Notification of Potential Adjustment Event on UBS Long/Short Certificates UBS AG, London Branch (“UBS AG” or the “Company”) (Incorporated and domiciled in Switzerland) (Registration number: CHE-101.329.561) Notification of Potential Adjustment Event on UBS Long/Short Certificates on Naspers Limited (Long) and Prosus NV (Long) vs Tencent Holdings Limited (Short) and on Naspers Limited (Long) vs Prosus NV (Short). Certificateholders of UBS Long/Short Certificates are hereby advised of a Potential Adjustment Event that may have a diluting or concentrative effect on the theoretical value of the relevant Shares. On 12 May 2021, Prosus NV (“Prosus”) announced its intention to implement a voluntary share exchange offer to Naspers Limited (“Naspers”) shareholders. Naspers’ shareholders are being offered 2.27443 newly issued Prosus shares for every Naspers share held, conditional on a minimum acceptance rate of 45.33%, and subject to pro-ration in the event the Exchange Offer is over- subscribed. This transaction was approved by Prosus shareholders at an EGM on Friday 09 July 2021. The Exchange Offer is completely voluntary and is made on a pro rata basis where Naspers’ shareholders can tender up to 100% of their existing holdings. Prosus will acquire no more than 197,408,377 Naspers shares and will issue up to 448,991,535 new Prosus shares to the shareholders that will participate in the Exchange Offer. More information is available here: https://www.share-exchange-offer.com/ Key dates in the timeline: The Exchange Offer opens for Monday, 12 July 2021 acceptance Last day to trade in Naspers N Ordinary Shares in order to be able Tuesday, 10 August 2021 to participate in the Exchange Offer Naspers N Ordinary Shares trade "ex" entitlement to participate in the Wednesday, 11 August 2021 Exchange Offer Exchange Offer closes 12:00 on Friday, 13 August 2021 Record Date and Time 17:00 on Friday, 13 August 2021 Issue and listing of new Prosus Ordinary Shares N and Settlement of Monday, 16 August 2021 the Exchange Offer In accordance with the Exchange Offer and listing of new Prosus shares, the Long Reference Share, the Redemption Amount in respect of a Valuation Date, and/or the initial cash component (C0) is expected to change. Details on the adjustments to the Certificates including effective dates of the adjustments will be communicated in due course. The Potential Adjustment Event may affect the following certificates: INSTRUMENT NUMBER: 93403 ALPHA CODE: UBNPNW ISIN: ZAE000290177 INSTRUMENT NUMBER: 96081 ALPHA CODE: UBNPNX ISIN: ZAE000297313 The Calculation Agent will determine the effect of the Potential Adjustment Event and make the corresponding adjustments as determined appropriate to account for this event. This will be communicated directly to Certificateholders. The adjustment may have an effect on the value of the certificate. 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 10 August 2021 Sponsor: UBS South Africa (Pty) Limited Date: 10-08-2021 04:30:00 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.