UBS AG - Final Initial Index Levels for the UBS Autocallable Note UBS009, linked to SPX, UKX, SX5E, and NKY Indices, due 2031

Final Initial Index Levels for the UBS Autocallable Note UBS009, linked to SPX, UKX, SX5E, and NKY Indices, due 2031

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

ALPHA CODE:       UBS009
ISIN:             ZAE000366159

Final Initial Index Levels for the UBS Autocallable Note linked to SPX, UKX,
SX5E, and NKY Indices, due 2031 – Series 28.

Further to the initial announcement dated 03 August 2026, Noteholders are
advised that the arithmetic averaging process in respect of the underlying
indices has been completed.

In accordance with the Terms and Conditions of the Notes, the Initial Level
of each Index was determined as the arithmetic average of the Index Closing
Levels on the four Pricing Dates set out below.

Index Closing Levels on the Pricing Dates:
             17 July    17 August 17 September     16 October Final Arithmetic
Index           2026         2026         2026           2026          Average
SPX         7,457.69     7,745.06     7,637.76       7,659.44         7,624.99
UKX        10,600.37    10,720.30    10,816.14      10,881.90        10,754.68
SX5E        6,230.87     6,530.45     6,322.90       6,204.23         6,322.11
NKY        64,141.12    69,220.25    64,136.25      65,324.29        65,705.48

Initial Index Levels:
Index              Initial Level
SPX                     7,624.99
UKX                    10,754.68
SX5E                    6,322.11
NKY                    65,705.48

The underlying indices are:

•   S&P 500 Index (Bloomberg ticker: SPX Index)
•   FTSE 100 Index (Bloomberg ticker: UKX Index)
•   EURO STOXX 50 Index (Bloomberg ticker: SX5E Index)
•   Nikkei 225 Index (Bloomberg ticker: NKY Index)


For further information kindly contact:

UBS KeyInvest South Africa
Tel.: +27 11 322 7129 / 7865
E-mail: keyinvestza@ubs.com
Web: http://keyinvest-za.ubs.com/products

Johannesburg
19 October 2026

Sponsor: UBS South Africa (Pty) Limited

Date: 19/10/2026 03:00:00
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.