UBS Results Presentation Deck

FY21 Group results by region Profit before tax bn Excl. provision for French cross-border matter Operating income bn Operating expenses bn Cost/income ratio Americas +18% 2.6 1 3.1 FY20 FY21 14.5 +12% 11.5 +10% 79.2% +0.5ppts Switzerland +36% excl. provision for French cross-border matter +29% 2.5 FY20 3.2 FY21 7.9 +15% 4.7 +7% 3.3 60.5% (1.3ppts) EMEA +38% excl. provision for French cross-border matter 1.4 (2%) 2.0 FY20 1.4 FY21 7.0 +8% 5.6 +11% 79.8% +2.9ppts Asia Pacific +21% 1%] 2.2 2.6 FY20 FY21 6.5 +9% 3.8 +2% 59.3% (3.1ppts) Excludes (0.3bn) revenues, 0.5bn expenses and (0.8bn) PBT from items managed at the Group level, such as the Non-core and Legacy Portfolio, certain litigation expenses and other items. The allocation of P&L to these regions reflects, and is consistent with, the basis on which the business is managed and its performance evaluated. These allocations involve assumptions and judgments that management UBS considers reasonable and may be refined to reflect changes in estimates or management structure. The main principles of the allocation methodology are that client revenues are attributed to the domicile of the client, and trading and portfolio management revenues are attributed to the country where the risk is managed. Expenses are allocated in line with revenues 49

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