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 Chipotle Mexican Grill, Inc. The Notes mature on July 10, 2028 and can be automatically called if the underlying stock closes at or above the initial level on an observation date. Coupons are contingent: a coupon is paid for a coupon period only if the underlying's closing level on the corresponding observation date is at or above the coupon barrier. If not automatically called, principal repayment at maturity is contingent on the final level relative to the downside threshold and could result in a loss of principal equal to the underlying return, including a total loss.

The trade date is July 7, 2026 with expected settlement on July 9, 2026. The Notes are unsecured obligations of UBS and any payment depends on UBS's creditworthiness. The estimated initial value range is $9.48 to $9.73 per $10 Note as of the trade date.

UBS AG is offering $629,000 of Trigger Autocallable Contingent Yield Notes linked to United Airlines Holdings, Inc. common stock. The Notes pay a contingent coupon on scheduled coupon payment dates only if the underlying stock closes at or above the coupon barrier on the relevant observation date. 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. If not called, principal repayment at maturity depends on the final level relative to the 50.00% downside threshold: if the final level is below that threshold, repayment is reduced pro rata to the underlying return and investors could lose a significant portion or all of their investment. Trade date is July 7, 2026, settlement is July 9, 2026, final valuation date is July 6, 2028 and maturity is July 10, 2028. The estimated initial value was $9.82 per Note, and payments are subject to UBS credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to United Airlines Holdings, Inc. due on or about July 10, 2028. The Notes pay periodic contingent coupons only if the underlying stock meets coupon barriers on observation dates and may be automatically called early if the stock equals or exceeds the initial level on an observation date. The Notes 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 and investors could lose a significant portion or all of their investment. Trade date is July 7, 2026 with settlement on July 9, 2026. Minimum investment is 100 Notes at $10 per Note. The issuer’s estimated initial value range is $9.45 to $9.70 per Note; all payments are subject to the creditworthiness of UBS.

UBS AG offers $400,000 Trigger Autocallable Contingent Yield Notes linked to the common stock of Meta Platforms, Inc., due July 10, 2028. The Notes pay periodic contingent coupons only if the underlying stock closes at or above the coupon barrier on each observation date and will be automatically called prior to maturity 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, principal is reduced proportionally to the underlying return and you could lose a significant portion or all of your investment. Payments (including any principal repayment) are subject to the creditworthiness of UBS. Trade date is July 7, 2026, settlement July 9, 2026, final valuation date July 6, 2028, and maturity July 10, 2028. The estimated initial value per $10 Note was $9.86 as of the trade date.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Meta Platforms, Inc. The notes pay periodic contingent coupons only if observation-date closing levels meet a coupon barrier and can be automatically called early 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 at maturity is contingent and may be reduced in proportion to the underlying return; extreme outcomes could result in a total loss of principal. Trade date is July 7, 2026, settlement is July 9, 2026, final valuation date is July 6, 2028, and maturity is July 10, 2028. The notes are unsecured obligations of UBS and any payment depends on UBS creditworthiness. The offering has a minimum purchase of 100 Notes at $10 per Note and an estimated initial value range of $9.50 to $9.75 per Note.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Apollo Global Management, Inc. The Notes have observation dates and may pay a periodic contingent coupon only when the underlying closing level is at or above a coupon barrier; they will be automatically called early if the underlying closes at or above the initial level on any observation date prior to the final valuation date. If not called, principal repayment at maturity depends on the final level relative to a downside threshold: if the final level is below that threshold, repayment will be reduced pro rata to the decline in the underlying and you could lose a significant portion or all of your investment. Trade date is July 7, 2026, settlement July 9, 2026, final valuation date July 6, 2028 and maturity July 10, 2028. The prospectus materials state an example contingent coupon rate of 14.68% per annum, an estimated initial value of $9.81, and a minimum investment of $1,000.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Cummins Inc. The Notes mature on July 10, 2028 with a final valuation date of July 6, 2028. The Notes pay periodic contingent coupons only if the underlying closing level on observation dates meets or exceeds the coupon barrier; otherwise no coupon is paid.

If the underlying closes at or above the initial level on any observation date prior to maturity, the Notes are automatically called and investors receive principal plus any contingent coupon on the related call settlement date. If not called, principal repayment at maturity is contingent: if the final level is at or above the downside threshold the principal is returned; if below, repayment equals $10 × (1 + underlying return), exposing investors to the full downside of the underlying, potentially resulting in the loss of the entire investment. The Notes are unsecured obligations of UBS AG and all payments depend on UBS's creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Apollo Global Management, Inc. The preliminary pricing supplement sets key dates: Trade Date: July 7, 2026, Settlement Date: July 9, 2026, Final Valuation Date: July 6, 2028, and Maturity Date: July 10, 2028. Notes are offered in $10 denominations with a minimum purchase of 100 Notes ($1,000). The notes pay periodic contingent coupons only if the underlying stock meets coupon barriers on observation dates, feature an automatic call if the underlying equals or exceeds the initial level on an observation date, and expose holders to contingent repayment of principal at maturity tied to the underlying return; in adverse outcomes investors can lose a significant portion or all principal. The preliminary estimated initial value per Note is between $9.45 and $9.70, as determined by UBS’ internal models. The document emphasizes credit risk of UBS and directs readers to the accompanying product supplement and prospectus for full terms and risk factors.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Cummins Inc. The Notes have a trade date of July 7, 2026, expected settlement on July 9, 2026, a final valuation date of July 6, 2028 and maturity on July 10, 2028. Each Note has a principal amount of $10 and pays a contingent coupon only if the underlying closing level on an observation date is at or above the coupon barrier; otherwise no coupon is paid.

The Notes are callable early if the underlying closes at or above the initial level on any observation date prior to final valuation; an automatic call pays principal plus any contingent coupon on the related coupon payment date. If not called and the final level is below the downside threshold, repayment at maturity may be less than principal and can result in substantial or total loss of principal; credit risk of UBS applies to all payments. The preliminary estimated initial value per Note is between $9.48 and $9.73

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Intel common stock due July 10, 2028. Each Note has a $10 principal amount and pays contingent coupons only if the underlying closing level meets the coupon barrier on observation dates; otherwise no coupon is paid.

If an observation date closing is at or above the initial level the Notes will be automatically called and redeemed for principal plus any contingent coupon on the related call settlement date. If not called and the final level is below the downside threshold, maturity repayment may be less than principal and could result in a loss equal to the underlying return, including a total loss.

UBS AG is offering $1,405,000 of Capped GEARS linked to the VanEck® Gold Miners ETF, maturing July 10, 2028. The securities return principal at maturity only if the underlying return is zero or positive; positive returns are multiplied by an Upside Gearing of 3.00 but capped at a Maximum Gain of 74.52%. If the underlying return is negative, investors suffer the full downside of the ETF (e.g., a -60% underlying return would produce a $4.00 payment per $10 principal). The securities pay no interest, have an estimated initial value of $9.47 per $10 principal, a minimum investment of 100 securities, and are unsecured obligations of UBS subject to UBS credit risk. Key dates: trade date July 7, 2026, settlement July 9, 2026, final valuation date July 6, 2028, maturity July 10, 2028. These terms are subject to the accompanying product supplement and prospectus.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Intel Corporation, with an expected maturity on July 10, 2028. The Notes pay contingent coupons only if the underlying stock closes at or above a coupon barrier on observation dates and can be automatically called early if the underlying closes at or above the initial level on an observation date prior to the final valuation date. If not called and the final level is below the downside threshold, principal repayment at maturity will be reduced proportionally to the underlying return, potentially resulting in a total loss of principal. Trade date and settlement timing are shown as July 7, 2026 and July 9, 2026, respectively. The Notes have a principal amount of $10 per Note, require a minimum purchase of 100 Notes, and the preliminary estimated initial value per Note is between $9.39 and $9.64 as of the trade date.

UBS AG is offering Capped GEARS linked to the VanEck® Gold Miners ETF. The preliminary pricing supplement sets the trade date as July 7, 2026, settlement July 9, 2026, final valuation date July 6, 2028 and maturity July 10, 2028. Payment at maturity depends on the underlying return: a capped, amplified positive return (subject to 68.46% maximum gain and a 3.00x upside gearing) or full downside exposure to the ETF, with principal at risk. The Securities are unsecured obligations of UBS and repayment is subject to UBS creditworthiness. The offering has a minimum investment of 100 Securities (principal $1,000).

The issuer UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Hewlett Packard Enterprise Company maturing on July 9, 2029. The Notes pay a contingent coupon only if the underlying's closing level on an observation date is at or above the coupon barrier; otherwise no coupon is paid. The Notes will be automatically called early if the underlying's closing level on any observation date prior to the final valuation date is equal to or greater than the initial level, in which case holders receive principal plus any contingent coupon due on the 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, holders suffer losses equal to the underlying return and could lose all principal. The Notes are unsecured obligations of UBS and any payments depend on UBS's creditworthiness. Trade date is July 7, 2026, settlement July 9, 2026, final valuation date July 5, 2029 and maturity July 9, 2029. The estimated initial value on the trade date is $9.59 per Note and the minimum investment is 100 Notes ($1,000).

UBS AG priced a preliminary offering of Trigger Autocallable Contingent Yield Notes linked to the common stock of Hewlett Packard Enterprise Company, with expected trade date July 7, 2026, settlement July 9, 2026 and maturity on July 9, 2029. Each Note has a principal amount of $10 and pays a contingent coupon only if the underlying's closing level on an observation date meets or exceeds a coupon barrier; the Notes are automatically called if the underlying equals or exceeds the initial level on an observation date prior to the final valuation 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, holders absorb the underlying's negative return and could lose a significant portion or all principal. The preliminary estimated initial value range is $9.29 to $9.54 per Note. The issuer credit risk of UBS applies to all payments.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Stanley Black & Decker common stock due July 10, 2028. The Notes pay periodic contingent coupons only if the underlying closing level on observation dates equals or exceeds a coupon barrier and will be automatically called early if the underlying closes at or above 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; if the final level is below that threshold, repayment will be reduced pro rata to the percentage decline in the underlying, and investors could lose a significant portion or all of their principal. All payments are subject to UBS creditworthiness. Trade date: July 7, 2026; Settlement date: July 9, 2026; Final valuation date: July 6, 2028; Maturity date: July 10, 2028.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Corning Incorporated common stock due July 9, 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 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 stated downside threshold; if the final level is below that threshold, repayment at maturity will decline in proportion to the underlying return and could result in loss of all principal. Payments remain subject to UBS credit risk. Trade date is July 7, 2026, settlement July 9, 2026, final valuation date July 7, 2027, and maturity July 9, 2027.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Stanley Black & Decker common stock, with a trade date of July 7, 2026, settlement expected July 9, 2026, final valuation on July 6, 2028 and maturity about July 10, 2028. The Notes pay periodic contingent coupons only if the underlying closes at or above a coupon barrier on observation dates and may be automatically called early if the underlying closes at or above the initial level on an observation date. Principal is repaid at maturity only if the final level is at or above a disclosed downside threshold; otherwise repayment at maturity declines in proportion to the underlying return, potentially resulting in substantial or total loss of principal. Minimum investment is 100 Notes at $10 per Note and the estimated initial value range on the trade date is $9.42 to $9.67. Any payments depend on UBSs creditworthiness.

UBS AG is offering $105,000 in Trigger Autocallable Contingent Yield Notes linked to GE Vernova Inc. common stock due July 9, 2029. The Notes pay periodic contingent coupons only if the underlying closes at or above a coupon barrier on observation dates and feature an automatic call if the underlying closes at or above the initial level on any observation date prior to the final valuation 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, repayment is reduced proportionally and you could lose all of your investment. The Notes are unsecured obligations of UBS and any payment is subject to UBS’s creditworthiness. Trade date is July 7, 2026, settlement July 9, 2026, final valuation date July 5, 2029, and maturity July 9, 2029. The estimated initial value per Note is $9.67 and the Notes are offered in minimum increments of 100 Notes at $10 per Note.

UBS AG offers a preliminary pricing supplement for Trigger Autocallable Contingent Yield Notes linked to the common stock of Corning Incorporated, due on or about July 9, 2027. The trade date is July 7, 2026 with expected settlement on July 9, 2026 and final valuation on July 7, 2027. Each Note has a principal amount of $10 and a minimum investment of 100 Notes ($1,000). The notes pay periodic contingent coupons only if the underlying meets coupon barriers on observation dates, carry an automatic call if the underlying reaches the initial level on observation dates, and feature a contingent repayment of principal at maturity subject to a downside threshold. The estimated initial value range is $9.37 to $9.62 per Note. All payments depend on UBS's creditworthiness and you may lose a significant portion or all of your investment.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Microsoft common stock due July 9, 2029. The Notes pay a contingent coupon on scheduled coupon payment dates only if the closing level of Microsoft on the applicable observation date is equal to or greater than the coupon barrier; otherwise no coupon is paid.

The Notes are subject to automatic early call quarterly (beginning after ~6 months) if the closing level is equal to or greater than the initial level; upon an automatic call UBS will pay principal plus any contingent coupon due on the related call settlement date. If not called, principal repayment at maturity is contingent: if the final level is below the downside threshold you will suffer a loss equal to the underlying return and could lose your entire investment. The Notes are unsecured obligations of UBS and payments depend on UBS creditworthiness. The estimated initial value is $9.68 per $10 Note and minimum investment is 100 Notes.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of GE Vernova Inc. The Notes mature on July 9, 2029 with an expected trade date of July 7, 2026 and settlement on July 9, 2026. Each Note has a principal amount of $10. The Notes pay a contingent coupon only when the underlying closing level on an observation date is at or above the coupon barrier; otherwise no coupon is paid. The Notes are automatically called early if the underlying closes at or above the initial level on any observation date prior to the final valuation date; in that case the issuer pays principal plus the contingent coupon on the related call settlement date. If not called, repayment at maturity is contingent: if the final level is below the downside threshold the cash payment may be less than principal and may reflect the underlying return, potentially resulting in a significant loss or total loss of principal. The estimated initial value range is $9.36 to $9.61 per Note. Any payment is subject to the creditworthiness of UBS AG. These Notes are not FDIC insured and are not listed on any exchange.

UBS AG is offering $825,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of Micron Technology, Inc., maturing on July 10, 2028. The Notes pay a contingent coupon on each coupon payment date only if the closing level of the underlying asset on the applicable observation date is at or above the coupon barrier; 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 the final valuation date, in which case UBS will pay principal plus any contingent coupon on the related call settlement date and the Notes will terminate. If not called, principal repayment at maturity depends on the final level relative to the downside threshold: if the final level is below that threshold, holders suffer a loss equal to the underlying return and could lose all principal. Payments are subject to UBS's creditworthiness. The estimated initial value per Note on the trade date is $9.74.

UBS AG priced a preliminary offering of Trigger Autocallable Contingent Yield Notes linked to the common stock of Microsoft Corporation, with a trade date of July 7, 2026, expected settlement on July 9, 2026 and maturity on July 9, 2029. The notes pay a contingent coupon only if the underlying closing level meets or exceeds a coupon barrier on observation dates and carry an automatic call if the underlying equals or exceeds the initial level on any quarterly observation date beginning after six months. At maturity the principal repayment is contingent on the final level relative to a downside threshold; if below that threshold investors bear the percentage loss of the underlying return. The example terms show a $10 principal, an illustrative contingent coupon rate of 9.62% per annum (contingent coupon $0.2405 per period) and a downside threshold of $65.00 (65% of the initial level). The estimated initial value range is $9.36–$9.61 per Note; minimum purchase is 100 Notes at $10 per Note.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Uber Technologies, Inc. The Notes pay periodic contingent coupons only if the underlying closing level on observation dates meets or exceeds the coupon barrier and can be automatically called early if the underlying closes at or above the initial level on an observation date. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; otherwise principal repayment is reduced proportionally to the underlying return and you could lose a significant portion or all of your initial investment. Trade date is July 7, 2026, settlement July 9, 2026, final valuation date July 6, 2028 and maturity July 10, 2028. The Notes have a principal amount of $10 per Note, an estimated initial value of $9.85, and minimum purchase of 100 Notes.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Micron Technology, Inc. common stock due on or about July 10, 2028. The Notes pay periodic contingent coupons only if the underlying closing level meets or exceeds a coupon barrier on observation dates and feature an automatic call if the underlying equals or exceeds the initial level on any prior 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 $10 principal; if below, you receive $10 x (1 + Underlying Return), exposing you to equity downside and possible total loss. Trade date is July 7, 2026 and settlement is expected on July 9, 2026. The estimated initial value range at trade date is $9.37 to $9.62 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 Uber Technologies, Inc. The Notes mature on July 10, 2028 and may be automatically called early if the underlying stock meets or exceeds specified observation‑date levels. Coupons are contingent and paid only when the underlying closing level meets the coupon barrier on an observation date; otherwise no coupon is paid. If not called and the final level is below the downside threshold, repayment at maturity can be less than principal and may equal a percentage loss equal to the underlying return. Trade date is July 7, 2026 with expected settlement on July 9, 2026. The Notes are unsecured obligations of UBS and payments depend on UBS creditworthiness. The offering is a preliminary pricing supplement and final terms will be set on the trade date.

UBS AG is offering $17,780,000 of Contingent Income Auto-Callable Securities with Memory Coupon based on the Class A common stock of Alphabet Inc. The securities have a stated principal amount of $1,000.00 per security, an initial price of $359.91, a call threshold equal to $359.91 (100.00% of the initial price) and a downside threshold equal to $233.94 (65.00% of the initial price).

Holders may receive contingent payments of $25.25 per security (equivalent to 10.10% per annum) on specified contingent payment dates if the closing price on a determination date is equal to or greater than the downside threshold; unpaid contingent payments may be paid later under the memory coupon feature. If a determination date (other than the final determination date) meets the call threshold, the securities will be auto‑redeemed for the stated principal plus applicable contingent payments. If not redeemed and the final price is below the downside threshold, UBS will deliver a cash value (exchange ratio × final price) and investors can lose a significant portion or all of their investment.

The issuer UBS AG London Branch is offering $13,687,000 of Contingent Income Auto-Callable Securities with Memory Coupon due July 6, 2029, linked to the common stock of The Goldman Sachs Group, Inc.. Each security has a stated principal amount of $1,000.00 and an initial price/initial price reference of $1,021.00. Holders may receive a contingent payment of $25.625 per security on specified contingent payment dates if the closing price at the applicable determination date is at or above the downside threshold of $612.60 (60.00% of the initial price). The securities are callable early if the closing price on a non-final determination date is at or above the call threshold of $1,021.00; early redemption pays the stated principal plus the applicable contingent payment(s). If not called and the final price is below the downside threshold, UBS will deliver a cash value equal to the exchange ratio multiplied by the final price, which could be materially less than principal. Payments are unsecured and subject to UBS credit risk; the estimated initial value on the pricing date was $966.30 and the issue price is $1,000.00.

UBS AG is marketing a preliminary offering of Trigger Autocallable Contingent Yield Notes with Memory Interest linked to the common stock of Vertiv Holdings Co. The notes have a contingent coupon rate of 20.85% per annum, an expected issue price of $1,000 per Note, a strike date of July 13, 2026, and a maturity date of July 18, 2029. The notes are callable quarterly beginning after approximately six months if the underlying meets the call threshold; principal is repaid at maturity only if the final level is at or above the downside threshold (50% of the initial level). The estimated initial value range on the trade date is $937.70 to $967.70. All payments depend on UBS creditworthiness and the notes are not FDIC insured.

UBS AG proposes an offering of Trigger Autocallable Contingent Yield Notes with Memory Interest linked to the common stock of Lumentum Holdings Inc. The Notes pay a contingent coupon of 32.80% per annum, are callable quarterly beginning after six months and mature on July 18, 2029.

The Notes repay principal at maturity only if the final level of the underlying is at or above a downside threshold of 50.00% of the initial level; otherwise principal is reduced in proportion to the underlying's decline. The estimated initial value per Note is between $923.80 and $953.80, with an issue price of $1,000.00 and proceeds to UBS of $976.50 per Note (underwriting discount $23.50 per Note).

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 have a principal amount of $1,000 per Note, a stated contingent coupon rate of 11.16% per annum (contingent coupon $9.30 per applicable coupon payment), monthly observation dates, an issuer call right beginning after three months, an estimated initial value range of $960.10 to $990.10, a trade date of July 10, 2026, expected settlement July 15, 2026, final valuation date January 10, 2030 and maturity January 15, 2030. Coupon payments occur only if each underlying index is at or above its coupon barrier (70% of initial level) on the relevant observation date; principal repayment at maturity is contingent on each underlying index being at or above its downside threshold (60% of initial level). Any payment is subject to UBS credit risk and UBS may call the Notes at its discretion.

UBS AG is offering Trigger Autocallable Notes linked to the MSCI® Emerging Markets, due on or about July 15, 2031. The Notes have a $10 principal amount per Note (minimum investment 100 Notes), quarterly observation dates beginning after 12 months, and may be automatically called if the index closes at or above the call threshold. The cover shows a call return rate range of 13.00% to 14.00% per annum (final rate set on the trade date) and a downside threshold of 65.00% of the initial level. If not called and the final level is below that threshold, holders suffer a loss equal to the index decline; in extreme situations principal could be lost. All payments are subject to UBS credit risk. Trade date and settlement are shown as July 10, 2026 and July 15, 2026, respectively, and the estimated initial value range is $9.307 to $9.607 per Note.

UBS AG offers Trigger Callable Contingent Yield Notes linked to the least performing of the Dow Jones Industrial Average, Russell 2000 and Nasdaq-100 Technology Sector, due on or about July 19, 2029. The Notes pay a contingent coupon only if each underlying asset meets its coupon barrier on an observation date; otherwise no coupon is paid. UBS may call the Notes monthly beginning after approximately six months; if called you receive principal plus any contingent coupon due on the call settlement date. If not called, repayment at maturity depends on the final levels versus the downside thresholds: if any final level is below its downside threshold (generally 60.00% of initial level), principal is reduced in proportion to the decline of the least performing underlying asset and you could lose a significant portion or all of your investment. The preliminary issue price is $1,000.00 per Note, underwriting discount $7.50 per Note, and the illustrative contingent coupon rate shown is 11.85% per annum. The estimated initial value range on the trade date is stated as $957.00 to $987.00. Payments are subject to UBS credit risk and limited liquidity; the Notes will not be listed on an exchange.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the S&P 500®, Russell 2000® and Nasdaq-100® Technology Sector, with a scheduled maturity of July 19, 2029. The notes pay a contingent coupon only if each underlying asset meets its coupon barrier on an observation date; UBS may call the notes monthly beginning after three months. If not called, principal repayment at maturity depends on whether each underlying asset is at or above its downside threshold (70.00% of initial level). The preliminary contingent coupon rate shown is 13.40% per annum and the illustrative issue price is $1,000.00 per note; the estimated initial value range is $957.80 to $987.80. Payments, including any principal, are subject to UBS credit risk.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Dow Jones Industrial Average, the Nasdaq-100 and the Russell 2000. Each $1,000 Note pays a 10.65% per annum contingent coupon only if all three indices meet coupon barriers on each monthly observation date; otherwise no coupon is payable. UBS may call the Notes in whole on monthly observation dates beginning after 12 months; if not called, maturity payment depends on the least performing underlying asset versus a 65% downside threshold and may result in partial or total loss of principal. Estimated initial value is $987.00 per Note and the issue price is $1,000 per Note.

UBS AG is offering Trigger Autocallable Contingent Yield Notes with Memory Interest linked to Arista Networks, Inc. common stock. The issue totals $276,000 at a per-Note issue price of $1,000, with a contingent coupon rate of 20.90% per annum, monthly observation dates, final valuation on July 6, 2027, and maturity on July 9, 2027. The Notes are callable monthly beginning after three months if the closing level meets the call threshold of $173.28 (100% of the initial level). If not called, principal repayment is contingent: full principal at maturity only if the final level is at or above the downside threshold of $103.97 (60% of the initial level); otherwise investors suffer losses proportional to the underlying return. Payments depend on UBS creditworthiness; estimated initial value per Note is $969.50.

UBS AG is offering $1,250,000 of Buffered Contingent Income Auto-Callable Securities due July 8, 2030 linked to the common stock of Micron Technology, Inc.. Each security has a stated principal amount of $1,000.00 and pays a contingent coupon of $65.00 (equivalent to 26.00% per annum) on a determination date if the closing price of the underlying equity is at or above the downside threshold of $487.78 (50.00% of the initial price). The call threshold and initial price are $975.56. The securities are callable early on specified determination dates; if not called and the final price is below the downside threshold, investors receive a cash value that may be less than principal (the cash value equals the exchange ratio times the final price). The securities are unsecured obligations of UBS and subject to UBS credit risk; the estimated initial value at pricing was $946.50 while the issue price is $1,000.00. The offering does not provide participation in stock appreciation and may result in loss of some or all principal.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the S&P 500®, Russell 2000® and Nasdaq-100®, with a contingent coupon rate of 12.35% per annum and a principal denomination of $1,000 per Note. The Notes are callable monthly by UBS beginning after approximately three months; if called UBS will pay principal plus any contingent coupon due on the related call settlement date. If not called, repayment at maturity depends on whether each underlying asset’s final level is at or above its downside threshold of 70.00% of its initial level; if the least performing underlying asset finishes below its downside threshold, the cash payment at maturity will be reduced in direct proportion to that asset’s decline, potentially producing a total loss. The estimated initial value range is $959.40 to $989.40 per Note and the issue price is $1,000.00 per Note; UBS Securities LLC will receive an underwriting discount of $6.50 per Note. The Notes are unsecured obligations of UBS and repayment is 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 periodic contingent coupon of 11.05% per annum only if each index is at or above its coupon barrier on an observation date, are callable by UBS beginning after three months, and mature on or about July 15, 2031. Principal is repaid at maturity only if each index is at or above its downside thresholds (60% of initial level); otherwise repayment is reduced in line with the percentage decline of the least performing index and you could lose a significant portion or all of your investment. Trade date is shown as July 10, 2026 with settlement expected July 15, 2026. The issue price is $1,000 per Note; UBS discloses an estimated initial value range of $958.30 to $988.30 per Note determined by UBS’ internal pricing models.

UBS AG is offering Buffer In‑Digital Securities linked to the State Street® Energy Select Sector SPDR® ETF (XLE) with a principal amount of $1,000 per Security. The Securities have a digital return of 11.00%, a buffer of 15.00% (downside threshold 85.00% of the initial level) and a term of approximately 13 months. Key dates in the preliminary terms: trade date July 10, 2026, settlement July 15, 2026, final valuation date August 10, 2027 and maturity August 13, 2027. The estimated initial value range is $961.50 to $991.50; issue price per Security is shown at $1,000.00 with an underwriting discount of $6.50 and proceeds to UBS of $993.50 per Security. Payments at maturity depend on the final level of XLE relative to the digital barrier (90% of initial level) and the downside threshold (85% of initial level). Any repayment is subject to UBS credit risk and holding to maturity is required to receive contingent principal protections.

UBS AG offers Airbag Autocallable Yield Notes linked to the common stock of Advanced Micro Devices, Inc., maturing July 8, 2027. The Notes pay a coupon on each coupon payment date unless the Notes are automatically called early after an observation date when the underlying closes at or above the initial level. If automatically called, investors receive the principal plus the coupon on the call settlement date and no further payments. If not called, at maturity UBS will repay principal if the final level is at or above the conversion level; otherwise UBS will deliver a share delivery amount (shares plus cash for any fractional share), which is expected to be worth less than principal and can result in a partial or total loss of principal. Trade date is July 6, 2026, settlement July 8, 2026, final valuation date July 6, 2027. The document shows an estimated initial value of $979.30 and uses a $1,000 principal per Note in examples.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of Netflix, Inc., due July 8, 2027. The Notes pay periodic contingent coupons only if the underlying closing level on an observation date meets or exceeds the coupon barrier; otherwise no coupon is paid. The Notes are automatically called early if the underlying closing level on any quarterly observation date (beginning after six months) is equal to or greater than the initial level; an automatic call triggers repayment of the principal amount plus any contingent coupon then due. If not called, principal repayment at maturity depends on the final level relative to the downside threshold: if the final level is below that threshold, principal is reduced proportionally to the underlying return and investors can lose a significant portion, or all, of their investment. Key dates: Trade Date July 6, 2026, Settlement Date July 8, 2026, Final Valuation Date July 6, 2027, Maturity Date July 8, 2027. Minimum investment is 100 Notes at $10 per Note; the estimated initial value is $9.77. All payments are subject to UBS credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Amazon.com, Inc. common stock due July 9, 2029. The Notes pay contingent coupons only when the underlying closing level on an observation date meets or exceeds a coupon barrier and are automatically called 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 payoff declines proportionately to the underlying return, potentially leading to total loss. Trade and settlement are shown as July 6, 2026 and July 8, 2026. The Notes have an estimated initial value of $9.73 per $10 Note and are offered in minimum increments of 100 Notes.

UBS AG is offering Capped Buffer GEARS linked to Micron Technology, Inc. with a two‑year term maturing July 10, 2028. The securities are unsecured debt obligations whose maturity payment depends on the underlying return of Micron stock, subject to an upside cap and a downside buffer.

If the underlying return is positive, payment = $10 × (1 + lesser of (Underlying Return × Upside Gearing) and Maximum Gain). If the underlying return is zero or negative but the final level ≥ the Downside Threshold, principal ($10) is repaid. If the final level is below the downside threshold, payment = $10 × [1 + (Underlying Return + Buffer)], which can result in substantial loss. Estimated initial value is $9.46 per Security and minimum investment is 100 Securities ($1,000).

The issuer UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of CrowdStrike Holdings, Inc.. The Notes pay periodic contingent coupons only if the underlying 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 observation date prior to the final valuation date. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; otherwise, repayment at maturity is reduced in proportion to the underlying return and investors may lose a significant portion or all of their investment. Trade date is July 6, 2026, settlement July 8, 2026, final valuation date July 6, 2028 and maturity July 10, 2028. The estimated initial value per Note was stated as $9.74 and any payment is subject to the creditworthiness of UBS AG.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Applied Materials, Inc. common stock due July 10, 2028. The Notes pay periodic contingent coupons only if the underlying stock closes at or above a coupon barrier on observation dates and are autocallable early if the stock closes at or above the initial level on an observation date. If not called, principal repayment at maturity is contingent: full principal is returned only if the final level is at or above the downside threshold; otherwise principal is reduced proportionally to the underlying return and you could lose a substantial portion or all of your investment. All payments depend on UBS’s creditworthiness. Trade date and settlement are July 6, 2026 and July 8, 2026, with final valuation and maturity on July 6, 2028 and July 10, 2028, respectively. The estimated initial value per Note on the trade date is $9.78.

UBS AG is offering Airbag Autocallable Yield Notes, unsecured debt linked to the common stock of Advanced Micro Devices, Inc., maturing on July 8, 2027. The Notes pay a periodic coupon regardless of AMD share performance unless they are automatically called early, and they will be automatically called if AMD’s closing level on any observation date (before the final valuation date) is at or above the initial level, in which case investors receive the $1,000 principal per Note plus the coupon then due.

If the Notes are not called and AMD’s closing level on the final valuation date is at or above a defined conversion level, investors receive the $1,000 principal per Note at maturity plus the final coupon. If the final level is below the conversion level, investors receive a share delivery amount of AMD stock per Note equal to $1,000 divided by the conversion level (with cash for any fraction), which is expected to be worth less than the principal and can result in a loss of some or all of the initial investment. All payments and deliveries depend on UBS’s creditworthiness, the Notes are not insured or exchange-listed, and the estimated initial value per $1,000 Note is between $953.50 and $978.50.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Netflix, Inc. The preliminary pricing supplement sets a trade date of July 6, 2026, settlement on July 8, 2026, a final valuation date of July 6, 2027 and maturity on July 8, 2027. Each Note has a principal amount of $10 and the issuer may pay periodic contingent coupons only if the underlying stock closes at or above the coupon barrier on observation dates. The Notes can be automatically called on quarterly observation dates if the underlying closes at or above the initial level; otherwise repayment at maturity is contingent and can result in losses tied to the percentage decline of the underlying, including total loss of principal. Estimated initial value is shown as between $9.45 and $9.70. All payments are subject to UBS credit risk.