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 is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Microsoft Corporation due on or about May 4, 2027. The notes pay periodic contingent coupons only if the underlying closes at or above a coupon barrier on observation dates; they autocall 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: investors receive the $10 principal if the final level is at or above the downside threshold; otherwise repayment is reduced 1:1 with the underlying return, potentially resulting in a total loss. Trade date is April 30, 2026 and expected settlement is May 4, 2026. The offering requires a minimum purchase of 100 Notes ($1,000), and the estimated initial value is between $9.45 and $9.70 per Note. Any payments depend on UBS creditworthiness.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Meta Platforms, Inc., maturing on May 4, 2027. 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 equals or exceeds the initial level on any prior observation date. If not called, repayment of principal at maturity is contingent on the final level relative to a downside threshold (80.00% of the initial level in the examples); if the final level is below that threshold, investors suffer a loss equal to the underlying return and could lose all principal. The Notes are unsecured obligations of UBS and any payments are subject to UBS’s creditworthiness. The estimated initial value is $9.78 per Note and the Notes are offered in minimum increments of 100 Notes at $10 per Note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Meta Platforms, Inc. The preliminary pricing supplement dated April 30, 2026 sets a ~1-year term with trade date April 30, 2026, settlement May 4, 2026, final valuation April 30, 2027 and maturity May 4, 2027. Notes have a principal amount of $10 per Note and a minimum purchase of 100 Notes ($1,000). Investors may receive periodic contingent coupons if the underlying stock closes at or above the coupon barrier on observation dates; the Notes will be automatically called if the underlying closes at or above the initial level on any prior observation date. If not called, principal repayment at maturity is contingent on the final level relative to the downside threshold; a final level below that threshold results in a cash payment that can be less than principal, exposing holders to the underlying's negative return. The estimated initial value range is $9.46 to $9.71 per Note as of the trade date. All payments are subject to the creditworthiness of UBS.
UBS AG is offering Trigger Autocallable GEARS due May 2, 2029 linked to an equally-weighted basket of 31 equities. The securities pay no interest, may be automatically called on the May 6, 2027 observation date if the basket closing level is ≥ the 100% autocall barrier, and pay a fixed call price of $11.95 per $10 security if called.
If not called, maturity payouts depend on the basket return, an upside gearing of 1.525, a downside threshold of 75.00 (75% of initial), and are subject to UBS credit risk; investors can lose a large portion or all of principal.
UBS AG is offering $500,000 of Trigger Autocallable Contingent Yield Notes with Memory Interest due May 2, 2030. The Notes are linked to the least performing of the Nasdaq-100 Index, the XLF ETF and the XLY ETF and pay a contingent coupon of 9.75% per annum if each underlying meets its coupon barrier on an observation date. The Notes are callable monthly after 12 months if each underlying is at or above its call threshold; otherwise final payout depends on the least performing underlying and principal is at risk. The strike (initial) levels were set on April 28, 2026. The estimated initial value on the trade date was $989.60 and the issue price is $1,000 per Note. Payments are subject to UBS credit risk; in extreme scenarios you could lose all principal.
UBS AG is offering Trigger Autocallable Notes linked to the least performing of three underlyings. The offering totals $654,000 at an issue price of $1,000 per Note with a principal amount of $1,000 per Note. The Notes mature on May 2, 2031 unless automatically called earlier on quarterly observation dates. A call occurs only if the closing level of each underlying is at or above its call threshold; the call price equals principal plus a predefined call return (rising over time, shown as specific call prices per observation). If not called, repayment at maturity is contingent: if every final level is at or above its 70% downside threshold, holders receive principal; if the final level of any underlying is below its downside threshold, holders receive an amount equal to $1,000 × (1 + underlying return of the least performing underlying asset), which can result in partial or total loss of principal. Payments are unsecured obligations of UBS and depend on UBS creditworthiness.
UBS AG is offering $1,170,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of AECOM (ticker ACM) maturing April 30, 2027. The Notes pay a quarterly contingent coupon at 12.40% per annum ($0.31 per $10 Note) only if the underlying closing level on each observation date is at or above the coupon barrier. The Notes are automatically called if the underlying equals or exceeds the call threshold ($81.06, 100% of the initial level). At maturity, if not called and the final level is below the downside threshold ($56.74, 70% of initial), principal is reduced proportionally and investors may lose a significant portion or all principal. Estimated initial value was $9.667 per Note; issue price is $10.00 per Note. Payments are subject to UBS credit risk and limited secondary-market liquidity.
UBS AG offers $2,366,000 of Trigger Autocallable GEARS linked to Morgan Stanley common stock. The securities are issued at $10.00 per Security (minimum investment: 100 Securities) and include an automatic call on May 6, 2027 if the underlying closes at or above the autocall barrier. If called, holders receive a call price equal to principal plus a 21.65% call return. If not called, maturity payments (May 2, 2029) depend on the underlying return, an upside gearing of 1.37, and a downside threshold of $140.31 (75.00% of initial level); principal repayment at maturity is contingent on UBS’s creditworthiness and the final level relative to the downside threshold.
UBS AG is offering $2,337,000 of Trigger Autocallable GEARS linked to the Bloomberg Commodity Index 3 Month Forward. The securities have a $10 principal per Security, an observation date of May 5, 2027, a final valuation date of April 28, 2031 and a maturity date of April 30, 2031. They are automatically called if the underlying closes at or above the autocall barrier (372.2936) on the observation date; the call price would be $12.10 per Security (21.00% call return). If not called, positive returns at maturity equal $10 × (1 + Underlying Return × 1.25). If the final level is below the downside threshold (279.2202, 75.00% of initial), holders suffer losses equal to the underlying return, potentially losing all principal. Payments depend on UBS creditworthiness. The estimated initial value was $9.693 per Security and the issue price is $10.00 per Security.
UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the S&P 500® Index, the Nasdaq-100® Technology Sector and the Russell 2000® Index due on or about May 10, 2029. The notes pay a contingent coupon of 11.60% per annum only when each underlying asset's closing level on an observation date is at or above its coupon barrier (70.00% of initial level). UBS may call the notes monthly beginning after approximately nine months; if called you receive principal plus any contingent coupon then due. If not called and any final level is below its downside threshold (70.00%), principal is reduced pro rata to the decline of the least performing underlying asset and you could lose all of your investment. The estimated initial value range is $957.60–$987.60 and the issue price is $1,000.00 per note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the least performing of the State Street® SPY and XLE ETFs. The offering totals $5,142,000 at $10 per Note, trade date April 29, 2026, maturity May 3, 2029. The Notes pay a 9.10% per annum contingent coupon when both underlyings meet coupon barriers on observation dates, are callable quarterly after six months if call thresholds are met, and expose holders to downside principal loss equal to the decline of the least performing underlying if its final level is below its downside threshold. All payments are subject to UBS credit risk.
UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Russell 2000® Index and the Nasdaq-100® Technology Sector, with final terms set on the strike date and maturity on or about April 13, 2028. The notes pay a contingent coupon (12.60% per annum in the examples) only if each underlying asset meets its coupon barrier on an observation date; UBS may call the notes monthly beginning after three months. If not called, principal is repaid at maturity only if each underlying asset's final level is at or above its downside threshold (70.00% of initial level in the terms shown); otherwise payment at maturity will reflect the percentage decline of the least performing underlying asset, potentially causing a substantial or total loss. Issue price per note is $1,000.00; estimated initial value is between $957.00 and $987.00. All payments depend on UBS creditworthiness and the notes will not be listed on an exchange.
UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Broadcom Inc. common stock. The Notes pay contingent coupons only if the underlying stock meets the coupon barrier on observation dates and can be automatically called early if the stock equals or exceeds 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 downside threshold; if below, repayment is reduced proportionally to the underlying return and you could lose all principal. Trade date is April 29, 2026, settlement expected May 1, 2026, final valuation April 27, 2029, maturity May 1, 2029. The estimated initial value per Note is $9.70 and the principal amount per Note is $10. Investing involves significant credit risk of UBS and market exposure to Broadcom.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Boston Scientific common stock maturing May 3, 2027. Each Note has a $10 principal amount and pays a contingent coupon only if the underlying closing level meets or exceeds a coupon barrier on observation dates. Notes are automatically called early if the underlying equals or exceeds the initial level on any pre-maturity observation date. If not called, principal repayment at maturity is contingent: full principal is returned only if the final level is at or above the downside threshold; otherwise repayment falls in proportion to the underlying return and could result in total loss. Payments depend on UBS’s creditworthiness. Trade date is April 29, 2026 and settlement is May 1, 2026.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Dell Technologies Inc. The Notes pay periodic contingent coupons only if the underlying stock closes at or above a coupon barrier on observation dates and feature an automatic call if the underlying closes at or above the initial level on any observation date prior to the final valuation date. If not called, repayment of principal at maturity is contingent: if the final level is at or above the downside threshold, UBS will repay the $10 principal; if the final level is below that threshold, repayment is reduced proportionally to the underlying return, potentially causing substantial or total loss of principal. Payments and principal remain subject to UBS credit risk. Key dates include trade date April 29, 2026, final valuation date April 29, 2027, and maturity May 3, 2027.
UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of Alaska Air Group, Inc. The Notes pay periodic contingent coupons only if the closing level of the underlying equals or exceeds the coupon barrier on observation dates and may be automatically called early if the underlying equals or exceeds the initial level on any observation date. At maturity, if not called, principal repayment is contingent: full principal ($10 per Note) is paid only if the final level is at or above the downside threshold; if the final level is below that threshold, repayment may be reduced proportionally (minimum recovery could be zero). Trade Date is April 29, 2026, Settlement Date May 1, 2026, Final Valuation Date April 27, 2028, and Maturity Date May 1, 2028. The Notes have a minimum purchase of 100 Notes ($1,000) and an estimated initial value of $9.74 per Note. All payments depend on the creditworthiness of UBS.
UBS AG offers Trigger Autocallable Contingent Yield Notes linked to NVIDIA Corporation common stock due May 1, 2029. 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 quarterly after six months if the underlying closes at or above the initial level. If not called, principal is repaid at maturity only if the final level is at or above a downside threshold; otherwise repayment is reduced proportionally to the underlying return and full loss is possible. Payments are subject to UBS’s creditworthiness. Trade date is April 29, 2026 with settlement expected May 1, 2026, final valuation date April 27, 2029 and maturity May 1, 2029. The Notes are offered in minimum increments of 100 Notes at $10 per Note and are not listed on any exchange.
UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of Broadcom Inc. The preliminary pricing supplement dated April 29, 2026 describes notes that can pay periodic contingent coupons, may be automatically called early, and repay principal at maturity only if closing levels meet the stated thresholds.
The notes carry credit exposure to UBS AG, expose holders to downside market risk in the underlying equity (including possible loss of principal), and have key dates including trade date April 29, 2026, settlement May 1, 2026, final valuation date April 27, 2029, and maturity May 1, 2029.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Microsoft common stock due May 3, 2027. The Notes pay periodic contingent coupons only if the underlying stock closes at or above the coupon barrier on observation dates and will be automatically called early if the underlying closes at or above the initial level on any observation date prior to the final valuation date. If the Notes are not called and the final level is at or above the downside threshold, UBS will repay the principal amount at maturity; if the final level is below the downside threshold, principal repayment will be reduced in proportion to the underlying return and you could lose a significant portion or all of your investment. Payments, including any principal, are subject to UBS credit risk. The Notes have an estimated initial value of $9.76 per $10 Note and are offered in minimum increments of 100 Notes.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Amazon.com, Inc. The notes pay contingent coupons only if the underlying closing level meets a coupon barrier on observation dates and are automatically called early if the underlying equals or exceeds the initial level on any prior observation date. If not called, principal repayment at maturity depends on the final level versus a downside threshold; if the final level is below that threshold, holders suffer a loss equal to the underlying return and could lose their entire investment. The notes trade on April 29, 2026 with settlement on May 1, 2026; final valuation date is April 27, 2028 and maturity is May 1, 2028. Minimum investment is 100 notes ($1,000); the estimated initial value is $9.78 per note. Any payments depend on the creditworthiness of UBS.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Boston Scientific Corporation with a term of about one year. The trade date is April 29, 2026, settlement May 1, 2026, final valuation date April 29, 2027 and maturity May 3, 2027. Notes pay a contingent coupon only when the underlying closing level on an observation date meets or exceeds the coupon barrier and will be automatically called if the underlying closes at or above the initial level on any observation date prior to the final valuation date. If not autocalled, principal is contingent at maturity: if the final level is below the downside threshold you may suffer a loss equal to the underlying return, potentially losing all principal. Minimum investment is 100 Notes at $10 per Note. The estimated initial value range is $9.46–$9.71 per Note as of the trade date per UBS internal models.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Dell Technologies Inc. The notes mature on May 3, 2027 with a final valuation date of April 29, 2027. The notes pay a contingent coupon on scheduled coupon payment dates only if the closing level of the underlying meets or exceeds a coupon barrier on the related observation date; otherwise no coupon is paid for that period. The notes are automatically called early if the underlying closes at or above the initial level on any observation date prior to the final valuation date, in which case investors receive principal plus any contingent coupon then due. If the notes are not called and the final level is below the downside threshold, repayment at maturity may be less than principal, with losses equal to the percentage decline in the underlying and the potential to lose the entire investment. Payments, including principal repayment, are subject to UBS AG credit risk.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Alaska Air Group, Inc. with an expected maturity of May 1, 2028. The trade date is April 29, 2026 and expected settlement is May 1, 2026. Each Note has a principal amount of $10 and a minimum investment of 100 Notes (representing $1,000). The estimated initial value range on the trade date is between $9.42 and $9.67.
The Notes pay a periodic contingent coupon only if the closing level of the underlying stock on an observation date is equal to or above the coupon barrier. The Notes will be automatically called early if the closing level on an observation date prior to maturity is equal to or above the initial level; an automatic call triggers payment of principal plus any contingent coupon then due. If not called, principal is repaid at maturity only if the final level is equal to or above the downside threshold (example: 60% of the initial level). If the final level is below that threshold, the cash payment at maturity may be less than principal and could result in a substantial loss, including a total loss of principal.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Oracle Corporation, maturing May 1, 2029. The Notes pay contingent quarterly coupons only if the underlying closing level meets or exceeds a coupon barrier and may be automatically called quarterly beginning ~12 months after issue.
If not called, principal repayment at maturity is contingent: you receive $10 per Note if the final level is at or above the downside threshold; if below, repayment equals $10 × (1 + underlying return), exposing investors to the percentage decline in Oracle and possible loss of all principal. Payments depend on UBS creditworthiness. The estimated initial value was $9.68 and minimum purchase is 100 Notes.
UBS AG priced a preliminary offering for Trigger Autocallable Contingent Yield Notes linked to the common stock of NVIDIA Corporation, with final terms set on the trade date. The Notes mature on May 1, 2029 and feature quarterly observation dates, a contingent coupon payable only if the underlying meets the coupon barrier, and an automatic early-call feature beginning about six months after issue. Principal repayment at maturity is contingent: if the Notes are not called and the final level is below the downside threshold, repayment will be reduced pro rata to the underlying return, potentially resulting in a complete loss of principal. The offering shows a $10 principal per Note, an illustrative contingent coupon rate of 14.53% per annum (example contingent coupon $0.3633 per period), an estimated initial value range of $9.37 to $9.62, and key dates including trade date April 29, 2026, settlement May 1, 2026, final valuation April 27, 2029, and maturity May 1, 2029.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Marvell Technology, Inc. The notes mature on May 1, 2029 with a final valuation date of April 27, 2029. Investors may receive periodic contingent coupons only if the underlying closes at or above the coupon barrier on observation dates; otherwise no coupon is paid. The notes will be automatically called early if the underlying closes at or above the initial level on any prior observation date, in which case holders receive principal plus any contingent coupon due on the call settlement date. If not called, repayment of principal at maturity depends on whether the final level is at or above the downside threshold; if below, principal is reduced proportionally to the underlying return and investors could lose a significant portion or all principal. Minimum investment is 100 notes at $10 per note. The estimated initial value was $9.72 as of the trade date. All payments are subject to UBS credit risk.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Microsoft Corporation due on or about May 3, 2027. The Notes pay periodic contingent coupons only if the underlying stock meets a coupon barrier on observation dates, and are subject to an automatic call if the underlying equals or exceeds 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 may suffer a loss of principal equal to the underlying return. Trade date is April 29, 2026 with expected settlement May 1, 2026. The Notes are unsecured obligations of UBS and repayment depends on UBS creditworthiness. The estimated initial value range is $9.48 to $9.73 per $10 Note as of the trade date.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Amazon.com, Inc. stock due on or about May 1, 2028. The Notes pay a contingent coupon only if the underlying stock closes at or above a coupon barrier on observation dates and will be automatically called early if the stock closes at or above the initial level on any prior observation date. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; otherwise repayment at maturity will be reduced proportionally to the underlying return and could result in loss of your entire investment. Trade date is April 29, 2026 with expected settlement on May 1, 2026. The Notes have a $10 principal amount per Note and a minimum investment of 100 Notes. The estimated initial value range is $9.41 to $9.66 per Note and all payments depend on UBS’s creditworthiness.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Citigroup Inc. The Notes pay a contingent coupon on each coupon payment date only if the underlying closing level on the applicable observation date is at or above the coupon barrier and will be automatically called early if the underlying closes at or above the initial level on any observation date prior to the final valuation date. If not called and the final level is below the downside threshold, principal repayment at maturity is contingent and may be reduced pro rata to the underlying return, potentially resulting in a total loss of principal. Trade date is April 29, 2026, expected settlement May 1, 2026, final valuation date April 29, 2027, and maturity May 3, 2027. The Notes are offered at a minimum investment of 100 Notes at $10 per Note; the issuer’s estimated initial value is $9.76. Any payments, including repayment of principal, are subject to UBS credit risk.
UBS AG is offering $500,000 Trigger Autocallable Contingent Yield Notes linked to The Estée Lauder Companies Inc. common stock due May 1, 2029. The Notes pay periodic contingent coupons only if the underlying stock closes at or above the coupon barrier on observation dates and may be automatically called quarterly beginning ~12 months after issuance if the underlying closes at or above the initial level. If not called, principal repayment at maturity is contingent: if the final level is at or above the downside threshold, UBS pays the $10 principal; if below, repayment equals $10 x (1 + underlying return), exposing investors to the negative return on the underlying and possible loss of the entire investment. Payments depend on UBS creditworthiness. Trade date is April 29, 2026, settlement May 1, 2026, final valuation date April 27, 2029, and maturity May 1, 2029. The estimated initial value was $9.66 per Note; minimum purchase is 100 Notes ($1,000).
UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Micron Technology common stock due May 3, 2027. The notes pay periodic contingent coupons only if the underlying stock closes at or above the coupon barrier on observation dates; they are automatically called early if the underlying closes at or above the initial level on any quarterly observation date (beginning after six months). If not called, principal repayment at maturity is contingent: if the final level is at or above the downside threshold you receive the $10 principal; if below, repayment equals $10 x (1 + underlying return), exposing you to the underlying's negative return and possible total loss.
Trade date is April 29, 2026 with expected settlement May 1, 2026; final valuation April 29, 2027 and maturity May 3, 2027. Minimum investment is 100 Notes ($1,000). UBS reports an estimated initial value of $9.73 per $10 Note and gives a hypothetical contingent coupon rate of 27.33% per annum (contingent coupon $0.6833 per $10 Note). All payments are subject to UBS credit risk.
UBS AG is offering $500,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of ServiceNow, Inc. The Notes pay contingent quarterly coupons only if the underlying stock on an observation date is at or above a coupon barrier and are subject to automatic quarterly calls beginning after 12 months if the underlying closes at or above the initial level. If not called, principal repayment at maturity depends on the final level versus a downside threshold; a final level below that threshold exposes holders to a loss equal to the underlying return (potentially a total loss). Trade date is April 29, 2026, settlement May 1, 2026, final valuation date April 27, 2028 and maturity May 1, 2028. The Notes have an estimated initial value of $9.69 per $10 Note; actual payments remain subject to UBS credit risk.
UBS AG priced a preliminary offering for Trigger Autocallable Contingent Yield Notes linked to Oracle Corporation stock, with a trade date of April 29, 2026 and expected settlement on May 1, 2026. The notes mature on May 1, 2029 with a final valuation date of April 27, 2029.
The Notes pay a contingent coupon only when the underlying's closing level on an observation date meets or exceeds the coupon barrier and are automatically called if the underlying equals or exceeds the initial level on any quarterly observation date after year one. If not called, principal repayment at maturity is contingent: full principal is repaid only if the final level is at or above the downside threshold; otherwise investors suffer a loss equal to the underlying return, possibly losing the entire principal. Payments are subject to UBS credit risk.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Broadcom Inc. common stock due May 1, 2029. The notes pay periodic contingent coupons only if the underlying meets a coupon barrier on observation dates, can be automatically called quarterly if the underlying equals or exceeds the initial level, and repay principal at maturity only if the final level is at or above a downside threshold; otherwise principal is reduced in proportion to the underlying return. Payments are subject to UBS credit risk; estimated initial value was $9.66 per $10 note.
UBS AG priced a preliminary offering of Trigger Autocallable Contingent Yield Notes linked to the common stock of Marvell Technology, Inc. The Notes mature on May 1, 2029 with a final valuation date of April 27, 2029 and a trade date of April 29, 2026. Each Note has a principal amount of $10 and a minimum investment of 100 Notes ($1,000). The issuer will pay contingent coupons only if the underlying's closing level on an observation date is at or above the coupon barrier; Notes are automatically called if the underlying is at or above the initial level on any observation date prior to maturity. If not called and the final level is below the downside threshold, principal repayment at maturity will be reduced pro rata to the underlying return, potentially resulting in a total loss. The estimated initial value range on the trade date is $9.36–$9.61. All payments are subject to UBS's creditworthiness.
UBS AG priced a preliminary offering of Trigger Autocallable Contingent Yield Notes linked to the common stock of Citigroup Inc. The notes mature on May 3, 2027 with a final valuation date of April 29, 2027. Principal is $10 per note; estimated initial value is between $9.47 and $9.72 per note. The notes pay a contingent coupon on each coupon payment date only if the underlying closes at or above a coupon barrier; they will autocall 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 complete loss tied to the underlying return. All payments are subject to UBS credit risk.
UBS AG priced a preliminary offering of Trigger Autocallable Contingent Yield Notes linked to the common stock of The Estée Lauder Companies Inc. The securities have a $10 principal per note, trade date April 29, 2026, settlement May 1, 2026, final valuation date April 27, 2029, and maturity May 1, 2029. The Notes pay periodic contingent coupons only if observation-date closing levels meet the coupon barrier and may autocall quarterly beginning about 12 months after issuance if the underlying is at or above the initial level. If not called, principal repayment at maturity is contingent: full principal is returned only if the final level is at or above the downside threshold; otherwise principal is reduced pro rata to the underlying return and investors can lose a substantial portion or all of their investment. Estimated initial value on the trade date is between $9.29 and $9.54 per $10 note. These Notes are unsecured obligations of UBS and subject to UBS credit risk.
UBS AG prices a preliminary offering of Trigger Autocallable Contingent Yield Notes linked to the common stock of Micron Technology, Inc. The Notes pay periodic contingent coupons only if the underlying meets coupon barriers on observation dates and may be automatically called quarterly if the stock equals or exceeds the initial level.
If not called, principal is repaid at maturity only if the final level is at or above a downside threshold; otherwise investors incur a loss equal to the underlying return. Trade date is April 29, 2026; expected settlement May 1, 2026; final valuation date April 29, 2027; maturity May 3, 2027.
UBS AG priced Trigger Autocallable Contingent Yield Notes linked to Goldman Sachs common stock due May 3, 2027. The notes pay contingent coupons only if the underlying closing level meets the coupon barrier on observation dates and will autocall early if the underlying closes at or above the initial level on any prior observation date. If not autocalled and the final level is below the downside threshold, principal repayment at maturity is reduced pro rata to the underlying return, and investors could lose a significant portion or all of their investment. Payments, including principal, are subject to UBS credit risk.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of ServiceNow, Inc. The preliminary pricing supplement dated April 29, 2026 describes notes due on or about May 1, 2028 with quarterly observation dates (beginning ~12 months after the trade date) that can trigger an automatic early call.
The notes pay a contingent coupon on each coupon payment date only if the underlying closing level is at or above a coupon barrier; otherwise no coupon is paid. If not called, principal repayment at maturity is contingent on the final level relative to a downside threshold and could result in a loss of principal equal to the percentage decline in the underlying asset. The example terms show a $10 principal per note, an illustrative contingent coupon rate of 18.46% per annum, an estimated initial value range of $9.32–$9.57, and a downside threshold and coupon barrier of $60.00 (60.00% of the initial level).
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Broadcom Inc. The preliminary pricing supplement dated April 29, 2026 sets key dates: trade date April 29, 2026, settlement date May 1, 2026, final valuation date April 27, 2029, and maturity date May 1, 2029. The Notes pay periodic contingent coupons only if the underlying closing level meets a coupon barrier on observation dates; they autocall early if the underlying closes at or above the initial level on a scheduled observation date. If not called, principal repayment at maturity is contingent: full principal is repaid if the final level is at or above the downside threshold; if below, repayment equals $10 x (1 + Underlying Return), exposing investors to potential principal loss (including total loss). The estimated initial value range is $9.35 to $9.60 per $10 Note and minimum investment is 100 Notes ($1,000). All payments are subject to UBS credit risk.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to NVIDIA Corporation common stock maturing May 3, 2027. The Notes pay a contingent coupon only if the underlying closes at or above a coupon barrier on each observation date 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 repaid at maturity only if the final level is at or above the downside threshold; otherwise repayment equals $10 × (1 + Underlying Return), which can result in substantial loss or total loss of principal. Key terms: trade date April 29, 2026; settlement May 1, 2026; final valuation date April 29, 2027; maturity May 3, 2027; principal amount $10 per Note; minimum investment 100 Notes ($1,000). The estimated initial value is $9.76 and all payments are subject to UBS credit risk.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Micron Technology, Inc. The offering totals $780,000 and the Notes mature on May 1, 2029. The Notes pay periodic contingent coupons only if the underlying closing level meets or exceeds the coupon barrier on observation dates; they are automatically called early if the underlying meets or exceeds the initial level on any quarterly observation date after six months. 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; otherwise principal is reduced in proportion to the underlying return, and investors could lose a significant portion or all of their investment. Payments are subject to UBS credit risk. Trade date is April 29, 2026 with expected settlement on May 1, 2026. The estimated initial value per $10 Note was $9.71.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Intuit Inc. The notes pay periodic contingent coupons only if the underlying closing level on observation dates meets a coupon barrier and can be automatically called quarterly beginning after 12 months. At maturity on May 1, 2028, principal is repaid only if the final level is equal to or above the stated downside threshold; otherwise repayment is reduced in proportion to the underlying return and investors could lose a substantial portion or all of their investment. Payments, including principal, are subject to the creditworthiness of UBS. The offering shows an estimated initial value of $9.67 per Note, a minimum investment of 100 Notes (representing $1,000), and illustrative contingent coupon terms in the examples.
UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of Zscaler, 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 greater than the coupon barrier, and they are subject to automatic early redemption if the underlying closes at or above the initial level on any quarterly observation date beginning after six months. If not called, principal repayment at maturity depends on the final level relative to a downside threshold; a final level below the downside threshold results in a cash payment that declines in direct proportion to the underlying return and could result in a total loss of principal. The Notes mature on May 1, 2028, have an estimated initial value of $9.76 per $10 Note, a minimum investment of 100 Notes ($1,000), and payments are subject to UBS credit risk.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Ciena Corporation due May 3, 2027. The notes pay periodic contingent coupons only if the underlying closes at or above the coupon barrier on observation dates and will be automatically called early if the underlying closes at or above the initial level on any prior observation date. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; if the final level is below that threshold, repayment may be reduced proportionally, and investors could lose a significant portion or all of their investment. Trade date is April 29, 2026, settlement May 1, 2026, final valuation date April 29, 2027, and maturity May 3, 2027. The estimated initial value per $10 Note is $9.23 and minimum investment is 100 Notes ($1,000).
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Netflix, Inc. The Notes pay contingent coupons only if the underlying meets a coupon barrier on observation dates and may be automatically called early if the underlying meets or exceeds the initial level.
If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; otherwise redemption at maturity declines in direct proportion to the underlying return and you can lose a significant portion or all of your investment. All payments are subject to UBS credit risk.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of The Goldman Sachs Group, Inc. The preliminary pricing supplement dated April 29, 2026 sets key dates: trade date April 29, 2026, settlement May 1, 2026, final valuation date April 29, 2027, and maturity May 3, 2027.
The Notes have a principal amount of $10 per Note and a minimum purchase of 100 Notes ($1,000). Investors may receive periodic contingent coupons only when the underlying closing level meets or exceeds a coupon barrier; an automatic call will redeem Notes early if the underlying closes at or above the initial level on an observation date. At maturity, if not called and the final level is below the downside threshold, repayment may be reduced pro rata to the underlying return, possibly causing a substantial or total loss of principal. The estimated initial value range on the trade date is $9.46 to $9.71.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of NVIDIA Corporation, with a trade date of April 29, 2026, expected settlement on May 1, 2026, a final valuation date of April 29, 2027 and maturity on May 3, 2027. The Notes pay periodic contingent coupons only if the underlying's closing level on an observation date is at or above a coupon barrier; they are automatically called early if the underlying closes at or above the initial level on any observation date prior to the final valuation date.
The Notes repay principal at maturity only if the final level is at or above the downside threshold; if the final level is below that threshold, repayment is reduced proportionally to the underlying return, and investors could lose a significant portion or all of their investment. The example terms show a $10 principal per Note, an illustrative contingent coupon rate of 14.27% per annum (contingent coupon $0.3568), an estimated initial value range of $9.48 to $9.73, and a minimum purchase of 100 Notes ($1,000). All payments are subject to UBS credit risk.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Workday, Inc. common stock due May 1, 2028. The notes pay contingent quarterly coupons only if the underlying closing level meets the coupon barrier and are automatically called if the underlying closes at or above the initial level on any quarterly observation (beginning after 12 months). If not called, principal repayment at maturity is contingent: if the final level is at or above the downside threshold you receive $10 per note; if below, repayment equals $10 x (1 + underlying return), exposing investors to the underlying’s downside (in extreme cases, a total loss). Payments are subject to UBS credit risk. Trade date and settlement expectations are April 29, 2026 and May 1, 2026; final valuation date is April 27, 2028 and maturity is May 1, 2028. The estimated initial value is $9.74 per note and the offering minimum is 100 notes at $10 per note.