UBS AG P.O. Box, CH-4002 Basel Tel. +41-61-288 20 20 www.ubs.com 11 June 2014 Renaming of UBS (Lux) Equity Fund – Global Innovators (EUR) to UBS (Lux) Equity Fund – Global Sustainable Innovators (EUR) Dear Client, You currently hold units of UBS (Lux) Equity Fund – Global Innovators (EUR) in your custody account. We are writing to inform you that your fund will be renamed to UBS (Lux) Equity Fund – Global Sustainable Innovators (EUR) with effect from 10 July 2014. Overview of the changes: Until Wednesday, 9 July 2014 From Thursday, 10 July 2014 UBS (Lux) Equity Fund – Global Innovators (EUR) P-acc securities no. 1248700 / ISIN LU0130799603 UBS (Lux) Equity Fund – Global Sustainable Innovators (EUR) P-acc, securities no. 1248700 / ISIN LU0130799603 Currency of account: EUR Currency of account: EUR The new name is meant to reflect that the fund invests according to principles of sustainable investments. The fund is already a part of our offering of Sustainable & Responsible Investments. The name change does not induce any changes in the portfolio of the fund. The fund will still give you access to small- to medium-size enterprises whose products and services are distinguished by their especially high environmental or social value and innovative character. The investment universe will still cover mainly energy efficiency, clean energy, scarce resources, waste, water, education, sustainable foodstuffs and agriculture as well as demography. The annual management fee of 1.63% remains unchanged. Please find enclosed the key investor information document (KIID), in which you will find important information about UBS (Lux) Equity Fund – Global Sustainable Innovators (EUR). If you have defined UBS (Lux) Equity Fund – Global Innovators (EUR) as an investment instruction of a UBS investment fund account, this investment instruction will be automatically replaced by UBS (Lux) Equity Fund – Global Sustainable Innovators (EUR) on 10 July 2014. We look forward to continuing to count you among our investment fund clients in the future. Yours faithfully, UBS AG This letter is valid without signature. For marketing and information purposes by UBS. UBS fund under Luxembourg law. Representative in Switzerland for UBS funds established under foreign law: UBS Fund Management (Switzerland) AG, P.O. Box, CH-4002 Basel. Paying agent: UBS AG. Prospectuses, simplified prospectuses or key investor information, the articles of association and contractual terms as well as annual and semi-annual reports of UBS funds are available free of charge from UBS AG, P.O. Box, CH-4002 Basel or UBS Fund Management (Switzerland) AG, P.O. Box, CH-4002 Basel. Before investing in a product, please read the latest prospectus carefully and thoroughly. Units of the UBS funds mentioned above may not be offered, sold or delivered in the US. The information mentioned herein is not intended to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. Past performance is not necessarily a guide to future performance. This information pays no regard to the specific or future investment objectives, financial or tax situation or particular needs of any specific recipient. The details and opinions contained in this document are provided by UBS without any guarantee or warranty and are for the recipient's personal use and information purposes only. © UBS 2014. The key symbol and UBS are among the registered and unregistered trademarks of UBS. All rights reserved.