Listing of UBS Actively Managed Notes linked to the SBT Global Flexible Portfolio UBS AG, London Branch (“UBS AG” or the “Company”) (Incorporated and domiciled in Switzerland) (Registration number: CHE-101.329.561) Listing of UBS Actively Managed Notes linked to the SBT Global Flexible Portfolio. The JSE Limited has granted UBS AG approval for the listing of UBS Portfolio Notes (the "Notes") linked to the SBT Global Flexible Portfolio (the "Reference Portfolio"). The Reference Portfolio, whose composition may vary from time to time, is actively managed by the Reference Portfolio Advisor and represents a notional investment in the Reference Portfolio Components as described in detail below. Background: Numoro (Pty) Ltd is a leading Cape Town based boutique asset manager providing investment solutions. More information about Numoro can be found at https://www.numoro.co.za/. Numoro is regulated by the Financial Services Conduct Authority with license number 52670. The AMC aims to deliver a systematic, data-driven investment strategy that combines fundamental analysis with value investing principles. This methodology aims to identify undervalued stocks with strong financial performance and potential for future growth. By employing a set of objective, quantitative criteria, the approach eliminates emotional biases from the investment process, ultimately enhancing decision-making. Investors obtain exposure to a global and local portfolio of high-quality, undervalued companies that are likely to deliver superior returns to investors over the long term, listed on the JSE. Investment universe: 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 SYNTHETIC CURRENCY USD, EUR, and GBP ACCOUNTS: 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: This listing (Series 24) is issued under the Information Memorandum of UBS AG. Trading will commence on Wednesday, 05 April 2023. INSTRUMENT NUMBER: 108062 ALPHA CODE: SBTGFP ISIN: ZAE000320818 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: 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 01:07:00 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.