United Overseas Bank Limited announced that elected to redeem all, but not some only, of the Notes on 15 April 2024 pursuant to Condition 5(d)(ii) of the terms and conditions of the Notes at their nominal amount together with interest accrued and unpaid (if any) to (but excluding) 15 April 2024. The details of the redemption in respect of the Notes are as follows: ISIN Code: Regulation S Notes: US91127LAC46 Rule 144A Notes: US91127KAC62 Common Code: Regulation S Notes: 198178063 Rule 144A Notes: 198178080 CUSIP: Regulation S Notes: 91127LAC4 Rule 144A Notes: 91127KAC6 Redemption Date: 15 April 2024, being the First Call Date. Redemption Price: At par, together with interest accrued and unpaid (if any) to (but excluding) 15 April 2024.

Manner of Redemption: On or about the Redemption Date, the Global Certificates shall be presented and surrendered by The Depository Trust Company to the U.S. Paying Agent at 240 Greenwich Street, New York, NY 10286, United States of America. Method of Payment: On the Redemption Date, the Redemption Price shall be paid to The Depository Trust Company.