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

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Delta Air Lines common stock maturing on or about April 4, 2029. Each Note has a $1,000 principal amount and may pay periodic contingent coupons only if the underlying stock meets specified observation-date barriers. Notes are subject to automatic early call if the underlying equals or exceeds the call threshold on an 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; in extreme cases you could lose your entire investment. All payments depend on UBS creditworthiness.

UBS AG is offering $400,000 of Trigger Autocallable Yield Notes linked to the common stock of First Solar, Inc., with a term to April 12, 2028. The Notes pay a fixed coupon of 14.50% per annum (paid monthly) and are callable monthly beginning after 12 months if the underlying equals or exceeds the call threshold of $192.31 (100% of the initial level). If not called and the final level is below the downside threshold of $105.77 (55% of the initial level), principal repayment at maturity is reduced in proportion to the underlying return; in extreme cases you could lose all principal. Payments depend on UBS creditworthiness; estimated initial value per Note was $989.50.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Snowflake Inc., maturing April 15, 2027. The Notes pay periodic contingent coupons only if the underlying closes at or above a coupon barrier on observation dates and are automatically called early if the underlying equals or exceeds the initial level on any observation date. If not called, principal repayment at maturity is contingent: full principal is paid only if the final level is at or above a downside threshold; otherwise repayment is reduced proportionally to the underlying return and you could lose all principal. Payments depend on UBS creditworthiness. Trade date April 13, 2026; settlement April 15, 2026; estimated initial value per Note $9.76; minimum purchase 100 Notes ($1,000).

The issuer UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Oracle Corporation common stock due April 16, 2029. Each Note has a $10 principal, an estimated initial value of $9.69, and a minimum purchase of 100 Notes ($1,000). Contingent coupons are paid only when the underlying closes at or above the coupon barrier on observation dates; the Notes are 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: full principal is returned only if the final level is at or above the downside threshold; if below, repayment equals $10 x (1 + underlying return), which can result in substantial loss up to total loss of principal. All payments are subject to UBS credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Snowflake Inc., maturing on or about April 15, 2027. The Notes pay periodic contingent coupons only if the underlying meets coupon barriers on observation dates and are 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: full principal is repaid only if the final level is at or above the downside threshold; otherwise repayment declines in direct proportion to the underlying return, potentially causing a total loss. Trade date and settlement are shown as April 13, 2026 and April 15, 2026. Minimum investment is 100 Notes at $10 per Note (≥ $1,000). The preliminary pricing supplement shows an estimated initial value range of $9.50–$9.75 and a hypothetical contingent coupon rate example of 20.13% per annum. All payments remain subject to UBS credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of CrowdStrike Holdings, Inc. The notes pay 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 stock 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 at or above the downside threshold, principal is repaid at maturity; if the final level is below the downside threshold, principal repayment is reduced in proportion to the underlying return, potentially resulting in a complete loss of principal. The notes mature April 16, 2029, any payments (coupons or principal) are contingent on UBS’s creditworthiness, and the estimated initial value on the trade date was $9.69 per $10 note.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Advance Auto Parts common stock maturing April 16, 2029. The Notes pay periodic contingent coupons only if the underlying's closing level on an observation date meets or exceeds a coupon barrier and may be automatically called early 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 the downside threshold; otherwise, repayment is reduced proportionally to the underlying return and you can lose a significant portion or all of your investment. All payments are subject to UBS credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Accenture plc stock due April 15, 2027. The Notes pay contingent coupons only if the underlying closing level meets the coupon barrier on observation dates and may be automatically called early if the underlying reaches the initial level.

If the Notes are not called and the final level is below the downside threshold, principal repayment at maturity is reduced proportionately to the underlying return, potentially causing loss of all principal. All payments depend on UBS's creditworthiness. Trade date is April 13, 2026, settlement April 15, 2026.

UBS AG files a preliminary pricing supplement offering Trigger Autocallable Contingent Yield Notes linked to Oracle Corporation stock due on or about April 16, 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 early 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 at or above the downside threshold the principal amount is returned; if below, repayment is reduced pro rata to the underlying return and investors could lose a significant portion or all of principal. Trade date is April 13, 2026 with expected settlement April 15, 2026; final valuation date is April 12, 2029.

UBS AG priced a preliminary offering for Trigger Autocallable Contingent Yield Notes linked to the common stock of CrowdStrike Holdings, Inc. The Notes have an expected trade date of April 13, 2026, expected settlement on April 15, 2026 and a maturity on April 16, 2029. Each Note has a principal amount of $10; repayment of principal at maturity is contingent on the underlying stock level relative to the downside threshold. The Notes pay periodic contingent coupons only if observation-date closing levels meet the coupon barrier and may be automatically called early if an observation-date closing level is at or above the initial level. Estimated initial value is shown as a range in the document.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Accenture plc. This preliminary pricing supplement dated April 13, 2026 describes notes with a trade date of April 13, 2026, expected settlement on April 15, 2026, a final valuation date of April 13, 2027 and expected maturity on April 15, 2027. The Notes pay periodic contingent coupons only if the underlying stock meets a coupon barrier on observation dates and feature an automatic call 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 investors may suffer significant losses, including loss of principal. The estimated initial value is shown as $9.45–$9.70 per $10 Note and the example contingent coupon rate is 19.27% per annum.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Advance Auto Parts, Inc. The Notes have an expected trade date of April 13, 2026, expected settlement April 15, 2026, a final valuation date of April 12, 2029 and expected maturity of April 16, 2029. Each Note has a principal amount of $10 and a minimum investment of 100 Notes ($1,000).

The Notes pay periodic contingent coupons only if the underlying's closing level on each observation date is at or above a coupon barrier; they automatically call if the underlying equals or exceeds the initial level on an observation date. If not auto‑called, principal repayment at maturity is contingent on the final level versus the downside threshold and could result in a loss equal to the underlying return; in extreme cases you could lose all principal. Estimated initial value is stated between $9.29 and $9.54 per Note. All payments are subject to UBS's creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Freeport-McMoRan Inc., maturing April 17, 2028. Each Note has a $10 principal amount and pays periodic contingent coupons only if the underlying closing level meets or exceeds a coupon barrier on observation dates. The Notes will be automatically called early if the underlying closes at or above the initial level on any observation date, in which case investors receive 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; otherwise repayment at maturity is reduced in proportion to the underlying return and investors can lose a substantial or all of their investment. Payments are subject to UBS credit risk. Trade date is April 13, 2026; expected settlement April 15, 2026; final valuation date April 12, 2028; maturity April 17, 2028.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Apollo Global Management, Inc. due April 16, 2029. 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 underlying equals or exceeds the initial level on any 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 the final level is below that threshold, repayment is reduced proportionally to the underlying return and investors could lose a significant portion or all principal. Payments are subject to UBS credit risk. Trade/settlement and final valuation/maturity dates are included in the terms.

UBS AG priced a preliminary pricing supplement dated April 13, 2026 for Trigger Autocallable Contingent Yield Notes linked to the common stock of Freeport-McMoRan Inc. The Notes have an expected trade date of April 13, 2026, settlement on April 15, 2026, a final valuation date of April 12, 2028 and a maturity date of April 17, 2028.

The Notes pay contingent periodic coupons only if the underlying closing level on each observation date is at or above a coupon barrier and are automatically called if the underlying closes at or above the initial level on any observation date prior to final valuation. If not called, repayment of principal at maturity is contingent on the final level being at or above a downside threshold; if the final level is below that threshold, investors suffer a loss equal to the percentage decline in the underlying and could lose their entire principal. The Notes are unsecured obligations of UBS and payments, including principal, are subject to UBS credit risk. The estimated initial value is shown as $9.42 to $9.67 per $10 Note.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Oracle Corporation common stock due April 16, 2029. The Notes pay periodic contingent coupons only when the underlying closes at or above a coupon barrier on observation dates. They are automatically called if the underlying closes at or above the initial level on any monthly observation date (beginning after six months). If not called, principal is repaid at maturity only if the final level is at or above a specified downside threshold; otherwise investors suffer a loss equal to the percentage decline in the underlying, possibly losing their entire investment. Payments depend on UBS creditworthiness. Trade date April 13, 2026; settlement April 15, 2026; final valuation April 12, 2029.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of Apollo Global Management, Inc. The preliminary pricing supplement dated April 13, 2026 sets trade and settlement expectations and describes contingent coupons, an automatic call feature, and contingent principal repayment at maturity tied to observation and final valuation dates.

The notes have a principal amount of $10 per Note, potential periodic contingent coupons only if observation-date levels meet the coupon barrier, and full downside market exposure at maturity if the final level is below the downside threshold; payments remain subject to UBS credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to NVIDIA Corporation common stock due April 16, 2029. The Notes pay a contingent coupon on each coupon payment date only if the underlying closing level on the applicable observation date is at or above the coupon barrier; 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 UBS will pay principal plus any contingent coupon on the applicable call settlement date. If the Notes are not called and the final level is at or above the downside threshold, principal is repaid at maturity; if the final level is below the downside threshold, principal repayment is reduced pro rata to the underlying return and you may lose a significant portion or all of your investment. Payments are subject to UBS credit risk. Trade date is April 13, 2026 with expected settlement April 15, 2026; final valuation date is April 12, 2029 and maturity is April 16, 2029. The Notes have a minimum investment of 100 Notes at $10 per Note and an estimated initial value of $9.67 as of the trade date.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Oracle Corporation, with a trade date of April 13, 2026, expected settlement on April 15, 2026, final valuation on April 12, 2029, and maturity on April 16, 2029. Each Note has a principal amount of $10; minimum investment is 100 Notes ($1,000). The Notes pay a periodic contingent coupon only if the underlying meets a coupon barrier on observation dates, and are automatically called if the underlying equals or exceeds the initial level on any monthly observation after six months. If not called, principal repayment at maturity is contingent on the final level relative to a downside threshold (example: $60.00, which is 60.00% of the initial level); a final level below that threshold can produce a loss of principal up to the full investment. The estimated initial value is between $9.37 and $9.62 per Note (example pricing); payments are subject to UBS credit risk. This preliminary pricing supplement supplements the product supplement and prospectus dated February 6, 2025.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Snowflake Inc. common stock due April 15, 2027. The Notes pay a contingent coupon only when the underlying closing level on an observation date meets or exceeds the coupon barrier; otherwise no coupon is paid. The Notes are automatically called early if the underlying closes at or above the initial level on any quarterly observation date beginning after six months, in which case holders receive principal plus any contingent coupon for that call date. If not called and the final level is below the downside threshold, holders suffer a loss equal to the percentage decline in the underlying and could lose their entire principal. Any payments depend on UBS's creditworthiness. Trade date is April 13, 2026 with settlement on April 15, 2026; final valuation and maturity dates are in April 2027. The offering has a $10 per Note principal amount, a minimum purchase of 100 Notes, and an estimated initial value of $9.75 per Note.

UBS AG priced a preliminary offering document for Trigger Autocallable Contingent Yield Notes linked to the common stock of NVIDIA Corporation due on or about April 16, 2029. The Notes pay periodic contingent coupons only if the underlying meets coupon barriers on observation dates and feature an automatic call if the underlying equals or exceeds the initial level on an observation date prior to maturity. If not called and the final closing 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 scenarios, investors could lose their entire investment.

The trade date and settlement are shown as April 13, 2026 and April 15, 2026. The Notes are offered in $10 denominations with an estimated initial value range of $9.37 to $9.62 per Note; final terms will be set on the trade date and payments are subject to UBS credit risk.

UBS AG intends to offer Trigger Autocallable Contingent Yield Notes linked to the common stock of Snowflake Inc. The preliminary pricing supplement dated April 13, 2026 sets a trade date of April 13, 2026, settlement on April 15, 2026, final valuation on April 13, 2027 and maturity on April 15, 2027. Each Note has a principal amount of $10 and a minimum purchase of 100 Notes ($1,000). Example terms show a hypothetical contingent coupon rate of 26.42% per annum and an estimated initial value range of $9.45 to $9.70 per Note. Coupons and principal repayment are contingent: periodic contingent coupons are paid only if the underlying meets the coupon barrier on observation dates; Notes will autocall if the underlying equals or exceeds the initial level on a quarterly observation (beginning after six months). If not autocalled, principal repayment at maturity is contingent on the final level relative to the downside threshold and is subject to UBS credit risk; investors may lose a significant portion or all of their investment.

UBS AG is offering $1,320,000 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 7, 2031. The notes pay a 13.90% per annum contingent coupon on each coupon payment date only if every underlying closes at or above its coupon barrier on the applicable observation date. UBS may call the notes monthly beginning after approximately six months; if called you receive principal plus any contingent coupon due on the call settlement date. If not called and the final level of any underlying asset is below its downside threshold (60% of initial level), the principal repayment may be reduced pro rata to the decline of the least performing underlying asset, possibly resulting in total loss.

The estimated initial value as of the trade date is $989.00 per $1,000 Note. Payments and principal are subject to UBS credit risk; the notes will not be listed on any exchange and secondary-market liquidity may be limited.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100, the Russell 2000 and the S&P 500. Each Note has a principal amount of $1,000, a contingent coupon rate of 12.90% per annum, trade date April 10, 2026, settlement April 15, 2026, monthly observation dates (callable after three months), final valuation March 10, 2028 and maturity March 15, 2028. If UBS does not call the Notes and the final level of any underlying asset is below its downside threshold (set at 70.00% of the initial level for each index), the cash payment at maturity may be less than principal, potentially resulting in loss of a significant portion or all of the initial investment. The estimated initial value per Note on the trade date was $991.00 and the issue price per Note is $1,000. All payments are subject to UBS credit risk and UBS may call the Notes at its discretion on any observation date beginning after three months.

UBS AG is offering $1,862,000 of Trigger Callable Contingent Yield Notes linked to the least performing of the Dow Jones Industrial Average®, Nasdaq-100® Technology Sector and the Russell 2000® Index. The notes have a contingent coupon of 14.35% per annum (fixed) payable only if each underlying is at or above its coupon barrier on each monthly observation date. Trade date is April 10, 2026, settlement April 15, 2026, final valuation April 10, 2031 and maturity April 16, 2031. Issue price is $1,000 per note; the estimated initial value is $961.20 per note. At maturity, if any underlying is below its 60% downside threshold, repayment will be reduced pro rata to the negative return of the least performing underlying asset; in extreme cases you could lose your entire principal. All payments are subject to UBS credit risk and UBS may call the notes at its election beginning after six months.

UBS AG London Branch is offering Digital S&P 500® Index‑Linked Medium‑Term Notes. Each note has a $1,000 face amount and a term expected to be between 16 and 18 months. The notes provide a 10.00% buffer (buffer level = 90.00%) and a capped cash payoff: if the final index level is at or above the buffer level you receive a maximum settlement amount (expected to be between $1,114.90 and $1,135.10 per $1,000). If the final index level is below the buffer, the cash payment declines and you lose approximately 1.1111% of face value for each 1.00% the index falls below the buffer; you could lose your entire investment. The estimated initial value on the trade date is expected to be between $967.00 and $997.00 per $1,000, which is less than the issue price. The notes are unsecured obligations of UBS, bear no interest, are not FDIC insured and have limited or no secondary market.

UBS AG offers Trigger Autocallable Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500 with a total issue amount of $1,280,000. The Notes pay a specified 10.50% per annum call return that increases on later observation dates and may be automatically called on listed monthly observation dates beginning after 12 months. If not called, principal repayment at maturity (April 16, 2031) is contingent: if every underlying’s final level is at or above its downside threshold (70.00% of initial level), UBS pays $1,000 per Note; if any underlying’s final level is below its downside threshold, payment equals $1,000×(1 + underlying return of the least performing underlying asset), which can result in substantial losses, including loss of the entire principal. All payments are subject to UBS credit risk and there may be little or no secondary market.

UBS AG offers $385,000 of Trigger Callable Contingent Yield Notes linked to the least performing of the Dow Jones Industrial Average®, the Nasdaq-100® Technology Sector and the Russell 2000® Index. The Notes pay a contingent coupon of 12.10% per annum on any 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 (not in part) on any monthly observation date beginning after three months. If not called, repayment at maturity depends on the least performing underlying asset versus its 60.00% downside threshold; a final shortfall can cause a principal loss, including total loss. Trade date is April 10, 2026, settlement April 15, 2026, final valuation April 10, 2028 and maturity April 13, 2028. The estimated initial value per Note was $987.10 and the issue price is $1,000 per Note.

UBS AG offers 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® Consumer Staples Select Sector SPDR® ETF, with a total issue size of $650,000 and a principal amount of $1,000 per Note. The Notes pay a contingent coupon of 10.20% per annum on any coupon payment date only if each underlying asset is at or above its coupon barrier on the related observation date; otherwise no coupon is paid.

The Notes are issuer-callable beginning after six months on monthly observation dates; if called UBS will pay principal plus any contingent coupon then due. If not called, repayment at maturity depends on the final performance of the least performing underlying asset versus its 60% downside threshold (principal repaid in full only if each underlying asset is at or above its downside threshold). Payments remain subject to UBS credit risk. Trade date is April 9, 2026 and maturity is April 15, 2031. The estimated initial value per Note is $980.30 and the issue price per Note is $1,000.

UBS AG is offering $7,516,000 in face amount of Digital S&P 500® Index-Linked Medium-Term Notes due June 14, 2028. Each $1,000 face amount pays no interest and returns either a capped $1,190.50 at maturity if the S&P 500® final level is at or above an 85.00% buffer of the initial level (initial level 6,824.66), or a downside-linked cash amount that exposes holders to full principal loss if the index declines more than 15.00% from the initial level. The estimated initial value was $997.20 per $1,000 face amount and the original issue price is 100.00%. The notes are unsecured obligations of UBS and are subject to issuer credit risk, limited liquidity, tax and withholding uncertainties, conflicts of interest with UBS affiliates acting as calculation agent and market makers, and other risks described herein.

UBS AG priced a preliminary offering for Trigger Callable Contingent Yield Notes linked to the least performing of the S&P 500®, Russell 2000® and shares of the State Street Technology Select Sector SPDR® ETF (XLK). Each Note has a $1,000 issue price per Note and a 13.75% per annum contingent coupon payable only if all underlyings meet coupon barriers on observation dates. The Notes are callable monthly by the issuer beginning after approximately three months; if not called, principal repayment at maturity depends on whether each underlying is at or above a 70.00% downside threshold. The estimated initial value range per Note is $951.60 to $981.60. The offering includes an underwriting discount of $6.50 per Note and proceeds to UBS of $993.50 per Note. The Notes are unsecured obligations of UBS and repayment is subject to UBS credit risk; holders may lose a significant portion or all principal if the least performing underlying falls below its downside threshold.

The issuer UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100® Technology Sector, the Russell 2000® and the S&P 500®. The offering size is $1,697,000 at an issue price of $1,000 per Note. Each Note pays a fixed contingent coupon of 11.40% per annum (equal to $9.50 per month on a $1,000 Note) only if, on an observation date, the closing level of each underlying asset is at or above its coupon barrier. UBS may call the Notes on monthly observation dates beginning after three months. If not called, at maturity on February 1, 2028 repayment of principal depends on the final levels: full principal is repaid only if every underlying asset is at or above its 70% downside threshold; otherwise repayment is reduced in proportion to the decline of the least performing underlying asset, and you could lose a substantial portion or all of your investment.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Micron Technology common stock. The Notes pay periodic contingent coupons only if the underlying stock closes at or above the coupon barrier on observation dates and may be automatically called 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 the downside threshold; otherwise, investors suffer a loss equal to the underlying return, potentially losing the entire principal. Trade date is April 10, 2026, settlement April 14, 2026, final valuation date April 12, 2028, and maturity April 17, 2028. Minimum investment is 100 Notes at $10 per Note; the estimated initial value as of the trade date is $9.77. All payments are subject to UBS credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Broadcom Inc. common stock due April 17, 2028. The Notes pay periodic contingent coupons only if the underlying closing level meets the coupon barrier on observation dates; they are subject to automatic early redemption if the underlying equals or exceeds the initial level on any quarterly observation (beginning ~6 months after trade). If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; if below, repayment falls by the underlying return, possibly causing a substantial or total loss. Payments are unsecured obligations of UBS and depend on UBS creditworthiness. Trade date is April 10, 2026; settlement April 14, 2026; final valuation April 12, 2028; maturity April 17, 2028. Minimum investment is 100 Notes at $10 per Note; estimated initial value was $9.77.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Micron Technology, Inc. due on or about April 17, 2028. The Notes pay periodic contingent coupons only when the underlying stock meets the coupon barrier on observation dates and are subject to an automatic call if the underlying equals or exceeds the initial level on an observation date prior to the final valuation date.

The Notes have a $10 principal amount per Note, a minimum investment of 100 Notes ($1,000), an expected trade date of April 10, 2026 and expected settlement on April 14, 2026. The preliminary pricing supplement shows an estimated initial value between $9.42 and $9.67 per Note and example terms including a contingent coupon rate of 22.98% per annum (contingent coupon $0.5745 per $10 Note) and a downside threshold at 50.00% of the initial level ($50.00). If the Notes are not called and the final level is below the downside threshold, repayment at maturity may be less than the principal, with losses equal to the underlying return.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Broadcom Inc. The notes have a principal amount of $10 per note, an expected term of approximately two years, a trade date of April 10, 2026, a final valuation date of April 12, 2028, and a maturity date of April 17, 2028. The notes pay a contingent coupon only when the underlying closes at or above a specified 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 about six months after issuance. If not called, principal repayment at maturity is contingent: full principal is paid if the final level is at or above the downside threshold; otherwise repayment is reduced pro rata to the underlying return, which can result in substantial loss up to the entire principal. The estimated initial value range is $9.47 to $9.72 per note and the minimum investment is 100 notes ($1,000). All payments are subject to the creditworthiness of UBS.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of GE Vernova Inc. The Notes pay a contingent coupon only if the underlying's closing level meets or exceeds a coupon barrier on each observation date and may be automatically called quarterly beginning after six months. At maturity, if not called and the final level is at or above the downside threshold, UBS will repay the $10 principal; if the final level is below the downside threshold, repayment will be reduced proportionally to the underlying return, which could result in a substantial loss or total loss of principal. Trade date is April 10, 2026, expected settlement April 14, 2026, final valuation date April 12, 2028, and maturity April 17, 2028. The estimated initial value per Note is $9.71, minimum investment 100 Notes ($1,000). All payments are subject to UBS credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of GE Vernova Inc. The notes pay periodic contingent coupons only if the underlying meets a coupon barrier on observation dates and may be automatically called quarterly if the underlying meets or exceeds the initial level. At maturity the principal is contingent: if the final level is below the downside threshold, holders suffer a loss equal to the underlying return (potentially a total loss). The notes mature on April 17, 2028 and are subject to UBS credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of GE Vernova Inc. via a preliminary pricing supplement dated April 10, 2026, with expected maturity on or about April 17, 2028. The Notes pay a contingent coupon only if the underlying closes at or above a coupon barrier on scheduled observation dates and are subject to an automatic call 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: full principal is paid only if the final level is at or above the downside threshold; if below, repayment is reduced pro rata by the underlying return and investors can lose a significant portion or all principal. The Notes are unsecured obligations of UBS and payments are subject to UBS’s creditworthiness. Minimum investment is 100 Notes ($1,000). The estimated initial value range is $9.41 to $9.66 per Note. This document is subject to completion.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of GE Vernova Inc. The notes mature on April 17, 2028 with a final valuation date of April 12, 2028. The trade date is April 10, 2026 and expected settlement is April 14, 2026. The notes pay periodic contingent coupons only if the underlying closes at or above a coupon barrier on observation dates; they are subject to an automatic call if the underlying closes at or above the initial level on any quarterly observation date beginning after six months. If not called, principal repayment at maturity is contingent: full principal is payable only if the final level is at or above the downside threshold; otherwise repayment will be reduced proportionally to the underlying return, potentially resulting in a loss of all principal. Minimum investment is 100 notes ($1,000). The estimated initial value on the trade date is expected to be between $9.49 and $9.74 per note. All payments are subject to the creditworthiness of UBS AG.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to CrowdStrike Holdings, Inc. stock due April 17, 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 closing level on any quarterly observation date (beginning after six months) is equal to or greater than the initial level. If not called, principal repayment at maturity depends on the final level relative to a downside threshold; if the final level is below that threshold, repayment is reduced pro rata and you can lose a substantial portion or all of your investment. Trade date is April 10, 2026, settlement April 14, 2026, final valuation date April 12, 2028, and maturity April 17, 2028. The Notes are unsecured obligations of UBS and any payment is subject to UBS credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of CrowdStrike Holdings, Inc. The notes have a principal amount of $10 per Note and a maturity date of April 17, 2028. The issuer will pay a contingent coupon on each coupon payment date only if the underlying closing level on the applicable observation date is equal to or greater than the coupon barrier; otherwise no coupon is paid. The notes will be automatically called if the underlying closing level on any quarterly observation date (beginning after six months) is equal to or greater than the initial level. If not called, repayment at maturity depends on the final level relative to the downside threshold; if the final level is below that threshold, repayment may be less than principal and could result in a loss of some or all principal. Trade date is April 10, 2026 and expected settlement is April 14, 2026. The document is a preliminary pricing supplement dated April 10, 2026 and states the estimated initial value range of the Notes as $9.49 to $9.74.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the least performing of the Russell 2000® Index and the S&P 500® Index due on or about April 18, 2031. The Notes pay periodic contingent coupons only if both indices meet coupon barriers on quarterly observation dates and may be automatically called beginning about six months after issuance. If not called, principal is repaid at maturity only if both indices finish at or above a 70.00% downside threshold; otherwise investors suffer a loss equal to the negative return of the least performing index and could lose their entire investment. The issue price exceeds the estimated initial value and payments are subject to UBS credit risk.

UBS AG London Branch is offering $4,900,000 of Contingent Income Auto-Callable Securities with Memory Coupon due April 12, 2029, linked to the worst performing of Marvell Technology, Inc. common stock and TSMC American Depositary Receipts. Each security has a stated principal of $1,000 and an initial issue price of $1,000. Investors are eligible for a contingent payment of $123.75 per security (equivalent to 24.75% per annum) on specified contingent payment dates only if the closing prices of both underlyings meet the coupon barrier levels (60% of the initial prices) on the related determination dates. The securities pay no guaranteed interest or principal and expose holders to UBS credit risk; at maturity holders may receive less than principal if the worst performing underlying is below its 50% downside threshold. The offering includes a memory coupon feature, automatic early redemption if both underlyings meet call thresholds, limited secondary market liquidity, and estimated initial value below issue price.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of Micron Technology, Inc. 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 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; if the final level is below that threshold, repayment declines dollar-for-dollar with the underlying return and investors could lose a substantial portion or all of their principal. Payments are unsecured obligations of UBS and depend on UBS's creditworthiness.

UBS AG is offering $810,000 in Trigger Autocallable Contingent Yield Notes linked to the common stock of GE Vernova Inc. The Notes pay periodic contingent coupons only if the underlying stock closes at or above a coupon barrier on observation dates; otherwise no coupon is paid. The Notes may be automatically called quarterly (beginning ~6 months after trade) if the underlying closes at or above the initial level, in which case holders receive principal plus any contingent coupon due on the call settlement date.

If not called, repayment of principal at maturity on April 13, 2029 is contingent: full principal is paid only if the final level is at or above the downside threshold (stated as $50.00, or 50.00% of the initial level); if below, holders suffer a loss equal to the underlying return and could lose their entire investment. The Notes carry issuer credit risk of UBS and an estimated initial value of $9.77 per $10 Note.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Rivian Automotive, Inc. stock due April 13, 2027. The Notes pay a periodic contingent coupon only if the underlying closing level on each observation date meets or exceeds a coupon barrier and will be automatically called early if the underlying closes at or above the initial level on any observation date. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; otherwise repayment at maturity is reduced pro rata to the underlying return and you may lose a substantial portion or all of your investment. Payments (coupons or principal) are subject to UBS credit risk. The estimated initial value on the trade date is $9.83 per Note and minimum investment is 100 Notes at $10 per Note.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Boston Scientific Corporation due April 13, 2029. The Notes pay a contingent coupon only when the underlying closing level on an observation date is at or above the coupon barrier and may be automatically called early if the underlying closes at or above the initial level on any prior 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 substantial or total loss of your investment. The Notes have a minimum purchase of 100 Notes ($1,000), an estimated initial value of $9.76 per $10 Note, and are unsecured obligations of UBS subject to UBS credit risk.

UBS AG offers $3,094,000 Trigger Autocallable Contingent Yield Notes linked to the common stock of Eli Lilly and Company, due April 13, 2029. The Notes pay a periodic contingent coupon only if the closing level of the underlying on each observation date meets or exceeds the coupon barrier; otherwise no coupon is paid. The Notes are automatically called early if the underlying’s closing level on any quarterly observation date (beginning after 6 months) is equal to or greater than the initial level, in which case holders receive principal plus any contingent coupon on the related coupon payment date. If not called, repayment at maturity depends on the final level: full principal is paid if the final level is at or above the downside threshold, but principal is reduced proportionally to the underlying return if the final level is below that threshold; investors could lose a significant portion or all of their investment. Key dates: trade date April 9, 2026, expected settlement April 13, 2026, final valuation date April 11, 2029, maturity April 13, 2029. The estimated initial value per Note was $9.75, and any payment is subject to UBS credit risk and to product terms subject to postponement in the event of a market disruption event.