<html>

<head>
<meta content="text/html; charset=utf-8" />


<title>S82018InvestmentPlan</title>


</head>

<body link=blue vlink=purple><a name="page_1"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>


<p style="margin:0in;margin-bottom:.0001pt;tab-stops:center 3.25in right 6.5in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;layout-grid-mode:line;">&nbsp;</font></p>


</DIV>
<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<div style="border:solid white 1.0pt;border-bottom:double black 2.25pt;padding:0in 0in 0in 0in;">

<p style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">&nbsp;</font></p>

</div>


<p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:4.0pt;page-break-after:avoid;text-align:center;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:18.0pt;">UNITED STATES SECURITIES AND EXCHANGE COMMISSION</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:center;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Washington, </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:center;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">D.C. 20549</font></b></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;margin-left:3.0in;margin-right:3.0in;padding:0in 0in 1.0pt 0in;">

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:.25in;padding:0in;text-align:center;"><font face="Times New Roman,serif" lang=EN-US style="font-size:6.0pt;line-height:4.0pt;">&nbsp;</font></p>

</div>


<p align=center style="margin:0in;margin-bottom:.0001pt;margin-top:4.0pt;text-align:center;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:16.0pt;layout-grid-mode:line;">FORM S-8</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:8.0pt;layout-grid-mode:line;">REGISTRATION STATEMENT</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:8.0pt;layout-grid-mode:line;">UNDER THE SECURITIES ACT OF 1933<br>
<br>
</font></b></p>

<div style="border:none;border-top:solid windowtext 1.0pt;margin-left:193.7pt;margin-right:193.7pt;padding:1.0pt 0in 0in 0in;">

<p align=center style="border:none;margin:0in;margin-bottom:6.0pt;padding:0in;text-align:center;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;layout-grid-mode:line;line-height:2.0pt;">&nbsp;</font></b></p>

</div>


<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:16.0pt;layout-grid-mode:line;">UBS GROUP AG</font></b></p>

<p align=center style="margin:0in;margin-bottom:5.0pt;text-align:center;"><font face="Times New Roman,serif" lang=EN-US style="font-size:8.0pt;layout-grid-mode:line;">(Exact name of registrant as specified in its charter)<br>
<br>
</font></p>

<p align=center style="margin:0in;margin-bottom:5.0pt;text-align:center;"><font face="Times New Roman,serif" lang=EN-US style="font-size:8.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100%;">
 <tr>
  <td valign=top width=50% style="padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:5.0pt;text-align:center;"><b><font face="Times New Roman,serif" style="font-size:8.0pt;layout-grid-mode:line;">Switzerland</font></b></p>
  </td>
 <td valign=top width=50% style="padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman,serif" style="font-size:8.0pt;layout-grid-mode:line;">[98-0186363]</font></b></p>
  </td>
 </tr>
<tr>
  <td valign=top width=50% style="padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:8.0pt;layout-grid-mode:line;">(State or other jurisdiction of</font></p>
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:8.0pt;layout-grid-mode:line;">incorporation or organization)</font></p>
  </td>
 <td valign=top width=50% style="padding:0in 5.4pt 0in 5.4pt;">
  <p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:8.0pt;layout-grid-mode:line;">(I.R.S. Employer</font></p>
  <p align=center style="margin:0in;margin-bottom:5.0pt;text-align:center;"><font face="Times New Roman,serif" style="font-size:8.0pt;layout-grid-mode:line;">Identification Number)</font></p>
  </td>
 </tr>
</table></div>



<p align=center style="margin:0in;margin-bottom:.0001pt;margin-top:4.0pt;text-align:center;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:8.0pt;layout-grid-mode:line;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman,serif" lang=DE style="font-size:8.0pt;layout-grid-mode:line;">BAHNHOFSTRASSE 45, ZURICH, SWITZERLAND, AND</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman,serif" lang=DE style="font-size:8.0pt;layout-grid-mode:line;">AESCHENVORSTADT 1, BASEL, SWITZERLAND </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman,serif" lang=EN-US style="font-size:8.0pt;layout-grid-mode:line;">(Address, including ZIP Code, and telephone number,
including area code, of registrant&#8217;s principal executive offices)</font></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;margin-left:193.7pt;margin-right:193.7pt;padding:0in 0in 0in 0in;">

<p align=center style="border:none;margin:0in;margin-bottom:.0001pt;margin-top:3.0pt;padding:0in;text-align:center;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;layout-grid-mode:line;line-height:6.0pt;">&nbsp;</font></b></p>

</div>


<p align=center style="margin:0in;margin-bottom:.0001pt;margin-top:4.0pt;text-align:center;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:8.0pt;layout-grid-mode:line;">&nbsp;</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:8.0pt;layout-grid-mode:line;">UBS VOLUNTARY INVESTMENT PLAN</font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman,serif" lang=EN-US style="font-size:8.0pt;layout-grid-mode:line;">(Full title of the plans)</font></p>

<div style="border:none;border-bottom:solid windowtext 1.0pt;margin-left:193.7pt;margin-right:193.7pt;padding:0in 0in 0in 0in;">

<p align=center style="border:none;margin:0in;margin-bottom:.0001pt;margin-top:3.0pt;padding:0in;text-align:center;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;layout-grid-mode:line;line-height:6.0pt;">&nbsp;</font></b></p>

</div>


<p align=center style="margin:0in;margin-bottom:.0001pt;margin-top:4.0pt;text-align:center;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:8.0pt;layout-grid-mode:line;">&nbsp;</font></b></p>

<p align=center style="background:white;margin:0in;margin-bottom:.0001pt;margin-top:12.0pt;text-align:center;"><b><font color=#333333 face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;line-height:14.25pt;">David Kelly </font></b></p>

<p align=center style="background:white;margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=#333333 face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;line-height:14.25pt;">600
Washington Boulevard </font></b></p>

<p align=center style="background:white;margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=#333333 face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;line-height:14.25pt;">Stamford, CT
06901 </font></b></p>

<p align=center style="background:white;margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=#333333 face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;line-height:14.25pt;">(203)
719-3000 </font></b></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman,serif" lang=EN-US style="font-size:8.0pt;layout-grid-mode:line;">&#160;(Name, address, including ZIP Code, and telephone
number, including area code, of agent for service)</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman,serif" lang=EN-US style="font-size:8.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman,serif" lang=EN-US style="font-size:8.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman,serif" lang=EN-US style="font-size:8.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:8.0pt;layout-grid-mode:line;">Indicate by check mark whether
the registrant is a large accelerated filer, an accelerated filer, a
non-accelerated filer, or a smaller reporting company.&#160; See the definitions of
&quot;large accelerated filer,&quot; &quot;accelerated filer&quot; and
&quot;smaller reporting company&quot; in Rule 12b-2 of the Exchange Act.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:8.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:8.0pt;layout-grid-mode:line;">Large accelerated filer &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; X</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:8.0pt;layout-grid-mode:line;">Accelerated filer &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Times New Roman,serif" lang=EN-US style="font-size:8.0pt;layout-grid-mode:line;">&#9744;&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:8.0pt;layout-grid-mode:line;">Non-accelerated filer&#160;&#160;&#160;&#160;  &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Times New Roman,serif" lang=EN-US style="font-size:8.0pt;layout-grid-mode:line;">&#9744;&nbsp;</font><font face="Times New Roman,serif" lang=EN-US style="font-size:8.0pt;layout-grid-mode:line;"> (Do not check if a smaller
reporting company.)</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:8.0pt;layout-grid-mode:line;">Smaller reporting company&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="Times New Roman,serif" lang=EN-US style="font-size:8.0pt;layout-grid-mode:line;">&#9744;&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:8.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p align=center style="margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:center;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

<div style="border:solid white 1.0pt;border-bottom:double black 2.25pt;padding:0in 0in 0in 0in;">

<p style="border:none;margin:0in;margin-bottom:.0001pt;padding:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">&nbsp;</font></p>

</div>


<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;layout-grid-mode:line;">&#160;&nbsp;</font></p>









<DIV bclFooter>


<p style="margin:0in;margin-bottom:.0001pt;tab-stops:center 3.25in right 6.5in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;layout-grid-mode:line;">&nbsp;</font></p>


</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_2"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>


<p style="margin:0in;margin-bottom:.0001pt;mso-line-height-rule:exactly;mso-pagination:no-line-numbers;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;layout-grid-mode:line;line-height:.7pt;">&nbsp;</font></p>


</DIV>
<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:10.0pt;line-height:11.5pt;">CALCULATION
OF REGISTRATION FEE</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:17.25pt;">
  <td valign=bottom width=34% style="border:none;border-bottom:solid #74726F 1.0pt;height:17.25pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;layout-grid-mode:line;">Title of securities to be registered </font></b></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.0pt;height:17.25pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.0pt;layout-grid-mode:line;">&nbsp;</font></p>
  </td>
 <td valign=bottom width=17% style="border:none;border-bottom:solid #74726F 1.0pt;height:17.25pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;layout-grid-mode:line;">Amount to be registered<sup>1</sup></font></b></p>
  </td>
 <td valign=bottom width=16% style="border:none;border-bottom:solid #74726F 1.0pt;height:17.25pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;layout-grid-mode:line;">Proposed maximum offering price per share<sup>2</sup></font></b></p>
  </td>
 <td valign=bottom width=16% style="border:none;border-bottom:solid #74726F 1.0pt;height:17.25pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;layout-grid-mode:line;">Proposed maximum aggregate offering price<sup>2</sup></font></b></p>
  </td>
 <td valign=bottom width=16% style="border:none;border-bottom:solid #74726F 1.0pt;height:17.25pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><b><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;layout-grid-mode:line;">Amount of registration&nbsp;fee<sup>3</sup></font></b></p>
  </td>
 </tr>
<tr style="height:12.0pt;">
  <td width=34% style="border:none;border-bottom:solid #74726F 1.5pt;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;layout-grid-mode:line;">Deferred Compensation Obligations<sup>1</sup></font></p>
  </td>
 <td width=1% style="border:none;border-bottom:solid #74726F 1.5pt;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.0pt;layout-grid-mode:line;">&nbsp;</font></p>
  </td>
 <td width=17% style="border:none;border-bottom:solid #74726F 1.5pt;height:12.0pt;padding:0in 3.5pt 0in 2.0pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;layout-grid-mode:line;">$100,000,000</font></p>
  </td>
 <td width=16% style="border:none;border-bottom:solid #74726F 1.5pt;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;layout-grid-mode:line;">100%</font></p>
  </td>
 <td width=16% style="border:none;border-bottom:solid #74726F 1.5pt;height:12.0pt;padding:0in 3.5pt 0in 2.0pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;layout-grid-mode:line;">$100,000,000</font></p>
  </td>
 <td width=16% style="border:none;border-bottom:solid #74726F 1.5pt;height:12.0pt;padding:0in 3.5pt 0in 2.0pt;">
  <p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:7.5pt;layout-grid-mode:line;">$12,450</font></p>
  </td>
 </tr>
<tr style="height:9.0pt;">
  <td colspan=6 valign=top width=100% style="border:none;height:9.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin:0in;margin-bottom:.0001pt;"><font color=black face="Frutiger 47 Light CN,sans-serif" style="font-size:6.5pt;layout-grid-mode:line;">1&nbsp;The deferred compensation obligations are unsecured
  obligations of UBS Group AG to pay deferred compensation in the future in
  accordance with the terms of the UBS Voluntary Investment Plan.&#160;&#160;&#160;
  2&nbsp;Estimated solely for the purpose of calculating the registration
  fee.&#160;&#160;&#160; 3&nbsp;Calculated pursuant to rule 457(h) under the Securities Act of
  1933, as amended.</font></p>
  </td>
 </tr>
</table></div>




<DIV bclFooter>


<p align=right style="border:none;margin:0in;margin-bottom:.0001pt;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;text-align:right;text-indent:0in;"><font style="border:none;display:none;mso-hide:all;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font style="mso-no-proof:yes;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">1</font></font></font><font style="border:none;mso-no-proof:yes;"><font style="display:none;mso-hide:all;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>


</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_3"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>


<p style="margin:0in;margin-bottom:.0001pt;mso-line-height-rule:exactly;mso-pagination:no-line-numbers;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;layout-grid-mode:line;line-height:.7pt;">&nbsp;</font></p>


</DIV>
<p style="margin-bottom:30.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:18.0pt;line-height:20.0pt;">PART
I.&#160;&#160;&#160; INFORMATION REQUIRED IN THE 10(a) PROSPECTUS</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The documents containing the information specified in
&#8220;Item 1. Plan Information&#8221; and &#8220;Item 2. Registrant Information and Employee
Plan Annual Information&#8221; of Form S-8 will be sent or given to participants of
the UBS Voluntary Investment Plan (the &#8220;Plan&#8221;), as specified by Rule 428(b)(1)
under the Securities Act of 1933, as amended (the &#8220;Securities Act&#8221;). Such
documents are not required to be, and are not, filed with the Securities and
Exchange Commission (the &#8220;Commission&#8221;) either as part of this Registration
Statement or as a prospectus or prospectus supplement pursuant to Rule 424
under the Securities Act. These documents and the documents incorporated by
reference in this Registration Statement pursuant to Item 3 of Part II of Form
S-8, taken together, constitute a prospectus that meets the requirements of
Section 10(a) of the Securities Act.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:0in;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:0in;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:0in;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:0in;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin-bottom:30.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:18.0pt;line-height:20.0pt;">PART II.&#160;&#160; INFORMATION REQUIRED IN THE REGISTRATION
STATEMENT</font></p>

<p style="margin-bottom:11.3pt;margin-left:0in;margin-right:0in;margin-top:11.3pt;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Item 3.&#160;
Incorporation of documents by reference.</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The following documents previously filed by UBS Group AG
(the &#8220;Company&#8221; or the &#8220;Registrant&#8221;) with the Commission are incorporated by
reference in this Registration Statement:</font></p>

<p style="margin-bottom:0in;margin-left:14.2pt;margin-right:0in;margin-top:0in;text-indent:-14.2pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">1.&#160;&#160; The Company&#8217;s Annual Report on Form 20-F for the year
ended December 31, 2017, which the Company filed with the Commission on March 9,
2018; and</font></p>

<p style="margin-bottom:0in;margin-left:14.2pt;margin-right:0in;margin-top:0in;text-indent:-14.2pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">2.&#160;&#160; The Company&#8217;s Reports of Foreign Issuer on Form 6-K,
which the Company filed with the Commission on March 9, 2018 (only first three
reports filed on such date), March 26, 2018, April 3, 2018 (two reports), April
23, 2018 (only first report filed on such date), April 27, 2018 (two reports),
May 3, 2018, July 24, 2018 (only first report filed on such date), July 27,
2018 (only first report filed on such date), September 25, 2018, October 25,
2018 (only first and fifth reports filed on such date) and October 31, 2018
(only first report filed on such date).</font></p>

<p style="margin-bottom:0in;margin-left:14.2pt;margin-right:0in;margin-top:0in;text-indent:-14.2pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">In addition, all subsequent reports that the Company files on
Form 20-F under the Securities Exchange Act of 1934 and, to the extent
designated therein, certain reports on Form 6-K subsequently furnished by the
Company that should be deemed filed, in each case prior to the filing of a
post-effective amendment which indicates that all securities offered hereby
have been sold or which deregisters all securities then remaining unsold, shall
be deemed to be incorporated by reference in this Registration Statement and to
be a part hereof from the date of filing or furnishing such documents.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Any statement contained in a document incorporated or deemed
to be incorporated herein by reference shall be deemed to be modified or
superseded for purposes of this Registration Statement to the extent that a
statement contained herein or in any other subsequently filed document which
also is or is deemed to be incorporated herein by reference modifies or supersedes
such statement. Any such statement so modified or superseded will not be
deemed, except as so modified or superseded, to constitute a part of this
Registration Statement.</font></p>





<DIV bclFooter>


<p align=right style="border:none;margin:0in;margin-bottom:.0001pt;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;text-align:right;text-indent:0in;"><font style="border:none;display:none;mso-hide:all;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font style="mso-no-proof:yes;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">2</font></font></font><font style="border:none;mso-no-proof:yes;"><font style="display:none;mso-hide:all;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>


</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_4"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>


<p style="margin:0in;margin-bottom:.0001pt;mso-line-height-rule:exactly;mso-pagination:no-line-numbers;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;layout-grid-mode:line;line-height:.7pt;">&nbsp;</font></p>


</DIV>
<p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;layout-grid-mode:line;">&nbsp;</font></b></p>

<p style="margin-bottom:11.3pt;margin-left:0in;margin-right:0in;margin-top:11.3pt;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Item 4.&#160; Description of
securities.</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Under the Plan, the Company may provide eligible
employees of the Company and certain affiliates of the Company (each, a
&#8220;Participating Employer&#8221;) the opportunity to defer a specified percentage or
dollar amount of their regular or incentive-based compensation under the Plan.
Deferred amounts will be credited to an account maintained on the books and
records of the Company in the name of the participant and may be notionally
invested in one or more notional investments. A description of the notional
investments will be included in the documents referred to in Part I of this
Registration Statement. A Participating Employer may also, in its sole
discretion, credit employer contributions to a participant&#8217;s account under such
terms as it shall determine. The obligations of the Company to pay deferred amounts,
together with any notional earnings thereof, in accordance with the Plan are
referred to as &#8220;Deferred Compensation Obligations&#8221;.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The participant&#8217;s deferral election, made in accordance with
the terms of the Plan, will determine the amount of compensation elected to be
deferred. At the time of the deferral request, the participant will specify the
date on which the payment of the deferral amount will be made or commenced. Participants&#8217;
account balances will be adjusted from time to time to reflect any additional
deferrals made under the Plan, positive or negative returns based on the
notional investments chosen by the participants, from time to time, and any
applicable administrative charges. The plan does not guarantee a minimum rate
of return.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Deferred Compensation Obligations will be unsecured
obligations of the Company and will rank equally with other unsecured and
unsubordinated indebtedness of the Company and/or its subsidiaries from time to
time outstanding. The Company may, but is not obligated to, fund its Deferred
Compensation Obligations through one or more employee benefit trusts that may
be subject to claims of the Company&#8217;s (and/or its subsidiaries) creditors.
Nothing in the Plan will be construed to give a participant or any other person
rights to any specific assets of the Company, its subsidiaries or its
affiliates.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Any rights that a participant or beneficiary may have under
the Plan are not assignable and non-transferable. Any attempt to assign or
transfer any such rights shall be null and void and of no force or effect.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Balances in the Deferred Compensation Obligation accounts are
payable at the end of the deferral period specified at the time of the grant of
the deferred compensation award or the deferral election, as applicable. Except
in the case of (i) death prior to a termination of employment, (or, at the
discretion of the Plan&#8217;s administrative committee, following a termination of
employment) or disability (as defined in the Plan), (ii) to comply with a
domestic relations order (as defined in Section 414(p)(1)(B) of the Internal
Revenue Code), (iii) the cashout of certain de minimis amounts upon termination
of the Plan, (iv) a change in control (as defined in the Plan) of a
participant&#8217;s employer and (v) certain distributions in the event of an
unforeseeable emergency (as defined in the Plan), the Deferred Compensation
Obligations are not subject to redemption, in whole or in part, prior to the
individual distribution dates specified at the time of election or grant.
However, the Company may amend or terminate the Plan at any time, with respect
to any or all participants, including in any manner that adversely affects
participants&#8217; rights. Upon termination, each participant&#8217;s deferral account
will be distributed in accordance with the applicable deferral elections and
the terms of the Plan.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The Deferred Compensation Obligations are not convertible into
any other security of the Company. The Deferred Compensation Obligations will
not have the benefit of a negative pledge or any other affirmative or negative
covenant on the part of the Company. No trustee has been appointed having the
authority to take action with respect to the Deferred Compensation Obligations,
and each participant will be responsible for acting independently with respect
to, among other things, the giving of notices, responding to any requests for
consents, waivers or amendments pertaining to the Deferred Compensation
Obligations, enforcing covenants and taking action upon a default.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The Plan will be administered by an administrative committee,
composed of one or more persons appointed by the Company to administer the
Plan, which will have discretionary authority to make, amend, interpret and
enforce all appropriate rules and regulations for the administration of the Plan.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">A participant&#8217;s rights with respect to the Deferred
Compensation Obligations are generally not subject to assignment, sale or other
transfer during the participant&#8217;s lifetime nor are they liable or subject in
any manner to attachment, garnishment or execution; except that the
Administrative Committee has the discretion to make payments to an alternate
payee in accordance with the terms of a domestic relations order.</font></p>





<DIV bclFooter>


<p align=right style="border:none;margin:0in;margin-bottom:.0001pt;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;text-align:right;text-indent:0in;"><font style="border:none;display:none;mso-hide:all;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font style="mso-no-proof:yes;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">3</font></font></font><font style="border:none;mso-no-proof:yes;"><font style="display:none;mso-hide:all;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>


</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_5"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>


<p style="margin:0in;margin-bottom:.0001pt;mso-line-height-rule:exactly;mso-pagination:no-line-numbers;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;layout-grid-mode:line;line-height:.7pt;">&nbsp;</font></p>


</DIV>
<p style="margin:0in;margin-bottom:.0001pt;"><b><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></b></p>

<p style="margin-bottom:11.3pt;margin-left:0in;margin-right:0in;margin-top:22.65pt;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:16.0pt;">Item
5.&#160; Interests of named experts and counsel.</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:0in;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Not applicable.</font></p>

<p style="margin-bottom:11.3pt;margin-left:0in;margin-right:0in;margin-top:22.65pt;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:16.0pt;">Item
6.&#160; Indemnification of directors and officers.</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Under Swiss law, directors and senior officers acting in
violation of their statutory duties&#8212;whether dealing with bona fide third
parties or performing any other acts on behalf of the corporation&#8212;may become
liable to the corporation, its shareholders and (in bankruptcy) its creditors
for damages. The directors&#8217; liability is joint and several but only to the
extent the damage is attributable to each director based on willful or
negligent violation of duty. If the board of directors lawfully delegated the
power to carry out day-to-day management to a different corporate body, e.g.,
the executive board, the board of directors is not vicariously liable for the
acts of the members of the executive board. Instead the directors can be held
liable for their failure to properly select, instruct or supervise the
executive board members. If directors and officers enter into a transaction on
behalf of the corporation with bona fide third parties in violation of their
statutory duties, the transaction is nevertheless valid as long as it is not
excluded by the corporation&#8217;s business purpose.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Under Swiss law, a corporation may indemnify a director or
officer of the corporation against losses and expenses (unless arising from his
gross negligence or willful misconduct), including attorney&#8217;s fees, judgments,
fines and settlement amounts actually and reasonably incurred in a civil or
criminal action, suit or proceeding by reason of having been the representative
of or serving at the request of the corporation.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Because the Company is a Swiss company headquartered in
Switzerland, many of the directors and officers of the Company are residents of
Switzerland and not the U.S. As a result, U.S. investors may find it difficult
in a lawsuit based on the civil liability provisions of the U.S. federal
securities laws to:</font></p>

<p style="margin-bottom:0in;margin-left:11.35pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#8211;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;line-height:11.5pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">effect service within the U.S. upon the Company and the directors and
officers of the Company located outside the U.S.,</font></p>

<p style="margin-bottom:0in;margin-left:11.35pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#8211;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;line-height:11.5pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">enforce in U.S. courts or outside the U.S. judgments obtained against those
persons in U.S. courts,</font></p>

<p style="margin-bottom:0in;margin-left:11.35pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#8211;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;line-height:11.5pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">enforce in U.S. courts, judgments obtained against those persons in
courts in jurisdictions outside the U.S., and</font></p>

<p style="margin-bottom:0in;margin-left:11.35pt;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&#8211;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;line-height:11.5pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">enforce against those persons in Switzerland, whether in original
actions or in actions for the enforcement of judgments of U.S. courts, civil
liabilities based solely upon the U.S. federal securities laws.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Neither the Registrant&#8217;s articles of association nor Swiss
statutory law contain provisions regarding the indemnification of directors and
officers. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">According to general principles of Swiss employment law, an
employer may, under certain circumstances, be required to indemnify an employee
against losses and expenses incurred by him in the execution of his duties
under the employment agreement, unless the losses and expenses arise from the
employee&#8217;s gross negligence or willful misconduct. </font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:11.35pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">It is the Company&#8217;s policy to indemnify its current or former
directors and/or employees against certain losses and expenses in respect of
service as a director or employee of the Company, one of its affiliates or
another entity, which the Company has approved, subject to specific conditions
or exclusions. The Registrant maintains directors&#8217; and officers&#8217; insurance for
its directors and officers. </font></p>

<p style="margin-bottom:11.3pt;margin-left:0in;margin-right:0in;margin-top:22.65pt;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:16.0pt;">Item
7.&#160; Exemption from registration claimed.</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:0in;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Not applicable.</font></p>





<DIV bclFooter>


<p align=right style="border:none;margin:0in;margin-bottom:.0001pt;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;text-align:right;text-indent:0in;"><font style="border:none;display:none;mso-hide:all;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font style="mso-no-proof:yes;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">4</font></font></font><font style="border:none;mso-no-proof:yes;"><font style="display:none;mso-hide:all;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>


</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_6"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>


<p style="margin:0in;margin-bottom:.0001pt;mso-line-height-rule:exactly;mso-pagination:no-line-numbers;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;layout-grid-mode:line;line-height:.7pt;">&nbsp;</font></p>


</DIV>
<p style="margin:0in;margin-bottom:.0001pt;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;layout-grid-mode:line;">&nbsp;</font></b></p>

<p style="margin-bottom:11.3pt;margin-left:0in;margin-right:0in;margin-top:22.65pt;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:16.0pt;">Item
8.&#160; Exhibits.</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:0in;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The following exhibits are filed
herewith or incorporated by reference in this Registration Statement.</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:0in;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:0in;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Exhibit No.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Description of
Exhibit</font></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:0in;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">4.1 &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><a href="exhibit041.htm" style="-sec-extract:exhibit"><u><font color=blue face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">UBS Voluntary Investment Plan</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:0in;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">5.1&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><a href="exhibit0511.htm" style="-sec-extract:exhibit"><u><font color=blue face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Opinion of Homburger AG as to the legality of securities
to be registered (filed herewith)</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:0in;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">5.1&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><a href="exhibit0512.htm" style="-sec-extract:exhibit"><u><font color=blue face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Opinion of Debevoise &amp; Plimpton LLP as to the
legality of securities to be registered (New York law) (filed herewith)</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:0in;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">23.1&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><a href="exhibit231.htm" style="-sec-extract:exhibit"><u><font color=blue face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Consent of Ernst &amp; Young Ltd. (filed herewith)</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:0in;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">23.2&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><a href="exhibit0511.htm" style="-sec-extract:exhibit"><u><font color=blue face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Consent of Homburger AG (included in Exhibit 5.1)</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:0in;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">23.3&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><a href="exhibit0512.htm" style="-sec-extract:exhibit"><u><font color=blue face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Consent of Debevoise &amp; Plimpton LLP (included in
Exhibit 5.1)</font></u></a></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:0in;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">24.1&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><a href="exhibit240.htm" style="-sec-extract:exhibit"><u><font color=blue face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">Powers of Attorney (filed herewith)</font></u></a></p>

<p style="margin-bottom:11.3pt;margin-left:0in;margin-right:0in;margin-top:22.65pt;"><b><font color=black face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:16.0pt;">Item 9&#160;&#160;&#160; Undertakings</font></b></p>

<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:0in;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">The Company hereby undertakes: </font></p>

<p style="margin-bottom:0in;margin-left:14.2pt;margin-right:0in;margin-top:0in;text-indent:-14.2pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">1. To file, during any period in which offers or sales are
being made, a post-effective amendment to this registration statement: </font></p>

<p style="margin-bottom:0in;margin-left:14.2pt;margin-right:0in;margin-top:0in;text-indent:-14.2pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">(i) To include any prospectus required by Section 10(a)(3)
of the Securities Act of 1933 (the &#8220;Securities Act&#8221;); </font></p>

<p style="margin-bottom:0in;margin-left:14.2pt;margin-right:0in;margin-top:0in;text-indent:-14.2pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">(ii) To reflect in the prospectus any facts or events
arising after the effective date of the registration statement (or the most
recent post-effective amendment thereof) which, individually or in the
aggregate, represent a fundamental change in the information set forth in the
registration statement. Notwithstanding the foregoing, any increase or decrease
in volume of securities offered (if the total dollar value of securities
offered would not exceed that which was registered) and any deviation from the
low or high end of the estimated maximum offering range may be reflected in the
form of prospectus filed with the Securities and Exchange Commission (the
&#8220;Commission&#8221;) pursuant to Rule 424(b) if, in the aggregate, the changes in
volume and price represent no more than a 20% change in the maximum aggregate
offering price set forth in the &#8220;Calculation of Registration Fee&#8221; table in the
effective registration statement; and </font></p>

<p style="margin-bottom:0in;margin-left:14.2pt;margin-right:0in;margin-top:0in;text-indent:-14.2pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">(iii) To include any material information with respect to
the plan of distribution not previously disclosed in the registration statement
or any material change to such information in the registration statement;<br>
<br>
</font><i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">provided, however,</font></i><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;"> that (A) paragraphs (1)(i) and (1)(ii) above do not
apply if the registration statement is on Form S-8 and the information required
to be included in a post-effective amendment by those paragraphs is contained
in reports filed with or furnished to the Commission by the Company pursuant to
Section 13 or Section 15(d) of the Securities Exchange Act of 1934 (the
&#8220;Exchange Act&#8221;) that are incorporated by reference in the registration
statement; </font></p>

<p style="margin-bottom:0in;margin-left:14.2pt;margin-right:0in;margin-top:0in;text-indent:-14.2pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:14.2pt;margin-right:0in;margin-top:0in;text-indent:-14.2pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">2. That, for the purpose of determining any liability
under the Securities Act, each such post-effective amendment shall be deemed to
be a new registration statement relating to the securities offered therein, and
the offering of such securities at that time shall be deemed to be the initial
bona fide offering thereof; </font></p>

<p style="margin-bottom:0in;margin-left:14.2pt;margin-right:0in;margin-top:0in;text-indent:-14.2pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:14.2pt;margin-right:0in;margin-top:0in;text-indent:-14.2pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">3. To remove from registration by means of a
post-effective amendment any of the securities being registered which remain
unsold at the termination of the offering; </font></p>

<p style="margin-bottom:0in;margin-left:14.2pt;margin-right:0in;margin-top:0in;text-indent:-14.2pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:14.2pt;margin-right:0in;margin-top:0in;text-indent:-14.2pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">4. That, for purposes of determining any liability under
the Securities Act, each filing of the Company&#8217;s annual report pursuant to
Section 13(a) or Section 15(d) of the Exchange Act that is incorporated by
reference in the registration statement shall be deemed to be a new
registration statement relating to the securities offered therein, and the
offering of such securities at that time shall be deemed to be the initial bona
fide offering thereof. </font></p>





<DIV bclFooter>


<p align=right style="border:none;margin:0in;margin-bottom:.0001pt;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;text-align:right;text-indent:0in;"><font style="border:none;display:none;mso-hide:all;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font style="mso-no-proof:yes;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">5</font></font></font><font style="border:none;mso-no-proof:yes;"><font style="display:none;mso-hide:all;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>


</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_7"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>


<p style="margin:0in;margin-bottom:.0001pt;mso-line-height-rule:exactly;mso-pagination:no-line-numbers;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;layout-grid-mode:line;line-height:.7pt;">&nbsp;</font></p>


</DIV>
<p style="margin:0in;margin-bottom:.0001pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:14.2pt;margin-right:0in;margin-top:0in;text-indent:-14.2pt;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">5. Insofar as indemnification for liabilities arising
under the Securities Act may be permitted to directors, officers and
controlling persons of the Company pursuant to the foregoing provisions, or
otherwise, the Company has been advised that in the opinion of the Commission
such indemnification is against public policy as expressed in the Act and is,
therefore, unenforceable. In the event that a claim for indemnification against
such liabilities (other than the payment by the Company of expenses incurred or
paid by a director, officer or controlling person of the Company in the
successful defense of any action, suit or proceeding) is asserted by such director,
officer or controlling person in connection with the securities being
registered, the Company will, unless in the opinion of its counsel the matter
has been settled by controlling precedent, submit to a court of appropriate
jurisdiction the question whether such indemnification by it is against public
policy as expressed in the Securities Act and will be governed by the final
adjudication of such issue.</font></p>









<DIV bclFooter>


<p align=right style="border:none;margin:0in;margin-bottom:.0001pt;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;text-align:right;text-indent:0in;"><font style="border:none;display:none;mso-hide:all;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font><font style="border:none;"><font style="mso-no-proof:yes;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;">6</font></font></font><font style="border:none;mso-no-proof:yes;"><font style="display:none;mso-hide:all;"><font color=windowtext face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:normal;"></font></font></font><font style="border:none;">&nbsp;</font></p>


</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_8"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>


<p style="border:none;margin:0in;margin-bottom:.0001pt;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;layout-grid-mode:line;line-height:13.5pt;">&nbsp;</font></font></p>


</DIV>
<p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">SIGNATURES</font></b></p>

<p style="margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">Pursuant to the
requirements of the Securities Act of 1933, the Company certifies that it has
reasonable grounds to believe that it meets all of the requirements for filing
on Form S-8 and has duly caused this registration statement to be signed on its
behalf by the undersigned, thereunto duly authorized, in the City of Zurich,
Switzerland on November 30, 2018.</font></p>

<p style="margin-bottom:24.0pt;margin-left:3.0in;margin-right:0in;margin-top:24.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">UBS GROUP AG</font></p>

<p style="margin-bottom:24.0pt;margin-left:3.0in;margin-right:0in;margin-top:24.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">By: </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">&#160; /s/ Ella Campi</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">____________________ <br>
&#160;&#160;&#160;&#160;&#160; Name: Ella Campi<br>
&#160;&#160;&#160;&#160;&#160; Title:&#160; Executive Director</font></p>

<p style="margin-bottom:24.0pt;margin-left:3.0in;margin-right:0in;margin-top:24.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">By: </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">&#160; /s/ Ueli Studer</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">_____________________ <br>
&#160;&#160;&#160;&#160;&#160; Name: Ueli Studer<br>
&#160;&#160;&#160;&#160;&#160; Title:&#160; Managing Director</font></p>

<p style="margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">Pursuant to the
requirements of the Securities Act of 1933, this registration statement has
been signed by the following persons in the capacities and on the dates
indicated.</font></p>

<p style="margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100%;">
 <tr>
  <td valign=top width=36% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><u><font face="Times New Roman,serif" lang=DE-CH style="font-size:10.0pt;">Signatures</font></u></p>
  </td>
 <td valign=top width=64% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><u><font face="Times New Roman,serif" lang=DE-CH style="font-size:10.0pt;">Title</font></u></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=DE-CH style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><u><font face="Times New Roman,serif" lang=DE-CH style="font-size:10.0pt;">__________*___________<br>
  </font></u><font face="Times New Roman,serif" lang=DE-CH style="font-size:10.0pt;">Sergio P. Ermotti</font></p>
  </td>
 <td valign=top width=64% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;">Group Chief Executive Officer
  (principal executive officer)</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=DE-CH style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><u><font face="Times New Roman,serif" lang=DE-CH style="font-size:10.0pt;">__________*___________<br>
  </font></u><font face="Times New Roman,serif" lang=DE-CH style="font-size:10.0pt;">Kirt Gardner</font></p>
  </td>
 <td valign=top width=64% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;">Group Chief Financial Officer
  (principal financial officer)</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=DE-CH style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><u><font face="Times New Roman,serif" lang=DE-CH style="font-size:10.0pt;">_________*___________<br>
  </font></u><font face="Times New Roman,serif" lang=DE-CH style="font-size:10.0pt;">Todd Tuckner</font></p>
  </td>
 <td valign=top width=64% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=DE-CH style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;">Group Chief Accounting
  Officer (principal accounting officer)</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="padding:0in 5.4pt 0in 5.4pt;">

  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><u><font face="Times New Roman,serif" lang=DE-CH style="font-size:10.0pt;">__________*___________<br>
  </font></u><font face="Times New Roman,serif" lang=DE-CH style="font-size:10.0pt;">Axel A. Weber</font></p>
  </td>
 <td valign=top width=64% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;">Chairman and Member of Board
  of Directors</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><u><font face="Times New Roman,serif" lang=DE-CH style="font-size:10.0pt;">__________*___________<br>
  </font></u><font face="Times New Roman,serif" lang=DE-CH style="font-size:10.0pt;">Michel Demar&#233;</font></p>
  </td>
 <td valign=top width=64% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;">Member of Board of Directors</font></p>
  </td>
 </tr>
</table></div>







<DIV bclFooter>


<p style="border:none;margin:0in;margin-bottom:.0001pt;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>


</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_9"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>


<p style="border:none;margin:0in;margin-bottom:.0001pt;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;layout-grid-mode:line;line-height:13.5pt;">&nbsp;</font></font></p>


</DIV>
<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<div align=left><table cellpadding=0 cellspacing=0 border=0 style="border-collapse:collapse;width:100%;">
 <tr>
  <td valign=top width=36% style="padding:0in 5.4pt 0in 5.4pt;">

  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><u><font face="Times New Roman,serif" lang=DE-CH style="font-size:10.0pt;">__________*___________<br>
  </font></u><font face="Times New Roman,serif" lang=DE-CH style="font-size:10.0pt;">David Sidwell</font></p>
  </td>
 <td valign=top width=64% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;">Member of Board of Directors</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><u><font face="Times New Roman,serif" lang=DE-CH style="font-size:10.0pt;">__________*___________<br>
  </font></u><font face="Times New Roman,serif" lang=DE-CH style="font-size:10.0pt;">Jeremy Anderson</font></p>
  </td>
 <td valign=top width=64% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;">Member of Board of Directors</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;text-decoration:none;">&nbsp;</font></p>
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><u><font face="Times New Roman,serif" lang=DE-CH style="font-size:10.0pt;">__________*___________<br>
  </font></u><font face="Times New Roman,serif" lang=DE-CH style="font-size:10.0pt;">Reto Francioni</font></p>
  </td>
 <td valign=top width=64% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;">Member of Board of Directors</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><u><font face="Times New Roman,serif" lang=DE-CH style="font-size:10.0pt;">__________*___________</font></u><font face="Times New Roman,serif" lang=DE-CH style="font-size:10.0pt;"><br>
  Ann. F. Godbehere</font></p>
  </td>
 <td valign=top width=64% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;">Member of Board of Directors</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><u><font face="Times New Roman,serif" lang=DE-CH style="font-size:10.0pt;">__________*___________<br>
  </font></u><font face="Times New Roman,serif" lang=DE-CH style="font-size:10.0pt;">Fred Hu</font></p>
  </td>
 <td valign=top width=64% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;">Member of Board of Directors</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><u><font face="Times New Roman,serif" lang=DE-CH style="font-size:10.0pt;">__________*___________</font></u><font face="Times New Roman,serif" lang=DE-CH style="font-size:10.0pt;"><br>
  Julie G. Richardson</font></p>
  </td>
 <td valign=top width=64% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;">Member of Board of Directors</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><u><font face="Times New Roman,serif" lang=DE-CH style="font-size:10.0pt;">__________*___________</font></u><font face="Times New Roman,serif" lang=DE-CH style="font-size:10.0pt;"><br>
  Isabelle Romy</font></p>
  </td>
 <td valign=top width=64% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;">Member of Board of Directors</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><u><font face="Times New Roman,serif" lang=DE-CH style="font-size:10.0pt;">__________*___________</font></u><font face="Times New Roman,serif" lang=DE-CH style="font-size:10.0pt;"><br>
  Robert W. Scully</font></p>
  </td>
 <td valign=top width=64% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;">Member of Board of Directors</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=DE-CH style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><u><font face="Times New Roman,serif" lang=DE-CH style="font-size:10.0pt;">__________*___________</font></u><font face="Times New Roman,serif" lang=DE-CH style="font-size:10.0pt;"><br>
  Beatrice Weder di Mauro</font></p>
  </td>
 <td valign=top width=64% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;">Member of Board of Directors</font></p>
  </td>
 </tr>
<tr>
  <td valign=top width=36% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=DE-CH style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><u><font face="Times New Roman,serif" lang=DE-CH style="font-size:10.0pt;">__________*___________</font></u><font face="Times New Roman,serif" lang=DE-CH style="font-size:10.0pt;"><br>
  Dieter Wemmer</font></p>
  </td>
 <td valign=top width=64% style="padding:0in 5.4pt 0in 5.4pt;">
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;">&nbsp;</font></p>
  <p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="font-size:10.0pt;">Member of Board of Directors</font></p>
  </td>
 </tr>
</table></div>



<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:12.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">By: </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; /s/ Ella
Campi</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160; <br>
Ella Campi, as attorney-in-fact</font></p>





<DIV bclFooter>


<p style="border:none;margin:0in;margin-bottom:.0001pt;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>


</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_10"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>


<p style="border:none;margin:0in;margin-bottom:.0001pt;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;layout-grid-mode:line;line-height:13.5pt;">&nbsp;</font></font></p>


</DIV>
<p style="margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:12.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">Pursuant to the
requirements of Section 6(a) of the Securities Act, as amended, the Authorized
Representative has duly caused this Registration Statement to be signed, solely
in his capacity as the duly authorized representative of UBS Group AG in the
United States, in the City of Stamford, State of Connecticut, on November 30,
2018.</font></p>

<p style="margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:216.05pt;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:char;">By: </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:char;">&#160; /s/ David Kelly</font></u><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:char;">____________________ <br>
&#160;&#160;&#160;&#160;&#160; Name: David Kelly</font></p>

<p style="margin-bottom:24.0pt;margin-left:216.05pt;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">&#160;&#160;&#160;&#160;&#160; </font><font face="Times New Roman,serif" lang=DE-CH style="font-size:10.0pt;">Title:
Managing Director</font></p>

<p style="margin-bottom:24.0pt;margin-left:3.0in;margin-right:0in;margin-top:24.0pt;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;"><br>
&#160; </font>&nbsp;</p>

<p align=right style="margin:0in;margin-bottom:.0001pt;text-align:right;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;layout-grid-mode:line;">&nbsp;</font></p>




<DIV bclFooter>


<p style="border:none;margin:0in;margin-bottom:.0001pt;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;tab-stops:11.3pt;text-align:justify;"><font style="border:none;"><font face="Frutiger 45 Light,sans-serif" lang=EN-US style="font-size:9.0pt;line-height:11.5pt;">&nbsp;</font></font></p>


</DIV>
</DIV><HR noshade align="center" width="100%" size=2></BODY></HTML>
[{"type": "S-8", "sequence": "1", "filename": "S8.UBS.VIP-DCO.2018.htm", "secsgml_size_bytes": 84051}]
{"company-data": {"conformed-name": "UBS Group AG", "cik": "0001610520", "assigned-sic": "6021", "irs-number": "000000000", "state-of-incorporation": "V8", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-228653", "film-number": "181213828"}, "business-address": {"street1": "BAHNHOFSTRASSE 45", "city": "ZURICH", "state": "V8", "zip": "CH-8001", "phone": "41-44-234-1111"}, "mail-address": {"street1": "BAHNHOFSTRASSE 45", "city": "ZURICH", "state": "V8", "zip": "CH-8001"}}
S82018InvestmentPlan
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER THE SECURITIES ACT OF 1933
UBS GROUP AG
(Exact name of registrant as specified in its charter)
Switzerland
[98-0186363]
(State or other jurisdiction of
incorporation or organization)
(I.R.S. Employer
Identification Number)
BAHNHOFSTRASSE 45, ZURICH, SWITZERLAND, AND
AESCHENVORSTADT 1, BASEL, SWITZERLAND
(Address, including ZIP Code, and telephone number,
including area code, of registrant's principal executive offices)
UBS VOLUNTARY INVESTMENT PLAN
(Full title of the plans)
David Kelly
600
Washington Boulevard
Stamford, CT
06901
(203)
719-3000
(Name, address, including ZIP Code, and telephone
number, including area code, of agent for service)
Indicate by check mark whether
the registrant is a large accelerated filer, an accelerated filer, a
non-accelerated filer, or a smaller reporting company.  See the definitions of
"large accelerated filer," "accelerated filer" and
"smaller reporting company" in Rule 12b-2 of the Exchange Act.
Large accelerated filer                   X
Accelerated filer
☐
Non-accelerated filer
☐
(Do not check if a smaller
reporting company.)
Smaller reporting company
☐
CALCULATION
OF REGISTRATION FEE
Title of securities to be registered
Amount to be registered
1
Proposed maximum offering price per share
2
Proposed maximum aggregate offering price
2
Amount of registration fee
3
Deferred Compensation Obligations
1
$100,000,000
100%
$100,000,000
$12,450
1 The deferred compensation obligations are unsecured
  obligations of UBS Group AG to pay deferred compensation in the future in
  accordance with the terms of the UBS Voluntary Investment Plan.   
  2 Estimated solely for the purpose of calculating the registration
  fee.    3 Calculated pursuant to rule 457(h) under the Securities Act of
  1933, as amended.
1
PART
I.    INFORMATION REQUIRED IN THE 10(a) PROSPECTUS
The documents containing the information specified in
"Item 1. Plan Information" and "Item 2. Registrant Information and Employee
Plan Annual Information" of Form S-8 will be sent or given to participants of
the UBS Voluntary Investment Plan (the "Plan"), as specified by Rule 428(b)(1)
under the Securities Act of 1933, as amended (the "Securities Act"). Such
documents are not required to be, and are not, filed with the Securities and
Exchange Commission (the "Commission") either as part of this Registration
Statement or as a prospectus or prospectus supplement pursuant to Rule 424
under the Securities Act. These documents and the documents incorporated by
reference in this Registration Statement pursuant to Item 3 of Part II of Form
S-8, taken together, constitute a prospectus that meets the requirements of
Section 10(a) of the Securities Act.
PART II.   INFORMATION REQUIRED IN THE REGISTRATION
STATEMENT
Item 3. 
Incorporation of documents by reference.
The following documents previously filed by UBS Group AG
(the "Company" or the "Registrant") with the Commission are incorporated by
reference in this Registration Statement:
1.   The Company's Annual Report on Form 20-F for the year
ended December 31, 2017, which the Company filed with the Commission on March 9,
2018; and
2.   The Company's Reports of Foreign Issuer on Form 6-K,
which the Company filed with the Commission on March 9, 2018 (only first three
reports filed on such date), March 26, 2018, April 3, 2018 (two reports), April
23, 2018 (only first report filed on such date), April 27, 2018 (two reports),
May 3, 2018, July 24, 2018 (only first report filed on such date), July 27,
2018 (only first report filed on such date), September 25, 2018, October 25,
2018 (only first and fifth reports filed on such date) and October 31, 2018
(only first report filed on such date).
In addition, all subsequent reports that the Company files on
Form 20-F under the Securities Exchange Act of 1934 and, to the extent
designated therein, certain reports on Form 6-K subsequently furnished by the
Company that should be deemed filed, in each case prior to the filing of a
post-effective amendment which indicates that all securities offered hereby
have been sold or which deregisters all securities then remaining unsold, shall
be deemed to be incorporated by reference in this Registration Statement and to
be a part hereof from the date of filing or furnishing such documents.
Any statement contained in a document incorporated or deemed
to be incorporated herein by reference shall be deemed to be modified or
superseded for purposes of this Registration Statement to the extent that a
statement contained herein or in any other subsequently filed document which
also is or is deemed to be incorporated herein by reference modifies or supersedes
such statement. Any such statement so modified or superseded will not be
deemed, except as so modified or superseded, to constitute a part of this
Registration Statement.
2
Item 4.  Description of
securities.
Under the Plan, the Company may provide eligible
employees of the Company and certain affiliates of the Company (each, a
"Participating Employer") the opportunity to defer a specified percentage or
dollar amount of their regular or incentive-based compensation under the Plan.
Deferred amounts will be credited to an account maintained on the books and
records of the Company in the name of the participant and may be notionally
invested in one or more notional investments. A description of the notional
investments will be included in the documents referred to in Part I of this
Registration Statement. A Participating Employer may also, in its sole
discretion, credit employer contributions to a participant's account under such
terms as it shall determine. The obligations of the Company to pay deferred amounts,
together with any notional earnings thereof, in accordance with the Plan are
referred to as "Deferred Compensation Obligations".
The participant's deferral election, made in accordance with
the terms of the Plan, will determine the amount of compensation elected to be
deferred. At the time of the deferral request, the participant will specify the
date on which the payment of the deferral amount will be made or commenced. Participants'
account balances will be adjusted from time to time to reflect any additional
deferrals made under the Plan, positive or negative returns based on the
notional investments chosen by the participants, from time to time, and any
applicable administrative charges. The plan does not guarantee a minimum rate
of return.
Deferred Compensation Obligations will be unsecured
obligations of the Company and will rank equally with other unsecured and
unsubordinated indebtedness of the Company and/or its subsidiaries from time to
time outstanding. The Company may, but is not obligated to, fund its Deferred
Compensation Obligations through one or more employee benefit trusts that may
be subject to claims of the Company's (and/or its subsidiaries) creditors.
Nothing in the Plan will be construed to give a participant or any other person
rights to any specific assets of the Company, its subsidiaries or its
affiliates.
Any rights that a participant or beneficiary may have under
the Plan are not assignable and non-transferable. Any attempt to assign or
transfer any such rights shall be null and void and of no force or effect.
Balances in the Deferred Compensation Obligation accounts are
payable at the end of the deferral period specified at the time of the grant of
the deferred compensation award or the deferral election, as applicable. Except
in the case of (i) death prior to a termination of employment, (or, at the
discretion of the Plan's administrative committee, following a termination of
employment) or disability (as defined in the Plan), (ii) to comply with a
domestic relations order (as defined in Section 414(p)(1)(B) of the Internal
Revenue Code), (iii) the cashout of certain de minimis amounts upon termination
of the Plan, (iv) a change in control (as defined in the Plan) of a
participant's employer and (v) certain distributions in the event of an
unforeseeable emergency (as defined in the Plan), the Deferred Compensation
Obligations are not subject to redemption, in whole or in part, prior to the
individual distribution dates specified at the time of election or grant.
However, the Company may amend or terminate the Plan at any time, with respect
to any or all participants, including in any manner that adversely affects
participants' rights. Upon termination, each participant's deferral account
will be distributed in accordance with the applicable deferral elections and
the terms of the Plan.
The Deferred Compensation Obligations are not convertible into
any other security of the Company. The Deferred Compensation Obligations will
not have the benefit of a negative pledge or any other affirmative or negative
covenant on the part of the Company. No trustee has been appointed having the
authority to take action with respect to the Deferred Compensation Obligations,
and each participant will be responsible for acting independently with respect
to, among other things, the giving of notices, responding to any requests for
consents, waivers or amendments pertaining to the Deferred Compensation
Obligations, enforcing covenants and taking action upon a default.
The Plan will be administered by an administrative committee,
composed of one or more persons appointed by the Company to administer the
Plan, which will have discretionary authority to make, amend, interpret and
enforce all appropriate rules and regulations for the administration of the Plan.
A participant's rights with respect to the Deferred
Compensation Obligations are generally not subject to assignment, sale or other
transfer during the participant's lifetime nor are they liable or subject in
any manner to attachment, garnishment or execution; except that the
Administrative Committee has the discretion to make payments to an alternate
payee in accordance with the terms of a domestic relations order.
3
Item
5.  Interests of named experts and counsel.
Not applicable.
Item
6.  Indemnification of directors and officers.
Under Swiss law, directors and senior officers acting in
violation of their statutory duties—whether dealing with bona fide third
parties or performing any other acts on behalf of the corporation—may become
liable to the corporation, its shareholders and (in bankruptcy) its creditors
for damages. The directors' liability is joint and several but only to the
extent the damage is attributable to each director based on willful or
negligent violation of duty. If the board of directors lawfully delegated the
power to carry out day-to-day management to a different corporate body, e.g.,
the executive board, the board of directors is not vicariously liable for the
acts of the members of the executive board. Instead the directors can be held
liable for their failure to properly select, instruct or supervise the
executive board members. If directors and officers enter into a transaction on
behalf of the corporation with bona fide third parties in violation of their
statutory duties, the transaction is nevertheless valid as long as it is not
excluded by the corporation's business purpose.
Under Swiss law, a corporation may indemnify a director or
officer of the corporation against losses and expenses (unless arising from his
gross negligence or willful misconduct), including attorney's fees, judgments,
fines and settlement amounts actually and reasonably incurred in a civil or
criminal action, suit or proceeding by reason of having been the representative
of or serving at the request of the corporation.
Because the Company is a Swiss company headquartered in
Switzerland, many of the directors and officers of the Company are residents of
Switzerland and not the U.S. As a result, U.S. investors may find it difficult
in a lawsuit based on the civil liability provisions of the U.S. federal
securities laws to:
–
effect service within the U.S. upon the Company and the directors and
officers of the Company located outside the U.S.,
–
enforce in U.S. courts or outside the U.S. judgments obtained against those
persons in U.S. courts,
–
enforce in U.S. courts, judgments obtained against those persons in
courts in jurisdictions outside the U.S., and
–
enforce against those persons in Switzerland, whether in original
actions or in actions for the enforcement of judgments of U.S. courts, civil
liabilities based solely upon the U.S. federal securities laws.
Neither the Registrant's articles of association nor Swiss
statutory law contain provisions regarding the indemnification of directors and
officers.
According to general principles of Swiss employment law, an
employer may, under certain circumstances, be required to indemnify an employee
against losses and expenses incurred by him in the execution of his duties
under the employment agreement, unless the losses and expenses arise from the
employee's gross negligence or willful misconduct.
It is the Company's policy to indemnify its current or former
directors and/or employees against certain losses and expenses in respect of
service as a director or employee of the Company, one of its affiliates or
another entity, which the Company has approved, subject to specific conditions
or exclusions. The Registrant maintains directors' and officers' insurance for
its directors and officers.
Item
7.  Exemption from registration claimed.
Not applicable.
4
Item
8.  Exhibits.
The following exhibits are filed
herewith or incorporated by reference in this Registration Statement.
Exhibit No.             Description of
Exhibit
4.1
UBS Voluntary Investment Plan
5.1
Opinion of Homburger AG as to the legality of securities
to be registered (filed herewith)
5.1
Opinion of Debevoise & Plimpton LLP as to the
legality of securities to be registered (New York law) (filed herewith)
23.1
Consent of Ernst & Young Ltd. (filed herewith)
23.2
Consent of Homburger AG (included in Exhibit 5.1)
23.3
Consent of Debevoise & Plimpton LLP (included in
Exhibit 5.1)
24.1
Powers of Attorney (filed herewith)
Item 9    Undertakings
The Company hereby undertakes:
1. To file, during any period in which offers or sales are
being made, a post-effective amendment to this registration statement:
(i) To include any prospectus required by Section 10(a)(3)
of the Securities Act of 1933 (the "Securities Act");
(ii) To reflect in the prospectus any facts or events
arising after the effective date of the registration statement (or the most
recent post-effective amendment thereof) which, individually or in the
aggregate, represent a fundamental change in the information set forth in the
registration statement. Notwithstanding the foregoing, any increase or decrease
in volume of securities offered (if the total dollar value of securities
offered would not exceed that which was registered) and any deviation from the
low or high end of the estimated maximum offering range may be reflected in the
form of prospectus filed with the Securities and Exchange Commission (the
"Commission") pursuant to Rule 424(b) if, in the aggregate, the changes in
volume and price represent no more than a 20% change in the maximum aggregate
offering price set forth in the "Calculation of Registration Fee" table in the
effective registration statement; and
(iii) To include any material information with respect to
the plan of distribution not previously disclosed in the registration statement
or any material change to such information in the registration statement;
provided, however,
that (A) paragraphs (1)(i) and (1)(ii) above do not
apply if the registration statement is on Form S-8 and the information required
to be included in a post-effective amendment by those paragraphs is contained
in reports filed with or furnished to the Commission by the Company pursuant to
Section 13 or Section 15(d) of the Securities Exchange Act of 1934 (the
"Exchange Act") that are incorporated by reference in the registration
statement;
2. That, for the purpose of determining any liability
under the Securities Act, each such post-effective amendment shall be deemed to
be a new registration statement relating to the securities offered therein, and
the offering of such securities at that time shall be deemed to be the initial
bona fide offering thereof;
3. To remove from registration by means of a
post-effective amendment any of the securities being registered which remain
unsold at the termination of the offering;
4. That, for purposes of determining any liability under
the Securities Act, each filing of the Company's annual report pursuant to
Section 13(a) or Section 15(d) of the Exchange Act that is incorporated by
reference in the registration statement shall be deemed to be a new
registration statement relating to the securities offered therein, and the
offering of such securities at that time shall be deemed to be the initial bona
fide offering thereof.
5
5. Insofar as indemnification for liabilities arising
under the Securities Act may be permitted to directors, officers and
controlling persons of the Company pursuant to the foregoing provisions, or
otherwise, the Company has been advised that in the opinion of the Commission
such indemnification is against public policy as expressed in the Act and is,
therefore, unenforceable. In the event that a claim for indemnification against
such liabilities (other than the payment by the Company of expenses incurred or
paid by a director, officer or controlling person of the Company in the
successful defense of any action, suit or proceeding) is asserted by such director,
officer or controlling person in connection with the securities being
registered, the Company will, unless in the opinion of its counsel the matter
has been settled by controlling precedent, submit to a court of appropriate
jurisdiction the question whether such indemnification by it is against public
policy as expressed in the Securities Act and will be governed by the final
adjudication of such issue.
6
SIGNATURES
Pursuant to the
requirements of the Securities Act of 1933, the Company certifies that it has
reasonable grounds to believe that it meets all of the requirements for filing
on Form S-8 and has duly caused this registration statement to be signed on its
behalf by the undersigned, thereunto duly authorized, in the City of Zurich,
Switzerland on November 30, 2018.
UBS GROUP AG
By:
/s/ Ella Campi
____________________
Name: Ella Campi
Title:  Executive Director
By:
/s/ Ueli Studer
_____________________
Name: Ueli Studer
Title:  Managing Director
Pursuant to the
requirements of the Securities Act of 1933, this registration statement has
been signed by the following persons in the capacities and on the dates
indicated.
Signatures
Title
__________*___________
Sergio P. Ermotti
Group Chief Executive Officer
  (principal executive officer)
__________*___________
Kirt Gardner
Group Chief Financial Officer
  (principal financial officer)
_________*___________
Todd Tuckner
Group Chief Accounting
  Officer (principal accounting officer)
__________*___________
Axel A. Weber
Chairman and Member of Board
  of Directors
__________*___________
Michel Demaré
Member of Board of Directors
__________*___________
David Sidwell
Member of Board of Directors
__________*___________
Jeremy Anderson
Member of Board of Directors
__________*___________
Reto Francioni
Member of Board of Directors
__________*___________
Ann. F. Godbehere
Member of Board of Directors
__________*___________
Fred Hu
Member of Board of Directors
__________*___________
Julie G. Richardson
Member of Board of Directors
__________*___________
Isabelle Romy
Member of Board of Directors
__________*___________
Robert W. Scully
Member of Board of Directors
__________*___________
Beatrice Weder di Mauro
Member of Board of Directors
__________*___________
Dieter Wemmer
Member of Board of Directors
By:
/s/ Ella
Campi
Ella Campi, as attorney-in-fact
Pursuant to the
requirements of Section 6(a) of the Securities Act, as amended, the Authorized
Representative has duly caused this Registration Statement to be signed, solely
in his capacity as the duly authorized representative of UBS Group AG in the
United States, in the City of Stamford, State of Connecticut, on November 30,
2018.
By:
/s/ David Kelly
____________________
Name: David Kelly
Title:
Managing Director