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UBS AG - Potential coupon payment

Release Date: 24/11/2020 14:45
Code(s): UBGPAA     PDF:  
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Potential coupon payment

UBS AG, London Branch
(“UBS AG” or the “Company”)
(Incorporated and domiciled in Switzerland)
(Registration number: CHE-101.329.561)

UBS AG, as Issuers of the UBS Automatic Early Redeemable Note (Phoenix
Autocallable) linked to the FTSE 100 Index, EURO STOXX 50 Index and
Standard and Poor's 500 Index (the "Notes"), hereby notifies holders of a
potential coupon payment due on Monday, 14 December 2020.

Condition for coupon payment:     The UBS Automatic Early Redeemable Note
(Phoenix Autocallable) product offers a coupon payment if all Underlyings
close at or above the Coupon Barrier level as shown in the below table on
the Observation Date, Tuesday, 08 December 2020.

Underlyings and Levels:
Indexi       Initial Level   Contingent       Mandatory       Knock-In
                             Coupon Level     Early           Level
                                              Termination
                                              Level
FTSE 100     7,188.5000      5,750.8000       7,188.5000      4,313.1000
Index        (the Index      (80% of the      (100% of the    (60% of the
             Closing Level   Index Closing    Index Closing   Index Closing
             on the          Level on the     Level on the    Level on the
             Pricing Date)   Pricing Date)    Pricing Date)   Pricing Date)
EURO STOXX   3,660.0200      2,928.0160       3,660.0200      2,196.0120
50 Index     (the Index      (80% of the      (100% of the    (60% of the
             Closing Level   Index Closing    Index Closing   Index Closing
             on the          Level on the     Level on the    Level on the
             Pricing Date)   Pricing Date)    Pricing Date)   Pricing Date)
Standard     3,112.7600      2,490.2080       3,112.7600      1,867.6560
and Poor's   (the Index      (80% of the      (100% of the    (60% of the
500 Index    Closing Level   Index Closing    Index Closing   Index Closing
             on the          Level on the     Level on the    Level on the
             Pricing Date)   Pricing Date)    Pricing Date)   Pricing Date)


Important information should the conditions for the coupon payment be met:

Cash Settlement Amount:            To be announced on 09 December 2020
                                   by 11:00am South African time
ISIN:                              ZAE000281168
Alpha Code:                        UBGPAA
Autocall Last Day to Trade:        Tuesday, 08 December 2020
Notes commence trading ex-payment: Wednesday, 09 December 2020
Record Date:                       Friday, 11 December 2020
Payment Date:                      Monday, 14 December 2020
Autocall Termination Date:         Tuesday, 09 December 2025

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
24 November 2020

Sponsor: UBS South Africa (Pty) Limited

Date: 24-11-2020 02:45:00
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