- UBS Group's CET1 capital increased by **USD 3.6bn** to **USD 72.7bn** in Q2 2025.  **[1610520_0001610520-25-000092_edgar2q25ubsgrouppil.htm:5]** **[1114446_0001610520-25-000092_edgar2q25ubsgrouppil.htm:5]**  The Group targets a CET1 capital ratio of around **14%** and expects to hold **around USD 42bn** in additional CET1 capital due to new regulations and the Credit Suisse acquisition.  **[1114446_0001610520-25-000092_edgar2q25ubsgrouppil.htm:4]** **[1610520_0001610520-25-000092_edgar2q25ubsgrouppil.htm:4]** 
- A new share repurchase program was launched on **July 1, 2025**, to buy back up to **USD 2bn** of shares in the second half of 2025, following the completion of a **USD 2bn** program in May 2025.  **[1114446_0001610520-25-000092_edgar2q25ubsgrouppil.htm:4]** **[1610520_0001610520-25-000092_edgar2q25ubsgrouppil.htm:4]** 
- UBS maintains its targets of achieving an underlying return on CET1 capital of **around 15%** and an underlying cost/income ratio of **less than 70% by the end of 2026**.  **[1114446_0001610520-25-000092_edgar2q25ubsgrouppil.htm:4]** **[1610520_0001610520-25-000092_edgar2q25ubsgrouppil.htm:4]**

UBS (AMUB)