Listing of UBS Certificates linked to the Absa Global Equity Multi-Factor Risk-Controlled (13%) ETN UBS AG, London Branch (“UBS AG” or the “Company”) (Incorporated and domiciled in Switzerland) (Registration number: CHE-101.329.561) Listing of UBS Certificates linked to the Absa Global Equity Multi-Factor Risk-Controlled (13%) ETN (the "Notes") – Series 3. The JSE Limited has granted UBS AG approval for the listing of the Absa Global Equity Multi-Factor Risk-Controlled (13%) ETN due 11 June 2024. This listing is issued under the JSE Placement Document for the Issuance of South African Securities up to an authorised amount of ZAR 14 000 000 000. Trading will commence on Monday, 10 June 2019. INSTRUMENT NUMBER: 84424 ALPHA CODE: ABSGEA ISIN: ZAE000272753 ISSUE SIZE (UNITS): 2,000,000 ISSUE PRICE (RAND/ UNIT): 100.00 REFERENCE INDEX: MSCI World Diversified Multi-Factor USD Net Total Return Index (Bloomberg code: M1WODMF Index) LISTING DATE: 10 June 2019 EXPIRY DATE: 11 June 2024 The ETN references the Absa Global Equity Multi-Factor Risk-Controlled (13%) Strategy ("Strategy"). The Strategy utilises a methodology that encompasses two modern approaches of investment and risk management, namely risk-premia investing and volatility targeting. The ETN provides an investor access to a pay-off that aims to: 1) reduce downside risk through a volatility target mechanism and 2) gain multi-factor (value, momentum, quality and size) global equity exposure via the reference 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 Absa Index & Structured Solutions Tel: +27 86 134 5223 Email: aiss@absa.co.za Website: www.absa.co.za/ss Johannesburg 07 June 2019 Sponsor: UBS South Africa (Pty) Limited Date: 07/06/2019 03:32:00 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.