Holding company and significant regulated subsidiaries and sub-groups

The chart below provides an overview of certain significant subsidiaries of UBS Group AG and UBS AG as of 31 March 2023. The subsidiaries within the UBS Group AG consolidated and UBS AG consolidated scope are generally 100% held, with few exceptions.

¹ Refer to “Note 28 Interests in subsidiaries and other entities” in the “Consolidated financial statements” section of the Annual Report 2022 for more information about UBS’s subsidiaries.

² Other significant non-US subsidiaries are generally held either directly by UBS AG or indirectly through UBS Switzerland AG or UBS Asset Management AG.

³ Of which 99% directly held by UBS Americas Inc. and 1% held by UBS Americas Holding LLC.

⁴ Other significant US subsidiaries are generally held either directly by UBS Americas Inc. or indirectly through UBS Financial Services Inc.

The links below direct you to the financial and regulatory disclosures and other documentation for UBS Group AG standalone, as well as for significant regulated subsidiaries and sub-groups of UBS Group AG. Financial and regulatory disclosures for certain other subsidiaries of UBS Group AG can be found at Other subsidiaries.