UBS ETRACS Alerian MLP Index ETN Series B SEC Filings

UBS AG priced a preliminary offering of Trigger Autocallable Contingent Yield Notes linked to the common stock of Broadcom Inc. The Notes have a principal amount of $10 per Note, trade date April 24, 2026, expected settlement April 28, 2026, final valuation date April 26, 2027 and maturity April 28, 2027.

The Notes pay periodic contingent coupons only if the underlying closes at or above a coupon barrier on each observation date; they are automatically called early if the underlying closes at or above the initial level on an observation date. If not called, principal repayment at maturity is contingent: if the final level is below the disclosed downside threshold, repayment may be reduced proportionally, potentially resulting in a substantial or total loss of principal. Estimated initial value is between $9.48 and $9.73.

UBS AG priced a preliminary offering for Trigger Autocallable Contingent Yield Notes linked to Amazon.com, Inc. equity, due on or about April 28, 2027. The Notes pay periodic contingent coupons only if the underlying meets the coupon barrier on observation dates and are subject to automatic early call if the underlying meets or exceeds the initial level on an observation date. If not called, principal repayment at maturity is contingent on the final level relative to a downside threshold; a final level below that threshold exposes investors to the full downside of the underlying (up to a complete loss). Trade date is April 24, 2026 with settlement expected on April 28, 2026. The offering carries issuer credit risk of UBS and an estimated initial value per Note of $9.48–$9.73 (models-based).

UBS AG is offering Buffer Callable Contingent Yield Notes linked to the least performing of the S&P 500® and Russell 2000®, with a contingent coupon of 8.40% per annum, a 20% buffer and issuer call rights beginning after 12 months. The notes pay contingent coupons only if each underlying meets its coupon barrier on observation dates; if not called and a final level falls below its downside threshold, principal is reduced by the least performing underlying return in excess of the buffer. Issue price is $1,000 per note, underwriting discount $5.00 per note, and estimated initial value ranges from $961.70 to $991.70. Payments are subject to UBS credit risk and the final terms will be set on the strike date.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100® Technology Sector, the Russell 2000® Index and the S&P 500® Index. Each $1,000 Note pays a 9.30% per annum contingent coupon only if all three underlying assets meet coupon barriers on an observation date. UBS may call the Notes monthly (beginning after ~3 months). If not called, principal is repaid at maturity only if each final level is ≥ its 65% downside threshold; otherwise repayment is reduced in proportion to the negative return of the least performing underlying asset, potentially resulting in loss of all principal. Issue size is $775,000 (issue price $1,000 per Note); estimated initial value per Note was $944.20. All payments are subject to UBS credit risk and there may be little or no secondary market.

UBS AG is offering $575,000 of Trigger Autocallable Yield Notes linked to the common stock of GRAIL, Inc., maturing March 29, 2029. The Notes pay a fixed coupon of 15.30% per annum (estimated coupon $38.25 per $1,000 Note) paid quarterly unless the Notes are automatically called on a scheduled observation date.

If an observation date closing level is at or above the call threshold (100.00% of the initial level = $48.49), UBS will pay principal plus the then-due coupon and the Notes will terminate. If not called and the final level is below the downside threshold (50.00% of the initial level = $24.25), repayment at maturity exposes holders to the underlying return and could result in losing a significant portion or all of principal. All payments are subject to UBS credit risk.

UBS AG offered $1,928,000 of Trigger Callable Contingent Yield Notes due October 28, 2030

The Notes are unsubordinated, unsecured obligations linked to the least performing of four underlying assets: shares of the XLU ETF, shares of the TLT ETF, the Nasdaq-100 Index®, and the Russell 2000® Index. They pay a contingent coupon of 11.30% per annum only when each underlying asset meets its coupon barrier on monthly observation dates; otherwise no coupon is paid. UBS may call the Notes monthly (beginning after three months); if not called, repayment at maturity depends on whether every underlying asset’s final level is at or above its downside threshold (60% of initial level). If the least performing underlying asset finishes below its downside threshold, principal is repaid in cash and falls in proportion to that asset’s decline. The estimated initial value per Note is $986.20 and the issue price is $1,000.00 per Note. Investing involves significant market and UBS credit risk.

UBS AG is offering Trigger Autocallable Notes linked to the least performing of the Nasdaq-100® Technology Sector, the Russell 2000® Index and the S&P 500® Index. Each Note has a $1,000 principal amount, an expected trade date of May 1, 2026, a final valuation date of May 1, 2031 and a maturity date of May 6, 2031. The Notes will be automatically called on an observation date if the closing level of each underlying asset is equal to or greater than its call threshold level; the stated call return rate is 13.30% per annum with call prices ranging from $1,133.00 to $1,665.00 depending on the call date. If not called, repayment at maturity is contingent: if every underlying asset is at or above its downside threshold (60.00% of initial level), you receive $1,000; otherwise payment equals $1,000 × (1 + Underlying Return of the Least Performing Underlying Asset), which can result in a substantial loss, including total loss. Payments are subject to UBS credit risk; estimated initial value is between $948.30 and $978.30 per Note.

UBS AG is offering $1,500,000 of Trigger Autocallable Contingent Yield Notes with Memory Interest linked to the common stock of Boston Scientific Corporation (BSX). The Notes pay a contingent coupon of 11.15% per annum (fixed) on observation dates when the closing level meets or exceeds the coupon barrier. The initial level is $64.87 (strike date) with a call threshold equal to $64.87 (100% of initial) and a downside threshold equal to $45.41 (70% of initial). Notes are callable quarterly beginning six months after issuance and mature April 26, 2029. If not called and the final level is below the downside threshold, repayment at maturity is reduced pro rata to the underlying return (potentially a total loss). The estimated initial value per Note was $963.80 versus the issue price of $1,000. All payments depend on UBS’ creditworthiness.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500, maturing April 5, 2029. The Notes pay a contingent coupon (12.35% per annum) only if each index meets its coupon barrier on an observation date and are issuer-callable monthly beginning after three months. If not called and any final index level is below its 70% downside threshold, the repayment at maturity will be reduced in direct proportion to the negative return of the least performing index (potentially a total loss). The issue price is $1,000 per Note (aggregate $4,376,000); the estimated initial value per Note is $986.80. All payments are subject to UBS credit risk and there may be little or no secondary market.