UBS AG LONDON BRANCH

Ticker: HDLB CUSIP: 90269A484 Class: ETRACS ETN 49

Holders for Q4 2025 Position Changes for Q4 2025

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

InstitutionSharesValue ($000)
UBS Group AG19$0
JPMORGAN CHASE & CO2$0
Total (2 institutions)21$0