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

UBS AG is offering $2.49 million of Buffer In-Digital Securities, unsubordinated unsecured notes linked to the State Street Energy Select Sector SPDR ETF (XLE), maturing August 13, 2027. Each Security has a $1,000 principal amount and a term of about 13 months.

If the ETF’s final level is at or above the digital barrier of $49.57 (90% of $55.08), holders receive principal plus an 11.00% digital return. If the final level is below the barrier but at or above the downside threshold of $46.82 (85% of $55.08), holders receive only principal. Below the downside threshold, repayment is reduced according to the ETF loss beyond the 15% buffer, and investors can lose almost all principal. The notes pay no interest, are not listed, and any payment depends on UBS’s credit. The estimated initial value is $991.50 per Security, below the $1,000 issue price, reflecting dealer compensation and hedging costs.

UBS AG is offering $3,992,000 of unsecured Autocallable Notes linked to an unequally weighted basket of five equity indices: EURO STOXX 50® (40%), Nikkei 225 (25%), FTSE® 100 (17.5%), Swiss Market Index (10%) and S&P/ASX 200 (7.5%). The notes have a $10 principal amount per note, a term of approximately three years (trade date July 9, 2026; maturity July 11, 2029) and a 13.10% per annum call return rate.

On each annual observation date, including the final valuation date, if the basket closing level is at or above the call threshold level of 100% of the initial basket level (100.00), the notes are automatically called and investors receive the call price (principal plus accrued call return), ending the investment. If never called, at maturity investors receive $10 × (1 + basket return), which can be less than principal and fall to zero, fully exposing them to basket downside. There are no interest payments or dividend participation, and upside is capped at the call return.

The estimated initial value per note is $9.711, below the $10 issue price, reflecting underwriting discount, hedging and issuance costs. The notes are subject to UBS credit risk and will not be listed; secondary market liquidity may be limited, and sale before maturity could realize substantial loss.

UBS AG, acting through its London branch, is offering Trigger Autocallable Contingent Yield Notes with Memory Interest linked to the common stock of Norwegian Cruise Line Holdings Ltd. The Notes are unsubordinated, unsecured UBS debt with a $1,000 principal amount per Note and an expected term of about 18 months, from the expected trade date of July 17, 2026 to the expected maturity date of January 21, 2028.

Investors may receive quarterly contingent coupons at a rate between 14.50% and 15.50% per annum (approximately $36.25 to $38.75 per quarter per Note) if on each observation date the Norwegian Cruise Line share price is at or above a coupon barrier set at 50% of the initial level. The Notes are automatically called, returning principal plus due and unpaid coupons, if the share price on an observation date (other than the final one) is at or above a call threshold equal to 100% of the initial level.

If the Notes are not called and the final share price is at or above the 50% downside threshold, investors receive their full principal. If the final price is below the downside threshold, investors receive a share delivery amount equal to $1,000 divided by the initial share price, exposing them to the full downside of the stock and potentially a loss of a significant portion or all of the initial investment. All payments depend on UBS’s credit, and the Notes will not be listed, with any secondary market making at UBS’s discretion.

UBS AG is issuing $650,000 of unsubordinated, unsecured Conversion Yield Notes due January 15, 2027, linked to a 20‑year U.S. Treasury Bond paying 5.00% and maturing May 15, 2046. Each Note has a $1,000 principal amount and a fixed coupon of 6.04% per annum (about $30.20 over the ~6‑month term), paid at maturity regardless of bond performance.

The initial clean price of the underlying bond is 99.0078%. If the final clean price on January 8, 2027 is at or above this level, investors receive full principal in cash plus the coupon. If it is lower, investors receive a physical delivery amount of 10.0150 bonds per Note, based on a $99.8503 conversion price, with cash for any fraction. In that downside scenario, the bond package is expected to be worth less than principal, so investors can lose some or all of their investment.

The Notes are not listed, may have little or no secondary market, and share the same downside risk as holding the underlying bond, in addition to UBS credit risk. The estimated initial value is $983.00 per $1,000 Note, below the issue price, reflecting dealer compensation, hedging and funding costs. Investors also face complex tax treatment and potential early redemption if specified underlying‑asset acceleration events occur.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Microsoft Corporation. The Notes pay a contingent coupon only when the stock’s closing level on an observation date, including the final valuation date, is at or above a specified coupon barrier; otherwise no coupon is paid for that period.

The Notes are automatically called early if Microsoft’s share price on any observation date before maturity is at or above the initial level, in which case investors receive the $10 principal per Note plus any due contingent coupon and no further payments. If not called and the final level on July 12, 2027 is at or above the downside threshold, investors receive full principal back at maturity on July 14, 2027.

If the Notes are not called and the final level is below the downside threshold, repayment is reduced in line with the percentage decline in the stock, and the entire principal can be lost. The estimated initial value is $9.74 per $10 Note. All payments depend on the creditworthiness of UBS, and the Notes are not listed, not insured, and involve significant market and credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Advanced Micro Devices, Inc. The Notes are unsubordinated, unsecured debt of UBS with a principal amount of $10 per Note, a minimum investment of 100 Notes, and an aggregate offering size of $620,000. They are scheduled to trade on July 10, 2026, settle on July 14, 2026, and mature on July 16, 2029, subject to market disruption adjustments.

The Notes pay a contingent coupon only if the AMD share price on an observation date is at or above the coupon barrier of $50.00, which is 50.00% of the initial level. The same level serves as the downside threshold. UBS will automatically call the Notes if AMD closes at or above the initial level on any observation date before maturity, repaying principal plus any due coupon. If not called, principal is repaid at maturity only if AMD’s final level is at or above the downside threshold; otherwise repayment is reduced in line with the negative underlying return, and investors could lose all of their investment. The indicated contingent coupon rate in the examples is 25.63% per annum (or $0.6408 per period), and the estimated initial value is $9.74 per Note, with all payments subject to UBS’s creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Microsoft Corporation. These unsecured debt notes pay a contingent coupon only when the stock’s closing level on an observation date is at or above a specified coupon barrier; otherwise no coupon is paid for that period.

The notes are automatically called before maturity if Microsoft’s stock closes at or above the initial level on any observation date before the final valuation date, in which case investors receive the principal plus any due contingent coupon and no further payments. If not called, and on the final valuation date the stock is at or above the downside threshold, investors receive the $10 principal per note; if it is below the downside threshold, repayment is reduced in line with the stock’s negative return and can fall to zero.

The notes are expected to trade from July 10, 2026 with maturity on July 14, 2027, offered in minimums of 100 notes at $10 each. The estimated initial value per $10 note is expected between $9.48 and $9.73. All payments are subject to the creditworthiness of UBS, and the notes will not be listed on any exchange.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Advanced Micro Devices, Inc., each with a principal amount of $10 per Note.

The Notes pay a contingent coupon only when the AMD share price on an observation date is at or above a preset coupon barrier and may be automatically called early if the share price is at or above the initial level on any observation date before maturity. If not called, investors receive full principal at maturity only if the final AMD share price is at or above a downside threshold; otherwise, repayment is reduced one-for-one with AMD’s decline and can fall to zero. Payments depend entirely on UBS’s credit; the Notes are unsecured, unsubordinated obligations, are not FDIC insured, and will not be listed on any exchange.

UBS AG is offering $1,405,000 Trigger Autocallable Contingent Yield Notes linked to the common stock of NVIDIA Corporation, maturing on July 16, 2029. The Notes pay a contingent coupon only if, on each observation date, NVIDIA’s share price is at or above a coupon barrier set at 60.00% of the initial level ($60.00 in the examples); otherwise no coupon is paid.

The Notes are automatically called if, on any observation date before maturity, the share price is at or above the initial level, in which case investors receive the $10 principal per Note plus the applicable coupon and no further payments. If not called and the final level is at or above the downside threshold (also 60.00% of the initial level), principal is repaid; if below, repayment is reduced in line with the negative underlying return and can fall to zero. The example terms use a 12.80% per annum coupon rate and a $10 principal, with an estimated initial value of $9.75 per Note. All payments depend on UBS’s creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of NVIDIA Corporation, issued as unsubordinated, unsecured debt of UBS. The Notes pay a contingent coupon only on observation dates when the NVIDIA share price is at or above a specified coupon barrier; no coupon is paid otherwise. If, on any observation date before the final valuation date, the share price is at or above the initial level, the Notes are automatically called and pay principal plus the applicable contingent coupon, with no further payments.

If the Notes are not called and the final NVIDIA share price at maturity is at or above a downside threshold, principal is repaid; if it is below the threshold, investors receive $10 times 1 plus the underlying return, which can result in a substantial or total loss of principal. Any payment depends on UBS’s creditworthiness, and the Notes will not be listed on any exchange. The minimum investment is 100 Notes at $10 each, and the estimated initial value on the trade date is expected to be between $9.36 and $9.61 per Note.

UBS AG is offering $375,000 of Capped Buffer GEARS, unsecured debt securities linked to the common stock of an underlying company, at $10 per Security and maturing on July 14, 2028. The payoff depends on the stock’s performance from the July 10, 2026 trade date to the final valuation date.

If the stock’s return is positive, investors receive principal plus a leveraged gain equal to the underlying return times an upside gearing of 5.00, capped at a maximum gain of 51.20%, for a maximum payment of $15.12 per Security in the example. If the return is zero or negative but the final level stays at or above the downside threshold, principal is repaid at maturity. If the final level falls below the downside threshold, losses exceed a 40% buffer and can reach almost the entire investment. The notes pay no interest, are not listed, have an estimated initial value of $9.51 per $10 Security, and all payments are subject to UBS’s credit risk.

UBS AG is offering $500,000 of Trigger Autocallable Contingent Yield Notes linked to Broadcom Inc. common stock, maturing on July 16, 2029. The Notes pay a contingent coupon only when Broadcom’s closing level on an observation date is at or above a coupon barrier set at $65.00, which is 65.00% of the initial level in the hypothetical examples. UBS will automatically call the Notes early if Broadcom’s level on an observation date (before the final valuation date) is at or above the initial level, repaying principal plus any due coupon. If the Notes are not called and Broadcom’s final level is at or above the downside threshold (also $65.00 in the examples), principal is repaid; otherwise investors are exposed one-for-one to the stock’s decline and can lose all principal. The contingent coupon rate in the hypothetical terms is 20.54% per annum on the $10 principal amount per Note. Any payment depends on UBS’s credit, the Notes are not listed, and the estimated initial value of each Note is $9.72, below the $10 issue price.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Broadcom Inc., maturing on or about July 16, 2029. These are unsubordinated, unsecured debt obligations of UBS that pay a contingent coupon only if Broadcom’s closing share price on each observation date is at or above a preset coupon barrier.

The notes may be automatically called before maturity if Broadcom’s stock closes at or above the initial level on any observation date, in which case investors receive principal plus the applicable contingent coupon and no further payments. If the notes are not called and Broadcom’s final level is at or above a downside threshold, investors receive only their principal at maturity, potentially plus a final contingent coupon.

If the notes are not called and Broadcom’s final level is below the downside threshold, investors are fully exposed to the stock’s decline on a one-for-one basis, and could lose all of their initial investment. Any payment depends on UBS’s creditworthiness. The notes are offered in minimum denominations of 100 notes at $10 per note, with an estimated initial value between $9.35 and $9.60 per note.

UBS AG is offering Capped Buffer GEARS, unsecured debt securities linked to the common stock of an underlying company, maturing on July 14, 2028. The return depends on the stock’s performance between the trade date and the final valuation date and whether the final level stays above a downside threshold.

If the stock’s return is positive, investors receive $10 principal plus a gain equal to the lesser of the underlying return multiplied by the upside gearing and the maximum gain. A worked example uses an upside gearing of 5.00 and a maximum gain of 48.05%, capping the payment at $14.805 per Security. If the return is zero or negative but above the downside threshold, investors receive only the $10 principal.

If the stock declines below the downside threshold, losses exceed a buffer and principal is reduced using $10 × [1 + (Underlying Return + Buffer)], with an example buffer of 40.00%; in severe declines, almost all principal can be lost. The Securities pay no interest, will not be listed on an exchange, and any payment depends on UBS’s credit. The estimated initial value is between $9.31 and $9.56 per $10 Security.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Broadcom Inc. The Notes pay a contingent coupon only if Broadcom’s closing level on each observation date is at or above a coupon barrier; otherwise no coupon is paid for that period.

The Notes may be automatically called quarterly, beginning after 6 months, if Broadcom’s level is at or above the initial level, in which case investors receive the $10 principal per Note plus the applicable contingent coupon and no further payments. If not called, and at maturity in July 2029 Broadcom’s level is at or above the downside threshold, investors receive the $10 principal per Note; if it is below the downside threshold, repayment is reduced in line with the negative underlying return and can fall to zero.

The Notes are unsubordinated, unsecured debt obligations of UBS AG, are not listed on any exchange, and any payment, including principal, depends on UBS’s creditworthiness. The estimated initial value per Note is $9.69 versus the $10 issue price.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Broadcom Inc., maturing on or about July 16, 2029. Each Note has a principal amount of $10 and a minimum investment of 100 Notes, or $1,000. Investors receive a contingent coupon of 16.78% per annum (about $0.4195 per quarter per $10 Note) only if Broadcom’s closing level on an observation date is at or above the coupon barrier, set at $60.00, which is 60.00% of the initial level.

The Notes are automatically called quarterly, beginning after 6 months, if Broadcom’s closing level is at or above the initial level, in which case UBS repays principal plus the applicable contingent coupon and makes no further payments. If the Notes are not called and Broadcom’s final level on July 12, 2029 is at or above the downside threshold of $60.00, UBS repays the $10 principal (plus any final contingent coupon if the coupon barrier is met). If the final level is below the downside threshold, repayment is reduced to $10 × (1 + underlying return), exposing holders to the full downside of the stock, with the potential for a total loss.

The estimated initial value per Note on the trade date of July 10, 2026 is expected to be between $9.35 and $9.60, based on UBS’s internal pricing models. The Notes are unsecured, unsubordinated obligations of UBS, are not bank deposits, are not insured, will not be listed on any exchange, and all payments depend on the creditworthiness of UBS.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the S&P 500 Index, Russell 2000 Index and Nasdaq-100 Technology Sector, each with coupon barriers at 70% of its initial level and downside thresholds at 60% of its initial level. The Notes pay a contingent coupon of 11.55% per annum, only if on an observation date (monthly, beginning after 3 months) the closing level of each underlying is at or above its coupon barrier; otherwise no coupon is paid for that period. UBS may, at its discretion, call the Notes in whole on any observation date (other than the final valuation date), in which case investors receive the principal amount plus any due contingent coupon and no further payments.

If the Notes are not called and the final level of each underlying is at or above its downside threshold, investors receive only the principal at maturity, with any final contingent coupon paid only if each underlying is also at or above its coupon barrier. If any underlying finishes below its downside threshold, the maturity payment is reduced in proportion to the decline of the least performing underlying, and investors can lose a significant portion or all of their investment. The Notes are unsecured, unsubordinated obligations of UBS, not listed on any exchange, and carry an estimated initial value between $958.40 and $988.40 per $1,000 Note, reflecting underwriting compensation and UBS’ internal funding rate.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100® Technology Sector (NDXT) and the Russell 2000® Index (RTY). The offering size is $2,338,000 at an issue price of $1,000 per Note. The Notes pay a contingent coupon of 11.30% per annum only when both underlying assets meet their coupon barriers on observation dates. UBS may call the Notes monthly beginning after ~12 months; if called you receive principal plus any contingent coupon then due. If not called, repayment at maturity depends on the final levels: full principal is returned only if each final level is at or above its downside threshold (65% of initial level); otherwise principal is reduced pro rata to the percentage decline of the least performing underlying asset, and investors could lose substantially or all principal. The estimated initial value per Note is $987.60. Payments and principal are subject to UBS credit risk and the Notes will not be listed.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the Solactive U.S. Large Cap Volatility Navigator 40 Index due July 14, 2031. The offering totals $387,000 at an issue price of $1,000 per Note and an estimated initial value of $959.00 per Note. The Notes pay a fixed contingent coupon of 19.50% per annum only on observation dates when the underlying closes at or above the coupon barrier; they autocall monthly (first callable after ~6 months) if the underlying closes at or above the call threshold. At maturity, if not called and the final level is below the downside threshold, principal is reduced pro rata to the underlying return, potentially resulting in a total loss. All payments are subject to UBS credit risk.

UBS AG is offering $4,063,000 of Trigger Callable Contingent Yield Securities due July 13, 2028. Each $1,000 security pays a contingent quarterly coupon of $23.125 (equivalent to 9.25% per annum) only if the closing level of each underlying index stays at or above its coupon barrier (65% of its initial level) on every trading day of an observation period. UBS may call the securities in whole on any coupon payment date prior to the final determination date; if called you receive the $1,000 stated principal plus any contingent coupon due on that date.

If not called, at maturity you receive $1,000 plus any contingent coupon if every underlying index is at or above its trigger level (65% of its initial level). If any underlying index is below its trigger level at maturity, you receive $1,000 × (1 + underlying return of the worst performing underlying index) and may lose a significant portion or all of your principal. Payments depend on UBS’ creditworthiness.

UBS AG is offering $4,746,000 of Trigger Callable Contingent Yield Notes linked to the least performing of the S&P 500® Index, the Russell 2000® Index and the Nasdaq-100® Technology Sector. Each Note has an issue price of $1,000.00, an estimated initial value of $988.90, and a contingent coupon rate of 11.00% per annum. The Notes are callable by UBS monthly beginning after six months; if called UBS pays principal plus any contingent coupon due on the call settlement date. At final maturity (July 12, 2029) repayment of principal depends on the final levels of the underlying assets relative to their downside thresholds (50% of initial levels) and coupon barriers (70% of initial levels). Proceeds to UBS are $4,710,405.00.

UBS AG is offering $20,485,000 of Trigger Callable Contingent Yield Securities due July 13, 2028 linked to the worst performing of the Nikkei 225, Russell 2000 and S&P 500 indices. The securities have a stated principal of $1,000 per security, an estimated initial value of $956.30, and an approximate term of 24 months. They pay a $33.75 contingent coupon per quarter (equivalent to 13.50% per annum) only if, on every trading day of an observation period, each underlying index closes at or above its coupon barrier (65% of its initial index level). UBS may call the securities in whole on any coupon payment date prior to the final determination date; if not called, repayment at maturity depends on the final levels: full principal if every index is at or above its 65% trigger level, otherwise principal is reduced proportionately to the decline of the worst performing underlying index.

UBS AG is offering Airbag Callable Contingent Yield Notes linked to the least performing of the shares of the VanEck Vectors® Junior Gold Miners ETF (GDXJ), the Global X Silver Miners ETF (SIL) and the Amplify Junior Silver Miners ETF (SILJ). The offering size is $6,750,000 at an issue price of $1,000 per Note. The Notes pay a contingent coupon only if the closing level of each underlying asset is at or above its coupon barrier on an observation date; otherwise no coupon is paid for that period.

The Notes are issuer-callable (whole, not partial) on monthly observation dates beginning after ~4 months, and mature on January 13, 2027. At maturity, if every underlying final level is at or above its downside threshold (82.50% of initial), UBS repays principal; otherwise repayment is reduced and holders bear leveraged downside tied to the least performing underlying asset with a downside leverage ≈ 1.2121. All payments are subject to UBS credit risk. The estimated initial value per Note on the trade date was $984.70.

UBS AG offers $1,968,000 of Trigger Callable Contingent Yield Notes linked to the least performing of the S&P 500®, Nasdaq-100® and Russell 2000®. The Notes pay a contingent coupon of 11.60% per annum only when each underlying is at or above its coupon barrier on an observation date, are callable monthly by UBS beginning after three months, and repay principal at maturity only if every underlying is at or above its downside threshold; otherwise principal is reduced in line with the percentage decline of the least performing underlying asset.

The issue price is $1,000.00 per Note, estimated initial value is $990.30 per Note, and proceeds to UBS are shown as $1,954,224.00 for the offering.

UBS AG priced a $730,000 offering of Trigger Callable Contingent Yield Notes linked to the least performing of the S&P 500®, Nasdaq-100® and Russell 2000®. Each Note has a $1,000 issue price, a 10.90% per annum contingent coupon and is callable monthly by UBS beginning after ~3 months. At maturity holders receive principal only if each final level is >= its 60.00% downside threshold; otherwise repayment is reduced by the percentage decline of the least performing underlying asset and could be zero.

The estimated initial value per Note was $987.90, and proceeds to UBS equal $724,525 (aggregate) or $992.50 per Note after a $7.50 underwriting discount. Payments and principal are subject to UBS credit risk and the issuer’s discretion to call.

UBS AG is offering Trigger Autocallable Contingent Yield Notes with Memory Interest linked to the least performing common stock of Apple, AMD and Micron. The offering totals $5,155,000 at an issue price of $1,000 per Note. Each Note pays a contingent coupon only if the closing level of each underlying asset on an observation date equals or exceeds its coupon barrier; unpaid coupons can be paid later under a memory interest feature. The Notes are automatically called if all underlyings meet their call threshold on an observation date, in which case holders receive principal plus due contingent coupons. If not called, at maturity holders receive principal in cash only if every underlying is at or above its downside threshold; otherwise holders receive a share delivery amount of the least performing underlying (fractional shares paid in cash), which can be worth substantially less than principal. Key dates: Trade Date 7/9/2026, Final Valuation 7/9/2029, Maturity 7/12/2029. Payments are subject to UBS credit risk. The issuer’s estimated initial value per Note is $945.30, below the issue price.

UBS AG priced Trigger Callable Contingent Yield Notes linked to the least performing of the S&P 500®, Russell 2000® and Nasdaq-100® Technology Sector. The offering totals $751,000 at an issue price of $1,000 per Note and is callable monthly beginning ~3 months after issuance. The Notes pay a contingent coupon of 11.20% per annum only when each underlying asset closes at or above its coupon barrier on an observation date; otherwise no coupon is paid. At maturity, if any underlying asset’s final level is below its downside threshold (each set at 60.00% of its initial level), principal is repaid based on the performance of the least performing underlying asset and full loss of principal is possible. The estimated initial value per Note was $989.70. All payments are subject to UBS credit risk.

UBS AG is offering $20,928,000 of Trigger Callable Contingent Yield Notes linked to the least performing of the S&P 500, Russell 2000 and Nasdaq-100 Technology Sector, maturing July 12, 2029.

The Notes pay a 12.10% per annum contingent coupon only if each underlying is at or above its coupon barrier on an observation date; UBS may call the Notes in whole on monthly observation dates beginning approximately three months after issuance. The estimated initial value was $994.50 per Note; the issue price is $1,000 per Note. If not called and any final level is below its 60.00% downside threshold, principal at maturity will be reduced pro rata to the decline of the least performing underlying asset, and investors could lose a substantial portion or all of their investment.

UBS AG offers $28,945,000 of 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, maturing July 12, 2029. Each Note has an issue price of $1,000.00, an estimated initial value of $994.60, and a contingent coupon rate of 14.75% per annum. The Notes pay a contingent coupon on an observation date only if every underlying asset closes at or above its coupon barrier; otherwise no coupon is paid. UBS may call the Notes in whole (monthly, beginning after three months); if not called and any final level is below its downside threshold (each set at 70.00% of the initial level), principal is repaid at a level tied to the least performing underlying asset and could be reduced to zero. Proceeds to UBS are $28,829,220.00 after a $4.00 underwriting discount per Note.

UBS is offering Trigger Autocallable Contingent Yield Notes with Memory Interest linked to Amazon.com, Inc. due July 13, 2029. Each Note has a $1,000 principal amount, a 10.80% per annum contingent coupon rate and is callable beginning after six months if the underlying closing level meets the call threshold (100.00% of the initial level). The initial level was set at $247.04 (strike date July 9, 2026); the coupon barrier and downside threshold are $160.58 (65.00% of the initial level). If not called and the final level is below the downside threshold, repayment at maturity may be less than principal and can result in loss of a significant portion or all of the investment. The estimated initial value on the trade date was between $944.50 and $974.50; the underwriting discount is $23.50, leaving proceeds to UBS of $976.50 per Note.

UBS AG is offering Airbag Autocallable Contingent Yield Notes with Memory Interest linked to the common stock of Dell Technologies Inc. Each Note has a principal amount of $1,000, an expected term of approximately 18 months, a contingent coupon rate set on the trade date in the range of 21.00% to 23.00% per annum, and an estimated initial value between $931.90 and $961.90 on the trade date.

The Notes pay contingent coupons only if the closing level of Dell meets or exceeds a coupon barrier on quarterly observation dates, are subject to an automatic call if Dell equals or exceeds a call threshold on an observation date, and at maturity either pay $1,000 if the final level is at or above the downside threshold or deliver a share delivery amount if below, exposing investors to full downside market risk and UBS credit risk.

UBS AG offers Conversion Yield Notes due January 15, 2027 linked to a 20‑year U.S. Treasury Bond. Each Note has a $1,000 principal amount and a 6.04% per annum coupon payable at maturity. Trade date is July 10, 2026, settlement July 15, 2026, final valuation January 8, 2027.

The Notes pay the coupon at maturity regardless of underlying performance but repay contingent principal: if the final clean price is below the initial clean price, holders receive a physical delivery amount of the underlying UST (or cash in lieu), which may be worth less than the principal. The estimated initial value range is $953.10 to $983.10.

UBS AG offers $929,000 of Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500, due July 6, 2029. The Notes pay a contingent coupon of 11.00% per annum when each index meets its coupon barrier on an observation date. UBS may call the Notes in whole (beginning after three months); if not called, principal at maturity is contingent on the final levels of the underlying indices and could result in a partial or total loss tied to the least performing index. The estimated initial value was $983.30 and the issue price totals $929,000.00 at $1,000 per Note. All payments are subject to UBS credit risk.

UBS AG is offering $2,024,000 of Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100®, Russell 2000® and S&P 500® with a maturity of July 6, 2029.

The Notes pay a contingent coupon of 12.00% per annum (equal to $10.00 per Note per applicable period) only if, on each observation date, the closing level of every underlying index is at or above its coupon barrier; otherwise no coupon is paid. The Notes are issuer-callable beginning after three months and return principal at maturity only if each underlying index is at or above its downside threshold, otherwise holders suffer the negative return of the least performing underlying asset.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Constellation Energy Corporation maturing on July 13, 2027. The notes pay contingent coupons only if the underlying closing level meets the coupon barrier on observation dates and may autocall early if the underlying meets 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; if the final level is below that threshold, repayment may be less than the principal amount, potentially resulting in substantial or total loss of the initial investment. The notes have an estimated initial value of $9.81 per $10 note and are offered in minimum increments of 100 notes.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to CrowdStrike Holdings, Inc. The Notes mature on January 13, 2028 with a final valuation date of January 11, 2028 and a trade/settlement window in July 2026. Each Note has a $10 principal amount and pays a contingent coupon on scheduled coupon dates only if the underlying closing level meets or exceeds the coupon barrier. 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 that event UBS pays principal plus any contingent coupon due on the related coupon payment date and no further payments are owed.

If not called, repayment at maturity is contingent: if the final level is at or above the downside threshold you receive principal; if the final level is below the downside threshold you receive an amount equal to $10 × (1 + underlying return), which can result in a substantial loss or total loss of principal. The estimated initial value was $9.81 per Note and the 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 the common stock of Target Corporation maturing on January 13, 2028. The Notes pay contingent coupons only if the underlying closes at or above a coupon barrier on observation dates and may be automatically called monthly beginning about six months after issuance. If not called, principal repayment at maturity is contingent: full principal is paid only if the final level is at or above the downside threshold; otherwise, principal is reduced proportionally to the decline in the underlying, and investors could lose a substantial portion or all of their investment. Trade and settlement dates are July 9, 2026 and July 13, 2026. The estimated initial value was $9.76 per Note; 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 the common stock of Constellation Energy Corporation, with expected trade date July 9, 2026, settlement July 13, 2026, final valuation date July 9, 2027 and maturity July 13, 2027. Each Note has a principal amount of $10 and pays a contingent coupon only when the underlying's closing level on an observation date meets or exceeds the coupon barrier; Notes are automatically called early if the underlying closes at or above the initial level on an observation date.

The Notes repay principal at maturity only if the final level is equal to or above the downside threshold; if the final level is below that threshold, repayment is reduced pro rata to the underlying return and investors may lose a significant portion or all of their investment. Any payments are subject to UBS creditworthiness. The estimated initial value range is $9.47 to $9.72 per Note as of the trade date.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of CrowdStrike Holdings, Inc. The notes pay contingent coupons only when the underlying's closing level meets a coupon barrier on observation dates and may be automatically called early if the underlying reaches the initial level.

Trade date is July 9, 2026 with settlement on July 13, 2026; final valuation date is January 11, 2028 and maturity is January 13, 2028. Minimum investment is 100 Notes at $10 per Note ($1,000). Example terms show an illustrative contingent coupon rate of 18.01% per annum and a downside threshold of $50.00 (50.00% of the initial level), under which principal repayment at maturity may be reduced in proportion to the underlying return.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Target Corporation, with a preliminary pricing supplement dated July 9, 2026. The notes have a trade date of July 9, 2026, expected settlement on July 13, 2026, a final valuation date of January 11, 2028 and expected maturity of January 13, 2028.

The notes pay periodic contingent coupons only if the underlying stock closes at or above the coupon barrier on observation dates. They are autocallable monthly beginning after six months if the underlying closes at or above the initial level, in which 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 is reduced pro rata to the underlying return; examples in the supplement show a $10 principal with a hypothetical 8.14% p.a. contingent coupon and a downside threshold example of $60.00 (60.00%). All payments are subject to UBS credit risk and the notes are not FDIC insured.

UBS AG is offering $1,100,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of SLB N.V. The Notes have a principal amount of $10 per Note, trade date July 9, 2026, expected settlement July 13, 2026, final valuation date July 9, 2027 and maturity July 13, 2027. UBS will 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 greater than the coupon barrier; otherwise no contingent coupon is paid. The Notes will be automatically called early if the closing level on any observation date prior to the final valuation date is equal to or greater than the initial level; an automatic call results in payment of principal plus any contingent coupon then due and termination of 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 $10 per Note; if the final level is below the downside threshold you receive $10 x (1 + Underlying Return), which can result in a substantial loss, including loss of the entire investment. The offering discloses an estimated initial value of $9.77 per Note, a minimum investment of 100 Notes, and states that any payment is subject to the creditworthiness of UBS.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Micron Technology, Inc. common stock due July 13, 2028. The Notes pay a contingent coupon only when the underlying closing level on an observation date is at or above 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 downside threshold; otherwise repayment at maturity falls by the underlying return and investors could lose a significant portion or all of principal. Trade date is July 9, 2026, settlement July 13, 2026, final valuation date July 11, 2028, and maturity July 13, 2028. The Notes have a principal amount of $10 per Note, a stated example contingent coupon rate of 40.07% per annum (illustrative contingent coupon $1.0018), an estimated initial value of $9.74 as of the trade date, and a minimum purchase of 100 Notes ($1,000). All payments are subject to UBS credit risk.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Broadcom Inc. stock, with a $325,000 stated offering label. The Notes have a $10 principal per Note, trade date July 9, 2026, settlement July 13, 2026, final valuation date July 11, 2029 and maturity July 13, 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 are automatically called if the underlying closing level on any quarterly observation date (beginning after six months) is at or above the initial level, in which case UBS pays principal plus any contingent coupon then due. If not called, repayment at maturity is contingent: if the final level is at or above the downside threshold you receive principal; if below, you receive $10 x (1 + Underlying Return), which can result in substantial loss, possibly all principal. All payments remain subject to UBS credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of SLB N.V. due on or about July 13, 2027. The Notes pay contingent coupons only if the underlying closing level meets a coupon barrier on observation dates and may be automatically called early if the underlying 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 can result in a loss equal to the underlying return; in extreme cases you could lose all principal. Example terms shown: principal amount $10 per Note, illustrative contingent coupon rate 11.20% per annum (contingent coupon $0.28) and illustrative downside threshold $75.00 (75% of the initial level). Trade date and initial terms are shown as Trade Date: July 9, 2026 and Settlement Date: July 13, 2026, with Final Valuation Date: July 9, 2027 and Maturity Date: July 13, 2027. Estimated initial value is shown as a range between $9.43 and $9.68 per Note. All payments remain subject to UBS credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Advanced Micro Devices, Inc. common stock with a stated issue amount of $340,000. The Notes pay periodic contingent coupons only if the underlying closing level meets the coupon barrier on observation dates and carry an automatic early‑call if the underlying equals or exceeds the initial level on any observation date prior to the final valuation date. The Notes mature on July 13, 2028 (final valuation date July 11, 2028) and repay principal at maturity only if the final level is at or above the downside threshold; otherwise principal is reduced in proportion to the underlying return, potentially resulting in total loss. Minimum investment is 100 Notes at $10 per Note; the estimated initial value on the trade date was $9.80. Payments remain subject to UBS credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Micron Technology, Inc. The notes have a trade date of July 9, 2026, expected settlement July 13, 2026, final valuation date July 11, 2028 and maturity July 13, 2028. Each Note has a principal amount of $10. The Notes pay a contingent coupon on coupon payment dates only if the underlying closing level is at or above the coupon barrier on an observation date and are automatically called if an observation date closing is at or above the initial level. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; if the final level is below the downside threshold, repayment at maturity is reduced pro rata to the underlying return and you could lose a significant portion or all of your investment. The preliminary estimated initial value per Note is between $9.36 and $9.61. Purchases require a minimum of 100 Notes ($1,000).

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Broadcom Inc. stock due on or about July 13, 2029. The Notes pay periodic contingent coupons only if the underlying stock's closing level on each observation date meets or exceeds a coupon barrier; otherwise no coupon is paid. The Notes will be automatically called early if the underlying stock on any quarterly observation date (beginning after ~6 months) is equal to or greater than the initial level, in which case holders receive principal plus any contingent coupon 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, UBS will repay the $10 principal per Note; if the final level is below the downside threshold, repayment will decline proportionally to the underlying return, potentially resulting in a substantial loss or complete loss of principal. Trade date is July 9, 2026, settlement expected July 13, 2026. Estimated initial value per Note is stated as between $9.35 and $9.60. Any payments depend on UBS's creditworthiness.

$470,000 Offering: UBS AG is offering $470,000 in Trigger Autocallable Contingent Yield Notes linked to the common stock of First Solar, Inc. The Notes pay a contingent coupon only when the underlying stock meets a coupon barrier on specified observation dates and can 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 when the final level is at or above the downside threshold; if the final level is below that threshold, repayment at maturity will be reduced proportionally to the underlying return and you could lose a significant portion or all of your investment. Trade date is July 9, 2026, settlement July 13, 2026, final valuation date July 11, 2029, and maturity July 13, 2029. Any payments depend on UBS's creditworthiness. Estimated initial value per Note is $9.71.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Advanced Micro Devices, Inc., with a trade date of July 9, 2026 and an expected maturity on July 13, 2028. The Notes pay a contingent coupon only if the underlying closing level on each 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 at maturity is reduced in line with the underlying return, and investors may lose a substantial portion or all of their initial investment. The Notes are unsecured obligations of UBS and repayments are subject to UBS creditworthiness. The minimum investment is 100 Notes (principal amount $1,000), and the estimated initial value per Note is between $9.44 and $9.69 as of the trade date.