UBS AG is offering Trigger Autocallable Notes with a principal amount of $1,000 per Note, linked to the least performing of the Russell 2000 Index and the S&P 500 Index. The notes run for about four years, from an expected July 31, 2026 trade date to August 5, 2030 maturity.
The notes pay no interest or dividends. Each year, including at final valuation, if both indices are at or above their call threshold (100% of initial level), the notes are automatically called and pay the call price: principal plus a call return based on an 11.35% per‑annum rate, increasing the longer they remain outstanding.
If never called and at maturity both indices are at or above their downside thresholds (70% of initial), holders receive only their principal. If at least one index finishes below its downside threshold, repayment is reduced one‑for‑one with the worst index’s loss, down to a total loss of principal. The notes are unsecured, unsubordinated UBS debt, not listed, and their estimated initial value of $939.70–$969.70 is below the $1,000 issue price, reflecting fees and UBS’s internal funding rate. Capital is fully at risk and repayment depends on UBS’s credit.
UBS AG is offering Buffer Autocallable Contingent Yield Notes, unsecured senior debt linked to the least performing of the S&P 500 Index and the SPDR S&P Regional Banking ETF. The notes mature on or about July 31, 2031 and pay a 9.75% per annum contingent coupon.
Holders receive a monthly coupon of $8.125 per $1,000 note only when both underlyings are at or above their 85% coupon barriers. Beginning after 12 months, the notes are automatically called if both are at or above 100% of their initial levels, returning principal plus the applicable coupon.
If not called and both final levels are at or above their 85% downside thresholds, investors receive full principal at maturity. If any final level is below its downside threshold, principal is reduced beyond the 15% buffer, and investors can lose almost all of their investment. The notes are not listed, carry UBS credit and Swiss resolution (FINMA) risk, and have an estimated initial value of $919.30–$949.30 per $1,000 note, below the public issue price.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the least performing of the Nasdaq‑100 Index and the S&P 500 Index, each with $1,000 principal and an expected term of about three years from August 2026 to August 2029.
The notes pay an 11.00% per annum contingent coupon (about $27.50 per quarter) only when both indices close at or above 70% of their initial levels on quarterly observation dates. Starting after six months, if both indices are at or above 100% of their initial levels on an observation date, the notes are automatically called and repay principal plus the applicable coupon.
If the notes are not called and either index finishes below 70% of its initial level at maturity, repayment is reduced one‑for‑one with the loss of the least performing index, up to a total loss of principal. Investors do not participate in index upside or dividends. The notes are unsecured obligations of UBS, are not listed on an exchange, and have an estimated initial value of $964.10–$994.10 per $1,000 note, reflecting internal funding and structuring costs.
UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of three State Street Select Sector SPDR ETFs—Communication Services (XLC), Energy (XLE) and Consumer Discretionary (XLY)—with a principal amount of $1,000 per Note.
The Notes pay a contingent coupon at an annual rate of 11.30% (monthly payments of $9.4167) only when the closing level of each ETF is at or above its coupon barrier, set at 62.00% of its initial level. UBS may redeem the Notes in whole, at its discretion, on any monthly observation date beginning after six months, paying principal plus any due coupon.
If the Notes are not called and, at maturity in July 2031, the final level of any ETF is below its downside threshold (also 62.00% of its initial level), the repayment per Note is reduced one-for-one with the loss on the worst-performing ETF, up to a total loss of principal. Investors forgo ETF dividends, face limited upside, possible zero coupons, limited liquidity, and full exposure to UBS credit risk.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the least performing of the Nasdaq-100 Index and the S&P 500 Index, maturing on or about August 3, 2029. Each $1,000 note pays a contingent coupon at 9.05% per annum (quarterly $22.625) when both indices close at or above their coupon barriers.
The coupon barrier and downside threshold for each index are set at 70.00% of its initial level, while the call threshold is 100.00%. Starting after six months, if both indices are at or above their call thresholds on an observation date, the notes are automatically called and repay principal plus any due coupon.
If the notes are not called and any index finishes below its downside threshold, the payment at maturity is reduced one-for-one with the decline of the worst-performing index, potentially to zero, so investors can lose all principal. Payments depend on UBS’s credit; the estimated initial value of each note, $948.40–$978.40, is below the $1,000 issue price, and the notes are not listed, so liquidity may be limited.
UBS AG plans to issue Trigger Callable Contingent Yield Notes linked to the least performing of the S&P 500 Index, Russell 2000 Index and Nasdaq‑100 Index, at an issue price of $1,000 per Note with a 12.45% per annum contingent coupon.
Coupons are paid monthly only if on each observation date every index closes at or above its coupon barrier, set at 70% of its initial level; otherwise no coupon is paid. UBS may call the notes monthly after about three months, repaying principal plus any due coupon, after which no further payments are made. If not called, and on the January 26, 2028 maturity date each index is at or above its 70% downside threshold, investors receive principal; if any index finishes below its threshold, repayment is reduced in line with the worst index’s decline, up to a total loss. The notes are unsecured, unsubordinated obligations of UBS, not listed, not FDIC insured, and carry UBS credit risk. The estimated initial value is expected between $960.30 and $990.30 per Note, below the issue price due to underwriting compensation, hedging, issuance costs and UBS’ internal funding rate.
UBS AG, through its London Branch, is offering Trigger Autocallable Notes linked to the least performing of the Russell 2000 Index and the S&P 500 Index, maturing on August 5, 2030. Each Note has a $1,000 principal amount and a call return rate of 13.30% per annum. The Notes are automatically called if on any annual observation date, including the final valuation date, the closing level of both indices is at or above their call threshold levels, set at 100.00% of their initial levels.
If called, investors receive the call price (principal plus accrued call return) and no further payments. If not called and both final index levels are at or above downside thresholds of 70.00% of initial levels, principal is repaid at maturity. If any final level is below its downside threshold, repayment equals $1,000 × (1 + the return of the least performing index), creating full downside exposure and potential total loss of principal. The estimated initial value is between $959.70 and $989.70 per Note. The Notes pay no interest, are unsecured unsubordinated obligations of UBS, are not listed on any exchange, and all payments depend on UBS’s credit and Swiss regulatory resolution powers.
UBS AG London Branch is offering $2,242,000 of Capped Leveraged Buffered S&P 500® Index-Linked Medium-Term Notes due July 17, 2028. Each $1,000 note pays no interest and returns cash at maturity based on S&P 500® performance from July 13, 2026 to July 13, 2028.
Investors gain 150.00% of any positive index return, but returns are capped at a maximum settlement of $1,196.50 per $1,000 (when the index reaches 113.10% of the initial level of 7,515.34). A 20.00% buffer protects against moderate declines; below 80.00% of the initial level (6,012.272), losses accelerate at a buffer rate of 125.00%, so a sufficiently large drop can erase the entire investment. The estimated initial value is $978.20 per $1,000, reflecting underwriting and hedging costs; UBS receives 98.27% of face after a 1.73% underwriting discount. The notes are unsecured obligations of UBS, not FDIC-insured, will not be listed, may have little or no secondary market, and carry complex U.S. tax and withholding considerations, including potential application of Section 871(m) and FATCA.
UBS AG is offering Trigger Callable Contingent Yield Notes due on or about January 27, 2028, linked to the least performing of the S&P 500 Index, Russell 2000 Index and Nasdaq-100 Index. The notes pay a contingent coupon of 10.05% per annum, only when on each monthly observation date all three indices close at or above their respective coupon barriers, set at 70.00% of their Initial Levels.
UBS may, at its discretion, call the notes in whole on any observation date beginning after three months, paying the $1,000 principal per note plus any due contingent coupon, after which no further payments are made. If the notes are not called and, on the final valuation date, each index is at or above its downside threshold (also 70.00% of its Initial Level), investors receive full principal back plus any final coupon. If any index finishes below its downside threshold, the maturity payment is reduced by the full percentage decline of the worst-performing index, and investors can lose a significant portion or all of their investment.
The notes are unsubordinated, unsecured debt obligations of UBS, not bank deposits and not insured by the FDIC or any government agency. The estimated initial value per note is expected to be between $946.30 and $976.30, lower than the $1,000 issue price due to underwriting discounts, hedging and issuance costs, and UBS’s internal funding rate. The notes will not be listed, and any secondary market may be limited, with prices influenced by index levels, volatility, interest rates and UBS’s creditworthiness.
UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Russell 2000 Index and the Nasdaq-100 Technology Sector. The notes pay a 13.40% per annum contingent coupon only when both indices are at or above their respective coupon barriers on an observation date.
Each index has a coupon barrier and downside threshold at 70.00% of its Initial Level. If the notes are not called and any index finishes below its downside threshold at maturity, repayment of principal falls in line with the worst index’s percentage decline, potentially to zero. The notes are callable monthly after three months at UBS’s discretion, are unsubordinated, unsecured obligations subject to UBS credit risk, will not be listed on an exchange, and have an estimated initial value between $957.30 and $987.30 versus a $1,000 issue price, with underwriting compensation of up to $7.25 per note.