Listing of UBS Actively Managed Certificates linked to the SAAM Global Growth and SAAM Local Growth Portfolio UBS AG, London Branch (“UBS AG” or the “Company”) (Incorporated and domiciled in Switzerland) (Registration number: CHE-101.329.561) Listings of UBS Actively Managed Certificates linked to the SAAM Global Growth Portfolio and the SAAM Local Growth Portfolio. The JSE Limited has granted UBS AG approval for the listings of UBS Portfolio Notes (the "Notes") linked to the SAAM Global Growth Portfolio and linked to the SAAM Local Growth Portfolio (the "Reference Portfolios"). The Reference Portfolios, whose composition may vary from time to time, are actively managed by the Reference Portfolio Advisor and represent a notional investment in the Reference Portfolio Components as described in detail below. Background: Johannesburg Security and Portfolio Management Company (Pty) Ltd trading as SA Asset Management is a leading Pretoria based asset management company that focuses on the active management of client assets in a range of local and global funds and strategies. More information about SA Asset Management can be found at https://www.saassetmanagement.co.za/. SA Asset Management is regulated by the Financial Services Conduct Authority with license number 589. The respective strategies of the Notes aim to deliver real returns to investors by investing in focused portfolios of high conviction quality growth stocks. This gives investors access to both a global and local portfolio listed on the JSE. Investment universe for both strategies: UNDERLYING STOCK UNIVERSE: Developed Market (as defined in the most recent MSCI Global Investable Market Indexes Methodology) worldwide stocks and shares listed on the Main Board of the Johannesburg Stock Exchange. UNDERLYING INDEX UNIVERSE: Total Return Index Constituents include indices that are exposed to Developed Market (as defined in the most recent MSCI Global Investable Market Indexes Methodology) worldwide stocks. UNDERLYING ETF UNIVERSE: ETFs that are physically replicated, exposed to Developed Market (as defined in the most recent MSCI Global Investable Market Indexes Methodology) worldwide stocks or benchmark indices as well as ETFs listed on the Main Board of the Johannesburg Stock Exchange may be incorporated as ETF Constituents. UNDERLYING FX CONSTITUENTS: Only FX Forwards exposed to G10 currencies and ZAR may be incorporated as FX Constituents in the Reference Portfolio. Other: Noteholders should be aware that the Reference Portfolio Advisor is independent of the Issuer. The performance of the Notes is largely dependent on the skill and decisions made by the Reference Portfolio Advisor. Decisions made by the Reference Portfolio Advisor may not always be profitable and therefore may have a material adverse impact on the value of these Notes. Moreover, past performance of other products managed by the Reference Portfolio Advisor does not guarantee future positive performance of these Notes. Listing information: These listings (Series 22 and Series 23) are issued under the Information Memorandum of UBS AG. Trading will commence on Wednesday, 05 April 2023. INSTRUMENT NUMBER: 108068 ALPHA CODE: SAAGG ISIN: ZAE000320842 ISSUE SIZE (UNITS): 1,000,000 ISSUE PRICE (RAND/UNIT): 100.00 INSTRUMENT NUMBER: 108070 ALPHA CODE: SAALG ISIN: ZAE000320859 ISSUE SIZE (UNITS): 1,000,000 ISSUE PRICE (RAND/UNIT): 100.00 LISTING DATE: 05 April 2023 EXPIRY DATE: 04 April 2028 SECTOR: Specialist Securities SUB-SECTOR: Actively Managed Certificates FOREIGN STATUS: Both Notes are classified as Foreign for purposes of the South African Reserve Bank Exchange Control Regulations. 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/AMC Johannesburg 04 April 2023 Sponsor: UBS South Africa (Pty) Limited Date: 04-04-2023 01:06:00 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.