UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Russell 2000® and S&P 500® indices. The notes have a $1,000 principal amount per note, a contingent coupon mechanism (coupon payable only if both indices meet coupon barriers on each observation date) and an issuer call feature (UBS may call the notes on quarterly observation dates beginning after six months). If not called, principal is repaid at maturity only if each underlying index is at or above a 70.00% downside threshold; otherwise repayment at maturity is reduced pro rata to the negative return of the least performing underlying asset, potentially resulting in total loss. Key dates include an expected trade date of June 26, 2026, final valuation date of June 26, 2029 and maturity of June 29, 2029. The estimated initial value range is $961.90 to $991.90 and any payments depend on UBS creditworthiness.
UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100® Technology Sector and the S&P 500® Index due on or about May 23, 2028. The Notes pay a contingent coupon (example: 10.50% per annum) only when each underlying asset’s closing level on an observation date is at or above its coupon barrier. UBS may call the Notes monthly beginning after approximately six months. If not called and any final level is below its downside threshold (example: 60.00% of initial level), principal repayment at maturity can be reduced pro rata to the loss in the least performing underlying asset. The document shows an estimated initial value range of $958.60 to $988.60 and an illustrative issue price per Note of $1,000.00 with proceeds to UBS of at least $992.75 per Note. The offering is preliminary and final terms will be set on the strike date and in the final pricing supplement.
UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the least performing of the S&P 500® Index, the State Street® Energy Select Sector SPDR® ETF (XLE) and the State Street® Technology Select Sector SPDR® ETF (XLK). The Notes have a principal amount of $1,000 per Note, a contingent coupon rate of 15.65% per annum and monthly observation dates (callable after 12 months). If all underlying assets meet coupon barriers on an observation date, a contingent coupon is payable; if all meet call thresholds on an observation date (beginning after 12 months), UBS will automatically call the Notes and pay principal plus any contingent coupon. At maturity (on or about June 22, 2029), if the Notes are not called and the final level of any underlying asset is below its downside threshold, repayment may be less than principal and could result in a substantial loss or total loss of principal. Payments are subject to UBS credit risk. Trade and settlement dates are set to occur in June 2026 and final terms will be set on the trade date.
UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the S&P 500®, Russell 2000® and Nasdaq-100® Technology Sector. The Notes pay a 10.60% per annum contingent coupon only if each underlying asset meets its coupon barrier on an observation date, are callable monthly by UBS beginning after three months, and repay principal at maturity only if each underlying asset’s final level is equal to or greater than its downside threshold. The issue price is $1,000.00 per Note with underwriting discount $25.00 and proceeds to UBS of $975.00 per Note. The estimated initial value range is $938.50 to $968.50 per Note.
UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the least performing of the Russell 2000® Index and the S&P 500® Index. The notes have a $1,000 principal per note, a contingent coupon of 9.00% per annum (shown as $22.50 per observation), quarterly observation dates and an expected maturity date of June 29, 2027. The notes are subject to automatic early call if each underlying closes at or above a call threshold (100% of initial level) on an observation date, in which case holders receive principal plus any contingent coupon. If not called, a trigger event occurs when any underlying closes below its downside threshold (60% of initial level) on any trading day during the observation period; in that case a holder at maturity bears the negative return of the least performing underlying asset and could lose some or all of principal. Payments, including principal repayment, are dependent on UBS creditworthiness.
UBS AG is offering Buffer Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500. The Notes pay a contingent coupon only if every underlying meets its coupon barrier on an observation date, are issuer-callable (beginning after 6 months), and repay principal at maturity only if each underlying is at or above its downside threshold; otherwise principal is reduced pro rata to the loss of the least performing underlying in excess of a 15.00% buffer. Trade date, settlement date and expected maturity are shown and the estimated initial value range is $961.90–$991.90 per $1,000 Note. Purchasers assume market risk of each underlying and UBS credit risk.
UBS AG offers Trigger Callable Contingent Yield Notes linked to the least performing of the S&P 500 Index, the Nasdaq-100 Technology Sector and the Russell 2000 Index, as described in a preliminary pricing supplement dated June 10, 2026.
The Notes have a stated contingent coupon rate of 12.05% per annum (illustrated for the S&P 500 row), are callable monthly by UBS starting after ~3 months, mature on or about December 16, 2027 (approximately an 18-month term in examples), and pay principal at maturity only if each underlying is at or above its downside threshold (65.00% of its initial level) otherwise the repayment reflects the percentage return of the least performing underlying asset. The issue price per Note is $1,000.00 with estimated initial value between $956.90 and $986.90 and per-Note underwriting compensation up to $7.25.
UBS AG is offering Buffer Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500, with an expected maturity on or about June 29, 2029. The Notes pay a contingent coupon of 9.00% per annum only when each underlying index meets its coupon barrier on an observation date. UBS may call the Notes in whole on quarterly observation dates beginning after six months; if called you would receive principal plus any contingent coupon then due. If the Notes are not called and the final level of any underlying index is below its downside threshold, principal repayment at maturity is reduced by the percentage that the least performing index is below its initial level in excess of the 15% buffer, and you could lose some or almost all of your initial investment. The prospectus discloses an estimated initial value range of $948.10 to $978.10 and an issue price of $1,000.00 with underwriting compensation of $15.00 per Note; proceeds to UBS are approximately $985.00 per Note.
UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the S&P 500® Index, the Russell 2000® Index and the Nasdaq-100® Technology Sector due on or about June 22, 2029. The notes pay a contingent coupon of 12.55% per annum only when each underlying closes at or above its coupon barrier on an observation date. UBS may call the notes monthly beginning after approximately three months; if not called, principal repayment at maturity depends on the final levels relative to a downside threshold of 60% of initial level and a coupon barrier of 70% of initial level. The illustrative issue price is $1,000 per note with an estimated initial value range of $958.20 to $988.20 and an underwriting discount of up to $9.50 per note. The notes are unsecured obligations of UBS and subject to credit, market, liquidity and structural risks described herein.
UBS AG offers Trigger Callable Contingent Yield Notes linked to the least performing of the S&P 500® Index and the Russell 2000® Index. The offering totals $6,225,000 in principal at an issue price of $1,000.00 per Note. The Notes pay a contingent coupon of 8.30% per annum only when each index meets its coupon barrier on an observation date; otherwise no coupon is paid.
The Notes are callable by UBS quarterly beginning about one year after issuance. If not called and the final level of any underlying asset is below its downside threshold (50% of initial level), holders suffer a principal loss equal to the percentage decline of the least performing underlying asset. Estimated initial value per Note on the trade date was $994.90. Payments depend on UBS creditworthiness and the Notes will not be listed on an exchange.