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

Final Redemption and Automatic Early Termination for Reitway Active Global Property Note

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

Share code: REITAN     ISIN: ZAE000316485     Series 20

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 will be converted to
cash in its entirety as of Wednesday, 10 May 2023.

1. Salient dates for the Automatic Early Termination

Last day to trade                                   Wednesday, 10 May 2023

Suspension date                                      Thursday, 11 May 2023

Final Redemption Amount and                          Thursday, 11 May 2023
announcement of amount by 11:00

Record date                                               Monday, 15 May 2023

Payment Date                                              Monday, 22 May 2023

Automatic Early Termination Date                       Tuesday, 23 May 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 indicative Reference Portfolio Value (“RPV”) as at date of this
announcement is ZAR 101.1805 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
10 May 2023

Sponsor: UBS South Africa (Pty) Limited

Date: 10-05-2023 03:03:00
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