Basel, 17 March 2025
Consent of Independent Registered
Public Accounting Firm
We consent to the incorporation by reference in each
of the following registration statements of
UBS Group
AG:
(1)
on Form S-8 (Registration Numbers 333-200634;
333-200635; 333-200641; 333-200665;
333-
215254; 333-215255; 333-228653; 333-230312;
333-249143; and 333-272975), and each
related
prospectus currently outstanding under any
of the aforementioned registration statements,
of our reports dated 14 March 2025, with
respect to the consolidated financial
statements of UBS Group AG
and the effectiveness of internal control over financial
reporting of UBS Group AG, included in this
Annual
Report (Form 20-F) for the year ended 31
December 2024, filed with the Securities and
Exchange
Commission.
/s/ Ernst & Young Ltd