Notification of Adjustment Event on UBS Long/Short Certificate UBS AG, London Branch (“UBS AG” or the “Company”) (Incorporated and domiciled in Switzerland) (Registration number: CHE-101.329.561) Notification of Adjustment Event on UBS Long/Short Certificate on Naspers Limited (Long) vs. Prosus NV (Short) – Series 89 and 91. Certificateholders of UBS Long/Short Certificates are hereby advised of an Amendment Event that supersedes the Final Terms dated 19 March 2020. The purpose of this Amended and Restated Final Terms relating to Alpha Code UBNPNS (series 89) is to amend the Issue Price from 1,949.10 to 1,481.94 and the Cash Component from 1,598.70 to 1,131.54. The purpose of this Amended and Restated Final Terms relating to Alpha Code UBNPNU (series 91) is to amend the Issue Price from 2,601.31 to 1,992.93 and the Cash Component from 2,220.70 to 1,612.32. This listing is issued under the JSE Information Memorandum for the Issuance of South African Securities up to an authorised amount of ZAR 14 000 000 000. Effective date of the adjustment: Wednesday, 27 January 2021. INSTRUMENT NUMBER: 90611 ALPHA CODE: UBNPNS ISIN: ZAE000285573 ISSUE SIZE (UNITS): 1,000,000 AMENDED ISSUE PRICE (RAND/UNIT): 1,481.94 UNDERLYING EQUITIES: Naspers Limited Tencent Holdings Limited LISTING DATE: 19 March 2020 AMENDED & RESTATED DATE: 27 January 2021 EXPIRY DATE: 08 April 2021 INSTRUMENT NUMBER: 90607 ALPHA CODE: UBNPNU ISIN: ZAE000285557 ISSUE SIZE (UNITS): 250,000 AMENDED ISSUE PRICE (RAND/UNIT): 1,992.93 UNDERLYING EQUITIES: Naspers Limited Prosus NV Tencent Holdings Limited LISTING DATE: 19 March 2020 AMENDED & RESTATED DATE: 27 January 2021 EXPIRY DATE: 08 April 2021 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 26 January 2021 Sponsor: UBS South Africa (Pty) Limited Date: 26-01-2021 04:05:00 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.