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Published on 3/19/2018 in the Prospect News Structured Products Daily.

New Issue: UBS prices $155,000 contingent absolute return autocallables on Vaneck Vectors Junior Gold

New York, March 19 – UBS AG, London Branch priced $155,000 of 0% contingent absolute return autocallable optimization securities due March 24, 2020 linked to the Vaneck Vectors Junior Gold Miners ETF, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus a call return of 11.17% per year if the shares close at or above the initial share price on any observation date, which occurs every quarter.

If the notes are not called and the shares finish at or above the trigger price, 75% of the initial share price, the payout at maturity will be par plus the absolute value of the ETF return. Otherwise, investors will be exposed to the share price decline from the initial price.

UBS Financial Services Inc. and UBS Investment Bank are the underwriters.

Issuer:UBS AG, London Branch
Issue:Contingent absolute return autocallable optimization securities
Underlying ETF:Vaneck Vectors Junior Gold Miners ETF
Amount:$155,000
Maturity:March 24, 2020
Coupon:0%
Price:Par of $10.00
Payout at maturity:If final share price is greater than or equal to trigger price, par plus absolute value of ETF return; otherwise, full exposure to share price decline
Call:Automatically at par plus 11.17% per year if shares close at or above initial share price on any observation date, which occurs every quarter
Initial share price:$31.73
Trigger price:$23.80, 75% of initial price
Pricing date:March 19
Settlement date:March 21
Underwriters:UBS Financial Services Inc. and UBS Investment Bank
Fees:1.5%
Cusip:90284A733

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