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 Microsoft Corporation, due on or about March 9, 2029. The trade date is March 5, 2026 with expected settlement March 9, 2026.

The notes pay periodic contingent coupons only if the underlying closes at or above a coupon barrier on an observation date, are subject to automatic quarterly calls beginning after 12 months if the underlying is at or above the initial level, and expose investors to contingent repayment of principal at maturity if the final level is below the downside threshold (examples show an 80% downside threshold). Estimated initial value is stated between $9.38 and $9.63 per $10 note; minimum investment is 100 notes.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of UnitedHealth Group Incorporated, due on or about March 9, 2028. 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 final valuation.

The notes repay principal at maturity only if the final level is at or above a stated downside threshold; if below, principal is reduced proportionally to the underlying return (potentially a complete loss). Trade date is March 5, 2026, settlement March 9, 2026. Minimum investment is 100 notes ($1,000). Estimated initial value per note is between $9.41 and $9.66 as of the trade date.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of D.R. Horton, Inc., with a preliminary pricing supplement dated March 05, 2026. The Notes mature on March 9, 2028 and may be automatically called early if the underlying stock closes at or above the initial level on an observation date. Coupon payments are contingent: a coupon is paid on a coupon payment date only if the closing level of the underlying is at or above the coupon barrier on the related observation date; otherwise no coupon is paid. At maturity, if the Notes are not called and the final level is below the downside threshold, repayment can be less than the principal amount and may reflect the full downside return of the underlying (investors could lose a significant portion or all of their investment). Trade date and settlement are expected on March 5, 2026 and March 9, 2026, respectively. Minimum purchase is 100 Notes at $10 per Note (a $1,000 minimum). The estimated initial value range is $9.42 to $9.67 per Note as of the trade date, determined by UBS’ internal pricing models.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Fluor Corporation, due on or about March 9, 2028. The notes pay a contingent coupon on each coupon payment date only if the underlying stock's closing level on the applicable observation date is equal to or above the coupon barrier; otherwise no coupon is paid. The notes are automatically called early if any observation date prior to the final valuation date has a closing level equal to or greater than the initial level, in which case UBS pays principal plus any contingent coupon on the related coupon payment date. If not called, principal repayment at maturity is contingent: if the final level is equal to or above the downside threshold, UBS pays the principal amount; if the final level is below that threshold, repayment is reduced proportionally to the underlying return and investors may lose a significant portion or all of their investment. Minimum investment is 100 Notes at $10 per Note. The estimated initial value range at trade date is $9.39 to $9.64. All payments are subject to the creditworthiness of UBS.

UBS AG has issued a preliminary pricing supplement for Trigger Autocallable Contingent Yield Notes linked to the common stock of The Goldman Sachs Group, Inc., maturing on March 9, 2028, with final terms set on the trade date and subject to delivery of final Offering Documents.

The Notes pay contingent coupons only if the underlying 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 principal loss at maturity if the final level is below a 70.00% downside threshold. Minimum initial investment is $1,000; estimated initial value per Note is between $9.39 and $9.64.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of United Parcel Service, Inc. The Notes mature on March 9, 2028 with a final valuation date of March 7, 2028. Trade and settlement dates are March 5, 2026 and March 9, 2026, respectively. The Notes may pay periodic contingent coupons only if the underlying closing level meets the coupon barrier on observation dates; they will 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 is reduced proportionally to the underlying return and you could lose a significant portion or all of your investment. Minimum purchase is 100 Notes at $10 per Note; the estimated initial value as of the trade date is $9.74. All payments are subject to the creditworthiness of UBS.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Halliburton Company. The Notes pay periodic contingent coupons only if the underlying closing level meets a coupon barrier and may be automatically called early if the underlying equals or exceeds the initial level on an observation date. Key dates: Trade Date March 5, 2026, Settlement Date March 9, 2026, Final Valuation Date March 7, 2028, Maturity Date March 9, 2028. Principal amount per Note is $10, minimum purchase 100 Notes. The example terms show a 15.64% per annum contingent coupon (example contingent coupon $0.391 per $10 Note), a downside threshold and coupon barrier at $70.00 (70.00% of the initial level), and an estimated initial value of $9.72 per Note as of the trade date. If not called and the final level is below the downside threshold, repayment at maturity is contingent and may result in substantial loss of principal, up to complete loss. All payments are subject to UBS creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to United Parcel Service, Inc. The Notes have a Trade Date of March 5, 2026, Settlement Date March 9, 2026 and mature on March 9, 2028. They pay periodic contingent coupons only if the underlying stock closes at or above a coupon barrier on observation dates and are automatically called early if the underlying closes at or above the initial level on any observation date prior to maturity. Example terms show a hypothetical contingent coupon rate of 11.46% per annum and a downside threshold of $70.00 (70% of the initial level). Minimum investment is 100 Notes at $10 per Note (a $1,000 minimum). The estimated initial value range is $9.40 to $9.65. Principal repayment at maturity is contingent on UBS' creditworthiness and the final underlying level; if the final level is below the downside threshold you may lose a significant portion or all of your investment.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Vistra Corp. common stock maturing on March 9, 2028. The Notes pay periodic contingent coupons only if the underlying stock meets a coupon barrier on bimonthly observation dates, are callable early if the stock equals or exceeds the initial level on an observation date, and repay principal at maturity only if the final level is at or above a downside threshold; otherwise principal is reduced proportionally to the underlying return. The minimum purchase is 100 Notes at $10 per Note; the estimated initial value was $9.69 per Note.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of Capital One Financial Corporation maturing on March 9, 2028. The notes pay a contingent coupon only if the underlying stock closes at or above the coupon barrier on each observation date and will be automatically called early if the stock 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: if the final level is at or above the downside threshold the principal amount of $10 per Note is returned; if the final level is below the downside threshold, the cash payment equals $10 x (1 + underlying return), exposing investors to the full downside of the underlying stock and potential loss of all principal. Trade date is March 5, 2026 and settlement is March 9, 2026. The estimated initial value on the trade date is $9.77. The offering minimum is 100 Notes (principal $1,000). All payments are subject to the creditworthiness of UBS.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Halliburton Company, due on or about March 9, 2028. The trade date is March 5, 2026 with settlement expected March 9, 2026.

The Notes pay a contingent coupon only if the underlying's closing level equals or exceeds a coupon barrier on observation dates, are subject to an automatic call if the underlying reaches the initial level on an observation date, and repay principal at maturity only if the final level is at or above a downside threshold (example: $10 principal, 13.78% p.a. contingent coupon, downside threshold 70% of initial level). Payments depend on UBS creditworthiness; investors may lose a significant portion or all principal. Minimum initial investment is 100 Notes ($1,000); estimated initial value range per Note is $9.37 to $9.62 as of the trade date.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Vistra Corp. with expected trade date March 5, 2026, settlement March 9, 2026, final valuation date March 7, 2028, and maturity March 9, 2028.

The Notes pay periodic contingent coupons only if the underlying closing level meets a coupon barrier on observation dates (bimonthly after six months). The Notes are autocallable if the underlying closes at or above the initial level on an observation date; an automatic call pays principal plus any contingent coupon then due. If not called and the final level is below the downside threshold, repayment at maturity may be less than principal and could result in loss of most or all principal.

Key issued terms shown: minimum investment $1,000, estimated initial value range $9.39–$9.64 per $10 Note, and a hypothetical contingent coupon rate example of 19.63% per annum in illustrative scenarios.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Zscaler, Inc. common stock due March 9, 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 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 60.00% downside threshold; if the final level is below that threshold, repayment is reduced proportionally to the decline in the underlying, and investors could lose a significant portion or all of their investment. Payments depend on UBS creditworthiness. Trade date was March 5, 2026; settlement March 9, 2026; final valuation date March 7, 2028; maturity March 9, 2028. Minimum purchase 100 Notes ($1,000). Estimated initial value on the trade date was $9.73 per Note.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of Capital One Financial Corporation due on or about March 9, 2028. The Notes pay periodic contingent coupons only if the underlying stock closes at or above a coupon barrier on observation dates and are subject to an automatic call if the underlying closes at or above the initial level on any interim observation date. If not called, principal repayment at maturity is contingent: if the final level is at or above a disclosed downside threshold the principal is repaid; if below, repayment falls in proportion to the underlying return and investors could lose a significant portion or all of their investment. Trade and settlement dates are March 5, 2026 and March 9, 2026, with final valuation and maturity around March 7–9, 2028. Minimum investment is 100 Notes ($1,000); UBS estimates an initial value range of $9.42 to $9.67 per Note on the trade date.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of Zscaler, Inc. The Notes mature on or about March 9, 2028, with a trade date of March 5, 2026 and settlement on March 9, 2026. Payments are contingent: periodic coupons are paid only if the underlying closing level meets or exceeds a coupon barrier on observation dates, and the Notes will be automatically called early if the underlying equals or exceeds the initial level on any observation date prior to the final valuation date. If not called, principal is repaid at maturity only if the final level is at or above a disclosed downside threshold; otherwise repayment may be less than principal and could result in total loss of investment. The preliminary offering sets a minimum investment of 100 Notes at $10 per Note and estimates the initial value between $9.43 and $9.68.

UBS AG offers $100,000 Trigger Autocallable Contingent Yield Notes linked to Snap Inc. stock due March 9, 2028. The Notes pay contingent coupons only if the underlying meets a coupon barrier on observation dates and are subject to quarterly automatic calls beginning after 12 months. If an automatic call occurs, UBS pays principal plus any contingent coupon on the related call settlement date. If not called, principal is repaid at maturity only if the final level is at or above the disclosed downside threshold; if the final level is below that threshold, repayment is reduced pro rata to the underlying return and you could lose all of your initial investment. Key terms: trade date March 5, 2026, settlement March 9, 2026, final valuation date March 7, 2028, maturity March 9, 2028, principal per Note $10, minimum investment 100 Notes ($1,000), estimated initial value $9.77.

UBS AG is offering $550,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of First Solar, Inc., maturing March 9, 2029.

The Notes pay periodic contingent coupons only if the underlying closes at or above the coupon barrier on observation dates and are 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; otherwise principal is reduced pro rata to the underlying return, and investors can lose a significant portion or all of their investment. Payments depend on UBS creditworthiness. Trade date is March 5, 2026; settlement March 9, 2026. Minimum investment is 100 Notes ($1,000); the estimated initial value was $9.73 per Note.

UBS AG offers $200,000 Trigger Autocallable Contingent Yield Notes linked to the common stock of Eli Lilly and Company, maturing on March 9, 2028. The notes pay periodic contingent coupons only if the underlying stock closes at or above a coupon barrier on observation dates and are subject to automatic early call if the stock 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 paid if the final level is at or above a disclosed downside threshold; if below that threshold, repayment falls in proportion to the underlying return and investors can lose a significant portion or all principal. All payments are subject to UBS credit risk. Trade and settlement dates are March 5, 2026 and March 9, 2026, respectively.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Snap Inc. The trade date is March 5, 2026, settlement March 9, 2026, final valuation date March 7, 2028 and maturity March 9, 2028. Each Note has a principal amount of $10 and a minimum investment of 100 Notes.

Holders may receive periodic contingent coupons only if the closing level of the underlying equals or exceeds the coupon barrier on observation dates; the Notes are automatically called quarterly (beginning after 12 months) if the closing level is equal to or greater than the initial level. If not called and the final level is below the downside threshold (example: $60.00, or 60% of initial level), principal repayment at maturity can be reduced proportionally, potentially to zero. Any payment depends on UBS's creditworthiness. The estimated initial value range is $9.47 to $9.72 per Note.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of First Solar, Inc., due on or about March 9, 2029. The notes pay a contingent coupon only if the underlying's closing level on an observation date meets or exceeds the coupon barrier.

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; on an automatic call UBS pays principal plus any contingent coupon. If not called, repayment at maturity depends on the final level relative to a downside threshold (an illustrative downside threshold is $60.00, or 60.00% of the initial level). Example terms show a hypothetical contingent coupon rate of 19.08% per annum, estimated initial value range of $9.36 to $9.61 per $10 note, and a minimum purchase of 100 notes ($1,000). Any payment is subject to UBS's creditworthiness and investors may lose a significant portion or all of their investment.

UBS AG priced a preliminary offering of Trigger Autocallable Contingent Yield Notes linked to the common stock of Eli Lilly and Company, with trade date March 5, 2026, expected settlement March 9, 2026, final valuation date March 7, 2028, and maturity on or about March 9, 2028.

The Notes pay periodic contingent coupons only if the underlying closing level on each observation date meets or exceeds a coupon barrier; they are automatically called early if the underlying closes at or above the initial level on any observation date. At maturity, if not called and the final level is below a 70.00% downside threshold, principal is repaid proportionally to the underlying return, which could result in a large loss or total loss of principal. Estimated initial value per $10 Note is between $9.42 and $9.67 as of the trade date; minimum investment is 100 Notes.

UBS AG is offering $4,255,000 in Trigger Autocallable Contingent Yield Notes linked to the common stock of NVIDIA Corporation. The Notes pay contingent coupons only if the underlying closing level meets the coupon barrier on observation dates and may be automatically called early if the underlying closes at or above the initial level on an observation date.

If not called, repayment at maturity depends on the final level relative to a downside threshold: investors receive principal if the final level is at or above that threshold, but may suffer losses equal to the underlying return if the final level is below the threshold, potentially losing the entire investment. All payments are subject to UBS credit risk. Trade date is March 5, 2026, settlement March 9, 2026, final valuation date March 7, 2028, and maturity March 9, 2028.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of NVIDIA Corporation, due on or about March 9, 2028. The Notes pay contingent coupons only if the underlying stock meets coupon‑barrier tests on observation dates and will be automatically called if the underlying equals or exceeds the initial level on any observation date prior to the final valuation date. The Notes have a principal amount of $10 per Note and a minimum investment of 100 Notes ($1,000); UBS estimates the initial value per Note between $9.44 and $9.69. Principal repayment at maturity is contingent on the final level relative to a downside threshold, and any payments are subject to UBS's creditworthiness. These terms are preliminary and the final terms will be set on the trade date.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to lululemon athletica inc. stock due March 9, 2028. 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 autocallable if the underlying closes at or above the initial level on any observation date prior to the final valuation date; an automatic call triggers payment of principal plus any contingent coupon then due. If not called, repayment of principal at maturity depends on the final level relative to a downside threshold of 70% of the initial level. If the final level is below that threshold, principal is reduced proportionally (you could lose all principal). Trade date is March 5, 2026, settlement March 9, 2026, final valuation date March 7, 2028, and maturity March 9, 2028. Minimum investment is 100 Notes ($1,000); estimated initial value is $9.79 per Note. All payments are subject to UBS credit risk.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of lululemon athletica inc., maturing on or about March 9, 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 earlier if the underlying equals or exceeds the initial level on an observation date.

The notes repay principal at maturity only if the final level is equal to or above a disclosed downside threshold; if the final level is below that threshold, principal is reduced pro rata to the underlying return and you could lose a large portion or all of your investment. Trade date is March 5, 2026 with settlement on March 9, 2026. Minimum investment is 100 Notes at $10 per Note ($1,000). Estimated initial value is stated as between $9.44 and $9.69 per Note.

UBS AG proposes to issue Trigger Autocallable Contingent Yield Notes linked to the common stock of CrowdStrike Holdings, Inc. due on or about March 16, 2029. Each Note has a principal amount of $1,000, a contingent coupon rate set on the trade date at 18.00% to 18.35% per annum, and an estimated initial value range of $946.80 to $976.80 as of the trade date. The Notes may be automatically called if the underlying closes at or above a call threshold (100% of the initial level) on any observation date; principal is contingent at maturity if the final level is below the downside threshold (60% of the initial level). Issue price includes an underwriting discount of $20.00 per Note (proceeds to UBS: $980.00 per Note). All payments are subject to the creditworthiness of UBS; the Offering Documents must be delivered in final form before sales occur.

UBS AG (pricing supplement) offers Capped Leveraged Buffered Basket-Linked Medium-Term Notes tied to an unequally weighted basket of five indices with trade date March 3, 2026, original issue date March 6, 2026 and stated maturity April 7, 2027.

The notes pay no interest and provide 125.00% upside participation in positive basket returns subject to a cap level of 114.80% (maximum settlement $1,185.00 per $1,000 face). A buffer protects declines up to 10.00%; below that you lose ~1.1111% per 1% negative return beneath the buffer. Estimated initial value was $987.00 per $1,000 face.

UBS AG is offering Capped Leveraged TOPIX-Linked Medium-Term Notes with a term expected to be between 13 and 15 months. The notes pay no interest and provide 200.00% upside participation in positive TOPIX performance, subject to a cap expected between 116.61% and 119.48% of the initial level and a maximum settlement amount expected between $1,332.20 and $1,389.60 per $1,000 face amount.

If TOPIX falls below the initial level you incur losses pro rata (you lose 1% of face for every 1% negative underlier return) and could lose your entire investment. The estimated initial value is expected to be between $955.00 and $985.00 per $1,000 face amount; the issue price is 100.00% with an underwriting discount of 1.08%.

UBS AG is offering $2,447,000 of Trigger Autocallable Notes linked to the S&P 500® Index due March 6, 2031. Each Note has a principal amount of $1,000, an issue price of $1,000 per Note and an estimated initial value of $987.30.

The Notes pay a pre-set 9.20% per annum call return and will be automatically called on semiannual observation dates if the S&P 500 closing level is at or above the call threshold (100% of the initial level). If not called, the Notes repay $1,000 at maturity only if the final level is at or above the downside threshold (70% of the initial level); otherwise principal is reduced proportionally and could be lost in full. All payments are subject to UBS credit risk and limited secondary-market liquidity.

UBS AG is offering $1,697,000 of Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100® Technology Sector, the Russell 2000® Index and the S&P 500® Index. The Notes have a $1,000 principal amount per Note, a contingent coupon rate of 11.40% per annum (contingent coupon of $9.50 per coupon payment if all coupon barriers are met), are callable by UBS beginning after three months, and mature on February 1, 2028.

The Notes pay contingent coupons only if each underlying closes at or above its coupon barrier on observation dates; if any underlying is below its downside threshold at final valuation, repayment may be reduced pro rata to the least performing underlying (downside thresholds equal 70% of initial levels). The issue price is $1,000.00 per Note, estimated initial value $984.70, and payments are subject to UBS credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Micron Technology common stock pursuant to a preliminary pricing supplement dated March 5, 2026. The Notes pay a 29.00% per annum contingent coupon if monthly observation-date barriers are met, are callable monthly after approximately three months, and mature on September 21, 2027. Key terms shown include an initial notional per Note of $1,000.00, a call threshold of 100.00% of the initial level, a downside threshold of 50.00% of the initial level and a coupon barrier of 60.00% of the initial level. The preliminary estimated initial value range as of the trade date is $939.00 to $969.00, with an issue price per Note of $1,000.00 and underwriting compensation up to $22.25 per Note. The Notes are unsecured obligations of UBS and any payments, including contingent coupons and principal, are subject to UBS creditworthiness and FINMA resolution powers; investors may lose a substantial portion or all of their investment.

UBS AG is offering $6,410,500 in Trigger Autocallable Contingent Yield Notes linked to the least performing of the SPDR Dow Jones Industrial Average ETF (DIA) and the State Street Energy Select Sector SPDR ETF (XLE). The notes trade on March 4, 2026, settle on March 9, 2026, have a final valuation date of March 5, 2029 and mature on March 8, 2029. The contingent coupon rate is 10.30% per annum (contingent coupon $0.2575 per note per period) and each note has a $10 principal amount. The estimated initial value on the trade date was $9.615 per note. If on any observation date each underlying is at or above its call threshold the notes will be automatically called and repay principal plus any contingent coupon; if not called, principal repayment at maturity is contingent on final levels versus the downside thresholds (both coupon barriers and downside thresholds are 70% of initial levels). Payments are subject to UBS credit risk and investors may lose a significant portion or all principal.

UBS AG is offering Digital S&P 500® Index-Linked medium-term notes that pay no interest and provide a capped, buffered exposure to the S&P 500® Index. The notes have a buffer level equal to 87.50% of the initial index level and a cap expected between 112.47% and 114.66%, with a term expected to be between 18 and 21 months.

If the final index level on the determination date is at or above the buffer level, holders receive a maximum settlement amount expected to be between $1,124.70 and $1,146.60 per $1,000 face amount. If the final index level falls below the buffer level, holders suffer leveraged downside (approximately 1.1429% loss of face amount per 1% decline below the buffer) and could lose their entire investment. The issuer’s credit risk and limited secondary market liquidity are material features disclosed in the pricing supplement.

UBS AG is offering preliminary Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500, due on or about March 16, 2028. The notes pay a contingent coupon of 11.70% per annum if each underlying is at or above its coupon barrier on observation dates; otherwise no coupon is paid. Issue price is $1,000.00 per note with proceeds to UBS of $993.00 per note; estimated initial value is between $959.80 and $989.80. UBS may call the notes monthly beginning after ~3 months; if not called and any underlying is below its 70.00% downside threshold at final valuation, principal is reduced by the percentage decline of the least performing underlying asset. This document is a preliminary pricing supplement dated March 5, 2026 and final terms will be set on the strike date.

UBS AG offers Contingent Income Auto-Callable Securities linked to the common stock of JPMorgan Chase & Co. The securities have a stated principal amount of $1,000.00 per security, expected pricing on March 13, 2026, and expected maturity on March 16, 2029.

Holders may receive a contingent payment of $27.25 per security on each determination date if the underlying closing price is at least 70.00% of the initial price; early automatic redemption occurs if the underlying reaches the call threshold (equal to 100.00% of the initial price). If not redeemed and the final price is below the downside threshold, holders receive a cash value tied 1:1 to the underlying and may lose a significant portion or all principal. Payments are subject to UBS credit risk and tax treatment is described as uncertain.

UBS AG has filed a preliminary pricing supplement to offer Contingent Income Auto-Callable Securities with Memory Coupon linked to the American depositary receipts of Taiwan Semiconductor Manufacturing Company Limited. The securities have a $1,000.00 stated principal amount per security and a contingent payment of $29.00 (equivalent to 11.60% per annum) payable on specified contingent payment dates if the underlying meets a 50.00% downside threshold on determination dates. The pricing date is expected to be March 13, 2026, original issue date March 18, 2026, and maturity is expected on or about March 16, 2029. Payments (including repayment of principal) are unsecured and subject to the credit risk of UBS AG, and UBS may deliver cash at maturity if the final price is below the downside threshold, which could result in a substantial or total loss of the initial investment.

UBS AG is offering Step Down Trigger Autocallable Notes linked to the least performing of the Dow Jones Industrial Average® and the S&P 500® Index. The Notes have a principal amount of $1,000 per Note, a term of approximately four years, a call return rate of 9.75% per annum and observation dates annually. The strike date is March 5, 2026, trade date March 9, 2026, expected settlement March 12, 2026, final valuation date March 5, 2030 and maturity March 8, 2030.

The Notes pay the call price (principal plus call return) if on any observation date the closing level of each underlying asset meets its call threshold. If not called, repayment at maturity is contingent and equal to $1,000×(1 + underlying return of the least performing underlying asset), exposing holders to potential substantial loss or total loss. Estimated initial value range on the trade date is $952.00 to $982.00. The underwriting discount is $1.50 per Note and proceeds to UBS are $998.50 per Note. All payments are subject to UBS credit risk.

UBS AG is offering UBS Trigger Autocallable Contingent Yield Notes linked to the common stock of Celestica Inc., maturing on September 21, 2027.

The notes have a principal amount of $1,000 per Note, a contingent coupon rate of 31.50% per annum, an estimated initial value range of $929.90 to $959.90, an underwriting discount up to $22.25 per Note and minimum proceeds to UBS of at least $977.75 per Note. Observation dates are monthly (callable after three months) with the final valuation date on September 16, 2027. Key payoff thresholds stated on the cover are: call threshold = 100.00% of the initial level, coupon barrier = 60.00% of the initial level, downside threshold = 50.00% of the initial level. Payments (including repayment of principal) are subject to UBS credit risk and contingent on observation-date performance.

UBS AG is offering capped, leveraged, buffered S&P 500® Index-linked medium-term notes maturing April 7, 2027. The offering comprises an aggregate face amount of $6,202,000 with each note having a $1,000 face amount and an original issue price of 100.00%.

The notes pay no interest, provide 125.00% upside participation in positive S&P 500 performance subject to a cap (cap level 111.00% of the initial underlier level and a maximum settlement amount of $1,137.50 per $1,000 face amount), and include a 10.00% buffer (buffer level 6,134.967) that absorbs losses up to that threshold; losses below the buffer are amplified at approximately 111.11%. Trade date is March 3, 2026 and stated maturity is April 7, 2027.

UBS AG is offering $341,000 Trigger Autocallable Contingent Yield Notes linked to the common stock of Vertiv Holdings Co, maturing on March 8, 2027. The notes pay a periodic contingent coupon only if the underlying closing level on an observation date is at or above the coupon barrier and will be automatically called early if the underlying closing level on any pre-maturity observation date is at or above the initial level. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; if below that threshold principal is reduced in proportion to the underlying return, potentially to zero. Key terms: trade date March 4, 2026, settlement March 6, 2026, final valuation date March 4, 2027, estimated initial value $9.85 per $10 Note, minimum investment 100 Notes. All payments are subject to UBS credit risk.

UBS AG is offering a preliminary pricing supplement for Trigger Autocallable Contingent Yield Notes linked to the common stock of Vertiv Holdings Co, maturing on or about March 8, 2027. The trade date is March 4, 2026 with settlement anticipated on March 6, 2026.

These unsubordinated, unsecured notes pay periodic contingent coupons only if the underlying stock closing level on each observation date meets or exceeds a coupon barrier; an automatic call occurs if the underlying closes at or above the initial level on any observation date, producing a call settlement equal to principal plus any contingent coupon. If not called, principal repayment at maturity is contingent on the final level relative to a downside threshold; a final-level shortfall can cause losses up to the entire principal. The offering has a minimum purchase of 100 Notes ($1,000); the estimated initial value range is between $9.53 and $9.78 per Note as of the trade date (preliminary).

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of NVIDIA Corporation with a trade date of March 4, 2026, expected settlement on March 6, 2026, a final valuation date of March 2, 2028 and maturity on March 6, 2028. The Notes pay contingent coupons only if the closing level of the underlying meets or exceeds the coupon barrier on observation dates and are 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 the downside threshold; otherwise principal is reduced pro rata to the underlying return, and investors can lose a significant portion or all of their investment. Example terms shown: principal amount $10 per Note, downside threshold $60.00 (60.00% of the initial level), coupon barrier $60.00, and a hypothetical contingent coupon rate of 16.76% per annum. Minimum purchase is 100 Notes ($1,000); the estimated initial value on the trade date was $9.86 per Note. All payments are subject to the creditworthiness of UBS.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Apollo Global Management, Inc., due March 6, 2028. The Notes pay contingent coupons only if the underlying stock closes at or above a coupon barrier on observation dates and are automatically called early if the stock closes at or above the initial level on any observation date prior to the final valuation date.

The Notes have a principal amount of $10 per Note, a minimum investment of 100 Notes, an estimated initial value of $9.77 as of the trade date, and example terms showing a contingent coupon rate of 16.26% per annum. 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 (example: $60.00, or 60.00% of the initial level); otherwise repayment declines in line with the underlying return and could result in the loss of the entire investment. All payments are subject to UBS credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Microsoft common stock due March 6, 2028. The Notes pay periodic contingent coupons only if the underlying closing level at observation dates meets the coupon barrier and will be automatically called 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: if the final level is at or above the downside threshold you receive the principal amount; if below, repayment is reduced pro rata to the underlying return and you could lose all of your investment. The Notes carry issuer credit risk of UBS AG. Key terms in this excerpt include a trade date of March 4, 2026, settlement date March 6, 2026, final valuation date March 2, 2028, maturity date March 6, 2028, an illustrative contingent coupon rate of 13.47% per annum (contingent coupon $0.6735 on a $10 note), a downside threshold and coupon barrier of $80.00 (80% of the initial level), an estimated initial value of $9.74, and a minimum purchase of 100 notes ($1,000).

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to NVIDIA Corporation stock that mature on September 6, 2028. The Notes pay contingent coupons only if the underlying closing level meets a coupon barrier and may be automatically called early if the underlying meets or exceeds the initial level on an observation date.

The Notes pay principal at maturity only if the final level is at or above a downside threshold; if the final level is below that threshold, principal repayment is reduced proportionally, and investors could lose a significant portion or all of their initial investment. Key terms: $10 principal per Note, contingent coupon rate 13.01% per annum (contingent coupon $0.6505), term ~30 months, downside threshold $50.00 (50% of initial level), trade date March 4, 2026, settlement March 6, 2026, final valuation date September 1, 2028, estimated initial value $9.84, minimum investment 100 Notes ($1,000).

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of NVIDIA Corporation due on or about March 6, 2028. The Notes pay periodic contingent coupons only if the closing level of the underlying meets or exceeds 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 a downside threshold; otherwise holders suffer a loss equal to the percentage decline in the underlying and could lose all principal. Trade date is March 4, 2026 with expected settlement on March 6, 2026. Minimum investment is 100 Notes at $10 per Note; the estimated initial value range is $9.49 to $9.74 per Note as of the trade date. All payments, including any contingent coupons and principal, are subject to UBS credit risk. The final terms and all eligibility, payment and market disruption provisions will be set in the final pricing supplement, product supplement and prospectus.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Apollo Global Management, Inc. The Notes have an expected trade date of March 4, 2026, settlement on March 6, 2026, a final valuation date of March 2, 2028 and a maturity date of March 6, 2028. The Notes pay contingent coupons only if the underlying's closing level meets or exceeds 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.

The offering documents state a minimum investment of 100 Notes at $10 per Note and an estimated initial value range of $9.42 to $9.67 as of the trade date, determined by UBS’ internal pricing models. If not called, principal repayment at maturity is contingent: if the final level is below the downside threshold, payment may be less than principal and could result in a loss up to the full principal amount. All payments depend on the creditworthiness of UBS.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Microsoft Corporation, due on or about March 6, 2028. The notes pay a periodic contingent coupon only if the underlying stock closes at or above the coupon barrier on each observation date; otherwise no coupon is paid.

The notes are subject to automatic early call if the underlying closes at or above the initial level on any observation date prior to the final valuation date; an automatic call returns principal plus any contingent coupon for that period. If not called, repayment at maturity is contingent: if the final level is at or above the downside threshold (example: $10 principal preserved when final level ≥ $8.00, illustrated as 80% of the initial level), principal is repaid; if final level is below that threshold, principal is reduced in proportion to the underlying return and full loss is possible. Trade date is March 4, 2026, settlement March 6, 2026. Minimum investment: 100 Notes ($1,000). The estimated initial value range is $9.41 to $9.66 per $10 Note.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of NVIDIA Corporation, maturing on or about September 6, 2028. The trade date is March 4, 2026 with expected settlement on March 6, 2026.

The Notes pay contingent coupons only if the underlying closing level meets or exceeds a coupon barrier on observation dates and are automatically called early if the underlying closes at or above the initial level on an observation date. If not called, principal repayment at maturity is contingent: if the final level is below the downside threshold you can suffer a loss equal to the underlying return, potentially losing all principal. Principal amount per Note is $10; minimum investment is 100 Notes ($1,000). The preliminary estimated initial value range is $9.49 to $9.74 per Note. All payments are subject to UBS credit risk.