Currency translation rates

12 Months Ended

Dec. 31, 2021

Entity [Table]

Disclosure Of Effect Of Changes In Foreign Exchange Rates Explanatory

Note 33 Currency translation rates

The following table shows the rates of the main currencies used to translate the financial information of UBS’s operations with a

functional currency other than the US dollar into US dollars.

Closing exchange rate

Average rate

1

As of

For the year ended

31.12.21

31.12.20

31.12.21

31.12.20

31.12.19

1 CHF

1.10

1.13

1.09

1.07

1.01

1 EUR

1.14

1.22

1.18

1.15

1.12

1 GBP

1.35

1.37

1.37

1.29

1.28

100 JPY

0.87

0.97

0.91

0.94

0.92

1 Monthly income statement items of operations with a functional currency other than the US dollar are translated into US dollars using month-end rates. Disclosed average rates for a year represent an average of 12

month-end rates, weighted according to the income and expense volumes of all operations of the Group with the same functional currency for each month. Weighted average rates for individual business divisions

may deviate from the weighted average rates for the Group.

UBS AG

Entity [Table]

Disclosure Of Effect Of Changes In Foreign Exchange Rates Explanatory

Note 33 Currency translation rates

The following table shows the rates of the main currencies used to translate the financial information of UBS AG’s operations with a

functional currency other than the US dollar into US dollars.

Closing exchange rate

Average rate

1

As of

For the year ended

31.12.21

31.12.20

31.12.21

31.12.20

31.12.19

1 CHF

1.10

1.13

1.09

1.07

1.01

1 EUR

1.14

1.22

1.18

1.15

1.12

1 GBP

1.35

1.37

1.37

1.29

1.28

100 JPY

0.87

0.97

0.91

0.94

0.92

1 Monthly income statement items of operations with a functional currency other than the US dollar are translated into US dollars using month-end rates. Disclosed average rates for a year represent an average of 12

month-end rates, weighted according to the income and expense volumes of all operations of UBS AG with the same functional currency for each month. Weighted average rates for individual business divisions may

deviate from the weighted average rates for UBS AG.