Thomas Kelleher
Valued shareholders, ladies and gentlemen, I warmly welcome you to this Annual General Meeting of UBS Group AG here in Basel. I also welcome the viewers who are following the AGM live on the Internet. In accordance with Article 13 of the Articles of Association of UBS Group AG, I formally open the AGM, take the chair and introduce the participants who will support me here on the stage today. Starting on your far left, Todd Tuckner, the Group CFO; Barbara Levi, our Group General Counsel; Sergio Ermotti, the Group CEO; Lukas Gahwiler, the Vice Chairman; and on my left, Michael Schoch, our Group Company Secretary.
With this, I nominate Michael Schoch as the Secretary for today’s AGM. Further, I warmly welcome the members of the Board of Directors. I also welcome the independent proxy, Altorfer Duss & Beilstein AG, Zurich, represented by Dr. Larissa Marolda. I’m also pleased to welcome BDO AG Solothurn, which is responsible for counting the votes and represented by Ms. Laura von Arx and the notary, Ms. Karolina Dobry Oesch from Ludwig + Partner AG, Basel, who will publicly certify the ordinary reduction of share capital under agenda Item 10. Finally, I would like to welcome the representatives of the statutory auditors, Ernst & Young Limited, in particular, the lead auditors for the 2025 financial year.
On the 5th of January 2026, we published a notice in the Swiss Official Gazette of Commerce and on our website inviting qualifying shareholders to submit their
