New Issue: UBS prices $101,000 return optimization securities linked to SPDR Oil & Gas

New York, Jan. 14 – UBS AG, London Branch priced $101,000 of return optimization securities due Jan. 19, 2022 linked to the SPDR S&P Oil & Gas Exploration & Production ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If the ETF closes at or above the initial price, the payout at maturity will be par plus five times any gain in the ETF, capped at par plus 31%.

Investors will share in any losses.

UBS Financial Services Inc. and UBS Investment Bank are the underwriters.

Issuer:	UBS AG, London Branch
Issue:	Return optimization securities
Underlying ETF:	SPDR S&P Oil & Gas Exploration & Production ETF
Amount:	$101,000
Maturity:	Jan. 19, 2022
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus five times any ETF gain, capped at par plus 31%; otherwise, exposure to any losses
Initial share price:	$69.34
Pricing date:	Jan. 13
Settlement date:	Jan. 15
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2%
Cusip:	90282V689

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