UBS Shareholder Engagement Presentation Deck
Compensation framework for GEB members
No changes to the GEB compensation framework in 2022
Illustrative example:
GEB¹
Deferred
contingent
capital plan
(DCCP)
30%
Long-term
Incentive Plan three-year performance
(LTIP)
period
50%
Cash
20%
Base
Salary
20%
2023
grant year
GEB share ownership
requirements:
UBS
Year 1 Year 2
~17%
Year 3
~17%
Year 4
Group CEO: min. 1,000,000 shares
Other GEB members: min. 500,000 shares
30%
~17%
Year 5
Key features
Notional additional tier 1 (AT1) instruments
Award vests in year 5 after grant year, subject to a write-down if a viability event occurs or the CET1 capital
ratio falls below 10% (i.e., a trigger event)
-
Award is subject to 20% forfeiture for each financial year that UBS does not achieve a Group profit before tax,
adjusted for disclosed items generally not representative of underlying business performance
Award is subject to employment conditions and harmful acts provisions
Notional shares
Award vests in equal installments in years 3, 4 and 5 after grant year, depending on the achievement of
ROCET1 and rTSR measured over a three-year performance period
Award is subject to employment conditions and harmful acts provisions
Must be built up within five years from their appointment and retained throughout their tenure.
Refer to page 211 of the 2022 UBS Group AG Annual Report for further information; 1 Performance awards to GEB members who are SMF/MRT are subject to additional deferral and vesting
requirements.
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