UBS Wealth Management in the United Kingdom: The materials on the UBS Website are distributed to customers of UBS Wealth Management in the United Kingdom by UBS AG, London Branch registered as a branch in England and Wales Branch No. BR004507 at 1 Finsbury Avenue, London EC2M 2PP. UBS AG, London Branch is authorised and regulated by the Financial Market Supervisory Authority in Switzerland. It is authorised by the Prudential Regulation Authority and subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority.

UBS Investment Bank in the United Kingdom: The materials on the UBS Website are distributed to customers of UBS Investment Bank in the United Kingdom by UBS Limited, a company registered in England & Wales and a subsidiary of UBS AG, Company Number 2035362, of 1 Finsbury Avenue, London, EC2M 2PP, United Kingdom, VAT Number (GB) 447151456. UBS Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

UBS Global Asset Management in the United Kingdom: UBS Global Asset Management (UK) Ltd is a subsidiary of UBS AG. Registered in England and authorised and regulated by the Financial Services Authority: UBS Global Asset Management (UK) Ltd, UBS Global Asset Management Funds Ltd, UBS Global Asset Management Life Ltd. Telephone calls may be recorded.

Persons dealing with UBS or other members of the UBS Group outside the UK are not covered by the rules and regulations made for the protection of investors in the UK.