Notification of Adjustment Event on UBS Long/Short Certificates on Naspers (Long) vs. Tencent Holdings (Short) UBS AG, London Branch (“UBS AG” or the “Company”) (Incorporated and domiciled in Switzerland) (Registration number: CHE-101.329.561) Notification of Adjustment Event on UBS Long/Short Certificates on Naspers Limited (Long) vs. Tencent Holdings Limited (Short) – Series 71 and 74 only. Certificateholders of UBS Long/Short Certificates on Naspers Limited (Long) vs. Tencent Holdings Limited (Short) are hereby advised of an Amendment Event that supersedes the Final Terms dated 15 March 2019. The purpose of this Amended and Restated Final Terms relating to Alpha Code UBNPNC (series 71) and UBNPNF (series 74) is to amend the Issue Price and the Cash Component. These listings are issued under the JSE Information Memorandum for the Issuance of South African Securities up to an authorised amount of ZAR 14 000 000 000. Effective date of adjustment: Tuesday, 10 March 2020 INSTRUMENT NUMBER: 83200 ALPHA CODE: UBNPNC ISIN: ZAE000270807 ISSUE PRICE (RAND / UNIT) 1887.39 UNDERLYING EQUITIES: Naspers Limited Prosus NV Tencent Holdings Limited LISTING DATE: 15 March 2019 AMENDED & RESTATED DATE: 10 March 2020 EXPIRY DATE: 09 April 2020 INSTRUMENT NUMBER: 83203 ALPHA CODE: UBNPNF ISIN: ZAE000270831 ISSUE PRICE (RAND / UNIT) 1370.24 UNDERLYING EQUITIES: Naspers Limited Prosus NV Tencent Holdings Limited LISTING DATE: 15 March 2019 AMENDED & RESTATED DATE: 10 March 2020 EXPIRY DATE: 09 April 2020 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 Johannesburg 09 March 2020 Sponsor: UBS South Africa (Pty) Limited Date: 09-03-2020 04:30:00 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.