UBS Results Presentation Deck

Lower negative goodwill vs. F-4 driven by 5M23 Credit Suisse operating losses and higher PPA marks on loans and loan commitments Pro forma negative goodwill estimated in the SEC registration statement on Form F-4 USD bn Credit Suisse events in early 2023 Credit Suisse equity attributable 66.0 (US GAAP, 31.12.22) 17.1 to shareholders 48.8 Pro forma pre-PPA net assets (US GAAP) (27.7) Net PPA adjustments ● Write down of Credit Suisse AT1s SPG sale to Apollo Credit Suisse compensation adjustments¹ (3.5) Estimated purchase price 34.8 Pro forma negative goodwill Negative goodwill included in 2Q23 results USD bn A 57.6 Credit Suisse pre-PPA net assets at closing (US GAAP, 31.5.23) B (24.8) Net PPA adjustments C (3.8) Purchase price 28.9 Negative goodwill 28.9bn negative goodwill; 5.9bn below F-4 estimate A B Pre-PPA net assets 8.4bn below F-4 estimate, driven by: -3.4bn of operating losses at Credit Suisse in 5M23, not captured in F-4 - ~5bn reversal of historic own credit gain, previously captured in PPA adjustments Net PPA adjustments (24.8bn), a 2.9bn improvement vs. F-4 estimate, mainly driven by: PPA offset from aforementioned ~5bn own credit gain reversal (improvement) 1.7bn higher marks on financial assets and liabilities (deterioration) 0.5bn higher litigation provisions (deterioration) Offsetting: neutral to negative goodwill C Purchase price of 3.8bn vs. 3.5bn in F-4, mainly due to a higher UBS share price at the time of closing and inclusion of settlement of pre-existing relationships with Credit Suisse UBS 1 Estimated balance sheet impact of a write down of contingent capital awards issued by Credit Suisse and specific mandated Credit Suisse compensation cancellations as communicated by the Swiss government to Credit Suisse in 2Q23 36

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