Documents in the Epstein records

all permitted users under Chapters =0E-2

document addition to the requirements. of this section House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pp.

all permitted users under Chapters =0E-2

authorized and regulated in the UK by the Financial

document this report represent and warrant that they are accredited and institutional investors as defined in the Securities and Futures Act (Cap. 289) UK: Approved by UBS AG House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pp.

authorized and regulated in the UK by the Financial

an exempt financial adviser under the Singapore Financial Advisers Act (Cap. 110) and a

document Authority to conduct securities business under license number 08113-37. Singapore: Please contact UBS AG Singapore branch House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pp.

an exempt financial adviser under the Singapore Financial Advisers Act (Cap. 110) and a

a foreign closed joint stock company incorporated in the Kingdom of Saudi Arabia

document has not been submitted for approval. Saudi Arabia: This publication has been approved by UBS Saudi Arabia (a subsidiary of UBS AG) House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pp.

a foreign closed joint stock company incorporated in the Kingdom of Saudi Arabia

but might be made available for information purposes to clients of

document “Bundesanstalt für Finanzdienstleistungsaufsicht”.Luxembourg: This publication is not intended to constitute a public offer under Luxembourg law House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pp.

but might be made available for information purposes to clients of

a French joint stock company with an Executive Board and a Supervisory Board (société anonyme à Dire

document document is distributed by UBS (France) S.A. House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pp.

a French joint stock company with an Executive Board and a Supervisory Board (société anonyme à Directoire et Conseil de Surveillance)

this publication is distributed to clients of UBS Wealth Management Canada by UBS Investment Managem

document which this publication has not been submitted for approval. Canada: In Canada House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pp.

this publication is distributed to clients of UBS Wealth Management Canada by UBS Investment Management Canada Inc. France : This

but might be made available for information purposes to clients of UBS Belgium NV/SA

document comparable solicitation under Belgian law House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pp.

but might be made available for information purposes to clients of UBS Belgium NV/SA

to which this publication has not been submitted for approval. This publication is not intended to c

document Financial Services and Markets Authority"" and the ""National Bank of Belgium"" House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pp.

to which this publication has not been submitted for approval. This publication is not intended to constitute a public offering or a

but might be made available for information purposes to clients of UBS Belgium NV/SA

document intended to constitute a public offering or a comparable solicitation under Belgian law House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pp.

but might be made available for information purposes to clients of UBS Belgium NV/SA

financial and taxation situation or particular needs. Belgium: This publication is not

document Corporations Act. The document is general information only and does not take into account any person’s investment objectives House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pp.

financial and taxation situation or particular needs. Belgium: This publication is not

a recipient should obtain personal financial product advice from an independent adviser and consider

document personal financial product advice. Prior to making any investment decision House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pp.

a recipient should obtain personal financial product advice from an independent adviser and consider any relevant offer documents (including

value or income of an investment. If for a financial instrument a prospectus has been published

document disposition may pay back less than invested. Changes in foreign exchange rates may have an adverse effect on the price House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pp.

value or income of an investment. If for a financial instrument a prospectus has been published

Specific Investment Objectives

document Specific investment objectives House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pp.

financial situation or particular needs of a recipient are not considered in this document. Tax treatment depends on the individual recipient's circumstances and may be subject

an offer or a solicitation of an offer to enter in any investment activity or investment

document independence of financial research are not applicable to this publication. The document is not to be regarded as a sales prospectus House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pp.

an offer or a solicitation of an offer to enter in any investment activity or investment

This Document Has Been Prepared By Ubs Ag

document This document has been prepared by UBS AG House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pp.

its subsidiary or affiliate (""UBS""). The information is intended as a general market commentary and provided solely for marketing and information

and business owners are reluctant to sell their

document • Our house view sees large parts of Europe in a stagnation House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pp.

and business owners are reluctant to sell their

the next leg in the ongoing Eurozone crisis

document • Decelerating global growth prospects House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pp.

the next leg in the ongoing Eurozone crisis

positive economic surprises in Europe followed by monetary

document • Improving macroeconomic data in the US House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pp.

positive economic surprises in Europe followed by monetary

we maintain our preference for US REITs due to stable fundamentals and like

document • Although slightly reduced House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pp.

we maintain our preference for US REITs due to stable fundamentals and like