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Sustainability Disclosure 2016 Global Reporting Initiative Content Index Version: March 10, 2017 This content index refers to the 2013 Global Reporting Initiative (GRI) Guidelines 'G4' and the Financial Services Sector Supplements which form together a voluntary reporting framework that provides guidance on how organizations can disclose their sustainability performance. UBS's reporting has been reviewed by Ernst & Young Ltd (EY) against the GRI Sustainability Reporting Guidelines. The content has been prepared in accordance with the comprehensive option of GRI G4 as evidenced in the EY assurance report. The assurance by EY covered all items of the GRI Content Index. Guidance No Numbering according to GRI Guidelines Indicator Short text of indicator Reference Referenced text which covers GRI indicators P: Reference text is included in printed UBS Annual Reporting 2015 W: Additional information is available on the internet Link: Link to reference on the internet or the online version of the printed annual reporting

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1. General Standard Disclosures 1.1. Strategy and Analysis

No Indicator Reference P W Link G4-1 Senior management statement Chairman's statement x GRI Supplement Document - pages 4-5

G4-2 Key impacts, risks and opportunities Sustainability at UBS Objectives & achievements 2016 Objectives 2017 Board of Directors and sustainability

x x x x

GRI Supplement Document - page 4 www.ubs.com/gri www.ubs.com/gri GRI Supplement Document - pages 28-29

1.2. Organizational Profile

No Indicator Reference P W Link G4-3 Name of organization About us x http://www.ubs.com/global/en/about_ubs/about_us.html

G4-4 Products and services Our businesses x http://www.ubs.com/global/en/about_ubs/about_us/our_businesses.html

G4-5 Headquarter location About us x http://www.ubs.com/global/en/about_ubs/about_us.html

G4-6 Countries of operations Locations x http://www.ubs.com/global/en/about_ubs/about_us/locations.html

G4-7 Nature of ownership and legal form Articles of Association of UBS Group AG Significant shareholders

x

x

http://www.ubs.com/global/en/about_ubs/corporate_covernance/aofassociation.html Annual Report 2016 - page 211

G4-8 Markets served UBS in a few words Wealth Management Wealth Management Americas Personal & Corporate Banking Asset Management Investment Bank

x x x x x

x http://www.ubs.com/global/en/about_ubs/about_us/ourprofile.html Annual Report 2016 - pages 31-32 Annual Report 2016 - pages 33-34 Annual Report 2016 - pages 35-36 Annual Report 2016 - pages 37-38 Annual Report 2016 - pages 39-40

G4-9 Scale of the organization UBS in a few figures UBS in a few words Our businesses Segment reporting Our employees

x x

x x x

http://www.ubs.com/global/en/about_ubs/about_us/keyfigures.html http://www.ubs.com/global/en/about_ubs/about_us/ourprofile.html http://www.ubs.com/global/en/about_ubs/about_us/our_businesses.html Annual Report 2016: Note 2a Segment reporting (pages 345-348) & Note 2b Segment reporting by geographic location (page 349) Annual Report 2016 - pages 250-255

G4-10 Total workforce by employment type, employment contract, and region

The UBS workforce: 2016 Our employees Our workforce

x

x x

GRI Supplement Document - pages 31-36 Annual Report 2016 - pages 250-255 https://www.ubs.com/global/en/about_ubs/about_us/ouremployees/our-workforce.html

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No Indicator Reference P W Link G4-11 Percentage of employees covered by

collective bargaining agreements Employee representation x Annual Report 2016 - page 254

G4-12 Supply Chain Our stakeholders – Suppliers Responsible supply chain management

x x

GRI Supplement Document - page 11 GRI Supplement Document - pages 27-28

G4-13 Significant changes The legal structure of UBS Group Note 1b Changes in accounting policies, comparability and other adjustments Note 29 Business combinations

x x x

Annual Report 2016 - pages 13-14 Annual Report 2016 - pages 341-342 Annual Report 2016 - page 449

1.3. Commitments to external initiatives

No Indicator Reference P W Link G4-14 Precautionary approach or principle Risk management and control

Key policies and guidelines x

x Annual Report 2016 - pages 117-128 GRI Supplement Document - page 29

G4-15 Subscriptions/Endorsement to external economic, environmental, social charters/principles/initiatives

External commitments and memberships x GRI Supplement Document - pages 18-19

G4-16 Memberships in industry associations See G4-15 x GRI Supplement Document - pages 18-19

1.4. Identified Material Aspects and Boundaries

No Indicator Reference P W Link G4-17 Entities of organization Group structure

Note 1 Summary of significant accounting policies Note 28 Interests in subsidiaries and other entities Note: "Except where clearly identified, all of UBS's sustainability information referenced in this GRI index is presented on a consolidated basis under IFRS requirements for financial reporting for the UBS Group AG."

x x

x

http://www.ubs.com/global/en/about_ubs/corporate_covernance/groupstructure.html Annual Report 2016 - pages 325-341 Annual Report 2016 - pages 441-449

G4-18 Process for defining report content, quality

Information policy Our stakeholders Materiality

x x x

Annual Report 2016 - pages 237-238 GRI Supplement Document - pages 8-12 GRI Supplement Document - pages 5-7

G4-19 Material aspects for the report Materiality x GRI Supplement Document - pages 5-7

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No Indicator Reference P W Link G4-20 Internal boundaries of the report / of

the material aspects Materiality x GRI Supplement Document - pages 5-7

G4-21 External boundaries of the report / of the material aspects

Materiality

GRI Supplement Document - pages 5-7

G4-22 Effect of re-statements None

G4-23 Significant changes from previous reporting

None

1.5. Stakeholder Engagement

No Indicator Reference P W Link G4-24 Stakeholder groups Our stakeholders

Materiality x

x GRI Supplement Document - pages 8-12 GRI Supplement Document - pages 5-7

G4-25 Basis for identification and selection of stakeholders

see G4-24 x x

GRI Supplement Document - pages 8-12 GRI Supplement Document - pages 5-7

G4-26 Approaches to stakeholder engagement

see G4-24 x x

GRI Supplement Document - pages 8-12 GRI Supplement Document - pages 5-7

G4-27 Key topics and concerns of stakeholders

see G4-24 Sustainability at UBS Specific topics include: Compensation report Note 20 Provisions and contingent liabilities The legal structure of UBS Group

x x x x

x x x

GRI Supplement Document - pages 8-12 GRI Supplement Document - pages 5-7 GRI Supplement Document - page 4 http://www.ubs.com/global/en/about_ubs/investor_relations/annualreporting/2016.html Annual Report 2016 - pages 373-384 Annual Report 2016 - pages 13-14

1.6. Report Profile

No Indicator Reference P W Link G4-28 Reporting period Annual reporting x http://www.ubs.com/global/en/about_ubs/investor_relations/annualreporting/2016.html

G4-29 Most recent previous report Annual Report 2015 x http://www.ubs.com/global/en/about_ubs/investor_relations/annualreporting/2015.html

G4-30 Reporting cycle Annual reporting Quarterly reporting

x x

http://www.ubs.com/annualreport http://www.ubs.com/quarterlyreporting

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G4-31 Contact persons for the report Contacts Investor Relations Team: Contact information UBS and Society (contact us button)

x

x x

Annual Report 2016 - page 7 http://www.ubs.com/global/en/about_ubs/investor_relations/investor_relations_team.html www.ubs.com/ubsandsociety

G4-32 In accordance with 'comprehensive approach'

GRI online index Ernst & Young Ltd. independent assurance report

x x

http://www.ubs.com/gri http://www.ubs.com/gri

G4-33 Assurance practice and report Auditors Management’s report on internal control over financial reporting Ernst & Young Ltd. independent assurance report Sustainability reporting 2016

x x

x x

Annual Report 2016 - pages 235-236 Annual Report 2016 - pages 304-313 http://www.ubs.com/gri https://www.ubs.com/global/en/about_ubs/ubs-and-society/download-center.html#Sustainability

1.7. Governance

No Indicator Reference P W Link G4-34 Governance structure Group structure

Board of Directors - Organizational principles & structure Corporate Culture and Responsibility Committee BoD and sustainability

x

x x x x

http://www.ubs.com/global/en/about_ubs/corporate_covernance/groupstructure.html http://www.ubs.com/global/en/about_ubs/corporate_covernance/groupstructure/group.html Annual Report 2016 - pages 223-228 http://www.ubs.com/global/en/about_ubs/corporate-governance/board-of-directors/committees/corporate-culture-and-responsibility-committee.html GRI Supplement Document - pages 28-29

G4-35 Delegation process on authorities / accountabilities at BoD/GEB level

UBS Organization Regulations – Annex C BoD and sustainability

x x

http://www.ubs.com/global/en/about_ubs/corporate_covernance/orgregulations.html GRI Supplement Document - pages 28-29

G4-36 Appointed body accountable for economic, environmental and social topics

BoD and sustainability Corporate Culture and Responsibility Committee Chairman's statement

x x x

GRI Supplement Document - pages 28-29 http://www.ubs.com/global/en/about_ubs/corporate-governance/board-of-directors/committees/corporate-culture-and-responsibility-committee.html GRI Supplement Document - pages 4-5

G4-37 Stakeholders and highest governance body

Chairman's statement Shareholders' participation rights General meetings of the shareholders Employee assistance

x

x x x

GRI Supplement Document - pages 4-5 Annual Report 2016 - pages 216-217 http://www.ubs.com/global/en/about_ubs/investor_relations/agm.html https://www.ubs.com/global/en/about_ubs/about_us/ouremployees/commitment-employees/employee-assistance.html

G4-38 Composition of highest governance body

Group structure Board of Directors BoD and sustainability

x

x x

http://www.ubs.com/global/en/about_ubs/corporate_covernance/groupstructure.html http://www.ubs.com/global/en/about_ubs/corporate_covernance/groupstructure/group.html Annual Report 2016 - pages 218-228 GRI Supplement Document - pages 28-29

G4-39 Unitary board structure Not relevant to UBS (two-tiered board structure) Board of Directors

x

Annual Report 2016 - pages 218-228

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No Indicator Reference P W Link G4-40 Board members selection process Sustainable performance & compensation

Organization Regulations – Annexes C and D Independency criteria

x x x

Annual Report 2016 - pages 14-16 http://www.ubs.com/global/en/about_ubs/corporate_covernance/orgregulations.html http://www.ubs.com/global/en/about_ubs/corporate_covernance/independencecriteria.html

G4-41 Conflicts of interests and related party disclosure

Key policies and guidelines (Code of conduct and ethics)

x GRI Supplement Document - page 29

G4-42 Highest governance body's role in setting purpose, values and strategy

UBS Organization Regulations – Annex C BoD and sustainability Corporate Culture and Responsibility Committee Chairman's statement

x x x x

http://www.ubs.com/global/en/about_ubs/corporate_covernance/orgregulations.html GRI Supplement Document - pages 28-29 http://www.ubs.com/global/en/about_ubs/corporate-governance/board-of-directors/committees/corporate-culture-and-responsibility-committee.html GRI Supplement Document - pages 4-5

G4-43 Highest governance body's competencies

UBS Organization Regulations – Annex C x http://www.ubs.com/global/en/about_ubs/corporate_covernance/orgregulations.html

G4-44 Evaluation of highest governance body's performance

Organization Regulations - Board self-assessment Sustainable performance & compensation

x x

http://www.ubs.com/global/en/about_ubs/corporate_covernance/orgregulations.html Annual Report 2016 - pages 14-16

G4-45 Highest governance body's role in sustainability

BoD and sustainability Corporate Culture and Responsibility Committee Chairman's statement

x x x

GRI Supplement Document - pages 28-29 http://www.ubs.com/global/en/about_ubs/corporate-governance/board-of-directors/committees/corporate-culture-and-responsibility-committee.html GRI Supplement Document - pages 4-5

G4-46 Corporate Responsibility Committees role

Organization Regulations of UBS AG, Annex C sections 7.1 and 7.2

x http://www.ubs.com/global/en/about_ubs/corporate_covernance/orgregulations.html

G4-47 Frequency of updating the Bod/GEB on relevant information

Board of Directors – Corporate Culture and Responsibility Committee

x Annual Report 2016 - page 225

G4-48 Highest body that reviews the sustainability report

Corporate Culture and Responsibility Committee x http://www.ubs.com/global/en/about_ubs/corporate-governance/board-of-directors/committees/corporate-culture-and-responsibility-committee.html

G4-49 Communication of critical concerns to highest governance body

BoD and sustainability Corporate Culture and Responsibility Committee Chairman's statement

x x x

GRI Supplement Document - pages 28-29 http://www.ubs.com/global/en/about_ubs/corporate-governance/board-of-directors/committees/corporate-culture-and-responsibility-committee.html GRI Supplement Document - pages 4-5

G4-50 Nature and number of critical concerns communicated to highest governance body

Materiality Our stakeholders "Due to the diverse nature and sources of critical concerns it is not possible to report their total number."

x x

GRI Supplement Document - pages 5-7 GRI Supplement Document - pages 8-12

G4-51 Remuneration policies for highest governance body

Compensation report 2016 Sustainable performance & compensation

x x

http://www.ubs.com/global/en/about_ubs/investor_relations/annualreporting/2016.html Annual Report 2016 - pages 14-16

G4-52 Process for determining remuneration Compensation report 2016 x http://www.ubs.com/global/en/about_ubs/investor_relations/annualreporting/2016.html

G4-53 Stakeholder views on remuneration Our stakeholders Shareholders' participation rights General meetings of the shareholders Employee assistance

x

x x x

GRI Supplement Document - pages 8-12 Annual Report 2016 - pages 216-217 http://www.ubs.com/global/en/about_ubs/investor_relations/agm.html https://www.ubs.com/global/en/about_ubs/about_us/ouremployees/commitment-employees/employee-assistance.html

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No Indicator Reference P W Link G4-54 Compensation of highest paid

individual Reason for omission: Not disclosed due to confidentiality Compensation for the CEO, the highest paid GEB member and general employee compensation are disclosed in the compensation report 2016.

x

http://www.ubs.com/global/en/about_ubs/investor_relations/annualreporting/2016.html

G4-55 Compensation increase (of highest paid individual)

Reason for omission: Not disclosed due to confidentiality Compensation increase for the CEO, the highest paid GEB member and general employee compensation are disclosed in the compensation report 2016.

x

http://www.ubs.com/global/en/about_ubs/investor_relations/annualreporting/2016.html

1.8. Ethics and Integrity

No Indicator Reference P W Link G4-56 Values, principles, standards, norms

of behaviours of organization Code of Conduct and Ethics of UBS Key policies and guidelines Our culture Our employees

x x x x

www.ubs.com/code GRI Supplement Document - page 29 https://www.ubs.com/global/en/about_ubs/about_us/ouremployees/our-culture.html http://www.ubs.com/global/en/about_ubs/about_us/ouremployees.html

G4-57 Mechanisms for advice on ethical and lawful behaviour

Code of Conduct and Ethics of UBS Key policies and guidelines Our stakeholders – Clients - Quality feedback management system General contact and feedback form

x x x x

www.ubs.com/code GRI Supplement Document - page 29 GRI Supplement Document - page 8 (Clients / Quality Feedback Management System) https://www.ubs.com/global/en/contact/contact.html

G4-58 Mechanisms for reporting unethical and unlawful behaviour

Code of Conduct and Ethics of UBS Key policies and guidelines Our stakeholders – Clients - Quality feedback management system General contact and feedback form

x x x x

www.ubs.com/code GRI Supplement Document - page 29 GRI Supplement Document - page 8 (Clients / Quality Feedback Management System) https://www.ubs.com/global/en/contact/contact.html

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2. Specific Standard DisclosuresEconomic

No Indicator Reference P W Link Economic Performance

DMA Our strategy Measurement of performance Key figures Group Internal Audit Organizational regulations – Annex C Board of Directors and sustainability Objectives table 2017 Objectives & achievements 2016

x x x x

x x x x

Annual Report 2016 - pages 27-28 Annual Report 2016 - pages 29-30 Annual Report 2016 - page 5 Annual Report 2016 - page 236 http://www.ubs.com/global/en/about_ubs/corporate_covernance/orgregulations.html GRI Supplement Document - pages 28-29 www.ubs.com/gri www.ubs.com/gri

EC1 Direct economic value generated and distributed

Direct economic value generated and distributed Income Statement Statement of cash flows Note 6 Personnel expenses Note 7 General and administrative expenses Note 8 Income taxes How we support our communities Our stakeholders – Suppliers (total purchase amount)

x x x x x

x x x

GRI Supplement Document - page 7 Annual Report 2016 - page 314 Annual Report 2016 - pages 323-324 Annual Report 2016 - page 352 Annual Report 2016 - page 352 Annual Report 2016 - pages 353-356 GRI Supplement Document - pages 43-44 GRI Supplement Document - page 11

EC2

Financial implications and other risks and opportunities for the organization's activities due to climate change

Our climate commitment Submission to the CDP climate change questionnaire

x x

https://www.ubs.com/global/en/about_ubs/ubs-and-society/download-center.html#par_title https://www.ubs.com/global/en/about_ubs/ubs-and-society/download-center.html

EC3 Coverage of the organization's defined benefit plan obligations

Note 26 Pension and other post-employment benefit plans

x Annual Report 2016 - pages 417-431

EC4 Financial assistance received from government

UBS did not receive any significant monetary support from governments in 2016

Indirect Economic Impacts

DMA Board of Directors and sustainability UBS and Society Objectives table 2017 Objectives & achievements 2016

x

x x x

GRI Supplement Document - pages 28-29 Annual Report 2016 - pages 239-241 www.ubs.com/gri www.ubs.com/gri

EC7 Development and impact of infrastructure investments and services supported

How we support our communities x

GRI Supplement Document - pages 43-44

EC8 Significant indirect economic impacts, including the extent of impacts

Personal & Corporate – Strategy and clients Switzerland and UBS – Strong partners UBS and Society

x x

x

Annual Report 2016 - pages 35-36 http://www.ubs.com/strongpartners Annual Report 2016 - pages 239-249

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2.2. Environmental

No Indicator Reference P W Link Materials

DMA Board of Directors and sustainability Training & raising awareness UBS and Society management indicators Climate commitment Environmental targets and performance in our operations UBS and Society policy Objectives 2016/2017 & achievements 2016 ISO 14001 Certificate All environmental data is accounted for the period of 1.7.2015 to 30.6.2016. In addition, all FTEs are calculated on an average basis including contractors.

x x x x x x x x

GRI Supplement Document - pages 28-29 GRI Supplement Document - page 13 GRI Supplement Document - page 14 https://www.ubs.com/global/en/about_ubs/ubs-and-society/download-center.html#par_title GRI Supplement Document - page 23 www.ubs.com/ubsandsociety-policy www.ubs.com/gri https://www.ubs.com/global/en/about_ubs/ubs-and-society/download-center.html

EN1 Materials used by weight or volume. Paper is the only relevant material for this indicator In-house environmental management - Paper, water and waste In-house environmental management statistics

x x

GRI Supplement Document - page 22 GRI Supplement Document - pages 23-27

EN2 Percentage of materials used that are recycled input materials

Paper is the only relevant material for this indicator In-house environmental management - Paper, water and waste In-house environmental management statistics

x x

GRI Supplement Document - page 22 GRI Supplement Document - pages 23-27

Energy

DMA See DMA for Materials Submission to the CDP climate change questionnaire

x

https://www.ubs.com/global/en/about_ubs/ubs-and-society/download-center.html

EN3 Energy consumption within the organization.

In-house environmental management –GHG emissions and energy consumption In-house environmental management statistics

x x

GRI Supplement Document - page 22 GRI Supplement Document - pages 23-27

EN4 Energy consumption outside of the organization

Not relevant

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No Indicator Reference P W Link EN5 Energy intensity In-house environmental management statistics -

Environmental indicators per full-time employee (FTE)

x GRI Supplement Document - page 26

EN6 Reduction of energy consumption In-house environmental management – GHG emissions and energy consumption

x

GRI Supplement Document - page 22

EN7 Reductions in energy requirements of products and services

Not relevant for financial institutions, see FS8

Water (Aspect not considered material, but we decided to report on EN8)

EN8 Total water withdrawal by source In-house environmental management - Paper, water and waste In-house environmental management statistics

x x

GRI Supplement Document - page 22 GRI Supplement Document - pages 23-27

Emissions

DMA See DMA for Materials Submission to the CDP climate change questionnaire

x

https://www.ubs.com/global/en/about_ubs/ubs-and-society/download-center.html

EN15 Direct greenhouse gas (GHG) emissions (Scope 1)

In-house environmental management statistics In-house environmental management – Greenhouse Gas (GHG) emissions and energy consumption

x x

GRI Supplement Document - pages 23-27 GRI Supplement Document - page 22

EN16 Energy indirect greenhouse gas (GHG) emissions (Scope 2)

In-house environmental management statistics In-house environmental management – Greenhouse Gas (GHG) emissions and energy consumption

x x

GRI Supplement Document - pages 23-27 GRI Supplement Document - page 22

EN17 Other indirect greenhouse gas (GHG) emissions (Scope 3)

In-house environmental management statistics In-house environmental management – Greenhouse Gas (GHG) emissions and energy consumption

x x

GRI Supplement Document - pages 23-27 GRI Supplement Document - page 22

EN18 Greenhouse gas (GHG) emissions intensity

In-house environmental management statistics - Environmental indicators per full-time employee (FTE)

x

GRI Supplement Document - page 26

EN19 Reduction of greenhouse gas (GHG) emissions

see EN6

EN20 Emissions of ozone-depleting substances (ODS)

Not relevant

EN21 NOX, SOX, and other significant air emissions

Not relevant

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Effluents and Waste

DMA See DMA for Materials

EN22 Total water discharge by quality and destination

Not relevant

EN23 Total weight of waste by type and disposal method.

In-house environmental management statistics In-house environmental management - Paper, water and waste

x x

GRI Supplement Document - pages 23-27 GRI Supplement Document - page 22

EN24 Total number and volume of significant spills

Not relevant

EN25 Weight of transported, imported, exported, or treated waste deemed hazardous under the terms of the Basel Convention Annex I, II, III, and IV, and percentage of transported waste shipped internationally

UBS does not transport or treat hazardous waste

EN26 Identify, size, protected status, and biodiversity value of water bodies and related habitats significantly affected by the organization's discharges of water and runoff

Not relevant

Transport

DMA See DMA for Materials

EN30 Significant environmental impacts of transporting products and other goods and materials for the organization's operations, and transporting members of the workforce

In-house environmental management statistics In-house environmental management – Greenhouse Gas (GHG) emissions and energy consumption – CO2 compensation

x x

GRI Supplement Document - pages 23-27 GRI Supplement Document - page 22

Supplier Environmental Assessment

DMA See DMA Supplier Human Rights Assessment

EN32 Percentage of new suppliers that were screened using environmental criteria

Responsible supply chain management x GRI Supplement Document - pages 27-28

EN33 Significant actual and potential negative environmental impacts in the supply chain and actions taken

Responsible supply chain management x GRI Supplement Document - pages 27-28

DMA See DMA Supplier Human Rights Assessment

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2.3. Labor Practices and Decent Work

No Indicator Reference P W Link Employment

DMA Governance - Compensation Committee Our employees Key policies and guidelines Sustainable performance & compensation Objectives 2017 Objectives & achievements 2016

x

x x x x x

https://www.ubs.com/global/en/about_ubs/corporate-governance/board-of-directors/committees/compensation-committee.html Annual Report 2016 - pages 250-255 GRI Supplement Document - page 29 Annual Report 2016 - pages 14-16 www.ubs.com/gri www.ubs.com/gri

LA1 Total number and rates of new employee hires and employee turnover by age group, gender and region

Recruiting new talent Attracting and recruiting talent The UBS workforce: 2016 Note: Turnover is calculated in relation to average headcount Reason for omission: For confidentiality reasons we do not disclose hires and turnover data by age group.

x

x https://www.ubs.com/global/en/about_ubs/about_us/ouremployees/our-workforce/recruiting-talent.html Annual Report 2016 - page 250 GRI Supplement Document - pages 31-36

LA2 Benefits provided to full-time employees that are not provided to temporary or part-time employees, by significant locations of operation

Our responsibilities Our commitment to employees

x x

Annual Report 2016 - page 254 https://www.ubs.com/global/en/about_ubs/about_us/ouremployees/commitment-employees.html

LA3 Return to work and retention rates after parental leave, by gender

Employees assistance Reason for omission: While qualitative reporting on this indicator is in place, providing quantitative data is currently being explored

x https://www.ubs.com/global/en/about_ubs/about_us/ouremployees/commitment-employees/employee-assistance.html

Labor/Management Relations

DMA See DMA for Employment

LA4 Minimum notice periods regarding operational changes, including whether these are specified in collective agreements

Notice periods are labor market specific. Employee representation

x

Annual Report 2016 - page 254

Page 13 of 21

Occupational Health and Safety

DMA See DMA for Employment UBS Health & Safety Statement

x

www.ubs.com/healthandsafety

LA5 Percentage of total workforce represented in formal joint management–worker health and safety committees that help monitor and advise on occupational health and safety programs

We have a long-standing commitment to support the overall health and safety of all UBS employees, as expressed in the UBS Health & Safety Statement. Health & safety benefits and services are available to UBS employees and rules and practices are applied to prevent or address potential or actual health & safety risks and threats. Employees are consulted on health & safety issues, in some locations through employee representations systems such as the ERC in Switzerland. UBS Health & Safety Statement Our responsibilities

x

x

www.ubs.com/healthandsafety Annual Report 2016 - page 254

LA6 Type of injury and rates of injury, occupational diseases, lost days, and absenteeism, and total number of work-related fatalities, by region and by gender

The UBS workforce: 2016 Our responsibilities Employee assistance The financial sector is a low risk sector in regards of occupational accidents. The total number of lost days due to accidents includes primarily non-occupational accidents in Switzerland (insured by Swiss employers). Due to this (i.e. the primarily non-occupational nature of accidents), a breakdown by gender and region does not make sense and has therefore been omitted. Due to confidentially constraints, UBS does not have access to illness and accident information of independent contractors being tracked by their employers.

x

x x

GRI Supplement Document - pages 31-36 Annual Report 2016 - page 254 https://www.ubs.com/global/en/about_ubs/about_us/ouremployees/commitment-employees/employee-assistance.html

LA7 Workers with high incidence or high risk of diseases related to their occupation

Not relevant

LA8 Health and safety topics covered in formal agreements with trade unions.

No health and safety topics covered in formal agreements with trade unions

Training and Education

DMA See DMA for Employment Learning and development

x

https://www.ubs.com/global/en/about_ubs/about_us/ouremployees/learning-development.html

Page 14 of 21

LA9 Average hours of training per year per employee by gender, and by employee category

UBS reports in training days instead of training hours. One training day equals 8 training hours. Developing and managing our workforce Learning and development The UBS workforce: 2016

x

x x

Annual Report 2016 - page 252 https://www.ubs.com/global/en/about_ubs/about_us/ouremployees/learning-development.html GRI Supplement Document - pages 31-36

LA10 Programs for skills management and lifelong learning that support the continued employability of employees and assist them in managing career endings

Developing and managing our workforce Learning and development Our responsibilities Employee assistant

x x

x x

Annual Report 2016 - page 252 https://www.ubs.com/global/en/about_ubs/about_us/ouremployees/learning-development.html Annual Report 2016 - page 254 https://www.ubs.com/global/en/about_ubs/about_us/ouremployees/commitment-employees/employee-assistance.html

LA11 Percentage of employees receiving regular performance and career development

Sustainable performance and compensation Managing and rewarding performance Our culture As the received performance review percentage covers 99% of all our eligible employees, there is no added value for further breakdown by gender or employment category.

x

x x

GRI Supplement Document - pages 14-16 Annual Report 2016 - page 253 https://www.ubs.com/global/en/about_ubs/about_us/ouremployees/our-culture.html

Diversity and Equal Opportunity

DMA See DMA for employment Diversity & inclusion

x x

www.ubs.com/diversity

LA12 Composition of governance bodies and breakdown of employees per employee category according to gender, age group, minority group membership, and other indicators of diversity

Diversity and inclusion Our workforce at a glance Our workforce The UBS workforce: 2016 Diversity & inclusion Board of Directors – CVs Group Executive Board – CVs

x x

x x x x x

Annual Report 2016 - pages 251-252 Annual Report 2016 - page 255 https://www.ubs.com/global/en/about_ubs/about_us/ouremployees/our-workforce.html GRI Supplement Document - pages 31-36 https://www.ubs.com/global/en/about_ubs/about_us/diversity.html http://www.ubs.com/global/en/about_ubs/corporate_covernance/board-of-directors.html http://www.ubs.com/global/en/about_ubs/corporate_covernance/group-executive-board.html

Equal Remuneration for Women and Men

DMA See DMA for Employment Also see links in LA13

LA13 Ratio of basic salary and remuneration of women to men by employee category, by significant locations of operation

Performance and compensation Diversity & inclusion Total Reward Principles Our culture Managing and rewarding performance

x x

x x x

GRI Supplement Document - page 30 https://www.ubs.com/global/en/about_ubs/about_us/diversity.html Annual Report 2016 - page 258 https://www.ubs.com/global/en/about_ubs/about_us/ouremployees/our-culture.html Annual Report 2016 - page 253

Page 15 of 21

Supplier Assessment for Labor Practices

DMA See DMA for Supplier Human Rights Assessment

LA14 Percentage of new suppliers that were screened using labor practices criteria

Responsible supply chain management x GRI Supplement Document - pages 27-28

LA15 Significant actual and potential negative impacts for labor practices in the supply chain and actions taken

Responsible supply chain management x GRI Supplement Document - pages 27-28

Labor Practices Grievance Mechanisms

DMA See DMA for Employment Grievances and whistleblowing protection

x

Annual Report 2016 - page 254

LA16 Number of grievances about labor practices filed, addressed, and resolved through formal grievance mechanisms

Reason for omission: Not disclosed due to confidentiality

x Annual Report 2016 - page 254

2.4. Human Rights

No Indicator Reference P W Link Non-discrimination

DMA See DMA for Diversity and Equal Opportunity and DMA for Labor Practices Grievance Mechanisms

HR3 Total number of incidents of discrimination and corrective actions taken

Significant discrimination issues would be reported in Note 20 of the UBS Annual Report. The annual compliance assessment for 2016 did not show any significant incidents of non-compliance with UBS's anti-discrimination policy.

Supplier Human Rights Assessment

DMA Board of Directors and sustainability Objectives table 2017 Objectives & achievements 2016 Key Policies and guidelines (UBS and Society policy) Responsible supply chain management

x x x x x

GRI Supplement Document - pages 28-29 www.ubs.com/gri www.ubs.com/gri www.ubs.com/ubsandsociety-policy GRI Supplement Document - pages 27-28

HR10 Percentage of new suppliers that were screened using human rights criteria

Responsible supply chain management x GRI Supplement Document - pages 27-28

HR11 Significant actual and potential negative human rights impacts in the supply chain and actions taken

Responsible supply chain management x GRI Supplement Document - pages 27-28

Page 16 of 21

2.5. Society

No Indicator Reference P W Link Local Communities (Aspect not considered material, but we decided to report on FS14)

FS14 Initiatives to improve access to financial services for disadvantaged people.

Accessibility x GRI Supplement Document - page 36

Anti-corruption

DMA Board of Directors and sustainability Key policies and guidelines Combating financial crime Objectives 2017 Objectives & achievements 2016

x x x x x

GRI Supplement Document – pages 28-29 GRI Supplement Document - page 29 GRI Supplement Document - page 30 www.ubs.com/gri www.ubs.com/gri

SO3 Total number and percentage of operations assessed for risks related to corruption and the significant risks identified

Combating financial crime

x GRI Supplement Document - page 30

SO4 Communication and training on anti-corruption policies and procedures and the significant risks identified

Training and raising awareness x GRI Supplement Document - page 13

SO5 Confirmed incidents of corruption and actions taken

Significant corruption issues would be reported in Note 20 of the UBS Annual Report.

Annual Report 2016 - pages 373-384

Public Policy

DMA Our stakeholders - politicians and political parties x GRI Supplement Document - page 10

SO6 Total value of political contributions by country and recipient/beneficiary

Our stakeholders - politicians and political parties x GRI Supplement Document - page 10

Anti-competitive Behavior

DMA Code of Conduct and Ethics of UBS www.ubs.com/code

SO7 Total number of legal actions for anti-competitive behavior, anti-trust, and monopoly practices and their outcomes

See SO8

Compliance

DMA Code of Conduct and Ethics of UBS www.ubs.com/code

SO8 Monetary value of significant fines and total number of non-monetary sanctions for non-compliance with laws and regulations

Material issues are disclosed under Note 20 of the Annual Report. Note 20 Provisions and contingent liabilities

x

Annual Report 2016 - pages 373-384

Page 17 of 21

Supplier Assessment for Impacts on Society

DMA See DMA for Supplier Human Rights Assessment

SO9 Percentage of new suppliers that were screened using criteria for impacts on society

Responsible supply chain management x GRI Supplement Document - pages 27-28

SO10 Significant actual and potential negative impacts on society in the supply chain and actions taken

Responsible supply chain management x GRI Supplement Document - pages 27-28

Grievance Mechanisms for Impacts on Society

DMA Key policies and guidelines x GRI Supplement Document - page 29

SO11 Number of grievances about impacts on society filed, addressed, and resolved through formal grievance mechanisms

Reason for omission: Not disclosed due to confidentiality See also SO5

2.6. Product Responsibility

No Indicator Reference P W Link Product and Service Labeling

DMA Regulation and supervision Code of Conduct and Ethics Suitability Key policies and guidelines Quality feedback Objectives 2017 Objectives & achievements 2016

x x x x x x x

Annual Report 2016 - pages 21-22 http://www.ubs.com/global/en/about_ubs/corporate_covernance/business_conduct.html GRI Supplement Document - pages 41-42 GRI Supplement Document - page 29 GRI Supplement Document - page 8 (Our stakeholders / Clients / Quality Feedback Management System) www.ubs.com/gri www.ubs.com/gri

PR3 Type of product and service information required by the organization’s procedures for product and service information and labeling, and percentage of significant product and service categories subject to such information requirements

Not relevant for financial services company See FS15 Terms and conditions for investment business Independence of Financial Research

x x

https://www.ubs.com/global/en/investment-bank/regulatory.html https://www.ubs.com/global/en/wealth_management/chief-investment-office/independence_financial_research.html

PR4 Total number of incidents of non-compliance with regulations and voluntary codes concerning product and service information and labeling, by type of outcomes

See SO8

Page 18 of 21

No Indicator Reference P W Link PR5 Results of surveys measuring

customer satisfaction Reason for omission: Not disclosed due to confidentiality See also: Our stakeholders - Clients

x

GRI Supplement Document - page 8

FS15 Policies for the fair design and sale of financial products and services

Suitability Key policies and guidelines

x x

GRI Supplement Document - pages 41-42 GRI Supplement Document - page 29

FS16 Initiatives to enhance financial literacy by type of beneficiary

Financial "check-up" for young people and students Saving tips for young people and students Budget calculator for young people and students Mortgage calculator UBS Key Invest – Know How about Structured Products UBS Dictionary of Banking Chief Investment Office Wealth Management Download center for SME Community investment Switzerland – Partnerships (Ernst Schmidheiny Foundation and Young Enterprise Switzerland) UBS Krakow Business Starter UBS Social Innovators

x x x x x x x x x x x

https://www.ubs.com/ch/en/swissbank/private/young/advisory-checkup.html https://www.ubs.com/ch/en/swissbank/private/young/savings-target.html https://www.ubs.com/ch/en/swissbank/private/pay-and-save/bundles/young-calculator.html http://www.ubs.com/ch/en/swissbank/private/finanzieren/calculator.html https://www.ubs.com/keyinvest http://www.ubs.com/global/en/DictionaryOfBanking.html http://www.ubs.com/global/en/wealth_management/wealth_management_research.html https://www.ubs.com/ch/en/swissbank/corporates/downloads.html https://www.ubs.com/global/en/about_ubs/corporate_responsibility/community/switzerland/ubs_partnerschaften.html https://www.ubs.com/global/en/about_ubs/ubs-and-society/community/EMEA/emea-highlights.html https://www.ubs.com/microsites/social-innovators/en/about.html

Marketing Communications

DMA Regulation and supervision Code of Conduct and Ethics Suitability UBS position on the financing of controversial weapons

x x x x

Annual Report 2016 - pages 21-22 http://www.ubs.com/global/en/about_ubs/corporate_covernance/business_conduct.html GRI Supplement Document - pages 41-42 GRI Supplement Document - page 21

PR6 Sale of banned or disputed products UBS position on the financing of controversial weapons

x GRI Supplement Document - page 21

PR7 Total number of incidents of non-compliance with regulations and voluntary codes concerning marketing communications, including advertising, promotion, and sponsorship, by type of outcomes

See SO8

Customer Privacy

DMA Regulation and supervision Code of Conduct and Ethics

x x

Annual Report 2016 - pages 21-22 http://www.ubs.com/global/en/about_ubs/corporate_covernance/business_conduct.html

Page 19 of 21

No Indicator Reference P W Link PR8 Total number of substantiated

complaints regarding breaches of customer privacy and losses of customer data

Note 20 Provisions and contingent liabilities x Annual Report 2016 - pages 373-384

Compliance

DMA Regulation and supervision Code of Conduct and Ethics Description of Chief Risk Officer and Group General Counsel areas in the Corporate Center section of the AR

x x

x x

Annual Report 2016 - pages 21-22 http://www.ubs.com/global/en/about_ubs/corporate_covernance/business_conduct.html Annual Report 2016 - page 42

PR9 Monetary value of significant fines for non-compliance with laws and regulations concerning the provision and use of products and services

See SO8

2.7. Sector Specific Aspects (According to Financial Sector Supplement)

No Indicator Reference P W Link Product Portfolio

DMA see FS1-5 Board of Directors and sustainability UBS and Society policy Climate commitment Achievements 2016 & objectives 2017 table Environmental & Social Risk Policy Framework Sustainable investments ISO 14001 certification

x x x x x x x

GRI Supplement Document - pages 28-29 www.ubs.com/ubsandsociety-policy https://www.ubs.com/global/en/about_ubs/ubs-and-society/download-center.html#par_title www.ubs.com/gri https://www.ubs.com/global/en/about_ubs/ubs-and-society/download-center.html#par_title GRI Supplement Document - pages 37-38 https://www.ubs.com/global/en/about_ubs/ubs-and-society/download-center.html

FS1 Policies with specific environmental and social components applied to business lines

Policies and guidelines Code of Conduct and Ethics

x x

https://www.ubs.com/global/en/about_ubs/ubs-and-society/download-center.html#par_title http://www.ubs.com/global/en/about_ubs/about_us/code_of_conduct.html

FS2 Procedures for assessing and screening environmental and social risks in business lines

Environmental & Social Risk Policy Framework x https://www.ubs.com/global/en/about_ubs/ubs-and-society/download-center.html#par_title

FS3 Processes for monitoring clients’ implementation of and compliance with environmental and social requirements included in agreements or transactions

Low relevance (main application is for project finance, a business that UBS is not active in), but see FS2.

Page 20 of 21

No Indicator Reference P W Link FS4 Process(es) for improving staff

competency to implement the environmental and social policies and procedures as applied to business lines

Training and raising awareness UBS and Society management indicators

x x

GRI Supplement Document - page 13 GRI Supplement Document - page 14

FS5 Interactions with clients/investees/business partners regarding environmental and social risks and opportunities

Environmental & Social Risk Policy Framework VotingrRights Responsible supply chain management Climate commitment

x x x x

https://www.ubs.com/global/en/about_ubs/ubs-and-society/download-center.html#par_title GRI Supplement Document - page 39 GRI Supplement Document - pages 27-28 https://www.ubs.com/global/en/about_ubs/ubs-and-society/download-center.html#par_title

FS6 Percentage of the portfolio for business lines by specific region, size (e.g. micro/SME/large) and by sector

Wealth Management Wealth Management Americas Personal & Corporate Banking Asset Management Investment Bank Market Risk Country Risk Credit Risk Basel III Pillar 3 UBS Group AG 2016 report

x x x x x x x x x

Annual Report 2016 - pages 31-32 & 78-81 Annual Report 2016 - pages 33-34 & 82-87 Annual Report 2016 - pages 35-36 & 88-91 Annual Report 2016 - pages 37-38 & 92-96 Annual Report 2016 - pages 39-40 & 97-102 Annual Report 2016 - pages 148-158 Annual Report 2016 - pages 159-163 Annual Report 2016 - pages 129-147 https://www.ubs.com/global/en/about_ubs/investor_relations/other_filings/pillar_3_ubs/ubs_group.html

FS7 Monetary value of products and services designed to deliver a specific social benefit for each business line broken down by purpose

UBS Optimus Foundation – Annual Report Philanthropy - UBS Optimus Foundation See also FS8

x x

http://www.ubs.com/global/en/wealth_management/optimusfoundation/foundation/annual-report.html GRI Supplement Document - pages 40-41

FS8 Monetary value of products and services designed to deliver a specific environmental benefit for each business line broken down by purpose

Climate commitment How we support our clients

x x

https://www.ubs.com/global/en/about_ubs/ubs-and-society/download-center.html#par_title GRI Supplement Document - pages 37-40

Audit

DMA See FS9 UBS and Society policy Achievements 2016 & objectives 2017 table ISO 14001 certification

x x x

www.ubs.com/ubsandsociety-policy www.ubs.com/gri https://www.ubs.com/global/en/about_ubs/ubs-and-society/download-center.html

FS9 Coverage and frequency of audits to assess implementation of environmental and social policies and risk assessment procedures

UBS and Society management indicators ISO 14001 certification

x x

GRI Supplement Document - page 14 https://www.ubs.com/global/en/about_ubs/ubs-and-society/download-center.html

Active Ownership

DMA UBS and Society policy Voting rights Achievements 2016 & objectives 2017 table ISO 14001 certification

x x x x

www.ubs.com/ubsandsociety-policy GRI Supplement Document - page 39 www.ubs.com/gri https://www.ubs.com/global/en/about_ubs/ubs-and-society/download-center.html

Page 21 of 21

No Indicator Reference P W Link FS10 Percentage and number of companies

held in the institution’s portfolio with which the reporting organization has interacted on environmental or social issues

Reason for omission: Our interactions with companies take a comprehensive ESG approach. Selective quantitative data provision on environmental and social issues only is therefore not practical. Responsible investing

x

http://www.ubs.com/global/en/asset_management/responsible_investment.html

FS11 Percentage of assets subject to positive and negative environmental or social screening

Sustainable investment figures x GRI Supplement Document - page 40

FS12 Voting polic(ies) applied to environmental or social issues for shares over which the reporting organization holds the right to vote shares or advises on voting

Voting rights Responsible investing

x x

GRI Supplement Document - page 39 http://www.ubs.com/global/en/asset_management/responsible_investment.html