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

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Lam Research Corporation stock due April 6, 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 before the final valuation 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 falls proportionally to the underlying return and you could 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 Zscaler, Inc. These unsubordinated, unsecured notes pay a contingent coupon on each coupon payment date only if the underlying stock’s closing level on the applicable observation date meets or exceeds a coupon barrier; otherwise no coupon is paid. The notes may be automatically called quarterly (beginning after 12 months) 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 the notes are not called, repayment at maturity depends on the final level relative to a downside threshold and could result in a principal loss equal to the underlying return; in extreme cases investors could lose all principal. Trade date is April 1, 2026, settlement April 6, 2026, final valuation date April 4, 2028, and maturity April 6, 2028. Minimum investment is 100 Notes at $10 per Note; the estimated initial value range is $9.37 to $9.62.

UBS AG has posted a preliminary pricing supplement for $• Trigger Autocallable Contingent Yield Notes linked to Lam Research Corporation with a trade date of April 1, 2026, expected settlement April 6, 2026 and maturity on or about April 6, 2028. The notes pay contingent coupons only if the underlying meets coupon barriers on observation dates and are autocallable if the underlying meets or exceeds the initial level on an observation date. Principal repayment at maturity is contingent: if final level is below the downside threshold, principal is reduced proportionally to the underlying return; extreme losses up to the full principal are possible. The offering shows a minimum investment of 100 Notes at $10 per Note and an estimated initial value range of $9.42 to $9.67 per Note determined by UBS internal models.

UBS AG is offering $8,599,500 of Trigger Autocallable Contingent Yield Notes linked to the common stock of Microsoft Corporation, maturing April 6, 2029. The Notes pay contingent coupons only if observation-date closing levels meet a coupon barrier and can be automatically called quarterly after six months 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 principal is reduced proportionally to the underlying return and can result in loss of all principal. Minimum investment is 100 Notes at $10 per Note; the estimated initial value was $9.78 as of the trade date.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of Microsoft Corporation with an expected term to April 6, 2029. The notes pay periodic contingent coupons only if the underlying meets a coupon barrier on observation dates and can be automatically called quarterly beginning about six months after issuance.

If not called, principal repayment at maturity is contingent: if the final level is at or above the downside threshold you receive the $10 principal per note; if below, repayment declines in proportion to the underlying return and you could lose a significant portion or all of your investment. All payments depend on UBS creditworthiness. Trade date and expected settlement are April 1, 2026 and April 6, 2026, respectively.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of Advanced Micro Devices, Inc. The Notes pay periodic contingent coupons only if the underlying stock closes at or above a coupon barrier on observation dates and may be automatically called early if the stock closes at or above the initial level on an observation date. At maturity, principal is repaid only if the final level is at or above the downside threshold; if the final level is below that threshold 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 $9.74 per $10 Note.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Advanced Micro Devices, Inc. The preliminary pricing supplement dated April 01, 2026 describes notes due on or about April 7, 2031 with contingent coupons, an automatic call feature, and contingent principal repayment at maturity tied to the underlying stock's closing levels.

The notes have a principal amount of $10 per note, a suggested minimum investment of 100 notes ($1,000), an estimated initial value range of $9.35 to $9.60, and example terms showing a contingent coupon rate of 14.81% per annum. Key risks include potential loss of principal if the final level is below the downside threshold and credit exposure to UBS.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Taiwan Semiconductor Manufacturing Company Limited ADRs maturing April 7, 2031. The Notes pay periodic contingent coupons only if the underlying ADR closing level on an observation date meets or exceeds a coupon barrier. 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; called Notes pay principal plus the contingent coupon due on that coupon payment date. If not called, principal at maturity is contingent: if the final level is at or above the downside threshold you receive the $10 principal, but if the final level is below that threshold your cash payment will equal $10 x (1 + underlying return), exposing you to downside market loss up to a total loss of principal. The Notes carry issuer credit risk of UBS and an estimated initial value of $9.74 per $10 Note on the trade date. Minimum investment is 100 Notes ($1,000).

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Taiwan Semiconductor Manufacturing Company Limited ADRs, with an expected trade date of April 1, 2026, settlement on April 6, 2026, a final valuation date of April 3, 2031 and expected maturity on April 7, 2031. The Notes pay a contingent coupon only if the underlying closes at or above a coupon barrier on observation dates and are automatically called if the underlying closes at or above the initial level on any observation date prior to the final valuation date.

The Notes have contingent principal protection at maturity tied to a downside threshold; if the final level is below that threshold, repayment equals $10 x (1 + Underlying Return) and investors may lose a significant portion or all of principal. The preliminary estimated initial value range is $9.34 to $9.59 per $10 Note and minimum investment is 100 Notes ($1,000).

UBS AG is offering $2,682,000 of Capped Buffer Securities linked to the S&P 500® Index due April 6, 2027. Each $1,000 Security provides participation in any positive underlying return up to a maximum gain of 11.70% and a 15.00% buffer against initial losses; if the final index level is below the downside threshold (5,549.24, which is 85.00% of the initial level 6,528.52) holders can lose principal in excess of the buffer. The trade date is March 31, 2026, settlement is April 6, 2026, and maturity is April 6, 2027. The estimated initial value was $990.90 per Security and the issue price is $1,000 per Security. Payments, including any contingent repayment of principal, depend on UBS creditworthiness and holding to maturity is required to receive the stated payout formulas.

UBS AG is offering $1,385,000 of Trigger Autocallable Contingent Yield Notes with Memory Interest linked to the common stock of Intel Corporation, maturing on October 5, 2027. The Notes pay a contingent coupon of 19.91% per annum when the underlying closes at or above a coupon barrier and are automatically called if the underlying equals or exceeds the call threshold. The initial level is $44.13; the coupon barrier and downside threshold are $26.48 (60.00% of the initial level). At maturity, if not called and the final level is below the downside threshold, holders receive a share delivery amount (22.6603 shares per Note) whose value may be significantly less than principal. Payments and principal are subject to UBS credit risk. The estimated initial value per Note is $963.90, below the $1,000 issue price.

UBS AG offers $1,164,000 of contingent income auto-callable securities due April 2, 2027, linked to the State Street Technology Select Sector SPDR ETF (XLK). Each $1,000 security pays a contingent coupon of $34.25 per observation period (13.70% per annum) only if the ETF closes at or above 75.00% of the initial price on every trading day in that observation period. The securities may be auto‑redeemed early if the ETF equals or exceeds the call threshold on an observation end date; if not called and the final price is below 75.00% of the initial price, investors receive a cash value tied to the ETF and may lose a substantial portion or all principal. Payments are unsecured obligations of UBS AG and depend on UBS creditworthiness.

UBS AG priced a preliminary offering of Trigger Callable Contingent Yield Notes linked to the least performing of the S&P 500® Index and shares of the State Street® Energy Select Sector SPDR® ETF (XLE), with a stated contingent coupon rate of 11.55% per annum and a per-note issue price of $1,000.00. The notes are callable monthly by the issuer beginning about six months after issuance. Principal repayment at maturity is contingent on the final levels of the underlying assets relative to specified downside thresholds; if the least performing underlying asset finishes below its downside threshold, holders can suffer significant principal loss, potentially losing all of their investment. The estimated initial value range is $948.40 to $978.40. The notes are unsubordinated unsecured obligations of UBS and are subject to UBS credit and Swiss regulatory resolution risks.

UBS AG is offering Buffer Autocallable Notes linked to the least performing of the Nasdaq-100 Index and the Russell 2000 Index with a principal amount of $1,000 per Note and an aggregate issue of $1,000,000. The notes mature on April 3, 2031 and include quarterly observation dates beginning after 12 months. If on any observation date the closing level of each underlying asset is at or above its call threshold, UBS will automatically call the Notes and pay a call price equal to principal plus a call return; the call return rises over time (final call return shown as 48.50%). If not called, principal is protected at maturity only if each final level is at or above its downside threshold; otherwise repayment at maturity reflects the performance of the least performing underlying asset subject to a 15.00% buffer. Payments are subject to UBS credit risk and there may be little or no secondary market.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100® Technology Sector Index and the S&P 500® Index. The Notes pay a contingent coupon of 10.85% per annum on an observation date only if both underlyings close at or above their coupon barriers; otherwise no coupon is paid. UBS may call the Notes in whole on monthly observation dates beginning after six months. At maturity on April 5, 2029, if any underlying is below its downside threshold (70% of its initial level), principal repayment is reduced pro rata to the negative return of the least performing underlying, and you could lose a significant portion or all of your investment. All payments depend on UBS creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes with Memory Interest linked to the common stock of Centene Corporation with a total issue amount of $550,000 and a principal amount of $1,000 per Note. The Notes pay a contingent coupon of 17.21% per annum on an observation-date basis and include a memory feature that can catch up previously unpaid coupons. UBS will automatically call the Notes if Centene's closing level at any observation date is at or above the call threshold of $32.74 (100% of the initial level). If not called, repayment at maturity depends on the final level relative to the downside threshold of $21.28 (65% of the initial level); if the final level is below that threshold, investors may suffer a loss proportional to the decline, potentially losing their entire investment. The estimated initial value on the trade date was $959.40, below the issue price.

UBS AG is offering $1,977,000 of 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 $1,000 principal per note, an expected term of ~23 months, a contingent coupon rate of 12.45% per annum and mature on March 3, 2028. Contingent coupons are payable on scheduled coupon dates only if the closing level of each underlying asset meets or exceeds its coupon barrier on the related observation date. UBS may call the Notes in whole (but not in part) on monthly observation dates beginning after three months; if called, holders receive principal plus any contingent coupon due on the call settlement date. If not called, principal is repaid at maturity only if each underlying asset’s final level is at or above its downside threshold; otherwise the payment equals $1,000 × (1 + underlying return of the least performing underlying asset), and investors can suffer substantial losses, including loss of all principal. The estimated initial value on the trade date was $985.60 versus the issue price of $1,000; all payments are subject to UBS’s creditworthiness.

UBS AG is offering $4,376,000 in Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100, the Russell 2000 and the S&P 500. The notes have a principal amount of $1,000 per Note, a contingent coupon rate of 12.35% per annum and an estimated initial value of $986.80. Trade Date is March 31, 2026, expected Settlement Date is April 6, 2026, Final Valuation Date is April 2, 2029, and Maturity Date is April 5, 2029. UBS may call the Notes in whole (but not in part) on monthly observation dates beginning after three months. Repayment of principal at maturity is contingent: if any underlying index is below its downside threshold (70% of initial level), the payment will be reduced proportionally to the negative return of the least performing underlying asset; in extreme cases you could lose all of your investment. All payments 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 10.85% per annum only if all three indices meet monthly coupon barriers; UBS may call the notes starting after three months. At maturity (April 5, 2029) principal is repaid only if each index is at or above its 60.00% downside threshold; otherwise repayment is reduced in proportion to the worst-performing index and investors could lose a significant portion or all principal. Payments depend on UBS creditworthiness; the issue price exceeds the estimated initial value.

UBS AG offers $488,000 of 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 $1,000 principal amount, a term of approximately 18 months and a maturity date of October 5, 2027. The payout at maturity depends on the least performing underlying return: positive returns participate up to a 17.00% maximum upside gain; zero or negative returns may produce a capped contingent absolute return up to 15.00% if the final level is at or above the downside threshold; if the final level is below the downside threshold holders suffer losses exceeding the 15.00% buffer and could lose almost all principal. The trade date is March 31, 2026 and settlement is expected on April 6, 2026. Payments are subject to UBS credit risk and there is limited or no secondary market.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Broadcom Inc. The offering totals $974,000 at an issue price of $1,000 per Note with an estimated initial value of $968.40. The Notes pay a contingent coupon of 17.33% per annum if the underlying meets the coupon barrier on quarterly observation dates, are callable early if Broadcom closes at or above the 100% call threshold on any observation date, and mature on April 4, 2029. If not called and Broadcom’s final level is below the 60% downside threshold, holders receive a share delivery amount of 3.2309 shares per Note (or cash in lieu), which may be worth significantly less than principal. All payments are subject to UBS credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the least performing of the Russell 2000® and the S&P 500® with expected term of approximately 12 months. The notes pay a contingent coupon if both indices meet coupon barriers on observation dates and may be automatically called if both meet call thresholds. If not called, a trigger event (an index closing below its downside threshold during the observation period) can expose holders to the negative return of the least performing underlying asset at maturity, potentially losing some or all principal. Payments are subject to UBS creditworthiness. Key dates include a trade date of April 7, 2026, expected settlement April 10, 2026, final valuation April 7, 2027, and maturity April 12, 2027.

UBS AG priced $3,931,000 of Buffer Callable Contingent Yield Notes linked to the least performing of the Russell 2000® Index and the S&P 500® Index due January 5, 2029. The Notes pay a contingent coupon of 12.75% per annum on observation dates only if both underlyings meet coupon barriers. UBS may call the Notes in whole beginning after six months. At maturity, if neither underlying falls below its downside threshold (85.00% of initial level, i.e., a 15.00% buffer), principal is repaid; otherwise repayment is reduced based on the least performing underlying and you can lose some or almost all principal. Payments are subject to UBS credit risk; estimated initial value was $991.10 per $1,000 Note and the offering price was $1,000 per Note.

UBS AG offers Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100® Technology Sector Index, the Russell 2000® Index and shares of the State Street® Utilities Select Sector SPDR® ETF, maturing April 4, 2030. The notes pay an 11.00% per annum contingent coupon on monthly observation dates only if each underlying asset meets its coupon barrier; otherwise no coupon is paid for that date. UBS may call the notes in whole on monthly observation dates beginning after 12 months. If not called, principal is repaid at maturity only if each underlying asset is at or above its 60% downside threshold; otherwise repayment equals $1,000 × (1 + underlying return of the least performing underlying asset), potentially resulting in substantial loss or total loss. The estimated initial value per note is $977.80 and the offering totals $2,523,000. Risk factors include issuer credit risk, limited secondary market liquidity, issuer call risk, and exposure to the single least-performing underlying asset.

UBS AG is offering Trigger Callable Contingent Yield Notes due April 5, 2029 linked to the least performing of the S&P 500® Index and shares of the State Street Energy Select Sector SPDR® ETF (XLE). The offering amount shown is $66,000 (Issue Price $1,000 per Note). The Notes pay a contingent coupon of 11.25% per annum only when each underlying asset meets its coupon barrier on an observation date; UBS may call the Notes monthly beginning after six months. Principal is at risk if the final level of any underlying asset is below its downside threshold (65% of initial level); estimated initial value was $978.90. All payments, including any principal repayment, are subject to UBS credit risk.

UBS AG priced $2,682,000 of Capped Buffer Securities linked to the S&P 500® Index maturing April 6, 2027. Each Security has a $1,000 principal and a 14.40% maximum gain with a 10.00% buffer. The initial level is 6,528.52 and the downside threshold is 5,875.67 (90.00% of the initial level). If the final level is above the initial level, holders receive principal plus the lesser of the underlying return and the maximum gain; if the final level is below the downside threshold, holders absorb losses beyond the buffer and could lose most of their principal. The estimated initial value was $990.90. Payments depend on UBS creditworthiness; UBS Securities LLC acted as underwriter and may make a limited secondary market.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Autodesk, Inc. The preliminary pricing supplement describes Notes with an issue price of $1,000 per Note, quarterly observation dates (callable after 6 months) and a maturity on April 19, 2029. The Notes pay periodic contingent coupons (memory feature) only if the underlying closes at or above the coupon barrier, are automatically called if the underlying closes at or above the call threshold on an observation date, and at maturity repay principal only if the final level is at or above the downside threshold; otherwise holders bear downside market exposure and may lose a substantial portion or all of their investment. Payments are subject to the creditworthiness of UBS; the estimated initial value range on the trade date is stated as $931.40 to $961.40.

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 offering totals $1,578,000 with a $1,000 principal per Note and a contingent coupon of 11.60% per annum. Coupons are payable only if each index meets its coupon barrier on monthly observation dates and UBS may call the Notes in whole beginning after three months. If not called, principal repayment at maturity depends on the least performing underlying asset versus a downside threshold (70% of each initial level); a final shortfall exposes holders to percentage losses, potentially the full principal. Payments are subject to UBS credit risk and there may be little or no secondary market. Key dates: trade date March 31, 2026, settlement April 6, 2026, final valuation September 30, 2027, maturity October 5, 2027.

UBS AG is offering Trigger Autocallable Contingent Yield Notes with Memory Interest linked to the common stock of Baker Hughes Company, with a principal amount of $1,000 per Note and an expected term of approximately three years through a maturity date of April 19, 2029. The notes pay contingent coupons if the underlying closes at or above a coupon barrier on observation dates and are automatically callable on quarterly observation dates beginning after six months if the underlying closes at or above a call threshold. At maturity, principal repayment is contingent: if the final level is below the downside threshold (set at 60.00% of the initial level), investors bear the full downside of the underlying and may lose a significant portion or all of their investment. The contingent coupon rate will be set on the trade date within the disclosed range of 10.50% to 11.50% per annum. All payments depend on UBS’s creditworthiness.

UBS AG is offering Trigger Autocallable GEARS linked to the Bloomberg Commodity Index 3 Month Forward. The Securities are unsubordinated, unsecured debt obligations with a principal amount of $10 per Security and an expected term of approximately five years, unless automatically called. The offering includes an automatic call feature (autocall barrier at 100.00% of the initial level) and contingent repayment of principal at maturity subject to performance versus a downside threshold (at 50.00% of the initial level). The call return rate is 14.20% per annum and upside gearing will be set between 1.25 to 1.50 on the trade date. Estimated initial value is expected between $9.40 and $9.70 per Security; issue price is $10. The Securities do not pay interest, are subject to UBS credit risk, and may result in significant loss or total loss of principal if conditions at maturity are adverse.

UBS AG is offering Trigger Autocallable GEARS linked to the Bloomberg Commodity Index 3 Month, with a $10 principal per Security and an approximately five-year term maturing on April 17, 2031. The notes pay no interest, may be automatically called if the underlying meets the autocall barrier on the observation date, and expose holders at maturity to upside gearing (range 1.25–1.50) or to contingent repayment of principal subject to UBS credit risk. Key economics shown: call return rate 14.20% per annum, downside threshold 50% of the initial level, estimated initial value range $9.40–$9.70. These Securities are unsecured debt of UBS and may result in partial or total loss of principal.

UBS AG priced Trigger Callable Contingent Yield Notes linked to the least performing of the Russell 2000Index and the S&P 500Index due July 1, 2027. The offering totals $1,390,000 with a principal amount of $1,000 per Note and an estimated initial value of $990.20. The Notes pay a 11.40% per annum contingent coupon when both indices meet coupon barriers on observation dates, are issuer-callable monthly beginning after six months, and repay principal at maturity only if both indices finish at or above their 70.00% downside thresholds. If the least performing underlying asset finishes below its downside threshold, the maturity payout is reduced pro rata and investors may lose a significant portion or all of principal. All payments depend on UBSAG creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of ServiceNow, Inc. The notes mature on April 2, 2029 with a final valuation date of March 28, 2029. Payments of contingent coupons and principal depend on observed closing levels versus stated barriers; if not automatically called and the final level is below the downside threshold, principal repayment may be reduced and you could lose a significant portion or all of your investment. The estimated initial value per Note at trade date is $9.66, 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 ServiceNow, Inc. with a trade date of March 31, 2026, settlement on April 2, 2026 and maturity on April 2, 2029. Each Note has a principal amount of $10 and pays contingent coupons only if the underlying closes at or above the coupon barrier on observation dates; the Notes are subject to automatic early call if the underlying closes at or above the initial level on an observation date. If not called, principal repayment at maturity is contingent on the final level relative to a downside threshold; if the final level is below that threshold, investors may suffer a loss equal to the underlying return and could lose their entire investment. The preliminary estimated initial value range is $9.32 to $9.57 per Note and the minimum investment is 100 Notes ($1,000).

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of Eli Lilly and Company due April 2, 2027. The Notes pay a contingent coupon only if the underlying stock's closing level on an observation date meets or exceeds the coupon barrier and will be automatically called early if the underlying equals or exceeds the initial level on any prior observation date. If not called, principal 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 could result in a total loss. Payments, including any principal repayment, are subject to UBS credit risk. Trade date is March 31, 2026, settlement April 2, 2026, final valuation date March 31, 2027 and maturity April 2, 2027. The estimated initial value was $9.73 per $10 Note.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Constellation Energy common stock, maturing April 2, 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 closes at or above the initial level on any prior observation date. At maturity, principal repayment is contingent: if the final level is below the downside threshold the cash payment may be reduced proportionally, possibly resulting in substantial loss or total loss of principal. The Notes have a $10 principal amount per Note, a minimum purchase of 100 Notes ($1,000), an estimated initial value of $9.73, and payments are subject to UBS credit risk.

UBS AG priced a preliminary offering of Trigger Autocallable Contingent Yield Notes linked to the common stock of ServiceNow, Inc. The Notes (approximately three‑year term) pay periodic contingent coupons only if the underlying meets a coupon barrier on observation dates and may be automatically called early if the underlying equals or exceeds the initial level on an observation date. If not called, principal repayment at maturity is contingent: if the final level is below the downside threshold you may suffer a loss equal to the underlying return; in extreme cases you could lose all of your investment. Payments are subject to UBS credit risk. Trade date is March 31, 2026 and expected settlement is April 2, 2026.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of Bank of America Corporation, maturing on April 2, 2027. The notes pay a contingent coupon only when the underlying closes at or above the coupon barrier on specified observation dates and can 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; otherwise principal is reduced pro rata to the underlying return, and investors could lose a significant portion or all of their investment. Trade and settlement dates are March 31, 2026 and April 2, 2026, respectively; final valuation and maturity dates are March 31, 2027 and April 2, 2027. Minimum purchase is 100 Notes at $10 per Note; the estimated initial value on the trade date is $9.79.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to ADRs of Taiwan Semiconductor Manufacturing Company Limited maturing on April 2, 2031. The Notes pay a contingent coupon only when the underlying closing level on an observation date meets or exceeds a coupon barrier and may be automatically called 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 a downside threshold; otherwise repayment can be reduced in proportion to the underlying return, potentially causing substantial or total loss of principal. The Notes are unsecured obligations of UBS, subject to UBS credit risk, not FDIC insured, offered minimum 100 Notes at $10 per Note, with an estimated initial value of $9.75 as of the trade date.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Micron Technology common stock due April 2, 2029. The Notes pay periodic contingent coupons only if the underlying closing level on an observation date meets or exceeds a coupon barrier and will be automatically called early if an observation date closing is at or above the initial level. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; otherwise repayment will be reduced proportionally to the underlying return and could result in a total loss of principal. All payments are subject to UBS credit risk. The estimated initial value per $10 Note is $9.64 and minimum purchase is 100 Notes.

UBS AG published a preliminary pricing supplement for Trigger Autocallable Contingent Yield Notes linked to the common stock of Constellation Energy Corporation, offering approximately one‑year notes due on or about April 2, 2027. The trade date is March 31, 2026 with settlement expected on April 2, 2026.

The Notes pay a contingent coupon only if the underlying stock's closing level on an observation date meets or exceeds a coupon barrier and are subject to automatic early call if the underlying equals or exceeds the initial level on any observation date. Principal repayment at maturity is contingent: if the final level is below the downside threshold, investors suffer a loss equal to the underlying return; in extreme cases they could lose the full principal. Minimum investment is 100 Notes ($1,000). The document is preliminary and final terms will be set on the trade date.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Bank of America Corporation due on or about April 2, 2027. The preliminary pricing supplement dated March 31, 2026 describes notes that pay periodic contingent coupons only if the underlying closing level meets a coupon barrier, may be automatically called early if the underlying equals or exceeds the initial level on an observation date, and repay principal at maturity only if the final level is at or above a stated downside threshold. Each Note has a $10 principal denomination in examples here; estimated initial value is shown as $9.52–$9.77 per Note in the preliminary terms. The offering’s payments and principal are subject to UBS credit risk and the final terms will be set on the trade date.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to The Boeing Company common stock with an aggregate stated amount of $2,055,700. The Notes pay a contingent coupon only if the underlying closing level meets the coupon barrier on observation dates and may be automatically called quarterly beginning about six months after issuance. If not called, principal repayment at maturity is contingent on the final level relative to a downside threshold; if the final level is below that threshold, investors absorb the underlying percentage loss, potentially losing all principal. The Notes have a $10 principal per Note, an estimated initial value of $9.77, and a term to maturity of approximately three years with key dates from March 31, 2026 (trade date) to April 2, 2029 (maturity).

UBS AG offers a preliminary pricing supplement for Trigger Autocallable Contingent Yield Notes linked to American depositary receipts of Taiwan Semiconductor Manufacturing Company Limited. The Notes are subject to completion and will pay contingent coupons only if observation-date levels meet a coupon barrier; they may be called early if observation-date levels meet or exceed the initial level.

Key terms shown: Trade Date March 31, 2026, Settlement Date April 2, 2026, Final Valuation Date March 31, 2031, Maturity Date April 2, 2031. Principal amount per Note is $10; minimum investment is 100 Notes ($1,000). The estimated initial value range is $9.34 to $9.59 per Note ( UBS internal models ). The Notes are unsecured obligations of UBS AG and repayment is subject to UBS creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Micron Technology, Inc. The Notes have a $10 principal amount per Note, expected trade date March 31, 2026, settlement April 2, 2026, final valuation date March 28, 2029 and maturity April 2, 2029. The Notes may pay periodic contingent coupons only if the underlying meets the coupon barrier on observation dates and may be automatically called if the underlying equals or exceeds the initial level on an observation date. If not called, repayment at maturity is contingent: if the final level is below the downside threshold you can suffer a loss equal to the underlying return, potentially losing your entire investment. Estimated initial value per Note is expected between $9.33 and $9.58, and minimum purchase is 100 Notes ($1,000). Payments are subject to UBS credit risk.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to The Boeing Company stock due on or about April 2, 2029. The preliminary pricing supplement sets a trade date of March 31, 2026 with expected settlement on April 2, 2026 and a final valuation date of March 28, 2029. The offering uses $10 Notes with a minimum purchase of 100 Notes (a $1,000 minimum). Example terms shown include a hypothetical contingent coupon rate of 6.38% per annum and an estimated initial value range of $9.38 to $9.63 per Note. Payments (contingent coupons, principal at maturity, and early call settlement) depend on specified observation-date barriers, the final level relative to a downside threshold (example: $60.00, or 60% of the initial level) and the issuer creditworthiness of UBS.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Microsoft common stock due April 2, 2027. The notes pay contingent coupons only if the underlying's closing level on observation dates meets or exceeds the coupon barrier and will be automatically called early if the underlying meets 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 below, repayment declines in line with the underlying return and could result in the loss of the entire investment. Payments depend on UBS creditworthiness. Trade date is March 31, 2026, settlement April 2, 2026, final valuation March 31, 2027, and maturity April 2, 2027.

UBS AG offers Airbag Autocallable Yield Notes linked to the common stock of CrowdStrike Holdings, Inc. The preliminary pricing supplement dated March 31, 2026 describes notes with a term of approximately one year: trade date March 31, 2026, settlement April 2, 2026, final valuation date March 31, 2027 and maturity April 2, 2027. The example coupon rate is 10.39% per annum (≈$0.2598 quarterly) on a $10 principal note. Notes pay coupons unless previously auto‑called; they are automatically called if the underlying closing level on any observation date is ≥ the initial level, producing principal plus coupon on the related coupon payment date. If not called, repayment at maturity depends on the final level relative to a downside threshold: if final level < threshold, investors bear leveraged downside (loss ≈ 1.4286% of principal per 1% decline beyond the threshold) and could lose all principal. Any payment is subject to UBS credit risk. The document is a preliminary pricing supplement and the final terms will be set on the trade date.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Accenture plc due April 2, 2027. The Notes pay periodic contingent coupons only if the underlying closing level meets a coupon barrier on observation dates, are subject to quarterly automatic early call if the underlying closes at or above the initial level, and repay principal at maturity only if the final level is at or above a downside threshold. If not called and the final level is below the downside threshold, principal is reduced pro rata to the underlying return and you could lose all of your investment. Payments depend on UBS creditworthiness. Trade date is March 31, 2026 with settlement April 2, 2026; final valuation date is March 31, 2027 and maturity April 2, 2027.