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UBS ETRACS Daily Long-Short VIX ETN due 11/30/2040
Ticker Symbol: XVIX*     CUSIP: 902641596     Exchange: NYSEA
* NOTE: This security is no longer trading as of 8/18/2016

Company's Online Profile
BUSINESS:  UBS ETRACS Daily Long-Short VIX ETN due 11/30/2040 are senior unsecured debt securities issued by UBS AG who is offering and selling the series of Exchange Traded Access Securities (ETRACS). INVESTMENT OBJECTIVE: The UBS ETRACS Daily Long-Short VIX ETN is linked to the performance of the S&P 500 VIX Futures Term-Structure Index Excess Return. INDEX DESCRIPTION: The S&P 500 VIX Futures Term-Structure Index Excess Return is a composite index that measures the return from taking a long 100% position in the S&P 500 VIX Mid-Term Futures Index Excess Return (the Mid-Term Index) with a short, or inverse, 50% position in the S&P 500 VIX Short-Term Futures Index Excess Return (the Short-Term Index together with the Mid-Term Index, the Sub-Indices), with daily rebalancing of the long and short positions. The performance of the Index is reduced by the Fee Amount of 0.85% per annum and increased by the Financing Payment. RETURNS AND MATURITY: The return on the ETRACS ETNs, which may be positive or negative, is directly linked to the level of the Index, which, in turn, measures the return from taking a 100% long position in the Mid-Term Index and taking a 50% short, or inverse, position in the Short-Term Index, rebalanced daily. The performance of the Mid-Term Index and the Short-Term Index are based on the prices of one or more futures contracts on the VIX Index. The VIX Index measures the 30-day forward volatility of the S&P 500 Index as calculated based on the prices of certain put and call options on the S&P 500 Index. The level of the S&P 500 Index, the prices of options on the S&P 500 Index and the level of the VIX Index are each affected by a variety of factors and may change unpredictably, affecting the value of futures contracts on the VIX Index and, consequently, the level of the Mid-Term Index, the Short-Term Index, the Index and the value of your ETRACS ETNs in unforeseeable ways. REDEMPTION AND FEES: Upon early redemption, you may elect to require UBS to redeem your Securities, in whole or in part, on any Redemption Date prior to the Maturity Date commencing on December 13, 2010 through and including November 23, 2040, subject to the minimum redemption amount of 50,000 Securities and to your compliance with the procedures, you will receive per Security a cash payment on the relevant Redemption Date equal to the Current Principal Amount as of the applicable Valuation Date, minus the Redemption Fee Amount. For calculations of fees and for further information on this ETN click on the Link to IPO Prospectus.

Notes:  July 26, 2016 -- UBS Investment Bank today announced that it will redeem all of the outstanding securities in nine ETNs including this ETN effective 8/18/2016.

IPO - 11/30/2010 -    Link to IPO Prospectus
Micro Cap Stock -   Market Value $78.2 Million

Company's Online Information Links
HOME PAGE:     http://www.ibb.ubs.com/mc/etracs_US/about_ETRACS.shtml
Company's Investor Relations Information Go to Investor Relations Information
Company's Online News Releases Go to News Releases
Online Company Profile Go to Online Profile

Company's Online SEC EDGAR Filings
Company's SEC EDGAR Filings Go to SEC Filings

Company's Email Address Links
Email Address etracs@ubs.com
Email Contact Form on Website Go to Email Form

Foreign Address and Phone Numbers
Address:   Bahnhofstrasse 45 P O Box CH 8098 Zurich, Switzerland
Main Phone Number +41-1-234-41-00
Fax Number +41-1-234-34-15
Inv Rel Phone Number +41-1-234-43-60

Address and Phone Numbers
U.S. Representative USB NY
Address:   1285 Avenue of the Americas, New York, NY 10019
Main Phone Number 212-821-3000
Fax Number 212-713-1381
Investor Contact 800-722-7370
Toll Free Phone Number 800-722-7370

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