UBS AG LONDON BRANCH - Final Redemption (partial) and the extension of the Expiration Date for Absa re Momentum International (Series 3)

Final Redemption (partial) and the extension of the Expiration Date for Absa re Momentum International (Series 3)

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

Final Redemption (partial) and the extension of the Expiration Date of UBS
Actively Managed Certificate ("AMC") issued on 22 August 2018 (Series 3)

ALPHA CODE:                   UMMIEB
ISIN:                         ZAE000261400
Reference Portfolio           Momentum International Equity Portfolio 2

1. Final Redemption Amount

Noteholders of the abovementioned note issued on 22 August 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
Terms.

The Final Reference Portfolio Value (“RPV”) as at 22 August 2023 (end of day
close) is ZAR 133.15 (ZAc 13315) per note. This is equivalent to the Final
Redemption Amount per note.

Number of redeem elections                                              500

Final Reference Portfolio Value (“RPV”)     ZAR 133.15 (ZAc 13315) per note

Total Redemption Amount                                       ZAR 66,575.00

Payment Date of the Redemption Amount                Monday, 28 August 2023

2.    Extension of the Expiration Date

Noteholders for the abovementioned note are hereby advised that UBS AG has
extended the expiry date for an additional 5 year period. UBS Portfolio
Notes are now due 22 August 2028. Updated Termsheets and Final Terms are
available on the following website: http://keyinvest-za.ubs.com.

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
23 August 2023

Sponsor: UBS South Africa (Pty) Limited

Date: 23-08-2023 09:30:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.