UBS Voted top European Equity House Eleventh for Consecutive Year

UBS is today recognized as the leading Pan European Equity house for a record eleventh consecutive year, in the Thomson Reuters Extel Survey. The survey also ranked UBS number one in the equity trading and execution category for the fifth consecutive year and UBS moved up to number one position for Equity Sales (from number two in 2013). This year, UBS was also voted number one in all major categories within Equity trading and execution, including electronic trading and Pan European trading execution for key fund managers.

"Client satisfaction is the most important endorsement for us, so we're delighted that the quality of our business has been recognized again this year," commented Jason Barron, Head of EMEA Equities. "Holding the top spot in three of the most prestigious categories is outstanding, and it's a remarkable achievement to maintain top positions in two of these awards for over a decade. We're very proud of these results and I'd like to thank our clients for their continued partnership and support, as well as our employees for their continued commitment to improving our business."

"Over the last year, we've been focused on enhancing our offering to clients by strengthening our analytical rigor and delivery of ideas and insights," added Mark Stockdale, Head of European Equity Research. "This had led to some changes across our department – and there is more change and investment that is under way and is required - but despite this, our analysts have remained focused on delivering the very best for our clients, which is reflected in this result. Maintaining a top two position for eighteen years shows that our clients clearly recognize the value the UBS Research team adds to their business, year after year, and is a valuable endorsement of our client-centric model."

For further information please visit http://www.extelsurveys.com or www.ubs.com

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NOTES TO EDITORS:

We draw on our 150-year heritage to serve private, institutional and corporate clients worldwide, as well as retail clients in Switzerland. Its business strategy is centred on its pre-eminent global wealth management businesses and its leading universal bank in Switzerland, complemented by its Global Asset Management business and its Investment Bank, with a focus on capital efficiency and businesses that offer a superior structural growth and profitability outlook. Headquartered in Zurich and Basel, Switzerland, UBS is present in all major financial centres worldwide and employs about 60,000 people around the world. It has offices in more than 50 countries, with about 35% of its employees working in the Americas, 36% in Switzerland, 17% in the rest of Europe, the Middle East and Africa and 12% in Asia Pacific. Under Swiss company law, UBS is organized as an Aktiengesellschaft, a corporation that has issued shares of common stock to investors. UBS AG is the parent company of the UBS Group (Group). The operational structure of the Group comprises the Corporate Centre and five business divisions: Wealth Management, Wealth Management Americas, Retail & Corporate, Global Asset Management and the Investment Bank

www.ubs.com