ETRACS Alerian MLP Index ETN Series B due July 18, 2042 424B Filings

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of DexCom, Inc., maturing on or about February 14, 2028. These unsecured debt obligations pay a coupon only if DexCom’s closing level on an observation date is at or above a specified coupon barrier.

The Notes are automatically called early if DexCom’s stock closes at or above the initial level on any observation date before the final valuation date, returning principal plus any due coupon, with no further payments. If not called, principal is repaid at maturity only if the final level is at or above a downside threshold; otherwise, repayment is reduced in line with DexCom’s decline and can fall to zero.

The Notes are subject to the credit risk of UBS, are not bank deposits, will not be listed on an exchange and may offer limited liquidity. The minimum investment is 100 Notes at $10 each, and the estimated initial value is expected to range between $9.45 and $9.70 per Note.

UBS AG is offering unsubordinated, unsecured Trigger Autocallable Contingent Yield Notes linked to the common stock of Fluor Corporation, maturing on February 14, 2028. These notes pay a contingent coupon only when Fluor’s closing stock price on an observation date is at or above a preset coupon barrier.

The notes are automatically called early if Fluor’s stock closes at or above the initial level on any observation date before the final valuation date, returning principal plus any due coupon, with no further payments. If not called and the final stock level is at or above the downside threshold, investors receive only the $10 principal per note at maturity.

If the notes are not called and the final level is below the downside threshold, repayment is reduced in line with Fluor’s percentage decline from the initial level, and investors can lose all of their investment. Payments depend on UBS’s creditworthiness. The notes are not exchange-listed, require a minimum investment of 100 notes at $10 each, and have an estimated initial value of $9.71 per note.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Fluor Corporation, maturing on or about February 14, 2028. These unsecured debt notes pay contingent coupons only when Fluor’s closing share price on an observation date is at or above a preset coupon barrier.

The notes may be automatically called before maturity if Fluor’s share price on any observation date (other than the final one) is at or above the initial level, in which case investors receive principal plus the applicable contingent coupon and no further payments. If the notes are not called and Fluor’s final share price is at or above the downside threshold, investors receive full principal back at maturity.

If the notes are not called and Fluor’s final share price is below the downside threshold, repayment is reduced in line with the share price decline, and the entire principal can be lost in severe scenarios. Payments depend on UBS’s credit; the notes are not insured, will not be listed on an exchange, require a minimum investment of 100 notes at $10 each, and have an estimated initial value between $9.41 and $9.66 per $10 note.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Constellation Energy Corporation. These unsecured debt securities pay a contingent coupon only when the stock closes at or above a preset coupon barrier on each observation date.

The notes can be called early if the stock closes at or above its initial level on any observation date before maturity; in that case investors receive the $10 principal per note plus the due coupon, and the product terminates. If the notes are not called and the final stock level is at or above the downside threshold, principal is repaid; if it is below, repayment is reduced in line with the stock’s loss, and all principal can be lost.

The example terms show a 22.45% per annum contingent coupon, with a $0.5613 coupon per period and both the downside threshold and coupon barrier at $75.00, or 75.00% of the initial level. All payments depend on UBS’s credit, the notes are not listed, and the estimated initial value is $9.72 per $10 note.

UBS AG is offering $400,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of DICK'S Sporting Goods, Inc., maturing on February 13, 2029. Each Note has a $10 principal amount and pays a contingent coupon only when the stock closes at or above a set coupon barrier on an observation date.

The Notes can be automatically called early if the stock closes at or above its initial level on any observation date before maturity, in which case investors receive $10 per Note plus the applicable contingent coupon and no further payments. If not called and the final stock level is at or above the downside threshold, UBS repays the $10 principal at maturity; if below the downside threshold, repayment is reduced in line with the stock’s percentage decline, and investors can lose all principal.

The illustrative contingent coupon rate is 14.42% per annum (paying $0.3605 per period in the example), with both the downside threshold and coupon barrier at $60.00, or 60% of the initial level. The estimated initial value is $9.71 per Note, the minimum investment is 100 Notes ($1,000), the Notes are unsecured, unsubordinated obligations of UBS, will not be listed on an exchange, and all payments depend on UBS’s creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Constellation Energy Corporation, maturing on or about February 16, 2027. Each Note has a $10 principal amount and pays a high contingent coupon only when the stock closes at or above a coupon barrier on scheduled observation dates.

The Notes can be automatically called early if the stock closes at or above the initial level on any observation date before the final valuation date. In that case, holders receive $10 plus the applicable contingent coupon, and the Notes terminate.

If not called, and on the final valuation date the stock is at or above the downside threshold, investors receive back the $10 principal (and a final contingent coupon if the coupon barrier is also met). If the stock finishes below the downside threshold, repayment is reduced dollar-for-dollar with the stock’s percentage loss, and the entire investment can be lost.

The example terms show a contingent coupon rate of 21.42% per annum (about $0.5355 per period on a $10 Note) and a downside threshold and coupon barrier set at $75, or 75.00% of the initial level. The estimated initial value is expected between $9.42 and $9.67 per $10 Note, reflecting UBS’ internal pricing and funding. The Notes are unsecured obligations of UBS, are not insured, will not be listed on an exchange, and require a minimum purchase of 100 Notes.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of DICK'S Sporting Goods, Inc., maturing on or about February 13, 2029. These are unsecured, unsubordinated debt obligations of UBS, not bank deposits and not FDIC insured.

Investors receive a contingent coupon only when the stock closes at or above a specified coupon barrier on each observation date. The notes are automatically called early if the stock closes at or above the initial level on any observation date before maturity, returning principal plus the applicable coupon.

If the notes are not called and the final stock level is at or above the downside threshold, investors receive full principal at maturity (and a final coupon if the barrier is met). If the final level is below the downside threshold, repayment is reduced in line with the stock’s decline and investors can lose all of their initial investment. Any payment depends on UBS’s creditworthiness.

The minimum investment is 100 Notes at $10 per Note. The estimated initial value per Note on the trade date is expected to be between $9.35 and $9.60, based on UBS internal pricing models and funding rates.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the S&P 500® Index, maturing on or about March 2, 2029. These unsecured notes pay a 6.30% per annum contingent coupon only when the index closes at or above a coupon barrier, observed semiannually.

UBS can call the notes in whole on any observation date (other than the final one), returning principal plus any due coupon, after which no further payments are made. If the notes are not called and the final index level is at or above a downside threshold set at 70% of the initial level, investors receive full principal back at maturity.

If the notes are not called and the S&P 500® closes below the downside threshold on the final valuation date, the maturity payment is reduced in line with the index loss, and investors can lose some or all of their principal. All payments depend on UBS’s creditworthiness, and the notes will not be listed on any exchange.

UBS AG is offering Capped Leveraged Buffered S&P 500® Index‑Linked Medium‑Term Notes that pay no interest and return a cash amount at maturity based on the S&P 500® Index. The notes are expected to mature in about 27 to 30 months.

For each $1,000 face amount, investors get 160.00% leveraged upside on any positive index return, but gains are capped by a maximum settlement amount expected between $1,223.20 and $1,262.56. A 15.00% downside buffer absorbs moderate losses; below 85.00% of the initial index level, principal declines at about 1.1765% for every 1% further index drop.

The estimated initial value is expected between $968.00 and $998.00 per $1,000, reflecting internal funding and hedging costs. The notes are unsecured obligations of UBS, not FDIC‑insured, will not be listed on any exchange, may have limited or no secondary market, and involve complex tax and credit risks highlighted in the risk factors section.

UBS AG is offering $280,000 of Trigger Callable Contingent Yield Notes linked to the least performing of the Dow Jones Industrial Average®, the Russell 2000® Index and the Nasdaq-100® Technology Sector, with a 10.30% per annum contingent coupon.

Coupons are paid only when on each observation date every index closes at or above its coupon barrier, set at 70% of its initial level, which is also the downside threshold. UBS may call the notes monthly starting after 9 months, paying principal plus any due coupon.

If the notes are not called and any index finishes below its downside threshold on the final valuation date, investors receive less than principal in proportion to the worst index’s decline and can lose their entire investment. The notes are unsecured UBS debt, not listed on an exchange, and have an estimated initial value of $961.10 per $1,000 note, below the issue price.

UBS AG is offering Trigger Autocallable Contingent Yield Notes with Memory Interest linked to the S&P 500 Index and the Russell 2000 Index, maturing on or about March 2, 2029. Each Note has a $1,000 denomination and pays a contingent coupon of 7.35% per annum if, on a semiannual observation date, both indexes close at or above their coupon barriers, initially 70% of their respective initial levels.

The Notes may be called early if, on any observation date before maturity, both indexes are at or above their call threshold levels, set at 100% of their initial levels. On an automatic call, investors receive principal plus the contingent coupon due and any previously unpaid coupons via the memory-interest feature.

If the Notes are not called and, on the final valuation date, both indexes are at or above their downside thresholds (70% of initial), investors receive full principal at maturity plus any due coupons. If either index finishes below its downside threshold, the repayment is reduced in line with the worst-performing index’s decline, and investors can lose some or all of their principal. The estimated initial value per Note is expected between $944.30 and $974.30, below the $1,000 issue price, reflecting dealer compensation, hedging and UBS’s internal funding rate. The Notes are unsecured, unsubordinated obligations of UBS AG, will not be listed on any exchange, and all payments depend on UBS’s creditworthiness.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100 Technology Sector Index, Russell 2000 Index and S&P 500 Index, maturing around February 27, 2031. Each Note has a $1,000 principal amount and pays a contingent coupon of 9.05% per annum (monthly installments of $7.5417) only if, on the relevant observation date, all three indexes close at or above 70% of their initial level (the coupon barrier).

UBS may call the Notes in whole, starting after six months, on any monthly observation date. If called, investors receive $1,000 plus any due coupon, and the investment ends early. If not called and, at maturity, all three indexes are at or above 70% of their initial levels (the downside thresholds), investors receive the full $1,000 per Note. If any index finishes below its downside threshold, the maturity payment is reduced by the full negative return of the worst-performing index, and investors can lose most or all of their principal. Payments depend entirely on UBS’s credit; a default could result in loss of the entire investment. The estimated initial value is expected to be between $936.60 and $966.60 per $1,000 Note, reflecting fees, hedging and UBS’s internal funding rate.

UBS AG, through its London branch, is offering Trigger Contingent Yield Notes with Memory Interest linked to the least performing of GE, IBM and Lam Research shares, maturing around March 1, 2029.

The Notes pay a contingent coupon at a rate of at least 15.10% per annum for any month in which all three stocks close at or above 50% of their initial levels (the coupon barriers). Missed coupons can be paid later if conditions are met, via a memory feature.

At maturity, investors receive full principal only if each stock’s final level is at or above 50% of its initial level (the downside thresholds. If any stock finishes below its threshold, repayment is reduced in line with the worst performer’s percentage loss, and investors can lose their entire investment. All payments depend on UBS’s ability to meet its obligations.

UBS AG is issuing $1,040,000 of Trigger Callable Contingent Yield Notes linked to the worst performer of the Nasdaq-100® Technology Sector Index and the S&P 500® Index, maturing January 13, 2028.

The Notes pay a 9.00% per annum contingent coupon (monthly $7.50 per $1,000) only when both indices close at or above their coupon barriers (70.00% of initial levels). UBS can call the Notes after six months on any monthly observation date, repaying principal plus any due coupon, ending future payments.

If not called, principal is repaid at maturity only if each index finishes at or above its downside threshold (60.00% of its initial level). If any index closes below its downside threshold, repayment is reduced one-for-one with the loss of the worst-performing index, and investors can lose all principal. The Notes are unsecured UBS obligations, with an estimated initial value of $980.30 per $1,000, below the issue price.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the S&P 500® Index, maturing around March 2, 2029. Each Note has a $1,000 principal amount and pays a 7.45% per annum contingent coupon on semiannual dates if the index closes at or above a coupon barrier set at 70% of the initial level.

UBS may call the Notes in whole on any observation date (other than the final one), paying principal plus any due coupon, after which no further payments are made. If not called and the final index level is at or above the downside threshold (also 70% of the initial level), investors receive full principal. If the final level is below this threshold, repayment is reduced in line with the index loss, and investors can lose all principal. Payments depend on UBS’s credit, the Notes will not be listed, and the estimated initial value is expected between $946.80 and $976.80 per $1,000.

UBS AG is offering $8,000,000 of Trigger Autocallable Notes linked to the least performing of the Russell 2000 and EURO STOXX 50 indices.

These five-year, unsecured notes pay no interest and may be automatically called monthly after six months if both indices are at or above their 100% call thresholds, delivering a call return based on an 11.25% per annum rate.

If never called and both indices finish at or above 75% of initial levels, investors receive only their $1,000 principal per Note; if either index ends below 75%, repayment is reduced one-for-one with the worst index’s loss, up to a total loss of principal.

The notes are not listed, the estimated initial value is $965.30 per $1,000, and all payments depend on UBS’s creditworthiness.

UBS AG is offering Buffer Autocallable Contingent Yield Notes linked to the worst performer between the SPDR S&P Regional Banking ETF (KRE) and the S&P 500 Index, maturing around February 27, 2031. Each Note has a $1,000 principal amount.

The Notes pay an 8.50% per annum contingent coupon (about $7.0833 monthly) only if both underlying assets close at or above 80% of their initial levels on a given monthly observation date. After 12 months, the Notes are automatically called if both assets are at or above 100% of their initial levels, returning principal plus the coupon.

If the Notes are not called and, at maturity, both assets are at or above 85% of initial levels, investors receive full principal back. If any asset finishes below its 85% downside threshold, repayment is reduced based on the loss of the worst performer beyond a 15% buffer, and investors could lose almost all of their investment. All payments depend on the creditworthiness of UBS, and the estimated initial value per Note is between $915.70 and $945.70, below the $1,000 issue price.

UBS AG is offering Trigger Autocallable Contingent Yield Notes with Memory Interest linked to the least performing of the Russell 2000® Index and the S&P 500® Index, maturing in early 2029. Each Note has a $1,000 principal amount and a contingent coupon rate of 9.00% per annum, paid semiannually if both indices are at or above their coupon barriers.

The Notes can be automatically called on any semiannual observation date if both indices are at or above their call threshold levels (100% of initial levels). If called, investors receive principal plus the due coupon and any unpaid past coupons. If not called and any index finishes below its downside threshold (70% of its initial level), repayment is reduced one-for-one with the loss on the worst-performing index, up to a total loss of principal.

Payments depend entirely on UBS’s credit. The Notes are not listed, may have limited liquidity, and are significantly riskier than conventional debt. The estimated initial value per Note is expected between $960.70 and $990.70, reflecting fees, hedging and UBS’s internal funding rate.

UBS AG is offering Capped Buffer GEARS, unsecured debt securities linked to the Dow Jones Industrial Average®, maturing on February 19, 2027, with a $1,000 principal amount per Security.

At maturity, investors gain enhanced upside exposure: any positive index return is multiplied by 2.00x but capped at a maximum gain of 11.00%, for a maximum payment of $1,110.00 per Security. The notes provide a 10.00% buffer; if the index finish level is at or above the downside threshold of 45,169.33 (90.00% of the initial level of 50,188.14), principal is repaid. Below that threshold, losses mirror index declines beyond the 10% buffer and investors can lose almost all of their investment.

The Securities pay no interest, are not listed on any exchange, and any payment depends entirely on the creditworthiness of UBS. The estimated initial value on the trade date is expected between $966.40 and $996.40, reflecting underwriting discounts, hedging and issuance costs.

UBS AG is offering Trigger Autocallable Contingent Yield Notes with Memory Interest linked to Intel Corporation common stock, maturing around March 2, 2028, in $1,000 denominations.

The notes may pay monthly contingent coupons at an annual rate of 13.50%–14.50% if Intel’s share price stays at or above a 50% coupon barrier on observation dates. They can be called quarterly if Intel closes at or above 100% of the initial level, returning principal plus due and unpaid coupons.

If not called and Intel’s final level is at or above the 50% downside threshold, investors receive $1,000 per note; if it is below, investors receive Intel shares worth less than principal, potentially resulting in a near-total loss. Payments depend on UBS’s credit, with an estimated initial value of $926.80–$956.80 per $1,000 note and no exchange listing, meaning limited liquidity and significant market and credit risk.

UBS AG is offering unsecured Contingent Income Auto-Callable Securities linked to the common stock of Wells Fargo & Company, maturing on or about February 23, 2029. Each security has a stated principal amount and issue price of $1,000.00.

Investors may receive contingent payments of $27.50 per security, equivalent to 11.00% per annum, on each determination date when the Wells Fargo share price is at or above 75.00% of the initial price. If the price is at or above 100.00% of the initial price on any non-final determination date, the securities auto-call for $1,000.00 plus the applicable contingent payment.

If the notes are not redeemed early and the final price is below the 75.00% downside threshold, UBS will deliver a cash value based on the exchange ratio and final price, exposing holders to 1:1 equity downside and potentially a total loss of principal. The estimated initial value is expected to range between $932.30 and $962.30 per security, below the issue price, reflecting fees, hedging and UBS’s internal funding rate. All payments are subject to UBS credit risk, and the securities will not be listed on any exchange.

UBS AG is offering Trigger Autocallable Contingent Yield Notes with Memory Interest linked to the common stock of Micron Technology, Inc. The Notes have a principal amount of $1,000, a term of approximately three years and pay quarterly contingent coupons at an annual rate expected to range from 18.25% to 20.25% if Micron’s share price on an observation date is at or above a coupon barrier set at 50% of the initial level.

The Notes are automatically called, returning principal plus any due and unpaid coupons, if Micron’s stock closes at or above the call threshold level, set at 100% of the initial level, on any observation date before maturity. If the Notes are not called and Micron’s final level is at or above the downside threshold (also 50% of the initial level), investors receive their $1,000 principal back at maturity. If the final level is below the downside threshold, investors receive a “share delivery amount” of Micron stock (plus cash for any fractional share), expected to be worth significantly less than principal, exposing them to full downside from the initial level and potentially a total loss.

The estimated initial value is expected to be between $924.80 and $954.80 per $1,000 Note, reflecting underwriting discounts and structuring costs. Payments depend entirely on the creditworthiness of UBS; the Notes are unsecured, unsubordinated obligations, pay no dividends on Micron shares, and will not be listed on any exchange, so liquidity may be limited.

UBS AG is offering Trigger Callable Contingent Yield Notes due March 1, 2029, linked to the least performing of the Nasdaq-100® Technology Sector Index, the Russell 2000® Index and the S&P 500® Index.

The Notes pay a 9.20% per annum contingent coupon in monthly installments of $7.6667 per $1,000 note, but only if on each observation date all three indexes close at or above their coupon barriers, set at 70% of their initial levels. UBS may call the Notes in whole on any monthly observation date beginning after six months, paying principal plus any due coupon.

If the Notes are not called and at maturity any index finishes below its 70% downside threshold, investors receive $1,000 multiplied by one plus the worst index return, which can mean a substantial loss of principal, up to total loss. All payments depend on UBS’s credit. The estimated initial value is expected between $937.70 and $967.70 per $1,000 note, with an issue price of $1,000, including a $27.50 underwriting discount and $972.50 in proceeds to UBS.

UBS AG is offering preliminary Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100 Index®, Russell 2000® Index and EURO STOXX 50® Index. Each Note has a $1,000 principal amount and a contingent coupon rate of 11.00% per annum, paid quarterly if every index stays at or above its coupon barrier, set at 70% of its initial level.

Unless called early at UBS’s discretion on a quarterly observation date, the Notes mature around February 28, 2031. If none of the indices finishes below its downside threshold of 60% of initial level, investors receive full principal back; otherwise repayment is reduced one-for-one with the worst index’s decline, and all principal can be lost. The Notes are unsecured UBS debt, with an estimated initial value between $963.20 and $993.20 per $1,000 issue price.

UBS AG is offering Trigger Callable Contingent Yield Notes due around February 21, 2031, linked to the worst performer among the Invesco S&P 500 Equal Weight ETF, the Russell 2000 Index and the Utilities Select Sector SPDR ETF.

The notes pay a 9.25% per annum contingent coupon on monthly observation dates only if all three underlyings are at or above 70% of their initial levels. UBS can call the notes in whole on any observation date after six months, returning principal plus any due coupon.

If the notes are not called and any underlying finishes below 60% of its initial level at maturity, investors lose principal in line with that asset’s negative return, up to a total loss. Payments depend entirely on UBS’s credit. The notes will not be listed, and their estimated initial value is expected between $956.60 and $986.60 per $1,000 issue price.

UBS AG is offering $6,386,000 of unsecured Trigger Autocallable Contingent Yield Notes with Memory Interest linked to the worst performer of JPMorgan, Walmart and Microsoft, maturing on February 9, 2029.

The Notes pay an 11.25% per annum contingent coupon, plus any unpaid past coupons, only if on each quarterly observation date all three stocks close at or above their respective coupon barriers, set at 60% of initial levels. The notes can be automatically called quarterly after six months if all three stocks are at or above 100% of their initial levels, returning principal plus the due coupon.

If the Notes are not called and any stock finishes below its downside threshold (60% of its initial level), repayment at maturity is reduced in line with the worst stock’s loss, up to a total loss of principal. The Notes are subject to UBS credit risk, are not insured, will not be listed on an exchange, and had an estimated initial value of $963.60 per $1,000 Note, below the issue price.

UBS AG, acting through its London branch, is offering $120,000 of Buffer Autocallable GEARS, unsecured notes linked to the Nasdaq‑100 Index® and the S&P 500® Index. Each $1,000 Security references the least performing index over a term to February 3, 2028.

The notes may be automatically called on February 5, 2027 if both indices close at or above their autocall barriers, set at 100% of their initial levels. If called, holders receive $1,095 per Security, reflecting a 9.50% per annum call return, and the trade ends early.

If not called, maturity payment depends on the worst index. Positive performance is multiplied by 1.50 upside gearing. A 20% buffer applies if the worst index finishes between 80% and 100% of its initial level, returning principal only. Below 80%, principal is reduced in line with losses beyond the buffer, and holders can lose almost all of their investment.

The notes pay no interest, offer no dividends from index constituents, and carry UBS credit risk. The estimated initial value is $980.60 per $1,000, below the issue price due to underwriting, hedging and issuance costs.

UBS AG is offering $5,681,500 of Trigger Autocallable Contingent Yield Notes linked to the common stock of Salesforce, Inc., maturing on February 14, 2028. These are unsubordinated, unsecured debt obligations of UBS.

Investors receive contingent quarterly coupons only when Salesforce’s closing share price on an observation date is at or above a specified coupon barrier. The notes are automatically called if, on any quarterly observation date after six months and before maturity, the share price is at or above the initial level, in which case investors receive principal plus any due coupon and no further payments.

If the notes are not called and Salesforce’s closing price on the final valuation date is at or above a downside threshold, investors receive full principal at maturity. If the final price is below the downside threshold, repayment is reduced in line with the stock’s percentage decline and principal losses can reach 100%. Payments depend entirely on UBS’s creditworthiness, and the notes will not be listed on any exchange. The estimated initial value is $9.81 per $10 note, with a minimum investment of 100 notes ($1,000).

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of NVIDIA Corporation, with a scheduled maturity on February 12, 2029. Each Note has a $10 principal amount and pays a contingent coupon only when NVIDIA’s closing level is at or above a preset coupon barrier on the relevant observation date.

The Notes can be automatically called early if NVIDIA’s closing level on any observation date before maturity is at or above the initial level, in which case holders receive the $10 principal plus the applicable contingent coupon and no further payments. If not called and NVIDIA’s final level is at or above the downside threshold, principal is repaid at maturity; if it is below the downside threshold, repayment is reduced in line with NVIDIA’s decline and can fall to zero.

The indicative examples use an approximately three-year term, an annual contingent coupon rate of 11.61% (or $0.2903 per quarter), and a downside threshold and coupon barrier set at $55.00, which is 55.00% of the initial level. The estimated initial value per $10 Note is $9.69. All payments depend on the creditworthiness of UBS AG, and the Notes are not listed on any exchange.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Salesforce, Inc. as a primary, unsecured debt offering. The Notes pay contingent quarterly coupons only when Salesforce’s stock closes at or above a coupon barrier on each observation date.

UBS will automatically call the Notes early if Salesforce’s stock is at or above the initial level on an observation date after six months, returning principal plus any due coupon and ending the investment. If the Notes are not called and the final stock level is below a downside threshold, investors bear the full downside, with losses matching the stock’s decline and the potential to lose all principal.

The Notes are senior unsecured obligations of UBS, so all payments depend on UBS’s credit. They are expected to trade on a T+2 initial settlement, will not be listed on any exchange, require a minimum $1,000 investment, and have an estimated initial value between $9.42 and $9.67 per $10 Note.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of NVIDIA Corporation, maturing on or about February 12, 2029. These unsecured debt notes pay a contingent coupon only when NVIDIA’s closing price on an observation date is at or above a set coupon barrier.

The notes can be automatically called before maturity if NVIDIA’s stock closes at or above the initial level on any observation date, returning principal plus the applicable coupon, with no further payments. If not called and NVIDIA’s final level is at or above the downside threshold, investors receive principal back; if it is below, repayment falls in line with the stock’s decline and can result in a total loss. The notes are issued in minimums of 100 at $10 per note, with an estimated initial value between $9.39 and $9.64 and a hypothetical contingent coupon rate of 11.01% per year using a downside threshold and coupon barrier at 55% of the initial level. All payments depend on UBS’s creditworthiness, and the notes will not be listed on any exchange.

UBS AG is offering $3,004,200 Trigger Autocallable Contingent Yield Notes linked to the common stock of United Airlines Holdings, Inc., maturing on February 14, 2028. These unsubordinated, unsecured notes pay a contingent coupon only when the stock closes at or above a coupon barrier on quarterly observation dates.

The notes can be automatically called after six months if the stock closes at or above its initial level, returning principal plus the applicable coupon and ending the investment. If not called, and the final stock level is at or above the downside threshold (60% of the initial level in the hypothetical example), investors receive principal back, plus any final coupon if the barrier is met.

If the notes are not called and the final level is below the downside threshold, repayment is reduced in line with the stock’s percentage loss, and investors can lose their entire investment. The hypothetical terms show a 15.10% per annum coupon, $10 principal per note, a $60 downside threshold and coupon barrier, and an estimated initial value of $9.81. All payments depend on UBS’s credit and the notes will not be listed on any exchange.

UBS AG is offering $608,000 of Trigger Autocallable Contingent Yield Notes linked to MercadoLibre, Inc. common stock, maturing on February 14, 2028.

The notes pay contingent coupons only if the stock closes at or above a preset coupon barrier on observation dates. They can be called early if the stock is at or above the initial level, returning principal plus that period’s coupon, with no further payments.

If not called and the final stock level is at or above the downside threshold, investors receive principal at maturity, potentially with a final coupon. If the final level is below the downside threshold, repayment is reduced in line with the stock’s decline and all principal can be lost. All payments depend on UBS’s credit; the estimated initial value is $9.77 per $10 note, with a minimum investment of 100 notes.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of United Airlines Holdings, Inc., maturing around February 14, 2028. These unsecured debt notes pay contingent coupons only when the stock closes at or above a preset coupon barrier on observation dates.

The notes can be automatically called quarterly after six months if the stock closes at or above its initial level, in which case investors receive principal plus any due coupon and no further payments. If not called, and at maturity the stock is at or above a downside threshold, principal is repaid; if it is below that threshold, repayment is reduced in line with the stock’s decline, and investors can lose all of their investment.

Any payment depends on the creditworthiness of UBS, the notes will not be listed on an exchange, the minimum investment is 100 notes at $10 each, and the estimated initial value per $10 note is expected to be between $9.42 and $9.67.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of MercadoLibre, Inc., with a term of approximately two years, maturing on about February 14, 2028. These unsecured debt securities pay a contingent coupon only when the stock closes at or above a coupon barrier on scheduled observation dates.

The notes can be automatically called early if the stock closes at or above its initial level on any observation date before maturity, returning the $10 principal per note plus the due coupon. If not called and the final stock level is at or above a downside threshold set at 75% of the initial level, investors receive their principal back at maturity, potentially with a final coupon. If the final level is below this threshold, repayment is reduced in line with the stock’s loss, and the entire investment can be lost. A hypothetical structure shows a contingent coupon rate of 17.71% per annum and a minimum investment of 100 notes at $10 each, while the estimated initial value is expected between $9.40 and $9.65 per note. The notes are not listed, are not bank deposits or FDIC insured, and all payments depend on the creditworthiness of UBS.

UBS AG is offering $380,000 of Trigger Autocallable Contingent Yield Notes linked to Constellation Energy Corporation common stock, maturing on February 14, 2028.

The notes pay contingent quarterly coupons only when the stock closes at or above a preset coupon barrier on each observation date and can be automatically called after six months if the stock is at or above its initial level, returning principal plus that period’s coupon. If not called, principal is repaid at maturity only if the final stock level is at or above a downside threshold; otherwise investors suffer a loss matching the stock’s percentage decline and could lose their entire investment. The notes are unsecured UBS debt, sold in $10 denominations with a minimum $1,000 investment, and initially valued at $9.80 per note.

UBS AG is issuing $128,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of Marvell Technology, Inc., maturing on February 12, 2027. The notes pay a contingent coupon only if Marvell’s share price is at or above a preset coupon barrier on each observation date.

The notes may be automatically called before maturity if the stock closes at or above the initial level on an observation date, in which case investors receive $10 per note plus any due coupon and no further payments. If not called, and the final stock level is at or above the downside threshold, investors receive the $10 principal at maturity, potentially with a final coupon.

If the final level is below the downside threshold, repayment is reduced in line with the stock’s percentage decline, and investors can lose most or all of their principal. Payments depend on UBS’s credit, the notes are not FDIC insured, will not be listed on an exchange, and the estimated initial value per $10 note is $9.82.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Netflix common stock, maturing February 14, 2028. Each Note has a $10 principal amount and pays a contingent coupon only when Netflix’s closing price on an observation date is at or above a preset coupon barrier.

If on any observation date before maturity Netflix closes at or above the initial level, the Notes are automatically called and investors receive $10 per Note plus the applicable contingent coupon, with no further payments. If the Notes are not called and Netflix’s final level is at or above the downside threshold, UBS repays the $10 principal at maturity, plus a contingent coupon if the final level also meets the coupon barrier.

If the Notes are not called and the final level is below the downside threshold, repayment is reduced in line with Netflix’s percentage decline, and investors can lose some or all of their principal. The Notes are unsecured debt of UBS, not insured, not listed on any exchange, and their value depends on UBS’s credit. The estimated initial value is $9.74 per $10 Note, and the Notes are offered in minimums of 100 Notes.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Constellation Energy Corporation, maturing on or about February 14, 2028. These unsecured debt obligations pay contingent quarterly coupons only when the stock closes at or above a preset coupon barrier on each observation date.

The notes are automatically called if, on any quarterly observation date beginning after six months, the stock closes at or above its initial level, returning principal plus any due coupon and ending the investment. If the notes are not called and the final stock level is at or above a downside threshold, investors receive principal back at maturity.

If the final level is below the downside threshold, repayment of principal is reduced in line with the stock’s decline, and investors can lose some or all of their initial investment. Payments depend on the creditworthiness of UBS, the notes will not be listed on an exchange, and the minimum investment is 100 notes at $10 each. The estimated initial value per note on the trade date is expected to be between $9.42 and $9.67.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Marvell Technology, Inc., maturing on or about February 12, 2027. These unsecured debt obligations pay contingent coupons only when the stock closes at or above a preset coupon barrier.

The notes can be automatically called before maturity if the stock closes at or above its initial level on an observation date, returning principal plus the applicable contingent coupon and ending further payments. If not called, principal is repaid at maturity only if the final stock level is at or above a downside threshold.

If the notes are not called and the final stock level is below the downside threshold, repayment is reduced in line with the stock’s decline, and holders can lose all of their initial investment. All payments depend on the creditworthiness of UBS, and the notes will not be listed on any exchange.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Netflix, Inc., maturing on or about February 14, 2028. These unsecured debt securities pay a contingent coupon only when Netflix’s closing level on an observation date is at or above a preset coupon barrier.

The notes are automatically called early if Netflix’s closing level on any observation date before the final valuation date is at or above the initial level, returning principal plus the applicable contingent coupon, with no further payments. If not called, and Netflix’s final level is at or above a downside threshold, investors receive principal at maturity; if it is below, repayment is reduced in line with the stock’s decline and can fall to zero.

All payments depend on UBS’s creditworthiness and the notes may not return principal, pay any coupons, or have any secondary market. They are unlisted, sold in minimums of 100 notes at $10 each, and have an estimated initial value between $9.44 and $9.69 per note based on UBS internal models.

UBS AG is offering $400,000 of Trigger Autocallable Contingent Yield Notes linked to Snowflake Inc. common stock, maturing February 12, 2027. These unsecured notes pay a contingent coupon only when Snowflake’s closing price on an observation date is at or above a preset coupon barrier.

The notes can be called early if Snowflake’s price on any observation date before maturity is at or above the initial level, in which case investors receive $10 per note plus the applicable coupon and no further payments. If not called, full principal is repaid at maturity only if the final price is at or above the downside threshold.

If the final price is below the downside threshold, repayment is reduced dollar-for-dollar with Snowflake’s percentage decline, and investors can lose all principal. The coupon rate in the example is 24.57% per year with a barrier and downside threshold at 65% of the initial level. All payments depend on UBS’s credit, and the notes are not listed, with a minimum investment of 100 notes at $10 each.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Snowflake Inc., maturing on or about February 12, 2027. These are unsecured, unsubordinated debt obligations of UBS and are not bank deposits or FDIC insured.

Investors receive contingent coupons only if Snowflake’s closing share price on each observation date is at or above a preset coupon barrier. The notes may be automatically called early if the share price is at or above the initial level on any observation date, in which case investors receive principal plus the applicable coupon and the notes terminate.

If the notes are not called and Snowflake’s final share price is at or above a downside threshold, investors receive full principal at maturity, plus any final coupon if the barrier is met. If the final price is below the downside threshold, repayment is reduced in line with Snowflake’s percentage decline, and investors could lose their entire investment.

The notes will not be listed on any exchange, have a minimum investment of 100 notes at $10 each, and an estimated initial value between $9.43 and $9.68 per note based on UBS internal models. All payments depend on UBS’s creditworthiness; a UBS default could result in loss of principal and coupons.

UBS AG is offering $250,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of Palantir Technologies Inc., maturing on February 12, 2027. These are unsubordinated, unsecured debt obligations of UBS.

Investors receive contingent coupons only when Palantir’s closing share price on an observation date meets or exceeds a preset coupon barrier; otherwise no coupon is paid for that period. The notes can be automatically called before maturity if the share price is at or above the initial level, in which case investors receive principal plus any due coupon and the product terminates. If not called, principal is repaid at maturity only if the final share price is at or above a downside threshold; below that level, repayment is reduced in line with Palantir’s decline and investors can lose all principal. The notes are not listed, are sold in minimums of 100 notes at $10 each, and had an estimated initial value of $9.77 per note, with all payments subject to UBS’s creditworthiness.

UBS AG is offering $295,000 of Trigger Autocallable Contingent Yield Notes linked to Amazon.com, Inc. common stock, maturing on February 14, 2028. These are unsecured debt obligations of UBS with a principal amount of $10 per Note.

Holders receive a contingent coupon only if Amazon’s closing share price on a quarterly observation date is at or above a preset coupon barrier; otherwise no coupon is paid for that period. The Notes are automatically called if, after six months, Amazon’s price on any observation date is at or above the initial level, in which case investors receive principal plus that period’s contingent coupon and the Notes terminate.

If the Notes are not called and Amazon’s final level on the valuation date is at or above the downside threshold, investors receive full principal at maturity. If the final level is below the downside threshold, repayment is reduced in line with the stock’s decline, and investors can lose all of their initial investment. The estimated initial value is $9.77 per $10 Note, the minimum investment is 100 Notes ($1,000), the Notes will not be listed on any exchange, and all payments depend on UBS’s creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Palantir Technologies Inc., maturing around February 12, 2027. These unsecured debt notes pay a contingent coupon only when Palantir’s closing share price on an observation date is at or above a coupon barrier.

The notes can be automatically called early if Palantir’s share price is at or above the initial level on any observation date before final valuation, returning principal plus the applicable coupon and ending the investment. If not called, and the final share price is at or above a downside threshold, investors receive principal back at maturity, plus any final coupon if the coupon barrier is met.

If the notes are not called and the final share price is below the downside threshold, repayment is reduced in line with the stock’s decline, and investors can lose all principal. Payments depend on UBS’s credit. The notes are not listed, are sold in $10 denominations with a $1,000 minimum, and have an estimated initial value between $9.42 and $9.67 per note.

UBS AG is offering $205,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of Eli Lilly and Company, maturing on February 12, 2029. These unsecured debt notes pay a contingent coupon only when Eli Lilly’s closing stock price on an observation date is at or above a preset coupon barrier; otherwise, no coupon is paid for that period.

The notes may be automatically called before maturity if Eli Lilly’s stock closes at or above the initial level on any observation date, in which case investors receive the $10 principal per Note plus any due contingent coupon, and the product terminates. If the notes are not called and the final stock level is at or above the downside threshold, investors receive full principal back at maturity, plus any final contingent coupon if the coupon barrier is also met. If the final level is below the downside threshold, repayment is reduced in line with the stock’s percentage decline, and investors can lose all of their investment.

The example terms use an 8.21% per annum contingent coupon rate with both the coupon barrier and downside threshold at 60% of the initial level. The notes are sold in minimum denominations of 100 Notes at $10 per Note, with an estimated initial value of $9.71 per Note. All payments depend on UBS’s creditworthiness, and the notes will not be listed on any exchange.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Amazon.com, Inc., maturing around February 14, 2028. These unsecured debt obligations pay a contingent coupon only when the stock closes at or above a coupon barrier on scheduled observation dates.

The notes are automatically called early if Amazon’s stock closes at or above the initial level on any quarterly observation date after six months, in which case investors receive principal plus the applicable contingent coupon and no further payments. If the notes are not called and the final stock level is at or above a downside threshold, investors receive principal back at maturity; if it is below the downside threshold, repayment is reduced in line with the stock’s decline and losses can reach 100% of principal.

The notes are not listed on any exchange, carry UBS credit risk, and are sold in minimums of 100 notes at $10 each. The estimated initial value per note on the trade date is expected to be between $9.42 and $9.67, reflecting UBS’ internal pricing models and funding rate.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Eli Lilly and Company, maturing on or about February 12, 2029.

The Notes pay contingent coupons only if the stock closes at or above a coupon barrier on each observation date; otherwise, no coupon is paid. They may be automatically called early if the stock closes at or above the initial level, returning principal plus the applicable coupon and ending further payments.

If not called and the final stock level is at or above the downside threshold, investors receive only the $10 principal per Note at maturity, plus any final coupon. If the final level is below the downside threshold, repayment is reduced in line with the stock’s decline and can fall to zero, causing a total loss. All payments depend on the creditworthiness of UBS. The minimum investment is 100 Notes at $10 each, and the estimated initial value is expected between $9.37 and $9.62 per Note.