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

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the least performing of KRE and SPY. The Notes have a trade date of June 24, 2026, expected settlement on June 29, 2026, and maturity on June 27, 2029. Minimum investment is 100 Notes at $10 per Note ($1,000). The Notes pay periodic contingent coupons only if both underlying ETFs meet coupon barriers on observation dates; they are autocallable quarterly (callable after ~6 months) if both underlyings meet call thresholds. If not called, principal repayment at maturity is contingent: full principal is returned only if both final levels meet downside thresholds (each set at 65.00% of initial level); otherwise repayment reflects the negative return of the least performing underlying. The contingent coupon rate range is 8.60% to 9.30% per annum, and the issuer's estimated initial value is $9.49 to $9.79.

UBS AG is offering $1,000,000 of Airbag Yield Notes linked to the common stock of Marvell Technology, Inc. (MRVL). Each Note has a principal amount of $1,000, pays a fixed coupon (annual rate 36.16%, total coupon over the ~3-month term 9.04%) and matures on September 23, 2026. If the final level of Marvell is at or above the conversion level ($232.94), UBS will repay principal in cash; if below, holders will receive the share delivery amount (4.2930 shares per Note, with cash for any fractional share), which could be worth less than principal. Payments depend on UBS creditworthiness. The estimated initial value per Note was $980.20, and the issue price is $1,000.00.

UBS AG is offering Airbag Yield Notes linked to the common stock of Marvell Technology, Inc. The notes pay a fixed monthly coupon and provide contingent repayment of principal at maturity: if the underlying's final level is at or above the conversion level, UBS pays $1,000 per note; if below, UBS delivers a share delivery amount equal to $1,000 divided by the conversion level (with cash for any fractional share), which is expected to be worth less than principal.

Key disclosed terms include a principal amount of $1,000 per note, a coupon rate range of 32.10% to 34.73% per annum (total coupon over the term 8.025% to 8.6825%), an expected term of approximately three months, trade date June 18, 2026, settlement June 23, 2026, final valuation date September 21, 2026 and maturity September 23, 2026. The conversion level will be a percentage of the initial level (example shown: 75.00%). Any payments depend on UBS’s creditworthiness.

UBS AG is offering $10,593,000 of Trigger Callable Contingent Yield Notes linked to the least performing of three SPDR sector ETFs (XLE, XLK, XLU) due June 27, 2029. The Notes pay a contingent coupon of 14.50% per annum only when each ETF meets its coupon barrier on monthly observation dates, are callable monthly by UBS beginning after six months, and repay principal at maturity only if every ETF’s final level is at or above its downside threshold (50% of initial level). The estimated initial value per Note is $985.60 and the issue price per Note is $1,000.00. These Notes expose holders to the market risk of the least performing underlying ETF and to UBS credit risk; in a worst case you could lose a substantial portion or all of your investment.

UBS AG is offering Capped Buffer GEARS, unsecured notes linked to an equally-weighted basket of three equities (BX, JPM, WFC) maturing September 23, 2027. Each Security has a $1,000 principal, 3.00 upside gearing, a 5.00% buffer, and a 25.14% maximum gain (maximum payment $1,251.40). If the basket return is positive, payment = $1,000 × (1 + lesser of Basket Return × 3.00 or 25.14%). If the final basket level falls below 95% of the initial level, principal is exposed and losses can be substantial. Any payments depend on UBS creditworthiness.

UBS AG priced an offering of $14,158,000 principal amount of exchangeable notes linked to the common stock of General Motors Company due June 25, 2029. Each Note has a $1,000 principal amount and no coupon; at maturity holders receive the greater of principal or a final conversion value based on a share exchange amount of 8.70248374 and the closing level of GM on the valuation date.

The issue price was $1,000.00 per Note, the estimated initial value was $992.00 on the trade date, and the comparable yield used for tax accrual purposes is 4.57% per annum. Payments are subject to UBS credit risk, the calculation agent’s adjustments (including antidilution and dividend adjustments) and limited secondary‑market liquidity.

UBS AG priced a $8,460,000 offering of Trigger Autocallable Contingent Yield Notes linked to Meta Platforms, Inc. Common Stock due June 25, 2029. The Notes pay periodic contingent coupons only if the underlying closing level meets the coupon barrier on observation dates, are subject to quarterly automatic calls beginning after six months 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; otherwise investors suffer a loss equal to the underlying return. The Notes have a $10 principal amount per Note, an estimated initial value of $9.78, and a stated illustrative contingent coupon rate of 13.01% per annum (contingent coupon $0.3253 per $10 Note in the examples). All payments 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 Vistra Corp. The Notes pay periodic contingent coupons only if the underlying equals or exceeds a coupon barrier on observation dates, and may be automatically called early if the underlying reaches or exceeds its initial level.

If not called, principal repayment at maturity is contingent: if the final level is below the downside threshold you may receive less than principal (equal to $10 x (1 + underlying return)), potentially losing a substantial portion or all of your investment. All payments depend on UBS creditworthiness. Trade date: June 23, 2026; Settlement: June 25, 2026; Final valuation date: June 23, 2027; Maturity: June 25, 2027.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Meta Platforms, Inc., maturing on June 25, 2029. The Notes pay contingent coupons only if the underlying's closing level meets a coupon barrier on observation dates and will be 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 of $10 is paid only if the final level is at or above the downside threshold; if below, repayment falls proportionally to the underlying return and could result in the loss of most or all principal. The preliminary pricing range values the Notes between $9.40 and $9.65 per Note, and the example contingent coupon rate is 11.27% per annum. All payments are subject to UBS's creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Oracle Corporation stock due June 26, 2028. The Notes pay periodic contingent coupons only if the underlying closes at or above the 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. If not called, principal repayment at maturity is contingent: full principal is paid if the final level is at or above the downside threshold; if the final level is below that threshold, the cash payout can be less than principal, reflecting the percentage decline in the underlying (and potentially a total loss). Trade date is June 23, 2026, settlement June 25, 2026, final valuation June 22, 2028, and maturity June 26, 2028. Minimum purchase is 100 Notes ($1,000). The estimated initial value is $9.77 per Note. Any payments depend on UBS creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Vistra Corp. The notes have a trade date of June 23, 2026, expected settlement on June 25, 2026, a final valuation date of June 23, 2027, and expected maturity on June 25, 2027. Each Note has a principal amount of $10 and pays contingent coupons only when the underlying meets or exceeds a coupon barrier on observation dates; the issuer will automatically call the Notes if the underlying is at or above the initial level on an observation date. If not called, repayment at maturity is contingent: full principal is paid only if the final level is at or above the downside threshold; otherwise repayment equals $10 x (1 + underlying return), exposing investors to the full downside of the underlying equity. The offering documents state an estimated initial value range of $9.53 to $9.78 per Note and highlight significant issuer credit risk.

UBS AG is offering $3,714,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of Ford Motor Company. The Notes pay a contingent coupon only if the underlying closing level on an observation date meets or exceeds the coupon barrier; otherwise no coupon is paid. The Notes are subject to an automatic call on any quarterly observation date (beginning ~6 months after issue) if the underlying closing level is equal to or greater than the initial level, in which case UBS will pay principal plus any contingent coupon then due. If not called, repayment at maturity depends on the final level versus a downside threshold: if the final level is below that threshold, the cash payment at maturity will be reduced pro rata and you may lose a substantial portion or all of your investment. The Notes have a trade date of June 23, 2026, a settlement date of June 25, 2026, a final valuation date of June 21, 2029 and a maturity date of June 25, 2029. Payments (including principal) are subject to UBS credit risk. The estimated initial value per Note was $9.70 on the trade date and the Notes are offered in minimum increments of 100 Notes (principal $1,000).

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of Accenture plc. The Notes mature on June 25, 2027 (final valuation date June 23, 2027) and pay contingent coupons only if the underlying meets a coupon barrier on observation dates. The Notes are automatically called early if the underlying equals or exceeds the initial level on any observation date; on an automatic call UBS pays $10 principal plus any contingent coupon on the related call settlement date. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; otherwise the cash payment may be less than principal and can reflect the full downside of the underlying, potentially causing a loss of all principal. Trade date is June 23, 2026 with expected settlement June 25, 2026. Minimum investment is 100 Notes (representing $1,000). The estimated initial value on the trade date is $9.74. All payments, including principal, are subject to the creditworthiness of UBS.

UBS AG is offering $1,095,000 in Trigger Autocallable Contingent Yield Notes linked to the common stock of Accenture plc, maturing on June 25, 2027. The Notes pay a contingent coupon only if the underlying stock meets or exceeds the coupon barrier on observation dates and may be automatically called early if the underlying equals or exceeds the initial level on any prior observation date. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; if the final level is below that threshold, repayment at maturity will be reduced pro rata to the underlying return and could result in a substantial or total loss of principal. The Notes have an estimated initial value of $9.77 per Note, a principal amount of $10 per Note, and a minimum investment of 100 Notes ($1,000). Trade and settlement are set for June 23, 2026 and June 25, 2026, with final valuation on June 23, 2027. All payments are subject to the creditworthiness of UBS and the product is not FDIC insured.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Oracle Corporation. These preliminary notes are subject to completion; final terms will be set on the trade date. The notes have a principal amount of $10 per Note, trade date June 23, 2026, expected settlement June 25, 2026, final valuation date June 22, 2028 and maturity June 26, 2028.

The notes pay periodic contingent coupons only if the underlying closing level is at or above a coupon barrier on observation dates and are automatically called if the underlying closes at or above the initial level on an observation date. If not called, repayment of principal at maturity is contingent on the final level relative to a downside threshold; a final level below that threshold can result in a principal loss tied to the percentage decline in the underlying asset. These notes are unsecured obligations of UBS and payments are subject to UBS creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Ford Motor Company due on or about June 25, 2029. This preliminary pricing supplement dated June 23, 2026 describes $10 per Note denominations, an estimated initial value range of $9.32 to $9.57, a contingent coupon paid only when the underlying closes at or above the coupon barrier on observation dates, an automatic call feature (quarterly observation dates beginning after six months), and a contingent principal repayment that protects full principal at maturity only if the final level is at or above the downside threshold (set at $55.00, equal to 55.00% of the initial level). If the final level is below the downside threshold and the Notes are not called, investors will suffer losses equal to the underlying return, potentially up to a total loss of their investment. Key dates include Trade Date June 23, 2026, Settlement Date June 25, 2026, Final Valuation Date June 21, 2029, and Maturity Date June 25, 2029. The Notes are unsecured obligations of UBS and repayment is subject to UBS creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Accenture plc with approximately a one-year term. The Notes pay contingent coupons only if the underlying closing level meets a coupon barrier on observation dates and may be automatically called early if the underlying reaches or exceeds the initial level. If not called, principal repayment at maturity is contingent on the final level relative to a downside threshold; if the final level is below that threshold, investors suffer a loss equal to the underlying return and could lose their full investment. All payments are subject to UBS credit risk. Trade date, settlement date, final valuation date, and maturity dates are shown in the supplement.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Accenture plc due on or about June 25, 2027. The notes pay a contingent coupon only when the underlying closes at or above a coupon barrier on observation dates and include an automatic call if the underlying closes at or above the initial level on any observation date prior to maturity.

If the notes are not called early, repayment at maturity is contingent: if the final level is at or above the downside threshold, UBS will pay the principal amount; if the final level is below the downside threshold, repayment will decline in direct proportion to the underlying return, and investors could lose a significant portion or all of their investment. All payments are subject to UBS's creditworthiness. Trade date is June 23, 2026 and expected settlement is June 25, 2026.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Intel Corporation stock due June 26, 2028. The Notes pay contingent coupons only if the underlying closing level on observation dates meets or exceeds the coupon barrier and will be automatically called if the underlying equals or exceeds the initial level on any observation date prior to the final valuation 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 investors could lose a significant portion or all of their investment. All payments depend on UBS's creditworthiness. The estimated initial value was $9.76 per $10 Note and the minimum investment is 100 Notes.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Advanced Micro Devices, Inc. common stock due June 26, 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 depends on the final level versus a downside threshold; if the final level is below that threshold, 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 any payments, including repayment of principal, depend on UBS’s creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Intel Corporation, with final terms to be set on the trade date. The Notes have a principal amount of $10 per Note, an expected trade date of June 23, 2026, settlement on June 25, 2026, a final valuation date of June 22, 2028 and an expected maturity of June 26, 2028.

The Notes pay a periodic contingent coupon only if the underlying closing level on an observation date is at or above a coupon barrier; they are automatically called early if the underlying closes at or above the initial level on any observation date, in which case holders receive principal plus any contingent coupon due. If not called and the final level is below the downside threshold, holders suffer a loss proportional to the underlying return and could lose their entire investment. Payments are subject to the creditworthiness of UBS. The estimated initial value range on the trade date is $9.39 to $9.64 per Note.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Advanced Micro Devices, Inc. The preliminary pricing supplement dated June 23, 2026 describes notes maturing on June 26, 2028 with observation dates that can trigger automatic early calls and contingent coupons only when the underlying meets specified barriers. The notes pay contingent coupons when the underlying's closing level meets or exceeds a coupon barrier on observation dates; they are automatically called if the underlying on an observation date equals or exceeds the initial level, in which case investors receive principal plus any contingent coupon due. 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; otherwise, repayment declines pro rata with the underlying, potentially resulting in a total loss. Trade date is June 23, 2026 with settlement expected June 25, 2026. Minimum investment is 100 Notes at $10 per Note.

UBS AG is offering $14,158,000 in exchangeable notes linked to the common stock of General Motors Company due on or about June 25, 2029. Each Note has a $1,000 principal amount and pays at maturity the greater of principal or a final conversion value equal to the share exchange amount multiplied by GM's closing level on the valuation date.

The share exchange amount is 8.70248374 (subject to antidilution adjustments), the stated initial level is $79.5223, and the Notes incorporate a conversion premium of 1.445 (44.5%). There is no coupon; payments are subject to UBS credit risk. The estimated initial value is between $977.00 and $1,000.00 per Note; the issue price is 100% of par. Secondary market liquidity is limited and UBS Securities LLC may act as market maker with a temporary market‑making premium.

UBS AG is offering Airbag Autocallable Yield Notes linked to the common stock of Advanced Micro Devices, Inc. The offering size shown is $500,000. The Notes pay a quarterly coupon (estimated $51.60 per $1,000 Note) and include an automatic call feature. If not called and the final level is below the conversion level, holders will receive a share delivery amount (principal converted into shares), which may be worth less than principal, producing a loss. The trade date is June 23, 2026, settlement June 25, 2026, final valuation June 23, 2027 and maturity June 25, 2027. Payments remain subject to UBS creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Broadcom Inc. common stock with final maturity on June 25, 2029. The notes pay a contingent coupon only if the closing level of the underlying meets or exceeds a coupon barrier on observation dates and will be automatically called early if the underlying equals or exceeds the initial level on any observation date prior to the final valuation date. Principal repayment at maturity is contingent: if the final level is at or above the downside threshold you receive the principal; if the final level is below the downside threshold your payment will be reduced in proportion to the underlying return and you could lose all of your investment. All payments are subject to UBS credit risk.

Key documented specifics include a trade date of June 23, 2026, settlement on June 25, 2026, final valuation date June 21, 2029, and maturity June 25, 2029. Minimum purchase is 100 Notes at $10 per Note (minimum $1,000). The issuer’s estimated initial value was stated as $9.72 per Note.

UBS AG is offering Airbag Autocallable Yield Notes linked to the common stock of Advanced Micro Devices, Inc. The preliminary pricing supplement dated June 23, 2026 describes one-year notes with an expected trade date of June 23, 2026, settlement on June 25, 2026, a final valuation date of June 23, 2027, and maturity on or about June 25, 2027.

The Notes pay a periodic coupon unless they are automatically called early. An automatic call occurs if the closing level of the underlying on any observation date prior to the final valuation date is equal to or greater than the initial level; in that case investors receive principal plus the coupon for that period. If not called, repayment at maturity is contingent: if the final level is at or above the conversion level UBS pays principal in cash plus the coupon; if the final level is below the conversion level UBS delivers a calculated number of AMD shares per Note (the share delivery amount), which may be worth less than principal, producing a loss. Any payments are subject to UBS credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Broadcom Inc. stock due on or about June 25, 2029. The Notes pay a periodic contingent coupon only if the underlying closing level on an observation date is at or above the coupon barrier and will be automatically called early if the underlying closes at or above the initial level on any observation date. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; otherwise repayment at maturity declines in proportion to the underlying return and could result in the loss of all principal. The offering is subject to UBS credit risk, minimum investment of $1,000 (100 Notes), and an estimated initial value range of $9.35 to $9.60 per Note as of the trade date.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Eli Lilly and Company due June 25, 2029. 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 stock closes at or above the initial level on any interim observation date. If not called, principal repayment at maturity is contingent on the final level relative to a downside threshold; if the final level is below that threshold, investors absorb the percentage decline of the underlying asset and could lose a substantial portion or all of principal. Payments depend on UBS's creditworthiness. Trade date is June 23, 2026, settlement June 25, 2026, final valuation date June 21, 2029, and maturity June 25, 2029.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Advance Auto Parts, Inc. common stock due June 26, 2028. The Notes pay periodic contingent coupons only if the underlying closing level on each observation date meets or exceeds the coupon barrier; otherwise no coupon is paid. UBS will automatically call the Notes early if the underlying closing level on any observation date before the final valuation date is at or above the initial level, in which case holders receive principal plus any contingent coupon on the related call settlement date. If the Notes are not called, repayment at maturity is contingent: if the final level is at or above the stated downside threshold, holders receive the principal amount; if the final level is below the downside threshold, holders receive a cash payment that reflects the underlying return and may lose a substantial portion or all of their investment. The Notes are unsecured obligations of UBS and any payments depend on UBS's creditworthiness.

UBS AG is offering $329,000 in Trigger Autocallable Contingent Yield Notes linked to the common stock of Applied Materials, Inc., due June 25, 2027. The Notes pay a contingent coupon on scheduled coupon dates only if the underlying closing level on each observation date meets or exceeds a coupon barrier; otherwise no coupon is paid. The Notes will be automatically called early (principal plus any contingent coupon) 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 repayment at maturity is contingent: if the final level is at or above the disclosed downside threshold you receive the $10 principal per Note; if the final level is below that threshold you receive an amount that reflects the underlying return and could lose a significant portion or all of your investment. All payments are subject to UBS credit risk. Trade date is June 23, 2026, expected settlement June 25, 2026, final valuation date June 23, 2027, and maturity June 25, 2027. The estimated initial value per Note was $9.87 as of the trade date and the minimum investment is 100 Notes ($1,000).

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Netflix, Inc. common stock due June 26, 2028. The Notes pay periodic contingent coupons only if the underlying closing level meets or exceeds a coupon barrier on observation dates and will be automatically called early if the underlying closes at or above the initial level on any 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 you receive $10 per Note; if below that threshold you receive $10 multiplied by (1 + underlying return), which can result in a substantial loss or total loss of principal. Payments remain subject to UBS credit risk. Trade date is June 23, 2026, settlement June 25, 2026, final valuation date June 22, 2028, and maturity June 26, 2028. The Notes are offered in minimum increments of 100 Notes at $10 per Note and the estimated initial value as of the trade date is $9.79.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of NVIDIA Corporation, maturing June 25, 2029. The Notes pay a periodic contingent coupon only if the underlying closing level on an observation date meets or exceeds a coupon barrier and will be automatically called early if the underlying closes at or above the initial level on any observation date prior to the final valuation date. If not called, principal is repaid at maturity only if the final level is equal to or greater than the downside threshold; otherwise principal is reduced proportionally to the underlying return and investors could lose a significant portion or all of their principal. The Notes have a $10 principal amount per Note, an estimated initial value of $9.74 as of the trade date, and are offered in minimum increments of 100 Notes.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Meta Platforms, Inc. due June 25, 2029. Each Note has a principal amount of $10 and a minimum purchase of 100 Notes ($1,000). The Notes pay a contingent coupon on scheduled coupon payment dates only if the underlying closing level on the applicable observation date is equal to or greater than the coupon barrier; otherwise no coupon is paid for that period. The Notes 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, in which case UBS will pay principal plus any contingent coupon due on the related coupon payment date. If not called, repayment at maturity depends on the final level relative to a downside threshold (example: $70.00, or 70.00% of the initial level); if the final level is below that threshold, principal is repaid on a contingent basis and investors may lose a significant portion or all of their investment. The estimated initial value on the trade date is $9.75. All payments, including any contingent coupon or repayment of principal, are subject to the creditworthiness of UBS.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Eli Lilly and Company, with a trade date of June 23, 2026, expected settlement on June 25, 2026, a final valuation date of June 21, 2029 and maturity on June 25, 2029.

The Notes pay periodic contingent coupons only if the underlying stock 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 an observation date. Principal is protected at maturity only if the final level is at or above the disclosed downside threshold; otherwise principal repayment is reduced proportional to the underlying return and total loss is possible. The principal amount per Note is $10; the estimated initial value range is $9.35–$9.60. All payments depend on UBS’s creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Advance Auto Parts, Inc. The notes pay periodic contingent coupons only if the underlying closes at or above a coupon barrier on observation dates and can be automatically called early if the underlying closes at or above the initial level. If not called, principal is repaid at maturity only if the final level is at or above a stated downside threshold; otherwise investors suffer a principal loss equal to the underlying return. Trade and settlement are expected on June 23, 2026 and June 25, 2026, with final valuation on June 22, 2028 and maturity on June 26, 2028. Notes are unsecured obligations of UBS and repayment is subject to UBS credit risk. Minimum purchase is 100 Notes ($1,000); estimated initial value per Note is between $9.33 and $9.58.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of Applied Materials, Inc. The preliminary pricing supplement describes notes due on or about June 25, 2027 with a trade date of June 23, 2026 and settlement on June 25, 2026. Each Note has a principal amount of $10 and a minimum purchase of 100 Notes ($1,000). The document shows an estimated initial value range of $9.54 to $9.79 per Note as of the trade date and includes illustrative terms: a hypothetical contingent coupon rate of 23.86% per annum (contingent coupon of $0.5965 per $10 Note), a coupon barrier and downside threshold equal to $50.00 (50% of the initial level) and example scenarios where maturity payments can be full principal, principal plus contingent coupon, or materially less than principal (illustrative low-payment example: $3.00 per $10 Note).

The notes pay contingent coupons only if observation-date closing levels meet the coupon barrier, may be automatically called early if the underlying meets or exceeds the initial level on an observation date, and repay principal at maturity contingent on the final level relative to the downside threshold. All payments are subject to UBS credit risk. The pricing supplement is preliminary and final terms will be set on the trade date.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Netflix, Inc., maturing on or about June 26, 2028. The Notes pay 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 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; otherwise repayment equals $10 × (1 + underlying return), exposing holders to the negative return of the underlying and potential loss of the entire investment. The preliminary trade date is June 23, 2026 with expected settlement June 25, 2026. The Notes are unsecured obligations of UBS and any payment depends on UBS creditworthiness. The offering carries minimum investment of 100 Notes ($1,000) and an estimated initial value range of $9.44 to $9.69 per Note as of the trade date.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Meta Platforms, Inc. The preliminary pricing supplement dated June 23, 2026 sets key dates: trade date June 23, 2026, expected settlement June 25, 2026, final valuation date June 21, 2029, and maturity June 25, 2029. The Notes pay periodic contingent coupons only if the underlying closing level meets a coupon barrier on observation dates and are automatically called if the underlying closes at or above the initial level on any observation date prior to the final valuation date.

The Notes repay principal at maturity only if the final level is at or above a stated downside threshold; if the final level is below that threshold, the cash payment may be less than principal and can reflect the percentage decline in the underlying, potentially resulting in a total loss. The offering minimum is 100 Notes at $10 per Note and the issuer’s estimated initial value range is between $9.37 and $9.62 per Note.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of NVIDIA Corporation due on or about June 25, 2029. The Notes pay a contingent coupon on each coupon payment date only if the underlying closing level on the related observation date is equal to or above the coupon barrier; otherwise no coupon is paid. The Notes 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, in which case investors receive principal plus any contingent coupon then due. If not called, principal is repaid at maturity only if the final level is equal to or greater than the downside threshold; if the final level is below that threshold, repayment is reduced in proportion to the underlying return and investors could lose a significant portion or all of their investment. The offering is subject to final Offering Documents and is dependent on UBS creditworthiness.

UBS AG is offering $250,000 of Trigger Callable Contingent Yield Notes linked to the least performing of the FTSE® 100 Index and the EURO STOXX 50® Index due May 23, 2028. The Notes pay a contingent coupon of 7.20% per annum only if each underlying asset meets its coupon barrier on observation dates; otherwise no coupon is paid. UBS may call the Notes monthly (beginning after ~6 months); if not called, principal is repaid at maturity only if each final level is at or above its 65.00% downside threshold. If the final level of the least performing underlying asset is below its threshold, payment at maturity will be reduced pro rata (you could lose a significant portion or all of your investment). The estimated initial value on the trade date was $984.20 per $1,000 Note. Payments are subject to UBS credit risk and there will likely be limited secondary market liquidity.

UBS AG is offering $812,000 of Trigger Autocallable Contingent Yield Notes with Memory Interest linked to the common stock of ON Semiconductor Corporation, maturing December 27, 2027. The Notes pay a contingent coupon of 23.08% per annum if the underlying equals or exceeds the coupon barrier on an observation date and feature an automatic call if the underlying equals or exceeds the call threshold. The Initial Level is $131.55 (trade date close), the call threshold is 100.00% of that level, and the downside threshold/coupon barrier is 50.00% ($65.78). If the Notes are not called and the final level is below the downside threshold, principal repayment is reduced pro rata to the underlying return and investors could lose a significant portion or all principal. Issue price is $1,000 per Note (estimated initial model value $962.10), settlement expected June 24, 2026, and maturity December 27, 2027.

UBS AG offers $450,000 Trigger Autocallable Contingent Yield Notes linked to the common stock of Advanced Micro Devices, Inc., maturing June 25, 2029. The Notes pay periodic contingent coupons only if the underlying's closing level on an observation date is at or above the coupon barrier and will be automatically called early if the underlying's closing level on any observation date prior to the final valuation date is at or above the initial level. If not called and the final level is below the downside threshold, repayment at maturity is reduced pro rata to the underlying return and you could lose a significant portion or all of your principal. The Notes have a minimum investment of 100 Notes ($1,000) and an estimated initial value of $9.74 per Note as of the trade date.

UBS AG London Branch offers capped, leveraged basket‑linked medium‑term notes linked to an unequally weighted five‑index basket. The notes have a 300.00% upside participation rate, a cap level of 109.75% and a maximum settlement amount of $1,292.50 per $1,000 face amount. They pay no interest, are cash‑settled at maturity on March 23, 2028 (determination date March 21, 2028), and expose holders to full downside loss of principal if the final basket level is below the initial level. The estimated initial value on the trade date was $980.30 per $1,000 face amount; the original issue price is 100%.

The pricing supplement describes $1,630,000 of Contingent Income Auto-Callable Securities issued by UBS AG London Branch, due June 22, 2029. Each security has a stated principal of $1,000.00 and offers a contingent payment of $130.00 (52.00% per annum) on specified contingent payment dates if all three underlyings meet 60% coupon barrier levels on the corresponding determination dates.

Performance and payouts are tied to the worst performing of the common stock of Ciena (initial price $428.22), Coherent (initial price $389.57) and Lumentum (initial price $850.00). If unredeemed at maturity and any underlying is below its 60% downside threshold, investors receive a cash amount reduced pro rata by the worst-performing underlying return and may lose a substantial portion or all principal. Payments depend on UBS creditworthiness; securities are unsecured and not listed.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Accenture plc stock, maturing June 23, 2028. Each Note has a $10 principal amount and pays a contingent coupon only if the underlying closing level meets a coupon barrier on observation dates. The Notes can be automatically called early if the underlying equals or exceeds the initial level on an observation date, in which case investors receive principal plus any contingent coupon then due. If not called, repayment at maturity is contingent: if the final level is below the downside threshold, principal may be reduced proportionally (investors can lose a significant portion or all principal). The estimated initial value on the trade date was $9.62. Trade and settlement occur in June 2026 and the final valuation and maturity are in June 2028. The offering carries issuer credit risk of UBS and limited liquidity; suitability and detailed risks are described in the product supplement and prospectus.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Celsius Holdings, Inc. The cover here shows an indicated offering caption of $200,000 in principal. The Notes pay periodic contingent coupons only if the underlying stock closes at or above the 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 maturity. 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), which can result in a large loss, including loss of the entire investment. Key dates: Trade Date June 18, 2026; Settlement Date June 23, 2026; Final Valuation Date June 21, 2028; Maturity Date June 23, 2028. The estimated initial value per Note on the trade date is $9.74. All payments are subject to UBS creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Broadcom Inc. stock due June 25, 2029. The Notes pay a contingent coupon only if the underlying meets the coupon barrier on observation dates and will be automatically called early if the underlying equals or exceeds the initial level on any quarterly observation (beginning ~6 months after issuance). At maturity, principal is repaid only if the final level is at or above the downside threshold; otherwise principal is reduced pro rata to the underlying return and investors can lose a substantial portion or all of their investment. Payments are subject to UBS credit risk. The Notes are offered in $10 increments with a principal amount of $10 per Note and an estimated initial value of $9.70 as of the trade date.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of CrowdStrike Holdings, Inc. The Notes pay periodic contingent coupons only when the underlying closing level on an observation date meets or exceeds the coupon barrier; they autocall early if the underlying equals 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 at maturity is reduced proportionally and investors may lose a substantial portion or all of principal. Key terms include an expected trade date of June 18, 2026, settlement on June 23, 2026, final valuation date June 21, 2028, and maturity on June 23, 2028. The Notes have a principal amount of $10 per Note, an estimated initial value of $9.83 per Note, a stated contingent coupon rate example of 19.21% per annum (contingent coupon $0.1601 per Note) and a minimum investment of 100 Notes ($1,000). Any payments depend on UBS creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Alcoa Corporation due June 23, 2028. The Notes pay periodic contingent coupons only if the underlying closing level on observation dates meets a coupon barrier; they autocall early if the underlying closes at or above the initial level on any observation date.

If not called, principal is repaid at maturity only if the final level is at or above a disclosed downside threshold; if the final level is below that threshold, repayment may be reduced proportionally to the underlying return and you could lose a significant portion or all of your investment. All payments are subject to UBS credit risk. The issue has a $10 principal per Note, an estimated initial value of $9.64, a minimum investment of 100 Notes ($1,000), and key dates include Trade Date June 18, 2026, Settlement Date June 23, 2026, Final Valuation Date June 21, 2028 and Maturity Date June 23, 2028.