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Media Release

EFG International announces successful completion of penultimate integration milestone; Giorgio Pradelli, current Deputy CEO and CFO, to succeed CEO Joachim H. Straehle, who retires at year-end 2017

Zurich, 04 October 2017

Following the successful completion of the platform migration of the former BSI businesses in Zurich and Geneva onto EFG's IT platform, EFG International announces the appointment of Giorgio Pradelli as EFG's new CEO effective 1 J anuary 2018. Joachim H. Straehle has announced his retirement as of end-2017, when the fullintegration of farmer BSI into EFG is expected to be completed. Dimitris Politis willsucceed Giorgio Pradelli in his role as CFO, and Renato Cohn has been appointed EFG's future Deputy CEO.

EFG International has successfully concluded the platform migration of the former BSI businesses in Geneva and Zurich onto EFG's groupwide IT system. This migration follows the legal integration in J une and presages the final completion of the bank's integration process with the system migration of the former BSI business located in Lugano which is expected before year-end 2017.

Followi ng this important milestone in the bank's integration process, EFG lnternational's Board of Directors has appointed Giorgia Pradelli (1967), Chief Financial Officer since 2012 and Deputy Chief Executive Officer since 2014, as CEO of EFG International and EFG Bank, effective 1 January 2018. The Board has further appointed Dimitris Politis (1971) as CFO, a lso effective 1 J anuary 2018. Mr. Politis is currently CFO of SETE S.A. He was previously General Manager, Head of Strategy and Investor Relations at EFG Eurobank Ergasias, which he j oined in 1999. Also effective 1 January 2018 and subjectto regulatory approval,the Board has appointed Renato Cohn (1972), Head of Investment Solutions, as Deputy CEO, in addition to his existing

responsibilities.

Joachim H. Straehle, CEO of EFG International and EFG Bank since April 2015, has agreed with the Board of Directors that he will retire as CEO effective 31 December 2017. This dec ision,follows Mr Straehle's successful leadership and delivery of the transformative projectto acquire and integrate BSI into EFG.

John A. Williamson, Chairman of EFG Internationa l: "The Board would like ta than k J oe Straehle for his outstanding serv ice in both initiating and successfu lly executing the BSI acquisition and integration. We wish Joe the very best for his well-deserved retirement At the same ti me, the Board is delighted that in Giorgio Pradelli we have a natural and proven successor who can ensure a smooth leadership transition and take the combined EFG business to the next stage of its development. The Board also extends a very warm welcome to Dimitris Politis who, owing to his previous experience and close collaboration with Mr. Pradelli, together with his intimate knowledge of EFG Group is ideally qualified for the CFO role."

Joachim H. Straehle: "Since 2015, the management team and I successfu lly executed an our strategic priorities, focusing on growth, efficiency and a strong management and performance culture at EFG. The BSI acquisition reflects this strategic direction, and now, with the integration process coming to a close, it is a natural step for me to hand over my CEO responsibilities to a highly qualified leader. It has been bath fascinating a nd a p rivilege to lead EFG through this transformationa l phase, and I wo uld li ke to thank all

o ur employees for their commitment and the Board of Directors for the ir trust"

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EFG International AG published this content on 04 October 2017 and is solely responsible for the information contained herein.
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