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 ServiceNow, Inc. The Notes have a principal amount of $10 per Note, a trade date of July 1, 2026, expected settlement on July 6, 2026, a final valuation date of July 1, 2027 and expected maturity on July 6, 2027. The Notes may pay periodic contingent coupons only if the underlying closing level meets the coupon barrier on observation dates and may 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, repayment of principal at maturity is contingent on the final level relative to a downside threshold; if the final level is below that threshold, investors will incur a loss equal to the percentage decline in the underlying. Any payments are subject to the creditworthiness of UBS. The estimated initial value range on the trade date is between $9.42 and $9.67. The Notes are offered in minimum blocks of 100 Notes ($1,000).

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Intel common stock with a final valuation date of July 3, 2028 and maturity on July 6, 2028. The Notes pay contingent coupons only when the underlying closing level meets or exceeds a coupon barrier and will be automatically called early if the underlying closing level on any observation date prior to the final valuation date is equal to or greater than the initial level. If not called, principal is repaid at maturity only if the final level is at or above the disclosed downside threshold; otherwise principal is reduced pro rata to the underlying return, potentially resulting in total loss. Trade date is July 1, 2026

The offering has a minimum investment of 100 Notes at $10 per Note; the issuer’s estimated initial value is $9.76 per Note. Examples in the document show a hypothetical contingent coupon rate of 33.06% per annum, coupon payments of $0.8265 and sample maturity outcomes including a payment of $3.00 per Note in a deep-loss scenario. All payments, including principal, are subject to UBS credit risk and the Notes will not be listed on an exchange.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of United Airlines Holdings, Inc., due July 6, 2028. The Notes pay a contingent coupon only when the underlying closing level on an observation date meets or exceeds a coupon barrier; otherwise no coupon is paid. The Notes are automatically called if the underlying closing level on any quarterly observation date (beginning after six months) is equal to or greater than the initial level, in which case holders receive the principal plus any contingent coupon then due. 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 proportionally and investors can lose a significant portion or all of their principal. Key terms include a trade date of July 1, 2026, settlement July 6, 2026, final valuation date July 3, 2028 and maturity July 6, 2028. Minimum purchase is 100 Notes at $10 per Note; the estimated initial value was $9.80 per Note. All payments are subject to UBS’s creditworthiness; the Notes are not FDIC insured.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to United Airlines Holdings, Inc. stock due on or about July 6, 2028. The Notes pay periodic contingent coupons only when the underlying closing level meets or exceeds a coupon barrier on observation dates and may auto‑call quarterly if the underlying equals or exceeds the initial level. If not called, principal repayment at maturity is contingent: full principal is payable only if the final level is at or above the downside threshold; if below, principal is reduced proportional to the underlying return and investors could lose all principal. Payments depend on UBS creditworthiness. Trade date is July 1, 2026; settlement expected July 6, 2026. The Notes have a $10 principal per Note, minimum purchase 100 Notes, and an estimated initial value range of $9.42 to $9.67 as of the trade date.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Intel Corporation, with a preliminary pricing supplement dated July 01, 2026. The notes have an expected trade date of July 1, 2026, settlement on July 6, 2026, a final valuation date of July 3, 2028 and a maturity date of July 6, 2028.

The Notes pay contingent coupons only if the underlying closing level on each observation date meets or exceeds a coupon barrier; they are automatically called 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 if the final level is at or above the downside threshold; otherwise principal is reduced proportionally to the underlying return, and investors could lose a substantial portion or all of their investment. Payments are subject to the creditworthiness of UBS AG.

UBS AG is offering $850,000 of Conversion Yield Notes linked to the performance of a 20‑Year U.S. Treasury Bond (CUSIP US90265WEB28). The Notes pay a 6.20% coupon and mature on January 6, 2027 (final valuation date December 29, 2026). Each Note has a $1,000 principal amount and a conversion price of $101.8588, which implies a physical delivery amount of 9.8175 UST per Note if the final clean price is below the initial clean price. The estimated initial value on the trade date is $983.80, below the issue price. Repayment of principal is contingent on the underlying UST performance and is subject to UBS credit risk; holders may receive the physical delivery amount or cash in lieu, potentially resulting in a loss of principal.

UBS AG published a preliminary pricing supplement for Contingent Income Auto-Callable Securities linked to the Class A common stock of Alphabet Inc.

Each security has a $1,000 stated principal amount, offers a contingent payment of $25.125 (equivalent to 10.05% per annum) on specified determination dates, and pays no contingent amounts if the underlying closes below a 60.00% downside threshold. The call threshold equals 100.00% of the initial price. Expected pricing date is July 10, 2026, original issue date around July 15, 2026, and expected maturity is about July 13, 2029. Payments, early redemption and any return of principal are subject to UBS AG credit risk; if not redeemed early and the final price is below the downside threshold UBS will deliver cash in lieu of shares and investors may lose a significant portion or all of their investment.

UBS AG is offering $3,427,000 aggregate principal amount of Capped Buffer Securities linked to the S&P 500® Index, maturing on July 7, 2027. The notes provide up to a 12.90% capped gain at maturity and offer a 15.00% downside buffer: if the final index level is at or above the downside threshold, principal is returned; if below, principal is reduced proportionally beyond the buffer.

The securities are unsecured debt of UBS and carry credit risk of the issuer. Issue price is $1,000 per Security (estimated initial value $991.40); underwriting discount is $5.00 per Security and proceeds to UBS are approximately $995.00 per Security. Secondary market liquidity is limited and payments depend on UBS’s creditworthiness.

UBS AG is offering $152,000 aggregate principal amount of Capped Buffer Contingent Absolute Return Securities at an issue price of $1,000 per Security with an estimated initial value of $981.60. Each Security has a term of approximately 18 months from the Trade Date: June 30, 2026 to maturity on January 4, 2028. Payments at maturity are linked to the least performing of the Dow Jones Industrial Average and the S&P 500.

Key economics: a Maximum Upside Gain of 18.25% (maximum payment $1,182.50 per $1,000 Security), a Buffer of 15.00%, and a contingent absolute return feature capped at 15.00%. If the least performing underlying asset finishes below its downside threshold (85.00% of its initial level), holders may suffer losses of principal, potentially losing almost all invested capital. Payments depend on UBS creditworthiness.

UBS AG is offering $1,219,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of Arista Networks, Inc., with a maturity date of July 6, 2029. The Notes pay a contingent coupon of 23.60% per annum if the underlying closes at or above the coupon barrier on observation dates and may be automatically called if the underlying equals or exceeds the call threshold. At maturity holders receive principal only if the final level is at or above the downside threshold; otherwise principal is reduced pro rata with the underlying return and full loss of principal is possible. All payments are subject to UBS credit risk and the Notes will not be listed on an exchange.

UBS AG is offering $2,014,000 of Trigger Autocallable Contingent Yield Notes with Memory Interest linked to Constellation Energy Corporation common stock. The Notes pay a contingent coupon of $32.50 per quarter (13.00% per annum) if the underlying meets the coupon barrier on observation dates, are callable early at the call threshold ($248.37, 100.00% of the initial level) and at maturity pay $1,000 in cash if the final level is at or above the downside threshold ($124.19, 50.00% of the initial level) or deliver approximately 4.0263 shares per Note if the final level is below that threshold. The estimated initial value per Note is $975.60, below the issue price of $1,000. Payments and principal are subject to UBS credit risk and the notes are not exchange-listed.

UBS AG is offering Trigger Autocallable Notes linked to the least performing of Berkshire Hathaway Class B (BRK/B), Johnson & Johnson (JNJ) and the State Street Energy Select Sector SPDR ETF (XLE). The offering totals $635,000 at an issue price of $1,000 per Note with an estimated initial value of $987.50. The Notes have annual observation dates, may be automatically called if each underlying is at or above its call threshold, pay a scheduled call price (call return rate 20.55% per annum) if called, and otherwise provide contingent repayment at maturity of $1,000 × (1 + underlying return of the least performing underlying asset), exposing holders to potential principal loss. The Notes mature on July 3, 2031 and payments depend on UBS’ creditworthiness.

The issuer UBS AG is offering $715,000 of Trigger Autocallable Contingent Yield Notes with Memory Interest linked to the common stock of First Solar, Inc. (ticker FSLR). Each $1,000 Note carries a contingent coupon rate of 18.63% per annum, an Initial Level of $235.96, a Call Threshold equal to $235.96 (100% of the Initial Level) and a Coupon Barrier/Downside Threshold equal to $117.98 (50% of the Initial Level). The Notes mature on January 3, 2028, are subject to automatic early call on quarterly observation dates, pay contingent coupons only if the underlying meets the coupon barrier (with a memory feature for unpaid coupons), and expose holders to principal loss at maturity if the final level is below the downside threshold. Payments are unsecured obligations of UBS and depend on UBS creditworthiness. The estimated initial value per Note on the trade date was $965.60.

UBS AG is offering 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 final maturity on or about July 12, 2029. The notes pay a contingent coupon of 14.75% per annum only when each underlying asset meets its coupon barrier on an observation date; otherwise no coupon is paid. UBS may call the notes monthly beginning after three months; if not called, principal repayment at maturity depends on whether each underlying asset is at or above a downside threshold of 70.00% of its initial level. The issue price is $1,000.00 per note, the underwriting discount is $4.00 per note, and estimated initial value is between $964.60 and $994.60 as of the trade date.

UBS AG is offering $1,148,000 of Trigger Autocallable Contingent Yield Notes linked to Constellation Energy Corporation common stock due July 2, 2029. The Notes pay a 17.00% per annum contingent coupon on an observation date only if the underlying closing level is at or above the coupon barrier, are subject to quarterly observation dates and an automatic call if the underlying closes at or above the call threshold, and repay principal at maturity only if the final level is at or above the downside threshold. The Notes have an Initial Level of $248.37, a Call Threshold of $248.37 (100.00% of Initial Level) and a Downside Threshold/Coupon Barrier of $149.02 (60.00% of Initial Level). The estimated initial value per Note on the trade date was $969.50, the issue price per Note is $1,000, and payments are subject to UBS credit risk. Trade date: June 30, 2026; Settlement: July 6, 2026; Final Valuation Date: June 27, 2029; Maturity: July 2, 2029.

UBS AG is offering $646,000 of Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500. The Notes have a $1,000 principal amount, trade date June 30, 2026, settlement July 6, 2026 and maturity July 6, 2029.

The Notes pay a fixed contingent coupon of 11.00% per annum on each coupon payment date only if the closing level of each underlying asset is at or above its coupon barrier on the related observation date. UBS may call the Notes in whole on any monthly observation date beginning after three months. If UBS does not call the Notes and the final level of any underlying asset is below its downside threshold, the payment at maturity is reduced pro rata based on the negative return of the least performing underlying asset; in extreme cases you could lose all of your initial investment. Payments are subject to UBS’s creditworthiness. The estimated initial value on the trade date was $983.30 per Note.

UBS AG is offering $7,919,000 of Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100® Technology Sector, the Russell 2000® Index and the S&P 500® Index. The Notes pay periodic contingent coupons only if each underlying asset is at or above its coupon barrier on an observation date, are callable by UBS beginning after three months, and repay principal at maturity only if each underlying asset is at or above its 60% downside threshold on the final valuation date; otherwise repayment at maturity will be reduced in proportion to the negative return of the least performing underlying asset. The Notes mature on January 5, 2029 and are unsecured obligations of UBS subject to UBS credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the Solactive U.S. Large Cap Volatility Navigator 40 Index. Each Note has a principal amount of $1,000, a contingent coupon rate of 19.50% per annum (paid only if observation-date conditions are met), monthly observation dates (callable after six months), an initial estimated value range of $929.00–$959.00, an expected trade date of July 9, 2026, settlement on July 14, 2026 and maturity on or about July 14, 2031. The Notes may be automatically called if the underlying index meets or exceeds the call threshold (equal to 100.00% of the initial level) on an observation date; if not called, principal repayment at maturity depends on the final index level relative to the downside threshold (50.00% of initial level) and investors may lose a significant portion or all principal. Payments, including principal, are subject to UBS credit risk and the Notes will not be exchange-listed.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100® Technology Sector, the Russell 2000® Index and the S&P 500® Index. The notes pay a contingent coupon of 10.25% per annum when each underlying meets its coupon barrier and are issuer-callable on monthly observation dates beginning after three months.

Each Note has a principal amount of $1,000, expected trade/settlement dates of July 14, 2026 / July 17, 2026, and a maturity around July 19, 2029. Coupon barriers are set at 70% of initial levels and downside thresholds at 60%. The estimated initial value range on the trade date is $940.30 to $970.30, below the issue price, and payments are subject to UBS credit risk.

UBS AG is offering $4,520,000 of Trigger Autocallable Contingent Yield Notes with Memory Interest linked to the least performing of Apple Inc. common stock and Amazon.com, Inc. common stock. The Notes are sold at $1,000 per Note, pay a contingent coupon of 12.00% per annum (a $30.00 contingent coupon per payment date), and have a principal amount of $1,000 per Note. Key dates: trade date June 30, 2026, settlement July 6, 2026, final valuation date December 30, 2027, maturity January 4, 2028. Initial levels: Apple $289.36, Amazon $238.34; call thresholds equal 100.00% of initial levels and downside thresholds equal 60.00% of initial levels. The estimated initial value per Note is $986.20, and proceeds to UBS are $4,452,200. Payments, including repayment of principal, depend on the closing levels of the underlying assets at observation dates and on UBS’ creditworthiness.

UBS AG offers $4,265,000 of Trigger Autocallable Contingent Yield Notes with Memory Interest linked to Oracle Corporation common stock due July 5, 2029. The Notes pay a contingent coupon of 17.06% per annum when the underlying closes at or above the coupon barrier on observation dates and feature an automatic call at a call threshold equal to $146.55 (100% of the initial level). If not called, principal is repaid in cash at maturity only if the final level is at or above the downside threshold of $73.28 (50% of initial level); otherwise holders receive a share delivery amount of 6.8236 shares per $1,000 Note (or cash in lieu of fractional shares), which can result in a substantial or total loss of principal. The issue price is $1,000 per Note; the estimated initial value was $963.90. Payments depend on UBS creditworthiness and market outcomes; these Notes are not listed and may have little or no secondary market.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Thomson Reuters common stock with a $455,000 issue size and $1,000 principal per Note. The Notes pay a 21.60% per annum contingent coupon only when the underlying meets the coupon barrier on observation dates and may be automatically called if the underlying meets the 100% call threshold. At maturity the principal is repaid only if the final level is at or above the $49.00 downside threshold (60.00% of the initial level); otherwise investors suffer a loss equal to the underlying decline, up to a total loss of principal. All payments depend on UBS creditworthiness; the estimated initial value per Note on the trade date was $965.10 and the issue price is $1,000 per Note.

UBS AG is offering $3,514,000 of Trigger Autocallable Contingent Yield Notes with Memory Interest linked to the least performing of Amazon.com, Inc. (AMZN) and Alphabet Inc. Class A (GOOGL). The Notes pay a contingent coupon of 13.20% per annum when both underlyings meet coupon barriers on observation dates, can be automatically called if both underlyings meet call thresholds, and mature on July 6, 2029 with contingent principal repayment tied to the least performing underlying. Initial levels are $238.34 for AMZN and $357.37 for GOOGL; coupon barriers and downside thresholds are $143.00 (60.00%) and $214.42 (60.00%), respectively. The estimated initial value per Note is $978.00 versus an issue price of $1,000.00. All payments are subject to UBS credit risk and observation dates may be postponed "subject to postponement in the event of a market disruption event".

UBS AG is offering Trigger Autocallable Notes linked to the least performing of the Dow Jones Industrial Average, the Nasdaq-100 and the EURO STOXX 50. The Notes have a principal amount of $1,000 per Note, a scheduled maturity date of July 25, 2031 and quarterly observation dates beginning after 12 months. UBS will automatically call the Notes if on any observation date the closing level of each underlying asset is equal to or greater than its call threshold; a call pays a pre-specified call price that increases the longer the Notes remain outstanding. If not called, repayment at maturity is either $1,000 (if each final level is at or above its downside threshold) or $1,000 multiplied by (1 + underlying return of the least performing underlying asset), which can result in a loss up to the full principal. Payments are subject to UBS credit risk. The estimated initial value range on the trade date is between $922.40 and $952.40.

The issuer UBS AG is offering Trigger Callable Contingent Yield Notes with Memory Interest linked to the least performing of the Dow Jones Industrial Average®, the Russell 2000® Index and the EURO STOXX 50® Index. The Notes have a $1,000 principal per Note, an expected trade date of July 7, 2026, settlement July 10, 2026 and maturity July 10, 2031. The Notes pay periodic contingent coupons only if all three underlying assets meet coupon barriers on an observation date and include a memory interest feature for unpaid coupons. UBS may call the Notes in whole on monthly observation dates beginning after 12 months. At maturity, if any underlying asset is below its downside threshold (60.00% of initial level), principal repayment is reduced proportionally to the negative return of the least performing underlying asset; in extreme cases investors could lose their entire principal. The issue price includes an underwriting discount and estimated initial value is stated between $961.90 and $991.90 per Note.

UBS AG is offering Trigger Callable Contingent Yield Notes due July 6, 2029 linked to the least performing of the Dow Jones Industrial Average, the Nasdaq-100 Technology Sector and the Russell 2000. The offering totals $2,630,000 in principal at an issue price of $1,000 per Note. Each Note pays a periodic contingent coupon of 10.20% per annum only if, on an observation date, the closing level of each underlying asset is at or above its coupon barrier. UBS may call the Notes in whole on monthly observation dates beginning after three months; if not called, repayment at maturity depends on the least performing underlying asset relative to its downside threshold, potentially resulting in significant principal loss or total loss. The estimated initial value per Note on the trade date is $965.70, and all payments remain subject to the creditworthiness of UBS.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100® Technology Sector, the Russell 2000® Index and the S&P 500® Index maturing on June 6, 2028. Each Note has a $1,000 principal amount, a 10.65% per annum contingent coupon rate and is callable by UBS on monthly observation dates beginning after three months. Contingent coupons are paid only if every underlying asset meets its coupon barrier on an observation date; principal repayment at maturity is conditional on each underlying asset meeting its 60.00% downside threshold of its initial level. The offering size is $1,620,000 and the estimated initial value per Note on the trade date was $984.20. The Notes are unsecured obligations of UBS and any payments depend on UBS creditworthiness; holders may lose a significant portion or all of their investment if the least performing underlying asset falls below its downside threshold.

UBS AG offers Trigger Callable Contingent Yield Notes linked to the least performing of the S&P 500, Russell 2000 and Nasdaq-100, with scheduled maturity on or about June 12, 2028. The notes pay a contingent coupon of 12.35% per annum when each underlying meets its coupon barrier and are issuer-callable monthly beginning after three months.

Key economic features disclosed: issue price per note $1,000, estimated initial value range $959.90–$989.90, downside thresholds and coupon barriers set at 70.00% of initial levels, underwriting discount up to $7.25 and minimum proceeds to UBS of $992.75 per note. Holders face full credit risk of UBS and principal repayment at maturity is contingent on final index levels; if the least performing underlying finishes below its downside threshold, holders can lose a significant portion or all of their investment.

UBS AG is offering $930,000 of Trigger Autocallable Contingent Yield Notes linked to Spotify Technology S.A. The Notes pay a $45 contingent coupon per quarter (an 18.00% per annum rate) only if Spotify's closing level on an observation date meets or exceeds the coupon barrier.

The issue price is $1,000 per Note (principal $1,000), estimated initial value $973.50 per Note, trade date June 30, 2026, settlement July 6, 2026, final valuation date July 2, 2029, maturity July 6, 2029. Initial Level is $459.13; the call threshold equals $459.13 (100% of initial level); coupon barrier and downside threshold equal $275.48 (60% of initial level). At maturity, if the final level is below the downside threshold, principal repayment is reduced pro rata and full loss is possible. All payments are subject to UBS credit risk.

UBS AG offers Buffer Autocallable GEARS linked to an unequally weighted basket of five equity indices (EURO STOXX 50, Nikkei 225, FTSE 100, SMI, S&P/ASX 200). The notes have an expected term of approximately 3 years with an observation date of July 22, 2027 and a maturity date of July 18, 2029. Key economic terms on the cover: 12.00% call return rate if automatically called, an autocall barrier equal to 100.00% of the initial basket level, a downside threshold at 90.00% and a 10.00% buffer. Upside gearing will be set between 1.650 and 1.865 on the trade date. Minimum investment is 100 Securities at $10.00 per Security; UBS discloses an estimated initial value range of $9.45 to $9.75 and an underwriting discount of $0.25 per Security (proceeds to UBS $9.75 per Security). Payments (including principal) depend on UBS creditworthiness and the performance of the underlying basket; if the final basket level is sufficiently low you may lose some or almost all of your investment.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Dow Jones Industrial Average®, the Nasdaq-100® and the S&P 500®. The offering size is $637,000 and each Note has a $1,000 principal amount.

The Notes pay a periodic contingent coupon of 12.30% per annum (a stated contingent coupon of $10.25 per Note on applicable coupon payment dates) only if each index is at or above its coupon barrier on an observation date. The Notes are callable by UBS beginning after three months; maturity is September 2, 2027. If not called, principal is repaid only if every underlying index is at or above its 70.00% downside threshold of initial levels; otherwise repayment is reduced proportionally to the percentage decline of the least performing index, potentially resulting in loss of most or all principal. Payments are subject to UBS credit risk. The estimated initial value per Note on the trade date was $991.40.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Dow Jones Industrial Average, the Nasdaq-100 and the S&P 500. The notes trade on June 30, 2026, settle on July 6, 2026, have monthly observation dates, a final valuation date of September 30, 2027, and maturity on October 5, 2027.

The notes pay a contingent coupon only if each index is at or above its coupon barrier on an observation date; UBS may call the notes in whole on observation dates beginning after three months. Repayment at maturity is contingent: if any underlying index is below its downside threshold (70% of the initial level), holders suffer a loss equal to the decline of the least performing underlying asset. The issue price exceeds the notes' estimated initial value of $992.70 per note, and all payments depend on UBS' creditworthiness.

UBS AG is offering $1,855,000 of Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500. The Notes have a $1,000 principal per Note, trade date June 30, 2026, settlement July 6, 2026, final valuation July 2, 2029 and maturity July 6, 2029.

Holders may receive a monthly contingent coupon (the stated contingent coupon rate is 12.00% per annum, $10.00 per Note per coupon date) only if each underlying index closes at or above its coupon barrier on an observation date. UBS may call the Notes in whole on monthly observation dates beginning after three months. Repayment of principal at maturity is contingent: if the final level of any underlying index is below its downside threshold (70% of its initial level), holders suffer a loss equal to the negative return of the least performing underlying asset and could lose all principal. Payments are unsecured and subject to UBS credit risk. The estimated initial value per Note is $983.10 and the issue price per Note is $1,000.

UBS AG offers $1,216,000 of Buffer Callable Contingent Yield Notes linked to the least performing of the Russell 2000® Index and the S&P 500® Index, maturing on April 6, 2029. Each Note has a $1,000 principal amount and pays a 11.30% per annum contingent coupon only if both underlyings meet monthly coupon barriers. The Notes are issuer-callable beginning after six months on monthly observation dates; if called UBS will return principal plus any contingent coupon then due. If not called, repayment at maturity is contingent: full principal is returned only if both final levels are at or above the downside thresholds (each equal to 85.00% of the initial level); otherwise principal is reduced based on the performance of the least performing underlying, subject to a 15.00% buffer. The issue price is $1,000 per Note, and the estimated initial value is $988.60. Payments are unsecured obligations of UBS and depend on UBS creditworthiness.

The issuer, UBS AG, is offering Trigger Autocallable GEARS linked to an unequally weighted basket of five equity indices with an expected term of approximately five years and an autocall observation date of July 22, 2027. The cover terms show a call return rate of 14.00%, an upside gearing range of 1.700 to 1.915, an autocall barrier equal to 100.00% of the initial basket level and a downside threshold equal to 75.00% of the initial basket level. Securities are offered at $10.00 per Security (minimum 100 Securities) and the estimated initial value range is $9.421 to $9.721 per Security. Payments depend on whether an automatic call occurs and on final basket performance; repayment of principal is contingent on UBS’ creditworthiness.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the S&P 500®, Russell 2000® and Nasdaq-100® Technology Sector. The offering totals $2,546,000 (priced at $1,000 per Note) with proceeds to UBS of $995 per Note. The Notes pay a 14.00% per annum contingent coupon on an observation date only if each underlying asset meets its coupon barrier. UBS may call the Notes monthly beginning after approximately three months; if not called, repayment at maturity depends on the final levels relative to the 60.00% downside thresholds and may result in loss of principal equal to the decline of the least performing underlying asset.

The estimated initial value per Note was $991.90 as of the trade date; payments and any principal repayment remain subject to UBS creditworthiness. The Notes will not be listed on an exchange.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100® Technology Sector and the Russell 2000® Index, maturing June 2, 2028. The offering aggregates $340,000 at $1,000 per Note. Each Note pays a 13.30% per annum contingent coupon only if both underlying assets meet their coupon barriers on observation dates; otherwise no coupon is paid. Notes are callable monthly by UBS beginning after six months; if not called and any underlying asset finishes below its 70.00% downside threshold, principal is reduced pro rata to the percentage decline of the least performing underlying asset, potentially resulting in a total loss. The estimated initial value as of the trade date is $988.10. Payments and principal are subject to UBS credit risk; Notes will not be listed on an exchange.

UBS AG offers $2,134,000 of Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100, Russell 2000 and EURO STOXX 50, due July 3, 2031. The Notes pay a $33.25 contingent coupon per Note when all three indices meet 70% coupon barriers on an observation date; otherwise no coupon is paid. UBS may call the Notes on quarterly observation dates, in which case holders receive principal plus any contingent coupon then due. If not called, principal is repaid at maturity only if each index is at or above its 60% downside threshold; otherwise payment equals $1,000 × (1 + Underlying Return of the Least Performing Underlying Asset), exposing holders to up to a total loss. The estimated initial value per Note is $991.40 and the issue price per Note is $1,000.00.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the S&P 500®, Russell 2000® and Nasdaq-100®. The notes pay a contingent coupon of 12.70% per annum only if each underlying meets its coupon barrier on observation dates and are issuer-callable monthly beginning about three months after issuance. If not called, principal repayment at maturity depends on the final level of the least performing underlying versus a 70.00% downside threshold; a final level below that threshold produces a principal loss equal to that underlying return. The issue price is $1,000 per note, the estimated initial value is $953.60 to $983.60, and the underwriting discount is up to $9.00 per note. Any payment is subject to UBS credit risk.

UBS AG is offering Buffer Autocallable GEARS linked to the Russell 2000® Index due on or about July 18, 2029. The securities are issued at an issue price of $10.00 per Security (minimum $1,000 investment) and have an estimated initial value of $9.45–$9.75 as of the trade date.

The terms include an autocall opportunity (observation date July 22, 2027) with a call return rate of 11.00% (call price $11.10), an upside gearing to be set between 1.45 and 1.71, a 10.00% buffer, an autocall barrier equal to 100.00% of the initial level, and a downside threshold equal to 90.00% of the initial level. Key dates include trade date July 15, 2026, settlement July 17, 2026, final valuation date July 16, 2029, and maturity July 18, 2029.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the S&P 500®, the Nasdaq-100® Technology Sector and the Russell 2000® Index. The offering aggregates $892,000 and is issued at $1,000 per Note. Each Note pays a contingent coupon of 13.90% per annum on an observation date only if every underlying asset meets its coupon barrier; otherwise no coupon is paid. UBS may call the Notes monthly beginning after approximately three months; if called you receive principal plus any contingent coupon due on the call settlement date. If not called, principal is repaid at maturity only if each final level is equal to or above its 70.00% downside threshold; otherwise repayment is reduced pro rata by the percentage decline of the least performing underlying asset and you could lose all of your investment. The estimated initial value per Note on the trade date was $987.60. The Notes are unsecured obligations of UBS and are subject to UBS credit risk and limited secondary market liquidity.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the S&P 500® Index and the Nasdaq-100® Technology Sector, maturing on or about August 6, 2029. The Notes pay a contingent coupon only if each underlying asset is at or above its coupon barrier on observation dates; otherwise no coupon is paid. UBS may call the Notes monthly beginning after approximately six months; if called you receive principal plus any contingent coupon then due. At maturity, if the final level of any underlying asset is below its downside threshold (set at 70.00% of its initial level), principal may be reduced pro rata to the performance of the least performing underlying asset, and you could lose a significant portion or all of your investment. The preliminary issue price is $1,000.00 per Note, the underwriting discount is $7.50 per Note, and estimated initial values range from $955.10 to $985.10. The Notes are unsecured obligations of UBS and are exposed to UBS credit risk, liquidity risk, market risk of each underlying asset, and potential conflicts of interest described in the supplement.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the S&P 500®, Russell 2000® and Nasdaq-100, maturing on or about July 31, 2029. The Notes pay a contingent coupon of 10.15% per annum only when each underlying meets its coupon barrier on an observation date; otherwise no coupon is paid. UBS may call the Notes monthly beginning after six months; if not called, principal repayment at maturity depends on the final levels versus 70% downside thresholds, exposing investors to loss equal to the decline of the least performing underlying. Issue price is $1,000 per Note and the estimated initial value range is $936.10–$966.10. Payments are unsecured obligations of UBS and subject to its credit risk.

UBS AG offers Trigger Callable Contingent Yield Notes linked to the least performing of the S&P 500®, Russell 2000® and Nasdaq-100® Technology Sector. The Notes pay a contingent coupon of 11.45% per annum when each underlying meets its coupon barrier on an observation date, are callable monthly by UBS beginning after ~3 months, and pay principal at maturity only if each underlying’s final level is equal to or greater than its 60.00% downside threshold; otherwise repayment at maturity is reduced pro rata to the decline of the least performing underlying asset. Issue price per Note is $1,000, the estimated initial value range is $954.50–$984.50, and the underwriting discount is up to $7.25 per Note. The Notes are unsecured obligations of UBS and repayment depends on UBS’ creditworthiness. Key terms, including final strike and exact dates, will be set on the strike date and appear in the final pricing supplement.

UBS AG is offering Trigger Autocallable Yield Notes linked to the common stock of ON Semiconductor Corporation. The Notes pay a fixed quarterly coupon (annual rate set between 14.75% and 15.75%) and have a principal amount of $1,000 per Note. Trade and settlement are expected on July 15, 2026 and July 20, 2026, respectively, with a final valuation date of July 16, 2029 and maturity on July 19, 2029.

The Notes are subject to an automatic call if the underlying stock's closing level on any observation date (quarterly, beginning after six months) is at or above the call threshold (100% of the initial level as disclosed). If not called and the final level is below the downside threshold (50% of the initial level), principal at maturity can be reduced proportionally to the underlying return; investors can lose a significant portion or all of their investment. Payments depend on UBS's creditworthiness. The estimated initial value range is $939.70 to $969.70 per Note; issue price per Note is $1,000 with an underwriting discount of $25.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of DexCom, Inc., maturing July 3, 2028. The notes pay contingent coupons only when the underlying closing level meets or exceeds a coupon barrier on observation dates and may be automatically called early if the underlying meets or exceeds the initial level on any observation date.

The notes have a principal reference of $10 per Note, a minimum purchase of 100 Notes ($1,000), an estimated initial value of $9.76 as of the trade date, and settlement is expected on July 2, 2026. If not called and the final level is below the downside threshold, principal repayment is contingent and could result in substantial losses, including total loss; all payments are subject to UBS credit risk.

UBS AG issues Trigger Autocallable Contingent Yield Notes linked to United Airlines Holdings, Inc. The Notes pay a contingent coupon only if the underlying share level meets the coupon barrier on observation dates and may be automatically called early if the underlying reaches the initial level on any observation date.

If not called, principal repayment at maturity is contingent: if the final level is at or above the downside threshold, you receive the $10 principal; if below, repayment equals $10 x (1 + underlying return), exposing investors to the full negative return of the underlying and possible loss of the entire principal. Payments depend on UBS creditworthiness. Trade date is June 30, 2026, settlement July 2, 2026, final valuation date June 28, 2029, maturity July 2, 2029.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of DexCom, Inc., due on or about July 3, 2028. The trade date is June 30, 2026 with expected settlement on July 2, 2026. The Notes pay a periodic contingent coupon only if the underlying stock’s closing level on each observation date is at or above a specified coupon barrier. UBS will automatically call the Notes early if the underlying’s closing level on any observation date prior to the final valuation date is at or above the initial level; an automatic call triggers payment of principal plus any contingent coupon then due. If not called, principal repayment at maturity depends on whether the final level is at or above a downside threshold (stated as $70.00 in the examples, equal to 70.00% of the initial level). If the final level is below that threshold, principal is reduced proportionally to the underlying return and you could lose a significant portion or all of your investment. The Notes are unsecured obligations of UBS and any payments are subject to UBS’s creditworthiness. The estimated initial value range per Note on the trade date is between $9.46 and $9.71.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of United Airlines Holdings, Inc. The Notes pay periodic 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 closes at or above the initial level on an observation date.

If not called, principal repayment at maturity depends on the final closing level versus the downside threshold: if the final level is below that threshold, the cash payment may be less than the principal amount, producing a loss equal to the underlying return. All payments are subject to the creditworthiness of UBS. Trade date is June 30, 2026, expected settlement July 2, 2026, final valuation June 28, 2029 and maturity July 2, 2029.