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Chief Investment Office WM Equity Preference Changes Content Page Recent equity preference changes Regions and countries America Sectors and industries America Themes America Regions and countries Europe Themes Europe Regions and countries Asia Themes Asia 2 7 8 10 11 13 19 22 Sectors and industries all compendiums Europe and Asia 26 Rolf Ganter Head European Equity Sector Team [email protected] Rudolf Leemann CIO European Product Manager [email protected] Daily update of UBS CIO equity preference changes and equity preference lists. 12 August 2022 Equity Preference Changes 12 August 2022 UBS CIO WM Recent CIO Selection Changes Date ISIN Company Recent activity List affected by recent activity Stock's current selection status after activity Number of equity preference lists the stock is selected for after the activity 12/08/2022 NL0010773842 NN Group NV Remove EPL Equity Radar N.A. (Last Selection: Most Preferred) 0 12/08/2022 NL0010773842 NN Group NV Remove EQR-Defensive Value Most Preferred 1 12/08/2022 DE000SHL1006 Siemens Healthineers Add European Healthcare Most Preferred 4 12/08/2022 CH0012005267 Novartis AG Remove Investing in Europe’s digital leaders Most Preferred 5 12/08/2022 DE0008404005 Allianz Remove Investing in Europe’s digital leaders Most Preferred 5 12/08/2022 ES0109067019 Amadeus IT Holding Add Investing in Europe’s digital leaders Most Preferred 7 12/08/2022 CH0012005267 Novartis AG Remove Sustainable Sharia-friendly Most Preferred 6 12/08/2022 ES0113860A34 Banco de Sabadell Add European Banks Most Preferred 1 12/08/2022 NL0006294274 Euronext NV Remove European Banks N.A. (Last Selection: Most Preferred) 0 12/08/2022 NL0010773842 NN Group NV Remove European Insurance Most Preferred 2 11/08/2022 GB00BN7SWP63 GSK PLC Remove EPL Equity Radar Most Preferred 2 11/08/2022 GB00BD3VFW73 ConvaTec Group Plc Add European Healthcare Most Preferred 2 11/08/2022 GB00BD3VFW73 ConvaTec Group Plc Add UK Most Preferred 1 11/08/2022 GB00BN7SWP63 GSK PLC Remove EQR-Return to health Most Preferred 3 08/08/2022 US0231351067 Amazon.com Remove EPL Equity Radar Most Preferred 4 08/08/2022 US29444U7000 Equinix Add EPL Equity Radar Most Preferred 7 08/08/2022 US57636Q1040 MasterCard Remove EPL Equity Radar Most Preferred 5 08/08/2022 US6541061031 Nike Inc. Add EPL Equity Radar Most Preferred 4 08/08/2022 US0028241000 Abbott Laboratories Remove EQR-Return to health Most Preferred 4 2 Equity Preference Changes 12 August 2022 UBS CIO WM Recent CIO Selection Changes Date ISIN Company Recent activity List affected by recent activity Stock's current selection status after activity Number of equity preference lists the stock is selected for after the activity 08/08/2022 US0231351067 Amazon.com Remove EQR-US Pricing Power Prominence Most Preferred 5 08/08/2022 US29444U7000 Equinix Add EQR-US Pricing Power Prominence Most Preferred 6 08/08/2022 US57636Q1040 MasterCard Remove EQR-US Pricing Power Prominence Most Preferred 6 08/08/2022 US6541061031 Nike Inc. Add EQR-US Pricing Power Prominence Most Preferred 3 08/08/2022 JP3802670004 Fancl Add Be ready for Japan's normalization Most Preferred 2 08/08/2022 JP3397200001 Suzuki Motor Add Japan Most Preferred 4 08/08/2022 JP3633400001 Toyota Motor Corp Remove Japan Most Preferred 8 08/08/2022 JP3802670004 Fancl Add Japan Most Preferred 1 08/08/2022 DE000LEG1110 LEG Immobilien AG Add Real Estate Most Preferred 1 08/08/2022 HK0101000591 Hang Lung Properties Add Real Estate Most Preferred 1 08/08/2022 US30225T1025 Extra Space Storage Inc. Add Real Estate Most Preferred 1 05/08/2022 CNE100000TP3 Luxshare Precision Industry Remove China 5G A-share N.A. (Last Selection: Most Preferred) 0 05/08/2022 GB0005405286 HSBC Holdings PLC Remove European Banks Most Preferred 5 05/08/2022 GB00B7T77214 NatWest Group plc Add European Banks Most Preferred 1 05/08/2022 DE000VTSC017 Vitesco Technologies Group AG Remove European Automobiles N.A. (Last Selection: Most Preferred) 0 05/08/2022 NL00150001Q9 Stellantis Remove European Automobiles N.A. (Last Selection: Most Preferred) 0 04/08/2022 INE208A01029 Ashok Leyland Add India Least Preferred 1 04/08/2022 CNE1000029W3 Postal Savings Bank Remove AxJ Focus 20 Most Preferred 2 04/08/2022 INE040A01034 HDFC Bank Add AxJ Focus 20 Most Preferred 3 3 Equity Preference Changes 12 August 2022 UBS CIO WM Recent CIO Selection Changes Date ISIN Company Recent activity List affected by recent activity Stock's current selection status after activity Number of equity preference lists the stock is selected for after the activity 04/08/2022 DE000VTSC017 Vitesco Technologies Group AG Remove Greentech goes global Most Preferred 1 04/08/2022 FR0000131906 Renault SA Add Greentech goes global Most Preferred 3 04/08/2022 IT0003128367 Enel Add Greentech goes global Most Preferred 2 04/08/2022 DE000VTSC017 Vitesco Technologies Group AG Remove European Greentech Most Preferred 2 04/08/2022 FR0000131906 Renault SA Add European Greentech Most Preferred 2 04/08/2022 IT0003128367 Enel Add European Greentech Most Preferred 1 04/08/2022 DE0005313704 Carl Zeiss Meditec Remove EPL Equity Radar N.A. (Last Selection: Most Preferred) 0 04/08/2022 DE0005313704 Carl Zeiss Meditec Remove EQR-Medtech: repair and reset Most Preferred 1 04/08/2022 US3695501086 General Dynamics Corp. Remove Security takes center stage N.A. (Last Selection: Most Preferred) 0 04/08/2022 NL0011540547 ABN AMRO Remove European Banks N.A. (Last Selection: Least Preferred) 0 03/08/2022 US0255371017 American Electric Power Add 30 for '30 Most Preferred 5 03/08/2022 VGG9833A1049 Xinyi Energy Holdings Ltd Remove 30 for '30 N.A. (Last Selection: Most Preferred) 0 03/08/2022 JP3304200003 Komatsu Remove Be ready for Japan's normalization N.A. (Last Selection: Most Preferred) 0 03/08/2022 JP3933800009 Z Holdings Corp Add Japan financial winners Most Preferred 2 03/08/2022 JP3933800009 Z Holdings Corp Add Japan Most Preferred 1 03/08/2022 FR0000131906 Renault SA Add European Automobiles Most Preferred 1 02/08/2022 VGG9833A1049 Xinyi Energy Holdings Ltd Remove Beneficiaries of tightening Most Preferred 1 02/08/2022 CNE100000TP3 Luxshare Precision Industry Remove China (A-share) Most Preferred 1 02/08/2022 CNE1000018M7 Sungrow Power Supply Co Ltd Add China (A-share) Most Preferred 1 4 Equity Preference Changes 12 August 2022 UBS CIO WM Recent CIO Selection Changes Date ISIN Company Recent activity List affected by recent activity Stock's current selection status after activity Number of equity preference lists the stock is selected for after the activity 02/08/2022 CNE100003GF5 Avary Holding Shenzhen Add China (A-share) Most Preferred 2 02/08/2022 CNE100003GF5 Avary Holding Shenzhen Add China 5G A-share Most Preferred 1 02/08/2022 VGG9833A1049 Xinyi Energy Holdings Ltd Remove Greentech goes global Most Preferred 2 02/08/2022 US02079K1079 Alphabet Inc Add Investing in the ABCs of tech Most Preferred 10 02/08/2022 US0567521085 Baidu, Inc. Remove Investing in the ABCs of tech Most Preferred 8 02/08/2022 US0567521085 Baidu, Inc. Remove Technology Disruption Most Preferred 9 02/08/2022 US02079K1079 Alphabet Inc Add Investing in digital subscriptions Most Preferred 9 01/08/2022 US4581401001 Intel Corp. Remove USA Most Preferred 3 01/08/2022 US5949181045 Microsoft Corp. Add USA Most Preferred 12 01/08/2022 JP3732000009 SoftBank Corp. Add Japan financial winners Most Preferred 8 29/07/2022 ES0173516115 Repsol SA Remove Long and short of Sustainable Investing Most Preferred 4 29/07/2022 IE00BY7QL619 Johnson Controls Add Long and short of Sustainable Investing Most Preferred 6 29/07/2022 IE00BZ12WP82 Linde PLC Remove Long and short of Sustainable Investing Most Preferred 6 29/07/2022 NL0013267909 Akzo Nobel Add Long and short of Sustainable Investing Most Preferred 6 29/07/2022 PTGAL0AM0009 Galp Energia Add Long and short of Sustainable Investing Most Preferred 4 29/07/2022 ES0173516115 Repsol SA Remove Sustainable investing, global leaders Most Preferred 5 29/07/2022 IE00BY7QL619 Johnson Controls Add Sustainable investing, global leaders Most Preferred 5 29/07/2022 IE00BZ12WP82 Linde PLC Remove Sustainable investing, global leaders Most Preferred 7 29/07/2022 NL0013267909 Akzo Nobel Add Sustainable investing, global leaders Most Preferred 5 5 Equity Preference Changes 12 August 2022 UBS CIO WM Recent CIO Selection Changes Date ISIN Company Recent activity List affected by recent activity Stock's current selection status after activity Number of equity preference lists the stock is selected for after the activity 29/07/2022 PTGAL0AM0009 Galp Energia Add Sustainable investing, global leaders Most Preferred 3 29/07/2022 CH0013841017 Lonza Group AG Add Switzerland Most Preferred 2 29/07/2022 CH0013841017 Lonza Group AG Add European Healthcare Most Preferred 1 28/07/2022 CH0012214059 Holcim Remove EPL Equity Radar Most Preferred 1 28/07/2022 CH1169151003 Georg Fischer AG Add EPL Equity Radar Most Preferred 5 28/07/2022 JP3732000009 SoftBank Corp. Add Investing in the 5G+ era Most Preferred 7 28/07/2022 US30303M1027 Meta Platforms Remove Investing in the 5G+ era Most Preferred 4 28/07/2022 CH0012214059 Holcim Remove EQR-Cash-flow kings in Switzerland Most Preferred 2 28/07/2022 CH1169151003 Georg Fischer AG Add EQR-Cash-flow kings in Switzerland Most Preferred 4 28/07/2022 CH1169151003 Georg Fischer AG Add Switzerland Most Preferred 3 28/07/2022 CH0012214059 Holcim Remove Swiss high quality dividends Most Preferred 3 28/07/2022 CH1169151003 Georg Fischer AG Add Swiss high quality dividends Most Preferred 2 28/07/2022 CH1169151003 Georg Fischer AG Add European Industrials Most Preferred 1 6 Equity Preference Changes UBS CIO WM 12 August 2022 Regions and countries America Company - Bloomberg Ticker Country / Region Preference United States of America United States of America United States of America United States of America United States of America United States of America United States of America United States of America Ireland United States of America United States of America United States of America United States of America United States of America United States of America United States of America United States of America United States of America United States of America United States of America United States of America United States of America United States of America Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred USA AbbVie - ABBV Alexandria Real Estate - ARE Alphabet Inc - GOOG American Electric Power - AEP Cisco Systems Inc. - CSCO Exelon Corp. - EXC ExxonMobil Corp. - XOM Honeywell International - HON Horizon Therapeutics Plc - HZNP ITT, Inc. - ITT Independence Realty Trust - IRT IntercontinentalExchange - ICE Johnson Controls - JCI Marathon Petroleum - MPC Meta Platforms - META Microsoft Corp. - MSFT Nextera Energy Inc. - NEE Phillips 66 - PSX ProLogis - PLD Salesforce.com - CRM Take-Two Interactive Software Inc - TTWO Thermo Fisher Scientific - TMO Visa Inc. - V 7 Equity Preference Changes 12 August 2022 UBS CIO WM Sectors and industries America Company - Bloomberg Ticker Sector Preference Company - Bloomberg Ticker Thermo Fisher Scientific - TMO Communication Services Communication Services Communication Services Communication Services Information Technology Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred US Industrials Consumer Discretionary Most Preferred Financials Financials Financials Financials Financials Financials Financials Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Information Technology Financials Financials Information Technology Financials Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Healthcare Healthcare Healthcare Healthcare Healthcare Healthcare Healthcare Healthcare Healthcare Healthcare Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Healthcare Healthcare Most Preferred Most Preferred US Communication services AT&T Inc. - T US Alphabet Inc - GOOG Alphabet Inc. Class A - GOOGL Meta Platforms - META Take-Two Interactive Software Inc - TTWO US Consumer Discretionary Marriott International, Inc. - MAR US Financials American International Group - AIG Ameriprise Financial - AMP Bank of America Corp - BAC Capital One Financial - COF Goldman Sachs Group Inc. - GS IntercontinentalExchange - ICE Marsh & McLennan Companies, Inc. MMC MasterCard - MA State Street Corp. - STT Truist Financial Corp. - TFC Visa Inc. - V Wells Fargo & Co - WFC US Healthcare AbbVie - ABBV Abbott Laboratories - ABT Boston Scientific Corp. - BSX US Bristol-Myers Squibb - BMY CVS Health - CVS Danaher Corporation - DHR Horizon Therapeutics Plc - HZNP Humana Inc. - HUM Johnson & Johnson - JNJ Laboratory Corporation of America Hldg LH Merck & Co. - MRK Teleflex Inc. - TFX AECOM - ACM US Emerson Electric Co. - EMR US FedEx Corp. - FDX Honeywell International - HON ITT, Inc. - ITT Johnson Controls - JCI Lockheed Martin Corp. - LMT Parker-Hannifin Corp. - PH Raytheon Technologies Corp. - RTX Rockwell Automation, Inc - ROK Trane Technologies - TT Union Pacific - UNP Sector Healthcare Preference Most Preferred Industrials Industrials Industrials Industrials Industrials Industrials Industrials Industrials Industrials Industrials Industrials Industrials Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Information Technology Information Technology Information Technology Information Technology Information Technology Information Technology Information Technology Information Technology Information Technology Information Technology Information Technology Information Technology Information Technology Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Real Estate Real Estate Real Estate Real Estate Real Estate Real Estate Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred US Information technology Adobe Systems Inc. - ADBE Cisco Systems Inc. - CSCO HP INC - HPQ Intel Corp. - INTC Juniper Networks - JNPR Micron Technology Inc - MU Microsoft Corp. - MSFT Nutanix Inc - NTNX ON Semiconductor Corporation - ON Oracle Corporation - ORCL Palo Alto Networks - PANW Pure Storage Inc - PSTG Salesforce.com - CRM US REITs Alexandria Real Estate - ARE American Tower Corporation - AMT Boston Properties, Inc. - BXP Brixmor Property Group - BRX US Camden Property Trust - CPT Crown Castle International Corp. - CCI 8 Equity Preference Changes UBS CIO WM 12 August 2022 Sectors and industries America Company - Bloomberg Ticker Sector Preference Real Estate Real Estate Real Estate Real Estate Real Estate Real Estate Real Estate Real Estate Real Estate Real Estate Real Estate Real Estate Real Estate Real Estate Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Utilities Utilities Utilities Utilities Utilities Utilities Utilities Most Preferred Least Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred US REITs Equinix - EQIX Essex Property Trust, Inc. - ESS Hudson Pacific Properties - HPP Independence Realty Trust - IRT Invitation Homes Inc - INVH Kimco Realty Corporation - KIM ProLogis - PLD Realty Income Corporation - O Rexford Industrial - REXR Simon Property Group - SPG Sun Communities Inc - SUI UDR Inc. - UDR Ventas Inc. - VTR WP Carey - WPC US Utilities American Electric Power - AEP Consolidated Edison - ED Dominion Energy - D Entergy Corp. - ETR Exelon Corp. - EXC Nextera Energy Inc. - NEE Sempra Energy - SRE 9 Equity Preference Changes UBS CIO WM 12 August 2022 Themes America Currently no content changes in this category. 10 Equity Preference Changes 12 August 2022 UBS CIO WM Regions and countries Europe Company - Bloomberg Ticker Country / Region Preference Netherlands Netherlands France Netherlands France Germany Germany Belgium Portugal Spain Finland Germany Germany Germany France France Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Germany France Germany Germany Germany Germany Germany Germany Germany Germany Germany United States of America Germany Germany Germany Germany Germany Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Least Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Eurozone ASML - ASML NA Ahold Delhaize - AD NA Airbus Group NV - AIR FP Akzo Nobel - AKZA NA Axa - CS FP Bayer - BAYN GY Deutsche Telekom - DTE GF Galapagos - GLPG NA Galp Energia - GALP PL Inditex SA - ITX SM Nokia - NOKIA FH Porsche Automobile Holding SE - PAH3 GY RWE - RWE GR SAP AG - SAP GY Societe Generale - GLE FP TotalEnergies - TTE FP Company - Bloomberg Ticker Siemens Healthineers - SHL GY Symrise - SY1 GY Volkswagen Preference - VOW3 GY Vonovia - VNA GY Preference Most Preferred Most Preferred Most Preferred Most Preferred ABB Ltd - ABBN SW Baloise-Holding - BALN SW Compagnie Financiere Richemont SA - CFR SW Emmi AG - EMMN SW Georg Fischer AG - GF SW Lonza Group AG - LONN SW Nestle SA - NESN SW Novartis AG - NOVN SW Partners Group Holding AG - PGHN SW Roche Holding AG - ROG SW SGS - SGSN SW SIG Combibloc Group AG - SIGN SW Softwareone Holding AG - SWON SW Stadler Rail N - SRAIL SW Swiss Life - SLHN SW Zurich Insurance Group - ZURN SW Switzerland Switzerland Switzerland Most Preferred Most Preferred Most Preferred Switzerland Switzerland Switzerland Switzerland Switzerland Switzerland Switzerland Switzerland Switzerland Switzerland Switzerland Switzerland Switzerland Least Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred AstraZeneca - AZN LN BAT UK - BATS LN BP PLC - BP/ LN Compass Group - CPG LN ConvaTec Group Plc - CTEC LN Croda International - CRDA LN Diageo - DGE LN Experian Group - EXPN LN GSK PLC - GSK LN Glencore plc - GLEN LN JUPITER FUND - JUP LN Reckitt Benckiser - RKT LN SEGRO - SGRO LN United Kingdom United Kingdom United Kingdom United Kingdom United Kingdom United Kingdom United Kingdom United Kingdom United Kingdom United Kingdom United Kingdom United Kingdom United Kingdom Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Least Preferred Most Preferred Most Preferred Switzerland Germany Adidas AG - ADS GY Airbus Group NV - AIR FP Allianz - ALV GY Bayer - BAYN GY Deutsche Bank - DBK GR Deutsche Boerse - DB1 GR Deutsche Post - DPW GR Deutsche Telekom - DTE GF E.ON - EOAN GR HeidelbergCement - HEI GY Henkel - HEN3 GY Linde PLC - LIN GY Mercedes-Benz Group - MBG GR RWE - RWE GR Rheinmetall - RHM GY SAP AG - SAP GY Siemens - SIE GY Country / Region Germany Germany Germany Germany UK 11 Equity Preference Changes UBS CIO WM 12 August 2022 Regions and countries Europe Company - Bloomberg Ticker Country / Region Preference United Kingdom United Kingdom United Kingdom Most Preferred Most Preferred Most Preferred UK Tesco - TSCO LN Vodafone Group - VOD LN Weir - WEIR LN 12 Equity Preference Changes 12 August 2022 UBS CIO WM Themes Europe Company - Bloomberg Ticker Sector Preference Industrials Communication Services Consumer Staples Consumer Discretionary Communication Services Healthcare Consumer Staples Energy Materials Industrials Industrials Consumer Discretionary Healthcare Utilities Information Technology Consumer Staples Energy Consumer Staples Financials Healthcare Energy Information Technology Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Information Technology Communication Services Consumer Discretionary Utilities Information Technology Communication Services Financials Information Technology Financials Financials Utilities Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred 22 for '22 Airbus Group NV - AIR FP Alibaba - BABA US BAT UK - BATS LN BYD Company Ltd - 1211 HK Baidu, Inc. - BIDU US Bayer - BAYN GY China Resources Beer - 291 HK ExxonMobil Corp. - XOM Glencore plc - GLEN LN Johnson Controls - JCI Lockheed Martin Corp. - LMT Marriott International, Inc. - MAR Merck & Co. - MRK Nextera Energy Inc. - NEE Palo Alto Networks - PANW Reckitt Benckiser - RKT LN Schlumberger Ltd. - SLB Shiseido - 4911 JP Sumitomo Mitsui Financial Group - 8316 JP Thermo Fisher Scientific - TMO TotalEnergies - TTE FP Visa Inc. - V 30 for '30 Accenture PLC-CL A - ACN Alphabet Inc - GOOG Amazon.com - AMZN US American Electric Power - AEP Apple Inc. - AAPL Baidu, Inc. - BIDU US Bank of America Corp - BAC Broadcom Inc. - AVGO DBS Group Holdings Ltd - DBS SP Deutsche Boerse - DB1 GR Engie - ENGI FP Company - Bloomberg Ticker ICICI Bank Ltd - ICICIBC IB IQVIA Holdings Inc - IQV US Johnson & Johnson - JNJ Linde PLC - LIN GY MasterCard - MA Microsoft Corp. - MSFT Nextera Energy Inc. - NEE Nordea - NDA SS OCBC - OCBC SP RWE - RWE GR Samsung Electronics - 005930 KS Siemens - SIE GY Siemens Healthineers - SHL GY Sony - 6758 JP Stryker Corporation - SYK US Tencent Holdings - 700 HK UnitedHealth Group Inc. - UNH US Wuxi Biologics - 2269 HK Xinyi Solar Holdings - 968 HK Sector Financials Healthcare Healthcare Materials Information Technology Information Technology Utilities Financials Financials Utilities Information Technology Industrials Healthcare Consumer Discretionary Healthcare Communication Services Healthcare Healthcare Information Technology Preference Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Materials Industrials Financials Financials Industrials Industrials Utilities Financials Consumer Discretionary Information Technology Industrials Materials Financials Consumer Discretionary Utilities Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred European Greentech Air Liquide - AI FP Alstom - ALO FP Axa - CS FP Baloise-Holding - BALN SW Daimler Truck Holding AG - DTG GY Eiffage - FGR FP Enel - ENEL IM HSBC Holdings PLC - HSBA LN ING GROEP - INGA NA Infineon Technologies AG - IFX GY Legrand - LR FP Linde PLC - LIN GY Lloyds Banking Group - LLOY LN Michelin - ML FP Orsted A/S - ORSTED DC 13 Equity Preference Changes UBS CIO WM 12 August 2022 Themes Europe Company - Bloomberg Ticker Sector Preference Utilities Consumer Discretionary Industrials Energy Communication Services Consumer Discretionary Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Industrials Materials Materials Industrials Utilities Financials Consumer Discretionary Financials Industrials Industrials Consumer Discretionary Utilities Industrials Utilities Consumer Discretionary Industrials Financials Industrials Consumer Discretionary Information Technology Information Technology Financials Information Technology Information Technology Industrials Consumer Discretionary Materials Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred European Greentech RWE - RWE GR Renault SA - RNO FP Siemens - SIE GY Technip Energies N.V. - TE FP Vodafone Group - VOD LN Volkswagen Preference - VOW3 GY Greentech goes global AECOM - ACM US Air Liquide - AI FP Air Products - APD US Alstom - ALO FP American Electric Power - AEP Axa - CS FP BYD Company Ltd - 1211 HK Baloise-Holding - BALN SW Central Japan Railway - 9022 JP Daimler Truck Holding AG - DTG GY Denso - 6902 JP Dominion Energy - D Eiffage - FGR FP Enel - ENEL IM Fuyao Glass Industry Group - 600660 CH Generac Holdings Inc - GNRC US HSBC Holdings PLC - HSBA LN Honeywell International - HON ING GROEP - INGA NA Ibiden - 4062 JP Infineon Technologies AG - IFX GY IntercontinentalExchange - ICE Keyence - 6861 JP LONGi Green - 601012 CH Legrand - LR FP Li Auto Inc - LI US Linde PLC - LIN GY Company - Bloomberg Ticker Sector Lloyds Banking Group - LLOY LN Financials MS&AD Insurance Group Holding - 8725 JP Financials Michelin - ML FP Consumer Discretionary NARI Technology - 600406 CH Industrials Nextera Energy Inc. - NEE Utilities Orsted A/S - ORSTED DC Utilities Park24 - 4666 JP Industrials RWE - RWE GR Utilities Reliance Industries - RIL IB Energy Renault SA - RNO FP Consumer Discretionary Rohm - 6963 JP Information Technology Siemens - SIE GY Industrials SoftBank Corp. - 9434 JP Communication Services Sumitomo Mitsui Financial Group - 8316 JP Financials TE Connectivity Ltd. - TEL Information Technology Technip Energies N.V. - TE FP Energy Tesla - TSLA US Consumer Discretionary Toray - 3402 JP Materials Toyota Motor Corp - 7203 JP Consumer Discretionary Trane Technologies - TT Industrials Vodafone Group - VOD LN Communication Services Volkswagen Preference - VOW3 GY Consumer Discretionary XPeng Inc - XPEV US Consumer Discretionary Xinyi Solar Holdings - 968 HK Information Technology Preference Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Investing in distributed ledgers, a nascent opportunity Accenture PLC-CL A - ACN Information Technology Broadcom Inc. - AVGO Information Technology CME Group Inc. - CME Financials Cadence Design - CDNS US Information Technology DBS Group Holdings Ltd - DBS SP Financials Hong Kong Exchanges & Clearing - 388 HK Financials Intel Corp. - INTC Information Technology IntercontinentalExchange - ICE Financials JPMorgan Chase & Co. - JPM Financials MSCI Inc. - MSCI US Financials Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred 14 Equity Preference Changes 12 August 2022 UBS CIO WM Themes Europe Company - Bloomberg Ticker Sector Preference Investing in distributed ledgers, a nascent opportunity MasterCard - MA Meta Platforms - META Micron Technology Inc - MU NASDAQ OMX Group, Inc. - NDAQ US NVIDIA Corporation - NVDA Oracle Corporation - ORCL Samsung Electronics - 005930 KS SoftBank Group Corp. - 9984 JP Synopsys - SNPS US Taiwan Semiconductor Manufacturing 2330 TT Visa Inc. - V Information Technology Communication Services Information Technology Financials Information Technology Information Technology Information Technology Communication Services Information Technology Information Technology Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Information Technology Most Preferred Information Technology Consumer Staples Information Technology Healthcare Financials Consumer Staples Consumer Discretionary Financials Industrials Financials Financials Industrials Industrials Healthcare Energy Consumer Discretionary Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Investing in Europe’s digital leaders ASML - ASML NA Ahold Delhaize - AD NA Amadeus IT Holding - AMS SM AstraZeneca - AZN LN Axa - CS FP Carrefour - CA FP Compass Group - CPG LN Deutsche Boerse - DB1 GR Deutsche Post - DPW GR Lloyds Banking Group - LLOY LN Nordea - NDA SS Schneider Electric - SU FP Siemens - SIE GY Siemens Healthineers - SHL GY Technip Energies N.V. - TE FP Volkswagen Preference - VOW3 GY Investing in the 5G+ era ASML - ASML NA AT&T Inc. - T US Advanced Micro Devices - AMD US Alphabet Inc - GOOG Amazon.com - AMZN US Information Technology Communication Services Information Technology Communication Services Consumer Discretionary Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Company - Bloomberg Ticker Apple Inc. - AAPL Applied Materials Inc. - AMAT Cisco Systems Inc. - CSCO Electronic Arts Inc. - EA Equinix - EQIX KLA-Tencor Corp. - KLAC US LAM Research Corp. - LRCX Micron Technology Inc - MU Microsoft Corp. - MSFT NVIDIA Corporation - NVDA Reliance Industries - RIL IB Samsung Electronics - 005930 KS SoftBank Corp. - 9434 JP Sony - 6758 JP Taiwan Semiconductor Manufacturing 2330 TT Walt Disney Co. - DIS Sector Information Technology Information Technology Information Technology Information Technology Real Estate Information Technology Information Technology Information Technology Information Technology Information Technology Energy Information Technology Communication Services Consumer Discretionary Information Technology Preference Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Communication Services Most Preferred Information Technology Information Technology Communication Services Information Technology Information Technology Information Technology Information Technology Information Technology Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Information Technology Information Technology Information Technology Most Preferred Most Preferred Most Preferred Information Technology Information Technology Information Technology Information Technology Information Technology Information Technology Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Investing in the ABCs of tech ASML - ASML NA Advanced Micro Devices - AMD US Alphabet Inc - GOOG Amadeus IT Holding - AMS SM Applied Materials Inc. - AMAT Broadcom Inc. - AVGO Capgemini - CAP FP Check Point Software Technologies Ltd CHKP US Cisco Systems Inc. - CSCO Cognizant Technology - CTSH US CrowdStrike Holdings, Inc. Class A - CRWD US Dell Inc. - DELL US Fortinet, Inc. - FTNT Gartner Inc - IT US HP INC - HPQ Intel Corp. - INTC LAM Research Corp. - LRCX 15 Equity Preference Changes 12 August 2022 UBS CIO WM Themes Europe Company - Bloomberg Ticker Sector Preference Financials Information Technology Information Technology Information Technology Information Technology Information Technology Information Technology Information Technology Information Technology Information Technology Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Information Technology Communication Services Information Technology Information Technology Information Technology Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Accenture PLC-CL A - ACN Information Technology Akzo Nobel - AKZA NA Materials AstraZeneca - AZN LN Healthcare CapitaLand Integrated Commercial Trust - Real Estate CICT SP Champion Real Estate Investment Trust - Information Technology 2778 HK China Construction Bank Corp - 939 HK Financials China Unicom - A - 600050 CH Communication Services Consolidated Edison - ED Utilities Denso - 6902 JP Consumer Discretionary Emmi AG - EMMN SW Consumer Staples Equinix - EQIX Real Estate Fujitsu - 6702 JP Information Technology Galp Energia - GALP PL Energy Home Product Center - HMPRO TB Consumer Discretionary Hong Kong Exchanges & Clearing - 388 HK Financials Inditex SA - ITX SM Consumer Discretionary Infosys Ltd - INFO IB Information Technology Most Preferred Most Preferred Most Preferred Most Preferred Investing in the ABCs of tech MSCI Inc. - MSCI US Marvell Technology Group Ltd. - MRVL US Micron Technology Inc - MU Microsoft Corp. - MSFT NVIDIA Corporation - NVDA Oracle Corporation - ORCL Palo Alto Networks - PANW ServiceNow - NOW US Splunk - SPLK US Taiwan Semiconductor Manufacturing 2330 TT Texas Instruments Inc. - TXN Thomson Reuters - TRI CN VMware, Inc - VMW US Workday - WDAY US Zscaler Inc - ZS US Long and short of Sustainable Investing Least Preferred Most Preferred Least Preferred Least Preferred Most Preferred Least Preferred Most Preferred Most Preferred Most Preferred Least Preferred Most Preferred Most Preferred Most Preferred Company - Bloomberg Ticker Sector Johnson & Johnson - JNJ Healthcare Johnson Controls - JCI Industrials Kao - 4452 JP Consumer Staples Medtronic, Inc. - MDT Healthcare Merck & Co. - MRK Healthcare MetaWater - 9551 JP Industrials Nokia - NOKIA FH Information Technology PepsiCo Inc. - PEP US Consumer Staples ProLogis - PLD Real Estate Recruit Holdings - 6098 JP Industrials S&P Global - SPGI US Financials Salesforce.com - CRM Information Technology Samsung Electronics - 005930 KS Information Technology Samsung Heavy Ind. - 010140 KS Industrials Sanan Optoelectronics Co L-A - 600703 CH Information Technology Sempra Energy - SRE Utilities Smartone - 315 HK Communication Services SoftBank Corp. - 9434 JP Communication Services Taiwan Semiconductor Manufacturing Information Technology 2330 TT Toray - 3402 JP Materials Toyota Motor Corp - 7203 JP Consumer Discretionary Trane Technologies - TT Industrials United Overseas Bank - UOB SP Financials Visa Inc. - V Information Technology Vodafone Group - VOD LN Communication Services Xinyi Solar Holdings - 968 HK Information Technology Yum China Holdings - YUMC US Consumer Discretionary Preference Most Preferred Most Preferred Least Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Least Preferred Least Preferred Most Preferred Least Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Security takes center stage ASML - ASML NA Bayer - BAYN GY Cheniere Energy Inc - LNG US Dassault Aviation SA - AM FP Emerson Electric Co. - EMR US Halliburton Co. - HAL Iberdrola - IBE SM Information Technology Healthcare Energy Industrials Industrials Energy Utilities Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred 16 Equity Preference Changes 12 August 2022 UBS CIO WM Themes Europe Company - Bloomberg Ticker Sector Preference Energy Industrials Industrials Utilities Industrials Materials Information Technology Utilities Industrials Industrials Information Technology Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Consumer Discretionary Consumer Discretionary Consumer Staples Consumer Discretionary Consumer Discretionary Consumer Discretionary Consumer Discretionary Consumer Discretionary Information Technology Consumer Discretionary Consumer Discretionary Consumer Discretionary Consumer Discretionary Consumer Staples Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Financials Information Technology Materials Healthcare Financials Real Estate Energy Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Security takes center stage Kinder Morgan Inc - KMI US L3Harris Technologies Inc. - LHX US Lockheed Martin Corp. - LMT Nextera Energy Inc. - NEE Northrop Grumman Corp. - NOC US Nutrien Rg - NTR US Palo Alto Networks - PANW RWE - RWE GR Rheinmetall - RHM GY Thales - HO FP Venustech Grp -A- - 002439 CH Sports - higher, faster, stronger Adidas AG - ADS GY Anta Sports Products - 2020 HK Asics Corporation - 7936 JP Deckers Outdoor - DECK US Li Ning - 2331 HK Lululemon Athletica - LULU US Nike Inc. - NKE US Puma - PUM GY Samsung Electronics - 005930 KS Shenzhou Intl Group - 2313 HK Skechers USA-A - SKX US Sony - 6758 JP Topsports - 6110 HK Xtep International Holdings - 1368 HK Sustainable investing, global leaders AIA Group - 1299 HK Accenture PLC-CL A - ACN Akzo Nobel - AKZA NA AstraZeneca - AZN LN DBS Group Holdings Ltd - DBS SP Equinix - EQIX Galp Energia - GALP PL Company - Bloomberg Ticker Inditex SA - ITX SM Johnson & Johnson - JNJ Johnson Controls - JCI Medtronic, Inc. - MDT Merck & Co. - MRK Nokia - NOKIA FH PepsiCo Inc. - PEP US ProLogis - PLD S&P Global - SPGI US Salesforce.com - CRM Sempra Energy - SRE SoftBank Corp. - 9434 JP Taiwan Semiconductor Manufacturing 2330 TT Toyota Motor Corp - 7203 JP Trane Technologies - TT Visa Inc. - V Vodafone Group - VOD LN Sector Consumer Discretionary Healthcare Industrials Healthcare Healthcare Information Technology Consumer Staples Real Estate Financials Information Technology Utilities Communication Services Information Technology Preference Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Consumer Discretionary Industrials Information Technology Communication Services Most Preferred Most Preferred Most Preferred Most Preferred Industrials Healthcare Information Technology Communication Services Information Technology Information Technology Information Technology Healthcare Energy Materials Information Technology Information Technology Consumer Staples Consumer Discretionary Consumer Staples Financials Information Technology Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Sustainable Sharia-friendly ABB Ltd - ABBN SW Abbott Laboratories - ABT Accenture PLC-CL A - ACN Alphabet Inc. Class A - GOOGL Amadeus IT Holding - AMS SM Apple Inc. - AAPL Applied Materials Inc. - AMAT AstraZeneca - AZN LN ExxonMobil Corp. - XOM Linde PLC - LIN GY Micron Technology Inc - MU Microsoft Corp. - MSFT Nestle SA - NESN SW Nike Inc. - NKE US PepsiCo Inc. - PEP US S&P Global - SPGI US SAP AG - SAP GY 17 Equity Preference Changes 12 August 2022 UBS CIO WM Themes Europe Company - Bloomberg Ticker Sector Preference Sustainable Sharia-friendly Singapore Telecom - ST SP Xinyi Solar Holdings - 968 HK Sector Preference Industrials Financials Consumer Discretionary Most Preferred Most Preferred Most Preferred Industrials Consumer Staples Healthcare Financials Industrials Materials Information Technology Financials Financials Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Information Technology Information Technology Information Technology Information Technology Communication Services Consumer Discretionary Information Technology Information Technology Information Technology Information Technology Information Technology Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Information Technology Most Preferred Swiss high quality dividends Communication Services Information Technology Most Preferred Most Preferred Consumer Discretionary Communication Services Financials Financials Financials Consumer Staples Industrials Information Technology Financials Financials Financials Information Technology Consumer Discretionary Financials Industrials Information Technology Real Estate Industrials Consumer Discretionary Energy Information Technology Industrials Communication Services Information Technology Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Consumer Discretionary Financials Industrials Information Technology Information Technology Materials Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Sustainable Supply Chain: Factory Asia 4.0 BYD Company Ltd - 1211 HK Baidu, Inc. - BIDU US Bank Central Asia - BBCA IJ Bank Negara Indonesia - BBNI IJ CIMB Group Holdings Bhd - CIMB MK CP All Plc - CPALL TB China Merchants Holdings - 144 HK Delta Electronics - 2308 TT HDFC Bank - HDFCB IB HSBC Holdings PLC - 5 HK Hang Seng Bank - 11 HK Hon Hai Precision - 2317 TT Hyundai Motor - 005380 KS KB Financial Group - 105560 KS Keppel Corp - KEP SP LONGi Green - 601012 CH Mapletree Logistics Trust - MLT SP NARI Technology - 600406 CH NIO Inc. - NIO US Reliance Industries - RIL IB Samsung Electronics - 005930 KS Shenzhen Inovance - A - 300124 CH Singapore Telecom - ST SP Taiwan Semiconductor Manufacturing 2330 TT Toyota Motor Corp - 7203 JP United Overseas Bank - UOB SP WESTPORTS HOLDINGS BHD - WPRTS MK Wuxi Lead Intelligent - 300450 CS Xinyi Solar Holdings - 968 HK Yunnan Energy New Material Co Ltd 002812 CH Company - Bloomberg Ticker ABB Ltd - ABBN SW Baloise-Holding - BALN SW Compagnie Financiere Richemont SA - CFR SW Georg Fischer AG - GF SW Nestle SA - NESN SW Novartis AG - NOVN SW Partners Group Holding AG - PGHN SW SGS - SGSN SW SIG Combibloc Group AG - SIGN SW Softwareone Holding AG - SWON SW Swiss Life - SLHN SW Zurich Insurance Group - ZURN SW Technology Disruption ASML - ASML NA Accenture PLC-CL A - ACN Adobe Systems Inc. - ADBE Advanced Micro Devices - AMD US Alphabet Inc - GOOG Amazon.com - AMZN US Apple Inc. - AAPL Electronic Arts Inc. - EA Microsoft Corp. - MSFT Oracle Corporation - ORCL Taiwan Semiconductor Manufacturing 2330 TT Visa Inc. - V 18 Equity Preference Changes 12 August 2022 UBS CIO WM Regions and countries Asia Company - Bloomberg Ticker Country / Region Preference AxJ Focus 20 AIA Group - 1299 HK Hong Kong Alibaba - BABA US China (PRC) BOC Hong Kong Holdings Ltd - 2388 HK Hong Kong Baidu, Inc. - BIDU US China (PRC) Bank Central Asia - BBCA IJ Indonesia CK Hutchison Holdings Ltd - 1 HK Hong Kong CP All Plc - CPALL TB Thailand China Mobile (HK) Ltd - 941 HK Hong Kong HDFC Bank - HDFCB IB India Hon Hai Precision - 2317 TT Taiwan Hong Kong Exchanges & Clearing - 388 HK Hong Kong Hong Leong Bank - HLBK MK Malaysia KB Financial Group - 105560 KS Korea (South) MTR Corporation Limited - 66 HK Hong Kong Mapletree Logistics Trust - MLT SP Singapore Reliance Industries - RIL IB India Samsung Electronics - 005930 KS Korea (South) Taiwan Semiconductor Manufacturing Taiwan 2330 TT Tencent Holdings - 700 HK China (PRC) United Overseas Bank - UOB SP Singapore Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred China Alibaba - BABA US Anhui Conch Cement - 914 HK BYD Company Ltd - 1211 HK Baidu, Inc. - BIDU US CIFI Holdings Group Co Ltd - 884 HK China Communications Construction 1800 HK China Longyuan Power Group - 916 HK China Mengniu Dairy - 2319 HK China Mobile (HK) Ltd - 941 HK China National Offshore Oil Corporation 883 HK China Oilfield Services - 2883 HK China Resources Beer - 291 HK China (PRC) Hong Kong China (PRC) China (PRC) Hong Kong China (PRC) Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred China (PRC) Hong Kong Hong Kong Hong Kong Most Preferred Most Preferred Most Preferred Most Preferred China (PRC) China (PRC) Most Preferred Most Preferred Company - Bloomberg Ticker China Resources Land Ltd - 1109 HK China Resources Power - 836 HK Huazhu Group Sp ADR - HTHT US Huishang Bank -H- - 3698 HK JD.com - JD US Li Ning - 2331 HK Meituan Dianping - 3690 HK Postal Savings Bank - 1658 HK Shenzhou Intl Group - 2313 HK Tencent Holdings - 700 HK WH GROUP - 288 HK Wuxi Biologics - 2269 HK Xinyi Solar Holdings - 968 HK Yum China Holdings - YUMC US Zijin Mining Group - H - 2899 HK Country / Region China (PRC) Hong Kong United States of America China (PRC) United States of America Hong Kong Hong Kong Hong Kong Hong Kong China (PRC) Hong Kong Hong Kong Hong Kong United States of America Hong Kong Preference Most Preferred Most Preferred Most Preferred Least Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred China (A-share) Avary Holding Shenzhen - 002938 CS China (PRC) Bank of Nanjing - A - 601009 CH China (PRC) China Communications Construction - A - China (PRC) 601800 CH China Tourism Group Duty Free - 601888 China (PRC) ch China Yangtze Power - A - 600900 CH China (PRC) Fujian Sunner -A - 002299 CH China (PRC) Fuyao Glass Industry Group - 600660 CH China (PRC) Gree - 000651 CH China (PRC) Hangzhou Robam-A - 002508 CH China (PRC) Hengli Hydrauli -A- - 601100 CH China (PRC) Industrial Bank - A - 601166 ch China (PRC) Inner Mongolia Yili - 600887 CH China (PRC) Jiangsu Hengrui Medicine - 600276 CH China (PRC) LONGi Green - 601012 CH China (PRC) Midea - 000333 CH China (PRC) NARI Technology - 600406 CH China (PRC) SAIC Motor - A - 600104 CH China (PRC) Sungrow Power Supply Co Ltd - 300274 CS China (PRC) Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred 19 Equity Preference Changes 12 August 2022 UBS CIO WM Regions and countries Asia Company - Bloomberg Ticker Country / Region Preference China (PRC) China (PRC) Most Preferred Most Preferred China (PRC) Most Preferred China (PRC) Most Preferred AIA Group - 1299 HK Hong Kong BOC Hong Kong Holdings Ltd - 2388 HK Hong Kong CK Asset Holdings - 1113 HK Hong Kong CK Hutchison Holdings Ltd - 1 HK Hong Kong CK Infrastructure holdings - 1038 HK Hong Kong CLP Holdings - 2 HK Hong Kong Galaxy Entertainment Group - 27 HK Hong Kong HKT Trust - 6823 HK Hong Kong HSBC Holdings PLC - 5 HK Hong Kong Hang Seng Bank - 11 HK Hong Kong Hong Kong Exchanges & Clearing - 388 HK Hong Kong Link REIT - 823 HK Hong Kong MTR Corporation Limited - 66 HK Hong Kong Smartone - 315 HK Hong Kong Techtronic Industries - 669 HK Hong Kong Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Least Preferred Most Preferred Apollo Hospitals Enterprise - APHS IB Ashok Leyland - AL IN Asian Paints Ltd. - APNT IB Axis Bank Ltd. - AXSB IN Bharat Petroleum Corporation - BPCL IB Bosch - BOS IB DLF Limited - DLFU IB Dalmia Bharat - DALBHARA IN Eicher Motors Limited - EIM IB HDFC Bank - HDFCB IB Havells India - HAVL IB Hero MotoCorp - HMCL IN Most Preferred Least Preferred Most Preferred Most Preferred Most Preferred Least Preferred Most Preferred Most Preferred Most Preferred Most Preferred Least Preferred Least Preferred China (A-share) Universal Scientific Industrial - 601231 CH WuXi AppTec Co., Ltd. Class A - 603259 CH Yunnan Energy New Material Co Ltd 002812 CH Zijin Mining - A - 601899 CH Hong Kong India India India India India India India India India India India India India Company - Bloomberg Ticker Hindustan Unilever - HUVR IB ICICI Bank Ltd - ICICIBC IB ICICI Lombard General Insurance Co Ltd ICICIGI IB INDRAPRASTHA GAS - IGL IB ITC - ITC IB Infosys Ltd - INFO IB L & T - LT IN L&T Finance - LTFH IB Mahindra & Mahindra Financial - MMFS IB Maruti Suzuki India - MSIL IB PVR DS - PVRL IB Quess Corp - QUESS IB Reliance Industries - RIL IB Tata Motors - TTMT IB United Spirits Ltd - UNSP IB Voltas - VOLT IB Wipro Ltd. - WPRO IB Country / Region India India India Preference Most Preferred Most Preferred Most Preferred India India India India India India India India India India India India India India Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Least Preferred Most Preferred Most Preferred Most Preferred Indonesia Indonesia Indonesia Indonesia Indonesia Indonesia Indonesia Indonesia Indonesia Indonesia Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Least Preferred Most Preferred Japan Japan Japan Japan Japan Japan Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Indonesia Astra International - ASII IJ Bank Central Asia - BBCA IJ Bank Mandiri - BMRI IJ Bank Negara Indonesia - BBNI IJ Bank Rakyat Indonesia - BBRI IJ Bukalapak - BUKA IJ Bumi Serpong Damai Tbk - BSDE IJ Ciputra Development - CTRA IJ GoTo - GOTO IJ MAP Aktif Adiperkasa - MAPA IJ Japan Central Japan Railway - 9022 JP Daiichi Life - 8750 JP Denso - 6902 JP Fancl - 4921 JP Fujitsu - 6702 JP Japan Airlines - 9201 JP 20 Equity Preference Changes UBS CIO WM 12 August 2022 Regions and countries Asia Company - Bloomberg Ticker Japan Japan Hotel REIT Investment Corp. - 8985 JP Kao - 4452 JP Keyence - 6861 JP Mitsubishi UFJ Financial Group - 8306 JP Recruit Holdings - 6098 JP Rohm - 6963 JP Shimano - 7309 JP Shin-Etsu Chemical - 4063 JP SoftBank Corp. - 9434 JP SoftBank Group Corp. - 9984 JP Sumitomo Mitsui Financial Group - 8316 JP Suzuki Motor - 7269 JP TDK - 6762 JP Toray - 3402 JP Z Holdings Corp - 4689 JP Singapore CapitaLand Integrated Commercial Trust CICT SP CapitaLand Investment - CLI SP ComfortDelgro - CD SP Keppel Corp - KEP SP Mapletree Logistics Trust - MLT SP OCBC - OCBC SP Singapore Telecom - ST SP Suntec Real Estate Investment Trust - SUN SP United Overseas Bank - UOB SP Wilmar International Limited - WIL SP Country / Region Preference Japan Most Preferred Japan Japan Japan Japan Japan Japan Japan Japan Japan Japan Japan Japan Japan Japan Least Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Singapore Most Preferred Singapore Singapore Singapore Singapore Singapore Singapore Singapore Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Least Preferred Singapore Singapore Most Preferred Most Preferred 21 Equity Preference Changes 12 August 2022 UBS CIO WM Themes Asia Company - Bloomberg Ticker Sector Preference Financials Financials Financials Consumer Discretionary Financials Consumer Discretionary Real Estate Communication Services Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Least Preferred Most Preferred Most Preferred Financials Most Preferred Communication Services Consumer Discretionary Communication Services Financials Healthcare Utilities Utilities Information Technology Consumer Discretionary Information Technology Consumer Discretionary Information Technology Consumer Discretionary Real Estate Consumer Discretionary Financials Consumer Discretionary Communication Services Industrials Industrials Energy Information Technology Communication Services Communication Services Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred ASEAN's New Economy Banco de Oro Universal Bank - BDO PM Bank Central Asia - BBCA IJ Bank Negara Indonesia - BBNI IJ Bukalapak - BUKA IJ DBS Group Holdings Ltd - DBS SP GoTo - GOTO IJ Mapletree Logistics Trust - MLT SP Philippine Long Distance Telephone Co. TEL PM Techcombank - TCB VN Asia New Economy Leaders Alibaba - BABA US BYD Company Ltd - 1211 HK Baidu, Inc. - BIDU US Bank Central Asia - BBCA IJ CSPC Pharmaceutical - 1093 HK China Longyuan Power Group - 916 HK China Yangtze Power - A - 600900 CH Delta Electronics - 2308 TT Denso - 6902 JP Hon Hai Precision - 2317 TT JD.com - JD US LONGi Green - 601012 CH Li Auto Inc - LI US Mapletree Logistics Trust - MLT SP Meituan Dianping - 3690 HK Mitsubishi UFJ Financial Group - 8306 JP NIO Inc. - NIO US NetEase.com - NTES US Park24 - 4666 JP Recruit Holdings - 6098 JP Reliance Industries - RIL IB Samsung Electronics - 005930 KS Singapore Telecom - ST SP SoftBank Corp. - 9434 JP Company - Bloomberg Ticker SoftBank Group Corp. - 9984 JP Sony - 6758 JP Suzuki Motor - 7269 JP TDK - 6762 JP Taiwan Semiconductor Manufacturing 2330 TT Tongwei Co Ltd - 600438 CH Toray - 3402 JP Toyota Motor Corp - 7203 JP United Overseas Bank - UOB SP Weimob Inc - 2013 HK WuXi AppTec - 2359 HK XPeng Inc - XPEV US Xinyi Solar Holdings - 968 HK Yunnan Energy New Material Co Ltd 002812 CH Asia’s new mobility BYD Company Ltd - 1211 HK Contemporary Amperex Technology 300750 CS Denso - 6902 JP Fuyao Glass Industry Group - 600660 CH Huayu Automotive Systems - 600741 CH Huizhou Desay Sv Automotive Co Ltd 002920 CH Hyundai Motor - 005380 KS Infineon Technologies AG - IFX GY Li Auto Inc - LI US Mercedes-Benz Group - MBG GR NARI Technology - 600406 CH NIO Inc. - NIO US NVIDIA Corporation - NVDA Rohm - 6963 JP Sinopec - 386 HK Tesla - TSLA US Toray - 3402 JP Toyota Motor Corp - 7203 JP Sector Communication Services Consumer Discretionary Consumer Discretionary Information Technology Information Technology Preference Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Consumer Staples Materials Consumer Discretionary Financials Information Technology Healthcare Consumer Discretionary Information Technology Materials Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Consumer Discretionary Industrials Most Preferred Most Preferred Consumer Discretionary Consumer Discretionary Consumer Discretionary Consumer Discretionary Most Preferred Most Preferred Most Preferred Most Preferred Consumer Discretionary Information Technology Consumer Discretionary Consumer Discretionary Industrials Consumer Discretionary Information Technology Information Technology Energy Consumer Discretionary Materials Consumer Discretionary Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred 22 Equity Preference Changes 12 August 2022 UBS CIO WM Themes Asia Company - Bloomberg Ticker Sector Preference Consumer Discretionary Consumer Discretionary Materials Most Preferred Most Preferred Most Preferred Asia’s new mobility Volkswagen Preference - VOW3 GY XPeng Inc - XPEV US Yunnan Energy New Material Co Ltd 002812 CH Be ready for Japan's normalization ANA Holdings Inc - 9202 JP Central Japan Railway - 9022 JP Fancl - 4921 JP Ibiden - 4062 JP Japan Airlines - 9201 JP Japan Hotel REIT Investment Corp. - 8985 JP Park24 - 4666 JP Recruit Holdings - 6098 JP Industrials Industrials Consumer Staples Information Technology Industrials Real Estate Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Industrials Industrials Most Preferred Most Preferred Financials Energy Financials Financials Industrials Utilities Consumer Staples Financials Utilities Consumer Staples Communication Services Energy Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Energy Consumer Staples Financials Industrials Materials Information Technology Real Estate Industrials Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Beneficiaries of tightening AIA Group - 1299 HK Adaro Energy - ADRO IJ BOC Hong Kong Holdings Ltd - 2388 HK Bank Negara Indonesia - BBNI IJ CK Hutchison Holdings Ltd - 1 HK CK Infrastructure holdings - 1038 HK Charoen Pokphand - CPF TB China Construction Bank Corp - 939 HK China Longyuan Power Group - 916 HK China Mengniu Dairy - 2319 HK China Mobile (HK) Ltd - 941 HK China National Offshore Oil Corporation 883 HK China Oilfield Services - 2883 HK China Resources Beer - 291 HK Hong Leong Bank - HLBK MK Keppel Corp - KEP SP LG Chemical - 051910 KS Lenovo Group Ltd - 992 HK Link REIT - 823 HK NARI Technology - 600406 CH Company - Bloomberg Ticker PetroChina - 857 HK Samsung Electronics - 005930 KS Singapore Telecom - ST SP Sector Energy Information Technology Communication Services Preference Most Preferred Most Preferred Most Preferred Information Technology Consumer Discretionary Industrials Industrials Industrials Information Technology Information Technology Materials Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Communication Services Communication Services Consumer Discretionary Communication Services Consumer Discretionary Consumer Discretionary Communication Services Communication Services Consumer Discretionary Consumer Discretionary Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Communication Services Communication Services Consumer Discretionary Communication Services Consumer Discretionary Consumer Discretionary Communication Services Communication Services Consumer Discretionary Consumer Discretionary Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred China 5G A-share Avary Holding Shenzhen - 002938 CS BYD Co. Ltd -A- - 002594 CH Han's Laser - 002008 CH NARI Technology - 600406 CH Shenzhen Inovance - A - 300124 CH Universal Scientific Industrial - 601231 CH Venustech Grp -A- - 002439 CH Yunnan Energy New Material Co Ltd 002812 CH China 5G H-share Alibaba - BABA US Baidu, Inc. - BIDU US JD.com - JD US Kuaishou Technology - 1024 HK Meituan Dianping - 3690 HK NIO Inc. - NIO US NetEase.com - NTES US Tencent Holdings - 700 HK Trip Com Grp Sp ADS - TCOM US Xiaomi Corp - 1810 HK China’s digital economy Alibaba - BABA US Baidu, Inc. - BIDU US JD.com - JD US Kuaishou Technology - 1024 HK Meituan Dianping - 3690 HK NIO Inc. - NIO US NetEase.com - NTES US Tencent Holdings - 700 HK Trip Com Grp Sp ADS - TCOM US Xiaomi Corp - 1810 HK 23 Equity Preference Changes 12 August 2022 UBS CIO WM Themes Asia Company - Bloomberg Ticker Sector Preference Greater Bay Area: Launching a world-class metropolis AIA Group - 1299 HK Financials Anhui Conch Cement - 914 HK Industrials BOC Hong Kong Holdings Ltd - 2388 HK Financials Galaxy Entertainment Group - 27 HK Consumer Discretionary HSBC Holdings PLC - 5 HK Financials Hang Seng Bank - 11 HK Financials Hong Kong Exchanges & Clearing - 388 HK Financials Kerry Logistics Network - 636 HK Industrials New World Development Co Ltd - 17 HK Real Estate Tencent Holdings - 700 HK Communication Services Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Investing in digital subscriptions AT&T Inc. - T US Accenture PLC-CL A - ACN Adobe Systems Inc. - ADBE Advanced Micro Devices - AMD US Alibaba - BABA US Alphabet Inc - GOOG Amadeus IT Holding - AMS SM Apple Inc. - AAPL Broadcom Inc. - AVGO Cadence Design - CDNS US Check Point Software Technologies Ltd CHKP US Electronic Arts Inc. - EA Equinix - EQIX MasterCard - MA Microsoft Corp. - MSFT Oracle Corporation - ORCL Salesforce.com - CRM ServiceNow - NOW US Synopsys - SNPS US Walt Disney Co. - DIS Communication Services Information Technology Information Technology Information Technology Communication Services Communication Services Information Technology Information Technology Information Technology Information Technology Information Technology Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Information Technology Real Estate Information Technology Information Technology Information Technology Information Technology Information Technology Information Technology Communication Services Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Consumer Discretionary Information Technology Most Preferred Most Preferred Japan embraces sustainable investing Denso - 6902 JP Fujitsu - 6702 JP Company - Bloomberg Ticker MetaWater - 9551 JP Recruit Holdings - 6098 JP Shin-Etsu Chemical - 4063 JP SoftBank Corp. - 9434 JP Suzuki Motor - 7269 JP TDK - 6762 JP Toray - 3402 JP Toyota Motor Corp - 7203 JP Sector Industrials Industrials Materials Communication Services Consumer Discretionary Information Technology Materials Consumer Discretionary Preference Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Daiichi Life - 8750 JP Financials Fujitsu - 6702 JP Information Technology MS&AD Insurance Group Holding - 8725 JP Financials Mitsubishi UFJ Financial Group - 8306 JP Financials Mizuho Financial Group - 8411 JP Financials SoftBank Corp. - 9434 JP Communication Services Sumitomo Mitsui Financial Group - 8316 JP Financials T&D Holdings - 8795 JP Financials Tokio Marine Holdings - 8766 JP Financials Z Holdings Corp - 4689 JP Communication Services Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Japan financial winners Japan’s Greentech opportunities Central Japan Railway - 9022 JP Denso - 6902 JP Ibiden - 4062 JP Keyence - 6861 JP Park24 - 4666 JP Rohm - 6963 JP Shimano - 7309 JP Suzuki Motor - 7269 JP TDK - 6762 JP Toray - 3402 JP Toyota Motor Corp - 7203 JP Industrials Consumer Discretionary Information Technology Information Technology Industrials Information Technology Consumer Discretionary Consumer Discretionary Information Technology Materials Consumer Discretionary Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Japan's corporate governance improves shareholders' return Denso - 6902 JP Consumer Discretionary MS&AD Insurance Group Holding - 8725 JP Financials Recruit Holdings - 6098 JP Industrials Most Preferred Most Preferred Most Preferred 24 Equity Preference Changes 12 August 2022 UBS CIO WM Themes Asia Company - Bloomberg Ticker Sector Preference Japan's corporate governance improves shareholders' return Rohm - 6963 JP Shimano - 7309 JP Shin-Etsu Chemical - 4063 JP SoftBank Group Corp. - 9984 JP Tokio Marine Holdings - 8766 JP Information Technology Consumer Discretionary Materials Communication Services Financials Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Materials Industrials Materials Materials Financials Industrials Financials Financials Financials Consumer Discretionary Industrials Consumer Staples Financials Industrials Financials Materials Financials Industrials Materials Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Energy Most Preferred Energy Industrials Industrials Industrials Consumer Discretionary Consumer Discretionary Consumer Discretionary Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Position for Asia reopening & reflation Angang Steel - 347 HK Anhui Conch Cement - 914 HK Asia Cement - 1102 TT Asian Paints Ltd. - APNT IB BOC Hong Kong Holdings Ltd - 2388 HK BTS Group Holdings - BTS TB Banco de Oro Universal Bank - BDO PM Bangkok Bank PCL - BBL TB Bank Central Asia - BBCA IJ Berli Jucker - BJC TB CK Hutchison Holdings Ltd - 1 HK CP All Plc - CPALL TB CTBC Financial Holding - 2891 TT China Conch Venture - 586 HK China Construction Bank Corp - 939 HK China Hongqiao Group - 1378 HK China Merchants Bank - 3968 HK China Merchants Holdings - 144 HK China National Building Materials - 3323 HK China National Offshore Oil Corporation 883 HK China Oilfield Services - 2883 HK China Railway Group - 390 HK ComfortDelgro - CD SP Cosco Shipping Ports - 1199 HK Galaxy Entertainment Group - 27 HK Genting Malaysia - GENM MK Genting Singapore - GENS SP Company - Bloomberg Ticker Hindustan Petroleum - HPCL IB Hong Leong Bank - HLBK MK ICICI Bank Ltd - ICICIBC IB Inari Amertron - INRI MK KB Financial Group - 105560 KS Keppel Corp - KEP SP L & T - LT IN Nan Ya Plastics - 1303 TT OCBC - OCBC SP PTT Exploration & Production - PTTEP TB Postal Savings Bank - 1658 HK Reliance Industries - RIL IB Siam Cement - SCC TB TOA Paint Rg - TOA TB Techtronic Industries - 669 HK Thai Beverage - THBEV SP Travelsky - 696 HK UltraTech Cement - UTCEM IB United Overseas Bank - UOB SP WESTPORTS HOLDINGS BHD - WPRTS MK Wilmar International Limited - WIL SP Yum China Holdings - YUMC US Zijin Mining Group - H - 2899 HK Zoomlion Heavy - 1157 HK Sector Energy Financials Financials Information Technology Financials Industrials Industrials Materials Financials Energy Financials Energy Materials Materials Industrials Consumer Staples Information Technology Materials Financials Industrials Consumer Staples Consumer Discretionary Materials Industrials Preference Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred 25 Equity Preference Changes 12 August 2022 UBS CIO WM Sectors and industries all compendiums Europe and Asia Company - Bloomberg Ticker Sector Preference Industrials Consumer Discretionary Consumer Discretionary Consumer Discretionary Consumer Discretionary Consumer Discretionary Consumer Discretionary Industrials Consumer Discretionary Most Preferred Most Preferred Most Preferred Most Preferred Least Preferred Most Preferred Most Preferred Most Preferred Most Preferred Financials Financials Consumer Discretionary Financials Consumer Discretionary Financials Financials Most Preferred Most Preferred Most Preferred Least Preferred Most Preferred Most Preferred Most Preferred Consumer Discretionary Consumer Discretionary Consumer Discretionary Most Preferred Most Preferred Most Preferred Consumer Discretionary Consumer Discretionary Consumer Discretionary Consumer Discretionary Consumer Discretionary Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Consumer Discretionary Most Preferred Consumer Staples Consumer Staples Consumer Staples Consumer Staples Consumer Staples Most Preferred Most Preferred Least Preferred Most Preferred Least Preferred European Automobiles Daimler Truck Holding AG - DTG GY Ferrari NV - RACE US Mercedes-Benz Group - MBG GR Michelin - ML FP Pirelli - PIRC IM Porsche Automobile Holding SE - PAH3 GY Renault SA - RNO FP Rheinmetall - RHM GY Volkswagen Preference - VOW3 GY European Banks Banco de Sabadell - SAB SM Deutsche Boerse - DB1 GR ING GROEP - INGA NA JUPITER FUND - JUP LN NatWest Group plc - NWG LN Nordea - NDA SS Societe Generale - GLE FP European Consumer Discretionary Accor - AC FP Adidas AG - ADS GY Compagnie Financiere Richemont SA - CFR SW Compass Group - CPG LN Inditex SA - ITX SM InterContinental Hotels Group - IHG LN Kering - KER FP LVMH Moet Hennessy Louis Vuitton SA MC FP Puma - PUM GY European Consumer Staples Ahold Delhaize - AD NA BAT UK - BATS LN Beiersdorf - BEI GY Carlsberg A/S - CARLB DC Danone - BN FP Company - Bloomberg Ticker Diageo - DGE LN Emmi AG - EMMN SW Heineken - HEIA NA Henkel - HEN3 GY Nestle SA - NESN SW Reckitt Benckiser - RKT LN Tesco - TSCO LN Sector Consumer Staples Consumer Staples Consumer Staples Consumer Staples Consumer Staples Consumer Staples Consumer Staples Preference Most Preferred Least Preferred Most Preferred Least Preferred Most Preferred Most Preferred Most Preferred Energy Energy Energy Energy Energy Energy Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Healthcare Healthcare Healthcare Healthcare Healthcare Healthcare Healthcare Healthcare Healthcare Healthcare Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Industrials Industrials Industrials Industrials Industrials Industrials Industrials Industrials Industrials Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred European Energy BP PLC - BP/ LN Galp Energia - GALP PL Repsol SA - REP SM Technip Energies N.V. - TE FP Tenaris SA - TEN IM TotalEnergies - TTE FP European Healthcare Alcon - ALC SW AstraZeneca - AZN LN Bayer - BAYN GY ConvaTec Group Plc - CTEC LN GSK PLC - GSK LN Galapagos - GLPG NA Lonza Group AG - LONN SW Roche Holding AG - ROG SW Sanofi - SAN FP Siemens Healthineers - SHL GY European Industrials Airbus Group NV - AIR FP Alstom - ALO FP Andritz - ANDR AV Atlas Copco A - ATCOA SS Deutsche Post - DPW GR Eiffage - FGR FP Experian Group - EXPN LN Georg Fischer AG - GF SW International Airlines Group - IAG SM 26 Equity Preference Changes 12 August 2022 UBS CIO WM Sectors and industries all compendiums Europe and Asia Company - Bloomberg Ticker Sector Preference Industrials Industrials Industrials Industrials Industrials Industrials Industrials Industrials Industrials Most Preferred Most Preferred Most Preferred Most Preferred Least Preferred Most Preferred Most Preferred Most Preferred Most Preferred Financials Consumer Discretionary Financials Financials Financials Financials Financials Financials Financials Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Materials Materials Materials Materials Materials Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Real Estate Real Estate Real Estate Real Estate Real Estate Real Estate Real Estate Real Estate Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred European Industrials Krones - KRN GR Legrand - LR FP Rheinmetall - RHM GY Safran SA - SAF FP Sandvik - SAND SS Siemens - SIE GY Teleperformance - TEP FP Vinci - DG FP Weir - WEIR LN European Insurance ASR Nederland - ASRNL NA Allianz - ALV GY Axa - CS FP Baloise-Holding - BALN SW Lancashire - LRE LN Munich Re - MUV2 GR Prudential - PRU LN Swiss Life - SLHN SW Zurich Insurance Group - ZURN SW Company - Bloomberg Ticker Goodman Group - GMG AU Hang Lung Properties - 101 HK Jones Lang Lasal Rg - JLL US Kimco Realty Corporation - KIM LEG Immobilien AG - LEG GR Link REIT - 823 HK Longfor Group Holdings Ltd - 960 HK Mapletree Logistics Trust - MLT SP Mitsui Fudosan - 8801 JP New World Development Co Ltd - 17 HK ProLogis - PLD Realty Income Corporation - O SEGRO - SGRO LN Shurgard Self Storage - SHUR BB UOL Group - UOL SP Unibail-Rodamco - URW NA Vinhomes Joint Stock Company - VHM VN Warehouses De Pauw CVA - WDP BB Sector Real Estate Real Estate Real Estate Real Estate Real Estate Real Estate Real Estate Real Estate Real Estate Real Estate Real Estate Real Estate Real Estate Real Estate Real Estate Real Estate Real Estate Real Estate Preference Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred Most Preferred European Materials Air Liquide - AI FP Akzo Nobel - AKZA NA Croda International - CRDA LN DSM - DSM NA Linde PLC - LIN GY Real Estate British Land - BLND LN CapitaLand Investment - CLI SP China Resources Land Ltd - 1109 HK Ciputra Development - CTRA IJ Cushman & Wake - CWK US Duke Realty Corporation - DRE Equity Residential - EQR Extra Space Storage Inc. - EXR 27 12 August 2022 Equity Preference Changes Appendix Disclosures Security Information* 3M Company ABB Ltd AECOM AIA Group ANA Holdings Inc APA Corporation ASML ASR Nederland AT&T Inc. AZ Electronic Materials AbbVie Abbott Laboratories Accenture PLC-CL A Accor Adaro Energy Adidas AG Adobe Systems Inc. Advanced Micro Devices Ahold Delhaize Air Liquide Air Products Airbus Group NV Akzo Nobel Albemarle Corp Alcon Alexandria Real Estate Alibaba Allianz Ally Financial Alphabet Inc Alphabet Inc. Class A Alstom Amadeus IT Holding Amazon.com American Electric Power American Express American International Group American Tower Corporation American Water Works Company, Inc. Ameriprise Financial Anadarko Petroleum Corp. Analog Devices Inc. Andritz Angang Steel Anhui Conch Cement Anta Sports Products Apollo Hospitals Enterprise Apple Inc. Applied Materials Inc. Aptiv PLC Arista Networks Inc Ashok Leyland Asia Cement Asian Paints Ltd. Asics Corporation Astra International AstraZeneca Atlas Copco A Avary Holding Shenzhen Aviva Axa Axis Bank Ltd. BAT UK BOC Hong Kong Holdings Ltd BP PLC BTS Group Holdings BYD Co. Ltd -ABYD Company Ltd Baidu, Inc. Baloise-Holding Banco de Oro Universal Bank Banco de Sabadell Bangkok Bank PCL Bank Central Asia Bank Mandiri Bank Negara Indonesia 5, 12, 13 Bank Rakyat Indonesia 1, 2, 3, 5, 6, 7, 17, 27, 34, 147 Bank of America Corp 5 Bank of Nanjing - A 3, 11, 18, 27 Bayer Becton Dickinson & Co 5, 12, 13, 15 Beiersdorf 5 Berli Jucker 3, 6, 11 Bharat Petroleum Corporation 1, 3, 4, 5, 11, 12, 13, 27 Blackrock Inc. Boeing Co. 5 Bosch 3, 5, 12, 13 Boston Properties, Inc. 5, 12, 13 Boston Scientific Corp. Bristol-Myers Squibb British Land 12, 13 Brixmor Property Group 5, 12, 13 Broadcom Inc. 5, 9, 12, 13 Bucher Industries AG Bukalapak Bumi Serpong Damai Tbk 5, 154 CIFI Holdings Group Co Ltd 3 CIMB Group Holdings Bhd 1, 3, 4 CK Asset Holdings 5 CK Hutchison Holdings Ltd 3, 5, 6, 7 CK Infrastructure holdings 5 CLP Holdings 5, 18, 147 CME Group Inc. 1, 3, 4, 11, 27 CP All Plc 5, 12, 13 CSL Limited 3, 5, 11 CSPC Pharmaceutical 3, 5, 11 CSX Corp. 3 CTBC Financial Holding CVS Health 5, 12, 13 Cable & Wireless Communications 3, 5, 11, 12, 13, 29 Cadence Design 5, 12, 13 Camden Property Trust 3, 5, 11, 12, 13, 27 Capgemini 5 CapitaLand Integrated Commercial Trust 5 CapitaLand Investment 3, 5, 7, 11, 27, 29, 147 Capital One Financial 12, 13 Carlsberg A/S 3, 5 Carrefour Caterpillar Inc. 18, 176 Cboe Global Markets, Inc. 18, 176 Central Japan Railway 18 Champion Real Estate Investment Trust 1, 3, 4, 5, 7, 11, 12, 13, 27, 38 Charles Schwab Corp Charoen Pokphand 5, 9, 12, 13 Check Point Software Technologies Ltd 5 Cheniere Energy Inc 5 China Communications Construction China Communications Construction - A China Conch Venture China Construction Bank Corp China Hongqiao Group China Longyuan Power Group 3, 5, 11, 12, 13, 27 China Mengniu Dairy China Merchants Bank China Merchants Holdings 3, 11, 27 China Mobile (HK) Ltd 3, 11, 12, 13, 27 China National Building Materials 3 China National Offshore Oil Corporation 1, 3, 5, 11, 16, 27 China Oilfield Services 3, 11, 18, 27 China Railway Group 3, 5, 16 China Resources Beer China Resources Land Ltd 18, 176 China Resources Power 18, 176 China Resources Sanjiu Medical & Pharma 1, 5, 18, 38, 147 China Tourism Group Duty Free 1, 2, 3, 6, 11, 33, 34, 147 China Unicom - A 3 China Yangtze Power - A 3 Chubb Limited 3 Ciputra Development Cisco Systems Inc. 3, 11 Citigroup 1, 2 Security Information* 3 1, 2, 3, 4, 5, 11, 12, 13, 27, 147, 184 1, 3, 6, 11, 158 5 1, 3, 4, 5, 6, 11, 27, 180 3, 5, 11, 12, 13, 27 5 5, 12, 13 5, 12, 13 1, 3, 6, 16, 133 5 5 3, 6 1 1, 2 3, 11, 27 18, 177 1, 18 1 18 3, 5, 11, 12, 13, 27 1, 3, 6, 10 18 1, 2, 5, 6, 10, 12, 13 3, 11 3, 5, 11, 12, 13, 27 5 5, 12, 13 1, 3, 4, 5, 6, 11, 19, 24, 27 5, 12, 13 19 6, 10 3, 5, 11, 12, 13, 27 1, 3 5 5, 9 18, 175, 176 18, 175, 176 1, 3, 18, 176 1, 6 18 18 3, 11, 18, 176 1, 2, 3, 6 18, 175 18 18, 175, 176 18, 176 18, 176 18 18 18 1, 6, 10 175 1, 2, 6 3, 5, 6, 11, 19, 27 5, 12, 13 1, 2, 3, 4, 5, 6, 11, 12, 13, 27, 28 12 August 2022 Equity Preference Changes Appendix Disclosures Security Information* Security Citigroup Citizens Financial Group Cognizant Technology Comerica ComfortDelgro Compagnie Financiere Richemont SA Compass Group ConocoPhillips Consolidated Edison Constellation Energy Group Inc Contemporary Amperex Technology ConvaTec Group Plc Cosco Shipping Ports Coterra Energy Croda International CrowdStrike Holdings, Inc. Class A Crown Castle International Corp. Cummins Inc. Cushman & Wake DBS Group Holdings Ltd DLF Limited DSM Daiichi Life Daimler Truck Holding AG Dalmia Bharat Danaher Corporation Danone Dassault Aviation SA Debenhams Deckers Outdoor Deere & Co. Dell Inc. Delta Electronics Denso Deutsche Bank Deutsche Boerse Deutsche Post Deutsche Telekom Diageo Diamondback Energy, Inc. Discover Financial Services Dominion Energy Duke Realty Corporation E.ON EOG Resources EPAM Systems Eastman Chemical Edwards Lifesciences Corp Eicher Motors Limited Eiffage Electronic Arts Inc. Emerson Electric Co. Emmi AG Encompass Health Enel Energias de Portugal Energy Transfer Engie Entergy Corp. Enterprise Products Partners Equinix Equity Residential Essex Property Trust, Inc. Essity Eversource Energy Exelon Corp. Experian Group Extra Space Storage Inc. ExxonMobil Corp. Fancl FedEx Corp. Ferrari NV Fidelity National Information Services First Solar Inc Fortinet, Inc. Freeport-McMoRan 59 3, 5, 11, 27 5, 12, 13 3, 5 2 1, 3, 6 Fujian Sunner -A Fujitsu Fuyao Glass Industry Group GSK PLC Galapagos Galaxy Entertainment Group Galp Energia Gartner Inc Generac Holdings Inc General Electric Co. 5 5 5 2, 6 1, 16 5 5 5, 12, 13 1, 4, 5 1, 3, 4, 5 1, 3, 11, 27 3 3, 11, 27 5 3 5, 9 3, 5, 12, 13 1, 3, 4, 5, 6, 11, 27 1, 2, 3, 4, 5, 11, 12, 13, 27 3, 19 3, 11 12, 13 1, 3, 5 5 5, 12, 13, 29 3, 5, 11, 12, 13 5 12, 13 5, 12, 13 5 5 5 5 3, 5 1, 2, 3, 6 5 1, 3, 4 1, 3 5, 9 1, 3, 9 3, 5, 11, 12, 13, 27 5, 9 5 5, 6 5 1, 2, 3, 4, 5, 6, 11 3, 5, 11, 12, 13, 27 5 5, 9, 12, 13 3, 5, 11 3, 5 5 5, 12, 13 5 5, 9 Genting Malaysia Genting Singapore Georg Fischer AG Getlink Glencore plc GoTo Goldman Sachs Group Inc. Goodman Group Gree HDFC Bank HKT Trust HP INC HSBC Holdings PLC Halliburton Co. Han's Laser Hang Lung Properties Hang Seng Bank Hangzhou Robam-A Hankook Tire Havells India HeidelbergCement Heineken Hengli Hydrauli -AHenkel Hero MotoCorp Hewlett Packard Enterprise Co Hindustan Petroleum Hindustan Unilever Home Product Center Hon Hai Precision Honeywell International Hong Kong Exchanges & Clearing Hong Leong Bank Horizon Therapeutics Plc Huayu Automotive Systems Huazhu Group Sp ADR Hudson Pacific Properties Huishang Bank -HHuizhou Desay Sv Automotive Co Ltd Humana Inc. Hyundai E&C Hyundai Motor ICICI Bank Ltd ICICI Lombard General Insurance Co Ltd INDRAPRASTHA GAS ING GROEP IQVIA Holdings Inc ITC ITT, Inc. Iberdrola Ibiden Inari Amertron Independence Realty Trust Inditex SA Industrial Bank - A Infineon Technologies AG Infosys Ltd Inner Mongolia Yili Intel Corp. InterContinental Hotels Group IntercontinentalExchange International Airlines Group International Business Machines Invesco Invitation Homes Inc Information* 18, 176 5 5, 15 1, 18 5 5 1, 3, 5, 6, 11, 12, 13, 27, 38, 100 3, 6, 14, 33, 147 1, 2, 3, 6, 125 1, 3, 4, 5, 11, 12, 13, 27 1, 2, 3, 5, 7 3, 5, 11, 12, 13, 19, 27 1, 2, 3, 5, 6, 11, 12, 13, 18, 27 3, 5, 12, 13, 27 1 3, 11, 18 19 3, 11, 147 3, 5, 9 5, 12, 13, 29 18, 19 3, 11 5 5 5 3, 5, 11, 12, 13, 131 1, 2, 6 3, 5, 7 1, 2, 3, 5, 11, 12, 13, 27 5 5 1, 3, 147 5 3, 11, 27 5 3, 5, 11, 12, 13 5, 12, 13 5, 19, 29 3, 15 3, 5, 11, 12, 13, 27 1, 3, 4, 5, 11, 12, 13, 27 5 29 12 August 2022 Equity Preference Changes Appendix Disclosures Security Information* JD.com JPMorgan Chase & Co. JUPITER FUND Japan Airlines Japan Hotel REIT Investment Corp. Jiangsu Hengrui Medicine Johnson & Johnson Johnson Controls Jones Lang Lasal Rg Juniper Networks KB Financial Group KLA-Tencor Corp. Kao Keppel Corp Kering Kerry Logistics Network KeyCorp Keyence Kimco Realty Corporation 1, 3, 5, 18, 147 Morgan Stanley 1, 3, 4, 5, 6, 11, 12, 13, 24, 27 Munich Re 3, 11, 27 NARI Technology NASDAQ OMX Group, Inc. NIO Inc. NVIDIA Corporation 1, 3, 4, 5, 11, 12, 13 Nan Ya Plastics 5, 12, 13 NatWest Group plc 5 Nestle SA 5 NetEase.com 3, 5 New World Development Co Ltd 5, 12, 13 Nextera Energy Inc. Nike Inc. Nokia Nordea Norfolk Southern Corp. 3, 5, 11, 27 Northern Trust Northrop Grumman Corp. 1, 2, 3, 4, 5, 6, 10, 11, 12, 13, Novartis AG 24, 27 Nutanix Inc 5, 9 Nutrien Rg OCBC 18 ON Semiconductor Corporation 6 Oracle Corporation 3 Orsted A/S 3 Ovintiv Inc 3, 5 PNC Financial Serv Grp 5 PTT Exploration & Production PVR DS Palo Alto Networks Park24 Parker-Hannifin Corp. Partners Group Holding AG 5 PepsiCo Inc. 3, 11 PetroChina Philippine Long Distance Telephone Co. 5 Phillips 66 18 Pioneer Natural Resources Co. 1, 2, 4, 5, 6, 10, 18 Pirelli 18 Porsche Automobile Holding SE 3, 5 Postal Savings Bank 18 ProLogis 1, 2, 3, 5, 6, 11, 12, 13, 16, 27 Prudential 3, 5, 11, 12, 13, 29 Puma 5, 6, 32 Pure Storage Inc Qualcomm Inc. 3, 6 Quess Corp 5, 9 RWE Raytheon Technologies Corp. 3, 11 Realty Income Corporation 5 Reckitt Benckiser 1, 12, 13 Recruit Holdings Reliance Industries Renault SA 5 Repsol SA 5, 12, 13 Republic Services Inc. 3, 5, 12, 13, 27 Rexford Industrial Rheinmetall 5 Roche Holding AG 5, 12, 13 Rockwell Automation, Inc 5, 29 Rohm 1, 3, 18 Rowan Companies Inc. 1, 3, 11, 12, 13 S&P Global 3, 5, 6, 7, 12, 13, 24 SAIC Motor - A 3, 5, 11, 12, 13, 27, 147 SAP AG 5, 38 SEGRO SGS 3 SIG Combibloc Group AG 5 SK Hynix 1, 3, 4, 5, 7, 11, 12, 13, 27, 38 Safran SA Salesforce.com 1, 2, 3, 4, 5, 6, 11, 27, 58 Sampo Samsung Electronics 1, 2, 3, 4, 5, 11, 27 Samsung Heavy Ind. Sanan Optoelectronics Co L-A 1, 2, 3, 4, 5, 6, 10, 11, 12, 13, Sandvik Kinder Morgan Inc Krones Kuaishou Technology Kuehne + Nagel L&T L&T Finance L3Harris Technologies Inc. LAM Research Corp. LEG Immobilien AG LEVEL 3 Communications LG Chemical LONGi Green LVMH Moet Hennessy Louis Vuitton SA Laboratory Corporation of America Hldg Lancashire Legrand Lennox International Inc. Lenovo Group Ltd Li Auto Inc Li Ning Linde PLC Link REIT Lloyds Banking Group Lockheed Martin Corp. Logitech International SA Longfor Group Holdings Ltd Lonza Group AG Lululemon Athletica MAP Aktif Adiperkasa MS&AD Insurance Group Holding MSCI Inc. MTR Corporation Limited Mahindra & Mahindra Financial Mapletree Logistics Trust Marathon Petroleum Marriott International, Inc. Marsh & McLennan Companies, Inc. Maruti Suzuki India Marvell Technology Group Ltd. MasterCard Medtronic, Inc. Meituan Dianping Mercedes-Benz Group Merck & Co. MetLife Meta Platforms MetaWater Michelin Micron Technology Inc Microsoft Corp. Midea Mitsubishi UFJ Financial Group Mitsui Fudosan Mizuho Financial Group Moncler Morgan Stanley Security Information* 27, 147 1, 3, 11, 27 5, 12, 13, 19 5, 9, 18 5, 12, 13, 147 1, 3, 4, 5, 11, 16 1, 2, 3, 4, 6, 7, 11, 12, 13, 27 5, 18 1, 3, 6, 10 1, 2, 3, 4, 5, 6, 29 5, 9 5 1, 2, 3, 4, 6 5, 12, 13 1, 3, 4, 5, 11, 12, 13, 27 5, 12, 13 1, 3, 5, 6, 7, 37, 38, 147 5 5 1, 3, 6, 11, 27 5, 9 5, 12, 13 19 5 3, 5, 11, 12, 13, 27 6 5, 29 5, 12, 13, 78 3, 6, 34, 109, 147 1, 3, 4, 5, 6, 12, 13, 24 5, 18, 176 1, 5, 6, 129 5, 29 5, 12, 13 6, 157 3, 18, 176 5 1, 2, 3, 5, 11, 12, 13, 19, 27 12, 13 5 5, 12, 13 1, 3, 5, 6, 11, 12, 13 1, 3, 4, 5, 6, 11, 43 3, 9 3 5, 29 5 1, 2, 3, 6, 7 3, 5, 29, 147 5, 12, 13 3 5, 12, 13 16 6, 7, 14, 147 1, 2, 3, 6, 14, 33, 147 5, 12, 13 3 1 30 12 August 2022 Equity Preference Changes Appendix Disclosures Security Information* Sanofi Schlumberger Ltd. Schneider Electric Sempra Energy ServiceNow Shenzhen Inovance - A Shenzhou Intl Group Shimano Shin-Etsu Chemical Shiseido Shurgard Self Storage Siam Cement Siemens Siemens Healthineers Simon Property Group Singapore Telecom Sinopec Skechers USA-A Smartone Societe Generale SoftBank Corp. SoftBank Group Corp. Softwareone Holding AG Sony Southwestern Energy Company Splunk Stadler Rail N State Street Corp. Stryker Corporation Sumitomo Mitsui Financial Group Sun Communities Inc Suncor Energy Inc. Sungrow Power Supply Co Ltd Suntec Real Estate Investment Trust Suzuki Motor Swiss Life Symrise Synchrony Financial Synopsys T&D Holdings T. Rowe Price Group TDK TE Connectivity Ltd. TOA Paint Rg TPI Composites Inc Taiwan Semiconductor Manufacturing Take-Two Interactive Software Inc Tata Motors Techcombank Technip Energies N.V. Techtronic Industries Teleflex Inc. Teleperformance Tenaris SA Tencent Holdings Terumo Corporation Tesco Tesla Texas Instruments Inc. Thai Beverage Thales The Bank of New York Mellon Corp Thermo Fisher Scientific Thomson Reuters Tokio Marine Holdings Tongwei Co Ltd Topsports Toray TotalEnergies Toyota Motor Corp Tractor Supply Company Trane Technologies Travelers Travelsky Trip Com Grp Sp ADS Truist Financial Corp. 3, 5 5, 9, 12, 13 Security UDR Inc. UOL Group UltraTech Cement 5 Unibail-Rodamco 5, 7 Union Pacific United Overseas Bank 18 United Parcel Service United Spirits Ltd UnitedHealth Group Inc. Universal Scientific Industrial VMware, Inc 1, 6, 10 Valero Energy Corporation 1, 3, 6, 11, 27 Ventas Inc. 1, 6, 45 Venustech Grp -A5, 12, 13 Vestas Wind Systems 6, 10, 205 Vinci 5, 18, 176 Vinhomes Joint Stock Company 5, 9 Visa Inc. Vodafone Group 1, 2, 3, 4, 11, 12, 13 Volkswagen Preference Voltas 1, 3, 4, 6, 11, 27 Vonovia 6, 123 WESTPORTS HOLDINGS BHD 3, 5, 11 WH GROUP 5 WP Carey 1, 5 Walt Disney Co. 3, 6 Warehouses De Pauw CVA 3, 5, 11, 12, 13, 27 Weimob Inc 5, 12, 13 Weir 1, 2, 3, 4, 5, 6, 11, 12, 13, 27 Wells Fargo & Co 5 Wilmar International Limited 5 Wipro Ltd. Workday WuXi AppTec WuXi AppTec Co., Ltd. Class A 1, 2, 3, 6, 7, 39, 40, 147 Wuxi Biologics Wuxi Lead Intelligent 5 XPeng Inc 5 Xiaomi Corp 3 Xinyi Solar Holdings 3, 5, 11, 27 Xtep International Holdings Yum China Holdings 5, 6 Yunnan Energy New Material Co Ltd Z Holdings Corp 5, 9 Zijin Mining - A 5, 38, 147 Zijin Mining Group - H 5 Zoomlion 3, 5 Zoomlion Heavy Zscaler Inc Zurich Insurance Group 3, 18 Information* 5 3, 5, 12, 13, 29 1, 2, 3, 11, 27 3, 5, 11, 12, 13, 27 5 5, 12, 13 5, 12, 13 1, 3, 4, 5, 6, 12, 13, 24 12, 13 5 1, 3, 5, 6, 16, 115, 121 6, 157 1, 2, 3 18 5, 29 3, 5, 7, 11, 12, 13, 27, 38 18 16 1, 3, 4, 5, 6, 7, 11, 12, 13, 27, 147 5 5 18, 176 18, 176 18 5, 9, 18 3, 18, 175 18 1, 2, 6 5, 19 3 18, 176 18, 176 176 176 5 1, 3, 6, 11, 19, 27, 34, 119, 147 5 5 1, 18 3, 11, 12, 13 5, 15 5, 12, 13 12, 13 1, 2, 3, 4, 5, 11, 12, 13, 27 3, 5 1, 3, 4, 11, 27 1 3, 5 3, 5, 12, 13 5 5, 12, 13 3, 5, 11, 12, 13, 27 5, 18 1, 3, 4, 5, 11, 12, 13, 27, 147 31 Equity Preference Changes 12 August 2022 Appendix Disclosures Information 1 Within the past 12 months, UBS AG, its affiliates or subsidiaries has received compensation for investment banking services from this company/entity or one of its affiliates. 2 UBS AG, its affiliates or subsidiaries has acted as manager/co-manager in the underwriting or placement of securities of this company/entity or one of its affiliates within the past 12 months. 3 Within the past 12 months, UBS Securities LLC and/or its affiliates have received compensation for products and services other than investment banking services from this company/entity. 4 This company/entity is, or within the past 12 months has been, a client of UBS Securities LLC, and investment banking services are being, or have been, provided. 5 UBS Securities LLC makes a market in the securities and/or ADRs of this company. 6 UBS AG, its affiliates or subsidiaries expect to receive or intend to seek compensation for investment banking services from this company/entity within the next three months. 7 The equity analyst covering this company, a member of his or her team, or one of their household members has a long common stock position in this company. 8 9 UBS AG, Australia Branch or an affiliate expect to receive or intend to seek compensation for investment banking services from this company/entity within the next three months. Because this security exhibits higher-than-average volatility, the FSR has been set at 15% above the MRA for a Buy rating, and at -15% below the MRA for a Sell rating (compared with 6/-6% under the normal rating system). 10 UBS is acting as manager/co-manager, underwriter, placement or sales agent in regard to an offering of securities of this company/entity or one of its affiliates. 11 This company/entity is, or within the past 12 months has been, a client of UBS Securities LLC, and non-investment banking securities-related services are being, or have been, provided. 12 This company/entity is, or within the past 12 months has been, a client of UBS Financial Services Inc, and non-investment banking securities-related services are being, or have been, provided. 13 Within the past 12 months, UBS Financial Services Inc has received compensation for products and services other than investment banking services from this company. 14 15 UBS AG, its affiliates or subsidiaries owns a net long position exceeding 0.5% of the total issued share capital of this company. Because this security exhibits higher-than-average volatility, the FSR has been set at 25% above the MRA for a Buy rating, and at -25% below the MRA for a Sell rating (compared with 6/-6% under the normal rating system). 16 UBS AG London Branch acts as broker to this company. 17 UBS AG is acting as manager/co-manager, underwriter, placement or sales agent in regard to an offering of securities of this company/entity or one of its affiliates. 18 UBS Securities Hong Kong Limited is a market maker in the Hong Kong-listed securities of this company. 19 An employee of UBS AG, its affiliates or subsidiaries is an officer, director, or advisory board member of this company. 20 22 UBS is acting as Dealer Manager on the announced exchange for the Alam Synergy Pte Ltd targeted bond(s) and agents on the related consent solicitation. UBS AG, Australia Branch is acting as financial advisor to Australia and New Zealand Banking Group Limited on its merchant acquiring joint venture with Worldline, and will receive a fee for acting in this capacity. UBS is acting as a Financial Adviser to Playtech on the possible sale of its Financials division (Finalto) to a management consortium backed by Barinboim Group, Leumi Partners Limited, The Phoenix Insurance Company Limited and Menora Mivtachim Insurance Limited (the Consortium). 23 UBS La Maison de Gestion, its affiliates or subsidiaries owns a net long position exceeding 0.5% of the total issued share capital of this company. 24 25 UBS Securities LLC is acting as manager/co-manager, underwriter, placement or sales agent in regard to an offering of securities of this company/entity or one of its affiliates. UBS AG (UBS) and Banco do Brasil have entered a non-binding Memorandum of Understanding, with the intent of establishing a strategic partnership that would provide investment banking services and institutional securities brokerage in Brazil and in select countries in South America. 26 Within the past 12 months, UBS Securities Canada Inc. or an affiliate has received compensation for investment banking services from this company/entity or one of its affiliates. 27 This company/entity is, or within the past 12 months has been, a client of UBS Securities LLC, and non-securities services are being, or have been, provided. 28 UBS Securities LLC is acting as exclusive financial advisor to Advanced Disposal in the acquisition of all outstanding shares of Advanced Disposal by Waste Management. 29 UBS Financial Services Inc., its affiliates or subsidiaries owns a net long position exceeding 0.5% of the total issued share capital of this company. 30 UBS Securities LLC is acting as advisor to Leagold Mining Corporation in relation to its potential acquisition of Brio Gold Inc. 31 UBS Securities LLC is acting as advisor to the Caisse de depot et placement du Quebec (CDPQ) on the monetization of its 18.47% stake in Quebecor Media. 32 UBS Fund Management (Switzerland) AG beneficially owns more than 3% of the total issued share capital of this company. 33 UBS Fund Management (Switzerland) AG beneficially owns more than 5% of the total issued share capital of this company. 34 UBS Switzerland AG, its affiliates or subsidiaries owns a net long position exceeding 0.5% of the total issued share capital of this company. 35 UBS is acting as the sole financial advisor to San Miguel Corporation with respect to the acquisition of Holcim Philippines from LafargeHolcim Ltd. 36 UBS AG, its affiliates or subsidiaries owns a net long position exceeding 0.5% of the total issued share capital of this company 37 The equity analyst covering this company, a member of his or her team, or one of their household members is an officer, director, or advisory board member of this company. 38 The UBS Wealth Management strategist, a member of his or her team, or one of their household members has a long common stock position in this company. 39 UBS Fund Management (Switzerland) AG beneficially owns 3.09% of the total issued share capital of this company. 40 UBS AG, or subsidiaries owns a net long position exceeding 0.5% of the total issued share capital of this company. 41 UBS Investment Bank acted as sell side advisor to Masisa SA on the sale of forestry assets in Chile. 42 UBS AG London Branch is acting as financial adviser to Centrica on the potential sale of its stake in British Energy 43 UBS AG London Branch is acting as manager/co-manager, underwriter, placement or sales agent in regard to an offering of securities of this company/entity or one of its affiliates. 44 UBS Investment Bank holds a long or short position of 0.5% or more of the listed shares of this company. 45 UBS Europe SE is acting as financial co-advisor to listed Siemens Healthineers AG (currently 85% owned by Siemens AG), on the proposed acquisition of Varian Medical Systems Inc. 46 UBS Europe SE is acting as advisor to Advent on its acquisition of TK Elevators from Thyssen Krupp AG 47 UBS Gestion S.G.I.I.C., SA, its affiliates or subsidiaries owns a net long position exceeding 0.5% of the total issued share capital of this company. 48 UBS La Maison de Gestion, its affiliates or subsidiaries owns a net [Long/Short] position exceeding 0.5% of the total issued share capital of this company. 49 UBS AG, London Branch is acting as co-advisor to Fiat Chrysler Automobiles NV on its announced merger with Peugeot SA 50 UBS Europe SE is advising Worldline SA on the review of strategic alternatives for its TSS activities 51 UBS Europe SE is acting as advisor in regard to an offering of securities of this company/entity or one of its affiliates. 52 UBS AG London Branch acts as co-financial advisor to HRADF on the potential monetisation of their stakes in DEPA Infrastructure and DEPA Commercial. 21 32 Equity Preference Changes 12 August 2022 Appendix Disclosures Information 53 UBS AG, Hong Kong is acting as financial advisor to Geely Automobile Holdings Ltd on its announced discussions concerning a potential combination with Volvo Car AB. 54 UBS Securities Co. Limited is acting as manager/co-manager, underwriter, placement or sales agent in regard to an offering of securities of this company/entity or one of its affiliates. UBS is acting as financial advisor to Kunpeng Asia Limited in its pre-conditional voluntary conditional offer for the H-shares and Domestic shares in Zhejiang New Century Hotel Management Co., Ltd. 55 56 58 UBS is acting as the financial adviser to Hidili Industry International Development Ltd with respect to the potential restructuring of its 8.625% senior notes due 2015. Because UBS believes this security presents significantly higher-than-normal risk, its rating is deemed Buy if the FSR exceeds the MRA by 10% (compared with 6% under the normal rating system). UBS AG, Australia Branch is acting as financial advisor to Commonwealth Bank of Australia in relation to the sale of Colonial First State Global Asset Management to Mitsubishi UFJ Trust and Banking Corporation, and will receive a fee for acting in this capacity. 59 The fixed income analyst covering this company, a member of his or her team, or one of their household members has a long common stock position in this company. 60 62 UBS is acting as exclusive Financial Adviser to LafargeHolcim on the acquisition of Sichuan Shuangma's cement assets. UBS AG, Australia Branch is acting as financial advisor to Tabcorp Holdings Limited in relation to a strategic review of its Gaming Services business, and will receive a fee for acting in this capacity. UBS AG, Australia Branch is acting as financial advisor to Tabcorp Holdings Limited on any proposals received for its Wagering and Media business, and will receive a fee for acting in this capacity. 63 UBS Securities LLC is acting as advisor to Concrete Pumping Holdings Inc on the acquisition of Capital Pumping, LP. 64 66 UBS Financial Services Inc., its affiliates or subsidiaries owns a net [Long/Short] position exceeding 0.5% of the total issued share capital of this company. UBS Securities LLC is acting as manager/co-manager, underwriter, placement or sales agent in regard to an offering of securities of Calamos Long/Short Equity & Dynamic Income Trust or one of its affiliates. UBS is acting as Financial Advisor and Capital Markets Advisor to Deerfield Healthcare Technology Acquisitions Corp. on its business combination with CareMax Medical Centers LLC and IMC Health Medical Centers. 67 UBS Securities LLC is acting as an advisor to EZCORP on its announced agreement to sell its Finmart subsidiary to AlphaCredit 68 UBS Securities LLC is acting as advisor to Ashford Hospitality Trust Inc on their approach to acquire FelCor Lodging Trust. 69 The fixed income analyst covering this company, a member of his or her team, or one of their household members has a long debt position in this company. 70 71 UBS is acting as FINANCIAL ADVISOR TO GLU MOBILE ON THEIR SALE TO ELECTRONIC ARTS UBS is acting as EXCLUSIVE FINANCIAL ADVISOR TO A SPECIAL COMMITTEE OF SELECT INCOME REIT'S BOARD OF TRUSTEES ON ITS $3.2 BILLION COMBINATION WITH GOVERNMENT PROPERTIES INCOME TRUST 72 UBS is acting as Advisor to KPS Capital Partners LP on the acquisition of Garrett Motion Inc. 73 UBS is acting as financial advisor to PRA Health Sciences, Inc., on its announced acquisition by ICON plc. 74 UBS Investment Bank is acting as financial advisor to The Michaels Companies on its acquisition by Apollo Global Management. 75 UBS is acting as Advisor to Ivanti, Inc. on the acquisition of MobileIron Inc And Pulse Secure LLC. UBS Securities LLC is acting as a named advisor to Customers Bancorp on its announced agreement to acquire Higher One Inc's student checking customers and refund management disbursement business. UBS Securities LLC is acting as financial advisor to Clayton, Dubilier & Rice on the acquisition of all of the outstanding shares of Ply Gem Holdings, Inc. common stock in a go-private transaction. 57 61 65 76 77 78 79 UBS Financial Services Inc. its affiliates or subsidiaries owns a net long position exceeding 0.5% of the total issued share capital of this company. Because this company is an announced takeout candidate, UBS believes the security presents lower-than-normal risk. We have widened its rating band to +6%/-10% compared with +6%/6%, respectively, under the normal rating system. 80 UBS is acting as financial and capital markets advisor to Kensington Capital Acquisition Corporation on its publicly announced acquisition of QuantumScape Corporation. 81 83 UBS Securities LLC is acting as financial advisor to select Apollo funds in the announced acquisition of Shutterfly, Inc. UBS Securities LLC is acting as financial advisor to Advance/Newhouse Programming Partnership, an owner of Discovery Communications, on Discovery Communications' acquisition of Scripps Network Interactive. Because UBS believes this security presents significantly higher-than-normal risk, its rating is deemed Buy if the FSR exceeds the MRA by 15% (compared with 6% under the normal rating system). 84 UBS Securities LLC is acting as advisor and providing financing to Towerbrook Capital Partners on its announced agreement to acquire True Religion Apparel. 85 86 UBS Investment Bank is acting as financial advisor to Hellman & Friedman on the acquisition of the Cordis business of Cardinal Health. UBS AG, Australia Branch is acting as financial advisor to Tabcorp Holdings Limited on a strategic review of its structural and ownership options, and will receive a fee for acting in this capacity. 87 UBS Securities India Private Ltd is acting as manager/co-manager, underwriter, placement or sales agent in regard to an offering of securities of this company/entity or one of its affiliates. 88 UBS is acting as financial adviser to Primoris Services Corporation on its announced acquisition of Future Infrastructure Holdings, LLC. 89 UBS AG, Australia Branch is acting as financial advisor to Orocobre Limited on the announced merger with Galaxy Resources Limited, and will receive a fee for acting in this capacity. 90 UBS is acting as financial advisory to Iochpe Maxion SA on its liability management process. 91 UBS is acting as financial advisor to Mobvista (1860.HK) to acquire 100% equity interest in Beijing Reyun Technology. 92 93 UBS is acting as financial advisor to ProQuest in its announced acquisition by Clarivate plc. UBS is acting as a co-manager on Sysco's cash tender offer to purchase its outstanding 7.160% Debentures due 2027, 6.500% Debentures due 2028, 6.625% Senior Notes due 2039, 5.950% Senior Notes due 2030, 6.600% Senior Notes due 2040 and 6.600% Senior Notes due 2050. 94 UBS AG London Branch is acting as financial advisor to KKR on the sale of Viridor's collection business and certain recycling assets to Biffa plc. 95 UBS Europe SE is acting as manager/co-manager, underwriter, placement or sales agent in regard to an offering of securities of this company/entity or one of its affiliates. 96 UBS AG London Branch is acting as financial advisor to Coca-Cola Hellenic in its acquisition of Acque Minerali SrL which is being made in conjunction with The Coca-Cola Co 97 98 The UBS Wealth Management strategist, a member of his or her team, or one of their household members has a short preferred stock position in this company. UBS has been designated by a group of institutional holders of debt securities issued by the Republic of Argentina to facilitate constructive dialogue with the Republic's new administration regarding potential liquidity challenges that the Republic may face in the coming months. 99 UBS AG Hong Kong Branch is acting as financial advisor to Kuri Atyak on the increase of its shareholding in Euroclear 100 UBS is acting as lead financial advisor to Prolec GE on its announced agreement with SPX Corp to acquire its Transformer Solutions business. 101 UBS AG, Australia Branch is acting as a financial advisor to Hansen Technologies Ltd on the proposal received from BGH Capital Pty Ltd, and will receive a fee for acting in this capacity. 102 UBS is acting as advisor to Centuri, a subsidiary of Southwest Gas, on its acquisition of Riggs Distler & Co 103 UBS Europe SE (Luxembourg Branch), its affiliates or subsidiaries owns a net long position exceeding 0.5% of the total issued share capital of this company. 104 UBS is acting as financial advisor to Longview Acquisition Corp for its proposed merger with Butterfly Network. 82 33 Equity Preference Changes 12 August 2022 Appendix Disclosures Information 105 UBS AG, Australia Branch is acting as sole financial advisor to Bay Audio Pty Ltd on the agreement by Amplifon SpA to acquire 100% of its shares, and will receive a fee for acting in this capacity. 106 UBS AG London branch is acting as Financial Advisor and Corporate Broker to Avast PLC following the potential merger with Norton Life Lock Inc. 107 108 UBS Securities LLC is acting as advisor to Longview Acquisition Corp II on its acquisition of Heartflow. UBS AG London Branch is acting as sole Financial Adviser to Coca-Cola HBC Holdings BV and Sponsor to Coca-Cola HBC AG on its acquisition of approximately 94.7% of Coca-Cola Bottling Company of Egypt S.A.E. from a wholly-owned affiliate of The Coca-Cola Company and MAC Beverages Limited. 109 UBS is acting as exclusive financial advisor to Argan (Mauritius) Limited and TA Associates on the sale of Atria Convergence Technologies to Partners Group. 110 UBS Securities LLC is acting as advisor to Advent International Corporation on the cash offer for Swedish Orphan Biovitrum AB. 111 UBS AG London Branch is acting as advisor to Advent International Corporation on the cash offer for Swedish Orphan Biovitrum AB. 112 UBS Europe SE is acting as advisor to Red Electrica de Espana with regards to its interest in selling a minority stake in its fibre unit Reintel. 113 114 UBS is acting as the Sole Financial Advisor and Exclusive Markets Advisor to Artisan acquisition Corp for the merger transaction with PRENETICS INC. UBS is acting as a joint Financial Advisor to Fantasia Holdings Group Co., Limited and Colour Life Services Group Co., Limited in the potential disposal of certain property management operations to Country Garden Services Holdings Co Ltd 115 UBS is acting as a financial advisor to Vodacom Group Ltd on the acquisition of a 55% interest in Vodafone Egypt from Vodafone. 116 UBS Securities Australia Limited is acting as financial advisor to MA Financial Group Limited on its acquisition of Finsure, and will receive a fee for acting in this capacity. 117 118 UBS Europe SE is acting as exclusive financial advisor to National Bank of Greece (NBG) on the carve-out and partial sale of its merchant acquiring business unit to EVO Payments. UBS Securities Australia Limited is acting as financial adviser to Link Group in relation to its recommended acquisition by way of Scheme of Arrangement with Dye & Durham, and other approaches in relation to the company and its assets, and will receive a fee for these services. 119 UBS AG London Branch is acting as financial advisor to Zurich Insurance Group on the sale of an Italian life insurance portfolio to GamaLife. 120 UBS Brasil Administradora de Valores Mobiliarios Ltda, its affiliates or subsidiaries owns a net long position exceeding 0.5% of the total issued share capital of this company. 121 UBS AG London Branch is acting as financial advisor to Vodafone Group Plc in relation to Italy 122 UBS AG London Branch is acting as financial advisor to the International Game Technology on the sale of its Italian commercial payment business to PostePay. 123 UBS Fund Management (Switzerland) AG beneficially owns more than 5% of the total issued share capital of this company 124 UBS Securities Australia Limited is acting as buy side advisor to BGH Capital Pty Ltd with regard to its potential acquisition of Virtus Health (VRT.AU) and may receive a fee for such services. 125 UBS AG London Branch is acting as financial advisor to Glencore PLC on the sale of its Cobar Copper Asset to Metal Acquisition Corp 126 UBS AG London Branch is acting as financial adviser and corporate broker on the possible offer consideration of Homeserve plc by Brookfield Infrastructure Corp. 127 UBS AG London Branch is acting as financial advisor to Schemaquarantatre S.p.A on the announced tender offer for Atlantia S.p.A 128 UBS Fund Management (Switzerland) AG beneficially owns more than 3 of the total issued share capital of this company. 129 UBS is acting as a financial advisor to PLDT Group on the sale of telecom towers to ISOC edotco Towers, Inc. and Comworks Infratech Corp.. UBS Securities Australia Ltd is acting as Financial Advisor to Ramsay Health Care Ltd in relation to the proposal received from a consortium of financial investors led by KKR and will receive a fee for this service 130 131 132 UBS is acting as a Financial Advisor to Clayton, Dubilier & Rice on its acquisition of Kindred at Home from Humana Inc. UBS Securities Japan Co., Ltd. has been appointed as the financial advisor to the Board of Directors of Toshiba Corporation and the Special Committee, of which establishment was resolved by the Board of Directors. 133 UBS AG London Branch is acting as financial advisor to British Land Plc on the sale of its Paddington Central assets to GIC 134 UBS Securities Japan Co., Ltd. is acting as financial advisor to Hitachi Transport System, Ltd. (HTS) in relation to the sale of HTS shares owned by Hitachi, Ltd. 135 UBS is acting as UBS AG London Branch is acting as corporate broker to Capital & Counties Properties PLC in relation to the possible all-share merger of Shaftesbury PLC and Capital & Counties Properties PLC. 136 137 138 139 UBS is acting as sole financial advisor to AyalaLand Logistics Holdings Corp, a subsidiary of Ayala Land, in establishing joint venture partnership with Flow Digital Infrastructure. UBS is engaged as underwriter in an Agribusiness Receivables Certificates (in Portuguese, Certificado de Recebiveis do Agronegocio) issuance, a securitization public offering under Rule CVM 400 and which was made public in March 18, 2022, having Vert Companhia Securitizadora as the issuer, Ipiranga Produtos de Petroleo S.A. as the debtor and Ultrapar Participac?es S.A. as the guarantor. 140 UBS Securities Australia Limited is acting as financial advisor to Incitec Pivot Limited on the demerger of Incitec Pivot Fertilisers and will receive a fee for acting in this capacity. UBS AG London Branch is acting as financial adviser and fairness opinion provider to Atrium European Real Estate Limited on the proposal from Gazit Globe Limited to acquire the equity of the Company not currently owned by Gazit. 141 UBS AG London Branch is acting as Advisor to I Squared Capital Advisors (UK) LLP in relation to the possible acquisition of First Group plc 142 UBS AG, Australia Branch is acting as financial advisor to Atlas Arteria Ltd, regarding any approaches received, and may receive a fee for acting in this capacity. 143 UBS AG London Branch is corporate broker to Mediclinic International plc in relation to the proposed offer from Remgro Limited and MSC Mediterranean Shipping Company SA. 144 UBS AG, Australia Branch is acting as manager/co-manager, underwriter, placement or sales agent in regard to an offering of securities of this company/entity or one of its affiliates. UBS AG London Branch, UBS Europe SE and UBS Securities Australia Ltd are acting as lead financial adviser to Kinetic Group and Globalvia Inversiones S.A.U on the possible offer for GoAhead Group PLC. 145 146 147 UBS AG London Branch is acting as financial advisor to Altus Strategies Plc on its all-share merger with Elemental Royalties Corp. UBS Group AG, its affiliates or subsidiaries beneficially owned 1% or more of a class of this company's common equity securities as of last month's end (or the prior month's end if this report is dated less than 10 days after the most recent month's end). 148 UBS AG London Branch is acting as financial advisor and corporate broker to Euromoney Institutional Investor PLC on the approach from Astorg Asset Management S.ar.l and Epiris LLP. 149 UBS Europe SE is acting as financial advisor to 3i on the sale of Havea Group to BC Partners 150 UBS is acting as exclusive financial advisor to Primoris Services Corporation on acquisition of PLH Group 151 UBS AG is acting as financial advisor to Joffre Capital on the purchase of a stake in Playtika Holding Corp. 152 UBS Group AG, its affiliates or subsidiaries beneficially own more than 5% of the total issued share capital of this company. 153 154 UBS AG London Branch is acting as Financial Advisor to Virya Energy in relation to a review of strategic alternatives for Parkwind NV, which includes a potential sale of the company. UBS AG London Branch is acting as exclusive Financial Adviser to VPI Holding Ltd on its strategic partnership with Air Products for the development of a blue hydrogen production facility in the industrial cluster of Immingham in the UK 155 UBS AG is acting as a financial advisor to buyer consortium led by Recco Control Technology and Dazheng Group on a potential privatisation of Hollysys Automation Technologies. 156 UBS AG is acting as financial advisor to Dufry AG on its announced combination with Autogrill S.p.A.. 34 Equity Preference Changes 12 August 2022 Appendix Disclosures Information 157 UBS Switzerland AG is acting as manager/co-manager, underwriter, placement or sales agent in regard to an offering of securities of this company/entity or one of its affiliates. 158 161 UBS Europe SE is acting as Financial Advisor to Bayer AG regarding the sale of mens health product Nebido to Grunenthal. UBS AG London Branch is acting as Financial Advisor to Telkom on discussions relating to MTN acquiring the entire issued share capital of Telkom in return for shares or a combination of cash and shares in MTN UBS Securities Australia Limited is acting as Joint Lead Manager and Underwriter to Australia and New Zealand Banking Group Limited on a $3.5bn equity raising, and will receive a fee for acting in this capacity. UBS New Zealand Limited is acting as joint financial adviser to Vodafone New Zealand Limited (Vodafone NZ) on the sale of Aoteroa Towers Limited, a company that will own and operate the Vodafone NZ passive mobile tower infrastructure. UBS New Zealand Limited will receive a fee for acting in this capacity. 162 UBS is acting as tender agent on the announced tender offer for Bobst Group SA and will receive a fee for acting in this capacity. 163 UBS Switzerland AG is acting as advisor on the sale of a majority stake in Calida Holding AG. 164 UBS is acting as financial advisor to Celsius Holdings on sale of 8.5% stake to Pepsico Holdings. 165 UBS is acting as exclusive financial advisor to Mail.ru LLC in regards to various structuring and funding options for the formation of a new e-commerce platform 166 UBS Securities Australia Limited is acting as broker to Aristocrat Leisure Limited on a share buy-back, and may receive a fee for acting in this capacity. 167 The equity analyst covering this company, or a member of his or her team, has a family member who is an employee of this company. 168 UBS is working on the sale of UBS Swiss Financial Advisers AG to Vontobel 169 UBS Securities Australia Limited is acting as broker to CSR Limited on an on-market share buy-back, and will receive a fee for acting in this capacity. 170 UBS AG London Branch has a formal advisory relationship to DFS Furniture PLC. 171 UBS Securities Australia Limited has been appointed as broker on a buyback of up to 10% of shares on issue in Downer EDI Limited, and will receive a fee for acting in this capacity. 172 UBS AG London Branch is engaged as a formal financial adviser to Dunelm Group Plc 173 UBS Securities Australia Limited is acting as broker to Eclipx Group Limited on a share buy-back, and may receive a fee for acting in this capacity. 174 UBS Securities Australia Limited is acting as broker to G8 Education Limited on a share buy-back, and may receive a fee for acting in this capacity. US persons are prohibited from purchasing or selling securities of certain companies designated as being associated with the Chinese Military in accordance with the amended US Presidential Executive Order 13959. 159 160 175 176 177 Market capitalisation is calculated by multiplying the current share price by the sum of A and H shares. UBS AG, its affiliates or subsidiaries, is a tenant of 5 Broadgate, a development owned by CK Asset Holdings Ltd. All statements on UBS are sourced from company reports and other publicly available information. 178 UBS Securities Australia Limited has been appointed as broker to Link Administration Holdings on their buyback. 179 UBS Securities Australia Limited is acting as broker to Link Administration Holdings Limited on its announced DRP neutralisation. 180 BlackRock Inc owns 5% or more of a class of UBS Group AG's common equity securitie 181 UBS may not be able to trade or custody the CRB securities referenced in this report in every jurisdiction. 182 UBS Securities Australia Limited has been appointed as broker on a buyback of up to $40m of ordinary shares in Viva Energy Group Limited, and will receive a fee for acting in this capacity. 183 184 UBS Securities Australia Limited is acting as broker to Westpac Banking Corporation on its announced DRP neutralisation. A member of the equity analyst's team covering this company was an employee of the company during the past 12 months and received compensation from the company during that employment. 185 UBS Securities Co. Limited is acting as the bond entrustment manager for Huadian Fuxin Energy Corp Ltd. 186 UBS Securities Co. Limited is acting as the bond entrustment manager for Guodian Technology & Environment Group Corp Ltd. 187 188 UBS Securities Australia Ltd is acting as broker to Peet Limited on its announced on-market buy back, and will receive a fee for acting in this capacity. Gazprom is not currently prohibited by US or EU sanctions in terms of capital market access. Equivalent Canadian sanctions, however, restrict dealings by Canadian persons or in Canada in new debt of Gazprom of greater than 90 days maturity. 189 UBS Securities Co. Limited is acting as the bond entrustment manager for Jihua Group Corp Ltd. 190 UBS Securities Australia Limited has been appointed as broker on Diversified United Investment Limited's buyback, and will receive a fee for acting in this capacity. 191 192 UBS AG, its affiliates or subsidiaries submitted this company's Large Shareholding Reports set forth in Article 27-23 of Financial Instruments and Exchange Act. Please note that all transactions conducted by UBS are consistent with sanctions regulations imposed by Switzerland, the European Union, the United Nations, the United Kingdom and the United States, per UBS' global sanctions policy. UBS opinion as to future investment worthiness assumes no new sanctions are imposed. 193 UBS Securities Co. Limited is acting as the bond entrustment manager for Shanghai Linggang Holdings Corp Ltd. 194 Within the past 12 months, UBS Financial Services Inc has received compensation for products and services other than investment banking services from this company 195 UBS AG London Branch has a formal advisory relationship to Stobart Group Ltd. 196 UBS and Banco do Brasil agreed to enter into a joint venture to create a new investment bank in Brazil. UBS will hold a 50.01% ownership stake with the remainder held by Banco do Brasil. 197 UBS Securities Australia Limited has been appointed as broker on an on-market buyback of ordinary shares in Estia Health Ltd, and will receive a fee for acting in this capacity. 198 UBS Securities Australia Limited has been appointed as broker on an on-market buyback of up to $200m of ordinary shares in Healius Limited, and will receive a fee for acting in this capacity. 199 UBS AG London Branch has a formal advisory relationship to Wincanton Plc. 200 UBS AG London Branch is acting as Solicitation Agent on the announced consent solicitation for Cooperatieve Rabobank UA 201 UBS Securities Australia Limited is acting as broker to Whitehaven Coal Limited on a share buy-back, and may receive a fee for acting in this capacity. UBS is acting as financial advisor to Lifestyle International Holdings Limited, the Offeree, in relation to its proposed privatization by Emerald Energy Holdings Limited by way of scheme of arrangement. 202 203 204 205 UBS Casa de Bolsa, S.A. de C.V. makes a market in the securities of this company. UBS is acting as a financial advisor to Globe Telecom, Inc. (principal shareholders are Singtel Telecommunications Ltd and Ayala Corp) on the sale and leaseback of a portfolio of telecom towers to MIESCOR Infrastructure Development Corporation and Frontier Tower Associates Philippines, Inc. UBS is acting as a financial advisor to Globe Telecom, Inc. (principal shareholders are Singapore Telecommunications Ltd and Ayala Corp) on the sale and leaseback of a portfolio of telecom towers to MIESCOR Infrastructure Development Corporation and Frontier Tower Associates Philippines, Inc. 35 Equity Preference Changes 12 August 2022 Appendix Disclaimer UBS Chief Investment Office's ("CIO") investment views are prepared and published by the Global Wealth Management business of UBS Switzerland AG (regulated by FINMA in Switzerland) or its affiliates ("UBS"). The investment views have been prepared in accordance with legal requirements designed to promote the independence of investment research. Instrument/issuer-specific investment research – Risk information: This publication is for your information only and is not intended as an offer, or a solicitation of an offer, to buy or sell any investment or other specific product. The analysis contained herein does not constitute a personal recommendation or take into account the particular investment objectives, investment strategies, financial situation and needs of any specific recipient. It is based on numerous assumptions. Different assumptions could result in materially different results. Certain services and products are subject to legal restrictions and cannot be offered worldwide on an unrestricted basis and/or may not be eligible for sale to all investors. All information and opinions expressed in this document were obtained from sources believed to be reliable and in good faith, but no representation or warranty, express or implied, is made as to its accuracy or completeness (other than disclosures relating to UBS). All information and opinions as well as any forecasts, estimates and market prices indicated are current as of the date of this report, and are subject to change without notice. This publication is not intended to be a complete statement or summary of the securities, markets or developments referred to in the report. Opinions expressed herein may differ or be contrary to those expressed by other business areas or divisions of UBS as a result of using different assumptions and/or criteria. In no circumstances may this document or any of the information (including any forecast, value, index or other calculated amount ("Values")) be used for any of the following purposes (i) valuation or accounting purposes; (ii) to determine the amounts due or payable, the price or the value of any financial instrument or financial contract; or (iii) to measure the performance of any financial instrument including, without limitation, for the purpose of tracking the return or performance of any Value or of defining the asset allocation of portfolio or of computing performance fees. By receiving this document and the information you will be deemed to represent and warrant to UBS that you will not use this document or otherwise rely on any of the information for any of the above purposes. UBS and any of its directors or employees may be entitled at any time to hold long or short positions in investment instruments referred to herein, carry out transactions involving relevant investment instruments in the capacity of principal or agent, or provide any other services or have officers, who serve as directors, either to/for the issuer, the investment instrument itself or to/for any company commercially or financially affiliated to such issuers. At any time, investment decisions (including whether to buy, sell or hold securities) made by UBS and its employees may differ from or be contrary to the opinions expressed in UBS research publications. 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