UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Lyft, Inc. The Notes pay contingent coupons only when the underlying closing level meets the coupon barrier on observation dates and are subject to automatic early call if the underlying equals or exceeds the initial level on a quarterly observation date. At maturity, if not called, principal repayment depends on the final level relative to the downside threshold; if the final level is below that threshold, investors suffer a loss equal to the underlying return and could lose all principal. Payments (coupons or principal) are subject to UBS credit risk. Trade date is May 28, 2026, settlement June 1, 2026, final valuation May 27, 2027, and maturity June 1, 2027. The Notes are offered in minimum increments of 100 Notes at $10 per Note; the estimated initial value was $9.74 as of the trade date.
The issuer UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of The Home Depot, Inc., due on or about June 1, 2028. The trade date is May 28, 2026 with settlement on June 1, 2026 and a final valuation date of May 30, 2028. The Notes pay periodic contingent coupons only if the underlying closing level meets or exceeds a coupon barrier on observation dates and will be automatically called early if the underlying closes at or above the initial level on any interim observation date. The Notes are principal‑at‑risk at maturity if not called: the filing shows a downside threshold equal to 75.00% of the initial level, and examples include a contingent coupon rate of 11.30% per annum. Minimum investment is 100 Notes at $10 per Note. The estimated initial value range is stated as $9.43 to $9.68. All payments are subject to UBS creditworthiness; investors may lose a significant portion or all of their investment.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Lyft, Inc. The preliminary pricing supplement dated May 28, 2026 sets Trade Date May 28, 2026, Settlement Date June 1, 2026, Final Valuation Date May 27, 2027 and Maturity Date June 1, 2027.
The Notes pay periodic contingent coupons only if the underlying closes at or above a coupon barrier on observation dates, and are automatically called if the underlying equals or exceeds the initial level on a quarterly observation date beginning after six months. If not called, principal repayment at maturity is contingent: full principal is paid only if the final level is at or above a downside threshold (example: $70.00, or 70% of initial level); otherwise investors suffer a loss equal to the underlying return and could lose their entire investment. Estimated initial value range is $9.42–$9.67 per $10 Note; an example contingent coupon rate shown is 28.00% per annum (equivalent to $0.70 per $10 Note per coupon in the hypothetical). All payments remain subject to UBS credit risk.
UBS AG priced Trigger Autocallable Contingent Yield Notes linked to the VanEck® Gold Miners ETF due June 1, 2028. The Notes pay periodic contingent coupons only if the underlying closes at or above a coupon barrier on observation dates 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 is repaid at maturity only if the final level is at or above the downside threshold; if the final level is below that threshold, repayment at maturity is reduced in proportion to the underlying return and investors could lose all principal. The Notes have a $10 principal per Note, a stated estimated initial value of $9.65 as of the trade date, and key dates including trade date May 28, 2026, settlement June 1, 2026, final valuation date May 30, 2028 and maturity June 1, 2028. Any payments depend on UBS’s creditworthiness.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the VanEck® Gold Miners ETF with a trade date of May 28, 2026, expected settlement on June 1, 2026, final valuation on May 30, 2028, and maturity on June 1, 2028. The Notes pay periodic contingent coupons 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 before the final valuation date is at or above the initial level; an automatic call results in a cash payment of principal plus any contingent coupon on the related call settlement date. If not called, principal repayment at maturity is contingent: full principal is paid if the final level is at or above the downside threshold (example shown: $70.00, 70.00% of initial level); if the final level is below that threshold, repayment is reduced proportionally and investors can lose a significant portion or all of their investment.
The offering has a minimum investment of $1,000 (100 Notes at $10 each), an estimated initial value range of $9.35 to $9.60 per Note, and a hypothetical contingent coupon rate of 14.73% per annum used in illustrative examples. Any payments depend on UBS's creditworthiness.
UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Alcoa Corporation common stock. The Notes pay periodic contingent coupons only if the underlying closes at or above a coupon barrier on observation dates and may 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 and the final level is below the downside threshold, repayment at maturity is reduced pro rata to the underlying return; extreme declines could result in a total loss of principal. Key dates: Trade Date: May 28, 2026, Settlement Date: June 1, 2026, Final Valuation Date: May 30, 2028, Maturity Date: June 1, 2028. The Notes have an estimated initial value of $9.62 per $10 Note and a minimum investment of 100 Notes ($1,000).
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Broadcom Inc. stock due June 1, 2029. Each Note has a $10 principal amount and may pay periodic contingent coupons only if the underlying stock closes at or above the coupon barrier on observation dates. The Notes will be automatically called early if the underlying stock closes at or above the initial level on any observation date prior to the final valuation date; in that case investors receive principal plus any contingent coupon then due. If not called and the final level is below the downside threshold, principal repayment at maturity is reduced proportionally to the underlying return, possibly resulting in a total loss. The estimated initial value on the trade date is $9.65. Payments, including principal, are subject to UBS credit risk.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Lam Research common stock due June 1, 2028. The notes pay a contingent coupon on each coupon payment date only if the underlying closes at or above the coupon barrier on the applicable observation date; otherwise no coupon is paid.
The notes are subject to an automatic call if the underlying closes at or above the initial level on any observation date before the final valuation date, in which case UBS pays principal plus any contingent coupon on the call settlement date and the notes terminate. If not called, principal repayment at maturity is contingent: if the final level is below the downside threshold you receive $10 x (1 + Underlying Return) and could lose a substantial portion or all principal. Trade date is May 28, 2026, settlement June 1, 2026, final valuation date May 30, 2028, maturity June 1, 2028. Estimated initial value as of the trade date is $9.75 and minimum investment is 100 Notes ($1,000).
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Alcoa Corporation, with a trade date of May 28, 2026, expected settlement on June 1, 2026 and maturity on June 1, 2028. Each Note has a principal amount of $10 and a minimum investment of 100 Notes ($1,000).
The Notes pay contingent coupons only when the underlying closing level meets or exceeds the coupon barrier on observation dates, feature an automatic call if the underlying closes at or above the initial level on an observation date, and provide contingent principal protection at maturity only if the final level is at or above the downside threshold. Estimated initial value is shown as $9.24 - $9.49 per Note; payments remain subject to UBS credit risk.
UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of Broadcom Inc. with 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 a contingent coupon only when the underlying meets or exceeds a coupon barrier on observation dates and are automatically called if the underlying meets or exceeds the initial level on any observation date prior to maturity. If not called, principal repayment at maturity is contingent: full principal is paid only if the final level is at or above the disclosed downside threshold; otherwise repayment falls in proportion to the underlying return and you could lose all of your investment. The Notes are unsecured obligations of UBS and any payment is subject to UBS's creditworthiness. The offering is preliminary; final terms will be set on the trade date and the Notes are available in minimum increments of 100 Notes at $10 per Note.