Delisting of UBS Certificates UBS AG, London Branch (“UBS AG” or the “Company”) (Incorporated and domiciled in Switzerland) (Registration number: CHE-101.329.561) Share code: UBSOLA ISIN: ZAE000263935 Series 1 Share code: USNLMA ISIN: ZAE000266656 Series 9 Share code: UBNPNH ISIN: ZAE000277513 Series 76 Share code: UBNPNI ISIN: ZAE000277406 Series 77 Share code: UBNPNJ ISIN: ZAE000277414 Series 78 Share code: UBNPNK ISIN: ZAE000277422 Series 79 Share code: UBNPNL ISIN: ZAE000277430 Series 80 Share code: UBNPNM ISIN: ZAE000277448 Series 81 Share code: UBNPNN ISIN: ZAE000277455 Series 82 Share code: UBNPNO ISIN: ZAE000277463 Series 83 Share code: UBNPNP ISIN: ZAE000277471 Series 84 Share code: UBNPNQ ISIN: ZAE000277521 Series 85 Share code: UBEXXA ISIN: ZAE000277497 Series 86 Delisting of the above products (collectively, the "UBS Certificates") in the “Investment Products” sector of the Main Board. 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 dated 16 September 2019 relating to the Programme which may be supplemented from time to time for the Issuance of South African Securities up to an authorised amount of ZAR 14 000 000 000. Investors are herewith advised of the delisting of the below instruments effective Tuesday 31 March 2020, with the instruments being suspended from the Johannsburg Stock Exchange effective Thursday 26 March 2020. INSTRUMENT NUMBER: 80334 ALPHA CODE: UBSOLA ISIN: ZAE000263935 INSTRUMENT NUMBER: 81461 ALPHA CODE: USNLMA ISIN: ZAE000266656 INSTRUMENT NUMBER: 86802 ALPHA CODE: UBNPNH ISIN: ZAE000277513 INSTRUMENT NUMBER: 86781 ALPHA CODE: UBNPNI ISIN: ZAE000277406 INSTRUMENT NUMBER: 86782 ALPHA CODE: UBNPNJ ISIN: ZAE000277414 INSTRUMENT NUMBER: 86783 ALPHA CODE: UBNPNK ISIN: ZAE000277422 INSTRUMENT NUMBER: 86784 ALPHA CODE: UBNPNL ISIN: ZAE000277430 INSTRUMENT NUMBER: 86785 ALPHA CODE: UBNPNM ISIN: ZAE000277448 INSTRUMENT NUMBER: 86788 ALPHA CODE: UBNPNN ISIN: ZAE000277455 INSTRUMENT NUMBER: 86789 ALPHA CODE: UBNPNO ISIN: ZAE000277463 INSTRUMENT NUMBER: 86790 ALPHA CODE: UBNPNP ISIN: ZAE000277471 INSTRUMENT NUMBER: 86804 ALPHA CODE: UBNPNQ ISIN: ZAE000277521 INSTRUMENT NUMBER: 86794 ALPHA CODE: UBEXXA ISIN: ZAE000277497 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/ Johannesburg 25 March 2020 Sponsor: UBS South Africa (Pty) Limited Date: 25-03-2020 04:12:00 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.