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EFG International announces change to its leadership team

Zurich, 24 March 2017

EFG International today announces that Franco Polloni has been appointed Head of Central Switzerland, Ticino & Italy Region and a Member of the Executive Committee, effective 1 August 2017 at the latest. He will succeed Renato Santi, who will leave the firm after the integration of BSI's Swiss business into EFG, planned to take place in the course of April 2017.

Franco Polloni has been appointed Head of Central Switzerland, Ticino & Italy Region and a Member of EFG International's Executive Committee, effective 1 August 2017 at the latest, subject to regulatory approval.

Franco Polloni has broad management experience in private banking and asset management and extensive knowledge of the Swiss financial sector. He is joining EFG International from Lugano based Banca del Ceresio, where he was Head of Private Clients & Asset Management and a Member of the Executive Board since 2014. Between 2008 and 2014, he held various leadership positions at BSI and was Head of Wealth Management Services and a Member of the Executive Board from 2008 to 2010. From 2001 to 2008, he worked at Banca del Gottardo, where he was appointed a Member of the Executive Board in 2006 and served as Head of Products & Services until the bank's integration into BSI in 2008. Franco Polloni was born in 1965 and is a Swiss national. He holds a master's degree in business administration from the University of Zurich and is a Member of the Fiscal Commission of the Ticino Banking Association.

Franco Polloni will succeed Renato Santi, who will leave EFG International after the legal integration of BSI's Swiss business, planned to take place in the course of April 2017. Until Franco Polloni's arrival, Thomas A. Mueller, currently CEO of BSI, will manage the Central Switzerland, Ticino & Italy Region ad interim.

Renato Santi was appointed a Member of EFG International's Executive Committee as of November 2016, after the completion of the acquisition of BSI. Over the past two decades, Renato Santi held several managerial positions at BSI in Switzerland and abroad, and successfully headed various strategic development projects.

Joachim H. Straehle, CEO of EFG International: "We thank Renato Santi for his contribution in leading our combined business in the Central Switzerland, Ticino & Italy Region in this transitional phase. We wish Renato all the best in his future endeavours. I am very pleased to welcome Franco Polloni in EFG International's leadership team. He brings vast experience in private banking and wealth management and the Swiss financial center. Together with my colleagues in the Executive Committee, I am very much looking forward to working with Franco and to draw on his knowledge to drive forward the combined business of BSI and EFG."

24 March 2017

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About EFG International

EFG International is a global private banking group offering private banking and asset management services and is headquartered in Zurich. EFG International's group of private banking businesses, including Lugano-based BSI, operates in around 40 locations worldwide. Its registered shares (EFGN) are listed on the SIX Swiss Exchange.

EFG International AG, Bleicherweg 8, 8001 Zurich, Switzerland www.efginternational.com

Important Disclaimer

This document has been prepared by EFG International AG ("EFG") solely for use by you for general information only and does not contain and is not to be taken as containing any securities advice, recommendation, offer or invitation to subscribe for or purchase or redemption of any securities regarding EFG.

This release contains specific forward-looking statements, e.g. statements which include terms like "believe", "assume", "expect", "target" or similar expressions. Such forward-looking statements represent EFG's judgments and expectations and are subject to known and unknown risks, uncertainties and other factors which may result in a substantial divergence between the actual results, the financial situation, and/or the development or performance of the company and those explicitly or implicitly presumed in these statements. These factors include, but are not limited to: (i) the ability to successfully integrate BSI and realise expected synergies, (2) general market, macroeconomic, governmental and regulatory trends, (3) movements in securities markets, exchange rates and interest rates, (4) competitive pressures, and (5) other risks and uncertainties inherent

in the business of EFG and its subsidiaries, including BSI group. EFG is not under any obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law or regulation.

Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of EFG and its subsidiaries, including BSI group. EFG and BSI as a combined group may not realise the full benefits of the contemplated transaction, including the expected synergies, cost savings or growth opportunities within the anticipated time frame or at all.

EFG International AG published this content on 24 March 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 13 April 2017 21:28:07 UTC.

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