(2) | As described in the Registration Statement, pursuant to a merger agreement entered into by UBS AG and Credit Suisse AG, Credit Suisse AG has been absorbed by UBS AG (the “Merger”) upon registration of the Merger. Credit Suisse AG has ceased to exist and all of its assets and liabilities and contracts have automatically transferred to, and been absorbed and taken over by, UBS AG by operation of Swiss law. Credit Suisse AG previously filed a registration statement on Form F-3 (File No. 333-272539) on June 8, 2023 (as amended by Pre-Effective Amendment No. 1 filed on June 22, 2023 (the “2023 Registration Statement”)) registering up to $51,610,474,960.81 of securities. In connection with the 2023 Registration Statement, Credit Suisse AG carried forward, pursuant to Rule 415(a)(6) an aggregate of $6,616,367.34 of registration fees from the registration statement on Form F-3 (File No. 333-238458-02) filed on May 15, 2020, as amended by Pre-Effective Amendment No. 1 filed on June 16, 2020, the “2020 Registration Statement”) which was comprised of (i) $689,332.46 of registration fees carried forward in respect of unsold securities under the 2020 Registration Statement pursuant to Rule 415(a)(6) and (ii) $5,927,034.88 of unused registration fees paid under the 2020 Registration Statement. UBS AG, as successor to Credit Suisse AG, has terminated the 2023 Registration Statement and is (i) hereby registering a maximum aggregate offering price of up to $1,500,000,000 of debt securities and (ii) pursuant to Rule 457(p) under the Securities Act, claims offset of all of the registration fees due under this Registration Statement with a portion of the unused registration fees previously paid or carried forward by Credit Suisse AG in respect of the 2023 Registration Statement. Therefore, no additional registration fee is due in connection with this Registration Statement. There is an aggregate of $51,429,667,351 of unsold securities under the 2023 Registration Statement and, after giving effect to the securities registered hereunder, $49,929,667,351 of remaining unsold securities (the “Unsold Securities”). UBS AG will offset the total registration fees due for a subsequent registration statement or registration statements filed within five years of the initial filing date of the 2023 Registration Statement with all or a portion of the registration fees paid in respect of the Unsold Securities in accordance with Rule 457(p). |