Listing of UBS Long/Short Certificates on Naspers Limited (Long) and Prosus NV (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) Listing of UBS Long/Short Certificates on Naspers Limited (Long) and Prosus NV (Long) vs. Tencent Holdings Limited (Short) – Series 88-91. The JSE Limited has granted UBS AG approval for the listing of UBS Long/Short Certificates due 08 April 2021 referencing Naspers Limited (Long) and Prosus NV (Long) vs. Tencent Holdings Limited (Short). These listings are 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 Thursday, 19 March 2020. INSTRUMENT NUMBER: 90613 ALPHA CODE: UBNPNR ISIN: ZAE000285599 ISSUE SIZE (UNITS): 1,000,000 ISSUE PRICE (RAND/UNIT): 825.25 UNDERLYING EQUITIES: Naspers Limited Prosus NV Tencent Holdings Limited LISTING DATE: 19 March 2020 EXPIRY DATE: 08 April 2021 INSTRUMENT NUMBER: 90611 ALPHA CODE: UBNPNS ISIN: ZAE000285573 ISSUE SIZE (UNITS): 1,000,000 ISSUE PRICE (RAND/UNIT): 1,413.01 UNDERLYING EQUITIES: Naspers Limited Prosus NV Tencent Holdings Limited LISTING DATE: 19 March 2020 EXPIRY DATE: 08 April 2021 INSTRUMENT NUMBER: 90610 ALPHA CODE: UBNPNT ISIN: ZAE000285565 ISSUE SIZE (UNITS): 250,000 ISSUE PRICE (RAND/UNIT): 641.52 UNDERLYING EQUITIES: Naspers Limited Prosus NV Tencent Holdings Limited LISTING DATE: 19 March 2020 EXPIRY DATE: 08 April 2021 INSTRUMENT NUMBER: 90607 ALPHA CODE: UBNPNU ISIN: ZAE000285557 ISSUE SIZE (UNITS): 250,000 ISSUE PRICE (RAND/UNIT): 1,117.55 UNDERLYING EQUITIES: Naspers Limited Prosus NV Tencent Holdings Limited LISTING DATE: 19 March 2020 EXPIRY DATE: 08 April 2021 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 18 March 2020 Sponsor: UBS South Africa (Pty) Limited Date: 18-03-2020 03:30:00 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.