UBS AG - Notification of Observation Date, and potential Early Termination for UBS Autocallable Note UBS005

Notification of Observation Date, and potential Early Termination for UBS Autocallable Note UBS005

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

ISIN:           ZAE000351383
Alpha code:     UBS005

Notification of Observation Date, and potential Early Termination with
Capital and Coupon payment for UBS Autocallable Note linked to the S&P 500
Index, FTSE 100 Index, EURO STOXX 50 Index and the Nikkei 225 Index, due
2030 (the "Notes")

UBS AG, as Issuer of the UBS Autocallable Note, hereby notifies holders of
the upcoming Observation Date on Monday, 03 August 2026.

On Monday, 03 August 2026 (Early Termination Observation Date), the
conditions for early exercise will be observed.

An Early Termination Event occurs if, on the Early Termination Observation
Date, the Calculation Agent determines that each Index Closing Level listed
below is equal to or greater than its Mandatory Early Termination Level,
respectively.

If an Early Termination Event occurs on an Early Termination Observation
Date, the Note will be redeemed early. Each holder will receive the Early
Termination Amount equal to the Calculation Amount plus the Coupon Amount.

Should the above conditions be met, the Note will automatically exercise
and terminate. The Note would be suspended from trading effective,
Wednesday, 05 August 2026.

If the Conditions for Exercise are not met on the Observation Date, the
Note will stay active and listed, continuing to the next scheduled
Observation Date(s).

Underlyings and Levels (on the Pricing Date):
 Index         Initial       Contingent   Mandatory Early   Knock-In Level
                 Level     Coupon Level       Termination
                                                    Level
         Index Closing      100% of the       100% of the       60% of the
                 Level    Index Closing     Index Closing    Index Closing
                                  Level             Level            Level
 SPX          6,329.94         6,329.94          6,329.94         3,797.96
 UKX          9,128.30         9,128.30          9,128.30         5,476.98
 SX5E         5,242.32         5,242.32          5,242.32         3,145.39
 NKY         40,290.70        40,290.70         40,290.70        24,174.42

If the Condition are met, the following salient terms will apply:

Rate of Coupon:                                   17.35%
Coupon Amount:                                    17350 cents
Capital Amount per note:                          100000 cents

Update announcement published on SENS by 08:30:   Tuesday, 04 August 2026
Last Day to Trade:                                Tuesday, 04 August 2026
Suspension Date:                                  Wednesday, 05 August 2026
Record Date:                                      Friday, 07 August 2026
Payment Date:                                     Wednesday, 12 August 2026
Termination Date:                                 Thursday, 13 August 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
20 July 2026

Sponsor: UBS South Africa (Pty) Limited
Date: 20-07-2026 12:00:00
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