Dr. Klaus Durrer

Guidance on prioritization and set-up of regulatory change initiatives in UBS Switzerland and lead of such initiatives, including • Derivatives and trading (e.g. Dodd Frank, EMIR, OTC Canada, MiFID II, Financial Market Infrastructure Act/FinfraG) • Investor protection (e.g. Collective Investment Schemes Act/KAG, Financial Services Act/FIDLEG, MiFID II, Federal Supreme Court decision on retrocessions) • Data protection (e.g. EU General Data Protection Regulation/GDPR, Swiss Federal Data Protection Act)

• L&C risk management and control, a.o. design of internal and front-to-back controls, performance of control and risk assessments, monitoring of deficiencies • L&C reporting to Group Executive Board (GEB) and Board of Directors (BoD) of UBS AG and Annual Compliance Report of UBS AG • Global L&C point of contact for Operational Risk Control (ORC) and for Ernst & Young's regulatory audit activities undertaken on behalf of the Swiss regulator FINMA

• Risk assessment, reporting and management for Legal & Compliance WM&SB • Policy management for Legal & Compliance WM&SB • Legal & Compliance training and education management • Global business management for Legal & Compliance WM&SB

• Compliance risk assessment and reporting • Risk management for Chief Risk Officer functions • Policy management • Compliance training and education • Global WM&BB environmental program lead

• Analysis and lobbying on political, regulatory, societal and economic topics • WealthCast model for assessing market size and growth for wealth management • Ghostwriting for top management on strategic and political topics

• Macroeconomic research on various topics, e.g. impact of the Euro on the Swiss economy, Swiss financial policy • Industry analysis of the Swiss insurance sector • Guidance of senior management on Swiss policy issues