Notification of 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 Adjustment Event on UBS Long/Short Certificates on Naspers Limited (Long) vs Tencent Holdings Limited (Short)(series 99) and on Prosus NV(Long) vs Tencent Holdings Limited (Short) (series 100). Certificateholders of UBS Long/Short Certificates are hereby advised of an Adjustment Event following the announcement made on the 23 December 2021, that Tencent Holdings Limited (“Tencent”) declared a special dividend by way of a distribution in specie of Class A ordinary shares of JD.com Inc. Qualifying shareholders in Tencent will receive 1 ordinary share of JD.com for every 21 shares held, being rounded down to the nearest whole number of JD.com shares. Certificateholders of UBS Long/Short Certificate are hereby advised of this Adjustment Event that supersedes the Final Terms dated 06 September 2021. For Alpha code UBNPNA, ISIN ZAE000301958 (series 99), amendments are made to the issue price from ZAR 817.61 to ZAR 744.11, and the initial short reference share namely, Tencent Holdings Limited, now becomes Tencent Holdings Limited and JD.com Inc to form a short reference shares basket. For Alpha code UBNPNB, ISIN ZAE000301966 (series 100), amendments are made to the issue price from ZAR 808.79 to ZAR 770.78, and the initial short reference share namely, Tencent Holdings Limited, now becomes Tencent Holdings Limited and JD.com Inc to form a short reference shares basket. This listing is issued under the JSE Placement Document for the Issuance of South African Securities up to an authorised amount of ZAR 14 000 000 000. The Amended and Restated Final Terms will take effect from Thursday 20 January 2022. ALPHA CODE: UBNPNA ISIN: ZAE000301958 AMENDED ISSUE PRICE (RAND/UNIT): 744.11 UNDERLYING EQUITIES: Naspers Limited Tencent Holdings Limited JD.com Inc LISTING DATE: 06 September 2021 AMENDED & RESTATED DATE: 20 January 2022 EXPIRY DATE: 08 September 2022 ALPHA CODE: UBNPNB ISIN: ZAE000301966 AMENDED ISSUE PRICE (RAND/UNIT): 770.78 UNDERLYING EQUITIES: Prosus NV Tencent Holdings Limited JD.com Inc LISTING DATE: 06 September 2021 AMENDED & RESTATED DATE: 20 January 2022 EXPIRY DATE: 08 September 2022 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 19 January 2022 Sponsor: UBS South Africa (Pty) Limited Date: 19-01-2022 04:00:00 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.