$24,321,440 Contingent Income Auto-Callable Securities Based on the Performance of the Common Stock of Roblox Corporation due July 12, 2024, priced on July 09, 2021, were issued by UBS AG London Branch. The pricing supplement for this note (CUSIP: 90279B357) can be found here. The notes had a $10 face value and paid a quarterly coupon of $0.4375, so long as the notes had not been called and and Roblox all closed above 65% of their July 09, 2021 closing prices on a determination date. If and Roblox closed below 65% of their July 09, 2021 closing prices on a determination date, the notes did not pay a coupon. If not previously called, at maturity, the notes returned $10 in principal if and Roblox all closed on the final determination date on July 09, 2024 and above 65% of their July 09, 2021 closing prices. If on July 09, 2024 and Roblox closed below 65% of their July 09, 2021 closing prices, the notes paid reduced principal euqal to $10 multiplied by the lowest ratio of and Roblox July 09, 2024 closing prices to their July 09, 2021 closing prices. The notes have matured. They paid four coupons totaling $0.8750 and $4.57 repayment per $10 note. Investors thus suffered capital losses of $5.43 and net losses of $4.56.† In the aggregate, investors in this note suffered $13,215,232 in capital losses and $11,087,106 in net losses. See Table 1 and Figure 1.
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