UBS Investor Sentiment

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Sustainable investing strategies aim to incorporate environmental, social and governance (ESG) considerations into investment process and portfolio construction. Strategies across geographies and styles approach ESG analysis and incorporate the findings in a variety of ways. The returns on portfolios consisting primarily of sustainable investments may be lower or higher than portfolios where ESG factors, exclusions or other sustainability issues are not considered, and the investment opportunities available to such portfolios may also differ.

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of UBS AG.Member FINRA/SIPC. Expiration: 4/30/2022 Review Code: IS2102227 Approval date: 4/21/2021