Brief portrait

LGT in the A look inside the Princely Collections For more than 400 years, the Princes of have been passionate art collectors. The Princely Collections include key works of European art stretching over five centuries and are now among the world’s major private art collections. The notion of promoting fine arts for the general good enjoyed its greatest popularity during the Baroque period. The has pursued this ideal consistently down the generations. We make deliberate use of the works of art in the Princely Collections to accompany what we do. For us, they embody those values that form the basis for a successful part- nership with our clients: a long-term focus, skill and reliability. www.liechtensteincollections.at

Cover picture: Johann Wilhelm Weinmann, detail from “Paeonia major flore rubro simplex, Gichtrosen. Paeonia flore pleno rubro major, Pimoine, Pfingstrosen,” c. 1737 © LIECHTENSTEIN. The Princely Collections, – Content

4 Welcome to LGT

6 LGT at a glance

8 Personal private banking

10 Comprehensive

11 How we practice sustainability

12 LGT in the Middle East

13 International presence

14 Risk note/Disclaimer 4 Welcome to LGT

H.S.H. Prince Philipp von und zu Liechtenstein (left) and H.S.H. Prince Max von und zu Liechtenstein (right)

Welcome to LGT, the world’s largest family-owned and -managed global private banking and asset management group. An entrepreneurial spirit, a long-term perspective and disciplined execution have shaped our family’s success in growing and managing wealth for nearly 900 years.

Those same values are reflected in LGT’s approach. We actively respond to changes in the marketplace, leveraging our international platforms to continuously identify global investment opportunities. Based on disciplined analysis, each investment is considered in the context of your indi- vidual portfolio needs and investment horizon.

Our family and clients share the view that wealth is not an end in itself, but rather a means to achieving greater purpose in life. Empowering you to realize your unique goals and aspirations is the objective of our relationship. 5

Our philosophy is to share the same capabilities and investment principles that we use to manage our family’s capital with you. Our approach to co-investment leads to a natural alignment of interests between ourselves and our clients. LGT’s independence from a broader banking group is what sets us apart. Our ownership structure and clear focus on private banking and asset management means you are assured of objective advice.

LGT has an established presence in the world’s leading financial centers. Wherever you are based, you can enjoy direct access to our relationship managers, investment specialists, financial planners and philanthropy experts.

We look forward to meeting you.

H.S.H. Prince Philipp von und zu Liechtenstein Chairman LGT

H.S.H. Prince Max von und zu Liechtenstein CEO LGT 6 LGT at a glance

As the family office of the Princely Family of Liechtenstein, we possess extensive experience in the management of family assets. This expertise also forms the basis of the cooperation with our clients. We combine tried-and-tested private banking and asset management services with addi- tional offerings in areas such as impact ventures.

Long-term strategy and corporate philosophy LGT’s private ownership and efficient governance facilitate quick and independent decision-making based on a long- term perspective with regard to corporate strategy and development.

Conservative balance sheet and financial stability LGT has a healthy balance sheet, a high level of liquidity and a solid capitalization. Its equity capital is well above the legal requirements and reflects the financial strengths of the company in international comparison. 7

International platforms with a strong local presence We invest with a global perspective and in close collaboration with the world’s leading investment specialists. Besides our asset management headquarters in , we also have offices in the key financial centers of , New York, , , , , and as well as in and Vaduz.

Irrespective of whether you are based in Liechtenstein, Switzerland, , the , Singapore, Hong Kong or Dubai, we have a strong local presence and service you locally. We offer our private clients five booking centers, which they can utilize independently of their place of residence. Throughout LGT we employ around 2500 persons at more than 20 locations in , , the Americas, and the Middle East.

LGT Group: financial highlights as at June 30, 2016

Assets under administration CHF million 143 372 Total assets CHF million 34 192 Equity capital CHF million 3 209 Total operating income CHF million 576 Group profit CHF million 124 Headcount 2 515 Rating Moody’s/Standard & Poor’s for LGT Bank Ltd., Vaduz Aa2/A+ 8 Personal private banking

As a leading private banking and asset management group, we have a deep understanding of our clients’ individual needs. Combining this understanding with our outstanding investment skills enables us to devise the best possible solution for you. We adopt an active investment approach and can draw on indispensable regional expertise across all the major financial markets. Our comprehensive range of asset management services is designed solely to help you achieve your financial objectives.

Individual wealth strategy As the family office of the Princely Family, we have the expertise required to look after a family’s assets over generations. Backed by our experience of investing across several economic cycles and our expertise in global financial markets and numerous asset classes, we work with you to develop your own individual wealth strategy. Aware that sustainable success takes time and calls for discipline, we take a long-term view both as a company and as an investor. The best investment opportunities can often be found in uncertain and volatile markets, making it important to stick with investments over sustained periods and across several economic cycles. 9

Meeting face to face to agree objectives and a strategy.

Personalized advice Your relationship manager is your direct contact person, and if required, can call in other experts from LGT or from our international network. If you opt for a portfolio management mandate, we invest your assets in line with the strategy drawn up with you and in accordance with your risk propensity and tolerance. We talk to you in person and provide regular, detailed reports to keep you informed about the performance of your assets. 10 Comprehensive asset management

LGT has 350 asset management specialists focused on constructing diversified alternative investment portfolios for institutional clients. More than 400 pension funds, insurance companies, sovereign wealth funds and foun- dations worldwide, as well as our owner, the Princely Family of Liechtenstein, have entrusted us with their assets.

Strategic investment We pursue a long-term investment strategy that incor- porates a diversified set of risk factors. We develop robust portfolios that we stress-test in a range of different macro- economic scenarios.

Active advisory approach As an active investor, we seek undervalued investments in attractive niches, which requires deep analytical skills and comprehensive market coverage.

Efficient execution We deploy capital through a combination of leading managers and direct investments. 11 How we practice sustainability

For us, sustainability means conducting our activities in a manner compatible with our social responsibilities and in line with a long-term holistic perspective.

Sustainable investing With our sustainable investment products we enable you to invest in future-oriented themes. We offer various solutions suitable for both private and institutional clients which help you to generate long-term value.

Improving quality of life LGT Impact Ventures and LGT Venture Philanthropy support organizations throughout the world that aspire to improve the quality of life of less advantaged people. Our clients are given the opportunity to participate in these projects.

Commitment to the environment and climate And finally, LGT is also committed to protecting the environ- ment in its banking operations and using natural resources as carefully as possible.

You can find more information on sustainability initiatives and the LGT Sustainability Report at www.lgt.com and www.lgtiv.com. 12 LGT in the Middle East

LGT’s clear and stable ownership structure, its focused business model and conservative long-term approach provide clients with consistency, continuity and stability. In addition, LGT offers its discerning clients a unique alignment of interests, independent and unbiased advice and access to an open platform.

Always close to you LGT in the Middle East with its main office in the Dubai International Financial Center (DIFC) and the representative office in serves clients from its offices in the Middle East, Switzerland, Singapore and Hong Kong. With a strong local presence, LGT is able to make its innovative investment solutions even better accessible to new and existing client groups in this rapidly growing region.

LGT is your experienced and reliable partner for private banking in the Middle East – whether it is for banking services, investments, wealth planning, trading or credit.

LGT Middle East main office in the Dubai International Financial Center (DIFC) 13 International presence

Europe Principality of Liechtenstein, Vaduz Austria, , Vienna , Dublin Switzerland, , Berne, Chur, Davos, , , Pfäffikon, Zurich United Kingdom, Bristol, , London

America United States, New York

Asia China, Beijing Hong Kong Japan, Tokyo Singapore

Australia Sydney

Middle East Bahrain, , Dubai

A complete address list of all LGT locations can be seen at www.lgt.com 14

Risk note/Disclaimer This publication is for your information only and is not intended as an offer, solicitation of an offer, public advertisement or recommendation to buy or sell any investment or other specific product. The information in this publication does not constitute an aid for decision-making in relation to financial, legal, tax or other consulting matters, nor should any investment or other decisions be made on the basis of this information alone. It is recommended that advice be obtained from a qualified expert. Investors should be aware that the value of investments can fall as well as rise. Positive performance in the past is therefore no guarantee of positive performance in the future. The risk of price and foreign currency losses and of fluctuations in return as a result of unfavorable exchange rate movements cannot be ruled out. There is a possibility that investors will not recover the full amount they initially invested. The Bauer brothers, detail from “Hortus Botanicus, Amaranthus,” 1776/1804 Suite 132,Suite Tower, NBB 13 Bahrain Office Representative Ltd. Bank LGT DFSA the by Regulated [email protected] +971 7000, 4436 Phone Emirates Arab P.O. United Dubai, 506793, Box 2 Level (West), Building Gate The DIFC, Ltd. East) (Middle LGT www.lgt.com +973 [email protected] 17Phone 00, 20 88 Bahrain of P.O. Kingdom 10498, Box Town 316 Manama Avenue, Government th Floor, Building 113, Building Floor,

50032en 0916 5H BVD