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

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Constellation Energy Corporation, with a trade date of June 8, 2026, expected settlement on June 10, 2026 and expected maturity on December 10, 2027. The Notes pay periodic contingent coupons only when the underlying closing level meets or exceeds a coupon barrier on observation dates and are subject to an automatic call if the underlying equals or exceeds the initial level on an observation date.

If not autocalled, principal repayment at maturity is contingent: full principal is paid only if the final level is at or above the disclosed downside threshold; if below, the repayment equals $10 x (1 + underlying return), exposing investors to downside market loss and potential total loss. Any payments depend on UBS creditworthiness. Minimum investment is 100 Notes ($1,000). The estimated initial value on the trade date is between $9.43 and $9.68.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Alcoa Corporation, with a preliminary pricing supplement dated June 08, 2026. The Notes pay semiannual contingent coupons only if the underlying closes at or above a coupon barrier on observation dates and are autocallable if the underlying closes at or above the initial level on any observation date. If not called, principal repayment at maturity depends on the final level versus a downside threshold, exposing holders to potential full loss of principal tied to the underlying return. Trade and settlement are shown as June 8, 2026 and June 10, 2026, with final valuation on June 8, 2028 and maturity on June 12, 2028. The Notes are unsecured obligations of UBS and any payment is subject to UBS credit risk. The estimated initial value range on the trade date is $8.91–$9.16 per $10 Note and minimum investment is 100 Notes ($1,000).

UBS AG published a preliminary pricing supplement for Airbag Yield Notes linked to the common stock of Micron Technology, Inc. The notes carry a $10 principal amount per note and have an approximately 12‑month term with final valuation on June 8, 2027 and expected maturity on June 10, 2027.

The offering lists a high periodic coupon (illustrative coupon shown at 22.95% per annum) paid on each coupon date, contingent repayment of principal at maturity tied to the underlying’s final level versus a downside threshold, and a downside leverage that causes investors to lose approximately 1.3333% of principal for each 1% decline of the underlying beyond the threshold. Trade date is June 8, 2026 with expected settlement on June 10, 2026. The estimated initial value range is $9.41 to $9.66 per note and the minimum investment is 100 notes ($1,000). All final terms will be set on the trade date.

UBS AG is offering UBS Trigger Autocallable Contingent Yield Notes with Memory Interest linked to the common stock of ON Semiconductor Corporation. Each Note has a principal amount of $1,000, a contingent coupon rate to be set on the trade date in the range of 21.00% to 23.00% per annum, quarterly observation dates and a term of approximately 18 months. The trade date is shown as June 22, 2026, settlement June 24, 2026, final valuation date December 22, 2027 and maturity December 27, 2027. The Notes may be automatically called if the underlying closes at or above the call threshold (100% of the initial level) on any observation date; contingent coupons are payable only if the underlying closes at or above the coupon barrier (50% of the initial level) on an observation date. If not called and the final level is below the downside threshold (50% of the initial level), principal repayment at maturity is contingent and may result in the loss of a significant portion or all of the principal. The issuer’s credit risk applies to all payments, and UBS’ estimated initial value range on the trade date is between $932.10 and $962.10.

UBS AG is offering $6,000,000 of Phoenix Autocallable Buffer Notes with Memory Interest linked to Freeport-McMoRan Inc. common stock. The Notes pay a fixed contingent interest of $17.6667 per Note on qualifying monthly observation dates, are automatically callable if the underlying equals or exceeds the initial price, and mature on June 9, 2027. If not called and the final price is below the downside threshold $48.78 (70.00% of the initial price), holders receive a cash equivalent based on a share delivery amount, which can result in partial or total loss of principal. All payments are subject to UBS credit risk.

UBS AG London Branch is offering $1,000,000 aggregate face amount of Capped Leveraged Buffered Nasdaq-100 Index®-Linked Medium-Term Notes due December 8, 2027, issued at 100.00% of face amount with an underwriting discount of 1.51% and net proceeds of 98.49%.

The notes carry no interest, an upside participation rate of 150.00%, a cap level of 116.41% (maximum settlement $1,246.15 per $1,000 face amount), and a buffer level equal to 90.00% of the initial underlier level (initial underlier level: 30,407.81). The estimated initial value per $1,000 face amount on the trade date is $980.10. The trade date is June 4, 2026 and original issue date is June 9, 2026.

UBS AG is offering Capped Market-Linked Notes linked to the S&P 500® Index with total issue size of $778,000 and an issue price of $1,000 per Note. The Notes mature on July 9, 2027 and provide principal repayment at maturity only if held to maturity, with upside limited to a Maximum Gain of 6.45% (Maximum Payment at Maturity per Note: $1,064.50).

The initial level of the S&P 500® Index is stated as 7,383.74 and the estimated initial value per Note on the trade date is $991.00, below the issue price. UBS and its affiliate UBS Securities LLC receive underwriting compensation; proceeds to UBS are shown as $773,332.00 (total) and $994.00 per Note. All payments, including principal, are subject to UBS credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Norwegian Cruise Line Holdings Ltd. The offering totals $1,000,000 (1,000 notes at $1,000 each) with a 20.30% per annum contingent coupon payable only when monthly observation levels meet the coupon barrier. The Notes are callable monthly after ~3 months if the underlying equals or exceeds the call threshold of $19.13 (100% of the initial level). At maturity the principal is repaid only if the final level is at or above the downside threshold of $9.57 (50%); otherwise principal is reduced in line with the underlying return. Payments are unsecured and subject to UBS credit risk.

UBS AG is offering $5,823,000 of Trigger Callable Contingent Yield Notes due June 9, 2028, sold at an issue price $1,000 per Note (estimated initial value $995.00 per Note). The Notes pay a contingent coupon of 13.00% per annum only if, on each observation date, the closing level of the S&P 500®, Nasdaq-100® and Russell 2000® are each at or above their coupon barriers. UBS may call the Notes monthly beginning after approximately three months; if not called, principal repayment at maturity depends on whether the final level of the least performing underlying asset is at or above its downside threshold (70.00% of initial level). Holders bear market exposure to the least performing index and UBS credit risk; the Notes are unsecured, not FDIC insured and may result in a significant or total loss of principal.

UBS AG offers Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100, Russell 2000 and EURO STOXX 50. The offering aggregates $1,826,000 at an issue price of $1,000 per Note with a specified principal amount of $1,000 per Note and an estimated initial value of $991.10. The Notes pay a fixed contingent coupon of 12.25% per annum (equal to $30.625 per quarter per Note when payable) only if each underlying is at or above its coupon barrier on an observation date. UBS may call the Notes on quarterly observation dates; if not called, repayment at maturity depends on the final performance of the least performing underlying and can result in partial or total loss of principal. All payments are subject to UBS credit risk.

UBS AG is offering preliminary Trigger Autocallable Contingent Yield Notes with Memory Interest linked to the common stock of Lumentum Holdings Inc. (LITE), with a stated contingent coupon rate of 32.30% per annum. The notes are callable quarterly beginning after approximately six months, mature on June 22, 2029 and reference a final valuation date of June 18, 2029. At maturity, principal is contingent: if the final level is below the downside threshold (stated as 50.00% of the Initial Level), holders may suffer a loss equal to the percentage decline in the underlying and could lose their entire investment. The estimated initial value range on the trade date is $927.30 to $957.30 and the public issue price is $1,000.00 per Note, with an underwriting discount of $23.50 per Note. All payments are subject to UBS credit risk, and the notes will not be listed on an exchange.

UBS AG offers $5,201,000 of Trigger Callable Contingent Yield Notes linked to the least performing share of XLE, XLK and XLU. The Notes pay a 13.20% per annum contingent coupon when each underlying meets its coupon barrier on an observation date and are issuer-callable monthly beginning ~6 months. If not called, principal is repaid at maturity only if each final level is at or above its 50% downside threshold; otherwise repayment falls by the negative return of the least performing underlying (potentially a total loss). Trade date is May 22, 2026, final valuation May 22, 2029 and maturity May 25, 2029. The estimated initial value per Note is $985.80 and the issue price is $1,000 per Note.

UBS AG is offering $7,955,000 of Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100® Technology Sector Index and the Russell 2000® Index, maturing May 10, 2028. The Notes pay a contingent coupon of 12.60% per annum ($10.50 per Note per monthly observation) only if each underlying asset on an observation date is at or above its coupon barrier; otherwise no coupon is paid.

The Notes are issuer-callable beginning after approximately three months (first call settlement date September 11, 2026), are unsecured obligations of UBS and repay principal at maturity only if each underlying asset is at or above its downside threshold (70.00% of initial level). If any underlying is below its downside threshold at final valuation, repayment equals $1,000 times (1 + underlying return of the least performing underlying asset), which can result in substantial loss or total loss of principal. The estimated initial value was $987.80 and the issue price is $1,000 per Note.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Dow Jones Industrial Average® and the S&P 500® Index. The Notes have a $1,000 principal amount per Note, an expected term of approximately 23 months, monthly observation dates, an issuer call feature beginning after six months and contingent coupons payable only if both indices meet coupon barriers. If not called and any index finishes below its 50.00% downside threshold, principal repayment at maturity will be reduced pro rata to the negative return of the least performing underlying asset.

The contingent coupon rate shown is 6.15% per annum and coupon barriers equal 70.00% of initial levels. The estimated initial value range is $950.80 to $980.80 as of the trade date. Payments are subject to UBS credit risk and the Notes are not FDIC insured.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Russell 2000® Index and the S&P 500® Index. The offering totals $1,136,000 at an issue price $1,000 per Note. Notes have a contingent coupon rate of 10.15% per annum, monthly observation dates, are callable by UBS beginning after three months, and mature on December 9, 2027. Coupons pay only if both underlying indices meet their coupon barriers on an observation date; principal repayment at maturity is contingent on the least performing index staying at or above its downside threshold (65.00% of initial level). The estimated initial value on the trade date was $995.60. Holders are exposed to index market risk, issuer credit risk of UBS, limited upside (only contingent coupons) and possible loss of principal if the least performing underlying declines below its downside threshold.

UBS AG is offering Trigger Autocallable Contingent Yield Notes with Memory Interest linked to the common stock of Dell Technologies Inc. The Notes have a principal amount of $1,000 per Note, a contingent coupon rate of 25.00% per annum, quarterly observation dates (callable after 6 months), a call threshold equal to 100.00% of the initial level, and a coupon barrier and downside threshold equal to 50.00% of the initial level. Trade and settlement are expected on June 12, 2026 and June 17, 2026, with a final valuation date of June 12, 2029 and maturity on or about June 15, 2029. The issue price is $1,000.00 per Note; UBS states the estimated initial value range as $956.40 to $986.40. The Notes are unsecured obligations of UBS and repayment depends on UBS creditworthiness; if not called and the final level is below the downside threshold, principal repayment can be less than the principal amount and investors may lose a substantial portion or all of their investment.

UBS AG offers Buffer Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500, due on or about June 15, 2027. The Notes pay a contingent coupon of 12.55% per annum only if each underlying closes at or above its coupon barrier on an observation date; they carry a 15% buffer and an 85% downside threshold. The issue price is $1,000 per Note, the estimated initial value is stated as $958.70–$988.70, the underwriting discount is $6.50 per Note, and net proceeds to UBS are $993.50 per Note. UBS may call the Notes monthly beginning after three months; if not called and the least performing underlying finishes below its downside threshold, principal may be reduced by the underperformance in excess of the buffer. All payments are subject to UBS credit risk.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Dow Jones Industrial Average, the Nasdaq-100 Technology Sector and the Russell 2000 with a stated term to June 11, 2029. The offering totals $1,186,000 at an issue price of $1,000 per Note and carries a contingent coupon rate of 12.25% per annum. Coupons pay only when each index is at or above its coupon barrier on observation dates; UBS may call the Notes in whole on monthly observation dates beginning after six months. Principal repayment at maturity is contingent: if any underlying index finishes below its downside threshold (70% of initial level), principal will be reduced in proportion to the least performing underlying asset and investors could lose most or all principal. The estimated initial value per Note is $989.10; payments depend on UBS creditworthiness.

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 notes pay a periodic contingent coupon (13.00% per annum) only if each underlying index stays at or above a 70% coupon barrier during an observation period. UBS may call the notes on quarterly observation end dates; if not called, maturity payoff depends on whether each index is at or above a 60% downside threshold. The issue price is $10 per Note (minimum 100 Notes). The estimated initial value range is $9.60–$9.90. Investors face market exposure to the single least-performing index and UBS credit risk; in extreme cases investors could lose all principal.

UBS AG offers Buffer Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500, due on or about December 16, 2027. The preliminary terms show a 12.00% per annum contingent coupon, a 15% buffer, coupon barriers at 85.00% of initial levels and downside thresholds at 80.00% of initial levels. Notes are callable monthly by UBS beginning after ~3 months; contingent coupons are paid only when each underlying meets its coupon barrier on an observation date. Estimated initial value per Note is $958.20–$988.20; issue price is $1,000.00 with proceeds to UBS of at least $992.75 per Note. Payments (including principal repayment) depend on UBS creditworthiness; if UBS does not call the Notes and the least performing underlying falls below its downside threshold, holders may lose some or almost all of their investment.

UBS AG offers preliminary Trigger Callable Contingent Yield Notes linked to the least performing of the Russell 2000® Index and the Nasdaq-100® Technology Sector. The Notes pay a contingent coupon only when each underlying asset meets its coupon barrier on an observation date and are callable by UBS monthly beginning about three months after issuance. If UBS does not call the Notes and the final level of any underlying asset is below its 70.00% downside threshold, holders will suffer a principal loss equal to the percentage decline of the least performing underlying asset; in extreme cases, investors could lose their entire investment. Example terms shown: a 13.00% per annum contingent coupon, estimated initial value range of $956.80–$986.80, underwriting discount up to $7.25 per Note, and example principal payment calculations on a $1,000 Note. Payments are unsecured obligations of UBS and depend on UBS creditworthiness. The final terms, including aggregate offering size and strike-date specifics, will appear in the final pricing supplement.

UBS AG is offering $750,000 of Buffer Autocallable Contingent Yield Notes linked to the least performing of the Russell 2000Index and the Nasdaq-100Index due June 10, 2031. The Notes have an approximately five-year term (callable monthly beginning after 12 months), a contingent coupon rate of 7.70% per annum, a 15.00% buffer and a downside threshold equal to 85.00% of each initial level. Contingent coupons and principal repayment are conditional on monthly observation-date tests; if not called and the least performing underlying is below its downside threshold at maturity, principal is reduced in proportion to the shortfall in excess of the buffer. The issue price is $1,000 per Note, the estimated initial value is $956.60 per Note and proceeds to UBS are $721,875.00 for this offering.

UBS AG offers Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100 Technology Sector, the Russell 2000 Index and shares of the State Street Utilities Select Sector SPDR ETF. The Notes pay a contingent coupon of 14.15% per annum only when each underlying asset meets its coupon barrier on observation dates. UBS may call the Notes monthly beginning after three months; if called you receive principal plus any accrued contingent coupon. If not called, and the final level of any underlying asset is below its downside threshold (70.00% of initial level), principal repayment will be reduced pro rata to the loss of the least performing underlying asset, possibly resulting in the loss of all principal. The estimated initial value range is $956.00–$986.00, issue price per Note is $1,000.00 and proceeds to UBS per Note are $992.50. Payments depend on UBS creditworthiness and the final terms will be set on the strike date.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Dow Jones Industrial Average®, the Russell 2000® Index and the Nasdaq-100® Technology Sector, due on or about June 22, 2029. Each Note has a $1,000 principal amount and a stated contingent coupon rate of 12.00% per annum payable only if every underlying asset meets its coupon barrier on an observation date. UBS may call the Notes monthly beginning after six months; if not called, repayment at maturity depends on the least performing underlying asset relative to its downside threshold and could result in substantial loss of principal. The estimated initial value range on the trade date is $961.40 to $991.40 per Note and the underwriting discount is $6.00 per Note.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Zscaler, Inc. common stock due June 9, 2028. 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 quarterly if the stock equals 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 the final level is below that threshold, redemption may be less than principal, with losses equal to the underlying return. Payments 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 11, 2029. The notes pay a contingent coupon only when the underlying's closing level on an observation date meets or exceeds the coupon barrier 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. If not called, principal is repaid 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 resulting in the loss of most or all principal. The offering minimum is 100 Notes at $10 per Note and the estimated initial value on the trade date is $9.69. Trades settle on June 9, 2026 with final valuation on June 7, 2029.

UBS AG launches a preliminary pricing supplement for Trigger Autocallable Contingent Yield Notes linked to the common stock of Zscaler, Inc. The Notes pay periodic contingent coupons only if observation-date levels meet the coupon barrier and are subject to automatic quarterly calls beginning about six months after the trade date.

The trade date is June 5, 2026, expected settlement June 9, 2026, final valuation date June 7, 2028 and maturity June 9, 2028. Notes are offered in minimum denominations of 100 Notes at $10 per Note; the estimated initial value is between $9.40 and $9.65 as of the trade date. Payments, including any contingent coupons or repayment of principal, are subject to UBS credit risk.

UBS AG is offering Airbag Autocallable Yield Notes linked to Amazon.com, Inc. equity maturing on June 9, 2027. The Notes pay a quarterly coupon (estimated 8.42% per annum; $0.2105 per quarter per $10 Note) unless the Notes are automatically called. If the closing level of the underlying on any observation date prior to the final valuation date is at or above the initial level, UBS will automatically call the Notes and pay $10 plus the coupon on the related call settlement date. If not called and the final level is at or above the downside threshold, UBS will repay principal at maturity. If not called and the final level is below the downside threshold, repayment is reduced and principal is exposed to leveraged downside: approximately 1.1765% loss of principal for each 1% decline of the underlying beyond the threshold, potentially resulting in total loss. Trade date is June 5, 2026 and settlement is June 9, 2026. The estimated initial value was $9.77 per Note on the trade date. Any payments depend on UBS creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to NVIDIA common stock due June 9, 2028. The Notes pay contingent coupons only when the underlying closing level meets or exceeds a coupon barrier on observation dates and may be automatically called early if the closing level meets or exceeds the initial level on any prior observation date. 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 principal is reduced pro rata to the underlying return and you could lose a significant portion or all of your investment. All payments depend on UBS’s creditworthiness. Trade date is June 5, 2026, settlement June 9, 2026, final valuation June 7, 2028, and maturity June 9, 2028.

UBS AG issues a preliminary pricing supplement for Trigger Autocallable Contingent Yield Notes linked to NVIDIA Corporation stock. The Notes have a $10 principal amount per Note, a trade date of June 5, 2026, expected settlement on June 9, 2026, a final valuation date of June 7, 2029 and a maturity date of June 11, 2029. The Notes pay periodic contingent coupons only if the underlying closing level meets the coupon barrier on observation dates, may be automatically called 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. The estimated initial value per Note is between $9.36 and $9.61 as of the trade date. Any payment, including repayment of principal, is subject to UBS’s creditworthiness and investors may lose a significant portion or all of their investment.

UBS AG is proposing Airbag Autocallable Yield Notes linked to the common stock of Amazon.com, Inc. The preliminary pricing supplement sets a $10 principal per Note, trade date June 5, 2026, settlement June 9, 2026, final valuation June 7, 2027 and maturity June 9, 2027. Coupons are payable each coupon date unless the Notes are automatically called on an observation date when the underlying’s closing level is at or above the initial level. 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 is reduced and losses magnify at a rate of approximately 1.1765% of principal for each 1% decline beyond the threshold. The preliminary estimated initial value range is $9.48–$9.73 per Note and minimum investment is 100 Notes ($1,000). All payments are subject to UBS credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Ciena Corporation common stock due June 9, 2031. The Notes pay contingent coupons only when the underlying closing level on an observation date meets or exceeds the coupon barrier and will autocall early if the underlying equals or exceeds the initial level on any observation date.

If not called, repayment at maturity depends on the final level: if the final level is at or above the downside threshold you receive the $10 principal; if below, repayment equals $10 x (1 + underlying return), which can produce a substantial loss, including total loss. All payments are subject to UBS credit risk. The estimated initial value at trade was $9.58.

UBS AG is offering Airbag Autocallable Yield Notes linked to UPS common stock due June 9, 2027. Each Note has a $1,000 principal amount and pays a coupon quarterly. The Notes are subject to automatic early call on quarterly observation dates (beginning after six months) if the closing level of the underlying equals or exceeds the initial level. If not called and the final level is at or above the conversion level, UBS pays principal plus coupon; if below the conversion level, UBS delivers a calculated number of UPS shares per Note (with cash for fractional shares), which could result in the loss of some or all principal. Payments are unsecured obligations of UBS and depend on UBS creditworthiness.

UBS AG priced a preliminary offering of Trigger Autocallable Contingent Yield Notes linked to the common stock of NVIDIA Corporation, maturing on or about June 9, 2028. The notes pay periodic contingent coupons only when the underlying closes at or above 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 maturity. If not called, principal repayment at maturity is contingent: if the final level is below the downside threshold the cash payment may be less than principal and could result in a loss equal to the underlying return.

Key provisional terms shown: trade date June 5, 2026, settlement June 9, 2026, final valuation date June 7, 2028, maturity June 9, 2028, minimum investment 100 Notes ($1,000), estimated initial value range $9.44–$9.69. An illustrative contingent coupon rate of 12.14% per annum and illustrative downside threshold of $60.00 (60.00% of initial level) are provided. All payments are subject to UBS credit risk.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of Ciena Corporation due on or about June 9, 2031. The Notes pay periodic contingent coupons only when 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 at or above a disclosed downside threshold; otherwise repayment falls with the underlying return and investors could lose a significant portion or all of their investment. The trade date is June 5, 2026, settlement is expected June 9, 2026, final valuation date is June 5, 2031, and maturity is June 9, 2031.

UBS AG priced a preliminary offering of Airbag Autocallable Yield Notes linked to the common stock of United Parcel Service, Inc. The Notes have a $1,000 principal amount per Note, trade date June 5, 2026, settlement June 9, 2026, final valuation date June 7, 2027 and maturity June 9, 2027. Coupons are paid quarterly unless the Notes are automatically called on a quarterly observation date (first possible call after ~6 months). At maturity, principal repayment is contingent: if the final level is at or above the conversion level UBS will repay principal in cash; if below, UBS will deliver a computed share delivery amount (with cash for fractional shares), which could be worth less than principal. Estimated initial value range on the trade date is $948.20 to $973.20. The Notes are unsecured obligations of UBS and repayment is subject to UBS credit risk; investors may lose some or all of their investment.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Palantir Technologies Inc. common stock that mature on June 9, 2028. The Notes pay periodic contingent coupons only if the underlying closing level meets a coupon barrier on observation dates and will be automatically called early if the underlying closes at or above the initial level on a quarterly observation (beginning after 12 months). If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; otherwise repayment falls in proportion to the negative return of the underlying, and investors can lose a significant portion or all principal. Payments are subject to UBS credit risk. The estimated initial value on the trade date is $9.71 per Note and the Notes are offered 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 Palantir Technologies Inc. with a trade date of June 5, 2026, expected settlement on June 9, 2026 and maturity on June 9, 2028. Each Note has a principal amount of $10 and pays contingent coupons only if the underlying meets coupon barriers on observation dates; the Notes autocall quarterly after roughly 12 months if the underlying equals or exceeds the initial level. At maturity, if not called, principal is repaid only if the final level is at or above the downside threshold; otherwise repayment declines pro rata with the underlying and total loss of principal is possible. The estimated initial value range is $9.36 to $9.61 per Note and the illustrative contingent coupon rate shown is 18.45% per annum. The Notes are unsecured obligations of UBS and any payments depend on UBS creditworthiness.

The issuer UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Dell Technologies Inc. that mature on June 11, 2029. The Notes pay periodic contingent coupons only if the underlying stock meets the coupon barrier on observation dates and will be automatically called if the underlying closes at or above the initial level on any quarterly observation (beginning after six months). If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; otherwise principal is reduced pro rata by the underlying return, creating potential for a significant or total loss of principal. The Notes are unsecured obligations subject to UBS credit risk; estimated initial value per Note is $9.70 and the minimum investment is 100 Notes ($1,000). Trade and settlement dates are June 5, 2026 and June 9, 2026, respectively.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Dell Technologies Inc., due on or about June 11, 2029. The Notes pay a contingent coupon only when the underlying stock closes at or above a coupon barrier on observation dates (quarterly after ~6 months). The Notes will be automatically called early if the underlying closes at or above the initial level on any observation date; otherwise, repayment at maturity is contingent: if the final level is at or above the downside threshold you receive the $10 principal per Note, but if the final level is below that threshold you receive a reduced cash payment reflecting the percentage decline in the underlying and could lose a substantial portion or all of your investment. Payments are subject to the creditworthiness of UBS. Trade date is June 5, 2026 with expected settlement June 9, 2026. The offering minimum is 100 Notes (principal $1,000), and the estimated initial value is between $9.35 and $9.60 per Note.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Palantir Technologies Inc. common stock due June 11, 2029. The Notes pay periodic contingent coupons only if the underlying closes at or above a coupon barrier on observation dates; otherwise no coupon will be paid. The Notes are subject to an automatic call on any quarterly observation date after six months if the underlying closes at or above the initial level; a call triggers repayment of principal plus any contingent coupon due. 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, investors suffer a loss equal to the underlying return and could lose their entire principal. The Notes are unsecured obligations of UBS and all payments, including any contingent coupon or principal, are subject to UBS credit risk. Trade date: June 5, 2026; Settlement date: June 9, 2026; Final valuation date: June 7, 2029; Maturity date: June 11, 2029. The minimum investment is 100 Notes ($1,000) and the estimated initial value on the trade date was $9.70 per $10 Note.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Advanced Micro Devices, Inc. common stock due June 9, 2028. The Notes pay a contingent coupon only when the underlying stock closes at or above a specified coupon barrier on observation dates and will be automatically called early if the underlying closes at or above the initial level on any quarterly observation date beginning after six months. If not called and the final level is below the downside threshold, principal repayment at maturity is reduced in direct proportion to the underlying return, and you could lose a significant portion or all of your investment. Payments, including any repayment of principal, are subject to UBS's creditworthiness.

UBS AG priced a preliminary offering of Trigger Autocallable Contingent Yield Notes linked to the common stock of Palantir Technologies Inc. The Notes mature on June 11, 2029 with a final valuation date of June 7, 2029 and an expected term of approximately three years.

The Notes pay contingent coupons only if the underlying stock closing level on an observation date meets or exceeds a coupon barrier and will be automatically called if the closing level on any quarterly observation date equals or exceeds the initial level. Principal is repaid at maturity only if the final level is at or above the downside threshold; otherwise principal repayment is reduced pro rata by the underlying return, which could result in a substantial or total loss of principal. Trade date is June 5, 2026 with settlement expected June 9, 2026. Minimum investment is 100 Notes ($1,000); estimated initial value range on the trade date is $9.34 to $9.59.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Advanced Micro Devices, Inc., with a trade date of June 5, 2026 and expected maturity on June 9, 2028. The notes pay periodic contingent coupons only if the underlying stock closes at or above a 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 six months). If the notes are not called and the final level is below the downside threshold, principal repayment at maturity is reduced pro rata by the underlying return, and investors can lose a significant portion or all of their investment. The notes are unsecured obligations of UBS AG, subject to UBS credit risk, sold in $10 denominations with a minimum investment of 100 Notes ($1,000).

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Amazon.com, Inc. stock maturing on June 11, 2029. The notes pay contingent coupons only when the underlying closing level meets a coupon barrier on observation dates and may be automatically called quarterly beginning ~6 months after issuance if the underlying equals or exceeds the initial level. If not called and the final level is below the downside threshold, principal repayment at maturity is reduced pro rata to the underlying return; in extreme cases you could lose your entire initial investment. All payments, including principal, depend on the creditworthiness of UBS.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Oracle Corporation, maturing on June 9, 2028. The Notes pay a contingent coupon only if the underlying stock meets the coupon barrier on observation dates; otherwise no coupon is paid. The Notes will be automatically called early if the underlying stock equals or exceeds the initial level on any quarterly observation date beginning after 12 months, 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 at or above the downside threshold; if the final level is below that threshold, repayment will be reduced pro rata to the underlying return and investors could lose a significant portion or all of their investment. Payments are subject to UBS credit risk. Trade date was June 5, 2026 with settlement June 9, 2026.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Amazon.com, Inc. common stock. The preliminary pricing supplement (subject to completion) sets Trade Date June 5, 2026, expected Settlement June 9, 2026, final valuation on June 7, 2029 and maturity on June 11, 2029. The Notes pay periodic contingent coupons only if the underlying equals or exceeds a coupon barrier on observation dates and are automatically called early if the underlying equals or exceeds the initial level on any quarterly observation date (beginning after six months). At maturity, principal is repaid only if the final level is at or above the downside threshold; otherwise repayment declines in proportion to the underlying return and could result in loss of all principal. Minimum investment is 100 Notes at $10 per Note. The estimated initial value range on the trade date is $9.37 to $9.62. Coupon examples show an illustrative contingent coupon rate of 8.47% per annum (contingent coupon $0.2118 per $10 Note). All payments are subject to UBS credit risk and final terms will be set on the trade date.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Oracle Corporation due on or about June 9, 2028. The preliminary pricing supplement sets final terms on the trade date and describes quarterly observation dates (beginning after 12 months), an automatic call feature, and contingent coupons payable only if the underlying meets coupon barriers.

The document gives illustrative terms: $10 principal per Note, minimum investment of 100 Notes ($1,000), an estimated initial value range of $9.35–$9.60, an example contingent coupon rate of 21.09% per annum and a downside threshold of $60.00 (60.00% of the initial level). Trade date is June 5, 2026 and expected settlement is June 9, 2026.

UBS AG offers Trigger Callable Contingent Yield Notes linked to the least performing of the S&P 500® Index and the Russell 2000® Index. The notes have a stated contingent coupon rate of 8.30% per annum and a per‑note issue price of $1,000.00. The issuer may call the notes quarterly beginning on the first potential call settlement date (the first callable date is approximately June 14, 2027), and final maturity is on or about June 14, 2029. The estimated initial value range on the trade date is $964.90 to $994.90, determined using UBS’ internal pricing models. If the issuer does not call the notes and the final level of any underlying asset is below its downside threshold (50.00% of its initial level), principal repayment may be reduced and investors could lose a significant portion or all of their investment. Final terms will be set on the strike date and are subject to delivery of the final Offering Documents.