1、Annual Report 2024UBS AGContents2Our key figures1Our business model and environment4Integration of Credit Suisse6Our businesses14Our environment15Regulation and supervision20Regulatory and legal developments24Risk factors2Financial and operating performance37Accounting and financial reporting38UBS A

2、G consolidated performance44Global Wealth Management45Personal&Corporate Banking47Asset Management48Investment Bank50Non-core and Legacy50Group Items3Risk,capital,liquidity and funding,and balance sheet52Risk management and control88Capital,liquidity and funding,and balance sheet4Corporate governanc

3、e 109Corporate governance5Financial statements134Consolidated financial statements259Comparison between UBS AG consolidated and UBS Group AG consolidated6Additionalregulatory information262UBS AG consolidated supplemental disclosures required under SEC regulationsAppendixA270Alternative performance

4、measures274Abbreviations frequently used in our financial reports276Information sources277Cautionary statementCorporate informationUBS AG is incorporated and domiciled in Switzerland and operates under Art.620ff.of the Swiss Code of Obligations as an Aktiengesellschaft,a corporation limited by share

5、s.The addresses and telephone numbers of the two registered offices of UBS AG are:Bahnhofstrasse 45,CH-8001 Zurich,Switzerland,telephone+41-44-234 11 11;and Aeschenvorstadt 1,CH-4051 Basel,Switzerland,telephone+41-61-288 50 50.The corporate identification number is CHE-101.329.561.UBS AG is a bank.T

6、he company was formed on 29 June 1998,when Union Bank of Switzerland(founded in 1862)and Swiss Bank Corporation(founded in 1872)merged to form UBS AG.ContactsSwitchboardsFor all general Zurich+41-44-234 1111London+44-207-567 8000New York+1-212-821 3000Hong Kong SAR+852-2971 8888Singapore+65-6495 800