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, 15 March 2021. 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, 09 March 2021. 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 10 March 2021 by 11:00am South African time ISIN: ZAE000281168 Alpha Code: UBGPAA Autocall Last Day to Trade: Tuesday, 09 March 2021 Notes commence trading ex-payment: Wednesday, 10 March 2021 Record Date: Friday, 12 March 2021 Payment Date: Monday, 15 March 2021 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 23 February 2021 Sponsor: UBS South Africa (Pty) Limited Date: 23-02-2021 05:00:00 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.