The Materials relating to equities, fixed income products, corporate finance and other securities business, and related research, are distributed in Japan by UBS Securities Japan Ltd. The Materials relating to foreign exchange and other banking business, and related research, are distributed in Japan by UBS AG, Tokyo Branch.

The Materials relating to discretionary investment management and investment trust management for equities, fixed income and the other asset management business including alternative investments, are distributed in Japan by UBS Global Asset Management (Japan) Ltd.