UBS Group - BIS Basel III capital information as of 30 September 2013

Transcription

1 UBS Group BIS Basel III capital information as of 30 September 2013 CHF million, except where indicated Phasein te Color code BIS Basel III tier 1 capital 1 38,963 of which: common equity tier 1 capital 2 38,963 BIS Basel III tier 2 capital 9,478 of which: high trigger lossabsorbing capital of which: low trigger lossabsorbing capital 4,808 of which: phaseout capital and other tier 2 capital 4,296 outstanding tier 2 s 4 4,257 unrealized gains on financial investments availableforsale 39 BIS Basel III total capital 48,441 BIS Basel III common equity tier 1 capital ratio (%) 17.5 BIS Basel III tier 1 capital ratio (%) 17.5 BIS Basel III total capital ratio (%) 21.8 BIS Basel III riskweighted assets 222, Includes additional tier 1 capital in the form of hybrid s, which was offset by the required deductions for goodwill and intangible assets. 2. Includes share capital. 3. Representend by issuances under our Deferred Contingent Capital Plan. The information in the table above reconciles to our Q report, section Capital management, page 74. After the 30th September 2013, outstanding capital s have been reduced. These reductions are not reflected in the table above. On 23 October 2013, the Tier 2 capital with the ISIN CH has been redeemed In December 2013, Tier 2 capital s have been partly repurchased (refer to media release from 18 December 2013)

2 UBS AG (Parent Bank) as of 30 September 2013 Share capital Outstanding hybrid s (Additional Tier 1, UBS Group level) and related subordinated notes (Tier 2, UBS AG level) 1 Issuer (country of incorporation; if applicable, branch) UBS Preferred Funding Trust IV UBS Preferred Funding (Jersey) Ltd. UBS Preferred Funding Trust V UBS Capital Securities (Jersey) Ltd. Delaware, US Cayman branch Jersey Delaware, US Cayman branch Jersey 2 Unique identifier (e.g. ISIN) ISIN: CH ISIN: US90263W2017 ISIN: DE000A0D1KX0 ISIN: US90264AAA79 ISIN: XS Governing law(s) of the Swiss Delaware, US NY, US Jersey English Delaware, US NY, US Jersey English Regulatory treatment 4 Transitional Basel III rules Common Equity Tier 1 Additional Tier 1 Tier 2 Additional Tier 1 Tier 2 Additional Tier 1 Tier 2 Additional Tier 1 Tier 2 5 Posttransitional Basel III rules Common Equity Tier 1 Ineligible Ineligible Ineligible Ineligible Ineligible Ineligible Ineligible Ineligible 6 Eligible at solo/group/group&solo Solo and Group Group Solo Group Solo Group Solo Group Solo 7 Instrument type Ordinary shares Trust preferred securities Preferred securities Trust preferred securities Preferred securities Subordinated note Subordinated note Amount recognized in regulatory capital (Currency in mil, as of most 8 recent reporting date) CHF (2) CHF CHF CHF 1,216.3 CHF 1,216.3 CHF CHF CHF CHF Outstanding amount (par value, million) CHF (3) USD 300 USD 300 EUR 995 EUR 995 USD 1,000 USD 1,000 EUR 600 EUR Accounting classification (1) Equity attributable to UBS t part of the consolidation scope of UBS's Equity attributable to t part of the consolidation scope of UBS's t part of the consolidation scope of UBS's Equity attributable to t part of the consolidation scope of UBS's Group Equity attributable to shareholders Group financial statements under IFRS (4) preferred noteholders Group financial statements under IFRS (5) Group financial statements under IFRS (4) preferred noteholders financial statements under IFRS (4) preferred noteholders 11 Original date of issuance 23 May May April April May May December December Perpetual or dated Perpetual Perpetual Perpetual Perpetual Perpetual Perpetual Perpetual Perpetual 13 Original maturity date 14 Issuer call subject to prior supervisory approval 15 Optional call date, subsequent call dates, if applicable, and redemption amount First redemption date: 15 June 2008 redemption dates: on the first business day on or after the 15th of each month Redemption price: 100% of the liquidation preference; plus unpaid dividends with respect to the current dividend period (whether or not declared); and unpaid definitive dividends for any prior dividend period, without and without accumulation of unpaid nondefinitive dividends for any prior dividend period First redemption date: 15 June 2008 redemption dates: on the first business day on or after the 15th of each month Redemption price: 100% of principal amount plus First redemption date: 15 May 2016 date: 15 April 2015 date: 15 April 2015 redemption dates: on the first business day on or after 15 August, redemption dates: 15 April, redemption dates: 15 April, 15 vember, 15 February and 15 May of 15 July, 15 October and 15 January in each year each year and to the Law Optional Redemption Price: Liquidation Preference, plus any due and accrued but unpaid Distributions for the then current distribution period to the relevant optional redemption date, and any Additional Amounts 15 July, 15 October and 15 January in each year Optional Redemption Amount: Aggregate minal Amount, plus any due and accrued but unpaid and any Additional Amounts Redemption price: 100% of the liquidation preference; unpaid dividends with respect to the current dividend period (whether or not declared); and unpaid definitive dividends for any prior dividend period, without and without accumulation of unpaid nondefinitive dividends for any prior dividend period First redemption date: 15 May 2016 redemption dates: on the first business day on or after 15 August, 15 vember, 15 February and 15 May of each year Redemption price: 100% of principal amount plus date: 21 December 2017 redemption dates: 21 March, 21 June, 21 September, 21 December in each year and to the Law Optional Redemption Price: Liquidation Preference, plus any due and accrued but unpaid Distributions for the then current distribution period to the relevant optional redemption date, and any Additional Amounts date: 21 December 2017 redemption dates: 21 March, 21 June, 21 September, 21 December in each year Optional Redemption Amount: Aggregate minal Amount, plus any due and accrued but unpaid and any Additional Amounts 16 Contingent call dates and redemption amount Redeemable in case of a Tax Event, an Investment Company Act Event or a Capital Event Redemption price: 100% of the liquidation preference; plus unpaid dividends with respect to the current dividend period (whether or not declared); and unpaid definitive dividends for any prior dividend period, without and without accumulation of unpaid nondefinitive dividends for any prior dividend period Redeemable in case of a Tax Event, an Investment Company Act Event or a Capital Event Redemption price: 100% of principal amount plus The Preferred Securities will be redeemable at the option of the Issuer following the occurrence of a Tax Event or a Capital Disqualification Event; subject to satisfaction of Redemption Conditions and to the Law Redemption price for a redemption arising out of a Tax Event resulting from a Change in Tax Law: Optional Redemption Price mentioned above. In case of other Tax Events and Capital Disqualification Events, redemption price: Make Whole Amount plus an amount equal to unpaid Distributions, if any, on the Preferred Securities with respect to the current Distribution Period (whether or not declared) Redeemable if a Preferred Securities Redemption Event has occurred. Redemption Amount: Aggregate minal Amount, plus any due and and any Additional Amounts Redeemable in case of a Tax Event, an Investment Company Act Event or a Capital Event Redemption price: in case of a Tax Event resulting from a Change in Tax Law, same as for optional redemptions. In case of other Tax Events, an Investment Company Act Event or a Capital Event, redemption price equal to the Make Whole Amount, unpaid dividends for the current dividend period (whether or not declared) and unpaid definitive dividends for any prior dividend period, without and without accumulation of unpaid nondefinitive dividends for any prior dividend period Redeemable in case of a Tax Event, an Investment Company Act Event or a Capital Event Redemption price: in case of a Tax Event resulting from a Change in Tax Law, same as for optional redemptions. In case of other Tax Events, an Investment Company Act Event or a Capital Event, redemption price equal to the Subordinated te Make Whole Amount and accrued but not paid The Preferred Securities will be redeemable at the option of the Issuer following the occurrence of a Tax Event or a Regulatory Event; subject to satisfaction of and to the Law Redemption price: Make Whole Redemption Amount; however, in case of a Tax Event resulting from a Change in Tax Law only, the redemption price will be the Optional Redemption Price mentioned above Redeemable if a Preferred Securities Redemption Event has occurred Redemption Amount: an amount equivalent to the amount at which each Preferred Security is to be redeemed Coupons / dividend 17 or floating dividend / coupon Floating Floating / Floating from 15 April 2015 / Floating from 15 April 2015 / Floating from 15 May 2016 / Floating from 15 May 2016 / Floating from 21 December 2017 / Floating from 21 December

3 UBS AG (Parent Bank) as of 30 September Coupon rate and any related index; frequency of payment Share capital 1month USD LIBOR %; monthly 1month USD LIBOR %; monthly Outstanding hybrid s (Additional Tier 1, UBS Group level) and related subordinated notes (Tier 2, UBS AG level) 4.28% / 1.58% + 3month EURIBOR; / quarterly 4.28% / 1.58% + 3month EURIBOR; / quarterly 6.243% / 3month USD LIBOR %; semi / quarterly 6.243% / 3month USD LIBOR %; semi / quarterly 7.152% / 3month EURIBOR %; / quarterly 19 Existence of a dividend stopper 20 Fully discretionary, partially discretionary, or mandatory Fully discretionary Partially discretionary Partially discretionary Partially discretionary Partially discretionary Partially discretionary Partially discretionary Partially discretionary Partially discretionary 21 Existence of step up or other incentive to redeem 22 ncumulative or cumulative ncumulative ncumulative ncumulative ncumulative ncumulative ncumulative ncumulative ncumulative ncumulative 23 Convertible or nonconvertible nconvertible nconvertible nconvertible nconvertible nconvertible nconvertible nconvertible nconvertible 24 If convertible, conversion trigger(s) 25 If convertible, fully or partially 26 If convertible, conversion rate 27 If convertible, mandatory or optional conversion 28 If convertible, specify type convertible into 29 If convertible, specify issuer of it converts into 30 Writedown feature 7.152% / 3month EURIBOR %; / quarterly 31 If writedown, writedown trigger(s) Bankruptcy Event Capital Event Bankruptcy Event Capital Event 32 If writedown, full or partial Full Full 33 If writedown, permanent or temporary Permanent Permanent 34 If temporary writedown, description of writeup mechanism 35 Position in subordination hierarchy in liquidation (specify type immediately senior to ) Unless otherwise stated in the articles of associations, once debts are paid back the assets of the liquidated company are divided between the shareholders pro rata based on their contributions and considering the preferences attached to certain categories of shares (section 745, Swiss Civil Code of Obligations) If UBS AG is liquidated, under each UBS AG Subordinated Guarantee Agreement the holders of related company preferred securities (whether through a UBS Preferred Funding Trust or as direct holders who have withdrawn their company preferred securities from a UBS Preferred Funding Trust) will have a claim entitling them to substantially the same liquidating distributions in the liquidation of UBS AG that they would have been entitled to if they had purchased preferred shares of UBS AG having an aggregate liquidation preference equal to the aggregate liquidation preference of their company preferred securities and bearing dividends at the rate of dividends applicable to such company preferred securities All deposits and other liabilities of UBS AG (including those in respect of bonds, notes and debentures that do not expressly rank pari passu with the obligations of UBS AG under the Subordinated te) Claims under the Preferred Securities in respect of any Liquidation Distributions rank pari passu with claims of the holders of all other preferred securities issued by the Issuer which rank pari passu with the Preferred Securities. In the event of liquidation, or similar event, of UBS AG, the Liquidation Distribution per Preferred Security paid to Holders thereof shall not exceed the amount that would have been paid out of the assets of UBS AG had the Preferred Securities and all UBS Parity Securities been the most senior class of preference shares in UBS AG with equivalent rights of participation in the capital of UBS and ranked junior to all liabilities of UBS AG including subordinated liabilities (in each case other than any liability of UBS AG which constitutes Tier 1 Securities or any liability for UBS Parity Securities, if any, issued by UBS AG and any guarantee or support agreement of UBS AG ranking pari passu with the Guarantee, or UBS Junior Obligations and any other liability expressed to rank pari passu with or junior to the Guarantee) deposit liabilities of the Issuer and all of its other liabilities, except those which rank pari passu with or are tes If UBS AG is liquidated, under each UBS AG Subordinated Guarantee Agreement the holders of related company preferred securities (whether through a UBS Preferred Funding Trust or as direct holders who have withdrawn their company preferred securities from a UBS Preferred Funding Trust) will have a claim entitling them to substantially the same liquidating distributions in the liquidation of UBS AG that they would have been entitled to if they had purchased preferred shares of UBS AG having an aggregate liquidation preference equal to the aggregate liquidation preference of their company preferred securities and bearing dividends at the rate of dividends applicable to such company preferred securities All deposits and other liabilities of UBS AG (including those in respect of bonds, notes and debentures that do not expressly rank pari passu with the obligations of UBS AG under the Subordinated te) Claims under the Preferred Securities in respect of any Liquidation Distributions rank pari passu with claims of the holders of all other preferred securities issued by the Issuer which rank pari passu with the Preferred Securities. In the event of liquidation, or similar event, of UBS AG, the Liquidation Distribution per Preferred Security paid to Holders thereof shall not exceed the amount that would have been paid out of the assets of UBS AG had the Preferred Securities and all UBS Parity Securities been the most senior class of preference shares in UBS AG with equivalent rights of participation in the capital of UBS AG and ranked junior to all liabilities of UBS AG including subordinated liabilities (in each case other than any liability of UBS AG which constitutes Tier 1 Securities or any liability for UBS Parity Securities, if any, issued by UBS AG and any guarantee or support agreement of UBS AG ranking pari passu with the obligations of UBS AG under the Guarantee, or UBS Junior Obligations, and any other liability expressed to rank pari passu with or junior to the obligations of UBS AG under the Guarantee) deposit liabilities of the Issuer and all of its other liabilities, except those which rank pari passu with or are tes 36 Existence of features, which prevent full recognition under Basel III 37 If yes, specify noncompliant features point of nonviability Distributions to holders partially discretionary point of nonviability Distributions to holders partially discretionary point of nonviability Distributions to holders partially discretionary Existence of a stepup point of nonviability Distributions to holders partially discretionary Existence of a stepup (1) As applied in UBS's Group financial statements under IFRS, except where indicated. (2) Represents amount recognized in regulatory capital of issued share capital. (3) Represents issued share capital as of most recent financial reporting date. (4) Since 1 January 2013, following the implementation of IFRS 10, the entity which issued this is no longer consolidated in the Group financial statements under IFRS. As a consequence, there is no actual accounting treatment associated with the issued in the UBS Group financial statements or the UBS AG Parent Bank financial statements. However, UBS AG has issued a preferred note which was purchased by the nonconsolidated entity (see described in adjacent column). This preferred note is recognized in the Group's IFRS financial statements as equity attributable to preferred note holders and in the UBS AG financial statements under Swiss GAAP as a liability. (5) Since 1 January 2013, following the implementation of IFRS 10, the entity which issued this is no longer consolidated in the Group financial statements under IFRS. As a consequence, there is no actual accounting treatment associated with the issued in the UBS Group financial statements or the UBS AG Parent Bank financial statements. However, UBS AG has issued a preferred note which was purchased by the nonconsolidated entity (see described in adjacent column). This preferred note is recognized in both the Group's IFRS financial statements and UBS AG's Swiss GAAP financial statements as a liability. 2

4 UBS AG (Parent Bank) as of 30 September Issuer (country of incorporation; if applicable, branch) Unique identifier (e.g. ISIN) Governing law(s) of the Regulatory treatment 4 Transitional Basel III rules 5 Posttransitional Basel III rules 6 Eligible at solo/group/group&solo 7 Instrument type Amount recognized in regulatory capital (Currency in mil, as of most 8 recent reporting date) 9 Outstanding amount (par value, million) 10 Accounting classification (1) 11 Original date of issuance 12 Perpetual or dated 13 Original maturity date 14 Issuer call subject to prior supervisory approval Stamford branch ISIN: XS ISIN: US90261AAB89 ISIN: CH ISIN: US870836AB94 ISIN: US870836AC77 ISIN: US870836AD50 ISIN: XS ISIN: US870845AC84 ISIN: US87083KAM45 Swiss Swiss Swiss / NY, US Swiss NY, US NY, US NY, US English NY, US NY, US Tier 2 (progressive buffer capital) Tier 2 (progressive buffer capital) Tier 2 (progressive buffer capital) Tier 2 (progressive buffer capital) Tier 2 Tier 2 Tier 2 Tier 2 Tier 2 Tier 2 Tier 2 (progressive buffer capital) Tier 2 (progressive buffer capital) Tier 2 Tier 2 (progressive buffer capital) Ineligible Ineligible Ineligible Ineligible Ineligible Ineligible Solo and Group Solo and Group Solo and Group Solo and Group Solo and Group Solo and Group Solo and Group Solo and Group Solo and Group Solo and Group Cash payment obligation towards employees (DCCP) Subordinated debentures Subordinated debentures Subordinated debentures Subordinated bonds Subordinated debentures Subordinated debentures CHF 1,806.5 CHF 1,681.3 CHF (6) CHF 1,319.8 CHF 27.3 CHF CHF CHF CHF CHF USD 2,000 USD 2,000 CHF (7) USD 1,500 USD 150 USD 350 USD 300 GBP 150 USD 300 USD 300 Other liabilities 22 February August December 2012 (8) 22 May July July October December September June 1997 Dated Dated Dated Dated Dated Dated Dated Dated Dated Dated 22 February August March 2018 (7) 22 May July July October December September June 2017 Outstanding Tier 2 capital s (BaselIII compliant, progressive buffer capital) Outstanding Tier 2 capital s (10) Call date: 22 February 2017 Call date: 22 May Optional call date, subsequent call dates, if applicable, and redemption amount applicable conditions and applicable law Redemption price: aggregate principal amount, together with accrued and unpaid applicable conditions and applicable law Redemption price: aggregate principal amount, together with accrued and unpaid 16 Contingent call dates and redemption amount Early redemption possible due to a Tax or Early redemption possible due to a Tax or Regulatory Event. Regulatory Event. Subject to satisfaction applicable conditions and applicable law. of applicable conditions and applicable Redemption amount: aggregate principal law. Redemption amount: aggregate amount, together with accrued and principal amount, together with accrued unpaid Early redemption possible upon a Change Early redemption possible upon a Change in Progressive Capital Component in Progressive Capital Component Requirement or an Alignment Event. Requirement or an Alignment Event. applicable applicable conditions and applicable law. conditions and applicable law. Redemption amount: 101% of aggregate Redemption amount: 101% of aggregate principal amount, together with accrued principal amount, together with accrued Early redemption possible due to a Tax or Regulatory Event. Subject to satisfaction of applicable conditions and applicable law. Redemption amount: aggregate principal amount, together with accrued Early redemption possible upon a Change in Progressive Capital Component Requirement or an Alignment Event. applicable conditions and applicable law. Redemption amount: 101% of aggregate principal amount, together with accrued For taxation reasons, the Issuer may redeem the Bonds at 100% of their principal amount (together with accrued ) The Debentures will be subject to redemption at par plus accrued in the event that payments thereunder become subject to certain taxes Coupons / dividend 17 or floating dividend / coupon 3

5 UBS AG (Parent Bank) as of 30 September 2013 Coupon rate and any related index; 18 frequency of payment 19 Existence of a dividend stopper 20 Fully discretionary, partially discretionary, or mandatory 21 Existence of step up or other incentive to redeem 22 ncumulative or cumulative 23 Convertible or nonconvertible 24 If convertible, conversion trigger(s) 25 If convertible, fully or partially 26 If convertible, conversion rate 27 If convertible, mandatory or optional conversion 28 If convertible, specify type convertible into 29 If convertible, specify issuer of it converts into 30 Writedown feature 31 If writedown, writedown trigger(s) 32 If writedown, full or partial 33 If writedown, permanent or temporary 34 If temporary writedown, description of writeup mechanism 7.25% / 6.061% + Mid Market Swap Rate from 22 February 2017; Outstanding Tier 2 capital s (BaselIII compliant, progressive buffer capital) Outstanding Tier 2 capital s (10) 7.625%; semi Issues in CHF: 5.40%; issues in USD: 6.25%; 4.75% / 3.765% + Mid Market Swap Rate from 22 May 2018; 7.375%; semi Mandatory Mandatory Partially discretionary (9) Mandatory Mandatory Mandatory Mandatory Mandatory Mandatory Mandatory Cumulative Cumulative Cumulative Cumulative Cumulative Cumulative Cumulative Cumulative Cumulative Cumulative nconvertible nconvertible nconvertible nconvertible nconvertible nconvertible nconvertible nconvertible nconvertible nconvertible With respect to any Publication Date, Trigger CET1 Ratio is less than 5%; FINMA determines a writedown necessary to ensure UBS AG's viability; or UBS AG receives a commitment of governmental support that FINMA determines necessary to ensure UBS AG's viability (see definition of Viability Event). With respect to any Publication Date, Trigger CET1 Ratio is less than 5%; or FINMA determines a writedown necessary to ensure UBS AG's viability; or UBS AG receives a commitment of governmental support that FINMA determines necessary to ensure UBS AG's viability (see definition of Viability Event). Reported phasein Basel III CET1 ratio of the Group is less than 7%; or FINMA determines a writedown is required to prevent UBS AG's insolvency, bankruptcy or failure; or UBS AG receives a commitment of governmental support that FINMA determines necessary to prevent UBS AG's insolvency, bankruptcy or failure. With respect to any Publication Date, Trigger CET1 Ratio is less than 5%; or FINMA determines a writedown necessary to ensure UBS AG's viability; or UBS AG receives a commitment of governmental support that FINMA determines necessary to ensure UBS AG's viability (see definition of Viability Event). 7.5%; semi 7%; semi 8.75%; 7.75%; semi 7.375%; semi Full Full Full Full Permanent Permanent Permanent Permanent 35 Position in subordination hierarchy in liquidation (specify type immediately senior to ) Rights and claims of all holders of Senior Obligations, subject to any obligations that are mandatorily preferred by law Rights and claims of all holders of Senior Obligations, subject to any obligations that are mandatorily preferred by law Employees' payment rights will be subordinate to the rights of any depositors and general creditors of the Group and any subordinated debt obligations which are contractually determined to rank junior Rights and claims of all holders of Senior Obligations, subject to any obligations that are mandatorily preferred by law All deposit liabilities and Securities All deposit liabilities and Securities All deposit liabilities and All unsubordinated creditors of the Issuer Securities The deposit liabilities and except those which rank equally with or subordinate to the Securities The deposit liabilities and except those which rank equally with or subordinate to the Debentures 36 Existence of features, which prevent full recognition under Basel III 37 If yes, specify noncompliant features point of nonviability prior supervisory point of nonviability prior supervisory point of nonviability prior supervisory point of nonviability prior supervisory point of nonviability prior supervisory point of nonviability prior supervisory (6) Excludes DCCP issuances other than those granted for the performance year 2012, whose aggregate amount as of 30 September 2013 was approximately CHF 2 million. (7) Subject to forfeiture and vesting s. (8) Original date of issuance from a capital perspective. It does not correspond to grant date for employees. (9) UBS will only pay for the performance years in which the firm generates an adjusted pretax profit. (10) The aggregate amount recognized in regulatory capital of the outstanding Tier 2 capital s included in this table is CHF 4,257 million. UBS's phaseout Tier 2 capital and other Tier 2 capital, as shown in the table "UBS Group BIS Basel III capital information as of 30 September 2013" on the cover page of this document, amounts to CHF 4,296 million and includes an additional CHF 39 million related to a portion of unrealized gains on investments availableforsale. 4

6 UBS AG (Parent Bank) as of 30 September Issuer (country of incorporation; if applicable, branch) Unique identifier (e.g. ISIN) Governing law(s) of the Regulatory treatment 4 Transitional Basel III rules 5 Posttransitional Basel III rules 6 Eligible at solo/group/group&solo 7 Instrument type Amount recognized in regulatory capital (Currency in mil, as of most 8 recent reporting date) 9 Outstanding amount (par value, million) 10 Accounting classification (1) 11 Original date of issuance 12 Perpetual or dated 13 Original maturity date 14 Issuer call subject to prior supervisory approval Stamford branch ISIN: CH ISIN: XS ISIN: CH ISIN: XS ISIN: CH ISIN: US90261XBY76 ISIN: CH ISIN: XS ISIN: CH Swiss English Swiss English Swiss NY, US Swiss English Swiss Tier 2 Tier 2 Tier 2 Tier 2 Tier 2 Tier 2 Tier 2 Tier 2 Tier 2 Ineligible Ineligible Ineligible Ineligible Ineligible Ineligible Ineligible Ineligible Ineligible Solo and Group Solo and Group Solo and Group Solo and Group Solo and Group Solo and Group Solo and Group Solo and Group Solo and Group CHF 400 EUR (11) 650 (11) GBP 300 (11) 500 (11) USD 1,000 CHF 250 GBP (11) Outstanding Tier 2 capital s (10) Subordinated bonds Subordinated bonds Subordinated bonds Subordinated bonds CHF 0.0 CHF 1,091.4 CHF CHF CHF CHF CHF (12) CHF CHF June September June June June July October vember December 2007 Dated Dated Dated Dated Dated Dated Dated Dated Dated 30 June September June June June July October vember December Optional call date, subsequent call dates, if applicable, and redemption amount date: 16 September 2014 redemption dates: 16 March, 16 June, 16 September and 16 December in each year Optional redemption amount: 100% of the Aggregate minal Amount together with accrued date: 21 June 2016 redemption dates: 21 March, 21 June, 21 September and 21 December in each year Optional redemption amount: Redemption at par together with accrued date: 23 October 2013 redemption dates: on a quarterly basis on 23 January, 23 April, 23 July and 23 October Optional redemption amount: Redemption at par together with accrued date: 19 vember 2019 redemption dates: 19 February, 19 May, 19 August and 19 vember in each year Redemption at par together with accrued 16 Contingent call dates and redemption amount Issuer may redeem the notes at 100% of the Aggregate minal Amount together with accrued Issuer may redeem the Subordinated Bonds at their principal amount together with accrued issuer may redeem the Subordinated tes at 100% of the Aggregate minal Amount together with accrued The Branch will have the right to redeem the notes at a redemption price equal to 100% of their outstanding principal amount, together with any accrued and unpaid, if payments under the notes become subject to taxation under Swiss or US law Issuer may redeem the Subordinated Bonds at their principal amount together with accrued Issuer may redeem the Subordinated tes at 100% of the Aggregate minal Amount together with accrued Coupons / dividend 17 or floating dividend / coupon / Floating from 16 September 2014 / Floating from 21 June 2016 / Floating from 23 October 2013 / Floating from 19 vember

7 UBS AG (Parent Bank) as of 30 September 2013 Coupon rate and any related index; 18 frequency of payment 19 Existence of a dividend stopper 20 Fully discretionary, partially discretionary, or mandatory 21 Existence of step up or other incentive to redeem 22 ncumulative or cumulative 23 Convertible or nonconvertible 24 If convertible, conversion trigger(s) 25 If convertible, fully or partially 26 If convertible, conversion rate 27 If convertible, mandatory or optional conversion 28 If convertible, specify type convertible into 29 If convertible, specify issuer of it converts into 30 Writedown feature 3.125%; 4.5% / 3month EURIBOR %; / quarterly 2.375%; Outstanding Tier 2 capital s (10) 5.25% / 3month Sterling LIBOR %; / quarterly 3.125%; 5.875%; semi 2.75% / 3month CHF LIBOR bp; / quarterly 6.375% / 3month Sterling LIBOR %; / quarterly Mandatory Mandatory Mandatory Mandatory Mandatory Mandatory Mandatory Mandatory Mandatory Cumulative Cumulative Cumulative Cumulative Cumulative Cumulative Cumulative Cumulative Cumulative nconvertible nconvertible nconvertible nconvertible nconvertible nconvertible nconvertible nconvertible nconvertible 4.125%; 31 If writedown, writedown trigger(s) 32 If writedown, full or partial 33 If writedown, permanent or temporary 34 If temporary writedown, description of writeup mechanism 35 Position in subordination hierarchy in liquidation (specify type immediately senior to ) All other obligations, except for those ranking pari passu (i.e., all already existing or future unsecured and subordinated obligations of UBS AG) and those expressly se bonds tes Subordinated Bonds tes All other obligations, except for those ranking pari passu (i.e., all already existing or future unsecured and subordinated obligations of UBS AG) The deposit liabilities and the except those which rank equally with or subordinate to the tes Subordinated Bonds tes tes 36 Existence of features, which prevent full recognition under Basel III 37 If yes, specify noncompliant features point of nonviability point of nonviability prior supervisory Existence of stepup point of nonviability prior supervisory point of nonviability prior supervisory Existence of stepup point of nonviability point of nonviability prior supervisory point of nonviability prior supervisory Existence of stepup point of nonviability prior supervisory Existence of stepup point of nonviability (10) The aggregate amount recognized in regulatory capital of the outstanding Tier 2 capital s included in this (11) In December 2013, Tier table is CHF 4,257 million. UBS's phaseout Tier 2 capital and other Tier 2 capital, as shown in the table "UBS Group 2 capital s have BIS Basel III capital information as of 30 September 2013" on the cover page of this document, amounts to CHF 4,296 been partly repurchased. million and includes an additional CHF 39 million related to a portion of unrealized gains on investments availableforsale. from 18 December 2013 and Refer to the media release the "Bondholder information" section under for the disclosures relating to (12) This Tier 2 capital has been redeemed on 23 October