Banking services for US citizens Valartis Bank Austria (AG)

«Sunset» by Severin Wurnig
 Valartis Prix Photo 2011

Banking services for US citizens
Valartis Bank Austria (AG)

The Bank in Rathausstrasse

• Founded by Sigmund Rosenfeld in 1890, we are one of the oldest private banks
in Austria; the Bank still owns and occupies the same building in Rathausstrasse

• For more than 120 years we have been providing discreet and professional
wealth management services to HNWIs (High Net Worth Individuals); more than 30 years
experience servicing the U.S. market

•   Since 2008, part of the wider Swiss-exchange listed Valartis Banking Group

Group Profile
                                 Swiss Financial Group with Focus on
                                 Private Banking

Valartis Group is an internationally active niche player with banks in Austria and
Liechtenstein. The Group focuses on the wealth management business for wealthy private
clients and institutional investors.

Founded in 1988 and domiciled in Zurich and Geneva; the holding company, Valartis Group
AG, is listed on the SIX Swiss Exchange since 1991.

Assets under management rose in 2014 by 9 percent to CHF 6.6 bn; core markets include
Central and Eastern Europe, the Middle East and selected countries in North and South
America as well as Asia.

Back to Vienna...

•   Valartis Bank in Austria is a small player but has developed considerable expertise in
    providing Austrian accounts to international HNWI clients

•   A broad and flexible range of services (from discretionary managed to self-directed to
    externally managed portfolios)

•   VBA accepts personal, corporate and trust/ foundation accounts

•   VBA is unique in Austria in terms of its North American client base

US network and expertise

•   Valartis Bank in Austria is a Qualified Intermediary of the IRS, is FATCA compliant and
    observant of SEC regulations; has established a dedicated team to service this business

Conor Hayden               Natalie Nizic             Barry Keeney            Jennifer Nolan

What attracts US clients to VBA?

•   VBA works with US tax and asset protection lawyers, IRA custodians and SEC licenced
    third party asset managers; VBA does not accept applications for an account directly from
    US domiciled persons

•   HNWIs seeking privacy for asset protection purposes and prudent diversification of
    jurisdiction

•   Open architecture - Best of Breed: We are completely independent and select the best
    from the SEC registered investment universe

•   US citizens living abroad need a specialist banking service since the advent of FATCA;
    discretionary management and investment advisory services

Goldstar IRA accounts at VBA

•   Successful Relationship since 2003 with over 100 accounts opened
•   Goldstar directly establish the account at Valartis
•   The account and its investments may be denominated in any major currency
•   Investments can include deposits, CDs, bonds, funds and listed securities (Investments
    using margin, futures and writing options are not authorised)
•   Easy and fast transfers via Goldstar allow funds to be added or repatriated swiftly

Valartis Bank Austria & ENR

§ Special Relationship since 1997

§ Close Co-operation

§ Valartis Hub for ENR Client Assets or ~50% of ENR AUMs

§ Conor, Jennifer, Natalie and Barry at Valartis

§ Great Team, Great Service!

Austria: Stronger than EMU Members

Austria is No Greece or Cyprus!

Key Figures

• The Bank in Vienna neither borrows nor lends substantially; we are a traditional
private bank

•   The Bank has very healthy levels of capitalization and an enviable liquidity ratio

As of 31.12.2014
AuM 1.294 bn EUR
Balance sheet assets 569 mn EUR
Tier 1 ratio 24.95 %

Thank you for your attention

                                         This marketing publication is for information purposes only. In particular, the information and details
Conor Hayden                             contained herein shall neither constitute an offer nor represent an invitation to submit an offer or a
Head of Institutional Private Banking    public advertisement inviting transactions or other business activities with the products and/or
                                         services described. With regard to the risks which must be considered in connection with any
                                         investment in products and/or the use of services included in this presentation, we want to inform
Valartis Bank (Austria) AG               you that there is no full overview of all potential risks. We recommend that you seek advice from a
Rathausstrasse 20                        specialist client adviser. We expressly disclaim any liability for damage or loss claimed on the basis
1010 Vienna, Austria                     of the product and/or service information contained in this publication. The contents of this
                                         presentation are protected by copyright. Any use of the presentation except for personal use
Tel: +43(0) 577 89 189                   requires our prior consent.
Fax: +43(0) 577 89 150
Email: c.hayden@valartis.at              This presentation is being submitted to selected recipients only. It may not be reproduced (in whole
www.valartis.at                          or in part) to any other person without the prior written permission of Valartis Bank AG. The
                                         information contained herein is not for publication or distribution to any other person and may not
                                         be relied upon or acted upon in relation to transactions with or for Valartis Bank AG.