Julius Baer Group Ltd. provides earnings guidance for the full year 2025. As a result of the non-recurring release of tax provisions in December 2024, the impact on IFRS net profit from the sale of Julius Baer Brazil earlier this year, and the after-tax impact of the net credit losses booked during 2025, the Group currently expects that IFRS net profit for the full year 2025 will be less than the one achieved Fiscal Year 2024. Excluding these items, underlying profitability and capital generation remain strong, supported by record assets under management, solid net new money, and disciplined cost management.