UBS ESG Presentation Deck

Climate-related lending standards in the energy and utilities sectors Coal Oil and gas Coal-fired power plants Coal mining Mountaintop removal (MTR) Arctic oil and oil sands Liquefied natural gas (LNG) and ultra-deepwater drilling No project-level finance to new coal-fired power plants globally. Financing of existing coal-fired operators (>20% coal reliance) subject to a transition strategy that aligns with the goals of the Paris Agreement, or if the transaction is related to renewable energy or clean technology. No financing where the stated use of proceeds is for greenfield¹ thermal coal mines. Financing of existing thermal coal-mining companies (>20% of revenues) subject to a transition strategy that aligns with the goals of the Paris Agreement, or if the transaction is related to renewable energy or clean technology. Not providing financing to coal mining companies engaged in MTR operations. No financing where the stated use of proceeds is for new offshore oil projects in the Arctic or greenfield¹ oil sands projects. Financing of companies with significant reserves or production in arctic oil and/or oil sands (>20% of reserves or production) subject to a transition strategy that aligns with the goals of the Paris Agreement, or if the transaction is related to renewable energy or clean technology. Enhanced Environmental & Social Risk (ESR) due diligence considering relevant factors and the company's past and present environmental and social performance. UBS Numbers in USDbn unless otherwise indicated; refer to slides the Sustainability Report 2020 for more information; 1 New mines / wells or expansion of existing mines/wells resulting in a material increase in production capacity 7

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