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

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of First Solar, Inc. The preliminary pricing supplement sets a trade date of July 9, 2026 with expected settlement on July 13, 2026 and maturity on July 13, 2029.

The Notes pay periodic contingent coupons only if the underlying closing level on an observation date meets or exceeds a coupon barrier; they will be automatically called if the underlying closing level on any observation date prior to maturity is equal to or greater than the initial level. If not called, principal repayment at maturity is contingent: full principal is paid if the final level is at or above the downside threshold; if below, repayment falls in proportion to the underlying return and could result in substantial loss, including loss of all principal. Payments are subject to UBS credit risk. The offering lists a principal amount per Note of $10 and an estimated initial value range of $9.35 to $9.60 per Note.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Vistra Corp. common stock due July 13, 2027. The Notes pay contingent coupons only when the underlying closing level on observation dates meets or exceeds a coupon barrier and are automatically called early if an observation date closing is 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 you receive the principal; if the final level is below the downside threshold you receive a reduced cash payment that declines in direct proportion to the underlying return and you could lose all of your investment. All payments are subject to UBS's creditworthiness. The offering minimum is 100 Notes at $10 per Note and the estimated initial value on the trade date was $9.80.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Caterpillar Inc. The notes pay a contingent coupon only when the underlying meets the coupon barrier on observation dates and are automatically callable if the underlying reaches or exceeds the initial level on any quarterly observation date beginning after six months. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; otherwise repayment is reduced proportionally to the underlying return, potentially resulting in a total loss. Trade date and settlement are shown as July 9, 2026 and July 13, 2026, with final valuation and maturity in July 2029. The estimated initial value per note is between $9.38 and $9.63, and the minimum investment is 100 notes ($1,000).

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of Vistra Corp. with a term of approximately one year, maturing on July 13, 2027. The notes pay contingent coupons only if observation-date closing levels meet the coupon barrier and may be automatically called if an observation-date closing level is at or above the initial level. If not called and the final level is below the downside threshold, principal repayment at maturity is contingent and may result in a loss equal to the underlying return; in extreme cases you could lose all of your initial investment. The notes have a principal amount of $10 per note and a minimum purchase of 100 notes. The estimated initial value on the trade date is between $9.46 and $9.71, and all payments are subject to UBS's creditworthiness.

UBS AG is offering $650,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of Eli Lilly and Company due January 13, 2028. The Notes pay contingent coupons only if the underlying stock closes at or above a coupon barrier on observation dates and will be automatically called early if the underlying closes at or above the initial level on any observation date. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; otherwise repayment will decline in proportion to the underlying return and principal loss, potentially to zero. Key dates: trade date July 9, 2026, settlement July 13, 2026, final valuation January 11, 2028, maturity January 13, 2028. The estimated initial value per Note is $9.82; each Note has a $10 principal amount and a minimum purchase of 100 Notes.

UBS AG priced a preliminary offering of Trigger Autocallable Contingent Yield Notes linked to the common stock of Eli Lilly and Company, due on or about January 13, 2028. 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 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: if the final level is at or above the downside threshold, UBS will pay the principal amount; if below, repayment will equal $10 x (1 + Underlying Return), which can produce a substantial loss or the total loss of principal. Trade date is July 9, 2026 with expected settlement on July 13, 2026. The example terms show a principal of $10, a contingent coupon rate of 9.70% per annum (contingent coupon of $0.2425 per observation) and an estimated initial value range of $9.44 to $9.69. Any payments depend on UBS's creditworthiness.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100® Technology Sector, the Russell 2000® Index and the S&P 500® Index with a maturity of May 30, 2028. The notes pay a fixed 8.50% per annum contingent coupon on each coupon payment date only if each underlying asset's closing level is at or above its coupon barrier on the related observation date. UBS may call the notes in whole on any monthly observation date beginning after 3 months; if called you receive principal plus any contingent coupon due on the call settlement date. If not called, principal is repaid at maturity only if each underlying asset's final level is at or above its downside threshold; otherwise repayment equals $1,000 × (1 + underlying return of the least performing underlying asset), which can result in a substantial loss or total loss of principal. Trade date is June 25, 2026, settlement June 30, 2026. Issue price to public is $961,000 aggregate (per Note $1,000); estimated initial value per Note is $969.30.

UBS AG priced a preliminary pricing supplement for Trigger Autocallable Contingent Yield Notes linked to the common stock of Amazon.com, Inc. The Notes have a 10.00% per annum contingent coupon, quarterly observation dates (callable after six months), a final valuation date of July 10, 2029 and maturity on July 13, 2029. If an observation date closing level is at or above the call threshold (100% of the initial level), UBS will automatically call the Notes and pay principal plus any contingent coupon; otherwise repayment at maturity is contingent and may expose holders to the full downside of the underlying asset if the final level is below the downside threshold (50% of the initial level). The estimated initial value range as of the trade date is $942.60 to $972.60 per $1,000 Note and the issue price per Note is $1,000.00, with an underwriting discount of $23.50 per Note.

UBS AG London Branch is offering capped, leveraged, basket-linked medium-term notes tied to an unequally-weighted basket of five indices (EURO STOXX 50, TOPIX, FTSE 100, Swiss Market Index and S&P/ASX 200). Each note has a $1,000 face amount and a term expected to be between 25 and 28 months. The notes pay no interest; final cash settlement depends on the basket return from an initial basket level of 100 to the final basket level on the determination date. Investors receive 300.00% of any positive basket return up to a cap level expected between 111.99% and 114.10%, with a maximum settlement amount expected between $1,359.70 and $1,423.00 per $1,000 face amount. If the basket return is negative, holders lose 1% of face amount for each 1% negative return and may lose their entire investment. The estimated initial value is expected to be between $965.50 and $995.50 per $1,000 face amount; the issue price will exceed that estimated value.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the least performing of the Nasdaq-100® Technology Sector (NDXT) and the VanEck® Semiconductor ETF (SMH). The offering totals $1,953,000 at an issue price of $1,000 per Note with an estimated initial value of $959.20. The Notes pay a 13.85% per annum contingent coupon only if the closing level of each underlying asset meets its coupon barrier on an observation date, are callable monthly after approximately six months if both underlyings meet their call thresholds, and at maturity return principal only if both underlyings are at or above their downside thresholds (each 50.00% of initial level). Payments are subject to UBS credit risk and the Notes are not exchange-listed.

UBS AG offers Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100® Technology Sector and the Russell 2000® Index. The Notes pay a fixed contingent coupon of 11.00% per annum on an observation date only if each underlying asset closes at or above its coupon barrier; otherwise no coupon is payable. UBS may call the Notes in whole on monthly observation dates beginning after 12 months; if called you receive principal plus any contingent coupon otherwise due. If not called, at maturity the principal is repaid in full only if each final level is at or above its 60.00% downside threshold; otherwise repayment declines in proportion to the negative return of the least performing underlying asset. Trade date and settlement are expected on July 17, 2026 and July 22, 2026; final valuation and maturity are linked to July 17, 2029 and July 20, 2029. Payments depend on UBS creditworthiness and there may be little or no secondary market. The estimated initial value range is $955.80–$985.80, and the issue price includes underwriting, hedging and issuance costs.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Dow Jones Industrial Average®, the Nasdaq-100 Index® and the Russell 2000® Index, due on or about July 18, 2030. The notes pay a contingent coupon of 11.87% per annum only when each underlying closes at or above its coupon barrier on an observation date. UBS may call the notes monthly beginning after three months; if called you receive principal plus any contingent coupon then due. If not called and the final level of any underlying asset is below its downside threshold (60.00% of initial level), principal is reduced proportionally to the worst-performing underlying asset, potentially resulting in total loss. The issue price is $1,000.00 per note; estimated initial value is stated as $960.80 to $990.80 per note. All payments depend on UBS' creditworthiness.

UBS AG is offering Trigger Autocallable Notes linked to the least performing of the Nasdaq-100, Russell 2000 and EURO STOXX 50. The offering totals $1,172,000 and each Note has a principal amount of $1,000. Observation dates are annual with a final valuation date on July 8, 2031 and maturity on July 11, 2031. The Notes are automatically called if each underlying index on an observation date is at or above its call threshold; the advertised call return rate is 14.50% per annum and call prices range from $1,145 (first call) up to $1,725 (final valuation). If not called and any final level is below its downside threshold (70% of initial level), payment at maturity is reduced pro rata by the decline of the least performing underlying asset, potentially resulting in a total loss. Payments are unsecured obligations of UBS and depend on UBS creditworthiness. The estimated initial value per Note as of the trade date is $953.10, below the issue price.

UBS AG offers $300,000 of Trigger Autocallable Contingent Yield Notes due July 11, 2031. The Notes pay a 10.15% per annum contingent coupon only if on an observation date the closing level of each underlying asset equals or exceeds its coupon barrier and are automatically called if each underlying equals or exceeds its call threshold on a monthly observation (callable after 12 months).

If not called, principal is repaid at maturity only if each underlying closes at or above its downside threshold (each downside threshold = 60.00% of initial level); otherwise repayment at maturity declines in proportion to the least performing underlying asset, and investors may lose a significant portion or all principal. All payments are subject to UBS credit risk. The estimated initial value per Note on the trade date was $944.40.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Russell 2000® Index, the Nasdaq-100® Technology Sector and shares of the State Street® Consumer Staples Select Sector SPDR® ETF. The Notes pay a contingent coupon only when each underlying asset meets its coupon barrier on an observation date, are callable monthly by UBS beginning after six months, and mature on or about July 22, 2031.

The issue price per Note is $1,000.00; the estimated initial value range is $964.60 to $994.60. If UBS does not call the Notes and the final level of any underlying asset is below its downside threshold, repayment at maturity will be reduced and could result in a significant loss or total loss of principal.

UBS AG London Branch is offering capped, leveraged, buffered S&P 500® Index‑linked medium‑term notes with a face amount of $1,000 per note. The notes mature in a term expected to be between 16 and 18 months and do not bear interest. The notes provide 140.00% upside participation on positive S&P 500 returns subject to a cap level expected to be between 112.04% and 114.16% of the initial underlier level and a maximum settlement amount expected to be between $1,168.56 and $1,198.24 per $1,000. Downside protection is a 10.00% buffer (buffer level = 90.00% of the initial level) after which losses accrue at approximately 1.1111% of face amount per 1% decline below the buffer. The estimated initial value range on the trade date is expected to be $967.00 to $997.00 per $1,000. Payments at maturity are cash‑settled based on the S&P 500 closing level on the determination date; the notes are unsecured obligations of UBS and carry UBS credit risk.

UBS AG offers Trigger Callable Contingent Yield Notes linked to the least performing of the Dow Jones Industrial Average, Nasdaq-100 and Russell 2000. Each Note has a principal amount of $1,000, a contingent coupon rate of 10.35% per annum, a trade date of July 17, 2026, expected settlement on July 22, 2026, and a maturity date of July 22, 2030.

Holders may receive periodic contingent coupons only if each underlying closes at or above its coupon barrier on observation dates; UBS may call the Notes in whole (beginning after 12 months). If not called, principal repayment at maturity is contingent: if the final level of any underlying is below its downside threshold, repayment will be reduced proportionally to the percentage decline of the least performing underlying asset, potentially causing a substantial or total loss. All payments are subject to UBS credit risk.

UBS AG is offering Callable Contingent Interest Barrier Notes linked to the least performing of the Russell 2000® Index and the S&P 500® Index. The Notes pay a fixed contingent coupon of $7.75 per Note on any interest payment date only if each underlying closes at or above its interest barrier on the related observation date. UBS may call the Notes on monthly observation dates; if not called, repayment at maturity is $1,000 per Note only if both final levels are at or above their trigger levels, otherwise principal is reduced pro rata to the negative return of the least performing underlying asset. The issue price is $1,000 per Note (minimum 10 Notes); the estimated initial value is $991.90. Payments are subject to UBS credit risk.

UBS AG is offering Trigger Autocallable GEARS linked to General Motors Company common stock with a principal amount of $10 per Security and an expected term of approximately three years. The securities pay no interest, can be automatically called on an July 26, 2027 observation date for a 21.00% call return (call price $12.10), and mature on or about July 19, 2029. Payments at maturity depend on the underlying return multiplied by an upside gearing (set between 1.50 and 1.70) and a downside threshold equal to 75.00% of the initial level; if the final level is below that threshold, investors can suffer losses up to 100% of principal. Estimated initial value range is $9.421 to $9.721 per Security and the issue price is $10.00 per Security; proceeds to UBS per Security are $9.75. The securities are unsecured obligations of UBS and repayment is subject to UBS credit risk.

The issuer, UBS AG, is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Dow Jones Industrial Average, the Russell 2000 and the S&P 500. Each Note has a principal amount of $1,000, a contingent coupon payable only if all three underlying assets meet coupon barriers on an observation date, an issuer call feature (callable in whole beginning ~6 months after issue) and contingent principal repayment at maturity tied to the least performing underlying asset. Key economic terms shown: contingent coupon rate 10.45% per annum, coupon barriers equal to 75.00% of initial levels and downside thresholds equal to 65.00% of initial levels. Trade, settlement and maturity anchors include Trade Date: July 17, 2026, Settlement Date: July 22, 2026 and Maturity Date: July 22, 2031. The estimated initial value range is $960.20 to $990.20, and payments (coupons or principal) are subject to UBS credit risk. The Notes are not listed and may have little or no secondary market.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100® Technology Sector and the Russell 2000® Index, with a scheduled maturity of June 21, 2028. Each Note has a principal amount of $1,000, a contingent coupon rate shown here as 13.65% per annum, monthly observation dates (callable after three months) and an estimated initial value range of $958.60 to $988.60.

The Notes pay a contingent coupon on a coupon payment date only if the closing level of each underlying asset is at or above its coupon barrier on the related observation date. UBS may call the Notes in whole on any observation date (beginning after three months). If not called, principal repayment at maturity is contingent: if the final level of any underlying asset is below its downside threshold (specified as 70.00% of its Initial Level on the cover), the holder will receive an amount that reflects the negative return of the least performing underlying asset and could lose a significant portion or all of the investment. All payments are subject to UBS credit risk and secondary-market liquidity may be limited.

UBS AG offers Airbag Callable Contingent Yield Notes linked to the least performing of three mining ETFs. The Notes pay a contingent coupon of 29.50% per annum on an observation date only if each ETF meets its coupon barrier. The Notes are issuer-callable after ~4 months and mature on January 13, 2027. At maturity, principal repayment is contingent: if any underlying ETF is below its downside threshold (82.50% of initial level), repayment is reduced with downside leverage of approximately 1.2121, and investors can lose some or all principal. Estimated initial value range is $954.70–$984.70 and the issue price is $1,000 per Note. All payments depend on UBS creditworthiness.

UBS AG offers preliminary terms for Trigger Autocallable Contingent Yield Notes linked to the common stock of Broadcom Inc., The Home Depot, Inc., and Johnson Controls International plc due on or about July 13, 2029. Each Note has a $10 principal amount, a quarterly observation schedule, an automatic call feature (callable beginning after six months) and contingent coupons payable only if the underlying closing level on an observation date meets the coupon barrier. If not called, repayment at maturity depends on the final level relative to the downside threshold and could result in a partial or total loss of principal. The preliminary trade date and settlement date are July 10, 2026 and July 15, 2026, respectively. The issue price is $10.00 per Note with an underwriting discount of $0.20 per Note; estimated initial values are shown as ranges on the cover and will be finalized on the trade date.

UBS AG offers Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500. The Notes have a principal amount of $1,000 per Note, a contingent coupon rate of 12.75% per annum (payable only if each underlying asset meets its coupon barrier on an observation date), a trade date of July 15, 2026, and a stated maturity of October 19, 2028. The Notes are issuer-callable beginning after three months on monthly observation dates; if not called, repayment at maturity is contingent on the least performing underlying asset relative to a 70.00% downside threshold, which can result in substantial principal loss, including total loss. The estimated initial value range is $961.20 to $991.20 per Note and the underwriting discount is $4.00 per Note.

UBS AG offers Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500. The offering is for $1,755,000 in aggregate at an issue price of $1,000 per Note. The Notes pay a monthly contingent coupon at a 10.15% per annum rate if, on each observation date, every underlying index is at or above its coupon barrier; otherwise no coupon is paid. UBS may call the Notes on monthly observation dates beginning after three months. If not called, maturity depends on the final valuation: full principal is repaid only if each index is at or above its downside threshold; otherwise repayment is reduced in line with the percentage decline of the least performing index. The estimated initial value per Note on the trade date was $989.00. Final valuation date is January 10, 2028 and maturity is January 13, 2028. The Notes are unsecured obligations of UBS and subject to UBS credit risk and to limited secondary market liquidity.

UBS AG is offering Phoenix Autocallable Notes with Memory Interest linked to the common stock of Block, Inc. The notes have a $1,000 principal amount per note and a $10,000 minimum investment (10 notes). Expected trade and settlement dates are July 10, 2026 and July 15, 2026. The notes pay contingent interest (each payment at least $37.50 per note if conditions are met), are automatically callable on quarterly observation dates if the underlying closes at or above the initial price, and mature on July 28, 2027. If not called and the final price is below the trigger (equal to 50.00% of the initial price), holders receive a cash equivalent tied to the underlying rather than guaranteed principal. The estimated initial value range is $954.20 to $984.20.

UBS AG offers Autocallable Notes linked to an unequally weighted basket of five equity indices with an expected ~3-year term. The Notes pay a fixed call return rate of 13.10% per annum if the basket closing level meets or exceeds the call threshold on any annual observation date; call prices assuming a 13.10% rate are $11.31, $12.62 and $13.93 on the three potential call settlement dates. If the Notes are not called, the maturity payment equals $10 × (1 + Basket Return), exposing holders to full downside market risk (in extreme cases, loss of the entire principal). The issue price is $10.00 per Note (minimum investment 100 Notes = $1,000) and UBS discloses an estimated initial value range of $9.411 to $9.711 per Note determined by its internal pricing models. All payments are unsecured obligations of UBS and depend on UBS’ creditworthiness.

UBS AG is offering $400,000 of Trigger Autocallable Contingent Yield Notes linked to shares of the United States Oil Fund, LP due January 6, 2028. The Notes pay a contingent coupon only when the underlying ETF's closing level on an observation date meets or exceeds a coupon barrier; they autocall early if the underlying meets the call threshold. At maturity, if not called and the final level is below the downside threshold, principal repayment is reduced pro rata to the ETF's decline, possibly resulting in complete loss. The Notes are unsecured obligations of UBS and subject to UBS credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Advanced Micro Devices, Inc. common stock due July 10, 2028. The Notes pay periodic contingent coupons only if the underlying's closing level meets or exceeds a coupon barrier on observation dates and may be automatically called early if the underlying reaches the initial level on any observation date prior to final valuation. If not called, principal repayment at maturity is contingent: full principal is returned only if the final level is at or above the downside threshold; if below, principal is reduced pro rata to the underlying return, potentially resulting in loss of most or all principal. Payments are unsecured obligations of UBS and subject to UBS credit risk. Trade date is July 8, 2026 with settlement on July 10, 2026.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Oracle Corporation common stock due July 10, 2028. 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 observation date prior to the final valuation date. At maturity, if not called, principal is repaid only if the final level is at or above the downside threshold; otherwise repayment is reduced pro rata to the underlying return and you can lose a significant portion or all of your investment. Minimum purchase is 100 Notes at $10 per Note. The estimated initial value is $9.79 and any payment depends on UBS creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Advanced Micro Devices, Inc., due on or about July 10, 2028. The trade date is July 8, 2026 with settlement on July 10, 2026 and final valuation on July 6, 2028. The Notes pay periodic contingent coupons only if the underlying closes at or above a coupon barrier on observation dates and are automatically called if the underlying closes 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 is reduced pro rata to the underlying return, and you could lose a significant portion or all of your investment. Minimum purchase is 100 Notes ($1,000). The estimated initial value range on the trade date is $9.44 to $9.69 per $10 Note.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Caterpillar Inc. due July 10, 2029. The Notes pay quarterly contingent coupons only if the underlying closing level on an observation date meets or exceeds a coupon barrier. The Notes will be automatically called early if the underlying closing level on any quarterly observation date (beginning after six months) is equal to or greater than the initial level; in that case you receive principal plus any contingent coupon on the call settlement date. If not called, principal repayment at maturity is contingent: if the final level is at or above the downside threshold you receive the principal; if below, you suffer a loss equal to the underlying return and could lose your entire investment. All payments are subject to UBS credit risk. Trade date is July 8, 2026, settlement July 10, 2026, final valuation date July 6, 2029, maturity July 10, 2029. The estimated initial value per Note on the trade date is $9.68. 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 Oracle Corporation due on or about July 10, 2028. The Notes pay periodic contingent coupons only if the underlying closing level meets a coupon barrier on observation dates and may be automatically called early if the underlying closes at or above the initial level on an observation date. The Notes repay principal at maturity only if the final level is at or above a downside threshold; otherwise principal is reduced pro rata with the underlying return, and investors could lose a significant portion or all of their investment. The offering sets a minimum investment of 100 Notes at $10 per Note, with an estimated initial value range of $9.42 to $9.67 as of the trade date. Key dates include Trade Date July 8, 2026, Settlement Date July 10, 2026, Final Valuation Date July 6, 2028, and Maturity Date July 10, 2028.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Vistra Corp. stock due July 12, 2027. The Notes pay periodic contingent coupons only if the underlying stock meets a coupon barrier on observation dates and may be automatically called early if the stock equals or exceeds the initial level on an observation date. At maturity, if not called, principal is repaid in full only if the final level is at or above the downside threshold; if below, repayment is reduced by the percentage decline in the underlying, potentially resulting in a complete loss of principal. All payments depend on UBS creditworthiness. Trade date is July 8, 2026, settlement July 10, 2026, final valuation date July 8, 2027, and maturity July 12, 2027. The estimated initial value as of the trade date is $9.77 per $10 Note.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Microsoft Corporation, maturing on July 12, 2027. The Notes pay contingent coupons only if the underlying closing level on observation dates meets the coupon barrier and will be automatically called early if the closing level on any observation date meets or exceeds the initial level. If not called, principal repayment at maturity is contingent: if the final level is at or above the downside threshold you receive the $10 principal per Note; if below that threshold you suffer a loss equal to the percentage decline in the underlying, potentially losing your entire investment. Payments are subject to UBS credit risk. Trade and settlement dates are July 8, 2026 and July 10, 2026, respectively. The Notes are offered in $10 increments (minimum $1,000) and had an estimated initial value of $9.79 per Note as of the trade date.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Broadcom Inc. common stock due July 10, 2029. The Notes pay periodic contingent coupons only if the underlying stock closes at or above a coupon barrier on observation dates and may be automatically called quarterly after six months if the stock meets or exceeds the initial level.

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 falls proportionally to the underlying return and you could lose a significant portion or all principal. All payments depend on UBS creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Caterpillar Inc. The preliminary pricing supplement dated July 08, 2026 sets key dates: trade date July 8, 2026, expected settlement July 10, 2026, final valuation date July 6, 2029 and maturity July 10, 2029.

The Notes pay contingent periodic coupons only if the underlying closing level on each observation date meets or exceeds a coupon barrier, are subject to quarterly automatic calls beginning ~6 months after issuance if the underlying closes at or above the initial level, and repay principal at maturity only if the final level is at or above the downside threshold; otherwise investors may suffer a loss equal to the underlying decline. Payments are unsecured obligations of UBS and depend on UBS creditworthiness. Minimum purchase is 100 Notes ($1,000); estimated initial value range is $9.38–$9.63 per $10 Note.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Vistra Corp. The preliminary pricing supplement dated July 08, 2026 sets a trade date of July 8, 2026, settlement on July 10, 2026, a final valuation date of July 8, 2027, and a maturity date of July 12, 2027. The Notes pay contingent periodic coupons only if the underlying closing level meets or exceeds a coupon barrier on observation dates and are subject to automatic early calling if the underlying equals or exceeds the initial level on any observation date prior to the final valuation date. Principal repayment at maturity is contingent: if the final level is below the downside threshold you may suffer a loss equal to the underlying return, including the potential to lose your full principal. The Notes are unsecured obligations of UBS and any payment is subject to UBS credit risk. Minimum investment is 100 Notes at $10 per Note.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Applied Materials, Inc. The notes pay contingent coupons only when the underlying closing level meets or exceeds a coupon barrier on observation dates and may be automatically called if the underlying equals or exceeds the initial level on any observation 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 will be reduced proportionally to the underlying return and you could lose all of your investment. Key dates include Trade Date: July 8, 2026, Settlement Date: July 10, 2026, Final Valuation Date: July 6, 2028 and Maturity Date: July 10, 2028. The notes have a minimum purchase of 100 Notes at $10 per Note, an estimated initial value of $9.80 per Note, and payments are subject to UBS credit risk.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of the referenced issuer, maturing July 10, 2028. The Notes pay periodic contingent coupons only if the underlying closing level on observation dates meets a coupon barrier, and are automatically called if the underlying equals or exceeds the initial level on any observation date prior to maturity. If not called, repayment of principal at maturity is contingent: if the final level is below the downside threshold you may receive less than the principal amount, potentially losing a significant portion or all of your investment. The Notes are unsecured obligations of UBS and any payment depends on UBS’s creditworthiness. Trade and settlement occur in July 2026 and the estimated initial value per Note is $9.78.

UBS AG is offering preliminary Trigger Autocallable Contingent Yield Notes linked to the common stock of Microsoft Corporation, maturing on or about July 12, 2027. The Notes pay periodic contingent coupons only if the underlying closing level meets or exceeds a coupon barrier on observation dates; otherwise no coupon is paid.

The Notes have an automatic call feature: if the underlying's closing level on any observation date prior to the final valuation date is equal to or above the initial level, UBS will redeem the Notes early and pay principal plus any contingent coupon due. If not called, principal repayment at maturity is contingent: if the final level is at or above the disclosed downside threshold, UBS will repay the $10 principal per Note; if the final level is below that threshold, repayment may be less, exposing investors to the underlying's downside and potential loss of all principal. Trade and expected settlement dates are July 8, 2026 and July 10, 2026, respectively.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Broadcom Inc. with a term of approximately three years. The Notes pay periodic contingent coupons only if the underlying's closing level meets a coupon barrier on observation dates and are automatically called early if the underlying meets or exceeds the initial level on any quarterly observation date (beginning after six months). 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 underlying return, potentially causing total loss. Payments depend on UBS's creditworthiness. Trade date and settlement, final valuation date and maturity are specified in the supplement and final terms will be set on the trade date.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Applied Materials, Inc. common stock due on or about July 10, 2028. The preliminary pricing supplement sets key dates: trade date July 8, 2026, settlement date July 10, 2026, final valuation date July 6, 2028.

The Notes pay periodic contingent coupons only if the underlying's closing level meets or exceeds a coupon barrier on observation dates; they are automatically called early if the underlying equals or exceeds the initial level on an observation date. If not called, principal repayment at maturity is contingent: full principal is paid if the final level is at or above the disclosed downside threshold; if below, repayment is reduced proportionally to the underlying return, with potential loss of principal. The Notes are unsecured obligations of UBS and subject to UBS credit risk. Minimum investment is 100 Notes at $1,000; the estimated initial value range is $9.42 to $9.67 per Note.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Constellation Energy Corporation due July 12, 2027. The Notes pay a contingent coupon on coupon dates only if the underlying's closing level on an observation date is at or above the coupon barrier; otherwise no coupon is paid.

The Notes are subject to an automatic call if the underlying's closing level on any observation date prior to the final valuation date is equal to or above the initial level, in which case UBS will pay the principal amount plus any contingent coupon on the related call settlement date and no further payments will be due. If not called, repayment at maturity depends on the final level relative to the downside threshold: if the final level is below that threshold, holders suffer a loss equal to the underlying return and could lose all principal. Trade date is July 8, 2026, settlement July 10, 2026, final valuation date July 8, 2027, and maturity July 12, 2027. The Notes are sold in $10 increments with a minimum purchase of 100 Notes ($1,000); the estimated initial value per Note is $9.78. All payments are subject to UBS's creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of the underlying company, maturing on or about July 10, 2028. The Notes pay periodic contingent coupons only if the underlying's closing level meets or exceeds a coupon barrier on observation dates and may be automatically called early if the underlying meets the initial level on any observation date prior to maturity. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; otherwise principal repayment is reduced pro rata to the underlying decline, and investors could lose a substantial portion or all of their investment. The offering sets a minimum purchase of $1,000 (100 Notes) and estimates an initial value range of $9.40–$9.65 per Note as of the trade date. Key dates: trade date July 8, 2026, expected settlement July 10, 2026, final valuation date July 6, 2028, maturity July 10, 2028. All payments are subject to UBS AG's credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Constellation Energy Corporation. The preliminary pricing supplement shows a trade date of July 8, 2026, expected settlement on July 10, 2026, a final valuation date of July 8, 2027 and expected maturity on July 12, 2027. The Notes pay a contingent coupon only if the underlying closes at or above a coupon barrier on observation dates, feature an automatic call if the underlying closes at or above the initial level on an observation date, and repay principal at maturity only if the final level is at or above a downside threshold; otherwise principal is reduced proportionally to the underlying return. The offering lists a $10 principal amount per Note, a hypothetical contingent coupon rate of 14.69% per annum and an estimated initial value range of $9.52 to $9.77 per Note. The supplement emphasizes significant market and issuer credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Pfizer Inc. common stock maturing on July 10, 2029. The Notes pay periodic contingent coupons only if the underlying closing level meets the coupon barrier on observation dates and may be automatically called quarterly beginning ~6 months after issuance. If not called, principal repayment at maturity is contingent: if the final level is below the downside threshold the holder suffers a loss equal to the underlying return and could lose all principal. Payments and principal are subject to UBS credit risk. The estimated initial value is $9.59 per Note and the Notes are sold in $10 principal increments.

UBS AG is offering $610,000 of Trigger Autocallable Contingent Yield Notes linked to Lam Research common stock due July 10, 2028. The Notes pay contingent coupons only if the underlying stock closes at or above the coupon barrier on observation dates and may be automatically called early if the underlying closes at or above the initial level on an observation date. If not called and the final level is below the downside threshold, principal repayment at maturity is reduced pro rata to the underlying return; in extreme cases you could lose your entire investment. Payments, including repayment of principal, are subject to UBS creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Pfizer Inc. The Notes have a $10 principal amount per Note, a trade date of July 8, 2026, expected settlement on July 10, 2026, and a stated maturity on July 10, 2029.

The Notes pay periodic contingent coupons only when the underlying stock closes at or above a coupon barrier on observation dates; they may be automatically called quarterly if the underlying closes at or above the initial level. If not called, principal repayment at maturity is contingent: full principal is paid only if the final level is at or above the downside threshold; otherwise repayment is reduced in proportion to the underlying return, and investors could lose a substantial portion or all of invested principal. The preliminary pricing supplement states an estimated initial value range of $9.21–$9.46 per Note and provides illustrative coupon and threshold figures.