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

UBS AG is offering Airbag Autocallable Contingent Yield Notes with Memory Interest linked to the common stock of Sandisk Corporation, with a trade date of March 20, 2026, settlement on March 25, 2026 and maturity on September 22, 2027. The contingent coupon rate will be set on the trade date within a disclosed range of 23.25% to 25.25% per annum. The Notes pay contingent coupons only if the underlying closes at or above the coupon barrier on observation dates, are subject to automatic early call at or above the call threshold, and provide contingent repayment of principal at maturity (cash or share delivery) depending on the final level relative to the downside threshold. The issue price per Note is $1,000.00, the underwriting discount is $27.50 per Note and estimated initial values are between $937.60 and $967.60. All payments are "subject to the creditworthiness of UBS."

UBS AG is offering Trigger Autocallable Yield Notes linked to the least performing of Merck & Co., Inc. common stock and the S&P 500® Index. The Notes pay a fixed coupon of 9.65% per annum in equal monthly installments, have a principal amount of $1,000 per Note and a term of approximately two years, with a strike date of March 10, 2026, trade date March 11, 2026 and maturity date March 15, 2028.

The Notes are subject to monthly observation dates beginning after 12 months and an automatic call if, on any observation date prior to the final valuation date, the closing level of each underlying asset is at or above its call threshold (each call threshold equals 100.00% of its initial level). The downside threshold for each underlying asset is 60.00% of its initial level (Merck downside threshold $70.25; SPX downside threshold 4,068.89). If not called and any underlying asset finishes below its downside threshold, maturity payment equals $1,000 × (1 + underlying return of the least performing underlying asset), which can result in substantial loss, including total loss.

UBS AG offers $400,000 of Trigger Callable Contingent Yield Notes linked to the least performing of Amazon.com, Inc. and Palantir Technologies Inc. The Notes pay a $1,000 principal per Note, a 21.55% per annum contingent coupon (paid only if both underlyings meet coupon barriers on observation dates), are callable by UBS beginning after six months, and mature on March 2, 2028. If not called and any underlying finishes below its $105.00 (AMZN) or $68.60 (PLTR) downside threshold (both 50% of initial levels), principal repayment at maturity will be reduced pro rata to the negative return of the least performing underlying, potentially resulting in substantial or total loss. The estimated initial value on the trade date was $977.00 per Note; the issue price is $1,000 per Note, with proceeds to UBS of $993.50 per Note after underwriting discount.

UBS AG is offering Trigger Autocallable Contingent Yield Notes with Memory Interest linked to Apollo Global Management common stock. The Notes have a term of approximately 18 months, an expected trade date of March 13, 2026, settlement on March 18, 2026, and maturity on September 16, 2027.

The contingent coupon range is 15.25% to 16.25% per annum. The call threshold is set at 100.00% of the initial level; the coupon barrier and downside threshold are each set at 65.00% of the initial level. Each Note has a principal amount of $1,000. Issue price and proceeds show an underwriting discount of $27.50 per Note and proceeds of $972.50 per Note. The issuer discloses an estimated initial value range of $928.60 to $958.60 per Note.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Delta Air Lines, Inc. The Notes have a trade date of March 11, 2026, expected settlement on March 13, 2026, a final valuation date of March 11, 2027, and maturity on March 15, 2027.

The Notes pay a contingent coupon on each coupon payment date only if the underlying closing level on the applicable observation date is at or above a coupon barrier. The Notes will autocall early if the underlying closes at or above the initial level on any observation date prior to maturity. If not called, principal repayment at maturity is contingent: if the final level is at or above the downside threshold the principal is repaid; if below, repayment is reduced proportionally, exposing investors to full downside market loss.

The offering has a minimum purchase of 100 Notes at $10 per Note (minimum $1,000). The estimated initial value range is $9.46 to $9.71 per Note. All payments are subject to UBS credit risk.

UBS AG is offering Trigger Callable Contingent Yield Notes totaling $992,000. The Notes are linked to the least performing of the Dow Jones Industrial Average, the Russell 2000 and the Nasdaq-100 Technology Sector, mature on March 11, 2031 and pay a contingent coupon of 11.75% per annum only when each underlying closes at or above its coupon barrier on an observation date. UBS may call the Notes monthly (beginning after approximately six months). If not called, principal is repaid at maturity only if each final level is at or above its downside threshold (each downside threshold equals 60.00% of the initial level); otherwise, holders suffer a loss equal to the percentage decline of the least performing underlying asset, potentially losing all principal. The estimated initial value at issuance was $957.20 per Note; issue price was $1,000 per Note (total $992,000), with an underwriting discount of $7.50 per Note.

UBS AG is offering $5,782,000 of Contingent Income Auto-Callable Securities due March 9, 2029, linked to the common stock of Bank of America Corporation. Each security has a stated principal amount of $1,000 and an issue price of $1,000. Investors may receive a contingent payment of $26.875 (equivalent to 10.75% per annum) on each contingent payment date if the closing price of the underlying equity on a determination date is equal to or greater than the downside threshold level of $34.05 (70.00% of the initial price). If the closing price on any determination date (other than the final determination date) is equal to or greater than the call threshold level of $48.64 (100.00% of the initial price), the securities will be redeemed early and UBS will pay the stated principal plus the applicable contingent payment. If not redeemed early and the final price is less than the downside threshold level, UBS will deliver a cash value equal to the exchange ratio multiplied by the final price, and investors may lose a significant portion or all of their investment. The estimated initial value as of the pricing date is $965.10. All payments are subject to the credit risk of UBS AG.

UBS AG is offering $7,929,000 of Trigger Autocallable Notes linked to the EURO STOXX 50® Index due March 11, 2031. Each Note has a $10 principal amount, a 10.05% per annum call return rate and quarterly observation dates beginning after 12 months. The Notes will be automatically called if the underlying index closes at or above the 100.00% call threshold on any observation date, paying a specified call price. If not called, principal repayment at maturity depends on the final index level versus a 75.00% downside threshold; losses up to the full principal are possible. All payments are subject to UBS credit risk and limited secondary market liquidity.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Dow Jones Industrial Average, the Russell 2000 and the EURO STOXX 50. The aggregate issue size is $29,990,800 with a per-Note issue price of $10 (minimum 100 Notes). The contingent coupon rate is 14.10% per annum (contingent coupon of $0.3525 per Note per quarter) payable only if each underlying closing level is at or above its coupon barrier on every trading day in an observation period. UBS may call the Notes quarterly; if called you receive principal plus any contingent coupon due. If not called and the final level of any underlying is below its downside threshold, the payment at maturity will be $10 × (1 + Underlying Return of the Least Performing Underlying Asset), exposing holders to partial or total loss of principal. The estimated initial value on the trade date is $9.885. All payments are subject to UBS credit risk.

UBS AG is offering Airbag Autocallable Yield Notes linked to the common stock of Caterpillar Inc., due March 12, 2027. The Notes pay a coupon on each coupon payment date unless automatically called earlier. UBS will automatically call the Notes if the closing level of the underlying asset on any observation date prior to the final valuation date is equal to or greater than the initial level; in that case holders receive principal plus the coupon on the related coupon payment date and no further payments are made. If not called, repayment at maturity depends on the final level: if the final level is equal to or greater than the conversion level, UBS pays the $1,000 principal per Note plus coupon; if the final level is less than the conversion level, UBS will deliver a share delivery amount (number of Caterpillar shares equal to $1,000 divided by the conversion level) and any fractional share cash-in-lieu, which may be worth less than principal, causing loss of some or all principal. All payments are subject to the creditworthiness of UBS. Trade date was March 10, 2026, settlement March 12, 2026, final valuation March 10, 2027, maturity March 12, 2027.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to NVIDIA Corporation due March 13, 2028. The Notes pay periodic contingent coupons only if 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 prior to final valuation.

If not called, principal is repaid at maturity only if the final level is at or above the downside threshold (set at $60.00, or 60.00% of the initial level in the examples). If the final level is below that threshold, repayment at maturity can be less than principal, with losses equal to the underlying return; in extreme cases you could lose your entire investment. Minimum investment is 100 Notes at $10 per Note. The estimated initial value at trade date is $9.79.

UBS AG is offering Airbag Autocallable Yield Notes linked to the common stock of Caterpillar Inc. The Notes have a Trade Date of March 10, 2026, expected Settlement Date March 12, 2026, final valuation on March 10, 2027, and maturity about March 12, 2027. UBS will pay a coupon on each coupon payment date unless the Notes are automatically called.

The Notes are automatically called early if the underlying stock closes at or above the initial level on any observation date prior to the final valuation date, in which case holders receive principal plus the coupon on the related coupon payment date. If not called, repayment at maturity depends on the final level relative to the conversion level: UBS will repay principal plus coupon if final level is at or above the conversion level; otherwise holders receive a share delivery amount (principal divided by the conversion level) and may suffer a loss of some or all principal. The Notes are unsecured obligations of UBS and are not FDIC insured. The preliminary estimated initial value range is $953.40 to $978.40 per $1,000 Note; an illustrative coupon example shown is 10.51% per annum. Principal repayment is contingent on both underlying performance and UBS creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to NVIDIA Corporation due on or about March 13, 2028. 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 any prior observation date. At maturity, if not called, principal is repaid in full only if the final level is at or above a downside threshold; otherwise principal is reduced proportionally to the underlying return, creating potential for substantial or total loss.

The Notes have a stated principal amount of $10 per Note with a minimum purchase of 100 Notes ($1,000). UBS estimates an initial value range of $9.49 to $9.74 as of the trade date. Example terms shown include a hypothetical contingent coupon rate of 14.01% per annum and a downside threshold equal to $60.00 (60.00% of the initial level).

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to MercadoLibre, Inc. stock due March 13, 2028. The Notes pay periodic contingent coupons only if the underlying closing level on an observation date meets the coupon barrier; otherwise no coupon is paid. The Notes will be automatically called early if the underlying closes at or above the initial level on any quarterly observation date beginning after six months, in which case UBS will pay principal plus any contingent coupon on the related call settlement date. If not called, repayment at maturity depends on the final level relative to the downside threshold: if the final level is below that threshold, principal is reduced pro rata to the underlying return and you could lose all of your investment. The Notes are unsecured obligations of UBS and repayment is subject to UBS’s creditworthiness. The offering example shows a hypothetical $10 principal, a 17.19% per annum contingent coupon rate (contingent coupon of $0.4298 per period), a downside threshold of $70.00 (70% of initial level), and an estimated initial value of $9.72 on the trade date.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Oracle Corporation common stock due September 13, 2027. The Notes pay contingent coupons only if the underlying closing level on observation dates meets the coupon barrier and may be automatically called early if the underlying meets 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; otherwise repayment falls in proportion to the underlying return and you could lose a significant portion or all of your investment. Terms shown include a $10 principal per Note, minimum investment of 100 Notes ($1,000), an estimated initial value of $9.78 per Note as of the trade date, Trade Date March 10, 2026, Settlement Date March 12, 2026, Final Valuation Date September 9, 2027, and Maturity Date September 13, 2027. Example terms illustrate a hypothetical contingent coupon rate of 23.25% per annum, a coupon barrier and downside threshold at $60.00 (60% of the initial level), and example payoffs ranging from $10.5813 (if autocall) to $3.60 at maturity (if final level is below the downside threshold).

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of MercadoLibre, Inc., due on or about March 13, 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 quarterly beginning after six months if the underlying closes at or above the initial level on an observation date. If not called, principal repayment at maturity is contingent: full principal is paid if the final level is at or above a stated downside threshold; if the final level is below that threshold, repayment can be reduced proportionally, potentially resulting in a large loss or total loss of principal. The Notes are unsecured obligations of UBS and subject to UBS credit risk. The minimum investment is $1,000 (100 Notes at $10 each); estimated initial value range at trade date is between $9.42 and $9.67. Key dates include trade date March 10, 2026, settlement date March 12, 2026, final valuation date March 9, 2028, and maturity March 13, 2028.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Lam Research Corporation. The Notes pay a contingent coupon only if the underlying closes at or above a coupon barrier on observation dates; they are automatically called if the underlying closes at or above the initial level on any observation date prior to maturity.

The Notes have a principal amount of $10 per Note, an estimated initial value of $9.78, a minimum investment of 100 Notes ($1,000), a final valuation date of March 9, 2028 and a maturity date of March 13, 2028. The example contingent coupon rate shown is 22.23% per annum (contingent coupon of $0.5558 per $10 Note). If not called and the final level is below the downside threshold (example: 50.00% of the initial level), repayment at maturity may be less than principal, and you could lose a substantial portion or all of your investment. Any payments depend on UBS’s creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Oracle Corporation, with a trade date of March 10, 2026, expected settlement on March 12, 2026 and maturity on September 13, 2027.

The Notes pay a periodic contingent coupon only if the underlying closing level on an observation date is equal to or above the coupon barrier; they autocall early if the underlying closes at or above the initial level on any observation date. If not called and the final level is below the downside threshold (stated example: $60.00, 60.00% of the initial level), principal repayment at maturity is contingent and may result in a loss equal to the underlying return, including loss of the entire investment. Example terms show a hypothetical contingent coupon rate of 20.10% per annum and a $10 principal per Note; minimum investment is 100 Notes.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Lam Research Corporation, maturing on or about March 13, 2028. The notes pay contingent coupons only if observation-date closing levels meet coupon barriers and may be automatically called early if the underlying equals or exceeds the initial level on an observation date. Trade and settlement dates are March 10, 2026 and March 12, 2026, respectively. The notes require a minimum purchase of 100 Notes ($1,000) and have an estimated initial value range of $9.43 to $9.68 per Note on the trade date. Principal repayment at maturity is contingent: if not called and the final level is below the downside threshold, repayment may be less than principal, and investors could lose a significant portion or all of their investment. All payments are subject to the creditworthiness of UBS AG. This preliminary pricing supplement sets final terms on the trade date and emphasizes key risks, liquidity limits, and that the Notes will not be listed on an exchange.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Blackstone Inc. common stock due March 12, 2029. The Notes pay periodic contingent coupons only if the underlying closing level on each observation date is at or above a coupon barrier and will be automatically called early if the underlying closing level on any observation date before the final valuation date is at or above the initial level. If not called and the final level is below the downside threshold, principal repayment at maturity is reduced proportionally to the underlying return, potentially resulting in a loss of all principal. Trade date is March 10, 2026, settlement March 12, 2026, final valuation date March 8, 2029, and maturity March 12, 2029. Minimum investment is 100 Notes ($1,000); the estimated initial value per Note on the trade date was $9.63. Any payment is subject to UBS creditworthiness.

UBS AG is offering $1,343,000 of Airbag Autocallable Yield Notes linked to the common stock of Capital One Financial Corporation. Trade date is March 10, 2026, settlement is March 12, 2026, final valuation date is March 10, 2027 and maturity is March 12, 2027

The Notes pay a coupon on each coupon payment date unless they are automatically called early when the closing level of the underlying is equal to or greater than the initial level on an observation date. If not called, principal repayment at maturity is contingent: UBS will repay principal in cash only if the final level is at or above the conversion level; otherwise holders receive a calculated share delivery amount (plus cash for fractional shares), which can be worth less than the principal and result in a loss. The estimated initial value per Note is $981.40. Payments are subject to the creditworthiness of UBS.

UBS AG has posted a preliminary pricing supplement for Trigger Autocallable Contingent Yield Notes linked to the common stock of Blackstone Inc. The notes are expected to trade on March 10, 2026 with settlement on March 12, 2026 and maturity on or about March 12, 2029. The securities pay contingent coupons only if the underlying meets coupon barriers on observation dates, include an automatic early-call if the underlying reaches or exceeds the initial level on an observation date, and repay principal at maturity only if the final level is at or above a downside threshold; otherwise holders suffer downside market exposure, potentially losing all principal. The notes are unsecured obligations of UBS and repayment is subject to UBS creditworthiness. The preliminary supplement states a $10 principal amount per note, a minimum purchase of 100 notes ($1,000), and an estimated initial value range of $9.28 to $9.53 as of the trade date.

UBS AG is offering Airbag Autocallable Yield Notes linked to the common stock of Capital One Financial Corporation under a preliminary pricing supplement dated March 10, 2026 (Registration No. 333-283672). The Notes pay a coupon on each coupon payment date unless they are automatically called early.

The Notes will automatically call if the closing level of the underlying stock on any observation date prior to the final valuation date is equal to or greater than the initial level, in which case UBS will pay principal plus the coupon on the related coupon payment date. If not called, repayment at maturity (maturity date March 12, 2027) is contingent: UBS will repay principal in cash if the final level is equal to or greater than the conversion level, but will deliver a share delivery amount (equity settlement) if the final level is less than the conversion level, which can result in losing some or all of the initial investment. Trade date is March 10, 2026 with settlement on March 12, 2026.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Wells Fargo & Company due March 13, 2028. The notes pay a contingent coupon 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 prior observation date is equal to or greater than the initial level, in which case UBS pays principal plus any contingent coupon due on the related coupon payment date.

If not auto‑called, repayment at maturity depends on the final level: if the final level is at or above the downside threshold the principal ($10 per note) is returned; if below the downside threshold the cash payment equals $10 x (1 + underlying return), which can result in a percentage loss equal to the underlying return and, in extreme cases, a total loss. The prospectus discloses a contingent coupon rate example of 12.65% per annum (contingent coupon = $0.6325 per $10 note) and a downside threshold and coupon barrier example of $70.00 (70.00% of the initial level). The notes carry issuer credit risk of UBS and an estimated initial value of $9.75 as of the trade date. Trade date is March 10, 2026, settlement March 12, 2026, final valuation date March 9, 2028 and maturity March 13, 2028. Minimum purchase is 100 notes ($1,000).

UBS AG proposes an offering of Trigger Autocallable Contingent Yield Notes linked to the common stock of Wells Fargo & Company due on or about March 13, 2028. The Notes pay periodic contingent coupons only if the underlying closes at or above the coupon barrier on observation dates and may be automatically called early if the underlying closes at or above the initial level on any observation date prior to 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 (stated example: $70.00, 70.00% of the initial level); if below that threshold, investors suffer a loss equal to the underlying return and could lose their entire investment. Trade and settlement are shown as March 10, 2026 and March 12, 2026; final valuation and maturity dates are shown as March 9, 2028 and March 13, 2028. The Notes are offered in minimum blocks of 100 Notes at $10 per Note, with an estimated initial value range of $9.45 to $9.70. All payments are subject to the creditworthiness of UBS AG.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Applied Materials, Inc. due March 12, 2029. The Notes pay a periodic contingent coupon only if the underlying closing level on an observation date meets or exceeds the coupon barrier; otherwise no coupon is paid.

The Notes will be automatically called early if the underlying closing level on any observation date prior to the final valuation date is equal to or greater than the initial level, in which case UBS will pay principal plus any contingent coupon on the related call settlement date. If not called, principal repayment at maturity is contingent: full principal is paid if the final level is at or above the downside threshold; if below, repayment equals $10 x (1 + underlying return), which can result in a partial or total loss of principal.

Key terms shown: trade date March 10, 2026, settlement March 12, 2026, final valuation date March 8, 2029, maturity March 12, 2029, downside threshold $70.00 (70.00% of the initial level), illustrative contingent coupon rate 24.23% per annum, illustrative contingent coupon $0.6058 per $10 Note, estimated initial value $9.66, minimum investment 100 Notes ($1,000).

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Applied Materials, Inc. The Notes mature on March 12, 2029, have a principal amount of $10 per Note and an initial trade date of March 10, 2026 with settlement on March 12, 2026.

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 and the final level is below the downside threshold, repayment may be less than principal and can reflect the full percentage decline in the underlying, including a total loss in extreme cases. Payments are subject to the creditworthiness of UBS. The preliminary estimated initial value range is $9.36 to $9.61 per Note and minimum investment is 100 Notes.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of The Goldman Sachs Group, Inc., due March 13, 2028. Each Note has a principal amount of $10 and a minimum purchase of 100 Notes ($1,000).

The Notes pay a contingent coupon (example rate 11.50% per annum) only if the underlying stock closes at or above the coupon barrier on an observation date. The Notes will be automatically called early if the underlying closes at or above the initial level on any observation date; in that case UBS pays principal plus any contingent coupon on the related coupon payment date. If not called, repayment at maturity is contingent: if the final level is at or above the downside threshold (example: $65.00, or 65.00% of the initial level), UBS repays principal; if the final level is below the downside threshold, repayment is reduced pro rata (example payment formula: $10 x (1 + Underlying Return)), and investors can lose a significant portion or all of their investment. The estimated initial value shown is $9.76 per Note.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of The Goldman Sachs Group, Inc. The notes mature on March 13, 2028, with a trade date of March 10, 2026 and expected settlement on March 12, 2026. The notes pay periodic contingent coupons only if the underlying closes at or above the coupon barrier on observation dates and may be automatically called early if the underlying closes at or above the initial level on any prior observation date. At maturity, if not called, principal repayment is contingent: full principal is paid only if the final level is at or above the disclosed downside threshold; otherwise principal is reduced proportionally to the underlying return and investors could lose up to all principal. Minimum purchase is 100 Notes at $10 per Note ($1,000), and the estimated initial value range is $9.46 to $9.71 per Note. All payments are subject to the creditworthiness of UBS.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the American depositary receipts of Baidu, Inc. The Notes have a principal amount of $10 per Note, trade date March 10, 2026, settlement March 12, 2026, and maturity March 12, 2029.

The Notes pay a contingent coupon only if the underlying ADR closing level on an observation date meets or exceeds the coupon barrier; they are automatically called if the ADR closing level on any quarterly observation date (beginning after six months) is equal to or greater than the initial level. If not called, principal repayment at maturity is contingent: full principal is paid only if the final level is at or above the downside threshold; otherwise principal is reduced proportionally to the underlying return, potentially resulting in total loss. The estimated initial value on the trade date was $9.72.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the American depositary receipts of Baidu, Inc., due on or about March 12, 2029. The preliminary pricing supplement dated March 10, 2026 describes quarterly observation dates beginning after approximately six months, contingent coupons payable only if the ADR closing level meets the coupon barrier, and an automatic call if the ADR closing level meets or exceeds the initial level on any observation date prior to the final valuation date.

The notes pay contingent coupons when observation-date levels meet the coupon barrier, repay $10 per Note at maturity if the final level is at or above the downside threshold, and expose holders to full downside market losses if the final level is below the downside threshold. All payments are subject to UBS credit risk. Trade date is March 10, 2026 with settlement on March 12, 2026.

UBS AG London Branch is offering $3,620,000 of Contingent Income Callable Securities linked to the S&P 500® Index, with a $1,000 stated principal per security and maturity on March 9, 2028. Each periodic contingent payment equals $22.375 if the index closing level on a determination date is at least 80.00% of the initial index level (initial index level 6,740.02; coupon barrier/downside threshold 5,392.02).

UBS may call the securities in whole on any determination date; if not called and the final index level is below 80.00%, maturity payment will decline pro rata with the index (investors may lose a significant portion, possibly all, of principal). Issue price is $1,000, estimated initial value $981.80, underwriting fees total $54,300, and all payments are subject to the credit risk of UBS AG.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the least performing of the common stock of Micron Technology, Inc. and NVIDIA Corporation, due on or about March 22, 2029. The Notes have a principal amount of $1,000 per Note and a contingent coupon rate of 28.00% per annum; contingent coupons pay only if both underlyings meet coupon barriers on observation dates. The Notes are callable monthly beginning after six months and pay principal at maturity only if both underlyings are at or above their downside thresholds; otherwise holders receive a share delivery amount of the least performing underlying, which may be worth significantly less than principal. Trade and settlement are expected on March 18, 2026 and March 23, 2026. UBS will receive underwriting proceeds of $957.50 per Note after an underwriting discount of $42.50. The estimated initial value range is $907.90 to $937.90 per Note.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the S&P 500® Index and the Russell 2000® Index due on or about March 22, 2029. The Notes pay a contingent coupon of 9.75% per annum only if each underlying meets its coupon barrier on observation dates; otherwise no coupon is paid.

The Notes are issuer-callable quarterly (beginning ~6 months after issuance). If not called, principal repayment at maturity depends on the final levels versus 70.00% downside thresholds—if any underlying is below 70% of its initial level, principal is reduced pari passu to the loss of the least performing underlying. Issue price is $1,000 per Note; the estimated initial value range is $948.10–$978.10. Investments are unsecured obligations of UBS and subject to UBS credit and other material risks described herein.

UBS AG is offering $500,000 of Trigger Callable Contingent Yield Notes due March 9, 2029 linked to the least performing of the Nasdaq-100® Technology Sector, the Russell 2000® Index and the S&P 500® Index. The Notes pay a contingent coupon of 12.00% per annum only when each underlying closes at or above its coupon barrier on an observation date; otherwise no coupon is paid.

The Notes are issuer-callable monthly beginning after approximately three months; if called UBS will pay principal plus any contingent coupon then due. If not called, repayment at maturity depends on the least performing underlying: if its final level is below its downside threshold (60% of initial level) holders suffer principal loss equal to that underlying return. The issue price is $1,000 per Note (total $500,000); the estimated initial value was $969.50 as of the trade date. All payments are subject to UBS credit risk.

UBS AG London Branch is offering $7,417,000 in aggregate face amount of Digital S&P 500® Index‑Linked Medium‑Term Notes due March 29, 2027. The notes pay no interest and settle in cash on the stated maturity based on the S&P 500® Index performance measured from the trade date March 6, 2026 to the determination date March 24, 2027.

If the final underlier level is ≥ the buffer level (90.00% of the initial underlier level of 6,740.02), holders receive the maximum settlement amount of $1,095.10 per $1,000 face amount. If the final underlier level is below the buffer, holders suffer losses of approximately 1.1111% of face for each 1.00% decline below the buffer and could lose their entire investment. The estimated initial value on the trade date was $986.00 per $1,000 face amount.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Russell 2000® Index and the S&P 500® Index. The notes have a principal amount of $1,000 per Note, a contingent coupon structure (an illustrative contingent coupon of 11.45% per annum and $28.625 per quarter is shown), trade date March 17, 2026, expected settlement March 20, 2026, final valuation date March 19, 2029 and maturity March 22, 2029. The notes are issuer-callable beginning after six months on quarterly observation dates; if called by UBS you receive principal plus any contingent coupon payable on the call settlement date. If not called, principal repayment at maturity is contingent: you receive $1,000 if each underlying’s final level is at or above its downside threshold (illustratively 70.00% of initial level), otherwise the cash payment equals $1,000 × (1 + Underlying Return of the Least Performing Underlying Asset), which can result in a substantial loss or total loss of principal. The estimated initial value range shown is $962.60 to $992.60 per Note. All payments are subject to UBS credit risk and the Notes are not exchange listed.

UBS AG is offering Trigger Autocallable Contingent Yield Notes with Memory Interest due on or about March 16, 2029. The Notes have a principal amount per Note of $1,000.00, an indicative contingent coupon rate of 9.75% per annum and a term of approximately three years.

The Notes pay semiannual contingent coupons only if both the S&P 500® and Russell 2000® closing levels meet coupon barriers on observation dates, are automatically called if both indices reach call threshold levels (100% of initial level) on an observation date, and repay principal at maturity only if both indices are at or above downside thresholds (75% of initial level); otherwise repayment at maturity reflects the decline of the least performing underlying asset. Trade and strike dates are March 13, 2026, settlement is expected March 18, 2026, and the final valuation date is March 13, 2029.

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 due on or about October 2, 2030. The Notes pay a periodic contingent coupon (the specified rate shown on the cover is 12.65% per annum for one reference line) only if each underlying asset is at or above its coupon barrier on each monthly observation date; otherwise no coupon is paid. UBS may call the Notes in whole on monthly observation dates beginning after six months. At maturity, if any underlying asset is below its downside threshold (60.00% of its initial level), repayment of principal will be reduced proportionally to the negative return of the least performing underlying asset, and you could lose a substantial portion or all of your investment. The trade date is March 27, 2026, settlement expected April 1, 2026, final valuation date September 27, 2030, and maturity October 2, 2030. The issuer’s estimated initial value range is $953.60 to $983.60 per $1,000 Note; the issue price includes underwriting, hedging and other costs.

UBS AG offers Buffer GEARS linked to the least performing of the MSCI EAFE® Index and the EURO STOXX 50® Index in a $382,000 issuance. The securities mature on September 14, 2027 and pay at maturity based on the percentage change of the least performing underlying asset from the trade date to the final valuation date.

If the least performing underlying return is positive, the cash payment per Security equals the $1,000 principal plus that return multiplied by the upside gearing of 1.2015. If the least performing underlying return is zero or negative but the final level is at or above the downside threshold (80% of the initial level), UBS will repay the principal amount. If the least performing underlying return is negative and the final level is below its downside threshold, the payment may be less than principal after applying a 20.00% buffer, and investors could lose almost all of their initial investment.

Payments, including any principal repayment, are subject to UBS credit risk and the contingent repayment applies only at maturity. Trade date was March 9, 2026, settlement March 12, 2026, final valuation date September 9, 2027.

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 have a $1,000 principal amount per Note, a stated contingent coupon rate of 12.00% per annum (contingent on each observation date), a trade date of March 13, 2026, expected settlement on March 18, 2026, a final valuation date of March 13, 2029 and maturity on March 16, 2029. UBS may call the Notes in whole on monthly observation dates beginning after 12 months. At maturity holders receive principal only if every underlying asset is at or above a 70.00% downside threshold; otherwise repayment is reduced pro rata to the negative return of the least performing underlying asset. The Notes are unsecured obligations of UBS and payments depend on UBS creditworthiness.

UBS AG offers Trigger Callable Contingent Yield Notes linked to the least performing of the Dow Jones Industrial Average, the Russell 2000 and the S&P 500. The Notes have a $1,000 principal amount per Note, a contingent coupon rate of 10.75% per annum, trade date March 20, 2026, settlement March 25, 2026, final valuation March 20, 2031 and maturity March 25, 2031. UBS may call the Notes in whole on quarterly observation dates beginning after six months. Coupon payments occur only if each underlying's closing level is at or above a coupon barrier (typically 75% of initial level); repayment of principal at maturity is contingent and may be reduced if the least performing underlying finishes below its downside threshold (typically 55% of initial level). The estimated initial value range is $960.00 to $990.00, while the issue price is $1,000.00. The Notes are unsecured obligations of UBS and subject to UBS credit risk; secondary market liquidity may be limited.

UBS AG offers $16,250,000 of Step Down Trigger Autocallable Notes linked to the least performing of the Dow Jones Industrial Average and the S&P 500, maturing March 8, 2030. Each Note has a $1,000 principal amount, a 9.75% per annum call return rate and annual observation dates. The Notes will be automatically called if the closing level of each underlying asset equals or exceeds its call threshold on an observation date; call prices rise with time (up to $1,390.00 at final valuation). If not called, repayment at maturity depends on the least performing underlying asset and can result in a loss up to the entire principal (downside thresholds set at 75.00% of initial levels). The estimated initial value as of the trade date was $982.00. 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 and S&P 500. The offering totals $550,000 with a principal amount of $1,000 per Note, a contingent coupon rate of 9.00% per annum, trade date March 9, 2026, settlement March 12, 2026, final valuation March 9, 2028 and maturity March 14, 2028. Coupons are paid only if both indices meet coupon barriers on monthly observation dates; UBS may call the Notes in whole (beginning after 12 months). At maturity, principal is repaid only if each underlying is at or above its downside threshold (70% of initial levels); otherwise repayment is reduced in line with the percentage decline of the least performing underlying asset, and you could lose all of your investment. All payments are subject to UBS credit risk.

UBS AG offers Trigger Callable Contingent Yield Notes linked to the least performing of the Russell 2000®, S&P 500® and EURO STOXX 50® indices. The notes have a principal amount of $10 per Note, an expected term of approximately 33 months, an estimated contingent coupon rate of 14.20% per annum and scheduled maturity on December 13, 2028. The notes pay a fixed contingent coupon for each observation period only if each underlying asset closes at or above its coupon barrier (70.00% of initial level) on every trading day of that period; otherwise no coupon accrues. UBS may call the Notes in whole on quarterly observation end dates prior to maturity. At maturity, if any underlying asset’s final level is below its downside threshold (60.00% of initial level), repayment will be reduced pro rata based on the least performing underlying asset, potentially resulting in loss of a significant portion or all of the principal. Key dates include a trade date of March 10, 2026, settlement on March 12, 2026, and final valuation on December 11, 2028. The issue price will exceed the Notes’ estimated initial value, and payments are subject to UBS credit risk.

UBS AG offers $585,000 in Trigger Autocallable Contingent Yield Notes linked to the Solactive U.S. Large Cap Volatility Navigator Index, maturing on March 12, 2032. The Notes pay a 18.50% per annum contingent coupon only when the index meets the coupon barrier on monthly observation dates, are autocallable quarterly (first callable after ~6 months) at a call threshold equal to 100.00% of the initial level, and return principal at maturity only if the final level is at or above the downside threshold (50.00% of the initial level). All payments, including any principal repayment, are subject to UBS credit risk; investors may lose a significant portion or all of their investment.

UBS AG is offering $1,345,000 of Trigger Callable Contingent Yield Notes linked to the S&P 500® Index. The Notes pay a contingent coupon of $6.6667 per note per coupon period at a contingent coupon rate of 8.00% per annum, are callable by UBS monthly beginning after six months, and mature on March 9, 2029. The initial level is 6,740.02 with a coupon barrier and downside threshold of 4,650.61 (which is 69.00% of the initial level). If UBS does not call the Notes and the final level is below the downside threshold, principal repayment is reduced proportionally to the decline in the index; in extreme cases you could lose your entire investment. Payments depend on UBS creditworthiness; estimated initial value per note on the trade date was $978.40.

UBS AG offers Buffer Autocallable Contingent Yield Notes due March 17, 2031 linked to the least performing of the Russell 2000Index and the S&P 500Index. The notes have a $1,000 principal amount per note, an indicated contingent coupon rate of 7.30% per annum, monthly observation dates (callable after 12 months), a 100% call threshold, 80% coupon barriers, a 85% downside threshold and a 15.00% buffer. If on any observation date the closing level of each underlying asset meets or exceeds its coupon barrier, UBS will pay the contingent coupon; the notes will be automatically called if on an observation date each underlying asset is at or above its call threshold and will pay principal plus any contingent coupon. If not called, at maturity the payout depends on the least performing underlying asset and the buffer, and an investor can lose some or almost all principal. All payments are subject to UBS credit risk.

UBS AG is offering $2,740,800 of Trigger Autocallable GEARS linked to Diamondback Energy, Inc. common stock. The Securities are sold at $10.00 per Security with a minimum $1,000 investment; trade date is March 6, 2026, settlement March 11, 2026, observation date March 15, 2027, and maturity March 8, 2029.

The terms on the cover: $10 principal per Security, an automatic call if the underlying closing level ≥ the autocall barrier ($180.54, 100.00% of the initial level) on the observation date with a 22.00% call return (call price $12.20). If not called, positive underlying returns are multiplied by upside gearing (1.45); a downside threshold is $117.35 (65.00% of the initial level). Payments, including any principal repayment, depend on UBS creditworthiness. The estimated initial value at trade date was $9.654 per Security.