2020

30.04.2020 – Leonteq AG

Leonteq gains Basler Kantonalbank as new white-labelling partner

Leonteq AG / Key word(s): Agreement
Leonteq gains Basler Kantonalbank as new white-labelling partner

30-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 GAINS BASLER KANTONALBANK AS NEW WHITE-LABELLING
PARTNER

Zurich, 30 April 2020

Leonteq AG (SIX: LEON) announced today that it has entered into a broad
cooperation agreement with Basler Kantonalbank in the area of structured
investment products.

At the end of April, Leonteq and Basler Kantonalbank agreed to work together
in the area of structured investment products. As part of this cooperation,
Basler Kantonalbank will act as the issuer of structured investment
products, while Leonteq will provide services along the value chain.

Lukas Ruflin, Chief Executive Officer of Leonteq, stated: "We are pleased to
have gained Basler Kantonalbank as a new partner and to be able to offer our
clients structured investment products from one of the best-rated issuers in
Switzerland."

The structured investment products issued by Basler Kantonalbank will be
distributed by Basler Kantonalbank and Leonteq to their respective clients
in Switzerland. The first product will already be available for subscription
from next Monday. The offering of Basler Kantonalbank products will be
gradually expanded on Leonteq's multi-issuer platform by the end of 2020.

Luca Pertoldi, Deputy CEO and Head of Distribution Commercial Clients at
Basler Kantonalbank, commented: "The digital transformation of our business
model is a cornerstone of our Strategy 2018 to 2021. With its
state-of-the-art tools and innovative solutions, Leonteq will help us to
achieve our ambitious goals and expand our structured product capabilities."

Basler Kantonalbank is one of the largest Swiss cantonal banks, with total
assets of CHF 27.3 billion and a total capital ratio of 20.0% as of end
2019. It has an AA+ issuer rating from Standard & Poor's and a state
guarantee from the Canton of Basel-Stadt.

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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