UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Ovintiv Inc., maturing May 30, 2028. The notes pay a contingent coupon only when the underlying closing level on an observation date meets or exceeds a coupon barrier; otherwise no coupon is paid. The notes are automatically called on any quarterly observation date (beginning ~6 months after trade) if the closing level is at or above the initial level, in which case UBS pays principal plus any contingent coupon due on the call settlement 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 proportionally to the underlying return and investors could lose a substantial amount, including all principal. Payments depend on UBS creditworthiness. Trade date is May 27, 2026, settlement expected May 29, 2026. Final valuation date is May 25, 2028 and maturity is May 30, 2028. The estimated initial value on the trade date was $9.67 per $10 note. Minimum purchase is 100 notes at $10 per note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Advanced Micro Devices, Inc. (preliminary pricing supplement dated May 27, 2026). The Notes mature on June 1, 2027 with a final valuation date of May 27, 2027 and may be automatically called early if the underlying meets the initial-level trigger on an observation date. The offering has a minimum investment of 100 Notes at $10 per Note (a $1,000 minimum). Example terms show a hypothetical contingent coupon rate of 21.20% per annum (contingent coupon $0.53 per $10 Note), an estimated initial value range of $9.48 to $9.73, and a downside threshold of $50.00 (50.00% of the initial level). Payments, including any contingent coupons or principal at maturity, are subject to the creditworthiness of UBS; if UBS defaults you could lose some or all of your investment. The final terms will be set on the trade date and the document is preliminary, subject to delivery of final Offering Documents.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Dell Technologies Inc. The preliminary pricing supplement dated May 27, 2026 sets a trade date of May 27, 2026, settlement on May 29, 2026, a final valuation date of May 25, 2028, and a maturity date of May 30, 2028.
The notes pay periodic contingent coupons only if the underlying closing level on an observation date meets or exceeds the coupon barrier; they are automatically called if the underlying closing level on any observation date prior to maturity is equal to or above the initial level. If not called, repayment at maturity is contingent: if the final level is below the downside threshold the cash payment per $10 note will be reduced proportionally to the underlying return, potentially resulting in substantial loss or complete loss of principal. The offering is subject to UBS credit risk. Example terms show a principal amount of $10, a hypothetical contingent coupon rate of 24.05% per annum (contingent coupon of $0.6013 per $10 note), a downside threshold of $55.00 (55.00% of the initial level), and an estimated initial value range of $9.42–$9.67. Minimum investment is 100 notes ($1,000).
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Ovintiv Inc. The preliminary pricing supplement dated May 27, 2026 sets key trade terms: trade date May 27, 2026, settlement date May 29, 2026, final valuation date May 25, 2028 and maturity date May 30, 2028. The Notes pay periodic contingent coupons only if the underlying stock closes at or above the coupon barrier on observation dates and are automatically called if the underlying closes at or above the initial level on any quarterly observation date after six months.
If the Notes are not called, repayment at maturity is contingent: if the final level is at or above the downside threshold, UBS pays the principal amount; if below, the cash payment can be less than principal and may reflect the percentage decline in the underlying, potentially resulting in a total loss. The Notes are unsecured obligations of UBS and all payments are subject to the creditworthiness of UBS. The minimum investment is 100 Notes at $10 per Note; the estimated initial value range on the trade date is $9.36 to $9.61.
UBS AG priced a preliminary offering for $Trigger Autocallable Contingent Yield Notes linked to the common stock of Oracle Corporation, with final terms to be set on the trade date. The Notes have an expected trade date of May 27, 2026, expected settlement on May 29, 2026, a final valuation date of May 24, 2029 and a maturity date of May 29, 2029.
The Notes pay a contingent coupon only if the underlying closing level meets or exceeds the coupon barrier on each observation date, feature a quarterly automatic call after approximately 12 months if the underlying is at or above the initial level, and provide contingent principal protection at maturity only if the final level is at or above the disclosed downside threshold. The offering discloses a hypothetical contingent coupon rate of 19.31% per annum and an illustrative contingent coupon of $0.4828 per $10 Note; estimated initial value range is $9.31 to $9.56. The Notes are unsecured obligations of UBS and any payment is subject to UBS credit risk.
UBS AG is offering Airbag Autocallable Yield Notes linked to the American depositary receipts of Alibaba Group Holding Limited with a final valuation date of May 27, 2027 and maturity on June 1, 2027. The Notes pay a coupon on each coupon payment date unless automatically called following an observation date when the underlying ADR closing level is equal to or greater than the initial level.
If not automatically called, repayment at maturity depends on the final level versus a conversion level: UBS will repay principal if the final level is at or above the conversion level; otherwise investors receive a calculated share delivery amount (or cash in lieu of fractional shares), which may be worth less than principal, producing losses. Payments are unsecured and subject to UBS credit risk. The estimated initial value on the trade date was $980.10.
UBS AG offers $750,000 Trigger Autocallable Contingent Yield Notes linked to the common stock of United Parcel Service, Inc. The Notes have a principal amount of $10 per Note, an estimated initial value of $9.73 per Note, a contingent coupon structure and an automatic call feature.
If the underlying closing level meets the coupon barrier on an observation date, a contingent coupon is paid; if the underlying equals or exceeds the initial level on any quarterly observation (beginning after six months), the Notes will be automatically called and you receive principal plus any contingent coupon. If not called, principal repayment at maturity is contingent on the final level relative to a downside threshold of $70.00 (70.00% of the initial level); a final level below that threshold exposes holders to the underlying’s full downside, including potential loss of the entire principal. All payments are subject to UBS’s credit risk. Key dates: trade date May 27, 2026, settlement May 29, 2026, final valuation date May 25, 2028, maturity May 30, 2028.
UBS AG offers Trigger Yield Notes linked to Corning Incorporated common stock due November 30, 2026. The Notes pay a monthly coupon and provide contingent repayment of principal at maturity only if the final level of the underlying stock is equal to or above a downside threshold. If the final level is below the downside threshold, principal repayment is reduced pro rata to the underlying return, and investors can lose a significant portion or all of their investment. Payments, including principal, are subject to UBS credit risk. Trade date is May 27, 2026; settlement is May 29, 2026; final valuation date is November 25, 2026. The estimated initial value per Note on the trade date is $9.74. Minimum purchase is 100 Notes at $10 per Note.
UBS AG priced a preliminary prospectus supplement for Trigger Autocallable Contingent Yield Notes linked to the common stock of United Parcel Service, Inc. The Notes have a trade date of May 27, 2026, expected settlement on May 29, 2026, a final valuation date of May 25, 2028, and a maturity date of May 30, 2028. The Notes pay a periodic contingent coupon only if the underlying closing level meets a coupon barrier on observation dates and are subject to an automatic call on quarterly observation dates beginning after six months if the underlying meets or exceeds the initial level. Principal is repaid at maturity only if the final level is equal to or above a disclosed downside threshold; if the final level is below that threshold, repayment is reduced pro rata to the underlying return and investors could lose a substantial portion or all principal. The Notes are unsecured obligations of UBS and any payment is subject to UBS credit risk. The estimated initial value range on the trade date is between $9.36 and $9.61 per $10 Note.
UBS AG intends to offer Airbag Autocallable Yield Notes linked to the American depositary receipts of Alibaba Group Holding Limited. The trade date is May 27, 2026, settlement is May 29, 2026, final valuation date is May 27, 2027, and expected maturity is June 1, 2027.
The Notes pay a coupon on each coupon payment date unless they are automatically called. An automatic call occurs if the underlying's closing level on an observation date is equal to or greater than the initial level; in that case UBS pays principal plus the coupon and no further payments follow. If not called, principal is repaid at maturity only if the final level is at or above the conversion level; otherwise UBS will deliver a share delivery amount (shares of the underlying, with cash for fractional shares), which may be worth less than principal.
The principal amount per Note is $1,000. The preliminary estimated initial value range is $953.20 to $978.20. Payments and deliveries are subject to UBS's creditworthiness and investors may lose some or all of their initial investment.