UBS ETRACS Alerian MLP ETN Series B SEC Filings

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Carnival Corporation, maturing on or about December 22, 2027. These unsecured debt obligations pay a contingent coupon only if the stock closes at or above a preset coupon barrier on each quarterly observation date.

The notes are subject to automatic call after 12 months if the stock closes at or above the initial level on an observation date, in which case holders receive principal plus any due coupon and no further payments. If the notes are not called, principal is repaid at maturity only if the final stock level is at or above a downside threshold; otherwise, repayment is reduced in line with the stock’s decline and investors could lose their entire investment.

Any payment depends on the creditworthiness of UBS AG. The notes are not insured, will not be listed on any exchange, and carry significant risk. The minimum investment is 100 notes at $10 per note. The estimated initial value is expected to be between $9.37 and $9.62 per $10 note, based on UBS’s internal pricing models.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the American depositary receipts of Alibaba Group Holding Limited, maturing on or about December 22, 2027. These unsecured, unsubordinated debt obligations pay a contingent coupon only if the ADR’s closing level on an observation date, including the final valuation date, is at or above a preset coupon barrier.

The Notes are subject to an automatic call if, on any observation date before maturity, the ADR’s closing level is at or above the initial level. In that case, holders receive the principal plus any due contingent coupon on the call settlement date, and the Notes terminate. If the Notes are not called and the final level is at or above the downside threshold, investors receive only the principal at maturity. If the final level is below the downside threshold, repayment is reduced in line with the negative return of the ADR and can fall to zero.

The estimated initial value is expected to be between $9.39 and $9.64 per $10 Note, and the minimum investment is 100 Notes. Payments depend on the creditworthiness of UBS, and the Notes will not be listed on any securities exchange.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Micron Technology, Inc., maturing on December 22, 2027. The Notes pay a contingent coupon only if Micron’s stock closes at or above a specified coupon barrier on each observation date; if the stock is below that level, no coupon is paid for that period.

The Notes are automatically called early if Micron’s stock closes at or above the initial level on any observation date before maturity, in which case investors receive the principal amount plus the applicable contingent coupon and no further payments. If the Notes are not called and Micron’s stock on the final valuation date is at or above the downside threshold, investors receive their principal back; if it is below the downside threshold, repayment is reduced in line with the stock’s decline and losses can reach 100% of the invested amount.

The Notes are unsecured debt of UBS, are not bank deposits, and are not FDIC insured, so all payments depend on UBS’s credit. They are offered in minimum denominations of $10 per Note, and the estimated initial value as of the trade date is $9.71 per Note, reflecting UBS’s internal pricing models and funding rate.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Amazon.com, Inc., maturing on or about December 22, 2027. These unsecured debt securities pay a contingent coupon only if Amazon’s closing stock price on an observation date is at or above a specified coupon barrier; otherwise no coupon is paid for that period.

The Notes may be automatically called before maturity if Amazon’s stock closes at or above the initial level on any observation date, in which case holders receive the principal amount plus any due coupon, and the Notes terminate. If they are not called and the final stock level is at or above the downside threshold, investors receive back the principal at maturity, plus a final contingent coupon if the coupon barrier is also met. If the final level is below the downside threshold, repayment is reduced in line with the stock’s decline and investors can lose all of their initial investment.

The Notes are issued in minimum denominations of 100 Notes at $10 per Note. The estimated initial value per Note on the trade date is expected to be between $9.45 and $9.70, based on UBS’s internal pricing models. All payments depend on UBS’s creditworthiness, and the Notes will not be listed on any securities exchange.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Micron Technology, Inc. The Notes pay a contingent coupon only if, on each observation date, Micron’s share price is at or above a specified coupon barrier; otherwise no coupon is paid for that period.

The Notes can be automatically called early if Micron’s share price on any observation date before maturity is at or above the initial level. In that case, investors receive the principal plus the applicable contingent coupon and no further payments. If the Notes are not called and Micron’s final share price is at or above the downside threshold, investors receive their principal back at maturity, potentially with a final coupon.

If the Notes are not called and Micron’s final share price is below the downside threshold, repayment is reduced in line with Micron’s negative return, and investors can lose some or all of their principal. Payments depend on the creditworthiness of UBS, and the Notes are unsecured, unsubordinated obligations that will not be listed on any exchange. The minimum investment is 100 Notes at $10 per Note.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Dow Jones Industrial Average®, the Nikkei 225® Index and the S&P 500® Index, maturing on or about March 23, 2027. Each Note has a $1,000 principal amount and pays a contingent coupon at a rate of 11.78% per annum only if, on quarterly observation dates, all three indices close at or above their coupon barriers, set at 70% of their initial levels.

UBS may, at its discretion, call the Notes in whole on any observation date (other than the final one), paying back principal plus any due contingent coupon; no further payments would be made afterward. If the Notes are not called and, on the final valuation date, each index is at or above its downside threshold of 65% of its initial level, investors receive full principal back. If any index finishes below its downside threshold, repayment is reduced one-for-one with the negative return of the worst-performing index, and investors could lose their entire investment. The estimated initial value per Note on the trade date is expected between $957.70 and $987.70, reflecting internal pricing, costs and hedging.

UBS AG London Branch is offering capped leveraged buffered medium-term notes linked to an unequally weighted basket of five equity indices: EURO STOXX 50® (38%), TOPIX (26%), FTSE® 100 (17%), Swiss Market Index (11%) and S&P/ASX 200 (8%). The notes are issued at $1,000 face amount each, with $9,553,000 in aggregate face amount, and mature on March 10, 2028.

The notes pay no interest. At maturity, if the basket has risen, investors receive $1,000 plus 250% of the basket gain, but returns are capped at a maximum settlement amount of $1,271.25 per $1,000. If the basket has fallen by up to 17.5%, investors receive full principal. Below this buffer (basket level under 82.5), losses accelerate at about 1.2121% of principal for every additional 1% basket decline, and investors can lose their entire investment.

The notes are unsecured obligations of UBS, are not FDIC-insured, will not be listed on an exchange and may have limited or no secondary market. The estimated initial value is $996.00 per $1,000, reflecting internal pricing and costs. Tax treatment is complex, including derivative characterization, potential PFIC issues, Section 871(m) and FATCA considerations, and investors are urged to consult their advisors.

UBS AG is offering $1,167,000 of Trigger Autocallable Contingent Yield Notes linked to the least performing of CoreWeave, Inc. and Microsoft Corporation common stock, maturing December 22, 2027. Each $1,000 Note pays a contingent coupon of 28.85% per annum, or $24.0417 per monthly period, but only if both stocks close at or above their coupon barriers, set at 50.00% of their initial levels.

The Notes can be automatically called after six months if both stocks are at or above their call threshold levels, equal to 100.00% of initial levels ($64.55 for CoreWeave and $476.12 for Microsoft). If called, investors receive principal plus any due coupon. If never called and any final level is below its 50.00% downside threshold, holders receive the share delivery amount of the worst performer (15.4919 CoreWeave shares or 2.1003 Microsoft shares per Note), likely far below principal, causing a significant or total loss.

The Notes are unsecured UBS obligations, not insured, and will not be listed. The estimated initial value is $912.10 per Note versus a $1,000 issue price, with $960.00 per Note in proceeds to UBS AG after a $40.00 underwriting discount. The document highlights substantial market, liquidity, credit and tax risks.

UBS AG is offering $884,000 of Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500, maturing on December 21, 2028. The notes pay a 14.00% per annum contingent coupon (about $11.6667 per $1,000 note monthly) only when all three indices close at or above their coupon barriers, set at 80% of their initial levels. UBS can call the notes in whole on any monthly observation date after three months, returning principal plus any due coupon, after which no further payments are made.

If the notes are not called and on the final valuation date any index finishes below its downside threshold (also 80% of its initial level), investors receive principal reduced one-for-one with the worst index’s loss, and could lose their entire investment. The notes are unsecured UBS debt, not FDIC insured, and all payments depend on UBS’s credit. The issue price is $1,000 per note, with estimated initial value of $972.50 and net proceeds to UBS of $995.00 per note.