Brief portrait A look inside the Princely Collections For more than four hundred 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 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 as imagery to accompany what we do. For us, they embody precisely those values that form the basis for a successful partnership with our clients: a long-term focus, skill and reliability. www.liechtensteincollections.at

Cover picture: Eduard de Ron, detail from “Prince Carl Theodor of Bavaria (1795–1875),” 1843 © LIECHTENSTEIN. The Princely Collections, – 3 Partner for generations

Dear Client

When choosing their asset man- ager, investors are once again increasingly placing importance on traditional values such as security, expertise and integrity. For over 80 years, LGT has been under the leadership of the Princely Family of Liechtenstein and also manages the Family’s assets. As one of a small number of privately-owned banks, we are able to focus on pursuing long-term goals and nurturing a corporate culture hallmarked by strong values and an entrepreneurial spirit.

On the following pages you can learn more about the key characteristics of our company.

We look forward to working with you. As your partner for generations.

H.S.H. Prince Max von und zu Liechtenstein CEO LGT 4 LGT at a glance

LGT is the largest Private Banking and group in the world that is wholly owned by an entrepre- neurial family. 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 for collaboration with our clients. We combine tried- and-tested private banking and asset management services with additional offerings in areas such as philanthropy.

Long-term strategy and corporate philosophy LGT is privately owned and enjoys efficient management and organizational structures. This enables us to make swift and independent decisions, and take a long-term approach to our corporate strategy.

Conservative balance sheet – financial stability LGT has a healthy balance sheet, a high level of liquidity and is very well capitalized. Its equity capital is consider- ably above the legal requirements and reflects the financial strength of the company in international comparison. 5

LGT Group: financial highlights as at June 30, 2015

Assets under administration CHF millions 125 693 Total assets CHF millions 32 734 Equity capital CHF millions 3 371 Total operating income CHF millions 549 Group profit CHF millions 131 Headcount 2 148 Rating Moody’s/Standard & Poor’s for LGT Bank Ltd., Vaduz Aa2/A+

International platforms – strong local presence We invest with a global perspective and in close collabo- ration with the world’s leading investment specialists. In addition to our asset management headquarters in Switz­ erland, we also have offices in the key financial centers , New York, , , , , and , as well as in and Vaduz.

We offer our private clients five booking centers, which they can utilize independently of their place of residence.

Irrespective of whether you are based in Liechtenstein, , , Singapore, Hong Kong or Dubai, we have a strong local presence and serve you locally. The group employs around 2100 individuals in more than 20 locations in , , the Americas, and the . 6 Personal private banking

For us, trust, personal advice and high-quality asset manage- ment are the most important elements of a long-lasting partnership with you, our clients. We always seek out the best solutions from the entire investment universe, and provide you with unbiased 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.

LGT Private Banking

■■ Investment advisory and asset management

■■ Loans and financing

■■ Philanthropy 7 Outstanding asset management

Successful investing over a long period of time requires stability, competence and discipline.

Asset allocation The core elements of our investment philosophy are dis­ ciplined asset allocation across the full range of all asset classes and continuous risk monitoring of portfolios.

Access to the world’s leading managers In fulfilling our goal of finding the best possible investments for your assets, we utilize a sophisticated manager selection process based on a thorough analysis of qualitative and quantitative factors. Thanks to our global network and our business presence in all key financial centers, we can provide you with access to the world’s leading managers.

Your own family office Our owner family uses LGT Asset Management as a family office for its financial investments. As a private client, you have the possibility of investing your assets according to the same strategy as the Princely Family.

LGT Asset Management

■■ Global selection of successful investment managers

■■ Formulation and optimization of investment strategies

■■ Development and realization of investment processes, products and solutions 8 How we practice sustainability

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

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

Philanthropic commitments LGT Venture Philanthropy supports organizations through- out the world that aspire to improve the quality of life of less advantaged people. Just like the Princely Family of Liechtenstein, you too can support selected projects.

Commitment to the environment and climate LGT is also committed to protecting the environment when conducting its business activities and to 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.lgtvp.com 9 International presence

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

America United States, New York Uruguay, Montevideo

Asia China, Beijing Hong Kong Japan, Tokyo Singapore

Australia Sydney

Middle East , , Dubai

A complete address list of all LGT locations can be seen at www.lgt.com 10

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 there- fore 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 in- vestors will not recover the full amount they initially invested. Moritz Michael Daffinger, detail from “The actor Joseph Koberwein as Duke Alfons in Goethe’s Torquato Tasso,” 1816 LGT Group Foundation Herrengasse 12, FL-9490 Vaduz Phone +423 235 11 22, [email protected] UID: CHE-208.624.214 www.lgt.com

LGT Bank Ltd. Herrengasse 12, FL-9490 Vaduz Phone +423 235 11 22, [email protected]

LGT Bank AG Zweigniederlassung Österreich Bankgasse 9, A-1010 Vienna Phone +43 1 227 59-0, [email protected]

LGT Bank (Switzerland) Ltd. Lange Gasse 15, CH-4002 Basel Phone +41 61 277 56 00, [email protected]

LGT Bank (Hong Kong) (A branch of LGT Bank AG) 4203 Two Exchange Square 8 Connaught Place Central, Hong Kong Phone +852 2868 0201, [email protected]

LGT Bank (Singapore) Ltd. 3 Temasek Avenue #30-01 Centennial Tower, Singapore 039190

Phone +65 6415 3800, [email protected] LDZ 50032en 0915 1.3T