LatAm Oil & Gas LightHouse: PBR, BRAV, PRIO, Global (3x)

研报英文原文证据摘录

LatAm Oil & Gas LightHouse: PBR, BRAV, PRIO, Global (3x)

ise of a payment in relation to these services from or to this company.

Please note that all transactions conducted by UBS are consistent with sanctions regulations imposed by Switzerland, the European Union, the United

Nations, the United Kingdom and the United States, per UBS' global sanctions policy. UBS opinion as to future investment worthiness assumes no new

sanctions are imposed.

US persons are prohibited from purchasing or selling securities of certain companies designated as being associated with the Chinese Military in

accordance with the amended US Presidential Executive Order 13959.

United Kingdom: This material is distributed by UBS AG, London Branch to persons who are eligible counterparties or professional clients. UBS AG,

London Branch is authorised by the Prudential Regulation Authority and subject to regulation by the Financial Conduct Authority and limited regulation by

the Prudential Regulation Authority. Europe: Except as otherwise specified herein, these materials are distributed by UBS Europe SE, a subsidiary of UBS

AG, to persons who are eligible counterparties or professional clients (as detailed in the Bundesanstalt fur Finanzdienstleistungsaufsicht (BaFin) Rules

and according to MIFID) and are only available to such persons. The information does not apply to, and should not be relied upon by, retail clients. UBS

Europe SE is authorised by the European Central Bank (ECB) and regulated by the BaFin and the ECB. Germany, Luxembourg, the Netherlands, Belgium

and Ireland: Where an analyst of UBS Europe SE has contributed to this document, the document is also deemed to have been prepared by UBS Europe SE.

In all cases it is distributed by UBS Europe SE and UBS AG, London Branch.