2020

23.04.2020 – Leonteq AG

Leonteq and Rand Merchant Bank, a division of FirstRand Bank Limited, launch collaboration

Leonteq AG / Key word(s): Agreement
Leonteq and Rand Merchant Bank, a division of FirstRand Bank Limited, launch
collaboration

23-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 AND RAND MERCHANT BANK, A DIVISION OF FIRSTRAND BANK
LIMITED, LAUNCH COLLABORATION

Zurich, 23 April 2020

Leonteq AG (SIX: LEON) announced today that it has launched a collaboration
with Rand Merchant Bank, a division of FirstRand Bank Limited, for the
manufacturing and distribution of structured investment products.

Leonteq and Rand Merchant Bank, a division of FirstRand Bank Limited, have
launched their collaboration for the issuance and distribution of structured
investment products. The company will join Leonteq's technology platform for
fully white-labelled issuers and leverage Leonteq's expertise to create and
distribute structured products. As part of the cooperation, Leonteq will
provide a broad range of services along the entire value chain, including
the launch of a structured product offering, as well as structuring, product
documentation, hedging of derivative components, market-making, lifecycle
management and processing. In this context, the intention of the
collaboration is for both Leonteq as well as Rand Merchant Bank (and other
group affiliates) to distribute structured investment products to their
respective clients, the first of which are expected to be issued at the end
of 2020.

Lukas Ruflin, Chief Executive Officer of Leonteq, stated: "We are delighted
that Rand Merchant Bank has chosen Leonteq to help expand its structured
products offering capabilities. This cooperation will give our clients
unique exposure to structured investment products issued in this region, and
we look forward to providing our new partner with our solutions and
expertise."

Hendrik Fourie, Head of Structuring at Rand Merchant Bank, stated: "Our
collaboration with Leonteq will enable us to expand our financial services
offering, thus enhancing our value proposition for clients. With its
automated platform and extensive distribution capabilities in Europe and
Asia, Leonteq is our partner of choice."

Rand Merchant Bank is the corporate and investment banking division of
FirstRand Bank Limited, which is a wholly owned subsidiary of FirstRand
Limited, listed on the Johannesburg Stock Exchange and the Namibian Stock
Exchange. FirstRand Limited is one of the largest financial institutions in
Africa with a market capitalisation of CHF 10.7 billion as of 22 April 2020.
FirstRand Bank Limited reported total assets of CHF 89 billion and a total
capital ratio of 17.1% as of 31 December 2019.

For more information, visit Rand Merchant Bank's website www.rmb.co.za

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 AG is listed on the SIX Swiss Exchange (SIX: LEON). 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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