UBS Shareholder Engagement Presentation Deck
Group CEOs performance assessment
Refer to page 217 of the 2022 Annual Report for the full details of the Group CEOs performance assessment
2022
targets
Weighted
assessment
Financial
performance
Non-financial
measures and
Behaviors
Weight Performance measures
20%
20%
20%
30%
10%
Group Profit before Tax
Cost/Income Ratio
Return on CET1 Capital
USD 9.8bn
70 to 73%¹
15 to 18%1
Core Job (Job specific, Risk, People)
Strategic & Growth (Strategy, Digital, ESG)
2022 results
USD 9.6bn
72.1%
17.0%
Behaviors (Accountability with integrity, Collaboration,
Innovation)
Achievement²
97.6%
100%³
100%
Good
contribution
(66%)
Expected
behavior
(66%)
19.5%
20.0%
20.0%
20%
7%
Total weighted assessment (maximum 100%) 86.5%
-
2022 commentary
PBT increased to USD 9.6 bn, slightly below target but up from 2021 and the highest annual result
since 2006, reflecting good profitability in a challenging market.
3
Compensation-related
AGM agenda items
Delivered strong capital returns with a return on CET1 capital (RoCET1) of 17.0%, in line with the
2022 performance target range
Core Job
-
The cost / income ratio was 72.1%, in line with the 2022 performance target range and an
improvement of 1.5 ppts versus 2021, demonstrating good cost discipline
Good client momentum in a challenging market environment and maintained strong focus on costs
Active capital management to protect our business, enable growth and deliver attractive returns
Operated within risk appetite constraints
- Improved employee listening / sentiment results across key categories
Successfully managed effective leadership transitions in GEB
Strategic & Growth
-
- Embedded our purpose into the organization and executed on strategic imperatives across regions
- Delivered on simplification initiatives, making it easier for our businesses to deliver for our clients
- Progressed our technology initiatives and agile transformation with new launches of key products
Continued focus on people diversity, on track toward the 2025 ambitions. For detail on ESG metrics
please see the 2022 Compensation Report
Continued to be a role model in accountability and empowerment in the organization
Exemplifies innovation in UBS. He continued the successful digitalization through new ways of
working and continuously promoted innovative thinking and simplification
The BoD approved the proposal by the Compensation Committee to grant Mr. Hamers a performance
award of CHF 9.7m, resulting in a total compensation for 2022 of CHF 12.2m4.
UBS 1 The return on CET1 capital and cost / income ratio performance targets reflect externally communicated target ranges; 2 Achievement score capped at 100%. The determination of the achievement is based
on specific target levels defined within the indicated target ranges; 3 For the assessment of the cost / income ratio, each 1% difference between actual and target affects the score by 10%; 4 Excluding
benefits and contributions to retirement benefit plans
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