Results of the Annual General Meeting 2018 of UBS Group AG

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UBS Switzerland AG
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UBS shareholders approved all the Board of Directors’ proposals at today’s Annual General Meeting in Basel. Shareholders confirmed the re-election of the Chairman and the members of the Board of Directors. They elected Jeremy Anderson and Fred Hu as new members of the Board. They approved the payment of an ordinary dividend of CHF 0.65 per share, an increase compared with the previous year. They approved the proposals relating to the remuneration of the members of the Board of Directors and the Group Executive Board and accepted the Compensation Report 2017. 1,160 shareholders attended the meeting, representing 2,211,306,377 votes.

Zurich, 3 May 2018 – UBS Group AG shareholders approved all of the Board of Directors’ proposals at today’s Annual General Meeting in Basel.

Management report and consolidated and standalone financial statements approved

Shareholders approved the management report and the consolidated and standalone financial statements for the financial year 2017 of UBS Group AG (98.83%).

Compensation report approved

Shareholders approved the Compensation Report 2017 with (81.35%) in an advisory vote.

Appropriation of retained earnings and dividend distribution approved

Shareholders approved the payment of an ordinary dividend from the capital contribution reserve of CHF 0.65 per share (98.89%) for the financial year 2017.

Discharge of the members of the Board of Directors and the Group Executive Board approved

Shareholders approved the discharge of the members of the Board of Directors and the Group Executive Board for the financial year 2017 (89.68%).

Aggregate amount of variable compensation for the members of the Group Executive Board approved

Shareholders approved the aggregate amount of variable compensation for the members of the Group Executive Board for the financial year 2017 (82.57%).

Maximum aggregate amount of fixed compensation for the members of the Group Executive Board approved

Shareholders approved the maximum aggregate amount of fixed compensation for the members of the Group Executive Board for the financial year 2019 (84.81%).

Elections to the Board of Directors

The Annual General Meeting confirmed the Chairman of the Board of Directors, Axel A. Weber (97.44%), and fellow Board members Michel Demaré (98.11%), David Sidwell (98.67%), Reto Francioni (98.52%), Ann F. Godbehere (98.05%), Julie G. Richardson (98.41%), Isabelle Romy (98.57%), Robert W. Scully (96.44%), Beatrice Weder di Mauro (98.37%) and Dieter Wemmer (98.63%) in office for a further year. The AGM also elected Jeremy Anderson (98.67%) and Fred Hu (96.59%) as new members of the Board of Directors for a one-year term of office. Detailed CVs of all the members of the Board of Directors are available at www.ubs.com/bod.

Elections of the members of the Compensation Committee

Shareholders elected Ann F. Godbehere (96.46%), Michel Demaré (96.35%), Julie G. Richardson (98.29%) and Dieter Wemmer (98.31%) to the Compensation Committee for a one-year term of office.

Maximum aggregate amount of compensation for the members of the Board of Directors approved

Shareholders approved the maximum aggregate amount of compensation for the members of the Board of Directors from the Annual General Meeting 2018 to the Annual General Meeting 2019 (86.11%).

Re-elections

Shareholders approved the re-election of the independent proxy ADB Altdorfer Duss & Beilstein AG, Zurich, (98.99%), of the auditors Ernst & Young Ltd, Basel, (94.12%) and of the special auditors, BDO AG, Zurich, (98.40%).

UBS Group AG