UBS ETRACS Alerian MLP Index ETN Series B SEC Filings

The issuer UBS AG is offering $6,198,000 of Trigger Callable Contingent Yield Notes linked to the least performing of the Dow Jones Industrial Average, the Russell 2000 and the S&P 500. Each Note has a $1,000 principal amount, a contingent coupon rate of 10.75% per annum, and a maturity date of March 25, 2031. Observation dates are quarterly and UBS may call the Notes in whole (but not in part) on any observation date beginning after six months. At maturity, principal is repaid only if each underlying asset is at or above its downside threshold (each downside threshold = 55.00% of the initial level); otherwise repayment declines proportionally to the negative return of the least performing underlying asset and you could lose a significant portion or all of your investment. The estimated initial value per Note as of the trade date is $990.00 and the issue price is $1,000.00. All payments are subject to UBS credit risk.

UBS is offering $585,000 of Contingent Income Auto-Callable Securities linked to the common stock of T‑Mobile US, Inc. Each security has a stated principal of $1,000, an issue price of $1,000, and matures on March 23, 2029. Holders may receive a contingent payment of $26.125 per security (10.45% per annum) on each contingent payment date if the closing price on a determination date is ≥ the downside threshold of $145.93 (70.00% of the initial price). If the closing price on a determination date (other than the final date) is ≥ the call threshold of $208.47 (100.00% of the initial price), the securities are auto‑redeemed early for the stated principal plus the contingent payment. If not redeemed and the final price is below the downside threshold, holders receive a cash value equal to the exchange ratio times the final price and can lose a significant portion or all of their investment. The estimated initial value at pricing was $965.90, below the issue price. All payments are subject to the credit risk of UBS AG, and UBS has elected cash settlement in lieu of share delivery in downside scenarios.

UBS AG is offering Trigger Autocallable Yield Notes linked to the common stock of GRAIL, Inc. The Notes have a principal amount of $1,000 per Note, a fixed coupon rate of 15.30% per annum, a trade date of March 27, 2026, expected settlement on March 31, 2026, a final valuation date of March 27, 2029 and a maturity date of March 30, 2029.

The Notes may be automatically called on quarterly observation dates beginning after six months if the closing level of GRAIL is at or above the call threshold (stated as 100.00% of the initial level). If not called, principal is contingent at maturity: full principal is repaid if the final level is at or above the downside threshold (stated as 50.00% of the initial level); if below, repayment falls proportionally and you could lose a significant portion or all of your investment. UBS’ estimated initial value range is $882.80 to $912.80 per Note; issue price per Note is $1,000.00 with an underwriting discount of $23.50.

UBS AG is offering Phoenix Autocallable Buffer Notes with Memory Interest linked to the common stock of Diamondback Energy, Inc. The notes have a principal amount of $1,000 per Note, a minimum initial investment of $10,000 (10 Notes) and contingent interest of at least $51.275 per Note when observation-date conditions are met. Final terms will be set on the trade date. Key dates include a trade date of March 27, 2026, expected settlement April 1, 2026, valuation date April 9, 2027 and maturity April 14, 2027. The notes are automatically callable on specified observation dates if the underlying's closing price is equal to or greater than the initial price. If not called, repayment at maturity is contingent: full principal is returned only if the final price is at or above the downside threshold (85% of the initial price as illustrated); otherwise holders receive a cash equivalent tied to the final price and share delivery amount, which can be worth less than principal. The estimated initial value range on the trade date is $957.00 to $987.00. All payments remain subject to UBS credit risk.

UBS AG London Branch is offering $4,615,000 of Contingent Income Auto-Callable Securities with Memory Coupon due March 23, 2028, linked to the worst performing of Apple, Amazon and Alphabet common stock.

The securities pay a contingent payment of $28.875 per security (equivalent to 11.55% per annum) on each contingent payment date only if all underlying equities close at or above 50% of their initial prices. The notes are auto-callable if all underlyings meet their 100% call thresholds on a determination date and otherwise expose holders to principal loss tied to the worst performing underlying; payments are subject to the credit risk of UBS AG.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of FedEx Corporation due March 26, 2029. 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 prior observation date.

Minimum purchase is 100 Notes at $10 per Note. The estimated initial value is $9.70. If not called, principal is repaid at maturity only if the final level is at or above the $80.00 downside threshold (80.00% of the initial level); otherwise principal is reduced pro rata, and investors can lose a substantial portion or all principal. Payments depend on UBS creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of FedEx Corporation due on or about March 26, 2029. The Notes pay periodic contingent coupons only if the underlying stock closes at or above a coupon barrier on observation dates and are autocallable early if the stock closes at or above the initial level on any observation date prior to the final valuation date. Each Note has a principal amount of $10, a minimum purchase of 100 Notes ($1,000), and example terms showing a hypothetical contingent coupon rate of 11.50% per annum. If not called and the final level is below the downside threshold (example: $80.00, or 80.00% of the initial level), redemption at maturity can be less than principal and may result in substantial or total loss. The trade date is March 23, 2026, settlement is expected March 25, 2026, the final valuation date is March 22, 2029 and maturity is March 26, 2029. Estimated initial value range at pricing is between $9.33 and $9.58 per Note.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of Lam Research Corporation, maturing on March 27, 2028. The Notes pay periodic contingent coupons only if the underlying's closing level on each observation date is at or above the coupon barrier and will be automatically called early if the underlying's closing level is at or above the initial level on any observation date prior to maturity. At maturity, if not called, repayment of principal is contingent: full principal is paid only if the final level is at or above the downside threshold; otherwise principal is reduced in proportion to the underlying's decline, and investors could lose a significant portion or all of their investment. Key terms shown: contingent coupon rate 21.38% per annum (example), principal amount $10 per Note, downside threshold and coupon barrier at 50% of the initial level (example), trade date March 23, 2026, settlement March 25, 2026, final valuation date March 23, 2028, and maturity March 27, 2028. The estimated initial value is $9.77 per Note and the minimum investment is 100 Notes ($1,000). All payments are subject to UBS's creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Corning Incorporated stock due March 26, 2029. The Notes pay a contingent coupon only when the underlying closing level on an observation date is at or above a coupon barrier; otherwise no coupon is paid.

The Notes are subject to automatic early call if the underlying closing level on any observation date prior to maturity is at or above the initial level, in which case UBS will pay $10 principal plus any contingent coupon on the related call settlement date. If not called, principal repayment at maturity is contingent: if the final level is below the downside threshold ($50.00, equal to 50.00% of the initial level), repayment is $10 multiplied by (1 + underlying return), which can result in a substantial loss or complete loss of principal. Key dates: trade date March 23, 2026, settlement date March 25, 2026, final valuation date March 22, 2029, and maturity March 26, 2029. Minimum investment is 100 Notes ($1,000); the estimated initial value as of the trade date is $9.69. Any payments depend on UBS's creditworthiness.