Leonteq : Changes to the Executive Committee on 1 October 2017

Leonteq AG (SIX: LEON), the independent technology and service provider for investment solutions, today announced that Marco Amato (36), Chief Financial & Risk Officer of Leonteq, has been appointed Deputy CEO of Leonteq. This and all other changes have been decided by the Board of Directors, following proposals from the Chief Executive Officer, Jan Schoch (40).

Alongside deputising the CEO, in his new role Marco Amato will take on particular responsibility for adherence to the approved budget and the application of robust and appropriate control mechanisms. He will also ensure that the financial, functional and cultural targets are attained, and that compliance requirements and all security regulations are observed in every aspect of all service delivery areas of Leonteq. Marco Amato will report directly to the CEO, and will also carry on his duties as Chief Financial Officer in parallel. Given his new responsibilities, he will be relinquishing his role as chief Risk Officer. Amato is a Swiss and Italian citizen. Before joining Leonteq in 2016 he was a partner at management consultants Ernst & Young. Marco Amato holds an Advanced Master of International Business Law (LL.M.) from the University of Zurich, and a Master of Business and Economics from the University of Basel.

Reto Quadroni (54), will take over all the duties of the Chief Risk Officer from Marco Amato and will be appointed to the executive committee. Currently Head of Risk Control for Leonteq, Reto Quadroni has a PhD in physics and has a wealth of industry experience. From the mid-1990s he worked as a Quantitative Risk Analyst at UBS, followed by a number of years in the Credit Risk Control department of the reinsurer Swiss Re. From 2003 to 2009 Reto Quadroni returned to UBS as Senior Quantitative Risk Analyst, before joining Leonteq in 2009. In his new role Reto Quadroni will report directly to the CEO, Jan Schoch.

Ulrich Sauter (47, lic.iur, attorney, LL.M.), the previous General Counsel and a member of the executive committee of Leonteq, is leaving the company after 10 years, at his own request to fulfill his long stated desire to return to legal practice. Ulrich Sauter intends to now utilise his knowledge and experience as a corporate lawyer in international financial markets regulation and in the fields of fintech and regtech and will join a specialist law firm. He will, however, continue to advise Leonteq as an external counsel.

As a result, Ingrid Silveri (41), attorney with a doctorate in law, will take on the duties of the General Counsel of Leonteq and will become another new member to the executive committee. Ingrid Silveri has worked at Leonteq since 2011, heading the Legal department since 2014. She was born in France and has Italian-Venezuelan family roots. Her career path has included stints at the well-known law firms Clifford Chance (Frankfurt) and Simmons & Simmons (Frankfurt). She holds degrees from the Ludwig Maximilian University of Munich, Germany, and the Andrés Bello Catholic University in Caracas, Venezuela.

Jan Schoch: 'I look forward to continuing to work with Ingrid Silveri and Reto Quadroni in their new roles. Both of them have outstanding expertise in their areas of specialism and will enrich the executive committee of Leonteq.

I would like to thank Ulrich Sauter for his consistently excellent service to Leonteq over the last decade. He helped to build up the Legal, Compliance, Product Documentation and Taxes departments and, as a member of the Board of Directors of subsidiaries abroad, played a key role in the governance of the company. We regret his departure, but we are fortunate in being able to count on him as an external advisor.

In Marco Amato, a Deputy CEO has been chosen whose broad range of expertise will enable me to focus more on the strategic positioning of Leonteq, as well as on existing and future partnerships, on clients, shareholders and on leadership responsibilities.' Ulrich Sauter: 'Leonteq will continue to enjoy my absolute support. I have had the pleasure of being with the company from the start, and the privilege of working with outstanding specialists in their field. After ten years, I would now like to commence a self-employed activity.'

Pierin Vincenz, Chairman of the Board of Directors: 'With the changes in the executive committee that have been approved, and the independent role of Chief Risk Officer that has been created additionally, the Board of Directors of Leonteq considers itself well-placed to continue the turnaround that has already taken place - and to go further down the road of ensuring the long-term profitability of the company.'