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 Newmont Corporation, with a trade date of April 22, 2026, expected settlement on April 24, 2026 and maturity on April 24, 2028. The Notes pay periodic contingent coupons only if the underlying stock closes at or above a coupon barrier on observation dates and may be automatically called early if the underlying equals or exceeds the initial level on an observation date.
If not auto-called, principal repayment at maturity is contingent: full principal is paid if the final level is at or above a downside threshold; if below that threshold, repayment is reduced pro rata to the underlying's decline, potentially causing significant or total loss. Payments remain subject to UBS credit risk. The document is a preliminary pricing supplement and final terms will be set on the trade date.
UBS AG priced Trigger Autocallable Contingent Yield Notes linked to Alaska Air Group common stock due April 24, 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 early if the underlying closes at or above the initial level on any observation date. If not called, principal repayment at maturity is contingent: if the final level is below the downside threshold, principal is reduced in proportion to the underlying return, potentially resulting in a total loss. Payments are subject to UBS credit risk. Trade date was April 22, 2026 with settlement April 24, 2026, final valuation date April 20, 2029 and maturity April 24, 2029. The estimated initial value on the trade date was $9.70 per $10 Note.
UBS AG is offering Airbag Autocallable Yield Notes linked to the common stock of Micron Technology, Inc. The Notes pay a periodic coupon unless automatically called early; automatic call occurs if the underlying closes at or above the initial level on any observation date. If not called, maturity payoff is cash equal to principal if the final level is at or above the conversion level; otherwise physical delivery of shares equal to the share delivery amount (with cash for fractional shares) may result in a loss of some or all principal. Trade date is April 22, 2026, final valuation date is April 22, 2027, and maturity date is April 26, 2027. Payments are subject to UBS credit risk. The pricing here is preliminary and final terms will be set on the trade date.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Dell Technologies Inc. with a trade date of April 22, 2026, expected settlement on April 24, 2026, final valuation on April 20, 2028 and maturity on April 24, 2028. The notes pay periodic contingent coupons only if the underlying closes at or above a coupon barrier on observation dates and will be automatically called early if the underlying closes at or above the initial level on any pre-maturity observation date. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; otherwise the holder bears the percentage decline in the underlying and could lose a substantial portion or all of principal. The preliminary estimated initial value range is $9.42–$9.67 per $10 note and the illustrative contingent coupon rate shown is 23.92% per annum. All payments depend on UBS creditworthiness.
UBS AG offers $1,042,000 in Trigger Autocallable Contingent Yield Notes linked to the common stock of Marvell Technology, Inc., maturing April 24, 2028. The Notes pay contingent coupons only if observation-date closes meet the coupon barrier and may be automatically called early if the underlying reaches the initial level.
Trade date is April 22, 2026 with expected settlement April 24, 2026. Minimum investment is 100 Notes ($1,000). The estimated initial value on the trade date was $9.81 per Note. If not called, principal repayment at maturity is contingent on the final level relative to the downside threshold and is subject to UBS credit risk.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Intel Corporation stock due April 24, 2028. The Notes pay periodic contingent coupons only if the underlying closing level meets the coupon barrier on observation dates and are automatically called early if the underlying closes at or above the initial level on any observation date. If not called, principal repayment at maturity is contingent: full principal is returned only if the final level is at or above the downside threshold; otherwise repayment is reduced proportionally to the underlying return and you could lose a significant portion or all of your investment. Payments depend on UBS’s creditworthiness; the Notes are unsecured, unlisted, and have an estimated initial value of $9.82 per $10 Note.
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 underlying's closing level meets the coupon barrier on observation dates and may be automatically called early if the underlying meets or exceeds the initial level on an observation date. If not called, principal repayment at maturity is contingent: if the final level is below the downside threshold, repayment is reduced proportionally to the underlying return and you could lose a significant portion or all of your investment. Trade date is April 22, 2026, settlement April 24, 2026, final valuation date April 20, 2029, and maturity April 24, 2029. The Notes are unsecured obligations of UBS and any payment is subject to UBS's creditworthiness.
UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Lam Research common stock due April 24, 2028. The Notes pay contingent coupons only if the underlying closing level on observation dates meets a coupon barrier and will be automatically called if the underlying closing level meets or exceeds the initial level on any observation date prior to the final valuation date. If not called, principal is repaid at maturity only if the final level is at or above a 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. All payments depend on UBS creditworthiness. Trade date is April 22, 2026, settlement April 24, 2026, final valuation date April 20, 2028, and maturity April 24, 2028.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Applied Materials, Inc. common stock due April 24, 2028. The Notes pay contingent coupons only if the underlying closes at or above a coupon barrier on observation dates and will be automatically called early if the underlying closes at or above the initial level on any prior observation date. If not called, principal repayment at maturity is contingent: full principal is paid only if the final level is at or above the downside threshold; if below, repayment falls proportionally with the underlying return and investors can lose a substantial portion or all principal. Payments depend on UBS creditworthiness. Trade date is April 22, 2026, settlement April 24, 2026, final valuation date April 20, 2028, maturity April 24, 2028. The estimated initial value on the trade date was $9.74 per $10 Note.
UBS AG is offering Capped Buffer GEARS linked to the common stock of Palo Alto Networks, Inc., maturing April 24, 2028. The Securities are unsubordinated, unsecured debt obligations whose cash payment at maturity depends on the percentage change in the underlying stock between the trade date and the final valuation date.
If the underlying return is positive, payment equals the $10 principal plus the lesser of (a) the underlying return times an Upside Gearing of 3.00 or (b) the Maximum Gain of 35.34%. If the underlying return is zero or negative but the final level is at or above the downside threshold, you receive the $10 principal. If the final level is below the downside threshold, the payout equals $10 × [1 + (Underlying Return + Buffer)], which can produce substantial principal loss; examples use a Buffer of 20.00%.
The Securities do not pay interest, have an estimated initial value of $9.51 as of the trade date, and are offered with a minimum investment of 100 Securities ($1,000). Any payment, including repayment of principal, is subject to UBS's creditworthiness; secondary market liquidity and listing are not assured.
UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of Advanced Micro Devices, Inc. The Notes mature on April 24, 2028, with a final valuation date of April 20, 2028, a principal amount of $10 per Note, and an estimated initial value of $9.75 per Note as of the trade date. The Notes pay contingent coupons only if the underlying closing level meets a coupon barrier on observation dates, may be automatically called early 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 the downside threshold. If the final level is below the downside threshold, repayment can be reduced proportionally to the underlying return, potentially resulting in loss of a significant portion or all of the investment. All payments are subject to UBS credit risk.
UBS AG files a preliminary pricing supplement to offer Trigger Autocallable Contingent Yield Notes linked to Marvell Technology, Inc. The Notes pay periodic contingent coupons only if the underlying stock meets coupon barriers on observation dates and are subject to automatic early call if the stock equals or exceeds the initial level on any observation date.
The Notes mature on April 24, 2028, have a principal amount of $10 per Note, estimated initial value between $9.43 and $9.68, and expose investors to downside market risk and UBS credit risk.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of MGM Resorts International with a final maturity of April 24, 2028. The Notes pay periodic contingent coupons only if the underlying closing level on observation dates meets or exceeds a coupon barrier; they are automatically called if the underlying equals or exceeds 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 a downside threshold; otherwise repayment is reduced proportionally to the underlying return and investors may lose a substantial portion or all of their principal. All payments are subject to the creditworthiness of UBS. Trade date is April 22, 2026 and settlement is expected on April 24, 2026. The estimated initial value was $9.73 per Note and Notes are offered in $10 increments with a minimum $1,000 investment.
UBS AG priced a preliminary offering for Trigger Autocallable Contingent Yield Notes linked to the common stock of Intel Corporation, with a trade date of April 22, 2026, expected settlement on April 24, 2026, a final valuation date of April 20, 2028, and maturity on April 24, 2028. The notes pay contingent coupons only if the underlying closes at or above the 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 the final valuation date. 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 pro rata to the underlying return, potentially resulting in a substantial loss or total loss of principal. Minimum investment is 100 notes at $10 per note; the estimated initial value range on the trade date is $9.44 to $9.69 per note.
UBS AG priced a preliminary offering for Trigger Autocallable Contingent Yield Notes linked to the common stock of Lam Research Corporation, due on or about April 24, 2028. The notes pay periodic contingent coupons only if the underlying closing level on an observation date meets or exceeds the coupon barrier and may be automatically called early if the underlying closing level on any observation date prior to the final valuation date is equal to or greater than the initial level. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; if below, repayment is reduced proportionally to the underlying return, potentially resulting in substantial loss, including a total loss of principal. Trade date and settlement are expected on April 22, 2026 and April 24, 2026, respectively. Estimated initial value per $10 Note is between $9.40 and $9.65 as of the trade date. All payments are subject to UBS credit risk.
UBS AG is offering Capped Buffer GEARS linked to Palo Alto Networks, Inc. stock with final terms set on the trade date. The Securities mature on April 24, 2028 (final valuation date April 20, 2028) and have a principal amount of $10 per Security. If the underlying return is positive, payment equals $10 × (1 + the lesser of Underlying Return × Upside Gearing 3.00 and Maximum Gain 34.23%). If the underlying return is zero or negative but the final level is at or above the downside threshold, principal is repaid. If the final level is below the downside threshold, payment equals $10 × [1 + (Underlying Return + Buffer)] and investors can lose some or almost all principal. Estimated initial value is expected between $9.31 and $9.56. Payments are subject to UBS credit risk.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Applied Materials common stock with a planned term to April 24, 2028. The notes pay periodic contingent coupons only when the underlying's closing level meets or exceeds a coupon barrier on observation dates and are subject to an automatic call if the underlying equals or exceeds the initial level on any observation date prior to the final valuation date. If not called, principal repayment at maturity is contingent: full principal is paid if the final level is at or above a stated downside threshold; if below that threshold, repayment is reduced proportionally to the underlying return, potentially resulting in the loss of a substantial portion or all of the investment. Payments depend on UBS creditworthiness. Trade and settlement are expected on April 22, 2026 and April 24, 2026, respectively; the final valuation date is April 20, 2028 and maturity is April 24, 2028. The notes have a $10 principal amount per note, a minimum purchase of 100 notes, and an estimated initial value range of $9.44 to $9.69 as of the trade date.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Advanced Micro Devices, Inc. The Notes pay periodic contingent coupons only if the underlying stock closes at or above a coupon barrier on observation dates and may be automatically called early if the underlying closes at or above the initial level on an observation date. 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, principal will be reduced proportionally to the underlying return and investors could lose a significant portion or all of their investment. The offering is a debt obligation of UBS and any payments depend on UBS’s creditworthiness. Key dates include trade date April 22, 2026, settlement date April 24, 2026, final valuation date April 20, 2028, and maturity date April 24, 2028. The Notes are offered in $10 denominations (minimum 100 Notes) with an estimated initial value range of $9.44 to $9.69.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Huntsman Corporation common stock due April 24, 2028. The Notes pay periodic contingent coupons only if the underlying's closing level on an observation date meets or exceeds a coupon barrier; they will be automatically called early if the underlying equals or exceeds the initial level on any observation date. If not called, principal repayment at maturity is contingent: if the final level is at or above the downside threshold you receive the $10 principal per Note; if below that threshold you suffer a loss equal to the underlying return (potentially losing your entire investment). Payments, including principal, are subject to UBS credit risk. The estimated initial value on the trade date was $9.28, and Notes are offered in minimum increments of 100 Notes ($1,000). Trade and settlement dates are April 22, 2026 and April 24, 2026.
UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Dell Technologies stock due April 24, 2028. The Notes pay periodic contingent coupons only if the underlying closing level meets or exceeds a coupon barrier on observation dates and will be automatically called early if the underlying closes at or above the initial level on any prior observation date.
If not called, principal is repaid at maturity only if the final level is at or above a downside threshold; if the final level is below that threshold, principal is reduced proportionally to the underlying return and investors could lose part or all of their investment. Payments are subject to UBS credit risk. Trade date is April 22, 2026, settlement April 24, 2026, final valuation date April 20, 2028, maturity April 24, 2028.
UBS AG priced a Preliminary Pricing Supplement for $10 Trigger Autocallable Contingent Yield Notes linked to the common stock of MGM Resorts International due on or about April 24, 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 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 payment at maturity will be reduced in direct proportion to the underlying return, potentially resulting in the loss of a significant portion or all of invested principal. Payments, including contingent coupons and any principal repayment, are subject to UBS's creditworthiness. The trade date and settlement are April 22, 2026 and April 24, 2026, respectively; the final valuation date is April 20, 2028. The Notes are offered in minimum increments of 100 Notes at $10 per Note and an estimated initial value range of $9.42–$9.67 as of the trade date.
UBS AG offers $100,000 Trigger Autocallable Contingent Yield Notes linked to the common stock of Amazon.com, Inc., due April 24, 2029. The Notes pay a contingent coupon only when the underlying closing level on an observation date meets or exceeds the coupon barrier. UBS will automatically call the Notes early if the underlying closes at or above the initial level on any observation date prior to the final valuation date; on an automatic call investors receive principal plus any contingent coupon due on the related call settlement date.
If not called, repayment at maturity depends on the final level: if the final level is at or above the downside threshold you receive the $10 principal per Note; if below, your cash payment equals $10 x (1 + underlying return), exposing you to losses that can be as large as your full investment. Key terms: trade date April 22, 2026, settlement April 24, 2026, final valuation date April 20, 2029, maturity April 24, 2029. The Notes carry UBS credit risk and have an estimated initial value of $9.69. Minimum investment: 100 Notes ($1,000).
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Dell Technologies Inc., with final terms to be set on the trade date.
The notes have a principal amount of $10 per Note, a trade date of April 22, 2026, expected settlement on April 24, 2026, a final valuation date of April 20, 2028, and maturity on April 24, 2028. Payments (contingent coupons and principal) are conditional on the underlying stock levels and are subject to UBS credit risk.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Huntsman Corporation with a term to approximately April 24, 2028. The Notes pay periodic contingent coupons only if the underlying stock closes at or above the coupon barrier on observation dates and are 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 (illustrative downside threshold: $65.00, 65% of the initial level); otherwise principal is reduced in proportion to the underlying return, and investors could lose most or all of their investment. Trade date is April 22, 2026, settlement April 24, 2026, and maturity April 24, 2028. The Notes have a denomination of $10 per Note with a minimum purchase of 100 Notes (a $1,000 minimum). The estimated initial value range is $8.98 to $9.23 per Note, determined by UBS’ internal pricing models. The offering is subject to completion and the final pricing supplement.
UBS AG priced a preliminary offering of Trigger Autocallable Contingent Yield Notes linked to the common stock of Amazon.com, Inc. The Notes pay periodic contingent coupons only if the underlying meets coupon barriers on observation dates and may be automatically called early if the underlying meets an initial level on any observation date prior to maturity. If not called, principal repayment at maturity is contingent: full principal is returned only if the final level is at or above a disclosed downside threshold; if below, repayment is reduced proportionally to the underlying return, potentially resulting in substantial loss, including loss of the entire investment. The trade date and settlement are expected in April 2026; the final valuation and maturity dates are in April 2029.
UBS AG offers $420,000 Trigger Autocallable Contingent Yield Notes linked to Snowflake Inc. The Notes pay periodic contingent coupons only if the underlying stock meets a coupon barrier on observation dates, may be automatically called early 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. If the final level is below that threshold and the Notes are not called, principal repayment declines in proportion to the underlying return and you could lose all of your investment. The Notes mature on April 24, 2029, have a $10 principal per Note, an estimated initial value of $9.73, and are unsecured obligations subject to UBS credit risk.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Snowflake Inc. The notes have an approximate $10 principal per Note and a term of about three years, with Trade Date: April 22, 2026, Final Valuation Date: April 20, 2029, and Maturity Date: April 24, 2029. The notes pay a contingent coupon only when the underlying 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. Example terms show a 23.56% per annum contingent coupon (example contingent coupon $0.589 per $10 Note) and an estimated initial value range of $9.37 to $9.62. Payments, including any principal repayment, depend on UBS’s creditworthiness. The offering is preliminary and subject to delivery of final Offering Documents.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Oracle Corporation, maturing on April 24, 2028. The Notes pay periodic contingent coupons only when the underlying's closing level on observation dates meets or exceeds a coupon barrier. The Notes will be automatically called early if the underlying's closing level on an observation date prior to the final valuation date is equal to or greater than the initial level; in that case investors receive principal plus any contingent coupon and the Notes terminate. If the Notes reach final valuation without a call, 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 pro rata to the underlying return and investors can lose a substantial portion or all of their investment. Payments are subject to UBS's creditworthiness. Trade and settlement are expected on April 22, 2026 and April 24, 2026, respectively.
UBS AG filed a preliminary pricing supplement for $• Trigger Autocallable Contingent Yield Notes linked to the common stock of Oracle Corporation, due on or about April 24, 2028. The Notes pay periodic contingent coupons only if the underlying stock closes at or above a coupon barrier on observation dates and are automatically called early if the underlying closes at or above the initial level on any observation date. If not called, principal is repaid at maturity only if the final level is at or above a downside threshold; otherwise investors suffer a loss equal to the underlying return (potentially a total loss). Trade date and settlement are expected on April 22, 2026 and April 24, 2026, respectively. Principal amount per Note is $10; the preliminary estimated initial value range is $9.43–$9.68. Any payments are subject to UBS credit risk.
The issuer, UBS AG, is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Accenture plc due April 24, 2029. The Notes pay periodic contingent coupons only if the underlying closes at or above a coupon barrier on observation dates and are automatically called early if the underlying closes at or above the initial level on 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 is reduced pro rata to the underlying return and full loss of principal is possible. All payments are subject to the credit risk of UBS. Trade date is April 22, 2026 and settlement is expected on April 24, 2026.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Newmont Corporation, maturing April 24, 2031. The Notes pay contingent coupons only if the underlying meets the coupon barrier on observation dates and may be automatically called early if the underlying reaches the initial level. If not called, repayment of principal at maturity is contingent on the final level relative to the downside threshold; a final level below that threshold exposes investors to the full downside of the underlying and potential loss of all principal. Trade date is April 22, 2026; settlement April 24, 2026. Minimum investment: 100 Notes ($1,000). The estimated initial value on the trade date was $9.71 per Note.
UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of Accenture plc, with an expected trade date of April 22, 2026, settlement on April 24, 2026 and maturity around April 24, 2029. The Notes pay periodic contingent coupons only if the underlying closing level meets a coupon barrier on observation dates, may be automatically called early if the underlying equals or exceeds 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 in direct proportion to the underlying return. The Notes are unsecured obligations of UBS and all payments depend on UBS creditworthiness. Estimated initial value is shown in a range and the Notes are sold in $10 increments with a $1,000 minimum investment.
UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of Newmont Corporation, with a scheduled term to approximately April 24, 2031. The notes pay periodic contingent coupons only if the underlying stock closes at or above a coupon barrier on observation dates and include 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 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 outcomes the investor could lose the entire investment. Payments are subject to UBS credit risk. Trade date and expected settlement are April 22, 2026 and April 24, 2026, respectively. The preliminary estimated initial value is between $9.30 and $9.55 per $10 Note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Spotify Technology S.A. The Notes have a $10 principal amount per Note, expected trade/settlement on April 22, 2026/April 24, 2026, a final valuation date on April 20, 2029, and maturity on April 24, 2029. UBS will pay periodic contingent coupons only when the underlying closing level on an observation date is at or above the coupon barrier; the Notes will autocall early if the underlying closes at or above the initial level on any observation date. If not autocalled, principal repayment at maturity is contingent on the final level relative to the downside threshold; if final level is below that threshold, repayment may be reduced proportionally and investors could lose a significant portion or all of their principal. The estimated initial value per Note at pricing was $9.74. All payments are subject to UBS credit risk.
UBS AG priced a preliminary Trigger Autocallable Contingent Yield Notes offering linked to the common stock of Spotify Technology S.A. The Notes have an approximately three-year term with trade date April 22, 2026, expected settlement April 24, 2026, final valuation date April 20, 2029 and maturity April 24, 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 if the underlying closes at or above the initial level on any observation date. At maturity the principal is repaid only if the final level is at or above the disclosed downside threshold; otherwise repayment is reduced pro rata to the underlying return and investors could lose a substantial portion or all of their investment. Secondary-market liquidity and 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, the S&P 500® Index and shares of the State Street® Technology Select Sector SPDR® ETF. Each Note has a Principal Amount of $1,000 and an expected term of approximately four years.
The Notes pay a 12.00% per annum contingent coupon (equal to $10.00 per Note per coupon date) only if the closing level of each underlying asset is at or above its coupon barrier (70.00% of initial level) on an observation date. If any underlying asset is below its downside threshold (65.00% of initial level) at final valuation and UBS does not call the Notes, principal repayment is reduced by the negative return of the least performing underlying asset. Trade date is April 28, 2026, settlement May 1, 2026, final valuation April 29, 2030, and maturity May 2, 2030. The estimated initial value range is $950.80 to $980.80 and the issue price is $1,000 per Note.
UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Boston Scientific Corporation stock. The Notes pay a contingent coupon at an 11.15% per annum rate (memory feature preserves unpaid coupons) and are callable quarterly beginning after six months. Principal repayment at maturity is contingent on the final stock level relative to a 70.00% downside threshold; if the final level is below that threshold the principal may be reduced proportionally, and you could lose a significant portion or all of your investment. Payments depend on UBS creditworthiness. Expected trade/strike/settlement and final dates are set on the cover and the strike date determines the initial level and final terms.
UBS AG offers Barrier Market-Linked Notes linked to an unequally weighted basket of six currencies relative to the U.S. dollar with expected term of approximately 12 months.
Per Note principal is $1,000. Key economics (to be set on the trade date) include an upper barrier of 8.40%, a conditional return of 5.00%, a participation rate range of 1.20–1.30, and a resulting maximum gain range of 10.08%–10.92%. The Notes pay at maturity based on the basket return, are unsecured obligations of UBS and repayment (including principal) depends on UBS creditworthiness.
UBS AG is offering Trigger Autocallable Contingent Yield Notes with Memory Interest linked to the least performing of SMH, the S&P 500 Index and XLU. The notes pay a 9.80% per annum contingent coupon when all three underlyings meet coupon barriers on an observation date, are callable monthly beginning after 12 months, and mature on April 24, 2031. If not called and the final level of any underlying is below its 60.00% downside threshold, principal repayment is contingent on the least performing underlying and you may lose a significant portion or all of your investment. Trade date is April 20, 2026 with settlement April 23, 2026. Payments are subject to UBS credit risk and there may be little or no secondary market.
UBS is offering Trigger Autocallable Contingent Yield Notes with Memory Interest linked to DexCom, Inc. (DXCM) stock, with a contingent coupon rate set on the trade date in the range 15.25%–16.25% per annum. Trade date is April 30, 2026, expected settlement May 5, 2026, final valuation October 29, 2027, and maturity about November 2, 2027. Each Note has a principal amount of $1,000; the issue price per Note is $1,000, estimated initial value is between $923.60 and $953.60 as of the trade date.
The Notes pay contingent quarterly coupons only if the underlying closing level meets or exceeds the coupon barrier on observation dates; they are automatically called if the underlying meets the call threshold on any pre-final 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, potentially resulting in a significant loss or total loss. All payments are subject to UBS credit risk. The offering includes an underwriting discount of $27.50 per Note.
UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of four underlyings: the State Street Utilities Select Sector SPDR ETF (XLU), the iShares 20+ Year Treasury Bond ETF (TLT), the Nasdaq-100 Index (NDX) and the Russell 2000 Index (RTY). The Notes pay a contingent coupon of 11.30% per annum when each underlying meets its coupon barrier and are issuer-callable monthly beginning after ~3 months. If not called, maturity is on or about October 28, 2030; principal is repaid only if the final level of every underlying is at or above its downside threshold (60% of initial level), otherwise investors suffer a loss equal to the decline of the least performing underlying. Estimated initial value range is $956.20–$986.20 and issue price is $1,000 per Note.
UBS AG offers Capped Buffer Securities linked to the S&P 500® Index with a term of approximately 18 months. Each Security has a $1,000 principal and a 17.30% maximum gain (maximum payment at maturity of $1,173.00). The structure provides upside participation capped at the maximum gain and a 10.00% buffer against initial losses: if the final index level is at or above 90.00% of the initial level, principal is repaid; if below, investors suffer losses beyond the buffer. Payments and any principal repayment are subject to the credit risk of UBS. The trade date is April 17, 2026, settlement is April 22, 2026, final valuation date is October 18, 2027, and maturity is October 21, 2027.
UBS AG priced $490,000 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 April 22, 2031. The Notes pay a 13.85% per annum contingent coupon on each coupon payment date only if each underlying asset is at or above its coupon barrier on the applicable observation date; otherwise no coupon is paid. UBS may call the Notes monthly beginning after six months; if called, holders receive principal plus any contingent coupon otherwise due. If not called and the final level of any underlying asset is below its downside threshold (60% of initial level), repayment at maturity is reduced pro rata to the percentage decline of the least performing underlying asset and investors could lose a significant portion or all of their investment. The estimated initial value per Note is $989.70 and the issue price is $1,000 per Note, implying issuance costs included in the price.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Snowflake Inc. stock maturing on April 23, 2027. Each Note has a principal amount of $10, a minimum investment of 100 Notes ($1,000), and an estimated initial value of $9.80 as of the trade date. The Notes pay a contingent coupon on coupon dates only if the underlying closing level meets or exceeds a coupon barrier; otherwise no coupon is paid. The Notes will be automatically called early if the underlying closing level on an observation date is equal to or greater than the initial level, in which case holders receive principal plus any contingent coupon then due. If not called, principal is repaid at maturity only if the final level is equal to or greater than the downside threshold (example: $60.00, 60% of initial level); if the final level is below that threshold, principal is reduced proportionally to the underlying return and investors can lose a substantial portion or all of their investment. Payments are unsecured and subject to UBS credit risk. Trade and settlement dates are April 21, 2026 and April 23, 2026 respectively.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Dow Inc. The Notes pay periodic contingent coupons only if the underlying's closing level on an observation date is at or above a coupon barrier; otherwise no coupon is paid. UBS will automatically call the Notes 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 on the related coupon payment date.
If the Notes are not called, repayment at maturity depends on the final level: if the final level is at or above the downside threshold, investors receive the $10 principal per Note; if below, investors receive $10 x (1 + Underlying Return), which can result in a percentage loss equal to the underlying return and, in extreme cases, a total loss. All payments are subject to UBS credit risk. Trade date is April 21, 2026, settlement April 23, 2026, final valuation date April 21, 2027, and maturity April 23, 2027.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Microsoft Corporation due April 23, 2027. The Notes pay a contingent coupon only when the underlying closes at or above a coupon barrier on observation dates and may be automatically called early if the underlying closes at or above the initial level on any observation date. If not called, principal repayment at maturity depends on the final level relative to a downside threshold; a final level below that threshold produces a reduced cash payment equal to $10 x (1 + underlying return), potentially resulting in loss of principal. Payments are subject to UBS credit risk. Trade and settlement dates are April 21, 2026 and April 23, 2026, respectively.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Microsoft Corporation with a trade date of April 21, 2026, expected settlement on April 23, 2026, a final valuation date of April 20, 2028 and a maturity date of April 24, 2028. Each Note has a principal amount of $10 and pays a contingent coupon only if the underlying closing level on an observation date meets or exceeds the coupon barrier. The Notes are subject to an automatic call on quarterly observation dates beginning after 12 months if the underlying equals or exceeds the initial level; on an automatic call UBS will pay principal plus any contingent coupon then due. If not called, principal repayment at maturity is contingent on the final level relative to the downside threshold, exposing holders to the full downside of the underlying and credit risk of UBS. The estimated initial value per Note on the trade date is $9.69. The Notes are not FDIC insured and are unsecured obligations of UBS.
UBS AG priced Trigger Autocallable Contingent Yield Notes linked to Intel common stock due April 23, 2027. The Notes pay periodic contingent coupons only if the underlying closing level meets or exceeds a coupon barrier on observation dates and are 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 and the final level is below the downside threshold, principal repayment at maturity is reduced proportionally to the underlying return; in extreme cases you could lose all of your investment. The Notes are unsecured obligations of UBS and repayment is subject to UBS credit risk.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Snowflake Inc. The notes mature on April 23, 2027 and can be automatically called early if the underlying closes at or above the initial level on an observation date. Coupon payments are contingent: a coupon is paid for a coupon period only if the underlying closing level on the applicable observation date is equal to or greater than the coupon barrier. At maturity, if the notes are not called and the final level is below the downside threshold, principal repayment is reduced pro rata to the underlying return, potentially causing a significant or total loss of investment. Trade date is April 21, 2026 with settlement on April 23, 2026. The preliminary estimated initial value range per $10 note is $9.48 to $9.73, and any payment is subject to UBS credit risk.
UBS AG offers $400,000 Trigger Autocallable Contingent Yield Notes linked to Microsoft common stock due April 23, 2027. The Notes pay periodic contingent coupons only if the underlying closes at or above the coupon barrier on observation dates and include 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, principal repayment at maturity is contingent: you receive $10 per Note only if the final level is at or above the downside threshold; if below, repayment equals $10 x (1 + underlying return), potentially causing substantial loss. Trade date is April 21, 2026, settlement April 23, 2026, final valuation April 21, 2027, and maturity April 23, 2027. Estimated initial value per Note is $9.82; Notes are offered at $10 per Note with a minimum purchase of 100 Notes ($1,000). All payments depend on UBS creditworthiness.