Dear client,
Recent developments in the conflict between the United States and Iran have intensified geopolitical noise and added new layers of uncertainty to the global landscape, with direct effects on energy markets, commodity prices, and financial market dynamics.
In this context, UBS Global Wealth Management invites you to an exclusive videoconference with Dr. Mark Esper, former U.S. Secretary of Defense during the first Trump administration, moderated by Alejo Czerwonko, CIO for Emerging Markets at UBS Global Wealth Management, and Luciano Telo, CIO for Brazil at UBS Global Wealth Management.
The discussion will explore geopolitical and economic scenarios related to the U.S.–Iran escalation and their potential implications for Latin America, assessing how the region may be affected by shifts in the global environment, commodity prices, international financial conditions, and growth prospects.
Best regards,
UBS Global Wealth Management
-------
This communication is issued by UBS Group AG and/or its subsidiaries and/or its affiliates (“UBS”, “UBS Group”, “We”) and is intended for the recipient only and is not for further distribution without the consent of UBS.
In the context of “Videoconference: U.S.–Iran Conflict: CIO Conversation with former U.S. Secretary of Defense, Dr. Mark Esper” we collect and process the following personal information: full name, e-mail address and internal identifiers ("Personal Data"). We collect and process your Personal Data for the following purposes: relationship management and marketing purposes, event analytics, compliance and risk management (the "Purpose").
Your Personal Data may be shared with and processed by UBS Group companies, third parties or service providers globally to carry out the Purposes. If Data is transferred abroad, it may no longer be protected by your local laws (e.g., banking secrecy, financial privacy, other client confidentiality provisions and data protection laws may not necessarily provide an equivalent or comparable level of protection, when compared to the rights provided under laws that apply to your relationship with UBS) and may fall under foreign regulations that allow the Data to be passed to relevant local authorities or other third parties.
We will retain your Personal Data for as long as required to fulfil the Purpose.
For more information about how UBS processes your data including how we protect your data, your rights in respect of your data and contact details of the Data Protection Officer, please refer to our privacy notice. If you are in a country that does not have a dedicated privacy notice on the pages linked above, by accepting the terms set out in this disclaimer, you consent to the processing of your Personal Data as set out above.
Neither UBS nor any of its directors, officers, employees or agents accepts any liability for any loss or damage arising out of the use of all or any part of this communication, attendance at the videoconference to which this communication relates or reliance upon any information contained or referred to herein or therein.
If you do not wish to receive e-mail invitations from UBS, please refer to the email address provided below in the additional information specific to your country or the UBS entity servicing you or contact your UBS representative.
Please note that the views presented by third party speakers are their own views and may not necessarily be the same as those of UBS AG and its affiliates. UBS does not attest to the accuracy and completeness of any information or associated materials provided by them. UBS makes no recommendation in relation to them or their services.
UBS is not responsible for any technical defects in the provision of the infrastructure supporting the event, including events with content provided by / participation through call or video feed. UBS assumes no responsibility for any loss or damage resulting from the use of such infrastructure. UBS is not responsible for any information you may make available via any Q&A, howsoever provided by you, and assumes no responsibility for any loss or damage resulting therefrom.
You understand that there may be third parties (e.g. representatives or clients of UBS Group companies, other invited guests, guest speakers, service providers) who would be participating in the videoconference. By participating (e.g. by asking questions or identifying yourself), your identity may be made known to a party other than UBS and you expressly waive your right to confidentiality.
UBS will record the videoconference, including discussions involving participants, and make this available to participants following the videoconference to maximize the benefit of the event for the participants. Where required by applicable law, you consent to the recording by participating in the event.
This communication and the content of the related videoconference are solely for information purposes and have not been tailored to the specific needs, investment objectives, or personal and financial circumstances of any recipient. It does not constitute investment research, a sales prospectus, an advice, a personal recommendation, an offer to sell or a solicitation of an offer to buy any security, investment instrument, product, or other specific service. Certain services and products are subject to legal provisions and cannot therefore be offered worldwide on an unrestricted basis.
© UBS 2026. The key symbol and UBS are among the registered and unregistered trademarks of UBS. All rights reserved.
-------
This communication is issued by UBS Financial Services Inc. and is addressed solely to the recipient and should not be shared with any third party without UBS's consent.
Notice:
(a) Emails may involve SUBSTANTIAL RISKS, e.g. lack of confidentiality, possible manipulation of content and/or sender's address, incorrect recipient (incorrect address), viruses, etc. UBS assumes no responsibility for any loss or damage resulting from the use of emails. UBS recommends, in particular, that you DO NOT SEND ANY SENSITIVE INFORMATION, that you do not include details of the previous message in any reply and that you enter the email address(es) manually each time you write an email.
(b) As a matter of principle, UBS does NOT accept ORDERS, order revocations or authorizations, credit card blocking, etc., sent by email. However, if such an email is received, UBS is not obliged to take action or respond to the email. Notify UBS immediately if you have received this email in error or if you do not wish to receive any further email correspondence. If you have received this email in error, please delete it completely (and any attachments) and do not forward it or inform anyone else of its contents.
This communication is issued by UBS Financial Services Inc. and is intended solely for the recipient and is not for further distribution without UBS's consent. The information and/or materials contained in this email are not intended for residents of any particular jurisdiction and are prepared by UBS AG or its affiliates ("UBS") for informational and educational purposes only.
The information and/or materials contained in this email, as well as any product or service mentioned herein, may not be available to residents of certain jurisdictions. Nothing contained herein is intended for, or should be construed or treated as an offer of, any product, security and/or service, investment advice, recommendation or solicitation of any product, security and/or service.
This content and/or these materials have been prepared without considering the objectives, financial situation or needs of any person and therefore cannot be considered in deciding on an investment or any other decision. Nothing in this email constitutes legal or tax advice, and the recipient of such information and/or materials acknowledges that UBS and its employees do not provide legal or tax advice.
Please note that the views presented by third-party speakers are their own and may not necessarily be the same as those of UBS and its affiliates. UBS does not vouch for the accuracy and completeness of any information or associated material provided by them. UBS does not make any recommendations in relation to
them or their services.
UBS takes your privacy seriously. For general information about how UBS uses and discloses personal data, how long we keep it, how we keep it secure, and your data protection rights, please see our Privacy Statement. For EU residents, please also refer to your country of residence's Privacy Notice (found under Additional Legal Information) for specific data protection-related information and disclosures relevant to your country.
Apply the necessary security measures and take all reasonable steps in accordance with good industry practices to defend against fraud or cyberattacks, including but not limited to continuously updating your computer systems and security software (e.g., installing recommended security patches, observing customary technical security measures, in particular, the installation of firewalls and up-to-date antivirus programs).
The use of e-mail can involve substantial risks—for example, information can be intercepted, corrupted, lost, destroyed, late, or incomplete. The emails may also contain destructive or deceptive files, viruses, links, or other items that may harm or interfere with your computer or device. Emails may also be sent by people who attempt to trick, deceive, or deceive others into sharing information, particularly personal or financial information, under false pretenses. By allowing UBS to contact you by email, you understand that communications sent by email are not secure or error-free and you accept the risks that come with communicating with UBS by email. You also accept and agree that UBS is not liable for any loss or damage that results from your use of e-mails or for any losses you may suffer as a result of communicating with UBS by e-mail.
Neither UBS nor any of its directors, officers, employees or agents accept any liability for any loss or damage arising out of the use of all or part of this material or reliance on any information contained herein.
Important information in the event this document is distributed to US Persons or into the United States
Wealth Management Services in the United States are provided by UBS Financial Services Inc., which is registered with the U.S. Securities and Exchange Commission as a broker-dealer and investment advisor, and offering securities, trading, brokerage and related products and services. As a firm providing wealth management services to clients, UBS Financial Services Inc. offers investment advisory services in its capacity as an SEC-registered investment adviser and brokerage services in its capacity as an SEC- registered broker-dealer. Investment advisory services and brokerage services are separate and distinct, differ in material ways and are governed by different laws and separate arrangements. It is important that you understand the ways in which we conduct business, and that you carefully read the agreements and disclosures that we provide to you about the products or services we offer. For more information, please review client relationship summary provided at ubs.com/relationshipsummary. UBS Financial Services Inc. is a subsidiary of UBS Group AG. Member FINRA/SIPC.
Submission ID: 5276400
Expiration Date: Mar 5, 2027
© UBS 2026. The key logo and UBS are among the registered and unregistered trademarks of UBS. All rights reserved. UBS Financial Services Inc. is a subsidiary of UBS Group AG. Member of FINRA/SIPC.