Final Redemption (partial) and the extension of the Expiration Date for Old Mutual Wealth Global Equity Portfolio 1

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

Final Redemption (partial) and the extension of the Expiration Date of UBS
Actively Managed Certificate ("AMC") issued on 19 October 2018 (Series 6)

ALPHA CODE:               UOMWPA
ISIN:                     ZAE000263919
Reference Portfolio:      Old Mutual Wealth Global Equity Portfolio 1

1. Final Redemption Amount

Noteholders of the abovementioned AMC issued on 19 October 2018
("Noteholders") who elected to redeem their holdings, are entitled to receive
on Payment Date an amount in the Settlement Currency, as calculated by the
Calculation Agent, according to the Terms and Conditions outlined in the
Final Terms.

The Final Reference Portfolio Value ("RPV") as at 17 October 2023 (end of
day close) is ZAR 198.86 (ZAc 19886) per AMC note. This is equivalent to the
Final Redemption Amount per AMC note.

Number of redeem elections                                            3,815

Final Reference Portfolio Value ("RPV")          ZAR 198.86 (ZAc 19886) per
                                                                   AMC note

Total Redemption Amount                                      ZAR 758,650.90

Payment Date of the Redemption Amount               Monday, 23 October 2023

2.    Extension of the Expiration Date

Noteholders for the abovementioned AMC are hereby advised that UBS AG has
extended the expiry date for an additional 5-year period. UBS Portfolio
Notes are now due 17 October 2028. Updated Termsheet and Final Terms are
available on the following website: http://keyinvest-za.ubs.com.

For further information please contact:

UBS KeyInvest South Africa
Tel.: +27 11 322 7129 / 7317
E-mail: keyinvestza@ubs.com
Web: http://keyinvest-za.ubs.com

Johannesburg
18 October 2023

Sponsor: UBS South Africa (Pty) Limited
Date: 18-10-2023 09:30:00
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