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

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Microsoft common stock with a final maturity of July 12, 2027. 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.

If the underlying closes at or above the initial level on an observation date prior to maturity, the Notes will be automatically called and you receive principal plus any contingent coupon then due. If not called and the final level is below the downside threshold, repayment at maturity will be less than principal and may reflect the full percentage decline in the underlying, potentially resulting in loss of the entire investment. All payments are subject to UBS credit risk. Trade date: July 8, 2026; settlement: July 10, 2026; final valuation date: July 8, 2027.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Caterpillar Inc. common stock due July 10, 2029. The Notes pay contingent coupons only when the underlying closing level on observation dates meets or exceeds a coupon barrier and may be automatically called quarterly (beginning ~6 months) if the closing level meets or exceeds the initial level.

If not called, principal repayment at maturity is contingent: full principal is paid only if the final level is at or above the downside threshold; otherwise repayment is reduced proportionally to the underlying return and investors could lose a substantial portion or all of their principal. Any payments depend on UBS creditworthiness. The estimated initial value was $9.68 per $10 Note and the minimum purchase is 100 Notes.

UBS AG is offering preliminary Trigger Autocallable Contingent Yield Notes linked to the common stock of Microsoft Corporation, with a trade date of July 8, 2026, expected settlement on July 10, 2026, a final valuation date of July 8, 2027 and expected maturity on July 12, 2027. Each Note has a principal amount of $10 and pays periodic contingent coupons only if the underlying meets coupon barriers on observation dates; the Notes may be automatically called early if the underlying reaches the initial level on an observation date. If not called, principal is repaid at maturity only if the final level is equal to or above the downside threshold; otherwise principal is reduced proportionally to the underlying return, and investors may lose a significant portion or all of their investment. Estimated initial value on the trade date is between $9.48 and $9.73. Minimum investment is 100 Notes ($1,000). The repayment of any amount is subject to the creditworthiness of UBS AG.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Caterpillar Inc., with a term to maturity of approximately three years. The Notes pay contingent coupons only when the underlying closing level meets a coupon barrier and may be automatically called quarterly if the underlying meets the initial level. Principal repayment at maturity is contingent: if the final level is below the downside threshold you may receive less than the principal amount, potentially losing a significant portion or all of your investment. Trade date is July 8, 2026, settlement July 10, 2026, final valuation date July 6, 2029, and maturity July 10, 2029. The Notes have a $10 principal amount per Note, minimum purchase 100 Notes, and an estimated initial value range of $9.38 to $9.63 as of the trade date.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to NVIDIA Corporation due July 10, 2029. The Notes pay a contingent coupon on each coupon payment date only if the closing level of NVIDIA on the applicable observation date is equal to or above the coupon barrier; otherwise no coupon is paid. The Notes will be automatically called early if the 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 then due.

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 principal; if it is below the downside threshold you receive an amount equal to $10 x (1 + Underlying Return), which can result in a loss up to the full principal. All payments, including any contingent coupons or principal, are subject to UBS's creditworthiness. Trade and settlement: July 8, 2026 (trade), July 10, 2026 (settlement). Final valuation and maturity dates: July 6, 2029 and July 10, 2029. The estimated initial value was $9.72 per Note; minimum investment is 100 Notes ($1,000).

UBS AG is offering $7,140,000 of Airbag Autocallable Yield Notes linked to the common stock of an underlying issuer, maturing July 12, 2027. The Notes pay a coupon on each coupon payment date unless automatically called. If an observation date prior to the final valuation date shows the underlying at or above the initial level, UBS will automatically call the Notes and repay principal plus the coupon for that period. If not called, at maturity UBS will either repay principal plus coupon if the final level is at or above the conversion level, or deliver a share delivery amount (principal divided by the conversion level) plus any fractional-share cash, which may be worth less than principal. Coupon rate shown in examples is 12.60% per annum with a monthly coupon of $10.50; the estimated initial value per Note on the trade date was $981.70. All payments are subject to UBS credit risk and the contingent nature of principal repayment.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of NVIDIA Corporation, with a trade date of July 8, 2026 and a maturity date of July 10, 2029. These preliminary notes pay a contingent coupon only when the underlying closes at or above the coupon barrier on observation dates, are subject to automatic early call if the underlying meets 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 pro rata to the underlying return.

The notes are unsecured obligations of UBS and principal and any contingent coupon are subject to UBS's creditworthiness. The preliminary pricing supplement shows an estimated initial value range of $9.36–$9.61 per $10 note and illustrative contingent coupon math used in examples in this supplement.

UBS AG is offering Airbag Autocallable Yield Notes linked to the common stock of the underlying company with a term of approximately one year. The notes pay a coupon on each coupon payment date unless the notes are automatically called following an observation date.

If an automatic call occurs, UBS will repay principal plus the coupon on the related coupon payment date and the notes will terminate. If not called and the final level is at or above the conversion level, UBS will repay principal at maturity plus the final coupon. If not called and the final level is below the conversion level, UBS will deliver a share delivery amount per note (with cash for any fractional share), which may be worth less than principal, causing loss of some or all of the investment. Payments are subject to UBS credit risk. Trade date, settlement, valuation and maturity dates are shown in the pricing supplement 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 Micron Technology, Inc. The Notes mature on July 10, 2028 and may be automatically called early if the underlying stock’s closing level on any observation date is equal to or greater than the initial level. Contingent coupons are payable only when the closing level on an observation date is at or above the coupon barrier; otherwise no coupon is paid for that period. If not called and the final level is below the downside threshold, principal repayment at maturity is reduced proportionally to the underlying return, possibly resulting in a substantial loss or total loss of principal. The Notes have a principal amount of $10 per Note, an estimated initial value of $9.68 per Note as of the trade date, and are offered in minimum increments of 100 Notes. Payments on the Notes depend on UBS’s creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Micron Technology, Inc. with a term to about July 10, 2028. The Notes pay periodic contingent coupons only if the underlying closes at or above a coupon barrier on observation dates and can be automatically called early if the underlying closes at or above the initial level on any prior observation date. At maturity, if not called, principal repayment is contingent: full principal is paid only if the final level is at or above the downside threshold; otherwise principal is reduced proportionally to the underlying return and investors could lose a significant portion or all of their investment. The example terms show a $10 principal per Note, an estimated initial value range of $9.37–$9.62, a minimum investment of 100 Notes ($1,000), and illustrative contingent coupon metrics including a 37.47% per annum contingent coupon rate in the hypothetical examples. All payments are subject to UBS credit risk.

UBS AG is offering Capped Leveraged Buffered S&P 500® Index‑Linked Medium‑Term Notes that are non‑interest bearing and whose cash settlement at maturity (for each $1,000 face amount) depends on the S&P 500® Index performance measured from the trade date to a determination date expected 19 to 22 months after the trade date. The notes provide 130.00% upside participation on positive index returns subject to a cap (cap level expected between 115.88% and 118.68% of the initial level) and a maximum settlement amount expected between $1,206.44 and $1,242.84. They include a 10.00% buffer (buffer level = 90.00% of initial), with losses of ~1.1111% of face amount per 1% index decline below the buffer. The estimated initial value range is $967.30 to $997.30 per $1,000 face amount. The notes are unsecured obligations of UBS, not FDIC insured, not listed, and subject to UBS credit risk and specified tax and regulatory risks. Terms are "subject to completion" and many final values (trade date, initial underlier level, cap level, maximum settlement amount, aggregate amount) will be set on the trade date.

UBS AG is offering Capped Leveraged Buffered S&P 500® Index‑Linked Medium‑Term Notes that mature in a term expected to be between 23 and 26 months. Each note has a $1,000 face amount and no interest. Investors receive a cash settlement at maturity linked to the S&P 500® closing level on a determination date.

The notes provide an upside participation rate of 150.00% subject to a cap (cap level expected between 111.85% and 113.90%) and a maximum settlement amount (expected between $1,177.75 and $1,208.50 per $1,000 face). The notes include an 80.00% buffer: if the final underlier level is above the buffer you receive at least principal; if below the buffer you incur leveraged losses (1.25% loss per 1% below the buffer) and could lose your entire investment.

UBS AG London Branch offers $29,550,000 of Capped Leveraged Buffered S&P 500® Index‑Linked Medium‑Term Notes due October 8, 2027. Each $1,000 face note has an upside participation rate of 150.00%, a cap level of 109.82% (maximum settlement $1,147.30 per $1,000) and a 10.00% buffer (buffer level 6,783.687). The initial underlier level is 7,537.43 (trade date July 6, 2026), the estimated initial value is $985.50 per $1,000, and the issue price is 100.00% of face amount (underwriting discount 1.25%). The notes do not bear interest, are unsecured obligations of UBS and may result in a total loss of principal; payments depend on the final S&P 500® closing level on the determination date and on UBS creditworthiness.

UBS AG is offering Trigger Callable Contingent Yield Notes due June 12, 2028 linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500 indices. The notes pay a 12.35% per annum contingent coupon only if each index is at or above its coupon barrier on an observation date; otherwise no coupon is paid. UBS may call the notes in whole on monthly observation dates beginning after three months. At maturity, if any index is below its 70.00% downside threshold, repayment of principal is reduced pro rata by the negative return of the least performing index, potentially causing a substantial or total loss. The issue price is $1,000 per note, aggregate offered $2,435,000, and the estimated initial value per note was $989.90.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the S&P 500® Index, the Russell 2000® Index and the Nasdaq-100® Technology Sector. The notes pay a contingent coupon of 9.10% per annum when each underlying meets its coupon barrier and are callable by UBS monthly beginning after approximately three months.

The notes have a $1,000 principal amount per note, an estimated initial value range of $944.20 to $974.20 and an issue price of $1,000. The underwriter discount may be up to $22.25 per note and the disclosed minimum proceeds per note to UBS are $977.75. If any underlying’s final level is below its 60.00% downside threshold, maturity repayment will be reduced by the percentage decline of the least performing underlying asset; in extreme cases, holders could lose their entire principal.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Dow Jones Industrial Average, the Russell 2000 Index and shares of the State Street Technology Select Sector SPDR ETF. Each Note has a Principal Amount of $1,000, a contingent coupon rate of 13.70% per annum and an expected term of approximately 42 months. Contingent coupons are payable only when each underlying asset is at or above its coupon barrier on an observation date; downside principal protection applies only at maturity and is contingent on each underlying asset remaining at or above its downside threshold. The Notes are issuer-callable (beginning after six months). Estimated initial value per Note is between $952.80 and $982.80 on the trade date. Payments on the Notes are subject to UBS credit risk; holders may lose a significant portion or all of their investment if the least performing underlying asset falls below its downside threshold.

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, a contingent coupon rate of 11.65% per annum (contingent coupon shown as $9.7083), and is callable by UBS beginning after three months. Observation dates are monthly; the final valuation date is June 12, 2028 and maturity is June 16, 2028. Coupon payments are made only if the closing level of each underlying asset meets or exceeds a coupon barrier (70% of initial level). At maturity, if any underlying asset is below its downside threshold (60% of initial level), repayment of principal is reduced pro rata by the negative return of the least performing underlying asset, which could result in a significant loss or total loss of principal. The estimated initial value range is $940.70 to $970.70; issue price includes underwriting compensation (up to $22.25 per Note) and proceeds to UBS are at least $977.75 per Note. Any payments on the Notes are subject to UBS credit risk.

UBS AG is offering $835,000 of Trigger Callable Contingent Yield Notes with Memory Interest linked to the least performing of the Dow Jones Industrial Average®, the Russell 2000® Index and the EURO STOXX 50® Index. The Notes pay a 9.25% per annum contingent coupon if, on an observation date, the closing level of each underlying asset is at or above its coupon barrier; missed coupons can be paid later under a memory feature. UBS may call the Notes in whole on monthly observation dates beginning after 12 months. At maturity, if any underlying asset’s final level is below its downside threshold (60% of its initial level), repayment can be less than principal, and the holder can suffer partial or total loss of principal. Payments depend on UBS’s creditworthiness. Trade Date: July 7, 2026; Settlement Date: July 10, 2026; Final Valuation Date: July 7, 2031; Maturity Date: July 10, 2031.

The issuer UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500. The Notes pay a periodic contingent coupon (11.90% per annum) only if each index meets its coupon barrier on an observation date, are issuer-callable beginning after three months, and repay principal at maturity only if each index is at or above its downside threshold; otherwise repayment falls with the least performing underlying asset. Trade date and settlement are expected July 14, 2026 and July 17, 2026, with expected maturity on July 19, 2029. The estimated initial value range is $956.90 to $986.90 per Note; the issue price is $1,000. Investing exposes holders to index market risk, issuer credit risk, limited upside (coupons only), potential loss of principal and limited liquidity.

UBS AG is offering $2,798,000 of Trigger Callable Contingent Yield Notes linked to the least performing of the Russell 2000®, the Nasdaq-100® Technology Sector and the Dow Jones Industrial Average®, maturing July 12, 2028. The Notes pay a contingent coupon of 12.50% per annum on coupon dates only if each underlying asset is at or above its coupon barrier; otherwise no coupon is paid. UBS may call the Notes early in whole on specified call dates; if not called, principal repayment at maturity depends on the final level of the least performing underlying asset relative to its downside threshold (60.00% of initial level), exposing holders to a potential substantial or total loss of principal. The issue price is $1,000 per Note, the estimated initial value was $989.30, and proceeds to UBS are shown as $2,778,414.

UBS AG is offering Callable Contingent Interest Barrier Notes linked to the least performing of the Russell 2000® Index and the S&P 500® Index. The notes pay a fixed $7.75 contingent interest per note on an interest payment date only if the closing level of each underlying asset on the related observation date is at or above its interest barrier. UBS may call the notes in whole on any interest observation date (other than the valuation date); if called you receive principal plus any contingent interest then due. If not called, at maturity you receive $1,000 per note only if each underlying asset’s final level is at or above its trigger level; otherwise your payment equals $1,000 × (1 + underlying return of the least performing underlying asset), which can result in a substantial loss, including a 100% loss of principal. Key dates include strike date July 7, 2026, trade date July 8, 2026, valuation date January 7, 2028 and maturity date January 12, 2028. The issue price is $1,000 per note, estimated initial value is between $961.90 and $991.90, and placement agents receive an underwriting fee of $5.00 per $1,000.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Snowflake Inc., maturing on July 9, 2029. The notes pay periodic contingent coupons only if the underlying closing level on an observation date is at or above the coupon barrier and will be automatically called early if the underlying closes at or above the initial level on any observation date prior to the final valuation date. If not called, 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, principal repayment is reduced pro rata, and investors may lose a significant portion or all of their investment. Trade and settlement are expected on July 7, 2026 and July 9, 2026, respectively, with final valuation on July 5, 2029. Minimum purchase is 100 Notes at $10 per Note; the issuer's estimated initial value was $9.69. The document highlights material credit risk of UBS, liquidity and secondary market considerations, and illustrative terms including a hypothetical 27.71% per annum contingent coupon and a downside threshold equal to $60.00 (60% of the initial level).

The issuer, UBS AG, is offering Trigger Autocallable Contingent Yield Notes linked to Comcast Corporation Class A common stock maturing on July 9, 2029. The Notes pay periodic contingent coupons only if the underlying 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 quarterly observation date (beginning after six months). If not called, principal repayment at maturity is contingent: full principal is paid only if the final level is at or above the downside threshold; otherwise the cash payment equals $10 × (1 + underlying return), exposing investors to the underlying's negative return and possible total loss. The Notes have a minimum investment of 100 Notes ($1,000) and an estimated initial value of $9.65 per Note as of the trade date.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Advanced Micro Devices, Inc. The offering size shown is $790,000. The Notes pay periodic contingent coupons only if the underlying stock closes at or above a coupon barrier on specified observation dates and may 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 repayment at maturity depends on the final level versus a downside threshold; if the final level is below that threshold the cash payment per Note will be less than the principal amount, and investors can suffer substantial losses, including loss of all principal. Key terms include trade date July 7, 2026, settlement date July 9, 2026, final valuation date July 6, 2028, and maturity date July 10, 2028. The estimated initial value on the trade date is $9.82 per Note and the minimum investment is 100 Notes at $10 per Note.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Newmont Corporation common stock due July 10, 2028. The Notes pay periodic contingent coupons only if the underlying closing level meets the coupon barrier on observation dates and can 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 returned only if the final level is at or above the downside threshold; otherwise repayment is reduced proportionally to the underlying return, and investors could lose a substantial portion or all principal. Payments depend on UBS creditworthiness. Trade date is July 7, 2026, settlement July 9, 2026, final valuation date July 6, 2028.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Snowflake Inc. stock due on or about July 9, 2029. The Notes pay contingent coupons only if the underlying meets specified observation-date barriers, are automatically called if the stock equals or exceeds the initial level on an observation date, and repay contingent principal at maturity only if the final level is at or above a downside threshold. The Notes are unsecured obligations of UBS and principal and any coupons are subject to UBS credit risk. Trade date is July 7, 2026 with settlement on July 9, 2026. The estimated initial value per Note is between $9.34 and $9.59. Investing involves significant risk, including possible loss of most or all principal.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the Class A common stock of Comcast Corporation, with a scheduled maturity of July 9, 2029. The notes pay periodic contingent coupons only if the underlying equity meets a coupon barrier on observation dates, are subject to quarterly automatic calls beginning ~6 months after issuance, and repay principal at maturity only if the final underlying level is at or above a stated downside threshold; otherwise principal is reduced pro rata to the underlying return.

The trade date is July 7, 2026 with settlement on July 9, 2026. Notes are sold in minimum increments of 100 Notes at $10 per Note and the estimated initial value range on the trade date is between $9.25 and $9.50. Any payments, including principal, depend on UBS's creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Valero Energy Corporation due July 10, 2028. The Notes pay contingent coupons only when the underlying closes at or above a coupon barrier on observation dates and are automatically called if the underlying closes at or above the initial level on any observation date prior to maturity. If not called, 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, investors suffer a loss equal to the underlying return and could lose all principal. The Notes have a $10 principal amount per Note, an estimated initial value of $9.84, and minimum purchase of 100 Notes. All payments are subject to UBS's creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to NVIDIA common stock due July 10, 2028. The Notes pay contingent coupons only if the underlying's closing level on an observation date meets or exceeds a coupon barrier and are automatically called if the underlying meets or exceeds the initial level on any interim 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; otherwise repayment declines in direct proportion to the underlying return and investors can lose a substantial portion or all principal.

The Notes are unsecured obligations of UBS AG, carry issuer credit risk, are offered in $10 increments with a principal amount per Note of $10, and have an estimated initial value of $9.86 as of the trade date. Key dates include trade date July 7, 2026, settlement July 9, 2026, final valuation date July 6, 2028, and maturity July 10, 2028. Example terms show a contingent coupon rate of 15.31% per annum and a downside threshold and coupon barrier equal to $65.00 (65% of the initial level).

The issuer UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Eli Lilly and Company maturing on July 10, 2028. The Notes pay a contingent coupon only when the underlying closing level on an observation date is at or above the coupon barrier and will be automatically called early if the underlying closes at or above the initial level on any observation date prior to the final valuation date. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; otherwise principal is reduced in proportion to the underlying return, and investors could lose part or all of their investment. Trade and settlement are expected on July 7, 2026 and July 9, 2026, with final valuation on July 6, 2028.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Advanced Micro Devices, Inc. The Notes have a principal amount of $10 per Note, a trade date of July 7, 2026, expected settlement on July 9, 2026, a final valuation date of July 6, 2028, and a maturity date of July 10, 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 if the underlying closes at or above the initial level on any observation date. If not called, principal repayment at maturity is contingent on the final level relative to the downside threshold; if the final level is below that threshold, holders suffer a loss tied to the underlying return. Payments are subject to UBS's creditworthiness. The estimated initial value range is $9.44 to $9.69 per Note and minimum investment is 100 Notes.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Newmont Corporation stock due on or about July 10, 2028. The Notes pay periodic contingent coupons only when the underlying equity 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 an observation date. If not called, repayment at maturity is contingent: if the final level is below the downside threshold, principal is reduced pro rata to the underlying return, possibly resulting in significant or total loss. The trade date is July 7, 2026 with expected settlement July 9, 2026. Minimum investment is 100 Notes at $10 per Note. Any payments depend on UBS’s creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Valero Energy Corporation due on or about July 10, 2028. The Notes pay periodic contingent coupons only if the underlying closes at or above a coupon barrier and include an automatic early-call 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 payable if the final level is at or above a 65.00% downside threshold; otherwise payment is reduced pro rata to the underlying return, potentially wiping out the investment. Trade date and settlement are July 7, 2026 and July 9, 2026. The Notes are unsecured obligations of UBS and any payments are subject to UBS's creditworthiness. The example terms show a $10 principal, an illustrative contingent coupon rate of 12.12% per annum and an estimated initial value range of $9.47–$9.72.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to CrowdStrike Holdings, Inc. with a final maturity of July 10, 2028. The Notes pay a contingent coupon on each coupon payment date only if the underlying stock's 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 early if the underlying's 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 call settlement date. At maturity, if the Notes are not called and the final level is below the downside threshold, repayment will be reduced in proportion to the underlying return and investors could lose a significant portion or all of their initial investment. The Notes trade on a minimum investment of 100 Notes at $10 per Note; the estimated initial value on the trade date is $9.80. Purchasers are exposed to market risk tied to CrowdStrike's stock and to UBS credit risk; payments are contingent on both market outcomes and UBS's ability to pay.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of NVIDIA Corporation, with a trade date of July 7, 2026, expected settlement on July 9, 2026 and maturity on July 10, 2028. The Notes pay a periodic contingent coupon only when the underlying closes at or above a coupon barrier on observation dates and will be automatically called if the underlying closes at or above the initial level on any observation date prior to the final valuation date. If not called, 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 proportionally to the underlying return and investors can lose a large portion or all of principal. The Notes are unsecured obligations of UBS and any payments depend on UBS's creditworthiness. The preliminary pricing supplement states an estimated initial value range of $9.49–$9.74 per Note and uses a $10 principal amount example.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Ford Motor Company maturing on July 9, 2029. The Notes pay a contingent coupon on each coupon payment date only if the underlying closing level on the applicable observation date meets or exceeds the coupon barrier; otherwise no coupon is paid.

The Notes are automatically called early if any quarterly observation date (beginning after six months) has a closing level equal to or greater than the initial level, in which case UBS pays principal plus any contingent coupon on the related call settlement date. If not called, repayment at maturity depends on the final level versus the downside threshold; if the final level is below the downside threshold, principal is reduced pro rata to the underlying return, potentially causing a substantial or total loss. The offering requires a minimum investment of 100 Notes ($1,000) and the estimated initial value as of the trade date is $9.66 per $10 Note. All payments are subject to UBS credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Eli Lilly and Company with a trade date of July 7, 2026, expected settlement on July 9, 2026, a final valuation date of July 6, 2028 and maturity on July 10, 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. Principal is repaid at maturity only if the final level is at or above the disclosed downside threshold; otherwise principal is reduced pro rata to the underlying return and you could lose all of your investment. Estimated initial value per Note is between $9.48 and $9.73. Any payments are subject to UBS credit risk.

UBS AG is offering $750,000 in Trigger Autocallable Contingent Yield Notes linked to the common stock of Marvell Technology, 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 stock closes at or above the initial level on an observation 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 principal is reduced proportionally to the decline in the underlying and investors could lose up to their entire investment. The Notes mature on July 10, 2028, have an estimated initial value of $9.72 per $10 Note, and are subject to UBS credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Micron Technology common stock due July 9, 2029. The Notes pay periodic contingent coupons only if observation-date closing levels meet a coupon barrier and are autocallable early if closing levels meet or exceed 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, redemption equals $10 x (1 + underlying return), exposing holders to percentage losses of their principal, including the possibility of total loss. Payments depend on UBS creditworthiness. Trade date is July 7, 2026, settlement July 9, 2026, final valuation date July 5, 2029, and maturity July 9, 2029. Minimum investment is 100 Notes at $10 per Note; estimated initial value is $9.65 per Note.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to CrowdStrike Holdings, Inc. common stock due on or about July 10, 2028. The Notes pay a contingent coupon on each coupon payment date only if the underlying closing level on the related observation date is at or above a 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; upon an automatic call UBS will pay principal plus any contingent coupon then due. If the Notes are not called, principal is repaid at maturity only if the final level is at or above the downside threshold; if below, repayment is reduced pro rata to the underlying return, and investors may lose a significant portion or all of their principal. All payments are subject to the creditworthiness of UBS. Trade and settlement are shown as July 7, 2026 and July 9, 2026, with final valuation on July 6, 2028. The Notes are offered in minimum increments of 100 Notes at $10 per Note and have 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 Ford Motor Company with a scheduled maturity of July 9, 2029. The notes pay a contingent coupon only when the underlying stock meets the coupon barrier on observation dates and may be automatically called early if the underlying equals or exceeds the initial level on a quarterly observation (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 investors suffer a loss tied to the underlying return, potentially losing all principal. Trade date and settlement are shown as July 7, 2026 and July 9, 2026. The notes are unsecured obligations of UBS and repayment is subject to UBS credit risk. The minimum investment is 100 Notes at $10 per Note.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Hewlett Packard Enterprise Company stock. The Notes pay a contingent coupon only if the underlying's closing level on an observation date meets or exceeds the coupon barrier; otherwise no coupon is paid. The Notes may be automatically called on quarterly observation dates (beginning ~6 months after trade) if the underlying equals or exceeds the initial level, in which case UBS pays principal plus any contingent coupon on the related call settlement date and the Notes cease.

If not called, at maturity (Final Valuation Date observed July 5, 2029; Maturity Date July 9, 2029) UBS will repay principal only if the final level is equal to or above the downside threshold; if the final level is below that threshold, repayment will be reduced proportionally to the underlying return and you could lose a significant portion or all of your investment. Trade Date is July 7, 2026; Settlement Date is July 9, 2026. Principal amount per Note is $10; estimated initial value is $9.67; minimum investment is 100 Notes ($1,000). The contingent coupon example shown is 26.29% per annum (contingent coupon $0.6573 per $10 Note). Any payment is subject to UBS credit risk.

UBS AG priced a preliminary offering of Trigger Autocallable Contingent Yield Notes linked to the common stock of Marvell Technology, Inc. The Notes have a term to approximately July 10, 2028, a principal amount of $10 per Note and contingent coupons payable only if observation-date levels meet the coupon barrier. The Notes will be automatically called early if the underlying closes at or above the initial level on any scheduled 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; otherwise repayment is reduced pro rata to the underlying return, potentially resulting in a substantial or total loss. The trade date and settlement date are July 7, 2026 and July 9, 2026, respectively. The estimated initial value per Note is expected to be between $9.35 and $9.60 as of the trade date. All payments are subject to UBS credit risk.

UBS AG is offering preliminary Trigger Autocallable Contingent Yield Notes linked to the common stock of Micron Technology, Inc., with a trade date of July 7, 2026, settlement on July 9, 2026, a final valuation date of July 5, 2029, and maturity on July 9, 2029. Each Note has a principal amount of $10 and a minimum investment of 100 Notes ($1,000). The issuer will pay contingent coupons only when the underlying stock closes at or above the coupon barrier on observation dates; the Notes may be automatically called early if the underlying closes at or above the initial level on an observation date. At maturity, if not called, repayment of principal is contingent on the final level relative to the downside threshold and is subject to UBS credit risk. The preliminary estimated initial value per Note is between $9.29 and $9.54. These Notes are exposed to downside market risk and credit risk of UBS; holders could lose a significant portion or all of their investment.

UBS AG is offering a preliminary pricing supplement for Trigger Autocallable Contingent Yield Notes linked to the common stock of Hewlett Packard Enterprise Company, due on or about July 9, 2029. The notes pay a periodic contingent coupon only when the underlying closes at or above a coupon barrier on an observation date and will be automatically called if the underlying closes at or above the initial level on any quarterly observation date beginning after six months. The notes repay principal at maturity only if the final level is at or above the disclosed downside threshold; if the final level is below that threshold, principal is reduced pro rata to the underlying return and investors could lose a substantial portion or all of their investment. Trade date and settlement are expected on July 7, 2026 and July 9, 2026, respectively. The preliminary examples show a $10 principal per Note, a hypothetical contingent coupon rate of 23.01% per annum (contingent coupon of $0.5753 per observation) and an estimated initial value range of $9.29 to $9.54.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Marvell Technology, Inc. common stock due July 9, 2029. The Notes pay periodic contingent coupons only if the underlying stock closes at or above a coupon barrier on observation dates and may be automatically called 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 you may receive less than the principal, with losses equal to the underlying return and potential loss of your entire investment. All payments depend on UBS’s creditworthiness. The Notes are offered in $10 increments with a $10 principal amount per Note and an estimated initial value of $9.63 as of the trade date.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Marvell Technology, Inc. The Notes have a $10 principal amount per Note, a trade date of July 7, 2026, expected settlement on July 9, 2026, a final valuation date of July 5, 2029 and a maturity date of July 9, 2029. Investors may receive periodic contingent coupons only if observed closing levels meet the coupon barrier on observation dates; the Notes are automatically called if the underlying equals or exceeds the initial level on an 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 investors could lose a significant portion or all of principal. The estimated initial value per Note is between $9.27 and $9.52. Payments are subject to the creditworthiness of UBS.

UBS AG is offering $6,814,000 aggregate principal of Trigger Autocallable Contingent Yield Notes linked to the common stock of Microsoft Corporation, maturing on July 10, 2028. The Notes pay contingent coupons only if the underlying closes at or above the coupon barrier on scheduled observation dates, are subject to quarterly automatic early calls beginning after six months if the underlying equals or exceeds the initial level, and repay principal at maturity only if the final level is at or above the downside threshold; otherwise principal repayment is reduced proportionally to the underlying return, and investors could lose a significant portion or all of their investment. Trade date is July 7, 2026 and settlement is expected July 9, 2026. The Notes have a $10 principal amount per Note, a minimum purchase of 100 Notes, and an estimated initial value of $9.80 as of the trade date.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Chipotle Mexican Grill, Inc., due July 10, 2028. The Notes can pay periodic contingent coupons only when the underlying closing level meets or exceeds a coupon barrier on observation dates and may be automatically called early if the underlying closing level meets 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 can result in a loss equal to the underlying return; in extreme cases you could lose all of your investment. The offering shows a trade date of July 7, 2026, settlement on July 9, 2026, a final valuation date of July 6, 2028 and maturity on July 10, 2028. The Notes are offered in minimum investments of 100 Notes ($1,000) and the estimated initial value on the trade date is $9.85 per Note. The prospectus and product supplement cited contain the full terms and risk factors.