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

UBS AG is offering $780,000 of Trigger Autocallable Notes with Contingent Accreting Return linked to the least performing of the Russell 2000®, the S&P 500® and shares of the State Street Utilities Select Sector SPDR® ETF (XLU). Trade date is February 27, 2026, settlement March 4, 2026, final valuation February 27, 2031 and maturity March 4, 2031.

The Notes pay no current income; monthly observation dates determine whether a fixed contingent accreting return is added. Notes can be automatically called beginning after 12 months if all underlyings meet call thresholds. At maturity, principal is repayable only if downside thresholds are met; otherwise repayment reflects the negative return of the least performing underlying asset and could result in total loss of principal. Payments are subject to UBS credit risk.

UBS AG offers $1,979,000 of Trigger Autocallable Notes due March 2, 2029. The Notes are unsubordinated, unsecured debt linked to the least performing of the Nasdaq-100® Technology Sector, the Russell 2000® Index and the S&P 500® Index. If each underlying asset meets accretion barriers on observation dates, UBS will add a contingent accreting return; Notes are callable monthly beginning after 12 months. At maturity, if any underlying asset is below its downside threshold, repayment exposes holders to the negative return of the least performing underlying asset and could result in loss of a significant portion or all principal. The issue price is $1,000 per Note, the estimated initial value is $987.60 per Note, and the contingent accreting return rate is 9.75% per annum for NDXT (cover rates for other indices shown). All payments are subject to UBS credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Blackstone Inc. due March 5, 2029. The Notes pay contingent coupons only when the underlying closing level meets a coupon barrier on observation dates, and may be automatically called quarterly starting about 12 months after issuance if the underlying equals or exceeds the initial level.

If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; if below, principal is reduced in proportion to the underlying return, and investors could lose a significant portion or all of their investment. All payments depend on UBS creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Halliburton Company maturing on March 6, 2028. The Notes pay a contingent coupon only if the underlying closes at or above the coupon barrier on observation dates and are automatically called if the underlying closes at or above the initial level on any semi-annual observation date beginning after March 2027. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; if the final level is below that threshold, repayment at maturity will be reduced pro rata to the underlying return and could result in a total loss of principal. Trade and settlement dates are March 3, 2026 and March 5, 2026. The Notes have a principal amount per Note of $10, a hypothetical contingent coupon rate of 15.54% per annum and an estimated initial value of $9.71. Minimum investment is 100 Notes ($1,000). All payments are subject to the creditworthiness of UBS AG.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to ADRs of Banco Bradesco S.A. The Notes trade on March 3, 2026, settle on March 5, 2026, have a final valuation date of March 2, 2028 and mature on March 6, 2028.

The Notes pay periodic contingent coupons only if the underlying ADR closes at or above the coupon barrier on each observation date; they autocall semi‑annually beginning after 12 months if the underlying closes at or above the initial level, in which case holders receive principal plus any contingent coupon due. If not called and the final level is below the downside threshold, principal repayment at maturity is reduced pro rata to the underlying return (example: a $10 Note could pay $4.20 in a worst case example). The estimated initial value per Note is $9.20 and minimum investment is 100 Notes ($1,000).

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the American depositary receipts of Banco Bradesco S.A., with final terms set on the trade date and delivery conditional on final Offering Documents.

Trade date is March 3, 2026, settlement is March 5, 2026, final valuation date is March 2, 2028, and maturity is March 6, 2028. The Notes are issued in $10 denominations, the supplement cites a hypothetical contingent coupon rate of 10.23% per annum (contingent coupon $0.5115 per $10 Note) and an estimated initial value range of $8.87 to $9.12 per Note.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Palantir Technologies Inc. due March 5, 2029. The Notes pay contingent coupons only when the underlying stock closes at or above a specified coupon barrier on observation dates 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 depends on the final level relative to a downside threshold (example shows $10 principal and a 50.00% downside threshold). The estimated initial value per Note on the trade date is $9.72. Payments, including principal, are subject to UBS credit risk; investors may lose a significant portion or all of their investment.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Microsoft Corporation due March 5, 2029. 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 the coupon barrier. The Notes will be automatically called on any quarterly observation date after March 2027 if the closing level is at or above the initial level; an automatic call triggers payment of principal plus any contingent coupon then due and ends further payments. If not called, repayment at maturity depends on the final level observed on March 1, 2029: if the final level is at or above the disclosed downside threshold (example: $80.00, which equals 80.00% of the initial level in the example), principal is repaid; if below, repayment equals $10×(1 + underlying return), potentially causing losses up to the full principal. Trade and settlement dates are March 3, 2026 and March 5, 2026. The offering shows a minimum investment of 100 Notes ($1,000) and an estimated initial value per Note of $9.73. All payments remain subject to UBS credit risk.

UBS AG is offering $1,807,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of Micron Technology, Inc., due March 5, 2031. The Notes pay 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 for that period. 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 corresponding call settlement date. If not called, maturity payment depends on the final level relative to a downside threshold (the example uses a $10 principal with a 50.00% downside threshold and a hypothetical contingent coupon rate of 24.17% per annum). The Notes are unsecured obligations of UBS and repayment is subject to UBS creditworthiness. Trade date and settlement are March 3, 2026 and March 5, 2026, respectively; final valuation and maturity dates are March 3, 2031 and March 5, 2031. Minimum investment is 100 Notes at $10 per Note; the estimated initial value as of the trade date is $9.73. Investing involves significant risk, including the potential loss of a substantial portion or all of principal.

UBS AG offers $100,000 Trigger Autocallable Contingent Yield Notes linked to JPMorgan Chase & Co. stock due March 5, 2027. The Notes pay contingent coupons only when the underlying closing level on an observation date meets or exceeds a coupon barrier 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 $75.00 downside threshold; otherwise, principal at maturity will be reduced pro rata to the underlying return, creating potential for a complete loss of principal. The estimated initial value per Note is $9.75 and the illustrative principal per Note is $10 with an illustrative contingent coupon rate of 9.91% per annum.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Palantir Technologies Inc. The trade date is March 3, 2026, settlement on March 5, 2026, final valuation on March 1, 2029 and maturity on March 5, 2029.

The Notes pay periodic contingent coupons only if the underlying's closing level meets or exceeds a coupon barrier on observation dates. 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 repayment at maturity depends on the final level versus a downside threshold; if the final level is below that threshold, investors suffer a loss proportional to the underlying return. Principal examples are shown on a $10 per Note basis; hypothetical contingent coupon and loss illustrations are provided.

UBS AG is offering $300,000 in Trigger Autocallable Contingent Yield Notes linked to the common stock of NVIDIA Corporation, maturing on March 6, 2028. The Notes pay a contingent coupon only if the underlying closing level on an observation date meets or exceeds a coupon barrier and can be automatically called early if the underlying reaches the initial level on any observation date. If not called, repayment at maturity is contingent: if the final level is at or above the downside threshold the principal is repaid; if it is below that threshold, the cash payment may be reduced in proportion to the underlying return, potentially resulting in a total loss.

The offering includes an illustrative contingent coupon rate of 16.62% per annum (contingent coupon $0.831 per $10 Note), an illustrative downside threshold and coupon barrier equal to $60.00 (60.00% of the initial level), an estimated initial value of $9.85 per $10 Note, and trade and settlement dates of March 3, 2026 and March 5, 2026, respectively. All payments, including any repayment of principal, are subject to the creditworthiness of UBS.

UBS AG offers $650,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of The Goldman Sachs Group, Inc. due March 6, 2028. The Notes pay a contingent coupon on coupon payment dates only if the underlying closing level on an observation date meets or exceeds the coupon barrier. The Notes are subject to an automatic call on any semi‑annual observation date (beginning after 12 months) if the underlying 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 call settlement date. If not called, repayment at maturity is contingent: if the final level is at or above the $70.00 downside threshold (70.00% of the initial level) principal is repaid; if the final level is below that threshold, repayment will be reduced pro rata by the underlying return, and investors could lose a significant portion or all of their investment. Example terms show a hypothetical contingent coupon rate of 12.92% per annum, an estimated initial value of $9.81 per $10 Note as of the trade date, and a minimum purchase of 100 Notes (a $1,000 investment).

UBS AG offers $650,000 Trigger Autocallable Contingent Yield Notes linked to United Airlines Holdings, Inc. common stock due March 6, 2028. The Notes pay a contingent coupon only if the underlying closes at or above a coupon barrier on observation dates; otherwise no coupon is paid. They are subject to an automatic call if the underlying closes at or above the initial level on any semi-annual observation date beginning after 12 months, in which case UBS will pay principal plus any contingent coupon on the related call settlement date. If not called and the final level is below the downside threshold ($70.00, 70% of the initial level), principal repayment at maturity will be reduced proportionally to the underlying return, which could result in substantial loss, including loss of all principal. The offering documents show a hypothetical 22.03% per annum contingent coupon, an estimated initial note value of $9.82, and a minimum investment of 100 Notes ($1,000).

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Citigroup Inc. common stock due March 6, 2028. The Notes pay a contingent semi‑annual coupon only if the underlying closing level on an observation date meets or exceeds a coupon barrier of $70.00 (70% of the initial level). The Notes are automatically called early if any semi‑annual observation (beginning after 12 months) has a closing level at or above the initial level, in which case investors receive principal plus any contingent coupon then due. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold of $70.00; if the final level is below that threshold, repayment at maturity is reduced pro rata by the underlying return and investors can lose a substantial portion or all of their investment. The Notes have a principal amount per Note of $10, a trade date of March 3, 2026, settlement on March 5, 2026, an estimated initial value of $9.80, and a minimum investment of 100 Notes ($1,000). All payments are subject to UBS credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Microsoft Corporation due on or about March 5, 2029. The Notes pay a contingent coupon only if the underlying's closing level meets or exceeds the coupon barrier on observation dates; they are automatically called if the underlying closes at or above the initial level on any quarterly observation date (beginning after 12 months).

Trade date is March 3, 2026 with expected settlement March 5, 2026. Principal amount is $10 per Note (minimum investment 100 Notes). If not called, repayment at maturity depends on the final level versus an 80.00% downside threshold; a final level below that threshold can cause losses up to the full principal. Estimated initial value is between $9.43 and $9.68. All payments are subject to the creditworthiness of UBS.

UBS AG is offering preliminary Trigger Autocallable Contingent Yield Notes linked to the common stock of Micron Technology, Inc., due on or about March 5, 2031. The Notes pay contingent coupons only if the underlying's closing level on an observation date is equal to or above the coupon barrier and 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. If not called, principal is repaid at maturity only if the final level is equal to or above the downside threshold; otherwise repayment at maturity will be reduced pro rata by the underlying return, potentially resulting in a total loss of principal. Trade date is March 3, 2026 with settlement on March 5, 2026. Minimum investment is 100 Notes at $10 per Note and the estimated initial value on the trade date is between $9.31 and $9.56. This is a preliminary pricing supplement under Registration Statement No. 333-283672 and the Notes are unsecured obligations of UBS, subject to UBS credit risk.

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 trade date is March 3, 2026 with expected settlement on March 5, 2026 and a final valuation date of March 2, 2028.

The Notes pay a periodic 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 autocall early if the underlying's closing level on any observation date (before maturity) is at or above the initial level; an autocall pays 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, UBS pays the principal; if below, repayment equals $10 × (1 + underlying return), which can produce a substantial loss, including a total loss. Minimum purchase is 100 Notes ($1,000); estimated initial value per Note is between $9.49 and $9.74 as of the trade date. All payments are subject to UBS credit risk.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of JPMorgan Chase & Co. with a planned approximately one-year term maturing on March 5, 2027. 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 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 the final level is below the downside threshold you receive $10 multiplied by (1 + underlying return), exposing investors to downside market loss, potentially a total loss. Trade date is March 3, 2026 and settlement is expected on March 5, 2026. The Notes are unsecured obligations of UBS and payments depend on UBS’s creditworthiness. The preliminary pricing supplement shows a minimum investment of 100 Notes at $10 per Note and an estimated initial value range of $9.50 to $9.75 per Note.

UBS AG proposes an offering of Trigger Autocallable Contingent Yield Notes linked to the common stock of The Goldman Sachs Group, Inc. The preliminary pricing supplement dated March 03, 2026 shows a trade date of March 3, 2026, settlement on March 5, 2026, a final valuation date of March 2, 2028 and a maturity date of March 6, 2028. The Notes are offered in minimum increments of 100 Notes at $10 per Note with an estimated initial value range of $9.43 to $9.68 per Note as of the trade date.

The Notes pay contingent coupons when the underlying closing level meets or exceeds the coupon barrier on observation dates and are automatically called if the underlying equals or exceeds the initial level on any semiannual observation date after 12 months. If not called and the final level is below the downside threshold, principal repayment may be reduced and investors may lose a substantial portion or all of their investment. 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 Citigroup Inc. The trade date is March 3, 2026, settlement is March 5, 2026, final valuation date is March 2, 2028, and maturity is March 6, 2028.

The Notes have a $10 principal amount per Note with a minimum purchase of 100 Notes. They pay a contingent coupon on each coupon payment date only if the underlying closing level meets or exceeds the coupon barrier; otherwise no coupon is paid. The Notes are automatically called if the underlying closes at or above the initial level on any semi-annual observation date beginning after 12 months; an automatic call pays principal plus any contingent coupon then due.

If not called, principal is repaid at maturity only if the final level is at or above the downside threshold (example: 70.00% of the initial level); otherwise the investor suffers a loss equal to the underlying return and could lose the entire principal. UBS credit risk applies. The estimated initial value is shown as between $9.42 and $9.67 per Note.

UBS AG is offering $650,000 in Trigger Autocallable Contingent Yield Notes linked to the common stock of Delta Air Lines, Inc. The Notes pay semi-annual contingent coupons only if the closing level of Delta meets or exceeds a coupon barrier on each observation date; otherwise no coupon is paid. The Notes are subject to automatic early call if Delta’s closing level on any semi-annual observation date (beginning after 12 months) 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 repayment at maturity depends on the final level relative to a downside threshold (70.00% of the initial level in the examples). If the final level is below that threshold, repayment may be reduced proportionally and investors could lose a substantial portion or all of their investment. Payments are subject to UBS’s creditworthiness. Trade date is March 3, 2026, settlement March 5, 2026, final valuation date March 2, 2028, and maturity March 6, 2028. Minimum investment is 100 Notes at $10 per Note; the estimated initial value is $9.79 per Note.

UBS AG priced a preliminary offering of Trigger Autocallable Contingent Yield Notes linked to the common stock of United Airlines Holdings, Inc. Trade date is March 3, 2026, settlement March 5, 2026, final valuation March 2, 2028 and maturity March 6, 2028. Each Note has a principal amount of $10. The preliminary estimated initial value range is $9.44 to $9.69. Example terms show a hypothetical contingent coupon rate of 20.58% per annum, a coupon and downside barrier at $70.00 (70% of the initial level), and a repayment at maturity that can be less than principal if the final level is below the downside threshold.

The Notes pay contingent coupons only when observation-date closes meet the coupon barrier, include a semi-annual automatic-call feature beginning ~12 months after issue, and expose holders to downside market loss and UBS credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Royal Caribbean Cruises Ltd. The Notes pay contingent coupons only if the underlying stock meets the coupon barrier on observation dates and can be automatically called if the underlying equals or exceeds the initial level on a semi‑annual observation date. The Notes mature on March 6, 2028 with a final valuation date of March 2, 2028. Each Note has a principal amount of $10 and an example contingent coupon rate of 18.29% per annum (example contingent coupon $0.9145), with a downside threshold and coupon barrier of $70.00 (70.00% of the initial level). The Notes have an estimated initial value of $9.77 and a minimum investment of 100 Notes ($1,000). Any repayment, including contingent coupons or principal, is subject to the creditworthiness of UBS; if the Notes are not called and the final level is below the downside threshold, principal repayment may be reduced and you could lose a significant portion or all of your investment.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Wells Fargo & Company due March 6, 2028. The notes pay a contingent coupon on each coupon payment date only if the closing level of the underlying stock on the applicable observation date is equal to or above the coupon barrier; otherwise no coupon is paid. The notes are automatically called if the closing level on any semi-annual observation date (beginning after ~12 months) is equal to or greater than the initial level, in which case holders receive principal plus any contingent coupon then due on the call settlement date.

If the notes are not called, repayment at maturity depends on the final level: if the final level is at or above the downside threshold, UBS will repay the principal; if below, repayment is reduced proportionally to the underlying return, and investors can lose a significant portion or all of their principal. The offering shows a minimum investment of 100 notes ($1,000), an estimated initial value of $9.77 per note as of the trade date, and example terms showing a hypothetical contingent coupon rate of 11.89% per annum and a downside threshold of 70% of the initial level.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Delta Air Lines, Inc. with a maturity on or about March 6, 2028. 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 the coupon barrier; otherwise no coupon is paid.

The notes will be automatically called early if the underlying closing level on any semi-annual observation date (beginning after 12 months) is at or above the initial level, in which case holders receive principal plus any contingent coupon due on the related call settlement date. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; if below, repayment equals $10 x (1 + Underlying Return), exposing holders to a percentage loss equal to the underlying return. Trade date is March 3, 2026 with settlement expected on March 5, 2026. The offering has a minimum investment of 100 Notes ($1,000) and an estimated initial value range of $9.41 to $9.66 per Note. All payments are subject to the creditworthiness of UBS.

UBS AG priced a preliminary pricing supplement for Trigger Autocallable Contingent Yield Notes linked to the common stock of Royal Caribbean Cruises Ltd., due on or about March 6, 2028. Trade and settlement are expected on March 3, 2026 and March 5, 2026, respectively.

The Notes pay semi-annual contingent coupons only if the underlying closing level meets or exceeds a coupon barrier on observation dates and include an automatic call if the underlying closes at or above the initial level on a semi-annual observation date. If not called, principal repayment at maturity is contingent: full principal is paid only if the final level is at or above a downside threshold; otherwise principal is reduced in proportion to the underlying return, and you could lose all of your investment. The preliminary estimate of initial value is between $9.39 and $9.64 per Note; minimum purchase is 100 Notes at $10 per Note.

UBS AG published a preliminary pricing supplement for Trigger Autocallable Contingent Yield Notes linked to the common stock of Wells Fargo & Company, with expected final valuation on March 2, 2028 and maturity on March 6, 2028. The Notes are issued in $10 denominations with a $10 principal amount per Note and a minimum purchase of 100 Notes ($1,000).

The preliminary terms show an example contingent coupon of 10.65% per annum (example contingent coupon $0.5325 per $10 Note), a downside threshold and coupon barrier at 70.00% of the initial level, and an estimated initial value range of $9.40 to $9.65 per Note. Payments, including contingent coupons and any principal repayment, are subject to UBS credit risk and automatic early call mechanics described in the supplement.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Microsoft common stock due March 5, 2027. The Notes pay contingent coupons only if the underlying closing level meets the coupon barrier on observation dates and may be automatically called prior to maturity if the underlying meets or exceeds the initial level.

Each Note has a principal amount of $10, a minimum investment of $1,000 (100 Notes), an estimated initial value of $9.74 as of the trade date, a trade date of March 3, 2026, a settlement date of March 5, 2026, a final valuation date of March 3, 2027, and a maturity date of March 5, 2027. Payments, including any repayment of principal, are subject to the creditworthiness of UBS.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to MercadoLibre, Inc. common stock due March 6, 2028. The notes pay a 18.02% per annum contingent coupon (illustrative contingent coupon of $0.4505 per $10 note) only if the underlying meets the coupon barrier on observation dates; otherwise no coupon is paid. The notes are automatically called if the underlying closes at or above the initial level on any quarterly observation date beginning about six months after trade. If not called, principal repayment at maturity is contingent: if the final level is at or above the $70.00 downside threshold (70% of initial level) you receive the $10 principal; if below, repayment equals $10 x (1 + underlying return), which can result in a full loss. Trade and settlement dates are March 3, 2026 and March 5, 2026. Final valuation and maturity are March 2, 2028 and March 6, 2028. The estimated initial value is $9.79 and minimum purchase is 100 notes at $10 per note. All payments depend on UBS creditworthiness.

UBS AG is offering $500,000 principal of Trigger Autocallable Contingent Yield Notes linked to the common stock of MercadoLibre, Inc. due March 6, 2028. The Notes pay periodic contingent coupons only if the underlying closes at or above a coupon barrier on observation dates and are automatically callable if the underlying closes at or above the initial level on a quarterly observation date beginning after 12 months. 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, you suffer a loss equal to the underlying return and could lose all principal. Trade and settlement occur in March 2026; minimum investment is 100 Notes at $10 per Note. All payments depend on UBS's creditworthiness and the Notes will not be listed on an exchange.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Micron Technology, Inc., due March 5, 2027. The Notes pay periodic contingent coupons only if the underlying closing level meets or exceeds a coupon barrier on observation dates and will be automatically called if the underlying closes at or above the initial level on any quarterly observation date beginning after 9 months. If not called, principal is repaid at maturity only if the final level is at or above a downside threshold (example: $60.00, equal to 60.00% of the initial level); otherwise the cash payment at maturity can be less than principal, producing a loss equal to the underlying return, potentially a total loss. Example terms shown: $10 principal per Note, example contingent coupon rate 28.01% per annum, contingent coupon example $0.7003, estimated initial value $9.67. Trade date is March 3, 2026, settlement March 5, 2026, final valuation date March 3, 2027, maturity March 5, 2027. Any payment depends on UBS’ creditworthiness.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to General Motors Company stock with key dates and example economics. Trade date is March 3, 2026 with settlement on March 5, 2026. Final valuation is March 2, 2028 and maturity is March 6, 2028. The Notes pay contingent coupons only if the underlying closing level on an observation date meets the coupon barrier; they are automatically called if the underlying equals or exceeds the initial level on any semi‑annual observation date beginning after 12 months. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; if below, repayment falls with the underlying return and could result in total loss. Minimum purchase is 100 Notes at $10 per Note; estimated initial value on the trade date is $9.81. Example terms show a sample contingent coupon rate of 12.62% per annum (contingent coupon $0.631) and a downside threshold and coupon barrier of $70.00 (70.00% of the initial level).

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Microsoft Corporation due on or about March 5, 2027. The Notes pay periodic contingent coupons only if the underlying closing level meets a coupon barrier on observation dates and will be automatically called early if the underlying closes at or above the initial level on any pre-maturity observation date. If not called, principal is repaid at maturity only if the final level is at or above a downside threshold; if the final level is below that threshold, the maturity payment equals $10 x (1 + underlying return), which can produce a partial or total loss of principal.

Trade date is March 3, 2026 with expected settlement March 5, 2026. Notes are sold in $10 denominations with a minimum investment of 100 Notes ($1,000). The preliminary estimated initial value range is $9.48 to $9.73 per Note. Example illustrative terms include a hypothetical contingent coupon rate of 9.98% per annum, a coupon barrier and downside threshold equal to 74% of the initial level, and a final valuation date of March 3, 2027.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Micron Technology, Inc. with expected trade date March 3, 2026 and maturity on or about March 5, 2027. The Notes pay periodic contingent coupons only if the underlying meets coupon barriers on observation dates and include an automatic quarterly autocall beginning after nine months if the underlying is at or above the initial level.

The Notes have a principal amount of $10 per Note, a minimum purchase of 100 Notes ($1,000), an estimated initial value range of $9.41 to $9.66, and a contingent repayment of principal at maturity that may expose investors to the full downside of the underlying if the final level is below the downside threshold.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the VanEck® Gold Miners ETF due March 5, 2027. The Notes pay contingent coupons only if the underlying closing level on an observation date is equal to or above 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 coupon payment date. 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; in extreme cases you could lose all of your investment. Trade date is March 3, 2026, settlement March 5, 2026, final valuation date March 3, 2027, and maturity March 5, 2027. Minimum purchase is 100 Notes at $10 per Note and the estimated initial value as of the trade date is $9.75.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Amazon.com, Inc., with a trade date of March 3, 2026, expected settlement on March 5, 2026 and maturity on March 5, 2027.

The notes pay periodic contingent coupons only if the underlying closing level meets or exceeds a coupon barrier on observation dates and are automatically callable if the underlying equals or exceeds the initial level on any prior observation 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, repayment declines proportionally, potentially resulting in loss of most or all principal. The pricing supplement shows an illustrative downside threshold and coupon barrier at $72.00 (72% of initial level), a hypothetical contingent coupon rate of 12.47% per annum, an estimated initial value range of $9.48 to $9.73 per $10 note, and a minimum purchase of 100 notes (a $1,000 investment).

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of MercadoLibre, Inc. with a trade date of March 3, 2026, expected settlement on March 5, 2026 and maturity on March 6, 2028.

The Notes pay periodic contingent coupons only if the underlying closing level meets or exceeds a coupon barrier on observation dates; they will be automatically called early if the underlying equals or exceeds the initial level on any quarterly observation (beginning after 12 months). Principal repayment at maturity is contingent: if the final level is below the downside threshold, holders suffer a loss equal to the underlying return, potentially losing all principal. Minimum purchase is 100 Notes ($1,000). The preliminary estimated initial value range is $9.41 to $9.66 per Note.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of NVIDIA Corporation with a stated maturity date of March 5, 2029. The notes pay a contingent coupon only if the underlying closing level on an observation date meets or exceeds the coupon barrier and will be automatically called early if the underlying equals or exceeds the initial level on any observation date prior to the final valuation date.

The trade date is March 3, 2026 with expected settlement on March 5, 2026. The final valuation date is March 1, 2029. Minimum investment is 100 Notes at $10 per Note (principal amount $10 per Note), and the estimated initial value on the trade date is $9.74 per Note. The product includes a contingent repayment of principal at maturity: if the final level is below the downside threshold (example: $60.00, or 60.00% of the initial level in the illustrative terms), investors suffer a loss proportional to the underlying return and could lose all principal. Example illustrative contingent coupon rate shown is 14.65% per annum.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of General Motors Company due on or about March 6, 2028. 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 the coupon barrier; otherwise no coupon is paid.

The notes will be automatically called early if the underlying closing level on any semi-annual observation date (beginning after approximately 12 months) is at or above the initial level, in which case holders receive principal plus any contingent coupon due on the 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, holders may receive less than principal, potentially losing a substantial portion or all of their investment. Payments are subject to UBS's creditworthiness.

Key dates: trade date March 3, 2026, settlement date March 5, 2026, final valuation date March 2, 2028, maturity date March 6, 2028. Minimum investment is 100 notes at $10 per note. The estimated initial value range on the trade date is between $9.43 and $9.68. Example contingent coupon shown is 11.49% per annum.

UBS AG is offering a preliminary pricing supplement for Trigger Autocallable Contingent Yield Notes linked to the common stock of MercadoLibre, Inc., due on or about March 6, 2028, subject to completion and delivery of final Offering Documents.

Trade date is March 3, 2026 with expected settlement on March 5, 2026. The Notes pay contingent coupons only if the underlying's closing level meets a coupon barrier on observation dates, feature quarterly observation dates beginning ~6 months after trade date, an automatic call if the underlying equals or exceeds the initial level on an observation date, and contingent principal repayment tied to the final level versus a downside threshold.

The Notes have a principal amount of $10 per Note, minimum investment of 100 Notes ($1,000), an estimated initial value range of $9.42 to $9.67, and an illustrative contingent coupon rate of 16.24% per annum in the hypothetical examples provided.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the VanEck Gold Miners ETF due on or about March 5, 2027. The Notes pay contingent coupons only when the underlying closes at or above the coupon barrier on observation dates and may auto-call early if the underlying equals or exceeds the initial level on an observation date.

The Notes have a principal amount of $10 per Note, a minimum purchase of 100 Notes (representing a $1,000 minimum investment), and an estimated initial value range of $9.42 to $9.67 as of the trade date. Example terms show a contingent coupon rate of 9.03% per annum, a coupon barrier and downside threshold at $60.00 (60% of the initial level), trade date March 3, 2026, and maturity on March 5, 2027. Any payments, including principal at maturity, are subject to the creditworthiness of UBS.

UBS AG is offering $125,000 in Trigger Autocallable Contingent Yield Notes linked to Advanced Micro Devices, Inc., due March 5, 2027. The Notes pay a periodic contingent coupon only when the underlying stock closes at or above a coupon barrier on observation dates and are automatically called if the stock closes at or above the initial level on a quarterly observation (beginning after 6 months). If not called, principal repayment at maturity is contingent: full principal is paid only if the final level is at or above the downside threshold; otherwise principal is reduced proportionally to the underlying return, and investors could lose all of their initial investment. The Notes have a minimum purchase of 100 Notes ($1,000), an estimated initial value of $9.73 per $10 Note, and are unsecured obligations subject to UBS credit risk.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to NVIDIA Corporation with a trade date of March 3, 2026 and expected settlement on March 5, 2026. The Notes mature on March 5, 2029 with a final valuation date of March 1, 2029.

The Notes pay periodic contingent coupons only if the underlying closing level meets a coupon barrier on observation dates, and are automatically called if the underlying closes at or above the initial level on an observation date. Principal repayment at maturity is contingent: if the final level is below the downside threshold, investors may suffer a loss equal to the underlying return; in an extreme case, they could lose their entire investment. Minimum investment is 100 Notes ($1,000); the estimated initial value per Note is between $9.36 and $9.61 as of the trade date.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Broadcom Inc., maturing on March 5, 2027. The Notes pay contingent coupons only if the underlying closing level meets a coupon barrier on observation dates and are automatically called if the underlying equals or exceeds the initial level on any quarterly observation (beginning about six months after the trade date). If not called, principal is repaid at maturity only if the final level is at or above a downside threshold; if the final level is below that threshold you may suffer a loss in proportion to the underlying return, including a possible total loss. The Notes are unsecured obligations of UBS and payments depend on UBS’s creditworthiness. Key stated terms include $10 principal per Note, a contingent coupon rate of 15.31% per annum (contingent coupon $0.3828 per $10 Note), an estimated initial value of $9.72, trade date March 3, 2026, settlement March 5, 2026, final valuation date March 3, 2027, and maturity March 5, 2027. The minimum purchase is 100 Notes ($1,000).

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to NVIDIA Corporation common stock due March 5, 2027. The Notes pay periodic contingent coupons only if the underlying closing level on observation dates meets or exceeds a coupon barrier and will be automatically called early if the underlying equals or exceeds the initial level on any observation date prior to the final valuation date.

If not called, repayment at maturity is contingent: if the final level is at or above the disclosed downside threshold, principal is returned; if below, principal is reduced proportionally to the underlying return (examples use a $10 principal and a 60.00% downside threshold). The product carries issuer credit risk of UBS, an estimated initial value of $9.74 per Note as of the trade date, a minimum investment of $1,000 (100 Notes), and trade/settlement and final valuation/maturity dates of March 3, 2026/March 5, 2026 and March 3, 2027/March 5, 2027, respectively.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Advanced Micro Devices, Inc. with a trade date of March 3, 2026 and expected maturity on March 5, 2027.

The Notes pay periodic contingent coupons only if the underlying stock closes at or above a coupon barrier on each observation date, carry an automatic call if the underlying equals or exceeds the initial level on any quarterly observation (beginning after six months), and repay principal at maturity only if the final level is at or above a disclosed downside threshold. If the final level is below that threshold, principal is reduced proportionally to the underlying return and could result in a total loss. Minimum investment is $1,000 (100 Notes) and the issuer credit risk is that of UBS AG. Example terms show a hypothetical 12.39% contingent coupon rate and an estimated initial value range of $9.46 to $9.71 per Note.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Broadcom Inc. with a trade date of March 3, 2026, expected settlement March 5, 2026, final valuation March 3, 2027, and maturity March 5, 2027. The Notes pay periodic contingent coupons only if the underlying 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 quarterly observation date beginning after six months.

The Notes repay $10 principal per Note at maturity only if the final level is at or above the disclosed downside threshold; if below that threshold, repayment is reduced pro rata to the underlying return and investors can lose a significant portion or all of their principal. The preliminary terms show a hypothetical contingent coupon rate of 14.20% per annum and an estimated initial value range of $9.44 to $9.69 per Note.

UBS AG is offering preliminary, subject-to-completion Trigger Autocallable Contingent Yield Notes linked to the common stock of NVIDIA Corporation. The Notes pay contingent coupons only if the underlying meets coupon barriers on observation dates and are automatically called if the underlying meets or exceeds the initial level on an observation date. The example terms show a $10 principal per Note, 12.56% per annum contingent coupon rate in the illustration, a $10 principal repayment at maturity only if the final level is at or above the downside threshold, and potential full downside exposure if the final level falls below the downside threshold (example downside threshold: 60% of initial level). Trade date is March 3, 2026, expected settlement March 5, 2026, final valuation date March 3, 2027, and maturity March 5, 2027. Minimum investment is 100 Notes ($1,000). The estimated initial value range is between $9.48 and $9.73 per Note. These Notes are unsecured obligations of UBS and repayment is subject to UBS creditworthiness. This document is a preliminary pricing supplement and the final terms will be set on the trade date.