Every 424B that ETRACS Alerian MLP Index ETN Series B due July 18, 2042 (AMUB) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow AMUB and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AMUB filings page.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Accenture plc, maturing on or about April 9, 2029. The notes pay a periodic contingent coupon only when the underlying's closing level on an observation date meets or exceeds a coupon barrier; otherwise no coupon is paid.
If the underlying equals or exceeds the initial level on any observation date prior to maturity, the notes will be automatically called and investors receive principal plus any contingent coupon then due. If not called, principal repayment at maturity is contingent: if the final level is at or above a disclosed downside threshold the principal is paid in full; if below, repayment is reduced proportionally to the underlying return, potentially resulting in a substantial or total loss. Payments are subject to UBS credit risk. Trade date and settlement are April 6, 2026 and April 8, 2026, respectively; the final valuation date is April 5, 2029.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Western Digital Corporation, maturing on April 9, 2029. The notes have a $10 principal amount per Note and expected trade/settlement dates of April 6, 2026/April 8, 2026. UBS will pay periodic contingent coupons only when the closing level of the underlying meets or exceeds a coupon barrier on observation dates; otherwise no coupon is paid. The Notes are subject to an automatic call 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: if the final level is below the downside threshold, you may receive less than principal, potentially losing a substantial portion or all of your investment. The estimated initial value range as of the trade date is $9.34–$9.59. All payments are subject to the creditworthiness of UBS.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Micron Technology, Inc. The Notes have a principal amount of $10 per Note, a trade date of April 6, 2026, settlement on April 8, 2026, a final valuation date of April 6, 2028 and a maturity date of April 10, 2028. Contingent coupons are payable only if the underlying closing level meets or exceeds the coupon barrier on observation dates; the Notes will be automatically called if the underlying closing level on any observation date is equal to or greater than the initial level. If not called, principal is repaid at maturity only if the final level is equal to or greater than the downside threshold; otherwise principal is reduced in proportion to the underlying return. The Notes are unsecured obligations of UBS and any payments depend on UBS's creditworthiness. The estimated initial value range is $9.42 to $9.67 per $10 Note and minimum investment is 100 Notes (representing $1,000).
UBS AG is offering $4,403,000 of Contingent Income Auto-Callable Securities linked to Microsoft Corporation common stock maturing April 5, 2029. Each $1,000 security pays a contingent payment of $25.25 (10.10% per annum) on specified contingent payment dates if the closing price of MSFT is at or above a downside threshold of $242.75 (65.00% of the initial price). If MSFT is at or above the call threshold of $373.46 (100% of the initial price) on a determination date (other than the final determination date), the securities will be redeemed early for the stated principal plus the contingent payment. If not redeemed and the final price is below the downside threshold, UBS will deliver a cash value based on the exchange ratio, exposing investors to a loss of a significant portion or all of principal. The securities are unsecured obligations of UBS and subject to UBS credit risk.
UBS AG is offering Contingent Income Auto-Callable Securities with Memory Coupon due about April 12, 2029, linked to the worst performing of Marvell Technology, Inc. common stock and Taiwan Semiconductor Manufacturing Company Limited ADRs. Each security has a stated principal amount of $1,000.00. Investors may receive a contingent payment of $123.75 (equivalent to 24.75% per annum) on specified contingent payment dates only if the closing prices of all underlying equities meet or exceed coupon barrier levels (60% of initial prices). The securities may be automatically redeemed early if all underlying equities meet call threshold levels and expose holders to downside risk at maturity if any underlying equity falls below its downside threshold (50% of initial price), which could result in substantial or total loss of principal. The securities are unsecured obligations of UBS AG and are subject to UBS credit risk. Pricing is expected on April 7, 2026 with an original issue date expected on April 10, 2026. The estimated initial value range at pricing is between $926.10 and $956.10.
UBS AG is offering Buffer 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 offering aggregates $5,517,000 at an issue price of $1,000 per Note with an estimated initial value of $988.50. Notes pay a monthly contingent coupon at a 12.50% per annum rate only if each index closes at or above its coupon barrier on an observation date. Notes are callable by UBS beginning after three months; if not called, principal repayment at maturity depends on the least performing index relative to a 20.00% buffer, exposing holders to buffered downside and UBS credit risk.
The Notes mature on April 6, 2028, observation dates are monthly, and issuer call, market-disruption, liquidity, tax and counterparty-credit risks apply. Investors should review the product supplement and prospectus for detailed risk, tax and liquidity disclosures.
UBS AG is offering Trigger Callable Yield Notes linked to the least performing of the Russell 2000® Index and the S&P 500® Index. The offering totals $3,385,840 at an issue price of $10.00 per Note with a principal amount of $10 per Note and a coupon of 8.00% per annum. The Notes are monthly couponed and issuer‑callable monthly beginning after three months; if not called and any underlying final level is below its 60.00% downside threshold at the final valuation date, principal repayment is reduced pro rata to the percentage decline in the least performing underlying asset. Payments are subject to UBS credit risk and the estimated initial value per Note is $9.778.
UBS AG is offering $1,320,000 in Trigger Callable Contingent Yield Notes linked to the least performing of the Dow Jones Industrial Average, the Russell 2000 and the Nasdaq-100 Technology Sector. The Notes pay a contingent coupon of 13.90% per annum only if, on each observation date, every underlying asset is at or above its coupon barrier (75% of its initial level). The Notes are callable by UBS in whole on monthly observation dates beginning after six months; if not called, repayment at maturity depends on whether each underlying asset is at or above its downside threshold (60% of initial level). The issue price is $1,000 per Note with an estimated initial value of $989.00; proceeds to UBS are shown as $995.00 per Note. Any repayment and contingent coupons are subject to UBS credit risk and, if the final level of the least performing underlying asset is below its downside threshold, you can lose a substantial part or all of your investment.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the least performing common stock of The Home Depot, McDonald’s and Microsoft. Each Note has a $1,000 principal amount, monthly observation dates (callable after three months), a contingent coupon of 13.90% per annum (if all coupon barriers are met) and a final maturity expected on April 21, 2031. The Notes pay contingent coupons only when each underlying asset meets its coupon barrier; they can be automatically called early if all underlyings meet call thresholds. At maturity, if any underlying is below its downside threshold you may incur a loss equal to the percentage decline of the least performing underlying; UBS credit risk applies to all payments. The estimated initial value range is $953.80–$983.80 per Note and the issue price includes underwriting and hedging costs.
UBS AG is offering $3,315,000 of Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500 indices. Each Note has a $1,000 principal amount, a contingent coupon rate of 13.40% per annum, and estimated initial value of $988.30. Trade date is April 2, 2026, settlement April 8, 2026 and maturity March 7, 2028. UBS may call notes monthly (first callable ~3 months after issuance). At maturity, principal is repaid only if each index is at or above a 70.00% downside threshold; otherwise repayment is reduced proportionally to the least performing underlying asset. Payments depend on UBS creditworthiness.
UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Russell 2000® and the S&P 500® Index. The Notes pay a quarterly contingent coupon only if both indices meet coupon barriers on observation dates, are callable by UBS beginning after 12 months, and repay principal at maturity only if both indices are at or above 70% of their initial levels; otherwise principal is reduced pro rata to the loss of the least performing index. Payments depend on UBS creditworthiness; the estimated initial value range is $959.80–$989.80 and the issue price is $1,000 per Note.
UBS AG is offering $3,620,000 aggregate principal of Contingent Income Callable Securities linked to the S&P 500® Index, with a stated principal of $1,000 per security and a maturity date of March 9, 2028. Each security can pay a contingent coupon of $23.25 (equivalent to 9.30% per annum) on specified determination dates if the closing index level is at or above 5,392.02 (the coupon barrier, equal to 80.00% of the initial index level). UBS may elect to call the securities in whole on any determination date prior to the final determination date; if not called and the final index level is below the downside threshold (5,392.02), investors will suffer a cash loss equal to the percentage decline in the index and may lose all principal.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Oracle Corporation that mature on April 7, 2028. Each Note has a principal amount of $10 and pays a contingent coupon only when the underlying closing level meets or exceeds the coupon barrier on an observation date; otherwise no coupon is paid. The Notes are automatically called if the underlying closes at or above the initial level on any observation date prior to the final valuation date, in which case investors receive principal plus any contingent coupon due on the call settlement 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, repayment may be reduced proportionally and investors could lose a significant portion or all of their investment. Payments are unsecured and subject to the creditworthiness of UBS. Trade and settlement are April 2, 2026 and April 7, 2026; final valuation and maturity are April 5, 2028 and April 7, 2028, respectively.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Oracle Corporation with an expected Trade Date of April 2, 2026 and Maturity on April 7, 2028. The Notes pay periodic contingent coupons only if the underlying's closing level meets a 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. If not called, principal repayment at maturity is contingent on the final level relative to a downside threshold; a final level below that threshold can produce a loss equal to the underlying's percentage decline. Notes are unsecured obligations of UBS and repayment is dependent on UBS creditworthiness. Minimum investment is 100 Notes at $10 per Note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Meta Platforms, Inc. stock due April 9, 2029. The Notes pay periodic contingent coupons only when the underlying closing level on observation dates equals or exceeds a coupon barrier and will be automatically called if the closing level on any earlier observation date is at or above the initial level. If not called, principal is repaid at maturity only if the final level is at or above a downside threshold; otherwise, repayment is reduced in direct proportion to the underlying return and investors can lose a significant portion or all of their investment. Payments are also subject to UBS credit risk. Trade date is April 2, 2026 with expected settlement April 7, 2026. The Notes are offered in $10 increments with an estimated initial value of $9.67 per $10 Note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Micron Technology, Inc. with an expected Trade Date of April 2, 2026, Settlement Date April 7, 2026 and Maturity on April 7, 2028. The notes pay periodic contingent coupons only if the underlying closing level meets the 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 maturity.
The notes repay principal at maturity only if the final level is at or above the stated downside threshold; if the final level is below that threshold, investors suffer a principal loss equal to the underlying return and could lose their entire investment. Estimated initial value range is $9.47–$9.72 per $10 note. Payments are subject to the creditworthiness of UBS.
UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Accenture plc common stock due April 7, 2027. The Notes pay periodic contingent coupons only if the underlying closes at or above a coupon barrier on observation dates and may be automatically called early if the underlying closes at or above the initial level on any prior 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 principal is reduced proportionally to the underlying return, and investors can lose a significant portion or all of their investment. Payments are subject to UBS credit risk. The Notes have a minimum investment of 100 Notes ($10 per Note) and an estimated initial value of $9.79 as of the trade date.
UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of Accenture plc due on or about April 7, 2027. The notes pay a contingent coupon only if the underlying meets the coupon barrier on observation dates and may be automatically called early if the underlying meets or exceeds the initial level on an observation date. If not called, principal repayment at maturity is contingent: full principal is paid only if the final level is at or above the downside threshold; if below, repayment equals $10 times (1 + underlying return), which can result in a substantial or complete loss of principal. Trade date is April 2, 2026, settlement April 7, 2026, final valuation date April 5, 2027. The estimated initial value range is $9.46 to $9.71 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 Block, Inc. The Notes mature on April 9, 2029 with a final valuation date of April 5, 2029. The Notes pay a periodic contingent coupon only if the underlying closing level meets or exceeds a coupon barrier on observation dates; they are automatically called early if the underlying closes at or above the initial level on any quarterly observation date after six months. At maturity, if not called and the final level is below the downside threshold, principal repayment is reduced in proportion to the underlying return, potentially resulting in substantial loss or total loss of principal. Payments are subject to UBS credit risk. The Notes are offered in minimum increments of 100 Notes at $10 per Note and have an estimated initial value of $9.73.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Block, Inc. The preliminary pricing supplement dated April 2, 2026 sets a trade date of April 2, 2026, expected settlement on April 7, 2026, a final valuation date of April 5, 2029 and maturity on April 9, 2029. The Notes pay contingent coupons only if the underlying closing level meets or exceeds a coupon barrier on observation dates and are automatically called if an observation date closing level is at or above the initial level. If not called, principal repayment at maturity is contingent: full principal is paid only if the final level is at or above the downside threshold; otherwise repayment is reduced pro rata to the underlying return and investors could lose a significant portion or all of their investment. Minimum purchase is 100 Notes at $10 per Note. The estimated initial value range is $9.34 to $9.59 per Note. All payments remain subject to UBS credit risk.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Oracle Corporation with a trade date of April 2, 2026, expected settlement on April 7, 2026 and maturity on or about April 7, 2028. The Notes pay contingent coupons only if the underlying closes at or above a coupon barrier on observation dates, can be automatically called quarterly beginning after 12 months if the underlying closes at or above the initial level, and repay principal at maturity only if the final level is at or above the downside threshold; otherwise holders suffer a loss equal to the underlying return. The Notes are unsecured obligations of UBS AG, carry issuer credit risk, have a minimum purchase of 100 Notes ($1,000), and have an estimated initial value range of $9.42 to $9.67 per $10 Note in UBS’ internal models.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of NVIDIA Corporation with final valuation on April 5, 2029 and maturity on April 9, 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 otherwise due on the related call settlement date. If the Notes are not called and the final level is below the downside threshold, the cash payment at maturity may be less than principal and will reflect the percentage decline in the underlying asset, which could result in a substantial loss or total loss of the initial investment. Any payments, including repayment of principal, are subject to UBS's creditworthiness. The estimated initial value per Note on the trade date is $9.66 and the Notes are offered in minimum blocks of 100 Notes at $10 per Note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to NVIDIA Corporation, maturing April 7, 2028. Each Note has a principal amount of $10 and a minimum investment of 100 Notes ($1,000). The Notes may pay periodic contingent coupons only if the underlying closing level meets or exceeds a specified coupon barrier on observation dates; otherwise no coupon is paid for that period. 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 which case holders receive principal plus any contingent coupon due on the related coupon payment date. If not called, repayment at maturity depends on the final level relative to a downside threshold (example threshold shown: $55.00, 55% of the initial level). If the final level is below that threshold, principal may be reduced proportionally to the underlying return, and investors could lose a significant portion or all of their investment. All payments are subject to the creditworthiness of UBS. The estimated initial value on the trade date is $9.80.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Intel Corporation, with final terms to be set on the trade date.
The preliminary pricing supplement shows a trade date of April 2, 2026, expected settlement on April 7, 2026, a final valuation date of April 5, 2028 and a maturity of April 7, 2028. Notes are sold in $10 denominations with a minimum investment of 100 Notes ($1,000). The estimated initial value per Note is between $9.48 and $9.73. Payments, including contingent coupons and principal repayment at maturity, depend on the performance of Intel common stock relative to specified barriers and on UBS's creditworthiness.
UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of NVIDIA Corporation, with expected trade date April 2, 2026, settlement April 7, 2026 and maturity on or about April 7, 2028. The notes pay contingent coupons only if the underlying meets the coupon barrier on observation dates and may be automatically called early if the underlying 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 the downside threshold; a final level below that threshold can cause a loss of principal, potentially up to a total loss. Minimum investment is 100 Notes ($1,000); the issuer’s estimated initial value range is $9.44 to $9.69 per $10 Note. All payments are subject to the creditworthiness of UBS and the final terms will be set on the trade date.
UBS AG offers Trigger Callable Contingent Yield Notes linked to the least performing of the Russell 2000® Index and the S&P 500® Index, with a principal amount of $1,000 per Note and an expected term of approximately 15 months. The Notes pay periodic contingent coupons of 11.60% per annum only if, on each observation date, the closing level of both underlying indices is at or above their coupon barriers (each set at 65.00% of the initial level). UBS may call the Notes in whole on monthly observation dates beginning after three months; if called, investors receive principal plus any contingent coupon then due. If not called, repayment at maturity is full principal only if both indices finish at or above their downside thresholds (also 65% of initial level); otherwise, repayment is reduced pro rata by the percentage decline of the least performing underlying asset, and investors could lose a significant portion or all principal. All payments are subject to UBS credit risk. Expected strike/trade/settlement dates and final valuation and maturity dates are set on the cover: strike date April 2, 2026, trade date April 6, 2026, settlement April 9, 2026, final valuation July 2, 2027, maturity July 8, 2027. The estimated initial value on the trade date is shown as between $965.90 and $995.90, below the issue price of $1,000 due to underwriting, hedging and issuance costs.
UBS AG is offering trigger callable contingent yield notes linked to the least performing of the Russell 2000®, the S&P 500® and shares of the State Street® Utilities Select Sector SPDR® ETF. The Notes pay a contingent coupon (10.85% per annum) only if each underlying asset equals or exceeds its coupon barrier on an observation date. UBS may call the Notes in whole on monthly observation dates beginning after six months; if not called, principal repayment at maturity depends on whether each underlying asset is at or above its 70.00% downside threshold. If any underlying asset is below its downside threshold at final valuation, maturity payment equals $1,000 × (1 + underlying return of the least performing underlying asset), which can result in substantial loss or total loss of principal. Trade date and settlement are expected April 17, 2026 and April 22, 2026; final valuation April 17, 2031 and maturity April 22, 2031. The estimated initial value range is $942.80–$972.80 per Note and the issue price is $1,000 per Note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Dollar Tree, Inc., with a total issue size of $670,000 and a per-note principal of $1,000. The Notes pay a contingent coupon of 18.45% per annum only if the underlying stock closes at or above the coupon barrier on each observation date. The Notes are automatically called if the underlying equals or exceeds the call threshold (100% of the initial level) on any observation date, producing the principal plus any contingent coupon; otherwise, at maturity repayment of principal is contingent on the final level relative to a downside threshold of 70% of the initial level. Payments are unsecured obligations of UBS and are subject to UBS credit risk.
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 fixed contingent coupon of 12.40% per annum on a coupon date only if the closing level of each underlying index is at or above its coupon barrier on the related observation date. UBS may call the Notes in whole on monthly observation dates beginning after three months; if called you receive principal plus any contingent coupon due on the call settlement date. If not called, principal is repaid at maturity only if each index is at or above its downside threshold; otherwise repayment equals $1,000 × (1 + underlying return of the least performing underlying asset), which may result in a substantial loss or a total loss of principal. Trade date and settlement: April 30, 2026 and May 5, 2026; final valuation April 30, 2029 and maturity May 3, 2029. The estimated initial value range is $956.20 to $986.20. All payments remain subject to UBS credit risk.
UBS AG is offering Capped Buffer Securities linked to the S&P 500® Index due on or about May 6, 2027. Each Security has a $1,000 principal amount, a 10.00% downside buffer and a capped upside (minimum Maximum Gain 15.70% with a corresponding minimum Maximum Payment at Maturity $1,157.00 per Security). Trade date is April 30, 2026, expected settlement May 5, 2026, final valuation date May 3, 2027. If the underlying return is positive, payment at maturity equals $1,000×(1+min(Underlying Return, Maximum Gain)). If final level is below the downside threshold (90.00% of initial level), losses exceed the buffer and you may lose most or all principal. Payments depend on UBS creditworthiness.
UBS AG is offering Capped Buffer Contingent Absolute Return Securities linked to the least performing of the Dow Jones Industrial Average® and the S&P 500® Index. Each Security has a principal amount of $1,000, a maximum upside gain of 14.00%, a downside buffer of 15.00%, an expected trade date of April 27, 2026, and a maturity date of November 1, 2027.
The payment at maturity depends on the least performing underlying asset’s return: a capped positive return up to 14.00%; a contingent absolute return (capped at 15.00%) if the final level is at or above the downside threshold; or a principal loss if the final level is below the downside threshold, potentially resulting in loss of most or all principal. Estimated initial value range on the trade date is $942.10 to $972.10. Payments are subject to UBS credit risk.
UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the S&P 500® Index and the Nasdaq-100® Technology Sector, due on or about May 3, 2029. The notes pay a contingent coupon only if each underlying asset closes at or above its coupon barrier on an observation date; otherwise no coupon is paid.
The notes are issuer-callable monthly (beginning after ~6 months). If not called, principal is repaid at maturity only if each underlying asset’s final level is at or above its downside threshold (70.00% of its initial level); otherwise repayment is reduced in line with the percentage decline of the least performing underlying asset. The estimated initial value is between $955.20 and $985.20 per $1,000 note; issue price is $1,000 with an underwriting discount of $7.50 per note.
UBS AG is offering Capped Buffer Contingent Absolute Return Securities linked to the least performing of the Dow Jones Industrial Average® and the S&P 500® Index, with expected trade date April 30, 2026, settlement May 5, 2026 and maturity on or about November 4, 2027. The securities have a $1,000 principal per Security, a 15.00% buffer, a 19.50% maximum upside gain (maximum maturity payment $1,195.00) and pay at maturity based on the least performing underlying return; in some negative scenarios holders may lose some or almost all principal. The estimated initial value range on the trade date is $956.60 to $986.60 and UBS Securities LLC will receive an underwriting discount of $7.25 per Security.
UBS AG offers Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500. Principal is $1,000 per Note with a term of approximately 3 years. The contingent coupon rate shown is 10.45% per annum, payable only on observation dates when each underlying asset equals or exceeds a coupon barrier (cover shows 75% of initial level). The Notes are issuer-callable beginning after six months; if called, holders receive principal plus any contingent coupon then due. At maturity, if any underlying is below its downside threshold (cover shows 70% of initial level), principal repayment can be reduced, potentially to zero, producing a loss equal to the negative return of the least performing underlying asset. Estimated initial value range: $935.90–$965.90. Issue price per Note is $1,000, underwriting discount up to $29, proceeds to UBS at least $971. Trade date and expected settlement: April 27, 2026 and April 30, 2026; final valuation date April 27, 2029, maturity May 2, 2029. The Notes are unsecured obligations of UBS and subject to UBS credit risk, limited liquidity, complex tax treatment and material market risks.
UBS AG offers Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500, due on or about November 4, 2027. The Notes have a principal amount of $1,000 per Note, monthly observation dates (callable after three months), a final valuation date of November 1, 2027, and maturity on November 4, 2027. If on an observation date each underlying asset is at or above its coupon barrier, UBS will pay a contingent coupon; otherwise no coupon is paid. UBS may call the Notes in whole on any observation date (beginning after three months) and, if not called, principal repayment at maturity is contingent: if the final level of any underlying asset is below its downside threshold (70.00% of its initial level), payment at maturity will be reduced proportionally to the loss of the least performing underlying asset, and you could lose all of your initial investment. The estimated initial value range on the trade date is $958.50 to $988.50. All payments are subject to UBS credit risk; issuer call, limited upside (contingent coupons only), lack of exchange listing and liquidity constraints are emphasized risks.
UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500 indices. The Notes pay a contingent coupon (10.25% per annum shown on the cover) only if each index meets its coupon barrier on an observation date, are callable by UBS on monthly observation dates beginning after three months, and repay principal at maturity only if each index is at or above its 70.00% downside threshold; otherwise repayment at maturity is reduced pro rata to the decline of the least performing underlying asset. Trade date and settlement are expected to be April 27, 2026 and April 30, 2026; final valuation date is October 27, 2027 and maturity is November 1, 2027. The issue price is $1,000 per Note and UBS discloses an estimated initial value range of $942.70 to $972.70, reflecting fees, hedging costs and internal funding; payments remain subject to UBS credit risk.
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 13.70% per annum contingent coupon on an observation date only if each index closes at or above its coupon barrier (75% of initial level). UBS may call the Notes in whole on monthly observation dates beginning after three months. If not called, principal repayment at maturity is contingent: full principal is returned only if each index’s final level is at or above its downside threshold (70% of initial level); otherwise the payment equals $1,000 × (1 + return of the least performing index), which can produce a substantial loss, including loss of all principal. Trade date and settlement timing are indicated; estimated initial value is given as a range below the issue price. All payments are subject to UBS credit risk.
UBS AG is offering Buffer Autocallable Contingent Yield Notes with Memory Interest linked to the least performing of the VanEck® Gold Miners ETF (GDX) and the State Street® Energy Select Sector SPDR® ETF (XLE). Each Note has a principal amount of $1,000, a contingent coupon rate stated at 12.35% per annum, a 20.00% buffer, monthly coupon observation dates, quarterly call observation dates (beginning after six months), a final valuation date of April 27, 2028 and scheduled maturity of May 2, 2028. If on a coupon observation date both underlyings meet or exceed their coupon barriers, a contingent coupon is paid; unpaid coupons can be paid later via the memory interest feature. The Notes are automatically called if both underlyings meet their call thresholds on a call observation date; if not called and the least performing underlying finishes below its downside threshold, principal is reduced proportionally beyond the buffer and you can lose most or all of your investment. The issuer is UBS AG and all payments are subject to UBS credit risk. Estimated initial value per Note is stated between $926.30 and $956.30; issue price per Note is $1,000.00 with an underwriting discount of $26.00 (proceeds to UBS $974.00).
UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100® Technology Sector, the Russell 2000® Index and the S&P 500® Index. The Notes have a principal amount of $1,000 per Note, an expected term of approximately 23 months, monthly observation dates (callable by UBS after three months), a contingent coupon payment structure and potential for a reduced repayment at maturity tied to the least performing underlying asset. The offering documents set the final terms on the trade date; the estimated initial value range is $954.40 to $984.40. Payments, including principal, are subject to UBS credit risk and UBS may elect to call the Notes in whole on any observation date prior to the final valuation date.
UBS AG offers Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100® Technology Sector, the Russell 2000® Index and the S&P 500® Index. The Notes have a principal amount of $1,000 per Note, an 11.00% per annum contingent coupon rate (payable only if all three underlyings meet coupon barriers on each observation date), monthly observation dates (callable by UBS after three months), an expected trade date of April 27, 2026, and an expected maturity of March 30, 2028. At maturity you receive full principal only if each underlying is at or above its 70.00% downside threshold; otherwise repayment equals $1,000 × (1 + underlying return of the least performing underlying asset), which can result in a substantial loss or a total loss. Any payments depend on UBS creditworthiness. The estimated initial value range on the trade date is $938.40 to $968.40.
UBS AG offers Capped Buffer Securities linked to the S&P 500® Index with a term of approximately 12 months maturing on May 6, 2027. Each Security has a principal amount of $1,000, a 15.00% buffer and a stated minimum maximum gain of 12.80% (minimum maximum payment $1,128.00). The trade date is expected to be April 30, 2026 with settlement on May 5, 2026.
The payment at maturity depends on the underlying return of the S&P 500® Index: investors receive principal plus the lesser of the underlying return and the maximum gain if the return is positive; full principal if the final level is at or above the downside threshold; otherwise losses apply beyond the buffer and, in extreme cases, investors could lose almost all principal. Payments are unsecured obligations of UBS and are subject to UBS credit risk. The estimated initial value range is $962.30 to $992.30 per Security, while the issue price is $1,000 per Security.
UBS AG is offering Buffer Callable Contingent Yield Notes linked to the least performing of the Russell 2000® and the S&P 500®. Each Note has a $1,000 principal amount, an expected term of approximately 33 months, a 15.00% downside buffer, and a contingent coupon payable only if both indices meet coupon barriers on observation dates.
The issuer may call the Notes in whole (beginning after six months). If not called, repayment at maturity depends on the least performing underlying asset and could result in a loss of some or almost all of principal. Estimated initial value is between $960.60 and $990.60 per Note; issue price and final terms will be set on the trade date.
UBS AG is offering Trigger Autocallable Notes linked to the least performing common stock of Salesforce, Inc. and Oracle Corporation. The Notes have a principal amount of $1,000 per Note, a 35.00% per annum call return rate, an expected trade date of April 17, 2026 and expected maturity on or about April 23, 2030. The Notes will automatically call on specified monthly observation dates if each underlying asset has met its call threshold; otherwise repayment at maturity is contingent and can result in a loss up to the full principal equal to the decline of the least performing underlying asset. UBS reports an estimated initial value range of $958.10 to $988.10 per Note and states the issue price will be $1,000.00 per Note. All payments are subject to UBS credit risk and the Notes will not be listed on an exchange.
UBS AG is offering Buffer Autocallable Notes linked to the least performing of the Dow Jones Industrial Average and the Russell 2000. The Notes have a principal amount of $1,000 per Note, an expected term of approximately 5 years, a call return rate of 8.50% per annum, and a 15.00% buffer. UBS will automatically call the Notes on quarterly observation dates (beginning after 12 months) if both underlying assets meet their call threshold (100% of initial level). Trade date is expected April 27, 2026, settlement April 30, 2026, final valuation date April 28, 2031, and maturity May 1, 2031. Estimated initial value range is $925.90–$955.90 and issue price is $1,000 (underwriting discount $36.00, proceeds to UBS $964.00). The Notes do not pay interest, are unsecured obligations of UBS and are subject to UBS credit risk; if not called and an underlying falls below its downside threshold (85% of initial level), you may lose some or almost all of your investment.
UBS AG is offering $6,000,000 of Trigger Autocallable Contingent Yield Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500, maturing April 5, 2029. The Notes pay a 12.00% per annum contingent coupon (paid periodically) only if all three indices meet coupon barrier tests on each observation date; they are callable quarterly beginning after six months and repay principal at maturity only if each index is at or above a 75.00% downside threshold. Issue price is $10.00 per Note (minimum investment 100 Notes); UBS’ estimated initial value was $9.43 per Note. Payments, including principal, depend on UBS creditworthiness and the structure exposes investors to full downside equal to the worst-performing index (possible loss of all principal). Observation dates are quarterly and the final valuation date is April 2, 2029.
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® Consumer Staples Select Sector SPDR® ETF (XLP). The Notes pay periodic contingent coupons only if all three underlying assets meet coupon barriers on each observation date, are issuer-callable (beginning after six months), and repay principal at maturity only if every underlying asset is at or above its downside threshold; otherwise principal is reduced pro rata to the negative return of the least performing underlying asset. Payments are subject to UBS credit risk, and the issue price exceeds the Notes’ estimated initial value.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the VanEck® Gold Miners ETF that mature April 6, 2027. The Notes pay periodic contingent coupons only when the underlying closes at or above the coupon barrier on observation dates and may be automatically called early if the underlying closes at or above the initial level on any observation 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 you may suffer a loss equal to the ETF’s percentage decline and could lose your entire investment. Payments depend on UBS’s creditworthiness. The offering has a minimum investment of 100 Notes at $10 per Note and an estimated initial value of $9.68 per Note as of the trade date.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the VanEck® Gold Miners ETF with a term to approximately April 6, 2027. The Notes pay periodic contingent coupons only if the underlying meets a coupon barrier on observation dates, and are automatically called early if the underlying equals or exceeds the initial level on an observation date. If not called, principal repayment at maturity is contingent: full principal is paid only if the final level is at or above the downside threshold; otherwise repayment declines in line with the underlying return and you can lose a significant portion or all of your investment. Payments depend on UBS’s creditworthiness. The expected trade and settlement dates are April 1, 2026 and April 6, 2026. The estimated initial value range is $9.36–$9.61 per $10 Note and the minimum investment is 100 Notes ($1,000).
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Snowflake Inc. stock due April 6, 2028. The Notes pay periodic contingent coupons only if the underlying closing level meets a coupon barrier on observation dates and will be automatically called early if the underlying equals or exceeds the initial level on any quarterly observation (beginning after 12 months). 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 is reduced pro rata to the underlying return and could result in the loss of the entire principal. Payments depend on UBS creditworthiness. Trade date is April 1, 2026; settlement April 6, 2026; final valuation date April 4, 2028; maturity April 6, 2028. The estimated initial value on the trade date is $9.68 per $10 Note and minimum investment is 100 Notes.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Zscaler, Inc. common stock due April 6, 2028. The Notes pay contingent coupons only if the closing level of the underlying meets or exceeds a coupon barrier on observation dates and may be automatically called on quarterly observation dates beginning about 12 months after issuance. 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 may be reduced in proportion to the underlying return, potentially resulting in a loss of principal. The Notes are unsecured obligations of UBS and any payment, including repayment of principal, is subject to UBS’s creditworthiness. The offering has a minimum investment of 100 Notes and the estimated initial value on the trade date was $9.68 per $10 Note.