UBS AG - Notification to Noteholder following Observation Date outcome on 01 June 2026 for UBS004

Notification to Noteholder following Observation Date outcome on 01 June 2026 for UBS004

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

ISIN:           ZAE000336038
Alpha code:     UBS004

Notification to Noteholder following Observation Date outcome on 01 June
2026 for UBS Autocallable Note UBS004

Further to the announcement published on Monday, 18 May 2026, UBS AG, as
Issuer of the abovementioned Note, hereby notifies noteholders that the
conditions for early exercise have been met.

On Monday, 01 June 2026 (the Early Termination Observation Date), UBS AG
confirms that the Index Closing Level of each underlying was above its
Mandatory Early Termination Level. Accordingly, an Early Termination Event
occurred, and the Note will be redeemed early.

Each holder will receive the Early Termination Amount, which is equal to
the Calculation Amount plus the Coupon Amount. The Note will be suspended
from trading with effect from Wednesday, 03 June 2026.

Underlyings and Levels (on the Pricing Date):
 Index         Initial       Contingent   Mandatory Early      Knock-In Level
                 Level     Coupon Level       Termination
                                                    Level
         Index Closing       85% of the       100% of the         65% of the
                 Level    Index Closing     Index Closing      Index Closing
                                  Level             Level              Level
 SPX          5,277.51         4,485.88          5,277.51           3,430.38
 NKY         38,487.90        32,714.72         38,487.90          25,017.14
 SX5E         4,983.67         4,236.12          4,983.67           3,239.39

Underlyings and Levels (on Observation Date – 01 June 2026):
 Index                                    Closing Level on Observation Date
                                                        Index Closing Level
 SPX                                                               7,599.96
 NKY                                                              66,934.33
 SX5E                                                              6,034.95

Settlement will take place electronically in terms of JSE Rules.

Important information relating to the payment is as follows:

Rate of Coupon:                                  6.25%
Coupon Amount:                                   6250 cents
Capital Amount per note:                         100000 cents

Last Day to Trade:                               Tuesday, 02 June 2026
Ex Date:                                         Wednesday, 03 June 2026
Record Date:                                     Friday, 05 June 2026
Payment Date:                                    Tuesday, 09 June 2026
Termination Date:                                Wednesday, 10 June 2026

For further information kindly contact:
UBS KeyInvest South Africa
Tel.: +27 11 322 7129 / 7000
E-mail: keyinvestza@ubs.com
Web: http://keyinvest-za.ubs.com/products

Johannesburg
02 June 2026

Sponsor: UBS South Africa (Pty) Limited

Date: 02-06-2026 08:00:00
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.