UBS AG offers $400,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of Eli Lilly and Company due June 1, 2027. The Notes pay periodic contingent coupons only if the underlying stock closes at or above a coupon barrier on observation dates and may be automatically called early if the stock closes at or above the initial level on an observation date.
If the Notes are not called, principal is repaid at maturity only if the final level is at or above the downside threshold; if the final level is below that threshold the cash payment at maturity will be reduced proportionally to the underlying return and could result in a substantial or total loss of principal. Payments are subject to UBS credit risk. Trade date is May 28, 2026, settlement June 1, 2026, final valuation date May 27, 2027, and maturity June 1, 2027.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Freeport-McMoRan Inc. The preliminary pricing supplement dated May 28, 2026 sets a trade date of May 28, 2026, expected settlement on June 1, 2026, a final valuation date of May 30, 2029, and maturity on June 1, 2029.
The Notes pay periodic contingent coupons only if the underlying closing level meets or exceeds a coupon barrier on observation dates; they are automatically called early if the underlying equals 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, with the potential for partial or total loss of principal. The examples show a $10 principal, a hypothetical 20.05% contingent coupon rate (contingent coupon $0.5013 per $10 note) and a downside threshold of $70.00 (70% of the initial level). The estimated initial value is between $9.33 and $9.58 per Note. Payments are subject to the creditworthiness of UBS and the final terms will be set on the trade date.
UBS AG priced a preliminary pricing supplement for Airbag Autocallable Yield Notes linked to the common stock of NVIDIA Corporation due on or about December 1, 2026. The notes pay a coupon on each coupon payment date unless the notes are automatically called following an observation date. If automatically called, holders receive principal plus coupon on the related coupon payment date. If not called, maturity payment depends on the final level versus the conversion level: either cash principal plus coupon or delivery of shares (the share delivery amount), which can result in a loss of some or all principal. Trade date and settlement are May 28, 2026 and June 1, 2026. The document discloses an illustrative principal amount per note of $1,000, an illustrative coupon example of 11.86% per annum (approximately $29.65 quarterly), and an estimated initial value range of $959.60 to $984.60. Payments and deliveries are subject to UBS creditworthiness. The final terms, including conversion level and exact coupon, will be set on the trade date.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Vistra Corp. The preliminary pricing supplement dated May 28, 2026 sets a trade date of May 28, 2026, expected settlement on June 1, 2026, a final valuation date of May 30, 2029, and a maturity date of June 1, 2029.
The Notes pay periodic contingent coupons only if the underlying closing level meets or exceeds a coupon barrier on observation dates and are subject to an automatic call if the underlying equals or exceeds the initial level on any quarterly observation date (beginning after six months). If not called and the final level is below the downside threshold, principal repayment is reduced pro rata and could result in a full loss of principal. The Notes have a principal amount of $10 per Note and an estimated initial value range of $9.33 to $9.58 on the trade date as calculated by UBS’ internal models.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of GE Vernova Inc., due December 1, 2027. The Notes pay a contingent coupon on each coupon payment date only if the underlying closing level on the applicable observation date meets or exceeds the coupon barrier; otherwise no coupon is paid. The Notes are automatically called early if the underlying closing level on any quarterly observation date (beginning after six months) is >= the initial level, in which case investors receive principal plus any contingent coupon due on the call settlement date. If not called, principal repayment at maturity is contingent: if the final level is >= the downside threshold you receive the $10 principal per Note; if the final level is below the downside threshold you receive $10 x (1 + underlying return), which can result in a substantial loss or a total loss of principal. Trade date is May 28, 2026, settlement is June 1, 2026, final valuation date is November 29, 2027, and maturity is December 1, 2027. Minimum purchase is 100 Notes at $10 per Note. The estimated initial value on the trade date is $9.71. All payments, including any principal repayment, are subject to the credit risk of UBS.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Constellation Energy Corporation due June 1, 2027. The Notes pay periodic contingent coupons only if the underlying closing level on an observation date is equal to or above a stated coupon barrier and will be automatically called early if the underlying closes at or above the initial level on any observation date prior to the final valuation date. If not called, principal repayment at maturity is contingent: full principal is returned only if the final level is equal to or above the downside threshold; if the final level is below that threshold the principal repayment declines in proportion to the underlying return, and an investor could lose a significant portion or all of their investment. The Notes have a principal amount of $10 per Note, an estimated initial value of $9.73 as of the trade date, and key dates with a trade date of May 28, 2026, settlement on June 1, 2026, final valuation on May 27, 2027, and maturity on June 1, 2027.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Eli Lilly and Company due on or about June 1, 2027. The Notes pay a contingent coupon only if the underlying stock's closing level on an observation date is at or above a coupon barrier and are subject to automatic early call if the underlying equals or exceeds the initial level on an observation date. If not called and the final level is below the downside threshold, principal repayment at maturity may be reduced and could result in a loss of all invested principal. Principal amount per Note is $10. Trade date is May 28, 2026 with expected settlement June 1, 2026. The estimated initial value range at trade date is between $9.47 and $9.72 per Note. Any payments are subject to the creditworthiness of UBS.
The issuer UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Palantir Technologies Inc. The Notes mature on June 1, 2028 with a final valuation date of May 30, 2028. The Notes pay periodic contingent coupons only if the underlying closing level on an observation date is at or above a stated coupon barrier, and will be automatically called early if on any prior observation date the underlying closes at or above the initial level, in which case holders receive principal plus any contingent coupon due. If not called and the final level is below the downside threshold, principal repayment at maturity will be reduced in proportion to the underlying return, which could result in substantial loss or total loss of principal. All payments, including contingent coupons and any repayment of principal, are subject to the creditworthiness of UBS AG. Trade date is May 28, 2026 with expected settlement on June 1, 2026. The Notes are offered in minimum blocks of 100 Notes at $10 per Note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Constellation Energy Corporation, maturing December 1, 2027. The Notes pay a contingent coupon only when the underlying stock's closing level on an observation date meets or exceeds the coupon barrier; otherwise no coupon is paid.
If the Notes are automatically called (quarterly observations begin after six months) UBS will pay principal plus any contingent coupon on the related call settlement date. If not called, repayment at maturity depends on the final level relative to the downside threshold: if final level < downside threshold, repayment may be less than principal and could result in loss of part or all of the investment. Payments depend on UBS creditworthiness. Estimated initial value was $9.70 per $10 Note; minimum purchase is 100 Notes.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of GE Vernova Inc., maturing on or about December 1, 2027. The notes pay a contingent coupon only if the underlying stock closes at or above the coupon barrier on observation dates and are subject to automatic quarterly calls beginning after six months if the underlying closes at or above the initial level.
The notes are offered in minimum increments of 100 notes at $10 per note (principal amount $10). Trade date is May 28, 2026, settlement is expected June 1, 2026. The preliminary estimated initial value range is $9.41–$9.66 per note. Payments, including any principal repayment at maturity, depend on both the performance of the underlying stock relative to the downside threshold and UBS’s creditworthiness.