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Results for the

1st

quarter of 2013May 6th, 2013

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Key messages

Results for the 1st quarter 2013

Client Groups

Balance Sheet

Key Figures

Agenda

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Key messages

Operating Profit of CHF 6.8mSolid results in a slowly recovering economical environment

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Net new monies of CHF 241 million in the firstquarter 2013

Total assets under custody crossed the 9 bnmark for the first time : CHF 9108 million.

Key messages

Strong Net New Monies of CHF 241m - Total Assets under Custody of CHF 9.1bn

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Key messages

2865 new clients accounts over the last 12 months to 203005 in total.1423 in first quarter 2013.

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Key messages

Successful partnership with BLKBAround CHF 200m mortgages

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9500 transactions in January 2013;41000 products and 13.9% market

share

Further development of the platformduring 2013

Key messages

Swiss DOTS

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Banking Services for Expats in the Middle East

Exclusive Swissquote bankingservices targeting expats in theMiddles East

Local Support from our licensed(DFSA CAT 4 Licence) subsidiary in

the Dubai International FinancialCentre.

All-In-One multi currency account forTrading and Savings.

Already about 100 active clients

New website www.swissquote.ae

Swissquote Magazine in English to support salesand marketing efforts

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Results for the 1st quarter 2013

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Revenues & Profitability

8.4%

New: Operating Revenues and total net revenues

to better measure operational performance andunrealized Fair Value adjustments.(In preparation for IFRS 9)

Total Operating Revenues at 28.7m(+1.9% vs., Q1-2013, +9.1% vs. Q4-2012)

Total Net Revenues at 28.4m(-12.8% vs., Q1-2013, +8.4% vs. Q4-2012)

Pre-tax Profit at 6.8m with margin of 19.5%

Net Profit at 5.5m with margin of 24.0%

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Adoption of Basel III framework

Solid core capital ratio (CET 1) of 25.4%

Total equity increases to CHF 245.3 million

Earnings per share at CHF 0.38 for the firstquarter 2013

Equity and Earnings per Share

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Controlled costs at CHF 21.6 million

(+3.4% vs. Q4-2012, +1.4% vs. Q1-2012)

Expenses & Profit Margin

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Total revenues are -2.8% lower than in the previous year

Trading Segment with a positive growth (+15.8%) due to a a better trading activity

Forex & Trading Income have been impacted by the unrealised fair value adjustment whichrepresented a negative impact of around CHF 0.3 million during the first quarter 2013(compared to the positive impact of CHF 1.0 million in Q1-2012)

Revenues and Client Groups

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Client Groups

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160978 Trading accounts (+0.9 % vs. Q1-2012)

Trading assets at CHF 8.3 billion (+8.7 % vs. Q1-2012) Average assets per account at ~ CHF 51.6

Trading Accounts - Growth

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Transactions per client per year at the highest since Q3-2011 at 13.0.

The total number of transactions at around 520000 during the first quarter 2013 (+4.1%compared to the previous year)

Trading Accounts - Transactions

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Saving Accounts Growth and Total Assets

30153 Saving accounts

Stable Saving assets

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Growth of Balance Sheet

Total Balance Sheet of CHF 2.8bn stable vs Q4-2012

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11067 active clients

CHF 127.9 million eForex assets (+5.6% vs. Q1-2012)

eForex Accounts Growth and Total Assets

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Total volumes for the 1st quarter 2013 at CHF 66.5 billion

Activity revenues reached CHF 6.8 million

eForex Accounts Volumes

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Balance Sheet

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Balance Sheet on 31st March 2013

* Due to revised IAS19 standard, comparative figures reported in our Q1-2013 Financial Report may differ from proforma figures disclosed hereabove (see note 9 of our Q1-2013 Financial Report)

31.03.2013 31.03.2012* Chg

Assets

Cash & TBs with Central Bank 1'463.1 1'340.9 122.2

Loans & advances to banks 215.4 321.0 -105.6

Investment securities 838.2 802.3 35.9

Loans & advances to customers 106.1 106.6 -0.5Fixed assets 70.2 57.2 13.0

Derivatives financial instruments 35.0 26.7 8.3

Other assets 63.7 59.9 3.8

Total Assets 2'791.7 2'714.6 77.1

Liabilites & Equity

Due to customers :

Trading accounts 2'068.4 2'007.6 60.8

Saving accounts 433.7 416.3 17.4

Derivatives financial instruments 3.8 11.5 -7.7

Other liabilities 40.5 41.0 -0.5

Equity 245.3 238.2 7.1

Total Liabilities & Equity 2'791.7 2'714.6 77.1

Actual

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Balance Sheet Structure on 31st March 2013

* Due to revised IAS19 standard, comparative figures reported in our Q1-2013 Financial Report may differ from proforma figures disclosed hereabove (see note 9 of our Q1-2013 Financial Report)

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Key Figures

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Key Figures for the first quarter 2013