<SEC-DOCUMENT>0001610520-21-000050.txt : 20210427
<SEC-HEADER>0001610520-21-000050.hdr.sgml : 20210427
<ACCEPTANCE-DATETIME>20210427072801
ACCESSION NUMBER:		0001610520-21-000050
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20210331
FILED AS OF DATE:		20210427
DATE AS OF CHANGE:		20210427

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			UBS Group AG
		CENTRAL INDEX KEY:			0001610520
		STANDARD INDUSTRIAL CLASSIFICATION:	NATIONAL COMMERCIAL BANKS [6021]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			V8
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36764
		FILM NUMBER:		21855864

	BUSINESS ADDRESS:	
		STREET 1:		BAHNHOFSTRASSE 45
		CITY:			ZURICH
		STATE:			V8
		ZIP:			CH-8001
		BUSINESS PHONE:		41-44-234-1111

	MAIL ADDRESS:	
		STREET 1:		BAHNHOFSTRASSE 45
		CITY:			ZURICH
		STATE:			V8
		ZIP:			CH-8001

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			UBS AG
		CENTRAL INDEX KEY:			0001114446
		STANDARD INDUSTRIAL CLASSIFICATION:	NATIONAL COMMERCIAL BANKS [6021]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			V8
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-15060
		FILM NUMBER:		21855865

	BUSINESS ADDRESS:	
		STREET 1:		BAHNHOFSTRASSE 45
		STREET 2:		P O BOX CH 8001
		CITY:			ZURICH
		STATE:			V8
		ZIP:			CH 8001
		BUSINESS PHONE:		203-719-5241

	MAIL ADDRESS:	
		STREET 1:		600 WASHINGTON BLVD.
		CITY:			STAMFORD
		STATE:			CT
		ZIP:			06901
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>EDGARq21ubsgroupag.htm
<TEXT>
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<p align=center style="margin:0mm;text-align:center;"><b><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:16.0pt;layout-grid-mode:char;">UNITED
STATES</font></b></p>

<p align=center style="margin:0mm;text-align:center;"><b><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:16.0pt;layout-grid-mode:char;">SECURITIES
AND EXCHANGE COMMISSION</font></b></p>

<p align=center style="margin:0mm;text-align:center;"><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:char;">Washington,
 D.C. 20549</font></p>

<p align=center style="margin:0mm;text-align:center;"><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:char;">_________________</font></p>

<p style="margin:0mm;"><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:char;">&nbsp;</font></p>

<p align=center style="margin:0mm;text-align:center;"><b><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:22.0pt;layout-grid-mode:char;">FORM
6-K</font></b></p>

<p style="margin:0mm;"><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:char;">&nbsp;</font></p>

<p align=center style="margin:0mm;text-align:center;"><b><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:13.0pt;layout-grid-mode:char;">REPORT
OF FOREIGN PRIVATE ISSUER</font></b></p>

<p style="margin:0mm;"><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:char;">&nbsp;</font></p>

<p align=center style="margin:0mm;text-align:center;"><b><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:13.0pt;layout-grid-mode:char;">PURSUANT
TO RULE 13a-16 OR 15d-16 UNDER</font></b></p>

<p align=center style="margin:0mm;text-align:center;"><b><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:13.0pt;layout-grid-mode:char;">THE
SECURITIES EXCHANGE ACT OF 1934</font></b></p>

<p style="margin:0mm;"><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:char;">&nbsp;</font></p>

<p align=center style="margin:0mm;text-align:center;"><b><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:char;">Date:
April 27, 2021</font></b></p>

<p style="margin:0mm;"><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:char;">&nbsp;</font></p>

<p align=center style="margin:0mm;text-align:center;"><b><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:16.5pt;layout-grid-mode:char;">UBS
Group AG</font></b></p>

<p align=center style="margin:0mm;text-align:center;"><b><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:char;">Commission
File Number: 1-36764</font></b></p>

<p style="margin:0mm;"><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:char;">&nbsp;</font></p>

<p align=center style="margin:0mm;text-align:center;"><b><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:16.5pt;layout-grid-mode:char;">UBS
AG</font></b></p>

<p align=center style="margin:0mm;text-align:center;"><b><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:char;">Commission
File Number: 1-15060</font></b></p>

<p style="margin:0mm;"><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:char;">&nbsp;</font></p>

<p style="margin:0mm;"><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:char;">&nbsp;</font></p>

<p align=center style="margin:0mm;text-align:center;"><font color=windowtext face="Times New Roman,serif" lang=DE-CH style="font-size:10.0pt;layout-grid-mode:char;">(Registrants' Name)</font></p>

<p style="margin:0mm;"><font color=windowtext face="Times New Roman,serif" lang=DE-CH style="font-size:11.0pt;layout-grid-mode:char;">&nbsp;</font></p>

<p align=center style="margin:0mm;text-align:center;"><font color=windowtext face="Times New Roman,serif" lang=DE-CH style="font-size:11.0pt;layout-grid-mode:char;">Bahnhofstrasse 45, Zurich, Switzerland</font></p>

<p align=center style="margin:0mm;text-align:center;"><font color=windowtext face="Times New Roman,serif" lang=DE-CH style="font-size:11.0pt;layout-grid-mode:char;">Aeschenvorstadt 1, Basel, Switzerland</font></p>

<p align=center style="margin:0mm;text-align:center;"><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:char;">(Address
of principal executive offices)</font></p>

<p style="margin:0mm;"><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:char;">&nbsp;</font></p>

<p align=center style="margin:0mm;text-align:center;"><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:char;">Indicate
by check mark whether the registrants file or will file annual reports under
cover of Form 20&#8209;F or Form 40-F.</font></p>

<p style="margin:0mm;"><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:char;">&nbsp;</font></p>

<div style="border:solid white 1.0pt;border-bottom:double black 2.25pt;padding:0mm 0mm 0mm 0mm;">

<p align=center style="border:none;margin:0mm;padding:0mm;text-align:center;"><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:char;">Form 20-F&#160; </font><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:22.0pt;layout-grid-mode:char;">x&nbsp;</font><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:char;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Form 40-F&#160; </font><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:22.0pt;layout-grid-mode:char;">o&nbsp;</font></p>

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<p style="margin:0mm;"><font color=windowtext face=TimesNewRomanPSMT lang=EN-US style="font-size:11.0pt;">This
Form 6-K consists of the First Quarter 2021 Report of UBS Group AG and an
additional risk</font></p>

<p style="margin:0mm;text-align:justify;"><font color=windowtext face=TimesNewRomanPSMT lang=EN-US style="font-size:11.0pt;layout-grid-mode:char;">factor
disclosure, which appears immediately following this page.</font></p>




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<p style="margin:0mm;text-align:justify;"><b><font face=Frutiger45LightBold,sans-serif lang=EN-US style="font-size:10.0pt;line-height:11.5pt;">First Quarter 2021 Report</font></b></p>









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<p style="margin:0mm;text-align:justify;"><img height=40 id="ubs_logo" src="edgarq21ubsgroupagx3x0.jpg" width=110><a name="RG_MARKER_137572"></a><a name="RG_MARKER_137650"></a><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">&#160;<a name="RG_MARKER_137572_bclEnd"></a><a name="RG_MARKER_137650_bclEnd"></a></font></p>

<p style="margin:0mm;margin-top:36.0pt;"><img height=680 id="Picture 4" src="edgarq21ubsgroupagx3x1.gif" width=680></p>

<p style="margin:0mm;margin-top:36.0pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:58.0pt;">Our financial results</font></p>

<p style="margin:0mm;"><font color=red face=Helvetica,sans-serif lang=EN-US style="font-size:20.0pt;">&nbsp;</font></p>

<p style="margin:0mm;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:18.0pt;">First</font><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:16.0pt;"> </font><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:18.0pt;">quarter
2021 report</font></p>




<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>








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<p style="margin:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:5.0pt;"></font></p>

<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:5.65pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Corporate calendar UBS
Group AG</font></b></p>

</div>


<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font style="position:relative;"><font style="height:1133px;left:489px;position:absolute;top:-6px;width:310px;">

<table cellpadding=0 cellspacing=0 border=0 style="width:100%;">
 <tr>
  <td colspan=2 style="border:none;">
<div style="padding:3.69pt 7.09pt 3.69pt 7.09pt;">
    <p style="margin:0mm;margin-bottom:114.0pt;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:28.35pt;">&nbsp;</font></p>
    </div></td>

 </tr>
<tr style="height:3.0pt;">
  <td valign=top width=21% style="height:3.0pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;margin-bottom:6.0pt;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:23.0pt;">1.</font></b></p>
      </td>
 <td valign=top width=79% style="height:3.0pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;margin-bottom:6.0pt;"><b><font face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">UBS <br>
      Group</font></b></p>
      </td>
 </tr>
<tr style="height:11.65pt;">
  <td valign=top width=21% style="height:11.65pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">4</font></b></p>
      </td>
 <td valign=top width=79% style="height:11.65pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;"><a href="#Recent_developments"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Recent developments</font></a></p>
      </td>
 </tr>
<tr style="height:11.65pt;">
  <td valign=top width=21% style="height:11.65pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">7</font></b></p>
      </td>
 <td valign=top width=79% style="height:11.65pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;"><a href="#Group_performance"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Group performance</font></a></p>
      </td>
 </tr>
<tr style="height:11.65pt;">
  <td valign=top width=21% style="height:11.65pt;padding:0mm 8.5pt 0mm 0mm;">&nbsp;</td>
 <td valign=top width=79% style="height:11.65pt;padding:0mm 8.5pt 0mm 0mm;">&nbsp;</td>
 </tr>
<tr style="height:3.0pt;">
  <td valign=top width=21% style="height:3.0pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;margin-bottom:6.0pt;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:23.0pt;">2.</font></b></p>
      </td>
 <td valign=top width=79% style="height:3.0pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;margin-bottom:6.0pt;"><b><font face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">UBS business
      divisions and <br>
      Group Functions</font></b></p>
      </td>
 </tr>
<tr style="height:11.65pt;">
  <td valign=top width=21% style="height:11.65pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">14</font></b></p>
      </td>
 <td valign=top width=79% style="height:11.65pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;"><a href="#Wealth_Management"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Global Wealth Management</font></a></p>
      </td>
 </tr>
<tr style="height:3.0pt;">
  <td valign=top width=21% style="height:3.0pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">17</font></b></p>
      </td>
 <td valign=top width=79% style="height:3.0pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;"><a href="#Retail_Corporate"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Personal &amp; Corporate Banking</font></a></p>
      </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=top width=21% style="height:12.0pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">19</font></b></p>
      </td>
 <td valign=top width=79% style="height:12.0pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;"><a href="#Global_Asset_Management"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Asset Management</font></a></p>
      </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=top width=21% style="height:12.0pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">21</font></b></p>
      </td>
 <td valign=top width=79% style="height:12.0pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;"><a href="#Investment_bank"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Investment Bank</font></a></p>
      </td>
 </tr>
<tr style="height:12.0pt;">
  <td valign=top width=21% style="height:12.0pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">23</font></b></p>
      </td>
 <td valign=top width=79% style="height:12.0pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;"><a href="#Corporate_Center"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Group Functions</font></a></p>
      </td>
 </tr>
<tr style="height:11.65pt;">
  <td valign=top width=21% style="height:11.65pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">24</font></b></p>
      </td>
 <td valign=top width=79% style="height:11.65pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;"><a name="Selected_fin_inf_of_BD_and_GF"></a><a href="#Selected_fin_inf"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Selected
      financial information of our business divisions and Group Functions</font></a><a name="Selected_fin_inf_of_BD_and_GF_bclEnd"></a></p>
      </td>
 </tr>
<tr style="height:11.65pt;">
  <td valign=top width=21% style="height:11.65pt;padding:0mm 8.5pt 0mm 0mm;">&nbsp;</td>
 <td valign=top width=79% style="height:11.65pt;padding:0mm 8.5pt 0mm 0mm;">&nbsp;</td>
 </tr>
<tr style="height:3.0pt;">
  <td valign=top width=21% style="height:3.0pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;margin-bottom:6.0pt;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:23.0pt;">3.</font></b></p>
      </td>
 <td valign=top width=79% style="height:3.0pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;margin-bottom:6.0pt;"><b><font face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">Risk, capital,
      liquidity and funding, and balance sheet</font></b></p>
      </td>
 </tr>
<tr style="height:3.0pt;">
  <td valign=top width=21% style="height:3.0pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">27</font></b></p>
      </td>
 <td valign=top width=79% style="height:3.0pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;"><a href="#Risk_management_and_control"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Risk management and control</font></a></p>
      </td>
 </tr>
<tr style="height:11.5pt;">
  <td valign=top width=21% style="height:11.5pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">33</font></b></p>
      </td>
 <td valign=top width=79% style="height:11.5pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;"><a name="RG_MARKER_137764"></a><a name="RG_MARKER_137618"></a><a name="RG_MARKER_137586"></a><a name="RG_MARKER_140932"></a><a href="#Capital_management_EN"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Capital management</font></a><a name="RG_MARKER_140932_bclEnd"></a><a name="RG_MARKER_137764_bclEnd"></a><a name="RG_MARKER_137618_bclEnd"></a><a name="RG_MARKER_137586_bclEnd"></a></p>
      </td>
 </tr>
<tr style="height:11.5pt;">
  <td valign=top width=21% style="height:11.5pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">44</font></b></p>
      </td>
 <td valign=top width=79% style="height:11.5pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;"><a name="RG_MARKER_137734"></a><a name="RG_MARKER_137588"></a><a href="#Liq_and_funding_mgmt_EN"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Liquidity and funding management</font></a><a name="RG_MARKER_137734_bclEnd"></a><a name="RG_MARKER_137588_bclEnd"></a></p>
      </td>
 </tr>
<tr style="height:11.5pt;">
  <td valign=top width=21% style="height:11.5pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">45</font></b></p>
      </td>
 <td valign=top width=79% style="height:11.5pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;"><a href="#Balance_sheet_narratives_EN"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Balance sheet and off-balance
      sheet</font></a></p>
      </td>
 </tr>
<tr style="height:3.0pt;">
  <td valign=top width=21% style="height:3.0pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">48</font></b></p>
      </td>
 <td valign=top width=79% style="height:3.0pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;"><a href="#UBS_shares_EN"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Share information and earnings per share</font></a></p>
      </td>
 </tr>
<tr style="height:11.65pt;">
  <td valign=top width=21% style="height:11.65pt;padding:0mm 8.5pt 0mm 0mm;">&nbsp;</td>
 <td valign=top width=79% style="height:11.65pt;padding:0mm 8.5pt 0mm 0mm;">&nbsp;</td>
 </tr>
<tr style="height:3.0pt;">
  <td valign=top width=21% style="height:3.0pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;margin-bottom:6.0pt;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:23.0pt;">4.</font></b></p>
      </td>
 <td valign=top width=79% style="height:3.0pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;margin-bottom:6.0pt;"><b><font face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">Consolidated<br>
      financial statements</font></b></p>
      </td>
 </tr>
<tr style="height:11.65pt;">
  <td valign=top width=21% style="height:11.65pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">51</font></b></p>
      </td>
 <td valign=top width=79% style="height:11.65pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;"><a href="#Interim_ConsoFS_UBSGroupAG"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">UBS Group AG interim
      consolidated financial statements (unaudited)</font></a></p>
      </td>
 </tr>
<tr style="height:12.3pt;">
  <td valign=top width=21% style="height:12.3pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">92</font></b></p>
      </td>
 <td valign=top width=79% style="height:12.3pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;"><a href="#Interim_ConsoFS_UBSAG"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">UBS AG interim consolidated
      financial information (unaudited)</font></a></p>
      </td>
 </tr>
<tr style="height:11.65pt;">
  <td valign=top width=21% style="height:11.65pt;padding:0mm 8.5pt 0mm 0mm;">&nbsp;</td>
 <td valign=top width=79% style="height:11.65pt;padding:0mm 8.5pt 0mm 0mm;">&nbsp;</td>
 </tr>
<tr style="height:11.65pt;">
  <td valign=top width=21% style="height:11.65pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;margin-bottom:6.0pt;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:23.0pt;">5.</font></b></p>
      </td>
 <td valign=top width=79% style="height:11.65pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;margin-bottom:6.0pt;"><b><font face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">Significant
      regulated subsidiary and sub-group information</font></b></p>
      </td>
 </tr>
<tr style="height:11.65pt;">
  <td valign=top width=21% style="height:11.65pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">96</font></b></p>
      </td>
 <td valign=top width=79% style="height:11.65pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;"><a href="#Financial_and_reg_key_figures"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Financial and regulatory key
      figures for our significant regulated subsidiaries and sub-groups</font></a></p>
      </td>
 </tr>
<tr style="height:11.65pt;">
  <td valign=top width=21% style="height:11.65pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">&nbsp;</font></b></p>
      </td>
 <td valign=top width=79% style="height:11.65pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>
      </td>
 </tr>
<tr style="height:12.3pt;">
  <td valign=top width=21% style="height:12.3pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;"><b><font face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></b></p>
      </td>
 <td valign=top width=79% style="height:12.3pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;"><b><font face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">Appendix</font></b></p>
      </td>
 </tr>
<tr style="height:12.3pt;">
  <td valign=top width=21% style="height:12.3pt;padding:0mm 8.5pt 0mm 0mm;">
      <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
      </td>
 <td valign=top width=79% style="height:12.3pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;"><font color=red face=Helvetica,sans-serif style="font-size:9.0pt;">&nbsp;</font></p>
      </td>
 </tr>
<tr style="height:12.3pt;">
  <td valign=top width=21% style="height:12.3pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">98</font></b></p>
      </td>
 <td valign=top width=79% style="height:12.3pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;"><a href="#alternative_per_mes"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Alternative performance measures</font></a></p>
      </td>
 </tr>
<tr style="height:12.3pt;">
  <td valign=top width=21% style="height:12.3pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">101</font></b></p>
      </td>
 <td valign=top width=79% style="height:12.3pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;"><a href="#Abbreviations"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Abbreviations frequently used in <br>
      our financial reports</font></a></p>
      </td>
 </tr>
<tr style="height:3.0pt;">
  <td valign=top width=21% style="height:3.0pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">103</font></b></p>
      </td>
 <td valign=top width=79% style="height:3.0pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;"><a href="#Information_sources"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Information sources </font></a></p>
      </td>
 </tr>
<tr style="height:3.0pt;">
  <td valign=top width=21% style="height:3.0pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">104</font></b></p>
      </td>
 <td valign=top width=79% style="height:3.0pt;padding:0mm 8.5pt 0mm 0mm;">
      <p style="margin:0mm;"><a href="#Cautionary_statement_EN"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Cautionary statement</font></a></p>
      </td>
 </tr>
<tr>
  <td colspan=2 style="border:none;">

    <p style="margin:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:5.0pt;">&nbsp;</font></p>
    <p style="margin:0mm;"><font color=black face=TimesNewRomanPSMT style="font-size:12.0pt;line-height:120%;">&nbsp;</font></p>

    </td>
 </tr>
<tr>
  <td colspan=1 style="border:none;">&nbsp;</td>
 <td>&nbsp;</td>
 </tr>
</table>

</font></font><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:normal;">Publication of the second quarter 2021 report: &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Tuesday,
20 July 2021</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:normal;">Publication
of the third quarter 2021 report:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Tuesday, 26 October
2021</font></p>

<p style="margin-bottom:5.65pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:normal;">Publication of the fourth quarter
2021 report:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Monday, 24 January 2022</font></p>

<p style="margin:0mm;"><font color=black face=TimesNewRomanPSMT lang=EN-US style="font-size:12.0pt;line-height:120%;">&nbsp;</font></p>

<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:5.65pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Corporate calendar UBS
AG*</font></b></p>

</div>


<p style="margin-bottom:5.65pt;margin-left:0mm;margin-right:0pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">Publication of the first quarter
2021 report:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Friday, 30 April 2021</font></p>

<p style="margin-bottom:5.65pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">*Publication dates of future quarterly and annual reports
and results are made available as part of the corporate calendar of UBS AG at </font><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;text-decoration:none;">ubs.com/investors&nbsp;</font></p>

<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:5.65pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Contacts</font></b></p>

</div>









<p style="margin:0mm;"><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">Switchboards</font></b></p>

<p style="margin-bottom:5.65pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">For all general inquiries <br>
</font><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;text-decoration:none;">ubs.com/contact&nbsp;</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">Zurich +41-44-234 1111<br>
London +44-207-567 8000<br>
New York +1-212-821 3000<br>
Hong Kong +852-2971 8888</font></p>

<p style="margin-bottom:5.65pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">Singapore +65-6495 8000</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><b><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">Investor
Relations</font></b></p>

<p style="margin-bottom:5.65pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">Institutional, professional and retail<br>
investors are supported by UBS&#8217;s Investor Relations team. </font></p>

<p style="margin-bottom:5.65pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">UBS Group AG, Investor Relations<br>
P.O. Box, CH-8098 Zurich, Switzerland</font></p>

<p style="margin-bottom:5.65pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;text-decoration:none;">ubs.com/investors</font></p>

<p style="margin-bottom:5.65pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">Zurich +41-44-234 4100<br>
New York +1-212-882 5734</font></p>

<p style="margin:0mm;"><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">Media Relations</font></b></p>

<p style="margin-bottom:5.65pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">Global media and journalists are supported by UBS&#8217;s
Media Relations team.</font></p>

<p style="margin-bottom:5.65pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=DE-CH style="font-size:7.5pt;line-height:8.5pt;text-decoration:none;">ubs.com/media</font></p>

<p style="margin-bottom:5.65pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=DE-CH style="font-size:7.5pt;line-height:8.5pt;">Zurich +41-44-234 8500<br>
mediarelations@ubs.com</font></p>

<p style="margin-bottom:5.65pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">London +44-20-7567 4714 <br>
ubs-media-relations@ubs.com</font></p>

<p style="margin-bottom:5.65pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">New York +1-212-882 5858 <br>
mediarelations@ubs.com</font></p>

<p style="margin-bottom:5.65pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=SV style="font-size:7.5pt;line-height:8.5pt;">Hong Kong +852-2971 8200<br>
sh-mediarelations-ap@ubs.com</font></p>

<b><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:7.5pt;"><br clear=all>


</font></b><p style="margin:0mm;"><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">Office of the Group Company Secretary</font></b></p>

<p style="margin-bottom:5.65pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">The Group Company Secretary receives <br>
inquiries on compensation and related<br>
issues addressed to members of the<br>
Board of Directors.</font></p>

<p style="margin-bottom:5.65pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">UBS Group AG, Office of the Group Company Secretary<br>
P.O. Box, CH-8098 Zurich, Switzerland</font></p>

<p style="margin-bottom:5.65pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">sh-company-secretary@ubs.com</font></p>

<p style="margin-bottom:5.65pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">+41-44-235 6652</font></p>

<p style="margin:0mm;"><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">Shareholder Services</font></b></p>

<p style="margin-bottom:5.65pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">UBS&#8217;s Shareholder Services team, a unit<br>
of the Group Company Secretary&#8217;s office,<br>
is responsible for the registration of UBS Group AG registered shares. </font></p>

<p style="margin-bottom:5.65pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">UBS Group AG, Shareholder Services<br>
P.O. Box, CH-8098 Zurich, Switzerland</font></p>

<p style="margin-bottom:5.65pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">sh-shareholder-services@ubs.com</font></p>

<p style="margin-bottom:5.65pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">+41-44-235 6652</font></p>

<p style="margin:0mm;"><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">US Transfer Agent</font></b></p>

<p style="margin-bottom:5.65pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">For global registered share-related<br>
inquiries in the US.</font></p>

<p style="margin-bottom:5.65pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">Computershare Trust Company NA<br>
P.O. Box 505000<br>
Louisville, KY 40233-5000, USA</font></p>

<p style="margin-bottom:5.65pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">Shareholder online inquiries:<br>
</font><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;text-decoration:none;">www-us.computershare.com/<br>
investor/Contact</font></p>

<p style="margin-bottom:5.65pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">Shareholder website:<br>
</font><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;text-decoration:none;">computershare.com/investor&nbsp;</font></p>

<p style="margin-bottom:5.65pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">Calls from the US <br>
+1-866-305-9566<br>
Calls from outside the US<br>
+1-781-575-2623<br>
TDD for hearing impaired<br>
+1-800-231-5469<br>
TDD for foreign shareholders<br>
+1-201-680-6610</font></p>








<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:5.65pt;margin-left:0mm;margin-right:0mm;margin-top:11.5pt;padding:0mm;"><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Imprint</font></b></p>

</div>


<p style="margin-bottom:5.65pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">Publisher: UBS Group AG, Zurich, Switzerland | </font><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;text-decoration:none;">ubs.com&nbsp;</font><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;"><br>
Language: English </font></p>

<p style="margin-bottom:5.65pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">&#169; UBS 2021. The key symbol and UBS are among the registered
and unregistered trademarks of UBS. All rights reserved.</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">&nbsp;</font></p>

<p style="margin:0mm;"><font color=black face=TimesNewRomanPSMT lang=EN-US style="font-size:12.0pt;line-height:120%;">&nbsp;</font></p>

<p style="margin:0mm;"><font color=black face=TimesNewRomanPSMT lang=EN-US style="font-size:12.0pt;line-height:120%;">&nbsp;</font></p>

<p style="margin:0mm;"><font color=black face=TimesNewRomanPSMT lang=EN-US style="font-size:12.0pt;line-height:120%;">&nbsp;</font></p>

<p style="margin:0mm;"><font color=black face=TimesNewRomanPSMT lang=EN-US style="font-size:12.0pt;line-height:120%;">&nbsp;</font></p>








<p style="margin-bottom:5.65pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">&#160;&nbsp;</font></p>








<p style="margin-bottom:24.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="RG_MARKER_137571"></a><a name="RG_MARKER_137724"></a><a name="UBS_Key_Figures_EN"></a></p>
<DIV bclFooter>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_6"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">First quarter 2021 report</font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
<p style="margin-bottom:24.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:28.0pt;line-height:28.0pt;">Our key figures<a name="RG_MARKER_137571_bclEnd"></a><a name="RG_MARKER_137724_bclEnd"></a><a name="UBS_Key_Figures_EN_bclEnd"></a></font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:8.25pt;">
  <td width=62% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 width=37% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">As of or for the quarter ended</font></p>
  </td>
 </tr>
<tr style="height:9.2pt;">
  <td width=62% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million, except where indicated</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=12% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td width=12% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.20</font></p>
  </td>
 </tr>
<tr style="height:9.2pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Group results</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.2pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Operating income</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,705&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,117&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7,934&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.2pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Operating expenses</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,407&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,132&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,926&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.2pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Operating profit / (loss) before tax</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,298&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,985&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,008&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.2pt;">
  <td width=62% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net profit / (loss) attributable to shareholders</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,824&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,636&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,595&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.2pt;">
  <td width=62% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Diluted earnings per share (USD)<sup>1</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.49&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.44&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.43&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.2pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Profitability and growth<sup>2</sup></font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.2pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Return on equity (%)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12.4&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11.0&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11.4&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.2pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Return on tangible equity (%)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14.0&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12.4&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12.8&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.2pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Return on common equity tier 1 capital (%)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;18.2&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16.8&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;17.7&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.2pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Return on risk-weighted assets, gross (%)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12.0&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11.4&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12.0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.2pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Return on leverage ratio denominator, gross (%)<sup>3</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.3&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.2&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.5&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.2pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Cost / income ratio (%)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;73.8&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;74.9&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;72.3&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.2pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Effective tax rate (%)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;20.5&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;17.2&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;20.4&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.2pt;">
  <td width=62% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net profit growth (%)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14.3&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;126.7&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;39.8&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.2pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Resources<sup>2</sup></font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.2pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total assets</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,107,712&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,125,765&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,098,110&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.2pt;">
  <td width=62% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Equity attributable to shareholders</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;58,026&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;59,445&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;57,917&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.2pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Common equity tier 1 capital<sup>4</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;40,426&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;39,890&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;36,659&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.2pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Risk-weighted assets<sup>4</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;287,828&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;289,101&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;286,256&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.2pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Common equity tier 1 capital ratio (%)<sup>4</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14.0&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13.8&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12.8&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.2pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Going concern capital ratio (%)<sup>4</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;19.6&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;19.4&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;18.1&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.2pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total loss-absorbing capacity ratio (%)<sup>4</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;35.0&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;35.2&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;32.7&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.2pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Leverage ratio denominator<sup>3,4</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,038,225&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,037,150&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;955,943&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.2pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Common equity tier 1 leverage ratio (%)<sup>3,4</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.89&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.85&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.83&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.2pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Going concern leverage ratio (%)<sup>3,4</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5.4&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5.4&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5.4&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.2pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total loss-absorbing capacity leverage ratio (%)<sup>4</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9.7&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9.8&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9.8&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.2pt;">
  <td width=62% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Liquidity coverage ratio (%)<sup>5</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;151&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;152&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;139&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.2pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.2pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Invested assets (USD billion)<sup>6</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,306&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,187&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,236&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.2pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Personnel (full-time equivalents)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;71,779&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;71,551&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;69,437&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.2pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Market capitalization<sup>1</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;54,536&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;50,013&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;33,649&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.2pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total book value per share (USD)<sup>1</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16.47&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16.74&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16.16&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.2pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total book value per share (CHF)<sup>1</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15.57&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14.82&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15.57&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.2pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Tangible book value per share (USD)<sup>1</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14.65&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14.91&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14.37&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.2pt;">
  <td width=62% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Tangible book value per share (CHF)<sup>1</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13.85&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13.21&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.2pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13.85&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:34.5pt;">
  <td colspan=5 valign=top width=100% style="border:none;height:34.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1&nbsp;Refer to
  the &#8220;Share information and earnings per share&#8221; section of this report for
  more information.&#160;&#160;&#160; 2&nbsp;Refer to the &#8220;Performance targets and capital
  guidance&#8221; section of our Annual Report 2020 for more information about our
  performance targets.&#160;&#160;&#160; 3&nbsp;Leverage ratio denominators and leverage
  ratios for the respective periods in 2020 do not reflect the effects of the
  temporary exemption that applied from 25 March 2020 until 1 January 2021 and
  was granted by FINMA in connection with COVID-19. Refer to the &#8220;Regulatory
  and legal developments&#8221; section of our Annual Report 2020 for more
  information.&#160;&#160;&#160; 4&nbsp;Based on the Swiss systemically relevant bank
  framework as of 1 January 2020. Refer to the &#8220;Capital management&#8221; section of
  this report for more information.&#160;&#160;&#160; 5&nbsp;Refer to the &#8220;Liquidity and
  funding management&#8221; section of this report for more information.&#160;&#160;&#160;
  6&nbsp;Consists of invested assets for Global Wealth Management, Asset
  Management and Personal &amp; Corporate Banking. Refer to &#8220;Note 32 Invested
  assets and net new money&#8221; in the &#8220;Consolidated financial statements&#8221; section
  of our Annual Report 2020 for more information.</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:4.0pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:6.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border:none;border-collapse:collapse;width:100%;">
 <tr style="height:120.2pt;page-break-inside:avoid;">
  <td valign=top width=100% style="border-bottom:none;border-left:none;border-right:solid white 1.5pt;border-top:solid white 1.0pt;height:120.2pt;padding:1.4pt 0mm 0mm 0mm;">
  <div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">
  <p style="border:none;margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;padding:0mm;"><b><font face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">Alternative performance measures</font></b></p>
  </div>

  <p style="margin:0mm;margin-top:6.0pt;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">An alternative performance
  measure (an APM) is a financial measure of historical or future financial
  performance, financial position or cash flows other than a financial measure
  defined or specified in the applicable recognized accounting standards or in
  other applicable regulations. We report a number of APMs in the discussion of
  the financial and operating performance of the Group, our business divisions
  and our Group Functions. We use APMs to provide a more complete picture of
  our operating performance and to reflect management&#8217;s view of the fundamental
  drivers of our business results. A definition of each APM, the method used to
  calculate it and the information content are presented under &#8220;Alternative
  performance measures&#8221; in the appendix to this report. Our APMs may qualify as
  non-GAAP measures as defined by US Securities and Exchange Commission (SEC) regulations.</font></p>
  </td>
 </tr>
</table></div>


<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:2.0pt;">&nbsp;</font></p>





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<p style="margin:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:12.0pt;">Management report</font></p>

<p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

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<p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

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<p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

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<p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

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<p style="margin-bottom:6.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:6.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:6.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:6.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:6.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:6.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:6.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:6.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:6.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:6.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:6.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:6.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:6.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:6.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:6.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><b><font color=white face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:6.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:6.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><b><font color=white face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:6.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:6.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><b><font color=white face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:6.0pt;">&nbsp;</font></b></p>

<p style="margin-bottom:6.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:13.0pt;">Terms used
in this report, unless the context requires otherwise</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border:none;border-collapse:collapse;width:100%;">
 <tr style="height:10.0mm;page-break-inside:avoid;">
  <td valign=top width=52% style="background:#BEBEBE;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:10.0mm;padding:2.85pt 0mm 0mm 0mm;">
  <p align=left style="margin:0mm;text-align:left;"><font face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">&#8220;UBS,&#8221; &#8220;UBS
  Group,&#8221; &#8220;UBS Group AG consolidated,&#8221; &#8220;Group,&#8221; &#8220;the Group,&#8221; &#8220;we,&#8221; &#8220;us&#8221; and
  &#8220;our&#8221;</font></p>
  </td>
 <td valign=top width=48% style="background:#E6E6E6;border:none;border-bottom:solid white 1.5pt;height:10.0mm;padding:2.85pt 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">UBS Group AG and its
  consolidated subsidiaries</font></p>
  </td>
 </tr>
<tr style="height:17.0pt;page-break-inside:avoid;">
  <td valign=top width=52% style="background:#BEBEBE;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:17.0pt;padding:2.85pt 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">&#8220;UBS AG consolidated&#8221; </font></p>
  </td>
 <td valign=top width=48% style="background:#E6E6E6;border:none;border-bottom:solid white 1.5pt;height:17.0pt;padding:2.85pt 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">UBS AG and its
  consolidated subsidiaries</font></p>
  </td>
 </tr>
<tr style="height:17.0pt;page-break-inside:avoid;">
  <td valign=top width=52% style="background:#BEBEBE;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:17.0pt;padding:2.85pt 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">&#8220;UBS Group AG&#8221; and &#8220;UBS
  Group AG standalone&#8221; </font></p>
  </td>
 <td valign=top width=48% style="background:#E6E6E6;border:none;border-bottom:solid white 1.5pt;height:17.0pt;padding:2.85pt 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">UBS Group AG on a
  standalone basis</font></p>
  </td>
 </tr>
<tr style="height:17.0pt;page-break-inside:avoid;">
  <td valign=top width=52% style="background:#BEBEBE;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:17.0pt;padding:2.85pt 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 45 Light,sans-serif" lang=DE-CH style="font-size:9.0pt;line-height:11.5pt;">&#8220;UBS AG&#8221; and
  &#8220;UBS AG standalone&#8221; </font></p>
  </td>
 <td valign=top width=48% style="background:#E6E6E6;border:none;border-bottom:solid white 1.5pt;height:17.0pt;padding:2.85pt 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">UBS AG on a standalone
  basis</font></p>
  </td>
 </tr>
<tr style="height:17.0pt;page-break-inside:avoid;">
  <td valign=top width=52% style="background:#BEBEBE;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:17.0pt;padding:2.85pt 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 45 Light,sans-serif" lang=DE-CH style="font-size:9.0pt;line-height:11.5pt;">&#8220;UBS
  Switzerland AG&#8221; and &#8220;UBS Switzerland AG standalone&#8221;</font></p>
  </td>
 <td valign=top width=48% style="background:#E6E6E6;border:none;border-bottom:solid white 1.5pt;height:17.0pt;padding:2.85pt 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">UBS Switzerland AG on a
  standalone basis</font></p>
  </td>
 </tr>
<tr style="height:17.0pt;page-break-inside:avoid;">
  <td valign=top width=52% style="background:#BEBEBE;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:17.0pt;padding:2.85pt 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">&#8220;UBS Europe SE
  consolidated&#8221; </font></p>
  </td>
 <td valign=top width=48% style="background:#E6E6E6;border:none;border-bottom:solid white 1.5pt;height:17.0pt;padding:2.85pt 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">UBS Europe SE and its
  consolidated subsidiaries</font></p>
  </td>
 </tr>
<tr style="height:28.15pt;page-break-inside:avoid;">
  <td valign=top width=52% style="background:#BEBEBE;border:none;border-right:solid white 1.5pt;height:28.15pt;padding:2.85pt 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">&#8220;UBS Americas Holding LLC&#8221;
  and </font></p>
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">&#8220;UBS Americas Holding LLC
  consolidated&#8221;</font></p>
  </td>
 <td valign=top width=48% style="background:#E6E6E6;border:none;height:28.15pt;padding:2.85pt 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">UBS Americas Holding LLC
  and its consolidated subsidiaries</font></p>
  </td>
 </tr>
</table></div>



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<p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="_Hlk68092346"></a><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Strategy
and organization update </font></b></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Purpose and strategy</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Today, UBS is a strong financial institution. This is
the result of who we are &#8211; and our goals, our offering, our networks, our
financial strengths. And it is because of where we are today that we can push
ourselves further. That is why, from this day forward, everything we do will
start with our purpose:</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:6.0pt;"><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Reimagining
the power of investing. </font></b></p>

<p style="margin-bottom:8.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Connecting people for a better world.</font></b></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Our purpose is underpinned by a newly defined vision,
our client promise, and five strategic imperatives. </font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><i><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Our vision </font></i></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Convene THE global ecosystem for investing - where
thought leadership is impactful, people and ideas are connected and
opportunities are brought to life. </font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><i><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Our client promise</font></i></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:.1pt;line-height:11.5pt;">Helping clients is
the essence of what we do. And in today&#8217;s world, how we do that is what
differentiates us. Therefore, we will reimagine customer service to deliver a
client experience that is</font></p>

<p align=left style="margin-bottom:0mm;margin-left:11.35pt;margin-right:0mm;margin-top:0mm;text-align:left;text-indent:-11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#8211;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;line-height:11.5pt;">&nbsp;&nbsp; &nbsp;</font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Personalized</font></b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">
&#8211; Our products and services are as personal as your needs.</font></p>

<p align=left style="margin-bottom:0mm;margin-left:11.35pt;margin-right:0mm;margin-top:0mm;text-align:left;text-indent:-11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#8211;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;line-height:11.5pt;">&nbsp;&nbsp; &nbsp;</font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Relevant</font></b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">
&#8211; What you get is relevant and matters to you.</font></p>

<p align=left style="margin-bottom:0mm;margin-left:11.35pt;margin-right:0mm;margin-top:0mm;text-align:left;text-indent:-11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#8211;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;line-height:11.5pt;">&nbsp;&nbsp; &nbsp;</font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">On-time</font></b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">
&#8211; You set the speed and can act on opportunities anytime and anywhere.</font></p>

<p align=left style="margin-bottom:0mm;margin-left:11.35pt;margin-right:0mm;margin-top:0mm;text-align:left;text-indent:-11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#8211;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;line-height:11.5pt;">&nbsp;&nbsp; &nbsp;</font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Seamless</font></b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">
&#8211; Interacting with us is simple, seamless and intuitive.</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><i><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Our strategic imperatives</font></i></p>

<p align=left style="margin-bottom:0mm;margin-left:11.35pt;margin-right:0mm;margin-top:0mm;text-align:left;text-indent:-11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#8211;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;line-height:11.5pt;">&nbsp;&nbsp; &nbsp;</font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Clients,
Connections, Contributors</font></b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;"> &#8211; Delivering the power of investing</font></p>

<p align=left style="margin-bottom:0mm;margin-left:11.35pt;margin-right:0mm;margin-top:0mm;text-align:left;text-indent:-11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#8211;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;line-height:11.5pt;">&nbsp;&nbsp; &nbsp;</font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Focus</font></b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">
&#8211; Play where we are positioned to win</font></p>

<p align=left style="margin-bottom:0mm;margin-left:11.35pt;margin-right:0mm;margin-top:0mm;text-align:left;text-indent:-11.35pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:10.5pt;line-height:11.5pt;">&#8211;</font><font color=black face="Times New Roman" lang=EN-US style="font-size:7.0pt;line-height:11.5pt;">&nbsp;&nbsp;
&nbsp;</font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Technology</font></b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;"> &#8211; Make technology our
differentiator</font></p>

<p align=left style="margin-bottom:0mm;margin-left:11.35pt;margin-right:0mm;margin-top:0mm;text-align:left;text-indent:-11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#8211;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;line-height:11.5pt;">&nbsp;&nbsp; &nbsp;</font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Simplification
and efficiency</font></b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;"> &#8211; Increase ease of doing businesses and enable our journey</font></p>

<p align=left style="margin-bottom:0mm;margin-left:11.35pt;margin-right:0mm;margin-top:0mm;text-align:left;text-indent:-11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#8211;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;line-height:11.5pt;">&nbsp;&nbsp; &nbsp;</font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Culture</font></b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">
&#8211; Mobilize employees behind our future vision and to act as one firm</font></p>

<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">These outline the actions we are taking to unlock the power of
UBS and evolve into a more client-focused, more agile, more digital firm. We
will continue to update our strategy and imperatives as we progress on our
plans.</font></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to </font></b><b><i><font color=windowtext face="Frutiger 45 Light Bold" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;text-decoration:none;">ubs.com/</font></i></b><b><i><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">purpose </font></i></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">for additional information on our
purpose and our vision, client promise and strategic imperatives</font></b></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Sustainability</font></p>

<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Sustainability is at the core of our
purpose. We have adopted new sustainability standards, including our net zero
commitment. We have announced new, tougher environmental standards and will
develop a detailed road map for achieving net zero greenhouse gas emissions
across all of our operations by 2050. We have long been on the path to a more
sustainable future, as evidenced by our leading sustainability ratings as well
as our strong sustainable finance business performance, and this is the next
step in our journey. We also appointed Suni Harford as the Group Executive
Board sponsor to lead our efforts on sustainability and impact, setting new
financing standards and further evolving plans to support our clients&#8217;
transition to a low-carbon world. As a founding member, we&#8217;ll work closely with
peers in the Net Zero Banking Alliance toward a lower-carbon global economy.</font></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to </font></b><b><i><font color=windowtext face="Frutiger 45 Light Bold" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;text-decoration:none;">ubs.com/</font></i></b><b><i><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">sustainability </font></i></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">for additional information</font></b></p>

<p style="margin:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Organization
changes </font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Mike Dargan will join the Group Executive Board as
Chief Digital and Information Officer (CDIO) effective 1 May 2021. Aligned with
our strategic imperatives, the new CDIO function will play a crucial role in
further driving technology to become a true differentiator for UBS and will replace
the former Group Chief Operating Officer function. The CDIO organization will
comprise the current Group Technology teams, as well as Group Corporate
Services. Business-aligned operations will be moved into the respective
business divisions, with shared operations functions remaining with CDIO.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">In addition, Markus Diethelm has decided to step down from his
current role as Group General Counsel effective 1 November 2021.&nbsp;He will
remain in a senior advisor role into 2022 with responsibility for select legacy
litigation cases. Barbara Levi will succeed Markus Diethelm as Group General
Counsel effective 1&nbsp;November 2021. She joins UBS from Rio Tinto Group,
where she is Chief Legal Officer &amp; External Affairs and a member of the
Executive Committee. Prior to that, she served as Group General Counsel of Rio
Tinto.</font></p>

<p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Our response to COVID-19</font></b></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The measures taken by governments in response to the
COVID&#8209;19 pandemic, including severe constraints on movement, limitation
of public gatherings, requirements to work from home where possible, and the
partial or complete closing or restriction of non-essential retail and business
activity, continue to adversely affect global economic activity.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The negative effects of the COVID-19-related crisis on our
financial and capital positions remained limited in the first quarter of 2021.</font><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;line-height:11.5pt;"> &nbsp;</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The program established by the Swiss Federal Council in March
2020 to support small and medium-sized entities (SMEs) by granting loans closed
on 31&nbsp;July 2020. As of that date, we had committed CHF&nbsp;2.7 billion of
loans up to CHF&nbsp;0.5 million, which are 100% guaranteed by the Swiss
government, and CHF&nbsp;0.6 billion of loans between CHF&nbsp;0.5 million and
CHF&nbsp;20 million, which are 85% government-guaranteed. The total amount
drawn on our loan commitments under the program was CHF&nbsp;1.8 billion on
31&nbsp;March 2021. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">We remain committed to donating any economic profits from the
government-backed lending program to COVID-19 relief efforts. However, we did
not make any profits from this program in the first quarter of 2021.</font></p>









<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:1.0pt;">&nbsp;</font></p>


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<p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Regulatory and legal developments</font></b></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><a name="_Hlk67914922"></a><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Trading venue recognition between Switzerland
and the UK</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">As a result of the EU&#8217;s decision to not extend
equivalence to Swiss trading venues beyond the end of June 2019, mutual
recognition of trading venues between Switzerland and EU Member States was
interrupted. In February 2021, following its withdrawal from the EU, the UK
granted equivalence to Switzerland&#8217;s stock exchanges. As a result, shares
issued by Swiss-incorporated companies can be admitted to trading on UK trading
venues; shares issued by UK-incorporated companies continue to be admitted to
trading on Swiss venues. These mutual recognition decisions have been taken in
the context of a broader process toward deepening bilateral cooperation on
financial services between Switzerland and the UK.</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Revision of the Swiss Anti-Money Laundering Act </font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">In March 2021, the Swiss Parliament granted final
approval for the revision of the Swiss Anti-Money Laundering (AML) Act, which incorporates
most, but not all, of the recommendations from the enhanced follow-up process
of the Financial Action Task Force on Money Laundering (the FATF). The revision
will introduce into Swiss law further specifications of the obligation to file
suspicious activity reports and increase the frequency of client data reviews.
It will also improve transparency by incorporating additional legal
requirements for associations with elevated risks of terrorist financing.
However, the FATF&#8217;s recommendation to extend the scope of the Swiss AML Act to
advisors (e.g., attorneys, fiduciaries and tax advisors) was not adopted by the
Swiss Parliament. The revisions are expected to enter into force in 2022 and
UBS is in the process of making adjustments to its AML processes to reflect the
new requirements.</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Swiss Withholding Tax Act</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">In April 2021, the Swiss Federal Council adopted a
dispatch on the Withholding Tax Act reform, which seeks to <a name="_Hlk69723633"></a>strengthen Swiss debt capital markets. The proposal
aims to maintain the withholding tax on interest carried on bank accounts by
natural persons with tax domicile in Switzerland, abolishes the tax on bond
interest payments and discontinues the stamp duty on domestic bonds. The
dispatch is expected to be subject to parliamentary debate later in 2021.</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">FINMA&#8217;s assessment of the recovery and resolution
planning</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">In March 2021, the Swiss Financial Market Supervisory
Authority (FINMA) published its annual assessment of the recovery and
resolution plans of systemically important financial institutions in
Switzerland. The report noted that FINMA had approved UBS&#8217;s group recovery plan
and assessed its Swiss Emergency Plan as effective. It also highlighted that
UBS has made further progress in improving its global resolvability by building
up the necessary capabilities and removing obstacles to the implementation of
the resolution strategy, while pointing out areas for further improvement. </font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Review of restrictions on
the business model of PostFinance AG </font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">In January 2021, the Swiss Federal Council announced
that it intends to privatize PostFinance AG, a Swiss systemically important
bank, which is held by the state-owned Swiss Post AG. As a result, the
prohibition on PostFinance AG granting mortgages and other types of loans would
be lifted, among other changes. An expert commission has been asked to develop
a detailed proposal, which the Federal Council will use to draw up draft rules.
As the envisaged changes require a revision of the Post Organization Act, the
Swiss Parliament will ultimately decide on any changes. If the revision passes
the legislative process, the reform could further intensify competition in the
Swiss mortgage market.</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">US measures on capital adequacy, capital distribution
restrictions and leverage capital relief</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">In March 2021, US banking regulators decided to not
extend the temporary exclusion of central bank deposits and US Treasury
securities from the leverage exposure calculation for the supplementary
leverage ratio beyond March 2021. The temporary exemption was applicable to UBS
Americas Holding LLC (UBSAH) with respect to US regulatory capital
requirements. In addition, the Federal Reserve announced that the limits on
capital distributions imposed during the COVID-19 pandemic would be removed
after 30&nbsp;June 2021. As a result, capital distributions by UBSAH will
generally be permitted for as long as it meets regulatory capital requirements,
including the incremental stress capital buffer set by the Federal Reserve
Board as part of its Comprehensive Capital Analysis and Review stress test
(CCAR). UBSAH&#8217;s stress capital buffer requirement, currently 6.7%, will be
assessed and may be revised in the 2021 CCAR process, the results of which are
expected to be announced by the Federal Reserve Board in June 2021.</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><a name="_Hlk70334919"></a><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Registration under the US
security-based swaps regulations</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">UBS AG will be required to register as a
security-based swap dealer with the Securities and Exchange Commission (the
SEC) by 1 November 2021. In connection with the registration, UBS AG has made a
substituted compliance application that would permit the bank to comply with
comparable provisions of Swiss law instead of the corresponding SEC
regulations. FINMA</font><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;line-height:11.5pt;">
</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">has entered into negotiations with the SEC to agree a memorandum of
understanding. A failure to obtain substituted compliance may require UBS to
restructure its operations and would likely result in substantial costs to
implement additional SEC requirements.</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Recent developments regarding LIBOR</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">In March 2021, the UK Financial Conduct Authority (the
FCA) confirmed that the one-week and two-month US dollar London Interbank
Offered Rate (USD LIBOR) settings, along with all GBP, EUR, CHF and JPY LIBOR
settings, will, immediately after 31&nbsp;December 2021, either cease to be
provided by any administrator or no longer be representative of the underlying
market. The FCA further confirmed that the remaining USD LIBOR settings will
cease immediately after 30&nbsp;June 2023. With respect to USD LIBORs, the
Federal Reserve Board has issued guidance that banks should, with limited
exceptions, cease to enter into new contracts referencing USD LIBORs as soon as
practicable and in any event no later than 31&nbsp;December 2021.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The extension of certain USD tenors to June 2023 will help the
market to deal with certain tough legacy contracts that cannot easily
transition from LIBOR.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>









<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>









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 <p align=right style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:right;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">5</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_10"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

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 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">Recent developments</font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Climate-related
risks; environmental, social and governance (ESG) matters</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The first quarter of 2021 saw a number of
sustainability-related policy developments, with a particular focus on
disclosure requirements, across various jurisdictions.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">In January 2021, FINMA finalized the consultation on a partial
revision of FINMA Circular 2016/01 &#8220;Disclosure &#8211; banks,&#8221; specifying new
climate-related financial disclosure requirements, based on the recommendations
of the Task Force on Climate-related Financial Disclosures (the TCFD). These
requirements include principles-based elements on governance, strategy and risk
management, as well as quantitative information on climate-related financial
risks, and apply to Swiss systemically important banks, including UBS. The
revised Circular will become applicable for the 2021 reporting year. Since we
are already committed to aligning our climate disclosure within the five-year
pathway outlined by the TCFD recommendations, the impact on UBS is expected to
be limited. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">In March 2021, the EU Sustainable Finance Disclosures
Regulation (the SFDR) became applicable. The regulation defines standards
regarding, among other matters, how investors should be informed about
sustainability risks and how the impact of investments on the environment and
society should be disclosed. This regulation concerns any prospectus of UBS&#8217;s
EU-domiciled and -marketed funds.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Similarly, in March 2021, the European Financial Reporting
Advisory Group (the ERFRAG) provided recommendations about the development of
EU sustainability reporting standards to the European Commission (the EC).
Based on these recommendations, the EC published a legislative proposal for a
revised Non-Financial Reporting Directive (NFRD) in 2021 that will require
firms to publish enhanced information about their activities with regard to
ESG-related matters.</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Final BCBS Principles and UK rules on operational
resilience</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">In March 2021, the Basel
Committee on Banking Supervision (the BCBS) published the final Principles for
Operational Resilience (the BCBS Principles),
which provide global standards intended to strengthen the ability of banks
to withstand operational risk-related events that could cause significant
operational failures. The BCBS Principles are expected to shape future
requirements on operational resilience set out by key regulators.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Similarly, in March 2021, the Bank of
England (the BoE), the Prudential Regulation Authority (the PRA) and the FCA
published the final rules on the UK operational resilience framework. The new
rules require firms to identify their important business services, set impact
tolerances for these and commence testing against severe but plausible
scenarios by 31&nbsp;March 2022. Firms are expected to introduce the required
resilience reinforcements by 31&nbsp;March 2025. The UK rules will apply
to UBS AG London Branch and other Group entities that provide services to UBS
AG London Branch. </font></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to &#8220;Operational risk&#8221; in the &#8220;Risk
management and control&#8221; section of this report for more information</font></b></p>

<font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font><p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Other developments</font></b></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Amendments to IFRS as a consequence of Interest Rate
Benchmark Reform</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">On 1&nbsp;January 2021, UBS
adopted </font><i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Interest Rate Benchmark Reform &#8211; Phase 2, Amendments to IFRS 9, IAS
39, IFRS 7, IFRS 4 and IFRS 16</font></i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">, addressing a number of issues in financial
reporting areas that arise when interbank offered rates (IBORs) are reformed or
replaced, in particular in the area of hedge accounting. The amendments also
introduced additional disclosure requirements covering how UBS is managing the
transition to alternative benchmark rates, its progress as of the reporting
date and the risks to which it is exposed because of the transition.</font></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:7.5pt;line-height:11.5pt;">Refer to &#8220;Note 1 Basis of
accounting and other financial reporting effects&#8221; and &#8220;Note 13 Interest rate
benchmark reform&#8221; in the &#8220;Consolidated financial statements&#8221; section of this
report for more information</font></b></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">New performance measure for our Global Wealth Management business</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Beginning with the first
quarter of 2021, we introduced net new fee-generating assets as a new
performance measure for our Global Wealth Management business. The new measure
captures the growth in clients&#8217; invested assets from net flows related to
mandates, investment funds with recurring fees, hedge funds and private markets
investments, combined with dividend and interest payments into mandates, less
fees paid to UBS by clients. The underlying assets and products generate
most of Global Wealth Management&#8217;s recurring net fee income and a portion of
its transaction-based income. We will disclose fee-generating assets and net
new fee-generating assets quarterly for Global Wealth Management, including a
split by region.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Compared with net new money, net new fee-generating assets
exclude flows related to assets that primarily generate revenues when traded in
the form of commissions and transaction spreads, or borrowed against in the
form of net interest income, and also exclude deposit flows that generate net
interest income, and custody positions that generate custody fees. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">We will no longer report net new money for Global Wealth
Management in our quarterly reports, but will continue to disclose this measure
in our annual reports. </font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#160;&nbsp;</font></p>








<p style="margin-bottom:30.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="RG_MARKER_137589"></a><a name="RG_MARKER_137727"></a><a name="Group_performance"></a></p>
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<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
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  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Income statement</font></b></p>
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  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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 <td width=1% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">For the quarter ended</font></p>
  </td>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">% change from</font></p>
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  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=8% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td width=8% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.20</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">4Q20</font></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1Q20</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=59% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net interest income</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,613&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,622&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,330&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;21&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=59% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other net income from financial instruments measured at fair
  value through profit or loss</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,309&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,453&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,807&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(10)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(28)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=59% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Credit loss (expense) / release</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;28&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(66)&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(268)&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=59% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Fee and commission income</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,169&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,543&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,477&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=59% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Fee and commission expense</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(478)&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(459)&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(456)&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=59% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net fee and commission income</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,691&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,084&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,021&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=59% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other income</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;64&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;24&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;43&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;161&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;46&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td width=59% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total operating income</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,705&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,117&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7,934&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=59% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Personnel expenses</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,801&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,989&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,321&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;20&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=59% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">General and administrative expenses</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,089&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,515&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,133&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(28)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(4)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=59% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Depreciation and impairment of property, equipment and software</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;508&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;617&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;456&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(18)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=59% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Amortization and impairment of goodwill and intangible assets</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(16)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(46)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td width=59% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total operating expenses</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,407&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,132&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,926&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=59% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Operating profit / (loss) before tax</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,298&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,985&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,008&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=59% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Tax expense / (benefit) </font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;471&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;341&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;410&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;38&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=59% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net profit / (loss)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,827&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,645&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,598&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=59% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net profit / (loss) attributable to non-controlling interests</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(65)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=59% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net profit / (loss) attributable to shareholders</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,824&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,636&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,595&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=59% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=59% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Comprehensive income</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=59% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total comprehensive income</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(339)&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,728&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,195&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=59% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total comprehensive income attributable to non-controlling
  interests</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(9)&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;27&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2)&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;426&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=59% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total comprehensive income attributable to shareholders</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(330)&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,701&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,197&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>






<p style="margin:0mm;text-align:justify;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>


<DIV bclFooter>

 <p align=right style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:right;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">7</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_12"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">Group performance </font></font><font style="border:none;">&nbsp;</font></p>

</DIV>









<p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=PT-BR style="font-size:9.0pt;line-height:11.5pt;">Results: 1Q21 vs 1Q20</font></b></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Profit before tax increased by USD&nbsp;290 million,
or 14%, to USD&nbsp;2,298 million, reflecting higher operating income, partly
offset by an increase in operating expenses. Operating income increased by USD&nbsp;771
million, or 10%, to USD&nbsp;8,705 million, mainly reflecting a USD&nbsp;670
million increase in net fee and commission income and a USD&nbsp;296 million decrease
in credit loss expenses, partly offset by a USD&nbsp;215 million decrease in
net interest income and other net income from financial instruments measured at
fair value through profit or loss. Operating expenses increased by USD&nbsp;481
million, or 8%, to USD&nbsp;6,407 million, mainly reflecting a USD&nbsp;480
million increase in personnel expenses. </font></p>

<font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font><p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Operating income in the first quarter of 2021 included a loss
of USD&nbsp;774 million on a default by a US-based client of our prime
brokerage business, presented within Other net income from financial
instruments measured at fair value through profit or loss. The associated
effect on net profit attributable to shareholders was a reduction of USD&nbsp;434
million. The loss was recognized within the Financing business in the
Investment Bank, which provided prime brokerage services to the client, and
arose as a result of closing out a significant portfolio of swaps with the
client following the default, and the unwinding of related hedges. We have
exited all remaining exposures in April 2021, with related losses recognized in
the second quarter of 2021 which are immaterial for the Group.</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:9.75pt;">
  <td colspan=8 width=100% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Net interest income and other net income from financial
  instruments measured at fair value through profit or loss</font></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=59% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 valign=bottom width=24% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">For the quarter ended</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 width=15% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">% change from</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=59% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td valign=bottom width=8% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td valign=bottom width=8% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.20</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">4Q20</font></p>
  </td>
 <td valign=bottom width=8% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1Q20</font></p>
  </td>
 </tr>
<tr style="height:15.0pt;">
  <td width=59% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net interest income from financial instruments measured at
  amortized cost and fair value through other comprehensive income</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,264&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,254&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,069&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;18&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=59% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net interest income from financial instruments measured at fair
  value through profit or loss</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;349&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;368&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;261&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(5)&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;34&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=59% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other net income from financial instruments measured at fair
  value through profit or loss</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,309&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,453&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,807&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(10)&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(28)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=59% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,922&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,075&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,137&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(5)&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(7)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=59% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Global Wealth Management</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,300&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,226&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,331&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=59% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 15.5pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: net interest income</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;997&nbsp;</font></i></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,011&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,031&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1)&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(3)&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=59% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 15.5pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: transaction-based income from foreign exchange and
  other intermediary activity<sup>1</sup></font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;303&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;215&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;300&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;41&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=59% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Personal &amp; Corporate Banking</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;605&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;600&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;609&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=59% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 15.5pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: net interest income</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;513&nbsp;</font></i></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;503&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;511&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=59% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 15.5pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: transaction-based income from foreign exchange and
  other intermediary activity<sup>1</sup></font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;92&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;96&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;97&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(5)&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(6)&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=59% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Asset Management</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(7)&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1)&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(3)&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;795&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;134&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=59% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Investment Bank<sup>2</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,084&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,167&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,610&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(7)&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(33)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=59% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 15.5pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Global Banking</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;143&nbsp;</font></i></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;124&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;112&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;28&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=59% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 15.5pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Global Markets</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;941&nbsp;</font></i></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,043&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,498&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(10)&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(37)&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=59% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Group Functions</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(60)&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;83&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(409)&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(85)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:7.5pt;">
  <td colspan=8 valign=top width=100% style="border:none;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 Mainly includes
  spread-related income in connection with client-driven transactions, foreign
  currency translation effects and income and expenses from precious metals,
  which are included in the income statement line Other net income from
  financial instruments measured at fair value through profit or loss. The
  amounts reported on this line are one component of Transaction-based income
  in the management discussion and analysis in the &#8220;Global Wealth Management&#8221;
  and &#8220;Personal &amp; Corporate Banking&#8221; sections of this report.&#160;&#160;&#160;
  2&nbsp;Investment Bank information is provided at the business line level
  rather than by financial statement reporting line in order to reflect the
  underlying business activities, which is consistent with the structure of the
  management discussion and analysis in the &#8220;Investment Bank&#8221; section of this
  report.</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>








<p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Operating income: 1Q21 vs 1Q20</font></b></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Total operating income increased by USD&nbsp;771
million, or 10%, to USD&nbsp;8,705 million.</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Net interest income and other net income from financial
instruments measured at fair value through profit or loss</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:-.1pt;line-height:11.5pt;">Total combined net
interest income and other net income from financial instruments measured at
fair value through profit or loss decreased by USD&nbsp;215 million to USD&nbsp;2,922
million, mainly <a name="_Hlk69144872"></a><a name="_Hlk53065396"></a>driven by the
Investment Bank, partly offset by Group Functions.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:-.1pt;line-height:11.5pt;">The Investment Bank
decreased by USD&nbsp;526 million to USD&nbsp;1,084 million, mainly driven by the
aforementioned loss in our prime brokerage business, reported within Financing
in Global Markets. This was partly offset by a USD&nbsp;295 million increase in
the Derivatives &amp; Solutions business, driven by a constructive market
environment across equity derivatives and credit products, partly offset by a
decrease in revenues relating to foreign exchange and rates products,
reflecting a strong first quarter of 2020, which benefited from increased
market volumes. In addition, Execution Services decreased by USD&nbsp;69
million, reflecting lower revenues from foreign exchange products that are
traded over electronic platforms.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:-.1pt;line-height:11.5pt;">Group Functions increased
by USD&nbsp;349 million, from negative USD&nbsp;409 million to negative USD&nbsp;60
million. This was mainly driven by a USD&nbsp;194 million increase in Non-core
and Legacy Portfolio, mainly due to valuation gains of USD&nbsp;61 million on
auction rate securities, compared with valuation losses of USD&nbsp;143 million
in the first quarter of 2020. In addition, the Group Treasury result was
negative USD&nbsp;59 million, compared with negative USD&nbsp;214 million in
the prior-year quarter. The improvement was mainly due to net positive effects
related to accounting asymmetries, including hedge accounting ineffectiveness,
and income related to centralized Group Treasury risk management.</font></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to &#8220;Note 3 Net interest income&#8221; in the
&#8220;Consolidated financial statements&#8221; section of this report for more information
about net interest income</font></b></p>






<font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>



</font><p style="margin:0mm;text-align:justify;"><a name="_Hlk69146706"></a></p>


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 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:justify;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">8</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_13"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

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 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font color=#006600 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

</DIV>
<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Net fee
and commission income</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Net fee and commission income increased by USD&nbsp;670
million to USD&nbsp;5,691 million.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><a name="_Hlk69146911"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Fees for portfolio management and
related services increased by USD&nbsp;225 million to USD&nbsp;2,284 million, largely
driven by Global Wealth Management, mainly reflecting the effect of higher
average fee-generating assets.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Underwriting fees increased by USD&nbsp;192 million to USD&nbsp;392
million, driven by higher equity underwriting revenues from public offerings in
the Investment Bank.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><a name="_Hlk69151662"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Investment fund fees increased by USD&nbsp;141
million to USD&nbsp;1,436 million, largely driven by Asset Management. This
reflected an increase in management fees, which mainly resulted from a higher
average invested asset base, and an increase in performance-based fees driven
by the Hedge Fund Businesses, which were partly offset by lower fees in the Equities
business.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><a name="_Hlk69152278"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Net brokerage fees increased by USD&nbsp;132
million to USD&nbsp;1,290 million, reflecting higher levels of client activity
in the Cash Equities business of the Investment Bank and in Global Wealth
Management.</font></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to &#8220;Note 4 Net fee and commission
income&#8221; in the &#8220;Consolidated financial statements&#8221; section of this report for
more information</font></b></p>

<font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font><p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="_Hlk45835286"></a><a name="_Hlk69153937"></a><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Other income</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Other income was USD&nbsp;64 million, compared with USD&nbsp;43
million, mainly driven by a valuation gain of USD&nbsp;37 million in Personal
&amp; Corporate Banking and Global Wealth Management, related to UBS&#8217;s equity
ownership of SIX Group.</font></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to the &#8220;Personal &amp; Corporate
Banking&#8221; and &#8220;Global Wealth Management&#8221; sections of this report for more
information</font></b></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Credit loss expense / release</font></p>

<p style="margin:0mm;text-align:justify;text-indent:0mm;"><a name="_Hlk45835301"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Total net
credit loss releases were USD&nbsp;28 million during the first quarter of 2021,
compared with net credit loss expenses of USD&nbsp;268 million in the
prior-year quarter, reflecting net releases of USD&nbsp;26 million related to
stage&nbsp;1 and 2 positions and net releases of USD&nbsp;3 million related to
credit-impaired (stage&nbsp;3) positions.</font></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to &#8220;Note 7 Expected credit loss
measurement&#8221; in the &#8220;Consolidated financial statements&#8221; section of this report
for more information</font></b></p>






<font lang=EN-US><br clear=all>







</font><p style="margin:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:11.25pt;">
  <td width=35% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Credit loss (expense) / release</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:28.5pt;">
  <td valign=bottom width=35% style="border:none;border-bottom:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Global </font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Wealth </font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Management</font></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Personal &amp; </font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Corporate </font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Banking</font></p>
  </td>
 <td valign=bottom width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Asset</font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Management</font></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Investment </font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Bank</font></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Group </font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Functions</font></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=35% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">For the quarter ended 31.3.21</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=35% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stages 1 and 2</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;26&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=35% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 3</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(4)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=35% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total credit loss (expense) / release</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;23&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;28&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=35% style="border:none;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=35% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">For the quarter ended 31.12.20</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=35% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stages 1 and 2</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;18&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;33&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=35% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 3</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(108)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(4)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(99)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=35% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total credit loss (expense) / release</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;22&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(91)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(5)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(66)&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=35% style="border:none;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=35% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">For the quarter ended 31.3.20</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=35% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stages 1 and 2</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(12)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(16)&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(62)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(89)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=35% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 3</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(41)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(62)&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(60)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(16)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(179)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=35% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total credit loss (expense) / release</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(53)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(77)&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(122)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(16)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(268)&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:4.5pt;">
  <td colspan=7 valign=top width=100% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

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<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:11.25pt;">
  <td width=59% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Operating expenses</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=59% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 width=24% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">For the quarter ended</font></p>
  </td>
 <td width=1% style="border:none;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 width=15% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">% change from</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=59% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=8% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td width=8% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.20</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">4Q20</font></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1Q20</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=59% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Personnel expenses</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,801&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,989&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,321&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;20&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=59% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 11.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: salaries and variable compensation</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,871&nbsp;</font></i></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,247&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,561&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;28&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=59% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 11.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: financial advisor compensation<sup>1</sup></font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,170&nbsp;</font></i></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,077&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,094&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=59% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 11.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: other personnel expenses<sup>2</sup></font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;759&nbsp;</font></i></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;665&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;666&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=59% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">General and administrative expenses</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,089&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,515&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,133&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(28)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(4)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=59% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 11.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: net expenses for litigation, regulatory and similar
  matters</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9&nbsp;</font></i></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;148&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(94)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;48&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=59% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 11.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: other general and administrative expenses</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,080&nbsp;</font></i></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,367&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,127&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(21)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(4)&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=59% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Depreciation and impairment of property, equipment and software</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;508&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;617&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;456&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(18)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=59% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Amortization and impairment of goodwill and intangible assets</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(16)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(46)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=59% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total operating expenses</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,407&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,132&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,926&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:31.5pt;">
  <td colspan=8 valign=top width=100% style="border:none;height:31.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1&nbsp;Financial
  advisor compensation consists of grid-based compensation based directly on
  compensable revenues generated by financial advisors and supplemental
  compensation calculated on the basis of financial advisor productivity, firm
  tenure, assets and other variables. It also includes expenses related to
  compensation commitments with financial advisors entered into at the time of
  recruitment that are subject to vesting requirements.&#160;&#160;&#160; 2&nbsp;Consists of
  expenses related to contractors, social security, post-employment benefit
  plans, and other personnel expenses.</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>








<p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Operating expenses: 1Q21 vs 1Q20</font></b></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Operating expenses increased by USD&nbsp;481 million,
or 8%, to USD&nbsp;6,407 million. </font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><a name="_Hlk69154099"></a><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Personnel expenses</font></p>

<p style="margin:0mm;text-align:justify;"><a name="_Hlk69187034"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Personnel expenses increased by
USD&nbsp;480 million to USD&nbsp;4,801 million, mainly reflecting USD&nbsp;310
million higher expenses for salaries and variable compensation. Salary costs
mainly increased due to foreign currency translation effects and the insourcing
of certain activities from third-party vendors into our Business Solutions
Centers. Variable compensation increased, mainly due to the first quarter of
2020 including a reduction in relation to funding valuation losses booked
within accounting asymmetries in Group Treasury and also due to improved
business performance in the first quarter of 2021. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">In addition, financial advisor compensation increased by
USD&nbsp;76 million, as a result of higher compensable revenues in the Americas,
and social security expenses increased by USD&nbsp;57 million, broadly in line
with the aforementioned increase in expenses for salaries and variable
compensation. </font></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to &#8220;Note 5 Personnel expenses&#8221; in the
&#8220;Consolidated financial statements&#8221; section of this report for more information</font></b></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">General and administrative expenses</font></p>

<p style="margin:0mm;text-align:justify;"><a name="_Hlk69187909"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">General and administrative
expenses decreased by USD&nbsp;44 million to USD&nbsp;1,089 million. This was
mainly driven by lower consulting fees, as well as a decrease in travel and
entertainment expenses as a result of COVID-19-related restrictions. In
addition, there was a decrease in outsourcing costs. These effects were partly
offset by higher IT expenses and bank levy costs.</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:-.1pt;line-height:11.5pt;"> &nbsp;</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:-.1pt;line-height:11.5pt;">We believe that the
industry continues to operate in an environment in which expenses associated
with litigation, regulatory and similar matters will remain elevated for the
foreseeable future and we continue to be exposed to a number of significant
claims and regulatory matters. The outcome of many of </font></p>

<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:-.1pt;line-height:11.5pt;">these
matters, the timing of a resolution, and the potential effects </font></p>

<font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:-.1pt;"><br clear=all>


</font><p style="margin:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:-.1pt;line-height:11.5pt;">of
resolutions on our future business, financial results or financial condition
are extremely difficult to predict.</font></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to &#8220;Note 6 General and administrative
expenses&#8221; in the &#8220;Consolidated financial statements&#8221; section of this report for
more information</font></b></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to &#8220;Note 14 Provisions and contingent
liabilities&#8221; in the &#8220;Consolidated financial statements&#8221; section of this report
and to the &#8220;Regulatory and legal developments&#8221; and &#8220;Risk factors&#8221; sections of
our Annual Report 2020 for more information about litigation, regulatory and
similar matters</font></b></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Depreciation, amortization and impairment</font></p>

<p style="margin:0mm;text-align:justify;"><a name="_Hlk69189510"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Depreciation and impairment of
property, equipment and software increased by USD&nbsp;52 million to USD&nbsp;508
million, mainly resulting from higher depreciation of internally generated
software, largely reflecting an increase in capitalized assets.</font></p>

<p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Tax: 1Q21 vs 1Q20</font></b></p>

<p style="margin:0mm;text-align:justify;text-indent:0mm;"><a name="_Hlk53144228"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">We recognized
income tax expenses of USD&nbsp;471 million for the first quarter of 2021,
representing an effective tax rate of 20.5%, compared with USD&nbsp;410 million
for the first quarter of 2020 and an effective tax rate of 20.4%.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Current tax expenses were USD&nbsp;406 million, compared with USD&nbsp;222
million, and related to taxable profits of UBS Switzerland AG and other
entities.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Deferred tax expenses were USD&nbsp;65 million, compared with USD&nbsp;188
million, and primarily related to the amortization of deferred tax assets
previously recognized in relation to tax losses carried forward and deductible
temporary differences of UBS Americas Inc. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">We expect a tax rate of around 25% for the remaining nine
months of 2021, excluding any potential effects from the reassessment of
deferred tax assets in connection with our business planning process and any
potential US corporate tax rate changes or other jurisdictional statutory tax
rate changes that could be enacted during the year.</font></p>




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 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font color=#006600 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

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<p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Total comprehensive income
attributable to shareholders: 1Q21 vs 1Q20</font></b></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Total comprehensive income attributable to
shareholders was negative USD&nbsp;330 million, compared with </font><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">positive
</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">USD&nbsp;4,197 million. Net profit attributable to shareholders was USD&nbsp;1,824
million, compared with USD&nbsp;1,595 million, and other comprehensive income
(OCI) attributable to shareholders, net of tax, was negative USD&nbsp;2,154 million,
compared with positive USD&nbsp;2,602 million.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">In the first quarter of 2021, OCI related to cash flow hedges
was negative USD&nbsp;1,160 million, mainly reflecting a decrease in unrealized
gains on US dollar hedging derivatives resulting from significant increases in
the relevant US dollar long-term interest rates. In the first quarter of 2020,
OCI related to cash flow hedges was positive USD&nbsp;1,505 million.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Foreign currency translation OCI was negative USD&nbsp;744
million, mainly resulting from the weakening of the Swiss franc (6%) and the
euro (4%) against the US dollar. OCI related to foreign currency translation in
the first quarter of 2020 was negative USD&nbsp;145 million.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Defined benefit plan OCI was negative USD&nbsp;113 million in
the first quarter of 2021, mainly reflecting negative net pre-tax OCI related
to the Swiss pension plan of USD&nbsp;254 million. This was driven by an
extraordinary employer contribution of USD&nbsp;254 million that increased the
gross plan assets but led to an OCI loss as no net pension asset could be
recognized on the balance sheet as of 31&nbsp;March 2021 due to the asset
ceiling. As announced in 2018, UBS agreed to mitigate the effects from changes
to the Swiss pension plan implemented in 2019 by contributing up to CHF&nbsp;720
million (USD&nbsp;762 million at the closing exchange rate as of 31&nbsp;March
2021) in three installments in 2020, 2021 and 2022. The extraordinary
contribution of USD&nbsp;254 million in the first quarter of 2021 reflects the
second installment paid. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Net pre-tax OCI related to our non-Swiss pension plans was
positive USD&nbsp;119 million, mainly driven by the UK and US pension plans. In
the first quarter of 2020, defined benefit plan OCI was positive USD&nbsp;153
million. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">OCI associated with financial assets measured at fair value
through OCI was negative USD&nbsp;102 million, compared with positive USD&nbsp;147
million, and primarily reflected net unrealized losses of USD&nbsp;131 million
following increases in the relevant US dollar long-term interest rates in the
first quarter of 2021.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">OCI related to own credit on financial liabilities designated
at fair value was negative USD&nbsp;29 million, primarily due to a tightening
of our own credit spreads. In the first quarter of 2020, OCI related to own
credit on financial liabilities designated at fair value was positive USD&nbsp;934
million, as our own credit spreads significantly widened during that quarter
due to the economic effects of the COVID-19 pandemic.</font></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to &#8220;Statement of comprehensive income&#8221;
in the &#8220;Consolidated financial statements&#8221; section of this report for more
information</font></b></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to &#8220;Note 8 Fair value measurement&#8221; in
the &#8220;Consolidated financial statements&#8221; section of this report for more
information about own credit on financial liabilities designated at fair value</font></b></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to &#8220;Note 26 Post-employment benefit
plans&#8221; in the &#8220;Consolidated financial statements&#8221; section of our Annual Report
2020 for more information about OCI related to defined benefit plans</font></b></p>

<b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font></b><p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Sensitivity to interest rate movements</font></b></p>

<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">As of 31&nbsp;March 2021, we estimate
that a parallel shift in yield curves by +100 basis points could lead to a
combined increase in annual net interest income of approximately USD&nbsp;1.6 billion
in Global Wealth Management and Personal &amp; Corporate Banking. A parallel
shift in yield curves by &#8211;100 basis points could lead to a combined reduction
in annual net interest income of approximately USD&nbsp;0.4 billion. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">These estimates are based on a hypothetical scenario of an
immediate change in interest rates, equal across all currencies and relative to
implied forward rates as of 31&nbsp;March 2021 applied to our banking book.
These estimates further assume no change to balance sheet size and structure,
constant foreign exchange rates and no specific management action. </font></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:7.5pt;letter-spacing:-.1pt;line-height:11.5pt;">Refer</font></b><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:7.5pt;font-weight:normal;letter-spacing:-.1pt;line-height:11.5pt;"> </font><b><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:7.5pt;letter-spacing:-.1pt;line-height:11.5pt;">to the &#8220;Risk management and control&#8221; section of this
report for information about interest rate risk in the banking book</font></b></p>

<p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Key figures and personnel</font></b></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Below we provide an overview of selected key figures
of the Group. For further information about key figures related to capital
management, refer to the &#8220;Capital management&#8221; section of this report. </font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Cost / income ratio: 1Q21 vs 1Q20</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The cost / income ratio was 73.8%, compared with 72.3%.
The increase in income was more than offset by an increase in expenses. The
cost / income ratio is measured based on income before credit loss expenses or
releases.</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Common equity tier 1 capital: 1Q21 vs 4Q20</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">During the first quarter of 2021, our common equity
tier&nbsp;1 (CET1) capital increased by USD&nbsp;0.5 billion to USD&nbsp;40.4
billion, mainly reflecting operating profit before tax of USD&nbsp;2.3 billion,
partly offset by negative foreign currency translation effects of USD&nbsp;0.8
billion, current tax expenses of USD&nbsp;0.4 billion, accruals for capital
returns to shareholders of USD&nbsp;0.3 billion and negative defined benefit
plans effects of USD&nbsp;0.2 billion. Our share repurchases of USD&nbsp;1.1
billion in the first quarter of 2021 did not affect our CET1 capital position
as there was an equal reduction in the capital reserve for potential share
repurchases.</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Return on CET1 capital: 1Q21 vs 1Q20</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The annualized return on CET1 capital (RoCET1) was
18.2%, compared with 17.7%, driven by an increase in net profit attributable to
shareholders, partly offset by higher average CET1 capital.</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Risk-weighted assets: 1Q21 vs 4Q20</font></p>

<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Risk-weighted assets (RWA) decreased
by USD&nbsp;1.3 billion to
USD&nbsp;287.8 billion, driven by
currency effects of USD&nbsp;5.6 billion, partly offset by increases from asset
size and other movements of USD&nbsp;2.9 billion, methodology and policy
changes of USD&nbsp;1.1 billion, model updates of USD&nbsp;0.2 billion, and
regulatory add-ons of USD&nbsp;0.1 billion.</font></p>









<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:1.0pt;">&nbsp;</font></p>


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 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">Group performance </font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Common equity tier 1 capital
ratio: 1Q21 vs 4Q20</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Our CET1 capital ratio increased 0.2 percentage points
to 14.0%, reflecting an increase in CET1 capital of USD&nbsp;0.5 billion and a
USD&nbsp;1.3 billion decrease of RWA. </font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=PT-BR style="font-size:9.0pt;line-height:11.5pt;">Leverage ratio denominator: 1Q21 vs 4Q20
</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;text-align:justify;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The leverage ratio denominator (LRD) was stable at
USD&nbsp;1,038&nbsp;billion, as the asset size and other movements of USD&nbsp;30
billion were largely offset by currency effects of USD&nbsp;29&nbsp;billion.</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Common equity tier 1 leverage ratio: 1Q21 vs 4Q20</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;text-align:justify;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Our CET1 leverage ratio increased from 3.85% to 3.89%
in the first quarter of 2021, due to the aforementioned increase in CET1
capital.</font></p>

<font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font><p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Going concern leverage ratio: 1Q21
vs 4Q20 </font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Our going concern leverage ratio remained stable at
5.4% in the first quarter of 2021. </font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><a name="_Hlk52908227"></a><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=IT style="font-size:9.0pt;line-height:11.5pt;">Personnel: 1Q21 vs
4Q20</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">We employed 71,779 personnel (full-time equivalents)
as of 31&nbsp;March 2021, a net increase of 228 compared with 31&nbsp;December
2020. This mainly reflects the ongoing insourcing of certain activities from
third-party vendors to our Business Solutions Centers. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:10.5pt;">
  <td width=75% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Return on equity and CET1 capital</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
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<tr style="height:8.25pt;">
  <td width=75% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 width=24% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">As of or for the quarter ended</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=75% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million, except where indicated</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=8% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td width=8% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.20</font></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=75% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:2.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:2.0pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:2.0pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:2.0pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:2.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=75% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Net profit</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=75% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net profit / (loss) attributable to shareholders</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,824&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,636&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,595&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=75% style="height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:2.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:2.0pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:2.0pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:2.0pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:2.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=75% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Equity</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=75% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Equity attributable to shareholders</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;58,026&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;59,445&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;57,917&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=75% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Less: goodwill and intangible assets</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,427&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,480&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,407&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=75% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Tangible equity attributable to shareholders</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;51,599&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;52,965&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;51,510&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=75% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Less: other CET1 deductions</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11,173&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13,075&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14,851&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=75% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">CET1 capital</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;40,426&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;39,890&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;36,659&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=75% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:2.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:2.0pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:2.0pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:2.0pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:2.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=75% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Returns</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=75% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Return on equity (%)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12.4&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11.0&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11.4&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=75% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Return on tangible equity (%)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14.0&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12.4&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12.8&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=75% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Return on CET1 capital (%)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;18.2&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16.8&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;17.7&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td colspan=5 valign=top width=100% style="border:none;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>








<p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Outlook</font></b></p>

<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Investor sentiment remained positive
in the first quarter of 2021, helped by the strong rebound in economic activity
and greater optimism regarding the further recovery, supported by mass COVID-19
vaccination campaigns around the globe. Significant fiscal stimulus, notably in
the US, along with the prospect of continued accommodative monetary policy,
contributed to generally more positive views on the timing and extent of a
sustainable economic recovery.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">However, economic, social, and geopolitical tensions remain,
raising questions around the sustainability and shape of the recovery.
Persistently high numbers of COVID-19 infections and hospitalizations, as well
as lockdowns and similar measures imposed to control the pandemic, add to these
existing concerns, as well as the severity and duration of the effects of the
pandemic in certain economic sectors.</font></p>

<font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font><p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Our clients value strength and expert guidance, particularly
in these uncertain times, and we remain focused on supporting them with advice
and solutions. We expect our revenues in the second quarter of 2021 to be
influenced by seasonal factors, such as lower client activity compared with the
first quarter of 2021. Higher asset prices should have a positive effect on
recurring fee income in our asset gathering businesses. However, the continued
uncertainty about the environment and economic recovery could affect both asset
prices and client activity.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">With our balance sheet for all seasons and our diversified
business model, UBS remains well positioned to drive sustainable long-term
value for our clients and shareholders.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#160;&nbsp;</font></p>








<p style="margin-bottom:28.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="RG_MARKER_137576"></a><a name="RG_MARKER_137631"></a></p>
<DIV bclFooter>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:justify;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">12</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_17"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font color=#006600 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

</DIV>
<p style="margin-bottom:28.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:70.0pt;line-height:70.0pt;">UBS
business<a name="RG_MARKER_137576_bclEnd"></a><a name="RG_MARKER_137631_bclEnd"></a><br>
divisions <br>
and Group Functions</font></p>

<p style="margin:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:12.0pt;letter-spacing:-.55pt;">&#160;</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:12.0pt;">Management
report</font></p>










<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#160;&nbsp;</font></p>








<p style="margin-bottom:30.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="Wealth_Management"></a><a name="RG_MARKER_137581"></a><a name="RG_MARKER_137728"></a></p>
<DIV bclFooter>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_18"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">Global Wealth Management</font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
<p style="margin-bottom:30.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:28.0pt;line-height:28.0pt;">Global
Wealth Management<a name="RG_MARKER_137581_bclEnd"></a><a name="RG_MARKER_137728_bclEnd"></a></font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:12.75pt;">
  <td colspan=3 width=71% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Global Wealth Management<sup>1</sup></font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 width=21% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">As of or for the quarter ended</font></p>
  </td>
 <td width=1% style="border:none;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 width=14% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">% change from</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million, except where indicated</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.20</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">4Q20</font></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1Q20</font></p>
  </td>
 </tr>
<tr style="height:6.0pt;">
  <td width=63% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Results</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net interest income</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;997&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,011&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,031&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(3)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Recurring net fee income<sup>2</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,629&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,468&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,434&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Transaction-based income<sup>3</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,183&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;776&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,113&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;52&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other income</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;37&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;21&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;146&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;72&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Income</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,845&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,269&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,600&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Credit loss (expense) / release</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(53)&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(60)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total operating income</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,848&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,277&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,547&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total operating expenses</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,439&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,412&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,329&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Business division operating profit / (loss) before tax</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,409&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;864&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,218&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;63&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:6.0pt;">
  <td width=63% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Performance measures and other information</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Financial advisor variable compensation<sup>4,5</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,048&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;955&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;964&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Compensation commitments with recruited financial advisors<sup>4,6</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;123&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;122&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;130&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(6)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Pre-tax profit growth (%)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15.7&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12.8&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;41.1&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Cost / income ratio (%)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;71.0&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;79.9&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;72.4&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Average attributed equity (USD billion)<sup>7</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;18.3&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;17.7&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16.5&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Return on attributed equity (%)<sup>7</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;30.8&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;19.5&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;29.6&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Risk-weighted assets (USD billion)<sup>7</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;88.2&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;87.2&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;78.8&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Leverage ratio denominator (USD billion)<sup>7,8</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;380.6&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;371.2&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;310.6&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;23&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Goodwill and intangible assets (USD billion)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5.1&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5.1&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5.1&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net new fee-generating assets (USD billion)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;36.2&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;18.0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5.5&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;101&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;558&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Fee-generating assets (USD billion)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,328&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,277&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;988&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;34&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Fee-generating asset margin (bps)<sup>9</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;86.0&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;82.4&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;90.3&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Invested assets (USD billion)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,108&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,016&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,339&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;33&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Client assets (USD billion)<sup>10</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,530&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,382&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,591&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;36&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Loans, gross (USD billion)<sup>11</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;219.4&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;213.1&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;184.6&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;19&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Customer deposits (USD billion)<sup>11</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;336.7&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;348.0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;310.9&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(3)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Recruitment loans to financial advisors<sup>4</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,867&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,872&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,997&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(7)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other loans to financial advisors<sup>4</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;607&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;697&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;703&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(13)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(14)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Impaired loan portfolio as a percentage of total loan portfolio,
  gross (%)<sup>12,13</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.3&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.4&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.5&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Advisors (full-time equivalents)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9,582&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9,575&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9,983&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(4)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:49.5pt;">
  <td colspan=8 valign=top width=100% style="border:none;height:49.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 Comparatives may
  differ as a result of adjustments following organizational changes,
  restatements due to the retrospective adoption of new accounting standards or
  changes in accounting policies, and events after the reporting period.&#160;&#160;&#160; 2
  Recurring net fee income consists of fees for services provided on an ongoing
  basis, such as portfolio management fees, asset-based investment fund fees
  and custody fees, which are generated on client assets, as well as credit
  card fees and administrative fees for accounts.&#160;&#160;&#160; 3&nbsp;Transaction-based
  income consists of the non-recurring portion of net fee and commission
  income, mainly composed of brokerage and transaction-based investment fund
  fees, as well as fees for payment and foreign exchange transactions, together
  with other net income from financial instruments measured at fair value
  through profit or loss.&#160;&#160;&#160; 4&nbsp;Relates to licensed professionals with the
  ability to provide investment advice to clients in the Americas.&#160;&#160;&#160;
  5&nbsp;Financial advisor variable compensation consists of formulaic
  compensation based directly on compensable revenues generated by financial
  advisors and supplemental compensation calculated on the basis of financial
  advisor productivity, firm tenure, new assets and other variables.&#160;&#160;&#160;
  6&nbsp;Compensation commitments with recruited financial advisors represent
  expenses related to compensation commitments granted to financial advisors at
  the time of recruitment that are subject to vesting requirements.&#160;&#160;&#160; 7 Refer
  to the &#8220;Capital management&#8221; section of this report for more information.&#160;&#160;&#160; 8
  The leverage ratio denominators for the respective periods in 2020 do not
  reflect the effects of the temporary exemption that applied from 25 March
  2020 until 1 January 2021 and was granted by FINMA in connection with
  COVID-19. Refer to the &#8220;Regulatory and legal developments&#8221; section of our
  Annual Report 2020 for more information.&#160;&#160;&#160; 9 Calculated as revenues from
  fee-generating assets (a portion of which is included in recurring fee income
  and a portion of which is included in transaction-based income, annualized as
  applicable) divided by average fee-generating assets for the relevant mandate
  fee billing period. For the US, fees have been billed on daily balances since
  the fourth quarter of 2020 and average fee-generating assets is calculated as
  the average of the monthly average balances. Prior to the fourth quarter of
  2020, billing was based on prior quarter-end balances, and the average
  fee-generating assets was thus the prior quarter-end balance. For balances
  outside of the US, billing is based on prior month-end balances and average
  fee-generating assets is thus the average of the prior month-end balances.&#160;&#160;&#160;
  10 Client assets are composed of invested assets and other assets held purely
  for transactional purposes or custody only.&#160;&#160;&#160; 11&nbsp;Loans and Customer
  deposits in this table include customer brokerage receivables and payables,
  respectively, which are presented in a separate reporting line on the balance
  sheet.&#160;&#160;&#160; 12 Refer to the &#8220;Risk management and control&#8221; section of this
  report for more information about (credit-)impaired exposures.&#160;&#160;&#160; 13&nbsp;Excludes
  loans to financial advisors.</font></p>
  </td>
 </tr>
</table></div>












<p align=left style="margin:0mm;text-align:left;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>








<p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="Wealth_Management_bclEnd"></a></p>
<DIV bclFooter>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:justify;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">14</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_19"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font color=#006600 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

</DIV>
<p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=PT-BR style="font-size:9.0pt;line-height:11.5pt;">Results: 1Q21 vs 1Q20</font></b></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;text-align:justify;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Profit
before tax increased by USD&nbsp;191 million, or 16%, to USD&nbsp;1,409
million, reflecting higher operating income, partly offset by higher operating
expenses.</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Operating income</font></p>

<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Total operating income increased by
USD&nbsp;301 million, or 7%, to USD&nbsp;4,848 million, mainly driven by higher
recurring net fee and transaction-based income, partly offset by lower net
interest income.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Net interest income decreased by USD&nbsp;34 million, or 3%,
to USD&nbsp;997 million, largely due to lower deposit revenues, driven by a
decrease in margins, mainly as a result of lower US dollar interest rates,
despite higher deposit volumes. This was partly offset by higher loan revenues
resulting from higher loan volumes and margins.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Recurring net fee income increased by USD&nbsp;195 million,
or&nbsp;8%, to USD&nbsp;2,629 million, mainly driven by higher average
fee-generating assets.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Transaction-based income increased by USD&nbsp;70 million,
or&nbsp;6%, to USD&nbsp;1,183 million, driven by continued high levels of
client activity in a constructive market environment.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Other income increased by USD&nbsp;16 million to USD&nbsp;37
million, mainly reflecting a valuation gain of USD&nbsp;9 million on our equity
ownership of SIX Group.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Net credit loss releases were USD&nbsp;3 million, compared
with net expenses of USD&nbsp;53 million. Net credit loss releases from
stage&nbsp;1 and 2 positions were USD&nbsp;4 million, compared with net
expenses of USD&nbsp;12 million. Stage&nbsp;3 net credit loss expenses were
USD&nbsp;2 million, compared with net expenses of USD&nbsp;41 million.</font></p>

<font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font><p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Operating expenses</font></p>

<p style="margin:0mm;text-align:justify;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Total
operating expenses increased by USD&nbsp;110 million, or 3%, to USD&nbsp;3,439
million. The increase was mostly driven by higher financial advisor variable
compensation, reflecting higher compensable revenues in the Americas, as well
as higher technology expenses. This was partly offset by lower expenses for
travel and marketing as a result of COVID-19-related impacts, and a decrease in
professional fees.</font></p>

<p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Fee-generating assets: 1Q21
vs 4Q20</font></b></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Fee-generating assets increased by USD&nbsp;51
billion, or 4%, to USD&nbsp;1,328 billion, driven by net new fee-generating asset
inflows of USD&nbsp;36.2 billion and net positive effects from market
performance and foreign currency translation of USD&nbsp;15.2 billion. Net new
fee-generating assets were USD&nbsp;36.2 billion, with net inflows in all
regions.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The fee-generating asset margin decreased 4 basis points to 86
basis points compared with the first quarter of 2020, primarily driven by flows
into mandates and funds with lower fees, including single share-class funds in
the US without trailing distribution fees. Compared with the fourth quarter of
2020, fee-generating asset margin increased 4 basis points, primarily
reflecting higher transactional activity in mandates.</font></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to the &#8220;Recent developments&#8221; section
of this report for more information about fee-generating assets</font></b></p>

<p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Loans: 1Q21 vs 4Q20</font></b></p>

<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Loans increased by USD&nbsp;6.3 billion,
or 3%, to USD&nbsp;219.4 billion, primarily driven by net new loans of
USD&nbsp;10.5 billion, partly offset by USD&nbsp;4.2 billion from foreign exchange
translation. Net new loans were largely driven by an increase in Lombard loans.
Loan penetration was stable at 7.1%.</font></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to the &#8220;Risk management and control&#8221;
section of this report for more information</font></b></p>




<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:2.0pt;">&nbsp;</font></p>









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 <p align=right style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:right;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">15</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_20"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

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 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">Global Wealth Management</font></font><font style="border:none;">&nbsp;</font></p>

</DIV>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:14.25pt;">
  <td colspan=3 width=64% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Regional breakdown of
  performance measures</font></b></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:19.5pt;">
  <td valign=bottom width=40% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">As of or for the quarter ended 31.3.21</font></i></p>
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD billion, except where indicated</font></i></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Americas<sup>1</sup></font></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Switzerland</font></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">EMEA<sup>2</sup></font></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Asia Pacific</font></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Global Wealth Management<sup>3</sup></font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=40% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total operating income (USD million)</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,547&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;465&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;952&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;881&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,848&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=40% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total operating expenses (USD million)</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,080&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;274&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;665&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;413&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,439&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=40% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Operating profit / (loss) before tax (USD million)</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;467&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;191&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;287&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;468&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,409&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=40% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Cost / income ratio (%)</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;81.7&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;59.0&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;69.9&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;46.9&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;71.0&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=40% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Loans, gross</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;77.9</font></b><sup><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">4</font></b></sup></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;40.4&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;47.9&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;52.6&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;219.4&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=40% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net new loans</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5.5&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.9&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.7&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.4&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10.5&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=40% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Loan penetration (%)<sup>5</sup></font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4.7&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14.8&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7.8&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9.1&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7.1&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=40% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Fee-generating assets</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;793&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;112&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;311&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;112&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,328&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=40% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net new fee-generating assets</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;17.2&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.3&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6.9&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8.8&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;36.2&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=40% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Invested assets</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,642&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;274&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;613&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;576&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,108&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=40% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Advisors (full-time equivalents)</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,335&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;691&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,557&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;909&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9,582&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:15.0pt;">
  <td colspan=6 valign=top width=100% style="border:none;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 Including the
  following business units: United States and Canada; and Latin America.&#160;&#160;&#160; 2
  Including the following business units: Europe; Central and Eastern Europe,
  Greece and Israel; and Middle East and Africa.&#160;&#160;&#160; 3 Including minor
  functions, which are not included in the four regions individually presented
  in this table, with USD 3 million of total operating income, USD 7 million of
  total operating expenses, USD 4 million of operating loss before tax,
  USD&nbsp;0.6 billion of loans, USD 0.0 billion of net new loan outflows, USD
  1 billion of fee-generating assets, USD 0.1 billion of net new fee-generating
  asset outflows, USD 3 billion of invested assets and 90 advisors in the first
  quarter of 2021.&#160;&#160;&#160; 4 Loans include customer brokerage receivables, which are
  presented in a separate reporting line on the balance sheet.&#160;&#160;&#160; 5&nbsp;Loans,
  gross as a percentage of invested assets.</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;">&nbsp;</font></p>

<p style="margin:0mm;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;">&nbsp;</font></p>








<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Regional comments 1Q21 vs 1Q20,
except where indicated </font></b></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Americas</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Profit before tax increased by USD&nbsp;87 million to
USD&nbsp;467 million. Operating income increased by USD&nbsp;155 million to
USD&nbsp;2,547 million, mainly driven by higher recurring net fee income,
reflecting higher average fee-generating assets, and lower credit loss
expenses. The cost / income ratio decreased from 83.1% to 81.7%. Loans
increased 7% compared with the fourth quarter of 2020, to USD&nbsp;78 billion,
reflecting USD&nbsp;5.5 billion of net new loans which were mostly in Lombard.
Fee-generating assets increased 5% sequentially to USD&nbsp;793 billion, mainly
driven by positive market performance of USD&nbsp;19.3 billion and net new
fee-generating assets of USD&nbsp;17.2 billion.</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Switzerland</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Profit before tax increased by USD&nbsp;7 million to
USD&nbsp;191 million. Operating income increased by USD&nbsp;25 million to
USD&nbsp;465 million, mainly driven by higher recurring net fee income and net
interest income, as well as credit loss releases compared with credit loss
expenses in the first quarter of 2020. The cost / income ratio increased from
57.4% to 59.0%. Loans decreased 3% sequentially to USD&nbsp;40 billion, mainly
reflecting foreign currency effects which were partly offset by USD&nbsp;0.9
billion of net new loans. Fee-generating assets increased 1% sequentially to
USD&nbsp;112 billion, mainly driven by USD&nbsp;3.3 billion of net new
fee-generating assets. </font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font><p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">EMEA</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Profit before tax increased by USD&nbsp;28 million to
USD&nbsp;287 million. Operating income increased by USD&nbsp;36 million to
USD&nbsp;952 million, mainly driven by recurring net fee income and credit loss
releases, compared with credit loss expenses. The cost / income ratio decreased
from 70.4% to 69.9%. Loans decreased 1% compared with the fourth quarter of
2020, to USD&nbsp;48 billion, mainly reflecting foreign currency effects which
were partly offset by USD&nbsp;0.7 billion of net new loans. Fee-generating
assets increased 2% sequentially to USD&nbsp;311 billion, mainly driven by
USD&nbsp;6.9 billion of net new fee-generating assets.</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Asia Pacific</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Profit before tax increased by USD&nbsp;70 million to
USD&nbsp;468 million. Operating income increased by USD&nbsp;86 million to
USD&nbsp;881 million, mainly driven by transaction-based and recurring net fee
income. The cost / income ratio decreased from 49.8% to 46.9%. Loans increased
6% compared with the fourth quarter of 2020, to USD&nbsp;53 billion, reflecting
USD&nbsp;3.4 billion of net new loans. Fee-generating assets increased 9%
sequentially to USD&nbsp;112 billion, mainly driven by USD&nbsp;8.8 billion of
net new fee-generating assets.</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>








<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#160;&nbsp;</font></p>








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<p style="margin-bottom:30.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:28.0pt;line-height:28.0pt;">Personal &amp; Corporate Banking<a name="RG_MARKER_137579_bclEnd"></a><a name="RG_MARKER_137729_bclEnd"></a> <a name="Retail_Corporate"></a></font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:10.5pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Personal &amp; Corporate Banking &#8211; in Swiss francs<sup>1</sup></font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 width=21% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">As of or for the quarter ended</font></p>
  </td>
 <td width=1% style="border:none;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 width=14% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">% change from</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">CHF million, except where indicated</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.20</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">4Q20</font></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1Q20</font></p>
  </td>
 </tr>
<tr style="height:4.5pt;">
  <td width=63% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Results</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net interest income</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;470&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;455&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;493&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(5)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Recurring net fee income<sup>2</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;182&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;177&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;170&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Transaction-based income<sup>3</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;239&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;230&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;264&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(9)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other income</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;38&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;19&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;168&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;107&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Income</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;929&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;876&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;946&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Credit loss (expense) / release</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;22&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;20&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(74)&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total operating income</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;950&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;896&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;871&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total operating expenses</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;593&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;578&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;549&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Business division operating profit / (loss) before tax</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;358&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;318&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;322&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=63% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Performance measures and other information</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Average attributed equity (CHF billion)<sup>4</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8.3&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8.2&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8.4&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Return on attributed equity (%)<sup>4</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;17.3&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15.5&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15.3&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Pre-tax profit growth (%)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11.0&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4.1&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(16.4)&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Cost / income ratio (%)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;63.8&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;66.0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;58.0&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net interest margin (bps)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;137&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;133&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;149&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Risk-weighted assets (CHF billion)<sup>4</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;64.7&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;63.8&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;65.0&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Leverage ratio denominator (CHF billion)<sup>4,5</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;224.8&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;219.9&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;218.3&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Business volume for Personal Banking (CHF billion)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;182&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;179&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;168&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net new business volume for Personal Banking (CHF billion)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.4&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2.1&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.2&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net new business volume growth for Personal Banking (%)<sup>6</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7.6&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4.8&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7.6&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Active Digital Banking clients in Personal Banking (%)<sup>7</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;69.4&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;68.1&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;64.5&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Active Digital Banking clients in Corporate &amp; Institutional
  Clients (%)<sup>8</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;79.3&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;78.8&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;77.6&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Mobile Banking log-in share in Personal Banking (%)<sup>9</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;70.2&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;70.3&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;64.7&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Client assets (CHF billion)<sup>10</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;727&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;702&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;640&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Loans, gross (CHF billion)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;138.1&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;136.4&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;132.8&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Customer deposits (CHF billion)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;162.5&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;161.1&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;153.0&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td nowrap width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Secured loan portfolio as a percentage of total loan portfolio,
  gross (%)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;92.6&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;92.9&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;91.6&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Impaired loan portfolio as a percentage of total loan portfolio,
  gross (%)<sup>11</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.1&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.1&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.0&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:32.25pt;">
  <td colspan=8 valign=top width=100% style="border:none;height:32.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 Comparatives may
  differ as a result of adjustments following organizational changes,
  restatements due to the retrospective adoption of new accounting standards or
  changes in accounting policies, and events after the reporting period.&#160;&#160;&#160; 2
  Recurring net fee income consists of fees for services provided on an ongoing
  basis, such as portfolio management fees, asset-based investment fund fees
  and custody fees, which are generated on client assets, as well as
  administrative fees for accounts.&#160;&#160;&#160; 3&nbsp;Transaction-based income consists
  of the non-recurring portion of net fee and commission income, mainly
  composed of brokerage and transaction-based investment fund fees, and credit card
  fees, as well as fees for payment and foreign exchange transactions, together
  with other net income from financial instruments measured at fair value
  through profit or loss.&#160;&#160;&#160; 4&nbsp;Refer to the &#8220;Capital management&#8221; section
  of this report for more information. &#160;&#160;&#160;5&nbsp;The leverage ratio
  denominators for the respective periods in 2020 do not reflect the effects of
  the temporary exemption that applied from 25 March 2020 until 1 January 2021
  and was granted by FINMA in connection with COVID-19. Refer to the &#8220;Regulatory
  and legal developments&#8221; section of our Annual Report 2020 for more
  information.&#160;&#160;&#160; 6&nbsp;Calculated as net new business volume for the period
  (annualized as applicable) divided by business volume at the beginning of the
  period.&#160;&#160;&#160; 7&nbsp;&#8220;Clients&#8221; refers to the number of unique business
  relationships operated by Personal Banking and &#8220;active&#8221; means at least one
  log-in within the past month (log-in time stamp is allocated to all business
  relationship numbers in a digital banking contract). Excluded are persons under
  the age of 15, clients who do not have a private account, clients domiciled
  outside Switzerland, and clients who have defaulted on loans or credit
  facilities. In the first quarter of 2021, 86.3% of clients of Personal
  Banking were &#8220;activated users&#8221; of Digital Banking (i.e., clients who had
  logged into Digital Banking at least once in the course of their relationship
  with UBS).&#160;&#160;&#160; 8 &#8220;Clients&#8221; refers to the number of unique business
  relationships or legal entities operated by Corporate &amp; Institutional Clients
  and &#8220;active&#8221; means at least one log-in within the past month (log-in time
  stamp is allocated to all business relationship numbers or per legal entity
  in a digital banking contract). Excluded are clients that do not have an
  account, mono-product clients and clients that have defaulted on loans or
  credit facilities.&#160;&#160;&#160; 9&nbsp;Mobile Banking app log-ins as a percentage of
  total log-ins via E-Banking and Mobile Banking app in Personal Banking (if a
  digital banking contract is linked to multiple business relationships, the
  log-in is attributed to the business relationship with the most banking
  products in use).&#160;&#160;&#160; 10&nbsp;Client assets are composed of invested assets
  and other assets held purely for transactional purposes or custody only. Net
  new money is not measured for Personal &amp; Corporate Banking.&#160;&#160;&#160;
  11&nbsp;Refer to the &#8220;Risk management and control&#8221; section of this report for
  more information about (credit-)impaired exposures.</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;"><a name="Retail_Corporate_bclEnd"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>











<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>


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 <p align=right style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:right;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">17</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

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 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">Personal &amp; Corporate Banking</font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
<p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=PT-BR style="font-size:9.0pt;line-height:11.5pt;">Results</font></b><b><font color=red face="Frutiger 45 Light,sans-serif" lang=PT-BR style="font-size:9.0pt;line-height:11.5pt;">: </font></b><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=PT-BR style="font-size:9.0pt;line-height:11.5pt;">1Q21 vs 1Q20</font></b></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;text-align:justify;"><a name="_Hlk68690765"></a><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Profit before tax increased by CHF&nbsp;36 million, or
11%, to CHF&nbsp;358 million, reflecting credit loss releases compared with
credit loss expenses in the first quarter of 2020, partly offset by higher operating
expenses and lower income.</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Operating income</font></p>

<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Total operating income increased by
CHF&nbsp;79 million, or 9%, to CHF&nbsp;950 million, reflecting credit loss
releases compared with credit loss expenses in the first quarter of 2020, as
well as higher other income and recurring net fee income. This was partly
offset by lower transaction-based and net interest income.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Net interest income decreased by CHF&nbsp;23 million to
CHF&nbsp;470 million, mainly driven by lower deposit revenues, reflecting a
decrease in margins mainly as a result of lower US dollar interest rates.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Recurring net fee income increased by CHF&nbsp;12 million to
CHF&nbsp;182 million, primarily reflecting higher custody, mandate and investment
fund fees.</font></p>

<font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font><p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Transaction-based income decreased by CHF&nbsp;25 million to
CHF&nbsp;239 million, mainly driven by lower revenue from credit card and
foreign exchange transactions, reflecting lower spending on travel and leisure
by clients due to the COVID-19 pandemic.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Other income increased by CHF&nbsp;19 million to CHF&nbsp;38
million, mainly reflecting a valuation gain of CHF&nbsp;26 million on our
equity ownership of SIX Group.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Net credit loss releases for the first quarter of 2021 were
CHF&nbsp;22 million, compared with net expenses of CHF&nbsp;74 million. Stage&nbsp;1
and 2 net releases were CHF&nbsp;14 million, compared with expenses of
CHF&nbsp;15 million. Stage&nbsp;3 net releases were CHF&nbsp;8 million,
compared with expenses of CHF&nbsp;60 million. </font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Operating expenses</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Total operating expenses increased by CHF&nbsp;44
million, or 8%, to CHF&nbsp;593 million, reflecting higher investments in
technology and real estate expenses due to accelerated depreciation resulting from
the closure of 44 branches in the first quarter of 2021.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:10.5pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Personal &amp; Corporate Banking &#8211; in US dollars<sup>1</sup></font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 width=21% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">As of or for the quarter ended</font></p>
  </td>
 <td width=1% style="border:none;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 width=14% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">% change from</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million, except where indicated</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.20</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">4Q20</font></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1Q20</font></p>
  </td>
 </tr>
<tr style="height:4.5pt;">
  <td width=63% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Results</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net interest income</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;513&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;503&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;511&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Recurring net fee income<sup>2</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;198&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;196&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;177&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Transaction-based income<sup>3</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;261&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;255&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;274&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(5)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other income</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;41&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;19&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;158&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;113&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Income</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,013&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;970&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;981&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Credit loss (expense) / release</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;23&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;22&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(77)&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total operating income</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,037&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;992&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;904&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total operating expenses</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;647&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;640&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;570&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Business division operating profit / (loss) before tax</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;389&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;353&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;334&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=63% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Performance measures and other information</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Average attributed equity (USD billion)<sup>4</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9.1&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9.0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8.7&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Return on attributed equity (%)<sup>4</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;17.1&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15.6&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15.3&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Pre-tax profit growth (%)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16.5&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13.6&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(13.5)&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Cost / income ratio (%)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;63.9&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;66.0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;58.0&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net interest margin (bps)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;137&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;133&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;149&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Risk-weighted assets (USD billion)<sup>4</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;68.4&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;72.1&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;67.4&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(5)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Leverage ratio denominator (USD billion)<sup>4,5</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;237.8&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;248.3&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;226.5&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(4)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Business volume for Personal Banking (USD billion)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;193&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;202&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;174&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(4)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net new business volume for Personal Banking (USD billion)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.7&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2.3&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.3&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net new business volume growth for Personal Banking (%)<sup>6</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7.4&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4.8&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7.7&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Active Digital Banking clients in Personal Banking (%)<sup>7</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;69.4&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;68.1&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;64.5&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Active Digital Banking clients in Corporate &amp; Institutional
  Clients (%)<sup>8</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;79.3&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;78.8&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;77.6&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Mobile Banking log-in share in Personal Banking (%)<sup>9</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;70.2&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;70.3&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;64.7&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Client assets (USD billion)<sup>10</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;769&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;793&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;665&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(3)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Loans, gross (USD billion)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;146.0&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;154.0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;137.9&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(5)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Customer deposits (USD billion)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;171.9&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;181.9&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;158.8&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(6)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Secured loan portfolio as a percentage of total loan portfolio,
  gross (%)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;92.6&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;92.9&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;91.6&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Impaired loan portfolio as a percentage of total loan portfolio,
  gross (%)<sup>11</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.1&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.1&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.0&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:47.25pt;">
  <td colspan=8 valign=top width=100% style="border:none;height:47.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 Comparatives may
  differ as a result of adjustments following organizational changes,
  restatements due to the retrospective adoption of new accounting standards or
  changes in accounting policies, and events after the reporting period.&#160;&#160;&#160; 2
  Recurring net fee income consists of fees for services provided on an ongoing
  basis, such as portfolio management fees, asset-based investment fund fees
  and custody fees, which are generated on client assets, as well as
  administrative fees for accounts.&#160;&#160;&#160; 3&nbsp;Transaction-based income consists
  of the non-recurring portion of net fee and commission income, mainly
  composed of brokerage and transaction-based investment fund fees, and credit card
  fees, as well as fees for payment and foreign exchange transactions, together
  with other net income from financial instruments measured at fair value
  through profit or loss.&#160;&#160;&#160; 4&nbsp;Refer to the &#8220;Capital management&#8221; section
  of this report for more information. &#160;&#160;&#160;5&nbsp;The leverage ratio
  denominators for the respective periods in 2020 do not reflect the effects of
  the temporary exemption that applied from 25 March 2020 until 1 January 2021
  and was granted by FINMA in connection with COVID-19. Refer to the &#8220;Regulatory
  and legal developments&#8221; section of our Annual Report 2020 for more
  information.&#160;&#160;&#160; 6&nbsp;Calculated as net new business volume for the period
  (annualized as applicable) divided by business volume at the beginning of the
  period.&#160;&#160;&#160; 7&nbsp;&#8220;Clients&#8221; refers to the number of unique business
  relationships operated by Personal Banking and &#8220;active&#8221; means at least one
  log-in within the past month (log-in time stamp is allocated to all business
  relationship numbers in a digital banking contract). Excluded are persons under
  the age of 15, clients who do not have a private account, clients domiciled
  outside Switzerland, and clients who have defaulted on loans or credit
  facilities. In the first quarter of 2021, 86.3% of clients of Personal
  Banking were &#8220;activated users&#8221; of Digital Banking (i.e., clients who had
  logged into Digital Banking at least once in the course of their relationship
  with UBS).&#160;&#160;&#160; 8 &#8220;Clients&#8221; refers to the number of unique business
  relationships or legal entities operated by Corporate &amp; Institutional Clients
  and &#8220;active&#8221; means at least one log-in within the past month (log-in time
  stamp is allocated to all business relationship numbers or per legal entity
  in a digital banking contract). Excluded are clients that do not have an
  account, mono-product clients and clients that have defaulted on loans or
  credit facilities.&#160;&#160;&#160; 9&nbsp;Mobile Banking app log-ins as a percentage of
  total log-ins via E-Banking and Mobile Banking app in Personal Banking (if a
  digital banking contract is linked to multiple business relationships, the
  log-in is attributed to the business relationship with the most banking
  products in use).&#160;&#160;&#160; 10&nbsp;Client assets are composed of invested assets
  and other assets held purely for transactional purposes or custody only. Net
  new money is not measured for Personal &amp; Corporate Banking.&#160;&#160;&#160;
  11&nbsp;Refer to the &#8220;Risk management and control&#8221; section of this report for
  more information about (credit-)impaired exposures.</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:1.0pt;">&#160;&nbsp;</font></p>








<p style="margin-bottom:24.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="RG_MARKER_137583"></a><a name="RG_MARKER_137730"></a></p>
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<p style="margin-bottom:24.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:28.0pt;line-height:28.0pt;">Asset Management<a name="Global_Asset_Management"></a><a name="Global_Asset_Management_bclEnd"></a><a name="RG_MARKER_137583_bclEnd"></a><a name="RG_MARKER_137730_bclEnd"></a></font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:12.75pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Asset Management<sup>1</sup></font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
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 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 width=21% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">As of or for the quarter ended</font></p>
  </td>
 <td width=1% style="border:none;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 width=14% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">% change from</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million, except where indicated</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.20</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">4Q20</font></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1Q20</font></p>
  </td>
 </tr>
<tr style="height:4.5pt;">
  <td width=63% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Results</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net management fees<sup>2</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;545&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;518&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;477&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Performance fees</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;92&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;255&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;36&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(64)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;153&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Credit loss (expense) / release</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total operating income</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;637&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;774&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;514&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(18)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;24&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total operating expenses</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;410&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;372&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;357&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Business division operating profit / (loss) before tax</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;227&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;401&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;157&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(43)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;45&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:4.5pt;">
  <td nowrap width=63% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=1% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=7% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=7% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=7% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=1% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=7% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=7% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Performance measures and other information</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Average attributed equity (USD billion)<sup>3</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2.2&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2.1&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.8&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;22&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Return on attributed equity (%)<sup>3</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;40.8&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;74.9&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;34.4&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Pre-tax profit growth (%)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;44.7&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;123.1&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;51.7&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Cost / income ratio (%)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;64.4&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;48.1&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;69.5&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Risk-weighted assets (USD billion)<sup>3</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8.0&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6.9&nbsp;</font></p>
  </td>
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  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6.0&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;33&nbsp;</font></p>
  </td>
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  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Leverage ratio denominator (USD billion)<sup>3,4</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5.4&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5.8&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4.9&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(6)&nbsp;</font></p>
  </td>
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  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10&nbsp;</font></p>
  </td>
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  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Goodwill and intangible assets (USD billion)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.2&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.2&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.3&nbsp;</font></p>
  </td>
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  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(8)&nbsp;</font></p>
  </td>
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  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net margin on invested assets (bps)<sup>5</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
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  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(47)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13&nbsp;</font></p>
  </td>
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  <td width=63% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Gross margin on invested assets (bps)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;23&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;30&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;24&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(23)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(3)&nbsp;</font></p>
  </td>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Information by business line / asset class</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
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<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net new money (USD billion)</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Equities<sup>6</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
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  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6.4&nbsp;</font></b></p>
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  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;25.1&nbsp;</font></p>
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  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15.0&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Fixed Income</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13.5&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(12.0)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;18.6&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: money market</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4.3&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(15.8)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9.9&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
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<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Multi-asset &amp; Solutions<sup>6</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.7&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7.7&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
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<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Hedge Fund Businesses</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2.0&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.7&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2.2)&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
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<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Real Estate &amp; Private Markets</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.6&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.6&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.3&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
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<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total net new money</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;26.2&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;22.2&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;32.7&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: net new money excluding money market</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;21.9&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;38.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;22.8&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td nowrap width=63% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
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<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Invested assets (USD billion)</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Equities<sup>6</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;526&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;506&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;312&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;69&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Fixed Income</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;279&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;274&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;265&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: money market</font></i></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;101&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;97&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;111&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(9)&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Multi-asset &amp; Solutions<sup>6</sup></font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;175&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;172&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;130&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;35&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Hedge Fund Businesses</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;50&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;48&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;39&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;30&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Real Estate &amp; Private Markets</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;92&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;93&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;87&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total invested assets</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,121&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,092&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;832&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;35&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: passive strategies</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;469&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;457&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;324&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;45&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:4.5pt;">
  <td nowrap width=63% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=1% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=7% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=7% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=7% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=1% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=7% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=7% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Information by region</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Invested assets (USD billion)</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Americas</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;267&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;254&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;215&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;24&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Asia Pacific</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;185&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;181&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;138&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;34&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Europe, Middle East and Africa (excluding Switzerland)</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;305&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;294&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;196&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;56&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Switzerland</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;364&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;363&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;283&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;29&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total invested assets</font></b></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,121&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,092&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;832&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;35&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:4.5pt;">
  <td nowrap width=63% style="height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=1% style="height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=7% style="height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=7% style="height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=7% style="height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=1% style="height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=7% style="height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=7% style="height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Information by channel</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Invested assets (USD billion)</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Third-party institutional</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;656&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;648&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;497&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;32&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Third-party wholesale</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;133&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;128&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;86&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;55&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">UBS&#8217;s wealth management businesses</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;332&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;316&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;249&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;33&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total invested assets</font></b></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,121&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,092&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;832&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;35&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:15.0pt;">
  <td colspan=8 valign=top width=100% style="border:none;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 Comparatives may
  differ as a result of adjustments following organizational changes,
  restatements due to the retrospective adoption of new accounting standards or
  changes in accounting policies, and events after the reporting period.&#160;&#160;&#160; 2
  Net management fees include transaction fees, fund administration revenues
  (including net interest and trading income from lending activities and
  foreign exchange hedging as part of the fund services offering), distribution
  fees, incremental fund related expenses, gains or losses from seed money and co-investments,
  funding costs, the negative pass-through impact of third-party performance
  fees, and other items which are not Asset Management&#8217;s performance fees.&#160;&#160;&#160; 3
  Refer to the &#8220;Capital management&#8221; section of this report for more
  information.&#160;&#160;&#160; 4&nbsp;The leverage ratio denominators for the respective
  periods in 2020 do not reflect the effects of the temporary exemption that
  applied from 25 March 2020 until 1 January 2021 and was granted by FINMA in
  connection with COVID-19. Refer to the &#8220;Regulatory and legal developments&#8221;
  section of our Annual Report 2020 for more information.&#160;&#160;&#160; 5 Calculated as
  operating profit before tax (annualized as applicable) divided by average
  invested assets.&#160;&#160;&#160; 6&nbsp;Comparative figures have been restated as a result
  of an adjustment in asset classification, effective as of 1 April 2020, in
  order to better reflect the underlying nature of certain assets, following an
  internal asset reporting review in light of the evolution of our separately
  managed accounts initiative in the US with Global Wealth Management. The
  restatement had no effect on total net new money and no effect on total
  invested assets. It resulted in an increase of USD 10 billion, or 3%, in
  invested assets in Equities and a decrease of USD 10 billion, or 7%, in
  invested assets in Multi-asset &amp; Solutions in the first quarter of 2020.</font></p>
  </td>
 </tr>
</table></div>
















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 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">Asset Management</font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
<p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=PT-BR style="font-size:9.0pt;line-height:11.5pt;">Results: 1Q21 vs 1Q20</font></b></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Profit before tax increased by USD&nbsp;70 million, or
45%, to USD&nbsp;227 million, reflecting continued growth in invested assets
and positive operating leverage.</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Operating income</font></p>

<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">Total operating income
increased by USD&nbsp;123 million, or 24%, to USD&nbsp;637 million. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">Net management fees increased by USD&nbsp;68
million, or 14%, to USD&nbsp;545 million, on a higher average invested asset
base, reflecting a combination of a constructive market
backdrop, continued strong net new money generation and positive currency
translation effects. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">Performance fees increased by USD&nbsp;56
million to USD&nbsp;92 million, mainly in our Hedge Fund Businesses, partly
offset by lower performance fees in our Equities business.</font></p>

<font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font><p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Operating expenses</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Total operating expenses increased by USD&nbsp;53
million, or 15%, to USD&nbsp;410 million, predominantly driven by personnel
expenses, reflecting higher compensable revenues.</font></p>

<p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Invested assets: </font></b><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">1Q21&nbsp;</font></b><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;"> vs </font></b><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">4Q20&nbsp;</font></b><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;"> &nbsp;</font></b></p>

<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Invested assets increased by
USD&nbsp;29 billion to USD&nbsp;1,121 billion, reflecting positive market
performance of USD&nbsp;29 billion and net new money inflows of USD&nbsp;26
billion, partly offset by negative foreign currency translation effects of
USD&nbsp;26 billion.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Excluding money market flows, net new money inflows were
USD&nbsp;22 billion.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>








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 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font color=#006600 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

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<p style="margin-bottom:30.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:28.0pt;line-height:28.0pt;">Investment Bank<a name="Investment_bank"></a><a name="Investment_bank_bclEnd"></a><a name="RG_MARKER_137582_bclEnd"></a><a name="RG_MARKER_137731_bclEnd"></a></font></p>








<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:12.75pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Investment Bank<sup>1,2</sup></font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.95pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 width=21% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">As of or for the quarter ended</font></p>
  </td>
 <td width=1% style="border:none;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 width=14% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">% change from</font></p>
  </td>
 </tr>
<tr style="height:9.95pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million, except where indicated</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.20</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">4Q20</font></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1Q20</font></p>
  </td>
 </tr>
<tr style="height:4.5pt;">
  <td width=63% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.95pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Results</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.95pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Advisory</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;223&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;190&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;199&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;17&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.95pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Capital Markets</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;565&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;478&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;334&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;18&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;69&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.95pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Global Banking</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;788&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;669&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;534&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;18&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;48&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.95pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Execution Services<sup>3</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;555&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;428&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;590&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;30&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(6)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.95pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Derivatives &amp; Solutions</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,246&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;660&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;984&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;89&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;27&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.95pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Financing</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(319)&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;346&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;464&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.95pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Global Markets</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,483&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,433&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,037&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(27)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.95pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Equities</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;920&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,065&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,148&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(14)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(20)&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.95pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Foreign Exchange, Rates and Credit</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;563&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;368&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;889&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;53&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(37)&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.95pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Income</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,271&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,102&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,571&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(12)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.95pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Credit loss (expense) / release</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(91)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(122)&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.95pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total operating income</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,273&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,011&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,449&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(7)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.95pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total operating expenses</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,862&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,482&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,741&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;26&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.95pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Business division operating profit / (loss) before tax</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;412&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;529&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;709&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(22)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(42)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:4.5pt;">
  <td width=63% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.95pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Performance measures and other information</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.95pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Pre-tax profit growth (%)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(41.9)&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;241.6&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Average attributed equity (USD billion)<sup>4</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13.0&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12.6&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12.4&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Return on attributed equity (%)<sup>4</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12.7&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16.8&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;22.8&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Cost / income ratio (%)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;82.0&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;70.5&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;67.7&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Risk-weighted assets (USD billion)<sup>4</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;95.0&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;94.3&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;102.8&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(8)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Return on risk-weighted assets, gross (%)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9.6&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9.0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11.2&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Leverage ratio denominator (USD billion)<sup>4,5</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;329.7&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;315.5&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;297.4&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Return on leverage ratio denominator, gross (%)<sup>5</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2.8&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2.7&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.5&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Goodwill and intangible assets (USD billion)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.1&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.2&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(10)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Average VaR (1-day, 95% confidence, 5 years of historical data)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(19)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:42.75pt;">
  <td colspan=8 valign=top width=100% style="border:none;height:42.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 Comparative
  figures in this table have been restated to reflect the new structure of the
  Investment Bank, split into Global Banking and Global Markets. Global Banking
  has two product verticals: Capital Markets and Advisory. Global Markets
  combines Equities and Foreign Exchange, Rates and Credit (FRC), with three
  product verticals: Execution Services, Derivatives &amp; Solutions, and
  Financing.&#160;&#160;&#160; 2 Comparatives may additionally differ as a result of
  adjustments following organizational changes, restatements due to the
  retrospective adoption of new accounting standards or changes in accounting
  policies, and events after the reporting period.&#160;&#160;&#160; 3&nbsp;Execution &amp;
  Platform, which was disclosed in previous periods, has been renamed Execution
  Services.&#160;&#160;&#160; 4 Refer to the &#8220;Capital management&#8221; section of this report for
  more information.&#160;&#160;&#160; 5&nbsp;The leverage ratio denominators for the
  respective periods in 2020 do not reflect the effects of the temporary
  exemption that applied from 25 March 2020 until 1 January 2021 and was
  granted by FINMA in connection with COVID-19. Refer to the &#8220;Regulatory and
  legal developments&#8221; section of our Annual Report 2020 for more information.</font></p>
  </td>
 </tr>
</table></div>






<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>









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 <p align=right style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:right;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">21</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

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</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_26"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

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 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">Investment Bank</font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
<p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=PT-BR style="font-size:9.0pt;line-height:11.5pt;">Results: 1Q21
vs 1Q20</font></b></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Profit before tax decreased by USD&nbsp;297 million,
or 42%, to USD&nbsp;412 million, driven by a loss related to the default of a <br>
US-based client of our prime brokerage business, reported within Financing in
Global Markets. This was partly offset by increased operating income in Global
Banking and Derivatives &amp; Solutions within Global Markets. </font></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to the &#8220;Group performance&#8221; section of
this report for more information about the loss in the prime brokerage business</font></b></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Operating income</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Total operating income decreased by USD&nbsp;176
million, or 7%, to USD&nbsp;2,273 million, reflecting lower revenues in Global
Markets, partly offset by higher revenues in Global Banking and credit loss
releases compared with credit loss expenses in the first quarter of 2020.</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><i><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Global Banking</font></i></p>

<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Global Banking revenues increased by
USD&nbsp;254 million, or 48%, to USD&nbsp;788 million, predominantly driven by
higher Capital Markets revenues.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Advisory revenues increased by USD&nbsp;24 million, or 12%, to
USD&nbsp;223 million, mainly due to higher revenues from merger and acquisition
transactions, compared with a 3% increase in the global fee pool.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Capital Markets revenues increased by USD&nbsp;231 million, or
69%, to USD&nbsp;565 million, mainly reflecting a USD&nbsp;183 million, or
174%, increase in Equity Capital Markets revenues, compared with an increase in
the global fee pool of 342%, driven by elevated IPO activity. In addition,
Leveraged Capital Markets revenues increased by USD&nbsp;153 million to
USD&nbsp;119 million, <a name="_Hlk69902726"></a>exceeding the increase in the
global fee pool of 35%, mainly as the first quarter of 2020 included
mark-to-market losses in leveraged capital markets, corporate lending and real
estate finance portfolios. These increases were partly offset by mark-to-market
losses in a portfolio of hedging instruments used to hedge the Investment
Bank&#8217;s lending and leveraged loan portfolio, compared with gains recognized in
the first quarter of 2020.</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><i><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Global Markets</font></i></p>

<p style="margin:0mm;text-align:justify;text-indent:0mm;"><a name="_Hlk61269771"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Global Markets
revenues decreased by USD&nbsp;554 million, or 27%, to USD&nbsp;1,483 million,
driven by a loss in our Financing business, partly offset by higher revenues in
equity derivatives and cash equities products.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Execution Services revenues decreased by USD&nbsp;35 million,
or 6%, to USD&nbsp;555 million. Higher revenues from cash equities were more
than offset by lower revenues from foreign exchange products that are traded
over electronic platforms, as spreads tightened and volumes decreased in more
normalized market conditions compared with the prior year, which was affected
by the COVID-19 pandemic. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Derivatives &amp; Solutions revenues increased by USD&nbsp;262
million, or 27%, to USD&nbsp;1,246 million, reflecting a constructive market
environment for equity derivatives and credit products. This increase was
partly offset by a decrease in revenues from <br clear=all>
foreign exchange and rates products, reflecting a strong first quarter of 2020,
which benefited from increased market volumes.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Financing recorded a loss of USD&nbsp;319 million, driven by a
USD&nbsp;774 million loss on a default of a US-based client of our prime brokerage
business.</font></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to the &#8220;Group performance&#8221; section of
this report for more information about the loss in the prime brokerage business</font></b></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Of which: Equities </font></i></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Equities revenues decreased by USD&nbsp;228 million,
or 20%, to USD&nbsp;920 million, mainly driven by the aforementioned loss in
our prime brokerage business, partly offset by higher revenues in equity
derivatives and cash equities products. </font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Of which: Foreign Exchange, Rates and Credit</font></i></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Foreign Exchange, Rates and Credit revenues decreased
by USD&nbsp;326 million, or 37%, to USD&nbsp;563 million. The decrease was
mostly driven by lower revenues in Foreign Exchange and Rates, compared with
strong revenues in the first quarter of 2020, which benefited from increased
market volumes and volatility in the wake of the COVID-19 pandemic. These
effects were partly offset by increases in Credit revenues.</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><i><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Credit loss expense / release</font></i></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Net credit loss releases were USD&nbsp;2 million,
compared with net expenses of USD&nbsp;122 million. Stage&nbsp;1 and 2 net
releases of USD&nbsp;5 million were partly offset by Stage&nbsp;3 net expenses
of USD&nbsp;4 million recognized across various positions. The first quarter of
2020 included USD&nbsp;62 million of stage&nbsp;1 and 2 net credit loss
expenses and USD&nbsp;60 million of stage 3 net credit loss expenses.</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Operating expenses</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Total operating expenses increased by USD&nbsp;121
million, or 7%, to USD&nbsp;1,862 million, <a name="_Hlk69397064"></a>largely
driven by higher personnel expenses, mainly reflecting increased headcount and
foreign currency translation effects.</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Risk-weighted assets and leverage ratio
denominator: 1Q21 vs 4Q20</font></b></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Risk-weighted assets</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Total risk-weighted assets (RWA) increased by
USD&nbsp;1 billion, or 1%, to USD&nbsp;95 billion.</font></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to the &#8220;Capital management&#8221; section of
this report for more information</font></b></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Leverage ratio denominator</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The leverage ratio denominator increased by
USD&nbsp;14 billion, or 4%, to USD&nbsp;330 billion, mainly reflecting a
USD&nbsp;16 billion increase in derivative and securities financing transaction
exposures, partly offset by a USD&nbsp;2 billion decrease in on-balance sheet
exposures.</font></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to the &#8220;Capital management&#8221; section of
this report for more information</font></b></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:5.0pt;line-height:11.5pt;">&nbsp;</font></b></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#160;&nbsp;</font></p>








<p style="margin-bottom:30.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="Corporate_Center"></a><a name="RG_MARKER_137584"></a><a name="RG_MARKER_137732"></a></p>
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<p style="margin-bottom:30.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:28.0pt;line-height:28.0pt;">Group
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<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:14.25pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Group Functions<sup>1</sup></font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 width=21% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">As of or for the quarter ended</font></p>
  </td>
 <td width=1% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 width=14% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">% change from</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million, except where indicated</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.20</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">4Q20</font></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1Q20</font></p>
  </td>
 </tr>
<tr style="height:5.25pt;">
  <td width=63% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Results</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total operating income</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(90)&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;63&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(480)&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(81)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total operating expenses</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;49&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;225&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(71)&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(78)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Operating profit / (loss) before tax</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(139)&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(161)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(410)&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(14)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(66)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Group Treasury</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(104)&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(42)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(131)&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;151&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(20)&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Non-core and Legacy Portfolio</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;69&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(219)&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(93)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Group Services</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(39)&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(189)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(60)&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(79)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(34)&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:6.0pt;">
  <td width=63% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Additional information</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Risk-weighted assets (USD billion)<sup>2</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;28.3&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;28.7&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;31.3&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(9)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Leverage ratio denominator (USD billion)<sup>2,3</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;84.7&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;96.2&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;116.4&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(12)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(27)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td colspan=8 valign=top width=100% style="border:none;height:13.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 Comparatives may
  differ as a result of adjustments following organizational changes,
  restatements due to the retrospective adoption of new accounting standards or
  changes in accounting policies, and events after the reporting period.&#160;&#160;&#160;
  2&nbsp;Refer to the &#8220;Capital management&#8221; section of this report for more
  information.&#160;&#160;&#160; 3 The leverage ratio denominators for the respective periods
  in 2020 do not reflect the effects of the temporary exemption that applied
  from 25 March 2020 until 1 January 2021 and was granted by FINMA in
  connection with COVID-19. Refer to the &#8220;Regulatory and legal developments&#8221;
  section of our Annual Report 2020 for more information.</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;"><a name="Corporate_Center_bclEnd"></a></p>








<p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Results: 1Q21 vs 1Q20</font></b></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Group Functions recorded a loss before tax of USD&nbsp;139
million, compared with a loss of USD&nbsp;410 million.</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Group Treasury</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The Group Treasury result was negative USD&nbsp;104 million,
compared with negative USD&nbsp;131 million.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">This included net negative income of USD&nbsp;92 million from
accounting asymmetries, including hedge accounting ineffectiveness, compared
with net negative income of USD&nbsp;167 million.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Income related to centralized Group Treasury risk management
was negative USD&nbsp;2 million, compared with negative USD&nbsp;77 million,
mainly driven by additional liquidity costs in relation to COVID-19 market
stress in the first quarter of 2020.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Operating expenses increased by USD&nbsp;108 million to
USD&nbsp;12 million, mainly due to a reduction in variable compensation booked
in the first quarter of 2020. This reduction was recorded in relation to
funding valuation losses booked within accounting asymmetries, which were largely
attributable to a widening of funding spreads on derivatives. </font></p>

<font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font><p style="margin:0mm;text-align:justify;text-indent:0mm;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Non-core
and Legacy Portfolio</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The Non-core and Legacy Portfolio result was positive USD&nbsp;5
million, compared with negative USD&nbsp;219 million. This result was mainly
due to valuation gains of USD&nbsp;61 million on our USD&nbsp;1.6 billion
portfolio of auction rate securities (ARS), compared with valuation losses of
USD&nbsp;143 million in the same period last year. Our remaining exposures to
ARS were all rated investment grade as of 31&nbsp;March 2021.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><a name="_Hlk69147430"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">In addition, the first quarter of 2020
included credit loss expenses of USD&nbsp;16 million.</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><a name="_Hlk53677337"></a><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Group Services</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The Group Services result was negative USD&nbsp;39 million,
compared with negative USD&nbsp;60 million. <a name="_Hlk53677399"></a>This mainly
resulted from lower funding costs related to deferred tax assets.</font></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:6.0pt;">&#160;&nbsp;</font></p>








<p style="margin-bottom:30.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="Selected_fin_inf"></a><a name="RG_MARKER_142511"></a><a name="RG_MARKER_142512"></a></p>
<DIV bclFooter>

 <p align=right style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:right;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">23</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_28"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">Selected financial information of our business
 divisions and Group Functions</font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
<p style="margin-bottom:30.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:28.0pt;line-height:28.0pt;">Selected financial information of <a name="RG_MARKER_142511_bclEnd"></a><a name="RG_MARKER_142512_bclEnd"></a>our business divisions and
Group Functions<a name="Selected_fin_inf_bclEnd"></a></font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:11.25pt;">
  <td colspan=8 width=100% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Selected financial information of our business divisions and
  Group Functions<sup>1</sup></font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=50% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=6 width=49% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">For the quarter ended 31.3.21</font></b></p>
  </td>
 </tr>
<tr style="height:28.5pt;">
  <td valign=bottom width=50% style="border:none;border-bottom:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:28.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Global Wealth Management</font></b></p>
  </td>
 <td valign=bottom width=8% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Personal &amp;</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Corporate</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Banking</font></b></p>
  </td>
 <td valign=bottom width=8% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Asset </font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Manage-</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">ment</font></b></p>
  </td>
 <td valign=bottom width=8% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Investment Bank</font></b></p>
  </td>
 <td valign=bottom width=8% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Group Functions</font></b></p>
  </td>
 <td valign=bottom width=8% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=50% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Operating income</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,848&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,037&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;637&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,273&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(90)&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,705&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=50% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=50% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Operating expenses</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,439&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;647&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;410&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,862&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;49&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,407&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=50% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=50% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Operating profit / (loss) before tax</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,409&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;389&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;227&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;412&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(139)&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,298&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=top width=50% style="border:none;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="border:none;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=8% style="border:none;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=8% style="border:none;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=8% style="border:none;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=8% style="border:none;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=8% style="border:none;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td valign=bottom width=50% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=1% style="height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=6 width=49% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">For the quarter ended 31.12.20</font></p>
  </td>
 </tr>
<tr style="height:29.25pt;">
  <td valign=bottom width=50% style="border:none;border-bottom:solid #74726F 1.0pt;height:29.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:29.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:29.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Global Wealth Management</font></p>
  </td>
 <td valign=bottom width=8% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:29.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Personal &amp;</font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Corporate</font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Banking</font></p>
  </td>
 <td valign=bottom width=8% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:29.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Asset </font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Manage-</font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">ment</font></p>
  </td>
 <td valign=bottom width=8% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:29.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Investment Bank</font></p>
  </td>
 <td valign=bottom width=8% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:29.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Group Functions</font></p>
  </td>
 <td valign=bottom width=8% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:29.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=50% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Operating income</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,277&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;992&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;774&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,011&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;63&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,117&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=50% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: valuation gain on auction rate securities<sup>2</sup></font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;134&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;134&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=50% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=50% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Operating expenses</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,412&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;640&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;372&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,482&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;225&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,132&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=50% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: impairment of internally generated software<sup>3</sup></font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;67&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;67&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=50% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=50% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Operating profit / (loss) before tax</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;864&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;353&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;401&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;529&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(161)&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,985&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=50% style="border:none;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td valign=bottom width=50% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=1% style="height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=6 width=49% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">For the quarter ended 31.3.20</font></p>
  </td>
 </tr>
<tr style="height:29.25pt;">
  <td valign=bottom width=50% style="border:none;border-bottom:solid #74726F 1.0pt;height:29.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:29.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:29.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Global Wealth Management</font></p>
  </td>
 <td valign=bottom width=8% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:29.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Personal &amp;</font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Corporate</font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Banking</font></p>
  </td>
 <td valign=bottom width=8% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:29.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Asset </font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Manage-</font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">ment</font></p>
  </td>
 <td valign=bottom width=8% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:29.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Investment Bank</font></p>
  </td>
 <td valign=bottom width=8% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:29.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Group Functions</font></p>
  </td>
 <td valign=bottom width=8% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:29.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=50% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Operating income</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,547&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;904&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;514&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,449&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(480)&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7,934&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=50% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=50% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Operating expenses</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,329&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;570&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;357&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,741&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(71)&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,926&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=50% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: net restructuring expenses</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;61&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;19&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;86&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=50% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=50% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Operating profit / (loss) before tax</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,218&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;334&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;157&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;709&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(410)&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,008&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:33.0pt;">
  <td colspan=8 valign=top width=100% style="border:none;height:33.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 The &#8220;of which&#8221;
  components of operating income and operating expenses disclosed in this table
  are items that are not recurring or necessarily representative of the
  underlying business performance for the reporting period specified.&#160;&#160;&#160; 2
  Reflects a valuation gain recognized as a result of a recovery in underlying
  market conditions, following a change in valuation methodology. Refer to
  &#8220;Note 21 Fair value measurement&#8221; in the &#8220;Consolidated financial statements&#8221;
  section of our Annual Report 2020 for more information. This gain was more
  than offset by valuation losses recognized earlier in 2020.&#160;&#160;&#160; 3 Relates to
  impairment of internally generated software resulting from a decision in the
  fourth quarter of 2020 to not proceed with an internal business transfer from
  UBS Switzerland AG to UBS AG.</font></p>
  </td>
 </tr>
</table></div>












<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#160;&nbsp;</font></p>








<p style="margin-bottom:28.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="RG_MARKER_137575"></a><a name="RG_MARKER_137630"></a></p>
<DIV bclFooter>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:justify;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">24</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_29"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

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 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font color=#006600 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

</DIV>
<p style="margin-bottom:28.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:70.0pt;line-height:70.0pt;">Risk,
<a name="RG_MARKER_137575_bclEnd"></a><a name="RG_MARKER_137630_bclEnd"></a>capital,
liquidity and funding, and balance sheet</font></p>

<p style="margin:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:12.0pt;">Management report</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>










<p style="margin-bottom:30.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="RG_MARKER_140934"></a></p>
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</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_30"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

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 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font color=#006600 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

</DIV>
<p style="margin-bottom:30.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:16.0pt;line-height:18.0pt;">Table of con<a name=dummy></a><a name="dummy_bclEnd"></a><a name="RG_MARKER_140934_bclEnd"></a>tents</font></p>










<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;margin-left:4.85pt;margin-right:4.85pt;width:100%;">
 <tr style="height:12.75pt;">
  <td width=11% style="height:12.75pt;padding:0mm 5.65pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">27</font></b></p>
  </td>
 <td width=89% style="height:12.75pt;padding:0mm 1.4pt 0mm 0mm;">
  <p style="margin:0mm;"><a name="RG_MARKER_137733"></a><a name="RG_MARKER_137617"></a><a href="#Risk_management_and_control"><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Risk management and control</font></b></a><a name="RG_MARKER_137733_bclEnd"></a><a name="RG_MARKER_137617_bclEnd"></a></p>
  </td>
 <td>&nbsp;</td>
 </tr>
<tr style="height:12.75pt;">
  <td width=11% style="height:12.75pt;padding:0mm 5.65pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">27</font></b></p>
  </td>
 <td width=89% style="height:12.75pt;padding:0mm 1.4pt 0mm 0mm;">
  <p style="margin:0mm;"><a href="#Credit_risk_EN"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Credit risk</font></a></p>
  </td>
 <td>&nbsp;</td>
 </tr>
<tr style="height:12.75pt;">
  <td width=11% style="height:12.75pt;padding:0mm 5.65pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">30</font></b></p>
  </td>
 <td width=89% style="height:12.75pt;padding:0mm 1.4pt 0mm 0mm;">
  <p style="margin:0mm;"><a href="#Market_risk_EN"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Market risk</font></a></p>
  </td>
 <td>&nbsp;</td>
 </tr>
<tr style="height:12.75pt;">
  <td width=11% style="height:12.75pt;padding:0mm 5.65pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">31</font></b></p>
  </td>
 <td width=89% style="height:12.75pt;padding:0mm 1.4pt 0mm 0mm;">
  <p style="margin:0mm;"><a href="#Country_risk_EN"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Country risk</font></a></p>
  </td>
 <td>&nbsp;</td>
 </tr>
<tr style="height:12.75pt;">
  <td width=11% style="height:12.75pt;padding:0mm 5.65pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">31</font></b></p>
  </td>
 <td width=89% style="height:12.75pt;padding:0mm 1.4pt 0mm 0mm;">
  <p style="margin:0mm;"><a href="#Non_financial_risk_EN"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Operational risk</font></a></p>
  </td>
 <td>&nbsp;</td>
 </tr>
<tr style="height:12.75pt;">
  <td width=11% style="height:12.75pt;padding:0mm 5.65pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=89% style="height:12.75pt;padding:0mm 1.4pt 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></b></p>
  </td>
 <td>&nbsp;</td>
 </tr>
<tr style="height:12.75pt;">
  <td width=11% style="height:12.75pt;padding:0mm 5.65pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">33</font></b></p>
  </td>
 <td width=89% style="height:12.75pt;padding:0mm 1.4pt 0mm 0mm;">
  <p style="margin:0mm;"><a href="#Capital_management_EN"><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Capital management</font></b></a></p>
  </td>
 <td>&nbsp;</td>
 </tr>
<tr style="height:12.75pt;">
  <td width=11% style="height:12.75pt;padding:0mm 5.65pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">34</font></b></p>
  </td>
 <td width=89% style="height:12.75pt;padding:0mm 1.4pt 0mm 0mm;">
  <p style="margin:0mm;"><a href="#Swiss_SRB_Basel_3_cap_framework_E"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Swiss SRB requirements and
  information</font></a></p>
  </td>
 <td>&nbsp;</td>
 </tr>
<tr style="height:12.75pt;">
  <td width=11% style="height:12.75pt;padding:0mm 5.65pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">35</font></b></p>
  </td>
 <td width=89% style="height:12.75pt;padding:0mm 1.4pt 0mm 0mm;">
  <p style="margin:0mm;"><a href="#Total_Loss_capacity_EN"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Total loss-absorbing capacity</font></a></p>
  </td>
 <td>&nbsp;</td>
 </tr>
<tr style="height:12.75pt;">
  <td width=11% style="height:12.75pt;padding:0mm 5.65pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">39</font></b></p>
  </td>
 <td width=89% style="height:12.75pt;padding:0mm 1.4pt 0mm 0mm;">
  <p style="margin:0mm;"><a href="#RWA_EN"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Risk-weighted assets</font></a></p>
  </td>
 <td>&nbsp;</td>
 </tr>
<tr style="height:12.75pt;">
  <td width=11% style="height:12.75pt;padding:0mm 5.65pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">41</font></b></p>
  </td>
 <td width=89% style="height:12.75pt;padding:0mm 1.4pt 0mm 0mm;">
  <p style="margin:0mm;"><a href="#LRD_EN"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Leverage ratio denominator</font></a></p>
  </td>
 <td>&nbsp;</td>
 </tr>
<tr style="height:12.75pt;">
  <td width=11% style="height:12.75pt;padding:0mm 5.65pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">43</font></b></p>
  </td>
 <td width=89% style="height:12.75pt;padding:0mm 1.4pt 0mm 0mm;">
  <p style="margin:0mm;"><a href="#Equity_attribution_and_return_EN"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Equity attribution and return on
  attributed equity</font></a></p>
  </td>
 <td>&nbsp;</td>
 </tr>
<tr style="height:12.75pt;">
  <td width=11% style="height:12.75pt;padding:0mm 5.65pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=89% style="height:12.75pt;padding:0mm 1.4pt 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>
  </td>
 <td>&nbsp;</td>
 </tr>
<tr style="height:12.75pt;">
  <td width=11% style="height:12.75pt;padding:0mm 5.65pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">44</font></b></p>
  </td>
 <td width=89% style="height:12.75pt;padding:0mm 1.4pt 0mm 0mm;">
  <p style="margin:0mm;"><a href="#Liq_and_funding_mgmt_EN"><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Liquidity and funding management</font></b></a></p>
  </td>
 <td>&nbsp;</td>
 </tr>
<tr style="height:12.75pt;">
  <td width=11% style="height:12.75pt;padding:0mm 5.65pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">44</font></b></p>
  </td>
 <td width=89% style="height:12.75pt;padding:0mm 1.4pt 0mm 0mm;">
  <p style="margin:0mm;"><a href="#Strategy_objectives_and_governanc"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Strategy, objectives and governance</font></a></p>
  </td>
 <td>&nbsp;</td>
 </tr>
<tr style="height:12.75pt;">
  <td width=11% style="height:12.75pt;padding:0mm 5.65pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">44</font></b></p>
  </td>
 <td width=89% style="height:12.75pt;padding:0mm 1.4pt 0mm 0mm;">
  <p style="margin:0mm;"><a href="#LCR_EN"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Liquidity coverage ratio</font></a></p>
  </td>
 <td>&nbsp;</td>
 </tr>
<tr style="height:12.75pt;">
  <td width=11% style="height:12.75pt;padding:0mm 5.65pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">44</font></b></p>
  </td>
 <td width=89% style="height:12.75pt;padding:0mm 1.4pt 0mm 0mm;">
  <p style="margin:0mm;"><a href="#net_stable_funding_ratio_EN"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Net stable funding ratio</font></a></p>
  </td>
 <td>&nbsp;</td>
 </tr>
<tr style="height:12.75pt;">
  <td width=11% style="height:12.75pt;padding:0mm 5.65pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=89% style="height:12.75pt;padding:0mm 1.4pt 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>
  </td>
 <td>&nbsp;</td>
 </tr>
<tr style="height:12.75pt;">
  <td width=11% style="height:12.75pt;padding:0mm 5.65pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">45</font></b></p>
  </td>
 <td width=89% style="height:12.75pt;padding:0mm 1.4pt 0mm 0mm;">
  <p style="margin:0mm;"><a href="#Balance_sheet_narratives_EN"><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Balance sheet and off-balance
  sheet</font></b></a></p>
  </td>
 <td>&nbsp;</td>
 </tr>
<tr style="height:12.75pt;">
  <td width=11% style="height:12.75pt;padding:0mm 5.65pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">45</font></b></p>
  </td>
 <td width=89% style="height:12.75pt;padding:0mm 1.4pt 0mm 0mm;">
  <p style="margin:0mm;"><a name="Strategy_objectives_EN"></a><a href="#Strategy_objectives_gov_EN"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Strategy, objectives and governance</font></a><a name="Strategy_objectives_EN_bclEnd"></a></p>
  </td>
 <td>&nbsp;</td>
 </tr>
 <tr style="height:12.75pt;">
  <td width=11% style="height:12.75pt;padding:0mm 5.65pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">45</font></b></p>
  </td>
 <td width=89% style="height:12.75pt;padding:0mm 1.4pt 0mm 0mm;">
  <p style="margin:0mm;"><a href="#Balance_sheet_assets_EN"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Balance sheet assets </font></a></p>
  </td>
 <td>&nbsp;</td>
 </tr>
<tr style="height:12.75pt;">
  <td width=11% style="height:12.75pt;padding:0mm 5.65pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">45</font></b></p>
  </td>
 <td width=89% style="height:12.75pt;padding:0mm 1.4pt 0mm 0mm;">
  <p style="margin:0mm;"><a href="#Liabiliteis_EN"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Liabilities </font></a></p>
  </td>
 <td>&nbsp;</td>
 </tr>
<tr style="height:12.75pt;">
  <td width=11% style="height:12.75pt;padding:0mm 5.65pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">46</font></b></p>
  </td>
 <td width=89% style="height:12.75pt;padding:0mm 1.4pt 0mm 0mm;">
  <p style="margin:0mm;"><a href="#Equity_EN"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Equity </font></a></p>
  </td>
 <td>&nbsp;</td>
 </tr>
<tr style="height:12.75pt;">
  <td width=11% style="height:12.75pt;padding:0mm 5.65pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">47</font></b></p>
  </td>
 <td width=89% style="height:12.75pt;padding:0mm 1.4pt 0mm 0mm;">
  <p style="margin:0mm;"><a href="#Off_balance_sheet_EN"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Off-balance sheet </font></a></p>
  </td>
 <td>&nbsp;</td>
 </tr>
<tr style="height:12.75pt;">
  <td width=11% style="height:12.75pt;padding:0mm 5.65pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=89% style="height:12.75pt;padding:0mm 1.4pt 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>
  </td>
 <td>&nbsp;</td>
 </tr>
<tr style="height:18.95pt;">
  <td width=11% style="height:18.95pt;padding:0mm 5.65pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">48</font></b></p>
  </td>
 <td width=89% style="height:18.95pt;padding:0mm 1.4pt 0mm 0mm;">
  <p style="margin:0mm;"><a href="#UBS_shares_EN"><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Share information and earnings per share</font></b></a></p>
  </td>
 <td>&nbsp;</td>
 </tr>
</table></div>


<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#160;&nbsp;</font></p>








<p style="margin-bottom:30.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="RG_MARKER_137617_0"></a><a name="RG_MARKER_137733_0"></a></p>
<DIV bclFooter>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:justify;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">26</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_31"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font color=#006600 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

</DIV>
<p style="margin-bottom:30.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:28.0pt;line-height:28.0pt;">Risk management and control<a name="Risk_management_and_control"></a><a name="RG_MARKER_137617_0_bclEnd"></a><a name="RG_MARKER_137733_0_bclEnd"></a><a name="Risk_management_and_control_bclEnd"></a></font></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">This section provides information about key
developments during the reporting period and should be read in conjunction with
the &#8220;Risk management and control&#8221; section of our Annual Report 2020.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The ongoing COVID-19 pandemic and the associated containment measures
continue to cause economic dislocation. The related effects on credit, market,
country and operational risk in the first quarter of 2021 are reflected in the
following sections.</font></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to the &#8220;Recent developments&#8221; section
of this report for more information about our response to COVID-19 </font></b></p>

<b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font></b><p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="Credit_risk_EN"></a><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Credit
risk </font></b></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><a name="Credit_risk_EN_bclEnd"></a><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Credit loss expense /
release</font></p>

<p style="margin:0mm;text-align:justify;text-indent:0mm;"><a name="_Hlk45281421"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Total net
credit loss releases were USD&nbsp;28 million, reflecting net releases of USD&nbsp;26
million related to stage&nbsp;1 and 2 positions and net releases of USD&nbsp;3 million
related to credit-impaired (stage&nbsp;3) positions.</font></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to &#8220;Note 7 Expected credit loss
measurement&#8221; in the &#8220;Consolidated financial statements&#8221; section of this report
for more information about credit loss expense / release</font></b></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to &#8220;Note 1 Summary of significant
accounting policies&#8221;, &#8220;Note 9 Financial assets at amortized cost and other positions
in scope of expected credit loss measurement&#8221; and &#8220;Note 20 Expected credit loss
measurement&#8221; in the &#8220;Consolidated financial statements&#8221; section of our Annual
Report 2020 for more information about the scenario updates</font></b></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:11.25pt;">
  <td width=35% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Credit loss (expense) / release</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:28.5pt;">
  <td valign=bottom width=35% style="border:none;border-bottom:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Global </font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Wealth </font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Management</font></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Personal &amp; </font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Corporate </font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Banking</font></p>
  </td>
 <td valign=bottom width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Asset</font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Management</font></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Investment </font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Bank</font></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Group </font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Functions</font></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=35% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">For the quarter ended 31.3.21</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=35% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stages 1 and 2</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;26&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=35% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 3</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(4)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=35% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total credit loss (expense) / release</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;23&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;28&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=35% style="border:none;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=35% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">For the quarter ended 31.12.20</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=35% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stages 1 and 2</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;18&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;33&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=35% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 3</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(108)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(4)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(99)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=35% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total credit loss (expense) / release</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;22&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(91)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(5)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(66)&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=35% style="border:none;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>









<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>









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 <p align=right style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:right;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">27</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

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</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_32"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

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 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">Risk, capital, liquidity and funding, and
 balance sheet | Risk management and control</font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Overall
banking products exposures</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Overall banking products exposure decreased marginally,
by USD&nbsp;2 billion to USD&nbsp;637 billion as of 31&nbsp;March 2021.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The credit-impaired gross exposure decreased by USD&nbsp;325 million
to USD&nbsp;3,453 million. The decrease stemmed mainly from Global Wealth
Management and Personal &amp; Corporate Banking.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">In Personal &amp; Corporate Banking, loans and advances to
customers decreased by USD&nbsp;7.9 billion, mainly driven by the effects of
the US dollar appreciating against the Swiss franc on a mostly Swiss
franc-denominated portfolio. In Global Wealth Management, the USD&nbsp;6.1
billion increase in loans and advances to customers was mainly driven by higher
volumes of Lombard loans in the US and Asia Pacific. In the Investment Bank,
loans and advances to customers decreased by USD&nbsp;1.2 billion.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Exposure related to traded products increased by USD&nbsp;5.2
billion during the first quarter of 2021, driven by a combination of increased
market movements and client activity in both the Investment Bank and Global
Wealth Management. </font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Committed credit facilities</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">We did not observe an increase in drawing of committed
credit facilities by clients in the first quarter of 2021. We manage our credit
risk on the aggregate of drawn and committed undrawn credit facilities and
model full drawing of committed facilities in our stress testing framework. </font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Loan underwriting</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">In the Investment Bank, new loan underwriting activity
and distributions continued to be robust during the first quarter of 2021. As
of 31&nbsp;March 2021, mandated loan underwriting commitments totaled USD&nbsp;4.5
billion on a notional basis (compared with USD&nbsp;4.9 billion as of
31&nbsp;December 2020). As of 31&nbsp;March 2021, USD&nbsp;0.3 billion of
commitments had not yet been distributed as originally planned.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Loan underwriting exposures are held for trading, with fair values
reflecting the market conditions at the end of the quarter. Credit hedges are
in place to help protect against fair value movements in the portfolio.</font></p>

<font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font><p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Swiss mortgage portfolio</font></p>

<p style="margin:0mm;text-align:justify;"><a name="_Hlk45047220"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Of our USD&nbsp;159 billion total
Swiss real estate portfolio, USD&nbsp;144 billion related to residential real
estate, USD&nbsp;6 billion to commercial retail and office real estate, and USD&nbsp;9
billion to industrial and other real estate.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><a name="_Hlk45047251"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The residential portfolio consists of USD&nbsp;119
billion for single-family homes (average LTV of 54%) and USD&nbsp;25 billion in
residential income-producing real estate (average LTV of 52%). We are also
carefully monitoring the level of risk in our Swiss commercial retail and
office real estate portfolio (average LTV of 45%) and its resilience to the
economic impact of COVID-19. </font></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to the &#8220;Risk management and control&#8221;
section of our Annual Report 2020 for more information about our Swiss mortgage
portfolio</font></b></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Exposure to the Swiss economy and Swiss corporates</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Within Personal &amp; Corporate Banking, certain
industry sectors continue to exhibit higher risk due to COVID-19 and the
associated containment measures. Industries with a negative outlook include
tourism and media, and, to a lesser degree: retail; culture, sports and
education; and watches. Our exposure to the tourism sector (including hotels,
restaurants and transport) totaled USD&nbsp;2.0 billion as of 31&nbsp;March 2021,
with hotels accounting for USD&nbsp;1.0 billion of this exposure. Our other
exposures included the following: USD&nbsp;1.5 billion to the retail sector; USD&nbsp;1.0
billion to the culture, sports and education sector; USD&nbsp;0.3 billion to
the watch sector; and USD&nbsp;0.2 billion to the media sector. Apart from a
few large counterparties, our exposures within these sectors are highly
diversified across Switzerland.</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>




<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>









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 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:justify;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">28</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

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 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font color=#006600 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

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<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:11.25pt;">
  <td colspan=8 width=100% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Banking and traded
  products exposure in our business divisions and Group Functions</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=43% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=6 width=56% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 </tr>
<tr style="height:30.0pt;">
  <td valign=bottom width=43% style="border:none;border-bottom:solid #74726F 1.0pt;height:30.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:30.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:30.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Global Wealth</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Management</font></b></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:30.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Personal &amp;</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Corporate</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Banking</font></b></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:30.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Asset </font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Management</font></b></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:30.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Investment </font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Bank</font></b></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:30.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Group </font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Functions</font></b></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:30.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total</font></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=43% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Banking products<sup>1</sup></font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=43% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Gross exposure</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;312,061&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;216,848&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,033&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;58,459&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;46,637&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;637,037&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=43% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: loans and advances to customers (on-balance sheet)</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;214,417&nbsp;</font></i></b></p>
  </td>
 <td width=10% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;146,027&nbsp;</font></i></b></p>
  </td>
 <td width=9% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></i></b></p>
  </td>
 <td width=9% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12,799&nbsp;</font></i></b></p>
  </td>
 <td width=9% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,547&nbsp;</font></i></b></p>
  </td>
 <td width=9% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;377,791&nbsp;</font></i></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=43% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: guarantees and loan commitments (off-balance sheet)</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=10% style="background:white;border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9,787&nbsp;</font></i></b></p>
  </td>
 <td width=10% style="background:white;border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;26,969&nbsp;</font></i></b></p>
  </td>
 <td width=9% style="background:white;border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></b></p>
  </td>
 <td width=9% style="background:white;border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15,747&nbsp;</font></i></b></p>
  </td>
 <td width=9% style="background:white;border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,128&nbsp;</font></i></b></p>
  </td>
 <td width=9% style="background:white;border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;55,630&nbsp;</font></i></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=43% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Traded products<sup>2,3</sup></font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=43% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Gross exposure</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11,746&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;812&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td colspan=2 width=18% style="background:#E6E6E6;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;43,944&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;56,502&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=43% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: over-the-counter derivatives</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,956&nbsp;</font></i></b></p>
  </td>
 <td width=10% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;795&nbsp;</font></i></b></p>
  </td>
 <td width=9% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></b></p>
  </td>
 <td colspan=2 width=18% style="background:#E6E6E6;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14,413&nbsp;</font></i></b></p>
  </td>
 <td width=9% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;24,164&nbsp;</font></i></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=43% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: securities financing transactions</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></b></p>
  </td>
 <td width=10% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></b></p>
  </td>
 <td width=9% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></b></p>
  </td>
 <td colspan=2 width=18% style="background:#E6E6E6;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;21,273&nbsp;</font></i></b></p>
  </td>
 <td width=9% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;21,273&nbsp;</font></i></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=43% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: exchange-traded derivatives</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=10% style="background:white;border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,790&nbsp;</font></i></b></p>
  </td>
 <td width=10% style="background:white;border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;17&nbsp;</font></i></b></p>
  </td>
 <td width=9% style="background:white;border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></b></p>
  </td>
 <td colspan=2 width=18% style="background:#E6E6E6;border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,258&nbsp;</font></i></b></p>
  </td>
 <td width=9% style="background:white;border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11,065&nbsp;</font></i></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=43% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other credit lines, gross<sup>4</sup></font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11,322&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;23,925&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,148&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;29&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;39,424&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=43% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=43% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total credit-impaired exposure, gross (stage 3)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,105&nbsp;</font></b></p>
  </td>
 <td width=10% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,899&nbsp;</font></b></p>
  </td>
 <td width=9% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=9% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;443&nbsp;</font></b></p>
  </td>
 <td width=9% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7&nbsp;</font></b></p>
  </td>
 <td width=9% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,453&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=43% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total allowances and provisions for expected credit losses
  (stages 1 to 3)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;304&nbsp;</font></b></p>
  </td>
 <td width=10% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;769&nbsp;</font></b></p>
  </td>
 <td width=9% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></b></p>
  </td>
 <td width=9% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;295&nbsp;</font></b></p>
  </td>
 <td width=9% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9&nbsp;</font></b></p>
  </td>
 <td width=9% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,378&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=43% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: stage 1</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;99&nbsp;</font></i></b></p>
  </td>
 <td width=10% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;125&nbsp;</font></i></b></p>
  </td>
 <td width=9% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></b></p>
  </td>
 <td width=9% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;74&nbsp;</font></i></b></p>
  </td>
 <td width=9% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></i></b></p>
  </td>
 <td width=9% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;301&nbsp;</font></i></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=43% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: stage 2</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;51&nbsp;</font></i></b></p>
  </td>
 <td width=10% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;186&nbsp;</font></i></b></p>
  </td>
 <td width=9% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></b></p>
  </td>
 <td width=9% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;53&nbsp;</font></i></b></p>
  </td>
 <td width=9% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;290&nbsp;</font></i></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=43% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: stage 3 (allowances and provisions for credit-impaired
  exposures)</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=10% style="background:white;border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;153&nbsp;</font></i></b></p>
  </td>
 <td width=10% style="background:white;border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;458&nbsp;</font></i></b></p>
  </td>
 <td width=9% style="background:white;border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></i></b></p>
  </td>
 <td width=9% style="background:white;border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;169&nbsp;</font></i></b></p>
  </td>
 <td width=9% style="background:white;border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6&nbsp;</font></i></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;787&nbsp;</font></i></b></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=43% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=43% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=6 width=56% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 </tr>
<tr style="height:30.0pt;">
  <td valign=bottom width=43% style="border:none;border-bottom:solid #74726F 1.0pt;height:30.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:30.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:30.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Global Wealth Management</font></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:30.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Personal &amp;</font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Corporate</font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Banking</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:30.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Asset </font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Management</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:30.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Investment </font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Bank</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:30.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Group</font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Functions</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:30.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=43% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Banking products<sup>1</sup></font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=43% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Gross exposure</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;300,368&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;227,139&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,374&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;56,237&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;52,199&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;639,317&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=43% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: loans and advances to customers (on-balance sheet)</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;208,324&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;153,975&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13,964&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,324&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;380,589&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=43% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: guarantees and loan commitments (off-balance sheet)</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10,153&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;28,814&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15,936&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,550&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;58,453&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=43% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Traded products<sup>2,3</sup></font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=43% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Gross exposure</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9,919&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,201&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td colspan=2 width=18% style="background:#E6E6E6;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;40,215&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;51,335&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=43% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: over-the-counter derivatives</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,946&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,182&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td colspan=2 width=18% style="background:#E6E6E6;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11,236&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;19,364&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=43% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: securities financing transactions</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td colspan=2 width=18% style="background:#E6E6E6;border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;21,753&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;21,753&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=43% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: exchange-traded derivatives</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,973&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;19&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td colspan=2 width=18% style="background:#E6E6E6;border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7,227&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10,218&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=43% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other credit lines, gross<sup>4</sup></font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12,201&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;24,950&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,952&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;31&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;40,134&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=43% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=43% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total credit-impaired exposure, gross (stage 3)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,324&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,997&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;450&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,778&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=43% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total allowances and provisions for expected credit losses
  (stages 1 to 3)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;318&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;842&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;298&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,468&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=43% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: stage 1</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;103&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;130&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;70&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;306&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=43% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: stage 2</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;54&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;216&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;63&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;333&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=43% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: stage 3 (allowances and provisions for credit-impaired
  exposures)</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;160&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;497&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;165&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;829&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:22.5pt;">
  <td colspan=8 valign=top width=100% style="border:none;height:22.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 IFRS 9 gross
  exposure including other financial assets at amortized cost, but excluding
  cash, receivables from securities financing transactions, cash collateral
  receivables on derivative instruments, financial assets at FVOCI, irrevocable
  committed prolongation of existing loans and unconditionally revocable
  committed credit lines, and forward starting reverse repurchase and
  securities borrowing agreements.&#160;&#160;&#160; 2 Internal management view of credit
  risk, which differs in certain respects from IFRS.&#160;&#160;&#160; 3 As counterparty risk
  for traded products is managed at counterparty level, no further split
  between exposures in the Investment Bank and Group Functions is provided.&#160;&#160;&#160;
  4 Unconditionally revocable committed credit lines.&#160;&#160; </font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:14.25pt;">
  <td colspan=7 width=100% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Global Wealth Management and Personal &amp; Corporate Banking
  loans and advances to customers, gross</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=55% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 width=22% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Global Wealth Management</font></p>
  </td>
 <td width=1% style="border:none;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 width=21% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Personal &amp; Corporate Banking</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=55% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=11% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=10% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=55% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Secured by residential property</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;59,114&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;60,021&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;105,205&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;111,554&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=55% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Secured by commercial / industrial property<sup>1</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,243&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,273&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;18,694&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;19,623&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=55% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Secured by cash</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;22,155&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;22,722&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,594&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,860&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=55% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Secured by securities</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;112,359&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;104,652&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,783&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,003&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=55% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Secured by guarantees and other collateral</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15,564&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15,605&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7,011&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,942&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=55% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Unsecured loans and advances to customers</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,980&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,051&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10,739&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10,994&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=55% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total loans and advances to customers, gross</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;214,417&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;208,324&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;146,027&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;153,975&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=55% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Allowances</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(186)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(190)&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(616)&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(676)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=55% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total loans and advances to customers, net of allowances</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;214,231&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;208,134&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;145,411&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;153,299&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td colspan=7 valign=top width=100% style="border:none;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 Includes
  exposures with mixed collateral as security, where the primary purpose of the
  loan is not to finance a specific property.</font></p>
  </td>
 </tr>
</table></div>






<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:6.0pt;">&nbsp;</font></p>








<p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="_Hlk69367294"></a><a name="Market_risk_EN"></a></p>
<DIV bclFooter>

 <p align=right style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:right;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">29</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_34"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">Risk, capital, liquidity and funding, and
 balance sheet | Risk management and control</font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
<p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Market risk</font></b></p>

<p style="margin:0mm;text-align:justify;"><a name="Market_risk_EN_bclEnd"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">We continued to maintain
generally low levels of management value-at-risk (VaR). Average management VaR
(1&#8209;day, 95% confidence level) increased marginally, from USD&nbsp;11
million in the fourth quarter of 2020 to USD&nbsp;12 million.</font></p>

<font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font><p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">There was one Group VaR negative backtesting exception in the
first quarter of 2021 related to a loss in the prime brokerage business as
explained in the Group performance section of this report. There were no
further negative backtesting exceptions within the most recent 250-business-day
window, and therefore, the Swiss Financial Market Supervisory Authority (FINMA)
VaR multiplier derived from backtesting exceptions for market risk risk-weighted
assets remained unchanged compared with the prior quarter, at 3.0.</font></p>








<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:26.25pt;">
  <td colspan=11 width=100% style="border:none;border-bottom:solid #74726F 1.0pt;height:26.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Management value-at-risk (1-day, 95% confidence, 5 years of
  historical data) of our business divisions and</font></b></p>
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Group Functions by general market risk type<sup>1</sup></font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=19% style="border:none;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=5 width=45% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Average by risk type</font></b></p>
  </td>
 </tr>
<tr style="height:19.5pt;">
  <td valign=bottom width=19% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Min.</font></b></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Max.</font></b></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Period end</font></b></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Average</font></b></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Equity</font></b></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Interest</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">rates</font></b></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Credit</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">spreads</font></b></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Foreign</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">exchange</font></b></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Commodities</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=19% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Global Wealth Management</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=19% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Personal &amp; Corporate Banking</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=19% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Asset Management</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=19% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Investment Bank</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;36&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;35&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=19% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Group Functions</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=19% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Diversification effect<sup>2,3</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(7)&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(6)&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(4)&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(6)&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1)&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=19% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total as of 31.3.21</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;36&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;36&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=19% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total as of 31.12.20</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=11 valign=top width=100% style="border:none;height:12.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 Statistics at
  individual levels may not be summed to deduce the corresponding aggregate
  figures. The minima and maxima for each level may occur on different days,
  and, likewise, the VaR for each business line or risk type, being driven by
  the extreme loss tail of the corresponding distribution of simulated profits
  and losses for that business line or risk type, may well be driven by
  different days in the historical time series, rendering invalid the simple
  summation of figures to arrive at the aggregate total.&#160;&#160;&#160; 2 The difference
  between the sum of the standalone VaR for the business divisions and Group
  Functions and the VaR for the Group as a whole.&#160;&#160;&#160; 3 As the minima and maxima
  for different business divisions and Group Functions occur on different days,
  it is not meaningful to calculate a portfolio diversification effect.</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">As of 31&nbsp;March 2021, the interest rate
sensitivity of our banking book to a +1-basis-point parallel shift in yield
curves was negative USD&nbsp;31.4 million, compared with negative USD&nbsp;27.2
million as of 31&nbsp;December 2020. The change in the interest rate sensitivity
was driven by the execution of transactions that aim to protect our net
interest income should interest rates decrease and the issuance of additional
tier 1 (AT1) capital instruments. The reported interest rate sensitivity
excludes the additional tier&nbsp;1 (AT1) capital instruments as per FINMA
Pillar&nbsp;3 disclosure requirements, with a sensitivity of USD&nbsp;5.2
million per basis point, and our equity, goodwill and real estate, with a
modeled sensitivity of USD&nbsp;21.4 million per basis point, of which USD&nbsp;5.2
million and USD&nbsp;15.3 million are attributable to the Swiss franc and the
US dollar portfolios, respectively. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The most adverse of the six FINMA interest rate scenarios was
the &#8220;Parallel up&#8221; scenario, which resulted in a change in the economic value of
equity of negative USD&nbsp;6.2 billion, representing a pro forma reduction of
11.0% of tier 1 capital, which is well below the regulatory outlier test of 15%
of tier 1 capital. The immediate effect of the &#8220;Parallel up&#8221; scenario on tier 1
capital as of 31&nbsp;March 2021 would be a reduction of 1.1%, or USD&nbsp;0.6
billion, arising from the part of our banking book that is measured at fair
value through profit or loss and from the financial assets measured at fair
value through other comprehensive income. This scenario would, however, have a
positive effect on net interest income.</font></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to &#8220;Interest rate risk in the banking
book&#8221; in the &#8220;Market risk&#8221; section of our Annual Report 2020</font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;font-style:normal;line-height:11.5pt;"> </font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">for more information about the management
of interest rate risk in the banking book</font></b></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to &#8220;Sensitivity to interest rate
movements&#8221; in the &#8220;Group performance&#8221; section of this report for more
information about the effects of increases in interest rates on the equity,
capital and net interest income of Global Wealth Management and Personal &amp;
Corporate Banking</font></b></p>








<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:14.25pt;">
  <td width=41% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Interest rate risk &#8211; banking book</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=41% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">+1 bp</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Parallel up<sup>1</sup></font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Parallel down<sup>1</sup></font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Steepener<sup>2</sup></font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Flattener<sup>3</sup></font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Short-term up<sup>4</sup></font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Short-term down<sup>5</sup></font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=41% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">CHF</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(4.9)&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(692.7)&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;784.9&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(360.2)&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;224.2&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(60.5)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;64.8&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=41% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">EUR</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1.2)&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(224.5)&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;250.4&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(61.8)&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;19.7&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(49.1)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;42.4&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=41% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">GBP</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5.1&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(7.9)&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(10.0)&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9.2&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12.9&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(10.2)&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=41% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(24.9)&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(5,153.4)&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,622.3&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1,185.5)&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(5.8)&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1,952.6)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,236.1&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=41% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.5)&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(113.5)&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(42.7)&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.8&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(42.8)&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(79.9)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(28.5)&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=41% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total effect on economic value of equity as per Pillar 3
  requirement as of 31.3.21</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(31.4)&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(6,179.0)&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,607.0&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1,616.6)&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;204.5&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2,129.3)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,304.7&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=41% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Additional tier 1 (AT1) capital instruments</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5.2&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;995.7&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1,088.6)&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;22.2&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;194.8&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;587.3&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(612.6)&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=41% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total including AT1 capital instruments as of 31.3.21</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(26.2)&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(5,183.2)&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,518.4&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1,594.4)&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;399.3&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1,542.0)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,692.1&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=41% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total effect on economic value of equity as per Pillar 3
  requirement as of 31.12.20</font></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(27.2)&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(5,604.8)&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,956.9&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(849.1)&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(394.1)&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2,332.7)&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,435.2&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=41% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total including AT1 capital instruments as of 31.12.20</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(23.0)&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(4,789.7)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,088.5&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(942.0)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(121.2)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1,759.1)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,836.2&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td colspan=8 valign=top width=100% style="border:none;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 Rates across all
  tenors move by &#177;150 bps for Swiss franc, &#177;200 bps for euro and US dollar and
  &#177;250 bps for pound sterling.&#160;&#160;&#160; 2 Short-term rates decrease and long-term
  rates increase.&#160;&#160;&#160; 3 Short-term rates increase and long-term rates
  decrease.&#160;&#160;&#160; 4 Short-term rates increase more than long-term rates.&#160;&#160;&#160; 5
  Short-term rates decrease more than long-term rates.</font></p>
  </td>
 </tr>
</table></div>











<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:6.0pt;">&nbsp;</font></p>

<p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="Country_risk_EN"></a></p>
<DIV bclFooter>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:justify;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">30</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_35"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font color=#006600 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

</DIV>
<p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Country risk </font></b></p>

<p style="margin:0mm;text-align:justify;"><a name="Country_risk_EN_bclEnd"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The COVID-19
pandemic, and its impact on growth, employment, debt dynamics and supply
chains, has become an important driver of country risk, and we expect this to
be the case for at least the near future. While case numbers have come down
amid vaccination roll-outs in some major economies, such as the US and the UK,
several large European countries (e.g., France, Germany and Italy) experienced
new COVID-19 spikes, which dampened the Eurozone growth outlook for the second
quarter of 2021. We expect measures taken by governments and central banks that
are intended to support their economies to give rise to increased sovereign risk.</font></p>

<font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font><p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">We remain watchful of developments in Europe and political
changes in a number of countries. Our direct exposure to peripheral European
countries is limited, although we have significant country risk exposure to the
major European economies, including the UK, Germany and France.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">We continue to monitor potential trade policy disputes, as
well as economic and political developments, notably in Hong Kong.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">A number of emerging markets are facing economic, political
and market pressures, particularly in light of challenges related to the COVID-19
pandemic. Our exposure to emerging market countries is well diversified.</font></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to the &#8220;Risk management and control&#8221;
section of our Annual Report 2020 for more information</font></b></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:8.25pt;">
  <td colspan=14 width=93% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Exposures to Eurozone countries rated lower than AAA / Aaa by at
  least one major rating agency </font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=27% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td valign=bottom width=1% style="border:none;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=10 width=57% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td valign=bottom width=1% style="border:none;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 width=14% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 </tr>
<tr style="height:20.25pt;">
  <td valign=bottom width=27% style="border:none;border-bottom:solid #74726F 1.0pt;height:20.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.0pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=1% style="height:20.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=16% style="border:none;border-bottom:solid #74726F 1.0pt;height:20.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Banking products, gross<sup>1</sup></font></b></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-top:solid #74726F 1.0pt;height:20.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=16% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:20.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Traded products</font></b></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-top:solid #74726F 1.0pt;height:20.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:20.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Trading inventory</font></b></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-top:solid #74726F 1.0pt;height:20.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=15% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:20.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total</font></b></p>
  </td>
 <td valign=bottom width=1% style="height:20.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.0pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=14% style="border:none;border-bottom:solid #74726F 1.0pt;height:20.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total</font></p>
  </td>
 </tr>
<tr style="height:19.5pt;">
  <td valign=bottom width=27% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Before</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">hedges</font></b></p>
  </td>
 <td width=8% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net of</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">hedges</font></b></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Before</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">hedges</font></b></p>
  </td>
 <td width=8% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net of</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">hedges</font></b></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net long per issuer</font></b></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net of</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">hedges</font></b></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net of</font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">hedges</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=27% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Austria</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;195&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;194&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;301&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;301&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;601&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,097&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,096&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,665&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,664&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=27% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Belgium</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;168&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;168&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;197&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;197&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;37&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;401&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;401&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;869&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;869&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=27% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Finland</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;21&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;21&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;63&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;63&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;222&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;305&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;305&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;394&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;394&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=27% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">France</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,453&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,452&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,913&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,788&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,141&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,507&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,381&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7,473&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7,344&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=27% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Greece</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;17&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;26&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;22&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;23&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=27% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Ireland</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;532&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;504&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;31&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;31&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;149&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;712&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;684&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;938&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;909&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=27% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Italy</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,212&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,175&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;247&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;246&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;54&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,513&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,475&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,571&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,528&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=27% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Portugal</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;30&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;30&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;51&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;51&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;55&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;55&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=27% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Spain</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;401&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;308&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;156&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;155&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;201&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;758&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;664&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;822&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;724&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=27% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other<sup>2</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;902&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;877&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;27&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;27&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;30&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;959&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;934&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,096&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,071&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=27% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,932&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,742&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,947&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,822&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,449&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14,328&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14,013&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14,907&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14,573&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td colspan=15 valign=top width=100% style="border:none;height:3.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 Before deduction
  of IFRS 9 ECL allowances and provisions.&#160;&#160;&#160; 2 Represents aggregate exposures
  to Andorra, Cyprus, Estonia, Latvia, Lithuania, Malta, Monaco, Montenegro,
  San Marino, Slovakia and Slovenia.</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>








<p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="Operational_risk"></a><a name="Non_financial_risk_EN"></a><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Operational risk<a name="Non_financial_risk_EN_bclEnd"></a></font></b></p>

<p style="margin:0mm;text-align:justify;text-indent:0mm;"><a name="_Hlk69744521"></a><a name="Operational_risk_bclEnd"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">Operational resilience,
conduct and financial crime remain the key non-financial risk themes for UBS
and the financial services industry. Operational resilience also continues to be
a focus area for regulators globally, with a particular emphasis on measures
taken to respond to the ongoing COVID-19 pandemic</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">.&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><a name="_Hlk69744635"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">To address
continuously developing regulatory requirements on resilience (including the Basel
Principles and the UK policy statement released on 31 March 2021), we have
established a global program to enhance our current capabilities. The existing
resilience built into our operations and the effectiveness of our business
continuity management and operational risk procedures (including those which
apply to third-party service providers) have been critical in handling the
ongoing COVID-19 pandemic and have enabled us to continue to serve our clients
without material impact. We have maintained stable operations while complying
with governmental requirements regarding containment that have been imposed in
many of our principal locations, and we remain focused on the safety and
well-being of our staff, with a particular focus on countries severely impacted
by the third wave</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">. &nbsp;</font></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-GB style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-GB style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp; &nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer
to the &#8220;Recent developments&#8221; section of this report for more information</font></b></p>

<font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font><p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">Increases in the sophistication of
cyberattacks and related frauds are being seen worldwide. To date, our security
controls, regular communications to help employees stay cybersafe while working
remotely, and enhanced monitoring of cyber threats have been effective, with
cybersecurity incidents that occurred during the first quarter of 2021 not
having had any significant impact.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">UBS maintains its focus on innovation and digitalization
to create value for our clients. In order to deliver this we focus on timely
changes to frameworks, including consideration of new or revised controls,
working practices and oversight with the aim of mitigating any new risks
introduced</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">.&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Achieving fair outcomes for our clients, upholding market
integrity and cultivating the highest standards of employee conduct are of
critical importance to the firm. As such, management of conduct risks is an
integral part of our risk framework. We continue to focus on effectively
embedding the conduct risk framework across our activities, enhancing
management information and maintaining momentum on fostering a strong culture.</font></p>








<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>


<DIV bclFooter>

 <p align=right style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:right;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">31</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_36"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">Risk, capital, liquidity and funding, and
 balance sheet | Risk management and control</font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Remote working arrangements can also
lead to increased conduct risk, inherent risk of fraudulent activities,
potential increases in the number of suspicious transactions, and increased
information security risks (in particular regarding client identifying data and
unpublished price-sensitive information). Our increased monitoring and
supervision remain in place for remote working, including programs to educate
clients and employees on fraud risk, where our protocols for interaction to
mitigate this risk have been updated. We are staying abreast of emerging trends
in order to deploy further mitigating activity as necessary.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">In addition to the effects of COVID-19, financial crime (e.g.,
money laundering, terrorist financing, sanctions violations, fraud, bribery and
corruption) continues to present a major risk, as technological innovation and
geopolitical developments increase the complexity of doing business and
heightened regulatory attention continues. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">An effective financial crime prevention program remains
essential for UBS. Money laundering and financial fraud techniques are becoming
increasingly sophisticated, <a name="_Hlk69745057"></a>while geopolitical
volatility makes the sanctions landscape more complex, and new risks emerge,
such as virtual currencies and related activities or investments.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:-.1pt;line-height:11.5pt;">The Office of the
Comptroller of the Currency issued a Cease and Desist Order against the firm in
May 2018 related to our US branch know-your-customer (KYC) and
anti-money-laundering (AML) programs. In response, we initiated an extensive
program for the purpose of ensuring sustainable remediation of US- relevant
Bank Secrecy Act / AML issues across all US legal entities. <a name="_Hlk69745157"></a>We introduced significant improvements to the framework in
2019 and 2020, and are continuing to implement these improvements, which we
believe will yield the planned enhancements to our AML controls. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:-.1pt;line-height:11.5pt;">We continue to focus on
strategic enhancements for AML / KYC and sanctions programs on a global scale
to cope with evolving risk profiles and regulatory expectations, including the
exploration of new technologies and more sophisticated rules-based monitoring,
using self-learning systems to identify potentially suspicious transactions and
behavior.</font></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#160;&nbsp;</font></p>








<p style="margin-bottom:30.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="Capital_management_EN"></a><a name="RG_MARKER_140932_0"></a><a name="RG_MARKER_137586_0"></a><a name="RG_MARKER_137618_0"></a><a name="RG_MARKER_137764_0"></a></p>
<DIV bclFooter>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:justify;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">32</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_37"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font color=#006600 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

</DIV>
<p style="margin-bottom:30.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:28.0pt;line-height:28.0pt;">Capital management<a name="Capital_management"></a><a name="Capital_management_bclEnd"></a><a name="RG_MARKER_137586_0_bclEnd"></a><a name="RG_MARKER_137618_0_bclEnd"></a><a name="RG_MARKER_137764_0_bclEnd"></a><a name="RG_MARKER_140932_0_bclEnd"></a></font></p>








<p style="margin:0mm;text-align:justify;"><a name="Capital_management_EN_bclEnd"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The
disclosures in this section are provided for UBS Group AG on a consolidated
basis and focus on key developments during the reporting period and information
in accordance with the Basel&nbsp;III framework, as applicable to Swiss
systemically relevant banks (SRBs). They should be read in conjunction with
&#8220;Capital management&#8221; in the &#8220;Capital, liquidity and funding, and balance sheet&#8221;
section of our Annual Report 2020, which provides more information about our
capital management objectives, planning and activities, as well as the Swiss
SRB total loss-absorbing capacity framework.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Additional regulatory disclosures for UBS Group AG on a
consolidated basis are provided in our 31&nbsp;March 2021 Pillar&nbsp;3 report.
The Pillar&nbsp;3 report also includes information relating to our significant
regulated subsidiaries and sub-groups (UBS&nbsp;AG standalone, UBS&nbsp;Switzerland&nbsp;AG
standalone, UBS&nbsp;Europe&nbsp;SE consolidated and UBS&nbsp;Americas&nbsp;Holding&nbsp;LLC
consolidated) as of 31&nbsp;March 2021 and is available under &#8220;Pillar&nbsp;3
disclosures&#8221; at </font><i><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">ubs.com/investors</font></i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;font-style:normal;line-height:11.5pt;">.&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Capital and other regulatory information for UBS&nbsp;AG
consolidated in accordance with the Basel&nbsp;III framework, as applicable to
Swiss SRBs, will be provided in the UBS&nbsp;AG first quarter 2021 report,
which will be available as of 30&nbsp;April 2021 under &#8220;Quarterly reporting&#8221; at</font><i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;"> </font></i><i><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">ubs.com/investors.&nbsp;</font></i></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">UBS Group AG is a holding company and conducts substantially
all of its operations through UBS&nbsp;AG and subsidiaries thereof. UBS&nbsp;Group&nbsp;AG
and UBS&nbsp;AG have contributed a significant portion of their respective
capital to, and provide substantial liquidity to, such subsidiaries. Many of
these subsidiaries are subject to regulations requiring compliance with minimum
capital, liquidity and similar requirements.</font></p>









<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin-bottom:30.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="Regulatory_framework"></a><a name="Swiss_SRB_requirements_and_info"></a><a name="Swiss_SRB_Basel_3_cap_framework_E"></a></p>
<DIV bclFooter>

 <p align=right style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:right;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">33</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_38"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">Risk, capital, liquidity and funding, and
 balance sheet | Capital management</font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
<p style="margin-bottom:30.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:16.0pt;line-height:18.0pt;">Swiss SRB
requirements and information<a name="Regulatory_framework_bclEnd"></a><a name="Swiss_SRB_Basel_3_cap_framework_E_bclEnd"></a><a name="Swiss_SRB_requirements_and_info_bclEnd"></a></font></p>








<p style="margin:0mm;text-align:justify;text-indent:0mm;"><a name="Capital_requirements"></a><a name="_Hlk45549178"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.3pt;">We are subject to the
going and gone concern requirements of the Swiss Capital Adequacy Ordinance (the
CAO) that include the too-big-to-fail provisions applicable to Swiss SRBs, <a name="_Hlk45549205"></a>which became effective on 1&nbsp;July 2016 and were phased
in until 1&nbsp;January 2020. Information about the Swiss SRB capital
framework, and about Swiss SRB going and gone concern requirements that were
phased in until the end of 2019, is provided under &#8220;Capital management&#8221; in the
&#8220;Capital, liquidity and funding, and balance sheet&#8221; section of our Annual
Report 2019</font><i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.3pt;">.&nbsp;</font></i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.3pt;"> &nbsp;</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.3pt;">Instruments meeting gone concern
requirements are eligible until one year before maturity, subject to a maximum
of 25% of the gone concern requirements which can be met with instruments that
have a remaining maturity of between one and two years (i.e., are in the last
year of eligibility). Once at least 75% of the gone concern requirement has
been met with instruments that have a remaining maturity of greater than two years,
all instruments that have a remaining maturity of between one and two years
remain eligible to be included in the total gone concern capital. Our gone
concern instruments are reasonably evenly distributed across maturities, with
no major cliffs; therefore this 25% restriction has not affected us and we do
not expect that it will affect us in the future. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.3pt;">The aforementioned requirements are
also applicable to UBS&nbsp;AG consolidated. UBS&nbsp;Switzerland&nbsp;AG and
UBS&nbsp;AG are subject to going and gone concern requirements on a standalone
basis, as detailed in our 31&nbsp;March 2021 Pillar&nbsp;3 report, which is
available</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;font-style:normal;line-height:11.3pt;"> </font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.3pt;">under
&#8220;Pillar&nbsp;3 disclosures&#8221; at </font><i><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.3pt;text-decoration:none;">ubs.com/investors.&nbsp;</font></i></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.3pt;">The table
below provides the risk-weighted assets (RWA)- and leverage ratio denominator
(LRD)-based requirements and information as of 31&nbsp;March 2021.</font></p>








<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#160;&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:9.75pt;">
  <td colspan=7 width=100% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Swiss SRB going and gone concern requirements and information</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">As of 31.3.21</font></b></p>
  </td>
 <td width=1% style="border:none;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 width=18% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; RWA</font></b></p>
  </td>
 <td width=1% style="border:none;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 width=17% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; LRD</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million, except where indicated</font></i></p>
  </td>
 <td width=1% style="height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">in %</font></b></p>
  </td>
 <td width=9% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">in %</font></b></p>
  </td>
 <td width=8% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Required going concern capital</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total going concern capital</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13.96<sup>1</sup></font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;40,193&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4.88<sup>1</sup></font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;50,613&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Common equity tier 1 capital</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9.66&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;27,816&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.38<sup>2</sup></font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;35,040&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: minimum capital</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4.50&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12,952&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.50&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15,573&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: buffer capital</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5.14&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14,794&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.88&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;19,467&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: countercyclical buffer</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.02&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;70&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Maximum additional tier 1 capital</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4.30&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12,377&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.50&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15,573&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: additional tier 1 capital</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.50&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10,074&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.50&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15,573&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: additional tier 1 buffer capital</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.80&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,303&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:.75pt;">
  <td width=63% style="border:none;height:.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Eligible going concern capital</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total going concern capital</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;19.56&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;56,288&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5.42&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;56,288&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Common equity tier 1 capital</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14.05&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;40,426&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.89&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;40,426&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total loss-absorbing additional tier 1 capital<sup>3</sup></font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5.51&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15,862&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.53&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15,862&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: high-trigger loss-absorbing additional tier 1 capital</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4.64&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13,361&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.29&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13,361&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: low-trigger loss-absorbing additional tier 1 capital </font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.87</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,501&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.24&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">2,501</font></i></p>
  </td>
 </tr>
<tr style="height:.75pt;">
  <td width=63% style="border:none;height:.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Required gone concern capital<sup>4</sup></font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total gone concern loss-absorbing capacity<sup>5</sup></font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10.59&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;30,468&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.76&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;39,012&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: base requirement</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12.86&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;37,015&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4.50&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;46,720&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: additional requirement for market share and LRD</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.08&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,109&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.38&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,893&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: applicable reduction on requirements</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(3.35)&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(9,655)&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1.12)&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(11,601)&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 15.5pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: rebate granted (equivalent to 47.5% of maximum rebate)</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2.54)&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(7,301)&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.89)&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(9,247)&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 15.5pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: reduction for usage of low-trigger tier 2 capital
  instruments</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.82)&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2,355)&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.23)&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2,355)&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:.75pt;">
  <td width=63% style="border:none;height:.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Eligible gone concern capital</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total gone concern loss-absorbing capacity</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15.42&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;44,381&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4.27&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;44,381&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total tier 2 capital</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.82&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,253&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.51&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,253&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: low-trigger loss-absorbing tier 2 capital</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.64&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,709&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.45&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,709&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: non-Basel III-compliant tier 2 capital</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.19&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;544&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.05&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;544&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">TLAC-eligible senior unsecured debt</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13.59&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;39,129&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.77&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;39,129&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:.75pt;">
  <td width=63% style="border:none;height:.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total loss-absorbing capacity</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Required total loss-absorbing capacity</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;24.55&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;70,661&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8.63&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;89,626&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Eligible total loss-absorbing capacity</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;34.98&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;100,669&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9.70&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;100,669&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:.75pt;">
  <td width=63% style="border:none;height:.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;height:.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;height:.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;height:.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;height:.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;height:.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;height:.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Risk-weighted assets / leverage ratio denominator</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Risk-weighted assets</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;287,828&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=63% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Leverage ratio denominator</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,038,225&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:18.75pt;">
  <td colspan=7 valign=top width=100% style="border:none;height:18.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 Includes
  applicable add-ons of 1.08% for RWA and 0.375% for LRD.&#160;&#160;&#160; 2 Our minimum CET1
  leverage ratio requirement of 3.375% consists of a 1.5% base requirement, a
  1.5% base buffer capital requirement, a 0.25% LRD add-on requirement and a
  0.125% market share add-on requirement based on our Swiss credit business.&#160;&#160;&#160;
  3 Includes outstanding low-trigger loss-absorbing additional tier 1 (AT1)
  capital instruments, which are available under the Swiss SRB framework to
  meet the going concern requirements until their first call date. As of their
  first call date, these instruments are eligible to meet the gone concern
  requirements.&#160;&#160;&#160; 4 A maximum of 25% of the gone
  concern&nbsp;requirements&nbsp;can be met with instruments that have a
  remaining maturity of between one and two years. Once at least 75% of the
  minimum gone concern requirement has been met with instruments that have a
  remaining maturity of greater than two years, all instruments that have a
  remaining maturity of between one and two years remain eligible to be
  included in the total gone concern capital.&#160;&#160;&#160; 5 The gone concern requirement
  after the application of the rebate for resolvability measures and the
  reduction for the use of higher quality capital instruments is floored at
  8.6% and 3% for the RWA- and LRD-based requirements, respectively. This means
  that the combined reduction may not exceed 5.34 percentage points for the
  RWA-based requirement of 13.94% and 1.875&nbsp;percentage points for the
  LRD-based requirement of 4.875%.&#160;&#160;&#160; </font></p>
  </td>
 </tr>
</table></div>






<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:3.0pt;">&nbsp;</font></p>








<p style="margin-bottom:30.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="SRB_BaselIII_capital_info_UBS_Gro"></a><a name="Total_loss_absorbing_capacity"></a><a name="Total_Loss_capacity_EN"></a><a name="Capital_requirements_bclEnd"></a></p>
<DIV bclFooter>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:justify;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">34</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_39"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font color=#006600 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

</DIV>
<p style="margin-bottom:30.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:16.0pt;line-height:18.0pt;">Total
loss-absorbing capacity<a name="Total_loss_absorbing_capacity_bclEnd"></a><a name="Total_Loss_capacity_EN_bclEnd"></a></font></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The table below provides Swiss SRB going and gone
concern information based on the rules that have been effective since 1&nbsp;January
2020.</font></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:12.0pt;">
  <td width=79% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Swiss SRB going and gone concern information</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=79% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=79% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million, except where indicated</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 </tr>
<tr style="height:4.5pt;">
  <td width=79% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=79% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Eligible going concern capital</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=79% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total going concern capital</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;56,288&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;56,178&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=79% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total tier 1 capital</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;56,288&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;56,178&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=79% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Common equity tier 1 capital</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;40,426&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;39,890&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=79% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total loss-absorbing additional tier 1 capital</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15,862&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16,288&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=79% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: high-trigger loss-absorbing additional tier 1 capital</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13,361&nbsp;</font></i></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13,711&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=79% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: low-trigger loss-absorbing additional tier 1 capital</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,501&nbsp;</font></i></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,577&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=79% style="border:none;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=79% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Eligible gone concern capital</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=79% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total gone concern loss-absorbing capacity</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;44,381&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;45,545&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=79% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total tier 2 capital</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,253&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7,744&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=79% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: low-trigger loss-absorbing tier 2 capital</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,709&nbsp;</font></i></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7,201&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=79% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: non-Basel III-compliant tier 2 capital</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;544&nbsp;</font></i></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;543&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=79% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">TLAC-eligible senior unsecured debt</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;39,129&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;37,801&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=79% style="border:none;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=79% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total loss-absorbing capacity</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=79% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total loss-absorbing capacity</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;100,669&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;101,722&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=79% style="border:none;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=79% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Risk-weighted assets / leverage ratio denominator</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=79% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Risk-weighted assets</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;287,828&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;289,101&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=79% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Leverage ratio denominator<sup>1</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,038,225&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,037,150&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=79% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=79% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Capital and loss-absorbing capacity ratios (%)</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=79% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Going concern capital ratio</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;19.6&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;19.4&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=79% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: common equity tier 1 capital ratio</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14.0&nbsp;</font></i></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13.8&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=79% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Gone concern loss-absorbing capacity ratio</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15.4&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15.8&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=79% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total loss-absorbing capacity ratio</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;35.0&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;35.2&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=79% style="border:none;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=79% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Leverage ratios (%)<sup>1</sup></font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=79% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Going concern leverage ratio</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5.4&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5.4&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=79% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: common equity tier 1 leverage ratio</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.89&nbsp;</font></i></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.85&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=79% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Gone concern leverage ratio</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4.3&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4.4&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=79% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total loss-absorbing capacity leverage ratio</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9.7&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9.8&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:18.75pt;">
  <td colspan=4 valign=top width=100% style="border:none;height:18.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1&nbsp;The
  leverage ratio denominator (LRD) and leverage ratios for 31 December 2020 do
  not reflect the effects of the temporary exemption that applied from 25 March
  2020 until 1 January 2021 and was granted by FINMA in connection with
  COVID-19. Refer to the &#8220;Regulatory and legal developments&#8221; section and to
  &#8220;Application of the temporary COVID-19-related FINMA exemption of central
  bank sight deposits&#8221; in the &#8220;Capital, liquidity and funding, and balance
  sheet&#8221; section of our Annual Report 2020, available under &#8220;Annual reporting&#8221;
  at ubs.com/investors, for more information.</font></p>
  </td>
 </tr>
</table></div>











<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>









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 <p align=right style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:right;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">35</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_40"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">Risk, capital, liquidity and funding, and balance
 sheet | Capital management</font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
<p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Total
loss-absorbing capacity and movement </font></b></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Our total loss-absorbing capacity (TLAC) was stable at
USD&nbsp;100.7 billion in the first quarter of 2021.</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Going concern capital and movement</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">During the first
quarter of 2021, our going concern capital was stable at USD&nbsp;56.3 billion.
<a name="_Hlk69324292"></a>Our common equity tier&nbsp;1 (CET1) capital
increased by USD&nbsp;0.5 billion to USD&nbsp;40.4 billion, mainly reflecting
operating profit before tax of USD&nbsp;2.3 billion, partly offset by negative foreign
currency translation effects of USD&nbsp;0.8 billion, current tax expenses of USD&nbsp;0.4
billion, accruals for capital returns to shareholders of USD&nbsp;0.3 billion
and negative defined benefit plans effects of USD&nbsp;0.2 billion. Our share
repurchases of USD&nbsp;1.1 billion in the first quarter of 2021 did not affect
our CET1 capital position as there was an equal reduction in the capital
reserve for potential share repurchases.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Our additional tier&nbsp;1 (AT1)
capital decreased by USD&nbsp;0.4 billion to USD&nbsp;15.9 billion, reflecting
effects from interest rate risk hedges, foreign currency translation and other factors.</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Gone concern loss-absorbing capacity and movement</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Our total gone concern loss-absorbing capacity decreased
by USD&nbsp;1.2 billion to USD&nbsp;44.4
billion, mainly reflecting a decrease of eligibility of three TLAC-eligible
senior unsecured debt instruments denominated in US dollars and Swiss francs
due to shortening of residual tenor, the call of a EUR&nbsp;2 billion
low-trigger tier&nbsp;2 capital instrument, and effects from interest rate risk
hedges and foreign currency translation. These
decreases were partly offset by the issuance of ten new TLAC-eligible
senior unsecured debt instruments denominated in US dollars, euro, Swiss francs
and Australian dollars, which amounted to a total of USD&nbsp;5.8 billion
equivalent.</font></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to &#8220;Bondholder information&#8221; at</font></b><b><i><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;"> </font></i></b><b><i><font color=windowtext face="Frutiger 45 Light Bold" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;text-decoration:none;">ubs.com/investors&nbsp;</font></i></b><b><i><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;"> </font></i></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">for more information about the eligibility of
capital and senior unsecured debt instruments and about key features and terms
and conditions of capital instruments</font></b></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Loss-absorbing capacity and leverage ratios</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Our CET1 capital ratio increased 0.2&nbsp;percentage
points to 14.0%, reflecting an increase in CET1 capital of USD&nbsp;0.5 billion
and a USD&nbsp;1.3 billion decrease in RWA. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Our CET1 leverage ratio increased from 3.85% to 3.89% due to the
aforementioned increase in CET1 capital.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Our gone concern loss-absorbing capacity ratio decreased from 15.8%
to 15.4%, mainly driven by the
aforementioned decrease in gone concern loss-absorbing capacity and partly
offset by the aforementioned decrease of RWA. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Our gone concern leverage ratio decreased from 4.4% to 4.3%, mainly due to the aforementioned
decrease in gone concern loss-absorbing capacity.</font></p>








<p style="margin:0mm;text-align:justify;"><a name="SRB_BaselIII_capital_info_UBS_Gro_bclEnd"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:14.25pt;">
  <td width=79% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Reconciliation of IFRS equity to Swiss SRB common equity tier 1
  capital</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=79% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=79% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total IFRS equity</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;58,333&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;59,765&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=79% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Equity attributable to non-controlling interests</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(307)&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(319)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=79% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Defined benefit plans, net of tax</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(104)&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(41)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=79% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Deferred tax assets recognized for tax loss carry-forwards</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(5,582)&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(5,617)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=79% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Deferred tax assets on temporary differences, excess over
  threshold</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(5)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=79% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Goodwill, net of tax<sup>1</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(6,243)&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(6,319)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=79% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Intangible assets, net of tax</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(265)&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(296)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=79% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Compensation-related components (not recognized in net profit)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1,420)&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1,349)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=79% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Expected losses on advanced internal ratings-based portfolio
  less provisions</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(342)&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(330)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=79% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Unrealized (gains) / losses from cash flow hedges, net of tax</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1,138)&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2,321)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=79% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Own credit related to gains / losses on financial liabilities
  measured at fair value that existed at the balance sheet date</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;401&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;382&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=79% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Own credit related to gains / losses on derivative financial
  instruments that existed at the balance sheet date</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(48)&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(45)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=79% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Unrealized gains related to debt instruments at fair value
  through OCI, net of tax</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(96)&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(152)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=79% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Prudential valuation adjustments</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(152)&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(150)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=79% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Accruals for dividends to shareholders for 2020</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1,314)&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1,314)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=79% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Capital reserve for potential share repurchases</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(949)&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2,000)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=79% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other<sup>2</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(349)&nbsp;</font></b></p>
  </td>
 <td width=10% style="background:white;border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=79% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total common equity tier 1 capital</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;40,426&nbsp;</font></b></p>
  </td>
 <td width=10% style="background:white;border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;39,890&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td colspan=4 valign=top width=100% style="border:none;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 Includes
  goodwill related to significant investments in financial institutions of USD
  388 million as of 31 March 2021 (31 December 2020: USD 413 million) presented
  on the balance sheet line Investments in associates.&#160;&#160;&#160; 2 Includes accruals
  for dividends to shareholders for the current year and other items.&#160;&#160;&#160;&#160; </font></p>
  </td>
 </tr>
</table></div>






<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>


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 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font color=#006600 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

</DIV>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:14.25pt;">
  <td width=80% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Swiss SRB total
  loss-absorbing capacity movement</font></b></p>
  </td>
 <td width=20% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:19.5pt;">
  <td valign=bottom width=80% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td valign=bottom width=20% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:7.5pt;">
  <td width=80% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=20% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=80% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Going concern capital</font></b></p>
  </td>
 <td width=20% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Swiss SRB</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=80% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Common equity tier 1 capital as of 31.12.20</font></b></p>
  </td>
 <td width=20% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;39,890&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=80% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Operating profit before tax</font></p>
  </td>
 <td width=20% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,298&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=80% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Current tax (expense) / benefit</font></p>
  </td>
 <td width=20% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(406)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=80% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Foreign currency translation effects</font></p>
  </td>
 <td width=20% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(754)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=80% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Share repurchase programs</font></p>
  </td>
 <td width=20% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1,051)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=80% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Defined benefit plans<sup>1</sup></font></p>
  </td>
 <td width=20% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(176)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=80% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Capital reserve for potential share repurchases</font></p>
  </td>
 <td width=20% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,051&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=80% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other<sup>2</sup></font></p>
  </td>
 <td width=20% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(427)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=80% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Common equity tier 1 capital as of 31.3.21</font></b></p>
  </td>
 <td width=20% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;40,426&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=80% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Loss-absorbing additional tier 1 capital as of 31.12.20</font></b></p>
  </td>
 <td width=20% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16,288&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=80% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Issuance of a high-trigger loss-absorbing additional tier 1
  capital instrument</font></p>
  </td>
 <td width=20% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,500&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=80% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Call of a high-trigger loss-absorbing additional tier 1 capital instrument</font></p>
  </td>
 <td width=20% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1,500)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=80% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Interest rate risk hedge, foreign currency translation and other
  effects</font></p>
  </td>
 <td width=20% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(426)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=80% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Loss-absorbing additional tier 1 capital as of 31.3.21</font></b></p>
  </td>
 <td width=20% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15,862&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=80% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total going concern capital as of 31.12.20</font></b></p>
  </td>
 <td width=20% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;56,178&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=80% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total going concern capital as of 31.3.21</font></b></p>
  </td>
 <td width=20% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;56,288&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:7.5pt;">
  <td nowrap valign=bottom width=80% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=20% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=80% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Gone concern loss-absorbing capacity</font></b></p>
  </td>
 <td width=20% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=80% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Tier 2 capital as of 31.12.20</font></b></p>
  </td>
 <td width=20% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7,744&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=80% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Call of a low-trigger loss-absorbing tier 2 capital instrument</font></p>
  </td>
 <td width=20% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2,415)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=80% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Interest rate risk hedge, foreign currency translation and other
  effects</font></p>
  </td>
 <td width=20% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(76)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=80% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Tier 2 capital as of 31.3.21</font></b></p>
  </td>
 <td width=20% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,253&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=80% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">TLAC-eligible senior unsecured debt as of 31.12.20</font></b></p>
  </td>
 <td width=20% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;37,801&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=80% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Issuance of TLAC-eligible senior unsecured debt instruments</font></p>
  </td>
 <td width=20% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,847&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=80% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Decrease in eligibility due to shortening of residual tenor</font></p>
  </td>
 <td width=20% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2,813)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=80% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Interest rate risk hedge, foreign currency translation and other
  effects</font></p>
  </td>
 <td width=20% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1,707)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=80% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">TLAC-eligible senior unsecured debt as of 31.3.21</font></b></p>
  </td>
 <td width=20% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;39,129&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=80% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total gone concern loss-absorbing capacity as of 31.12.20</font></b></p>
  </td>
 <td width=20% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;45,545&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=80% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total gone concern loss-absorbing capacity as of 31.3.21</font></b></p>
  </td>
 <td width=20% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;44,381&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:7.5pt;">
  <td nowrap valign=bottom width=80% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=20% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=80% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Total loss-absorbing capacity</font></b></p>
  </td>
 <td width=20% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=80% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total loss-absorbing capacity as of 31.12.20</font></b></p>
  </td>
 <td width=20% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;101,722&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=80% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total loss-absorbing capacity as of 31.3.21</font></b></p>
  </td>
 <td width=20% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;100,669&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td colspan=2 valign=top width=100% style="border:none;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 Includes a USD
  254 million payment of the second installment to employees&#8217; retirement assets
  in the Swiss pension fund, as announced in 2018. A similar contribution will
  be made in the first quarter of 2022. Refer to &#8220;Note 26 Post-employment
  benefit plans&#8221; in the &#8220;Consolidated financial statements&#8221; section of our
  Annual Report 2020 for more information.&#160;&#160;&#160; 2 Includes movements related to
  accruals for dividends for the current year and other items.</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#160;&nbsp;</font></p>




<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>








<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="Additional_cap_info"></a></p>
<DIV bclFooter>

 <p align=right style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:right;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">37</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_42"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">Risk, capital, liquidity and funding, and
 balance sheet | Capital management</font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Additional information<a name="Additional_cap_info_bclEnd"></a></font></b></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Sensitivity to currency movements </font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><i><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:.1pt;line-height:11.5pt;">Risk-weighted assets</font></i></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:.1pt;line-height:11.5pt;">We estimate that a
10% depreciation of the US dollar against other currencies would have increased
our RWA by USD&nbsp;12</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;"> </font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:.1pt;line-height:11.5pt;">billion and our CET1 capital by USD&nbsp;</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">1.3&nbsp;</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:.1pt;line-height:11.5pt;"> billion
as of 31&nbsp;March 2021 (31&nbsp;December 2020: USD&nbsp;13 billion and USD&nbsp;1.3
billion, respectively) and decreased our CET1 capital ratio </font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">15&nbsp;</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:.1pt;line-height:11.5pt;">basis
points (31&nbsp;December 2020: 15&nbsp;basis points). Conversely, we estimate
that a 10% appreciation of the US dollar against other currencies would have
decreased our RWA by USD&nbsp;11 billion and our CET1 capital by USD&nbsp;</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">1.2&nbsp;</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:.1pt;line-height:11.5pt;"> billion
(31&nbsp;December 2020: USD&nbsp;</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">12 </font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:.1pt;line-height:11.5pt;">billion and USD&nbsp;</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">1.2 </font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:.1pt;line-height:11.5pt;">billion,
respectively) and increased our CET1 capital ratio </font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">15</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:.1pt;line-height:11.5pt;">&nbsp;basis
points (31&nbsp;December 2020: 15&nbsp;basis points).</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><i><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Leverage ratio denominator</font></i></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">We estimate that a 10% depreciation of the US dollar
against other currencies would have increased our LRD by USD&nbsp;63 billion as of 31&nbsp;March 2021 </font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:.1pt;line-height:11.5pt;">(31&nbsp;December 2020: USD&nbsp;65 billion) </font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">and
decreased our Swiss SRB going concern leverage ratio 16&nbsp;basis points (31&nbsp;December</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:.1pt;line-height:11.5pt;"> 2020: 16&nbsp;basis points)</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">. Conversely, we
estimate that a 10% appreciation of the US dollar against other currencies
would have decreased our LRD by USD&nbsp;57 billion
</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:.1pt;line-height:11.5pt;">(31&nbsp;December 2020: USD&nbsp;58 billion) </font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">and
increased our Swiss SRB going concern leverage ratio 16&nbsp;basis points </font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:.1pt;line-height:11.5pt;">(31&nbsp;December 2020: 16&nbsp;basis points)</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">.&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The aforementioned sensitivities do not consider foreign
currency translation effects related to defined benefit plans other than those
related to the currency translation of the net equity of foreign operations.</font></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to &#8220;Active management of sensitivity
to currency movements&#8221; under &#8220;Capital management&#8221; in the &#8220;Capital, liquidity
and funding, and balance sheet&#8221; section of our Annual Report 2020 for more
information</font></b></p>

<font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font><p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="AMA_model_EN"></a><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Estimated
effect on capital from litigation, regulatory and similar matters subject to
provisions and contingent liabilities<a name="AMA_model_EN_bclEnd"></a></font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">We have estimated the loss in capital that we could
incur as a result of the risks associated with the matters described in
&#8220;Note&nbsp;14 Provisions and contingent liabilities&#8221; in the &#8220;Consolidated
financial statements&#8221; section of this report. We have used for this purpose the
advanced measurement approach (AMA) methodology that we apply when determining
the capital requirements associated with operational risks, based on a 99.9%
confidence level over a 12-month horizon. The methodology takes into
consideration UBS and industry experience for the AMA operational risk
categories to which those matters correspond, as well as the external
environment affecting risks of these types, in isolation from other areas. On
this standalone basis, we estimate the maximum loss in capital that we could
incur over a 12-month period as a result of our risks associated with these
operational risk categories at USD&nbsp;4.0 billion
as of 31&nbsp;March 2021. This estimate is not related to and does not take
into account any provisions recognized for any of these matters and does not
constitute a subjective assessment of our actual exposure in any of these
matters.</font></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to &#8220;Operational risk&#8221; in the &#8220;Risk
management and control&#8221; section of our Annual Report 2020 for more information</font></b></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to &#8220;Note </font></b><b><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">14&nbsp;</font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;"> Provisions and contingent
liabilities&#8221; in the &#8220;Consolidated financial statements&#8221; section of this report
for more information </font></b></p>









<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin-bottom:30.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="RWA_EN"></a><a name="RWA_UBS_Group"></a></p>
<DIV bclFooter>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:justify;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">38</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_43"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font color=#006600 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

</DIV>
<p style="margin-bottom:30.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:16.0pt;line-height:18.0pt;">Risk-weighted assets <a name="RWA_UBS_Group_bclEnd"></a></font></p>








<p style="margin:0mm;text-align:justify;"><a name="_Hlk69216727"></a><a name="RWA_EN_bclEnd"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">During
the first quarter of 2021, RWA decreased by USD&nbsp;1.3 billion to USD&nbsp;287.8 billion, driven by currency effects of USD&nbsp;5.6
billion, partly offset by increases from asset size and other movements of USD&nbsp;2.9
billion, methodology and policy changes of USD&nbsp;1.1 billion, model updates
of USD&nbsp;0.2 billion, and regulatory add-ons of USD&nbsp;0.1 billion.&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</font></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:12.0pt;">
  <td colspan=9 width=100% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Movement in risk-weighted assets by key driver</font></b></p>
  </td>
 </tr>
<tr style="height:23.25pt;">
  <td valign=bottom width=39% style="border:none;border-bottom:solid #74726F 1.0pt;height:23.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD billion</font></i></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:23.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:23.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">RWA as of 31.12.20</font></b></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:23.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Currency</font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">effects</font></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:23.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Methodology and policy changes</font></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:23.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Model updates / changes</font></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:23.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Regulatory add-ons</font></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:23.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Asset size and other<sup>1</sup></font></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:23.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">RWA as of 31.3.21</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=39% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Credit and counterparty credit risk<sup>2</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;178.1&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(5.2)&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.1&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.2&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4.6&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;178.9&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=39% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Non-counterparty-related risk<sup>3</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;23.4&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.4)&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.2)&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;22.8&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=39% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Market risk</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11.8&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.1&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1.5)&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10.4&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=39% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Operational risk</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;75.8&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;75.8&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=39% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;289.1&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(5.6)&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.1&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.2&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.1&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2.9&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;287.8&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td colspan=9 valign=top width=100% style="border:none;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 Includes the Pillar
  3 categories &#8220;Asset size,&#8221; &#8220;Credit quality of counterparties,&#8221; &#8220;Acquisitions
  and disposals&#8221; and &#8220;Other.&#8221; For more information, refer to our Pillar 3
  report, which is available under &#8220;Pillar 3 disclosures&#8221; at
  ubs.com/investors.&#160;&#160;&#160; 2 Includes settlement risk, credit valuation
  adjustments, equity exposures in the banking book and securitization
  exposures in the banking book.&#160;&#160;&#160; 3 Non-counterparty-related risk includes
  deferred tax assets recognized for temporary differences, property,
  equipment, software and other items.</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>








<p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Credit and counterparty credit
risk</font></b></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">Credit and counterparty credit risk
RWA increased by USD&nbsp;0.8 billion to USD&nbsp;178.9 billion as of 31&nbsp;March
2021. The RWA movements described below exclude currency effects.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><a name="_Hlk52979147"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">Asset size and other
movements resulted in a USD&nbsp;4.6&nbsp;billion increase in RWA. </font></p>

<p style="margin-bottom:0mm;margin-left:11.35pt;margin-right:0mm;margin-top:0mm;text-align:justify;text-indent:-11.35pt;"><a name="_Hlk52960598"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">&#8211;</font><font face="Times New Roman" lang=EN-GB style="font-size:7.0pt;line-height:11.5pt;">&nbsp;&nbsp; &nbsp;</font><font dir=LTR>&nbsp;</font><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">Investment Bank RWA increased by USD&nbsp;3.4 billion, driven by
loans and loan commitments, as well as higher derivatives RWA, mainly due to increased
trading activity.</font></p>

<p style="margin-bottom:0mm;margin-left:11.35pt;margin-right:0mm;margin-top:0mm;text-align:justify;text-indent:-11.35pt;"><a name="_Hlk53127906"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">&#8211;</font><font face="Times New Roman" lang=EN-GB style="font-size:7.0pt;line-height:11.5pt;">&nbsp;&nbsp; &nbsp;</font><font dir=LTR>&nbsp;</font><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">Asset Management RWA increased by USD&nbsp;1.1 billion, driven by
higher RWA related to investments in funds.</font></p>

<p style="margin-bottom:0mm;margin-left:11.35pt;margin-right:0mm;margin-top:0mm;text-align:justify;text-indent:-11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">&#8211;</font><font face="Times New Roman" lang=EN-GB style="font-size:7.0pt;line-height:11.5pt;">&nbsp;&nbsp;
&nbsp;</font><font dir=LTR>&nbsp;</font><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">Global Wealth Management
RWA increased by USD&nbsp;0.5 billion, driven by loans.</font></p>

<p style="margin-bottom:0mm;margin-left:11.35pt;margin-right:0mm;margin-top:0mm;text-align:justify;text-indent:-11.35pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#8211;</font><font color=black face="Times New Roman" lang=EN-US style="font-size:7.0pt;line-height:11.5pt;">&nbsp;&nbsp;
&nbsp;</font><font dir=LTR>&nbsp;</font><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">Personal &amp; Corporate
Banking RWA decreased by USD&nbsp;0.4 billion, </font><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">driven by lower RWA on loans, as well as lower RWA relating
to a shift in the composition of the high quality liquid assets (HQLA)
portfolio.</font></p>

<p style="margin-bottom:0mm;margin-left:11.35pt;margin-right:0mm;margin-top:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">Changes to counterparty credit
ratings and loss given default resulted in a net decrease of less than USD&nbsp;2
billion in RWA during the first quarter of 2021.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">RWA increased by USD&nbsp;1.3 billion from
model updates, as well as methodology and policy changes, resulting in an
increase in credit valuation adjustment risk related to derivatives for Lombard
clients and an increase for real estate portfolios, partly offset by decreases
for derivatives and securities financing transactions (SFTs).</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">We expect that further methodology changes
and model updates will increase credit and counterparty credit risk RWA by
around USD&nbsp;3 billion in the second quarter of 2021. The extent and timing
of RWA changes may vary as methodology changes and model updates are completed
and receive regulatory approval. In addition, changes in the composition of the
relevant portfolios and other market factors will affect RWA</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">.&nbsp;</font></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to the &#8220;Risk management and control&#8221;
section of this report and our 31&nbsp;March 2021 Pillar&nbsp;3 report, which
is available under &#8220;Pillar 3 disclosures&#8221; at</font></b><b><i><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;"> </font></i></b><b><i><font color=windowtext face="Frutiger 45 Light Bold" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;text-decoration:none;">ubs.com/investors</font></i></b><b><font color=windowtext face="Frutiger 45 Light Bold" lang=EN-US style="font-size:7.5pt;font-style:normal;line-height:11.5pt;text-decoration:none;">,&nbsp;</font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;"> for more information </font></b></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to &#8220;Credit risk models&#8221; in the &#8220;Risk
management and control&#8221; section of our Annual Report 2020 for more information </font></b></p>

<b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font></b><p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Market risk</font></b></p>

<p style="margin:0mm;text-align:justify;"><a name="_Hlk68790849"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">Market risk
RWA decreased by USD&nbsp;1.5 billion to USD&nbsp;10.4 billion in the first
quarter of 2021, driven by a decrease of USD&nbsp;1.5 billion in asset size and
other movements in the Investment Bank&#8217;s Global Markets business. This decrease
was due to lower average stressed VaR levels, mainly as a result of the
Investment Bank&#8217;s equities trading business. This was partially offset by an
increase in regulatory VaR RWA.</font></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to the &#8220;Risk management and control&#8221;
section of this report and our 31&nbsp;March 2021 Pillar&nbsp;3 report, which
is available under &#8220;Pillar&nbsp;3 disclosures&#8221; at</font></b><b><i><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;"> </font></i></b><b><i><font color=windowtext face="Frutiger 45 Light Bold" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;text-decoration:none;">ubs.com/investors,&nbsp;</font></i></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">
for more information </font></b></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to &#8221;Market risk&#8221; in the &#8220;Risk
management and control&#8221; section of our Annual Report 2020 for more information</font></b></p>

<p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Operational risk</font></b></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Operational risk RWA were USD&nbsp;75.8 billion as of 31&nbsp;March
2021, unchanged from 31&nbsp;December 2020.</font></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to &#8220;Operational risk&#8221; in the &#8220;Risk
management and control&#8221; section of our Annual Report 2020 for information about
the advanced measurement approach model</font></b></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>









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 balance sheet | Capital management</font></font><font style="border:none;">&nbsp;</font></p>

</DIV>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:14.25pt;">
  <td colspan=8 width=100% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Risk-weighted assets
  by business division and Group Functions</font></b></p>
  </td>
 </tr>
<tr style="height:27.75pt;">
  <td valign=bottom width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:27.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD billion</font></i></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:27.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:27.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Global Wealth</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Management</font></b></p>
  </td>
 <td valign=bottom width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:27.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Personal &amp;</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Corporate</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Banking</font></b></p>
  </td>
 <td valign=bottom width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:27.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Asset</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Manage-</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">ment</font></b></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:27.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Investment</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Bank</font></b></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:27.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Group Functions</font></b></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:27.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">RWA</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=6 width=57% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Credit and counterparty credit risk<sup>1</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;47.9&nbsp;</font></p>
  </td>
 <td width=10% style="border-bottom:dotted #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;59.2&nbsp;</font></p>
  </td>
 <td width=10% style="border-bottom:dotted #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4.0&nbsp;</font></p>
  </td>
 <td width=9% style="border-bottom:dotted #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;60.7&nbsp;</font></p>
  </td>
 <td width=9% style="border-bottom:dotted #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7.0&nbsp;</font></p>
  </td>
 <td width=9% style="border-bottom:dotted #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;178.9&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Non-counterparty-related risk<sup>2</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6.2&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2.0&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.6&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.4&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10.6&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;22.8&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Market risk</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.3&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7.7&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.3&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10.4&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Operational risk</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;32.8&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7.2&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.3&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;23.2&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9.3&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;75.8&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;88.2&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;68.4&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8.0&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;95.0&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;28.3&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;287.8&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:7.5pt;">
  <td valign=top width=42% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=6 width=57% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Credit and counterparty credit risk<sup>1</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;46.7&nbsp;</font></p>
  </td>
 <td width=10% style="border-bottom:dotted #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;62.8&nbsp;</font></p>
  </td>
 <td width=10% style="border-bottom:dotted #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2.9&nbsp;</font></p>
  </td>
 <td width=9% style="border-bottom:dotted #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;58.5&nbsp;</font></p>
  </td>
 <td width=9% style="border-bottom:dotted #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7.2&nbsp;</font></p>
  </td>
 <td width=9% style="border-bottom:dotted #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;178.1&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Non-counterparty-related risk<sup>2</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6.2&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2.1&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.7&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.6&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10.7&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;23.4&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Market risk</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.4&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9.0&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.4&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11.8&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Operational risk</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;32.8&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7.2&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.3&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;23.2&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9.3&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;75.8&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;87.2&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;72.1&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6.9&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;94.3&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;28.7&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;289.1&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:7.5pt;">
  <td valign=top width=42% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=1% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=10% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">&nbsp;</font></p>
  </td>
 <td valign=top width=9% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=6 width=57% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21 vs 31.12.20</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Credit and counterparty credit risk<sup>1</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.1&nbsp;</font></p>
  </td>
 <td width=10% style="border-bottom:dotted #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(3.6)&nbsp;</font></p>
  </td>
 <td width=10% style="border-bottom:dotted #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.1&nbsp;</font></p>
  </td>
 <td width=9% style="border-bottom:dotted #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2.2&nbsp;</font></p>
  </td>
 <td width=9% style="border-bottom:dotted #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.1)&nbsp;</font></p>
  </td>
 <td width=9% style="border-bottom:dotted #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.8&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Non-counterparty-related risk<sup>2</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.1)&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.1)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.2)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.1)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.5)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Market risk</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.1)&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1.3)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.1)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1.5)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Operational risk</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.0&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(3.7)&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.0&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.7&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.4)&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1.3)&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:23.25pt;">
  <td colspan=8 valign=top width=100% style="border:none;height:23.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 Includes
  settlement risk, credit valuation adjustments, equity exposures in the
  banking book and securitization exposures in the banking book.&#160;&#160;&#160;
  2&nbsp;Non-counterparty-related risk includes deferred tax assets recognized
  for temporary differences (31&nbsp;March 2021: USD&nbsp;9.9 billion;
  31&nbsp;December 2020: USD 10.0 billion), property, equipment, software and
  other items (31&nbsp;March 2021: USD&nbsp;12.9 billion; 31 December 2020:
  USD&nbsp;13.4 billion).</font></p>
  </td>
 </tr>
</table></div>






<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin-bottom:30.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="CM_LRD"></a><a name="LRD_EN"></a></p>
<DIV bclFooter>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:justify;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">40</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_45"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font color=#006600 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

</DIV>
<p style="margin-bottom:30.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:16.0pt;line-height:18.0pt;">Leverage ratio denominator<a name="CM_LRD_bclEnd"></a><a name="LRD_EN_bclEnd"></a></font></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">During the first quarter of 2021, the LRD was stable
at USD&nbsp;1,038 billion, as the asset size and other movements of USD&nbsp;30
billion were largely offset by currency effects of USD&nbsp;29 billion.</font></p>








<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#160;&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:14.25pt;">
  <td colspan=6 width=100% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Movement in leverage ratio denominator by key driver</font></b></p>
  </td>
 </tr>
<tr style="height:16.5pt;">
  <td valign=bottom width=57% style="border:none;border-bottom:solid #74726F 1.0pt;height:16.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD billion</font></i></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:16.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:16.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">LRD as of </font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20<sup>1</sup></font></b></p>
  </td>
 <td valign=bottom width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:16.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Currency </font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">effects</font></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:16.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Asset size and </font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">other</font></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:16.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">LRD as of </font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=57% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">On-balance sheet exposures (excluding derivative exposures and
  SFTs)<sup>2</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;806.6&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(24.6)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8.2&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;790.2&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=57% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Derivative exposures</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;96.6&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1.8)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11.4&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;106.2&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=57% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Securities financing transactions</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;115.3&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1.5)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9.4&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;123.2&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=57% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Off-balance sheet items</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;31.3&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.9)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.8&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;31.2&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=57% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Deduction items</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(12.8)&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.1&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(12.6)&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=57% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,037.1&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(28.7)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;29.8&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,038.2&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td colspan=6 valign=top width=100% style="border:none;height:12.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 The respective
  period shown ending on 31 December 2020 does not reflect the effects of the
  temporary exemption that applied from 25 March 2020 until 1 January 2021 and
  was granted by FINMA in connection with COVID-19. Refer to the &#8220;Regulatory
  and legal developments&#8221; section and to &#8220;Application of the temporary
  COVID-19-related FINMA exemption of central bank sight deposits&#8221; in the
  &#8220;Capital, liquidity and funding, and balance sheet&#8221; section of our Annual
  Report 2020, available under &#8220;Annual reporting&#8221; at ubs.com/investors, for
  more information.&#160;&#160;&#160; 2&nbsp;Excludes derivative financial instruments, cash
  collateral receivables on derivative instruments, cash collateral on
  securities borrowed, reverse repurchase agreements, margin loans and prime
  brokerage receivables related to securities financing transactions, which are
  presented separately under Derivative exposures and Securities financing
  transactions in this table.&#160;&#160;&#160; </font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The LRD movements described below exclude currency
effects. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><a name="_Hlk53655264"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">On-balance sheet exposures increased by
USD&nbsp;8 billion, mainly driven by higher lending assets, largely in Global
Wealth Management, and an increase in cash and balances at central banks,
partly offset by lower HQLA securities and lower trading assets.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Derivative exposures increased by USD&nbsp;11 billion, mainly reflecting
an increase in potential future exposure and market-driven movements in the
Investment Bank. </font></p>

<font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font><p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">SFTs increased by USD&nbsp;9 billion, mainly driven by excess
cash re-investment in Group Functions and an increase in securities borrowing
activities in the Investment Bank. </font></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to the &#8220;Balance sheet and off-balance
sheet&#8221; section of this report for more information about balance sheet
movements</font></b></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#160;&nbsp;</font></p>









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 <p align=right style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:right;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">41</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

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</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_46"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">Risk, capital, liquidity and funding, and
 balance sheet | Capital management</font></font><font style="border:none;">&nbsp;</font></p>

</DIV>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:12.75pt;">
  <td colspan=8 width=100% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Leverage ratio
  denominator by business division and Group Functions</font></b></p>
  </td>
 </tr>
<tr style="height:28.5pt;">
  <td valign=bottom width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD billion</font></i></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:28.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Global Wealth</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Management </font></b></p>
  </td>
 <td valign=bottom width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Personal &amp;</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Corporate</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Banking</font></b></p>
  </td>
 <td valign=bottom width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Asset</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Management</font></b></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Investment</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Bank</font></b></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Group Functions</font></b></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total </font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=6 width=57% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total IFRS assets</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;377.0&nbsp;</font></p>
  </td>
 <td width=10% style="border-bottom:dotted #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;221.4&nbsp;</font></p>
  </td>
 <td width=10% style="border-bottom:dotted #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;28.6&nbsp;</font></p>
  </td>
 <td width=9% style="border-bottom:dotted #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;370.8&nbsp;</font></p>
  </td>
 <td width=9% style="border-bottom:dotted #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;109.9&nbsp;</font></p>
  </td>
 <td width=9% style="border-bottom:dotted #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,107.7&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Difference in scope of consolidation<sup>2</sup></font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.2)&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(21.5)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.1&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(21.5)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Less: derivative exposures and SFTs<sup>3</sup></font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(29.7)&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(15.1)&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.6)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(194.5)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(56.1)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(295.9)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">On-balance sheet exposures</font></b></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;347.2&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;206.3&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6.5&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;176.3&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;53.9&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;790.2&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Derivative exposures</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6.7&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.2&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;89.7&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6.6&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;106.2&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Securities financing transactions</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;25.6&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12.6&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.6&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;55.6&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;28.9&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;123.2&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Off-balance sheet items</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6.4&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15.8&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8.3&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.7&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;31.2&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Items deducted from Swiss SRB tier 1 capital</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(5.3)&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.1)&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1.6)&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.2)&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(5.4)&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(12.6)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;380.6&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;237.8&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5.4&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;329.7&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;84.7&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,038.2&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:7.5pt;">
  <td width=42% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=6 width=57% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20<sup>1</sup></font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total IFRS assets</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;367.7&nbsp;</font></p>
  </td>
 <td width=10% style="border-bottom:dotted #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;231.7&nbsp;</font></p>
  </td>
 <td width=10% style="border-bottom:dotted #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;28.6&nbsp;</font></p>
  </td>
 <td width=9% style="border-bottom:dotted #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;369.7&nbsp;</font></p>
  </td>
 <td width=9% style="border-bottom:dotted #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;128.1&nbsp;</font></p>
  </td>
 <td width=9% style="border-bottom:dotted #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,125.8&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Difference in scope of consolidation<sup>2</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.1)&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(21.1)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.1&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(21.2)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Less: derivative exposures and SFTs<sup>3</sup></font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(34.0)&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(16.7)&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.7)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(191.6)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(54.9)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(298.0)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">On-balance sheet exposures</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;333.6&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;215.0&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6.7&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;178.0&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;73.3&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;806.6&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Derivative exposures</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6.6&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2.0&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;82.7&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5.3&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;96.6&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Securities financing transactions</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;30.1&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15.1&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.7&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;46.5&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;22.9&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;115.3&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Off-balance sheet items</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6.1&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16.3&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8.5&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.4&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;31.3&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Items deducted from Swiss SRB tier 1 capital</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(5.2)&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.1)&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1.6)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.3)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(5.5)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(12.8)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;371.2&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;248.3&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5.8&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;315.5&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;96.2&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,037.1&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:7.5pt;">
  <td colspan=8 valign=top width=100% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=6 width=57% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21 vs 31.12.20</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total IFRS assets</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9.3&nbsp;</font></p>
  </td>
 <td width=10% style="border-bottom:dotted #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(10.3)&nbsp;</font></p>
  </td>
 <td width=10% style="border-bottom:dotted #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></p>
  </td>
 <td width=9% style="border-bottom:dotted #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.2&nbsp;</font></p>
  </td>
 <td width=9% style="border-bottom:dotted #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(18.2)&nbsp;</font></p>
  </td>
 <td width=9% style="border-bottom:dotted #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(18.1)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Difference in scope of consolidation<sup>2</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.4)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.4)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Less: derivative exposures and SFTs<sup>3</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4.3&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.6&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.1&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2.9)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1.2)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2.0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">On-balance sheet exposures</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13.6&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(8.7)&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.3)&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1.7)&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(19.4)&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(16.4)&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Derivative exposures</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.1&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.1&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7.0&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.4&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9.6&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Securities financing transactions</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(4.5)&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2.5)&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.2)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9.0&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6.0&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7.9&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Off-balance sheet items</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.3&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.5)&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.2)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.3&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.1)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Items deducted from Swiss SRB tier 1 capital</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.1)&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.1&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.1&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9.4&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(10.6)&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.4)&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14.1&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(11.5)&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.1&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:23.25pt;">
  <td colspan=8 valign=top width=100% style="border:none;height:23.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 The respective
  period shown ending on 31 December 2020 does not reflect the effects of the
  temporary exemption that applied from 25 March 2020 until 1 January 2021 and
  was granted by FINMA in connection with COVID-19. Refer to the &#8220;Regulatory
  and legal developments&#8221; section and to &#8220;Application of the temporary
  COVID-19-related FINMA exemption of central bank sight deposits&#8221; in the
  &#8220;Capital, liquidity and funding, and balance sheet&#8221; section of our Annual
  Report 2020, available under &#8220;Annual reporting&#8221; at ubs.com/investors, for
  more information.&#160;&#160;&#160; 2&nbsp;Represents the difference between the IFRS and
  the regulatory scope of consolidation, which is the applicable scope for the
  LRD calculation.&#160;&#160;&#160; 3 Consists of derivative financial instruments, cash collateral
  receivables on derivative instruments, receivables from securities financing
  transactions, and margin loans, as well as prime brokerage receivables and
  financial assets at fair value not held for trading, both related to
  securities financing transactions, in accordance with the regulatory scope of
  consolidation, which are presented separately under Derivative exposures and
  Securities financing transactions.&#160;&#160; </font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#160;&nbsp;</font></p>

<p style="margin-bottom:30.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="RG_MARKER_137597"></a><a name="RG_MARKER_137735"></a><a name="Equity_attribution_and_return"></a><a name="Equity_attribution_and_return_EN"></a></p>
<DIV bclFooter>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:justify;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">42</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

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 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font color=#006600 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

</DIV>
<p style="margin-bottom:30.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:16.0pt;line-height:normal;">Equity attribution and return on attributed equity<a name="Equity_attribution_and_return_bclEnd"></a><a name="Equity_attribution_and_return_EN_bclEnd"></a><a name="RG_MARKER_137597_bclEnd"></a><a name="RG_MARKER_137735_bclEnd"></a></font></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Under our equity attribution framework, tangible
equity is attributed based on a weighting of 50% each for average risk-weighted
assets (RWA) and average leverage ratio denominator (LRD), which both include
resource allocations from Group Functions to the business divisions (the BDs).
Average RWA and LRD are converted to common equity tier&nbsp;1 (CET1) capital
equivalents using capital ratios of 12.5% and 3.75%, respectively. If the
attributed tangible equity calculated under the weighted-driver approach is
less than the CET1 capital equivalent of risk-based capital (RBC) for any BD,
the CET1 capital equivalent of RBC is used as a floor for that BD.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">In addition to tangible equity, we allocate equity to the BDs
to support goodwill and intangible assets.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Furthermore, we allocate to the BDs attributed equity related
to certain CET1 deduction items, such as compensation-related components and
expected losses on the advanced internal ratings-based portfolio less general
provisions.</font></p>

<font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font><p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">We attribute all remaining Basel&nbsp;III capital deduction
items to Group Functions. These items include deferred tax assets (DTAs)
recognized for tax loss carry-forwards, DTAs on temporary differences in excess
of the threshold, accruals for shareholder returns, and unrealized gains from
cash flow hedges.</font></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to the &#8220;Capital, liquidity and
funding, and balance sheet&#8221; section of our Annual Report 2020 for more
information about the equity attribution framework</font></b></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to the &#8220;Balance sheet and off-balance
sheet&#8221; section of this report for more information about movements in equity
attributable to shareholders</font></b></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:10.5pt;">
  <td width=67% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Average attributed equity</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=67% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 width=32% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">For the quarter ended</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=67% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD billion</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=11% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td width=10% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.20</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=67% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Global Wealth Management</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;18.3&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;17.7&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16.5&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=67% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Personal &amp; Corporate Banking</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9.1&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9.0&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8.7&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=67% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Asset Management</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2.2&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2.1&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.8&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=67% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Investment Bank</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13.0&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12.6&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12.4&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=67% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Group Functions</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16.1&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;18.0&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16.8&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=67% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: deferred tax assets<sup>1</sup></font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6.3&nbsp;</font></i></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6.5&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6.9&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=67% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: related to retained RWA and LRD<sup>2,3</sup></font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.3&nbsp;</font></i></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.5&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2.8&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=67% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: accruals for shareholder returns and others<sup>4</sup></font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6.5&nbsp;</font></i></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8.0&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7.0&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=67% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Average equity attributed to business divisions and Group
  Functions</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;58.7&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;59.4&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;56.2&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td colspan=5 valign=top width=100% style="border:none;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 Includes average
  attributed equity related to the Basel III capital deduction items for
  deferred tax assets (deferred tax assets recognized for tax loss
  carry-forwards and deferred tax assets on temporary differences, excess over
  threshold), as well as retained RWA and LRD related to deferred tax
  assets.&#160;&#160;&#160; 2 Excludes average attributed equity related to retained RWA and
  LRD related to deferred tax assets.&#160;&#160;&#160; 3 The temporary exemption that applied
  from 25 March 2020 until 1 January 2021 and that was granted by FINMA in
  connection with COVID-19 was not applied when calculating average attributed
  equity for the respective periods in 2020. Refer to the &#8220;Regulatory and legal
  developments&#8221; section of our Annual Report 2020 for more information.&#160;&#160;&#160; 4
  The decrease in attributed equity related to accruals for shareholder returns
  and others compared with the fourth quarter of 2020 is primarily driven by
  lower unrealized gains from cash flow hedges and lower accruals for
  shareholder returns.</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:12.0pt;">
  <td colspan=5 width=100% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Return on attributed equity<sup>1</sup></font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 width=33% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">For the quarter ended</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD billion</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=11% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td width=11% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.20</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Global Wealth Management</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;30.8&nbsp;</font></b></p>
  </td>
 <td width=11% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;19.5&nbsp;</font></p>
  </td>
 <td width=11% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;29.6&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Personal &amp; Corporate Banking</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;17.1&nbsp;</font></b></p>
  </td>
 <td width=11% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15.6&nbsp;</font></p>
  </td>
 <td width=11% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15.3&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Asset Management</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;40.8&nbsp;</font></b></p>
  </td>
 <td width=11% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;74.9&nbsp;</font></p>
  </td>
 <td width=11% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;34.4&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Investment Bank</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12.7&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16.8&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;22.8&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td colspan=5 valign=top width=100% style="background:white;border:none;height:12.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 Return on
  attributed equity for Group Functions is not shown, as it is not meaningful.</font></p>
  </td>
 </tr>
</table></div>










<p style="margin-bottom:30.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="Balance_sheet_narratives"></a><a name="Liq_and_funding_mgmt_EN"></a><a name="RG_MARKER_137588_0"></a><a name="RG_MARKER_137734_0"></a></p>
<DIV bclFooter>

 <p align=right style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:right;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">43</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_48"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">Risk, capital, liquidity and funding, and
 balance sheet | Liquidity and funding management</font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
<p style="margin-bottom:30.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:28.0pt;line-height:28.0pt;">Liquidity and funding management<a name="RG_MARKER_137588_0_bclEnd"></a><a name="RG_MARKER_137734_0_bclEnd"></a></font></p>








<p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><a name="Strategy_objectives_and_governanc"></a><a name="Balance_sheet_narratives_bclEnd"></a><a name="Liq_and_funding_mgmt_EN_bclEnd"></a><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Strategy, objectives and governance</font></b><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:-.2pt;line-height:11.5pt;"> &nbsp;</font></b></p>

<p style="margin:0mm;text-align:justify;"><a name="Strategy_objectives_and_governanc_bclEnd"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:-.2pt;line-height:11.5pt;">This section provides liquidity and funding
management information and should be read in conjunction with &#8220;Liquidity and
funding management&#8221; in the &#8220;Capital, liquidity and funding, and balance sheet&#8221; section
of our Annual Report 2020, which provides more information about the Group&#8217;s
strategy, objectives and governance in connection with liquidity and funding
management. </font></p>

<b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font></b><p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="LCR_EN"></a><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Liquidity
coverage ratio</font></b></p>

<p style="margin:0mm;text-align:justify;"><a name="_Hlk69722622"></a><a name="LCR_EN_bclEnd"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The
UBS Group quarterly average liquidity coverage ratio (LCR) remained broadly
unchanged and above the prudential requirement communicated by the Swiss
Financial Market Supervisory Authority (FINMA).</font></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to our</font></b><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;"> 31
March 2021 </font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Pillar 3 report, available under &#8220;Pillar&nbsp;3 disclosures&#8221;
at ubs.com/investors, for more information about the liquidity coverage ratio</font></b></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to &#8220;Liquidity and funding management&#8221;
in the &#8220;Capital, liquidity and funding, and balance sheet&#8221; section of our
Annual Report 2020 for more information about liquidity management and the
liquidity coverage ratio</font></b></p>








<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:14.25pt;">
  <td width=73% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Liquidity coverage ratio</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=73% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD billion, except where indicated</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Average 1Q21<sup>1</sup></font></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Average 4Q20<sup>1</sup></font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=73% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">High-quality liquid assets</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;221&nbsp;</font></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;214&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=73% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net cash outflows</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;146&nbsp;</font></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;141&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=73% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Liquidity coverage ratio (%)<sup>2</sup></font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;151&nbsp;</font></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;152&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td colspan=4 valign=top width=100% style="border:none;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 Calculated based
  on an average of 63 data points in the first quarter of 2021 and 63 data
  points in the fourth quarter of 2020.&#160;&#160;&#160; 2 Calculated after the application
  of haircuts and inflow and outflow rates, as well as, where applicable, caps
  on Level 2 assets and cash inflows.</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>








<p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="net_stable_funding_ratio_EN"></a><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Net stable funding ratio </font></b></p>

<p style="margin:0mm;text-align:justify;"><a name="net_stable_funding_ratio_EN_bclEnd"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">As of
31&nbsp;March 2021, our estimated pro forma net stable funding ratio (NSFR) was
114%, a decrease of 5&nbsp;percentage points compared with 31&nbsp;December
2020. This reflected a USD&nbsp;15 billion decrease in available stable
funding, driven by lower customer deposits, largely reflecting currency effects,
which was slightly offset by increases in debt issued. Required stable funding increased
by USD&nbsp;6 billion, driven by an increase in derivative financial
instruments.</font></p>

<font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font><p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The NSFR regulation was finalized in the fourth quarter of
2020 with the release of the revised FINMA Circular 2015/2 &#8220;Liquidity risks &#8211;
banks.&#8221; We are on schedule to implement the final regulation by July 2021.</font></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to &#8220;Liquidity and funding management&#8221;
in the &#8220;Capital, liquidity and funding, and balance sheet&#8221; section of our
Annual Report 2020 for more information about the NSFR</font></b></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:12.0pt;">
  <td width=74% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Pro forma net stable funding ratio</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=74% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD billion, except where indicated</font></i></p>
  </td>
 <td width=1% style="border:none;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=13% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=74% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Available stable funding</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;548&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;563&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=74% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Required stable funding</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;479&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;473&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=74% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Pro forma net stable funding ratio (%)</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;114&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;119&nbsp;</font></p>
  </td>
 </tr>
</table></div>










<p style="margin:0mm;"><font color=red face=Helvetica,sans-serif lang=EN-US style="font-size:20.0pt;">&#160;&nbsp;</font></p>








<p style="margin-bottom:30.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="Balance_sheet_narratives_EN"></a><a name="RG_MARKER_140532"></a><a name="RG_MARKER_138516"></a></p>
<DIV bclFooter>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:justify;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">44</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_49"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font color=#006600 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

</DIV>
<p style="margin-bottom:30.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:28.0pt;line-height:28.0pt;">Balance
sheet and off-balance sheet<a name="RG_MARKER_138516_bclEnd"></a><a name="RG_MARKER_140532_bclEnd"></a></font></p>








<p style="margin-bottom:10.5pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="Strategy_objectives_gov_EN"></a><a name="Balance_sheet_narratives_EN_bclEnd"></a><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Strategy, objectives and
governance</font></b></p>

<p style="margin:0mm;text-align:justify;"><a name="Strategy_objectives_gov_EN_bclEnd"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:-.2pt;line-height:11.5pt;">This section provides balance sheet and
off-balance sheet information and should be read in conjunction with &#8220;Balance
sheet and off-balance sheet&#8221; <a name="_Hlk69111829"></a>in the &#8220;Capital, liquidity
and funding, and balance sheet&#8221; section of our Annual Report 2020, which
provides more information about the Group&#8217;s balance sheet and off-balance sheet
positions.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Balances disclosed in this report represent quarter-end
positions, unless indicated otherwise. Intra-quarter balances fluctuate in the
ordinary course of business and may differ from quarter-end positions.</font></p>

<p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><a name="_Hlk69657872"></a><a name="Balance_sheet_assets_EN"></a><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Balance sheet assets (31&nbsp;March 2021 vs 31&nbsp;December
2020)</font></b></p>

<p style="margin:0mm;text-align:justify;"><a name="_Hlk69156048"></a><a name="Balance_sheet_assets_EN_bclEnd"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:-.2pt;line-height:11.5pt;">As
of 31&nbsp;March 2021, balance sheet assets totaled USD&nbsp;1,108 billion, a
decrease of USD&nbsp;18 billion compared with 31&nbsp;December 2020, which included
a decrease from currency effects of approximately USD&nbsp;28 billion.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Other financial assets measured at amortized cost and fair
value decreased by USD&nbsp;12 billion, mainly driven by a shift within the high-quality
liquid asset (HQLA) portfolio from securities into cash. Derivatives and cash
collateral receivables on derivative instruments decreased by USD&nbsp;9
billion, mainly reflecting market-driven movements in interest rate contracts
in Non-core and Legacy Portfolio, as well as our Derivatives &amp; Solutions
business in the Investment Bank, resulting from the steepening of the interest rate
curve. Trading portfolio assets decreased by USD&nbsp;5 billion, mainly due to lower
inventory levels held in the Investment Bank to hedge client positions. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">These decreases were partly offset by an USD&nbsp;8 billion
increase in securities financing transactions at amortized cost, driven by re-investment
of excess cash in Group Treasury and an increase in securities borrowing
activities in the Investment Bank.<a name="_Hlk53391737"></a> Cash and balances at
central banks increased by USD&nbsp;1 billion, as net cash inflows of USD&nbsp;8
billion, mainly from the aforementioned shift within the HQLA portfolio into
cash and net new issuances of long-term debt measured at amortized cost and debt
designated at fair value in Group Treasury, were largely offset by currency
effects.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Lending assets were stable, as an increase in lending of USD&nbsp;14
billion, mainly reflecting higher Lombard loans in Global Wealth Management in
the Americas, was almost entirely offset by currency effects.</font></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to the &#8220;Consolidated financial
statements&#8221; section of this report for more information</font></b></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:8.25pt;">
  <td width=68% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Assets</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=68% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 width=20% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">As of </font></p>
  </td>
 <td width=1% style="border:none;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">% change from</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=68% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD billion</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=10% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=68% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Cash and balances at central banks</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;158.9&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;158.2&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=68% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Lending<sup>1</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;395.2&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;395.0&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=68% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Securities financing transactions at amortized cost</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;82.4&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;74.2&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=68% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Trading portfolio<sup>2</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;120.6&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;125.4&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(4)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=68% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Derivatives and cash collateral receivables on derivative
  instruments</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;183.3&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;192.4&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(5)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=68% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Brokerage receivables</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;24.2&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;24.7&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=68% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other financial assets measured at amortized cost and fair value<sup>3</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;82.9&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;95.1&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(13)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=68% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Non-financial assets and financial assets for unit-linked
  investment contracts</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;60.2&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;60.9&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=68% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total assets</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,107.7&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,125.8&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td colspan=6 valign=top width=100% style="border:none;height:12.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 Consists of
  loans and advances to banks and customers.&#160;&#160;&#160; 2 Consists of financial assets
  at fair value held for trading.&#160;&#160;&#160; 3 Consists of financial assets at fair
  value not held for trading, financial assets measured at fair value through
  other comprehensive income and other financial assets measured at amortized
  cost, but excludes financial assets for unit-linked investment contracts.</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>








<p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="_Hlk69658643"></a><a name="Liabiliteis_EN"></a><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Liabilities (31&nbsp;March 2021 vs 31&nbsp;December 2020)</font></b></p>

<p style="margin:0mm;text-align:justify;"><a name="Liabiliteis_EN_bclEnd"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Total liabilities decreased
by USD&nbsp;17 billion to USD&nbsp;1,049 billion as of 31&nbsp;March 2021, which
included </font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:-.2pt;line-height:11.5pt;">a decrease from</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;"> currency
effects of approximately USD&nbsp;23 billion.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Customer deposits decreased by USD&nbsp;19 billion in Global
Wealth Management and Personal &amp; Corporate Banking, largely reflecting
currency effects. Derivatives and cash collateral payables on derivative
instruments decreased by USD&nbsp;16 billion, mainly reflecting market-driven
movements on interest rate contracts in line with the aforementioned movement
on the asset side, as well as market-driven movements on foreign exchange and
equity contracts in the Investment Bank. Other financial liabilities at amortized
cost and fair value decreased by USD&nbsp;2 billion, mainly due to net
maturities of securities financing transactions measured at fair value. Non-financial
liabilities and financial liabilities related to unit-linked investment
contracts decreased by USD&nbsp;2 billion, mainly reflecting a decrease in compensation-related
liabilities.</font></p>








<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>









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<DIV bclHeader>

 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">Risk, capital, liquidity and funding, and
 balance sheet | Balance sheet and off-balance sheet</font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">These decreases were partly offset by
a USD&nbsp;10 billion increase in debt issued designated at fair value and
long-term debt issued measured at amortized cost. This reflected net new
issuances of debt measured at fair value in our Derivatives&nbsp;&amp;
Solutions business in the Investment Bank and net new issuances of senior
unsecured debt, as well as senior unsecured debt that contributes to total
loss-absorbing capacity (TLAC), partly offset by the early redemption of a loss-absorbing
tier&nbsp;2 capital instrument and a loss-absorbing additional tier&nbsp;1
(AT1) instrument in Group Treasury. Brokerage payables increased by USD&nbsp;7
billion, mainly in our Financing business in the Investment Bank, as clients deposited
cash with the Group to subsequently re-invest in the market. Trading portfolio
liabilities increased by USD&nbsp;3 billion, driven by the Investment Bank, mainly
reflecting increases ahead of the dividend season, an increase in short
positions to hedge client transactions and lower netting effects following
disposals of trading portfolio assets. Short-term borrowings increased by USD&nbsp;2
billion, driven by higher amounts due to banks in the Investment Bank.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The &#8220;Liabilities by product and currency&#8221; table in this
section provides more information about our funding sources.</font></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to &#8220;Bondholder information&#8221; at</font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;font-style:normal;line-height:11.5pt;"> </font></b><b><i><font color=windowtext face="Frutiger 45 Light Bold" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;text-decoration:none;">ubs.com/investors&nbsp;</font></i></b><b><i><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;"> </font></i></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">for more information about capital and senior
debt instruments </font></b></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to the &#8220;Consolidated financial
statements&#8221; section of this report for more information</font></b></p>

<b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font></b><p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="Equity_EN"></a><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Equity (31&nbsp;March
2021 vs 31&nbsp;December 2020)<a name="Equity_EN_bclEnd"></a></font></b></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Equity attributable to shareholders decreased to USD&nbsp;58,026
million as of 31&nbsp;March 2021, from USD&nbsp;59,445 million as of 31&nbsp;December
2020. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Total comprehensive income attributable to shareholders was
negative USD&nbsp;330 million, reflecting net profit of USD&nbsp;1,824 million
and negative other comprehensive income (OCI) of USD&nbsp;2,154 million. OCI
mainly included negative cash flow hedge OCI of USD&nbsp;1,160 million, negative
OCI related to foreign currency translation of USD&nbsp;744 million, negative
defined benefit plan OCI of USD&nbsp;113 million and negative OCI related to
debt instruments measured at fair value through OCI of USD&nbsp;102 million.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Share premium decreased by USD&nbsp;536 million, mainly due to
the delivery of treasury shares under share-based compensation plans.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Net treasury share activity decreased equity attributable to
shareholders by USD&nbsp;555 million, reflecting repurchases of USD&nbsp;883 million
of shares under our 2021&#8211;2024 share repurchase program and USD&nbsp;112 million
of shares under our 2018&#8211;2021 share repurchase program completed on 2 February
2021, partly offset by the aforementioned delivery of treasury shares. The
shares repurchased under our 2018&#8211;2021 share repurchase program will be
canceled by means of a capital reduction, as approved by shareholders at the
2021 Annual General Meeting.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The payment of the 2020 dividend of USD&nbsp;0.37 per share,
approved by the Annual General Meeting on 8&nbsp;April 2021, reduced equity
attributable to shareholders by USD&nbsp;1.3 billion in April 2021.</font></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to the &#8220;Consolidated financial
statements&#8221; and &#8220;Group performance&#8221; sections of this report for more
information</font></b></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to the &#8220;Share information and earnings
per share&#8221; section of this report for more information about the share
repurchase programs</font></b></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:12.0pt;">
  <td width=68% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Liabilities and equity</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
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  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
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  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
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  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
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  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
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<tr style="height:8.25pt;">
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 width=20% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">As of </font></p>
  </td>
 <td width=1% style="border:none;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">% change from</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=68% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD billion</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=10% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=68% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Short-term borrowings<sup>1</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;60.0&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;57.7&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4&nbsp;</font></p>
  </td>
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<tr style="height:8.25pt;">
  <td width=68% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Securities financing transactions at amortized cost</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6.7&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6.3&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=68% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Customer deposits</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;505.4&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;524.6&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(4)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=68% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Debt issued designated at fair value and long-term debt issued
  measured at amortized cost<sup>2</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;163.8&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;153.8&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=68% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Trading portfolio<sup>3</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;37.1&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;33.6&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=68% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Derivatives and cash collateral payables on derivative
  instruments</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;182.6&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;198.4&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(8)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=68% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Brokerage payables</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;45.6&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;38.7&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;18&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=68% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other financial liabilities measured at amortized cost and fair
  value<sup>4</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16.8&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;19.1&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(12)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=68% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Non-financial liabilities and financial liabilities related to
  unit-linked investment contracts</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;31.5&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;33.7&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(6)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=68% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total liabilities</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,049.4&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,066.0&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=68% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Share capital</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.3&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.3&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=68% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Share premium</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16.2&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16.8&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(3)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=68% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Treasury shares</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(4.6)&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(4.1)&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=68% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Retained earnings</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;40.5&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;38.8&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=68% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other comprehensive income<sup>5</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5.6&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7.6&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(27)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=68% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total equity attributable to shareholders</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;58.0&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;59.4&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=68% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Equity attributable to non-controlling interests</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.3&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.3&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(4)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=68% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total equity</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;58.3&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;59.8&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=68% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total liabilities and equity</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,107.7&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,125.8&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:18.0pt;">
  <td colspan=6 valign=top width=100% style="border:none;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 Consists of
  short-term debt issued measured at amortized cost and amounts due to
  banks.&#160;&#160;&#160; 2 The classification of debt issued measured at amortized cost into
  short-term and long-term is based on original contractual maturity and
  therefore long-term debt also includes debt with a remaining time to maturity
  of less than one year. This classification does not consider any early
  redemption features.&#160;&#160;&#160; 3&nbsp;Consists of financial liabilities at fair
  value held for trading.&#160;&#160;&#160; 4 Consists of other financial liabilities measured
  at amortized cost and other financial liabilities designated at fair value,
  but excludes financial liabilities related to unit-linked investment contracts.&#160;&#160;&#160;
  5&nbsp;Excludes other comprehensive income related to defined benefit plans
  and own credit, which is recorded directly in retained earnings.</font></p>
  </td>
 </tr>
</table></div>












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 <tr style="height:12.0pt;">
  <td colspan=6 width=41% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Liabilities by
  product and currency</font></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=19% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 width=13% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD billion</font></b></p>
  </td>
 <td width=1% style="border:none;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=14 width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">As a percentage of total liabilities</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=19% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 width=13% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">All currencies</font></b></p>
  </td>
 <td width=1% style="height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 width=13% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">All currencies</font></b></p>
  </td>
 <td width=1% style="border:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 width=13% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD</font></b></p>
  </td>
 <td width=1% style="border:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 width=12% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">CHF</font></b></p>
  </td>
 <td width=1% style="border:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 width=12% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">EUR</font></b></p>
  </td>
 <td width=1% style="border:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 width=12% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=19% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=6% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=6% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=6% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=6% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=6% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=6% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=19% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Short-term borrowings</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">60.0</font></b></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">57.7</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">5.7</font></b></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">5.4</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">2.8</font></b></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">3.0</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.5</font></b></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.6</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1.0</font></b></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1.0</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1.4</font></b></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.9</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=19% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: due to banks</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">12.6</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">11.0</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1.2</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1.0</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.4</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.3</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.5</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.5</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.1</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.1</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.3</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.1</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=19% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: short-term debt issued<sup>1</sup></font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">47.4</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">46.7</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">4.5</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">4.4</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">2.5</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">2.7</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.0</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.0</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.9</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.9</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1.1</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.8</font></i></p>
  </td>
 </tr>
<tr style="height:17.25pt;">
  <td width=19% style="border:none;border-bottom:dotted #74726F 1.0pt;height:17.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Securities financing transactions at amortized cost</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:17.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:17.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">6.7</font></b></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:17.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">6.3</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:17.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:17.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.6</font></b></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:17.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.6</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:17.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:17.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.5</font></b></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:17.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.5</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:17.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:17.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.0</font></b></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:17.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.0</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:17.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:17.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.0</font></b></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:17.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.0</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:17.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:17.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.1</font></b></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:17.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.1</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=19% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Customer deposits</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">505.4</font></b></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">524.6</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">48.2</font></b></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">49.2</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">19.9</font></b></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">19.7</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">19.0</font></b></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">20.1</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">5.1</font></b></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">5.2</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">4.2</font></b></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">4.2</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=19% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: demand deposits</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">232.1</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">236.4</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">22.1</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">22.2</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">7.4</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">7.4</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">7.0</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">7.2</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">4.2</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">4.3</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">3.5</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">3.4</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=19% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: retail savings / deposits</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">219.2</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">220.9</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">20.9</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">20.7</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">8.9</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">8.3</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">11.4</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">11.8</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.5</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.5</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.0</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.0</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=19% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: time deposits</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">36.1</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">40.3</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">3.4</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">3.8</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">2.5</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">2.8</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.2</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.2</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.1</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.1</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.7</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.7</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=19% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: fiduciary deposits</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">18.0</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">27.0</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1.7</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">2.5</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1.0</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1.2</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.4</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.9</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.3</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.3</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.1</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.1</font></i></p>
  </td>
 </tr>
<tr style="height:18.0pt;">
  <td width=19% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Debt issued designated at fair value and long-term debt issued
  measured at amortized cost<sup>2</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">163.8</font></b></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">153.8</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">15.6</font></b></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">14.4</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">8.4</font></b></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">7.6</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1.6</font></b></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1.6</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">3.9</font></b></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">3.7</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1.6</font></b></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1.5</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=19% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Trading portfolio </font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">37.1</font></b></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">33.6</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">3.5</font></b></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">3.2</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1.5</font></b></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1.3</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.1</font></b></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.1</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.8</font></b></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.5</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1.2</font></b></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1.2</font></p>
  </td>
 </tr>
<tr style="height:18.0pt;">
  <td width=19% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Derivatives and cash collateral payables on derivative
  instruments</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">182.6</font></b></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">198.4</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">17.4</font></b></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">18.6</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">14.2</font></b></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">15.2</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.3</font></b></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.2</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1.8</font></b></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">2.0</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1.1</font></b></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1.1</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=19% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Brokerage payables</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">45.6</font></b></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">38.7</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">4.3</font></b></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">3.6</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">3.3</font></b></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">2.7</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.0</font></b></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.0</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.3</font></b></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.2</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.7</font></b></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.7</font></p>
  </td>
 </tr>
<tr style="height:18.0pt;">
  <td width=19% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other financial liabilities measured at amortized cost and fair
  value<sup>3</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">16.8</font></b></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">19.1</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1.6</font></b></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1.8</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.8</font></b></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1.1</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.2</font></b></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.2</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.3</font></b></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.2</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.3</font></b></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.3</font></p>
  </td>
 </tr>
<tr style="height:18.0pt;">
  <td width=19% style="border:none;border-bottom:solid #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Non-financial liabilities and financial liabilities related to
  unit-linked investment contracts</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.5</font></b></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">33.7</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">3.0</font></b></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">3.2</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.5</font></b></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.6</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.1</font></b></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.2</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.1</font></b></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.2</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">2.2</font></b></p>
  </td>
 <td nowrap valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">2.2</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=19% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total liabilities</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1,049.4</font></b></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1,066.0</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">100.0</font></b></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">100.0</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">52.0</font></b></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">51.6</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=6% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">21.9</font></b></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">23.0</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=6% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">13.2</font></b></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">13.1</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=6% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">12.9</font></b></p>
  </td>
 <td nowrap width=6% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">12.3</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td colspan=19 valign=top width=100% style="border:none;height:12.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 Short-term debt
  issued consists of certificates of deposit, commercial paper, acceptances and
  promissory notes, and other money market paper.&#160;&#160;&#160; 2 The classification of
  debt issued measured at amortized cost into short-term and long-term is based
  on original contractual maturity and therefore long-term debt also includes
  debt with a remaining time to maturity of less than one year. This
  classification does not consider any early redemption features.&#160;&#160;&#160; 3 Consists
  of other financial liabilities measured at amortized cost and other financial
  liabilities designated at fair value, but excludes financial liabilities
  related to unit-linked investment contracts.</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>








<p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="Off_balance_sheet_EN"></a><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Off-balance
sheet (31&nbsp;March 2021 vs 31&nbsp;December 2020)<a name="Off_balance_sheet_EN_bclEnd"></a></font></b></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Loan commitments decreased by USD&nbsp;3 billion, </font><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">mainly in Personal &amp; Corporate Banking, largely reflecting currency
effects</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">.&nbsp;</font></p>

<font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font><p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Forward starting reverse repurchase agreements increased by USD&nbsp;3
billion and forward starting repurchase agreements increased by USD&nbsp;2
billion, both primarily in Group Treasury, reflecting fluctuations in market
activity in short-dated securities financing transactions. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:10.5pt;">
  <td width=68% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Off-balance sheet</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=68% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 width=20% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">As of</font></p>
  </td>
 <td width=1% style="border:none;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">% change from</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=68% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD billion</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=10% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=68% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Guarantees<sup>1,2</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15.5&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15.0&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=68% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Loan commitments<sup>1,3</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;38.1&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;41.4&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(8)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=68% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Committed unconditionally revocable credit lines</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;39.4&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;40.1&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=68% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Forward starting reverse repurchase agreements<sup>3</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6.0&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.2&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;84&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=68% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Forward starting repurchase agreements<sup>3</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2.1&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.4&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;466&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:7.5pt;">
  <td colspan=6 valign=top width=100% style="border:none;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 Guarantees and
  loan commitments are shown net of sub-participations.&#160;&#160;&#160; 2 Includes
  guarantees measured at fair value through profit or loss.&#160;&#160;&#160; 3 Derivative
  loan commitments, as well as forward starting repurchase and reverse
  repurchase agreements, measured at fair value through profit or loss are not
  included. Refer to &#8220;Note 9 Derivative instruments&#8221; in the &#8220;Consolidated
  financial statements&#8221; section of this report for more information.</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#160;&nbsp;</font></p>








<p style="margin-bottom:30.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="RG_MARKER_137585"></a><a name="RG_MARKER_137736"></a><a name="UBS_shares_EN"></a></p>
<DIV bclFooter>

 <p align=right style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:right;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">47</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_52"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">Risk, capital, liquidity and funding, and
 balance sheet | Share information and earnings per share</font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
<p style="margin-bottom:30.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:28.0pt;line-height:28.0pt;">Share information and earnings per share<a name="RG_MARKER_137585_bclEnd"></a><a name="RG_MARKER_137736_bclEnd"></a><a name="UBS_shares_EN_bclEnd"></a></font></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">UBS Group AG shares are listed on the SIX Swiss
Exchange (SIX). They are also listed on the New York Stock Exchange (the NYSE)
as global registered shares. Each share has a nominal value of CHF&nbsp;0.10
per share. Shares issued were unchanged in the first quarter of 2021.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.5pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">We held 336 million shares as of 31&nbsp;March
2021, of which 213 million shares had been acquired under our share repurchase
programs for cancelation purposes. The remaining 123 million shares are
primarily held to hedge our share delivery obligations related to employee
share-based compensation and participation plans.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.5pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Treasury shares held increased by
28 million shares in the first quarter of 2021. This largely reflected
repurchases of 56.3 million shares under our 2021&#8211;2024 share repurchase program
and 7.7 million shares under our 2018&#8211;2021 share repurchase program, partly
offset by the delivery of treasury shares under share-based compensation plans.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.5pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Shares acquired under our 2018&#8211;2021
share repurchase program totaled 157 million as of 31&nbsp;March 2021 (31&nbsp;December
<br clear=all>
2020: 149 million) for a total acquisition cost of CHF&nbsp;2,000 million
(USD&nbsp;2,044 million). This program was completed on 2&nbsp;February 2021 and
the shares repurchased under this program will be canceled by means of a
capital reduction, as approved by shareholders at the 2021 Annual General
Meeting. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.5pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">On 8&nbsp;February 2021, we
commenced a new three-year share repurchase program of up to CHF&nbsp;4 billion.
Shares acquired under this program totaled 56 million as of 31&nbsp;March 2021 for
a total acquisition cost of CHF&nbsp;810 million (USD&nbsp;883 million). </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.5pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">From 1 January 2021 to 26 April
2021, we have repurchased 64 million shares for a total acquisition cost of CHF&nbsp;920
million (USD&nbsp;1,000 million) under the 2021&#8211;2024 share repurchase program
and we repurchased 8&nbsp;million shares for a total acquisition cost of
CHF&nbsp;100 million (USD&nbsp;112 million) under the 2018&#8211;2021 share
repurchase program.</font></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to the &#8220;Return on equity and CET1
capital&#8221; table in the &#8220;Group performance&#8221; section of this report for more
information about equity attributable to shareholders and tangible equity
attributable to shareholders</font></b></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:8.25pt;">
  <td width=47% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=2% style="height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 width=36% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">As of or for the quarter ended</font></p>
  </td>
 <td width=1% style="height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">% change from</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=47% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=2% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=12% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td width=12% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.20</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=47% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=2% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=47% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Basic and diluted earnings (USD million)</font></b></p>
  </td>
 <td width=2% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=47% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net profit / (loss) attributable to shareholders for basic EPS</font></p>
  </td>
 <td width=2% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,824&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,636&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,595&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=47% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Less: (profit) / loss on own equity derivative contracts</font></p>
  </td>
 <td width=2% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1)&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;546&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=47% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net profit / (loss) attributable to shareholders for diluted EPS</font></p>
  </td>
 <td width=2% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,823&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,636&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,595&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=47% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=2% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=47% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Weighted average shares outstanding</font></b></p>
  </td>
 <td width=2% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=47% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Weighted average shares outstanding for basic EPS<sup>1</sup></font></p>
  </td>
 <td width=2% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,538,422,488&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,568,989,134&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,591,853,051&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:15.0pt;">
  <td width=47% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Effect of dilutive potential shares resulting from notional
  employee shares, in-the-money options and warrants outstanding<sup>2</sup></font></p>
  </td>
 <td width=2% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;150,824,304&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;145,097,302&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;114,911,986&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=14% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=47% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Weighted average shares outstanding for diluted EPS</font></p>
  </td>
 <td width=2% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,689,246,792&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,714,086,436&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,706,765,037&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=47% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=2% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=47% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Earnings per share</font></b></p>
  </td>
 <td width=2% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=47% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Basic earnings per share (USD)</font></p>
  </td>
 <td width=2% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.52&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.46&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.44&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=47% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Basic earnings per share (CHF)<sup>3</sup></font></p>
  </td>
 <td width=2% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.47&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.41&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.43&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=47% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Diluted earnings per share (USD)</font></p>
  </td>
 <td width=2% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.49&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.44&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.43&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=47% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Diluted earnings per share (CHF)<sup>3</sup></font></p>
  </td>
 <td width=2% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.45&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.40&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.41&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=47% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=2% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=47% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Shares outstanding and potentially dilutive instruments</font></b></p>
  </td>
 <td width=2% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=47% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Shares issued</font></p>
  </td>
 <td width=2% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,859,055,395&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,859,055,395&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,859,055,395&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=47% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Treasury shares<sup>4</sup></font></p>
  </td>
 <td width=2% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;335,907,722&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;307,477,002&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;274,964,517&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=47% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: related to share repurchase program 2018&#8211;2021</font></i></p>
  </td>
 <td width=2% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 6.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;156,632,400&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;148,975,800&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;148,975,800&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=47% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: related to share repurchase program 2021&#8211;2024</font></i></p>
  </td>
 <td width=2% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 6.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;56,269,500&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=47% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Shares outstanding</font></p>
  </td>
 <td width=2% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,523,147,673&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,551,578,393&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,584,090,878&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=47% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Potentially dilutive instruments<sup>5</sup></font></p>
  </td>
 <td width=2% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11,605,954&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14,326,517&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;29,801,232&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(19)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=47% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=2% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=47% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other key figures</font></b></p>
  </td>
 <td width=2% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=47% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total book value per share (USD)</font></p>
  </td>
 <td width=2% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16.47&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16.74&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16.16&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">(2)</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=47% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Tangible book value per share (USD)</font></p>
  </td>
 <td width=2% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14.65&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14.91&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14.37&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">(2)</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=47% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Share price (USD)<sup>6</sup></font></p>
  </td>
 <td width=2% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15.48&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14.08&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9.39&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=47% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Market capitalization (USD million)</font></p>
  </td>
 <td width=2% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;54,536&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;50,013&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;33,649&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">9</font></p>
  </td>
 </tr>
<tr style="height:19.5pt;">
  <td colspan=7 valign=top width=100% style="border:none;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 The weighted
  average shares outstanding for basic EPS are calculated by taking the number
  of shares at the beginning of the period, adjusted by the number of shares
  acquired or issued during the period, multiplied by a time-weighted factor
  for the period outstanding. As a result, balances are affected by the timing
  of acquisitions and issuances during the period.&#160;&#160;&#160; 2 The weighted average
  number of shares for notional employee awards with performance conditions
  reflects all potentially dilutive shares that are expected to vest under the
  terms of the awards.&#160;&#160;&#160; 3 Basic and diluted earnings per share in Swiss
  francs are calculated based on a translation of net profit / (loss) under our
  US dollar presentation currency.&#160;&#160;&#160; 4 Based on a settlement date view.&#160;&#160;&#160; 5
  Reflects potential shares that could dilute basic earnings per share in the
  future, but were not dilutive for the periods presented. It mainly includes
  equity derivative contracts.&#160;&#160;&#160; 6 Represents the share price as listed on the
  SIX Swiss Exchange, translated to US dollars using the closing exchange rate
  as of the respective date.</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:1.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:14.25pt;">
  <td colspan=4 width=100% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Ticker symbols UBS Group AG</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=44% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=19% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=21% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=16% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=44% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Trading exchange</font></b></p>
  </td>
 <td width=19% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">SIX / NYSE</font></b></p>
  </td>
 <td width=21% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Bloomberg</font></b></p>
  </td>
 <td width=16% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Reuters</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=44% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">SIX Swiss Exchange</font></p>
  </td>
 <td nowrap width=19% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">UBSG</font></p>
  </td>
 <td nowrap width=21% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">UBSG SW</font></p>
  </td>
 <td nowrap width=16% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">UBSG.S</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=44% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">New York Stock Exchange</font></p>
  </td>
 <td width=19% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">UBS</font></p>
  </td>
 <td width=21% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">UBS UN</font></p>
  </td>
 <td width=16% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">UBS.N</font></p>
  </td>
 </tr>
</table></div>



<font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:14.25pt;">
  <td colspan=3 width=100% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Security identification codes</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=46% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">ISIN</font></p>
  </td>
 <td width=18% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=36% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">CH0244767585</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=46% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Valoren</font></p>
  </td>
 <td width=18% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=36% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">24 476 758</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=46% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">CUSIP</font></p>
  </td>
 <td width=18% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=36% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">CINS H42097 10 7</font></b></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:1.0pt;">&#160;&nbsp;</font></p>








<p style="margin-bottom:28.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="RG_MARKER_137580"></a><a name="RG_MARKER_137675"></a></p>
<DIV bclFooter>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:justify;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">48</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_53"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font color=#006600 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

</DIV>
<p style="margin-bottom:28.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:70.0pt;line-height:70.0pt;">Consolidated financial statements<a name="RG_MARKER_137580_bclEnd"></a><a name="RG_MARKER_137675_bclEnd"></a></font></p>

<p style="margin:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:12.0pt;">Unaudited</font></p>

<p style="margin:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<p style="margin:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>





<DIV bclFooter>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_54"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font color=#006600 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

</DIV>
<p style="margin-bottom:30.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:16.0pt;line-height:18.0pt;">Table of con<a name="dummy_0"></a><a name="dummy_0_bclEnd"></a>tents</font></p>










<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:1.0pt;">
  <td valign=top width=11% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=89% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;"><a href="#Interim_ConsoFS_UBSGroupAG"><b><font color=windowtext face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">UBS Group AG interim
  consolidated financial <br>
  statements (unaudited)</font></b></a></p>
  </td>
 </tr>
<tr style="height:13.05pt;">
  <td valign=top width=11% style="height:13.05pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=89% style="height:13.05pt;padding:0mm 5.4pt 0mm 0mm;">
  <p align=left style="margin:0mm;text-align:left;"><font face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=top width=11% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">51</font></b></p>
  </td>
 <td valign=top width=89% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;"><a href="#Income_Statement"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Income statement</font></a></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=top width=11% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">52</font></b></p>
  </td>
 <td valign=top width=89% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;"><a href="#Statement_ComprehensiveIncome"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Statement of comprehensive income</font></a></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=top width=11% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">54</font></b></p>
  </td>
 <td valign=top width=89% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;"><a href="#Balance_Sheet"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Balance sheet</font></a></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=top width=11% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">56</font></b></p>
  </td>
 <td valign=top width=89% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;"><a href="#Statement_of_changes_in_equity"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Statement of changes in equity</font></a></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=top width=11% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">58</font></b></p>
  </td>
 <td valign=top width=89% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;"><a href="#Statement_of_cash_flows"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Statement of cash flows</font></a></p>
  </td>
 </tr>
<tr style="height:9.45pt;">
  <td valign=top width=11% style="height:9.45pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=89% style="height:9.45pt;padding:0mm 5.4pt 0mm 0mm;">
  <p align=left style="margin:0mm;text-align:left;"><font face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=top width=11% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">60</font></b></p>
  </td>
 <td valign=top width=89% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#AA4F49 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">1</font></b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">
  &#160;&#160;&#160; </font><a href="#Basis_of_accounting"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Basis of accounting and other financial reporting <br>
&#160;&#160;&#160;&#160;&#160;&#160; effects</font></a></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=top width=11% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">62</font></b></p>
  </td>
 <td valign=top width=89% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#AA4F49 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">2
  </font></b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">&#160;&#160;&#160; </font><a href="#Segment_reporting"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Segment reporting</font></a></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=top width=11% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">63</font></b></p>
  </td>
 <td valign=top width=89% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#AA4F49 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">3
  &#160;&#160;&#160; </font></b><a href="#Net_interest_income"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Net interest income</font></a></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=top width=11% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">63</font></b></p>
  </td>
 <td valign=top width=89% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#AA4F49 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">4
  </font></b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">&#160;&#160;&#160; </font><a href="#Net_fee_comm"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Net fee and commission income</font></a></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=top width=11% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">64</font></b></p>
  </td>
 <td valign=top width=89% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#AA4F49 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">5</font></b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">
  &#160;&#160;&#160; </font><a href="#Personnel_exp"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Personnel
  expenses</font></a></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=top width=11% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">64</font></b></p>
  </td>
 <td valign=top width=89% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#AA4F49 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">6</font></b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">
  &#160;&#160;&#160; </font><a href="#Gen_adm_exp"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">General
  and administrative expenses</font></a></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=top width=11% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">65</font></b></p>
  </td>
 <td valign=top width=89% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#AA4F49 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">7</font></b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">
  &#160;&#160;&#160; </font><a href="#Expected_credit_loss"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Expected credit loss measurement</font></a></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=top width=11% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">70</font></b></p>
  </td>
 <td valign=top width=89% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#AA4F49 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">8</font></b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">&#160;&#160;&#160;&#160; </font><a href="#FairValue_measurement"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Fair
  value measurement</font></a></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=top width=11% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">79</font></b></p>
  </td>
 <td valign=top width=89% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#AA4F49 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">9
  </font></b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">&#160;&#160;&#160; </font><a href="#Derivative_instr"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Derivative instruments</font></a></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=top width=11% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">80</font></b></p>
  </td>
 <td valign=top width=89% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#AA4F49 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">10</font></b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">
  &#160; </font><a href="#Other_Assets"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Other
  assets and liabilities</font></a></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=top width=11% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">81</font></b></p>
  </td>
 <td valign=top width=89% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#AA4F49 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">11</font></b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">
  &#160; </font><a href="#Fin_liab_FV"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Debt
  issued designated at fair value</font></a></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=top width=11% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">81</font></b></p>
  </td>
 <td valign=top width=89% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#AA4F49 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">12</font></b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">
  &#160; </font><a href="#Debt_amort_cost"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Debt
  issued measured at amortized cost</font></a></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=top width=11% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">82</font></b></p>
  </td>
 <td valign=top width=89% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#AA4F49 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">13</font></b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">
  &#160; </font><a href="#IBOR"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Interest
  rate benchmark reform</font></a></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=top width=11% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">85</font></b></p>
  </td>
 <td valign=top width=89% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#AA4F49 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">14</font></b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">
  &#160; </font><a href="#Prov_Contingent_Liab_Group_AG_EN"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Provisions and contingent liabilities</font></a></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=top width=11% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">91</font></b></p>
  </td>
 <td valign=top width=89% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#AA4F49 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">15</font></b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">
  &#160; </font><a href="#Ccy_translation_rates"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Currency translation rates</font></a></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=top width=11% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=89% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p align=left style="margin:0mm;text-align:left;"><font face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=top width=11% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=89% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;"><a href="#Interim_ConsoFS_UBSAG"><b><font color=windowtext face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">UBS AG interim consolidated
  financial information <br>
  (unaudited)</font></b></a></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=top width=11% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=89% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p align=left style="margin:0mm;text-align:left;"><font face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:1.0pt;">
  <td valign=top width=11% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:11.5pt;">92</font></b></p>
  </td>
 <td valign=top width=89% style="height:1.0pt;padding:0mm 5.4pt 0mm 0mm;">
  <p style="margin:0mm;"><a href="#Comparison_GroupVsAG"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">Comparison between UBS Group AG consolidated and <br>
  UBS AG consolidated</font></a></p>
  </td>
 </tr>
</table></div>










<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#160;&nbsp;</font></p>








<p style="margin-bottom:30.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="Interim_ConsoFS_UBSGroupAG"></a><a name="RG_MARKER_137591"></a><a name="RG_MARKER_137740"></a></p>
<DIV bclFooter>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_55"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font color=#006600 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

</DIV>
<p style="margin-bottom:30.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:28.0pt;line-height:30.0pt;">UBS Group AG i<a name="RG_MARKER_137591_bclEnd"></a><a name="RG_MARKER_137740_bclEnd"></a>nterim
consolidated financial <a name="Income_Statement"></a>statements<a name="Income_Statement_bclEnd"></a> (unaudited)<a name="Interim_ConsoFS_UBSGroupAG_bclEnd"></a></font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:14.25pt;">
  <td width=60% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Income statement</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=5% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=5% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 width=33% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">For the quarter ended</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=5% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Note</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=11% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td width=11% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.20</font></p>
  </td>
 </tr>
<tr style="height:15.75pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Interest income from financial instruments measured at amortized
  cost and fair value through</font></p>
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">other comprehensive income</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,097&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,111&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,455&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Interest expense from financial instruments measured at
  amortized cost</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(833)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(857)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1,385)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net interest income from financial instruments measured at fair
  value through profit or loss</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=5% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;349&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;368&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;261&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net interest income</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,613&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,622&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,330&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other net income from financial instruments measured at fair
  value through profit or loss</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,309&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,453&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,807&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Credit loss (expense) / release</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=5% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;28&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(66)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(268)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Fee and commission income</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,169&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,543&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,477&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Fee and commission expense</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=5% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(478)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(459)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(456)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net fee and commission income</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,691&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,084&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,021&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other income</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=5% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;64&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;24&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;43&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total operating income</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=5% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,705&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,117&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7,934&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Personnel expenses</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,801&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,989&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,321&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">General and administrative expenses</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,089&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,515&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,133&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Depreciation and impairment of property, equipment and software</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;508&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;617&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;456&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Amortization and impairment of goodwill and intangible assets</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=5% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total operating expenses</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=5% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,407&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,132&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,926&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Operating profit / (loss) before tax</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,298&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,985&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,008&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Tax expense / (benefit)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=5% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;471&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;341&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;410&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net profit / (loss)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=5% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,827&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,645&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,598&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net profit / (loss) attributable to non-controlling interests</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net profit / (loss) attributable to shareholders</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=5% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,824&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,636&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,595&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=5% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:15.0pt;">
  <td nowrap width=60% style="height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=1% style="height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=5% style="height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=1% style="height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=11% style="height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=11% style="height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap width=11% style="height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Earnings per share (USD)</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=5% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Basic</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.52&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.46&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.44&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Diluted</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=5% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.49&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.44&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.43&nbsp;</font></p>
  </td>
 </tr>
</table></div>






<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><a name="Statement_ComprehensiveIncome"></a></p>
<DIV bclFooter>

 <p align=right style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:right;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">51</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_56"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">UBS Group AG interim consolidated financial
 statements (unaudited)</font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:1.0pt;"></font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:15.75pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Statement of comprehensive income</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 width=33% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">For the quarter ended</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=11% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td width=11% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.20</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Comprehensive income attributable to shareholders</font></b><sup><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1</font></b></sup></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net profit / (loss)</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,824&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,636&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,595&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:7.5pt;">
  <td width=66% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other comprehensive income that may be reclassified to the
  income statement</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Foreign currency translation</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Foreign currency translation movements related to net assets of
  foreign operations, before tax</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1,463)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,143&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(280)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Effective portion of changes in fair value of hedging
  instruments designated as net investment hedges, before tax</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;708&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(539)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;143&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Foreign currency translation differences on foreign operations
  reclassified to the income statement</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:16.5pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:16.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Effective portion of changes in fair value of hedging
  instruments designated as net investment hedges reclassified to
  the&nbsp;income&nbsp;statement</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:16.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:16.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:16.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:16.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(8)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Income tax relating to foreign currency translations, including
  the impact of net investment hedges</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(52)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Subtotal foreign currency translation, net of tax</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(744)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;552&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(145)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Financial assets measured at fair value through other
  comprehensive income</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net unrealized gains / (losses), before tax</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(131)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;208&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Realized gains reclassified to the income statement from equity</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(8)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(3)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(9)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Realized losses reclassified to the income statement from equity</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Income tax relating to net unrealized gains / (losses)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;35&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(51)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Subtotal financial assets measured at fair value through other
  comprehensive income, net of tax</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(102)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;147&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Cash flow hedges of interest rate risk</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Effective portion of changes in fair value of derivative
  instruments designated as cash flow hedges, before tax</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1,172)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(191)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,953&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net (gains) / losses reclassified to the income statement from
  equity</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(254)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(256)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(103)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Income tax relating to cash flow hedges</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;266&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;87&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(345)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Subtotal cash flow hedges, net of tax</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1,160)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(360)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,505&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Cost of hedging</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Change in fair value of cost of hedging, before tax</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(13)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(8)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Amortization of initial cost of hedging to the income statement</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Income tax relating to cost of hedging</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Subtotal cost of hedging, net of tax</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(6)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total other comprehensive income that may be reclassified to the
  income statement, net of tax</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2,012)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;191&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,515&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:7.5pt;">
  <td width=66% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other comprehensive income that will not be reclassified to the
  income statement</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Defined benefit plans</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Gains / (losses) on defined benefit plans, before tax</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(136)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;37&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Income tax relating to defined benefit plans</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;23&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;49&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;143&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Subtotal defined benefit plans, net of tax</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(113)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;86&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;153&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Own credit on financial liabilities designated at fair value</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Gains / (losses) from own credit on financial liabilities
  designated at fair value, before tax</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(29)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(211)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,156&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Income tax relating to own credit on financial liabilities
  designated at fair value</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(223)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Subtotal own credit on financial liabilities designated at fair
  value, net of tax</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(29)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(211)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;934&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total other comprehensive income that will not be reclassified
  to the income statement, net of tax</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(142)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(126)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,086&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:7.5pt;">
  <td width=66% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total other comprehensive income</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2,154)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;65&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,602&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total comprehensive income attributable to shareholders</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(330)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,701&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,197&nbsp;</font></p>
  </td>
 </tr>
</table></div>






<p style="margin:0mm;text-align:justify;"><a name="Statement_ComprehensiveIncome_bclEnd"></a><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>


<DIV bclFooter>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:justify;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">52</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

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</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_57"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

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 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font color=#006600 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

</DIV>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:14.25pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Statement of
  comprehensive income (continued)</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 width=33% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">For the quarter ended</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=11% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td width=11% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.20</font></p>
  </td>
 </tr>
<tr style="height:7.5pt;">
  <td width=66% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Comprehensive income attributable to non-controlling interests</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net profit / (loss)</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:7.5pt;">
  <td width=66% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other comprehensive income that will not be reclassified to the
  income statement</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Foreign currency translation movements, before tax</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(12)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;18&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(5)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Income tax relating to foreign currency translation movements</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Subtotal foreign currency translation, net of tax</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(12)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;18&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(5)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total other comprehensive income that will not be reclassified
  to the income statement, net of tax</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(12)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;18&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(5)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total comprehensive income attributable to non-controlling
  interests</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(9)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;27&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:7.5pt;">
  <td width=66% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Total comprehensive income </font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net profit / (loss)</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,827&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,645&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,598&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other comprehensive income</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2,166)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;83&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,597&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: other comprehensive income that may be reclassified to
  the income statement</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2,012)&nbsp;</font></i></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;191&nbsp;</font></i></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,515&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: other comprehensive income that will not be
  reclassified to the income statement</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(155)&nbsp;</font></i></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(108)&nbsp;</font></i></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,082&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total comprehensive income</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(339)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,728&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,195&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:37.5pt;">
  <td colspan=5 valign=top width=100% style="border:none;height:37.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 Refer to the
  &#8220;Group performance&#8221; section of this report for more information. </font></p>
  </td>
 </tr>
</table></div>






<p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><a name="Balance_Sheet"></a></p>
<DIV bclFooter>

 <p align=right style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:right;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">53</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_58"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">UBS Group AG interim consolidated financial
 statements (unaudited)</font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:1.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:14.25pt;">
  <td width=67% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Balance sheet</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=67% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Note</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 </tr>
<tr style="height:7.5pt;">
  <td width=67% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=67% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Assets</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=67% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Cash and balances at central banks</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;158,914&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;158,231&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=67% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Loans and advances to banks</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;18,448&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15,444&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=67% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Receivables from securities financing transactions</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;82,384&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;74,210&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=67% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Cash collateral receivables on derivative instruments</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;35,046&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;32,737&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=67% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Loans and advances to customers</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;376,798&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;379,528&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=67% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other financial assets measured at amortized cost</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;26,770&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;27,194&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=67% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total financial assets measured at amortized cost</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;698,361&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;687,345&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=67% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Financial assets at fair value held for trading</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;120,576&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;125,397&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=67% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: assets pledged as collateral that may be sold or repledged
  by counterparties</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;48,385&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;47,098&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=67% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Derivative financial instruments</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">8, 9</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;148,282&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;159,617&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=67% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Brokerage receivables</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;24,201&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;24,659&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=67% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Financial assets at fair value not held for trading</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;69,187&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;80,364&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=67% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total financial assets measured at fair value through profit or
  loss</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;362,246&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;390,037&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=67% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Financial assets measured at fair value through other
  comprehensive income</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,100&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,258&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=67% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Investments in associates</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,542&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,557&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=67% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Property, equipment and software</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12,716&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13,109&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=67% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Goodwill and intangible assets</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,427&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,480&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=67% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Deferred tax assets</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9,195&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9,212&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=67% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other non-financial assets</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9,125&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9,768&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=67% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total assets</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,107,712&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,125,765&nbsp;</font></p>
  </td>
 </tr>
</table></div>






<p style="margin:0mm;text-align:justify;"><a name="Balance_Sheet_bclEnd"></a><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>


<DIV bclFooter>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:justify;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">54</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

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</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_59"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font color=#006600 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

</DIV>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:14.25pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Balance sheet
  (continued)</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Note</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 </tr>
<tr style="height:7.5pt;">
  <td width=66% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Liabilities</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Amounts due to banks</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12,564&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11,050&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Payables from securities financing transactions</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,651&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,321&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Cash collateral payables on derivative instruments</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;36,571&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;37,312&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Customer deposits</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;505,448&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;524,605&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Debt issued measured at amortized cost</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;144,682&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;139,232&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other financial liabilities measured at amortized cost</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9,257&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9,729&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total financial liabilities measured at amortized cost</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;715,174&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;728,250&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Financial liabilities at fair value held for trading</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;37,062&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;33,595&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Derivative financial instruments</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">8, 9</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;146,036&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;161,102&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Brokerage payables designated at fair value</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;45,600&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;38,742&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Debt issued designated at fair value</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">8, 11</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;66,535&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;61,243&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other financial liabilities designated at fair value</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">8, 10</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;28,855&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;30,387&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total financial liabilities measured at fair value through
  profit or loss</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;324,088&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;325,069&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Provisions</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,726&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,828&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other non-financial liabilities</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7,391&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9,854&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total liabilities</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,049,379&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,066,000&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:7.5pt;">
  <td width=66% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Equity</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Share capital</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;338&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;338&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Share premium</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16,217&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16,753&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Treasury shares</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(4,623)&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(4,068)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Retained earnings</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;40,482&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;38,776&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other comprehensive income recognized directly in equity, net of
  tax</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,612&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7,647&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Equity attributable to shareholders</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;58,026&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;59,445&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Equity attributable to non-controlling interests</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;307&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;319&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total equity</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;58,333&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;59,765&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total liabilities and equity</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,107,712&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,125,765&nbsp;</font></p>
  </td>
 </tr>
</table></div>






<p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><a name="Statement_of_changes_in_equity"></a></p>
<DIV bclFooter>

 <p align=right style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:right;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">55</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_60"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">UBS Group AG interim consolidated financial
 statements (unaudited)</font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:1.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:14.25pt;">
  <td width=60% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Statement of changes in equity</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:34.5pt;">
  <td valign=bottom width=60% style="border:none;border-bottom:solid #74726F 1.0pt;height:34.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td valign=bottom width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:34.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Share</font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">capital</font></p>
  </td>
 <td valign=bottom width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:34.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Share</font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">premium</font></p>
  </td>
 <td valign=bottom width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:34.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Treasury</font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">shares</font></p>
  </td>
 <td valign=bottom width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:34.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Retained</font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">earnings</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Balance as of 1 January 2020</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;338&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;18,064&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(3,326)&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;34,122&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Acquisition of treasury shares</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(983)<sup>2</sup></font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Delivery of treasury shares under share-based compensation plans</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(589)&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;615&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other disposal of treasury shares</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(13)&nbsp;</font></p>
  </td>
 <td width=10% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;59<sup>2</sup></font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Share-based compensation expensed in the income statement</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;163&nbsp;</font></p>
  </td>
 <td width=10% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Tax (expense) / benefit</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Dividends</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Translation effects recognized directly in retained earnings</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Share of changes in retained earnings of associates and joint
  ventures</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(40)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">New consolidations / (deconsolidations) and other increases /
  (decreases)</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total comprehensive income for the period</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,681&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.45pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: net profit / (loss)</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,595&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:11.45pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: OCI that may be reclassified to the income statement,
  net of tax</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:11.45pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: OCI that will not be reclassified to the income
  statement, net of tax &#8211; defined benefit plans</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;153&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:11.45pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: OCI that will not be reclassified to the income
  statement, net of tax &#8211; own credit</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;934&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:11.45pt;">
  <td width=60% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: OCI that will not be reclassified to the income
  statement, net of tax &#8211; foreign currency translation</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Balance as of 31 March 2020</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;338&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;17,633&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(3,636)&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;36,764&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Balance as of 1 January 2021</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;338&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16,753&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(4,068)&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;38,776&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Acquisition of treasury shares</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1,274)<sup>2</sup></font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Delivery of treasury shares under share-based compensation plans</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(652)&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;697&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other disposal of treasury shares</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;23<sup>2</sup></font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Share-based compensation expensed in the income statement</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;166&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Tax (expense) / benefit</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Dividends</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Equity classified as obligation to purchase own shares</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(56)&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Translation effects recognized directly in retained earnings</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;23&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Share of changes in retained earnings of associates and joint
  ventures</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">New consolidations / (deconsolidations) and other increases /
  (decreases)</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1)&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total comprehensive income for the period</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,682&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.45pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: net profit / (loss)</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,824&nbsp;</font></i></b></p>
  </td>
 </tr>
<tr style="height:11.45pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: OCI that may be reclassified to the income statement,
  net of tax</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 </tr>
<tr style="height:11.45pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: OCI that will not be reclassified to the income
  statement, net of tax &#8211; defined benefit plans</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(113)&nbsp;</font></i></b></p>
  </td>
 </tr>
<tr style="height:11.45pt;">
  <td width=60% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: OCI that will not be reclassified to the income
  statement, net of tax &#8211; own credit</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(29)&nbsp;</font></i></b></p>
  </td>
 </tr>
<tr style="height:11.45pt;">
  <td width=60% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: OCI that will not be reclassified to the income
  statement, net of tax &#8211; foreign currency translation</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=60% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Balance as of 31 March 2021</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;338&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16,217&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(4,623)&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;40,482&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:34.5pt;">
  <td colspan=5 valign=top width=100% style="border:none;height:34.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 Excludes other
  comprehensive income related to defined benefit plans and own credit that is
  recorded directly in Retained earnings.&#160;&#160;&#160; 2 Includes treasury shares
  acquired and disposed of by the Investment Bank in its capacity as a
  market-maker with regard to UBS shares and related derivatives, and to hedge
  certain issued structured debt instruments. These acquisitions and disposals
  are reported based on the sum of the net monthly movements.</font></p>
  </td>
 </tr>
</table></div>






<p style="margin:0mm;text-align:justify;"><a name="Statement_of_changes_in_equity_bclEnd"></a><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>


<DIV bclFooter>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:justify;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">56</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

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</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_61"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

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 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font color=#006600 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

</DIV>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:14.25pt;">
  <td width=14% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:34.5pt;">
  <td valign=bottom width=14% style="border:none;border-bottom:solid #74726F 1.0pt;height:34.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other comprehensive</font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">income recognized</font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">directly in equity,</font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">net of tax<sup>1</sup></font></p>
  </td>
 <td valign=bottom width=13% style="border:none;border-bottom:solid #74726F 1.0pt;height:34.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which:</font></i></p>
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">foreign currency translation</font></i></p>
  </td>
 <td valign=bottom width=13% style="border:none;border-bottom:solid #74726F 1.0pt;height:34.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which:</font></i></p>
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">financial assets</font></i></p>
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">measured at fair value through OCI</font></i></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:34.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which:</font></i></p>
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">cash flow hedges</font></i></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:34.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which:</font></i></p>
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">cost of hedging</font></i></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:34.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total equity</font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">attributable to</font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">shareholders</font></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:34.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Non-controlling</font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">interests</font></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:34.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total equity</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,303&nbsp;</font></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,028&nbsp;</font></i></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,260&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;54,501&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;174&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;54,675&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(983)&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(983)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;25&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;25&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;45&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;45&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;163&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;163&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(3)&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(3)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(40)&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(40)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,515&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(145)&nbsp;</font></i></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;147&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,505&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,197&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2)&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,195&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.45pt;">
  <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,595&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></i></p>
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 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,598&nbsp;</font></i></p>
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 </tr>
<tr style="height:11.45pt;">
  <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,515&nbsp;</font></i></p>
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 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(145)&nbsp;</font></i></p>
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 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;147&nbsp;</font></i></p>
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 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,505&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></i></p>
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 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,515&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,515&nbsp;</font></i></p>
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 </tr>
<tr style="height:11.45pt;">
  <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;153&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;153&nbsp;</font></i></p>
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 </tr>
<tr style="height:11.45pt;">
  <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;934&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;934&nbsp;</font></i></p>
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 </tr>
<tr style="height:11.45pt;">
  <td width=14% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=13% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=13% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(5)&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(5)&nbsp;</font></i></p>
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 </tr>
<tr style="height:11.25pt;">
  <td width=14% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,818&nbsp;</font></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,883&nbsp;</font></i></p>
  </td>
 <td width=13% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;162&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,765&nbsp;</font></i></p>
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 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;57,917&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;169&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;58,086&nbsp;</font></b></p>
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 </tr>
<tr style="height:11.25pt;">
  <td width=14% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
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 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
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 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
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 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
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 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
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 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
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 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;319&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;59,765&nbsp;</font></b></p>
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 </tr>
<tr style="height:11.25pt;">
  <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1,274)&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1,274)&nbsp;</font></b></p>
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 </tr>
<tr style="height:11.25pt;">
  <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;44&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;44&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;26&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;26&nbsp;</font></b></p>
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 </tr>
<tr style="height:11.25pt;">
  <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;166&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;166&nbsp;</font></b></p>
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 </tr>
<tr style="height:11.25pt;">
  <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4&nbsp;</font></b></p>
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 </tr>
<tr style="height:11.25pt;">
  <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(3)&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(3)&nbsp;</font></b></p>
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 </tr>
<tr style="height:11.25pt;">
  <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(56)&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(56)&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(23)&nbsp;</font></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(23)&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1)&nbsp;</font></b></p>
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 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1)&nbsp;</font></b></p>
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 </tr>
<tr style="height:11.25pt;">
  <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2,012)&nbsp;</font></b></p>
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 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(744)&nbsp;</font></i></b></p>
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 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(102)&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1,160)&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(6)&nbsp;</font></i></b></p>
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 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(330)&nbsp;</font></b></p>
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 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(9)&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(339)&nbsp;</font></b></p>
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 </tr>
<tr style="height:11.45pt;">
  <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,824&nbsp;</font></i></b></p>
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 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></i></b></p>
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 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,827&nbsp;</font></i></b></p>
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 </tr>
<tr style="height:11.45pt;">
  <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2,012)&nbsp;</font></i></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(744)&nbsp;</font></i></b></p>
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 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(102)&nbsp;</font></i></b></p>
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 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1,160)&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(6)&nbsp;</font></i></b></p>
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 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2,012)&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2,012)&nbsp;</font></i></b></p>
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 </tr>
<tr style="height:11.45pt;">
  <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(113)&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(113)&nbsp;</font></i></b></p>
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 </tr>
<tr style="height:11.45pt;">
  <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(29)&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(29)&nbsp;</font></i></b></p>
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 </tr>
<tr style="height:11.45pt;">
  <td width=14% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.45pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(12)&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.45pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(12)&nbsp;</font></i></b></p>
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 </tr>
<tr style="height:11.25pt;">
  <td width=14% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,612&nbsp;</font></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,444&nbsp;</font></i></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;49&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,138&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(19)&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;58,026&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;307&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;58,333&nbsp;</font></b></p>
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 </tr>
<tr style="height:34.5pt;">
  <td width=14% style="border:none;height:34.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;height:34.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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 <td width=13% style="border:none;height:34.5pt;padding:0mm 0mm 0mm 0mm;">
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  </td>
 <td width=12% style="border:none;height:34.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;height:34.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;height:34.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;height:34.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;height:34.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>






<p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><a name="Statement_of_cash_flows"></a></p>
<DIV bclFooter>

 <p align=right style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:right;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">57</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_62"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">UBS Group AG interim consolidated financial
 statements (unaudited)</font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:1.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:14.25pt;">
  <td width=77% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Statement of cash flows</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 width=22% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Year-to-date</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=11% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.20</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Cash flow from / (used in) operating activities</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net profit / (loss)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,827&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,598&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Non-cash items included in net profit and other adjustments:</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Depreciation and impairment of property, equipment and software</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;508&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;456&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Amortization and impairment of goodwill and intangible assets</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Credit loss expense / (release)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(28)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;268&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Share of net profits of associates / joint ventures and
  impairment of associates</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(53)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(16)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Deferred tax expense / (benefit)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;65&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;188&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net loss / (gain) from investing activities</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(146)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;84&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net loss / (gain) from financing activities</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1,571)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(12,558)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other net adjustments</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,628&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(241)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net change in operating assets and liabilities:</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Loans and advances to banks / amounts due to banks</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,995&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12,436&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Securities financing transactions</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(8,614)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(439)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Cash collateral on derivative instruments</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(3,063)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2,030)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Loans and advances to customers</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(10,952)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(11,193)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Customer deposits</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2,823)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;18,466&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Financial assets and liabilities at fair value held for trading
  and derivative financial instruments</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,745&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;35,463&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Brokerage receivables and payables</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7,329&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1,903)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Financial assets at fair value not held for trading, other
  financial assets and liabilities</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9,218&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2,263)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Provisions, other non-financial assets and liabilities</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1,499)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2,212)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Income taxes paid, net of refunds</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(212)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(286)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net cash flow from / (used in) operating activities</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;362&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;35,832&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Cash flow from / (used in) investing activities</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Purchase of subsidiaries, associates and intangible assets</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Purchase of property, equipment and software</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(432)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(374)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Disposal of property, equipment and software</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Purchase of financial assets measured at fair value through
  other comprehensive income</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1,376)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1,835)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Disposal and redemption of financial assets measured at fair
  value through other comprehensive income</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,412&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;674&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net (purchase) / redemption of debt securities measured at
  amortized cost</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;38&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net cash flow from / (used in) investing activities</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(393)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1,496)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>






<p style="margin:0mm;text-align:justify;"><a name="Statement_of_cash_flows_bclEnd"></a><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>


<DIV bclFooter>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:justify;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">58</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

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</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_63"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font color=#006600 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

</DIV>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:14.25pt;">
  <td width=77% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Statement of cash
  flows (continued)</font></b></p>
  </td>
 <td valign=top width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td valign=top width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=1% style="height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 width=22% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Year-to-date</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=11% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.20</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Cash flow from / (used in) financing activities</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net short-term debt issued / (repaid)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,054&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,751&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net movements in treasury shares and own equity derivative
  activity</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1,225)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(917)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Repayment of lease liabilities</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(152)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(140)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Issuance of long-term debt, including debt issued designated at
  fair value</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;35,995&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;23,041&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Repayment of long-term debt, including debt issued designated at
  fair value</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(23,013)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(23,971)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net changes in non-controlling interests</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(3)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(8)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net cash flow from / (used in) financing activities</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12,654&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,756&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Total cash flow</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Cash and cash equivalents at the beginning of the period</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;173,531&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;119,873&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net cash flow from / (used in) operating, investing and
  financing activities</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12,623&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;38,091&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Effects of exchange rate differences on cash and cash
  equivalents</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(7,983)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(176)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Cash and cash equivalents at the end of the period<sup>1</sup></font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;178,171&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;157,789&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: cash and balances at central banks<sup>2</sup></font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;158,769&nbsp;</font></i></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;139,155&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: loans and advances to banks</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;17,151&nbsp;</font></i></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16,087&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: money market paper</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,252&nbsp;</font></i></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,547&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Additional information</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net cash flow from / (used in) operating activities includes:</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Interest received in cash</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,756&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,457&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Interest paid in cash</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,638&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,886&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Dividends on equity investments, investment funds and associates
  received in cash</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;624&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;727&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:35.25pt;">
  <td colspan=4 valign=top width=100% style="border:none;height:35.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1&nbsp;USD&nbsp;4,064
  million and USD 4,370 million of cash and cash equivalents (mainly reflected
  in Loans and advances to banks) were restricted as of 31 March 2021 and 31
  March 2020, respectively. Refer to &#8220;Note 23 Restricted and transferred
  financial assets&#8221; in the &#8220;Consolidated financial statements&#8221; section of the
  Annual Report 2020 for more information.&#160;&#160;&#160; 2 Includes only balances with an
  original maturity of three months or less. </font></p>
  </td>
 </tr>
</table></div>












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 <p align=right style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:right;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">59</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

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 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">Notes to the UBS Group AG interim consolidated
 financial statements (unaudited)</font></font><font style="border:none;">&nbsp;</font></p>

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<p style="margin-bottom:30.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:26.0pt;line-height:28.0pt;">Notes to the UBS Group AG interim <a name="RG_MARKER_137587_bclEnd"></a><a name="RG_MARKER_137741_bclEnd"></a><br>
consolidated financial statements (unaudited)</font></p>

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<p style="border:none;margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><a name="Basis_of_accounting"></a><a name="XBRL_TS_4d256bedb63b48da9a893761f"></a><a name="RG_MARKER_137600"></a><a name="RG_MARKER_137742"></a><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Note <a name="RG_MARKER_137600_bclEnd"></a><a name="RG_MARKER_137742_bclEnd"></a></font></b><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">1 &nbsp;</font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#160;</font></b><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Basis of accounting and other financial reporting effects<a name="Basis_of_accounting_bclEnd"></a><a name="XBRL_TS_4d256bedb63b48da9a893761f_bclEnd"></a></font></b></p>

</div>









<p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="XBRL_TS_ca03e989f16040d8a563f5c02"></a><a name="XBRL_TS_eb6f6a4a10f6478eb92f0d4ac"></a><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Basis of preparation</font></b></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The consolidated financial statements (the financial
statements) of UBS Group AG and its subsidiaries (together, &#8220;UBS&#8221; or the
&#8220;Group&#8221;) are prepared in accordance with International Financial Reporting
Standards (IFRS), as issued by the International Accounting Standards Board (the
IASB), and are presented in US dollars (USD). These interim financial
statements are prepared in accordance with IAS 34, </font><i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Interim Financial
Reporting</font></i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">.&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">In preparing these interim financial statements, the same
accounting policies and methods of computation have been applied as in the UBS
Group AG consolidated annual financial statements for the period ended
31&nbsp;December 2020, except for the changes described in this Note. These
interim financial statements are unaudited and should be read in conjunction
with UBS Group AG&#8217;s audited consolidated financial statements included in the
Annual Report 2020, and the &#8220;Management report&#8221; sections of this report. In the
opinion of management, all necessary adjustments were made for a fair
presentation of the Group&#8217;s financial position, results of operations and cash
flows. </font></p>

<p style="margin:0mm;margin-bottom:11.3pt;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Preparation of these interim
financial statements requires management to make estimates and assumptions that
affect the reported amounts of assets, liabilities, income, expenses and
disclosures of contingent assets and liabilities. These estimates and
assumptions are based on the best available information. Actual results in the
future could differ from such estimates and differences may be material to the
financial statements. Revisions to estimates, based on regular reviews, are
recognized in the period in which they occur. For more information about areas
of estimation uncertainty that are considered to require critical judgment,
refer to &#8220;Note 1a Significant accounting policies&#8221; in the &#8220;Consolidated
financial statements&#8221; section of the Annual Report 2020.<a name="XBRL_TS_dfcf6722ef064510926d7ad40"></a><a name="XBRL_TS_ca03e989f16040d8a563f5c02_bclEnd"></a><a name="XBRL_TS_eb6f6a4a10f6478eb92f0d4ac_bclEnd"></a></font></p>

<b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font></b><p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Amendments to IFRS 9, IAS 39 and IFRS 7 </font></b><b><i><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">(Interest Rate
Benchmark Reform &#8211; Phase 2)</font></i></b></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">On 1&nbsp;January 2021, UBS adopted </font><i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Interest Rate
Benchmark Reform &#8211; Phase 2, Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and
IFRS 16</font></i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">, addressing a number of issues in financial reporting areas that
arise when interbank offered rates (IBORs) are reformed or replaced.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The amendments provide a practical expedient which permits certain
changes in the contractual cash flows of debt instruments attributable to the
replacement of IBORs with alternative reference rates (ARRs) to be accounted
for prospectively by updating the instrument&#8217;s effective interest rate (EIR), provided
(i) the change is necessary as a direct consequence of IBOR reform and (ii) the
new basis for determining the contractual cash flows is economically equivalent
to the previous basis. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Where some or all of a change in the basis for determining the
contractual cash flows of a financial asset and liability does not meet the
above criteria, the practical expedient is first applied to the changes
required by interest rate benchmark reform, including updating the EIR. Any
additional changes that do not qualify for the practical expedient are
accounted for as modification or derecognition, with the resulting gain or loss
recognized immediately in the income statement.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">UBS adopted the contractual cash flow amendments with no
material effect on the Group&#8217;s financial statements.</font></p>




<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>








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 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:justify;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">60</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

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 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font color=#006600 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

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<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;"><p style="border:none;margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Note </font></b><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">1 &nbsp;</font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#160;</font></b><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Basis of accounting and
other financial reporting effects (continued)</font></b></p>

</div>









<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">In terms of hedge accounting, the amendments provide relief in
a number of areas. The following hedge accounting reliefs are expected to
benefit UBS.</font></p>

<p style="margin-bottom:0mm;margin-left:11.35pt;margin-right:0mm;margin-top:0mm;text-align:justify;text-indent:-11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#8211;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;line-height:11.5pt;">&nbsp;&nbsp;
&nbsp;</font><font dir=LTR>&nbsp;</font><i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Risk components</font></i></p>

<p style="margin-bottom:0mm;margin-left:11.35pt;margin-right:0mm;margin-top:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The amendments permit UBS to
designate an alternative benchmark rate as a non-contractually specified risk
component, even if it is not separately identifiable at the date when it is
designated, provided UBS can reasonably expect that it will meet the
requirements within 24 months of the first designation and the risk component
is reliably measurable. As of 31&nbsp;March 2021, UBS has designated the Secured
Overnight Financing Rate (SOFR), the Swiss Average Rate Overnight (SARON) and the
Sterling Overnight Index Average (SONIA) as the hedged risk in USD&nbsp;4.5 billion,
USD&nbsp;0.4 billion and USD&nbsp;0.7 billion of new fair value hedges of
interest rate risk related to debt instruments, respectively.</font></p>

<p style="margin-bottom:0mm;margin-left:11.35pt;margin-right:0mm;margin-top:0mm;text-align:justify;text-indent:-11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#8211;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;line-height:11.5pt;">&nbsp;&nbsp;
&nbsp;</font><font dir=LTR>&nbsp;</font><i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Hedge designation</font></i></p>

<p style="margin-bottom:0mm;margin-left:11.35pt;margin-right:0mm;margin-top:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">UBS will update its hedge
documentation to reflect the change in designation relating to IBOR reform by
the end of the reporting period in which the changes are made. Following
amendments to the hedge documentation, UBS will continue its hedge
relationships provided the other hedge accounting criteria and requirements of
the Phase 2 amendment are met. As of 31&nbsp;March 2021, no such changes have
been made.</font></p>

<i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font></i><p style="margin-bottom:0mm;margin-left:11.35pt;margin-right:0mm;margin-top:0mm;text-align:justify;text-indent:-11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#8211;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;line-height:11.5pt;">&nbsp;&nbsp;
&nbsp;</font><font dir=LTR>&nbsp;</font><i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Amounts accumulated in the cash flow hedge
reserve</font></i></p>

<p style="margin-bottom:0mm;margin-left:11.35pt;margin-right:0mm;margin-top:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Upon changing the hedge
designation as set out above, the accumulated amounts in the cash flow hedge
reserve are assumed to be based on the alternative benchmark rate. For
discontinued hedging relationships, when the interest rate benchmark on which
the hedged future cash flows were based is changed as required by IBOR reform,
the amount accumulated in the cash flow hedge reserve is also assumed to be
based on the alternative benchmark rate for the purpose of assessing whether
the hedged future cash flows are still expected to occur. As of 31&nbsp;March
2021, no such changes have been made.</font></p>

<p style="margin-bottom:0mm;margin-left:11.35pt;margin-right:0mm;margin-top:0mm;text-align:justify;text-indent:-11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#8211;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;line-height:11.5pt;">&nbsp;&nbsp;
&nbsp;</font><font dir=LTR>&nbsp;</font><i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Retrospective effectiveness assessment as
applied to hedges designated under IAS 39</font></i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <br>
UBS may elect to reset to zero the cumulative fair value changes of the hedged
item and hedging instrument for the purpose of assessing the retrospective
effectiveness of a hedging relationship. UBS will be able to make such election
upon the end of the phase&nbsp;1 exception for effectiveness assessment. As of
31&nbsp;March 2021, no such election has been made.</font></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to &#8220;Note 25 Hedge accounting&#8221; in the &#8220;Consolidated
financial statements&#8221; section of the Annual Report 2020 for details about phase&nbsp;1
accounting reliefs</font></b></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:0mm;"><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">&nbsp;</font></b></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The amendments also introduced additional disclosure
requirements regarding the Group&#8217;s management of the transition to alternative
benchmark rates, its progress at the reporting date and the risks to which it
is exposed arising from financial instruments because of the transition.</font></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to Note 13 for more information</font></b></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>








<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>








<p style="margin:0mm;text-align:justify;"><a name="XBRL_TS_dfcf6722ef064510926d7ad40_bclEnd"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:3.0pt;">&#160;&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><a name="Segment_reporting"></a><a name="RG_MARKER_137743"></a><a name="RG_MARKER_137610"></a><a name="RG_MARKER_137610_bclEnd"></a><a name="RG_MARKER_137743_bclEnd"></a></p>
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 <p align=right style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:right;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">61</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

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</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_66"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

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 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">Notes to the UBS Group AG interim consolidated
 financial statements (unaudited)</font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:3.0pt;"></font></p>

<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><a name="XBRL_TS_558e39730c1d4d38909a4119e"></a><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Note </font></b><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">2&nbsp;</font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#160;
</font></b><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Segment reporting<a name="Segment_reporting_bclEnd"></a><a name="XBRL_TS_558e39730c1d4d38909a4119e_bclEnd"></a></font></b></p>

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<p style="margin:0mm;text-align:justify;"><a name="XBRL_TS_dc797f35aa4d4154bd817dd47"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">UBS&#8217;s
businesses are organized globally into four business divisions: Global Wealth
Management, Personal &amp; Corporate Banking, Asset Management and the
Investment Bank. All four business divisions are supported by Group Functions
and qualify as reportable segments for the purpose of segment reporting.
Together with Group Functions they reflect the management structure of the
Group. </font></p>

<p style="margin-bottom:0mm;margin-left:19.85pt;margin-right:0mm;margin-top:0mm;text-indent:-8.5pt;"><font face="Frutiger 45 Light Bold" style="position:relative;top:-1.0pt;"><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:12.0pt;font-weight:normal;line-height:11.5pt;">&#8250;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;
&nbsp;</font></font><font dir=LTR>&nbsp;</font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">Refer to &#8220;Note&nbsp;2 Segment reporting&#8221; in
the &#8220;Consolidated financial statements&#8221; section of the Annual Report 2020 for
more information about the Group&#8217;s reporting segments</font></b></p>

<font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font><p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;text-indent:11.35pt;"><a name="XBRL_TS_dc797f35aa4d4154bd817dd47_bclEnd"></a><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">&#160;&nbsp;</font></b></p>






<font lang=EN-US><br clear=all>







</font><p style="margin:0mm;text-align:justify;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:28.5pt;">
  <td valign=bottom width=48% style="border:none;border-bottom:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Global Wealth Management</font></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Personal &amp; Corporate Banking</font></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Asset</font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Management</font></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Investment Bank</font></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Group Functions</font></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">UBS</font></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=48% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=48% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">For the quarter ended 31 March 2021</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=48% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net interest income </font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;997&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;513&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(4)&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;114&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(6)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,613&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=48% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Non-interest income</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,848&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;500&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;641&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,158&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(84)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7,063&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=48% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Income</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,845&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,013&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;637&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,271&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(90)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,677&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=48% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Credit loss (expense) / release</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;23&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;28&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=48% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total operating income </font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,848&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,037&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;637&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,273&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(90)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,705&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=48% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total operating expenses</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,439&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;647&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;410&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,862&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;49&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,407&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=48% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Operating profit / (loss) before tax</font></b></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,409&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;389&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;227&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;412&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(139)&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,298&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=48% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Tax expense / (benefit) </font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;471&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=48% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net profit / (loss)</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,827&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:5.25pt;">
  <td width=48% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=48% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">As of 31 March 2021</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=48% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total assets</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;377,008&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;221,360&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;28,557&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;370,846&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;109,942&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,107,712&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:26.25pt;">
  <td valign=bottom width=48% style="border:none;border-bottom:solid #74726F 1.0pt;height:26.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:26.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Global Wealth Management</font></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:26.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Personal &amp; Corporate Banking</font></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:26.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Asset</font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Management</font></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:26.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Investment Bank</font></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:26.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Group Functions</font></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:26.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">UBS</font></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=48% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=48% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">For the quarter ended 31 March 2020</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=48% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net interest income</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,031&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;511&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(4)&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(95)&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(113)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,330&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=48% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Non-interest income</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,569&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;470&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;518&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,666&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(352)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,871&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=48% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Income</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,600&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;981&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;514&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,571&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(465)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,202&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=48% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Credit loss (expense) / release</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(53)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(77)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(122)&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(16)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(268)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=48% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total operating income </font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,547&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;904&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;514&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,449&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(480)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7,934&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=48% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total operating expenses</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,329&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;570&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;357&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,741&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(71)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,926&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=48% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Operating profit / (loss) before tax</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,218&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;334&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;157&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;709&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(410)&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,008&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=48% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Tax expense / (benefit) </font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;410&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=48% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net profit / (loss)</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,598&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:5.25pt;">
  <td width=48% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=48% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">As of 31 December 2020</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=48% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total assets</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;367,714&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;231,657&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;28,589&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;369,683&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;128,122&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,125,765&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td colspan=7 valign=top width=100% style="border:none;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#160;&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><a name="Net_interest_income"></a><a name="XBRL_TS_78486ad901824dc28eec20b55"></a><a name="RG_MARKER_137744"></a><a name="RG_MARKER_137622"></a><a name="RG_MARKER_137622_bclEnd"></a><a name="RG_MARKER_137744_bclEnd"></a></p>
<DIV bclFooter>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:justify;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">62</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_67"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font color=#006600 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

</DIV>
<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=FR-CH style="font-size:9.0pt;line-height:2.0pt;"></font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=FR-CH style="font-size:9.0pt;line-height:2.0pt;">&nbsp;</font></p>

<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin:0mm;padding:0mm;"><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Note </font></b><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">3 &#160;</font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Net
interest income<a name="Net_interest_income_bclEnd"></a><a name="XBRL_TS_78486ad901824dc28eec20b55_bclEnd"></a></font></b></p>

</div>


<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:9.0pt;">
  <td width=65% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 width=34% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">For the quarter ended</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=65% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=11% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td width=11% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.20</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=65% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net interest income from financial instruments measured at
  amortized cost and fair value through other comprehensive income</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=65% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Interest income from loans and deposits<sup>1</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,584&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,604&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,868&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=65% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Interest income from securities financing transactions<sup>2</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;135&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;143&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;367&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=65% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Interest income from other financial instruments measured at
  amortized cost</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;73&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;73&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;89&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=65% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Interest income from debt instruments measured at fair value
  through other comprehensive income</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;35&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;19&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;17&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=65% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Interest income from derivative instruments designated as cash
  flow hedges </font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;268&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;271&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;113&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=65% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total interest income from financial instruments measured at
  amortized cost and fair value through other comprehensive income</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,097&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,111&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,455&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=65% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Interest expense on loans and deposits<sup>3</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;137&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;160&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;463&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=65% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Interest expense on securities financing transactions<sup>4</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;258&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;215&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;219&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=65% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Interest expense on debt issued</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;411&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;455&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;676&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=65% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Interest expense on lease liabilities</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;27&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;27&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;28&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=65% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total interest expense from financial instruments measured at
  amortized cost</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;833&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;857&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,385&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=65% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total net interest income from financial instruments measured at
  amortized cost and fair value through other comprehensive income</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,264&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,254&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,069&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=65% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net interest income from financial instruments measured at fair
  value through profit or loss</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=65% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net interest income from financial instruments at fair value
  held for trading</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;200&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;210&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;201&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=65% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net interest income from brokerage balances</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;197&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;187&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;137&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=65% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net interest income from securities financing transactions at
  fair value not held for trading<sup>5</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;33&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=65% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Interest income from other financial instruments at fair value
  not held for trading</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;96&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;111&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;202&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=65% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Interest expense on other financial instruments designated at
  fair value</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(155)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(153)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(311)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=65% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total net interest income from financial instruments measured at
  fair value through profit or loss</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;349&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;368&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;261&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=65% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total net interest income</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,613&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,622&nbsp;</font></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,330&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:29.25pt;">
  <td colspan=5 valign=top width=100% style="border:none;height:29.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1&nbsp;Consists of
  interest income from cash and balances at central banks, loans and advances
  to banks and customers, and cash collateral receivables on derivative
  instruments, as well as negative interest on amounts due to banks, customer
  deposits, and cash collateral payables on derivative instruments.&#160;&#160;&#160;
  2&nbsp;Includes interest income on receivables from securities financing
  transactions and negative interest, including fees, on payables from
  securities financing transactions.&#160;&#160;&#160; 3&nbsp;Consists of interest expense on
  amounts due to banks, cash collateral payables on derivative instruments, and
  customer deposits, as well as negative interest on cash and balances at
  central banks, loans and advances to banks, and cash collateral receivables
  on derivative instruments.&#160;&#160;&#160; 4&nbsp;Includes interest expense on payables
  from securities financing transactions and negative interest, including fees,
  on receivables from securities financing transactions.&#160;&#160;&#160; 5&nbsp;Includes
  interest expense on securities financing transactions designated at fair
  value.</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;">&nbsp;</font></p>

<p style="margin:0mm;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><a name="Net_fee_comm"></a><a name="RG_MARKER_137745"></a><a name="RG_MARKER_137611"></a><a name="RG_MARKER_137611_bclEnd"></a><a name="RG_MARKER_137745_bclEnd"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:3.0pt;">&nbsp;</font></p>

<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin:0mm;padding:0mm;"><a name="XBRL_TS_8dc04f3d6d0d406b9e084723e"></a><b><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Note <a name="Net_fee_comm_bclEnd"></a>4&#160; </font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Net fee and
commission income<a name="XBRL_TS_8dc04f3d6d0d406b9e084723e_bclEnd"></a></font></b></p>

</div>


<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 width=33% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">For the quarter ended</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=11% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td width=11% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.20</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Fee and commission income</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Underwriting fees</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;392&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;333&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;200&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: equity underwriting fees</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;275&nbsp;</font></i></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;243&nbsp;</font></i></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;106&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: debt underwriting fees</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;117&nbsp;</font></i></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;90&nbsp;</font></i></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;93&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">M&amp;A and corporate finance fees</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;238&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;216&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;218&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Brokerage fees</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,358&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;959&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,245&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Investment fund fees</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,436&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,473&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,295&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Portfolio management and related services</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,284&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,145&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,059&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;461&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;417&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;461&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total fee and commission income<sup>1</sup></font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,169&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,543&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,477&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: recurring</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,620&nbsp;</font></i></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,416&nbsp;</font></i></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,341&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: transaction-based</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,454&nbsp;</font></i></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,868&nbsp;</font></i></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,098&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: performance-based</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;94&nbsp;</font></i></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;259&nbsp;</font></i></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;39&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Fee and commission expense</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Brokerage fees paid</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;68&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;71&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;86&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Distribution fees paid</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;132&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;133&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;156&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;277&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;255&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;214&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total fee and commission expense</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;478&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;459&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;456&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net fee and commission income</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,691&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,084&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,021&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: net brokerage fees</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,290&nbsp;</font></i></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;888&nbsp;</font></i></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,158&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:33.0pt;">
  <td colspan=5 valign=top width=100% style="border:none;height:33.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 Reflects
  third-party fee and commission income for the first quarter of 2021 of USD
  3,673 million for Global Wealth Management (fourth quarter of 2020: USD 3,189
  million; first quarter of 2020: USD 3,384 million), USD&nbsp;389 million for
  Personal &amp; Corporate Banking (fourth quarter of 2020: USD 407 million;
  first quarter of 2020: USD 354 million), USD 815 million for Asset Management
  (fourth quarter of 2020: USD&nbsp;949 million; first quarter of 2020: USD 702
  million), USD 1,278 million for the Investment Bank (fourth quarter of 2020:
  USD 1,049 million; first quarter of 2020: USD 1,004 million) and USD 15
  million for Group Functions (fourth quarter of 2020: negative USD 51 million;
  first quarter of 2020: USD 33 million).</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><a name="Personnel_exp"></a><a name="RG_MARKER_137747"></a><a name="RG_MARKER_137613"></a><a name="RG_MARKER_137613_bclEnd"></a><a name="RG_MARKER_137747_bclEnd"></a></p>
<DIV bclFooter>

 <p align=right style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:right;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">63</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_68"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">Notes to the UBS Group AG interim consolidated
 financial statements (unaudited)</font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:3.0pt;"></font></p>

<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:2.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><a name="XBRL_TS_53fb43b5e8834691af453ec20"></a><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Note <a name="Personnel_exp_bclEnd"></a></font></b><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">5&#160; </font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Personnel
expenses<a name="XBRL_TS_53fb43b5e8834691af453ec20_bclEnd"></a></font></b></p>

</div>


<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:11.25pt;">
  <td width=65% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 width=34% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">For the quarter ended</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=65% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=11% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td width=11% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.20</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=65% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Salaries and variable compensation</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,871&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,247&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,561&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=65% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Financial advisor compensation<sup>1</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,170&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,077&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,094&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=65% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Contractors</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;98&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;104&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;84&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=65% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Social security</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;268&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;210&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;211&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=65% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Post-employment benefit plans</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;265&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;203&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;236&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=65% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other personnel expenses</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;128&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;148&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;135&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=65% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total personnel expenses</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,801&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,989&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,321&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:14.25pt;">
  <td colspan=5 valign=top width=100% style="border:none;height:14.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1&nbsp;Financial
  advisor compensation consists of grid-based compensation based directly on
  compensable revenues generated by financial advisors and supplemental
  compensation calculated on the basis of financial advisor productivity, firm
  tenure, assets and other variables. It also includes expenses related to
  compensation commitments with financial advisors entered into at the time of
  recruitment that are subject to vesting requirements.</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><a name="Gen_adm_exp"></a><a name="RG_MARKER_137748"></a><a name="RG_MARKER_137614"></a><a name="RG_MARKER_137614_bclEnd"></a><a name="RG_MARKER_137748_bclEnd"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:3.0pt;">&nbsp;</font></p>

<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:2.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><a name="XBRL_TS_42cfa05e2a7945f5914eb01c8"></a><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Note<a name="Gen_adm_exp_bclEnd"></a> 6&#160; </font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">General and administrative expenses<a name="XBRL_TS_42cfa05e2a7945f5914eb01c8_bclEnd"></a></font></b><sup><b><font face="Frutiger 45 Light Bold" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">1</font></b></sup></p>

</div>


<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 width=33% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">For the quarter ended</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=11% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td width=11% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.20</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Outsourcing costs</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;201&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;295&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;215&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">IT expenses</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;266&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;255&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;232&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Consulting, legal and audit fees</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;99&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;185&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;154&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Real estate and logistics costs</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;152&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;192&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;160&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Market data services</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;102&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;111&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;98&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Marketing &amp; communication</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;42&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;97&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;40&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Travel and entertainment</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;17&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;49&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Litigation, regulatory &amp; similar matters<sup>2</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;148&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other<sup>3</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;210&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;217&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;179&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: UK and German bank levies</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;41&nbsp;</font></i></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;38&nbsp;</font></i></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=66% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total general and administrative expenses</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,089&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,515&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,133&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:18.0pt;">
  <td colspan=5 valign=top width=100% style="border:none;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 In the first quarter
  of 2021, UBS changed the presentation of the line items within general and
  administrative expenses. Prior-period information reflects the new
  presentation structure, with no effect on Total general and administrative
  expenses.&#160;&#160;&#160; 2 Reflects the net increase in / (release of) provisions for
  litigation, regulatory and similar matters recognized in the income
  statement. Refer to Note 14 for more information. Also includes recoveries
  from third parties (first quarter of 2021: USD&nbsp;0 million; fourth quarter
  of 2020: USD&nbsp;2 million; first quarter of 2020: USD&nbsp;1 million).&#160;&#160;&#160; 3
  Includes charitable donations.</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><a name="EPS_shares_outstanding"></a><a name="Expected_credit_loss"></a><a name="XBRL_TS_413d94b190b74204b8d51249d"></a><a name="RG_MARKER_138729"></a><a name="RG_MARKER_137601"></a><a name="RG_MARKER_137601_bclEnd"></a><a name="RG_MARKER_138729_bclEnd"></a></p>
<DIV bclFooter>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:justify;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">64</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_69"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font color=#006600 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

</DIV>
<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:3.0pt;"></font></p>

<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:2.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Note </font></b><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">7&#160; </font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Expected credit
loss measurement</font></b></p>

</div>


<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:6.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><a name="XBRL_TS_cb658941b2144ffa80fab0ed8"></a><a name="EPS_shares_outstanding_bclEnd"></a><a name="Expected_credit_loss_bclEnd"></a><a name="XBRL_TS_413d94b190b74204b8d51249d_bclEnd"></a><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">a) Credit <a name="XBRL_TS_cb658941b2144ffa80fab0ed8_bclEnd"></a>loss expense </font></b></p>

</div>









<p style="margin:0mm;text-align:justify;text-indent:0mm;"><a name="_Hlk61595509"></a><a name="_Hlk45645279"></a><a name="_Hlk45281421_0"></a><a name="XBRL_TS_413a3fc252f74727981a79ea0"></a><a name="_Hlk45131430"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Total net
credit loss releases were USD&nbsp;28 million in the first quarter of 2021,
reflecting a USD&nbsp;26 million net release of credit losses related to stage&nbsp;1
and 2 positions and USD&nbsp;3 million of net credit loss releases related to
credit-impaired (stage&nbsp;3) positions. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><a name="_Hlk61554808"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The USD&nbsp;26 million stage&nbsp;1
and 2 net release included USD&nbsp;13 million from model and risk parameter
updates and USD&nbsp;13 million from a combination of book quality and book
size movements.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Stage&nbsp;3 net credit loss releases were USD&nbsp;3 million.
Stage&nbsp;3 net expenses of USD&nbsp;4 million and USD&nbsp;2 million were
recognized in the Investment Bank and Global Wealth Management, respectively, across
various positions. In Personal &amp; Corporate Banking, stage&nbsp;3 net releases
of USD&nbsp;8 million were recognized <a name="XBRL_TS_413a3fc252f74727981a79ea0_bclEnd"></a>on various corporate
lending positions and on defaulted real estate counterparties as collateral
values increased.</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:11.25pt;">
  <td width=35% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Credit loss (expense) / release</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:28.5pt;">
  <td valign=bottom width=35% style="border:none;border-bottom:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Global </font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Wealth </font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Management</font></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Personal &amp; </font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Corporate </font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Banking</font></p>
  </td>
 <td valign=bottom width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Asset</font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Management</font></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Investment </font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Bank</font></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Group </font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Functions</font></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:28.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=35% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">For the quarter ended 31.3.21</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=35% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stages 1 and 2</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;26&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=35% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 3</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(4)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=35% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total credit loss (expense) / release</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;23&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;28&nbsp;</font></b></p>
  </td>
 </tr>
</table></div>






<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>


<DIV bclFooter>

 <p align=right style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:right;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">65</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_70"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">Notes to the UBS Group AG interim consolidated
 financial statements (unaudited)</font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:3.0pt;">&nbsp;</font></p>

<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:2.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Note </font></b><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">7&#160; </font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Expected credit
loss measurement</font></b><b><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;"> (continued)</font></b></p>

</div>


<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:6.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><a name="XBRL_TS_97ca7fffbe8c4f17b129d40eb"></a><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">b) Changes
to ECL models, scenarios, scenario weights and key inputs<a name="XBRL_TS_97ca7fffbe8c4f17b129d40eb_bclEnd"></a></font></b></p>

</div>









<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="_Hlk62419827"></a><a name="XBRL_TS_165dccb893f04893a8ea43fa2"></a><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Scenarios </font></p>

<p style="margin:0mm;text-align:justify;"><a name="_Hlk53682884"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The UBS baseline and the severe
downside scenarios, as well as the related macroeconomic factors, were updated
and reviewed in light of the economic and political conditions prevailing for
the first quarter of 2021 through a series of governance meetings, with input and
feedback from UBS risk and finance experts across the business divisions and
regions. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The changes in the macroeconomic environment in the first
quarter of 2021 generally include more optimistic assumptions for both the UBS baseline
and severe downside scenarios compared with those applied in 2020, given
improvements in economic activity and greater optimism regarding the
availability and effective distribution of vaccines, and continued government
support. The UBS baseline scenario assumptions on a calendar year basis are
included in the table below. The updated severe downside scenario has been
recalibrated to reflect the economic and COVID-19-related developments since the
fourth quarter of 2020 and has seen only marginal changes, although unemployment
levels are now lower.</font></p>

<font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font><p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Scenario weights and post-model
adjustments</font></p>

<p style="margin:0mm;"><a name="XBRL_TS_165dccb893f04893a8ea43fa2_bclEnd"></a><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;">The overall
scenario improvements in the first quarter resulted in stage 1 and 2 ECL net
releases.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">However, recent developments have raised significant questions
around whether the baseline expectations will be met, given the continued
uncertainty regarding the COVID-19 pandemic and its near- and mid-term outlook.
As a consequence, in this quarter, management reconfirmed the scenario weights
on the baseline scenario at 60% and on the severe downside scenario at 40%, and
also applied a post-model adjustment of USD&nbsp;92 million to offset the stage&nbsp;1
and 2 ECL releases that would have otherwise arisen from the scenario update
effects. As of 31 March 2021, the total post-model adjustment to offset the
scenario update effects amounted to USD&nbsp;208 million.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:14.2pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:9.0pt;">
  <td valign=bottom width=67% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=1% style="height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 width=32% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">UBS Baseline</font></b></p>
  </td>
 </tr>
<tr style="height:15.0pt;">
  <td valign=bottom width=67% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Key parameters</font></b></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">2020</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">2021</font></b></p>
  </td>
 <td valign=bottom width=10% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">2022</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=67% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Real GDP growth (annual percentage change)</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=67% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">United States</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(3.6)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6.1&nbsp;</font></p>
  </td>
 <td width=10% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6.0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=67% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Eurozone</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(7.4)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5.0&nbsp;</font></p>
  </td>
 <td width=10% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5.3&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=67% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Switzerland</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:white;border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(4.5)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.6&nbsp;</font></p>
  </td>
 <td width=10% style="background:white;border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=67% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Unemployment rate (%, annual average)</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=67% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">United States</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8.1&nbsp;</font></p>
  </td>
 <td width=11% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5.5&nbsp;</font></p>
  </td>
 <td width=10% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4.4&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=67% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Eurozone</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8.5&nbsp;</font></p>
  </td>
 <td width=11% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9.0&nbsp;</font></p>
  </td>
 <td width=10% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8.3&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=67% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Switzerland</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:white;border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.2&nbsp;</font></p>
  </td>
 <td width=11% style="background:white;border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.6&nbsp;</font></p>
  </td>
 <td width=10% style="background:white;border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.3&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=67% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Real estate (annual percentage change, Q4)</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=67% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">United States </font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.4&nbsp;</font></p>
  </td>
 <td width=11% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2.8&nbsp;</font></p>
  </td>
 <td width=10% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2.9&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=67% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Eurozone</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.3)&nbsp;</font></p>
  </td>
 <td width=11% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1.5)&nbsp;</font></p>
  </td>
 <td width=10% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.7&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=67% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.0pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Switzerland</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=11% style="background:white;border:none;border-bottom:solid #74726F 1.5pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4.0&nbsp;</font></p>
  </td>
 <td width=11% style="background:white;border:none;border-bottom:solid #74726F 1.5pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2.0&nbsp;</font></p>
  </td>
 <td width=10% style="background:white;border:none;border-bottom:solid #74726F 1.5pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.5&nbsp;</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><a name="XBRL_TS_18653ffa56d8466aa3d5ca609"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>








<p style="margin:0mm;text-align:justify;text-indent:0mm;"><a name="XBRL_TS_e7634a4da51346e18a5ee2dd6"></a><a name="XBRL_TS_18653ffa56d8466aa3d5ca609_bclEnd"></a><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:8.0pt;line-height:11.5pt;">Economic scenarios and weights applied</font></b></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:14.2pt;page-break-inside:avoid;">
  <td width=25% style="background:#BEBEBE;border-bottom:solid white 1.0pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:14.2pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;margin-bottom:.0001pt;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=windowtext face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;line-height:8.25pt;">ECL scenario</font></b></p>
  </td>
 <td colspan=3 width=75% style="background:#BEBEBE;border:none;border-bottom:solid white 1.0pt;height:14.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=center style="margin:0mm;margin-bottom:.0001pt;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;text-align:center;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;line-height:8.25pt;">Assigned weights
  in %</font></b></p>
  </td>
 </tr>
<tr style="height:14.2pt;page-break-inside:avoid;">
  <td width=25% style="background:#E6E6E6;border-bottom:solid white 1.0pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:14.2pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;margin-bottom:6.0pt;margin-left:2.85pt;margin-right:0mm;margin-top:0mm;"><font color=windowtext face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=24% style="background:#E6E6E6;border-bottom:solid white 1.0pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:14.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;margin-bottom:.0001pt;margin-left:2.9pt;margin-right:2.9pt;margin-top:0mm;text-align:right;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">31.3.21</font></p>
  </td>
 <td width=25% style="background:#E6E6E6;border-bottom:solid white 1.0pt;border-left:none;border-right:solid white 1.0pt;border-top:none;height:14.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;margin-bottom:.0001pt;margin-left:2.9pt;margin-right:2.9pt;margin-top:0mm;text-align:right;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td width=26% style="background:#E6E6E6;border:none;border-bottom:solid white 1.0pt;height:14.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;margin-bottom:.0001pt;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;text-align:right;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">31.3.20</font></p>
  </td>
 </tr>
<tr style="height:14.2pt;page-break-inside:avoid;">
  <td width=25% style="background:#E6E6E6;border-bottom:solid white 1.0pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:14.2pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;margin-left:2.9pt;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Upside</font></p>
  </td>
 <td width=24% style="background:#E6E6E6;border-bottom:solid white 1.0pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:14.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;margin-bottom:.0001pt;margin-left:2.9pt;margin-right:2.9pt;margin-top:0mm;text-align:right;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">0.0</font></p>
  </td>
 <td width=25% style="background:#E6E6E6;border-bottom:solid white 1.0pt;border-left:none;border-right:solid white 1.0pt;border-top:none;height:14.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;margin-bottom:.0001pt;margin-left:2.9pt;margin-right:2.9pt;margin-top:0mm;text-align:right;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">0.0</font></p>
  </td>
 <td width=26% style="background:#E6E6E6;border:none;border-bottom:solid white 1.0pt;height:14.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;margin-bottom:.0001pt;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;text-align:right;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">0.0</font></p>
  </td>
 </tr>
<tr style="height:14.2pt;page-break-inside:avoid;">
  <td width=25% style="background:#E6E6E6;border-bottom:solid white 1.0pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:14.2pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;margin-left:2.9pt;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">UBS baseline</font></p>
  </td>
 <td width=24% style="background:#E6E6E6;border-bottom:solid white 1.0pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:14.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;margin-bottom:.0001pt;margin-left:2.9pt;margin-right:2.9pt;margin-top:0mm;text-align:right;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">60.0</font></p>
  </td>
 <td width=25% style="background:#E6E6E6;border-bottom:solid white 1.0pt;border-left:none;border-right:solid white 1.0pt;border-top:none;height:14.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;margin-bottom:.0001pt;margin-left:2.9pt;margin-right:2.9pt;margin-top:0mm;text-align:right;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">60.0</font></p>
  </td>
 <td width=26% style="background:#E6E6E6;border:none;border-bottom:solid white 1.0pt;height:14.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;margin-bottom:.0001pt;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;text-align:right;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">70.0</font></p>
  </td>
 </tr>
<tr style="height:14.2pt;page-break-inside:avoid;">
  <td width=25% style="background:#E6E6E6;border-bottom:solid white 1.0pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:14.2pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;margin-left:2.9pt;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Mild downside</font></p>
  </td>
 <td width=24% style="background:#E6E6E6;border-bottom:solid white 1.0pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:14.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;margin-bottom:.0001pt;margin-left:2.9pt;margin-right:2.9pt;margin-top:0mm;text-align:right;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">0.0</font></p>
  </td>
 <td width=25% style="background:#E6E6E6;border-bottom:solid white 1.0pt;border-left:none;border-right:solid white 1.0pt;border-top:none;height:14.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;margin-bottom:.0001pt;margin-left:2.9pt;margin-right:2.9pt;margin-top:0mm;text-align:right;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">0.0</font></p>
  </td>
 <td width=26% style="background:#E6E6E6;border:none;border-bottom:solid white 1.0pt;height:14.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;margin-bottom:.0001pt;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;text-align:right;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">0.0</font></p>
  </td>
 </tr>
<tr style="height:14.2pt;page-break-inside:avoid;">
  <td width=25% style="background:#E6E6E6;border:none;border-right:solid white 1.5pt;height:14.2pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;margin-left:2.9pt;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Severe downside </font></p>
  </td>
 <td width=24% style="background:#E6E6E6;border:none;border-right:solid white 1.5pt;height:14.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;margin-bottom:.0001pt;margin-left:2.9pt;margin-right:2.9pt;margin-top:0mm;text-align:right;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">40.0</font></p>
  </td>
 <td width=25% style="background:#E6E6E6;border:none;border-right:solid white 1.0pt;height:14.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;margin-bottom:.0001pt;margin-left:2.9pt;margin-right:2.9pt;margin-top:0mm;text-align:right;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">40.0</font></p>
  </td>
 <td width=26% style="background:#E6E6E6;border:none;height:14.2pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;margin-bottom:.0001pt;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;text-align:right;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">30.0</font></p>
  </td>
 </tr>
</table></div>



<font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>







</font><p style="margin:0mm;text-align:justify;"><a name="XBRL_TS_e7634a4da51346e18a5ee2dd6_bclEnd"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:2.0pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><a name="XBRL_TS_60a33b8b5a5d4634a2e3cbcbc"></a></p>
<DIV bclFooter>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:justify;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">66</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_71"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font color=#006600 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

</DIV>
<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:3.0pt;">&nbsp;</font></p>

<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:2.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Note </font></b><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">7&#160; </font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Expected credit
loss measurement</font></b><b><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;"> (continued)</font></b></p>

</div>


<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">c) ECL-relevant balance sheet
and off-balance sheet positions including ECL allowances and provisions<a name="XBRL_TS_60a33b8b5a5d4634a2e3cbcbc_bclEnd"></a></font></b></p>

</div>









<p style="margin:0mm;text-align:justify;"><a name="XBRL_TS_85e72c3da6514a8487171cff4"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The tables
below and on the following pages provide information about financial
instruments and certain non-financial instruments that are subject to ECL. For
amortized-cost instruments, the carrying amount represents the maximum exposure
to credit risk, taking into account the allowance for credit losses. Financial
assets measured at fair value through other comprehensive income (FVOCI) are
also subject to ECL; however, unlike amortized-cost instruments, the allowance
for credit losses for FVOCI instruments does not reduce the carrying amount of
these financial assets. Instead, the carrying amount of financial assets
measured at FVOCI represents the maximum exposure to credit risk.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">In addition to on-balance sheet financial assets, certain
off-balance sheet and other credit lines are also subject to ECL. The maximum
exposure to credit risk for off-balance sheet financial instruments is
calculated based on the maximum contractual amounts.<a name="XBRL_TS_85e72c3da6514a8487171cff4_bclEnd"></a></font></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td width=1% style="height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=9 width=57% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td valign=bottom width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=1% style="height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=4 width=28% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Carrying amount&#185; / Total exposure</font></b></p>
  </td>
 <td width=1% style="border:none;border-top:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=4 width=28% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">ECL allowances / provisions</font></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Financial instruments measured at amortized cost</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total</font></b></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 1</font></b></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 2</font></b></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 3</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total</font></b></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 1</font></b></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 2</font></b></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 3</font></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Cash and balances at central banks</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;158,914&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;158,914&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Loans and advances to banks</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;18,448&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;18,387&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;61&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(12)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(8)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(3)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Receivables from securities financing transactions</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;82,384&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;82,385&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(3)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(3)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Cash collateral receivables on derivative instruments</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;35,046&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;35,046&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Loans and advances to customers</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;376,798&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;355,787&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;18,995&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,016&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(993)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(138)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(184)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(671)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Private clients with mortgages</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;142,611&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;132,636&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9,118&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;857&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(158)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(37)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(86)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(35)&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Real estate financing</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;41,092&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;36,099&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,979&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(56)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(15)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(41)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Large corporate clients</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13,305&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11,155&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,673&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;477&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(271)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(28)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(28)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(216)&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: SME clients</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14,034&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11,620&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,886&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;527&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(283)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(19)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(19)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(246)&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Lombard</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;141,139&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;141,112&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;27&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(34)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(5)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(30)&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Credit cards</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,392&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,063&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;301&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;28&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(33)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(9)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(8)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(16)&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Commodity trade finance</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,695&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,663&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(101)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(5)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(96)&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other financial assets measured at amortized cost</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;26,770&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;26,036&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;314&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;420&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(125)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(32)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(7)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(86)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Loans to financial advisors</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,473&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,961&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;107&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;405&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(104)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(26)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(4)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(75)&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total financial assets measured at amortized cost</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;698,361&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;676,554&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;19,371&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,436&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1,133)&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(180)&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(195)&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(758)&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Financial assets measured at fair value through other
  comprehensive income</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,100&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,100&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total on-balance sheet financial assets in scope of ECL
  requirements</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;706,460&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;684,654&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;19,371&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,436&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1,133)&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(180)&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(195)&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(758)&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td valign=bottom width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Off-balance sheet (in scope of ECL)</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Guarantees</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;17,493&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15,377&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,952&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;164&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(59)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(15)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(15)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(29)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Large corporate clients</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,425&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,025&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,281&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;119&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(17)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(3)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(5)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(9)&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: SME clients</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,243&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;936&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;262&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;45&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(12)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(11)&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Financial intermediaries and hedge funds </font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7,579&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7,304&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;275&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(18)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(9)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(9)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Lombard</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,136&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,136&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1)&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Commodity trade finance</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,057&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,031&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;26&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(4)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(3)&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Irrevocable loan commitments</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;38,137&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;34,312&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,730&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;95&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(138)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(75)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(63)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Large corporate clients</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;22,943&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;19,600&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,278&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;65&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(121)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(68)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(54)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Forward starting reverse repurchase and securities borrowing
  agreements</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,988&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,988&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Committed unconditionally revocable credit lines</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;39,424&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;35,311&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,023&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;89&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(45)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(27)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(18)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Real estate financing</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7,227&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,786&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;432&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(11)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(5)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(6)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Large corporate clients</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,429&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,713&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,690&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;25&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(9)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(3)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(6)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: SME clients</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,036&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,120&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;878&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;39&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(14)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(11)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(3)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Lombard</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,566&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,566&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Credit cards</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9,175&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,695&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;469&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(6)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(5)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Commodity trade finance</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;322&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;322&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Irrevocable committed prolongation of existing loans</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,824&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,785&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;34&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(3)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(3)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total off-balance sheet financial instruments and other credit
  lines</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;106,865&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;96,773&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9,738&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;354&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(245)&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(121)&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(95)&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(29)&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total allowances and provisions</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1,378)&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(301)&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(290)&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(787)&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:7.5pt;">
  <td colspan=11 valign=top width=100% style="border:none;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 The carrying
  amount of financial assets measured at amortized cost represents the total
  gross exposure net of the respective ECL allowances.&#160;&#160;&#160;&#160; </font></p>
  </td>
 </tr>
</table></div>



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 financial statements (unaudited)</font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:3.0pt;">&nbsp;</font></p>

<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:2.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Note </font></b><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">7&#160; </font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Expected credit
loss measurement</font></b><b><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;"> (continued)</font></b></p>

</div>


<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td width=1% style="height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=9 width=57% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td valign=bottom width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=1% style="height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=4 width=28% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Carrying amount&#185; / Total exposure</font></p>
  </td>
 <td width=1% style="border:none;border-top:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=4 width=28% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">ECL allowance / provisions</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Financial instruments measured at amortized cost</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total</font></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 1</font></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 2</font></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 3</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total</font></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 1</font></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 2</font></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 3</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Cash and balances at central banks</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;158,231&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;158,231&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Loans and advances to banks</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15,444&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15,260&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;184&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(16)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(9)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(5)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Receivables from securities financing transactions</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;74,210&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;74,210&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Cash collateral receivables on derivative instruments</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;32,737&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;32,737&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Loans and advances to customers</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;379,528&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;356,948&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;20,341&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,240&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1,060)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(142)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(215)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(703)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Private clients with mortgages</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;148,175&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;138,769&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,448&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;959&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(166)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(35)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(93)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(39)&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Real estate financing</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;43,429&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;37,568&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,838&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;23&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(63)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(15)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(44)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(4)&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Large corporate clients</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15,161&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12,658&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,029&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;474&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(279)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(27)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(40)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(212)&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: SME clients</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14,872&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11,990&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,254&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;628&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(310)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(19)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(23)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(268)&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Lombard</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;133,850&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;133,795&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;55&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(36)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(5)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(31)&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Credit cards</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,558&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,198&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;330&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;30&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(38)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(11)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(11)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(16)&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Commodity trade finance</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,269&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,214&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;43&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(106)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(5)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(101)&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other financial assets measured at amortized cost</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;27,194&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;26,377&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;348&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;469&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(133)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(34)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(9)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(90)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Loans to financial advisors</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,569&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,982&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;137&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;450&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(108)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(27)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(5)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(76)&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total financial assets measured at amortized cost</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;687,345&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;663,763&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;20,873&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,709&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1,211)&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(187)&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(229)&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(795)&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Financial assets measured at fair value through other
  comprehensive income</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,258&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,258&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total on-balance sheet financial assets in scope of ECL
  requirements</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;695,603&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;672,021&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;20,873&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,709&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1,211)&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(187)&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(229)&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(795)&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td valign=bottom width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Off-balance sheet (in scope of ECL)</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Guarantees</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;17,081&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14,687&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,225&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;170&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(63)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(14)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(15)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(34)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Large corporate clients</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,710&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,048&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,549&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;113&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(20)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(4)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(5)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(12)&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: SME clients</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,310&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;936&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;326&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;48&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(13)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(11)&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Financial intermediaries and hedge funds </font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7,637&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7,413&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;224&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(17)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(7)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(9)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Lombard</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;641&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;633&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2)&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Commodity trade finance</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,441&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,416&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;25&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Irrevocable loan commitments</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;41,372&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;36,894&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,374&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;104&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(142)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(74)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(68)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Large corporate clients</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;24,209&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;20,195&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,950&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;64&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(121)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(63)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(58)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Forward starting reverse repurchase and securities borrowing
  agreements</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,247&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,247&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Committed unconditionally revocable credit lines</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;40,134&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;35,233&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,792&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;108&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(50)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(29)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(21)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Real estate financing</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,328&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,811&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;517&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(12)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(5)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(7)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Large corporate clients</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,909&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,783&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,099&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;27&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(9)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(7)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: SME clients</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,827&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,596&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,169&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;63&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(16)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(12)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(4)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Lombard</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9,671&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9,671&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Credit cards</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,661&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,220&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;430&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(8)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(6)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Commodity trade finance</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;242&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;242&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Irrevocable committed prolongation of existing loans</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,282&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,277&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2)&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total off-balance sheet financial instruments and other credit
  lines</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;105,116&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;93,337&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11,396&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;382&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(257)&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(119)&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(104)&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(34)&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total allowances and provisions</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1,468)&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(306)&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(333)&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(829)&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td colspan=11 valign=top width=100% style="border:none;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 The carrying
  amount of financial assets measured at amortized cost represents the total
  gross exposure net of the respective ECL allowances.&#160;&#160;&#160; </font></p>
  </td>
 </tr>
</table></div>






<p style="margin:0mm;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;">&nbsp;</font></p>


<DIV bclFooter>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:justify;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">68</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_73"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font color=#006600 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

</DIV>
<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:3.0pt;">&nbsp;</font></p>

<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Note </font></b><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">7&#160;
</font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Expected credit loss measurement</font></b><b><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;"> (continued)</font></b></p>

</div>









<p style="margin:0mm;text-align:justify;"><a name="XBRL_TS_38e0b0cedc514b0da47703763"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The table
below provides information about the ECL gross exposure and the ECL coverage
ratio for our core loan portfolios (i.e., </font><i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Loans and advances to customers
and Loans to financial advisors)</font></i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;"> and relevant off-balance sheet exposures. </font><i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Cash
and balances at central banks</font></i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">, </font><i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Loans and advances to banks</font></i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">, </font><i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Receivables
from securities financing transactions</font></i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">, </font><i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Cash collateral receivables on
derivative instruments</font></i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;"> and </font><i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Financial assets measured at fair value
through other comprehensive income</font></i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;"> are not included in the table below, due
to their lower sensitivity to ECL.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">ECL coverage ratios are calculated by taking ECL allowances
and provisions divided by the gross carrying amount of the exposures.<a name="XBRL_TS_38e0b0cedc514b0da47703763_bclEnd"></a></font></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Coverage ratios for core loan portfolio</font></b></p>
  </td>
 <td width=1% style="height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=9 width=57% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=1% style="height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=4 width=28% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Gross carrying amount (USD million)<sup> &nbsp;</sup></font></b></p>
  </td>
 <td width=1% style="border:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=4 width=28% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">ECL coverage (bps)</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">On-balance sheet</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total</font></b></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 1</font></b></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 2</font></b></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 3</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total</font></b></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 1</font></b></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 2</font></b></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 3</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Private clients with mortgages</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;142,770&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;132,673&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9,204&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;893&nbsp;</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;93&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;396&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Real estate financing</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;41,148&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;36,113&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,020&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15&nbsp;</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;81&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;78&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Large corporate clients</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13,577&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11,184&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,701&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;692&nbsp;</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;200&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;25&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;162&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,114&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">SME clients</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14,317&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11,639&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,905&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;773&nbsp;</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;198&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;98&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,179&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Lombard</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;141,173&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;141,117&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;56&nbsp;</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,260&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Credit cards</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,425&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,073&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;309&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;44&nbsp;</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;233&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;88&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;266&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,555&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Commodity trade finance</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,796&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,668&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;111&nbsp;</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;267&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,620&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other loans and advances to customers</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;19,585&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;18,458&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,024&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;103&nbsp;</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;28&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;26&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,211&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Loans to financial advisors</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,578&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,987&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;111&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;480&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;405&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;131&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;337&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,558&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="background:white;border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total<sup>1</sup></font></b></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;380,369&nbsp;</font></b></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;357,911&nbsp;</font></b></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;19,290&nbsp;</font></b></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,167&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;29&nbsp;</font></b></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5&nbsp;</font></b></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;97&nbsp;</font></b></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,355&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=42% style="background:white;border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:white;border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="background:white;border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=42% style="background:white;border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=1% style="background:white;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=4 width=28% style="background:white;border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Gross exposure (USD million)</font></b></p>
  </td>
 <td width=1% style="background:white;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=4 width=28% style="background:white;border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">ECL coverage (bps)</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="background:white;border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Off-balance sheet </font></b></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total</font></b></p>
  </td>
 <td width=7% style="background:white;border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 1</font></b></p>
  </td>
 <td width=7% style="background:white;border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 2</font></b></p>
  </td>
 <td width=7% style="background:white;border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 3</font></b></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total</font></b></p>
  </td>
 <td width=7% style="background:white;border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 1</font></b></p>
  </td>
 <td width=7% style="background:white;border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 2</font></b></p>
  </td>
 <td width=7% style="background:white;border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 3</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Private clients with mortgages</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7,455&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7,226&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;217&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13&nbsp;</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;111&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Real estate financing</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,513&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,049&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;455&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9&nbsp;</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;17&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;192&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;53&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Large corporate clients</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;30,796&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;24,339&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,249&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;209&nbsp;</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;48&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;31&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;102&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;422&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">SME clients</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,101&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,626&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,367&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;108&nbsp;</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;41&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;20&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;70&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;973&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Lombard</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14,603&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14,603&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Credit cards</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9,175&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,695&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;469&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11&nbsp;</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;30&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Commodity trade finance</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,379&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,352&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;26&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;18&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;28&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9,010&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Financial intermediaries and hedge funds</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11,090&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10,468&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;622&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;19&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;169&nbsp;</font></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other off-balance sheet commitments</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,764&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,428<sup> &nbsp;</sup></font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;332<sup> &nbsp;</sup></font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;23&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;21,306&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="background:white;border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total<sup>2</sup></font></b></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;100,877&nbsp;</font></b></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;90,785&nbsp;</font></b></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9,738&nbsp;</font></b></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;354&nbsp;</font></b></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;24&nbsp;</font></b></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13&nbsp;</font></b></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;98&nbsp;</font></b></p>
  </td>
 <td width=7% style="background:white;border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;831&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td colspan=11 valign=top width=100% style="background:white;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 Includes Loans
  and advances to customers of USD 377,791 million and Loans to financial
  advisors of USD 2,578 million, which are presented on the balance sheet line
  Other assets measured at amortized cost.&#160;&#160;&#160; 2&nbsp;Excludes Forward starting
  reverse repurchase and securities borrowing agreements.</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>




<p style="margin:0mm;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;">&nbsp;</font></p>


<DIV bclFooter>

 <p align=right style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:right;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">69</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

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</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_74"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">Notes to the UBS Group AG interim consolidated
 financial statements (unaudited)</font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:3.0pt;">&nbsp;</font></p>

<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:2.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Note </font></b><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">7&#160; </font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Expected credit
loss measurement</font></b><b><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;"> (continued)</font></b></p>

</div>


<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Coverage ratios for core loan portfolio</font></b></p>
  </td>
 <td width=1% style="height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=9 width=57% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=1% style="height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=4 width=28% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Gross carrying amount (USD million)<sup> &nbsp;</sup></font></p>
  </td>
 <td width=1% style="border:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=4 width=28% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">ECL coverage (bps)</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">On-balance sheet</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total</font></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 1</font></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 2</font></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 3</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total</font></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 1</font></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 2</font></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 3</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Private clients with mortgages</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;148,341&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;138,803&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,540&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;998&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;108&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;390&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Real estate financing</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;43,492&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;37,583&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,883&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;27&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;75&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,414&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Large corporate clients</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15,440&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12,684&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,069&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;686&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;181&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;21&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;192&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,089&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">SME clients</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15,183&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12,010&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,277&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;896&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;204&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;101&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,991&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Lombard</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;133,886&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;133,800&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;86&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,592&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Credit cards</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,596&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,209&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;342&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;46&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;240&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;91&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;333&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,488&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Commodity trade finance</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,375&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,219&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;43&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;113&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;315&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,939&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other loans and advances to customers</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;19,274&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;17,781&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,402&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;91&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;31&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;25&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,563&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Loans to financial advisors</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,677&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,009&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;142&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;526&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;404&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;135&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;351&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,446&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total<sup>1</sup></font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;383,266&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;359,099&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;20,697&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,470&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;30&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;106&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,247&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=42% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=1% style="height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=4 width=28% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Gross exposure (USD million)</font></p>
  </td>
 <td width=1% style="height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=4 width=28% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">ECL coverage (bps)</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Off-balance sheet </font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total</font></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 1</font></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 2</font></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 3</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total</font></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 1</font></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 2</font></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Stage 3</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Private clients with mortgages</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,285&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,083&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;198&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;197&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Real estate financing</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7,056&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,576&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;481&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;21&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;185&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Large corporate clients</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;32,828&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;25,026&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7,598&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;205&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;46&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;27&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;92&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;565&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">SME clients</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9,121&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7,239&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,734&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;148&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;40&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;19&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;63&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;779&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Lombard</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14,178&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14,170&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,941&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Credit cards</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,661&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,220&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;430&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;44&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Commodity trade finance</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,683&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,658&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;25&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,279&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Financial intermediaries and hedge funds</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7,690&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7,242&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;448&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;26&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;248&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;166&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other off-balance sheet commitments</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14,366&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13,876<sup> &nbsp;</sup></font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;482<sup> &nbsp;</sup></font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12,414&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="background:white;border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total<sup>2</sup></font></b></p>
  </td>
 <td width=1% style="background:white;border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;101,869&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;90,090&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11,396&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;382&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;25&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;91&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;894&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td colspan=11 valign=top width=100% style="background:white;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 Includes Loans
  and advances to customers of USD 380,589 million and Loans to financial
  advisors of USD 2,677 million, which are presented on the balance sheet line
  Other assets measured at amortized cost.&#160;&#160;&#160; 2&nbsp;Excludes Forward starting
  reverse repurchase and securities borrowing agreements.</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#160;&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><a name="FairValue_measurement"></a><a name="RG_MARKER_137752"></a><a name="RG_MARKER_137602"></a><a name="RG_MARKER_137602_bclEnd"></a><a name="RG_MARKER_137752_bclEnd"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:3.0pt;">&nbsp;</font></p>

<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><a name="XBRL_TS_0b7fdab88d324a109ab9c33cb"></a><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Note </font></b><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">8<a name="FairValue_measurement_bclEnd"></a></font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#160; </font></b><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Fair value
measurement<a name="XBRL_TS_0b7fdab88d324a109ab9c33cb_bclEnd"></a></font></b></p>

</div>









<p style="margin:0mm;text-align:justify;"><a name="XBRL_TS_4ae45cb02d3f454ebe7b2a6a9"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">This Note
provides fair value measurement information for both financial and
non-financial instruments and should be read in conjunction with &#8220;Note 21 Fair
value measurement&#8221; in the &#8220;Consolidated financial statements&#8221; section of the
Annual Report 2020, which provides more information about valuation principles,
valuation governance, fair value hierarchy classification, valuation
adjustments, valuation techniques and inputs, sensitivity of fair value
measurements, and methods applied to calculate fair values for financial
instruments not measured at fair value.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">All financial and non-financial assets and liabilities
measured or disclosed at fair value are categorized into one of three fair
value hierarchy levels. In certain cases, the inputs used to measure fair value
may fall within different levels of the fair value hierarchy. For disclosure
purposes, the level in the hierarchy within which the instrument is classified
in its entirety is based on the lowest-level input that is significant to the
position&#8217;s fair value measurement:</font></p>

<p style="margin-bottom:0mm;margin-left:11.35pt;margin-right:0mm;margin-top:0mm;text-align:justify;text-indent:-11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#8211;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;line-height:11.5pt;">&nbsp;&nbsp;
&nbsp;</font><font dir=LTR>&nbsp;</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Level&nbsp;1 </font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#8211;&nbsp;</font></b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;"> quoted prices (unadjusted) in
active markets for identical assets and liabilities;</font></p>

<p style="margin-bottom:0mm;margin-left:11.35pt;margin-right:0mm;margin-top:0mm;text-align:justify;text-indent:-11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#8211;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;line-height:11.5pt;">&nbsp;&nbsp;
&nbsp;</font><font dir=LTR>&nbsp;</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Level&nbsp;2 </font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#8211;&nbsp;</font></b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;"> valuation techniques for
which all significant inputs are, or are based on, observable market data; or</font></p>

<p style="margin-bottom:0mm;margin-left:11.35pt;margin-right:0mm;margin-top:0mm;text-align:justify;text-indent:-11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#8211;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;line-height:11.5pt;">&nbsp;&nbsp;
&nbsp;</font><font dir=LTR>&nbsp;</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Level&nbsp;3 </font><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#8211;&nbsp;</font></b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;"> valuation techniques for
which significant inputs are not based on observable market data.</font></p>






<font lang=EN-US><br clear=all>

</font><p style="margin:0mm;text-align:justify;text-indent:0mm;"><a name="XBRL_TS_4ae45cb02d3f454ebe7b2a6a9_bclEnd"></a></p>









<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>


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 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font color=#006600 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

</DIV>
<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:3.0pt;">&nbsp;</font></p>

<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Note </font></b><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">8&nbsp;</font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#160;
</font></b><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Fair value measurement (continued)</font></b></p>

</div>









<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><a name="XBRL_TS_53a77172698845819b093470e"></a><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">a) Fair value hierarchy<a name="XBRL_TS_53a77172698845819b093470e_bclEnd"></a></font></b></p>

</div>


<p style="margin:0mm;text-align:justify;"><a name="XBRL_TS_2ca60ef0cd3d46d49839e67e9"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The fair
value hierarchy classification of financial and non-financial assets and
liabilities measured at fair value is summarized in the table below.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:0mm;"><a name="XBRL_TS_2ca60ef0cd3d46d49839e67e9_bclEnd"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:8.25pt;">
  <td colspan=11 width=100% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Determination of fair values from quoted market prices or
  valuation techniques<sup>1</sup></font></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=4 width=28% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=1% style="border:none;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=4 width=28% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Level 1</font></b></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Level 2</font></b></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Level 3</font></b></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Level 1</font></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Level 2</font></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Level 3</font></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total</font></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=42% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td colspan=6 width=71% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Financial assets measured at fair value on a recurring basis</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=42% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Financial assets at fair value held for trading</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;101,898&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16,499&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,179&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;120,576&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;107,507&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15,553&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,337&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;125,397&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which:</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Equity instruments</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;85,242&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;736&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;137&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;86,115&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;90,307&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,101&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;171&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;91,579&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Government bills / bonds</font></i></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,384&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,890&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10,284&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9,028&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,207&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11,245&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Investment fund units</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7,400&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,602&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;31&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9,033&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7,374&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,794&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;23&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9,192&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Corporate and municipal bonds</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;865&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9,795&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;783&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11,443&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;789&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,356&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;817&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9,961&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Loans</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,234&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,052&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,285&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,860&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,134&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,995&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Asset-backed securities</font></i></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;242&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;166&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;415&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;236&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;181&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;425&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=42% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Derivative financial instruments</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,141&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;145,508&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,633&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;148,282&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;795&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;157,068&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,754&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;159,617&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which:</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Foreign exchange contracts</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;459&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;70,221&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;70,692&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;319&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;68,424&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;68,749&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Interest rate contracts</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;39,529&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;391&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;39,920&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;50,353&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;537&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;50,890&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Equity / index contracts</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;31,369&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;820&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;32,189&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;33,990&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;853&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;34,842&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Credit derivative contracts</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,914&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;395&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,309&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,008&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;350&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,358&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Commodity contracts</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,187&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,201&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,211&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,217&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=42% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Brokerage receivables</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;24,201&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;24,201&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;24,659&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;24,659&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=42% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Financial assets at fair value not held for trading</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;31,596&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;33,385&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,206&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;69,187&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;40,986&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;35,435&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,942&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;80,364&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which:</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Financial assets for unit-linked investment contracts</font></i></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;21,162&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;21,166&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;20,628&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;101&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;20,731&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Corporate and municipal bonds</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;98&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15,114&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;334&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15,547&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;290&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16,957&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;372&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;17,619&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Government bills / bonds</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9,985&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,970&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13,956&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;19,704&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,593&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;23,297&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Loans</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,900&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,093&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7,993&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7,699&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;862&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,561&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Securities financing transactions</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,811&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;119&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,930&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,629&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;122&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,751&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Auction rate securities</font></i></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,587&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,587&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,527&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,527&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Investment fund units</font></i></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;263&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;589&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;99&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;951&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;278&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;447&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;105&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;831&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Equity instruments</font></i></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;86&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;530&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;616&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;86&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;544&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;631&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other</font></i></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;441&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;441&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;408&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;418&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=42% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td colspan=11 width=100% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Financial assets measured at fair value through other
  comprehensive income on a recurring basis</font></b></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=42% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td valign=bottom width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Financial assets measured at fair value through other comprehensive
  income</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,154&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,946&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,100&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,144&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7,114&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,258&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which:</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Asset-backed securities</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,480&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,480&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,624&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,624&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Government bills / bonds</font></i></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,115&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;43&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,159&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,103&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;47&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,150&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Corporate and municipal bonds</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;38&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;423&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;461&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;40&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;444&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;485&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=42% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td colspan=6 width=71% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Non-financial assets measured at fair value on a recurring basis</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=42% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Precious metals and other physical commodities</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,709&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,709&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,264&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,264&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=42% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td colspan=6 width=71% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Non-financial assets measured at fair value on a non-recurring
  basis</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=42% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other non-financial assets<sup>2</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;247&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;248&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;245&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;246&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total assets measured at fair value</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;142,498&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;225,540&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,266&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;376,304&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;156,696&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;239,831&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,278&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;404,805&nbsp;</font></p>
  </td>
 </tr>
</table></div>






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<DIV bclHeader>

 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">Notes to the UBS Group AG interim consolidated
 financial statements (unaudited)</font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:3.0pt;">&nbsp;</font></p>

<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Note </font></b><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">8&#160;
Fair value measurement</font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;"> (continued)</font></b></p>

</div>









<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:9.75pt;">
  <td colspan=11 width=100% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Determination of fair values from quoted market prices or
  valuation techniques (continued)<sup>1</sup></font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=4 width=28% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=1% style="border:none;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=4 width=28% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Level 1</font></b></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Level 2</font></b></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Level 3</font></b></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Level 1</font></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Level 2</font></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Level 3</font></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total</font></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=42% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=5 width=64% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Financial liabilities measured at fair value on a recurring
  basis</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=42% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Financial liabilities at fair value held for trading</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;30,887&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,114&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;61&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;37,062&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;26,888&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,652&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;55&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;33,595&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which:</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Equity instruments</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;26,190&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;151&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;50&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;26,392&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;22,519&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;425&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;40&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;22,985&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Corporate and municipal bonds</font></i></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;32&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,718&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,757&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;31&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,048&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,089&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Government bills / bonds</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,168&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;807&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,975&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,642&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,036&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,678&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Investment fund units</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;492&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;397&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;891&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;696&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,127&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,828&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=42% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Derivative financial instruments</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,404&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;141,518&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,114&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;146,036&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;746&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;156,884&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,471&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;161,102&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which:</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Foreign exchange contracts</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;541&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;67,043&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;54&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;67,638&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;316&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;70,149&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;61&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;70,527&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Interest rate contracts</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;33,501&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;546&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;34,046&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;43,389&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;527&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;43,916&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Equity / index contracts</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;36,614&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,070&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;38,684&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;38,870&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,306&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;41,176&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Credit derivative contracts</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,139&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;369&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,508&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,403&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;528&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,931&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Commodity contracts</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,907&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;59&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,966&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,003&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;24&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,027&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=42% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=5 width=64% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Financial liabilities designated at fair value on a recurring
  basis</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=42% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Brokerage payables designated at fair value</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;45,600&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;45,600&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;38,742&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;38,742&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=42% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Debt issued designated at fair value</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;53,900&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12,635&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;66,535&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;50,273&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10,970&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;61,243&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=42% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other financial liabilities designated at fair value</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;28,310&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;545&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;28,855&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;29,671&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;716&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;30,387&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which:</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Financial liabilities related to unit-linked investment
  contracts</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;21,357&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;21,357&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;20,975&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;20,975&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Securities financing transactions</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,651&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,651&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7,317&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7,317&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Over-the-counter debt instruments</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,261&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;526&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,787&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,363&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;697&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,060&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=42% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total liabilities measured at fair value</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;32,291&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;275,442&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16,355&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;324,088&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;27,635&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;282,222&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15,212&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;325,069&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:21.0pt;">
  <td colspan=11 valign=top width=100% style="border:none;height:21.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 Bifurcated
  embedded derivatives are presented on the same balance sheet lines as their
  host contracts and are not included in this table. The fair value of these
  derivatives was not material for the periods presented.&#160;&#160;&#160; 2&nbsp;Other
  non-financial assets primarily consist of properties and other non-current
  assets held for sale, which are measured at the lower of their net carrying
  amount or fair value less costs to sell. </font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>








<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;padding:0mm;"><a name="XBRL_TS_299dce5f7ff0434eb683046c2"></a><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">b)
Valuation adjustments<a name="XBRL_TS_299dce5f7ff0434eb683046c2_bclEnd"></a>
and other items</font></b></p>

</div>









<p style="margin:0mm;text-align:justify;text-indent:0mm;"><a name="XBRL_TS_65f58f6400cd469496465fb83"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The table below summarizes the
valuation adjustment reserves recognized on the balance sheet. Details about
each category are provided further below.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Valuation adjustment reserves on the balance sheet</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 width=22% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">As of</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">life-to-date gain / (loss), USD million</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=11% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Deferred day-1 profit or loss reserves</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">387</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;269 &nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Own credit adjustments on financial liabilities designated at
  fair value</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">(400)</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(381)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">CVAs, FVAs, DVAs and other valuation adjustments</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">(977)</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">(959)</font></p>
  </td>
 </tr>
</table></div>



<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>








<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Deferred day-1 profit or loss
reserves</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The table below summarizes the changes in deferred
day-1 profit or loss reserves during the relevant period. </font></p>

<font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font><p style="margin:0mm;text-align:justify;text-indent:11.5pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Deferred day-1 profit or loss is
generally released into </font><i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:-.1pt;line-height:11.5pt;">Other
net income from financial instruments measured at fair value through profit or
loss </font></i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">when pricing of equivalent products or the underlying
parameters become observable or when the transaction is closed out.<a name="XBRL_TS_65f58f6400cd469496465fb83_bclEnd"></a></font></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:11.25pt;">
  <td colspan=4 width=91% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Deferred day-1 profit or loss reserves</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=72% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 width=27% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">For the quarter ended</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=72% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=9% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td width=9% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.20</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=72% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Reserve balance at the beginning of the period</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;269&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;231&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;146&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=72% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Profit / (loss) deferred on new transactions</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;181&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;75&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;118&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=72% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">(Profit) / loss recognized in the income statement</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(63)&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(37)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(69)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=72% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Foreign currency translation</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1)&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=72% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Reserve balance at the end of the period</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;387&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;269&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;194&nbsp;</font></p>
  </td>
 </tr>
</table></div>










<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>


<DIV bclFooter>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:justify;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">72</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_77"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font color=#006600 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

</DIV>
<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:3.0pt;">&nbsp;</font></p>

<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Note </font></b><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">8&#160;
Fair value measurement</font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;"> (continued)</font></b></p>

</div>









<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="XBRL_TS_fdb8bef2d8904bb1bb643dc39"></a><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Own credit</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The valuation of financial liabilities designated at
fair value requires consideration of the own credit component of fair value.
Own credit risk is reflected in the valuation of UBS&#8217;s fair value option
liabilities where this component is considered relevant for valuation purposes
by UBS&#8217;s counterparties and other market participants. However, own credit risk
is not reflected in the valuation of UBS&#8217;s liabilities that are fully
collateralized or for other obligations for which it is established market
practice to not include an own credit component. </font></p>

<font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font><p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">A description of UBS&#8217;s methodology to estimate own credit and
the related accounting principles is included in &#8220;Note 21 Fair value
measurement&#8221; in the &#8220;Consolidated financial statements&#8221; section of the Annual
Report 2020.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">In the first quarter of 2021, other comprehensive income
related to own credit on financial liabilities designated at fair value was negative
USD&nbsp;29 million, primarily due to a tightening of UBS&#8217;s credit spreads.</font></p>








<p style="margin:0mm;text-align:justify;"><a name="XBRL_TS_fdb8bef2d8904bb1bb643dc39_bclEnd"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:11.25pt;">
  <td width=68% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Own credit adjustments on financial liabilities designated at
  fair value</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=68% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=4 width=31% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Included in Other comprehensive income</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=68% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=4 width=31% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">For the quarter ended</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=68% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=1% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td width=10% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.20</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=68% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Recognized during the period:</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=68% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Realized gain / (loss) </font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(6)&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(3)&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=68% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Unrealized gain / (loss) </font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(23)&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(208)&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,156&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=68% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total gain / (loss), before tax</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(29)&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(211)&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,156&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:3.75pt;">
  <td width=68% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:3.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=68% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 9.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=4 width=31% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">As of </font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=68% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=1% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td width=10% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.20</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=68% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Recognized on the balance sheet as of the end of the period:</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=68% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Unrealized life-to-date gain / (loss) </font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(400)&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(381)&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,069&nbsp;</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>








<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="XBRL_TS_151907a9983541d4bc350a9be"></a><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Credit, funding, debit and other
valuation adjustments</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">A description of UBS&#8217;s methodology for estimating
credit valuation adjustments (CVAs), funding valuation adjustments (FVAs),
debit valuation adjustments (DVAs) and other valuation adjustments is included
in &#8220;Note 21 Fair value measurement&#8221; in the &#8220;Consolidated financial statements&#8221;
section of the Annual Report 2020. </font></p>

<font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font><p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">In the first quarter of 2021, <a name="XBRL_TS_151907a9983541d4bc350a9be_bclEnd"></a>FVAs decreased due to a tightening
of funding spreads compared with the fourth quarter of 2020. CVAs decreased
mainly as a result of lower derivative exposures as US dollar interest rates
increased during the quarter. Other valuation adjustments for liquidity and model
uncertainty increased, primarily due to extensions on existing trades and new
trade executions during the quarter. </font></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">CVAs, FVAs, DVAs and other valuation adjustments</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 width=22% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">As of</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Life-to-date gain / (loss), USD million</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=11% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Credit valuation adjustments<sup>1</sup></font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(53)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(66)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Funding valuation adjustments</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(58)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(73)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Debit valuation adjustments</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other valuation adjustments</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(867)&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(820)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 11.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: liquidity</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(356)&nbsp;</font></i></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(340)&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 11.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: model uncertainty</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(511)&nbsp;</font></i></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(479)&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td colspan=4 valign=top width=100% style="border:none;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 Amounts do not
  include reserves against defaulted counterparties.&#160;&#160;&#160; </font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">In the first quarter of 2021, UBS incurred a loss of
USD&nbsp;774 million as a result of closing out a significant portfolio of
swaps with a US-based client of its prime brokerage business and the unwinding of
related hedges, following the client&#8217;s default. This loss is presented within
Other net income from financial instruments measured at fair value through
profit or loss.</font></p>













<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:3.0pt;">&nbsp;</font></p>

<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:6.0pt;padding:0mm;"><a name="XBRL_TS_985931fd88904b4c98d0be77e"></a><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">c) Transfers between Level 1 and Level
<a name="XBRL_TS_985931fd88904b4c98d0be77e_bclEnd"></a>2</font></b></p>

</div>









<p style="margin:0mm;text-align:justify;"><a name="XBRL_TS_02a30c2f207649b582b349d40"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The
amounts disclosed in this section reflect transfers between Level&nbsp;1 and
Level&nbsp;2 for instruments that were held for the entire reporting period.</font></p>

<font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font><p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><a name="XBRL_CS_7797e894a12647fc949ed1754"></a><a name="XBRL_CS_f8b5654c621e4f40a1cb782bd"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Assets and liabilities transferred
from Level&nbsp;2 to Level&nbsp;1, or from Level&nbsp;1 to Level&nbsp;2, during
the first three months of 2021 were not material.<a name="XBRL_CS_7797e894a12647fc949ed1754_bclEnd"></a><a name="XBRL_CS_f8b5654c621e4f40a1cb782bd_bclEnd"></a><a name="XBRL_TS_02a30c2f207649b582b349d40_bclEnd"></a></font></p>









<p style="margin:0mm;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:10.0pt;">&nbsp;</font></p>


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 <p align=right style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:right;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">73</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_78"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">Notes to the UBS Group AG interim consolidated
 financial statements (unaudited)</font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:3.0pt;">&nbsp;</font></p>

<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Note </font></b><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">8&#160;
Fair value measurement</font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;"> (continued)</font></b></p>

</div>









<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><a name="XBRL_TS_dd3bb575fd0e49bbb3cf31229"></a><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">d) Level 3 instruments: valuation
techniques and inputs<a name="XBRL_TS_dd3bb575fd0e49bbb3cf31229_bclEnd"></a></font></b></p>

</div>









<p style="margin:0mm;text-align:justify;"><a name="XBRL_TS_90266d9cc797451f85b9e37f2"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:-.1pt;line-height:11.5pt;">The table below presents material Level&nbsp;3
assets and liabilities, together with the valuation techniques used to measure
fair value, the inputs used in a given valuation technique that are considered
significant as of 31&nbsp;March 2021 and unobservable, and a range of values
for those unobservable inputs.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:-.1pt;line-height:11.5pt;">The range of values
represents the highest- and lowest-level inputs used in the valuation
techniques. Therefore, the range does not reflect the level of uncertainty
regarding a particular input or an assessment of the reasonableness of the
Group&#180;s estimates and assumptions, but rather the different underlying
characteristics of the relevant assets and liabilities held by the Group. The
ranges will therefore vary from period to period and parameter to parameter
based on characteristics of the instruments held at each balance sheet date.
Furthermore, the ranges of unobservable inputs may differ across other
financial institutions, reflecting the diversity of the products in each firm&#8217;s
inventory.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The significant unobservable inputs disclosed in the table
below are consistent with those included in &#8220;Note 21 Fair value measurement&#8221; in
the &#8220;Consolidated financial statements&#8221; section of the Annual Report 2020. A
description of the potential effect that a change in each unobservable input in
isolation may have on a fair value measurement, including information to
facilitate an understanding of factors that give rise to the input ranges
shown, is also provided in &#8220;Note 21 Fair value measurement&#8221; in the
&#8220;Consolidated financial statements&#8221; section of the Annual Report 2020.<a name="XBRL_TS_90266d9cc797451f85b9e37f2_bclEnd"></a></font></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:7.0pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:10.5pt;">
  <td colspan=18 width=100% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Valuation techniques and inputs used in the fair value
  measurement of Level 3 assets and liabilities</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=12% style="border:none;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=5 width=25% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Fair value</font></b></p>
  </td>
 <td width=1% style="border:none;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td rowspan=3 valign=bottom width=13% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Significant unobservable input(s)<sup>1</sup></font></b></p>
  </td>
 <td colspan=8 width=37% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Range of inputs</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=12% style="height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Assets</font></b></p>
  </td>
 <td width=1% style="border:none;border-top:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 width=12% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Liabilities</font></b></p>
  </td>
 <td width=1% style="height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td rowspan=2 valign=bottom width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Valuation technique(s)</font></b></p>
  </td>
 <td width=1% style="height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 width=16% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=1% style="border:none;border-top:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 width=15% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td width=5% style="border:none;border-top:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD billion</font></i></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td valign=bottom width=6% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td valign=bottom width=6% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">low</font></b></p>
  </td>
 <td valign=bottom width=5% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">high</font></b></p>
  </td>
 <td width=6% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">weighted average<sup>2</sup></font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=4% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">low</font></p>
  </td>
 <td valign=bottom width=5% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">high</font></p>
  </td>
 <td width=6% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">weighted average<sup>2</sup></font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">unit<sup>1</sup></font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td colspan=18 width=100% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Financial assets and liabilities at fair value held for trading
  and Financial assets at fair value not held for trading</font></b></p>
  </td>
 </tr>
<tr style="height:15.0pt;">
  <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Corporate and municipal bonds</font></i></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.1&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.2&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Relative value to market comparable</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Bond price equivalent</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;143&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;100&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=4% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;143&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;100&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">points</font></p>
  </td>
 </tr>
<tr style="height:21.0pt;">
  <td valign=bottom width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:21.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:21.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:21.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:21.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:21.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:21.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:21.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:21.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Discounted expected cash flows</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:21.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:21.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Discount margin</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:21.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;337&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:21.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;337&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:21.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:21.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=4% style="border:none;border-bottom:dotted #74726F 1.0pt;height:21.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;268&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:21.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;268&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:21.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:21.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">basis points</font></p>
  </td>
 </tr>
<tr style="height:15.0pt;">
  <td valign=bottom width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Traded loans, loans measured at fair value, loan commitments and
  guarantees</font></i></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2.6&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2.4&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Relative value to market comparable</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Loan price equivalent</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;101&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;99&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=4% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;101&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;99&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">points</font></p>
  </td>
 </tr>
<tr style="height:21.0pt;">
  <td valign=bottom width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:21.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:21.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:21.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:21.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:21.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:21.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:21.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:21.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Discounted expected cash flows</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:21.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:21.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Credit spread</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:21.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;350&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:21.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;800&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:21.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:21.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=4% style="border:none;border-bottom:dotted #74726F 1.0pt;height:21.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;190&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:21.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;800&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:21.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:21.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">basis points</font></p>
  </td>
 </tr>
<tr style="height:15.0pt;">
  <td valign=bottom width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Market comparable and securitization model</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Credit spread</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;25&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,547&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;248&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=4% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;40&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,858&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;333&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">basis points</font></p>
  </td>
 </tr>
<tr style="height:15.0pt;">
  <td valign=bottom width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Auction rate securities</font></i></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.6&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.5&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Discounted expected cash flows</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Credit spread</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;115&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;221&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;162&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=4% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;100&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;188&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;140&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">basis points</font></p>
  </td>
 </tr>
<tr style="height:15.0pt;">
  <td valign=bottom width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Investment fund units<sup>3</sup></font></i></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.1&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.1&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Relative value to market comparable</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net asset value</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=4% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:15.0pt;">
  <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Equity instruments<sup>3</sup></font></i></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.7&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.7&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Relative value to market comparable</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Price</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=4% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:15.0pt;">
  <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Debt issued designated at fair value<sup>4</sup></font></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12.6&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11.0&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=13% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=4% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:15.75pt;">
  <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other financial liabilities designated at fair value</font></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.5&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.7&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Discounted expected cash flows</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Funding spread</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;44&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;175&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=4% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;42&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;175&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">basis points</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=18 width=100% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Derivative financial instruments</font></b></p>
  </td>
 </tr>
<tr style="height:7.5pt;">
  <td valign=bottom width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Interest rate contracts</font></i></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.4&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.5&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.5&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.5&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Option model</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Volatility of interest rates</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;48&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;81&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=4% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;29&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;69&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">basis points</font></p>
  </td>
 </tr>
<tr style="height:15.0pt;">
  <td valign=bottom width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Credit derivative contracts</font></i></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.4&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.3&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.4&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.5&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Discounted expected cash flows</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Credit spreads </font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;617&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=4% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;489&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">basis points</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Bond price equivalent</font></p>
  </td>
 <td width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;102&nbsp;</font></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=4% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;100&nbsp;</font></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">points</font></p>
  </td>
 </tr>
<tr style="height:7.5pt;">
  <td valign=bottom width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Equity / index contracts</font></i></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.8&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.9&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2.1&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2.3&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Option model</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Equity dividend yields</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;21&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=4% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">%</font></p>
  </td>
 </tr>
<tr style="height:14.25pt;">
  <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:14.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Volatility of equity stocks, equity and other indices</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:14.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:14.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;119&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=4% style="border:none;border-bottom:dotted #74726F 1.0pt;height:14.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:14.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;100&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:14.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">%</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Equity-to-FX correlation</font></p>
  </td>
 <td width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(45)&nbsp;</font></b></p>
  </td>
 <td width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;70&nbsp;</font></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=4% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(34)&nbsp;</font></p>
  </td>
 <td width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;65&nbsp;</font></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=5% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">%</font></p>
  </td>
 </tr>
<tr style="height:14.25pt;">
  <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.5pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.5pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.5pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.5pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=13% style="border:none;border-bottom:solid #74726F 1.5pt;height:14.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Equity-to-equity correlation</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:solid #74726F 1.5pt;height:14.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(25)&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:solid #74726F 1.5pt;height:14.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;99&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.5pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=4% style="border:none;border-bottom:solid #74726F 1.5pt;height:14.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(16)&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:solid #74726F 1.5pt;height:14.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;100&nbsp;</font></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.5pt;height:14.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=5% style="border:none;border-bottom:solid #74726F 1.5pt;height:14.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">%</font></p>
  </td>
 </tr>
<tr style="height:14.25pt;">
  <td colspan=18 valign=top width=100% style="border:none;height:14.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 The ranges of
  significant unobservable inputs are represented in points, percentages and
  basis points. Points are a percentage of par (e.g., 100 points would be 100%
  of par).&#160;&#160;&#160; 2 Weighted averages are provided for non-derivative financial
  instruments and were calculated by weighting inputs based on the fair values
  of the respective instruments. Weighted averages are not provided for inputs
  related to derivative contracts, as this would not be meaningful.&#160;&#160;&#160; 3 The
  range of inputs is not disclosed as there is a dispersion of values given the
  diverse nature of the investments.&#160;&#160;&#160; 4 Debt issued designated at fair value
  is composed primarily of UBS structured notes, which include variable
  maturity notes with various equity and foreign exchange underlying risks,
  rates-linked and credit-linked notes, all of which have embedded derivative
  parameters that are considered to be unobservable. The equivalent derivative
  instrument parameters are presented in the respective derivative financial
  instruments lines in this table.</font></p>
  </td>
 </tr>
</table></div>






<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:3.0pt;">&nbsp;</font></p>


<DIV bclFooter>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:justify;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">74</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_79"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font color=#006600 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

</DIV>
<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:3.0pt;">&nbsp;</font></p>

<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Note </font></b><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">8&#160;
Fair value measurement</font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;"> (continued)</font></b></p>

</div>









<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><a name="XBRL_TS_6e95a2a1a3064de293b4fa780"></a><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">e) Level 3 instruments: sensitivity to
changes in unobservable input assumptions<a name="XBRL_TS_6e95a2a1a3064de293b4fa780_bclEnd"></a> </font></b></p>

</div>









<p style="margin:0mm;text-align:justify;"><a name="XBRL_TS_c4d31d0e14b34105a5902f15c"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The table
below summarizes those financial assets and liabilities classified as
Level&nbsp;3 for which a change in one or more of the unobservable inputs to
reflect reasonably possible alternative assumptions would change fair value
significantly, and the estimated effect thereof.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The table shown presents the favorable and unfavorable effects
for each class of financial assets and liabilities for which the potential
change in fair value is considered significant. The sensitivity of fair value
measurements for debt issued designated at fair value and over-the-counter debt
instruments designated at fair value is reported with the equivalent derivative
or securities financing instrument within the table below.</font></p>

<font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font><p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The sensitivity data shown below presents an estimation of valuation
uncertainty based on reasonably possible alternative values for Level&nbsp;3
inputs at the balance sheet date and does not represent the estimated effect of
stress scenarios. Typically, these financial assets and liabilities are
sensitive to a combination of inputs from Levels&nbsp;1&#8211;3. Although
well-defined interdepend-encies may exist between Levels&nbsp;1&#8211;2 and
Level&nbsp;3 parameters (e.g., between interest rates, which are generally
Level&nbsp;1 or Level&nbsp;2, and prepayments, which are generally
Level&nbsp;3), these have not been incorporated in the table. Furthermore,
direct interrelationships between the Level&nbsp;3 parameters are not a
significant element of the valuation uncertainty.<a name="XBRL_TS_c4d31d0e14b34105a5902f15c_bclEnd"></a></font></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:11.25pt;">
  <td colspan=4 width=81% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Sensitivity of fair value measurements to changes in
  unobservable input assumptions</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=62% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 width=18% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=1% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 width=18% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 </tr>
<tr style="height:19.5pt;">
  <td valign=bottom width=62% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Favorable</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">changes</font></b></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Unfavorable</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">changes</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Favorable</font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">changes</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Unfavorable</font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">changes</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Traded loans, loans designated at fair value, loan commitments
  and guarantees</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;26&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(21)&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;29&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(28)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Securities financing transactions</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;71&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(51)&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;40&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(52)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Auction rate securities</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;88&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(88)&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;105&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(105)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Asset-backed securities</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;50&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(40)&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;41&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(41)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Equity instruments</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;127&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(99)&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;129&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(96)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Interest rate derivative contracts, net</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;38&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(23)&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(16)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Credit derivative contracts, net</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(10)&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(14)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Foreign exchange derivative contracts, net</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;17&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(11)&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;20&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(15)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Equity / index derivative contracts, net</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;358&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(344)&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;318&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(294)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=62% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;77&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(92)&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;91&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(107)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=62% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;861&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(779)&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;794&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(768)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td colspan=7 valign=top width=100% style="border:none;height:12.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;padding:0mm;"><a name="XBRL_TS_686a11da9ac4426a9b5262881"></a><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">f) Level
3 instruments: movements during the period<a name="XBRL_TS_686a11da9ac4426a9b5262881_bclEnd"></a></font></b></p>

</div>









<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="XBRL_TS_765bcdb04d2845f493fa1c24a"></a><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Significant changes in Level 3
instruments</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The table on the following pages presents additional
information about material Level&nbsp;3 assets and liabilities measured at fair
value on a recurring basis. Level&nbsp;3 assets and liabilities may be hedged
with instruments classified as Level&nbsp;1 or Level&nbsp;2 in the fair value
hierarchy and, as a result, realized and unrealized gains and losses included
in the table may not comprise the effect of related hedging activity.
Furthermore, the realized and unrealized gains and losses presented in the
table are not limited solely to those arising from Level&nbsp;3 inputs, as
valuations are generally derived from both observable and unobservable
parameters.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Assets and liabilities transferred into or out of Level&nbsp;3
are presented as if those assets or liabilities had been transferred at the
beginning of the year.</font></p>









<p style="margin:0mm;text-align:justify;"><a name="XBRL_TS_765bcdb04d2845f493fa1c24a_bclEnd"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>









<DIV bclFooter>

 <p align=right style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:right;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">75</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_80"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">Notes to the UBS Group AG interim consolidated
 financial statements (unaudited)</font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:3.0pt;">&nbsp;</font></p>

<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Note </font></b><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">8&#160;
Fair value measurement</font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;"> (continued)</font></b></p>

</div>









<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:10.5pt;">
  <td colspan=2 width=27% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Movements of Level 3 instruments</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:18.0pt;">
  <td width=19% style="border:none;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 width=14% style="border:none;border-bottom:solid #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total gains / losses included in comprehensive income</font></p>
  </td>
 <td width=8% style="border:none;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=6% style="border:none;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:44.25pt;">
  <td valign=bottom width=19% style="border:none;border-bottom:solid #74726F 1.0pt;height:44.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD billion</font></i></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:44.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Balance </font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">as of </font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31&nbsp;December 2019</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:44.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net gains / losses included in income<sup>1</sup></font></p>
  </td>
 <td valign=bottom width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:44.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: related to Level&nbsp;3 instruments held at the end of
  the reporting period</font></i></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:44.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Purchases</font></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:44.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Sales</font></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:44.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Issuances</font></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:44.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Settlements</font></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:44.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Transfers </font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">into </font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Level 3</font></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:44.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Transfers </font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">out of </font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Level 3</font></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:44.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Foreign currency translation</font></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:44.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Balance </font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">as of </font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31&nbsp;March</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">2020</font></b></p>
  </td>
 </tr>
<tr style="height:6.75pt;">
  <td width=19% style="border:none;height:6.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:6.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:6.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:6.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:6.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=6% style="border:none;height:6.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:6.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:6.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:6.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:6.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:6.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:6.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:19.5pt;">
  <td valign=bottom width=19% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Financial assets at fair value held for trading</font></b></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.8&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.1)&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.1)&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.4&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1.1)&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.8&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.2&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.1)&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2.0&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=19% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 11.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which:</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=19% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 11.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Investment fund units</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=19% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 11.0pt;">
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  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.5&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.1&nbsp;</font></i></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.3)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.2&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.5&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=19% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 11.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Loans</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.8&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.1)&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.1&nbsp;</font></i></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.5)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.8&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.1&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=19% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 11.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.4&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.2&nbsp;</font></i></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.2)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.1&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.4&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:6.0pt;">
  <td width=19% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=6% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:19.5pt;">
  <td valign=bottom width=19% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Derivative financial instruments &#8211; assets</font></b></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.3&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.5&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.6&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.9&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.3)&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.1&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2.4&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=19% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 11.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which:</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=19% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 11.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Interest rate contracts</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.3&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.1&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.1&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.1&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.4&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=19% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 11.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Equity / index contracts</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.6&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.4&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.4&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.5&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.1)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.3&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=19% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 11.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Credit derivative contracts</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.4&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.1&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.1&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.3&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.2)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.7&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=19% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 11.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:6.0pt;">
  <td width=19% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=6% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:6.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:19.5pt;">
  <td valign=bottom width=19% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Financial assets at fair value not held for trading</font></b></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4.0&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.2)&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.2)&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.3&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.3)&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.7&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=19% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 11.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which:</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=19% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 11.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Loans</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.2&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.1)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.1)&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.3&nbsp;</font></i></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.3)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.1&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=19% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 11.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Auction rate securities</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.5&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.1)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.1)&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.4&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=19% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 11.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Equity instruments</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.5&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.5&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=19% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 11.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.7&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.1&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.1&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.1)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.8&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:5.25pt;">
  <td width=19% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=6% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:19.5pt;">
  <td valign=bottom width=19% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Derivative financial instruments &#8211; liabilities</font></b></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2.0&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.0&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.0&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.3&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.2)&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.8&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.1)&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.1)&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.6&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=19% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 11.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which:</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=19% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 11.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Interest rate contracts</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.1&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.5&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.5&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.3&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.9&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=19% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 11.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Equity / index contracts</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.3&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.3&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.3&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.2&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.2)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.6&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=19% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 11.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Credit derivative contracts</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.5&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.2&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.2&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.1&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.1)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.4&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.1)&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.1&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=19% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 11.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.1&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=6% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.1&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:5.25pt;">
  <td width=19% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=6% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:18.75pt;">
  <td valign=bottom width=19% style="border:none;border-bottom:solid #74726F 1.0pt;height:18.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Debt issued designated at fair value</font></b></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:18.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9.9&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:18.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1.0)&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:18.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1.0)&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:18.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.0pt;height:18.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:18.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2.1&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:18.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(3.2)&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:18.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.3&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:18.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.8)&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:18.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(0.1)&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:18.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7.3&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:5.25pt;">
  <td width=19% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=6% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:19.5pt;">
  <td width=19% style="border:none;border-bottom:solid #74726F 1.5pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other financial liabilities designated at fair value</font></b></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.8&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.1&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.1&nbsp;</font></i></b></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=6% style="border:none;border-bottom:solid #74726F 1.5pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.3&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.2&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:19.5pt;">
  <td colspan=12 valign=top width=100% style="border:none;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 Net gains /
  losses included in comprehensive income are composed of Net interest income,
  Other net income from financial instruments measured at fair value through
  profit or loss and Other income.&#160;&#160;&#160; 2 Total Level 3 assets as of
  31&nbsp;March 2021 were USD 8.3 billion (31&nbsp;December 2020: USD 8.3
  billion). Total Level 3 liabilities as of 31&nbsp;March 2021 were USD 16.4
  billion (31&nbsp;December 2020: USD 15.2 billion).&#160;&#160;&#160; </font></p>
  </td>
 </tr>
</table></div>






<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>


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<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:3.0pt;">&nbsp;</font></p>

<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Note </font></b><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">8&nbsp;</font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">
&#160;</font></b><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Fair value measurement</font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;"> (continued)</font></b></p>

</div>









<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:10.5pt;">
  <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:18.0pt;">
  <td width=11% style="border:none;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 width=16% style="border:none;border-bottom:solid #74726F 1.0pt;height:18.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total gains / losses included in comprehensive income</font></p>
  </td>
 <td width=9% style="border:none;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:18.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:44.25pt;">
  <td valign=bottom width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:44.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Balance </font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">as of</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31&nbsp;December</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">2020<sup>2</sup></font></b></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:44.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net gains / losses included in income<sup>1</sup></font></p>
  </td>
 <td valign=bottom width=8% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:44.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: related to Level&nbsp;3 instruments held at the end of
  the reporting period</font></i></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:44.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Purchases</font></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:44.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Sales</font></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:44.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Issuances</font></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:44.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Settlements</font></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:44.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Transfers </font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">into </font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Level 3</font></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:44.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Transfers </font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">out of </font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Level 3</font></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:44.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Foreign </font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">currency </font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">translation</font></p>
  </td>
 <td valign=bottom width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:44.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Balance </font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">as of </font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31&nbsp;March</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">2021<sup>2</sup></font></b></p>
  </td>
 </tr>
<tr style="height:6.75pt;">
  <td width=11% style="border:none;height:6.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:6.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:6.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:6.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:6.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:6.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:6.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:6.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:6.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:6.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:6.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></b></p>
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  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></b></p>
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  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.2&nbsp;</font></b></p>
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 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
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  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
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 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
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  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
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  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
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  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
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<tr style="height:9.0pt;">
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  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
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  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
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  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
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  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
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  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
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  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
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  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
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  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
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  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
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  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
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  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></i></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
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  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
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  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
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  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
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  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
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 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
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  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
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  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
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  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
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  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
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  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
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<tr style="height:9.0pt;">
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<tr style="height:9.0pt;">
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
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  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
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  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
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  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
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  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
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  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
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  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
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  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
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  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
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  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
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  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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 <td width=9% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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 <td width=9% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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 <td width=8% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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 <td width=9% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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 <td width=9% style="border:none;height:5.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
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<tr style="height:19.5pt;">
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  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.5&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:19.5pt;">
  <td colspan=11 valign=top width=100% style="border:none;height:19.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>






<p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>


<DIV bclFooter>

 <p align=right style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:right;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">77</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_82"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">Notes to the UBS Group AG interim consolidated
 financial statements (unaudited)</font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:3.0pt;">&nbsp;</font></p>

<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Note </font></b><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">8&nbsp;</font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">
&#160;</font></b><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Fair value measurement</font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;"> (continued)</font></b></p>

</div>









<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><a name="XBRL_TS_29fb0c51f181462d89a00c18f"></a><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">g) Financial instruments not measured
at fair value<a name="XBRL_TS_29fb0c51f181462d89a00c18f_bclEnd"></a> </font></b></p>

</div>


<p style="margin:0mm;text-align:justify;"><a name="XBRL_TS_bb74d1a0307b460e898af7a83"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The table
below reflects the estimated fair values of financial instruments not measured
at fair value.<a name="XBRL_TS_bb74d1a0307b460e898af7a83_bclEnd"></a></font></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:11.25pt;">
  <td colspan=7 width=100% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Financial instruments not measured at fair value</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=61% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 width=19% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=1% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 width=18% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 </tr>
<tr style="height:15.0pt;">
  <td valign=bottom width=61% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD billion</font></i></p>
  </td>
 <td width=1% style="height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Carrying amount</font></b></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Fair value</font></b></p>
  </td>
 <td valign=bottom width=1% style="height:15.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Carrying amount</font></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:15.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Fair value</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=61% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Assets</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=61% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Cash and balances at central banks</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;158.9&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;158.9&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;158.2&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;158.2&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=61% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Loans and advances to banks</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;18.4&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;18.4&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15.4&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15.4&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=61% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Receivables from securities financing transactions</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;82.4&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;82.4&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;74.2&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;74.2&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=61% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Cash collateral receivables on derivative instruments</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;35.0&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;35.0&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;32.7&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;32.7&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=61% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Loans and advances to customers</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;376.8&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;376.8&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;379.5&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;380.8&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=61% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other financial assets measured at amortized cost</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;26.8&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;27.3&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;27.2&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;28.0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=61% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Liabilities</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=61% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Amounts due to banks</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12.6&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12.6&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11.0&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11.0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=61% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Payables from securities financing transactions</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6.7&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6.7&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6.3&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6.3&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=61% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Cash collateral payables on derivative instruments</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;36.6&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;36.6&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;37.3&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;37.3&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=61% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Customer deposits</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;505.4&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;505.5&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;524.6&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;524.7&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=61% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Debt issued measured at amortized cost</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;144.7&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;147.0&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;139.2&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;141.9&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=61% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other financial liabilities measured at amortized cost<sup>1</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5.5&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5.6&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5.8&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5.8&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td colspan=7 valign=top width=100% style="border:none;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1&nbsp;Excludes
  lease liabilities. </font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>








<p style="margin:0mm;text-align:justify;"><a name="XBRL_TS_768764bf053b4cefad20d7217"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The fair
values included in the table above have been calculated for disclosure purposes
only. The valuation techniques and assumptions relate only to UBS&#8217;s financial
instruments not otherwise measured at fair value. Other institutions may use
different methods and assumptions for their fair value estimation, and therefore
such fair value disclosures cannot necessarily be compared from one financial
institution to another. <a name="XBRL_TS_768764bf053b4cefad20d7217_bclEnd"></a></font></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:6.0pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:6.0pt;">&#160;&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><a name="Derivative_instr"></a><a name="RG_MARKER_137762"></a><a name="RG_MARKER_137607"></a><a name="RG_MARKER_137607_bclEnd"></a><a name="RG_MARKER_137762_bclEnd"></a></p>
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<p style="border:none;margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><a name="XBRL_TS_790b3ab7c2d64b15a244de192"></a><a name="Derivative_instr_bclEnd"></a><b><font face="Frutiger 45 Light,sans-serif" lang=NO-BOK style="font-size:9.0pt;line-height:11.5pt;">Note </font></b><b><font color=black face="Frutiger 45 Light,sans-serif" lang=NO-BOK style="font-size:9.0pt;line-height:11.5pt;">9&#160; </font></b><b><font face="Frutiger 45 Light,sans-serif" lang=NO-BOK style="font-size:9.0pt;line-height:11.5pt;">Derivative instruments<a name="XBRL_TS_790b3ab7c2d64b15a244de192_bclEnd"></a></font></b></p>

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<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><a name="XBRL_TS_991e467a7d234dd1adc2008b3"></a><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">a) Derivative instruments<a name="XBRL_TS_991e467a7d234dd1adc2008b3_bclEnd"></a></font></b></p>

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<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:29.25pt;">
  <td valign=bottom width=38% style="border:none;border-bottom:solid #74726F 1.0pt;height:29.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">As of 31.3.21, USD billion</font></i></p>
  </td>
 <td valign=bottom width=2% style="border:none;border-bottom:solid #74726F 1.0pt;height:29.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:29.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Derivative</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">financial</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">assets</font></b></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:29.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Notional values</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">related to derivative</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">financial assets<sup>1</sup></font></b></p>
  </td>
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  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Derivative</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">financial</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">liabilities</font></b></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:29.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Notional values</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">related to derivative</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">financial liabilities<sup>1</sup></font></b></p>
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  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">notional</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">values<sup>2</sup></font></b></p>
  </td>
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<tr style="height:9.0pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Derivative financial instruments</font></b></p>
  </td>
 <td width=2% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Interest rate contracts</font></p>
  </td>
 <td width=2% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;39.9&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;991&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;34.0&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;901&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11,707&nbsp;</font></b></p>
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 </tr>
<tr style="height:9.0pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Credit derivative contracts</font></p>
  </td>
 <td width=2% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2.3&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;65&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2.5&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;62&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Foreign exchange contracts</font></p>
  </td>
 <td width=2% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;70.7&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,283&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;67.6&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,066&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Equity / index contracts</font></p>
  </td>
 <td width=2% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;32.2&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;468&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;38.7&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;599&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;97&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Commodity contracts</font></p>
  </td>
 <td width=2% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2.2&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;62&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2.0&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;54&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Loan commitments measured at FVTPL (OTC)</font></p>
  </td>
 <td width=2% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Unsettled purchases of non-derivative financial instruments<sup>3</sup></font></p>
  </td>
 <td width=2% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.6&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;26&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.3&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;32&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=38% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Unsettled sales of non-derivative financial instruments<sup>3</sup></font></p>
  </td>
 <td width=2% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 6.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.4&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;41&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.8&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;21&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=38% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total derivative financial instruments, based on IFRS netting<sup>4</sup></font></b></p>
  </td>
 <td width=2% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;148.3&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,937&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;146.0&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,745&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11,817&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Further netting potential not recognized on the balance sheet<sup>5</sup></font></p>
  </td>
 <td width=2% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(130.1)&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(127.5)&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: netting of recognized financial liabilities / assets</font></i></p>
  </td>
 <td width=2% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(105.1)&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(105.1)&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=38% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: netting with collateral received / pledged</font></i></p>
  </td>
 <td width=2% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(25.0)&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(22.5)&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 </tr>
<tr style="height:15.75pt;">
  <td width=38% style="border:none;border-bottom:solid #74726F 1.5pt;height:15.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total derivative financial instruments, after consideration of
  further netting potential</font></b></p>
  </td>
 <td width=2% style="border:none;border-bottom:solid #74726F 1.5pt;height:15.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:15.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;18.2&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:15.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:15.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;18.5&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:15.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:15.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=38% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=2% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td valign=bottom width=38% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">As of 31.12.20, USD billion</font></i></p>
  </td>
 <td valign=bottom width=2% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Derivative financial instruments</font></b></p>
  </td>
 <td width=2% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Interest rate contracts</font></p>
  </td>
 <td width=2% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;50.9&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;928&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;43.9&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;880&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11,292&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Credit derivative contracts</font></p>
  </td>
 <td width=2% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2.4&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;58&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2.9&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;65&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Foreign exchange contracts</font></p>
  </td>
 <td width=2% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;68.7&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,951&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;70.5&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,820&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Equity / index contracts</font></p>
  </td>
 <td width=2% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;34.8&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;450&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;41.2&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;581&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;91&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Commodity contracts</font></p>
  </td>
 <td width=2% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2.2&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;58&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2.0&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;50&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Loan commitments measured at FVTPL (OTC)</font></p>
  </td>
 <td width=2% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.0&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Unsettled purchases of non-derivative financial instruments<sup>3</sup></font></p>
  </td>
 <td width=2% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.3&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;18&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.2&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=38% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Unsettled sales of non-derivative financial instruments<sup>3</sup></font></p>
  </td>
 <td width=2% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 6.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.2&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;17&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.3&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=38% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total derivative financial instruments, based on IFRS netting<sup>4</sup></font></b></p>
  </td>
 <td width=2% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;159.6&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,479&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;161.1&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,430&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11,394&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Further netting potential not recognized on the balance sheet<sup>5</sup></font></p>
  </td>
 <td width=2% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(144.4)&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(141.2)&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: netting of recognized financial liabilities / assets</font></i></p>
  </td>
 <td width=2% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(117.2)&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(117.2)&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=38% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: netting with collateral received / pledged</font></i></p>
  </td>
 <td width=2% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(27.2)&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(23.9)&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:16.5pt;">
  <td width=38% style="border:none;border-bottom:solid #74726F 1.5pt;height:16.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total derivative financial instruments, after consideration of
  further netting potential</font></b></p>
  </td>
 <td width=2% style="border:none;border-bottom:solid #74726F 1.5pt;height:16.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:16.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15.2&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:16.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:16.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;19.9&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:16.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:16.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:86.25pt;">
  <td colspan=7 valign=top width=100% style="height:86.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 In cases where
  derivative financial instruments are presented on a net basis on the balance
  sheet, the respective notional values of the netted derivative financial
  instruments are still presented on a gross basis. Notional amounts of
  exchange-traded agency transactions and OTC-cleared transactions entered into
  on behalf of clients are not disclosed as they have a significantly different
  risk profile.&#160;&#160;&#160; 2 Other notional values relate to derivatives that are
  cleared through either a central counterparty or an exchange. The fair value
  of these derivatives is presented on the balance sheet net of the
  corresponding cash margin under Cash collateral receivables on derivative
  instruments and Cash collateral payables on derivative instruments and was
  not material for all periods presented.&#160;&#160;&#160; 3 Changes in the fair value of
  purchased and sold non-derivative financial instruments between trade date
  and settlement date are recognized as derivative financial instruments.&#160;&#160;&#160; 4
  Financial assets and liabilities are presented net on the balance sheet if UBS
  has the unconditional and legally enforceable right to offset the recognized
  amounts, both in the normal course of business and in the event of default,
  bankruptcy or insolvency of UBS or its counterparties, and intends either to
  settle on a net basis or to realize the asset and settle the liability
  simultaneously.&#160;&#160;&#160; 5 Reflects the netting potential in accordance with
  enforceable master netting and similar arrangements where not all criteria
  for a net presentation on the balance sheet have been met. Refer to &#8220;Note 22
  Offsetting financial assets and financial liabilities&#8221; in the &#8220;Consolidated
  financial statements&#8221; section of the Annual Report 2020 for more information.</font></p>
  </td>
 </tr>
</table></div>



<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;padding:0mm;"><a name="XBRL_TS_708b0a7c3f2e4701b0ed97b9c"></a><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">b) Cash
collateral on derivative instruments<a name="XBRL_TS_708b0a7c3f2e4701b0ed97b9c_bclEnd"></a></font></b></p>

</div>


<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:16.5pt;">
  <td valign=bottom width=64% style="border:none;border-bottom:solid #74726F 1.0pt;height:16.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD billion</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:16.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:16.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Receivables</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:16.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Payables</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:16.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:16.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Receivables</font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:16.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Payables</font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=64% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Cash collateral on derivative instruments, based on IFRS netting<sup>1</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;35.0&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;36.6&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;32.7&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;37.3&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=64% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Further netting potential not recognized on the balance sheet<sup>2</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(21.1)&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(20.7)&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(21.1)&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(21.6)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=64% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 11.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: netting of recognized financial liabilities / assets</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(18.2)&nbsp;</font></i></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(18.3)&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(19.6)&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(19.6)&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=64% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 11.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: netting with collateral received / pledged</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2.9)&nbsp;</font></i></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2.3)&nbsp;</font></i></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1.5)&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2.1)&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=64% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Cash collateral on derivative instruments, after consideration
  of further netting potential</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14.0&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15.9&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11.6&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15.7&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=7 valign=top width=100% style="border:none;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 Financial assets
  and liabilities are presented net on the balance sheet if UBS has the
  unconditional and legally enforceable right to offset the recognized amounts,
  both in the normal course of business and in the event of default, bankruptcy
  or insolvency of UBS or its counterparties, and intends either to settle on a
  net basis or to realize the asset and settle the liability simultaneously.&#160;&#160;&#160;
  2 Reflects the netting potential in accordance with enforceable master
  netting and similar arrangements where not all criteria for a net
  presentation on the balance sheet have been met. Refer to &#8220;Note 22 Offsetting
  financial assets and financial liabilities&#8221; in the &#8220;Consolidated financial
  statements&#8221; section of the Annual Report 2020 for more information.</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#160;&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><a name="Other_Assets"></a><a name="RG_MARKER_137761"></a><a name="RG_MARKER_137603"></a><a name="RG_MARKER_137603_bclEnd"></a><a name="RG_MARKER_137761_bclEnd"></a></p>
<DIV bclFooter>

 <p align=right style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:right;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">79</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_84"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">Notes to the UBS Group AG interim consolidated
 financial statements (unaudited)</font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:3.0pt;"></font></p>

<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><a name="XBRL_TS_c6daad4634234ec49149aba0b"></a><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Note</font></b><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;"> <a name="Other_Assets_bclEnd"></a>10&#160; </font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Other assets
and liabilities<a name="XBRL_TS_c6daad4634234ec49149aba0b_bclEnd"></a></font></b></p>

</div>











<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:2.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><a name="XBRL_TS_3605143f32aa4743a32571c2a"></a><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">a) Other
financial assets measured at amortized cost<a name="XBRL_TS_3605143f32aa4743a32571c2a_bclEnd"></a></font></b></p>

</div>


<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:9.75pt;">
  <td width=77% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Debt securities</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;18,533&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;18,801&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: government bills / bonds </font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9,664&nbsp;</font></i></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9,789&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Loans to financial advisors</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,473&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,569&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Fee- and commission-related receivables</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,073&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,014&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Finance lease receivables</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,344&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,447&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Settlement and clearing accounts </font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;567&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;614&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Accrued interest income</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;521&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;591&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=77% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,260&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,158&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=77% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total other financial assets measured at amortized cost</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;26,770&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;27,194&nbsp;</font></p>
  </td>
 </tr>
</table></div>



<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:6.0pt;margin-left:0mm;margin-right:0mm;margin-top:6.0pt;padding:0mm;"><a name="XBRL_TS_ef3916c3fb1f4ca2b6515d92c"></a><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">b) Other
non-financial assets<a name="XBRL_TS_ef3916c3fb1f4ca2b6515d92c_bclEnd"></a></font></b></p>

</div>


<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:9.75pt;">
  <td width=76% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=76% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Precious metals and other physical commodities </font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,709&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,264&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=76% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Bail deposit<sup>1</sup></font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,364&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,418&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=76% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Prepaid expenses</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,065&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,081&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=76% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">VAT and other tax receivables</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;363&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;433&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=76% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Properties and other non-current assets held for sale</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;248&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;246&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=76% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other&#160; </font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;375&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;326&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=76% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total other non-financial assets</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9,125&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9,768&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td colspan=3 valign=top width=100% style="border:none;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 Refer to item 1
  in Note 14b for more information. </font></p>
  </td>
 </tr>
</table></div>



<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:6.0pt;margin-left:0mm;margin-right:0mm;margin-top:6.0pt;padding:0mm;"><a name="XBRL_TS_1f540f0563564870a28453e5f"></a><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">c) Other
financial liabilities measured at amortized cost<a name="XBRL_TS_1f540f0563564870a28453e5f_bclEnd"></a></font></b></p>

</div>


<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:9.75pt;">
  <td width=76% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=76% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other accrued expenses</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,756&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,696&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=76% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Accrued interest expenses</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;932&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,355&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=76% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Settlement and clearing accounts</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,288&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,199&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=76% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Lease liabilities</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,767&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,927&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=76% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,513&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,553&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=76% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total other financial liabilities measured at amortized cost</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9,257&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9,729&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=3 valign=top width=100% style="border:none;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>



<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:6.0pt;margin-left:0mm;margin-right:0mm;margin-top:6.0pt;padding:0mm;"><a name="XBRL_TS_8f4ae6d738a2479e80c717bc9"></a><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">d) Other
financial liabilities designated at fair value<a name="XBRL_TS_8f4ae6d738a2479e80c717bc9_bclEnd"></a></font></b></p>

</div>


<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Financial liabilities related to unit-linked investment
  contracts</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;21,357&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;20,975&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Securities financing transactions</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,651&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7,317&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Over-the-counter debt instruments</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,787&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,060&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=77% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;61&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;35&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total other financial liabilities designated at fair value</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;28,855&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;30,387&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=77% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: life-to-date own credit (gain) / loss</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(23)&nbsp;</font></i></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(36)&nbsp;</font></i></p>
  </td>
 </tr>
</table></div>



<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:6.0pt;margin-left:0mm;margin-right:0mm;margin-top:6.0pt;padding:0mm;"><a name="XBRL_TS_4bb357ce546f4973a2097f40f"></a><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">e) Other
non-financial liabilities<a name="XBRL_TS_4bb357ce546f4973a2097f40f_bclEnd"></a></font></b></p>

</div>


<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:9.75pt;">
  <td width=77% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Compensation-related liabilities</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,938&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7,468&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Deferred Contingent Capital Plan</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,420&nbsp;</font></i></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,858&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: financial advisor compensation plans</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,203&nbsp;</font></i></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,500&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: other compensation plans</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,125&nbsp;</font></i></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,740&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: net defined benefit liability</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;654&nbsp;</font></i></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;722&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: other compensation-related liabilities<sup>1</sup></font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;536&nbsp;</font></i></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;648&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Deferred tax liabilities</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;329&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;564&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Current tax liabilities</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,122&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,009&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">VAT and other tax payables</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;667&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;523&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=77% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Deferred income</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;225&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;228&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=77% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;111&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;61&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=77% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total other non-financial liabilities </font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7,391&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9,854&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=3 valign=top width=100% style="border:none;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1&nbsp;Includes
  liabilities for payroll taxes and untaken vacation.</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:1.0pt;">&#160;&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><a name="Fin_liab_FV"></a><a name="RG_MARKER_137760"></a><a name="RG_MARKER_137605"></a><a name="RG_MARKER_137605_bclEnd"></a><a name="RG_MARKER_137760_bclEnd"></a></p>
<DIV bclFooter>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:justify;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">80</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_85"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font color=#006600 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

</DIV>
<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:3.0pt;"></font></p>

<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><a name="XBRL_TS_5bbba626cd114cf6b275bcf86"></a><a name="Fin_liab_FV_bclEnd"></a><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Note</font></b><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;"> 11&#160; </font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Debt issued designated at fair value<a name="XBRL_TS_5bbba626cd114cf6b275bcf86_bclEnd"></a></font></b></p>

</div>











<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:11.25pt;">
  <td width=76% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=76% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Issued debt instruments</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=76% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Equity-linked<sup>1</sup></font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;44,615&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;41,069&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=76% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Rates-linked</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12,668&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11,038&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=76% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Credit-linked</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,804&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,933&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=76% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Fixed-rate</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,343&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,604&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=76% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Commodity-linked</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,564&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,497&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=76% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,540&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,101&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=76% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: debt that contributes to total loss-absorbing capacity</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,676&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,190&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=76% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total debt issued designated at fair value</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;66,535&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;61,243&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=76% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: life-to-date own credit (gain) / loss</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;424&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;418&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td colspan=3 valign=top width=100% style="border:none;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 Includes
  investment fund unit-linked instruments issued.&#160; </font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;text-indent:0mm;"><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:11.5pt;">&#160;&nbsp;</font></b></p>

<p style="margin:0mm;text-align:justify;"><a name="Debt_amort_cost"></a><a name="RG_MARKER_137759"></a><a name="RG_MARKER_137604"></a><a name="RG_MARKER_137604_bclEnd"></a><a name="RG_MARKER_137759_bclEnd"></a><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:3.0pt;">&nbsp;</font></b></p>

<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><a name="XBRL_TS_d8218eca4edb4d669a5072e5a"></a><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Note</font></b><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;"> <a name="Debt_amort_cost_bclEnd"></a>12&#160; </font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Debt
issued measured at amortized cost<a name="XBRL_TS_d8218eca4edb4d669a5072e5a_bclEnd"></a></font></b></p>

</div>











<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:11.25pt;">
  <td width=76% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=76% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Certificates of deposit</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;14,723&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15,680&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=76% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Commercial paper</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;26,591&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;25,472&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=76% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other short-term debt</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,080&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,515&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=76% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Short-term debt<sup>1</sup></font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;47,394&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;46,666&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=76% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Senior unsecured debt that contributes to total loss-absorbing
  capacity (TLAC)</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;37,453&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;36,611&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=76% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Senior unsecured debt other than TLAC</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;28,990&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;21,340&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=76% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Covered bonds</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,606&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,796&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=76% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Subordinated debt</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;19,327&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;22,157&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=76% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: high-trigger loss-absorbing additional tier 1 capital
  instruments</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11,573&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11,837&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=76% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: low-trigger loss-absorbing additional tier 1 capital
  instruments</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,501&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,577&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=76% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: low-trigger loss-absorbing tier 2 capital instruments</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,709&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;7,201&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=76% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: non-Basel III-compliant tier 2 capital instruments</font></i></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;544&nbsp;</font></i></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;543&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=76% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Debt issued through the Swiss central mortgage institutions</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,911&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9,660&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=76% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other long-term debt</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=76% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Long-term debt<sup>2</sup></font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;97,288&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;92,566&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=76% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total debt issued measured at amortized cost<sup>3</sup></font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;144,682&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;139,232&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:16.5pt;">
  <td colspan=3 valign=top width=100% style="border:none;height:16.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 Debt with an
  original contractual maturity of less than one year.&#160;&#160;&#160; 2 Debt with an
  original contractual maturity greater than or equal to one year. The
  classification of debt issued into short-term and long-term does not consider
  any early redemption features.&#160;&#160;&#160; 3 Net of bifurcated embedded derivatives,
  the fair value of which was not material for the periods presented.</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#160;&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><a name=IBOR></a><a name="RG_MARKER_139759"></a><a name="RG_MARKER_139758"></a><a name="RG_MARKER_139758_bclEnd"></a><a name="RG_MARKER_139759_bclEnd"></a></p>
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 <p align=right style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:right;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">81</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
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 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">Notes to the UBS Group AG interim consolidated
 financial statements (unaudited)</font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:3.0pt;"></font></p>

<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><a name="XBRL_TS_ed8824c271b54255bf9a2ef1d"></a><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Note </font></b><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">13&nbsp;</font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#160;
<a name="XBRL_TS_ed8824c271b54255bf9a2ef1d_bclEnd"></a>Interest rate benchmark
reform</font></b></p>

</div>


<p style="margin:0mm;text-align:justify;"><a name="XBRL_TS_5d55c2d57edd41baba1987ca6"></a><a name="IBOR_bclEnd"></a></p>








<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="XBRL_TS_5d55c2d57edd41baba1987ca6_bclEnd"></a><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Background </font></p>

<p style="margin:0mm;text-align:justify;"><a name="_Hlk69590971"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">A market-wide reform of major
interest rate benchmarks is being undertaken globally, including the
replacement of some interbank offered rates (IBORs) with alternative reference
rates (ARRs). In March 2021, the Financial Conduct Authority (the FCA)
announced that the publication of London Interbank Offered Rates (LIBORs) will
cease for all non-US dollar LIBORs, as well as for one-week and two-month USD
LIBOR, after 31&nbsp;December 2021. Publication of the remaining USD LIBOR
tenors will cease immediately after 30&nbsp;June 2023. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">UBS holds a number of financial instrument contracts with significant
exposure to IBORs. The majority of UBS&#8217;s IBOR exposure is to CHF LIBOR and USD
LIBOR. The ARR for CHF LIBOR is the Swiss Average Rate Overnight (SARON), which
was established in 2017. The ARR for USD LIBOR is the Secured Overnight
Financing Rate (SOFR); in addition, there are recommended ARRs for GBP LIBOR,
JPY LIBOR and EUR LIBOR.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">As of 31&nbsp;March 2021, transition uncertainty with respect to
significant interest rate benchmarks remains, with the exception of the Euro
Interbank Offered Rate (Euribor). The reform of Euribor is now complete and
consisted of a change in the underlying calculation method. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The transition to ARRs has started and includes a number of
active steps that will also benefit from the support of associated regulatory
activities. There may be some contracts, known as &#8220;tough legacy contracts,&#8221;
that cannot be practically transitioned or amended from IBORs to ARRs. The FCA
will hold consultations in the second quarter of 2021 on requiring the ICE
Benchmark Administration to continue publishing certain LIBOR settings (i.e.,
one-, three- and six-month settings for the GBP, JPY and USD LIBORs) on a &#8220;synthetic&#8221;
basis, which are not representative of the underlying financial markets, for a
certain duration after 31 December 2021. However, these synthetic LIBORs will not
be available for use in new contracts, given that they are non-representative, and
are instead intended to help reduce disruption where resolution has not been
agreed for certain tough legacy contracts. Furthermore, in February 2021, the
EU Benchmarks Regulation was amended to enable the European Commission to
designate a statutory replacement rate for tough legacy LIBOR contracts that
are governed under the laws of EU Member States and outstanding after LIBOR
cessation. On 6&nbsp;April 2021, New York State LIBOR legislation was enacted
with the intention of minimizing legal uncertainty and adverse economic effects
associated with USD LIBOR transition for tough legacy contracts governed under
New York law. For USD LIBOR contracts not governed by New York law, a US
Federal bill was put before the House Financial Services Committee in a hearing
on 15 April 2021, with industry bodies and regulators currently reviewing and
providing feedback.</font></p>

<font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font><p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">In October 2020, the International Swaps and Derivatives
Association (ISDA) released the IBOR Fallbacks Supplement and IBOR Fallbacks
Protocol, amending ISDA standard definitions for interest-rate derivatives to
incorporate fallbacks for derivatives linked to certain IBORs. The changes came
into effect on 25&nbsp;January 2021 and, from that date, all newly cleared and
non-cleared derivatives between adhering parties that reference ISDA standard
definitions now include these fallbacks. UBS adhered to the protocol in
November 2020.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">UBS is focused on transitioning existing contracts via bi-lateral
and multi-lateral agreements, leveraging industry solutions (e.g., the use of
fallback provisions) and through third-party actions (clearing houses, agents,
etc.). It is possible that, in certain cases, there will be no realistic possibility
to transition all contracts to ARRs. UBS continues to communicate with
counterparties to effect the change from IBORs.</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Governance over the transition to alternative benchmark
rates</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">UBS has established a global cross-divisional,
cross-functional governance structure and change program to address the scale
and complexity of the transition. This global program is sponsored by the Group
CFO and led by senior representatives from the business divisions and UBS&#8217;s control
and support functions. The program includes governance and execution structures
within each business division, together with cross-divisional teams from each
control and support function. The progress of these teams is overseen centrally
via a monthly operating committee and a monthly steering committee, as well as
quarterly updates to the joint Audit and Risk committees.</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Risks</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">A core part of UBS&#8217;s change program is the
identification, management and monitoring of the risks associated with IBOR
reform and transition. These risks include, but are not limited to, the
following:</font></p>

<p style="margin-bottom:0mm;margin-left:11.35pt;margin-right:0mm;margin-top:0mm;text-align:justify;text-indent:-11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#8211;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;line-height:11.5pt;">&nbsp;&nbsp;
&nbsp;</font><font dir=LTR>&nbsp;</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">economic risks to UBS and its clients, through the
repricing of existing contracts, reduced transparency and / or liquidity of
pricing information, market uncertainty or disruption;</font></p>

<p style="margin-bottom:0mm;margin-left:11.35pt;margin-right:0mm;margin-top:0mm;text-align:justify;text-indent:-11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#8211;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;line-height:11.5pt;">&nbsp;&nbsp;
&nbsp;</font><font dir=LTR>&nbsp;</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">accounting risks, where the transition impacts the
accounting treatment, including hedge accounting and consequential income
statement volatility;</font></p>

<p style="margin-bottom:0mm;margin-left:11.35pt;margin-right:0mm;margin-top:0mm;text-align:justify;text-indent:-11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#8211;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;line-height:11.5pt;">&nbsp;&nbsp;
&nbsp;</font><font dir=LTR>&nbsp;</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">valuation risks arising from the variation between benchmarks
that will cease and ARRs, affecting the risk profile of financial instruments;</font></p>

<p style="margin-bottom:0mm;margin-left:11.35pt;margin-right:0mm;margin-top:0mm;text-align:justify;text-indent:-11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#8211;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;line-height:11.5pt;">&nbsp;&nbsp;
&nbsp;</font><font dir=LTR>&nbsp;</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">operational risks arising from changes to UBS&#8217;s
front-to-back processes and systems to accommodate the transition, as well as
the revision of operational controls related to the reform; and</font></p>

<p style="margin-bottom:0mm;margin-left:11.35pt;margin-right:0mm;margin-top:0mm;text-align:justify;text-indent:-11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#8211;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;line-height:11.5pt;">&nbsp;&nbsp;
&nbsp;</font><font dir=LTR>&nbsp;</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">legal and conduct risks relating to UBS&#8217;s
engagement with clients and market counterparties around new benchmark products
and amendments required for existing contracts referencing benchmarks that will
cease.</font></p>




<p style="margin:0mm;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;">&nbsp;</font></p>









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 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:justify;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">82</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

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 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font color=#006600 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

</DIV>
<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:3.0pt;">&nbsp;</font></p>

<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Note </font></b><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">13&nbsp;</font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#160;
Interest rate benchmark reform (continued)</font></b></p>

</div>









<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:-.1pt;line-height:11.5pt;">In some cases, contracts
may contain provisions intended to provide a fallback interest rate in the
event of a brief unavailability of the relevant IBOR. These provisions may not
be effective or may produce arbitrary results in the event of a permanent
cessation of the relevant IBOR. While efforts to transition outstanding transactions
from IBORs to ARRs have made substantial progress, including through
industry-wide protocols, such as the ISDA IBOR Fallbacks Supplement and IBOR
Fallbacks Protocol, there are still substantial volumes of transactions that
require modification to effectively transition to ARRs.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">UBS remains confident that it has the transparency, oversight
and operational preparedness to progress with the IBOR transition in line with
market timelines. UBS does not expect changes to its risk management approach
and strategy as a result of interest rate benchmark reform.</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Progress made during 2020 and the first quarter of 2021</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Approaches to transition vary by product type. During
2020, UBS transitioned most of its CHF LIBOR-linked deposits to ARRs and launched
SARON-based mortgages in the Swiss market and SOFR-based mortgages in the US
market. In addition, UBS has in place detailed plans and procedures to deliver
the changes for all other IBOR exposures, predominantly during 2021. </font></p>

<font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font><p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Financial instruments yet to
transition to alternative benchmarks</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The amounts included in the table below relate to
financial instrument contracts across UBS&#8217;s business divisions where UBS has
material exposures subject to IBOR reform that have not yet transitioned to
ARRs, and that:</font></p>

<p style="margin-bottom:0mm;margin-left:11.35pt;margin-right:0mm;margin-top:0mm;text-align:justify;text-indent:-11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#8211;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;line-height:11.5pt;">&nbsp;&nbsp;
&nbsp;</font><font dir=LTR>&nbsp;</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">contractually reference an interest rate benchmark
that will transition to an alternative benchmark; and</font></p>

<p style="margin-bottom:0mm;margin-left:11.35pt;margin-right:0mm;margin-top:0mm;text-align:justify;text-indent:-11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#8211;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;line-height:11.5pt;">&nbsp;&nbsp;
&nbsp;</font><font dir=LTR>&nbsp;</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">have a contractual maturity date (including
open-ended contracts) after the agreed cessation dates. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Contracts where penalty terms reference IBORs, or where
exposure to an IBOR is not the primary purpose of the contract, have not been
included, as these contracts do not have a material impact on the transition
process. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">In line with information provided to management and external
parties monitoring UBS&#8217;s transition progress, the table below includes the
following financial metrics for instruments subject to interest rate benchmark
reform:</font></p>

<p style="margin-bottom:0mm;margin-left:11.35pt;margin-right:0mm;margin-top:0mm;text-align:justify;text-indent:-11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#8211;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;line-height:11.5pt;">&nbsp;&nbsp;
&nbsp;</font><font dir=LTR>&nbsp;</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">gross carrying value / exposure for non-derivative
financial instruments; and </font></p>

<p style="margin-bottom:0mm;margin-left:11.35pt;margin-right:0mm;margin-top:0mm;text-align:justify;text-indent:-11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#8211;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;line-height:11.5pt;">&nbsp;&nbsp;
&nbsp;</font><font dir=LTR>&nbsp;</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">total trade count for derivative financial
instruments.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The exposures included in the table below represent the
maximum IBOR exposure, with the actual IBOR exposure dependent upon client
preferences and investment decisions. Overall, the effort required to
transition is affected by multiple factors, including whether negotiations need
to take place with multiple stakeholders (as is the case for syndicated loans
or certain listed securities), market readiness &#8211; such as liquidity in ARR
equivalent products &#8211; and a client&#8217;s technical readiness to handle ARR market
conventions.&#160; </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">As significant IBOR exposures transition to ARRs during 2021,
the values and trade count disclosed are expected to reduce.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:11.25pt;">
  <td width=31% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=6 valign=bottom width=54% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=31% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=6 width=54% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">LIBOR benchmark rates<sup>1 </sup></font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=31% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=14% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Measure</font></b></p>
  </td>
 <td width=1% style="height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">CHF</font></b></p>
  </td>
 <td width=9% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD</font></b></p>
  </td>
 <td width=9% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">GBP</font></b></p>
  </td>
 <td width=9% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">EUR<sup>2 </sup></font></b></p>
  </td>
 <td width=9% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">JPY</font></b></p>
  </td>
 <td width=9% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">XCCY</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=31% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Carrying value of non-derivative financial instruments</font></b></p>
  </td>
 <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=31% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total non-derivative financial assets </font></p>
  </td>
 <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;36,046&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;72,185&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,399&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,253&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,060&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,469<sup>3 </sup></font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=31% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total non-derivative financial liabilities </font></p>
  </td>
 <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,612&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13,142&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,429&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,252&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,460&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:4.5pt;">
  <td width=31% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=31% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Trade count of derivative financial instruments</font></b></p>
  </td>
 <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=31% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total derivative financial instruments</font></p>
  </td>
 <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Trade count</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9,749&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;40,080&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13,006&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9,613&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,961&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5,206<sup>4 </sup></font></b></p>
  </td>
 </tr>
<tr style="height:4.5pt;">
  <td width=31% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=14% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;height:4.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=31% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Off-balance sheet exposures</font></b></p>
  </td>
 <td width=14% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=31% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total irrevocable loan commitments</font></p>
  </td>
 <td width=14% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;106&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,656&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;167&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15,188<sup>5 </sup></font></b></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=9 valign=top width=100% style="border:none;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 Contracts have
  been disclosed without regard to early termination rights. Instead, it is
  assumed that such contracts will transition away from IBORs without such
  rights being exercised.&#160;&#160;&#160; 2 Includes primarily EUR LIBOR positions.&#160;&#160;&#160; 3
  Includes loans related to revolving multi-currency credit lines.&#160;&#160;&#160; 4
  Includes cross-currency swaps where either leg or both legs are indexed to an
  IBOR.&#160;&#160;&#160; 5 Includes loan commitments that can be drawn in different
  currencies at the client&#8216;s discretion.</font></p>
  </td>
 </tr>
</table></div>






<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:10.0pt;line-height:3.0pt;">&nbsp;</font></p>









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 <p align=right style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:right;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">83</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

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</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_88"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

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 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">Notes to the UBS Group AG interim consolidated
 financial statements (unaudited)</font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:3.0pt;">&nbsp;</font></p>

<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Note </font></b><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">13&nbsp;</font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#160;
Interest rate benchmark reform (continued)</font></b></p>

</div>









<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="_Hlk69320370"></a><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Non-derivative
instruments</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">UBS&#8217;s significant non-derivative IBOR exposures
primarily relate to brokerage receivable and payable balances, corporate and private
loans, and mortgages, linked to CHF and USD LIBORs.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">In March 2021, following the FCA announcement regarding the
cessation timelines for IBORs, UBS started a centralized communication
initiative for private mortgages linked to CHF LIBOR with the objective of
transitioning these exposures either through the activation of existing
fallbacks or the amendment of contractual terms, where such fallbacks do not
exist. US mortgages linked to USD LIBOR are planned to transition to SOFR in
2022&#8211;2023, with US securities-based lending agreements expected to switch to
SOFR from the fourth quarter of 2021.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">UBS is also proactively discussing transition mechanisms with
many of its brokerage and corporate borrowers in order to transition their
exposures throughout 2021 from CHF LIBOR, EUR LIBOR and GBP LIBOR.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">For certain non-derivative financial assets and financial
liabilities, in particular bonds issued by third parties, UBS is dependent on
the participation and engagement of others in effecting the transition from
IBORs. UBS is actively monitoring such exposures and is in discussions with
clients.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">As presented in the table on the previous page, UBS has approximately
USD&nbsp;15 billion of irrevocable commitments that can be drawn down in different
currencies with IBOR-based interest rates, primarily USD LIBOR and Euribor, and
that expire after the relevant benchmark cessation dates. Related drawn-down
amounts under these commitments are USD&nbsp;4 billion. In <br clear=all>
addition, UBS has approximately USD&nbsp;16 billion of committed revocable
credit lines outstanding that allow for clients to draw down a number of
IBOR-linked products. UBS has commenced discussions with impacted clients, with
plans in place to have all contracts amended by the relevant cessation dates.</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Derivative instruments </font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">UBS holds derivatives for trading and hedging
purposes, including those designated in hedge accounting relationships. A
significant number of interest rate and cross-currency swaps have floating legs
that reference various benchmarks that will cease.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The majority of derivatives are transacted with clearing
houses where UBS is dependent upon industry-wide compression activities to
reduce exposure and clearing house actions to convert any remaining derivatives
nearer the cessation dates.&#160; </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">For derivatives not transacted with clearing houses, as previously
noted, UBS adhered to the ISDA IBOR Fallback protocol in November 2020,
although its preferred approach, in line with regulatory expectations, is to
actively switch to ARRs before the relevant cessation dates. UBS has begun a
series of outreach activities to understand counterparties&#8217; intentions
regarding whether they seek to adhere to the protocol or will actively switch.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">In order to minimize the operational risk of converting high
volumes of transactions at the time of cessation, UBS has also begun
preparations to convert derivative instruments in bulk to ARR equivalents at
cessation dates. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>








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<p style="margin:0mm;text-align:justify;"><a name="Prov_Contingent_Liab_Group_AG_EN"></a><a name="RG_MARKER_138726"></a><a name="RG_MARKER_137608"></a><a name="RG_MARKER_137608_bclEnd"></a><a name="RG_MARKER_138726_bclEnd"></a></p>
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 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:justify;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">84</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_89"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font color=#006600 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

</DIV>
<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=FR-CH style="font-size:9.0pt;line-height:2.0pt;"></font></p>

<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><a name="XBRL_TS_c323edcc9e10440281e637c43"></a><a name="XBRL_TS_647d4c1c2c1e4e8f8ae7250cf"></a><a name="Prov_Contingent_Liab_Group_AG_EN_bclEnd"></a><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">Note 14&#160; <a name="XBRL_TS_647d4c1c2c1e4e8f8ae7250cf_bclEnd"></a><a name="XBRL_TS_c323edcc9e10440281e637c43_bclEnd"></a></font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">Provisions
and contingent liabilities</font></b></p>

</div>











<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:8.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><a name="XBRL_TS_9a6c2adf71cb476f8f63c8e87"></a><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">a) <a name=Provisions></a>Provisions<a name="Provisions_bclEnd"></a><a name="XBRL_TS_9a6c2adf71cb476f8f63c8e87_bclEnd"></a></font></b></p>

</div>


<p style="margin:0mm;margin-bottom:2.0pt;text-align:justify;"><a name="XBRL_TS_2c24438b85b34a50a8b079499"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The table below presents an overview
of total provisions.<a name="XBRL_TS_2c24438b85b34a50a8b079499_bclEnd"></a></font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:8.25pt;">
  <td width=75% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=75% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Provisions other than provisions for expected credit losses</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,481&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,571&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=75% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Provisions for expected credit losses</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;245&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;257&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=75% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total provisions</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,726&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,828&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:7.5pt;">
  <td colspan=4 valign=top width=100% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;margin-bottom:2.0pt;text-align:justify;"><a name="XBRL_TS_d460ef1b1a894727aade18245"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The following table presents
additional information for provisions other than provisions for expected credit
losses.<a name="XBRL_TS_d460ef1b1a894727aade18245_bclEnd"></a></font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:24.75pt;">
  <td valign=bottom width=55% style="border:none;border-bottom:solid #74726F 1.0pt;height:24.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td valign=bottom width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:24.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Litigation, regulatory and similar matters<sup>1</sup></font></b></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:24.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Restructuring<sup>2</sup></font></b></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:24.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other<sup>3</sup></font></b></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:24.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total</font></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=55% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Balance as of 31 December 2020</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,135&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;72&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;363&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,571&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=55% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Increase in provisions recognized in the income statement</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;18&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;24&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=55% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Release of provisions recognized in the income statement</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(9)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(3)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(11)&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:7.5pt;">
  <td width=55% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Provisions used in conformity with designated purpose</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(34)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(10)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(18)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(62)&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:7.5pt;">
  <td width=55% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Capitalized reinstatement costs</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:7.5pt;">
  <td width=55% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Reclassifications</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:7.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=55% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Foreign currency translation / unwind of discount</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(38)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(16)&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(54)&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=55% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Balance as of 31 March 2021</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,072&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;61&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;348&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,481&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:20.25pt;">
  <td colspan=5 valign=top width=100% style="border:none;height:20.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 Comprises
  provisions for losses resulting from legal, liability and compliance
  risks.&#160;&#160;&#160; 2 Includes provisions for onerous contracts of USD&nbsp;44 million
  as of 31&nbsp;March&nbsp;2021 (31&nbsp;December&nbsp;2020: USD&nbsp;49
  million) and personnel-related restructuring provisions of USD&nbsp;12
  million as of 31&nbsp;March&nbsp;2021 (31&nbsp;December&nbsp;2020:
  USD&nbsp;18 million).&#160;&#160;&#160; 3&nbsp;Mainly includes provisions related to real
  estate, employee benefits and operational risks.</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>








<p style="margin:0mm;text-align:justify;"><a name="XBRL_TS_e5b58efcebeb46dea39409dfc"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Restructuring
provisions primarily relate to onerous contracts and personnel-related
provisions. <a name="XBRL_CS_30a3afc50ea64ab9a0bd76324"></a>Onerous contracts
for property are recognized when UBS is committed to pay for non-lease
components, such as utilities, service charges, taxes and maintenance, when a
property is vacated or not fully recovered from sub-tenants. Personnel-related
restructuring provisions are used within a short time period but potential
changes in amount may be triggered when natural staff attrition reduces the
number of people affected by a restructuring event and therefore the estimated
costs.<a name="XBRL_CS_30a3afc50ea64ab9a0bd76324_bclEnd"></a> </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Information about provisions and contingent liabilities in
respect of litigation, regulatory and similar matters, as a class, is included
in Note 14b. There are no material contingent liabilities associated with the
other classes of provisions.</font></p>








<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;padding:0mm;"><a name="XBRL_TS_e5b58efcebeb46dea39409dfc_bclEnd"></a><a name="XBRL_TS_722279df4dac4a8a844e3fb3d"></a><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></b></p>

<p style="border:none;margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;padding:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">b) Litigation, regulatory and similar matters<a name="XBRL_TS_722279df4dac4a8a844e3fb3d_bclEnd"></a></font></b></p>

</div>









<p style="margin:0mm;text-align:justify;"><a name="XBRL_TS_398d586a7ead47aeacc7a7132"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The Group
operates in a legal and regulatory environment that exposes it to significant
litigation and similar risks arising from disputes and regulatory proceedings.
As a result, UBS (which for purposes of this Note may refer to UBS Group AG
and/or one or more of its subsidiaries, as applicable) is involved in various
disputes and legal proceedings, including litigation, arbitration, and
regulatory and criminal investigations.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><a name="XBRL_CS_c3ab545190c04fe684b4f38dd"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Such matters are
subject to many uncertainties, and the outcome and the timing of resolution are
often difficult to predict, particularly in the earlier stages of a case. There
are also situations where the Group may enter into a settlement agreement. This
may occur in order to avoid the expense, management distraction or reputational
implications of continuing to contest liability, even for those matters for
which the Group believes it should be exonerated. The uncertainties inherent in
all such matters affect the amount and timing of any potential outflows for
both matters with respect to which provisions have been established and other
contingent liabilities. The Group makes provisions for such matters brought
against it when, in the opinion of management after seeking legal advice, it is
more likely than not that the Group has a present legal or constructive
obligation as a result of past events, it is probable that an outflow of resources
will be required, and the amount can be reliably estimated. Where these factors
are otherwise satisfied, a provision may be established for claims that have
not yet been asserted against the Group, but are nevertheless expected to be,
based on the Group&#8217;s experience with similar asserted claims. If any of those
conditions is not met, such matters result in contingent liabilities. If the
amount of an obligation cannot be reliably estimated, a liability exists that
is not recognized even if an outflow of resources is probable. Accordingly, no
provision is established even if the potential outflow of resources with
respect to such matters could be significant. Developments relating to a matter
that occur after the relevant reporting period, but prior to the issuance of
financial statements, which affect management&#8217;s assessment of the provision for
such matter (because, for example, the developments provide evidence of
conditions that existed at the end of the reporting period), are adjusting
events after the reporting period under IAS 10 and must be recognized in the
financial statements for the reporting period.<a name="XBRL_CS_c3ab545190c04fe684b4f38dd_bclEnd"></a></font></p>




<p style="margin:0mm;text-align:justify;"><a name="XBRL_TS_398d586a7ead47aeacc7a7132_bclEnd"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>









<DIV bclFooter>

 <p align=right style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:right;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">85</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_90"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">Notes to the UBS Group AG interim consolidated
 financial statements (unaudited)</font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:2.0pt;">&nbsp;</font></p>

<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">Note 14&#160; </font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">Provisions and contingent
liabilities (continued)</font></b></p>

</div>









<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><a name="XBRL_TS_57c645303b104572a1c41989d"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Specific
litigation, regulatory and other matters are described below, including all
such matters that management considers to be material and others that
management believes to be of significance due to potential financial,
reputational and other effects. The amount of damages claimed, the size of a
transaction or other information is provided where available and appropriate in
order to assist users in considering the magnitude of potential exposures.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><a name="XBRL_CS_153938d45796445ba6bde2916"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">In the case of
certain matters below, we state that we have established a provision, and for
the other matters, we make no such statement. When we make this statement and
we expect disclosure of the amount of a provision to prejudice seriously our
position with other parties in the matter because it would reveal what UBS
believes to be the probable and reliably estimable outflow, we do not disclose
that amount. In some cases we are subject to confidentiality obligations that
preclude such disclosure. With respect to the matters for which we do not state
whether we have established a provision, either: (a) we have not established a
provision, in which case the matter is treated as a contingent liability under
the applicable accounting standard; or (b) we have established a provision but
expect disclosure of that fact to prejudice seriously our position with other
parties in the matter because it would reveal the fact that UBS believes an
outflow of resources to be probable and reliably estimable.<a name="XBRL_CS_153938d45796445ba6bde2916_bclEnd"></a></font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">With respect to certain litigation, regulatory and similar
matters for which we have established provisions, we are able to estimate the
expected timing of outflows. However, the aggregate amount of the expected
outflows for those matters for which we are able to estimate expected timing is
immaterial relative to our current and expected levels of liquidity over the
relevant time periods.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The aggregate amount provisioned for litigation, regulatory
and similar matters as a class is disclosed in the &#8220;Provisions&#8221; table in Note
14a above. <a name="XBRL_CS_59aa118cbd6c4cfa83b751694"></a>It is not practicable to
provide an aggregate estimate of liability for our litigation, regulatory and
similar matters as a class of contingent liabilities. Doing so would require
UBS to provide speculative legal assessments as to claims and proceedings that
involve unique fact patterns or novel legal theories, that have not yet been
initiated or are at early stages of adjudication, or as to which alleged
damages have not been quantified by the claimants. Although UBS therefore
cannot provide a numerical estimate of the future losses that could arise from
litigation, regulatory and similar matters, UBS believes that the aggregate
amount of possible future losses from this class that are more than remote
substantially exceeds the level of current provisions. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Litigation, regulatory and similar matters may also result in
non-monetary penalties and consequences. For example, the non-prosecution
agreement UBS entered into with the US Department of Justice (DOJ), Criminal
Division, Fraud Section in connection with submissions of benchmark interest
rates, including, among others, the British Bankers&#8217; Association London
Interbank Offered Rate (LIBOR), was terminated by the DOJ based on its
determination that UBS had committed a US crime in relation to foreign exchange
matters. As a consequence, UBS AG pleaded guilty to one count of wire fraud for
conduct in the LIBOR matter, paid a fine and was subject to probation, which
ended in January 2020. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">A guilty plea to, or conviction of, a crime could have
material consequences for UBS. Resolution of regulatory proceedings may require
UBS to obtain waivers of regulatory disqualifications to maintain certain operations,
may entitle regulatory authorities to limit, suspend or terminate licenses and
regulatory authorizations, and may permit financial market utilities to limit,
suspend or terminate UBS&#8217;s participation in such utilities. Failure to obtain
such waivers, or any limitation, suspension or termination of licenses,
authorizations or participations, could have material consequences for UBS.<a name="XBRL_CS_59aa118cbd6c4cfa83b751694_bclEnd"></a></font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The risk of loss associated with litigation, regulatory and
similar matters is a component of operational risk for purposes of determining
capital requirements. Information concerning our capital requirements and the
calculation of operational risk for this purpose is included in the &#8220;Capital
management&#8221; section of this report.<a name="XBRL_TS_57c645303b104572a1c41989d_bclEnd"></a></font></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:11.25pt;">
  <td colspan=7 width=100% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Provisions for litigation, regulatory and similar matters by
  business division and in Group Functions<sup>1</sup></font></b></p>
  </td>
 </tr>
<tr style="height:36.0pt;">
  <td valign=bottom width=46% style="border:none;border-bottom:solid #74726F 1.0pt;height:36.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million</font></i></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:36.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Global Wealth</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Manage-</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">ment</font></b></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:36.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Personal &amp; Corporate Banking</font></b></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:36.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Asset</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Manage-</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">ment</font></b></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:36.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Investment Bank</font></b></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:36.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Group Functions</font></b></p>
  </td>
 <td valign=bottom width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:36.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=46% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Balance as of 31 December 2020</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;861&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;115&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;227&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;932&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,135&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=46% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Increase in provisions recognized in the income statement</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;18&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:10.5pt;">
  <td width=46% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Release of provisions recognized in the income statement</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(8)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:10.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(9)&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=46% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Provisions used in conformity with designated purpose</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(27)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(5)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(2)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(34)&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=46% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Foreign currency translation / unwind of discount</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(27)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(6)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(5)&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(38)&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=46% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Balance as of 31 March 2021</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;810&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;109&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;217&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;935&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,072&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:18.75pt;">
  <td colspan=7 valign=top width=100% style="border:none;height:18.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 Provisions, if
  any, for matters described in this Note are recorded in Global Wealth
  Management (item 3 and item 4) and Group Functions (item 2). Provisions, if
  any, for the matters described in items 1 and 6 of this Note are allocated
  between Global Wealth Management and Personal &amp; Corporate Banking, and
  provisions, if any, for the matters described in this Note in item 5 are
  allocated between the Investment Bank and Group Functions. </font></p>
  </td>
 </tr>
</table></div>






<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:5.0pt;line-height:11.5pt;">&nbsp;</font></p>


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<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:2.0pt;">&nbsp;</font></p>

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<p style="border:none;margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">Note 14&#160; </font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">Provisions and contingent
liabilities (continued)</font></b></p>

</div>









<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="XBRL_TS_34a049b60a5c48daa71335a34"></a><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">1. Inquiries regarding cross-border
wealth management businesses </font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Tax and regulatory authorities in a number of
countries have made inquiries, served requests for information or examined
employees located in their respective jurisdictions relating to the cross-border
wealth management services provided by UBS and other financial institutions. It
is possible that the implementation of automatic tax information exchange and
other measures relating to cross-border provision of financial services could
give rise to further inquiries in the future. UBS has received disclosure
orders from the Swiss Federal Tax Administration (FTA) to transfer information
based on requests for international administrative assistance in tax matters.
The requests concern a number of UBS account numbers pertaining to current and
former clients and are based on data from 2006 and 2008. UBS has taken steps to
inform affected clients about the administrative assistance proceedings and
their procedural rights, including the right to appeal. The requests are based
on data received from the German authorities, who seized certain data related
to UBS clients booked in Switzerland during their investigations and have
apparently shared this data with other European countries. UBS expects additional
countries to file similar requests.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The Swiss Federal Administrative Court ruled in 2016 that, in
the administrative assistance proceedings related to a French bulk request, UBS
has the right to appeal all final FTA client data disclosure orders. On
30&nbsp;July 2018, the Swiss Federal Administrative Court granted UBS&#8217;s appeal
by holding the French administrative assistance request inadmissible. The FTA
filed a final appeal with the Swiss Federal Supreme Court. </font><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">On
26&nbsp;July 2019, the Supreme Court reversed the decision of the Federal
Administrative Court. In December 2019, the court released its written
decision. The decision requires the FTA to obtain confirmation from the French
authorities that transmitted data will be used only for the purposes stated in
their request before transmitting any data. The stated purpose of the original
request was to obtain information relating to taxes owed by account holders.
Accordingly, any information transferred to the French authorities must not be
passed to criminal authorities or used in connection with the ongoing case
against UBS discussed in this item. In February 2020, the FTA ordered that UBS
would not be granted party status in the French administrative assistance
proceedings. UBS appealed this decision to the Federal Administrative Court. On
15 July, the Federal Administrative Court upheld the FTA&#8217;s decision, holding
that UBS will no longer have party status in these proceedings. The Swiss
Federal Supreme Court has determined that it will not hear UBS&#8217;s appeal of this
decision.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Since 2013, UBS (France) S.A., UBS AG and certain former
employees have been under investigation in France for alleged complicity in
unlawful solicitation of clients on French territory, regarding the laundering
of proceeds of tax fraud, and banking and financial solicitation by
unauthorized persons. In connection with this investigation, the investigating
judges ordered UBS AG to provide bail (&#8220;</font><i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">caution</font></i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#8221;) of EUR&nbsp;1.1
billion and UBS (France) S.A. to post bail of EUR&nbsp;40 million, which was
reduced on appeal to EUR&nbsp;10 million.</font></p>

<font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font><p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">A trial in the court of first instance took place from
8&nbsp;October 2018 until 15 November 2018. On 20&nbsp;February 2019, the court
announced a verdict finding UBS AG guilty of unlawful solicitation of clients
on French territory and aggravated laundering of the proceeds of tax fraud, and
UBS (France) S.A. guilty of aiding and abetting unlawful solicitation and
laundering the proceeds of tax fraud. The court imposed fines aggregating EUR&nbsp;3.7
billion on UBS AG and UBS (France) S.A. and awarded EUR&nbsp;800 million of
civil damages to the French state. UBS has appealed the decision. Under French
law, the judgment is suspended while the appeal is pending. The trial in the
Court of Appeal took place between 8-24 March 2021. At the conclusion of the
trial, the prosecutor asserted that the maximum penalty was EUR&nbsp;2.2
billion and requested the court to award a penalty of at least EUR&nbsp;2
billion. The French state asked for civil damages of EUR&nbsp;1 billion. The judgment
on the merits of the case is currently set for 27 September 2021. A subsequent
appeal to the Cour de Cassation, France&#8217;s highest court, is possible with
respect to questions of law. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">UBS believes that based on both the law and the facts the
judgment of the court of first instance should be reversed. UBS believes it
followed its obligations under Swiss and French law as well as the European
Savings Tax Directive. Even assuming liability, which it contests, UBS believes
the penalties and damage amounts awarded greatly exceed the amounts that could
be supported by the law and the facts. In particular, UBS believes the court
incorrectly based the penalty on the total regularized assets rather than on
any unpaid taxes on those assets for which a fraud has been characterized and
further incorrectly awarded damages based on costs that were not proven by the
civil party. Notwithstanding that UBS believes it should be acquitted, our
balance sheet at 31 March 2021 reflected provisions with respect to this matter
in an amount of EUR&nbsp;450 million (USD&nbsp;528 million at 31 March 2021).
The wide range of possible outcomes in this case contributes to a high degree
of estimation uncertainty. The provision reflected on our balance sheet at 31
March 2021 reflects our best estimate of possible financial implications,
although it is reasonably possible that actual penalties and civil damages
could exceed the provision amount.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">In 2016, UBS was notified by the Belgian investigating judge
that it is under formal investigation (&#8220;</font><i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">inculp&#233;</font></i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#8221;) regarding the
laundering of proceeds of tax fraud, of banking and financial solicitation by
unauthorized persons, and of serious tax fraud. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Our balance sheet at 31 March 2021 reflected provisions with
respect to matters described in this item 1 in an amount that UBS believes to
be appropriate under the applicable accounting standard. As in the case of
other matters for which we have established provisions, the future outflow of
resources in respect of such matters cannot be determined with certainty based
on currently available information and accordingly may ultimately prove to be
substantially greater (or may be less) than the provision that we have
recognized.<a name="XBRL_TS_34a049b60a5c48daa71335a34_bclEnd"></a></font></p>




<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:6.0pt;">&nbsp;</font></p>









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 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">Notes to the UBS Group AG interim consolidated
 financial statements (unaudited)</font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:2.0pt;">&nbsp;</font></p>

<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">Note 14&#160; </font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">Provisions and contingent
liabilities (continued)</font></b></p>

</div>









<p style="margin:0mm;"><a name="XBRL_TS_b3f73d1805444a488a513b16e"></a><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">2. Claims related to
sales of residential mortgage-backed securities and mortgages</font></p>

<p style="margin:0mm;text-align:justify;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">From
2002 through 2007, prior to the crisis in the US residential loan market, UBS
was a substantial issuer and underwriter of US residential mortgage-backed
securities (RMBS) and was a purchaser and seller of US residential mortgages. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">In&nbsp;November 2018, the DOJ filed a civil complaint in the
District Court for the Eastern District of New York. The complaint seeks
unspecified civil monetary penalties under the Financial Institutions Reform,
Recovery and Enforcement Act of 1989 related to UBS&#8217;s issuance, underwriting
and sale of 40 RMBS transactions in 2006 and 2007. UBS moved to dismiss the
civil complaint on 6&nbsp;February 2019. On 10&nbsp;December 2019, the district
court denied UBS&#8217;s motion to dismiss. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Our balance sheet at 31&nbsp;March 2021
reflected a provision with respect to matters described in
this item 2 in an amount that UBS believes to be appropriate under the
applicable accounting standard. As in the case of other matters for which we
have established provisions, the future outflow of resources in respect of this
matter cannot be determined with certainty based on currently available
information and accordingly may ultimately prove to be substantially greater
(or may be less) than the provision that we have recognized.</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">3. Madoff</font></p>

<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">In relation to the Bernard L. Madoff
Investment Securities LLC (BMIS) investment fraud, UBS AG, UBS (Luxembourg)
S.A. (now UBS Europe SE, Luxembourg branch) and certain other UBS subsidiaries
have been subject to inquiries by a number of regulators, including the Swiss
Financial Market Supervisory Authority (FINMA) and the Luxembourg Commission de
Surveillance du Secteur&nbsp;Financier. Those inquiries concerned two
third-party funds established under Luxembourg law, substantially all assets of
which were with BMIS, as well as certain funds established in offshore
jurisdictions with either direct or indirect exposure to BMIS. These funds
faced severe losses, and the Luxembourg funds are in liquidation. The
documentation establishing both funds identifies UBS entities in various roles,
including custodian, administrator, manager, distributor and promoter, and
indicates that UBS employees serve as board members.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">In 2009 and 2010, the liquidators of the two Luxembourg funds
filed claims against UBS entities, non-UBS entities and certain individuals,
including current and former UBS employees, seeking amounts totaling
approximately EUR&nbsp;2.1 billion, which includes amounts that the funds may
be held liable to pay the trustee for the liquidation of BMIS (BMIS Trustee).</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">A large number of alleged beneficiaries have filed claims
against UBS entities (and non-UBS entities) for purported losses relating to
the Madoff fraud. The majority of these cases have been filed in Luxembourg,
where decisions that the claims in eight test cases were inadmissible have been
affirmed by the Luxembourg Court of Appeal, and the Luxembourg Supreme Court
has dismissed a further appeal in one of the test cases.</font></p>

<font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font><p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">In the US, the BMIS Trustee filed claims against UBS entities,
among others, in relation to the two Luxembourg funds and one of the offshore
funds. The total amount claimed against all defendants in these actions was not
less than USD&nbsp;2 billion. In 2014, the US Supreme Court rejected the BMIS
Trustee&#8217;s motion for leave to appeal decisions dismissing all claims except
those for the recovery of approximately USD&nbsp;125 million of payments
alleged to be fraudulent conveyances and preference payments. In 2016, the
bankruptcy court dismissed these claims against the UBS entities. In February
2019, the Court of Appeals reversed the dismissal of the BMIS Trustee&#8217;s
remaining claims, and the US Supreme Court subsequently denied a petition
seeking review of the Court of Appeals&#8217; decision. The case has been remanded to
the Bankruptcy Court for further proceedings.</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">4. Puerto Rico</font></p>

<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Declines since 2013 in the market
prices of Puerto Rico municipal bonds and of closed-end funds (funds) that are
sole-managed and co-managed by UBS Trust Company of Puerto Rico and distributed
by UBS Financial Services Incorporated of Puerto Rico (UBS PR) led to multiple
regulatory inquiries, which in 2014 and 2015, led to settlements with the
Office of the Commissioner of Financial Institutions for the Commonwealth of
Puerto Rico, the US Securities and Exchange Commission (SEC) and the Financial
Industry Regulatory Authority. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Since then UBS clients in Puerto Rico who own the funds or
Puerto Rico municipal bonds and/or who used their UBS account assets as
collateral for UBS non-purpose loans filed customer complaints and arbitration
demands. Allegations include fraud, misrepresentation and unsuitability of the
funds and of the loans seeking aggregate damages of USD&nbsp;3.4 billion, of
which USD&nbsp;2.8 billion have been resolved through settlements, arbitration
or withdrawal of claims.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">A shareholder derivative action was filed in 2014 against
various UBS entities and current and certain former directors of the funds,
alleging hundreds of millions of US dollars in losses in the funds. In 2015,
defendants&#8217; motion to dismiss was denied. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">In 2011, a purported derivative action was filed on behalf of
the Employee Retirement System of the Commonwealth of Puerto Rico (System)
against over 40 defendants, including UBS PR, which was named in connection
with its underwriting and consulting services. Plaintiffs alleged that
defendants violated their purported fiduciary duties and contractual
obligations in connection with the issuance and underwriting of
USD&nbsp;3&nbsp;billion of bonds by the System in 2008 and sought damages of
over USD&nbsp;800 million. In 2016, the court granted the System&#8217;s request to
join the action as a plaintiff. In 2017, the court denied defendants&#8217; motion to
dismiss the complaint. In 2020, the court denied plaintiffs&#8217; motion for summary
judgment.<a name="XBRL_TS_b3f73d1805444a488a513b16e_bclEnd"></a></font></p>








<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>




<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>









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 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:justify;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">88</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

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 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font color=#006600 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

</DIV>
<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:2.0pt;">&nbsp;</font></p>

<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">Note 14&#160; </font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">Provisions and contingent
liabilities (continued)</font></b></p>

</div>









<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><a name="XBRL_TS_f3968c12c5434d569b7b82d71"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Beginning in 2015,
certain agencies and public corporations of the Commonwealth of Puerto Rico
(Commonwealth) defaulted on certain interest payments on Puerto Rico bonds. In
2016, US federal legislation created an oversight board with power to oversee
Puerto Rico&#8217;s finances and to restructure its debt. The oversight board has
imposed a stay on the exercise of certain creditors&#8217; rights. In 2017, the
oversight board placed certain of the bonds into a bankruptcy-like proceeding
under the supervision of a Federal District Judge. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">In May 2019, the oversight board filed complaints in Puerto
Rico federal district court bringing claims against financial, legal and
accounting firms that had participated in Puerto Rico municipal bond offerings,
including UBS, seeking a return of underwriting and swap fees paid in
connection with those offerings. UBS estimates that it received approximately
USD&nbsp;125 million in fees in the relevant offerings.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">In August 2019, and February and November 2020, four US
insurance companies that insured issues of Puerto Rico municipal bonds sued UBS
and several other underwriters of Puerto Rico municipal bonds. The actions
collectively seek recovery of an aggregate of USD&nbsp;955 million in damages
from the defendants. The plaintiffs in these cases claim that defendants failed
to reasonably investigate financial statements in the offering materials for
the insured Puerto Rico bonds issued between 2002 and 2007, which plaintiffs
argue they relied upon in agreeing to insure the bonds notwithstanding that
they had no contractual relationship with the underwriters.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Our balance sheet at 31&nbsp;March 2021 reflected provisions
with respect to matters described in this item 4 in amounts that UBS believes
to be appropriate under the applicable accounting standard. As in the case of
other matters for which we have established provisions, the future outflow of
resources in respect of such matters cannot be determined with certainty based
on currently available information and accordingly may ultimately prove to be
substantially greater (or may be less) than the provisions that we have
recognized.</font></p>

<p style="margin:0mm;margin-top:11.3pt;"><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">5.
Foreign exchange, LIBOR and benchmark rates, and other trading practices</font></p>

<p style="margin:0mm;text-align:justify;"><i><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Foreign
exchange-related regulatory matters:</font></i><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;"> Beginning in
2013, numerous authorities commenced investigations concerning possible
manipulation of foreign exchange markets and precious metals prices. As a
result of these investigations, UBS entered into resolutions with the UK
Financial Conduct Authority (FCA), the US Commodity Futures Trading Commission
(CFTC), FINMA, the Board of Governors of the Federal Reserve System (Federal
Reserve Board) and the Connecticut Department of Banking, the DOJ&#8217;s Criminal
Division and the European Commission. UBS has ongoing obligations under the
Cease and Desist Order of the Federal Reserve Board and the Office of the
Comptroller of the Currency (as successor to the Connecticut Department of
Banking), and to cooperate with relevant authorities and to undertake certain
remediation measures. UBS has also been granted conditional immunity by the
Antitrust Division of the DOJ and by authorities in other jurisdictions in
connection with potential competition law violations relating to foreign
exchange and precious metals businesses. Investigations relating to foreign
exchange matters by certain authorities remain ongoing notwithstanding these
resolutions.</font></p>

<i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font></i><p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><i><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Foreign exchange-related civil litigation:</font></i><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">
Putative class actions have been filed since 2013 in US federal courts and in
other jurisdictions against UBS and other banks on behalf of putative classes
of persons who engaged in foreign currency transactions with any of the
defendant banks. UBS has resolved US federal court class actions relating to
foreign currency transactions with the defendant banks and persons who
transacted in foreign exchange futures contracts and options on such futures
under a settlement agreement that provides for UBS to pay an aggregate of
USD&nbsp;141 million and provide cooperation to the settlement classes. Certain
class members have excluded themselves from that settlement and have filed
individual actions in US and English courts against UBS and other banks,
alleging violations of US and European competition laws and unjust enrichment.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">In 2015, a putative class action was filed in federal court
against UBS and numerous other banks on behalf of persons and businesses in the
US who directly purchased foreign currency from the defendants and alleged
co-conspirators for their own end use. In March 2017, the court granted UBS&#8217;s
(and the other banks&#8217;) motions to dismiss the complaint. The plaintiffs filed
an amended complaint in August 2017. In March 2018, the court denied the
defendants&#8217; motions to dismiss the amended complaint.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:-.05pt;line-height:11.5pt;">LIBOR and other
benchmark-related regulatory matters:</font></i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:-.05pt;line-height:11.5pt;"> Numerous government agencies, including the SEC, the CFTC, the DOJ,
the FCA, the UK Serious Fraud Office, the Monetary Authority of Singapore, the
Hong Kong Monetary Authority, FINMA, various state attorneys general in the US
and competition authorities in various jurisdictions, have conducted
investigations regarding potential improper attempts by UBS, among others, to
manipulate LIBOR and other benchmark rates at certain times. UBS reached
settlements or otherwise concluded investigations relating to benchmark
interest rates with the investigating authorities. UBS has ongoing obligations
to cooperate with the authorities with whom we have reached resolutions and to
undertake certain remediation measures with respect to benchmark interest rate
submissions. UBS has been granted conditional leniency or conditional immunity
from authorities in certain jurisdictions, including the Antitrust Division of
the DOJ and the Swiss Competition Commission (WEKO), in connection with
potential antitrust or competition law violations related to certain rates.
However, UBS has not reached a final settlement with WEKO, as the Secretariat
of WEKO has asserted that UBS does not qualify for full immunity.<a name="XBRL_TS_f3968c12c5434d569b7b82d71_bclEnd"></a></font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>









<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:1.0pt;">&nbsp;</font></p>


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 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">Notes to the UBS Group AG interim consolidated
 financial statements (unaudited)</font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:2.0pt;">&nbsp;</font></p>

<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">Note 14&#160; </font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">Provisions and contingent
liabilities (continued)</font></b></p>

</div>









<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><a name="XBRL_TS_ac1236ca5951402585276b10f"></a><i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">LIBOR and other
benchmark-related civil litigation:</font></i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;"> A number of putative class actions and
other actions are pending in the federal courts in New York against UBS and
numerous other banks on behalf of parties who transacted in certain interest
rate benchmark-based derivatives. Also pending in the US and in other
jurisdictions are a number of other actions asserting losses related to various
products whose interest rates were linked to LIBOR and other benchmarks,
including adjustable rate mortgages, preferred and debt securities, bonds
pledged as collateral, loans, depository accounts, investments and other
interest-bearing instruments. The complaints allege manipulation, through
various means, of certain benchmark interest rates, including USD&nbsp;LIBOR,
Euroyen TIBOR, Yen LIBOR, EURIBOR, CHF&nbsp;LIBOR, GBP LIBOR, SGD SIBOR and SOR
and Australian BBSW, and seek unspecified compensatory and other damages under
varying legal theories.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">USD&nbsp;LIBOR class and individual actions in the US: </font></i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">In
2013 and 2015, the district court in the USD&nbsp;LIBOR actions dismissed, in
whole or in part, certain plaintiffs&#8217; antitrust claims, federal racketeering
claims, CEA claims, and state common law claims. Although the Second Circuit
vacated the district court&#8217;s judgment dismissing antitrust claims, the district
court again dismissed antitrust claims against UBS in 2016. Certain plaintiffs
have appealed that decision to the Second Circuit. Separately, in 2018, the
Second Circuit reversed in part the district court&#8217;s 2015 decision dismissing
certain individual plaintiffs&#8217; claims and certain of these actions are now
proceeding. UBS entered into an agreement in 2016 with representatives of a
class of bondholders to settle their USD&nbsp;LIBOR class action. The agreement
has received final court approval. In 2018, the district court denied plaintiffs&#8217;
motions for class certification in the USD&nbsp;class actions for claims
pending against UBS, and plaintiffs sought permission to appeal that ruling to
the Second Circuit. In July 2018, the Second Circuit denied the petition to
appeal of the class of USD&nbsp;lenders and in November 2018 denied the
petition of the USD&nbsp;exchange class. In December 2019, UBS entered into an
agreement with representatives of the class of USD&nbsp;lenders to settle their
USD&nbsp;LIBOR class action. The agreement has received final court approval.
In January 2019, a putative class action was filed in the District Court for
the Southern District of New York against UBS and numerous other banks on
behalf of US residents who, since 1&nbsp;February 2014, directly transacted
with a defendant bank in USD&nbsp;LIBOR instruments. The complaint asserts
antitrust claims. The defendants moved to dismiss the complaint in August 2019.
On 26 March 2020 the court granted defendants&#8217; motion to dismiss the complaint
in its entirety. Plaintiffs have appealed the dismissal. In August 2020, an
individual action was filed in the Northern District of California against UBS
and numerous other banks alleging that the defendants conspired to fix the
interest rate used as the basis for loans to consumers by jointly setting the
USD&nbsp;LIBOR rate and monopolized the market for LIBOR-based consumer loans
and credit cards. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Other benchmark class actions in the US: </font></i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">In 2014, 2015
and 2017, the court in one of the Euroyen TIBOR lawsuits dismissed certain of
the plaintiffs&#8217; claims, including plaintiffs&#8217; federal antitrust and
racketeering claims. In August 2020, the court granted defendants&#8217; motion for
judgment on the pleadings and dismissed the lone remaining claim in the action
as impermissibly extraterritorial. <a name="XBRL_TS_ac1236ca5951402585276b10f_bclEnd"></a>Plaintiffs have appealed.
In 2017, the court dismissed the other Yen LIBOR / Euroyen TIBOR action in its
entirety on standing grounds. In April 2020, the appeals court reversed the
dismissal and in August 2020 plaintiffs in that action filed an amended
complaint. Defendants moved to dismiss the amended complaint in October 2020.
In 2017, the court dismissed the CHF&nbsp;LIBOR action on standing grounds and
failure to state a claim. Plaintiffs filed an amended complaint following the
dismissal, and the court granted a renewed motion to dismiss in September 2019.
Plaintiffs have appealed. Also in 2017, the court in the EURIBOR lawsuit
dismissed the case as to UBS and certain other foreign defendants for lack of
personal jurisdiction. Plaintiffs have appealed. In October 2018, the court in
the SIBOR / SOR action dismissed all but one of plaintiffs&#8217; claims against UBS.
Plaintiffs filed an amended complaint following the dismissal, and the court
granted a renewed motion to dismiss in July 2019. Plaintiffs appealed. In March
2021, the Second Circuit reversed the dismissal. In November 2018, the court in
the BBSW lawsuit dismissed the case as to UBS and certain other foreign
defendants for lack of personal jurisdiction. Following that dismissal,
plaintiffs filed an amended complaint in April 2019, which UBS and other
defendants named in the amended complaint moved to dismiss. In February 2020,
the court in the BBSW action granted in part and denied in part defendants&#8217;
motions to dismiss the amended complaint. In August 2020, UBS and other BBSW
defendants joined a motion for judgment on the pleadings. The court dismissed
the GBP LIBOR action in August 2019. Plaintiffs have appealed. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:-.1pt;line-height:11.5pt;">Government bonds:</font></i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:-.1pt;line-height:11.5pt;"> Putative class actions have been filed since 2015
in US federal courts against UBS and other banks on behalf of persons who
participated in markets for US Treasury securities since 2007. A consolidated
complaint was filed in 2017 in the </font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">US District Court for the Southern
District of New York </font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:-.1pt;line-height:11.5pt;">alleging that the banks
colluded with respect to, and manipulated prices of, US Treasury securities
sold at auction and in the secondary market and asserting claims under the
antitrust laws and for unjust enrichment. Defendants&#8217; motions to dismiss the
consolidated complaint was granted on 31 March 2021. Plaintiffs may seek permission
to file an amended complaint. Similar class actions have been filed concerning
European government bonds and other government bonds.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">UBS and reportedly other banks are responding to
investigations and requests for information from various authorities regarding
government bond trading practices. As a result of its review to date, UBS has
taken appropriate action.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">With respect to additional matters and jurisdictions not
encompassed by the settlements and orders referred to above, our balance sheet
at 31 March 2021 reflected a provision in an amount that UBS believes to be
appropriate under the applicable accounting standard. As in the case of other
matters for which we have established provisions, the future outflow of
resources in respect of such matters cannot be determined with certainty based
on currently available information and accordingly may ultimately prove to be
substantially greater (or may be less) than the provision that we have
recognized.</font></p>




<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:-.05pt;line-height:11.5pt;">&nbsp;</font></p>









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 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:justify;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">90</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_95"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font color=#006600 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

</DIV>
<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:2.0pt;">&nbsp;</font></p>

<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Note
14&#160; </font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Provisions and contingent liabilities (continued)</font></b></p>

</div>









<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="XBRL_TS_0f8781f5dd22477bb51d8a209"></a><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">6. Swiss retrocessions</font></p>

<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The Federal Supreme Court of
Switzerland ruled in 2012, in a test case against UBS, that distribution fees
paid to a firm for distributing third-party and intra-group investment funds
and structured products must be disclosed and surrendered to clients who have
entered into a discretionary mandate agreement with the firm, absent a valid
waiver. FINMA issued a supervisory note to all Swiss banks in response to the
Supreme Court decision. UBS has met the FINMA requirements and has notified all
potentially affected clients.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The Supreme Court decision has resulted, and may continue to
result, in a number of client requests for UBS to disclose and potentially
surrender retrocessions. Client requests are assessed on a case-by-case basis.
Considerations taken into account when assessing these cases include, among
other things, the existence of a discretionary mandate and whether or not the
client documentation contained a valid waiver with respect to distribution
fees.</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Our balance sheet at 31&nbsp;March 2021 reflected a provision
with respect to matters described in this item 6 in an amount that UBS believes
to be appropriate under the applicable accounting standard. The ultimate
exposure will depend on client requests and the resolution thereof, factors
that are difficult to predict and assess. Hence, as in the case of other matters
for which we have established provisions, the future outflow of resources in
respect of such matters cannot be determined with certainty based on currently
available information and accordingly may ultimately prove to be substantially
greater (or may be less) than the provision that we have recognized.</font></p>








<p style="margin:0mm;text-align:justify;"><a name="XBRL_TS_0f8781f5dd22477bb51d8a209_bclEnd"></a><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#160;&nbsp;</font></p>








<p style="margin:0mm;text-align:justify;"><a name="Ccy_translation_rates"></a><a name="RG_MARKER_137756"></a><a name="RG_MARKER_137616"></a><a name="RG_MARKER_137616_bclEnd"></a><a name="RG_MARKER_137756_bclEnd"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:3.0pt;">&nbsp;</font></p>

<div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">

<p style="border:none;margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;padding:0mm;"><a name="XBRL_TS_2976e5d5a91f48478a04cf903"></a><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Note </font></b><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">15&nbsp;</font></b><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">
&#160;Currency translation rates<a name="Ccy_translation_rates_bclEnd"></a><a name="XBRL_TS_2976e5d5a91f48478a04cf903_bclEnd"></a></font></b></p>

</div>


<p style="margin:0mm;text-align:justify;"><a name="XBRL_TS_d0d3a753a0e246d1b619fad91"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The
following table shows the rates of the main currencies used to translate the
financial information of UBS&#8217;s operations with a functional currency other than
the US dollar into US dollars.<a name="XBRL_TS_d0d3a753a0e246d1b619fad91_bclEnd"></a></font></p>










<p style="margin:0mm;text-align:justify;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:11.25pt;">
  <td width=46% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 width=27% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Closing exchange rate</font></b></p>
  </td>
 <td colspan=3 width=26% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Average rate<sup>1</sup></font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=46% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 width=27% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">As of</font></p>
  </td>
 <td colspan=3 width=26% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">For the quarter ended</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=46% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=9% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td width=9% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.20</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.20</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=46% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1 CHF</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.06&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.13&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.04&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.09&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.11&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.04&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=46% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1 EUR</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.17&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.22&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.10&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.20&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.19&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.10&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=46% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1 GBP</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.38&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.37&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.24&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.38&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.33&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1.28&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=46% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">100 JPY</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.90&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.97&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.93&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.93&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.96&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0.93&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:33.0pt;">
  <td colspan=8 valign=top width=100% style="height:33.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 Monthly income
  statement items of operations with a functional currency other than the US
  dollar are translated into US dollars using month-end rates. Disclosed
  average rates for a quarter represent an average of three month-end rates,
  weighted according to the income and expense volumes of all operations of the
  Group with the same functional currency for each month. Weighted average
  rates for individual business divisions may deviate from the weighted average
  rates for the Group.</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#160;&nbsp;</font></p>

<p style="margin-bottom:30.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="Interim_ConsoFS_UBSAG"></a><a name="RG_MARKER_137590"></a><a name="RG_MARKER_137753"></a></p>
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 <p align=right style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:right;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">91</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

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</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_96"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

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 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">Notes to the UBS Group AG interim consolidated
 financial statements (unaudited)</font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
<p style="margin-bottom:30.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:28.0pt;line-height:28.0pt;">UBS AG interim
consolidated financial <a name="RG_MARKER_137590_bclEnd"></a><a name="RG_MARKER_137753_bclEnd"></a><br>
information (unaudited)<a name="Interim_ConsoFS_UBSAG_bclEnd"></a></font></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">This section contains a comparison of selected
financial and capital information between UBS Group AG consolidated and UBS AG
consolidated. Refer to the UBS AG first quarter 2021 report, which will be
available as of 30&nbsp;April 2021 under &#8220;Quarterly reporting&#8221; at </font><i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">ubs.com/investors</font></i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">,
for</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;font-style:normal;line-height:11.5pt;"> the interim consolidated
financial statements of UBS AG.</font></p>

<p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><a name="Comparison_GroupVsAG"></a><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Comparison between UBS
Group AG consolidated and UBS&nbsp;AG consolidated</font></b></p>

<p style="margin:0mm;text-align:justify;"><a name="Comparison_GroupVsAG_bclEnd"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The
accounting policies applied under International Financial Reporting Standards
(IFRS) to both the UBS Group AG and the UBS AG consolidated financial
statements are identical. However, there are certain scope and presentation
differences as noted below.</font></p>

<p style="margin-bottom:0mm;margin-left:11.35pt;margin-right:0mm;margin-top:0mm;text-align:justify;text-indent:-11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#8211;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;line-height:11.5pt;">&nbsp;&nbsp;
&nbsp;</font><font dir=LTR>&nbsp;</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Assets, liabilities, operating income, operating
expenses and operating profit before tax relating to UBS Group AG and its
directly held subsidiaries, including UBS Business Solutions AG, are reflected
in the consolidated financial statements of UBS Group AG but not of UBS AG. UBS
AG&#8217;s assets, liabilities, operating income and operating expenses related to
transactions with UBS Group AG and its directly held subsidiaries, including
UBS Business Solutions AG and other shared services subsidiaries, are not
subject to elimination in the UBS AG consolidated financial statements, but are
eliminated in the UBS Group AG consolidated financial statements. UBS Business
Solutions AG and other shared services subsidiaries of UBS Group AG charge
other legal entities within the UBS AG consolidation scope for services
provided, including a markup on costs incurred.</font></p>

<p style="margin-bottom:0mm;margin-left:11.35pt;margin-right:0mm;margin-top:0mm;text-align:justify;text-indent:-11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#8211;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;line-height:11.5pt;">&nbsp;&nbsp;
&nbsp;</font><font dir=LTR>&nbsp;</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The equity of UBS Group AG consolidated was USD&nbsp;0.6&nbsp;billion
higher than the equity of UBS AG consolidated as of 31&nbsp;March 2021. This
difference was mainly driven by higher dividends paid by UBS AG to UBS Group AG
compared with the dividend distributions of UBS Group AG, as well as higher
retained earnings in the UBS Group AG consolidated financial statements,
largely related to the aforementioned markup charged by shared services
subsidiaries of UBS Group AG to other legal entities in the UBS AG scope of
consolidation. In addition, UBS Group AG is the grantor of the majority of the
compensation plans of the Group and recognizes share premium for equity-settled
awards granted. These effects were partly offset by treasury shares acquired as
part of our share repurchase programs and those held to hedge share delivery
obligations associated with Group compensation plans, as well as additional
share premium recognized at the UBS AG consolidated level related to the
establishment of UBS Group AG and UBS Business Solutions AG, a wholly owned
subsidiary of UBS Group AG.</font></p>

<p style="margin-bottom:0mm;margin-left:11.35pt;margin-right:0mm;margin-top:0mm;text-align:justify;text-indent:-11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#8211;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;line-height:11.5pt;">&nbsp;&nbsp;
&nbsp;</font><font dir=LTR>&nbsp;</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The going concern capital of UBS Group AG
consolidated was USD&nbsp;3.0 billion higher than the going concern capital of
UBS&nbsp;AG consolidated as of 31&nbsp;March 2021, reflecting higher common
equity tier 1 (CET1) capital of USD&nbsp;1.6&nbsp;billion and going concern
loss-absorbing additional tier 1 (AT1) capital of USD&nbsp;1.4&nbsp;billion. </font></p>

<p style="margin-bottom:0mm;margin-left:11.35pt;margin-right:0mm;margin-top:0mm;text-align:justify;text-indent:-11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#8211;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;line-height:11.5pt;">&nbsp;&nbsp;
&nbsp;</font><font dir=LTR>&nbsp;</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The CET1 capital of UBS Group AG consolidated was
USD&nbsp;1.6 billion higher than that of UBS AG consolidated as of 31&nbsp;March
2021. The higher CET1 capital of UBS Group AG consolidated was primarily due to
higher UBS Group AG consolidated IFRS equity of USD&nbsp;0.6&nbsp;billion, as
described above, and lower UBS Group AG accruals for future capital returns to
shareholders, partly offset by compensation-related regulatory capital accruals
and a capital reserve for potential share repurchases at the UBS Group AG
level.</font></p>

<p style="margin-bottom:0mm;margin-left:11.35pt;margin-right:0mm;margin-top:0mm;text-align:justify;text-indent:-11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#8211;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;line-height:11.5pt;">&nbsp;&nbsp;
&nbsp;</font><font dir=LTR>&nbsp;</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The going concern loss-absorbing AT1 capital of UBS
Group AG consolidated was USD&nbsp;1.4&nbsp;billion higher than that of UBS&nbsp;AG
consolidated as of 31&nbsp;March 2021, mainly reflecting deferred contingent
capital plan awards granted at the Group level to eligible employees for the
performance years 2016 to 2020, partly offset by two new loss-absorbing AT1
capital instruments on-lent by UBS Group AG to UBS AG. </font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><a name="_Hlk70317382"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">In April 2021, UBS AG
distributed a dividend of USD</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">4.5 billion to
UBS Group AG and UBS Group AG paid the 2020 dividend of USD</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">1.3 billion to its shareholders. These dividends reduced the equity
of UBS AG and UBS Group AG by USD</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">4.5 billion and
USD</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font><font face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:9.0pt;line-height:11.5pt;">1.3 billion, respectively, and had no impact
on their CET1 capital.</font></p>

<p style="margin-bottom:0mm;margin-left:11.35pt;margin-right:0mm;margin-top:0mm;text-align:justify;text-indent:-11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>




<p style="margin:0mm;text-align:justify;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>


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 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:justify;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">92</font></font><font style="border:none;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

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 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font color=#006600 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

</DIV>
<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:2.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:11.25pt;">
  <td colspan=5 width=71% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">Comparison between UBS Group AG consolidated and UBS AG
  consolidated</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:11.25pt;">
  <td width=39% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 width=31% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">As of or for the quarter ended 31.3.21</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=center style="margin:0mm;text-align:center;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td colspan=3 width=28% style="border:none;border-bottom:solid #74726F 1.0pt;height:11.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">As of or for the quarter ended 31.12.20</font></p>
  </td>
 </tr>
<tr style="height:19.5pt;">
  <td valign=bottom width=39% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million, except where indicated</font></i></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td valign=bottom width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">UBS Group AG</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">consolidated</font></b></p>
  </td>
 <td valign=bottom width=11% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">UBS AG</font></b></p>
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">consolidated</font></b></p>
  </td>
 <td valign=bottom width=9% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Difference</font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">(absolute)</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">UBS Group AG</font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">consolidated</font></p>
  </td>
 <td valign=bottom width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">UBS AG</font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">consolidated</font></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:19.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Difference</font></p>
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">(absolute)</font></p>
  </td>
 </tr>
<tr style="height:7.5pt;">
  <td width=39% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=39% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Income statement</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=39% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Operating income</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,705&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,836&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(130)&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,117&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,220&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(103)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=39% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Operating expenses</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,407&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,684&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(277)&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,132&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,324&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(192)&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=39% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Operating profit / (loss) before tax </font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,298&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,151&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;147&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,985&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,896&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;89&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=39% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 11.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Global Wealth Management</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,409&nbsp;</font></i></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,391&nbsp;</font></i></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;18&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;864&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;855&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=39% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 11.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Personal &amp; Corporate Banking</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;389&nbsp;</font></i></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;390&nbsp;</font></i></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;353&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;353&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(1)&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=39% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 11.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Asset Management</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;227&nbsp;</font></i></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;227&nbsp;</font></i></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;401&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;401&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=39% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 11.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Investment Bank</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;412&nbsp;</font></i></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;394&nbsp;</font></i></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;17&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;529&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;528&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=39% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 11.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: Group Functions</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(139)&nbsp;</font></i></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(251)&nbsp;</font></i></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;112&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(161)&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;(241)&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;79&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=39% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net profit / (loss) </font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,827&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,713&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;114&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,645&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,572&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;73&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=39% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 11.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: net profit / (loss) attributable to shareholders</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,824&nbsp;</font></i></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,710&nbsp;</font></i></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;114&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,636&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,563&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;73&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=39% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 11.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: net profit / (loss) attributable to non-controlling
  interests</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></i></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3&nbsp;</font></i></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;0&nbsp;</font></i></p>
  </td>
 </tr>
<tr style="height:7.5pt;">
  <td width=39% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=39% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Statement of comprehensive income</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=39% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other comprehensive income</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">(2,166)</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">(2,032)</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">(135)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">83</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">54</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">29</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=39% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 11.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: attributable to shareholders</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">(2,154)</font></i></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">(2,019)</font></i></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">(135)</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">65</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">36</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">29</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=39% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 11.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: attributable to non-controlling interests</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">(12)</font></i></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">(12)</font></i></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">18</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">18</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=39% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total comprehensive income</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">(339)</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">(319)</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">(21)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1,728</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1,626</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">102</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=39% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 11.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: attributable to shareholders</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">(330)</font></i></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">(309)</font></i></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">(21)</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1,701</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1,599</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">102</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=39% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 11.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: attributable to non-controlling interests</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">(9)</font></i></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">(9)</font></i></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">27</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">27</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0</font></i></p>
  </td>
 </tr>
<tr style="height:7.5pt;">
  <td width=39% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=39% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Balance sheet</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=39% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total assets</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1,107,712</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1,109,234</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">(1,522)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,125,765&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,125,327&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">438</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=39% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total liabilities</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1,049,379</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1,051,481</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">(2,102)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,066,000&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,067,254&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">(1,254)</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=39% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total equity </font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">58,333</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">57,753</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">580</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;59,765&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;58,073&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,691&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=39% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 11.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: equity attributable to shareholders</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">58,026</font></i></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">57,446</font></i></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">580</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;59,445&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;57,754&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1,691</font></i></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=39% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 11.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">of which: equity attributable to non-controlling interests</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">307</font></i></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><i><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">307</font></i></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;319&nbsp;</font></i></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;319&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0</font></i></p>
  </td>
 </tr>
<tr style="height:7.5pt;">
  <td width=39% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=11% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=9% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:7.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=39% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Capital information</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=39% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Common equity tier 1 capital</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">40,426</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">38,826</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1,600</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">39,890</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">38,181</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1,709</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=39% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Going concern capital</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">56,288</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">53,255</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">3,033</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">56,178</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">52,610</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">3,567</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=39% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Risk-weighted assets</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">287,828</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">285,119</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">2,710</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">289,101</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">286,743</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">2,358</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=39% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Common equity tier 1 capital ratio (%)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">14.0</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">13.6</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.4</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">13.8</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">13.3</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.5</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=39% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Going concern capital ratio (%)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">19.6</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">18.7</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.9</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">19.4</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">18.3</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1.1</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=39% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total loss-absorbing capacity ratio (%)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">35.0</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">34.2</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.7</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">35.2</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">34.2</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1.0</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=39% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Leverage ratio denominator<sup>1</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1,038,225</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1,039,736</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">(1,511)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1,037,150</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1,036,771</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">379</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=39% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Common equity tier 1 leverage ratio (%)<sup>1</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">3.89</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">3.73</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.16</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">3.85</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">3.68</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.16</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td width=39% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Going concern leverage ratio (%)<sup>1</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">5.4</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">5.1</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.3</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">5.4</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">5.1</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.3</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td valign=bottom width=39% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total loss-absorbing capacity leverage ratio (%)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">9.7</font></b></p>
  </td>
 <td width=11% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">9.4</font></b></p>
  </td>
 <td width=9% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.3</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">9.8</font></p>
  </td>
 <td width=10% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">9.5</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">0.3</font></p>
  </td>
 </tr>
<tr style="height:9.75pt;">
  <td colspan=9 valign=top width=100% style="border:none;height:9.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1&nbsp;Leverage
  ratio denominators and leverage ratios for 31 December 2020 do not reflect
  the effects of the temporary exemption that applied from 25 March 2020 until
  1 January 2021 and was granted by FINMA in connection with COVID-19. Refer to
  the &#8220;Regulatory and legal developments&#8221; section of our Annual Report 2020 for
  more information.</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#160;&nbsp;</font></p>









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<p style="margin-bottom:28.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="RG_MARKER_137598"></a><a name="RG_MARKER_137699"></a></p>
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<p style="margin:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:12.0pt;">Unaudited </font></p>










<p style="margin-bottom:10.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><a name="RG_MARKER_137737"></a><a name="Financial_and_reg_key_figures"></a></p>
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<p style="margin-bottom:10.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:16.0pt;line-height:18.0pt;">Financial<a name="Financial_and_reg_key_figures_bclEnd"></a><a name="RG_MARKER_137737_bclEnd"></a> and regulatory key figures for our
significant regulated subsidiaries and sub-groups</font></p>








<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:16.5pt;">
  <td valign=bottom width=38% style="border:none;border-bottom:solid #74726F 1.0pt;height:16.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="height:16.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=14% style="border:none;border-bottom:solid #74726F 1.0pt;height:16.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">UBS AG</font></p>
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">(standalone)</font></p>
  </td>
 <td width=1% style="height:16.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=14% style="border:none;border-bottom:solid #74726F 1.0pt;height:16.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">UBS Switzerland AG</font></p>
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">(standalone)</font></p>
  </td>
 <td width=1% style="height:16.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=14% style="border:none;border-bottom:solid #74726F 1.0pt;height:16.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">UBS Europe SE</font></p>
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">(consolidated)<sup>1</sup></font></p>
  </td>
 <td width=1% style="height:16.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=16% style="border:none;border-bottom:solid #74726F 1.0pt;height:16.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">UBS Americas Holding LLC</font></p>
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">(consolidated)</font></p>
  </td>
 </tr>
<tr style="height:16.5pt;">
  <td valign=bottom width=38% style="border:none;border-bottom:solid #74726F 1.0pt;height:16.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="height:16.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=2 valign=bottom width=14% style="border:none;border-bottom:solid #74726F 1.0pt;height:16.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million,</font></i></p>
  <p align=center style="margin:0mm;text-align:center;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">except where indicated</font></i></p>
  </td>
 <td width=1% style="height:16.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td colspan=2 valign=bottom width=14% style="border:none;border-bottom:solid #74726F 1.0pt;height:16.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">CHF million,</font></i></p>
  <p align=center style="margin:0mm;text-align:center;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">except where indicated</font></i></p>
  </td>
 <td width=1% style="height:16.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td colspan=2 valign=bottom width=14% style="border:none;border-bottom:solid #74726F 1.0pt;height:16.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">EUR million,</font></i></p>
  <p align=center style="margin:0mm;text-align:center;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">except where indicated</font></i></p>
  </td>
 <td width=1% style="height:16.5pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td colspan=2 valign=bottom width=16% style="border:none;border-bottom:solid #74726F 1.0pt;height:16.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million,</font></i></p>
  <p align=center style="margin:0mm;text-align:center;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">except where indicated</font></i></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=38% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">As of or for the quarter ended</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=7% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=8% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 </tr>
<tr style="height:2.25pt;">
  <td width=38% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=38% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Financial information<sup>2</sup></font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Income statement</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total operating income</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">2,811</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">3,074</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">2,089</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1,493</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">260</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">274</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">3,721</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">3,495</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total operating expenses</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">2,143</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">2,139</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1,489</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1,273</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">233</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">204</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">2,905</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">2,684</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Operating profit / (loss) before tax</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">669</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">935</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">600</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">220</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">27</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">70</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">816</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">811</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=38% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net profit / (loss)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">566</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">802</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">484</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">173</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">11</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">88</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">716</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">341</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Balance sheet</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total assets</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">517,606</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">509,024</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">325,921</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">316,829</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">49,246</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">48,591</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">182,786</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">172,385</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total liabilities </font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">464,645</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">456,628</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">312,802</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">304,194</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">44,540</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">43,896</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">154,419</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">144,103</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=38% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 8.75pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total equity</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">52,962</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">52,396</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">13,119</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">12,634</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">4,706</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">4,696</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">28,367</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">28,283</font></p>
  </td>
 </tr>
<tr style="height:2.25pt;">
  <td width=38% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=38% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Capital<sup>2,3</sup></font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Common equity tier 1 capital</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">50,223</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">50,269</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">12,417</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">12,234</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">3,721</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">3,703</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">14,716</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">14,384</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=38% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Additional tier 1 capital</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">14,429</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">14,430</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">5,402</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">5,176</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">290</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">290</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">3,047</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">3,047</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Tier 1 capital</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">64,652</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">64,699</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">17,819</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">17,410</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">4,011</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">3,993</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">17,763</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">17,431</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=38% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total going concern capital</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">64,652</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">64,699</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">17,819</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">17,410</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">4,011</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">3,993</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Tier 2 capital</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">736</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">736</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=38% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total gone concern loss-absorbing capacity</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">44,365</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">45,520</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">10,890</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">10,824</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">2,184</font></b><sup><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">4</font></b></sup></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">1,784<sup>4</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">6,300</font></b><sup><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">5</font></b></sup></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">5,600<sup>5</sup></font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total capital</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">4,011</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">3,993</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">18,498</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">18,166</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=38% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total loss-absorbing capacity</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">109,017</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">110,219</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">28,709</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">28,234</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">6,195</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">5,777</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">24,063</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">23,031</font></p>
  </td>
 </tr>
<tr style="height:2.25pt;">
  <td width=38% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=38% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Risk-weighted assets and leverage ratio denominator<sup>2,3</sup></font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Risk-weighted assets</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">317,824</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">305,575</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">110,194</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">107,253</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">14,125</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">13,175</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">69,481</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">63,929</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Leverage ratio denominator<sup>6</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">611,022</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">595,017</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">344,925</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">335,251</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">43,620</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">41,376</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">169,386</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">154,609</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=38% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Supplementary leverage ratio denominator<sup>7</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">159,587</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">150,019</font></p>
  </td>
 </tr>
<tr style="height:2.25pt;">
  <td width=38% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=38% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Capital and leverage ratios (%)<sup>2,3</sup></font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Common equity tier 1 capital ratio</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">15.8</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">16.5</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">11.3</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">11.4</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">26.3</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">28.1</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">21.2</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">22.5</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Tier 1 capital ratio</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">28.4</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">30.3</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">25.6</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">27.3</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Going concern capital ratio</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">20.3</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">21.2</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">16.2</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">16.2</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total capital ratio</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">28.4</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">30.3</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">26.6</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">28.4</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total loss-absorbing capacity ratio</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">26.1</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">26.3</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">43.9</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">43.8</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">34.6</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">36.0</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Tier 1 leverage ratio</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">9.2</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">9.7</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">10.5</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">11.3</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Supplementary tier 1 leverage ratio<sup>7</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">11.1</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">11.6</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Going concern leverage ratio<sup>6</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">10.6</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">10.9</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">5.2</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">5.2</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total loss-absorbing capacity leverage ratio</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">8.3</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">8.4</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">14.2</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">14.0</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">14.2</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">14.9</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=38% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Gone concern capital coverage ratio</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">118.1</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">135.7</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:2.25pt;">
  <td width=38% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=38% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Liquidity<sup>3,8</sup></font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">High-quality liquid assets (billion)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">82</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">84</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">96</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">92</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">17</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">17</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=38% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net cash outflows (billion)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">48</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">53</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">66</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">62</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">11</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">11</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:dotted #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=38% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Liquidity coverage ratio (%)<sup>9,10</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">172</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">159</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">146</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">148</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 4.25pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">157</font></b></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">151</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:2.25pt;">
  <td width=38% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;height:2.25pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:8.25pt;">
  <td width=38% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=#9A3D37 face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;">Other</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=7% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=8% style="border:none;border-bottom:solid #74726F 1.0pt;height:8.25pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.75pt;">
  <td width=38% style="border:none;border-bottom:solid #74726F 1.5pt;height:12.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Joint and several liability between UBS AG and UBS Switzerland
  AG (billion)<sup>11</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:12.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:12.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:12.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:12.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:12.75pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">9</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:12.75pt;padding:0mm 3.5pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">9</font></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:12.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:12.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=7% style="border:none;border-bottom:solid #74726F 1.5pt;height:12.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:12.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:12.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td valign=bottom width=8% style="border:none;border-bottom:solid #74726F 1.5pt;height:12.75pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:103.5pt;">
  <td colspan=13 valign=top width=100% style="border:none;height:103.5pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1 Liquidity
  figures are calculated on a twelve-month average, based on UBS Europe SE&#8217;s regulatory
  requirements.&#160;&#160;&#160; 2&nbsp;The financial information of UBS AG standalone and
  UBS Switzerland AG standalone, UBS Europe SE consolidated, and UBS Americas
  Holding LLC consolidated is prepared in accordance with Swiss GAAP (the FINMA
  Accounting Ordinance, FINMA Circular 2020/1 and the Banking Ordinance),
  International Financial Reporting Standards (IFRS) and the accounting
  principles generally accepted in the US (US GAAP), respectively, but does not
  represent interim financial statements under the respective GAAP / IFRS.
  Regulatory figures of these entities are based on the applicable Swiss
  systemically relevant bank framework, EU regulatory rules and US Basel III
  rules, respectively.&#160;&#160;&#160; 3&nbsp;Refer to the 31&nbsp;March 2021 Pillar&nbsp;3
  report, available under &#8220;Pillar&nbsp;3 disclosures&#8221; at ubs.com/investors, for
  more information.&#160;&#160;&#160; 4&nbsp;Consists of positions that meet the conditions
  laid down in Art.&nbsp;72a&#8209;b of the Capital Requirements Regulation
  (CRR)&nbsp;II with regard to contractual, structural or legal
  subordination.&#160;&#160;&#160; 5&nbsp;Consists of eligible long-term debt that meets the
  conditions specified in 12&nbsp;CFR&nbsp;252.162 of the final TLAC rules.
  Total loss-absorbing capacity is the sum of tier&nbsp;1 capital and eligible
  long-term debt.&#160;&#160;&#160; 6&nbsp;Leverage ratio denominators and going concern
  leverage ratios&nbsp;for UBS AG standalone and UBS Switzerland AG standalone
  for 31 December 2020&nbsp;do not reflect the effects of the temporary
  exemption&nbsp;that applied from 25&nbsp;March 2020 until 1&nbsp;January
  2021&nbsp;and&nbsp;was&nbsp;granted by FINMA in connection with
  COVID-19.&nbsp;Refer to the &#8220;Regulatory and legal developments&#8221; section of
  our Annual Report 2020 for more information.&#160;&#160;&#160; 7&nbsp;US regulatory
  authorities temporarily eased the requirements for the supplementary leverage
  ratio (SLR), allowing for the exclusion of US Treasury securities and
  deposits at the Federal Reserve Banks from the SLR denominator through March
  2021. This exclusion resulted in an increase in the SLR of 187&nbsp;bps on
  31&nbsp;March 2021 and 170&nbsp;bps on 31&nbsp;December 2020.&#160;&#160;&#160; 8&nbsp;There
  was no local disclosure requirement for UBS Americas Holding LLC as of
  31&nbsp;March 2021 and 31&nbsp;December 2020.&#160;&#160;&#160; 9&nbsp;In the first quarter
  of 2021, the UBS&nbsp;AG liquidity coverage ratio (LCR) was 172%, remaining
  above the prudential requirements communicated by FINMA.&#160;&#160;&#160; 10&nbsp;In the
  first quarter of 2021, the LCR of UBS&nbsp;Switzerland&nbsp;AG, which is a
  Swiss SRB, was 146%, remaining above the prudential requirement communicated
  by FINMA in connection with the Swiss Emergency Plan.&#160;&#160;&#160; 11&nbsp;Refer to the
  &#8220;Capital, liquidity and funding, and balance sheet&#8221; section of our Annual
  Report 2020 for more information about the joint and several liability. Under
  certain circumstances, the Swiss Banking Act and FINMA&#8217;s Banking Insolvency
  Ordinance authorize FINMA to modify, extinguish or convert to common equity
  liabilities of a bank in connection with a&nbsp;resolution or insolvency of
  such bank.&#160;&#160;&#160; </font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#160;&#160; &nbsp;</font></p>








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</DIV>
<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">UBS Group AG is a holding
company and conducts substantially all <a name="RG_MARKER_137738_bclEnd"></a>of
its operations through UBS AG and subsidiaries thereof. UBS Group AG and UBS AG
have contributed a significant portion of their respective capital to, and
provide substantial liquidity to, such subsidiaries. Many of these subsidiaries
are subject to regulations requiring compliance with minimum capital, liquidity
and similar requirements. The tables in this section summarize the regulatory
capital components and capital ratios of our significant regulated subsidiaries
and sub-groups determined under the regulatory framework of each subsidiary&#8217;s
or sub-group&#8217;s home jurisdiction. </font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Supervisory authorities generally have discretion to impose
higher requirements or to otherwise limit the activities of subsidiaries.
Supervisory authorities also may require entities to measure capital and
leverage ratios on a stressed basis and may limit the ability of an entity to
engage in new activities or take capital actions based on the results of those
tests.</font></p>

<font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font><p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Standalone regulatory information for UBS AG and
UBS&nbsp;Switzerland AG, as well as consolidated regulatory information for UBS
Europe SE and UBS Americas Holding LLC, is provided in
the 31 March 2021 Pillar 3 report, which is available under &#8220;Pillar 3
disclosures&#8221; at </font><i><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">ubs.com/investors</font></i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">.&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Selected financial and regulatory information for UBS AG
consolidated is included in the key figures table below. Refer also to the UBS
AG first quarter 2021 report, which will be available as of 30 April 2021 under
&#8220;Quarterly reporting&#8221; at </font><i><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">ubs.com/investors</font></i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">.&nbsp;</font></p>










<p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;text-indent:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 title="Print_Area" border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:12.0pt;">
  <td width=62% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">UBS AG consolidated key figures</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:12.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=62% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=1% style="border:none;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td colspan=3 width=37% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=center style="margin:0mm;text-align:center;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">As of or for the quarter ended</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=62% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">USD million, except where indicated</font></i></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><i><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></i></p>
  </td>
 <td width=13% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.21</font></b></p>
  </td>
 <td width=12% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.12.20</font></p>
  </td>
 <td width=12% style="border-bottom:solid #74726F 1.0pt;border-left:none;border-right:none;border-top:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">31.3.20</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Results</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Operating income</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,836&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,220&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;8,009&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Operating expenses</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,684&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,324&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;6,210&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Operating profit / (loss) before tax</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;2,151&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,896&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,799&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=62% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net profit / (loss) attributable to shareholders</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,710&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,563&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,421&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Profitability and growth<sup>1</sup></font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Return on equity (%)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11.9&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10.9&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;10.2&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Return on tangible equity (%)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13.4&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12.2&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11.5&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Return on common equity tier 1 capital (%)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;17.8&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16.3&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;15.9&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Return on risk-weighted assets, gross (%)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12.3&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;11.7&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12.2&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Return on leverage ratio denominator, gross (%)<sup>2</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.4&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.3&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.5&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Cost / income ratio (%)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;75.9&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;76.3&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;75.0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=62% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Net profit growth (%)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;20.3&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;151.3&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;33.0&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Resources<sup>1</sup></font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total assets</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,109,234&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,125,327&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,099,196&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=62% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Equity attributable to shareholders</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;57,446&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;57,754&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;57,782&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Common equity tier 1 capital<sup>3</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;38,826&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;38,181&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;36,162&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Risk-weighted assets<sup>3</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;285,119&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;286,743&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;284,706&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Common equity tier 1 capital ratio (%)<sup>3</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13.6&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;13.3&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;12.7&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Going concern capital ratio (%)<sup>3</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;18.7&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;18.3&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;16.5&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total loss-absorbing capacity ratio (%)<sup>3</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;34.2&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;34.2&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;32.1&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Leverage ratio denominator<sup>2,3</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,039,736&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;1,036,771&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;957,210&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Common equity tier 1 leverage ratio (%)<sup>2,3</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.73&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.68&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3.78&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Going concern leverage ratio (%)<sup>2,3</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5.1&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;5.1&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4.9&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=62% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Total loss-absorbing capacity leverage ratio (%)<sup>3</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9.4&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9.5&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;9.5&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Other</font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=62% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Invested assets (USD billion)<sup>4</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,306&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;4,187&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:dotted #74726F 1.0pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;3,236&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td width=62% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">Personnel (full-time equivalents)</font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.0pt;padding:0mm 0mm 0mm 0mm;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&nbsp;</font></p>
  </td>
 <td width=13% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;47,592&nbsp;</font></b></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;47,546&nbsp;</font></p>
  </td>
 <td width=12% style="border:none;border-bottom:solid #74726F 1.5pt;height:9.0pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p align=right style="margin:0mm;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;">&#160;47,182&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:26.25pt;">
  <td colspan=5 valign=top width=100% style="border:none;height:26.25pt;padding:0mm 2.0pt 0mm 2.0pt;">
  <p style="margin:0mm;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;">1&nbsp;Refer to
  the &#8220;Performance targets and capital guidance&#8221; section of our Annual Report
  2020 for more information about our performance measurement.&#160;&#160;&#160;
  2&nbsp;Leverage ratio denominators and leverage ratios for the respective
  periods in 2020 do not reflect the effects of the temporary exemption that
  applied from 25 March 2020 until 1 January 2021 and was granted by FINMA in
  connection with COVID-19.&nbsp;Refer to the &#8220;Regulatory and legal
  developments&#8221; section of our Annual Report 2020 for more information.&#160;&#160;&#160; 3&nbsp;Based
  on the Swiss systemically relevant bank framework as of 1 January 2020. Refer
  to the &#8220;Capital management&#8221; section of this report for more information.&#160;&#160;&#160;
  4&nbsp;Consists of invested assets for Global Wealth Management, Asset
  Management and Personal &amp; Corporate Banking. Refer to &#8220;Note&nbsp;32
  Invested assets and net new money&#8221; in the &#8220;Consolidated financial statements&#8221;
  section of our Annual Report 2020 for more information.&#160;&#160;&#160; </font></p>
  </td>
 </tr>
</table></div>



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<DIV bclHeader>

 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">Appendix</font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
<p style="margin-bottom:30.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:28.0pt;line-height:28.0pt;">Alternative performance
measures<a name="RG_MARKER_137577_bclEnd"></a><a name="RG_MARKER_138727_bclEnd"></a></font></p>

<p style="margin:0mm;text-align:justify;text-indent:0mm;"><a name="alternative_per_mes_bclEnd"></a><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:3.0pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border:none;border-collapse:collapse;width:100%;">
 <tr style="height:87.35pt;page-break-inside:avoid;">
  <td valign=top width=100% style="border-bottom:none;border-left:none;border-right:solid white 1.5pt;border-top:solid white 1.0pt;height:87.35pt;padding:1.4pt 0mm 0mm 0mm;">
  <div style="border:none;border-bottom:solid #74726F 1.0pt;padding:0mm 0mm 3.0pt 0mm;">
  <p style="border:none;margin:0mm;padding:0mm;"><b><font face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">Alternative performance measures</font></b></p>
  </div>

  <p style="margin:0mm;margin-top:6.0pt;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" style="font-size:9.0pt;line-height:11.5pt;">An alternative performance
  measure (an APM) is a financial measure of historical or future financial
  performance, financial position or cash flows other than a financial measure
  defined or specified in the applicable recognized accounting standards or in
  other applicable regulations. We report a number of APMs in the discussion of
  the financial and operating performance of the Group, our business divisions
  and our Group Functions. We use APMs to provide a more complete picture of
  our operating performance and to reflect management&#8217;s view of the fundamental
  drivers of our business results. A definition of each APM, the method used to
  calculate it and the information content are presented in the table below. Our
  APMs may qualify as non-GAAP measures as defined by US Securities and
  Exchange Commission (SEC) regulations.</font></p>
  </td>
 </tr>
</table></div>


<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:14.2pt;page-break-inside:avoid;">
  <td width=29% style="background:#646464;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:14.2pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=white face="Frutiger 47 Light CN,sans-serif" lang=DE-CH style="font-size:9.0pt;line-height:8.25pt;">APM
  label</font></b></p>
  </td>
 <td width=36% style="background:#646464;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:14.2pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=white face="Frutiger 47 Light CN,sans-serif" lang=DE-CH style="font-size:9.0pt;line-height:8.25pt;">Calculation</font></b></p>
  </td>
 <td width=35% style="background:#646464;border:none;border-bottom:solid white 1.5pt;height:14.2pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=white face="Frutiger 47 Light CN,sans-serif" lang=DE-CH style="font-size:9.0pt;line-height:8.25pt;">Information
  content</font></b></p>
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=white face="Frutiger 47 Light CN,sans-serif" lang=DE-CH style="font-size:9.0pt;line-height:8.25pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:51.05pt;page-break-inside:avoid;">
  <td valign=top width=29% style="background:#BEBEBE;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:51.05pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Invested assets (USD and
  CHF)</font></b></p>
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">&#8211; GWM, P&amp;C, AM</font></b></p>
  </td>
 <td valign=top width=36% style="background:#E6E6E6;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:51.05pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Calculated as the sum of
  managed fund assets, managed institutional assets, discretionary and advisory
  wealth management portfolios, fiduciary deposits, time deposits, savings
  accounts, and wealth management securities or brokerage accounts.</font></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border:none;border-bottom:solid white 1.5pt;height:51.05pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">This measure provides
  information about the volume of client assets managed by or deposited with
  UBS for investment purposes.</font></p>
  </td>
 </tr>
<tr style="height:42.55pt;page-break-inside:avoid;">
  <td valign=top width=29% style="background:#BEBEBE;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:42.55pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Client assets (USD and
  CHF)</font></b></p>
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=FR style="font-size:7.5pt;line-height:9.0pt;">&#8211; GWM, P&amp;C</font></b></p>
  </td>
 <td valign=top width=36% style="background:#E6E6E6;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:42.55pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Calculated as the sum of invested
  assets and other assets held purely for transactional purposes or custody
  only.</font></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border:none;border-bottom:solid white 1.5pt;height:42.55pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">This measure provides
  information about the volume of client assets managed by or deposited with
  UBS for investment purposes, including other assets held purely for
  transactional purposes or custody only.</font></p>
  </td>
 </tr>
<tr style="height:60.45pt;page-break-inside:avoid;">
  <td valign=top width=29% style="background:#BEBEBE;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:60.45pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Recurring net fee income</font></b></p>
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">(USD and CHF)</font></b></p>
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">&#8211; GWM, P&amp;C</font></b></p>
  </td>
 <td valign=top width=36% style="background:#E6E6E6;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:60.45pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Calculated as the total of
  fees for services provided on an ongoing basis, such as portfolio management
  fees, asset-based investment fund fees and custody fees, which are generated
  on client assets, and administrative fees for accounts (as well as credit
  card fees for GWM). </font></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border:none;border-bottom:solid white 1.5pt;height:60.45pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">This measure provides
  information about the amount of recurring net fee income.</font></p>
  </td>
 </tr>
<tr style="height:70.9pt;page-break-inside:avoid;">
  <td valign=top width=29% style="background:#BEBEBE;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:70.9pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Transaction-based income
  </font></b></p>
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">(USD and CHF)</font></b></p>
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">&#8211; GWM, P&amp;C</font></b></p>
  </td>
 <td valign=top width=36% style="background:#E6E6E6;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:70.9pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Calculated as the total of
  the non-recurring portion of net fee and commission income, mainly composed
  of brokerage and transaction-based investment fund fees, as well as fees for
  payment and foreign exchange transactions (and credit card fees for P&amp;C),
  together with other net income from financial instruments measured at fair
  value through profit or loss.</font></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border:none;border-bottom:solid white 1.5pt;height:70.9pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">This measure provides
  information about the amount of the non-recurring portion of net fee and
  commission income.</font></p>
  </td>
 </tr>
<tr style="height:34.0pt;page-break-inside:avoid;">
  <td valign=top width=29% style="background:#BEBEBE;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:34.0pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Cost / income ratio (%)</font></b></p>
  </td>
 <td valign=top width=36% style="background:#E6E6E6;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:34.0pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Calculated as operating
  expenses divided by operating income before credit loss expense or release.</font></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border:none;border-bottom:solid white 1.5pt;height:34.0pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">This measure provides
  information about the efficiency of the business by comparing operating
  expenses with gross income.</font></p>
  </td>
 </tr>
<tr style="height:33.35pt;page-break-inside:avoid;">
  <td valign=top width=29% style="background:#BEBEBE;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:33.35pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Gross margin on invested
  assets (bps)</font></b></p>
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">&#8211; AM</font></b></p>
  </td>
 <td valign=top width=36% style="background:#E6E6E6;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:33.35pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Calculated as operating
  income before credit loss expense or release (annualized as applicable)
  divided by average invested assets.</font></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border:none;border-bottom:solid white 1.5pt;height:33.35pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">This measure provides
  information about the operating income before credit loss expense or release of
  the business in relation to invested assets.</font></p>
  </td>
 </tr>
<tr style="height:42.55pt;page-break-inside:avoid;">
  <td valign=top width=29% style="background:#BEBEBE;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:42.55pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Net interest margin
  (bps)</font></b></p>
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">&#8211; P&amp;C</font></b></p>
  </td>
 <td valign=top width=36% style="background:#E6E6E6;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:42.55pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Calculated as net interest
  income (annualized as applicable) divided by average loans.</font></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border:none;border-bottom:solid white 1.5pt;height:42.55pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">This measure provides
  information about the profitability of the business by calculating the
  difference between the price charged for lending and the cost of funding,
  relative to loan value.</font></p>
  </td>
 </tr>
<tr style="height:34.0pt;page-break-inside:avoid;">
  <td valign=top width=29% style="background:#BEBEBE;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:34.0pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Net margin on invested
  assets (bps)</font></b></p>
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">&#8211; AM</font></b></p>
  </td>
 <td valign=top width=36% style="background:#E6E6E6;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:34.0pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Calculated as operating
  profit before tax (annualized as applicable) divided by average invested
  assets.</font></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border:none;border-bottom:solid white 1.5pt;height:34.0pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">This measure provides
  information about the operating profit before tax of the business in relation
  to invested assets.</font></p>
  </td>
 </tr>
<tr style="height:33.7pt;page-break-inside:avoid;">
  <td valign=top width=29% style="background:#BEBEBE;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:33.7pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Business volume for
  Personal <br>
  Banking (CHF and USD)</font></b></p>
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">&#8211; P&amp;C</font></b></p>
  </td>
 <td valign=top width=36% style="background:#E6E6E6;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:33.7pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Calculated as the sum of
  client assets and loans.</font></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border:none;border-bottom:solid white 1.5pt;height:33.7pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">This measure provides
  information about the volume of client assets and loans.</font></p>
  </td>
 </tr>
<tr style="height:35.55pt;page-break-inside:avoid;">
  <td valign=top width=29% style="background:#BEBEBE;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:35.55pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Net new business volume
  for Personal Banking (CHF and USD)</font></b></p>
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">&#8211; P&amp;C</font></b></p>
  </td>
 <td valign=top width=36% style="background:#E6E6E6;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:35.55pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Calculated as the sum of
  net inflows and outflows of client assets and loans during a specific period
  (annualized as applicable).</font></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border:none;border-bottom:solid white 1.5pt;height:35.55pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">This measure provides
  information about the business volume as a result of net new business volume
  flows during a specific period.</font></p>
  </td>
 </tr>
<tr style="height:42.95pt;page-break-inside:avoid;">
  <td valign=top width=29% style="background:#BEBEBE;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:42.95pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Net new business volume
  growth for Personal Banking (%)</font></b></p>
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">&#8211; P&amp;C</font></b></p>
  </td>
 <td valign=top width=36% style="background:#E6E6E6;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:42.95pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Calculated as the sum of
  net inflows and outflows of client assets and loans during a specific period
  (annualized as applicable) divided by total business volume / client assets
  at the beginning of the period.</font></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border:none;border-bottom:solid white 1.5pt;height:42.95pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">This measure provides
  information about the growth of the business volume as a result of net new
  business volume flows during a specific period.</font></p>
  </td>
 </tr>
</table></div>






<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:1.0pt;line-height:5.0pt;">&nbsp;</font></p>


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 <p style="border:none;margin-bottom:30.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;">&nbsp;</font></font></p>

</DIV>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:14.2pt;page-break-inside:avoid;">
  <td width=30% style="background:#595959;border:none;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:solid white 1.5pt;height:14.2pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=white face="Frutiger 47 Light CN,sans-serif" lang=DE-CH style="font-size:9.0pt;line-height:8.25pt;">APM label</font></b></p>
  </td>
 <td width=35% style="background:#595959;border:none;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:solid white 1.5pt;height:14.2pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=white face="Frutiger 47 Light CN,sans-serif" lang=DE-CH style="font-size:9.0pt;line-height:8.25pt;">Calculation
  </font></b></p>
  </td>
 <td width=35% style="background:#595959;border-bottom:solid white 1.5pt;border-left:none;border-right:none;border-top:solid white 1.5pt;height:14.2pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=white face="Frutiger 47 Light CN,sans-serif" lang=DE-CH style="font-size:9.0pt;line-height:8.25pt;">Information
  content</font></b></p>
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=white face="Frutiger 47 Light CN,sans-serif" lang=DE-CH style="font-size:9.0pt;line-height:8.25pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:52.35pt;page-break-inside:avoid;">
  <td valign=top width=30% style="background:#BEBEBE;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:52.35pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Net profit growth (%)</font></b></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:52.35pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Calculated as the change in
  net profit attributable to shareholders from continuing operations between
  current and comparison periods divided by net profit attributable to
  shareholders from continuing operations of the comparison period.</font></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border:none;border-bottom:solid white 1.5pt;height:52.35pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">This measure provides
  information about profit growth in comparison with the prior period.</font></p>
  </td>
 </tr>
<tr style="height:59.55pt;page-break-inside:avoid;">
  <td valign=top width=30% style="background:#BEBEBE;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:59.55pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Pre-tax profit growth
  (%)</font></b></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:59.55pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Calculated as the change in
  net profit before tax attributable to shareholders from continuing operations
  between current and comparison periods divided by net profit before tax
  attributable to shareholders from continuing operations of the comparison period.</font></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border:none;border-bottom:solid white 1.5pt;height:59.55pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">This measure provides
  information about pre-tax profit growth in comparison with the prior period.</font></p>
  </td>
 </tr>
<tr style="height:34.0pt;page-break-inside:avoid;">
  <td valign=top width=30% style="background:#BEBEBE;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:34.0pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light Bold" style="font-size:7.5pt;letter-spacing:-.1pt;line-height:9.0pt;">Return on common equity tier 1</font></b><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;"> <br>
  </font></b><b><font color=black face="Frutiger 45 Light Bold" style="font-size:7.5pt;letter-spacing:-.1pt;line-height:9.0pt;">capital (%)</font></b></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:34.0pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Calculated as annualized
  net profit attributable to shareholders divided by average common equity tier
  1 capital.</font></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border:none;border-bottom:solid white 1.5pt;height:34.0pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">This measure provides
  information about the profitability of the business in relation to common
  equity tier 1 capital. </font></p>
  </td>
 </tr>
<tr style="height:34.0pt;page-break-inside:avoid;">
  <td valign=top width=30% style="background:#BEBEBE;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:34.0pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Return on equity (%)</font></b></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:34.0pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Calculated as annualized
  net profit attributable to shareholders divided by average equity
  attributable to shareholders.</font></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border:none;border-bottom:solid white 1.5pt;height:34.0pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">This measure provides
  information about the profitability of the business in relation to equity.</font></p>
  </td>
 </tr>
<tr style="height:34.0pt;page-break-inside:avoid;">
  <td valign=top width=30% style="background:#BEBEBE;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:34.0pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Return on attributed
  equity (%)</font></b></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:34.0pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Calculated as annualized
  business division operating profit before tax divided by average attributed equity.</font></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border:none;border-bottom:solid white 1.5pt;height:34.0pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">This measure provides
  information about the profitability of the business divisions in relation to attributed
  equity.</font></p>
  </td>
 </tr>
<tr style="height:34.9pt;page-break-inside:avoid;">
  <td valign=top width=30% style="background:#BEBEBE;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:34.9pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Return on leverage ratio
  denominator, gross (%)</font></b></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:34.9pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Calculated as annualized
  operating income before credit loss expense or release divided by average
  leverage ratio denominator.</font></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border:none;border-bottom:solid white 1.5pt;height:34.9pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">This measure provides
  information about the revenues of the business in relation to leverage ratio
  denominator.</font></p>
  </td>
 </tr>
<tr style="height:34.0pt;page-break-inside:avoid;">
  <td valign=top width=30% style="background:#BEBEBE;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:34.0pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Return on risk-weighted <br>
  assets, gross (%)</font></b></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:34.0pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Calculated as annualized
  operating income before credit loss expense or release divided by average
  risk-weighted assets.</font></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border:none;border-bottom:solid white 1.5pt;height:34.0pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">This measure provides
  information about the revenues of the business in relation to risk-weighted
  assets.</font></p>
  </td>
 </tr>
<tr style="height:39.7pt;page-break-inside:avoid;">
  <td valign=top width=30% style="background:#BEBEBE;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:39.7pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Return on tangible
  equity (%)</font></b></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:39.7pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Calculated as annualized
  net profit attributable to shareholders divided by average equity
  attributable to shareholders less average goodwill and intangible assets.</font></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border:none;border-bottom:solid white 1.5pt;height:39.7pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">This measure provides
  information about the profitability of the business in relation to tangible
  equity.</font></p>
  </td>
 </tr>
<tr style="height:22.7pt;page-break-inside:avoid;">
  <td valign=top width=30% style="background:#BEBEBE;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:22.7pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Total book value per share
  </font></b></p>
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">(USD and CHF<sup>1</sup>)</font></b></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:22.7pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Calculated as equity attributable
  to shareholders divided by the number of shares outstanding.</font></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border:none;border-bottom:solid white 1.5pt;height:22.7pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">This measure provides
  information about net assets on a per-share basis.</font></p>
  </td>
 </tr>
<tr style="height:34.0pt;page-break-inside:avoid;">
  <td valign=top width=30% style="background:#BEBEBE;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:34.0pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Tangible book value per
  share</font></b></p>
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">(USD and CHF<sup>1</sup>)</font></b></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:34.0pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Calculated as equity
  attributable to shareholders less goodwill and intangible assets divided by
  the number of shares outstanding.</font></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border:none;border-bottom:solid white 1.5pt;height:34.0pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">This measure provides
  information about tangible net assets on a per-share basis.</font></p>
  </td>
 </tr>
<tr style="height:22.7pt;page-break-inside:avoid;">
  <td valign=top width=30% style="background:#BEBEBE;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:22.7pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Loan penetration (%)</font></b></p>
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">&#8211; GWM</font></b></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:22.7pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Calculated as loans divided
  by invested assets.</font></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border:none;border-bottom:solid white 1.5pt;height:22.7pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">This measure provides
  information about the loan volume in relation to invested assets.</font></p>
  </td>
 </tr>
<tr style="height:60.25pt;page-break-inside:avoid;">
  <td valign=top width=30% style="background:#BEBEBE;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:60.25pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Net new money (USD)</font></b></p>
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">&#8211; AM </font></b></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:60.25pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Calculated as the sum of
  the net amount of inflows and outflows of
  invested assets (as defined in UBS policy) recorded during a specific period.</font></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border:none;border-bottom:solid white 1.5pt;height:60.25pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">This measure provides
  information about the</font><strike><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;"> </font></strike><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">development of invested assets during a specific
  period as a result of net new money flows and excludes movements due to
  market performance, foreign exchange translation, dividends, interest and
  fees.</font></p>
  </td>
 </tr>
<tr style="height:35.8pt;page-break-inside:avoid;">
  <td valign=top width=30% style="background:#BEBEBE;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:35.8pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Impaired loan portfolio
  as a percentage of total loan portfolio, gross (%)</font></b></p>
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">&#8211; GWM, P&amp;C</font></b></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:35.8pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Calculated as impaired loan
  portfolio divided by total gross loan portfolio.</font></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border:none;border-bottom:solid white 1.5pt;height:35.8pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">This measure provides
  information about the proportion of impaired loan portfolio in the total
  gross loan portfolio.</font></p>
  </td>
 </tr>
<tr style="height:34.65pt;page-break-inside:avoid;">
  <td valign=top width=30% style="background:#BEBEBE;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:34.65pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Secured loan portfolio
  as a percentage of total loan portfolio, gross (%)</font></b></p>
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">&#8211; P&amp;C</font></b></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:34.65pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Calculated as secured loan
  portfolio divided by total gross loan portfolio.</font></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border:none;border-bottom:solid white 1.5pt;height:34.65pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">This measure provides
  information about the proportion of secured loan portfolio in the total gross
  loan portfolio.</font></p>
  </td>
 </tr>
<tr style="height:87.9pt;page-break-inside:avoid;">
  <td valign=top width=30% style="background:#BEBEBE;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:87.9pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Active Digital Banking clients
  in Personal Banking (%)</font></b></p>
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">&#8211; P&amp;C</font></b></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:87.9pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Calculated as the number of
  clients (within the meaning of numbers of unique business relationships
  operated by Personal Banking), excluding persons under the age of 15, clients
  who do not have a private account, clients domiciled outside Switzerland, and
  clients who have defaulted on loans or credit facilities, who have logged on
  at least once within the past month divided by the total number of clients
  (within the aforementioned meaning).</font></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border:none;border-bottom:solid white 1.5pt;height:87.9pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">This measure provides
  information about the proportion of active Digital Banking clients in the
  total number of UBS clients (within the aforementioned meaning) who are
  serviced by Personal Banking.</font></p>
  </td>
 </tr>
</table></div>






<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>


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<font face="Frutiger 45 Light,sans-serif" style="mso-ansi-language:EN-US;mso-bidi-font-family:Times New Roman;mso-bidi-font-size:10.0pt;mso-bidi-language:AR-SA;mso-fareast-font-family:Times New Roman;mso-fareast-language:DE;">&nbsp;</font>
  <p align=right style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:right;"><font style="border:none;"><font style="mso-spacerun:yes;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">&#160;&nbsp;</font></font><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">99</font></font><font style="border:none;mso-no-proof:yes;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_104"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-line-height-rule:exactly;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:12.0pt;">Appendix</font></font><font style="border:none;">&nbsp;</font></p>

</DIV>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:14.2pt;page-break-inside:avoid;">
  <td width=30% style="background:#595959;border:none;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:solid white 1.5pt;height:14.2pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=white face="Frutiger 47 Light CN,sans-serif" lang=DE-CH style="font-size:9.0pt;line-height:8.25pt;">APM label</font></b></p>
  </td>
 <td width=35% style="background:#595959;border:none;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:solid white 1.5pt;height:14.2pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=white face="Frutiger 47 Light CN,sans-serif" lang=DE-CH style="font-size:9.0pt;line-height:8.25pt;">Calculation
  </font></b></p>
  </td>
 <td width=35% style="background:#595959;border-bottom:solid white 1.5pt;border-left:none;border-right:none;border-top:solid white 1.5pt;height:14.2pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=white face="Frutiger 47 Light CN,sans-serif" lang=DE-CH style="font-size:9.0pt;line-height:8.25pt;">Information
  content</font></b></p>
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=white face="Frutiger 47 Light CN,sans-serif" lang=DE-CH style="font-size:9.0pt;line-height:8.25pt;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:87.9pt;page-break-inside:avoid;">
  <td valign=top width=30% style="background:#BEBEBE;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:87.9pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Active Digital Banking
  clients in Corporate &amp; Institutional Clients (%)</font></b></p>
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">&#8211; P&amp;C</font></b></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:87.9pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Calculated as the number of
  clients (within the meaning of numbers of unique business relationships or
  legal entities operated by Corporate &amp; Institutional Clients), excluding
  clients that do not have an account, mono-product clients and clients that
  have defaulted on loans or credit facilities, which have logged on at least
  once within the past month divided by the total number of clients (within the
  aforementioned meaning).</font></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border:none;border-bottom:solid white 1.5pt;height:87.9pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">This measure provides
  information about the proportion of active Digital Banking clients in the
  total number of UBS clients (within the aforementioned meaning) which are
  serviced by Corporate &amp; Institutional Clients.</font></p>
  </td>
 </tr>
<tr style="height:39.7pt;page-break-inside:avoid;">
  <td valign=top width=30% style="background:#BEBEBE;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:39.7pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Mobile Banking log-in
  share in Personal Banking (%)</font></b></p>
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">&#8211; P&amp;C</font></b></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:39.7pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Calculated as the number of
  Mobile Banking app <br>
  log-ins divided by total log-ins via E-Banking and the Mobile Banking app in
  Personal Banking.</font></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border:none;border-bottom:solid white 1.5pt;height:39.7pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">This measure provides
  information about the proportion of Mobile Banking app log-ins in the total
  number of log-ins via E-Banking and the Mobile Banking app in Personal
  Banking.</font></p>
  </td>
 </tr>
<tr style="height:70.3pt;page-break-inside:avoid;">
  <td valign=top width=30% style="background:#BEBEBE;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:70.3pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Fee-generating assets
  (USD)</font></b></p>
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">&#8211; GWM</font></b></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:70.3pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Calculated as the sum of
  discretionary and non-discretionary wealth management portfolios (mandate
  volume) and assets where generated revenues are predominantly of a recurring
  nature, i.e., mainly investment and mutual funds, including hedge funds and private
  markets, where we have a distribution agreement.</font></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border:none;border-bottom:solid white 1.5pt;height:70.3pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">This measure provides
  information about the volume of invested assets that create a revenue stream,
  whether as a result of the nature of the contractual relationship with
  clients or through the fee structure of the asset. An increase in the level
  of fee-generating assets results in an increase in the associated revenue
  stream.</font></p>
  </td>
 </tr>
<tr style="height:53.0pt;page-break-inside:avoid;">
  <td valign=top width=30% style="background:#BEBEBE;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:53.0pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Net new fee-generating
  assets (USD)</font></b></p>
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">&#8211; GWM</font></b></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:53.0pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Calculated as the sum of
  the net amount of fee-generating assets inflows and outflows, including
  dividend and interest inflows into mandates and outflows from mandate fees
  paid by clients, during a specific period.</font></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border:none;border-bottom:solid white 1.5pt;height:53.0pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">This measure provides
  information about the development of fee-generating assets during a specific
  period as a result of net flows and excludes movements due to market
  performance and foreign exchange translation.</font></p>
  </td>
 </tr>
<tr style="height:63.7pt;page-break-inside:avoid;">
  <td valign=top width=30% style="background:#BEBEBE;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:63.7pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Fee-generating asset
  margin (bps)</font></b></p>
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">&#8211; GWM</font></b></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border-bottom:solid white 1.5pt;border-left:none;border-right:solid white 1.5pt;border-top:none;height:63.7pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">Calculated as revenues from
  fee-generating assets (a portion of which is included in recurring fee income
  and a portion of which is included in transaction-based income, annualized as
  applicable) divided by average fee-generating assets for the relevant mandate
  fee billing period.</font></p>
  </td>
 <td valign=top width=35% style="background:#E6E6E6;border:none;border-bottom:solid white 1.5pt;height:63.7pt;padding:1.4pt 0mm 0mm 0mm;">
  <p style="margin-bottom:0mm;margin-left:2.85pt;margin-right:2.85pt;margin-top:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">This measure provides
  information about the revenues from fee-generating assets in relation to
  their average volume during </font><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-GB style="font-size:7.5pt;line-height:9.0pt;">the
  relevant mandate fee billing period</font><font color=black face="Frutiger 45 Light,sans-serif" style="font-size:7.5pt;line-height:9.0pt;">.&nbsp;</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0mm;margin-top:3.0pt;text-align:justify;"><b><font color=#9A3D37 face="Frutiger 47 Light CN,sans-serif" lang=EN-US style="font-size:5.0pt;font-style:normal;line-height:7.5pt;">1</font></b><sup><font color=black face="Frutiger 47 Light CN,sans-serif" lang=EN-US style="font-size:6.5pt;line-height:7.5pt;"> &nbsp;</font></sup><font color=black face="Frutiger 47 Light CN,sans-serif" lang=EN-US style="font-size:6.5pt;line-height:7.5pt;">Total book value per share
and tangible book value per share in Swiss francs are calculated based on a translation
of equity under our US dollar presentation currency.</font></p>

<p style="margin:0mm;margin-top:3.0pt;text-align:justify;"><font color=black face="Frutiger 47 Light CN,sans-serif" lang=EN-US style="font-size:6.5pt;line-height:7.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><a name=Abbreviations></a><a name="Abbreviations_frequently_used_EN"></a><a name="RG_MARKER_137981"></a><a name="RG_MARKER_137981_bclEnd"></a></p>
<DIV bclFooter>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;tab-stops:11.3pt;text-align:justify;"><font style="border:none;display:none;mso-hide:all;mso-no-proof:yes;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">100</font></font><font style="border:none;mso-no-proof:yes;"><font style="display:none;mso-hide:all;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font face="Times New Roman,serif" style="border:none;mso-no-proof:yes;">&nbsp;</font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_105"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin-bottom:30.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;">&nbsp;</font></font></p>

</DIV>
<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:3.0pt;"></font></p>

<div style="border:none;border-top:solid #74726F 1.0pt;padding:3.0pt 0mm 0mm 0mm;">

<p style="border:none;margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;padding:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:14.0pt;line-height:16.0pt;">Abbreviations frequently used in our financial
reports<a name="Abbreviations_bclEnd"></a><a name="Abbreviations_frequently_used_EN_bclEnd"></a></font></p>

</div>


<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></b></p>










<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">A</font></b></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">ABS&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; asset-backed securities</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">AEI&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; automatic exchange of information</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">AGM&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Annual General Meeting of
shareholders</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">A-IRB&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; advanced internal <br>
ratings-based</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">AIV&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; alternative investment vehicle</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">ALCO&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Asset and Liability Committee</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">AMA&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; advanced measurement approach</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">AML &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; anti-money laundering</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">AoA&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Articles of Association</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">APAC&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Asia Pacific</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">APM&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; alternative performance measure</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">ARR&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; alternative reference rate</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">ARS&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; auction rate securities</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">ASF &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; available stable funding</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">AT1&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; additional tier 1</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">AuM &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; assets under management</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;text-indent:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">B</font></b></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">BCBS&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Basel Committee on <br>
Banking Supervision</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">BEAT&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; base erosion and anti-abuse tax</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">BIS&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Bank for International
Settlements</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">BoD&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Board of Directors</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">BVG&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Swiss occupational <br>
pension plan</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;text-indent:0mm;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">C</font></b></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">CAO &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Capital Adequacy Ordinance</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">CCAR&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Comprehensive Capital Analysis and
Review</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">CCF&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; credit conversion factor</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">CCP&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; central counterparty</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">CCR&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; counterparty credit risk</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">CCRC&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Corporate Culture and Responsibility
Committee</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">CCyB&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; countercyclical buffer</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">CDO&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; collateralized debt <br>
obligation</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">CDS&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; credit default swap</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">CEA&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Commodity Exchange Act</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font><p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">CEM&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; current exposure method</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">CEO&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Chief Executive Officer</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">CET1&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; common equity tier 1</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">CFO&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Chief Financial Officer</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">CFTC&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; US Commodity Futures Trading
Commission</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">CHF&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Swiss franc</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">CIC&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Corporate &amp; Institutional
Clients</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">CIO&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Chief Investment Office</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">CLS &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Continuous Linked Settlement</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">CMBS&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; commercial mortgage-backed security</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">C&amp;ORC &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Compliance &amp; Operational Risk
Control</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">CRD IV&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; EU Capital Requirements Directive of
2013</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">CRM&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; credit risk mitigation (credit risk)
or comprehensive risk measure (market risk)</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">CRR&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Capital Requirements Regulation</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">CST&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; combined stress test</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">CVA&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; credit valuation adjustment</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;text-indent:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">D</font></b></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">DBO&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; defined benefit obligation</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">DCCP&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Deferred Contingent Capital Plan </font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">DJSI&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Dow Jones Sustainability Indices </font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">DM&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; discount margin</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">DOJ&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; US Department of Justice</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">D-SIB&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; domestic systemically important
bank</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">DTA&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; deferred tax asset</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">DVA&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; debit valuation adjustment</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">E</font></b></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">EAD&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; exposure at default</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">EB&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Executive Board</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">EBA&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; European Banking Authority</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">EC&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; European Commission</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">ECB&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; European Central Bank</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">ECL&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; expected credit loss</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">EIR&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; effective interest rate</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">EL&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; expected loss</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">EMEA&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Europe, Middle East and Africa</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">EOP&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Equity Ownership Plan</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">EPE&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; expected positive exposure</font></p>

<b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font></b><p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">EPS&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; earnings per share</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">ESG &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; environmental, social and
governance</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">ETD&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; exchange-traded derivatives</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">ETF&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; exchange-traded fund</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">EU&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; European Union</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">EUR&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; euro</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Euribor&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Euro Interbank Offered Rate</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">EVE&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; economic value of equity</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">EY&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Ernst &amp; Young (Ltd)</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;font-weight:normal;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;text-indent:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">F</font></b></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">FA&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; financial advisor</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">FCA&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; UK Financial Conduct <br>
Authority</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">FCT&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; foreign currency translation</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">FINMA&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Swiss Financial Market Supervisory
Authority</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">FMIA&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Swiss Financial Market
Infrastructure Act</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">FSB&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Financial Stability Board</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">FTA&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Swiss Federal Tax Administration</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">FVA&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; funding valuation adjustment</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">FVOCI&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; fair value through other
comprehensive income</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">FVTPL&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; fair value through profit or loss</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">FX&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; foreign exchange</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;text-indent:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></b></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;text-indent:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">G</font></b></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">GAAP&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; generally accepted <br>
accounting principles</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">GBP&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; pound sterling</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">GDP&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; gross domestic product</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">GEB&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Group Executive Board</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">GIA&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Group Internal Audit</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">GIIPS&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Greece, Italy, Ireland, <br>
Portugal and Spain </font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">GMD&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Group Managing Director</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">GRI&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Global Reporting Initiative</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">GSE&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; government sponsored entities</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">G-SIB&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; global systemically important bank</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">H</font></b></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">HQLA</font><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">high-quality
liquid assets</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">HR &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; human resources</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>









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<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:3.0pt;">&nbsp;</font></p>

<div style="border:none;border-top:solid #74726F 1.0pt;padding:3.0pt 0mm 0mm 0mm;">

<p style="border:none;margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;padding:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:14.0pt;line-height:16.0pt;">Abbreviations frequently used in our financial
reports (continued)</font></p>

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<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;text-indent:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">I</font></b></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">IAA&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; internal assessment approach</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">IAS&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; International Accounting
Standards</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">IASB&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; International Accounting Standards
Board</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">IBOR &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; interbank offered rate</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">IFRIC&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; International Financial Reporting
Interpretations Committee</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">IFRS&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; International Financial Reporting
Standards</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">IHC &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; intermediate holding company</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">IMA&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; internal models approach</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">IMM&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; internal model method</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">IRB&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; internal ratings-based</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">IRC&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; incremental risk charge</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">IRRBB&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; interest rate risk in the banking
book</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">ISDA&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; International Swaps and
Derivatives Association</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">K</font></b></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">KRT&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Key Risk Taker</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">L</font></b></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">LAS&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; liquidity-adjusted stress</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">LCR&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; liquidity coverage ratio</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">LGD&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; loss given default</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">LIBOR&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; London Interbank Offered Rate</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">LLC&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; limited liability company</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">LRD&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; leverage ratio denominator</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">LTIP&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Long-Term Incentive Plan</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">LTV&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; loan-to-value</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></b></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">M</font></b></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">M&amp;A&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; mergers and acquisitions</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;font-weight:normal;line-height:11.5pt;">MiFID
II&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Markets in Financial Instruments Directive II</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;font-weight:normal;line-height:11.5pt;">MRT&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Material
Risk Taker</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;text-indent:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></b></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;text-indent:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">N</font></b></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">NAV&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; net asset value</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">NCL&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Non-core and Legacy Portfolio</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font><p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">NII&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; net interest income</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">NRV&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; negative replacement value</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">NSFR&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; net stable funding ratio</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">NYSE &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; New York Stock Exchange</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></b></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">O</font></b></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">OCA&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; own credit adjustment</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">OCI&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; other comprehensive income</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">OTC&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; over-the-counter</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">P</font></b></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">PD&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; probability of default&#160;&#160;&#160; </font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">PFE&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; potential future exposure</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">PIT&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; point in time</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">P&amp;L&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; profit or loss</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">POCI &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; purchased or originated credit-impaired</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">PRA&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; UK Prudential Regulation Authority
</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">PRV&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; positive replacement value</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Q</font></b></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">QCCP&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; qualifying central counterparty</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">QRRE&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; qualifying revolving retail
exposures</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;text-indent:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></b></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">R</font></b></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">RBA&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; role-based
allowances</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">RBC&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; risk-based capital</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">RbM&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; risk-based monitoring</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">RMBS&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; residential mortgage-backed
securities</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">RniV&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; risks not in VaR</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">RoAE&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; return on attributed equity</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">RoCET1 &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; return on CET1 capital</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">RoTE&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; return on tangible equity</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">RoU&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; right-of-use</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">RV&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; replacement value</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">RW&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; risk weight</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">RWA&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; risk-weighted assets</font></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;text-indent:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></b></p>

<p style="margin-bottom:0mm;margin-left:0mm;margin-right:0mm;margin-top:0mm;text-indent:0mm;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">S</font></b></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">SA&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; standardized approach</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">SA-CCR&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; standardized approach for counterparty
credit risk</font></p>

<b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font></b><p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">SAR&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; stock appreciation right or
Special Administrative Region</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">SBC &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Swiss Bank Corporation</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">SDG &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Sustainable Development Goal</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">SE&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; structured entity</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">SEC&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; US Securities and Exchange
Commission</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">SEEOP&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Senior Executive Equity Ownership
Plan </font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">SFT&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; securities financing transaction</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">SI&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; sustainable investing</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">SICR&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; significant increase in credit
risk</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">SIX &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; SIX Swiss Exchange</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">SME&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; small and medium-sized entity</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">SMF&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Senior
Management Function</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">SNB&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Swiss National Bank</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">SPPI&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; solely payments of principal and
interest</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">SRB&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; systemically relevant bank</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">SRM&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; specific risk measure</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">SVaR&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; stressed value-at-risk</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></b></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">T</font></b></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">TBTF&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; too big to fail</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">TCJA&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; US Tax Cuts and Jobs Act</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">TLAC&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; total loss-absorbing capacity</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">TTC&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; through-the-cycle</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">U</font></b></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">UBS RESI&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; UBS Real Estate Securities Inc.</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">UoM&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; units of measure </font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">USD&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; US dollar</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">V</font></b></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">VaR&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; value-at-risk</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">VAT&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; value added tax</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">W</font></b></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">WEKO&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Swiss Competition Commission</font></p>

<p style="margin-bottom:0mm;margin-left:53.85pt;margin-right:0mm;margin-top:0mm;text-indent:-53.85pt;"><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>








<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">This is a general list of the abbreviations frequently
used in our financial reporting. Not all of the listed abbreviations may appear
in this particular report.</font></p>

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<p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:11.3pt;"><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Reporting publications</font></b></p>

<p style="margin:0mm;text-align:justify;"><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Annual publications</font></b></p>

<p style="margin:0mm;text-align:justify;"><i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Annual Report (SAP No. 80531):</font></i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">
Published in English, this single-volume report provides descriptions of: our
Group strategy and performance; the strategy and performance of the business
divisions and Group Functions; risk, treasury and capital management; corporate
governance, corporate responsibility and our compensation framework, including
information about compensation for the Board of Directors and the Group
Executive Board members; and financial information, including the financial
statements. </font></p>

<p style="margin:0mm;text-align:justify;"><i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Gesch&#228;ftsbericht (SAP No. 80531):</font></i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">
This publication provides a translation into German of selected sections of our
Annual</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Report. </font></p>

<p style="margin:0mm;text-align:justify;"><i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Annual Review (SAP No. 80530):</font></i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">
This booklet contains key information about our strategy and performance, with
a focus on corporate responsibility at UBS. It is published in English, German,
French and Italian. </font></p>

<p style="margin:0mm;text-align:justify;"><i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Compensation Report (SAP No.
82307):</font></i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;"> This report discusses our compensation framework and provides
information about compensation for the Board of Directors and the Group
Executive Board members. It is available in English and German.</font></p>

<p style="margin:0mm;text-align:justify;"><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></b></p>

<p style="margin:0mm;text-align:justify;"><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Quarterly publications</font></b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;"> &nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The quarterly financial report provides an update on
our strategy and performance for the respective quarter. It is available in
English.</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">How to order publications</font></b></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The annual and quarterly publications are available in
..pdf format at </font><i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">ubs.com/investors</font></i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">, under &#8220;Financial
information,&#8221; and printed copies can be requested from UBS free of charge. For
annual publications, refer to the &#8220;Investor services&#8221; section at </font><i><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">ubs.com/investors</font></i><i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">. </font></i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Alternatively,
they can be ordered by quoting the SAP number and the language preference,
where applicable, from UBS AG, F4UK&#8211;AUL, P.O. Box, CH-8098 Zurich, Switzerland.
</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;"><br clear=all>


</font></b><p style="margin-bottom:11.3pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;"><b><font color=#E60000 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Other information</font></b></p>

<p style="margin:0mm;text-align:justify;"><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Website</font></b></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The &#8220;Investor Relations&#8221; website at </font><i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">ubs.com/investors&nbsp;</font></i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;"> provides the following information about
UBS: news releases; financial information, including results-related filings
with the US Securities and Exchange Commission; information for shareholders,
including UBS share price charts, as well as data and dividend information, and
for bondholders; the UBS corporate calendar; and presentations by management
for investors and financial analysts. Information is available online in
English, with some information also available in German.</font></p>

<p style="margin:0mm;text-align:justify;"><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></b></p>

<p style="margin:0mm;text-align:justify;"><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Results presentations</font></b></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Our quarterly results presentations are webcast live.
Playbacks <br>
of most presentations can be downloaded from </font><i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">ubs.com/presentations</font></i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">.&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></b></p>

<p style="margin:0mm;text-align:justify;"><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:-.1pt;line-height:11.5pt;">Messaging
service</font></b></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:-.1pt;line-height:11.5pt;">Email alerts to news
about UBS can be subscribed for under </font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#8220;</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:-.1pt;line-height:11.5pt;">UBS
News Alert&#8221; at </font><i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:-.1pt;line-height:11.5pt;">ubs.com/global/en/investor-relations/contact/<br>
investor-services.html</font></i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;letter-spacing:-.1pt;line-height:11.5pt;">. Messages are sent in English, German, French or
Italian, with an option to select theme preferences for such alerts.</font></p>

<p style="margin:0mm;text-align:justify;"><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></b></p>

<p style="margin:0mm;text-align:justify;"><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Form 20-F and other submissions to
the US Securities and Exchange Commission</font></b></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">We file periodic reports and submit other information
about UBS to the US Securities and Exchange Commission (the SEC). Principal
among these filings is the annual report on Form 20-F, filed pursuant to the US
Securities Exchange Act of 1934. The filing of Form 20-F is structured as a
wrap-around document. Most sections of the filing can be satisfied by referring
to the combined UBS Group AG and UBS AG annual report. However, there is a
small amount of additional information in Form 20-F that is not presented
elsewhere and is particularly targeted at readers in the US. Readers are
encouraged to refer to this additional disclosure. Any document that we file
with the SEC is&nbsp;available on the SEC&#8217;s website: </font><i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">sec.gov</font></i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">.
Refer to </font><i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">ubs.com/investors&nbsp;</font></i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;"> for more information.</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#160;&nbsp;</font></p>








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<p style="margin:0mm;text-align:justify;"><a name="Cautionary_statement_EN"></a><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">&nbsp;</font></b></p>

<p style="margin:0mm;text-align:justify;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">&nbsp;</font></b></p>

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<p style="border:none;margin:0mm;margin-bottom:8.0pt;padding:0mm;text-align:justify;"><a name="Cautionary_statement_EN_bclEnd"></a><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">Cautionary Statement
Regarding Forward-Looking Statements |</font></b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;"> This report contains statements
that constitute &#8220;forward-looking statements,&#8221; including but not limited to
management&#8217;s outlook for UBS&#8217;s financial performance, statements relating to
the anticipated effect of transactions and strategic initiatives on UBS&#8217;s business
and future development and goals or intentions to achieve climate,
sustainability and other social objectives. While these forward-looking
statements represent UBS&#8217;s judgments, expectations and objectives concerning
the matters described, a number of risks, uncertainties and other important
factors could cause actual developments and results to differ materially from
UBS&#8217;s expectations. The outbreak of COVID-19 and the measures taken in response
to the pandemic have had and may continue to have a significant adverse effect
on global economic activity, and an adverse effect on the credit profile of
some of our clients and other market participants, which has resulted in and
may continue to increase credit loss expense and credit impairments. </font><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">In addition, we face heightened operational risks due
to remote working arrangements, including risks to supervisory and surveillance
controls, as well as increased fraud and data security risks. </font><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">The
unprecedented scale of the measures taken to respond to the pandemic as well as
the uncertainty surrounding vaccine supply, distribution, and efficacy against
mutated virus strains create significantly greater uncertainty about forward-looking
statements. Factors that may affect our performance and ability to achieve our plans,
outlook and other objectives also include, but are not limited to: (i) the
degree to which UBS is successful in the ongoing execution of its strategic
plans, including its cost reduction and efficiency initiatives and its ability
to manage its levels of risk-weighted assets (RWA) and leverage ratio
denominator (LRD), liquidity coverage ratio and other financial resources, including
changes in RWA assets and liabilities arising from higher market volatility;
(ii) the degree to which UBS is successful in implementing changes to its
businesses to meet changing market, regulatory and other conditions; (iii)&nbsp;the
continuing low or negative interest rate environment in Switzerland and other jurisdictions;
(iv) developments (including as a result of the COVID-19 pandemic) in the
macroeconomic climate and in the markets in which UBS operates or to which it
is exposed, including movements in securities prices or liquidity, credit
spreads, and currency exchange rates, and the effects of economic conditions,
market developments, and geopolitical tensions, and changes to national trade
policies on the financial position or creditworthiness of UBS&#8217;s clients and
counterparties as well as on client sentiment and levels of activity; (v)&nbsp;changes
in the availability of capital and funding, including any changes in UBS&#8217;s
credit spreads and ratings, as well as availability and cost of funding to meet
requirements for debt eligible for total loss-absorbing capacity (TLAC); (vi)
changes in or the implementation of financial legislation and regulation in
Switzerland, the US, the UK, the European Union and other financial centers
that have imposed, or resulted in, or may do so in the future, more stringent
or entity-specific capital, TLAC, leverage ratio, net stable funding ratio,
liquidity and funding requirements, heightened operational resilience
requirements, incremental tax requirements, additional levies, limitations on
permitted activities, constraints on remuneration, constraints on transfers of
capital and liquidity and sharing of operational costs across the Group or
other measures, and the effect these will or would have on UBS&#8217;s business
activities; (vii) the degree to which UBS is successful in implementing further
changes to its legal structure to improve its resolvability and meet related
regulatory requirements and the potential need to make further changes to the
legal structure or booking model of UBS Group in response to legal and
regulatory requirements, proposals in Switzerland and other jurisdictions for
mandatory structural reform of banks or systemically important institutions or
to other external developments; (viii) UBS&#8217;s ability to maintain and improve
its systems and controls for the detection and prevention of money laundering
and compliance with sanctions to meet evolving regulatory requirements and
expectations, in particular in the US; (ix) the uncertainty arising from the UK&#8217;s
exit from the EU; (x) changes in UBS&#8217;s competitive position, including whether
differences in regulatory capital and other requirements among the major
financial centers will adversely affect UBS&#8217;s ability to compete in certain
lines of business; (xi) changes in the standards of conduct applicable to our
businesses that may result from new regulations or new enforcement of existing
standards, including measures to impose new and enhanced duties when
interacting with customers and in the execution and handling of customer
transactions; (xii) the liability to which UBS may be exposed, or possible
constraints or sanctions that regulatory authorities might impose on UBS, due
to litigation, contractual claims and regulatory investigations, including the
potential for disqualification from certain businesses, potentially large fines
or monetary penalties, or the loss of licenses or privileges as a result of
regulatory or other governmental sanctions, as well as the effect that
litigation, regulatory and similar matters have on the operational risk
component of our RWA as well as the amount of capital available for return to
shareholders; (xiii) the effects on UBS&#8217;s cross-border banking business of tax
or regulatory developments and of possible changes in UBS&#8217;s policies and
practices relating to this business; (xiv) UBS&#8217;s ability to retain and attract
the employees necessary to generate revenues and to manage, support and control
its businesses, which may be affected by competitive factors; (xv)&nbsp;changes
in accounting or tax standards or policies, and determinations or
interpretations affecting the recognition of gain or loss, the valuation of
goodwill, the recognition of deferred tax assets and other matters; (xvi) UBS&#8217;s
ability to implement new technologies and business methods, including digital
services and technologies, and ability to successfully compete with both existing
and new financial service providers, some of which may not be regulated to the
same extent; (xvii) limitations on the effectiveness of UBS&#8217;s internal
processes for risk management, risk control, measurement and modeling, and of
financial models generally; (xviii) the occurrence of operational failures,
such as fraud, misconduct, unauthorized trading, financial crime, cyberattacks and
systems failures, the risk of which is increased while COVID-19 control measures
require large portions of the staff of both UBS and its service providers to
work remotely; (xix) restrictions on the ability of UBS Group AG to make
payments or distributions, including due to restrictions on the ability of its
subsidiaries to make loans or distributions, directly or indirectly, or, in the
case of financial difficulties, due to the exercise by FINMA or the regulators
of UBS&#8217;s operations in other countries of their broad statutory powers in
relation to protective measures, restructuring and liquidation proceedings; (xx)
the degree to which changes in regulation, capital or legal structure,
financial results or other factors may affect UBS&#8217;s ability to maintain its
stated capital return objective; (xxi) uncertainty over the scope of actions
that may be required by UBS, governments and others to achieve goals relating
to climate, environmental and social matters as well as the evolving nature of
underlying science and industry and governmental standards, and (xxii) the
effect that these or other factors or unanticipated events may have on our
reputation and the additional consequences that this may have on our business
and performance. The sequence in which the factors above are presented is not
indicative of their likelihood of occurrence or the potential magnitude of
their consequences. Our business and financial performance could be affected by
other factors identified in our past and future filings and reports, including
those filed with the SEC. More detailed information about those factors is set
forth in documents furnished by UBS and filings made by UBS with the SEC,
including UBS&#8217;s Annual Report on Form 20-F for the year ended 31&nbsp;December
2020. UBS is not under any obligation to (and expressly disclaims any
obligation to) update or alter its forward-looking statements, whether as a
result of new information, future events, or otherwise.</font></p>

<p style="border:none;margin:0mm;margin-bottom:8.0pt;padding:0mm;text-align:justify;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">Rounding |</font></b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;"> Numbers presented throughout this report may not
add up precisely to the totals provided in the tables and text. Percentages and
percent changes are calculated on the basis of unrounded figures. Information
about absolute changes between reporting periods, which is provided in text and
which can be derived from figures displayed in the tables, is calculated on a
rounded basis.</font></p>

<p style="border:none;margin:0mm;padding:0mm;text-align:justify;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">Tables |</font></b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:7.5pt;line-height:8.5pt;">
Within tables, blank fields generally indicate that the field is not applicable
or not meaningful, or that information is not available as of the relevant date
or for the relevant period. Zero values generally indicate that the respective
figure is zero on an actual or rounded basis. Percentage changes are presented
as a mathematical calculation of the change between periods.</font></p>



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<p style="margin:0mm;text-align:justify;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">UBS
Group AG</font></p>

<p style="margin:0mm;text-align:justify;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">P.O.
Box</font></p>

<p style="margin:0mm;text-align:justify;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=DE-CH style="font-size:9.0pt;line-height:11.5pt;">CH-8098 </font><font face="Frutiger 45 Light,sans-serif" lang=DE-CH style="font-size:9.0pt;line-height:11.5pt;">Zurich&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=DE-CH style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=DE-CH style="font-size:9.0pt;line-height:11.5pt;text-decoration:none;">ubs.com</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=DE-CH style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=DE-CH style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=DE-CH style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=DE-CH style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=DE-CH style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=DE-CH style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0mm;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=DE-CH style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin-bottom:6.0pt;margin-left:0mm;margin-right:0mm;margin-top:6.0pt;"><img border=0 height=40 id="Picture 100001" src="edgarq21ubsgroupagx109x0.gif" width=110></p>








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</DIV>
<p style="background:white;margin:0mm;text-align:justify;"><b><font color=black face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">Risk factor<a name="RG_MARKER_137593_bclEnd"></a><a name="RG_MARKER_137670_bclEnd"></a></font></b></p>

<p style="background:white;margin:0mm;text-align:justify;"><b><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">&nbsp;</font></b></p>

<p style="background:white;margin:0mm;text-align:justify;"><b><font color=black face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">We
may be unable to fully realize our sustainability, climate, environmental and
social goals which could damage our business prospects, reputation and lead to
increased regulatory scrutiny and increased risk of litigation.</font></b></p>

<p style="background:white;margin:0mm;text-align:justify;"><font color=windowtext face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;font-weight:normal;layout-grid-mode:line;">&nbsp;</font></p>

<p style="background:white;margin:0mm;text-align:justify;"><font color=black face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">We
have set ambitious goals for environmental, social and governance matters.
These goals include our ambitions for environmental sustainability in our
operations, including carbon emissions, in the business we do with clients and
in products that we offer. They also include goals or ambitions for diversity
in our workforce and supply chain and support for the United Nations
Sustainable Development Goals. There is substantial uncertainty as to the scope
of actions that may be required of us, governments and others to achieve the
goals we have set and many of our goals and objectives are only achievable with
a combination of government and private action. National and international
standards, industry and scientific practices, and regulatory taxonomies
addressing these matters are&#160; in many cases still being developed or are likely
to change and are subject to different interpretations. Although we have
defined our goals based on the standards that exist today, there can be no
assurance that these standards will not be interpreted differently than our
understanding or change in a manner that substantially increases the cost or
effort for us to achieve such goals or that such goals may prove to be
considerably more difficult or even impossible to achieve. If we are not able
to achieve the goals we have set, or can only do so at significant expense to
our business, we may fail to meet regulatory expectations, incur damage to our
reputation or be exposed to risk of litigation or other adverse action.</font></p>


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</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_112"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <p style="border:none;margin:0mm;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font color=#006600 face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>

</DIV>
<p style="margin-bottom:12.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;text-align:justify;text-indent:0mm;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">This Form 6-K is hereby
incorporated by reference into (1) each of the registration statements of UBS
AG on Form F-3 (Registration Number 333-253432), and of UBS Group AG on Form
S-8 (Registration Numbers 333-200634; 333-200635; 333-200641; 333-200665;
333-215254; 333-215255; 333-228653; 333-230312; and 333-249143), and into each
prospectus outstanding under any of the foregoing registration statements, (2)
any outstanding offering circular or similar document issued or authorized by
UBS AG that incorporates by reference any Form 6-K&#8217;s of UBS AG that are
incorporated into its registration statements filed with the SEC, and (3) the
base prospectus of Corporate Asset Backed Corporation (&#8220;CABCO&#8221;) dated June 23,
2004 (Registration Number 333-111572), the Form 8-K of CABCO filed and dated
June 23, 2004 (SEC File Number 001-13444), and the Prospectus Supplements
relating to the CABCO Series 2004-101 Trust dated May 10, 2004 and May 17, 2004
(Registration Number 033-91744 and 033-91744-05).</font></p>





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<p style="margin:0mm;text-align:center;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;layout-grid-mode:line;">SIGNATURES</font></b></p>

<p align=center style="margin:0mm;text-align:center;"><b><font color=red face=Helvetica,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></b></p>

<p style="margin:0mm;text-indent:36.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrants have duly caused this report to be signed
on their behalf by the undersigned, thereunto duly authorized.</font></p>

<p style="margin:0mm;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin:0mm;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin:0mm;text-indent:216.0pt;"><font face="Times New Roman,serif" lang=EN-GB style="font-size:11.0pt;layout-grid-mode:line;">UBS Group AG</font></p>

<p style="margin:0mm;"><font face="Times New Roman,serif" lang=EN-GB style="font-size:11.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin:0mm;"><font face="Times New Roman,serif" lang=EN-GB style="font-size:11.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin:0mm;"><font face="Times New Roman,serif" lang=EN-GB style="font-size:11.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin:0mm;text-indent:216.0pt;"><font face="Times New Roman,serif" lang=EN-GB style="font-size:11.0pt;layout-grid-mode:line;">By: _</font><u><font face="Times New Roman,serif" lang=EN-GB style="font-size:11.0pt;layout-grid-mode:line;">/s/&#160;&#160; </font></u><u><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">Ralph Hamers </font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">_______________&nbsp;</font></p>

<p style="margin:0mm;text-indent:234.0pt;"><font face="Times New Roman,serif" lang=EN-GB style="font-size:11.0pt;layout-grid-mode:line;">Name:&#160; </font><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">Ralph Hamers</font></p>

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<p style="margin:0mm;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin:0mm;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin:0mm;text-indent:216.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">By: _</font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">/s/ Kirt Gardner</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">__________________&nbsp;</font></p>

<p style="margin:0mm;text-indent:234.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">Name:&#160; Kirt Gardner</font></p>

<p style="margin:0mm;text-indent:234.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">Title:&#160;&#160;&#160; Group Chief Financial Officer</font></p>

<p style="margin:0mm;text-indent:234.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin:0mm;text-indent:234.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin:0mm;text-indent:216.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">By: _</font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">/s/ Christopher Castello&#160; </font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">___________&nbsp;</font></p>

<p style="margin:0mm;text-indent:216.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">&#160;&#160;&#160;&#160;&#160; Name: Christopher Castello</font></p>

<p style="margin:0mm;text-indent:216.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">&#160;&#160;&#160;&#160;&#160; Title: Group Controller and</font></p>

<p style="margin:0mm;text-indent:216.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Chief Accounting Officer</font></p>

<p style="margin:0mm;text-indent:234.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin:0mm;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin:0mm;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin:0mm;text-indent:216.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">UBS AG</font></p>

<p style="margin:0mm;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin:0mm;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin:0mm;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin:0mm;text-indent:216.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">By: </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">&#160;&#160;&#160;&#160;/s/ Ralph Hamers </font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">________________&nbsp;</font></p>

<p style="margin:0mm;text-indent:234.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">Name:&#160; Ralph Hamers</font></p>

<p style="margin:0mm;text-indent:234.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">Title:&#160;&#160;&#160; President of the Executive Board</font></p>

<p style="margin:0mm;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin:0mm;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin:0mm;text-indent:216.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">By: </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">&#160;&#160;&#160;&#160;/s/ Kirt Gardner&#160; </font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">_________________&nbsp;</font></p>

<p style="margin:0mm;text-indent:234.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">Name:&#160; Kirt Gardner</font></p>

<p style="margin:0mm;text-indent:234.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">Title:&#160;&#160;&#160; Chief Financial Officer</font></p>

<p style="margin:0mm;text-indent:234.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin:0mm;text-indent:234.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin:0mm;text-indent:216.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">By: </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">&#160;&#160;&#160;&#160;/s/ Christopher Castello&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">_____&nbsp;</font></p>

<p style="margin:0mm;text-indent:216.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">&#160;&#160;&#160;&#160;&#160; Name:  Christopher Castello</font></p>

<p style="margin:0mm;text-indent:216.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">&#160;&#160;&#160;&#160;&#160; Title: &#160;&#160; Controller and Chief Accounting Officer</font></p>

<p style="margin:0mm;text-indent:234.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin:0mm;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin:0mm;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin:0mm;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin:0mm;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">Date:&#160; April 27, 2021</font></p>

<p style="margin:0mm;text-align:center;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">&nbsp;</font></b></p>

<p align=center style="margin-bottom:12.0pt;margin-left:0mm;margin-right:0mm;margin-top:0mm;text-align:center;text-indent:36.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">&nbsp;</font></p>




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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
