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

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to NVIDIA Corporation common stock that mature on April 20, 2028. The notes pay periodic contingent coupons only if the underlying closes at or above 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 prior to the final valuation date. If not called, repayment of principal at maturity is contingent: full principal is paid only if the final level is at or above the downside threshold; otherwise the payment equals $10 x (1 + underlying return), exposing investors to a percentage loss equal to the underlying return, potentially losing the entire investment. All payments are subject to UBS credit risk. Trade date is April 16, 2026 and settlement is April 20, 2026. The estimated initial value per Note on the trade date was $9.74.

UBS AG priced a preliminary offering of Airbag Autocallable Yield Notes linked to Broadcom Inc. common stock due on or about April 20, 2027. The Notes pay a periodic coupon unless automatically called, are callable early if the underlying closes at or above the initial level on an observation date, and at maturity either repay principal in cash if the final level is at or above the conversion level or deliver a share delivery amount (shares plus cash for fractional shares) if the final level is below the conversion level. Payments, including principal, depend on UBS’s creditworthiness. Trade date is April 16, 2026; settlement is expected on April 20, 2026; final valuation date is April 16, 2027.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to The Goldman Sachs Group, Inc. common stock maturing April 20, 2028. The Notes pay periodic contingent coupons only if the underlying meets the coupon barrier on observation dates and may be automatically called early if the underlying equals or exceeds the initial level. If not called, principal repayment at maturity is contingent on the final level relative to the downside threshold; a final level below that threshold exposes investors to direct downside in the underlying and could result in substantial or total loss of principal. The estimated initial value was $9.71 per $10 Note. Trade date is April 16, 2026, settlement April 20, 2026, final valuation date April 18, 2028, and maturity April 20, 2028. The Notes are unsecured obligations of UBS and repayment depends on UBS creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Blackstone Inc. The notes have a $10 principal per note, trade date April 16, 2026, expected settlement April 20, 2026, final valuation date April 18, 2028 and maturity April 20, 2028. UBS will pay contingent coupons only if the underlying closing level on observation dates meets or exceeds a coupon barrier; the notes are 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 on the final level being at or above a downside threshold; if below, repayment is reduced pro rata and investors can lose a significant portion or all principal. The estimated initial value was $9.73 and the minimum investment is 100 notes ($1,000). Any payments depend on UBS creditworthiness.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Micron Technology, Inc. common stock totaling $397,000. The Notes pay contingent quarterly coupons only if the underlying closing level meets a coupon barrier and may be automatically called quarterly (beginning ~6 months after trade). If not called, principal repayment at maturity April 20, 2029 is contingent on the final level relative to a downside threshold; a final level below that threshold produces a cash payment that can be less than principal, possibly resulting in complete loss. Payments depend on UBS creditworthiness; estimated initial value was $9.71 per Note with $10 principal. Trade Date: April 16, 2026; Settlement Date: April 20, 2026.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to United Parcel Service, Inc. stock due April 20, 2028. The Notes pay periodic contingent coupons only if the underlying closing level meets or exceeds a coupon barrier on observation dates and may be automatically called early if the underlying equals or exceeds the initial level. If not called, principal is repaid at maturity only if the final level is at or above a 70.00% downside threshold; otherwise principal is reduced proportionally to the underlying return and investors can lose a significant portion or all of their investment. Payments depend on UBS creditworthiness. The Notes have a minimum investment of 100 Notes at $10 per Note and an estimated initial value of $9.70 as of the trade date. Trade and settlement are April 16, 2026 and April 20, 2026, respectively.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Zscaler, Inc. stock maturing on April 20, 2029. The notes pay a contingent coupon only if the underlying closing level on observation dates meets the coupon barrier and will be automatically called early if the underlying equals or exceeds the initial level on any prior observation date. 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 is reduced proportionally to the underlying return and you could lose a significant portion or all of your investment. All payments are subject to UBS creditworthiness. The estimated initial value was $9.65 per $10 note.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to NVIDIA Corporation stock due on or about April 20, 2028. The Notes pay a contingent coupon on each coupon payment date only if the underlying closing level on the observation date is at or above the coupon barrier; otherwise no coupon is paid. The Notes will 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, in which case holders receive principal plus any contingent coupon and no further payments. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; otherwise holders suffer a loss equal to the underlying return and could lose their entire investment. Trade date is April 16, 2026 and expected settlement is April 20, 2026. The Notes are unsecured obligations of UBS and payments depend on UBS creditworthiness.

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 16, 2026 shows a roughly two-year term with a final valuation date of April 18, 2028 and a maturity date of April 20, 2028. The Notes pay periodic contingent coupons only when the underlying closing level meets or exceeds a coupon barrier and may be 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 on the final level relative to a downside threshold and could result in substantial loss of principal tied to the percentage decline in the underlying asset. The minimum offering is 100 Notes at $10 per Note and the document lists an estimated initial value range of $9.41 to $9.66 per Note.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Capital One Financial Corporation common stock due April 20, 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 if the underlying closes at or above 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 (70.00% of the initial level in the examples), repayment may be reduced proportionally, potentially resulting in a total loss. Trade date is April 16, 2026, settlement April 20, 2026, final valuation date April 18, 2028, and maturity April 20, 2028. Key terms shown: example contingent coupon rate 13.46% per annum, example contingent coupon $0.3365, estimated initial value $9.78, and minimum investment 100 Notes ($1,000).

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Blackstone Inc., due on or about April 20, 2028. The Notes pay contingent coupons only if the underlying's closing level meets or exceeds a coupon barrier on observation dates and are automatically called if the underlying equals or exceeds the initial level on any earlier observation date. The preorder terms show a minimum investment of $1,000 (100 Notes at $10 per Note), an estimated initial value range of $9.38–$9.63 per Note, an illustrative contingent coupon rate of 15.20% per annum (contingent coupon $0.38 on a $10 Note) and a downside threshold of $70.00 (70% of the initial level). If not called and the final level is below the downside threshold, principal repayment at maturity is contingent on the underlying return and could result in a substantial loss, including total loss of principal; all payments are subject to UBS credit risk.

UBS AG intends to offer Trigger Autocallable Contingent Yield Notes linked to the common stock of Micron Technology, Inc. The Notes pay periodic contingent coupons only if the underlying closes at or above the coupon barrier on observation dates, may be automatically called quarterly beginning after 6 months, and repay principal at maturity only if the final level is at or above a downside threshold; otherwise holders suffer loss tied to the underlying return. Trade date is April 16, 2026 with expected settlement April 20, 2026 and maturity around April 20, 2029. The Notes are unsecured obligations of UBS and any payments depend on UBS creditworthiness.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of United Parcel Service, Inc. The preliminary pricing supplement dated April 16, 2026 sets key dates: trade date April 16, 2026, settlement April 20, 2026, final valuation date April 18, 2028 and maturity April 20, 2028. The Notes pay a periodic contingent coupon only if the closing level of the underlying meets or exceeds a coupon barrier on observation dates; they are automatically called if the underlying closes at or above the initial level on an observation date, producing a cash payment equal to principal plus any contingent coupon. If not called, repayment at maturity depends on the final level relative to a downside threshold: if the final level is below that threshold, principal repayment is reduced proportionally to the underlying return, and investors could lose a significant portion or all of their investment. The Notes are unsecured obligations of UBS AG and all payments are subject to UBS credit risk. The preliminary range for the estimated initial value is $9.40 to $9.65 per $10 Note and the minimum investment is 100 Notes ($1,000).

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to The Mosaic Company stock that mature April 20, 2028. The Notes pay contingent coupons only if the underlying closing level on observation dates meets or exceeds a coupon barrier and will be automatically called early if any observation-date closing level is at or above the initial level. If not called, repayment at maturity depends on the final level versus a downside threshold: if the final level is below the downside threshold you may suffer a loss equal to the underlying return, including a possible loss of your entire investment. Key terms shown include a $10 principal per Note, trade date April 16, 2026, settlement April 20, 2026, final valuation date April 18, 2028, maturity April 20, 2028, an example contingent coupon rate of 22.73% per annum, and an estimated initial value of $9.67. The Notes are unsecured obligations of UBS and payments depend on UBS creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Palantir Technologies Inc. stock due April 20, 2028. The Notes pay a contingent coupon only when the underlying closing level on an observation date meets or exceeds a coupon barrier and may be automatically called if the underlying equals or exceeds the initial level on a quarterly observation. 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, which could result in a substantial loss, including total loss. Payments are subject to UBS credit risk. Trade date is April 16, 2026 and settlement is April 20, 2026.

UBS AG priced Trigger Autocallable Contingent Yield Notes linked to Eli Lilly common stock due April 20, 2028. The Notes pay a periodic contingent coupon only if the underlying 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. 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 payment is reduced pro rata to the underlying return, potentially causing a total loss of principal. Payments remain subject to UBS credit risk.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of Zscaler, Inc., with final terms set on the trade date. The Notes pay periodic contingent coupons only if the underlying meets the coupon barrier on observation dates and can be 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 on the final level relative to a downside threshold; a final level below that threshold exposes holders to the underlying's negative return and possible total loss of principal. Trade Date: April 16, 2026. Settlement Date: April 20, 2026. Final Valuation Date: April 18, 2029. Maturity Date: April 20, 2029.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Broadcom Inc. stock due April 20, 2028. The Notes pay a contingent coupon only when the underlying closing level on an observation date meets or exceeds a coupon barrier and will be automatically called early if the underlying closes at or above the initial level on any observation date prior to final valuation. 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 equals $10 x (1 + underlying return), exposing investors to the underlying’s percentage decline and possible loss of the entire principal. Trade date April 16, 2026; settlement April 20, 2026; final valuation April 18, 2028. Minimum investment: 100 Notes ($1,000). Estimated initial value per Note: $9.77. Payments are subject to UBS credit risk.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of Capital One Financial Corporation, maturing on or about April 20, 2028. The Notes pay periodic contingent coupons only if the underlying stock meets coupon barriers on observation dates and may be automatically called early if the underlying equals or exceeds the initial level on an observation date. Each Note has a principal amount of $10 and a minimum investment of 100 Notes ($1,000). The offering discloses an estimated initial value range of $9.43 to $9.68 as of the trade date. If the Notes are not called and the final underlying level is below the downside threshold, repayment at maturity may be less than the principal and could result in a substantial or total loss of principal. All payments are subject to the creditworthiness of UBS.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to The Mosaic Company common stock, with final terms set on the trade date and a maturity around April 20, 2028. The offering targets a minimum investment of 100 Notes ($1,000) and the estimated initial value per Note is expected to be between $9.37 and $9.62.

The Notes pay contingent coupons only if the underlying stock meets a coupon barrier on observation dates, are subject to automatic early call 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 investors face downside market exposure and possible loss of all principal. All payments depend on UBS creditworthiness.

UBS AG priced a preliminary pricing supplement for $• Trigger Autocallable Contingent Yield Notes linked to the common stock of Palantir Technologies Inc. The Notes have a $10 principal amount per Note, a minimum purchase of 100 Notes ($1,000), an expected trade date of April 16, 2026, expected settlement on April 20, 2026, a final valuation date of April 18, 2028 and a maturity of April 20, 2028. The Notes pay contingent quarterly coupons only if the underlying closing level meets or exceeds the coupon barrier on observation dates and are automatically called if the underlying equals or exceeds the initial level on any quarterly observation date beginning after six months. If not called, principal repayment at maturity is contingent on the final level relative to a downside threshold and, if below that threshold, the investor suffers a loss equal to the underlying return. The estimated initial value per Note is stated as between $9.47 and $9.72.

UBS AG priced a preliminary offering of Trigger Autocallable Contingent Yield Notes linked to Eli Lilly common stock due on or about April 20, 2028. The Notes pay periodic contingent coupons only if observation-date levels meet the coupon barrier, feature an automatic early-call 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 the downside threshold; otherwise principal is reduced proportionally to the underlying return. The Notes are unsecured obligations of UBS and repayment is subject to UBS credit risk. Trade date: April 16, 2026; Settlement date: April 20, 2026.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Fluor Corporation stock due April 20, 2028. The Notes pay periodic contingent coupons only if observation-date closing levels meet a coupon barrier and may be automatically called early if the underlying meets or exceeds 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 could lose a substantial portion or all of their investment. Trade date is April 16, 2026 with settlement on April 20, 2026; final valuation date is April 18, 2028 and maturity is April 20, 2028. The Notes are unsecured obligations of UBS and repayment depends on UBS creditworthiness. Minimum purchase is 100 Notes ($1,000); the estimated initial value on the trade date was $9.70 per Note.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Advanced Micro Devices, Inc. common stock. The notes pay periodic contingent coupons only if the underlying closing level meets a coupon barrier on observation dates and are automatically called if the underlying closes at or above the initial level on any quarterly observation date beginning after six months. At maturity, if not called, principal is repaid only if the final level is equal to or greater than the downside threshold; otherwise repayment is reduced pro rata 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 16, 2026 and expected settlement is April 20, 2026; final valuation date is April 18, 2028 with maturity on April 20, 2028.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Netflix, Inc. The notes pay periodic contingent coupons only if the underlying meets a coupon barrier on observation dates and can be automatically called quarterly beginning ~6 months after issuance. If not called, principal repayment at maturity is contingent: if the final level is at or above the downside threshold, principal is returned; if below, repayment is reduced pro rata to the underlying return, possibly resulting in complete loss. Trade date is April 16, 2026, expected settlement April 20, 2026, final valuation date April 18, 2029, and maturity April 20, 2029. The estimated initial value per $10 note was $9.72, and payments are subject to UBS credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Broadcom Inc. The notes pay contingent coupons only if the underlying's closing level on observation dates meets the coupon barrier and will be automatically called early if the underlying equals or exceeds the initial level on any prior observation date. If not called, repayment at maturity depends on the final level versus a downside threshold: full principal ($10 per note) is paid only if the final level is at or above the downside threshold; otherwise principal is reduced pro rata by the underlying return and investors can lose a significant portion or all of their investment. Trade date is April 16, 2026, settlement April 20, 2026, final valuation date April 18, 2029, and maturity April 20, 2029. The estimated initial value was $9.65 per note; payments are subject to UBS credit risk.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of Broadcom Inc., maturing on or about April 20, 2028. The trade date is April 16, 2026 with expected settlement on April 20, 2026. The Notes pay periodic contingent coupons only if the underlying meets a coupon barrier on observation dates and will be automatically called early if the underlying meets or exceeds the initial level on an observation date. At maturity, if not called, principal repayment is contingent on the final level relative to a downside threshold; if the final level is below that threshold investors may suffer losses up to the full principal.

The Notes are offered in minimum blocks of 100 Notes at $10 per Note (minimum investment $1,000). UBS estimates the initial value per Note between $9.43 and $9.68 as of the trade date. Example terms shown include a hypothetical contingent coupon of 11.12% per annum (approximately $0.278 per $10 Note per observation) and a downside threshold equal to $50.00 (50% of the initial level).

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to ServiceNow, Inc. common stock due October 20, 2027. 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 on any observation date. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; if below, repayment declines in proportion to the underlying return and you could lose a significant portion or all of your principal. The Notes are unsecured obligations of UBS and any payment is subject to UBS's creditworthiness. Trade and settlement dates and the estimated initial value of $9.71 are disclosed in the pricing supplement.

UBS AG is offering a preliminary pricing supplement for Trigger Autocallable Contingent Yield Notes linked to the common stock of Fluor Corporation, due on or about April 20, 2028. The Notes pay contingent coupons only if observation‑date closing levels meet the coupon barrier and may be called early if the underlying equals or exceeds the initial level on an observation date.

The Notes have a principal amount of $10 per Note, a trade date of April 16, 2026, expected settlement on April 20, 2026, a final valuation date of April 18, 2028, and a maturity date of April 20, 2028. UBS estimates an initial value range of $9.40 to $9.65 per Note on the trade date; any repayment of principal at maturity depends on UBS creditworthiness and final underlying performance.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Advanced Micro Devices, Inc. The Notes mature on April 20, 2028 with a final valuation date of April 18, 2028. They pay periodic contingent coupons only if the underlying closing level meets the coupon barrier on observation dates (quarterly, beginning after six months) 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 disclosed downside threshold; otherwise repayment at maturity will be reduced proportionally to the underlying return and you could lose a significant portion or all of your investment. Trade date is April 16, 2026 with settlement on April 20, 2026. The Notes are unsecured obligations of UBS and any payments depend on UBS’s creditworthiness. The estimated initial value per Note is between $9.50 and $9.75, and the minimum investment is 100 Notes at $10 per Note.

UBS AG priced a preliminary offering for Trigger Autocallable Contingent Yield Notes linked to the common stock of Broadcom Inc. The Notes trade April 16, 2026 with expected settlement April 20, 2026 and maturity on April 20, 2029. Coupons paid only if observation-date levels meet a coupon barrier; automatic early redemption occurs if the underlying equals/exceeds the initial level on any observation date. Principal repayment at maturity is contingent: full principal if the final level is at/above the downside threshold, otherwise repayment is reduced proportionally to the underlying return; investors may lose all principal. Estimated initial value per Note is $9.35–$9.60; minimum investment 100 Notes at $10 each.

UBS AG proposes an offering of Trigger Autocallable Contingent Yield Notes linked to the common stock of Netflix, Inc., with a stated maturity on April 20, 2029, as described in a Preliminary Pricing Supplement dated April 16, 2026. The Notes pay periodic contingent coupons only if the closing level of the underlying meets or exceeds a stated coupon barrier on observation dates (quarterly, beginning after six months) and will be automatically called 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 returned only if the final level is equal to or above a disclosed downside threshold; if the final level is below that threshold, repayment can be less than principal and may result in substantial or total loss of investment. The document shows illustrative terms including a $10 principal unit, an example contingent coupon rate of 7.68% per annum, an estimated initial value of $9.35–$9.60, and example downside payout of $3.60 per Note under an adverse scenario. The offering is subject to the final Offering Documents and the issuer's credit risk.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of ServiceNow, Inc. The notes have an expected trade date of April 16, 2026, settlement on April 20, 2026, a final valuation date of October 18, 2027, and maturity on October 20, 2027. Interest (a contingent coupon) is paid only if the underlying stock meets or exceeds the coupon barrier on observation dates; the notes are automatically called early if the underlying equals or exceeds the initial level on any observation date prior to maturity. If not called, principal repayment at maturity is contingent on the final level relative to the downside threshold and could result in a loss up to the full principal.

The preliminary pricing range shows an estimated initial value between $9.38 and $9.63 per $10 Note and a minimum purchase of 100 Notes ($1,000). Example terms include a hypothetical contingent coupon of 24.63% per annum (coupon amount $0.6158 per $10 note) and a downside threshold/coupon barrier at $70.00 (70.00% of the initial level). All payments remain subject to UBS credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Halliburton Company that mature April 20, 2028. The Notes pay contingent coupons only if the underlying's closing level on an observation date meets or exceeds the coupon barrier and may be automatically called earlier if the underlying reaches or exceeds the initial level on any observation date. If not called and the final level is below the downside threshold, principal repayment at maturity is reduced proportionally to the underlying return and investors could lose a significant portion or all of their investment. The Notes are unsecured obligations of UBS and any payment depends on UBS’s creditworthiness. Trade date is April 16, 2026, settlement April 20, 2026, final valuation date April 18, 2028, and maturity April 20, 2028. Minimum investment is 100 Notes at $10 per Note; the estimated initial value is $9.68.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of American Eagle Outfitters, Inc. due April 20, 2029. Each Note has a principal amount of $10; minimum purchase is 100 Notes (a $1,000 investment). The Notes pay a contingent coupon on each coupon payment date only if the closing level of the underlying stock on the applicable observation date is at or above the coupon barrier; otherwise no coupon is paid. The Notes are automatically called early if the underlying closing level on any quarterly observation date (beginning after six months) is at or above the initial level, in which case UBS pays principal plus any contingent coupon then due. If not called, 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 is reduced pro rata to the underlying return and you can lose a substantial portion or all of your investment. Trade date is April 16, 2026, settlement expected April 20, 2026, final valuation date April 18, 2029, and maturity April 20, 2029. The estimated initial value was $9.66 per Note. Any payment depends on UBS's creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Halliburton Company, with expected trade date April 16, 2026, settlement on April 20, 2026, final valuation date April 18, 2028 and maturity on April 20, 2028. Each Note has a principal amount of $10; minimum purchase is 100 Notes ($1,000). The Notes pay periodic contingent coupons only if the underlying stock meets coupon barriers on observation dates, can be automatically called early if the underlying reaches or exceeds the initial level on an observation date, and repay principal at maturity only if the final level is at or above the downside threshold. Investors face full downside market exposure if the final level is below the downside threshold and are exposed to UBS credit risk. The pricing shown is preliminary; the estimated initial value range is $9.38 to $9.63.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of American Eagle Outfitters, Inc., with a trade date of April 16, 2026, expected settlement on April 20, 2026 and maturity on April 20, 2029. The Notes pay contingent coupons only if the underlying stock meets a coupon barrier on specified observation dates and are automatically called if the underlying equals or exceeds the initial level on any quarterly observation date beginning about six months after trade date. If not called, principal is repaid at maturity only if the final level is at or above a disclosed downside threshold; otherwise repayment can be reduced proportionally to the underlying return, with the potential loss of the entire principal. The Notes are unsecured obligations of UBS and any payments are subject to UBS credit risk. The estimated initial value range is $9.28–$9.53 per $10 Note and the minimum investment is 100 Notes.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Chipotle Mexican Grill, Inc., maturing April 20, 2028. The Notes pay contingent coupons only if the underlying closing level on observation dates meets a coupon barrier and will be automatically called early if the underlying equals or exceeds the initial level on any prior observation date. 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 repayment is reduced proportionally to the underlying return, potentially resulting in a total loss. Trade date is April 16, 2026, settlement April 20, 2026, estimated initial value per Note $9.79, minimum investment 100 Notes ($1,000).

UBS AG offers a preliminary pricing supplement for $• Trigger Autocallable Contingent Yield Notes linked to the common stock of Chipotle Mexican Grill, Inc. The Notes have an approximate two-year term with Trade Date April 16, 2026, Settlement Date April 20, 2026, Final Valuation Date April 18, 2028 and Maturity Date April 20, 2028.

The Notes pay periodic contingent coupons only if the underlying closing level on an observation date meets or exceeds the coupon barrier; they autocall early if the underlying equals or exceeds 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 (example: $10 principal, downside threshold $70.00, or 70.00% of the initial level). If the final level is below the downside threshold, investors absorb the underlying loss and could lose most or all principal.

Minimum investment is 100 Notes ($1,000); the estimated initial value range is $9.44 to $9.69 per Note. Any payments depend on UBS's creditworthiness. This is a preliminary pricing supplement and final terms will be set on the trade date.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Broadcom Inc. stock due April 20, 2029. The Notes pay a contingent coupon only when the underlying closing level on an observation date is at or above the coupon barrier; they 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 principal is reduced proportionally to the underlying return and could be lost in full. Payments depend on UBS creditworthiness. Trade date is April 16, 2026, settlement April 20, 2026, final valuation date April 18, 2029, and maturity April 20, 2029. The estimated initial value per $10 Note is $9.72.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Snowflake Inc. stock. The Notes mature on April 20, 2029 with a final valuation date of April 18, 2029. They pay periodic contingent coupons only if the underlying closing level meets or exceeds a coupon barrier and will be automatically called early if the underlying equals or exceeds the initial level on any observation date. If not called, principal is repayable at maturity only if the final level is equal to or above a specified downside threshold; if the final level is below that threshold, repayment at maturity will be less than the principal amount and may result in a substantial or total loss. The Notes have a minimum investment of 100 Notes ($1,000) and an estimated initial value of $9.66 per Note as of the trade date.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Broadcom Inc. with an expected term of approximately three years and a principal amount per Note of $10. The offering is preliminary and final terms will be set on the trade date.

The Notes pay periodic contingent coupons only if the underlying stock meets coupon barriers on observation dates, may be automatically called early if the underlying meets the initial level, and repay principal at maturity only if the final level meets a downside threshold; otherwise investors face downside market exposure and credit risk of UBS.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Intel Corporation stock due April 20, 2029. The notes pay a contingent coupon on scheduled coupon dates only if the underlying closes at or above the coupon barrier on an observation date; otherwise no coupon is paid. The notes will be 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 is repaid at maturity only if the final level is at or above the downside threshold; otherwise principal is reduced pro rata to the underlying return and full loss of principal is possible. The notes are unsecured obligations of UBS and payments depend on UBS creditworthiness. Minimum investment is 100 notes at $10 per note. The estimated initial value on the trade date is $9.68.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Amazon.com, Inc., maturing April 20, 2028. The Notes may pay periodic contingent coupons only if the closing level of the underlying meets or exceeds the coupon barrier on each observation date. The Notes will be automatically called early if the underlying closes at or above the initial level on any observation date prior to the final valuation date; in that case UBS will pay principal plus any contingent coupon and the Notes will terminate. If the Notes are not called, principal repayment at maturity is contingent: if the final level is below the downside threshold, repayment is reduced pro rata to the underlying return and investors can lose a significant portion or all of their investment. The estimated initial value is $9.79 per Note, the principal amount is $10 per Note, and the minimum investment is 100 Notes ($1,000). Payments are subject to UBS credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Snowflake Inc. with a trade date of April 16, 2026, expected settlement on April 20, 2026 and maturity on April 20, 2029. The notes pay periodic contingent coupons only if the underlying meets a coupon barrier on observation dates, feature an automatic call 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 investors bear proportional downside to the underlying return.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Intel Corporation with a scheduled maturity on April 20, 2029. The notes pay a contingent coupon only when the underlying closing level meets or exceeds the coupon barrier on observation dates and are automatically called early if the underlying equals or exceeds the initial level on any quarterly observation (beginning after six months). If not called, repayment at maturity is contingent: investors receive full principal only if the final level is at or above the downside threshold; otherwise repayment at maturity is reduced pro rata to the underlying return, potentially resulting in a total loss of principal. Trade date and settlement are April 16, 2026 and April 20, 2026, respectively. The estimated initial value per $10 Note is between $9.36 and $9.61. The offering is subject to UBS credit risk and the final terms set on the trade date.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of Amazon.com, Inc. due on or about April 20, 2028. The notes pay contingent coupons only when the underlying closing level meets a coupon barrier and may be automatically called if the underlying reaches the initial level on an observation date.

The notes repay principal at maturity only if the final level is equal to or greater than the downside threshold; if the final level is below that threshold, investors suffer a principal loss equal to the underlying return. Estimated initial value on the trade date is between $9.44 and $9.69 per $10 Note. Minimum purchase is 100 Notes (a $1,000 investment). All payments depend on the creditworthiness of UBS.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of D.R. Horton, Inc. 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 is at or above the initial level. At maturity the principal is repaid only if the final level is at or above the downside threshold; otherwise principal is reduced pro rata to the underlying return and investors could lose a substantial portion or all of their investment. The Notes mature on April 20, 2028 and are subject to UBS credit risk.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Palantir Technologies Inc. stock due April 20, 2029. 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 any observation date. If not called and the final level is below the downside threshold, principal repayment at maturity is contingent and can result in a loss equal to the underlying return; in extreme cases you could lose your full investment. The offering lists a trade date of April 16, 2026, settlement April 20, 2026, final valuation date April 18, 2029, and maturity April 20, 2029. The Notes are offered in minimum increments of 100 Notes at $10 per Note (principal amount $10 per Note) and the document states an estimated initial value of $9.66 per Note as of the trade date.