LISTING PROSPECTUS / SHAREHOLDERS' CIRCULARS

UBS AG

Supplement Document 21 Oct 2025

8,000,000 European Style Cash Settled Short Certificates relating to the ordinary shares of Semiconductor Manufacturing International Corporation with a Daily Leverage of -5x

Description:

8,000,000 EUROPEAN STYLE CASH SETTLED SHORT CERTIFICATES RELATING TO THE ORDINARY SHARES OF SEMICONDUCTOR MANUFACTURING INTERNATIONAL CORPORATION WITH A DAILY LEVERAGE OF -5X