Julius Baer Brings Forward Realignment of Management Structure

Regulatory News:

Julius Baer, the leading Swiss private banking group, will bring forward the realignment of its management structure announced in August 2012 in the context of the acquisition of Merrill Lynch’s International Wealth Management (IWM) business outside the United States from Bank of America. Due to the good progress of the preparatory activities for the integration, the realignment of the Executive Boards of Julius Baer Group Ltd. and Bank Julius Baer & Co. Ltd. will already come into effect on 1 January 2013. Gregory F. Gatesman, designated Chief Operating Officer, will join on 1 February 2013 at the expected formal completion of the acquisition.

The Principal Closing of the IWM acquisition marks the formal completion of the transaction as well as the beginning of the important integration phase.

The financial results of Julius Baer Group Ltd. for the full year 2012 will be published on 4 February 2013.

About Julius Baer

Julius Baer is the leading Swiss private banking group, focused on servicing and advising private clients. Julius Baer’s total client assets amounted to CHF 274 billion at the end of October 2012, with assets under management accounting for CHF 187 billion. Bank Julius Baer & Co. Ltd., the renowned Swiss private bank with origins dating back to 1890, is the principal operating company of Julius Baer Group Ltd., whose shares are listed on the SIX Swiss Exchange (ticker symbol: BAER) and form part of the Swiss Market Index (SMI) of the 20 largest and most liquid Swiss stocks.

Julius Baer employs a staff of over 3,600 in more than 20 countries and over 40 locations, including Zurich (head office), Dubai, Frankfurt, Geneva, Hong Kong, London, Lugano, Milan, Monaco, Montevideo, Moscow, Shanghai and Singapore.

For more information visit our website at www.juliusbaer.com