Currency translation rates (Tables)

12 Months Ended

Dec. 31, 2022

Entity [Table]

Disclosure of foreign exchange rates [text block]

Closing exchange rate

Average rate

1

As of

For the year ended

31.12.22

31.12.21

31.12.22

31.12.21

31.12.20

1 CHF

1.08

1.10

1.05

1.09

1.07

1 EUR

1.07

1.14

1.05

1.18

1.15

1 GBP

1.21

1.35

1.23

1.37

1.29

100 JPY

0.76

0.87

0.76

0.91

0.94

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

twelve 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 foreign exchange rates [text block]

Closing exchange rate

Average rate

1

As of

For the year ended

31.12.22

31.12.21

31.12.22

31.12.21

31.12.20

1 CHF

1.08

1.10

1.05

1.09

1.07

1 EUR

1.07

1.14

1.05

1.18

1.15

1 GBP

1.21

1.35

1.23

1.37

1.29

100 JPY

0.76

0.87

0.76

0.91

0.94

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

twelve 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.