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

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Applied Materials, Inc. 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 stock 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 a stated downside threshold; otherwise, principal repayment is reduced proportionally to the underlying return and you could lose all of your investment. Trade date is March 31, 2026, settlement April 2, 2026, final valuation date March 28, 2029, and maturity April 2, 2029. The estimated initial value was $9.66 per $10 Note, and minimum purchase is 100 Notes ($1,000).

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Snowflake Inc. common stock. The Notes pay a contingent coupon only if the closing level of the underlying meets or exceeds a coupon barrier on an observation date and may be automatically called early if the closing level is at or above the initial level on any observation date prior to the final valuation date. If not called and the final level is below the downside threshold, principal repayment at maturity is contingent and may be less than the principal amount, potentially resulting in a loss up to the full investment. Trade date is March 31, 2026, settlement April 2, 2026, final valuation date March 28, 2029 and maturity April 2, 2029. The estimated initial value on the trade date was $9.66. All payments, including principal, are subject to UBS credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Block, Inc., maturing on April 2, 2029. 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 meets the initial level. If not called, repayment of principal at maturity is contingent on the final level relative to a downside threshold; if the final level is below the downside threshold you may incur a loss equal to the underlying return and could lose all your investment. Payments are subject to UBS credit risk. The estimated initial value is $9.65 per $10 Note and the minimum investment is 100 Notes.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Accenture plc due on or about April 2, 2027. The notes pay contingent coupons only if the underlying closing level meets a coupon barrier on observation dates and can be automatically called quarterly after 12 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 a downside threshold; otherwise principal is reduced proportionally to the underlying return and could result in total loss. Trade date is March 31, 2026 with expected settlement on April 2, 2026. Minimum purchase is 100 Notes ($1,000). Estimated initial value is $9.49–$9.74 per Note. Payments are subject to UBS credit risk.

UBS AG is offering $4,972,500 in Trigger Autocallable Contingent Yield Notes linked to Capital One Financial common stock due April 2, 2029. The Notes pay periodic contingent coupons only if the underlying stock closes at or above a coupon barrier on observation dates and will be automatically called early if the underlying closes at or above the initial level on any quarterly observation date beginning after six months. If not called, principal 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 could result in a total loss of principal. Payments depend on UBS's creditworthiness. Trade date is March 31, 2026, settlement April 2, 2026, final valuation March 28, 2029, maturity April 2, 2029.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Applied Materials, Inc. The Notes pay periodic contingent coupons only if the underlying closing level meets the coupon barrier on observation dates and may be automatically called early if the underlying equals or exceeds the initial level on an observation date.

If not called, principal repayment at maturity is contingent: if the final level is at or above the downside threshold, UBS will repay the principal amount; if the final level is below the downside threshold, repayment may be reduced pro rata to the underlying return, and investors could lose a significant portion or all of their investment. All payments depend on UBS creditworthiness.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of Micron Technology, Inc. The Notes pay contingent coupons only if the underlying meets a coupon barrier on quarterly observation dates; they are subject to automatic early call if the underlying equals or exceeds the initial level on an observation date. If not called and the final level is below the downside threshold, principal repayment is reduced pro rata to the underlying return, and investors can lose a significant portion or all of their investment. Trade date is March 31, 2026, expected settlement April 2, 2026, final valuation March 30, 2028 and maturity April 3, 2028. The estimated initial value per $10 Note is $9.67.

UBS AG provides a preliminary pricing supplement for $• Trigger Autocallable Contingent Yield Notes linked to the common stock of Block, Inc., with final terms to be set on the trade date. The Notes have a $10 principal amount, an expected trade date of March 31, 2026, settlement on April 2, 2026, a final valuation date of March 28, 2029 and an expected maturity of April 2, 2029.

The Notes pay contingent coupons only if the underlying stock meets specified barriers on observation dates, are subject to automatic early call if the underlying reaches the initial level on an observation date, and repay principal at maturity only if the final level is at or above a downside threshold. The preliminary document shows a minimum purchase of 100 Notes ($1,000) and an estimated initial value range of $9.35–$9.60 per Note. All payments depend on UBS' creditworthiness.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of Snowflake Inc. The pricing supplement dated March 31, 2026 sets a trade date of March 31, 2026 and an expected settlement date of April 2, 2026. The Notes mature on April 2, 2029 with a final valuation date of March 28, 2029.

The Notes pay contingent coupons only if the underlying closing level meets or exceeds the coupon barrier on observation dates, are subject to automatic early call if the underlying equals or exceeds the initial level on an observation date, and repay principal at maturity only if the final level is at or above the downside threshold; otherwise principal is reduced pro rata to the underlying return. Payments are subject to UBS credit risk. Estimated initial value range is $9.36 to $9.61 per Note; principal example is $10 per Note.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of NVIDIA Corporation due April 3, 2028. The notes pay a contingent coupon only when the underlying closes at or above the coupon barrier on observation dates and will be automatically called early if the underlying equals or exceeds the initial level on any observation date prior to the final valuation date. If not called, 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 proportionally to the underlying return and you could lose all of your investment. All payments are subject to UBS’ creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Citigroup Inc. stock due April 2, 2027. The Notes pay periodic contingent coupons only if the underlying closing level meets the coupon barrier on observation dates and are subject to automatic early call 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, principal is reduced in proportion to the underlying return, and investors could lose a significant portion or all of their investment. Payments depend on UBS creditworthiness. Trade date is March 31, 2026; settlement April 2, 2026; final valuation March 31, 2027; maturity April 2, 2027. Estimated initial value as of the trade date is $9.72 per $10 Note.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Capital One Financial Corporation, with trade date March 31, 2026, expected settlement on April 2, 2026 and maturity on April 2, 2029. The Notes pay periodic contingent coupons only when the underlying closing level on an observation date meets or exceeds a coupon barrier and will be automatically called if the underlying closing level on any quarterly observation date (beginning after six months) equals or exceeds the initial level. If not called, repayment at maturity is contingent: full principal is paid only if the final level is at or above a disclosed downside threshold; otherwise repayment reflects the underlying return and could result in substantial loss, including total loss. The Notes are unsecured obligations of UBS and payments depend on UBS creditworthiness. The preliminary pricing supplement states a principal amount of $10 per Note, an estimated initial value range of $9.38–$9.63, an example contingent coupon rate of 11.75% per annum, a downside threshold example of $60.00 (60.00% of initial level) and a coupon barrier example of $65.00 (65.00% of initial level).

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Micron Technology, Inc. The Notes pay contingent coupons only if observation-date closes meet a coupon barrier and are subject to quarterly automatic call tests beginning about 12 months after the trade date. If not called, principal is repaid at maturity only if the final level is at or above a downside threshold; otherwise principal is reduced pro rata with the underlying return, and in extreme cases you could lose your entire investment. Trade date is March 31, 2026, expected settlement April 2, 2026, final valuation date March 30, 2028, and maturity April 3, 2028. Minimum purchase is 100 Notes ($1,000). The preliminary estimated initial value range is $9.38 to $9.63 per Note.

UBS AG priced a preliminary pricing supplement for $• Trigger Autocallable Contingent Yield Notes linked to the common stock of NVIDIA Corporation, with a Trade Date of March 31, 2026, expected Settlement Date April 2, 2026 and Maturity on or about April 3, 2028. The Notes pay periodic contingent coupons only if the closing level of the underlying meets a coupon barrier on observation dates and are automatically called early if the underlying meets or exceeds the initial level on any observation date prior to the final valuation date. If not called, principal repayment at maturity is contingent: full principal is paid only if the final level is at or above the disclosed downside threshold; if below, repayment declines in proportion to the underlying return, potentially resulting in loss of most or all principal. Example terms show a $10 principal amount, an illustrative contingent coupon rate of 10.34% per annum and an estimated initial value range of $9.44 to $9.69 per Note. All payments are subject to UBS credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of MercadoLibre, Inc. The Notes have a principal amount of $10 per Note, trade date March 31, 2026, expected settlement April 2, 2026, final valuation date March 30, 2028 and maturity April 3, 2028. Quarterly observation dates begin after six months. Contingent coupons are paid only if the underlying closing level meets or exceeds the coupon barrier on an observation date; an automatic early call occurs if the underlying closing level on any observation date equals or exceeds the initial level. If not called, principal repayment at maturity is contingent on the final level relative to the downside threshold and, if the final level is below that threshold, investors suffer a loss tied to the percentage decline in the underlying and could lose their entire investment. Any payments are subject to the creditworthiness of UBS. The estimated initial value was $9.72 per Note and the minimum investment is 100 Notes ($1,000).

UBS AG published a preliminary pricing supplement for Trigger Autocallable Contingent Yield Notes linked to the common stock of Citigroup Inc., with final valuation on March 31, 2027 and maturity on April 2, 2027. The Notes pay contingent coupons only if observation-date closing levels meet the coupon barrier and may be automatically called early if the underlying reaches the initial level on any observation date. If not called, principal repayment at maturity is contingent: if the final level is at or above the downside threshold, UBS will repay the $10 principal per Note; if below, repayment may be reduced proportionally to the underlying return, potentially resulting in substantial loss, including total loss. All payments remain subject to the creditworthiness of UBS AG. Other terms, including final pricing and exact barriers, will be set on the trade date.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of Exxon Mobil Corporation, maturing April 2, 2027. The Notes pay periodic contingent coupons only if the underlying closing level meets or exceeds a coupon barrier and may be automatically called early if the underlying reaches the initial level on an observation date. At maturity, if not called, principal is repaid only if the final level is at or above a 75.00% downside threshold; otherwise principal is reduced in line with the underlying return and you could lose all of your investment. The estimated initial value on the trade date is $9.79 per $10 Note, and the minimum investment is 100 Notes ($1,000).

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of MercadoLibre, Inc. The Notes mature on April 3, 2028 and feature quarterly observation dates, potential contingent coupons and an automatic call beginning ~6 months after issuance. Principal repayment at maturity is contingent: if not autocalled and the final level is below the downside threshold, payment may be reduced pro rata to the underlying return, possibly resulting in a substantial loss or total loss of principal. Payments, including contingent coupons and any principal, are subject to UBS credit risk. Trade date and settlement are shown as March 31, 2026 and April 2, 2026, respectively. The Notes are offered in $10 denominations (minimum 100 Notes) with an estimated initial value range of $9.42–$9.67 per Note as of the trade date and example contingent coupon rate of 16.25% per annum in the hypothetical illustrations.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Exxon Mobil Corporation with expected trade date March 31, 2026, settlement April 2, 2026 and maturity on April 2, 2027. The notes pay a periodic contingent coupon only if the underlying closing level on an observation date is at or above a coupon barrier; they are automatically called early if the underlying closes at or above the initial level on an observation date.

If not called, principal repayment at maturity is contingent: if the final level is at or above the downside threshold you receive the principal amount; if it is below the downside threshold you receive an amount equal to $10 x (1 + underlying return), which can result in a substantial loss or total loss of principal. Minimum purchase is 100 Notes ($1,000). Estimated initial value is shown as $9.52 to $9.77 per Note. All payments are subject to UBS credit risk.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Advanced Micro Devices, Inc. due April 2, 2031. The offering (described here) pays periodic contingent coupons only if the underlying stock closes at or above a coupon barrier on observation dates; an automatic call occurs if the underlying closes at or above the initial level on any observation date prior to the final valuation date. If not called and the final level is below the downside threshold, principal repayment at maturity is reduced pro rata to the underlying return, and investors could lose a significant portion or all of their investment. Key terms shown: minimum $1,000 investment (100 Notes at $10 each), estimated initial value $9.75 per $10 Note, contingent coupon rate example 16.18% per annum, downside threshold and coupon barrier example $50 (50.00% of initial level). Trade date is March 31, 2026 and maturity is April 2, 2031.

UBS AG priced a Preliminary Pricing Supplement for Trigger Autocallable Contingent Yield Notes linked to the common stock of Blackstone Inc. The notes have a $10 principal amount per note, trade date March 31, 2026, settlement April 2, 2026, final valuation March 28, 2029, and maturity April 2, 2029. The notes pay periodic contingent coupons only if the underlying meets a coupon barrier on observation dates, include a quarterly automatic call feature beginning after six months, and repay principal at maturity only if the final level is at or above a disclosed downside threshold; otherwise investors face principal loss tied to the underlying return.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to NextEra Energy, Inc. The Notes pay periodic contingent coupons only if the underlying stock closes at or above a coupon barrier on observation dates and will be automatically called early if the underlying closes at or above the initial level on any pre-final observation date. If not called, repayment at maturity depends on the final level: you receive full principal if the final level is at or above the downside threshold; if below, principal is reduced pro rata to the underlying return and you could lose all principal. Trade date is March 31, 2026, settlement April 2, 2026, final valuation date March 31, 2027 and maturity April 2, 2027. The Notes have a $10 principal amount per Note, an estimated initial value of $9.77, and payments are subject to UBS credit risk.

UBS AG is offering Airbag Autocallable Yield Notes linked to the common stock of Micron Technology, Inc. The Notes pay a quarterly coupon unless automatically called and include an automatic call if the closing level of the underlying is at or above the initial level on any observation date. If not called, principal repayment at maturity is contingent: if the final level is at or above the disclosed downside threshold you receive principal; if below, repayment is reduced and you incur leveraged downside (approximately 1.4286% loss of principal for each 1% decline beyond the threshold). Trade date is March 31, 2026, settlement April 2, 2026, final valuation March 31, 2027, and maturity April 2, 2027. Example terms show a principal amount of $10, a sample coupon rate of 16.52% per annum (quarterly coupon ≈ $0.413), and an estimated initial value range of $9.52–$9.77.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Advanced Micro Devices, Inc. The Notes mature on April 2, 2031 and pay contingent coupons only if the underlying stock meets observation-date barriers; principal repayment is contingent at maturity and subject to UBS credit risk.

The Notes have a principal amount of $10 per Note, expected trade date March 31, 2026 and settlement April 2, 2026. The estimated initial value range is $9.35 to $9.60 per Note. If not autocalled and the final level is below the downside threshold, investors bear full downside market exposure.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to NextEra Energy common stock, maturing on or about April 2, 2027. The notes pay contingent coupons only if the underlying's closing level meets the coupon barrier on observation dates and may autocall early if the underlying meets or exceeds the initial level.

If not autocalled, principal is repaid at maturity only if the final level is at or above the downside threshold; otherwise repayment will reflect the negative underlying return and could result in a significant loss or total loss of principal. Payments are subject to UBS credit risk. Trade date is March 31, 2026 with expected settlement April 2, 2026.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of JPMorgan Chase & Co., due on or about April 2, 2027. The Notes pay contingent coupons only if the underlying closing level meets coupon barriers on observation dates and can be automatically called early if the underlying equals or exceeds the initial level on an observation date. If not called, principal repayment at maturity is conditional: full principal is paid only if the final level is at or above the downside threshold; otherwise principal is reduced pro rata to the underlying return, and investors could lose a substantial portion or all of their investment. The Notes are unsecured obligations of UBS and payments depend on UBS creditworthiness. Trade date is March 31, 2026 with expected settlement April 2, 2026. The Notes are offered in minimum increments of 100 Notes at $10 per Note; the estimated initial value range is $9.48 to $9.73.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of The Kraft Heinz Company due April 2, 2029. The notes pay quarter‑by‑quarter contingent coupons only if the underlying closes at or above a coupon barrier; they autocall early if the underlying closes at or above the initial level on any quarterly observation date (beginning after six months). If not called, repayment at maturity is contingent: if the final level is at or above the downside threshold, principal is returned; if below, principal is reduced pro rata to the underlying return, possibly to zero. Trade date is March 31, 2026 with settlement April 2, 2026. Minimum investment is 100 Notes at $10 each. Payments depend on UBS creditworthiness; the estimated initial value on the trade date was $9.58.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Microsoft Corporation common stock due April 3, 2028. The Notes pay a contingent coupon on each coupon payment date only if the underlying closing level 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 any quarterly observation (beginning ~12 months after issue) records a closing level at or above the initial level, in which case UBS pays principal plus any contingent coupon due on the related call settlement 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, repayment at maturity is reduced proportionally to the underlying return and could result in a complete loss of principal. 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 30, 2028; maturity April 3, 2028.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of The Kraft Heinz Company, due on or about April 2, 2029. The Notes pay contingent coupons only if observation-date closes meet the coupon barrier and may be automatically called quarterly beginning after six months. The Notes have a $10 principal amount per Note, a minimum purchase of 100 Notes ($1,000), and an estimated initial value range of $9.21 to $9.46 as of the trade date. Payments, including any contingent coupon or repayment of principal, are subject to UBS creditworthiness. If not called and the final level is below the downside threshold, investors face downside market exposure and may lose a significant portion or all of their investment.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Microsoft Corporation, maturing on or about April 3, 2028. The Notes pay periodic contingent coupons only when the underlying closing level on an observation date is at or above a coupon barrier; they autocall quarterly (beginning ~12 months after trade) if the underlying closes at or above the initial level. If not called, principal is repaid at maturity only if the final level is at or above an 80.00% downside threshold; if below, principal is reduced pro rata to the underlying return, and full loss of principal is possible. Trade date and settlement are shown as March 31, 2026 and April 2, 2026. The Notes have a minimum investment of 100 Notes ($1,000) and an estimated initial value range of $9.41–$9.66 per $10 Note.

UBS AG is offering Capped Buffer GEARS, unsubordinated unsecured debt securities linked to an equally-weighted basket of 35 equities with a roughly 24‑month term. The offering totals $22,489,040 at an issue price of $10.00 per Security (minimum 100 Securities). At maturity, payment depends on the basket return and final basket level: positive basket returns provide enhanced exposure via an upside gearing of 2.00 capped by a 34.32% maximum gain (maximum payment $13.432 per Security); negative returns are buffered by 10.00% with a downside threshold at 90.00% of the initial basket level, but investors can lose some or almost all principal if the final basket level is below that threshold. The estimated initial value as of the trade date is $9.65. The Securities pay no interest, are unsecured obligations of UBS and any payment is subject to UBS’s creditworthiness. Key dates: trade March 27, 2026, settlement March 31, 2026, final valuation March 27, 2028, maturity March 29, 2028, each subject to postponement for market disruption.

UBS AG offers $853,000 of Phoenix Autocallable Buffer Notes with Memory Interest linked to Diamondback Energy, Inc. common stock due April 14, 2027. The $1,000 notes pay contingent quarterly interest of $51.275 if the underlying meets an interest barrier and are automatically called if the underlying equals or exceeds the initial price on an autocall observation date. If not called, principal is repaid at maturity only if the final price is at or above the downside threshold (85.00% of the initial price); otherwise holders receive a cash equivalent based on a share delivery amount, exposing investors to full downside market risk. Payments depend on UBS creditworthiness; estimated initial value per note is $987.00 and minimum purchase is 10 notes ($10,000).

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Bank of America, Chipotle and Northrop Grumman. The offerings total $8,651,700 (Bank of America), $3,425,400 (Chipotle) and $2,165,000 (Northrop Grumman). Each Note has a $10 principal amount, a trade date of March 30, 2026, settlement on March 31, 2026, and a final maturity of April 5, 2029. Contingent coupon rates are stated as 9.65% (BAC), 11.60% (CMG) and 9.00% (NOC) per annum. Notes pay contingent coupons only if observation-date closing levels meet or exceed the coupon barrier, are subject to an automatic call if observation-date levels meet the call threshold, and expose holders to contingent repayment of principal at maturity tied to the underlying stock performance. All payments, including any principal repayment, are subject to UBS’s creditworthiness.

UBS AG is offering $2,260,000 of Trigger Autocallable GEARS linked to the Bloomberg Commodity Index 3 Month Forward. The notes pay no interest, may be automatically called on the observation date and otherwise provide upside exposure (1.60× gearing) but carry contingent principal repayment tied to a 75.00% downside threshold of the initial level.

Key economics include a 16.70% per annum call return if autocalled on the observation date, an issue price of $10.00 per security, an estimated initial value of $9.587, and significant credit and market risks including potential loss of principal and limited secondary market liquidity.

UBS AG offers $6,685,500 of Buffer Autocallable GEARS linked to the Russell 2000® Index due March 29, 2029. The securities pay no interest, have a 10.00% buffer, a 12.00% call return if autocalled on the observation date, and an upside gearing of 1.70. If not autocalled, payoff at maturity depends on the final index level relative to the initial level and the 90.00% downside threshold; holders may lose some or almost all principal and payments are subject to UBS credit risk.

UBS AG is offering $1,860,000 of Trigger Autocallable Contingent Yield Notes linked to Apple Inc. common stock due April 5, 2029. Each $1,000 Note pays a contingent coupon of 10.40% per annum only if quarterly observation-date closings meet the coupon barrier and may be automatically called if the underlying meets the call threshold. The Notes repay principal at maturity only if the final level is at or above the downside threshold; otherwise principal is reduced proportionally to the underlying return. The estimated initial value per Note at issuance is $969.70. All payments are subject to UBS credit risk; investors may lose a significant portion or all of principal.

UBS AG offers a preliminary pricing supplement for Digital S&P 500® Index‑Linked Medium‑Term Notes with a term expected to be between 13 and 15 months and no interest. The notes feature a buffer level of 90.00%, a cap level expected between 110.08% and 111.82%, and a maximum settlement amount expected between $1,100.80 and $1,118.20 per $1,000 face amount.

The cash settlement pays the maximum if the final S&P 500 level is at or above the buffer; if below the buffer you lose approximately 1.1111% of face for each 1% decline beyond the buffer and you could lose your entire investment. Estimated initial value on the trade date is expected between $956.50 and $986.50 per $1,000. Issue price is 100.00% with an underwriting discount of 1.09% and net proceeds to the issuer of 98.91%.

UBS AG is offering $2,159,000 aggregate face amount of Digital S&P 500® Index‑Linked Medium‑Term Notes due April 29, 2027. Each note has a $1,000 face amount; trade date was March 27, 2026 and original issue date April 1, 2026. The notes do not bear interest and pay a cash settlement at maturity based on the S&P 500® performance versus an initial level of 6,368.85. A 10.00% buffer (buffer level 5,731.965) protects losses up to that decline; if the final underlier level is ≥ the buffer level you receive the maximum settlement amount of $1,114.00 per $1,000 face amount (cap 111.40%). If the final underlier level is below the buffer, holders suffer leverage to downside (approximately 1.1111% loss of face per 1.00% decline below the buffer) and can lose their entire investment. The estimated initial value on the trade date was $986.00 per $1,000 face amount; issue price was 100.00% with an underwriting discount of 1.09% (net proceeds 98.91%). The notes are unsecured obligations of UBS and are subject to issuer credit risk, limited liquidity, tax uncertainties (including Section 871(m) and FATCA considerations) and potential conflicts of interest with UBS affiliates serving as calculation agent and market‑makers.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of three ETFs: iShares Expanded Tech-Software ETF (IGV), SPDR S&P Regional Banking ETF (KRE), and Real Estate Select Sector SPDR ETF (XLRE). The notes have a $1,000 principal amount per note, an approx. three-year term, monthly coupon observation dates, quarterly call dates, a contingent coupon rate of 18.40% per annum, and a maturity date of March 29, 2029. If UBS calls the notes on a call date, holders receive principal plus any contingent coupon due. If not called, principal is repaid at maturity only if each underlying asset is at or above its downside threshold (60% of initial level); otherwise repayment is reduced proportionally to the negative return of the least performing underlying asset and investors could lose a significant portion or all principal. The issue price totals $2,500,000 and the estimated initial value per note on the trade date was $982.00.

UBS AG offers $661,500 of Trigger Autocallable Contingent Yield Notes linked to the least performing of the Swiss Market Index (SMI) and the S&P 500® Index, maturing March 29, 2029. The Notes pay a contingent coupon of 9.10% per annum when both underlyings meet coupon barriers on observation dates.

The Notes are callable quarterly beginning after six months if both indices meet their call thresholds (each equal to 100.00% of its initial level). At maturity, principal is repaid only if both final levels are at or above their downside thresholds (70.00% of initial levels); otherwise repayment is reduced pro rata to the decline of the least performing underlying. Minimum investment is 100 Notes at $10 per Note. Payments depend on UBS creditworthiness. Observation dates, final valuation date and call/maturity mechanics are described herein.

UBS AG offers $2,500,000 principal of Trigger Callable Contingent Yield Notes linked to the least performing of three ETFs, maturing March 29, 2029. Each Note has a $1,000 principal amount and an advertised contingent coupon rate of 18.70% per annum payable only if all three underlying ETFs meet monthly coupon barriers.

The estimated initial value per Note is $982.30 (trade-date model price) and the issue price is $1,000, with proceeds to UBS of $2,497,025. If UBS does not call the Notes, principal repayment at maturity is contingent: full principal is returned only if each ETF finishes above its 60% downside thresholds; otherwise repayment declines pro rata to the worst-performing ETF and investors can lose a substantial portion or all principal. All payments are subject to UBS credit risk.

UBS AG is offering $2,730,000 of Trigger In-Digital Securities linked to the Nearby ICE Brent crude oil futures contract. The securities have an issue price of $10.00 per Security, a digital return of 16.80%, an initial price of $112.57 and a digital barrier/downside threshold of $61.91 (55.00% of the initial price). The trade date is March 27, 2026, settlement is March 31, 2026, the final valuation date is set for June 28, 2027 and the maturity date is June 30, 2027. The estimated initial value on the trade date was $9.773 per Security. Minimum investment is 100 Securities ($1,000). Payment at maturity depends on whether the final official settlement price is at or above the digital barrier; if below, holders suffer losses tied to the underlying return, subject to UBS credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes with Memory Interest linked to the common stock of CrowdStrike Holdings, Inc. The Notes have a principal amount of $1,000 per Note and a term to expected maturity of approximately three years, with an expected maturity date of April 19, 2029. The contingent coupon rate will be set on the trade date and is indicated on the cover as 13.50% to 14.50% per annum. The Notes are callable quarterly beginning after six months if the underlying meets the call threshold (100% of the initial level as shown). At maturity, principal is repaid only if the final level is equal to or greater than the downside threshold (50% of the initial level); otherwise repayment is reduced in direct proportion to the underlying return, and investors could lose a significant portion or all of principal. All payments are subject to UBS credit risk. The preliminary estimated initial value range per Note is $941.80 to $971.80, and the underwriting discount is $25.00 per Note.

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 Notes pay a fixed coupon (to be set on the trade date) monthly and are issuer-callable monthly beginning after three months. If not called, repayment at maturity depends on whether each underlying asset's final level is at or above its downside threshold (60.00% of its initial level); if any underlying asset is below its threshold, principal is reduced pro rata to the negative return of the least performing underlying asset. Trade date is April 2, 2026, settlement April 8, 2026, final valuation date July 2, 2027, maturity July 8, 2027. Issue price is $10.00 per Note with an underwriting discount of $0.10 per Note. The estimated initial value range is $9.478 to $9.778. Investing involves significant market and UBS credit risk; you may lose a significant portion or all of your investment.

UBS AG offers Trigger Callable Contingent Yield Notes linked to the least performing of the Russell 2000®, S&P 500® and the State Street® Technology Select Sector SPDR® ETF. The Notes have a $1,000 principal amount per Note, monthly observation dates, an expected trade date of April 17, 2026, settlement on April 22, 2026, and maturity on April 22, 2031. The Notes pay a fixed contingent coupon of 14.80% per annum only if each underlying asset equals or exceeds its coupon barrier on an observation date; otherwise no coupon is paid. UBS may call the Notes in whole on any observation date beginning after three months. If not called, repayment at maturity is contingent: full principal is returned only if every underlying asset is at or above its downside threshold (70% coupon barrier; 55% downside threshold are the cover values shown); otherwise the payment equals $1,000×(1 + underlying return of the least performing underlying asset), which can result in a substantial or total loss. The estimated initial value range is $957.70 to $987.70 per Note. All payments are subject to UBS credit risk.

UBS AG priced an offering of $2,546,000 principal amount of Trigger Autocallable Contingent Yield Notes with Memory Interest linked to the least performing of the Russell 2000® Index and the S&P 500® Index. The Notes pay semiannual contingent coupons of $41.25 (8.25% per annum) if both indices meet coupon barriers on observation dates and are subject to automatic early calls if both indices meet 100% call thresholds on an observation date. If not called, principal is repaid at maturity only if both final index levels are at or above the 70% downside thresholds; otherwise repayment at maturity is reduced by the percentage decline of the least performing underlying asset, potentially resulting in a substantial or total loss. Trade date is March 27, 2026, settlement April 1, 2026, and maturity April 2, 2029. Estimated initial value was $973.50 per $1,000 Note; issue price is $1,000 per Note. The Notes are unsecured obligations of UBS and subject to UBS credit risk and limited secondary-market liquidity.

UBS AG offers Trigger Callable Contingent Yield Notes linked to the least performing of the Dow Jones Industrial Average®, the Nasdaq-100® Technology Sector and the Russell 2000® Index. The Notes pay a periodic $14.35% contingent coupon when every underlying asset meets its coupon barrier on an observation date; UBS may call the Notes in whole on monthly observation dates beginning after six months. At maturity the principal is repaid only if each underlying asset is at or above its downside threshold; otherwise repayment will be reduced proportionally to the negative return of the least performing underlying asset. Payments are subject to UBS credit risk. Trade date: April 10, 2026; settlement: April 15, 2026; maturity: April 16, 2031.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Dow Jones Industrial Average®, the Nasdaq-100® Technology Sector and the Russell 2000®, with an aggregate issue size of $1,185,000 and a per‑note principal amount of $1,000. The notes pay a contingent coupon of 12.65% per annum when every underlying closes at or above its coupon barrier on an observation date, are issuer‑callable monthly beginning after six months, and mature on October 2, 2030.

The estimated initial value per note is $959.60, below the issue price, and repayment of principal at maturity is contingent: if the final level of any underlying is below its downside threshold, holders suffer a loss equal to the negative return of the least performing underlying asset (up to a complete loss). All payments are subject to UBS credit risk and there may be little or no secondary market.

UBS AG is offering Buffer Autocallable Contingent Yield Notes linked to the least performing of the Russell 2000® Index and the S&P 500® Index. The offering totals $1,617,000 at an issue price of $1,000 per Note. Notes pay a 7.15% per annum contingent coupon when both underlyings meet coupon barriers on observation dates, are callable after 12 months if both underlyings meet call thresholds, and provide contingent principal protection at maturity subject to a 15.00% buffer. If a least performing underlying falls below its downside threshold, holders suffer losses equal to the decline in excess of the buffer. Payments are subject to UBS credit risk. Trade date: March 27, 2026; final valuation date: March 27, 2031; maturity: April 1, 2031.