<SEC-DOCUMENT>0001610520-23-000181.txt : 20231115
<SEC-HEADER>0001610520-23-000181.hdr.sgml : 20231115
<ACCEPTANCE-DATETIME>20231115110919
ACCESSION NUMBER:		0001610520-23-000181
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20231115
FILED AS OF DATE:		20231115
DATE AS OF CHANGE:		20231115

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:		231409512

	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:		231409513

	BUSINESS ADDRESS:	
		STREET 1:		BAHNHOFSTRASSE 45
		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>newsrelease6k20231511.htm
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<div id="a2" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:12px;font-weight:300;left:94.59px;top:1070.96px;"><div style="display:inline-block;width:3.36px">&#160;</div></div><div id="a6" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:21.28px;font-weight:bold;left:311.91px;top:160.77px;">UNITED STATES </div><div id="a8" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:21.28px;font-weight:bold;left:167.23px;top:185.25px;">SECURITIES AND EXCHANGE COMMISSION</div><div id="a10" style="position:absolute;font-family:&apos;Times New Roman&apos;;left:323.75px;top:209.64px;">Washington, D.C. 20549 </div><div id="a12" style="position:absolute;font-family:&apos;Times New Roman&apos;;left:334.63px;top:226.44px;">_________________ </div><div id="a15" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:29.28px;font-weight:bold;left:324.87px;top:260.67px;">FORM 6-K</div><div id="a20" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:17.28px;font-weight:bold;left:229.31px;top:311.14px;">REPORT OF FOREIGN PRIVATE<div style="display:inline-block;width:9.06px">&#160;</div>ISSUER </div><div id="a23" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:17.28px;font-weight:bold;left:206.75px;top:347.94px;">PURSUANT TO RULE 13a-16 OR 15d-16 UNDER </div><div id="a29" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:17.28px;font-weight:bold;left:217.47px;top:367.82px;">THE SECURITIES EXCHANGE ACT OF 1934 </div><div id="a32" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-weight:bold;left:317.83px;top:404.4px;">Date: November 15, 2023</div><div id="a37" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:22.08px;font-weight:bold;left:322.31px;top:438.16px;">UBS Group AG </div><div id="a39" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:13.28px;left:343.75px;top:463.47px;">(Registrant's Name)</div><div id="a41" style="position:absolute;font-family:&apos;Times New Roman&apos;;left:264.55px;top:478.64px;">Bahnhofstrasse 45, 8001 Zurich, Switzerland </div><div id="a43" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:13.28px;left:293.67px;top:495.79px;">(Address of principal executive office)</div><div id="a45" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-weight:bold;left:287.91px;top:510.96px;">Commission File Number: 1-36764 </div><div id="a50" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:22.08px;font-weight:bold;left:356.23px;top:544.72px;">UBS AG</div><div id="a52" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:13.28px;left:343.75px;top:570.03px;">(Registrant's Name)</div><div id="a54" style="position:absolute;font-family:&apos;Times New Roman&apos;;left:264.55px;top:585.2px;">Bahnhofstrasse 45, 8001 Zurich, Switzerland </div><div id="a56" style="position:absolute;font-family:&apos;Times New Roman&apos;;left:267.27px;top:602.16px;">Aeschenvorstadt 1, 4051 Basel, Switzerland<div style="display:inline-block;width:2.75px">&#160;</div></div><div id="a59" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:13.28px;left:291.11px;top:619.18px;">(Address of principal executive offices)</div><div id="a61" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-weight:bold;left:287.91px;top:634.34px;">Commission File Number: 1-15060</div><div id="a64" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:22.08px;font-weight:bold;left:505.85px;top:627.63px;"><div style="display:inline-block;width:5.44px">&#160;</div></div><div id="a69" style="position:absolute;font-family:&apos;Times New Roman&apos;;left:109.31px;top:701.86px;">Indicate by check mark whether the registrants file or will file annual<div style="display:inline-block;width:2.26px">&#160;</div>reports under cover of Form </div><div id="a70" style="position:absolute;font-family:&apos;Times New Roman&apos;;left:339.91px;top:718.66px;">20-F or Form 40-</div><div id="a74" style="position:absolute;font-family:&apos;Times New Roman&apos;;left:442.33px;top:718.66px;">F. </div><div id="a77" style="position:absolute;font-family:&apos;Times New Roman&apos;;left:255.59px;top:766.18px;">Form 20-F<div style="display:inline-block;width:7.17px">&#160;</div></div><div id="a80" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:29.28px;left:326.15px;top:752.9px;">&#9746;</div><div id="a81" style="position:absolute;font-family:&apos;Times New Roman&apos;;left:357.19px;top:766.18px;"><div style="display:inline-block;width:84.51px">&#160;</div>Form 40-F<div style="display:inline-block;width:7.17px">&#160;</div></div><div id="a85" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:29.28px;left:512.25px;top:752.9px;">&#9744;</div></div>
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<div id="a89" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:12px;font-weight:300;left:94.59px;top:1070.96px;"><div style="display:inline-block;width:3.36px">&#160;</div></div><div id="a93" style="position:absolute;font-family:&apos;Times New Roman&apos;;left:94.59px;top:125.64px;">This Form 6-K consists of the news release which appear immediately<div style="display:inline-block;width:2.29px">&#160;</div>following this page. </div></div>
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<img src="newsrelease6k20231511p3i0.gif" alt="newsrelease6k20231511p3i0" style="position:absolute;left:55.4px;top:34.2px;width:109.5px;height:40.4px;clip: rect(0px, 109.5px, 40.4px, 0px)">
<div id="a99" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:10.72px;font-weight:300;left:540.73px;top:38.23px;">Investor Relations </div><div id="a101" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:10.72px;font-weight:300;left:540.73px;top:52.95px;">Tel. +41-44-234 41 00 </div><div id="a107" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:10.72px;font-weight:300;left:540.73px;top:77.43px;">Media Relations </div><div id="a109" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:10.72px;font-weight:300;left:540.73px;top:95.03px;">Tel. +41-44-234 85 00 </div><div id="a115" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:10.08px;font-weight:300;left:68.16px;top:1058.31px;">UBS Group AG, News Release, 15 November 2023<div style="display:inline-block;width:400.4px">&#160;</div>Page 1 </div><div id="a122" style="position:absolute;font-family:&apos;Frutiger&apos;;font-weight:300;left:70.08px;top:151.25px;">15 November 2023 </div><div id="a126" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:12.64px;font-weight:300;left:70.08px;top:210.43px;">Ad hoc announcement pursuant to Article 53 of the SIX Exchange Regulation Listing Rules </div><div id="a128" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:42.72px;font-weight:300;left:70.08px;top:232.46px;">News Release </div><div id="a130" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:18.72px;font-weight:bold;left:68.16px;top:330.04px;">French Supreme Court refers UBS legacy matter to Appeals Court </div><div id="a132" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:14.08px;font-weight:300;left:68.16px;top:378.6px;">Zurich, 15 November 2023 &#8211; The French Supreme Court<div style="display:inline-block;width:2.51px">&#160;</div>issued a judgement today on a legacy matter<div style="display:inline-block;width:2.57px">&#160;</div>related </div><div id="a140" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:14.08px;font-weight:300;left:68.16px;top:396.36px;">to UBS&#8217;s cross-border business activities in France between<div style="display:inline-block;width:2.55px">&#160;</div>2004 and 2012.</div><div id="a145" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:14.08px;font-weight:300;left:68.16px;top:431.72px;">The Supreme Court upheld the previous court decision<div style="display:inline-block;width:2.57px">&#160;</div>regarding unlawful client solicitation and aggravated </div><div id="a146" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:14.08px;font-weight:300;left:68.16px;top:449.48px;">laundering of the proceeds of tax fraud, while overturning<div style="display:inline-block;width:2.1px">&#160;</div>the confiscation of EUR 1bn, the fine<div style="display:inline-block;width:2.56px">&#160;</div>of EUR </div><div id="a147" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:14.08px;font-weight:300;left:68.16px;top:467.08px;">3.75m and EUR 800m in civil damages awarded to the<div style="display:inline-block;width:2.39px">&#160;</div>French state. The case is now being referred back to </div><div id="a151" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:14.08px;font-weight:300;left:68.16px;top:484.84px;">the Paris Court of Appeal, which will reconsider the<div style="display:inline-block;width:2.57px">&#160;</div>overturned elements and deliver<div style="display:inline-block;width:2.51px">&#160;</div>its judgement after a </div><div id="a152" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:14.08px;font-weight:300;left:68.16px;top:502.44px;">new trial. </div><div id="a155" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:14.08px;font-weight:300;left:68.16px;top:537.8px;">While UBS is pleased that the highest court in<div style="display:inline-block;width:2.47px">&#160;</div>France agrees with its position on these important<div style="display:inline-block;width:2.54px">&#160;</div>aspects of </div><div id="a156" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:14.08px;font-weight:300;left:68.16px;top:555.56px;">the legal case, UBS is disappointed that the French Supreme<div style="display:inline-block;width:2.52px">&#160;</div>Court has confirmed the previous court decision </div><div id="a157" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:14.08px;font-weight:300;left:68.16px;top:573.16px;">regarding unlawful client solicitation and aggravated laundering<div style="display:inline-block;width:2.32px">&#160;</div>of the proceeds of tax fraud despite the </div><div id="a159" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:14.08px;font-weight:300;left:68.16px;top:590.92px;">treaty between Europe and Switzerland on the taxation<div style="display:inline-block;width:2.57px">&#160;</div>of savings income and a lack of specific evidence<div style="display:inline-block;width:2.3px">&#160;</div>for </div><div id="a160" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:14.08px;font-weight:300;left:68.16px;top:608.54px;">the alleged facts. UBS continues to maintain<div style="display:inline-block;width:2.45px">&#160;</div>that it acted in accordance with all applicable laws<div style="display:inline-block;width:2.55px">&#160;</div>and </div><div id="a163" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:14.08px;font-weight:300;left:68.16px;top:626.3px;">regulations at all times. UBS will defend itself in the<div style="display:inline-block;width:2.56px">&#160;</div>forthcoming trial. </div><div id="a167" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:14.08px;font-weight:bold;left:68.16px;top:681.81px;">UBS Group AG </div><div id="a169" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:14.08px;font-weight:300;left:68.16px;top:697.98px;">Investor Relations:</div><div id="a171" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:14.08px;font-weight:300;left:68.16px;top:715.58px;">Switzerland:<div style="display:inline-block;width:5.86px">&#160;</div>+41-44-234 41 00 </div><div id="a180" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:14.08px;font-weight:300;left:68.16px;top:750.94px;">Media Relations: </div><div id="a182" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:14.08px;font-weight:300;left:68.16px;top:768.7px;">Switzerland:<div style="display:inline-block;width:5.86px">&#160;</div>+41-44-234 85 00 </div><div id="a190" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:14.08px;font-weight:300;left:68.16px;top:786.3px;">UK:<div style="display:inline-block;width:57.48px">&#160;</div>+44-207-567 47 14 </div><div id="a198" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:14.08px;font-weight:300;left:68.16px;top:804.06px;">Americas:<div style="display:inline-block;width:20.73px">&#160;</div>+1-212-882 58 58 </div><div id="a206" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:14.08px;font-weight:300;left:68.16px;top:821.66px;">APAC:<div style="display:inline-block;width:41.31px">&#160;</div>+852-297-1 82 00 </div><div id="a215" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:14.08px;font-weight:300;left:68.16px;top:857.18px;">www.ubs.com/media</div></div>
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<img src="newsrelease6k20231511p3i0.gif" alt="newsrelease6k20231511p3i0" style="position:absolute;left:55.4px;top:34.2px;width:109.5px;height:40.4px;clip: rect(0px, 109.5px, 40.4px, 0px)">
<div id="a219" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:10.72px;font-weight:300;left:540.73px;top:38.23px;">Investor Relations </div><div id="a221" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:10.72px;font-weight:300;left:540.73px;top:52.95px;">Tel. +41-44-234 41 00 </div><div id="a227" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:10.72px;font-weight:300;left:540.73px;top:77.43px;">Media Relations </div><div id="a229" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:10.72px;font-weight:300;left:540.73px;top:95.03px;">Tel. +41-44-234 85 00 </div><div id="a235" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:10.08px;font-weight:300;left:68.16px;top:1058.31px;">UBS Group AG, News Release, 15 November 2023<div style="display:inline-block;width:400.4px">&#160;</div>Page 2 </div><div id="a242" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:12px;font-weight:bold;left:68.16px;top:152.01px;">Disclaimer</div><div id="a244" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:12px;font-weight:300;left:68.16px;top:167.01px;">This document contains statements that constitute &#8220;forward-looking statements.&#8221; While these forward-looking statements </div><div id="a249" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:12px;font-weight:300;left:68.16px;top:181.73px;">represent UBS&#8217;s judgments and expectations concerning the matters described, a number of risks, uncertainties and other </div><div id="a250" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:12px;font-weight:300;left:68.16px;top:196.45px;">important factors could cause actual developments and results to differ materially from UBS&#8217;s expectations. For a discussion of </div><div id="a253" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:12px;font-weight:300;left:68.16px;top:211.01px;">the risks and uncertainties that may affect UBS&#8217;s future results please refer to the &#8220;Risk Factors&#8221; and other sections of UBS&#8217;s </div><div id="a255" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:12px;font-weight:300;left:68.16px;top:225.73px;">most recent Annual Report on Form 20-F,<div style="display:inline-block;width:5.12px">&#160;</div>risk factors filed by UBS Group AG with the SEC on 31 August 2023 in Form 6-K, </div><div id="a261" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:12px;font-weight:300;left:68.16px;top:240.45px;">quarterly reports and other information furnished to or filed with the US Securities and Exchange Commission on Form 6-K. </div><div id="a264" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:12px;font-weight:300;left:68.16px;top:255.01px;">UBS&#8217;s Annual Report on Form 20-F,<div style="display:inline-block;width:4.87px">&#160;</div>quarterly reports and other information furnished to or filed with the US Securities and </div><div id="a268" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:12px;font-weight:300;left:68.16px;top:269.73px;">Exchange Commission on Form 6-K are also available at the SEC&#8217;s website: </div><div id="a271" style="position:absolute;font-family:&apos;Frutiger&apos;;font-size:12px;font-weight:300;color:#222222;left:454.33px;top:269.73px;">www.sec.gov.</div></div>
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<div id="a297" style="position:absolute;font-family:&apos;Times New Roman&apos;;left:56.8px;top:151.4px;">This Form 6-K is hereby incorporated by reference into (1) each of the<div style="display:inline-block;width:2.34px">&#160;</div>registration statements on Form </div><div id="a300" style="position:absolute;font-family:&apos;Times New Roman&apos;;left:56.8px;top:168.2px;">F-3 (Registration Numbers 333-263376</div><div id="a306" style="position:absolute;font-family:&apos;Times New Roman&apos;;left:297.03px;top:168.2px;">and 333-272452), and on Form S-8 (Registration Numbers </div><div id="a311" style="position:absolute;font-family:&apos;Times New Roman&apos;;left:56.8px;top:185.16px;">333-200634; 333-200635; 333-200641; 333-200665; 333-215254; 333-215255;<div style="display:inline-block;width:2.14px">&#160;</div>333-228653; 333-</div><div id="a327" style="position:absolute;font-family:&apos;Times New Roman&apos;;left:56.8px;top:201.96px;">230312; 333-249143 and 333-272975), and into each prospectus outstanding<div style="display:inline-block;width:2.34px">&#160;</div>under any of the </div><div id="a332" style="position:absolute;font-family:&apos;Times New Roman&apos;;left:56.8px;top:218.92px;">foregoing registration statements, (2) any outstanding offering circular or similar document<div style="display:inline-block;width:2.28px">&#160;</div>issued or </div><div id="a334" style="position:absolute;font-family:&apos;Times New Roman&apos;;left:56.8px;top:235.72px;">authorized by UBS AG that incorporates by reference any Forms 6-K<div style="display:inline-block;width:2.35px">&#160;</div>of UBS AG that are </div><div id="a338" style="position:absolute;font-family:&apos;Times New Roman&apos;;left:56.8px;top:252.52px;">incorporated into its registration statements filed with the SEC,<div style="display:inline-block;width:2.31px">&#160;</div>and (3) the base prospectus of </div><div id="a339" style="position:absolute;font-family:&apos;Times New Roman&apos;;left:56.8px;top:269.48px;">Corporate Asset Backed Corporation (&#8220;CABCO&#8221;) dated June 23, 2004<div style="display:inline-block;width:2.31px">&#160;</div>(Registration Number 333-</div><div id="a341" style="position:absolute;font-family:&apos;Times New Roman&apos;;left:56.8px;top:286.28px;">111572), the Form 8-K of CABCO filed and dated June 23, 2004 (SEC File Number 001-13444), and </div><div id="a346" style="position:absolute;font-family:&apos;Times New Roman&apos;;left:56.8px;top:303.24px;">the Prospectus Supplements relating to the CABCO Series 2004-101 Trust dated May 10, 2004<div style="display:inline-block;width:2.24px">&#160;</div>and </div><div id="a349" style="position:absolute;font-family:&apos;Times New Roman&apos;;left:56.8px;top:320.2px;">May 17, 2004 (Registration Number 033-91744 and 033-91744-05). </div></div>
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<div id="a380" style="position:absolute;font-family:&apos;Times New Roman&apos;;left:337.51px;top:151.56px;">SIGNATURES </div><div id="a382" style="position:absolute;font-family:&apos;Times New Roman&apos;;left:104.83px;top:184.2px;">Pursuant to the requirements of the Securities Exchange Act of 1934, the<div style="display:inline-block;width:2.3px">&#160;</div>registrants have duly </div><div id="a383" style="position:absolute;font-family:&apos;Times New Roman&apos;;left:56.8px;top:201.16px;">caused this report to be signed on their behalf by the undersigned, thereunto<div style="display:inline-block;width:2.17px">&#160;</div>duly authorized. </div><div id="a389" style="position:absolute;font-family:&apos;Times New Roman&apos;;left:344.87px;top:268.52px;">UBS Group AG</div><div id="a397" style="position:absolute;font-family:&apos;Times New Roman&apos;;left:344.87px;top:336.04px;">By: _/s/ David Kelly______________</div><div id="a401" style="position:absolute;font-family:&apos;Times New Roman&apos;;left:344.87px;top:352.84px;">Name:<div style="display:inline-block;width:7.32px">&#160;</div>David Kelly</div><div id="a406" style="position:absolute;font-family:&apos;Times New Roman&apos;;left:344.87px;top:369.84px;">Title:<div style="display:inline-block;width:15.19px">&#160;</div>Managing Director</div><div id="a415" style="position:absolute;font-family:&apos;Times New Roman&apos;;left:344.87px;top:420.4px;">By: _/s/ Ella Campi_______________</div><div id="a419" style="position:absolute;font-family:&apos;Times New Roman&apos;;left:344.87px;top:437.36px;">Name:<div style="display:inline-block;width:7.32px">&#160;</div>Ella Campi</div><div id="a424" style="position:absolute;font-family:&apos;Times New Roman&apos;;left:344.87px;top:454.16px;">Title:<div style="display:inline-block;width:15.19px">&#160;</div>Executive Director</div><div id="a433" style="position:absolute;font-family:&apos;Times New Roman&apos;;left:344.87px;top:504.72px;">UBS AG</div><div id="a441" style="position:absolute;font-family:&apos;Times New Roman&apos;;left:344.87px;top:572.24px;">By: _/s/ David Kelly______________</div><div id="a446" style="position:absolute;font-family:&apos;Times New Roman&apos;;left:344.87px;top:589.04px;">Name:<div style="display:inline-block;width:7.32px">&#160;</div>David Kelly<div style="display:inline-block;width:43.83px">&#160;</div></div><div id="a452" style="position:absolute;font-family:&apos;Times New Roman&apos;;left:344.87px;top:606px;">Title:<div style="display:inline-block;width:15.19px">&#160;</div>Managing Director</div><div id="a461" style="position:absolute;font-family:&apos;Times New Roman&apos;;left:344.87px;top:656.58px;">By: _/s/ Ella Campi_______________</div><div id="a465" style="position:absolute;font-family:&apos;Times New Roman&apos;;left:344.87px;top:673.38px;">Name:<div style="display:inline-block;width:7.32px">&#160;</div>Ella Campi</div><div id="a470" style="position:absolute;font-family:&apos;Times New Roman&apos;;left:344.87px;top:690.34px;">Title:<div style="display:inline-block;width:15.19px">&#160;</div>Executive Director</div><div id="a480" style="position:absolute;font-family:&apos;Times New Roman&apos;;left:56.8px;top:791.46px;">Date:<div style="display:inline-block;width:7.32px">&#160;</div>November 15, 2023 </div></div>
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