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 5 Broadgate, London EC2M 2QS. 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 AG, a company incorporated under the laws of Switzerland acting through its London branch (registered Branch number BR004507) with its principal place of business at 5 Broadgate, London EC2M 2QS, United Kingdom. UBS AG London Branch is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

UBS Asset Management in the United Kingdom: UBS Asset Management (UK) Ltd is a subsidiary of UBS AG. Registered in England. UBS Asset Management (UK) Ltd (Reg. No. 1546400), UBS Asset Management Funds Ltd (Reg. No. 2218008), authorised and regulated by the Financial Conduct Authority. UBS Asset Management Life Ltd (Reg. No. 3280762), authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. 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.