UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________________
FORM 6-K
REPORT OF FOREIGN PRIVATE
 
ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
Date: March 28, 2024
UBS AG
 
(Registrant's Name)
Bahnhofstrasse 45, 8001 Zurich, Switzerland
Aeschenvorstadt 1, 4051 Basel, Switzerland
 
(Address of principal executive offices)
Commission File Number: 1-15060
Indicate by check mark whether the registrant files or will file annual
 
reports under cover of
Form 20-F or Form 40-F.
Form 20-F
 
☒
 
Form 40-F
 
☐
UBS AG produces regular annual and quarterly reports, which are submitted to the SEC under
Forms 20-F
 
and 6-K,
 
respectively. These reports
 
are prepared
 
in accordance
 
with International
 
Financial
Reporting Standards
 
(IFRS). SEC
 
regulations require
 
certain additional
 
disclosures to
 
be included
 
in
registration statements relating to offerings of securities.
 
Certain of these additional disclosures follow
herein,
 
and
 
should
 
be
 
read
 
in
 
conjunction
 
with
 
the
 
annual
 
report
 
on
 
Form
 
20-F
 
for
 
the
 
year
 
ended
31 December 2023 of UBS AG, filed with the SEC on March 28, 2024.
 
 
 
 
 
 
 
 
 
 
 
 
 
Capitalization of UBS AG
The table
 
below presents
 
the consolidated
 
capitalization
 
of UBS
 
AG in
 
accordance
 
with IFRS
 
Accounting
Standards in US dollars, the presentation currency
 
of UBS AG.
As of
USD m
31.12.23
30.9.23
Debt:
Short-term debt issued
1
 
83,094
 
81,099
Long-term debt issued
2
 
143,264
 
133,390
of which: eligible as non-Basel III-compliant tier 2 capital
 
instruments
 
538
 
536
Total debt issued
 
226,357
 
214,489
of which: Funding from UBS Group AG
 
70,232
 
65,603
Equity attributable to UBS AG shareholders
 
55,234
 
52,836
Equity attributable to non-controlling interests
 
335
 
345
Total capitalization
 
281,926
 
267,670
1 Short-term debt
 
issued consists of
 
debt issued (reflected
 
on the balance
 
sheet lines Debt
 
issued measured at
 
amortized cost and
 
Debt issued designated
 
at fair value)
 
by UBS AG
 
and its
subsidiaries and Funding from UBS
 
Group AG (measured at
 
amortized cost and designated at
 
fair value) with a
 
remaining contractual maturity of
 
less than one year without
 
considering any
early redemption features.
 
2 Long-term debt issued consists of
 
debt issued (reflected on the balance
 
sheet lines Debt issued measured at
 
amortized cost and Debt issued
 
designated at fair
value) by UBS AG and its subsidiaries and Funding from UBS Group AG (measured at amortized cost and designated at fair value) with a remaining
 
contractual maturity of more than one year
without considering any early redemption features.
 
 
This Form
 
6-K is
 
hereby incorporated
 
by reference
 
into (1)
 
the registration
 
statement of
 
UBS AG
 
on
Form F-3 (Registration
 
Number 333-263376),
 
and into each
 
prospectus outstanding
 
under the foregoing
registration statement, (2)
 
any outstanding offering
 
circular or similar
 
document issued or
 
authorized by
UBS
 
AG
 
that
 
incorporates
 
by
 
reference
 
any
 
Forms
 
6-K
 
of
 
UBS
 
AG
 
that
 
are
 
incorporated
 
into
 
its
registration
 
statements
 
filed
 
with
 
the
 
SEC,
 
and
 
(3)
 
the
 
base
 
prospectus
 
of
 
Corporate
 
Asset
 
Backed
Corporation
 
(“CABCO”)
 
dated
 
June
 
23,
 
2004
 
(Registration
 
Number
 
333-111572),
 
the
 
Form
 
8-K
 
of
CABCO filed and
 
dated June 23, 2004
 
(SEC File Number 001-13444),
 
and the Prospectus Supplements
relating
 
to
 
the
 
CABCO Series
 
2004-101
 
Trust
 
dated May
 
10,
 
2004
 
and May
 
17, 2004
 
(Registration
Number 033-91744 and 033-91744-05).
 
 
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
 
registrant has duly
caused this report to be signed on its behalf by the undersigned,
 
thereunto duly authorized.
UBS AG
By: _/s/ David Kelly _____________
Name:
 
David Kelly
Title:
 
Managing Director
 
By: _/s/ Ella Campi ______________
Name:
 
Ella Campi
Title:
 
Executive Director
Date:
 
March 28, 2024