# Unaudited Information
## Application of the requirements and remuneration disclosure
In accordance with the Article 151 of the UCITS Law and Article 20 of the AIFM Law, the Management Company/the AIFM is required to disclose at least annually certain information concerning its remuneration policy and the practices for its Identified Staff.
The Management Company/the AIFM complies with the UCITS Directive/AIFMD principles in a way and to the extent that is appropriate to its size, internal organization and the nature, scope and complexity of its activities.
Considering the total size of funds under management, both UCITS and AIFs although a significant portion is not complex or risky investment, the Management Company/the AIFM judges that the proportionality principle may not be applicable at the level of the company but at the level of the Identified Staff.
By application of the proportionality principle for the Identified Staff, the following requirements on pay-out pro- cesses for Identified Staff are not applied:
- The payment of variable remuneration in instruments related mainly to the funds in relation to which they perform their activities;
- Deferral requirements;
- Retention periods;
- Incorporation of ex-post risk factors (i.e. malus or clawback arrangements).

The deferral requirements remain however applicable when the employee’s total annual compensation is exceeding the threshold defined under the UBS Group Compensation Framework; the variable compensation will be treated in line with the plan rules defined under the UBS Group Compensation Framework.

## Remuneration of Management Company/AIFM staff
The aggregate amounts (pre-audited) of total remuneration, split into fixed and variable, paid by the Management Company/the AIFM to its staff and its Identified Staff during the financial year ended as at 31 December 2020 are as follows:
| EUR 1 000 | Fixed remuneration | Variable remuneration | Total remuneration | No of beneficiaries |
| --- | --- | --- | --- | --- |
| All staff | 7 975 | 919 | 8 894 | 79 |
| - whereof Identified Staff | 3 393 | 498 | 3 891 | 22 |
| - thereof Senior Management* | 1 337 | 285 | 1 622 | 7 |
| - thereof Other Identified Staff | 2 056 | 213 | 2 269 | 15 |

* Senior Management includes the CEO, the Conducting Officers, the Head of Compliance and the Independent Director.

## Remuneration of delegates staff
As market or regulatory practice develops UBS AM may consider it appropriate to make changes to the way in which quantitative remuneration disclosures are calculated. Where such changes are made, this may result in disclosures in relation to a fund not being comparable to the disclosures made in the prior year, or in relation to other UBS fund disclosures in that same year.
For the year ending 31 December 2020, the aggregate total remuneration paid by all the Investment Managers to their Identified Staff in relation to the Fund amounted to EUR 224 970 of which EUR 51 775 represented the variable remuneration (3 beneficiaries).
UBS (Lux) Strategy SICAV
Annual report and audited financial statements as of 31 May 2021

Translation (ENDE, 2021-05-31):
# Ungeprüfle Informationen
- 
## Gesamtengagement

Risikomanagement
Das Risikomanagement gemäss Verpflichtungsansatz und Value-at-Risk-Ansatz erfolgt entsprechend den geltenden Gesetzen und aufsichtsbehördlichen Bestimmungen.
Hebelwirkung
Die Hebelwirkung wird gemäss den geltenden ESMA-Richtlinien als Gesamtbetrag der Nominalwerte der Derivative definiert, die vom jeweiligen Subfonds verwendet werden. Gemäss dieser Definition kann die Hebelwirkung zu einer künstlich erhöhten Fremdkapitalquote führen, da bestimmte Derivate, die zu Absicherungszwecken eingesetzt wer- den können, unter Umständen in die Berechnung einfliessen. Daher spiegeln diese Informationen nicht notwendiger- weise das genaue tatsächliche Risiko der Hebelwirkung wider, dem der Anleger ausgesetzt ist.
Subfonds		Berechnungs-	Verwendetes		Min		Max		Avg Durchschnitt-			Bezugs- methode für das		Modell	VaR (%)	VaR (%)	VaR (%)	licher Hebel		portfolio globale Risiko			Auslastung Auslastung Auslastung 31.5.2021 (%)	(Benchmark)
– Dynamic Income (USD)	Relativer VaR Ansatz Historischer VaR	46.23%	55.21%	50.91%	28.12%	Das Referenzportfolio
reflektiert die Eigenschaften eines breit gefächerten Portfolios bestehend aus weltweiten Aktien
und festverzinslichen
Wertpapieren.
- Fixed Income (EUR)	Commitment-Ansatz
- Fixed Income (USD)	Commitment-Ansatz
- Income (CHF)	Commitment-Ansatz
- Income (EUR)	Commitment-Ansatz
- Income (USD)	Commitment-Ansatz
- Systematic AllocationPortfolio Defensive (USD)	Relativer VaR Ansatz Historischer VaR	29.87%	66.13%	55.25%	31.18%	Das Referenzportfolioreflektiert die Eigenschaften eines breit gefächerten Portfolios bestehend aus weltweitenAktien und Anleihen in variablem Verhältnis, wobei der Anteil an Anleihen üblicherweiseüberwiegt.
- Systematic AllocationPortfolio Dynamic (USD)	Relativer VaR Ansatz Historischer VaR	16.57%	52.83%	43.37%	54.44%	Das Referenzportfolioreflektiert die Eigenschaften eines breit gefächerten Portfolios bestehend aus weltweiten Aktien und Anleihenin variablem Verhältnis, wobei der Anteil an Aktien üblicherweise höher ist alsbeim Subfonds Systematic Allocation Portfolio Medium (USD).

UBS (Lux) Strategy SICAV Jahresbericht und geprüfter Jahresabschluss per 31. Mai 2021