Research Disclosures & Disclaimers

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published UBS Global Research products, including those related to
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products.

Postal Savings Bank of China (601658.SS)*

UBS Rating and Price Target History Chart

Line chart explaining Price target vs Stock Price is described in below table

EQ Rating & Price Target Table

Date	Stock Price (Rmb)	Price Target (Rmb)	Rating
2022-03-30	5.40	-	No Rating
2023-06-16	5.12	5.29	Neutral
2023-11-10	4.57	4.50	Neutral
2023-12-22	4.29	4.20	Neutral
2024-05-22	5.09	-	No Rating
2024-07-11	4.83	5.00	Neutral

Disclosures

Market capitalisation is calculated by multiplying the current share price by the sum of A and H shares.

Note : Historical Price Targets have been adjusted to account for any stock splits, rights issues and/or dividends which may have occurred for this security. Not Priced: Stock was not priced on the given date. No Rating: Issuer was not rated by UBS on the given day. No Price Target: For this issuer no Price Target was set by UBS on the given day. Issuers with an EQ Rating & Price Target Table are covered by UBS-IB Equity Research Analysts. Issuers without an EQ Rating & Price Target Table are not single stock covered.

* Issuers marked with an asterisk are covered by UBS-IB Equity Research Analysts. Issuers without an asterisk are not single stock covered.