JULIUS BAER GROUP LTD-UN ADR Business Summary

Julius Baer Group Ltd. (JBAXY) is the world’s leading pure-play wealth management group, primarily generating revenue through advisory and service fees, commissions, and net interest income derived from its extensive private banking operations. The company operates through a single primary business segment, Wealth Management, which focuses on providing bespoke financial solutions, investment management, and wealth planning to sophisticated private clients and family offices globally. As of mid-2026, the Group manages approximately CHF 547 billion in assets under management (AuM), leveraging an open product platform to maintain objectivity in its investment recommendations. Within the competitive landscape, Julius Baer maintains a unique market position as a specialized alternative to universal banking giants like UBS Group AG and diversified financial institutions such as Deutsche Bank and ABN AMRO. It competes directly with other high-tier Swiss private banks, including Pictet, Lombard Odier, and EFG International, distinguishing itself through its global scale and exclusive focus on wealth management without the conflicts of investment banking. The leadership team is currently led by Chief Executive Officer Stefan Bollinger, a Swiss national who assumed the role in January 2025 following a distinguished two-decade career at Goldman Sachs, where he served as Co-Head of Private Wealth Management for EMEA. The executive board was further strengthened in April 2026 with the appointment of Jean Nabaa as Chief Operating Officer, formerly the COO of Global Private Banking at HSBC. As of July 31, 2026, Evie Kostakis remains the Group Chief Financial Officer during an orderly transition to Peter Burrill, the former interim Group CFO of Standard Chartered, who was appointed in early July and is set to formally take office in August 2026. The Board of Directors is chaired by Sir Noel Quinn, the former CEO of HSBC, who oversees a strategic cycle focused on organic growth and digital transformation. Founded in 1890 by its namesake Julius Bär, the firm has evolved from a family-owned partnership into a publicly traded powerhouse, with notable board representation from industry veterans like Vice Chairman Juerg Hunziker and former FINMA CEO Urban Angehrn.