New Issue: UBS prices $1 million buffered return optimization securities linked to Starbucks

New York, Dec. 8 – UBS AG, London Branch priced $1,000,000 of buffered return optimization securities due March 11, 2024 linked to Starbucks Corp. stock, according to a 424B2 filing with the Securities and Exchange Commission.

If Starbucks stock closes at or above its initial price, the payout at maturity will be par plus two times any gain, capped at par plus 14.1%.

If Starbucks stock declines by up to 30%, the payout will be par. Investors will be exposed to any losses beyond 30%.

The agent is UBS Financial Services Inc. and UBS Investment Bank.

Issuer:	UBS AG, London Branch
Issue:	Buffered return optimization securities
Underlying stock:	Starbucks Corp. (Nasdaq: SBUX)
Amount:	$1,000,000
Maturity:	March 11, 2024
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus two times return of Starbucks stock, capped at 14.1%; par if stock declines by up to 30%; exposure to losses beyond 30%
Initial share price:	$102.08
Pricing date:	Dec. 6
Settlement date:	Dec. 8
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2%
Cusip:	90280B107

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