UBS AG - Listing of UBS Autocallable Notes linked to the OMX, AS51, SX5E and NKY Indices

Listing of UBS Autocallable Notes linked to the OMX, AS51, SX5E and NKY Indices

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

Listing of UBS Autocallable Notes linked to the OMX, AS51, SX5E and NKY
Indices (the "Notes") – Series 8.

The JSE Limited has granted UBS approval for the listing of the Autocallable
Notes linked to the OMX Stockholm 30 Index, S&P/ASX 200 Index, the EURO STOXX
50 Index and the Nikkei 225 Index due 23 July 2030.

An autocallable is a structured product which pays investors return payments,
subject to an underlying reference asset(s) being at or above a specified
level. The products have a fixed maximum tenor; however, the tenor may be
shorter if the product is called. The product has set observation dates on
which the return payments are made, and the product can be called early. The
return paid by the product is financed by a short position in a put option.
The put option has a tenor that matches the maximum tenor of the product.

The Notes are a notional rand denominated structured product referencing
global indices. This product offers a return if on any Observation Date all
Underlyings close at or above the Autocall Barrier level. In this case, the
investor will receive a fixed payment for every observation period that has
passed since inception. The product also allows for early redemption before
expiry, with the investor receiving back their invested capital on top of
the relevant return for the relevant period if all Underlyings close at or
above a specific Autocall Barrier level on any Early Termination Observation
Date.

If no autocall event occurs, the investor will receive 100% of the Nominal
on the Redemption Date provided none of the Knock-In Levels have been breached
on the Expiration Date.

If at least one of the Underlyings closes at or below its respective Knock-
In Level at expiry, the redemption value will reflect the performance of the
worst performing Underlying.

This listing is issued under the Information Memorandum of UBS AG. Trading
will commence on Wednesday, 07 August 2024.

INSTRUMENT NUMBER:                116855
ALPHA CODE:                       UBGPAE
ISIN:                             ZAE000337606
ISSUE SIZE (UNITS):               100,000 (unit quotation)
ISSUE PRICE (RAND):               1,000 per Note

UNDERLYING INDICES:               S&P/ASX 200 Index
                                  (Bloomberg: AS51 Index)

                                  EURO STOXX 50 Index
                                  (Bloomberg: SX5E Index)

                                  Nikkei 225 Index
                                  (Bloomberg: NKY Index)

                                  OMX Stockholm 30 Index
                                  (Bloomberg: OMX Index)

LISTING DATE:                     07 August 2024
EXPIRY DATE:                      23 July 2030

Underlyings and Levels (on the Pricing Date):
 Index Initial Level        Contingent    Mandatory Early        Knock-In
                          Coupon Level        Termination           Level
                                                    Level
        Index Closing       85% of the        100% of the      65% of the
                Level    Index Closing      Index Closing   Index Closing
                                 Level              Level           Level
 AS51      7,921.2670       6,733.0770         7,921.2670      5,148.8236
 SX5E      4,862.5000       4,133.1250         4,862.5000      3,160.6250
 NKY      37,667.4100      32,017.2985        37,667.4100     24,483.8165
 OMX       2,578.7490       2,191.9367         2,578.7490      1,676.1869


Observation Date(s):

n    Date
1    22 July 2025
2    21 July 2026
3    20 July 2027
4    25 July 2028
5    24 July 2029
6    23 July 2030

Early Termination Observation Date(s):

n    Date
1    N/A
2    21 July 2026
3    20 July 2027
4    25 July 2028
5    24 July 2029
6    23 July 2030

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/products

Johannesburg
06 August 2024

Sponsor: UBS South Africa (Pty) Limited

Date: 06-08-2024 02:00:00
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