• UBS expects to beat its 2026 exit-rate underlying return on CET1 target of about 15%, following a 17% nine-month return.
• The underlying cost-to-income ratio remains on track to finish below 70%, versus 70% over the first nine months.
• Cumulative gross cost savings should reach 13.7 billion by year-end, exceeding the previous 13.5 billion ambition.
• Year-end CET1 capital should fall to around 14% from 14.7%, including a potential accrual for initial 2027 share buybacks.
• Fourth-quarter share repurchases will total USD 1.2 billion, completing the current program following USD 4.8 billion repurchased year-to-date.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. UBS Group AG published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001610520-26-000113), on October 29, 2026, and is solely responsible for the information contained therein.