2020

27.04.2020 – Leonteq AG

Leonteq wins tender for issuance and distribution of investment solutions from PostFinance

Leonteq AG / Key word(s): Agreement
Leonteq wins tender for issuance and distribution of investment solutions
from PostFinance

27-Apr-2020 / 07:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.

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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%.

CONTACT
Media Relations
+41 58 800 1844
media@leonteq.com

Investor Relations
+41 58 800 1855
investorrelations@leonteq.com

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.


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