UBS AG LONDON BRANCH - Listing of UBS Actively Managed Certificate linked to the SA Quality Core Portfolio

Listing of UBS Actively Managed Certificate linked to the SA Quality Core Portfolio

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

Listing of UBS Actively Managed Certificate linked to the SA Quality Core
Portfolio.

The JSE Limited has granted UBS AG approval for the listing of the UBS
Portfolio Note linked to the SA Quality Core Portfolio (the "Reference
Portfolio").

The Reference Portfolio, whose composition may vary from time to time, is
actively managed by the Reference Portfolio Advisor and represents a notional
investment in the Reference Portfolio Components as described in detail
below.

Background:

Portfolio Analytics Consulting (Pty) Limited ("Analytics Consulting")
provides industry leading local and offshore portfolio construction through
tailored investment process, local and offshore securities consulting,
research, analysis and due diligence.

More   information   about   Analytics   Consulting   can   be    found at
http://www.analyticsconsulting.co.za. Analytics Consulting is regulated by
the Financial Sector Conduct Authority with license number 18490.

The SA Quality Core Portfolio is tailored for investors with a high-risk
profile seeking substantial long-term growth. This portfolio leverages a
rigorous rules-based and quantitative process to construct a robust
collection of what we believe to be the highest-quality companies listed on
the JSE. We meticulously screen these companies, focusing on profitability,
balance sheet strength, earnings, and dividend growth to determine the
highest quality set of companies that compromise the local bourse.

Given the underlying composition of the index and it's overweight to certain
sectors, a sector-neutral stance is maintained to avoid sector biases while
minimising tracking error. This strategy allows our stock-picking acumen to
shine, aiming to outperform through selective excellence rather than sector
predictions.

The portfolio's performance is benchmarked against South African CPI + 6%,
ensuring alignment with significant growth targets. Ideal for investors with
a time horizon of 5 years or more, this portfolio is suited for those seeking
to harness the full potential of South African equities using a quality led
process.

Investment universe:

UNDERLYING STOCK UNIVERSE:     Shares listed on the Main Board of the
                               Johannesburg Stock Exchange may be
                               incorporated as Stock Constituents in the
                               Reference Portfolio.

UNDERLYING ETF UNIVERSE:       ETFs listed on the Main Board of the
                               Johannesburg Stock Exchange may be
                               incorporated as ETF Constituents in the
                               Reference Portfolio.
Other:

Noteholders should be aware that the Reference Portfolio Advisor is
independent of the Issuer. The performance of the Product is largely
dependent on the skill and decisions made by the Reference Portfolio Advisor.
Decisions made by the Reference Portfolio Advisor may not always be
profitable and therefore may have a material adverse impact on the value of
this Product. Moreover, past performance of other products managed by the
Reference Portfolio Advisor does not guarantee future positive performance
of this Product.

Listing information:

This listing (Series 42) is issued under the Information Memorandum of UBS
AG. Trading will commence on Wednesday, 20 November 2024.

INSTRUMENT NUMBER:          118428
ALPHA CODE:                 SAQUAL
ISIN:                       ZAE000341038
ISSUE SIZE (UNITS):         1,000,000
ISSUE PRICE (RAND/UNIT):    100.00

LISTING DATE:               20 November 2024
EXPIRY DATE:                18 November 2031

SECTOR:                     Specialist Securities
SUB-SECTOR:                 Actively Managed Certificates

FOREIGN STATUS:             The Notes are classified as Domestic for purposes
                            of the South African Reserve Bank Exchange
                            Control Regulations.

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/AMC

Johannesburg
19 November 2024

Sponsor: UBS South Africa (Pty) Limited

Date: 19-11-2024 02:30:00
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