Every 424B that ETRACS Alerian MLP Index ETN Series B due July 18, 2042 (AMUB) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow AMUB and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AMUB filings page.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of NVIDIA Corporation that mature on March 5, 2029. The notes pay a contingent coupon only when the underlying closing level on an observation date meets or exceeds a coupon barrier and can be automatically called quarterly beginning about six months after trade.
If automatically called, holders receive principal plus any contingent coupon due on the related call settlement date and no further payments are owed. If not called, principal repayment at maturity is contingent: full principal is paid only if the final level is at or above the downside threshold; if below, repayment equals $10 multiplied by (1 + underlying return), which can result in substantial loss, including loss of all principal. Minimum investment is 100 notes at $10 per note; the estimated initial value on the trade date is $9.73.
UBS AG is offering Airbag Autocallable Yield Notes linked to NVIDIA Corporation common stock due on or about September 3, 2026. The Notes pay a coupon on each coupon payment date unless they are automatically called. UBS will automatically call the Notes early if the closing level of the underlying asset on any monthly observation date (beginning after three months) is equal to or greater than the initial level; if called, investors receive principal plus the coupon and no further payments.
If not called, at maturity UBS will repay principal only if the final level is equal to or greater than the downside threshold; if the final level is below that threshold, investors suffer leveraged downside exposure: you lose approximately 1.2821% of principal for each 1% decline in the underlying beyond the threshold, and could lose all principal. Trade date is February 27, 2026, settlement March 3, 2026, final valuation date September 1, 2026. Minimum investment is 100 Notes at $10 per Note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to NVIDIA Corporation stock due on or about March 5, 2029. The Notes pay periodic contingent coupons only if the underlying closing level meets a coupon barrier on observation dates and are automatically called if the underlying equals or exceeds the initial level on any quarterly observation (beginning after ~6 months). If not called, repayment at maturity is contingent: full principal is paid if the final level is at or above a downside threshold; otherwise principal is reduced pro rata to the underlying return, potentially to zero. Trade date is February 27, 2026 with settlement expected March 3, 2026. Example terms show a $10 principal per Note, a hypothetical contingent coupon rate of 12.14% per annum (contingent coupon ~$0.3035), a coupon barrier at $60.00 (60% of initial level) and a downside threshold at $50.00 (50% of initial level). Minimum investment is 100 Notes ($1,000). Payments are subject to UBS credit risk and the final pricing supplement will set definitive terms.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the iShares® Expanded Tech-Software Sector ETF maturing on March 3, 2027. Each Note has a principal amount of $10 and pays contingent coupons only if the underlying closes at or above a coupon barrier on observation dates; otherwise no coupon is paid. The Notes are subject to automatic early call if the underlying equals or exceeds the initial level on an observation date, in which case UBS pays principal plus any contingent coupon on the call settlement date. If not called, repayment at maturity is contingent: if the final level is at or above the downside threshold ($73.00, 73.00% of the initial level), UBS pays the principal; if below that threshold, repayment is reduced in proportion to the underlying return and investors may lose a substantial portion or all of their investment. The estimated initial value per Note on the trade date is $9.71, and the illustrative contingent coupon rate shown is 12.16% per annum ($0.608 per $10 Note per observation). Any payments depend on UBS's creditworthiness.
UBS AG is offering $1,100,000 of Trigger Autocallable Contingent Yield Notes linked to CrowdStrike Holdings, Inc., due March 5, 2029. The Notes pay periodic contingent coupons only if the closing level of the underlying stock on an observation date is at or above the coupon barrier; otherwise no coupon is paid. The Notes are automatically called early if the underlying stock closes at or above the initial level on any observation date prior to the final valuation date, in which case holders receive principal plus any contingent coupon paid on the call settlement date. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold (set at $60.00, equal to 60.00% of the initial level in the examples). If the final level is below the downside threshold, holders suffer a loss equal to the underlying return and could lose all principal. Example terms show a 18.37% per annum contingent coupon (contingent coupon = $0.4593 per $10 Note) and an estimated initial value of $9.75 per Note. All payments, including principal, are subject to the creditworthiness of UBS.
UBS AG offers Airbag Autocallable Yield Notes linked to Amazon.com, Inc. common stock due September 3, 2026. The Notes pay a coupon monthly unless automatically called; automatic calls occur monthly beginning after three months if the underlying closes at or above the initial level. At maturity, if not called, principal is repaid only if the final level is at or above a disclosed downside threshold; otherwise repayment is reduced and investors suffer leveraged downside exposure of 1.1494% loss of principal for each 1% underlying decline beyond the threshold. Example terms shown: $10 principal per Note, estimated initial value $9.87, illustrative coupon rate 12.19% per annum and minimum purchase of 100 Notes. All payments depend on the creditworthiness of UBS.
UBS AG offers a preliminary pricing supplement for Trigger Autocallable Contingent Yield Notes linked to the iShares Expanded Tech-Software Sector ETF due on or about March 3, 2027. The trade date is February 27, 2026 with settlement expected March 3, 2026.
The Notes have a $10 principal amount per Note and a minimum investment of 100 Notes ($1,000). UBS provides an estimated initial value range of $9.44 to $9.69 per Note. Example terms show a 10.48% per annum contingent coupon (example coupon $0.524), a Coupon Barrier of $75.00 (75.00% of the initial level) and a Downside Threshold of $73.00 (73.00% of the initial level).
Payments: contingent coupons are paid only if observation-date closes meet the coupon barrier; early automatic call occurs if an observation-date close is at or above the initial level. If not called and final level is below the Downside Threshold, principal repayment can be reduced (example shows a possible maturity payment of $3.00 per Note and a sample loss of 64.76%). All payments are subject to UBS credit risk.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to CrowdStrike Holdings, Inc. common stock due on or about March 5, 2029. The notes pay periodic contingent coupons only if the underlying closing level meets a coupon barrier on observation dates, and they automatically call if the underlying equals or exceeds the initial level on an observation date.
If not called, principal is repaid at maturity only if the final level is at or above a disclosed downside threshold; if the final level is below that threshold you may suffer a loss equal to the decline in the underlying, potentially losing your entire principal. All payments are subject to UBS credit risk.
UBS AG is offering Airbag Autocallable Yield Notes linked to the common stock of Amazon.com, Inc. with a trade date of February 27, 2026, expected settlement on March 3, 2026, a final valuation date of September 1, 2026 and maturity on September 3, 2026.
The Notes pay a periodic coupon (example coupon rate shown: 9.26% per annum) unless the notes are automatically called monthly if the underlying closing level is at or above the initial level. Principal is repaid at maturity only if the final level is at or above the downside threshold; otherwise repayment is reduced and investors lose 1.1494% of principal for each 1% decline beyond the threshold, potentially resulting in total loss. The estimated initial value range is $9.55 to $9.80 per $10 Note as of the trade date.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Marvell Technology, Inc., maturing on March 5, 2029. The notes pay a contingent coupon only when the underlying closing level on an observation date equals or exceeds a coupon barrier. The notes will be automatically called early if the underlying closing level on any monthly observation date (beginning after three months) is at or above the initial level; in that case the investor receives principal plus any contingent coupon on the related call settlement date and the issue terminates. If not called, principal repayment at maturity is contingent: full principal is paid at maturity only if the final level is at or above the downside threshold; otherwise the cash payment equals $10 × (1 + underlying return), exposing investors to a percentage loss equal to the underlying return and possible loss of all principal in an extreme decline. Key terms: trade date February 27, 2026, settlement March 3, 2026, final valuation date March 1, 2029, maturity March 5, 2029. Minimum investment is 100 Notes ($1,000); the document shows an estimated initial value of $9.66 per Note and a hypothetical contingent coupon rate of 14.12% per annum in the examples. All payments are subject to UBS credit risk.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Amazon.com, Inc. The offering referenced a total issuance figure of $650,000. The Notes have a $10 principal amount per Note and a minimum purchase of 100 Notes.
The trade date is February 27, 2026 with expected settlement on March 3, 2026. The final valuation date is March 1, 2027 and maturity is March 3, 2027. The Notes pay periodic contingent coupons only if the underlying closing level on an observation date is equal to or greater than the coupon barrier; otherwise no coupon is paid. UBS will automatically call the Notes early if the underlying closing level on any observation date (prior to final valuation) is equal to or greater than the initial level; in that case investors receive principal plus any contingent coupon then due.
If not called, principal repayment at maturity is contingent: if the final level is equal to or greater than the downside threshold you receive the principal; if the final level is below the downside threshold the cash payment per Note will be less than the principal and will reflect the percentage decline in the underlying, potentially resulting in substantial or total loss of principal. The estimated initial value was indicated as $9.82 per Note. Any payment is subject to the creditworthiness of UBS.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Marvell Technology, Inc. with an expected maturity date of March 5, 2029. The trade date is February 27, 2026 and expected settlement is March 3, 2026.
The Notes pay periodic contingent coupons only if the underlying's closing level on an observation date meets or exceeds a coupon barrier. The Notes are automatically called if the underlying closes at or above the initial level on any monthly observation date beginning after three months. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; otherwise investors suffer a loss equal to the underlying return, potentially losing all principal. Minimum investment is 100 Notes at $10 per Note; estimated initial value range on the trade date is $9.36 to $9.61.
UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Western Digital Corporation common stock due March 5, 2029. The Notes pay contingent coupons only if the underlying closes at or above the coupon barrier on observation dates and are subject to automatic early call if the underlying equals or exceeds the initial level on an observation date prior to final valuation.
Terms shown: trade date February 27, 2026, settlement date March 3, 2026, final valuation date March 1, 2029, maturity March 5, 2029, principal amount $10 per Note, minimum investment 100 Notes, and an estimated initial value of $9.65 as of the trade date. Example terms illustrate a hypothetical contingent coupon rate of 27.54% per annum (contingent coupon $0.2295) and a downside threshold and coupon barrier of $50.00 (50.00% of the initial level).
The Notes repay principal at maturity only if the final level is at or above the downside threshold; if below, repayment is reduced proportionally to the underlying return and full loss of principal is possible. All payments are subject to UBS credit risk and market-disruption postponement provisions.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Amazon.com, Inc. The preliminary pricing supplement sets a Trade Date of February 27, 2026, expected Settlement Date of March 3, 2026, a Final Valuation Date of March 1, 2027 and a Maturity Date of March 3, 2027.
Each Note has a principal amount of $10. The minimum investment is 100 Notes ($1,000), and the estimated initial value per Note is between $9.48 and $9.73. Payments are contingent: periodic coupons and principal repayment at maturity depend on observation-date levels versus specified coupon barriers, initial level and a downside threshold. The Notes are unsecured obligations of UBS and subject to UBS credit risk; investors may lose some or all of their principal.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Western Digital Corporation with a trade date of February 27, 2026, expected settlement on March 3, 2026, final valuation on March 1, 2029 and maturity on March 5, 2029. The Notes pay a contingent coupon only if the underlying closing level meets the coupon barrier on observation dates and are automatically called early if the underlying equals or exceeds the initial level on an observation date.
The Notes have a minimum investment of 100 Notes at $10 per Note (a $1,000 investment). The estimated initial value range on the trade date is $9.32 to $9.57. If not called and the final level is below the downside threshold, principal repayment may be reduced and investors may lose a significant portion or all of their investment. All payments are subject to the creditworthiness of UBS.
UBS AG offers $100,000 Trigger Autocallable Contingent Yield Notes linked to the common stock of Intel Corporation, maturing on March 5, 2029. The Notes pay periodic contingent coupons only if the underlying closing level on an observation date meets or exceeds the coupon barrier.
The Notes are automatically called if the underlying closing level on any monthly observation date (beginning after three months) is equal to or above the initial level; on an automatic call UBS will pay principal plus any contingent coupon on the related coupon payment date. If not called, repayment at maturity depends on the final level: full principal is returned only if the final level is at or above the disclosed downside threshold (stated example: $50.00, or 50.00% of the initial level); if the final level is below that threshold, repayment equals $10 x (1 + underlying return), potentially resulting in a loss up to the full principal. The Trade Date is February 27, 2026 and Settlement Date is March 3, 2026. The estimated initial value per Note is $9.67 and minimum purchase is 100 Notes (principal $1,000). All payments are subject to the creditworthiness of UBS.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Intel Corporation, with a trade date of February 27, 2026, expected settlement on March 3, 2026, a final valuation date of March 1, 2029, and maturity on March 5, 2029.
The Notes pay periodic contingent coupons only if the underlying closing level is at or above a coupon barrier on each observation date. The Notes will be automatically called early if the underlying closes at or above the initial level on any monthly observation date beginning after three months. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; otherwise repayment declines in proportion to the underlying return (example downside threshold shown: $50.00, 50% of initial level).
Minimum investment is 100 Notes at $10 per Note. The estimated initial value range on the trade date is between $9.37 and $9.62. All payments, including any contingent coupon or principal, are subject to the creditworthiness of UBS. The offering involves significant risk of partial or total loss of principal.
UBS AG is offering $165,000 in Trigger Autocallable Contingent Yield Notes linked to the common stock of Palo Alto Networks, Inc., due March 5, 2029.
The Notes pay periodic contingent coupons only if the underlying closing level meets or exceeds a coupon barrier on each observation date, may be automatically called early if the underlying meets the initial level, and repay principal at maturity only if the final level is at or above a downside threshold. If the final level is below that threshold, principal is reduced in proportion to the underlying return and you could lose all of your investment. All payments are subject to UBS's creditworthiness. Trade date is February 27, 2026, settlement expected March 3, 2026, final valuation date March 1, 2029, and maturity March 5, 2029. The estimated initial value per $10 Note is $9.69.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Micron Technology common stock maturing March 3, 2027. The Notes pay a contingent coupon only if the underlying stock closing level on an observation date meets or exceeds a coupon barrier; otherwise no coupon is paid. UBS will automatically call the Notes early if the underlying closing level on any quarterly observation date (beginning after 9 months) is equal to or greater than the initial level; a call pays $10 principal plus any contingent coupon due on the call settlement date. If not called and the final level is at or above the downside threshold, principal $10 is repaid at maturity; if the final level is below the downside threshold, the cash payment at maturity may be less than principal and can reflect the full negative return of the underlying stock. Trade date is February 27, 2026 and settlement is expected March 3, 2026. The estimated initial value per Note as of the trade date was $9.68. Minimum investment is 100 Notes (representing $1,000). All payments are subject to UBS creditworthiness.
UBS AG is offering preliminary Trigger Autocallable Contingent Yield Notes linked to the common stock of Palo Alto Networks, Inc., as described in a Preliminary Pricing Supplement dated February 27, 2026. The Notes pay contingent coupons only if the underlying meets a coupon barrier on observation dates and will be automatically called early if the underlying equals or exceeds the initial level on any observation date prior to the final valuation date.
Key dates: trade date February 27, 2026, settlement date March 3, 2026, final valuation date March 1, 2029, maturity date March 5, 2029. Example terms include a $10 principal per Note, a hypothetical contingent coupon rate of 9.47% per annum, and a downside threshold and coupon barrier illustrated at $60.00 (60% of initial level). Investors face full downside market exposure at maturity if the final level is below the downside threshold, and all payments are subject to UBS credit risk.
UBS AG priced a preliminary pricing supplement for Trigger Autocallable Contingent Yield Notes linked to the common stock of Micron Technology, Inc. due on or about March 3, 2027, subject to completion. The Trade Date is February 27, 2026 with expected Settlement on March 3, 2026 and a Final Valuation Date of March 1, 2027.
The Notes pay contingent coupons only if the underlying's closing level on each observation date meets or exceeds a coupon barrier, include a quarterly observation automatic call feature beginning after nine months, and repay principal at maturity only if the final level is at or above a disclosed downside threshold. Minimum investment is 100 Notes at $10 per Note. UBS discloses an estimated initial value range of $9.42 to $9.67 per Note and provides illustrative coupon and payoff examples, including a hypothetical contingent coupon rate of 27.28% per annum and a downside threshold of $61.00 (61.00% of the initial level).
UBS AG offers $500,000 Trigger Autocallable Contingent Yield Notes linked to JPMorgan Chase & Co. stock due March 3, 2027. The Notes pay contingent coupons only if observed closing levels meet a coupon barrier and will be automatically called early if the underlying equals or exceeds the initial level on an observation date, in which case holders receive principal plus any contingent coupon then due. If not called, principal repayment at maturity is contingent: full principal is paid only if the final level is at or above the downside threshold; if the final level is below that threshold, holders suffer a loss equal to the percentage decline in the underlying and could lose their entire investment. The Notes have a minimum purchase of 100 Notes ($1,000), an estimated initial value of $9.80 per Note, trade date February 27, 2026, settlement March 3, 2026, final valuation date March 1, 2027, and maturity March 3, 2027. Example terms show a hypothetical contingent coupon rate of 10.53% per annum and example downside threshold and coupon barrier at $75.00 (75% of the initial level).
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to JPMorgan Chase & Co. common stock due on or about March 3, 2027. The notes pay periodic contingent coupons only if the underlying closing level meets or exceeds a coupon barrier on observation dates and will be automatically called early if the underlying closes at or above the initial level on any prior observation date. At maturity, if not called, principal is repaid only if the final level is at or above the downside threshold; otherwise repayment is reduced pro rata to the underlying return, and investors could lose a significant portion or all of their investment. The preliminaries show a principal amount of $10 per Note, a minimum purchase of 100 Notes ($1,000), and an estimated initial value range of $9.46 to $9.71 as of the trade date. Trade date is February 27, 2026 with settlement expected March 3, 2026, final valuation on March 1, 2027, and maturity on March 3, 2027.
UBS AG is offering $28,547,000 of Trigger Callable Contingent Yield Notes linked to the least performing of the Dow Jones Industrial Average®, the Russell 2000® Index and the EURO STOXX 50® Index.
The Notes pay a periodic contingent coupon only if each underlying asset’s closing level is at or above its coupon barrier on every trading day of an observation period; otherwise no coupon accrues for that period. UBS may call the Notes in whole on quarterly observation end dates. At maturity, if no call occurs and any underlying asset’s final level is below its 60.00% downside threshold, principal repayment is reduced in proportion to the negative return of the least performing underlying asset, potentially resulting in total loss. Trade date is February 26, 2026, settlement February 27, 2026, final valuation November 26, 2029, and maturity November 28, 2029. The issue price is $10.00 per Note, estimated initial value $9.88, minimum purchase 100 Notes.
UBS AG is offering $4,078,000 of Contingent Income Auto‑Callable Securities linked to the common stock of Freeport‑McMoRan Inc. (initial price $68.82). Each security has a stated principal of $1,000, an issue price of $1,000, a pricing date of February 25, 2026 and an original issue date of March 2, 2026, with scheduled maturity on March 1, 2029, subject to postponement.
Holders may receive a contingent payment of $39.625 per security (equivalent to 15.85% per annum) on a determination date if the closing price of the underlying equity is equal to or greater than the downside threshold level of $41.29 (60.00% of the initial price). If the closing price meets or exceeds the call threshold of $68.82 on a non‑final determination date, the securities will be redeemed early for the stated principal plus the applicable contingent payment. If not redeemed and the final price is below the downside threshold, UBS will deliver a cash value (exchange ratio × final price), exposing investors to loss of principal (potentially total loss). The estimated initial value at pricing was $958.60, and all payments are subject to the credit risk of UBS AG.
UBS AG is offering capped, leveraged, buffered S&P 500® index-linked medium-term notes with a $3,398,000 aggregate face amount. The notes (trade date February 25, 2026, original issue date March 2, 2026, stated maturity June 14, 2028) pay no interest and settle in cash based on the S&P 500® closing level on the determination date (June 12, 2028).
Key economics: initial underlier level 6,946.13, upside participation 160.00%, cap level 116.01% (maximum settlement $1,256.16 per $1,000 face), buffer 15.00% (buffer level 5,904.2105) and buffer rate ~117.65%. Estimated initial value was $997.50 per $1,000 face; issue price equals face (100.00%).
UBS AG is offering $2,255,000 of Trigger Autocallable GEARS linked to the Bloomberg Commodity Index 3 Month, sold at $10.00 per Security with an estimated initial value of $9.474.
The Securities mature on February 27, 2031 (final valuation date February 25, 2031) unless automatically called on the observation date March 3, 2027. If auto‑called, holders receive the call price equal to principal plus a 14.20% annual call return (call price shown as $11.42 per $10 Security). If not called, positive underlying returns are multiplied by an upside gearing of 1.355 to determine the payoff; if the final level is below the downside threshold (75.00% of the initial level), holders can suffer losses up to the full principal. All payments are subject to UBS creditworthiness and the Securities are unsecured and not FDIC insured.
UBS AG is offering Trigger Contingent Yield Notes with Memory Interest linked to the least performing common stock of General Electric Company, International Business Machines Corporation and Lam Research Corporation, with total proceeds of $530,000. The Notes have a $1,000 principal amount per Note, a stated contingent coupon rate of 15.40% per annum and a final maturity on March 1, 2029. Periodic contingent coupons are payable only if each underlying asset equals or exceeds its coupon barrier on an observation date and unpaid coupons may be paid later under the memory interest feature. At maturity, full principal is payable only if each underlying asset is at or above its downside threshold; if any underlying asset is below its downside threshold the payment equals $1,000 times (1 + underlying return of the least performing underlying asset), which could result in substantial loss or total loss of principal. All payments depend on UBS’s creditworthiness.
UBS AG is offering $2,000,000 of Airbag Callable Contingent Yield Notes linked to the least performing of IWM, XLI and XLU. The Notes pay a contingent coupon of 13.15% per annum on each coupon date only if every underlying closes at or above its coupon barrier on the related observation date. The Notes are callable by UBS on monthly observation dates. If not called, at maturity on December 1, 2026 you receive $1,000 per Note if each final level is at or above its downside threshold (85% of initial); otherwise repayment is reduced and you bear leveraged downside (approximately 1.1765x on losses beyond the 15% threshold). The trade, strike and settlement dates are shown on the cover and the estimated initial value on the trade date was $989.90 per Note; all payments remain subject to UBS credit risk.
UBS AG London Branch is offering $10,202,000 of Digital S&P 500® Index‑Linked Medium‑Term Notes due November 10, 2027. The notes pay no interest and return is linked to the S&P 500® Index performance from the trade date February 25, 2026 to the determination date November 8, 2027. If the final underlier level is at or above the buffer level (87.50% of the initial level of 6,946.13, i.e., 6,077.86375), each $1,000 face amount will pay the maximum settlement amount of $1,148.00. Below the buffer, losses apply at approximately 1.1429% of face amount per 1% decline below the buffer; investors could lose their entire investment. The estimated initial value on the trade date was $997.50 per $1,000 face amount; issue price is 100.00% of face amount. The notes are unsecured obligations of UBS and are subject to UBS credit risk and limited or no secondary market liquidity.
UBS AG is offering Trigger Callable Contingent Yield Notes maturing on March 1, 2029 linked to the least performing of the State Street ETFs XLE, XLU and XLV. The notes pay a 9.05% per annum contingent coupon when each underlying equals or exceeds its coupon barrier on observation dates and are issuer-callable monthly beginning after six months.
Each Note has an $1,000 issue price; UBS states an estimated initial value range of $935.70 to $965.70. If not called, principal repayment at maturity is contingent on the final levels relative to 70.00% downside thresholds; holders may lose a significant portion or all principal and are exposed to UBS credit risk.
UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of four underlying assets: the Nasdaq-100® Technology Sector, the Russell 2000® Index, the State Street® Technology Select Sector SPDR® ETF and the State Street® Utilities Select Sector SPDR® ETF. The notes have a contingent coupon rate of 13.35% per annum and an issue price of $1,000 per note; UBS may elect to call the notes in whole on any observation date beginning after three months. Trade date is March 4, 2026, expected settlement March 9, 2026, final valuation date March 4, 2031, and maturity March 7, 2031. Estimated initial value is between $950.80 and $980.80. Principal repayment at maturity is contingent: if any underlying asset is below its 60.00% downside threshold, holders will suffer a loss equal to the negative return of the least performing underlying asset, and could lose all of their initial investment. All payments are subject to UBS credit risk.
UBS is offering Trigger Autocallable Contingent Yield Notes with Memory Interest linked to the common stock of Paycom Software, Inc., due on or about March 21, 2029. The notes pay a contingent coupon set on the trade date in the range of 12.25% to 13.25% per annum and are callable quarterly beginning after six months.
The notes have a principal amount of $1,000 per note, an expected trade date of March 16, 2026, settlement on March 19, 2026, and an estimated initial value range of $934.10 to $964.10. If the final closing level of Paycom is below the downside threshold (50.00% of the initial level), principal repayment at maturity may be reduced proportionally and you could lose all of your investment. The issue price includes an underwriting discount of $25.00 per note.
UBS AG is offering $5,469,000 of Capped GEARS linked to the S&P 500® Index due April 27, 2027. The securities are unsubordinated, unsecured debt obligations that pay at maturity based on the percentage change in the S&P 500® Index from the trade date to the final valuation date.
The terms include an Upside Gearing of 3.00, a Maximum Gain of 13.90 (Maximum Payment at Maturity per Security: $1,139.00), an Initial Level of 6,946.13, an issue price of $1,000 per security and an estimated initial value of $977.50. Total proceeds to UBS (net of underwriting discount) are shown as $5,340,478.50.
UBS AG is offering Trigger Autocallable Notes with Contingent Accreting Return linked to the Solactive U.S. Large Cap Volatility Navigator Index due on or about March 4, 2031. The Notes pay no current income, may accrue contingent returns monthly if the index meets an accretion barrier, and are callable monthly beginning after 12 months if the index meets a call threshold. At maturity, if the final index level is below the downside threshold, holders absorb losses equal to the percentage decline in the index, potentially losing most or all principal. Payments are unsecured obligations of UBS and depend on UBS creditworthiness. The estimated initial model value range per $1,000 Note is $936.60 to $966.60, and the stated contingent accreting return rate is 14.00% per annum with an accretion barrier at 65.00% and downside threshold at 40.00% of the initial level.
UBS AG is offering $2,342,000 of Buffer Autocallable Contingent Yield Notes linked to the least performing of the Russell 2000® Index and the S&P 500®. The Notes have an approximate 5‑year term, are callable monthly beginning after 12 months, and pay a contingent coupon of 6.45% per annum when both underlying indices meet coupon barriers on observation dates. The Notes feature a 15.00% buffer and return of principal at maturity is contingent on the final levels of the underlying indices; if the least performing underlying asset falls below its downside threshold, principal is reduced proportionally in excess of the buffer. Issue price is $1,000 per Note and the issuer’s estimated initial value is $940.80. All payments are subject to UBS credit risk and there may be little or no secondary market.
UBS AG offers Trigger Autocallable Notes linked to the Solactive U.S. Large Cap Volatility Navigator Index due on or about March 4, 2031. The Notes have a principal amount of $1,000 per Note, a contingent accreting return rate of 14.00% per annum, and key levels set as a call threshold of 100.00% of the Initial Level, an accretion barrier of 65.00% of the Initial Level and a downside threshold of 60.00% of the Initial Level. Trade date is February 27, 2026 with settlement expected March 4, 2026. UBS will automatically call the Notes on monthly observation dates (callable after 12 months) if the closing level of the underlying asset meets or exceeds the call threshold; otherwise final payoff depends on the final level and may result in a loss of principal equal to the underlying return. The issuer notes the underlying index is subject to a 6.0% per annum daily decrement and that any payment is subject to UBS credit risk. The estimated initial value range is $936.60 to $966.60 per Note.
UBS AG offers Trigger Callable Contingent Yield Notes linked to the least performing of XLE, XLU and XLV with a principal amount of $1,000 per Note and an issue price of $1,000 per Note in an offering totaling $50,000. The Notes pay a monthly contingent coupon at a 9.05% per annum conditional on each ETF meeting its coupon barrier on each monthly observation date, are callable by UBS beginning after six months, and mature on March 1, 2029.
The Notes provide contingent repayment of principal at maturity only if the final level of each underlying ETF is equal to or above its downside threshold (70% of initial level); if any underlying ETF is below its threshold, payment at maturity will be reduced pro rata based on the least performing underlying asset and could result in a total loss. All payments are subject to UBS credit risk. The estimated initial value per Note on the trade date was $957.40.
UBS AG is offering $2,000,000 of Capped Market-Linked Notes linked to the least performing of the Russell 2000® and the S&P 500®, maturing on March 4, 2027. Each Note has a $1,000 principal, a 7.40% maximum gain and a maximum payment at maturity of $1,074.00 per Note.
The Notes pay no interest; at maturity holders receive principal only if the least performing underlying return is zero or negative. If that return is positive, the payment equals $1,000×(1 + the lesser of the least performing underlying return and the 7.40% cap). Payments are subject to UBS credit risk. The estimated initial value on the trade date was $995.40 and the issue price is $1,000 per Note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Palantir Technologies Inc. The trade date is February 26, 2026, settlement March 2, 2026, final valuation date February 28, 2029 and maturity March 2, 2029. The Notes pay a contingent coupon on each coupon payment date only if the closing level of the underlying asset on the applicable observation date is equal to or above the coupon barrier; otherwise no coupon is paid. The Notes will be automatically called on any quarterly observation date (beginning after six months) if the closing level is equal to or greater than the initial level, in which case UBS pays principal plus any contingent coupon on the call settlement date and the Notes terminate. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; if the final level is below that threshold, repayment is reduced pro rata and you may lose a significant portion or all of your investment. Minimum investment is 100 Notes at $10 per Note. The preliminary example shows a hypothetical contingent coupon rate of 20.19% per annum and an estimated initial value range of $9.35 to $9.60 per Note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Oracle Corporation due on or about March 2, 2029. The Notes pay contingent coupons only if the underlying meets coupon barriers on observation dates and may be automatically called early upon certain trigger levels.
The Notes have a $10 principal amount per Note, an illustrative contingent coupon rate of 22.14% per annum (contingent coupon of $0.5535 per $10 Note in the examples), a downside threshold of $60.00 (60.00% of the initial level), trade date February 26, 2026, settlement March 2, 2026, final valuation date February 28, 2029, and maturity March 2, 2029. All payments, including any contingent coupons or principal repayment, are subject to the creditworthiness of UBS.
UBS AG offers $300,000 principal of Trigger Autocallable Contingent Yield Notes linked to the American depositary receipts of Baidu, Inc., maturing on March 2, 2027. The Notes pay contingent coupons only if the underlying ADR closes at or above the coupon barrier on observation dates and are automatically called early if the ADR closes at or above the initial level on any prior observation date. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; otherwise repayment is reduced pro rata by the underlying return and investors can lose a substantial portion or all principal. Trade and settlement dates are February 26, 2026 and March 2, 2026, respectively. Minimum investment is 100 Notes at $10 per Note and the estimated initial value on the trade date is $9.57. All payments depend on UBS creditworthiness.
UBS AG priced a preliminary offering of $• Trigger Autocallable Contingent Yield Notes linked to the common stock of Oracle Corporation, due on or about March 2, 2028. The notes pay contingent coupons only if the underlying meets coupon barriers on observation dates and are subject to automatic early call if the underlying equals or exceeds the initial level on an observation date.
Trade date is February 26, 2026 with settlement on March 2, 2026. Final valuation date is February 29, 2028. Minimum investment is 100 notes at $10 per note ($1,000). The estimated initial value range is $9.41 to $9.66. Principal is at risk at maturity if the final level is below the downside threshold (shown as $60.00, 60.00% of the initial level in examples); any payment depends on UBS's creditworthiness.
UBS AG offers Airbag Autocallable Yield Notes linked to Microsoft Corporation stock due on or about March 2, 2027. The Notes pay a coupon quarterly (estimated coupon rate 6.76% per annum) and are subject to automatic early call on quarterly observation dates beginning after six months.
If not called, principal repayment at maturity is contingent: if the final level is at or above the downside threshold UBS will repay the $10 principal plus coupon; if the final level is below the downside threshold investors face leveraged downside exposure of approximately 1.1628% loss of principal for each 1% decline beyond the threshold, and could lose all principal. Trade date is February 26, 2026 with expected settlement on March 2, 2026. Minimum investment is 100 Notes at $10 per Note. Payments are subject to UBS credit risk. The document is a preliminary pricing supplement.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to CrowdStrike Holdings, Inc. common stock due March 2, 2027. The notes pay a contingent coupon on scheduled coupon dates only if the underlying closing level meets or exceeds a coupon barrier and will be automatically called early if the underlying closes at or above the initial level on any observation date prior to the final valuation date. If not called, principal repayment at maturity is contingent: full principal is paid only if the final level is at or above the downside threshold; if below, repayment is reduced in proportion to the underlying return and investors could lose a substantial portion or all principal. Trade date is February 26, 2026 with expected settlement March 2, 2026. Minimum investment is 100 Notes at $10 per Note; the estimated initial value on the trade date was $9.76. All payments, including principal, are subject to UBS credit risk.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of NVIDIA Corporation, due on or about March 2, 2027. The notes pay a contingent coupon on each coupon payment date only if the underlying closing level is at or above a coupon barrier; otherwise no coupon is paid. The notes are automatically called early if the underlying closes at or above the initial level on an observation date, in which case UBS pays principal plus any contingent coupon on the call settlement date. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; if the final level is below that threshold, investors suffer a loss equal to the underlying return and could lose their entire investment. Trade date is February 26, 2026 with settlement on March 2, 2026. Example terms include a principal amount of $10, a hypothetical contingent coupon rate of 16.68% per annum and a downside threshold of $70.00 (70% of the initial level). Minimum investment is 100 Notes (principal $1,000); the estimated initial value range is $9.45 to $9.70 per Note. Any payments depend on UBS’s creditworthiness.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Advanced Micro Devices, Inc. The notes pay contingent coupons only when the underlying closing level on an observation date meets or exceeds a coupon barrier and may be automatically called monthly (beginning after 3 months) if the underlying closes at or above the initial level. The notes mature on March 2, 2029 with a final valuation date of February 28, 2029. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; if the final level is below that threshold, principal repayment is reduced proportionally and investors could lose a significant portion or all of their investment. Trade and settlement dates are February 26, 2026 and March 2, 2026. Minimum purchase is 100 notes at $10 per note; the estimated initial value per note is $9.73. All payments depend on the creditworthiness of UBS.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Oracle Corporation, maturing March 2, 2028. The notes pay a contingent coupon only if the underlying closing level on an observation date is at or above the coupon barrier and will be automatically called early if the underlying closes at or above the initial level on any observation date prior to the final valuation date.
The notes have a principal amount of $10 per Note, a minimum purchase of 100 Notes and an estimated initial value of $9.79 as of the trade date. Key dates: Trade Date February 26, 2026; Settlement Date March 2, 2026; Final Valuation Date February 29, 2028; Maturity Date March 2, 2028. An illustrative contingent coupon rate is 24.88% per annum; illustrative downside and coupon barriers are $60.00 (60.00% of the initial level). Repayment of principal at maturity is contingent on the final level relative to the downside threshold and is subject to UBS credit risk.
UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of Advanced Micro Devices, Inc. due on or about March 2, 2029. The notes pay periodic contingent coupons only if the underlying stock closes at or above a coupon barrier on observation dates; they are autocallable monthly beginning about six months after the trade date if the underlying equals or exceeds the initial level. If not called and the final level is below the downside threshold, principal at maturity will be reduced pro rata to the underlying return.
Key terms in the preliminary pricing supplement: trade date February 26, 2026, settlement March 2, 2026, final valuation date February 28, 2029, maturity March 2, 2029. Minimum investment is 100 notes at $10 per note. The estimated initial value range is $9.37 to $9.62. Payments are subject to UBS credit risk.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Advanced Micro Devices, Inc., due March 2, 2029. The Notes pay contingent coupons only if the underlying stock meets coupon barriers on monthly observation dates; they will autocall early if the underlying equals or exceeds the initial level on an observation date.
Key terms in this pricing supplement include a Principal Amount per Note of $10, a minimum investment of 100 Notes (representing $1,000), an estimated initial value of $9.67, an illustrative contingent coupon rate of 18.17% per annum, a coupon barrier and downside threshold shown at $60.00 (60.00% of the initial level), Trade Date February 26, 2026, Settlement Date March 2, 2026, Final Valuation Date February 28, 2029, and Maturity Date March 2, 2029.
The Notes are unsecured obligations of UBS and are not listed; repayment of principal at maturity is contingent on the final level relative to the downside threshold and on UBS's creditworthiness. If not autocalled and the final level is below the downside threshold, payments may be less than principal and you could lose a significant portion or all of your investment.