UBS AG LONDON BRANCH - Extension of the Expiration Date of UBS Actively Managed Certificate issued on 14 December 2018 (Series 8)

Extension of the Expiration Date of UBS Actively Managed Certificate issued on 14 December 2018 (Series 8)

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

Extension of the Expiration Date of UBS Actively Managed Certificate
("AMC") issued on 14 December 2018 (Series 8)

ALPHA CODE:               UABCPA
ISIN:                     ZAE000266417
Reference Portfolio:      Unicorn USD Portfolio 1

1. Final Redemption Amount

Noteholders of the abovementioned AMC issued on 14 December 2018
("Noteholders") who elected to redeem their holdings, are entitled to receive
on Payment Date an amount in the Settlement Currency, as calculated by the
Calculation Agent, according to the Terms and Conditions outlined in the
Final Terms.

The Final Reference Portfolio Value ("RPV") as at 05 December 2023 (end of
day close) is ZAR 183.80 (ZAc 18380) per AMC note. This is equivalent to the
Final Redemption Amount per AMC note.

Number of redeem elections                                            14,128

Final Reference Portfolio Value ("RPV")          ZAR 183.80 (ZAc 18380) per
                                                                   AMC note

Total Redemption Amount                                     ZAR 2,596,726.40

Payment Date of the Redemption Amount               Monday, 11 December 2023

2.    Extension of the Expiration Date

Noteholders for the abovementioned AMC are hereby advised that UBS AG has
extended the expiry date for an additional 5-year period, and that the
products long name has been updated to reflect the updated expiry date as
detailed below (effective date, 05 December 2023):

OLD LONG NAME:            UBS ABCPA 05Dec23
NEW LONG NAME:            UBS ABCPA 05Dec28

Updated Termsheet and Final Terms are available on the following website:
http://keyinvest-za.ubs.com. UBS Portfolio Notes are now due 05 December
2028.

For further information please contact:

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

Johannesburg
06 December 2023
Sponsor: UBS South Africa (Pty) Limited

Date: 06-12-2023 10:00:00
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