Press release

Euromoney Private Banking Survey 2019 Gutmann receives multiple awards in and

(, 22 February 2019) – Five times gold and twice silver: this is the gratifying outcome for Bank Gutmann in this year’s Euromoney Private Banking and Wealth Management Survey 2019.

Every year, more than 2,000 private banking advisors rate the service quality of their peers in various categories in a world-wide comparison conducted by the international financial magazine Euromoney. The defining factors are the volume of assets under management and specific services offered, such as social impact investing or philanthropy. As the number of participants has remained consistently high over many years, the results paint a comprehensive picture of quality in asset management and allow long-term comparisons. f.l.t.r.: Velitchka Hristova & Claudia Figl, Bank Gutmann

In its home market Austria, Bank Gutmann won first place each in the categories “High Net Worth Clients” (US$ 5 to 30 million) and “Succession Planning Advice and Trusts” this year. In addition, the Bank was awarded silver in the categories “Super Affluent Clients” (US$ 1 to 5 million) and “Best Private Banking Services Overall”. In the Hungarian standings, Gutmann was pleased to take a total of three first places: in the categories “Ultra High Net Worth Clients” (above US$ 30 million), “Family Office Services” and “Succession Planning Advice and Trusts”. Results can be viewed here.

Frank W. Lippitt, Partner und Chief Executive Officer of Bank Gutmann: “Most of all, we love praise from our clients. But when our industry peers give us likewise top marks for our service, this is the icing on the cake, to put it that way“. Claudia Figl, Partner and Head of Private Clients adds: “In , we have been serving international clients from Central and since 2005. The award is a welcome confirmation that with our offerings and services we can reap success internationally as well.”

Awards received by Bank Gutmann at a glance

Austria Gold: High Net Worth Clients (US$ 5 million to US$ 30 million) Gold: Succession Planning Advice and Trusts Silver: Super Affluent Clients (US$ 1 million to US$ 5 million) Silver: Best Private Banking Services Overall

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Hungary Gold: Ultra High Net Worth Clients (Greater than US$ 30 million) Gold: Family Office Services Gold: Succession Planning Advice and Trusts

About Bank Gutmann

Founded in 1922, Privatbank Gutmann is a wealth management specialist and market leader in Austria. An 80 percent interest in the bank is held by the Kahane family, another 20 percent by executive and non-executive partners. Gutmann currently manages client assets worth EUR 20.5 billion (as of 31 December 2018). This volume has more than doubled since 2008. Gutmann clients include domestic and international entrepreneurs and entrepreneurial families, foundations and trusts, wealthy private clients and institutional investors. The long-established Viennese bank has won multiple awards as a leading private bank in Austria, in German-speaking countries and in CEE countries.

This is a marketing information. Investment in financial instruments is subject to market risks. All figures made without guarantees. Errors and omissions excepted. Bank Gutmann AG hereby explicitly points out that this document is intended solely for personal use and information. Publishing, copying or disclosure by any means whatsoever shall not be permitted without the consent of Bank Gutmann AG. The contents of this document have not been designed to meet the specific requirements of individual investors (desired return, tax situation, risk tolerance, etc.) but are of a general nature and reflect the current knowledge of the persons responsible for compiling the materials at the copy deadline. This document does not constitute an offer to buy or sell nor a solicitation of an offer to buy or sell securities. https://www.gutmann.at/en/imprint.

Queries

Claudia Figl Bank Gutmann Aktiengesellschaft Schwarzenbergplatz 16, 1010 Vienna Phone: +43-1-502 20-109 [email protected], www.gutmann.at

Jörg Wollmann The Skills Group Margaretenstrasse 70, 1050 Vienna Phone: +43-664-8860 5860 [email protected], www.skills.at

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