UBS AG - Notification of Tap Issuance for UBS Autocallable linked to the NKY, SX5E, and SPX Indices

Notification of Tap Issuance for UBS Autocallable linked to the NKY, SX5E, and SPX Indices

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

Notification of Tap Issuance for UBS Autocallable linked to the NKY, SX5E,
and SPX Indices (the "Notes") – Series 1.

Noteholders are advised that the JSE has granted UBS AG approval for a Tap
Issuance for UBS Autocallable Notes linked to the Nikkei 225 Index (NKY),
EURO STOXX 50 Index (SX5E), Standard and Poor's 500 Index (SPX) due 26 March
2029.

For the Autocallable Notes linked to the Nikkei 225 Index, the EURO STOXX 50
Index and the Standard and Poor's 500 Index, approval has been granted for
an additional issue of 30,000 units (“Tranche 2”) to be consolidated and
form a single series with the existing issue of 100,000 units (“Tranche 1”)
Autocallable Notes linked to the Nikkei 225 Index, the EURO STOXX 50 Index
and the Standard and Poor's 500 Index for Series 1.

This listing (Series 1) is issued under the Information Memorandum of UBS
AG.

INSTRUMENT NUMBER:               107896
ALPHA CODE:                      UBGPAB
ISIN:                            ZAE000320479
TRANCHE 1 ISSUE SIZE (UNITS):    100,000
TRANCHE 2 ISSUE SIZE (UNITS):    30,000

TRANCHE 1 LISTING DATE:          05 April 2023
TRANCHE 2 LISTING DATE:          17 April 2023
EXPIRY DATE:                     26 March 2029

ISSUE PRICE (RAND):              1,000 per Note

UNDERLYING INDICES:              Nikkei 225 Index
                                 Bloomberg ticker: NKY Index
                                 EURO STOXX 50 Index
                                 Bloomberg ticker: SX5E Index
                                 S&P 500 Index
                                 Bloomberg ticker: SPX Index


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
14 April 2023

Sponsor: UBS South Africa (Pty) Limited

Date: 14-04-2023 03:30:00
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.