Leonteq announces change to its Board of Directors

Leonteq AG (SIX: LEON), an independent expert in structured investment products and long-term savings and retirement solutions, announced today that Paulo Brügger has retired as a member of its Board of Directors with immediate effect.

Paulo Brügger, member of Leonteq’s Board of Directors since 2017, has informed the company on 2 February 2019 that he will step down from this role with immediate effect. Paulo Brügger was the Board representative of Leonteq’s largest shareholder, Raiffeisen Switzerland, and a member of Raiffeisen’s Executive Board until 21 January 2019. Leonteq thanks him very much for his valuable contributions and wishes him all the best.

Raiffeisen Switzerland will in due course propose an appropriate successor for nomination by Leonteq’s Board of Directors and election by the shareholders. The agenda, including Board nominations, for Leonteq’s Annual General Meeting on 27 March 2019, is planned to be published at the end of February 2019.