UBS GROUP AG

Ticker: UBS CUSIP: H42097107 Class: Com

GLUSKIN SHEFF & ASSOC INC's Holding History (CIK: 0000905790)

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

Q1 2016

Shares 375,000 Value ($000) $6,008 Avg Close $16.24 Range $14.01 - $19.14

Q4 2015

Shares 1,330,000 Value ($000) $25,762 Avg Close $19.51 Range $18.18 - $20.70

Q3 2015

Shares 1,330,000 Value ($000) $18,385 Avg Close $21.19 Range $17.97 - $23.19

Q2 2015

Shares 1,020,000 Value ($000) $26,965 Avg Close $20.89 Range $18.77 - $22.17

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2016	375,000	$6,008	$16.24	$14.01 - $19.14
Q4 2015	1,330,000	$25,762	$19.51	$18.18 - $20.70
Q3 2015	1,330,000	$18,385	$21.19	$17.97 - $23.19
Q2 2015	1,020,000	$26,965	$20.89	$18.77 - $22.17