UBS Results Presentation Deck slide image

UBS Results Presentation Deck

Wealthfront - Transaction overview Overview Valuation and financial impact Governance, leadership and branding Timing UBS Wealthfront • UBS has agreed to acquire Wealthfront, an industry-leading, digital wealth management provider serving the next generation of investors • Based in Palo Alto, California with 238 employees Wealthfront has > 470k clients with >27bn AuM as of 28.1.22 ● • All-cash transaction of USD 1.4 billion, financed by existing capital resources Expected CET1 capital ratio reduction of ~40bps upon closing Marginally EPS accretive ● ● ● ● ● Wealthfront will become a wholly-owned subsidiary of UBS Seamless client transition with no change to the client experience Wealthfront leadership to remain in place, led by current CEO • The transaction is expected to close in the second half of 2022 Subject to closing conditions, including regulatory approvals ● 44
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