This report has been generated out of the regular production cycles and can differ from the periodic reporting. Investment report 1 September to 30 September 2025 Mithilesh Nayankumar Fichadia Client number 6.42126.4 Reference date 30.09.2025 Creation date 01.10.2025 Reference currency USD Portfolio 6.42126.4 6000 Client Categorisation Private client Bank J. Safra Sarasin AG Bleicherweg 1 / Paradeplatz Postfach 2123 CH-8022 Zürich T: +41 (0)58 317 51 51 F: +41 (0)58 317 51 00 BIC SARACHBB www.jsafrasarasin.ch Your external client advisor UCAP Asset Management (Middle East) Limited This Investment report covers portfolio 6.42126.4 6000 only, other portfolios (if any) held under your client number are not part of this report. | Portfolio | Asset performance Performance overview USD Assets as of 01.09.2025273 349,60 - Net money outflow-6 075,00 + Net securities inflow+0,00 - Withholding tax-0,00 Adjusted assets267 274,60 + Interest income (gross)+5 654,20 + Dividend income (gross)+0,00 + Other income (gross)+0,00 - Interest expenses-0,00 - Price loss-3 877,84 Performance before fees1 776,36 - Periodical fees-577,87 -0,21% - Transaction fees-0,00 0,00% - Taxes and external fees-0,00 0,00% - External asset manager fee-0,00 0,00% Performance after fees1 198,49 Assets as of 30.09.2025268 473,09 Average invested capital271 729,61 Money-weighted return0,44% Time-weighted return0,44% Jan 25Feb 25Mar 25Apr 25May 25Jun 25Jul 25Aug 25Sep 25Oct 25Nov 25Dec 25 -25% -20% -15% -10% -5% 0% 5% 10% Return history Time-weighted return (YTD): -12,66% monthly cumulated Mithilesh Nayankumar Fichadia 6.42126.4 6.42126.4 6000 Reference currency: USD Reference date: 30.09.2025 Creation date: 01.10.2025 Definitions, abbreviations and additional explanations can be found in the glossary at the end of the documentBank J. Safra Sarasin AG2/13 Cash -230,31% ➥ Page 5 Bonds 141,77% ➥ Page 7 Equities 188,54% ➥ Page 9 | Portfolio | Breakdown of assets CHF -279,32% USD 379,32% CashBondsEquitiesOther assetsTotal USD%USD%USD%USD%USD% USD131 585,2549,01380 621,80141,77506 175,49188,54--1 018 382,54379,32 CHF-749 909,45-279,32-------749 909,45-279,32 Total-618 324,20-230,31380 621,80141,77506 175,49188,54--268 473,09100,00 Mithilesh Nayankumar Fichadia 6.42126.4 6.42126.4 6000 Reference currency: USD Reference date: 30.09.2025 Creation date: 01.10.2025 Bank J. Safra Sarasin AG3/13 | Portfolio | Return contribution Valuation per reference dateAverage invested capitalWeightReturnContribution USD USD%%% Cash-618 324,20-609 806,17-224,420,74-1,66 Bonds380 621,80379 566,26139,690,280,39 Equities506 175,49501 969,52184,730,931,71 Total268 473,09271 729,61100,000,44 Contribution by position 16.0008% BARC-TSLA -RCV- 31.03.26 16% NOMURA-AMD/MU -RCV- 31.03.26 10.5996% NOMURA-LRCX/AMAT -RCV- 31.03.26 13% NOMURA-CRWD/PANW -RCV- 31.03.26 BRGF Sicav-Corporate Bd (USD) -A6- Distr PIMCO Fds Gl.Inv.Srs-Income (USD) -E- Dist 12.2508% BARC-WYNN/LVS/MGM -RCV- 31.03.26 AB Fcp I-American Income Portf.(USD)-AT-Dist s/t Fixed Advance Fix (BOR) CHF, 1.2%, 30.04.2025-31.10.2025 Worst contributors Best contributors -2%-1%0%1% Mithilesh Nayankumar Fichadia 6.42126.4 6.42126.4 6000 Reference currency: USD Reference date: 30.09.2025 Creation date: 01.10.2025 Bank J. Safra Sarasin AG4/13 | 1. Cash | 1.1 Overview -230,31% Valuation per reference dateAverage invested capitalWeightReturnContribution USD USD%%% ACHF-749 909,45-745 975,62122,330,530,65 BUSD131 585,25136 169,45-22,33-0,420,09 Total-618 324,20-609 806,17100,000,74 Breakdown by currency A B ACHF121,28% BUSD-21,28% Cash weight year to date Jan 25Feb 25Mar 25Apr 25May 25Jun 25Jul 25Aug 25Sep 25Oct 25Nov 25Dec 25 -250 -200 -150 -100 -50 0 50 in % Cash➥ Page Mithilesh Nayankumar Fichadia 6.42126.4 6.42126.4 6000 Reference currency: USD Reference date: 30.09.2025 Creation date: 01.10.2025 Bank J. Safra Sarasin AG5/13 | 1. Cash | 1.2 Positions Description Account/IBAN CcyNominalPurchase price Ccy buying rate Price Ccy rate Valuation in USD Accrued interest YTM% MODD Proportion in % USD Current account USD 6.42126.4 4000 / CH31 0875 0064 2126 4400 0 USD131 585,25131 585,2549,01 Total USD 131 585,2549,01 EUR Current account EUR 6.42126.4 4002 / CH74 0875 0064 2126 4400 2 EUR0,000,000,00 Total EUR 0,000,00 CHF Current account CHF 6.42126.4 4001 / CH04 0875 0064 2126 4400 1 CHF0,000,000,00 s/t Fixed Advance Fix (BOR) CHF, 1.2%, 30.04.2025-31.10.2025 (3191316) CHF-593 637,90 0,82980,7957 -746 104,32 -3 805,13 -279,32 Total CHF -749 909,45-279,32 Total Cash -618 324,20-230,31 Thereof accrued interest -3 805,13 ➥ Seite Mithilesh Nayankumar Fichadia 6.42126.4 6.42126.4 6000 Reference currency: USD Reference date: 30.09.2025 Creation date: 01.10.2025 Bank J. Safra Sarasin AG6/13 | 2. Bonds | 2.1 Overview 141,77% Valuation per reference dateAverage invested capitalWeightReturnContribution USD USD%%% AUSD380 621,80379 566,26100,000,280,28 Total380 621,80379 566,26100,000,28 Breakdown by currency A AUSD100,00% Bonds➥ Page Mithilesh Nayankumar Fichadia 6.42126.4 6.42126.4 6000 Reference currency: USD Reference date: 30.09.2025 Creation date: 01.10.2025 Bank J. Safra Sarasin AG7/13 | 2. Bonds | 2.2 Positions Description ISIN/Sec. no. Nominal Ccy Purchase price Ccy buying rate Last purch. date Price Ccy rate Variation in %RedemptionRating Agency YTM% MODD YTC% Next call date Valuation in USD Accrued interest Proportion in % USD AB Fcp I Fcp- American Income Portfolio (USD) -AT- Distribution LU0157308031 / 1512295 18 411,022 USD 6,14 05.02.25 6,485,54-119 303,4244,44 BlackRock Global Funds Sicav- Corporate Bond (USD) -A6- Distribution LU0788109634 / 18751050 8 707,19 USD 9,17 06.02.25 9,978,72-86 810,6832,33 PIMCO Funds Global Investors Series Plc- Income (USD) -E- Distribution IE00B8K7V925 / 19762784 18 102,458 USD 9,06 05.02.25 9,646,40-174 507,7065,00 Total USD 380 621,80141,77 Total Bonds 380 621,80141,77 ➥ Seite Mithilesh Nayankumar Fichadia 6.42126.4 6.42126.4 6000 Reference currency: USD Reference date: 30.09.2025 Creation date: 01.10.2025 Bank J. Safra Sarasin AG8/13 | 3. Equities | 3.1 Overview 188,54% Valuation per reference dateAverage invested capitalWeightReturnContribution USD USD%%% AEquities North America506 175,49501 969,52100,000,930,93 Total506 175,49501 969,52100,000,93 Breakdown by region A AEquities North America100,00% Contribution by position 16.0008% BARC-TSLA -RCV- 31.03.26 16% NOMURA-AMD/MU -RCV- 31.03.26 10.5996% NOMURA-LRCX/AMAT -RCV- 31.03.26 13% NOMURA-CRWD/PANW -RCV- 31.03.26 12.2508% BARC-WYNN/LVS/MGM -RCV- 31.03.26 Best contributors -1%0%1% Equities➥ Page Mithilesh Nayankumar Fichadia 6.42126.4 6.42126.4 6000 Reference currency: USD Reference date: 30.09.2025 Creation date: 01.10.2025 Bank J. Safra Sarasin AG9/13 | 3. Equities | 3.2 Positions Description ISIN/Sec. no. QuantityPurchase price Ccy buying rate Last purch. date Price Ccy rate Variation in %Ccy Div.Yield % Valuation in USD Accrued interest Proportion in % Equities North America 10.5996% Nomura International Funding Pte Ltd LRCX/AMAT Reverse Conv. 31.03.2026 XS2956625144 / 143417128 100 000,00100,00 17.03.25 100,80 26.09.25 0,80USD100 800,0037,55 12.2508% Barclays Bank PLC WYNN/LVS/MGM Reverse Conv. 31.03.2026 XS2976617444 / 142980055 100 000,00100,00 19.03.25 101,01 26.09.25 1,01USD101 010,0037,62 13% Nomura International Funding Pte Ltd CRWD/PANW Reverse Conv. 31.03.2026 XS2956612241 / 143417264 100 000,00100,00 17.03.25 101,00 26.09.25 1,00USD101 000,00 1 011,08 38,00 16% Nomura International Funding Pte Ltd AMD/MU Reverse Conv. 31.03.2026 XS2956617984 / 143417105 100 000,00100,00 17.03.25 101,24 26.09.25 1,24USD101 240,00 1 244,41 38,17 16.0008% Barclays Bank PLC TSLA Reverse Conv. 31.03.2026 XS2976619572 / 142980060 100 000,00100,00 19.03.25 99,87-0,13USD99 870,0037,20 Total Equities North America 506 175,49188,54 Total Equities 506 175,49188,54 Thereof accrued interest 2 255,49 ➥ Seite Mithilesh Nayankumar Fichadia 6.42126.4 6.42126.4 6000 Reference currency: USD Reference date: 30.09.2025 Creation date: 01.10.2025 Bank J. Safra Sarasin AG10/13 | Glossary Accounts 6.42126.4 4000/USD 6.42126.4 4001/CHF 6.42126.4 4002/EUR Currency (Ccy) rates 1 USD = 0,79565 CHF Glossary Accrued interest Interest accrued up to reference date Contribution Contribution of single asset categories to the overall return. The calculation is comprised of the product of weight and return of the respective asset category. The sum of all contributions equals the money-weighted return. Contribution by position Presentation of the five positions with the best and worst contribution respectively MODD Duration modified to maturity (%) Money-weighted return The money-weighted return shows the performance of the portfolio relative to the average invested capital. The timing of flows (cash/securities) can strongly affect the return. Viewed from the clients perspective this would be the proper way of calculating the return. Next call date Next call date Other assets These include alternative and cross asset investments as well as real estate, commodities/metals and other assets. Performance The performance is calculated before withholding tax (gross) and after fees (net). Price gain/loss Realised and unrealised gains or losses Rating The rating reflects the issuer's credit standing. The rating shown is awarded by either Moody's (M) or Standard & Poor's (S&P). Reference currency Reference currency of this report might not be the currency of client ’s domicile. Total assets and returns may increase or decrease as a result of currency fluctuations. Return Money-weigthed returns of the respective asset category. It is to be noted that fees are attributed to the asset category 'Cash' and this may blur the return contribution. Return history All performance and return figures refer to mentioned period and rely to the past. Past performance is not a reliable indicator of future results. Time-weighted return The time-weighted return is a combination of the monthly returns. Each month is of equal significance to the evaluation of the overall return, irrespective of the amount of the invested capital. Viewed from a comparability perspective the time-weighted return would be the proper way of calculating the return. Variation in % Variation relative to the purchase price since inception of the position in percent YTC% Yield to Call (%) YTM% Yield to maturity (%) Mithilesh Nayankumar Fichadia 6.42126.4 6.42126.4 6000 Reference currency: USD Reference date: 30.09.2025 Creation date: 01.10.2025 Bank J. Safra Sarasin AG11/13 | Important information regarding inducements (See article 27 of the General Terms of Business of Bank J. Safra Sarasin Ltd) 27. Inducements and conflicts of interest The Client acknowledges and agrees that in the course of the Bank ’s business relationship with the Client, e.g. in connection with acquiring or distributing collective investment schemes, structured products or other financial instruments, the Bank may receive and retain financial compensation (e.g. distribution fees, trail commissions, acquisition commissions, rebates), or other discounts and benefits (e.g. free financial or sales material from product providers) (the “Inducements”) from third parties (including related entities of the Bank). The amount and periodicity of these Inducements may vary depending on the financial instrument or its provider and may change over time. The following overview shows the currently applicable ranges for such Inducements. a.The Bank may receive Inducements in connection with the distribution of collective investment schemes (the “Investment Funds”). Such Inducements are paid periodically (e.g. quarterly) throughout the entire holding period, based on the volume of shares/units of the Investment Fund held by the Bank in client safe custody accounts. Generally expressed as a percentage of assets invested by the Client in the respective Investment Fund, the amount of such Inducements is within the following ranges per year: • money market funds (0–1%); • bond funds (0–2%); • equity and investment strategy funds (0–2.5%); • real estate funds (0-3%); • hedge funds (0-3%); • crypto funds (0-3%); • funds for alternative investments (0-3%); and • other funds (0–3%). b.For the distribution of structured products, the Bank may receive Inducements in the form of a one-off discount on the issue price or in the form of a structuring fee. The amounts range between 0 and 5% of the amount invested by the Client in the respective structured product. c.Inducements may also be received in connection with the distribution of other investments (e.g. fiduciary deposits). The amount of these Inducements is usually based on the average volume held by the Bank and ranges between 0 and 2% per year of the assets invested by the Client in the respective product. The amount of Inducements that the Bank may receive can be calculated by multiplying the percentage of the respective financial instrument category (see let. a to c above) and the value of the Client ’s invested assets in that category. – Example: A Client subscribes to a money market fund for an investment amount of CHF 100 ’000. The recurring Inducements could amount to a maximum of 1% per year (see let. a above). For an investment of CHF 100’000 in this asset class, the Bank may therefore receive recurring Inducements of a maximum of 1% per year, i.e. a maximum of CHF 1 ’000 per year. In case of asset management, the maximum amount of Inducements that the Bank may receive can be expressed in relation to the assets in the respective safe custody account. Depending on the agreed investment strategy, these Inducements would range between 0 and 0.5% per year of the assets in the respective safe custody account. – Example: A Client has an asset management mandate totaling CHF 100’000. The maximum amount of recurring Inducements is 0.5% per year of the managed assets, i.e. a maximum of CHF 500 per year. In case of investment advice, i.e. whenever the Bank recommends investments to a Client, the amount of the expected Inducements per Client in relation to the assets in the respective safe custody account can only be quantified in advance if the Client follows all of the Bank ’s investment recommendations. In this case, the Inducements range between 0 and 2% per year of the assets in the respective safe custody account. – Example: A Client has an investment advisory mandate and the investment portfolio amounts to CHF 100 ’000. The maximum amount of recurring Inducements is 2% per year of the investment portfolio, i.e. a maximum of CHF 2’000 per year. To the extent that the Bank receives Inducements which the Bank would be required to pass on to the Client pursuant to article 400 of the Swiss Code of Obligations, article 26 of the Swiss Financial Services Act or any other applicable provisions, the Client expressly waives his right to receive future and past Inducements and agrees that the Bank may receive and retain such Inducements as an additional remuneration. Upon written request, the Bank will provide further information and disclose the amount of Inducements actually relating to the Client. The Bank may grant Inducements to third parties for the provision of certain services (particularly for referring or servicing Clients). The Client acknowledges and agrees that the disclosure of such Inducements to the Client is the sole responsibility of the third party and not the Bank. The receipt and granting of Inducements, including those which by their nature cannot be passed on to the Client (e.g. free financial research), may lead to an incentive on the part of the Bank (or, in the case of the granting of Inducements, on the respective third party) to consider certain financial instruments for which Inducements are paid (as opposed to financial instruments for which no Inducements are paid) or to prefer financial instruments for which higher inducements are paid. The Bank will notify the Client in writing or in another appropriate manner regarding its framework for managing conflicts of interest. Furthermore, the Bank implements adequate measures to prevent such conflicts from arising and ensures that the Client ’s interests remain safeguarded. Mithilesh Nayankumar Fichadia 6.42126.4 6.42126.4 6000 Reference currency: USD Reference date: 30.09.2025 Creation date: 01.10.2025 Bank J. Safra Sarasin AG12/13 | General information The valuations of holdings in this investment report are based on standard information sources. Some valuations are based on approximate prices and values. These are not tax valuations and do not take into account the tax legislation in the country where the client is domiciled. The valuations are not binding for the Bank. Unsettled transactions and pledged assets (if any) are not specially marked. Rating information comes from independent agencies and does not necessarily represent the Bank's opinion. Ratings indicate the credit quality of an issuer and do not constitute a recommendation to buy, hold or sell a financial instrument. Flat fees charged for portfolio management mandates include the fees and costs typically incurred in connection with such services. More detailed information on the fees and costs is available upon request. Please note that a surcharge of 15% may apply on the custody fee for foreign securities. Your personal relationship manager is at your disposal to answer any questions. The client is requested to check this investment report. If the Bank does not receive from the client a complaint in writing within 20 working days from the dispatch date, this investment report shall be deemed to have been accepted by the client. Attention is also drawn to the Bank's General Terms of Contract (consisting of the General Terms of Business, Terms and Conditions for Payment and Securities Transactions and Safe Custody and Metal Account Regulations). An annual report disclosing the total service and financial instrument costs effectively incurred during the previous year can be requested via the client relationship manager. This investment report is not signed. Mithilesh Nayankumar Fichadia 6.42126.4 6.42126.4 6000 Reference currency: USD Reference date: 30.09.2025 Creation date: 01.10.2025 Bank J. Safra Sarasin AG13/13