UBS AG

This report and the

information contained herein

are provided solely for

information purposes and

are not to

be construed as

solicitation

of an offer to buy or sell any

securities or other financial instruments in Switzerland, the United

States or any other jurisdiction. No investment decision relating

to securities of or relating to UBS Group

AG, UBS AG or their affiliates should be made on

the basis of this report. Refer to UBS’s most

recent annual report on

Form 20-

F,

quarterly reports and

other information furnished

to or filed

with the US

Securities and Exchange

Commission (the SEC)

on Form 6-K,

available at

, for additional information.

Rounding |

Numbers presented throughout this report may not add up precisely to the totals provided in the tables and

text. Percentages and percent changes

disclosed in text and

tables are calculated

on the basis of

unrounded figures. Absolute

changes between reporting

periods disclosed in the

text, which can be

derived from numbers presented in related tables, are calculated on a rounded basis.

Tables

|

Within tables, blank fields generally

indicate non-applicability or that

presentation of any content

would not be 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. Values

that are zero on a rounded basis can be either negative or positive on an actual basis.

Websites |

In this report, any

website addresses are provided

solely for information

and are not intended

to be active

links. UBS does

not incorporate the

contents

of any such websites into this report.

P.O. Box

CH-8098 Zurich

ubs.com

SIGNATURES

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.

By: _/s/ David Kelly _____________

Name:

David Kelly

Title:

Managing Director

By: _/s/ Ella Copetti-Campi ______________

Name:

Ella Copetti-Campi

Title:

Executive Director

UBS AG

By: _/s/ David Kelly _____________

Name:

David Kelly

Title:

Managing Director

By: _/s/ Ella Copetti-Campi ______________

Name:

Ella Copetti-Campi

Title:

Executive Director

Date:

August 14, 2026