Equities Tactical Top Picks 1

Marke ng Material - not for UBS Switzerland AG onward distribu on

Equities - Tactical Top Picks Unified Global Markets PMA Equity Sales

Open Ideas Closed Ideas Company One Pagers Disclosures

Equities - Tactical Top Picks Overview

UBS Ra ng | Absolute Region Name Remark Ticker Inception Date Inception Price UBS Price Target Current Price Currency CIO Preference* Performance

Sonova Hldg N NEW SOON SW Buy | MP 27/07/2026 242 CHF

SWITZERLAND Roche Hldg PC Br ROP SW Buy | MP 08/06/ CHF 10.0%

Alcon Rg ALC SW Buy | MP 01/06/ CHF 7.8%

Prysmian N PRY IM Buy | MP 20/07/ EUR 1.4%

Asm Int Rg ASM NA Buy | MP 13/07/ EUR -2.7%

Anglo American Rg AAL LN Buy | MP 13/07/ GBP 3.8% EMEA Prosus Rg-N PRX NA Buy | MP 13/07/ EUR -6.9%

Continental Br CON GR Buy | MP 29/06/ EUR -1.0%

LVMH MC FP Buy | MP 08/06/ EUR -4.3%

Trane Tech Rg NEW TT US Buy | MP 27/07/2026 570 USD

AMERICAS Mastercard Rg-A MA US Buy | MP 06/07/ USD 1.4%

Boeing Co Rg BA US Buy | MP 01/06/ USD -6.6%

APAC Alibaba Grp Rg 9988 HK Buy | MP 14/07/ HKD -0.8%

* MP = CIO Most Preferred. Return since incep on shows total return including dividend yield. Past performance figures refer to the past and past performance is not a reliable indicator of future performance. Fees & poten al currency fluctua ons are not considered, but may impact individual performance accordingly. Current prices as of latest data available on publica on date. Source: UBS Research, as of 27/07/2026.