TRACKER CERTIFICATE ON THE SWISS DIVIDEND STARS BASKET II

For discussion purpose only Product is illustrative and subject to approval Terms and conditions might change

February 2017 OVERVIEW* Tracker Certificate on the Swiss Dividend Stars Basket II

INDICATIVE TERMS

Issuer Bank Julius Baer & Co. Ltd,

Issuer's rating Moody's A2

Swiss Dividend Stars Basket II Underlyings (16 shares)

Currency CHF

Maturity 1 year

Participation 100%

Dividends Reinvested

Initial value CHF 100

Issue price CHF 101.50

Settlement Cash

Subscription Until February 10, 12:00 CET

Valor 32.848.288

+41 58 888 8181 [email protected]

*Terms are indicative and subject to change 2 BASKET COMPOSITION 16 shares

Bloomberg Ticker Sec. No. Name Weighting

LHN VX Equity CH0012214059 LAFARGEHOLCIM LTD-REG 10% ROG VX Equity CH0012032048 ROCHE HOLDING AG-GENUSSCHEIN 10% GIVN VX Equity CH0010645932 -REG 8% KNIN VX Equity CH0025238863 KUEHNE & NAGEL INTL AG-REG 8% NESN VX Equity CH0038863350 NESTLE SA-REG 8% BALN VX Equity CH0012410517 BALOISE HOLDING AG - REG 6% NOVN VX Equity CH0012005267 AG-REG 6% SGSN VX Equity CH0002497458 SGS SA-REG 6% SREN VX Equity CH0126881561 AG 6% ZURN VX Equity CH0011075394 AG 6% BION SW Equity CH0038389992 BB BIOTECH AG-REG 5% SPSN SW Equity CH0008038389 -REG 5% GAM SW Equity CH0102659627 GAM HOLDING AG 4% SRCG SW Equity CH0267291224 SUNRISE COMMUNICATIONS GROUP 4% SCMN VX Equity CH0008742519 AG-REG 4% VATN SW Equity CH0014786500 VALIANT HOLDING AG-REG 4% SELECTION RATIONALE

• Outperformance of the 1st Swiss Dividend Stars Basket of 10.5% vs. SMIC index (gross return index equivalent of the SMI index)

• Because of stable dividends and sector allocation, the basket is expected do well in rallies and in corrections

• JB research recommends an overweight on high dividend stocks in Europe

• The selection is more focused on stocks that already pay high dividends as opposed to dividend growing stocks

• Technical situation, profit growth and pricing potential to JB research target and consensus were also taken into consideration

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