Expiry of UBS Certificates linked to the South Africa Election Basket A – Series 1 and Basket B - Series 2 UBS AG, London Branch (“UBS AG” or the “Company”) (Incorporated and domiciled in Switzerland) (Registration number: CH-101.329.561) Share code: UELECA ISIN: ZAE000272530 Series: 1 Share code: UELECB ISIN: ZAE000272548 Series: 2 Expiry of UBS Certificates linked to the South Africa Election Basket A Portfolio – Series 1 and South Africa Election Basket B Portfolio – Series 2. The UBS Certificates were issued under the Structured Note Programme of UBS AG (the "Programme") in conjunction with the Terms and Conditions of the Certificates set forth in the Information Memorandum that was dated 10 December 2013 and as supplemented by the JSE Placement Document dated 08 February 2016. UBS AG has now consolidated its JSE Placement Document dated 8 February 2016 (JSE Placement Document) and its information memorandum dated 10 December 2013 (the 2013 Information Memorandum) into a single document dated 16 September 2019. Investors are herewith advised of the expiry of the below instruments effective 01 November 2019. INSTRUMENT NUMBER: 84302 ALPHA CODE: UELECA ISIN: ZAE000272530 INSTRUMENT NUMBER: 84303 ALPHA CODE: UELECB ISIN: ZAE000272548 For further information kindly contact: UBS KeyInvest South Africa Tel.: +27 11 322 7129 / 7317 E-mail: email@example.com Web: http://keyinvest-za.ubs.com/products Johannesburg 31 October 2019 Sponsor: UBS South Africa (Pty) Limited Date: 31/10/2019 10:25:00 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.