UBS AG - Notification of Observation Date, and potential Early Termination for UBS Autocallable Note UBGPAF

Notification of Observation Date, and potential Early Termination for UBS Autocallable Note UBGPAF

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

ISIN:          ZAE000339164
Alpha code:    UBGPAF

Notification of Observation Date, and potential Early Termination with
Capital and Coupon payment for UBS Autocallable Note linked to the FTSE 100
Index, Swiss Market Index, the Russell 2000 Index, and the Nikkei 225 Index
due 2030 (the "Notes")

UBS AG, as Issuer of the UBS Autocallable Note, hereby notifies holders of
the upcoming Observation Date on Monday, 14 September 2026.

On Monday, 14 September 2026 (Early Termination Observation Date), the
conditions for early exercise will be observed.

An Early Termination Event occurs if, on the Early Termination Observation
Date, the Calculation Agent determines that each Index Closing Level listed
below is equal to or greater than its Mandatory Early Termination Level,
respectively.

If an Early Termination Event occurs on an Early Termination Observation
Date, the Note will be redeemed early. Each holder will receive the Early
Termination Amount equal to the Calculation Amount plus the Interest
Amount.

Should the above conditions be met, the Note will automatically exercise
and terminate. The Note would be suspended from trading effective,
Wednesday, 16 September 2026.

If the Conditions for Exercise are not met on the Observation Date, the
Note will stay active and listed, continuing to the next scheduled
Observation Date(s).

Underlyings and Levels (on Pricing Date):
 Index     Initial Level       Contingent Coupon           Mandatory Early
                                           Level         Termination Level
           Index Closing        85% of the Index         100% of the Index
                   Level           Closing Level             Closing Level
 RTY          2,103.8460              1,788.2691                2,103.8460
 UKX          8,193.9400              6,964.8490                8,193.9400
 NKY         35,619.7700             30,276.8045               35,619.7700
 SMI         11,922.9100             10,134.4735               11,922.9100

If the Conditions are met, the following salient terms will apply:

Rate of Interest:                              13.0000%
Interest Amount per note to be paid:           13000 cents
Capital Amount per note to be paid:            100000 cents

Update announcement published on SENS by 08:30: Tuesday, 15 September 2026
Last Day to Trade:                              Tuesday, 15 September 2026
Suspension Date:                                Wednesday, 16 September 2026
Record Date:                                    Friday, 18 September 2026
Payment Date:                                   Tuesday, 22 September 2026
Termination Date:                               Wednesday, 23 September 2026
For further information kindly contact:

UBS KeyInvest South Africa
Tel.: +27 11 322 7129 / 7000
E-mail: keyinvestza@ubs.com
Web: http://keyinvest-za.ubs.com/products

Johannesburg
31 August 2026

Sponsor: UBS South Africa (Pty) Limited

Date: 31/08/2026 10:00:00
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