CIPHER PHARMACEUTICALS INC

Ticker: CPHRF CUSIP: 17253X105 Class: COM

UBS Group AG's Holding History (CIK: 0001610520)

Note: Option positions (PUT/CALL) are excluded.

Q2 2016

Shares 149 Value ($000) $1 Avg Close $5.70 Range $4.72 - $6.37

Q1 2016

Shares 1,444 Value ($000) $7 Avg Close $4.39 Range $3.56 - $5.49

Q3 2015

Shares 422 Value ($000) $2 Avg Close $6.95 Range $3.55 - $10.25

Q2 2015

Shares 1,474 Value ($000) $13 Avg Close $9.96 Range $8.52 - $12.33

Q1 2015

Shares 711 Value ($000) $6 Avg Close $12.59 Range $9.07 - $15.28

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2016	149	$1	$5.70	$4.72 - $6.37
Q1 2016	1,444	$7	$4.39	$3.56 - $5.49
Q3 2015	422	$2	$6.95	$3.55 - $10.25
Q2 2015	1,474	$13	$9.96	$8.52 - $12.33
Q1 2015	711	$6	$12.59	$9.07 - $15.28