UBS Results Presentation Deck

Asset Management USD m, except where indicated Total revenues Net management fees Performance fees Credit loss expense / (release) Operating expenses Profit before tax Cost/income ratio Invested assets, bn Net new money, bn UBS 3Q23 underlying 755 737 18 0 599 156 79% 1,559 (1) 3Q23 reported 755 737 18 0 724 31 96% 1,559 (1) 3Q23 underlying vs 2Q23 estimated underlying USD bn Total revenues Operating expenses Profit before tax 0.7 0.6 0.1 2Q23 0.8 0.6 0.2 3Q23 Total revenues 755m, up slightly QoQ driven by higher net management and performance fees Operating expenses 599m, down slightly QoQ driven by lower personnel expenses Invested assets 1,559bn, (3%) QoQ reflecting negative market performance and FX NNM (1.5bn), (8.3bn) excluding money market flows and associates 19

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