this press release may not be made available (directly or indirectly) to any person in relation to whom the making available of the press release is restricted or prohibited by law or sent to countries, or distributed in or from countries, to, in or from which this is restricted or prohibited by law.

This press release may contain specific forward-looking statements, e.g. statements including terms like "believe", "assume", "expect", "target" "forecast", "project", "may", "could", "might", "will" or similar expressions. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors which may result in a substantial divergence between the actual results, financial situation, development or performance of the Company or any of its affiliates or subsidiaries and those explicitly or implicitly presumed in these statements. These factors include, but are not limited to: (1) general market, macroeconomic, governmental and regulatory trends, (2) movements in securities markets, exchange rates and interest rates and (3) other risks and uncertainties inherent in our business. In addition, currently, it is very difficult to provide a meaningful prediction on how the governmental actions in response to the ongoing outbreak of a novel coronavirus disease (COVID-19) and other COVID-19 related factors will affect Leonteq's operations and how long such measures will remain in place. The COVID-19 outbreak has caused, and may continue to cause, uncertainty, economic instability and a significant decrease of total economic output in the affected areas and globally. The impact of the COVID-19 outbreak on the general economic environment in the markets in which Leonteq operates remain uncertain and could be significant. Against the background of these uncertainties, you should not rely on forward-looking statements. Neither the Company nor any of its affiliates or subsidiaries or their respective bodies, executives, employees and advisers assume any responsibility to prepare or disseminate any supplement, amendment, update or revision to any of the information, opinions or forward-looking statements contained in this press release or to adapt them to any change in events, conditions or circumstances, except as required by applicable law or regulation.