UBS ETRACS Alerian MLP Index ETN Series B SEC Filings

UBS AG priced a preliminary offering of Airbag Autocallable Yield Notes linked to the common stock of American Eagle Outfitters, Inc. The trade date is May 11, 2026, settlement May 13, 2026, final valuation May 11, 2027 and maturity May 13, 2027. The Notes pay a periodic coupon unless automatically called; an automatic call occurs if the underlying’s closing level on an observation date is equal to or greater than the initial level. If not called, principal repayment at maturity is contingent: full principal is repaid only if the final level is at or above the downside threshold; otherwise repayment is reduced with leveraged downside exposure (approximate downside sensitivity: 1.4286% principal loss per 1% decline beyond the threshold). Example coupon assumptions show a coupon rate of 12.18% per annum (quarterly coupon of $0.3045 on a $10 note) and an illustrative estimated initial value range between $9.43 and $9.68. All payments are subject to UBS credit risk 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 Advanced Micro Devices, Inc., with a stated offering amount of $400,000 and a maturity date of May 15, 2028. The Notes pay contingent coupons only if the underlying stock closes at or above a coupon barrier on observation dates and will be automatically called early if the underlying closes at or above the initial level on any observation date prior to the final valuation date. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; if the final level is below that threshold, repayment is reduced in direct proportion to the underlying return, and investors could lose a significant portion or all of their investment. Payments are subject to the issuer’s creditworthiness; the estimated initial value per $10 Note on the trade date is $9.81 and the minimum investment is 100 Notes (principal amount $1,000).

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of Advanced Micro Devices, Inc. The Notes pay contingent coupons only if observation-date closing levels meet the coupon barrier and may be automatically called early if the underlying equals or exceeds the initial level on an observation date. If not called and the final level is below the downside threshold, principal repayment at maturity is reduced proportionally to the underlying return; investors may lose a significant portion or all of their investment. Trade date is May 11, 2026, expected settlement May 13, 2026, final valuation date May 11, 2028 and maturity May 15, 2028. Principal amount examples use $10 per Note and a minimum purchase of 100 Notes ($1,000).

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Intel Corporation maturing on May 15, 2028. The Notes pay a contingent coupon only when the underlying stock's closing level on an observation date is at or above the 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 and the final level is at or above the downside threshold, principal ($10 per Note) is repaid at maturity; if the final level is below the downside threshold the cash payment may be less than principal, with losses equal to the underlying return (in extreme cases, a total loss). Trade date is May 11, 2026, settlement date May 13, 2026, final valuation date May 11, 2028.

The offering carries issuer credit risk of UBS and liquidity/secondary market limitations; the estimated initial value per Note on the trade date is $9.72. Example terms shown: contingent coupon rate 29.97% per annum, contingent coupon per $10 Note $0.7493, downside threshold and coupon barrier shown as $50.00 (50% of initial level).

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Marvell Technology, Inc. stock due May 15, 2028. The Notes pay periodic contingent coupons only if the underlying closing level meets a coupon barrier on observation dates and may be automatically called early if the underlying equals or exceeds 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 disclosed downside threshold; otherwise investors suffer losses equal to the percentage decline in the underlying and could lose their entire investment. The Notes are unsecured obligations of UBS and any payments depend on UBS creditworthiness. The Notes trade with a principal amount of $10 per Note, an estimated initial value of $9.72 as of the trade date, and example terms showing a contingent coupon rate of 28.58% per annum (contingent coupon $1.429 on a $10 Note). Trade and settlement dates and final valuation and maturity dates are disclosed in the terms.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Intel Corporation with final terms set on the trade date. The Notes mature on May 15, 2028 with a final valuation date of May 11, 2028.

The Notes pay periodic contingent coupons only if an observation-date closing level meets or exceeds a coupon barrier; they are automatically called early if an observation-date closing level is at or above the initial level. If not called, principal repayment at maturity is contingent on the final level relative to a downside threshold and is subject to UBS credit risk.

UBS AG priced a preliminary offering of Trigger Autocallable Contingent Yield Notes linked to the common stock of Marvell Technology, Inc. The Notes mature on May 15, 2028 with a final valuation date of May 11, 2028. The Notes pay periodic contingent coupons only if the underlying stock meets a coupon barrier on observation dates and will be automatically called early if the underlying equals or exceeds 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 stated downside threshold; otherwise repayment at maturity declines proportionately to the underlying return, with potential for complete loss of principal. The Notes are unsecured obligations of UBS and repayment is subject to UBS credit risk. The trade date is May 11, 2026 with expected settlement on May 13, 2026. The Notes are offered in minimum increments of 100 Notes at a $10 principal amount per Note; the estimated initial value range is $9.38 to $9.63.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Shopify Inc. The notes have a principal amount of $1,000 per Note, a contingent coupon rate of 19.90% per annum, an expected term of approximately 18 months with a trade date of May 18, 2026 and a maturity date of November 23, 2027. The notes are callable monthly (beginning after six months) if the underlying equals or exceeds a call threshold equal to 100.00% of the initial level. If not called, principal is repayable at maturity only if the final level is at or above a downside threshold equal to 50.00% of the initial level; otherwise repayment at maturity reflects the negative underlying return and could result in substantial loss, up to the entire principal. Payments depend on UBS creditworthiness. The estimated initial value range is $948.20 to $978.20 per Note and the issue price will include underwriting and issuance costs.

UBS AG is offering $2,438,000 of Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100 Index, the VanEck Semiconductor ETF and the S&P 500 Index. The Notes pay a periodic contingent coupon of 10.75% per annum if on each observation date every underlying is at or above its coupon barrier; otherwise no coupon is paid. The Notes are callable by UBS beginning after 12 months; if called you receive principal plus any contingent coupon due on the call settlement date. If not called, at maturity you receive $1,000 per Note if each final level is at or above its downside threshold (each downside threshold = 50.00% of the initial level); otherwise your payment equals $1,000 × (1 + underlying return of the least performing underlying asset), which can result in a significant loss or a total loss of principal. Payments depend on UBS' creditworthiness. Key dates: trade date May 8, 2026, settlement May 13, 2026, final valuation date May 8, 2028, maturity May 11, 2028.