In the Rationale, the committee listed places where they intentionally diverged from existing practice. They considered “the most serious semantic change” to be requiring value-preserving (vs unsigned-preserving) integer promotion. They didn't mention ‘undefined behaviour' at all.
During the standards process, Dennis Ritchie described the ‘noalias’ proposal as “a license for the compiler to undertake aggressive optimizations that are completely legal by the committee's rules, but make hash of apparently safe programs”. That's exactly what ‘undefined behavior’ has turned into. If anyone had foreseen that at the time, the reaction would have been the same: “Noalias must go. This is non-negotiable.”