6-K 1 edgar3q246kubsagc.htm edgar3q246kubsagc
 
 
 
 
 
 
 
 
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________________
FORM 6-K
REPORT OF FOREIGN PRIVATE
 
ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
Date: November 8, 2024
UBS AG
 
(Registrant's Name)
Bahnhofstrasse 45, 8001 Zurich, Switzerland
Aeschenvorstadt 1, 4051 Basel, Switzerland
 
(Address of principal executive offices)
Commission File Number: 1-15060
Indicate by check mark whether the registrant files or will file annual
 
reports under cover of
Form 20-F or Form 40-F.
Form 20-F
 
☒
 
Form 40-F
 
☐
UBS AG produces regular annual and quarterly reports, which are submitted to the SEC under
Forms
 
20-F
 
and
 
6-K,
 
respectively.
 
UBS
 
AG’s
 
consolidated
 
financial
 
statements
 
are
 
prepared
 
in
accordance with IFRS Accounting Standards. SEC regulations require certain additional disclosures to
be
 
included
 
in
 
registration
 
statements
 
relating
 
to
 
offerings
 
of
 
securities.
 
Certain
 
of
 
these
 
additional
disclosures follow herein,
 
and should
 
be read
 
in conjunction with
 
the annual
 
report on
 
Form 20-F
 
for
the year ended 31 December 2023 of UBS AG, filed with the SEC on March 28, 2024, as well as UBS
AG's first quarter 2024 report, submitted to
 
the SEC on Form 6-K on
 
May 7, 2024, UBS AG’s
 
second
quarter 2024
 
report, submitted
 
to the
 
SEC on
 
Form 6-K
 
on August
 
23, 2024,
 
and UBS
 
AG’s third quarter
2024 report, submitted to the SEC on Form 6-K on November 8, 2024.
 
 
 
 
 
 
 
 
 
 
 
 
Capitalization of UBS AG
The table
 
below presents
 
the consolidated
 
capitalization
 
of UBS
 
AG in
 
accordance
 
with IFRS
 
Accounting
Standards in US dollars, the presentation currency
 
of UBS AG.
As of
USD m
30.9.24
30.6.24
Debt:
Short-term debt issued
1
 
89,791
 
93,029
Long-term debt issued
2
 
244,149
 
244,477
of which: eligible as non-Basel III-compliant tier 2 capital
 
instruments
 
289
 
536
Total debt issued
3
 
333,941
 
337,506
of which: Funding from UBS Group AG
 
117,954
 
116,581
Equity attributable to shareholders
 
96,943
 
93,392
Equity attributable to non-controlling interests
 
879
 
855
Total capitalization
 
431,763
 
431,753
1 Short-term debt issued consists of
 
debt issued (reflected on the balance
 
sheet lines Debt issued measured
 
at amortized cost and Debt
 
issued designated at fair value)
 
by UBS AG and its
subsidiaries and Funding from UBS Group AG (measured at amortized cost and designated at fair value) with a remaining contractual maturity of less than one year without considering any
early redemption features.
 
2 Long-term debt issued consists of debt issued (reflected on the balance sheet lines Debt issued measured at amortized cost and Debt issued designated at fair
value) by UBS AG and
 
its subsidiaries and Funding from
 
UBS Group AG (measured at
 
amortized cost and designated at
 
fair value) with a
 
remaining contractual maturity of more
 
than one
year without considering any early redemption features.
 
3 As of 30 September 2024, 88% of the total debt issued was unsecured.
 
 
This Form
 
6-K is
 
hereby incorporated
 
by reference
 
into (1)
 
the registration
 
statement of
 
UBS AG
 
on
Form F-3
 
(Registration Numbers
 
333-263376 and 333-278934),
 
and into
 
each prospectus outstanding
under
 
the foregoing
 
registration statement,
 
(2) any
 
outstanding offering
 
circular or
 
similar document
issued or
 
authorized by
 
UBS AG
 
that incorporates
 
by reference
 
any Forms
 
6-K of
 
UBS AG
 
that are
incorporated into its
 
registration statements
 
filed with the
 
SEC, and (3)
 
the base prospectus
 
of Corporate
Asset
 
Backed Corporation
 
(“CABCO”) dated
 
June 23,
 
2004 (Registration
 
Number 333-111572),
 
the
Form 8-K of CABCO filed
 
and dated June 23, 2004
 
(SEC File Number 001-13444),
 
and the Prospectus
Supplements
 
relating
 
to
 
the
 
CABCO Series
 
2004-101
 
Trust
 
dated
 
May
 
10,
 
2004
 
and
 
May
 
17,
 
2004
(Registration Numbers
 
033-91744 and 033-91744-05).
 
 
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
 
registrant has duly
caused this report to be signed on its behalf by the undersigned,
 
thereunto duly authorized.
UBS AG
By: _/s/ David Kelly _____________
Name:
 
David Kelly
Title:
 
Managing Director
 
By: _/s/ Ella Campi ______________
Name:
 
Ella Campi
Title:
 
Executive Director
Date:
 
November 8, 2024