UBS AG LONDON BRANCH - Final Redemption and Automatic Early Termination for Reitway Active Global Property Note, Alpha code URETGP

Final Redemption and Automatic Early Termination for Reitway Active Global Property Note, Alpha code URETGP

UBS AG, London Branch
(“UBS AG” or the “Company”)
(Incorporated and domiciled in Switzerland)
(Registration number: CHE-101.329.561)

Share code: URETGP     ISIN: ZAE000285458     Series 15

Notification to Noteholders of Final Redemption and the Automatic Early
Termination for the abovementioned product (collectively, the "UBS
Certificates") listed in the “Actively Managed” sector of the Main Board.

The Reference Portfolio Advisor has advised that they are no longer intending
to advise on and maintain the Reference Portfolio. As such, Noteholders are
hereby notified that the abovementioned portfolio will no longer replicate
an active portfolio strategy. The underlying portfolio has been converted
to cash in its entirety as of Friday, 10 February 2023.

1. Salient dates for the Automatic Early Termination

Last day to trade                                 Friday, 10 February 2023

Suspension Date                                   Monday, 13 February 2023

Final Redemption Amount and                       Monday, 13 February 2023
announcement of amount by 11:00

Record Date                                    Wednesday, 15 February 2023

Payment Date                                    Thursday, 16 February 2023

Automatic Early Termination Date                  Friday, 17 February 2023

2. Final Redemption Amount

Each Portfolio Note entitles the investor to receive on the Payment Date an
amount in the Settlement Currency, as calculated by the Calculation Agent,
according to the terms and conditions outlined in the Terms.

The Final Reference Portfolio Value (“RPV”) as at Friday 10 February 2023
(end of day close) is ZAR 132.12 (ZAc 13,212) per note. This is equivalent
to the Final Redemption Amount per note.

For further information kindly contact:

UBS KeyInvest South Africa
Tel.: +27 11 322 7129 / 7317
E-mail: keyinvestza@ubs.com
Web: http://keyinvest-za.ubs.com/

Johannesburg
13 February 2023

Sponsor: UBS South Africa (Pty) Limited

Date: 13-02-2023 11:50:00
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