UBS AG prices inaugural Green bonds

• Bonds priced under new UBS Green Funding Framework
• Eligible green asset pool of mortgage loans on Swiss Minergie-certified properties

Zurich, 22 June 2021 – UBS AG today announces the pricing of two senior preferred unsecured Green bonds. This includes a 500 million euro-denominated five-year bond (ISIN: XS2358287238) and a 250 million Swiss franc-denominated seven-year bond (ISIN: CH1120085670).

The launch of these Green bonds follows the recent publication of UBS’s Net Zero statement, which sets tougher environmental financing standards and commits the firm to net zero greenhouse gas emissions across all its operations by 2050.

The bonds are being issued under the new UBS Green Funding Framework, which defines an eligible Green asset pool of mortgage loans on properties in Switzerland. The properties meet the Swiss Minergie standards for low-energy consumption buildings. UBS may look to expand the eligible asset pool over time as part of its ongoing aim to help clients meet their investment objectives through sustainable finance.

The UBS Green Funding Framework is aligned with the recently updated ICMA 2021 Green Bond Principles. The UBS Green Funding Framework has been assessed by Sustainalytics¹ and has received certification from the Climate Bond Initiative. Going forward, UBS will publish an annual impact report².

Suni Harford, Group Executive Board sponsor for Sustainability and Impact and President of Asset Management, said: “With the launch of these inaugural green bonds we are responding to the growing demand from investors and achieving a key milestone set out in our Net Zero And Beyond commitments. We look forward to providing further information on our detailed climate action plan later this year.”

Information on UBS’s Green Funding Framework is available at ubs.com/greenbonds.

UBS AG

¹ Sustainalytics, a Morningstar Company, is a leading ESG research, ratings and data firm that supports investors around the world with the development and implementation of responsible investment strategies.

² Includes relevant environmental results of the investment and residential properties which are allocated to the Green bonds, such as CO2 emission per square-meter per annum, energy usage per square-meter per annum and a selection of project examples, where feasible.