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

UBS AG proposes a preliminary offering of Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500, maturing on or about July 6, 2029. The notes pay a contingent coupon only when each underlying closes at or above its coupon barrier on an observation date; otherwise no coupon is paid. UBS may call the notes monthly (beginning after ~3 months) in whole at its discretion; if not called, principal repayment at maturity depends on whether each underlying's final level is at or above its downside threshold. Key disclosed terms include a 12.00% per annum contingent coupon rate, coupon barriers and downside thresholds set at 70.00% of initial level, a per-note issue price of $1,000.00, an estimated initial value range of $956.70 to $986.70, an underwriting discount up to $9.50, and minimum per-note proceeds to UBS of $990.50. The notes are unsecured obligations of UBS and subject to UBS credit and Swiss regulatory resolution risks described in the supplement.

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 on or about June 14, 2028. The Notes pay a contingent coupon only when each underlying asset is at or above its coupon barrier on observation dates and are callable monthly by UBS beginning ~12 months after issuance. If not called, principal repayment at maturity depends on whether the final level of each underlying asset is at or above its downside threshold; if any final level is below its downside threshold, holders can suffer a loss equal to the percentage decline of the least performing underlying asset, possibly losing the entire investment. The preliminary estimated initial value range is $957.60–$987.60 and the illustrative contingent coupon rate shown is 11.30% per annum. Underwriting compensation may be up to $7.25 per Note and proceeds per Note are at least $992.75. Final terms will be set on the strike date and disclosed in the final pricing supplement.

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. The notes pay a contingent coupon only when each underlying is at or above its coupon barrier on observation dates and are issuer-callable monthly beginning after ~6 months. The preliminary terms show a contingent coupon rate of 13.30% per annum, coupon barriers and downside thresholds at 70.00% of initial levels, an issue price of $1,000.00 per note and per-note proceeds to UBS of at least $992.75. UBS estimates the initial value between $958.10 and $988.10. If not called, principal repayment at maturity depends on the final level of the least performing underlying asset and could result in a substantial loss or total loss of principal; payments are subject to UBS credit risk.

UBS AG offers $2,387,000 of Trigger Autocallable Contingent Yield Notes linked to the State Street® Energy Select Sector SPDR® ETF (XLE), maturing on June 28, 2029. The Notes have a 10.00% per annum contingent coupon and an issue price of $1,000 per Note.

The initial level is $53.57 (trade date June 24, 2026, settlement June 29, 2026). The Notes are callable quarterly beginning after 12 months if an observation date closing level meets or exceeds the call threshold of $53.57 (100% of the initial level). If not called, principal is repaid at maturity only if the final level is at or above the downside threshold of $37.50 (70% of the initial level); otherwise holders suffer a loss equal to the underlying return. The estimated initial value per Note is $988.50. All payments are subject to UBS credit risk.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500. The offering totals $1,195,000 at an issue price of $1,000 per Note with a contingent coupon rate of 11.00% per annum. Trade date is June 25, 2026, settlement June 30, 2026, final valuation June 25, 2031 and maturity June 30, 2031. Coupons are paid only if each underlying is at or above its coupon barrier on an observation date; UBS may call the Notes in whole beginning after nine months. If not called, principal repayment at maturity is contingent: if any underlying is below its 60% downside threshold, holders suffer a loss tied to the least performing underlying. Estimated initial value is $992.70.

UBS AG is offering $2,387,000 of Trigger Autocallable Contingent Yield Notes linked to the State Street® Energy Select Sector SPDR® ETF (XLE). The Notes pay a 10.00% per annum contingent coupon on each coupon payment date only if the ETF closing level on the observation date is at or above the coupon barrier. The Notes are auto‑callable quarterly beginning after 12 months if the ETF closes at or above the call threshold (here equal to the initial level of $53.57). If not called and the final level is below the downside threshold of $37.50 (70.00% of initial), repayment at maturity may be less than principal and can result in a total loss tied to the ETF’s percentage decline. The estimated initial value per Note is $988.50 and the issue price is $1,000 per Note. All payments depend on UBS creditworthiness and the Notes are not listed on any exchange.

UBS AG is offering principal-protected-conditional structured notes linked to First Solar, Inc. The Trigger Autocallable Contingent Yield Notes with Memory Interest have a principal amount of $1,000 per Note, a contingent coupon rate expected to be 18.00% to 19.00% per annum, a trade date of June 30, 2026, and an expected maturity on or about January 3, 2028. UBS will pay contingent coupons only if the underlying closing level meets the coupon barrier on observation dates; the Notes are subject to automatic early call and expose holders to full downside market risk at maturity if the final level is below the downside threshold. Payments are unsecured obligations of UBS and depend on UBS creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Bank of America common stock. The Notes pay periodic contingent coupons only if observation-date closing levels meet the coupon barrier and may be automatically called early if the underlying reaches the initial level. 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 repayment is reduced pro rata to the underlying return and you could lose a significant portion or all of your investment. The Notes are unsecured obligations of UBS and repayment depends on UBS creditworthiness. Trade date is June 26, 2026, settlement June 30, 2026, final valuation date June 28, 2027, and maturity June 30, 2027. Minimum investment is 100 Notes at $10 per Note. The estimated initial value per Note on the trade date is $9.79. These Notes are not FDIC insured and will not be listed on an exchange.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Bank of America Corporation, with a trade date of June 26, 2026, expected settlement June 30, 2026, final valuation date June 28, 2027 and maturity June 30, 2027. The Notes pay a periodic contingent coupon only if the underlying stock closes at or above a coupon barrier on observation dates and will be automatically called early if the underlying closes at or above the initial level on any observation date prior to final valuation.

The Notes repay principal at maturity only if the final level is at or above the downside threshold (illustrative threshold shown as $80.00, or 80.00% of the initial level). If the final level is below that threshold, principal is reduced pro rata and investors may lose a significant portion or all of their investment. Minimum purchase is 100 Notes at $10 per Note. The estimated initial value range is $9.47 to $9.72 per Note; payments are subject to UBS's credit risk.

UBS AG is offering $6,906,000 of Trigger Callable Yield Notes linked to the least performing of the Nasdaq-100 Index and the Russell 2000 Index. The Notes pay a fixed coupon of $10 × 9.50% per annum in monthly installments, are callable monthly by UBS beginning after three months, mature on September 28, 2027, and return principal at maturity only if each underlying asset is at or above a 65.00% downside threshold of its initial level. Investors face full downside exposure to the least performing underlying asset at maturity and are exposed to UBS credit risk.

UBS AG is offering $629,000 principal of Trigger Autocallable Contingent Yield Notes linked to the least performing of KRE (State Street SPDR S&P Regional Banking ETF) and SPY (State Street SPDR S&P 500 ETF Trust), maturing June 27, 2029. The Notes pay a contingent coupon of 9.20% per annum when both underlying assets meet coupon barriers on observation dates and are callable quarterly after six months.

If not called, principal repayment at maturity is contingent: full principal is returned only if both final levels are at or above their downside thresholds (65.00% of initial levels); otherwise repayment is reduced pro rata to the negative return of the least performing underlying asset, potentially causing substantial or total loss. The issue price is $10.00 per Note; UB S’ estimated initial value is $9.79 per Note. Secondary market liquidity and all payments depend on UBS creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Expedia Group, Inc. The notes pay periodic contingent coupons only if the underlying closing level meets a coupon barrier on observation dates and may be automatically called quarterly after six months.

If not called, principal is repaid at maturity only if the final level is at or above a downside threshold; if the final level is below that threshold, repayment is reduced pro rata to the underlying return and investors can lose a significant portion or all principal. Payments depend on UBS creditworthiness.

UBS AG published a preliminary pricing supplement for Trigger Autocallable Contingent Yield Notes linked to the common stock of Expedia Group, Inc. due on or about June 30, 2027. The Notes pay periodic contingent coupons only if observation-date closing levels meet the coupon barrier and are automatically called if the underlying equals or exceeds the initial level on any quarterly observation (beginning after six months). If not called, principal repayment at maturity is contingent: full principal is paid only if the final level is at or above the downside threshold; otherwise principal is reduced proportionally to the underlying return, potentially causing a total loss. Example terms show a 14.92% per annum contingent coupon rate, a $10 principal amount per Note, a downside threshold of $60 (60.00% of initial level) and an estimated initial value range of $9.44 to $9.69 per Note. The Notes are unsecured obligations of UBS and all payments are subject to UBS credit risk. Minimum investment is 100 Notes ($1,000).

UBS AG is offering $600,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of Advanced Micro Devices, Inc. The Notes pay periodic contingent coupons only if the underlying stock closes at or above a 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 maturity. At maturity, if the Notes are not called and the final level is below the downside threshold, repayment of principal is contingent on the underlying return and investors can lose a significant portion or all of their investment; all payments are subject to UBS credit risk.

The terms include a Trade Date of June 26, 2026, Settlement Date June 30, 2026, final valuation on June 28, 2028 and Maturity on June 30, 2028. Minimum investment is 100 Notes at $10 per Note; the estimated initial value per Note is $9.81.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Chipotle Mexican Grill, Inc. The Notes pay periodic contingent coupons only if the underlying stock meets the coupon barrier on observation dates and will be automatically called early if the stock reaches or exceeds the initial level on any observation date prior to maturity.

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 may be reduced proportionally to the underlying return, potentially resulting in a partial or total loss of principal. Payments are subject to UBS credit risk. Trade date is June 26, 2026, settlement June 30, 2026, final valuation date June 28, 2027, and maturity June 30, 2027.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Alphabet Inc. Class C stock with a stated offering caption of $930,000. The Notes pay a periodic contingent coupon only if the underlying closing level on an observation date meets or exceeds a coupon barrier 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.

The Notes have a trade date of June 26, 2026, expected settlement on June 30, 2026, a final valuation date of June 28, 2029 and maturity on July 2, 2029. Minimum investment is 100 Notes at $10 per Note. The estimated initial value on the trade date is $9.75. Principal repayment at maturity is contingent: if not autocalled and the final level is below the downside threshold, repayment may be less than principal, with losses equal to the underlying return.

UBS AG is offering preliminary terms for Trigger Autocallable Contingent Yield Notes linked to the common stock of Advanced Micro Devices, Inc. The trade date is June 26, 2026, settlement is expected on June 30, 2026, the final valuation date is June 28, 2028 and maturity is June 30, 2028. Each Note has a principal amount of $10. Notes pay a periodic contingent coupon only if the underlying closing level meets or exceeds a coupon barrier; they are automatically called early if the underlying closes at or above the initial level on an observation date. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; otherwise repayment declines with the underlying, potentially to zero. The preliminary example shows a 24.60% per annum contingent coupon (example coupon $0.615 per $10 Note) and an estimated initial value range of $9.44 to $9.69. Minimum investment is 100 Notes ($1,000).

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Chipotle Mexican Grill, Inc. common stock due on or about June 30, 2027. The Notes pay periodic contingent coupons only if the underlying closing level meets the coupon barrier on observation dates, include an automatic early-call if the underlying closes at or above the initial level on an observation date, and provide contingent principal repayment at maturity only if the final level is at or above the downside threshold; otherwise principal can be reduced proportionally to the underlying return. The Notes are unsecured obligations of UBS and any payment depends on UBS’s creditworthiness. Trade date is June 26, 2026 and settlement is expected June 30, 2026. The Notes have a $10 principal amount per Note and are offered in minimum blocks of 100 Notes.

UBS AG is offering $990,000 in Trigger Autocallable Contingent Yield Notes linked to NVIDIA Corporation, due June 30, 2028. The Notes pay periodic contingent coupons only when the underlying closing level meets or exceeds a coupon barrier and may be automatically called early if the underlying equals or exceeds the initial level on an observation date. If not called, principal repayment at maturity is contingent on the final level relative to a 75.00% downside threshold; a final level below that threshold exposes investors to a loss equal to the underlying return (including possible loss of all principal). The Notes are unsecured obligations of UBS and subject to UBS credit risk. Trade date is June 26, 2026, settlement June 30, 2026, final valuation date June 28, 2028, and maturity June 30, 2028. Minimum investment is 100 Notes at $10 per Note; the estimated initial value was $9.82 per Note.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Accenture plc common stock due June 30, 2027. The notes pay a contingent coupon on scheduled coupon dates only if the underlying's closing level on an observation date is at or above the coupon barrier; otherwise no coupon is paid. The notes will be automatically called early if the underlying closes at or above the initial level on any observation date prior to the final valuation date, in which case holders receive principal plus any contingent coupon then due. If not called, repayment of principal at maturity is contingent: if the final level is at or above the downside threshold holders receive the principal; if below, holders receive an amount equal to $10 × (1 + underlying return), which can result in a substantial loss up to the full principal. All payments, including principal, are subject to the creditworthiness of UBS. Trade date is June 26, 2026, settlement on June 30, 2026, final valuation on June 28, 2027, and maturity on June 30, 2027. The estimated initial value per Note on the trade date is $9.72. Minimum investment is 100 Notes (principal $1,000).

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Alphabet Inc. Class C stock. The trade date is June 26, 2026 with expected settlement on June 30, 2026 and maturity on July 2, 2029.

The Notes pay a contingent coupon on each coupon payment date only if the underlying's closing level on the applicable observation date is at or above the coupon barrier; otherwise no coupon is paid. The Notes will be automatically called early if the underlying closes at or above the initial level on any observation date prior to the final valuation date, in which case UBS pays principal plus any contingent coupon due on the call settlement date. If not called, principal repayment at maturity is contingent: if the final level is at or above the downside threshold (shown as $65.00 or 65.00% of the initial level in the examples), UBS will pay the principal amount; if the final level is below that threshold, you may receive less than principal and could lose a significant portion or all of your investment. Payments are subject to UBS creditworthiness. The estimated initial value range is $9.37 to $9.62 per Note and the minimum investment is 100 Notes ($1,000).

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of NVIDIA Corporation, with a trade date of June 26, 2026, expected settlement on June 30, 2026 and maturity on or about June 30, 2028. The notes pay periodic contingent coupons only if the underlying stock closes at or above a coupon barrier on observation dates and will be automatically called early if the underlying closes at or above the initial level on any observation date prior to the final valuation date. If not called, principal repayment at maturity is contingent: full principal is repaid only if the final level is at or above a stated downside threshold; otherwise principal is reduced pro rata to the underlying return, and investors may lose a significant portion or all principal. The offering shows a minimum investment of $1,000 (100 notes at $10 each) and an estimated initial value range of $9.44 to $9.69 per note as of the trade date, based on UBS internal pricing models. All payments are subject to UBS credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Accenture plc, with a trade date of June 26, 2026, expected settlement on June 30, 2026, a final valuation date of June 28, 2027, and maturity on June 30, 2027. Each Note has a principal amount of $10. The Notes pay a contingent coupon only when the underlying closing level is at or above a coupon barrier on observation dates; they are automatically called if the underlying closes at or above the initial level on an observation date. If not called, principal repayment at maturity is contingent on the final level relative to a downside threshold, exposing holders to potential loss of principal equal to the underlying return. Any payments depend on UBS's creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Lam Research Corporation stock due July 2, 2029. The notes pay a contingent coupon on scheduled coupon dates only if the underlying closing level meets or exceeds a coupon barrier; otherwise no coupon is paid. The notes will be automatically called early if the underlying closes at or above the initial level on any observation date prior to the final valuation date; if called, you receive principal plus any contingent coupon due. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; if below, repayment equals $10 x (1 + Underlying Return), exposing investors to downside market losses up to the full principal amount. Trade and settlement dates are June 26, 2026 and June 30, 2026; final valuation and maturity dates are June 28, 2029 and July 2, 2029. The estimated initial value as of the trade date is $9.73. The offering minimum is 100 Notes at $10 per Note. All payments remain subject to UBS creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of the underlying company, maturing on July 2, 2029. The Notes pay periodic contingent coupons only if the underlying's closing level meets a coupon barrier on observation dates and are automatically called early if the underlying equals or exceeds the initial level on an observation date. If not called, principal repayment at maturity is contingent: full principal is repaid only if the final level is at or above the downside threshold; if below, repayment is reduced proportionally and you could lose up to your entire principal. The Notes carry issuer credit risk of UBS, a minimum purchase size of 100 Notes ($1,000), an estimated initial value of $9.69 per Note, and illustrative terms showing a 21.66% per annum contingent coupon rate in the examples.

UBS AG has published a preliminary pricing supplement for Trigger Autocallable Contingent Yield Notes linked to the common stock of Lam Research Corporation. The trade date is June 26, 2026 with expected settlement on June 30, 2026.

The Notes mature on July 2, 2029 with a final valuation date of June 28, 2029. Minimum purchase is 100 Notes at $10 per Note (representing a $1,000 minimum). UBS estimates the initial value between $9.36 and $9.61 per Note on the trade date. Examples in the supplement show a hypothetical contingent coupon rate of 26.97% per annum (contingent coupon $0.6743 per $10 Note) and a downside threshold at 50.00% of the initial level. If the Notes are not called and the final level falls below the downside threshold, repayment may be less than principal and could result in significant loss or total loss of invested principal.

UBS AG is offering Trigger Autocallable Contingent Yield Notes due on or about July 2, 2029, described in a preliminary pricing supplement dated June 26, 2026. The Notes pay periodic contingent coupons only if the underlying closes at or above a coupon barrier on observation dates and are automatically called early if the underlying closes at or above the initial level on any observation date prior to the final valuation date. If not called, principal repayment at maturity is contingent: if the final level is at or above the downside threshold, UBS pays the principal amount; if the final level is below the downside threshold, holders suffer a loss tied to the underlying return and could lose all principal.

The offering examples show a $10 principal per Note, a hypothetical contingent coupon rate of 20.23% per annum (contingent coupon of $0.5058 per $10 Note per observation), an illustrative downside threshold of $50.00 (50.00% of the initial level), an estimated initial value range of $9.33 to $9.58, and a minimum purchase of 100 Notes (representing a $1,000 investment).

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Morgan Stanley common stock due June 30, 2027. The notes pay periodic contingent coupons only when the underlying closes at or above a coupon barrier on observation dates and are subject to automatic early redemption if the underlying closes at or above the initial level on an observation date. At maturity, principal repayment is contingent: if the final level is below the downside threshold you can suffer a loss equal to the underlying return, including a total loss. Payments depend on UBS credit.

The issuer UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of American Airlines Group Inc. The notes pay periodic contingent coupons only if the underlying's closing level on an observation date is at or above a coupon barrier and are automatically called early if the underlying closes at or above the initial level on any observation date prior to maturity. If not called, repayment of principal at maturity is contingent: if the final level is below the downside threshold the repayment may be less than principal and can result in a loss equal to the underlying return, up to a total loss of principal. The offering lists key dates: trade June 26, 2026, settlement June 30, 2026, final valuation June 28, 2027 and maturity June 30, 2027. Any payments depend on UBS creditworthiness. The notes have a minimum investment of 100 Notes at $10 per Note and an estimated initial value of $9.82 as of the trade date.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Intel Corporation common stock due July 2, 2029. The Notes pay contingent coupons only if the underlying closing level on observation dates meets or exceeds a coupon barrier and can be automatically called monthly (beginning after 12 months) if the closing level is at or above the initial level. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; otherwise principal is reduced in proportion to the underlying return and investors can lose a significant portion or all of their investment. Payments, including any contingent coupons and repayment of principal, are subject to UBS credit risk. Trade and settlement are June 26, 2026 and June 30, 2026, with final valuation on June 28, 2029. The estimated initial value per Note is $9.62 and the Notes are sold in minimum increments of 100 Notes at $10 per Note.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Morgan Stanley, with a stated trade date of June 26, 2026, expected settlement on June 30, 2026, final valuation date of June 28, 2027 and expected maturity on June 30, 2027.

The Notes pay periodic contingent coupons only if the underlying closing level on an observation date is at or above the coupon barrier; they are automatically callable if the underlying closes at or above the initial level on an earlier observation 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 repayment is reduced pro rata to the underlying return, potentially resulting in a total loss. The Notes are unsecured obligations of UBS and subject to UBS credit risk. The preliminary pricing supplement shows an estimated initial value range of $9.45–$9.70 per $10 Note and a minimum purchase of 100 Notes ($1,000). The final terms will be set on the trade date and the Offering Documents must be delivered in final form prior to any sale.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to American Airlines Group Inc. The preliminary pricing supplement dated June 26, 2026 describes notes with an expected term of approximately one year (trade date June 26, 2026, settlement June 30, 2026, maturity/ final valuation around June 28–30, 2027). The notes pay periodic contingent coupons only if the underlying closing level meets coupon barriers and may autocall early if the underlying reaches or exceeds the initial level on an observation date. Minimum investment is 100 Notes at $10 per Note. Illustrative terms show an example contingent coupon rate of $16.86% per annum, an estimated initial value range of $9.47–$9.72 per Note, and a downside threshold at 60.00% of the initial level. Any repayment of principal is contingent on UBS creditworthiness; if not autocalled and the final level is below the downside threshold, investors may lose a significant portion or all of their investment.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of The Boeing Company maturing on June 30, 2027. The Notes pay a contingent coupon only if the underlying closing level on an observation date is at or above 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 at or above the initial level. If not called, principal repayment at maturity is contingent: full principal is returned only if the final level is at or above the downside threshold; if below, repayment equals $10 x (1 + underlying return), exposing investors to the underlying’s negative return and possible loss of all principal. Payments are subject to UBS credit risk. Trade and settlement dates, observation timing, and other mechanics are set out in the accompanying product supplement.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Micron Technology, Inc. The offering size shown is $537,000. The Notes pay periodic contingent coupons only if the underlying's closing level meets a coupon barrier on observation dates and are automatically called if the underlying meets or exceeds the initial level on any monthly observation date after the first year. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; otherwise redemption at maturity can be less than principal, producing a loss equal to the underlying return (potentially a total loss). Trade date: June 26, 2026; Settlement date: June 30, 2026; Final valuation date: June 28, 2029; Maturity date: July 2, 2029. The Notes have an estimated initial value of $9.62 per $10 Note and are subject to UBS credit risk and liquidity limitations.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Intel Corporation. The preliminary pricing supplement dated June 26, 2026 sets a trade date of June 26, 2026, expected settlement on June 30, 2026, a final valuation date of June 28, 2029 and expected maturity on or about July 2, 2029.

The Notes have a principal amount of $10 per Note, potential periodic contingent coupons paid only if the underlying closing level meets a coupon barrier on observation dates, and an automatic call feature beginning after 12 months if the underlying closing level equals or exceeds the initial level. If not called, repayment at maturity is contingent: if the final level is at or above the downside threshold the principal is repaid; if below, repayment declines proportionally to the underlying return, potentially resulting in total loss of principal. The preliminary document gives an estimated initial value range of $9.28 to $9.53 per Note and includes illustrative terms such as a 50.00% downside threshold and a hypothetical contingent coupon rate of 26.74% per annum.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to NVIDIA Corporation common stock due June 30, 2028. The Notes pay contingent coupons only if observation‑date closing levels meet the coupon barrier, may be automatically called on quarterly observation dates if the underlying equals or exceeds the initial level, and repay principal at maturity only if the final level is at or above the downside threshold. If the final level is below the downside threshold and the Notes are not called, principal repayment declines with the underlying return and investors could lose a significant portion or all of their investment. Payments depend on UBS creditworthiness. The Notes have a minimum investment of 100 Notes and an estimated initial value of $9.79 per Note as of the trade date.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of The Boeing Company, with final terms set on the trade date.

The preliminary pricing supplement dated June 26, 2026 shows a $10 principal per Note, a trade date of June 26, 2026, expected settlement on June 30, 2026, a final valuation date of June 28, 2027 and maturity on June 30, 2027. Payments (contingent coupons, early call and principal at maturity) depend on the Boeing closing levels relative to specified barriers and are subject to UBS credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of NVIDIA Corporation, maturing on June 30, 2028. The Notes pay periodic contingent coupons only if the underlying meets a coupon barrier on observation dates and will be automatically called early if the underlying equals or exceeds the initial level on any quarterly observation date. If not called, repayment at maturity is contingent: full principal is returned only if the final level is at or above the disclosed downside threshold; if the final level is below that threshold, principal is reduced pro rata to the underlying return, and investors could lose a significant portion or all of their investment. Payments, including principal, are subject to UBS's creditworthiness. The trade date is June 26, 2026 and settlement is expected June 30, 2026. The estimated initial value range is $9.41 to $9.66 per Note; principal per Note is $10.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Micron Technology, Inc. The preliminary pricing supplement dated June 26, 2026 describes notes with an expected trade date of June 26, 2026, settlement on June 30, 2026, a final valuation date of June 28, 2029 and maturity on July 2, 2029. Each Note has a principal amount of $10. The notes pay periodic contingent coupons only if the underlying closing level meets or exceeds a coupon barrier; they may be automatically called monthly beginning ~12 months after issuance if the underlying meets or exceeds the initial level. If not called, repayment at maturity depends on whether the final level meets the downside threshold; if below, repayment will fall below principal and could result in total loss. Estimated initial value is stated as between $9.25 and $9.50 per Note.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to NVIDIA Corporation common stock due July 2, 2029. The Notes pay a contingent coupon on scheduled coupon payment dates only if the closing level of the underlying stock on the applicable observation date is at or above a stated coupon barrier; otherwise no coupon is paid. The Notes will be automatically called early if the underlying closing level on any quarterly observation date (beginning after six months) is at or above the initial level; on an automatic call UBS will pay principal plus any contingent coupon due and the Notes will terminate.

If the Notes are not called, principal repayment at maturity is contingent on the final level relative to a downside threshold: if the final level is at or above the downside threshold you receive the $10 principal per Note; if it is below, the cash payment will be reduced proportionally to the underlying return (you may lose a substantial portion or all of your investment). The Notes are unsecured obligations of UBS and payments are subject to UBS credit risk. Trade date is June 26, 2026 with expected settlement June 30, 2026, final valuation date June 28, 2029 and maturity July 2, 2029.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Palantir Technologies Inc. stock due June 30, 2027. The Notes pay periodic contingent coupons only if the underlying closing level meets the coupon barrier on observation dates; they are automatically called if the underlying closes at or above the initial level on any quarterly observation date beginning after 6 months. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; otherwise repayment declines in direct proportion to the underlying return and you may lose a significant portion or all of your investment. The Notes are unsecured debt of UBS and repayments depend on UBS creditworthiness. The minimum investment is 100 Notes at $10 per Note and the estimated initial value on the trade date was $9.72.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of NVIDIA Corporation, with expected trade date June 26, 2026, settlement June 30, 2026, final valuation date June 28, 2029 and maturity July 2, 2029.

The Notes have a $10 principal amount per Note and will pay a contingent coupon on each coupon payment date only if the closing level of the underlying equals or exceeds the coupon barrier on the applicable observation date. The Notes are automatically called if the underlying closes at or above the initial level on any quarterly observation date (beginning after six months); an automatic call pays principal plus any contingent coupon otherwise 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 at maturity is reduced pro rata and could result in total loss.

The estimated initial value on the trade date is expected to be between $9.39 and $9.64 per Note. Any payment, including principal, depends on the creditworthiness of UBS AG. The offering is subject to delivery of final Offering Documents and regulatory restrictions.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Palantir Technologies Inc. The Notes pay a contingent coupon only if the underlying's closing level on an observation date meets the coupon barrier and may be automatically called quarterly (beginning ~6 months) if the underlying meets or exceeds the initial level. If not called, principal repayment at maturity depends on whether the final level meets the downside threshold; if the final level is below that threshold you could lose a portion or all of your principal. Trade date is June 26, 2026, expected settlement June 30, 2026, final valuation date June 28, 2027, and maturity June 30, 2027. The Notes have a $10 principal amount per Note, a minimum investment of 100 Notes ($1,000), and an estimated initial value range of $9.43–$9.68 as of the trade date.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to JPMorgan Chase & Co. common stock due June 30, 2027. The Notes pay contingent coupons only if the underlying closing level on observation dates meets the coupon barrier and will be automatically called early if the underlying equals or exceeds the initial level on any observation date. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; if the final level is below that threshold, repayment is reduced proportionally to the underlying return and you could lose a significant portion or all of your investment.

The offering shows a principal amount of $10 per Note, an example contingent coupon rate of 9.25% per annum, an estimated initial value of $9.79, trade/settlement dates of June 26, 2026 and June 30, 2026, and a final valuation/maturity of June 28, 2027 and June 30, 2027, respectively. Key structural features and credit exposure to UBS are described in the product supplement and prospectus.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of the underlying asset, maturing July 2, 2029. The Notes pay periodic contingent coupons only if observed closing levels meet a coupon barrier and may be automatically called quarterly beginning after six months. If not called, principal repayment at maturity is contingent: full principal is paid only if the final level is at or above the stated downside threshold; otherwise principal is reduced pro rata to the underlying return, with potential loss of the entire investment. The Notes are unsecured obligations of UBS and repayment is subject to UBS credit risk. The minimum investment is 100 Notes at $10 per Note and the estimated initial value was $9.70 as of the trade date.

UBS AG offers $689,000 of Trigger Autocallable Contingent Yield Notes linked to Applied Materials, Inc. stock due June 30, 2028. The Notes pay a contingent coupon on scheduled coupon payment dates only if the underlying closing level on an observation date meets or exceeds a coupon barrier; otherwise no coupon is paid. The Notes are 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, in which case UBS pays principal plus any contingent coupon on the related call settlement date. If not called, repayment at maturity depends on the final level: if the final level is at or above the downside threshold the principal is returned; if below the downside threshold principal is reduced pro rata to the underlying return and investors can lose a significant portion or all of their investment. Key trade and settlement dates are June 26, 2026 (trade date) and June 30, 2026 (settlement); the final valuation date is June 28, 2028.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of JPMorgan Chase & Co. with final valuation on June 28, 2027 and maturity on June 30, 2027. The Notes pay periodic contingent coupons only if the underlying's closing level meets or exceeds a coupon barrier on observation dates and can be automatically called early if the underlying closes at or above the initial level on an observation date. If the Notes are not called and the final level is below the downside threshold, principal repayment is contingent and may result in a loss equal to the underlying return; in extreme cases you could lose your entire investment. Trade date is June 26, 2026 with expected settlement on June 30, 2026. The Notes are offered in $10 denominations (minimum 100 Notes) and UBS estimates the initial value per Note between $9.47 and $9.72 as of the trade date.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Netflix, Inc. The $1,950,000 issuance has a $10 principal per Note, an estimated initial value of $9.75, and a minimum purchase of 100 Notes ($1,000).

The Notes pay periodic contingent coupons only if the closing level of Netflix meets or exceeds a coupon barrier on observation dates. They are automatically called if the closing level on any quarterly observation date after six months is equal to or greater than the initial level. At maturity on July 2, 2029, principal repayment is contingent: if the final level is below the downside threshold you may suffer a loss equal to the underlying return, potentially losing your entire investment. All payments are subject to UBS credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of the referenced underlying asset, maturing on July 2, 2029. The Notes pay periodic contingent coupons only if the underlying meets coupon barriers on observation dates and may be automatically called quarterly beginning after six months.

The Notes repay principal at maturity only if the final level is at or above the downside threshold; otherwise repayment is reduced pro rata to the underlying return, potentially causing substantial or total loss. All payments depend on UBS's creditworthiness. Final terms will be set on the trade date.