Expiry of UBS Long/Short Certificates on Naspers Limited (Long) vs. Tencent Holdings Limited (Short) UBS AG London Branch (“UBS AG” or the “Company”) (Incorporated and domiciled in Switzerland) (Registration number: CH-101.329.561) Share code: UBNPNC ISIN: ZAE000270807 Series: 71 Share code: UBNPND ISIN: ZAE000270815 Series: 72 Share code: UBNPNE ISIN: ZAE000270823 Series: 73 Share code: UBNPNF ISIN: ZAE000270831 Series: 74 Share code: UBNPNG ISIN: ZAE000270849 Series: 75 Expiry of UBS Long/Short Certificates on Naspers Limited (Long) vs. Tencent Holdings Limited (Short) – Series 71, 72, 73, 74 and 75. 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 expiry of the below instruments, effective Thursday, 09 April 2020, with the instruments being suspended effective Tuesday, 14 April, and delisting from the Johannesburg Stock Exchange effective Friday, 17 April 2020. INSTRUMENT NUMBER: 83200 ALPHA CODE: UBNPNC ISIN: ZAE000270807 INSTRUMENT NUMBER: 83201 ALPHA CODE: UBNPND ISIN: ZAE000270815 INSTRUMENT NUMBER: 83202 ALPHA CODE: UBNPNE ISIN: ZAE000270823 INSTRUMENT NUMBER: 83203 ALPHA CODE: UBNPNF ISIN: ZAE000270831 INSTRUMENT NUMBER: 83204 ALPHA CODE: UBNPNG ISIN: ZAE000270849 All of the above instruments are expiring out of the money. 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 06 April 2020 Sponsor: UBS South Africa (Pty) Limited Date: 06-04-2020 12:14:00 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.