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

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Oracle Corporation common stock due June 20, 2028. The Notes pay periodic contingent coupons only if the underlying closing level meets a coupon barrier on observation dates and can be automatically called quarterly (beginning after six months) if the underlying equals or exceeds the initial level. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; otherwise repayment declines proportionally to the underlying return, potentially resulting in total loss. The estimated initial value per $10 Note on the trade date is $9.69. Key dates: trade June 16, 2026, settlement June 18, 2026, final valuation June 15, 2028, maturity June 20, 2028.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of NVIDIA Corporation maturing on or about December 20, 2027. The preliminary pricing supplement dated June 16, 2026 sets key dates and example economics.

The Notes pay contingent coupons only if the underlying meets coupon barriers on observation dates, can be automatically called early if the underlying meets or exceeds the initial level on an observation date, and repay principal at maturity only if the final level is at or above the downside threshold; otherwise principal is reduced pro rata to the underlying return. Payments remain subject to UBS creditworthiness. Trade and settlement are shown as June 16, 2026 and June 18, 2026, with final valuation on December 16, 2027.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Oracle Corporation stock due on or about June 20, 2028. The notes pay a contingent coupon on each coupon payment date only if the underlying closing level on the applicable observation date meets or exceeds the coupon barrier; otherwise no coupon is paid. The notes become automatically callable on any quarterly observation date (beginning after six months) if the underlying closing level is at or above the initial level; an automatic call results in a cash payment equal to the principal plus any contingent coupon then due on the call settlement date. If not called, repayment at maturity is contingent: if the final level is at or above the downside threshold you receive the principal amount; if the final level is below the downside threshold you receive a cash payment equal to $10 x (1 + Underlying Return), which can result in a substantial loss or a total loss of principal. Trade date is June 16, 2026, settlement is June 18, 2026, the final valuation date is June 15, 2028, and estimated initial value per Note is between $9.39 and $9.64 on the trade date. The Notes are unsecured obligations of UBS and any payments depend on UBS creditworthiness.

UBS AG is offering Capped GEARS, unsecured notes linked to the S&P 500® Index with an expected term of approximately 14 months and a maturity on August 31, 2027. The final economic terms (including the exact maximum gain) will be set on the trade date.

Key preliminary terms: Upside Gearing of 3.00, a maximum gain range of 13.60% to 15.60%, an estimated initial value of $9.494 to $9.794 per $10 Security, and a minimum purchase of 100 Securities (representing a $1,000 investment). Payments at maturity depend on the underlying return; downside exposure can result in loss of some or all principal and all payments are subject to UBS credit risk.

UBS AG priced a preliminary offering of Buffer Callable Contingent Yield Notes linked to the least performing of the S&P 500® Index and the Russell 2000® Index due June 21, 2029. The notes pay a contingent coupon of 8.20% per annum on specified observation dates only if each index meets its coupon barrier; UBS may call the notes in whole on any observation date. If not called, repayment at maturity depends on the final levels of the underlying indices relative to their 70.00% downside thresholds and a 30% buffer (S&P 500 example). The notes are unsecured obligations of UBS, not exchange-listed, carry significant market and credit risk, and the issue price exceeds the estimated initial value per UBS’ internal models. Investors may lose some or almost all principal if the least performing underlying asset declines beyond the buffer.

UBS AG priced a preliminary offering of Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100 Technology Sector, the Russell 2000 and the Dow Jones Industrial Average, with a contingent coupon rate of 10.80% per annum and a maturity on or about June 28, 2029.

The notes are issuer-callable monthly beginning after six months, pay contingent coupons only if each underlying closes at or above its coupon barrier, and return principal at maturity only if each final level is at or above its downside threshold (each downside threshold = 50.00% of initial level; each coupon barrier = 70.00% of initial level). The estimated initial value range is $961.10 to $991.10; issue price is $1,000.00 per Note with proceeds to UBS of $993.50 per Note after a $6.50 underwriting discount. The notes are unsecured obligations of UBS and subject to UBS credit risk and various market, liquidity and structural risks described in the supplement.

UBS AG is offering Trigger Autocallable Contingent Yield Notes with Memory Interest linked to the common stock of Broadcom Inc., maturing June 21, 2029. The notes pay a contingent coupon (16.35% per annum) only if the underlying closes at or above a coupon barrier on monthly observation dates and are automatically called if the underlying meets a call threshold on an observation date (callable after ~3 months). Principal is repayable at maturity only if the final level is at or above the downside threshold (60.00% of the initial level); otherwise investors absorb the percentage decline in the underlying (potentially a total loss). The issue price is $1,000.00 per note (total offering $300,000.00); the estimated initial value per note was $983.80. All payments are subject to UBS credit risk and the product is not FDIC insured.

UBS AG is offering $3,125,000 of Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100® Technology Sector and the Russell 2000® Index. The Notes have a term of approximately three years, trade date June 15, 2026, settlement June 18, 2026, final valuation June 15, 2029 and maturity June 21, 2029. The Notes pay a fixed contingent coupon of 11.50% per annum on any coupon payment date on which both underlying assets are at or above their coupon barriers; otherwise no coupon is paid. Each Note has a principal amount of $1,000, an estimated initial value of $988.90 and an issue price of $1,000. Coupon barriers and downside thresholds are set at 70.00% of each initial level (NDXT initial level 18,280.42; RTY initial level 2,965.087). If UBS does not call the Notes and the final level of any underlying asset is below its downside threshold, repayment at maturity will be reduced and can result in loss of a significant portion or all of invested principal. All payments are subject to UBS credit risk.

UBS AG is offering Capped Buffer Securities linked to the S&P 500® Index with a $831,000 issue size and a July 15, 2027 maturity. Each $1,000 Security limits upside to a 17.05% maximum gain and provides a 10.00% buffer against initial losses; if the final index level is below the downside threshold, investors suffer losses in excess of the buffer. Payments and any principal recovery are subject to UBS creditworthiness. The estimated initial value was $994.00 per Security and the initial index level (strike) was 7,431.46 observed on June 12, 2026.

UBS AG is offering Trigger Autocallable Yield Notes linked to Oracle Corporation common stock due June 21, 2030. The offering totals $1,719,000 at an issue price of $1,000 per Note and pays a quarterly coupon equal to an annual 11.00% rate unless the Notes are automatically called on quarterly observation dates beginning after 12 months. If an observation date's closing level is at or above the call threshold (100% of the initial level), UBS will call the Notes and pay principal plus the coupon due on the related coupon payment date. If not called, principal repayment at maturity depends on the final level relative to the downside threshold (50% of the initial level); if the final level is below that threshold, repayment is reduced pro rata by the underlying return, and you could lose a substantial portion or all of your investment. Payments are subject to UBS credit risk and the Notes are not exchange-listed.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the FTSE® 100 Index and the EURO STOXX 50® Index due on or about May 23, 2028. The Notes pay a contingent coupon of 7.20% per annum only when each underlying asset meets its coupon barrier on an observation date. UBS may call the Notes monthly beginning after approximately six months; if UBS calls early you receive principal plus any contingent coupon then due. If the Notes are not called and the final level of any underlying asset is below its downside threshold (65.00% of initial level), principal repayment at maturity will be reduced proportionally to the decline of the least performing underlying asset, and you could lose a substantial portion or all of your investment. The issue price is $1,000 per Note; estimated initial value range is $954.20 to $984.20. The underwriting discount is $6.50 per Note and net proceeds per Note to UBS are $993.50. The Notes are unsecured obligations of UBS and repayment is subject to UBS credit risk. The 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 due on or about December 28, 2027. The Notes pay a 12.05% per annum contingent coupon only if each underlying closes at or above its coupon barrier on observation dates; UBS may call the Notes monthly beginning after three months. If UBS does not call the Notes and the final level of any underlying is below its downside threshold (70.00% of initial level), the principal repayment at maturity will be reduced by the percentage decline of the least performing underlying asset, potentially resulting in loss of all principal. The estimated initial value range is $953.40 to $983.40 per $1,000 Note; issue price is $1,000.00 per Note. The offering includes an underwriting discount and potential structuring fees of up to $7.25 per Note. The Notes are unsecured obligations of UBS and subject to UBS credit and structural risks described herein.

UBS AG is offering Barrier Market Linked Notes linked to the LBMA gold spot price due about June 30, 2028. Each Note has a $1,000 principal amount and pays no interest. If a barrier event occurs on any observation day, holders receive principal plus a conditional return of 8.00%. If no barrier event occurs and the final price exceeds the initial price, the payout equals principal plus the underlying return but is capped at a maximum gain of 40.00%–43.50% (maximum payment per Note $1,400.00–$1,435.00). Trade date and settlement are expected June 26, 2026 and June 30, 2026, respectively. The estimated initial value on the trade date is between $945.70 and $975.70. All payments are subject to UBS credit risk and various market, liquidity and tax risks described herein.

UBS AG is offering Trigger Autocallable Contingent Yield Notes with Memory Interest linked to the common stock of Arista Networks, Inc., with an aggregate issue size of $4,313,000 and a per‑note principal of $1,000. The notes pay a contingent coupon of 15.69% per annum on observation dates when the underlying closing level meets or exceeds the coupon barrier, feature quarterly observation dates (callable after six months), an automatic call if the underlying equals or exceeds the call threshold, and contingent principal repayment at maturity that exposes holders to the underlying’s downside if the final level is below the downside threshold. The initial level is $169.09, the call threshold is $169.09 (100.00% of initial), and the coupon barrier and downside threshold are $84.55 (50.00% of initial). The estimated initial value per note is $964.00. All payments are subject to UBS credit risk and there may be little or no secondary market.

UBS AG is offering UBS Trigger Autocallable Contingent Yield Notes with Memory Interest linked to the common stock of NVIDIA Corporation, with expected trade date June 22, 2026, final valuation date June 22, 2027 and maturity June 25, 2027. Each Note has a principal amount of $1,000.

The Notes pay a contingent coupon at a stated 14.50% per annum rate when the underlying closing level on an observation date is at or above the coupon barrier; unpaid coupons may be paid later via the memory interest feature. The Notes are automatically callable on monthly observation dates beginning after three months if the underlying equals or exceeds the call threshold.

If not called and the final level is below the downside threshold, repayment at maturity is reduced pro rata by the underlying return, and investors can lose a significant portion or all principal. Payments are unsecured obligations of UBS and depend on UBS creditworthiness. The estimated initial value range at pricing is $942.80 to $972.80.

UBS AG priced a preliminary offering of Capped Buffer GEARS linked to an equally-weighted basket of BX, JPM and WFC with a term of approximately 15 months and a maturity date of September 23, 2027. Each Security has a principal amount of $1,000, an upside gearing of 3.00%, a maximum gain of 25.14% (maximum payment $1,251.40) and a downside buffer of 5.00% (downside threshold 95.00% of the initial basket level). The estimated initial value range is $938.40 to $968.40, and the issue price is $1,000 per Security. Payments at maturity depend on the basket return, the buffer and UBS creditworthiness; holders may lose some or almost all principal if the final basket level is below the downside threshold.

UBS AG is offering $9,231,000 of Trigger Autocallable Contingent Yield Notes with Memory Interest linked to the least performing of The Home Depot, Inc. and McDonald’s Corporation, due June 15, 2029.

The Notes pay a contingent coupon at a 11.00% per annum rate if on each quarterly observation date the closing level of both underlying stocks is at or above their coupon barriers. The Notes are callable quarterly after the first year if both underlyings meet their call thresholds; principal repayment at maturity is contingent on the least performing underlying meeting the downside threshold (60% of initial level).

The issue price is $1,000 per Note, the aggregate offering is $9,231,000, and UBS reports an estimated initial value per Note of $986.10. Any payment, including principal, depends on UBS’ creditworthiness and investors may lose a significant portion or all of their investment.

UBS AG offers $21,255,000 of Contingent Income Auto-Callable Securities due June 15, 2029 based on the Class A common stock of Alphabet Inc. The securities pay a contingent payment of $25.625 per security (10.25% per annum) on scheduled determination dates if the closing price is at or above the downside threshold of $215.81 (60.00% of the initial price). If the closing price on a non-final determination date is at or above the call threshold of $359.68, the securities are auto‑redeemed at the stated principal plus the contingent payment. If not redeemed and the final price is below the downside threshold, holders receive a cash value equal to the exchange ratio times the final price and may lose a substantial portion, or all, of principal. Payments are unsecured obligations of UBS AG and subject to UBS credit risk. The estimated initial value at pricing was $976.20 per security and the issue price is $1,000.00 per security.

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 S&P 500® Index. The $1,000 Notes pay a contingent coupon of 10.55% per annum on each coupon payment date only if the closing level of each index equals or exceeds its coupon barrier on the related observation date. UBS may call the Notes in whole on monthly observation dates beginning after six months. If not called, at maturity on June 17, 2030 repayment equals $1,000 if each final index level is at or above its downside threshold; otherwise repayment is reduced pro rata to the negative return of the least performing underlying asset, possibly resulting in total loss. The estimated initial value per Note is $990.60 and the offer aggregate is $9,869,000. Payments depend on UBS creditworthiness.

UBS AG is offering Trigger Autocallable GEARS linked to the Bloomberg Commodity Index 3 Month Forward. The offering totals $390,000 at $10.00 per Security with a minimum $1,000 purchase. The Securities are callable on June 17, 2027 with a call return rate of 20.50% per annum (call price $12.05). If not called, maturity is June 16, 2031 and payoffs depend on the underlying return multiplied by an upside gearing of 1.25, subject to a downside threshold of 75.00% of the initial level. The estimated initial value per Security is $9.697. Payments (including any principal repayment) are unsecured obligations of UBS and depend on UBS’ creditworthiness.

UBS AG offers Trigger Autocallable GEARS linked to an equally-weighted basket of 29 equities due June 14, 2029 in a total offering of $29,475,700.00 at an issue price of $10.00 per Security (minimum investment $1,000). The securities carry an autocall feature with an autocall barrier at 100.00% of the initial basket level and a call return rate of 22.00%. If not called, maturity payoff depends on the basket return, an upside gearing of 1.75, and a downside threshold at 75.00% of the initial basket level. The estimated initial value on the trade date was $9.609 per Security and payments are subject to UBS credit risk.

UBS AG offers $7,525,600 of Buffer Autocallable GEARS linked to an unequally weighted basket of five equity indices. The Securities are sold at $10.00 per Security (minimum 100 Securities) with an estimated initial value of $9.743. Key economic terms: call return rate 12.00%, upside gearing 1.93, buffer 10%, autocall barrier 100% and downside threshold 90%. The trade date is June 12, 2026, settlement June 16, 2026, observation date June 21, 2027, final valuation date June 12, 2029 and maturity June 14, 2029. Payments depend on whether an automatic call occurs on the observation date and on the final basket level at maturity; principal repayment is contingent on UBS creditworthiness.

UBS AG is offering Capped Buffer GEARS linked to Freeport-McMoRan Inc. stock that mature on June 20, 2028. Each Security has a $10 principal amount and provides enhanced upside exposure (Upside Gearing 2.00) subject to a 50.88% maximum gain and a buffered downside that in the examples equals 30.00%. Payments at maturity depend on the underlying return, whether the final level is below the downside threshold, and UBS’s creditworthiness; estimated initial value as of the trade date is $9.60. The Securities do not pay interest, may not be listed, have limited liquidity, and repayment of principal is contingent and subject to issuer default risk.

UBS AG is offering a preliminary pricing supplement for Capped Buffer GEARS linked to the common stock of Freeport-McMoRan Inc. The securities provide enhanced exposure to positive underlying returns up to a capped maximum gain and offer a buffered downside that applies only at maturity.

The document sets illustrative terms used to price the notes: an Upside Gearing of 2.00, a Maximum Gain of 50.00% and a hypothetical Buffer of 30.00%. Trade date and settlement are shown as June 15, 2026 and June 17, 2026, with a final valuation date of June 15, 2028 and maturity on or about June 20, 2028. The securities are unsecured obligations of UBS and any repayment is subject to UBS creditworthiness.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Netflix, Inc. common stock due June 20, 2028. The Notes pay periodic contingent coupons only if the underlying closing level on observation dates meets a coupon barrier and may be automatically called if the underlying reaches the initial level on an observation date prior to maturity.

If not called, principal repayment at maturity is contingent: if the final level is below the downside threshold, repayment may be less than principal and could reflect the percentage decline in the underlying, including a total loss. Payments are subject to UBS credit risk. Trade date is June 15, 2026 and maturity is June 20, 2028.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Netflix, Inc., due on or about June 20, 2028. The Notes pay periodic contingent coupons only when the underlying's closing level meets or exceeds a coupon barrier on observation dates and may autocall early if the underlying equals or exceeds the initial level on an observation date. If not called, principal repayment at maturity is contingent: investors receive $10 per Note if the final level is at or above the downside threshold, but if the final level is below the downside threshold repayment will decline pro rata with the underlying, potentially to zero. Trade date is June 15, 2026 with settlement expected June 17, 2026. The estimated initial value range is $9.44 to $9.69 per Note, and the Notes are offered in minimum blocks of 100 Notes ($1,000).

UBS AG is offering $7,324,000 of Trigger Autocallable Notes linked to the least performing of the Russell 2000® Index and the S&P 500® Index. The Notes pay no interest and may be automatically called on annual observation dates; the call return rate is 11.45% per annum (call prices range from $1,114.50 to $1,458.00 per $1,000 Note depending on call timing). If not called, principal at maturity is contingent: if each underlying index is at or above its 70.00% downside threshold, UBS pays $1,000 per Note; if the least performing underlying asset finishes below its downside threshold, the payment equals $1,000 × (1 + underlying return of the least performing underlying asset), which can result in a significant loss, including total loss. Trade date is June 12, 2026, settlement June 17, 2026, final valuation June 12, 2030, maturity June 17, 2030. The estimated initial value was $968.80 and the issue price is $1,000 per Note; proceeds to UBS were $980.00 per Note after a $20 underwriting discount.

UBS AG is offering $2,229,000 of Trigger Autocallable Contingent Yield Notes with Memory Interest linked to the common stock of Dell Technologies Inc. The Notes pay a 25.00% per annum contingent coupon (equal to $62.50 per quarter per $1,000 Note) when the closing level of Dell meets or exceeds the coupon barrier on observation dates and are callable quarterly beginning after six months. If not called and the final level is at or above the downside threshold, principal is repaid; if the final level is below the downside threshold you suffer loss equal to the underlying return, up to a total loss of principal. The Notes mature on June 15, 2029, are unsecured obligations of UBS and subject to UBS credit risk. The estimated initial value on the trade date was $986.40 per $1,000 Note; the issue price is $1,000 per Note.

UBS AG is offering Capped Buffer GEARS linked to the S&P 500® Index due June 14, 2028. The offering totals $3,546,100.00 at an issue price of $10.00 per Security (minimum 100 Securities). The Securities provide 2.00× upside gearing subject to a 20.50% maximum gain and a 10.00% buffer (downside threshold 90.00% of the initial level, shown as 6,688.31). The estimated initial value is $9.799 per Security. Payments at maturity depend on the S&P 500® closing level on the final valuation date; principal repayment is contingent on issuer creditworthiness and holding to maturity. These Securities do not pay interest, have capped upside, and may result in loss of some or almost all principal.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Cameco Corporation, maturing on June 20, 2028. The Notes pay a contingent coupon on each coupon payment date only if the underlying closing level meets or exceeds a stated coupon barrier; otherwise no coupon is paid. UBS will automatically call the Notes early if the underlying closes at or above the initial level on any observation date prior to the final valuation date; upon an automatic call UBS will pay 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; 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. Trade date is June 15, 2026, settlement June 17, 2026, final valuation date June 15, 2028, and maturity June 20, 2028. Notes are issued in $10 principal amounts, minimum purchase 100 Notes ($1,000). The estimated initial value on the trade date is $9.73. All payments are subject to UBS's creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Stanley Black & Decker, Inc. The Notes mature on June 20, 2028 and pay periodic contingent coupons only if the underlying stock closes at or above a specified coupon barrier on observation dates; otherwise no coupon is paid.

If the underlying stock meets or exceeds the initial level on any observation date prior to the final valuation date, the Notes will be automatically called and UBS will pay the principal plus any contingent coupon on the related coupon payment 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, the cash payment at maturity equals $10 × (1 + underlying return), which can result in a partial or total loss of principal. All payments are subject to UBS credit risk. The estimated initial value per Note at pricing was $9.69, and the minimum investment is 100 Notes (representing $1,000). Trade and settlement dates are June 15, 2026 and June 17, 2026, respectively.

The UBS AG Trigger Autocallable Contingent Yield Notes are two‑year unsecured notes linked to the common stock of Blackstone Inc. The notes pay a contingent coupon on each coupon payment date only if the closing level of the underlying meets or exceeds a coupon barrier. UBS will automatically call the notes early if the underlying equals or exceeds the initial level on any observation date prior to the final valuation date; in that case investors receive principal plus any contingent coupon and the notes terminate. If not called and the final level is below the downside threshold, principal repayment at maturity is reduced pro rata to the underlying return, and investors could lose a significant portion or all of their initial investment. Key dates: Trade Date: June 15, 2026, Settlement Date: June 17, 2026, Final Valuation Date: June 15, 2028, Maturity Date: June 20, 2028. The estimated initial value per $10 note was $9.72, and all payments are subject to UBS credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Cameco Corporation, maturing on or about June 20, 2028. The notes pay periodic contingent coupons only if the underlying meets a coupon barrier on observation dates and are 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 a downside threshold; otherwise repayment falls proportionally with the underlying and could result in total loss. Key dates: trade date June 15, 2026, settlement June 17, 2026, final valuation June 15, 2028. Minimum investment is $1,000 (100 Notes). The preliminary estimated initial value range is $9.40–$9.65 per Note and an illustrative contingent coupon rate shown is 19.43% per annum (example contingent coupon $0.9715 on a $10 Note). These terms are preliminary; final terms will be set on the trade date.

UBS AG offers Capped Buffer GEARS linked to Applied Materials, Inc. common stock due June 20, 2028. Each Security has a $10 principal amount and provides enhanced participation in positive underlying returns (Upside Gearing 2.00) up to a Maximum Gain 74.18%. If the final level is at or above the downside threshold, UBS will repay the $10 principal; if the final level is below the downside threshold, payments are reduced and losses can exceed the buffer (Buffer 30.00%), potentially resulting in the loss of most or all principal. Payments depend on the closing level of the underlying asset on the Final Valuation Date and on UBS’s creditworthiness. Trade Date is June 15, 2026, Settlement Date June 17, 2026, Final Valuation Date June 15, 2028, Maturity Date June 20, 2028.

UBS AG priced a preliminary offering for $• Trigger Autocallable Contingent Yield Notes linked to the common stock of Stanley Black & Decker, Inc. The Notes have a $10 principal amount per Note, trade date June 15, 2026, expected settlement June 17, 2026, final valuation date June 15, 2028 and maturity June 20, 2028. Payments include periodic contingent coupons payable only if the underlying closes at or above a coupon barrier on observation dates, an automatic call if the underlying closes at or above the initial level on an observation date, and contingent principal repayment at maturity that can result in full downside exposure if the final level is below the downside threshold.

The preliminary pricing supplement shows an estimated initial value range of $9.35 to $9.60 per Note and an illustrative contingent coupon rate of 12.97% per annum. Investors bear both the market risk of the underlying stock and UBS credit risk; the Notes are unsecured, not FDIC insured and may result in loss of principal.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Blackstone Inc. The preliminary pricing supplement dated June 15, 2026 sets a trade date of June 15, 2026, expected settlement on June 17, 2026, final valuation date June 15, 2028 and maturity on June 20, 2028.

The Notes pay periodic contingent coupons only if the underlying closing level on observation dates meets the coupon barrier, and are automatically called if the underlying closing level on an observation date equals or exceeds the initial level. If not called, principal repayment at maturity is contingent on the final level relative to the downside threshold and could result in a loss up to the entire principal. Payments are subject to UBS credit risk. The preliminary estimated initial value range is $9.37 to $9.62 per $10 Note and minimum purchase is 100 Notes ($1,000).

UBS AG is offering Capped Buffer GEARS linked to the common stock of Applied Materials, Inc. The preliminary pricing supplement sets the trade date as June 15, 2026, settlement on June 17, 2026, final valuation on June 15, 2028, and maturity on June 20, 2028. The Securities are unsubordinated, unsecured debt obligations that pay no interest and have contingent repayment of principal at maturity dependent on the underlying return and a downside threshold.

The offering is sold in units of 100 Securities at $10 per Security (minimum $1,000). UBS discloses an estimated initial value range of $9.41 to $9.66. Example terms shown include an Upside Gearing of 2.00%, a Maximum Gain of 72.10% and a Buffer of 30.00% in the examples. Any payment is subject to UBS credit risk and the Securities will not be listed on an exchange.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Amazon.com, Inc. stock due June 18, 2029. The Notes pay a contingent coupon only if the underlying closing level on an observation date meets or exceeds a coupon barrier; otherwise no coupon is paid. The Notes will be automatically called early if the underlying closing level on an 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 due on the call settlement date and no further payments. If not called, repayment of principal at maturity is contingent: if the final level is at or above the downside threshold you receive principal; if below, you receive a reduced cash payment equal to $10 x (1 + Underlying Return), which can result in a substantial loss or a total loss of principal. The Notes are unsecured obligations of UBS and any payments depend on UBS's creditworthiness. Trade date is June 15, 2026; settlement June 17, 2026; final valuation date June 14, 2029; maturity June 18, 2029. The estimated initial value was $9.71 per Note and minimum investment is 100 Notes at $10 per Note.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Intel common stock due June 20, 2028. The Notes pay contingent coupons only when the underlying meets a coupon barrier on observation dates and can be automatically called early if the underlying meets the initial level. 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 repayment falls pro rata with the underlying return, potentially causing total loss. Key terms: trade date June 15, 2026, settlement June 17, 2026, final valuation June 15, 2028, minimum investment 100 Notes ($1,000), estimated initial value $9.74 per $10 Note. The offering includes an illustrative contingent coupon rate of 31.41% per annum and example downside where a $10 Note could pay $3.00 at maturity.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Applied Materials, Inc. common stock due June 18, 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; otherwise no coupon is paid. The Notes will be automatically called 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 then due. If not called, repayment of principal at maturity is contingent: if the final level is equal to or greater than the downside threshold, holders receive the principal amount; if the final level is below that threshold, holders receive an amount equal to $10 × (1 + Underlying Return), exposing investors to the negative return of the underlying and potential loss of principal. The Notes have a minimum investment of 100 Notes ($1,000) and an estimated initial value of $9.66 per Note as of the trade date. Payments are subject to UBS credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Broadcom Inc. due June 18, 2029. The Notes pay periodic contingent coupons only if the underlying closing level meets or exceeds a coupon barrier on observation dates and will be automatically called early if the underlying closes at or above the initial level on any prior observation date. If not called, principal is repayable at maturity only if the final level is at or above the downside threshold; otherwise repayment is reduced in proportion to the underlying return and investors may lose a significant portion or all of their principal. Trade and settlement occur in June 2026; minimum purchase is 100 Notes ($1,000). The issuer estimates an initial value of $9.73 per Note as of the trade date. The Notes are unsecured obligations of UBS and repayment is subject to UBS credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Amazon.com, Inc. The preliminary pricing supplement dated June 15, 2026 sets a trade date of June 15, 2026, expected settlement on June 17, 2026, a final valuation date of June 14, 2029, and a maturity date of June 18, 2029.

The Notes pay contingent periodic coupons only if the underlying closing level meets or exceeds the coupon barrier on observation dates, are automatically called if the underlying equals or exceeds the initial level on an observation date, and repay principal at maturity only if the final level is at or above a disclosed downside threshold. The Notes have a minimum purchase of $1,000 (100 Notes at $10 per Note) and an estimated initial value per Note between $9.37 and $9.62 as of the trade date. Any payments, including principal, depend on UBS's creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Adobe Inc. stock due June 20, 2028. The Notes pay periodic contingent coupons only if the underlying closing level on an observation date meets or exceeds the coupon barrier and may be automatically called quarterly beginning after 12 months if the underlying equals or exceeds the initial level.

If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; if the final level is below that threshold, repayment is reduced pro rata to the underlying return and you could lose a significant portion or all of your investment. All payments are subject to UBS credit risk. Trade date is June 15, 2026, settlement June 17, 2026, final valuation June 15, 2028 and maturity June 20, 2028.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Eli Lilly and Company due June 20, 2028. The notes pay a contingent coupon only when the underlying closing level on an observation date is at or above the coupon barrier; otherwise no coupon is paid.

The notes are automatically called if the underlying closes at or above the initial level on any observation date prior to the final valuation date; upon an automatic call UBS pays 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 (70% of the initial level); if below that threshold repayment declines in line with the underlying return and investors could lose a substantial portion — or all — of their investment. The notes are unsecured obligations of UBS and repayment depends on UBS creditworthiness. Trade date is June 15, 2026 with settlement on June 17, 2026. Final valuation date is June 15, 2028 and maturity is June 20, 2028. Minimum investment is 100 notes ($1,000). The estimated initial value on the trade date is $9.77 per note.

UBS AG offers preliminary terms for Trigger Autocallable Contingent Yield Notes linked to the common stock of Intel Corporation, maturing on or about June 20, 2028.

The notes pay a contingent coupon only when the underlying closing level meets or exceeds a coupon barrier on observation dates, are automatically called if the underlying equals or exceeds the initial level on an observation date, and repay principal at maturity only if the final level is at or above a disclosed downside threshold. Principal repayment and any coupons are subject to the creditworthiness of UBS. The offering is preliminary and final terms (including final pricing) will be set on the trade date.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of ULTA Beauty, Inc. The notes pay contingent coupons only if the underlying stock meets a coupon barrier on observation dates and may be automatically called early if the stock meets or exceeds the initial level.

If not called, principal is repaid at maturity only if the final level is at or above a downside threshold; if below, principal is reduced pro rata to the underlying return and investors could lose a significant portion or all of their investment. Trade and settlement are June 15, 2026 and June 17, 2026, with final valuation and maturity on June 15, 2028 and June 20, 2028. Minimum investment is 100 Notes at $10 per Note; the estimated initial value is $9.77 per Note. All payments are subject to the creditworthiness of UBS.

UBS AG is offering Trigger Yield Notes linked to the common stock of Vertiv Holdings Co. The Notes pay a coupon on each coupon payment date and provide contingent repayment of principal at maturity: if the final level of the underlying asset is at or above a stated downside threshold, UBS will repay the $10 principal per Note; if the final level is below the downside threshold, repayment at maturity will be reduced pro rata to the underlying return and investors could lose a significant portion or all of their initial investment. The Notes mature on December 17, 2026, with a final valuation date of December 15, 2026. Coupons are described as 23.35% per annum (estimated monthly coupon $0.1946) and the estimated initial value as of trade date is $9.80. All payments, including any principal repayment, are subject to UBS's creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of General Electric Company. The Notes pay a contingent coupon only if the underlying closing level on an observation date meets or exceeds the coupon barrier and will be automatically called early if the underlying closes at or above the initial level on any observation date prior to maturity. 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 per Note; if the final level is below the downside threshold your cash payment equals $10 × (1 + Underlying Return), exposing you to the underlying’s negative return and possible total loss. Trade date is June 15, 2026, settlement June 17, 2026, final valuation date June 15, 2028, and maturity June 20, 2028. The estimated initial value is $9.78 per Note; minimum purchase is 100 Notes at $10 per Note.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Applied Materials, Inc. The preliminary pricing supplement dated June 15, 2026 sets expected trade and settlement mechanics and final terms will be set on the trade date.

The Notes pay periodic contingent coupons only if the underlying stock closes at or above a coupon barrier on observation dates and include an automatic call if the stock closes at or above the initial level on any observation date. If not called and the final level is below the downside threshold, principal repayment at maturity is reduced proportionally to the underlying return. Example terms include a $10 principal per Note, an illustrative contingent coupon rate of 26.56% per annum, an estimated initial value range of $9.35–$9.60, a minimum investment of 100 Notes ($1,000), trade date June 15, 2026, and maturity on or about June 18, 2029. All payments are subject to the creditworthiness of UBS and the final Offering Documents.