Zürcher Kantonalbank announces redemption of the CHF 750 million Additional Tier 1 bond

Zürcher Kantonalbank exercises its option to call and redeem the outstanding Additional Tier 1 bond with contingent write-down provisions and a nominal amount of CHF 750 million (ISIN: CH0361532945). The Additional Tier 1 bond will be redeemed at par plus accrued interest. The redemption will take place on 30 October 2026.

Zürcher Kantonalbank assesses each call decision individually on an economic basis, taking into account prevailing market conditions, the regulatory value of the instrument and its own capital planning.