UBS AG - Notification of Observation Date, and potential Early Termination with Capital and Coupon payment for UBS Autocallable Note UBGPAG

Notification of Observation Date, and potential Early Termination with Capital and Coupon payment for UBS Autocallable Note UBGPAG

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

ISIN:           ZAE000341103
Alpha code:     UBGPAG

Notification of Observation Date, and potential Early Termination with
Capital and Coupon payment for UBS Autocallable Note linked to the EURO
STOXX® Select Dividend 30 (Price) Index and the Hang Seng Index due 2030
(the ''Notes'')

UBS AG, as Issuer of the UBS Autocallable Note, hereby notifies holders of
the upcoming Observation Date on Monday, 09 November 2026.

On Monday, 09 November 2026 (Early Termination Observation Date), the
conditions for early exercise will be observed.

An Early Termination Event occurs if, on the Early Termination Observation
Date, the Calculation Agent determines that each Index Closing Level listed
below is equal to or greater than its Mandatory Early Termination Level,
respectively.

If an Early Termination Event occurs on an Early Termination Observation
Date, the Note will be redeemed early. Each holder will receive the Early
Termination Amount equal to the Calculation Amount plus the Interest
Amount.

Should the above conditions be met, the Note will automatically exercise
and terminate. The Note would be suspended from trading effective,
Wednesday, 11 November 2026.

If the Conditions for Exercise are not met on the Observation Date, the
Note will stay active and listed, continuing to the next scheduled
Observation Date(s).

Underlyings and Levels (on the Pricing Date):
 Index                                        Initial Index Closing Level
 SD3E Index                                                    1,626.8600
 HSI Index                                                    20,538.3800

If the Conditions are met, the following salient terms will apply:

Rate of Interest:                               24.80%
Interest Amount per note to be paid:            24800 cents
Capital Amount per note to be paid:             100000 cents

Update announcement published on SENS by 08:30: Tuesday, 10 November 2026
Last Day to Trade:                              Tuesday, 10 November 2026
Suspension Date:                                Wednesday, 11 November 2026
Record Date:                                    Friday, 13 November 2026
Payment Date:                                   Tuesday, 17 November 2026
Termination Date:                               Wednesday, 18 November 2026

For further information kindly contact:
UBS KeyInvest South Africa
Tel.: +27 11 322 7129 / 7000
E-mail: keyinvestza@ubs.com
Web: http://keyinvest-za.ubs.com/products
Johannesburg
26 October 2026

Sponsor: UBS South Africa (Pty) Limited

Date: 26/10/2026 10:00:00
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