UBS AG LONDON BRANCH - Final Redemption (partial) and the extension of the Expiration Date for Absa re Efficient Portfolio 1 Portfolio

Final Redemption (partial) and the extension of the Expiration Date for Absa re Efficient Portfolio 1 Portfolio

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 for
UBS Actively Managed Certificates ("AMCs") issued on 26 February 2018
(Series 1)

ALPHA CODE:           UEFPCA
ISIN:                 ZAE000255477
Reference Portfolio   UBS Portfolio Notes Linked to the Absa re Efficient
                      Portfolio 1 Portfolio

1. Final Redemption Amount

Noteholders of the UBS Portfolio Notes issued on 26 February 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 Friday 10 February 2023
(end of day close) is ZAR 176.61 (ZAc 17,661) per note. This is equivalent
to the Final Redemption Amount per note.

Number of redeem elections                                           72,397

Final Reference Portfolio Value (“RPV”)    ZAR 176.61 (ZAc 17,661) per note

Total Redemption Amount                                   ZAR 12,786,034.17

Payment Date of the Redemption Amount           Wednesday, 15 February 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 15 February 2028. Updated Termsheet 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
13 February 2023

Sponsor: UBS South Africa (Pty) Limited

Date: 13-02-2023 04:30:00
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