Every 424B that ETRACS Alerian MLP Index ETN Series B due July 18, 2042 (AMUB) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow AMUB and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AMUB filings page.
UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Stanley Black & Decker common stock due May 18, 2028. The Notes pay a periodic contingent coupon only if the underlying closing level meets or exceeds a coupon barrier on observation dates and may be automatically called early if the underlying equals or exceeds the initial level on an observation date. At maturity, if not called, repayment of principal depends on the final level relative to a downside threshold; if the final level is below that threshold, investors bear loss equal to the underlying return and could lose their entire investment. All payments are subject to UBS credit risk. Trade date is May 14, 2026; settlement is May 18, 2026; final valuation date is May 16, 2028; maturity is May 18, 2028.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Lam Research Corporation. The trade date is May 14, 2026 with expected settlement May 18, 2026 and maturity on or about May 18, 2028. These unsecured notes pay a contingent coupon only if the underlying's closing level meets the coupon barrier on observation dates; otherwise no coupon is paid. The notes will auto-call early if the underlying equals or exceeds the initial level on any observation date prior to final valuation. 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, principal is reduced proportionally to the underlying's decline. Minimum investment is 100 notes at $10 per note. The estimated initial value range is $9.42 to $9.67. Investing involves issuer credit risk and potential loss of a significant portion or all of principal.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Adobe Inc. with trade date May 14, 2026, expected settlement May 18, 2026 and maturity May 18, 2028. The Notes pay periodic contingent coupons only if the underlying closing level meets a coupon barrier on observation dates. The Notes will be automatically called early if the underlying closing level on any quarterly observation date (beginning after six months) is equal to or greater than the initial level; in that case holders receive principal plus any contingent coupon then due. If not called, repayment at maturity is contingent: if the final level is equal to or above the downside threshold the principal ($10 per Note) is repaid; if below the downside threshold repayment at maturity is reduced pro rata to the underlying return, which could result in a substantial or total loss of principal. The estimated initial value as of the trade date is $9.71. All payments, including principal, are subject to the creditworthiness of UBS.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Intuit Inc. due May 18, 2029. The Notes pay a contingent coupon only when the underlying closing level on an observation date meets or exceeds a coupon barrier and may be automatically called early if the underlying reaches or exceeds the initial level on any prior observation date.
If not called, repayment at maturity depends on the final level relative to a downside threshold: if the final level is at or above the downside threshold, UBS will repay the principal; if below, repayment will decline in line with the underlying return and could result in the loss of a substantial portion or all of principal. Any payments are subject to UBS's creditworthiness. The Notes have an estimated initial value of $9.63 per $10 Note and a minimum purchase of 100 Notes.
UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of Intel Corporation with a trade date of May 14, 2026, expected settlement on May 18, 2026 and maturity about May 18, 2028. The Notes pay a contingent coupon only if the underlying's closing level on an observation date is at or above the coupon barrier; otherwise no coupon is paid. The Notes will be automatically called early if the underlying closes at or above the initial level on any observation date prior to the final valuation date. At maturity, if not called, principal repayment is contingent: full principal is paid if the final level is at or above the downside threshold; if below, principal is reduced proportionally to the underlying return (in extreme cases, you could lose all of your investment). Estimated initial value range is stated as $9.38–$9.63 per $10 Note; minimum investment is 100 Notes ($1,000). All payments are subject to UBS's creditworthiness.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Accenture plc stock due on or about May 18, 2027. The Notes pay a contingent coupon on each coupon payment date only if the underlying stock's closing level on the applicable observation date is at or above a stated coupon barrier; otherwise no coupon is paid. The Notes will be automatically called early if the stock closes at or above the initial level on any observation date prior to the final valuation date, in which case investors receive the principal plus any contingent coupon due on the related call settlement date and the Notes terminate. 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, investors suffer a loss equal to the percentage decline in the underlying asset and could lose their entire principal. The offering sets a $10 principal amount per Note, a trade date of May 14, 2026, expected settlement on May 18, 2026, final valuation date May 14, 2027, and maturity on May 18, 2027. Estimated initial value per Note is between $9.34 and $9.59. The Notes are unsecured obligations of UBS and any payment, including principal, is subject to UBS's creditworthiness.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Stanley Black & Decker, Inc. due on or about May 18, 2028. The notes pay periodic contingent coupons only if the underlying closing level meets the coupon barrier on observation dates and are subject to an automatic early call if the underlying equals or exceeds the initial level on any observation date. If the notes are not called and the final level is below the downside threshold, principal repayment at maturity is contingent and may result in a percentage loss equal to the underlying return; in extreme cases, investors could lose their entire investment. The preliminary pricing supplement sets the trade date as May 14, 2026, settlement on May 18, 2026, final valuation date May 16, 2028, and maturity on May 18, 2028. The notes have a principal amount of $10 per note and an estimated initial value range of $9.35 to $9.60 per note as of the trade date.
UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of Adobe Inc. due on or about May 18, 2028. The Notes have a principal amount of $10 per Note, quarterly observation dates beginning ~6 months after issuance, and a final valuation date of May 16, 2028. The preliminary terms show a contingent coupon example of 12.73% per annum and an estimated initial value range of $9.40 to $9.65 per Note. If an observation date meets the initial level the Notes auto-call early and return principal plus any contingent coupon; if not auto-called, repayment at maturity is contingent on the final level relative to a $60.00 downside threshold (illustrative 60% of the initial level), and investors can suffer substantial loss, including loss of principal.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Boston Scientific common stock due May 18, 2029. The Notes pay a periodic contingent coupon only if the underlying stock closes at or above the coupon barrier on observation dates and may be automatically called early if the underlying closes at or above the initial level on an observation date. If not called and the final level is below the downside threshold, repayment at maturity may be less than principal and could result in a loss up to 100% of the investment; any payments depend on UBS's creditworthiness. The Notes have a $10 principal amount per Note, an estimated initial value of $9.65 as of the trade date, and illustrative terms showing a 11.48% per annum contingent coupon rate and a 65.00% downside threshold. Trade and settlement are shown as May 14, 2026 and May 18, 2026, with final valuation and maturity in May 2029.
UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Advanced Micro Devices, Inc. The Notes have a principal amount of $10 per Note, an estimated initial value of $9.81 and a term that matures on May 18, 2028. UBS will pay contingent coupons only if the underlying stock's closing level on an observation date is at or above the coupon barrier; the Notes are automatically called early if the underlying's closing level on an observation date is at or above the initial level. 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. Trade date is May 14, 2026 and settlement is May 18, 2026. The Notes are unsecured obligations of UBS and any payment is subject to UBS's creditworthiness.
UBS AG published a preliminary pricing supplement for $• Trigger Autocallable Contingent Yield Notes linked to the common stock of Intuit Inc., with a trade date of May 14, 2026 and expected settlement on May 18, 2026. The notes mature on or about May 18, 2029 with a final valuation date of May 16, 2029. The offering denominations are $10 per Note with a minimum purchase of 100 Notes ($1,000). The issuer will pay contingent coupons only if observation-date closing levels meet or exceed a coupon barrier; an automatic call can terminate the notes early if the underlying equals or exceeds the initial level on an observation date. At maturity the principal is repayable only if the final level is at or above the downside threshold; otherwise repayment declines proportionally to the underlying return and full principal loss is possible. UBS cites an example contingent coupon rate of 15.96% per annum and an estimated initial value range of $9.28–$9.53 per Note as of the trade date.
UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Palantir Technologies Inc. stock due May 18, 2029. The Notes pay periodic contingent coupons only if the underlying stock closes at or above a stated coupon barrier on each observation date and will be automatically called early if the stock closes at or above the initial level on any pre-maturity observation date. If not called, principal repayment at maturity is contingent: if the final level is at or above the downside threshold you receive the $10 principal per Note; if the final level is below that threshold you receive $10 multiplied by (1 + underlying return), exposing you to the full negative return of the underlying stock and potential loss of all principal. Payments depend on UBS's creditworthiness. Trade date is May 14, 2026, settlement May 18, 2026, final valuation date May 16, 2029, maturity May 18, 2029.
UBS AG offers $1,830,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of ServiceNow, Inc. The Notes pay contingent quarterly coupons only when the underlying closes at or above a coupon barrier, can be automatically called quarterly after about 12 months if the underlying reaches the initial level, and repay principal at maturity only if the final level is at or above the downside threshold; otherwise investors bear downside market exposure and credit risk of UBS. The Notes have a trade date of May 14, 2026, expected settlement on May 18, 2026, final valuation date May 16, 2028 and maturity May 18, 2028. The Notes are sold in minimum increments of 100 Notes at $10 per Note and the estimated initial value was $9.70 per Note as of the trade date.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Advanced Micro Devices, Inc. The preliminary pricing supplement dated May 14, 2026 sets a trade date of May 14, 2026, settlement on May 18, 2026, a final valuation date of May 16, 2028, and a maturity date of May 18, 2028. Each Note has a principal amount of $10. The Notes pay periodic contingent coupons only if the underlying closing level meets the coupon barrier on observation dates, include an automatic call if the underlying meets or exceeds the initial level on an observation date, and feature contingent repayment of principal at maturity that can result in a loss equal to the percentage decline in the underlying. The estimated initial value per Note is between $9.44 and $9.69, and the preliminary examples show a hypothetical contingent coupon rate of 20.98% per annum (contingent coupon of $0.5245 per $10 Note). All payments are subject to the creditworthiness of UBS AG.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to CrowdStrike Holdings, Inc. stock. The Notes pay contingent coupons only if the underlying's closing level on an observation date meets or exceeds a coupon barrier and may be automatically called early if the underlying closes at or above the initial level on any observation date.
If not called, principal is repayable at maturity only if the final level is at or above a downside threshold; if the final level is below that threshold, repayment is reduced proportionally to the underlying return. Trade date is May 14, 2026, settlement May 18, 2026, final valuation date May 16, 2028 and maturity May 18, 2028. Principal per Note is $10; the estimated initial value is $9.76.
UBS AG priced a preliminary pricing supplement for $• Trigger Autocallable Contingent Yield Notes linked to the common stock of Boston Scientific Corporation, maturing on or about May 18, 2029. The Notes pay periodic contingent coupons only if the underlying closes at or above a coupon barrier on observation dates and are autocallable if the underlying equals or exceeds the initial level on an observation date. If not called, repayment of principal at maturity is contingent: if the final level is below the downside threshold, investors suffer a loss equal to the underlying return and could lose all principal. Payments depend on the creditworthiness of UBS AG. Trade date and settlement are shown as May 14, 2026 and May 18, 2026.
UBS AG priced a preliminary pricing supplement for $• Trigger Autocallable Contingent Yield Notes linked to the common stock of Palantir Technologies Inc., with a trade date of May 14, 2026, expected settlement on May 18, 2026 and maturity on or about May 18, 2029. The Notes pay periodic contingent coupons only if observation-date levels meet a coupon barrier and include an automatic call provision if the underlying closes at or above the initial level on an observation date. If not called, principal repayment at maturity is contingent on the final level relative to a disclosed downside threshold; a final shortfall would produce a loss equal to the underlying return. The preliminary supplement discloses a minimum investment of 100 Notes at $10 per Note and an estimated initial value range of $9.35 to $9.60. All payments are subject to UBS credit risk.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of ServiceNow, Inc. The Notes mature on May 18, 2028 with an automatic-call feature on quarterly observation dates beginning ~12 months after issue and contingent coupons payable only if the underlying meets coupon barriers.
If not auto‑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 investors could lose a significant portion or all principal. Payments (coupons and principal) are subject to the creditworthiness of UBS. The trade date is May 14, 2026 and settlement is expected May 18, 2026.
UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of CrowdStrike Holdings, Inc. The preliminary pricing supplement dated May 14, 2026 sets a trade date of May 14, 2026 and a maturity on or about May 18, 2028. The Notes pay periodic contingent coupons only if the underlying's closing level on an observation date is at or above the coupon barrier; otherwise no coupon is paid. The Notes will be automatically called early if the underlying's closing level on an observation date prior to the final valuation date is at or above the initial level, in which case holders receive principal plus any contingent coupon due on the related coupon payment date. If not called, repayment at maturity is contingent: holders receive full principal only if the final level is at or above the downside threshold; if below, repayment is reduced proportionally to the underlying return and holders may lose a substantial portion or all of their investment. Payments are subject to the creditworthiness of UBS. The Notes are offered in minimum increments of 100 Notes at $10 per Note; the estimated initial value is between $9.43 and $9.68.
UBS AG offers $6,750,000 of Step Down Trigger Autocallable Notes due May 16, 2031. The Notes pay a specified call return if all three indexes (Russell 2000, S&P 500, EURO STOXX 50) meet rising call thresholds on a quarterly observation date, otherwise repayment at maturity is linked to the least performing index and can result in a substantial loss or total loss of principal. Payments depend on UBS creditworthiness; the estimated initial value per Note was $9.552 and the offering price is $10.00 per Note.
UBS AG offers Contingent Income Auto-Callable Securities linked to the common stock of Bank of America Corporation, subject to completion and final pricing. Each security has a $1,000.00 stated principal amount and a contingent payment of $25.625 (equivalent to 10.25% per annum) payable on scheduled contingent payment dates if the underlying closing price is at or above the downside threshold level (70.00% of the initial price). The pricing date is expected to be May 22, 2026, original issue date May 28, 2026, and maturity is expected on or about May 27, 2027.
On each non-final determination date the securities will auto-redeem if the closing price is at or above the call threshold (100% of the initial price), paying 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 significant portion or all of their investment. All payments are subject to UBS AG credit risk.
UBS AG London Branch offers capped, leveraged, buffered MSCI EAFE® Index-linked medium-term notes with a stated maturity of July 21, 2028. Each note has a $1,000 face amount and links payout to the MSCI EAFE closing levels measured from the trade date (May 12, 2026) to the determination date (July 19, 2028).
The notes carry an upside participation rate of 160.00%, a cap level of 119.00% (maximum settlement $1,304.00 per $1,000 face amount) and a buffer equal to 15.00% (buffer level 2,595.832, which is 85.00% of the initial underlier level 3,053.92). If the final underlier level is below the buffer, investors absorb losses at a rate of approximately 1.1765% of face amount for every 1.00% decline below the buffer; full loss of principal is possible.
UBS AG offers $3,175,000 of Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100® Technology Sector, the Russell 2000® Index and the S&P 500® Index. The Notes pay a 12.00% per annum contingent coupon only if each underlying asset is at or above its coupon barrier on each observation date. UBS may call the Notes in whole on monthly observation dates beginning after six months. If not called, principal repayment at maturity is contingent: full principal is paid only if each final level is at or above its 60.00% downside threshold; otherwise repayment is reduced by the negative return of the least performing underlying asset, possibly to zero. Payments depend on UBS creditworthiness. Trade date is May 12, 2026, settlement May 15, 2026, final valuation February 12, 2031, maturity February 18, 2031.
UBS AG is offering Contingent Income Auto-Callable Securities linked to the common stock of Netflix, Inc. Each security has a $1,000 stated principal amount and a contingent payment of $26.25 (equivalent to 10.50% per annum) on specified contingent payment dates. Pricing date is expected to be May 22, 2026 with original issue date expected May 28, 2026 and maturity expected May 25, 2029. Payments depend on closing prices on scheduled determination dates relative to a call threshold (100%) and a downside threshold (65%). If final price is below the downside threshold, investors receive a cash value and may lose a significant portion or all of their investment; the securities are unsecured obligations of UBS and subject to UBS credit risk.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the iShares® MSCI Brazil ETF due on or about May 15, 2028. The Notes pay periodic contingent coupons only if the ETF closes at or above a coupon barrier on observation dates; otherwise no coupon is paid. The Notes will be automatically called early if the ETF closes at or above the initial level on any quarterly observation date beginning about six months after the trade date, in which case investors receive principal plus any contingent coupon due on the related call settlement date. If not called, repayment at maturity depends on the final level relative to a downside threshold: if the final level is below that threshold, investors suffer a loss proportional to the ETF’s decline and could lose all principal. The offering references a trade date of May 12, 2026, settlement of May 14, 2026, a final valuation date of May 11, 2028, and a maturity of May 15, 2028. Payments remain subject to UBS’s creditworthiness. The document provides hypothetical examples of coupon and downside outcomes and an estimated initial value range per Note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the iShares® MSCI Brazil ETF. The Notes have a $10 principal amount per Note, trade date May 12, 2026, settlement May 14, 2026, final valuation date May 11, 2028 and maturity May 15, 2028. The Notes pay a contingent coupon on each coupon payment date only if the underlying closing level on the observation date is at or above the coupon barrier. The Notes are automatically called if an observation date (quarterly, beginning after six months) has the closing level equal to or above the initial level; upon an automatic call UBS pays principal plus any contingent coupon then due and the Notes terminate. 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 the downside threshold, repayment is reduced proportionally to the underlying return and you could lose a significant portion or all of your investment. The estimated initial value as of the trade date is $9.70. Minimum investment is 100 Notes ($1,000).
UBS AG London Branch is offering capped leveraged basket-linked medium-term notes that pay no interest and whose cash settlement at maturity depends on an unequally-weighted basket of five indices measured from the trade date May 12, 2026 to the determination date August 5, 2027.
Each $1,000 face amount note participates at a 300.00% upside rate subject to a cap level of 107.40% of the initial basket level and a maximum settlement amount of $1,222.00 per $1,000. If the final basket level is below the initial level, holders lose 1% of face amount for each 1% negative basket return and may lose their entire investment. The issue price is 100.00% of face amount; the estimated initial value is $981.90 per $1,000.
UBS AG offers Trigger Callable Contingent Yield Notes linked to the least performing of IGV and XBI. The Notes have a principal amount of $1,000 per Note, a contingent coupon rate of 16.00% per annum and an expected term of approximately three years with trade date May 20, 2026, settlement May 26, 2026, final valuation date May 21, 2029 and maturity May 24, 2029.
The Notes pay a fixed contingent coupon only if the closing level of each underlying ETF is at or above its coupon barrier on an observation date; otherwise no coupon is paid. UBS may call the Notes in whole on monthly observation dates beginning after three months. At maturity holders face contingent repayment of principal: if any underlying ETF is below its downside threshold, principal will be reduced in proportion to the negative return of the least performing underlying asset. Estimated initial value on the trade date is expected between $954.30 and $984.30.
The issuer UBS AG is offering one‑year Airbag Autocallable Yield Notes linked to the common stock of AppLovin (APP), Devon Energy (DVN) and Johnson Controls (JCI). Trade date is May 15, 2026, expected settlement May 20, 2026, and expected maturity May 20, 2027. Each Note has a principal amount of $1,000, a monthly coupon (set on the trade date) within the ranges shown on the cover, and quarterly observation dates that can trigger an automatic call. If not called, repayment at maturity is cash equal to principal if the final level is at or above the conversion level; otherwise holders receive a share delivery amount (or cash for fractional shares), which may be worth less than principal. Payments depend on UBS creditworthiness.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Block, Inc. common stock due May 17, 2027. The Notes pay periodic contingent coupons only if the underlying 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 prior observation date. If not called and the final level is below the downside threshold, principal repayment at maturity is contingent and may result in a loss equal to the underlying return, including a total loss. Payments depend on UBS's creditworthiness. Trade date is May 13, 2026 and settlement is May 15, 2026.
UBS AG is offering $1,490,000 in Trigger Autocallable Contingent Yield Notes linked to Applied Materials, Inc. The Notes pay periodic contingent coupons only if the underlying stock closes at or above a stated coupon barrier on observation dates and may be automatically called early if the underlying meets or exceeds the initial level on any observation date prior to maturity. If not called, repayment of principal at maturity is contingent: full principal is returned only if the final level is at or above the downside threshold; if the final level is below that threshold, principal is reduced proportionally to the underlying return and investors could lose a significant portion or all of their initial investment. Payments are subject to UBS credit risk. Trade date is May 13, 2026, expected settlement May 15, 2026, final valuation date May 11, 2028 and maturity May 15, 2028. The Notes have a minimum investment of 100 Notes at $10 per Note and an estimated initial value of $9.82 on the trade date.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Advanced Micro Devices, Inc. The Notes pay a contingent coupon only when the underlying's closing level on an observation date is at or above 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; otherwise, repayment at maturity falls by the underlying return and investors may lose a significant portion or all of their principal. The Notes mature on May 15, 2028 and are offered in $10 increments with an estimated initial value of $9.79 per $10 Note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of MercadoLibre, Inc. The Notes pay a contingent coupon on each coupon payment date only if the closing level of the underlying asset on the applicable observation date is equal to or above the coupon barrier; otherwise no coupon is paid.
If the underlying asset closes at or above the initial level on any quarterly observation date beginning after 12 months, the Notes will be automatically called and you will receive the principal amount plus any contingent coupon due on the call settlement date. If not called, repayment at maturity depends on the final level relative to the downside threshold: if the final level is below the downside threshold your cash repayment may be less than the principal amount, and you could lose a significant portion or all of your investment. All payments are subject to the creditworthiness of UBS.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Block, Inc. The Notes pay periodic contingent coupons only if the underlying stock closes at or above a coupon barrier on observation dates and may be automatically called early if the underlying closes at or above the initial level on an observation date.
The Notes mature on May 17, 2027 with a final valuation date of May 13, 2027. Minimum purchase is 100 Notes ($1,000). Estimated initial value per Note is between $9.46 and $9.71, and principal repayment at maturity is contingent on the final level relative to a 70.00% downside threshold.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Blackstone Inc., maturing May 15, 2028. The Notes pay contingent coupons only if observation-date closing levels meet a coupon barrier and may 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 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 entire principal. The Notes are unsecured obligations of UBS and subject to UBS credit risk. Trade and settlement occur in May 2026; minimum investment is 100 Notes at $10 per Note.
UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Applied Materials, Inc. common stock due on or about May 15, 2028. The Notes pay periodic contingent coupons only when the underlying's closing level meets or exceeds a coupon barrier and may be automatically called early if the underlying reaches or exceeds the initial level on an observation date. If not called, principal is repaid at maturity only if the final level is at or above a disclosed downside threshold; if below, repayment declines in proportion to the underlying return and investors could lose a substantial portion or all of principal. Trade date is May 13, 2026 and settlement is expected on May 15, 2026. The Notes are unsecured obligations of UBS and all payments depend on UBS's creditworthiness. The offering has a minimum investment of 100 Notes at $10 per Note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Advanced Micro Devices, Inc. The Notes pay a contingent coupon 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 observation date prior to maturity. 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 declines in line with the underlying return and you may lose a significant portion or all of your investment. The preliminary pricing supplement sets a trade date of May 13, 2026, settlement on May 15, 2026, a final valuation date of May 11, 2028, and a maturity date of May 15, 2028. The Notes are offered in $10 denominations (minimum 100 Notes, $1,000) and the estimated initial value per Note is between $9.44 and $9.69.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Carnival Corporation maturing May 15, 2028. The notes pay a contingent coupon only when the closing level of the underlying meets or exceeds a coupon barrier on specified observation dates and will be automatically called early if the underlying closes at or above the initial level on any observation date prior to the final valuation date. If not called, principal repayment at maturity is contingent: full principal is returned only if the final level is at or above the downside threshold; otherwise principal is reduced proportionally to the underlying return and you could lose all of your investment. Key dates include trade May 13, 2026, settlement May 15, 2026, final valuation May 11, 2028, and maturity May 15, 2028. The notes have a principal amount of $10 per Note, a minimum investment of 100 Notes ($1,000), an estimated initial value of $9.67, and payments are subject to UBS's creditworthiness.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Centene Corporation common stock maturing on May 15, 2028. The Notes pay a contingent coupon only when the underlying closing level on observation dates meets or exceeds a coupon barrier; they are automatically called early if the underlying closes at or above the initial level on any observation date. At maturity, if not called, principal is repaid only if the final level is at or above the stated downside threshold; if the final level is below that threshold, principal is reduced proportionally to the underlying return and investors may lose a large portion or all of their investment. All payments are subject to the creditworthiness of UBS and the Notes are not FDIC-insured.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of MercadoLibre, Inc. The Notes mature on May 15, 2028 with a final valuation date of May 11, 2028. The Notes pay a periodic contingent coupon only if the underlying closing level on an observation date meets or exceeds the coupon barrier, and the Notes will be automatically called early if the underlying closes at or above the initial level on any quarterly observation date beginning about 12 months after the trade date. If not called, repayment of principal at maturity is contingent: full principal is repaid only if the final level is at or above the downside threshold; if below, repayment declines in direct proportion to the underlying return, potentially causing a total loss. Any payments are subject to UBS credit risk.
UBS AG is offering $246,000 principal of Trigger Autocallable Contingent Yield Notes linked to the common stock of ServiceNow, Inc. The Notes pay a periodic contingent coupon only if the underlying closes at or above a coupon barrier on an observation date and may be automatically called on a quarterly observation 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 the downside threshold; if the final level is below that threshold, you will suffer a loss in proportion to the underlying return and could lose all of your investment. Trade date is May 13, 2026, settlement May 15, 2026, final valuation date May 11, 2029 and maturity May 15, 2029. The estimated initial value per Note is $9.65 (principal amount $10), and all payments are subject to the creditworthiness of UBS.
UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Blackstone Inc. common stock due on or about May 15, 2028. The Notes pay periodic contingent coupons only if the underlying stock 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 on an observation date. If not called, principal repayment at maturity is contingent: full principal is paid only if the final level is at or above a downside threshold; otherwise repayment is reduced pro rata to the underlying return, and investors can lose a significant portion or all of their investment. Payments are subject to UBS credit risk. Example terms in the preliminary pricing supplement include a $10 principal per Note, an illustrative contingent coupon rate of 14.24% per annum, a downside threshold and coupon barrier at 70% of the initial level, estimated initial value range of $9.36 to $9.61, trade date May 13, 2026, and maturity May 15, 2028.
UBS AG is offering Airbag Autocallable Yield Notes linked to the common stock of Freeport-McMoRan Inc. The Notes pay a coupon on each coupon payment date unless automatically called early. If an observation date meets or exceeds the initial level, UBS will auto-call and repay principal plus the coupon on the related coupon payment date. If not auto-called, repayment at maturity depends on the final level relative to the conversion level: UBS will repay principal in cash if the final level is at or above the conversion level; otherwise, UBS will deliver a calculated share delivery amount (or cash for fractional shares), which can be worth less than principal and may produce a partial or total loss of principal. Payments and principal are subject to UBS credit risk. Key dates: Trade Date May 13, 2026; Settlement Date May 15, 2026; Final Valuation Date May 13, 2027; Maturity Date May 17, 2027. The estimated initial value on the trade date is $980.20.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Carnival Corporation, with a trade date of May 13, 2026, expected settlement on May 15, 2026 and maturity on May 15, 2028. The Notes pay periodic contingent coupons only if the underlying closes at or above a coupon barrier on observation dates and are automatically called early if the underlying closes at or above the initial level on an observation date. If not called, principal repayment at maturity is contingent on the final level relative to a downside threshold, and a final decline below that threshold can produce a principal loss equal to the underlying return. The Notes are unsecured obligations of UBS and payments depend on UBS’s creditworthiness. Terms are subject to completion and the final pricing supplement will set final economic terms.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Centene Corporation, maturing on May 15, 2028. The notes pay periodic contingent coupons only if the underlying closes at or above a coupon barrier on observation dates and may be automatically called early if the underlying equals or exceeds the initial level on an observation date. If not called and the final level is below the downside threshold, principal repayment at maturity is contingent and may be less than the principal amount, exposing holders to the full downside of the underlying.
The trade date is May 13, 2026 with settlement on May 15, 2026. Notes are offered in $10 denominations (minimum 100 Notes). The estimated initial value range is $9.39 to $9.64 per Note and all payments are subject to UBS credit risk.
UBS AG is offering Airbag Autocallable Yield Notes linked to the common stock of Dell Technologies Inc. Each Note has a principal amount of $1,000, an estimated initial value of $981.20, a coupon rate of 15.67% per annum and a maturity date of May 17, 2027. Coupons are paid on each coupon payment date unless the Notes are automatically called early. If the Notes are not called and the final level of Dell stock is below the conversion level, repayment at maturity may be in shares (the share delivery amount), which could result in a loss of some or all principal. All payments remain subject to the creditworthiness of UBS.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to ServiceNow, Inc. stock due on or about May 15, 2029. 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 about six months after trade date. If not called and the final level is below the downside threshold, principal repayment at maturity is contingent and may result in a loss equal to the percentage decline in the underlying asset; in extreme cases you could lose your full investment. The Notes are unsecured obligations of UBS and any payment depends on UBS creditworthiness. Key economic terms shown in this preliminary pricing supplement include a principal amount per Note of $10, an illustrative contingent coupon rate of 19.01% per annum (contingent coupon $0.4753 per $10 Note), a downside threshold of $60.00 (60.00% of the initial level), an estimated initial value range of $9.28 to $9.53, trade date May 13, 2026 and maturity date May 15, 2029. This is a preliminary pricing supplement; final terms will be set on the trade date and the Notes are not FDIC insured.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Accenture plc common stock that mature on May 15, 2028. The Notes pay a periodic contingent coupon only if 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 prior observation date. If not called, repayment at maturity is contingent: if the final level is at or above the downside threshold you receive the $10 principal amount; if the final level is below the downside threshold you receive an amount that reflects the percentage decline in the underlying, which could result in a significant loss or full loss of principal. Payments are subject to UBS credit risk. Trade and settlement dates are May 13, 2026 and May 15, 2026, respectively; final valuation and maturity dates are May 11, 2028 and May 15, 2028. The estimated initial value on the trade date is $9.58 per Note.
UBS AG is offering Airbag Autocallable Yield Notes linked to Freeport-McMoRan Inc. common stock due on or about May 17, 2027. The Notes pay fixed coupons monthly unless automatically called early if the underlying stock closes at or above the initial level on an observation date. If not called, repayment at maturity depends on the final level relative to the conversion level: UBS will repay principal in cash if the final level is at or above the conversion level, or deliver a share delivery amount (shares plus cash for any fractional share) that may be worth less than principal if the final level is below the conversion level. Payments are subject to UBS credit risk. Trade date, settlement date, final valuation date and maturity are May 13, 2026, May 15, 2026, May 13, 2027 and May 17, 2027, respectively. The preliminary pricing supplement shows an illustrative coupon around 9.91% per annum and an estimated initial value range of $951.00 to $976.00.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the SPDR Gold Trust (an ETF) due May 15, 2028. The notes pay a contingent coupon only if the underlying closing level on an observation date meets or exceeds the coupon barrier, and are subject to automatic quarterly calls beginning after 12 months if the underlying closing level is at or above 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 with the underlying return and you could lose a significant portion or all of your investment. Trade date is May 13, 2026, settlement is May 15, 2026, final valuation date is May 11, 2028, and estimated initial value per Note on the trade date is $9.69. Minimum purchase is 100 Notes at $10 per Note.