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.

New Positions (1)

JPMORGAN CHASE & CO
Value ($000) $0 Shares 2

Increased Positions (1)

UBS Group AG
Value ($000) $0 (+72.3%) Shares 19 (+90.0%)