Zurich/Basel, 15 March 2019 – The Annual Report 2018 provides comprehensive and detailed information on the firm, its strategy, business, governance, financial performance and risk, treasury and capital management, as well as on the regulatory and operating environment for the financial year 2018. UBS Group AG's consolidated financial statements are presented in US dollars for the first time in order to align with the change of the functional currency of UBS Group AG and UBS AG's Head Office in Switzerland from Swiss francs to US dollar and UBS AG's London branch from British pounds to US dollars.

UBS net profit attributable to shareholders for 2018 was USD 4.5 billion and diluted earnings per share were USD 1.18. The 2018 results and the balance sheet as of 31 December 2018 differ from those presented in the unaudited fourth quarter 2018 report published on 22 January 2019 as a result of adjusting events after the reporting period. Provisions for litigation, regulatory and similar matters increased, which reduced 2018 operating profit before tax and 2018 net profit attributable to shareholders by USD 382 million. As a result, basic earnings per share decreased by USD 0.10 and diluted earnings per share by USD 0.09. Refer to the shareholder letter, "Note 21 Provisions and contingent liabilities" and "Note 38 Events after the reporting period" in the "Consolidated financial statements" section.

UBS’s Annual Report 2018 includes the following sections:

Information on UBS Group AG and on UBS AG is available on www.ubs.com/investors as follows:

Shareholders may request a hard copy of UBS’s Annual Report 2018 free of charge.