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<br /> UBS AG<br /> First quarter 2019 report<br /> <br /> Corporate calendar UBS AG<br /> 3<br /> Publication of the second quarter 2019 report: Friday, 26 July 2019<br /> Publication dates of further quarterly and annual reports and results will be made 1.<br /> available as part of the corporate calendar of UBS AG at www.ubs.com/investors<br /> 6<br /> 7<br /> Contacts<br /> Switchboards 2.<br /> For all general inquiries<br /> www.ubs.com/contact<br /> 13<br /> Zurich +41-44-234 1111<br /> London +44-207-567 8000<br /> New York +1-212-821 3000<br /> Hong Kong +852-2971 8888<br /> Singapore +65-6495 8000<br /> Investor Relations<br /> UBS's Investor Relations team supports <a title="full-report-ubs-ag-consolidated-1q19 page 1" href="https://secure.viewer.zmags.com/publication/8038d278?page=1"> UBS AG First quarter 2019 report</a> <a title="full-report-ubs-ag-consolidated-1q19 page 2" href="https://secure.viewer.zmags.com/publication/8038d278?page=2"> </a> <a title="full-report-ubs-ag-consolidated-1q19 page 3" href="https://secure.viewer.zmags.com/publication/8038d278?page=3"> Corporate calendar UBS AG </a> <a title="full-report-ubs-ag-consolidated-1q19 page 4" href="https://secure.viewer.zmags.com/publication/8038d278?page=4"> First quarter 2019 report UBS AG conso</a> <a title="full-report-ubs-ag-consolidated-1q19 page 5" href="https://secure.viewer.zmags.com/publication/8038d278?page=5"> Introduction Structure of this report </a> <a title="full-report-ubs-ag-consolidated-1q19 page 6" href="https://secure.viewer.zmags.com/publication/8038d278?page=6"> Introduction Comparison UBS Group AG co</a> <a title="full-report-ubs-ag-consolidated-1q19 page 7" href="https://secure.viewer.zmags.com/publication/8038d278?page=7"> Risk and capital management Management report</a> <a title="full-report-ubs-ag-consolidated-1q19 page 8" href="https://secure.viewer.zmags.com/publication/8038d278?page=8"> Risk management and control Risk manag</a> <a title="full-report-ubs-ag-consolidated-1q19 page 9" href="https://secure.viewer.zmags.com/publication/8038d278?page=9"> Capital management Going and gone concern requ</a> <a title="full-report-ubs-ag-consolidated-1q19 page 10" href="https://secure.viewer.zmags.com/publication/8038d278?page=10"> Capital management Swiss SRB going and </a> <a title="full-report-ubs-ag-consolidated-1q19 page 11" href="https://secure.viewer.zmags.com/publication/8038d278?page=11"> UBS Group AG vs UBS AG consolidated loss-absorbin</a> <a title="full-report-ubs-ag-consolidated-1q19 page 12" href="https://secure.viewer.zmags.com/publication/8038d278?page=12"> Capital management Reconciliation of IF</a> <a title="full-report-ubs-ag-consolidated-1q19 page 13" href="https://secure.viewer.zmags.com/publication/8038d278?page=13"> Consolidated financial statements Unaudited</a> <a title="full-report-ubs-ag-consolidated-1q19 page 14" href="https://secure.viewer.zmags.com/publication/8038d278?page=14"> Table of contents UBS AG interim consolidated </a> <a title="full-report-ubs-ag-consolidated-1q19 page 15" href="https://secure.viewer.zmags.com/publication/8038d278?page=15"> UBS AG interim consolidated financial statements </a> <a title="full-report-ubs-ag-consolidated-1q19 page 16" href="https://secure.viewer.zmags.com/publication/8038d278?page=16"> UBS AG interim consolidated financial statements </a> <a title="full-report-ubs-ag-consolidated-1q19 page 17" href="https://secure.viewer.zmags.com/publication/8038d278?page=17"> Statement of comprehensive income (continued) For</a> <a title="full-report-ubs-ag-consolidated-1q19 page 18" href="https://secure.viewer.zmags.com/publication/8038d278?page=18"> UBS AG interim consolidated financial statements </a> <a title="full-report-ubs-ag-consolidated-1q19 page 19" href="https://secure.viewer.zmags.com/publication/8038d278?page=19"> Balance sheet (continued) USD million </a> <a title="full-report-ubs-ag-consolidated-1q19 page 20" href="https://secure.viewer.zmags.com/publication/8038d278?page=20"> UBS AG interim consolidated financial statements </a> <a title="full-report-ubs-ag-consolidated-1q19 page 21" href="https://secure.viewer.zmags.com/publication/8038d278?page=21"> Other comprehensive </a> <a title="full-report-ubs-ag-consolidated-1q19 page 22" href="https://secure.viewer.zmags.com/publication/8038d278?page=22"> UBS AG interim consolidated financial statements </a> <a title="full-report-ubs-ag-consolidated-1q19 page 23" href="https://secure.viewer.zmags.com/publication/8038d278?page=23"> Statement of cash flows (continued) Table contin</a> <a title="full-report-ubs-ag-consolidated-1q19 page 24" href="https://secure.viewer.zmags.com/publication/8038d278?page=24"> Notes to the UBS AG interim consolidated financia</a> <a title="full-report-ubs-ag-consolidated-1q19 page 25" href="https://secure.viewer.zmags.com/publication/8038d278?page=25"> Note 1 Basis of accounting (continued) The mea</a> <a title="full-report-ubs-ag-consolidated-1q19 page 26" href="https://secure.viewer.zmags.com/publication/8038d278?page=26"> Notes to the UBS AG interim consolidated financia</a> <a title="full-report-ubs-ag-consolidated-1q19 page 27" href="https://secure.viewer.zmags.com/publication/8038d278?page=27"> Note 1 Basis of accounting (continued) Changes t</a> <a title="full-report-ubs-ag-consolidated-1q19 page 28" href="https://secure.viewer.zmags.com/publication/8038d278?page=28"> Notes to the UBS AG interim consolidated financia</a> <a title="full-report-ubs-ag-consolidated-1q19 page 29" href="https://secure.viewer.zmags.com/publication/8038d278?page=29"> Note 2 Segment reporting (continued) </a> <a title="full-report-ubs-ag-consolidated-1q19 page 30" href="https://secure.viewer.zmags.com/publication/8038d278?page=30"> Notes to the UBS AG interim consolidated financia</a> <a title="full-report-ubs-ag-consolidated-1q19 page 31" href="https://secure.viewer.zmags.com/publication/8038d278?page=31"> Note 6 Personnel expenses For the quarter ended </a> <a title="full-report-ubs-ag-consolidated-1q19 page 32" href="https://secure.viewer.zmags.com/publication/8038d278?page=32"> Notes to the UBS AG interim consolidated financia</a> <a title="full-report-ubs-ag-consolidated-1q19 page 33" href="https://secure.viewer.zmags.com/publication/8038d278?page=33"> Note 9 Expected credit loss measurement (continue</a> <a title="full-report-ubs-ag-consolidated-1q19 page 34" href="https://secure.viewer.zmags.com/publication/8038d278?page=34"> Notes to the UBS AG interim consolidated financia</a> <a title="full-report-ubs-ag-consolidated-1q19 page 35" href="https://secure.viewer.zmags.com/publication/8038d278?page=35"> Note 10 Fair value measurement This Note provide</a> <a title="full-report-ubs-ag-consolidated-1q19 page 36" href="https://secure.viewer.zmags.com/publication/8038d278?page=36"> Notes to the UBS AG interim consolidated financia</a> <a title="full-report-ubs-ag-consolidated-1q19 page 37" href="https://secure.viewer.zmags.com/publication/8038d278?page=37"> Note 10 Fair value measurement (continued) b) Va</a> <a title="full-report-ubs-ag-consolidated-1q19 page 38" href="https://secure.viewer.zmags.com/publication/8038d278?page=38"> Notes to the UBS AG interim consolidated financia</a> <a title="full-report-ubs-ag-consolidated-1q19 page 39" href="https://secure.viewer.zmags.com/publication/8038d278?page=39"> Note 10 Fair value measurement (continued) e) Le</a> <a title="full-report-ubs-ag-consolidated-1q19 page 40" href="https://secure.viewer.zmags.com/publication/8038d278?page=40"> Notes to the UBS AG interim consolidated financia</a> <a title="full-report-ubs-ag-consolidated-1q19 page 41" href="https://secure.viewer.zmags.com/publication/8038d278?page=41"> Note 10 Fair value measurement (continued) </a> <a title="full-report-ubs-ag-consolidated-1q19 page 42" href="https://secure.viewer.zmags.com/publication/8038d278?page=42"> Notes to the UBS AG interim consolidated financia</a> <a title="full-report-ubs-ag-consolidated-1q19 page 43" href="https://secure.viewer.zmags.com/publication/8038d278?page=43"> Note 11 Derivative instruments a) Derivative ins</a> <a title="full-report-ubs-ag-consolidated-1q19 page 44" href="https://secure.viewer.zmags.com/publication/8038d278?page=44"> Notes to the UBS AG interim consolidated financia</a> <a title="full-report-ubs-ag-consolidated-1q19 page 45" href="https://secure.viewer.zmags.com/publication/8038d278?page=45"> Note 12 Other assets and liabilities (continued) </a> <a title="full-report-ubs-ag-consolidated-1q19 page 46" href="https://secure.viewer.zmags.com/publication/8038d278?page=46"> Notes to the UBS AG interim consolidated financia</a> <a title="full-report-ubs-ag-consolidated-1q19 page 47" href="https://secure.viewer.zmags.com/publication/8038d278?page=47"> Note 15 Provisions and contingent liabilities a)</a> <a title="full-report-ubs-ag-consolidated-1q19 page 48" href="https://secure.viewer.zmags.com/publication/8038d278?page=48"> Notes to the UBS AG interim consolidated financia</a> <a title="full-report-ubs-ag-consolidated-1q19 page 49" href="https://secure.viewer.zmags.com/publication/8038d278?page=49"> Note 15 Provisions and contingent liabilities (co</a> <a title="full-report-ubs-ag-consolidated-1q19 page 50" href="https://secure.viewer.zmags.com/publication/8038d278?page=50"> Notes to the UBS AG interim consolidated financia</a> <a title="full-report-ubs-ag-consolidated-1q19 page 51" href="https://secure.viewer.zmags.com/publication/8038d278?page=51"> Note 15 Provisions and contingent liabilities (co</a> <a title="full-report-ubs-ag-consolidated-1q19 page 52" href="https://secure.viewer.zmags.com/publication/8038d278?page=52"> Notes to the UBS AG interim consolidated financia</a> <a title="full-report-ubs-ag-consolidated-1q19 page 53" href="https://secure.viewer.zmags.com/publication/8038d278?page=53"> Note 15 Provisions and contingent liabilities (co</a> <a title="full-report-ubs-ag-consolidated-1q19 page 54" href="https://secure.viewer.zmags.com/publication/8038d278?page=54"> Notes to the UBS AG interim consolidated financia</a> <a title="full-report-ubs-ag-consolidated-1q19 page 55" href="https://secure.viewer.zmags.com/publication/8038d278?page=55"> Cautionary Statement Regarding Forward-Looking St</a> <a title="full-report-ubs-ag-consolidated-1q19 page 56" href="https://secure.viewer.zmags.com/publication/8038d278?page=56"> UBS AG P.O. Box, CH-8098 Zurich P.O. Box, CH-4002</a>