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. The notes pay a contingent coupon only when each underlying meets its coupon barrier on observation dates, are issuer-callable monthly beginning after ~3 months and mature on or about May 17, 2028. The notes repay principal at maturity only if every underlying is at or above its downside threshold; otherwise repayment is reduced in line with the percentage decline of the least performing underlying asset. The preliminary contingent coupon rate shown is 12.30% per annum, the hypothetical per-note principal is $1,000, and the estimated initial value range is $956.70 to $986.70 as of the trade date. The offering includes underwriting compensation (up to $7.25 per note) and indicates minimum proceeds to UBS of at least $992.75 per note. The notes are unsecured obligations of UBS and are subject to UBS credit risk, limited liquidity (not exchange-listed) and material downside exposure tied to the least performing underlying asset.
UBS AG assumed Credit Suisse’s obligations under a class of exchange‑traded notes (ETNs) following the December 7, 2023 merger agreement and the May 31, 2024 registration of the Merger. UBS expressly assumed Credit Suisse’s rights and obligations under the Senior Indenture, renamed the notes “ETRACS Silver Shares Covered Call ETNs due April 21, 2033,” and designated its London Branch to act under the ETNs. The pricing supplement describes 4,000,000 ETNs (stated principal amount denomination now $400.00 each after a prior 1‑for‑20 reverse split), a maturity date of April 21, 2033, an Investor Fee Rate of 0.65% (Daily Investor Fee), an Early Redemption Charge of 0.125%, and that the Index Sponsor/Calculation Agent is Nasdaq, Inc.
UBS AG offers Airbag Autocallable Yield Notes linked to Take-Two Interactive common stock with a final maturity of June 7, 2027. The Notes pay a stated coupon each payment date unless automatically called and are unsecured obligations of UBS.
The Notes are subject to an automatic call if the underlying's closing level on any observation date before the final valuation date is equal to or greater than the initial level. If called, UBS will pay principal plus the coupon on the related coupon payment date. If not called, repayment at maturity depends on the final level relative to a conversion level: UBS will repay principal in cash if the final level is at or above the conversion level; otherwise investors receive a share delivery amount of Take-Two stock (plus cash for fractional shares), which may be worth less than principal. Trade and settlement dates are June 3, 2026 and June 5, 2026, respectively; the final valuation date is June 3, 2027.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of KKR & Co. Inc., maturing June 5, 2029. The notes pay periodic contingent coupons only if the underlying meets coupon barriers on observation dates and may be automatically called quarterly beginning after six months. If not called, principal repayment at maturity is contingent on the final level relative to a downside threshold; if the final level is below that threshold, holders can suffer losses equal to the decline in the underlying, up to a total loss. Trade date is June 3, 2026 with settlement on June 5, 2026. The estimated initial value per note at pricing was $9.70.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Apollo Global Management, Inc. The Notes pay a contingent coupon on coupon dates only if the underlying stock's closing level on an observation date is equal to or above a coupon barrier. The Notes may be automatically called early if the underlying closes at or above the initial level on any observation date prior to maturity. If not called, repayment at the maturity date depends on the final level relative to a downside threshold; a final level below that threshold results in principal loss tied to the percentage decline in the underlying and, in extreme cases, the loss of the entire principal. The Notes are unsecured obligations of UBS and any payments are subject to UBS's creditworthiness.
Key dates: Trade Date: June 3, 2026, Settlement Date: June 5, 2026, Final Valuation Date: June 1, 2028, Maturity Date: June 5, 2028. The estimated initial value was $9.74 per Note and the offering minimum is 100 Notes at $10 per Note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Vertiv Holdings Co maturing on June 5, 2029. Each Note has a principal amount of $10; minimum investment is 100 Notes (representing $1,000). The Notes pay a contingent coupon on coupon payment dates only if the closing level of the underlying meets or exceeds a coupon barrier on the applicable observation date; otherwise no coupon is paid.
The Notes are 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 that 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 ($60.00, or 60.00% of the initial level in the example), repayment at maturity may be less than principal, with losses equal to the underlying return. The estimated initial value as of the trade date is $9.50. All payments, including principal, are subject to UBS credit risk.
UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Advanced Micro Devices, Inc. with a trade date of June 3, 2026, expected settlement on June 5, 2026, a final valuation date of June 1, 2028 and maturity on June 5, 2028. The Notes pay periodic contingent coupons only if the underlying closing level meets the coupon barrier on observation dates and are automatically called early if the underlying equals or exceeds the initial level on any observation date. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; if below, repayment is reduced pro rata to the underlying return, potentially causing a loss of a significant portion or all principal. Payments depend on UBS creditworthiness. The Notes are offered in minimum blocks of 100 Notes at $10 per Note and had an estimated initial value of $9.81 as of the trade date.
UBS AG is offering Airbag Autocallable Yield Notes linked to Take-Two Interactive Software, Inc. common stock with expected Trade Date June 3, 2026, Settlement Date June 5, 2026, Final Valuation Date June 3, 2027, and Maturity Date June 7, 2027. Each Note has a principal amount of $1,000 (example terms).
The Notes pay a coupon on each coupon payment date unless there is an automatic call. If an observation date closes at or above the initial level, UBS will automatically call the Notes and pay principal plus coupon on the related call settlement date. If not called, repayment at maturity depends on the final level versus the conversion level: UBS will repay principal in cash if the final level is at or above the conversion level, or deliver a share delivery amount (a number of Take-Two shares equal to $1,000 divided by the conversion level) if the final level is below the conversion level. The Notes are unsecured obligations of UBS and are subject to UBS credit risk; investors may lose some or all of their principal.
UBS AG priced a preliminary offering of Trigger Autocallable Contingent Yield Notes linked to the common stock of KKR & Co. Inc. with a trade date of June 3, 2026 and an expected maturity on or about June 5, 2029. The Notes pay periodic contingent coupons only if the underlying closing level on an observation date meets or exceeds the coupon barrier and are automatically called if the underlying closes at or above the initial level on any quarterly observation (beginning after six months). If not called, principal repayment at maturity is contingent: full principal is paid if the final level is at or above the downside threshold; otherwise principal is reduced pro rata to the underlying return, potentially resulting in the loss of the entire initial investment. The principal amount per Note is $10 and the estimated initial value range on the trade date is between $9.31 and $9.56. All payments are subject to UBS credit risk.