UBS AG SEC Filings

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Baidu, Inc. American depositary receipts (ADRs). The Notes have an approximate one‑year term with trade date May 26, 2026, settlement May 28, 2026, final valuation date May 26, 2027 and maturity May 28, 2027.

The Notes pay a contingent coupon only if the underlying closing level on an observation date meets or exceeds the coupon barrier; otherwise no coupon is paid. The Notes will be automatically called early if the underlying closes at or above the initial level on any observation date, in which case holders receive principal plus any contingent coupon then due. If not called, principal repayment at maturity is contingent: if the final level is at or above the downside threshold the principal is paid in cash; if below the downside threshold repayment is reduced in proportion to the underlying return, potentially causing substantial loss or total loss of principal. The minimum investment is 100 Notes ($1,000) and the estimated initial value on the trade date is $9.80. All payments remain subject to the creditworthiness of UBS AG.

UBS AG priced a preliminary pricing supplement for Trigger Autocallable Contingent Yield Notes linked to the common stock of DexCom, Inc. The Notes have a $10 principal amount per Note, trade date May 26, 2026, expected settlement May 28, 2026, final valuation date May 24, 2029 and maturity May 29, 2029.

The Notes pay periodic contingent coupons only if the underlying closing level on an observation date meets or exceeds a coupon barrier; they are autocallable quarterly (beginning ~6 months) if the underlying closes at or above the initial level. If not autocalled and the final level is below the downside threshold, principal repayment is reduced pro rata to the underlying return and you could lose a significant portion or all of your investment. Estimated initial value as of the trade date is shown as between $9.37 and $9.62 per Note. All payments are subject to UBS credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of General Electric Company due on or about May 29, 2029. The Notes pay contingent coupons only when the underlying closing level on observation dates equals or exceeds a coupon barrier and are subject to an automatic call if the underlying closes at or above the initial level on any quarterly observation date beginning after six months. If not called, principal repayment at maturity is contingent on the final level relative to a downside threshold; if the final level is below that threshold the cash payment per Note will be reduced and could result in the loss of a significant portion or all of your investment. The Notes have a principal amount of $10 per Note, a hypothetical contingent coupon rate of 10.39% per annum (contingent coupon $0.2598 per $10 Note), an example downside threshold and coupon barrier of $65.00 (65.00% of the initial level), an estimated initial value range of $9.38 to $9.63, and key dates including trade date May 26, 2026, settlement date May 28, 2026, final valuation date May 24, 2029 and maturity May 29, 2029. Minimum purchase is 100 Notes (representing $1,000). Any payments, including repayment of principal, are subject to UBS's creditworthiness.

UBS AG priced a preliminary offering of Trigger Autocallable Contingent Yield Notes linked to the American depositary receipts of Baidu, Inc. The Notes mature on May 28, 2027 with a trade date of May 26, 2026 and settlement on May 28, 2026. The Notes pay periodic contingent coupons only if the underlying ADR closing level meets or exceeds a coupon barrier on observation dates and are automatically callable if the underlying closes at or above the initial level on any observation date prior to the final valuation date. At maturity, if not called, principal is repaid in full only if the final level is at or above a downside threshold; if the final level is below that threshold, principal is reduced proportionally to the underlying return, which can result in significant loss, including total loss. Minimum investment is 100 Notes at $10 per Note. The estimated initial value range on the trade date is between $9.47 and $9.72. Any payment on the Notes depends on UBS creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of MGM Resorts International maturing May 29, 2029. The Notes pay a contingent coupon only if the underlying closes at or above the 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 and the final level is below the downside threshold, principal repayment at maturity is contingent and may be reduced pro rata to the underlying return, potentially causing a significant loss or total loss of principal. Trade date is May 26, 2026 with expected settlement May 28, 2026. Minimum purchase is 100 Notes at $10 per Note; the estimated initial value on the trade date was $9.68. Payments remain subject to UBS creditworthiness and observation-date and market-disruption provisions.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Pinduoduo Inc. ADRs due May 28, 2027. Each Note has a $10 principal and may pay contingent coupons only if observed closing levels meet the coupon barrier; early automatic calls occur if the underlying meets or exceeds the initial level on an observation date. If not called, principal repayment at maturity is contingent: full principal is returned only if the final level is at or above the downside threshold; otherwise repayment is reduced pro rata to the underlying return, potentially resulting in a total loss. Trade and settlement dates are May 26, 2026 and May 28, 2026. The estimated initial value was $9.75 per Note. The Notes are unsecured obligations of UBS and repayment is subject to UBS credit risk. The offering minimum is 100 Notes (representing a $1,000 minimum investment).

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of MGM Resorts International, with final terms to be set on the trade date and the pricing supplement marked Preliminary and Subject to Completion. The Notes pay contingent coupons only if observation-date closing levels meet the coupon barrier, feature an automatic call if the underlying closes at or above the initial level on an observation date, and repay principal at maturity only if the final level is at or above the downside threshold; otherwise principal repayment at maturity declines in direct proportion to the underlying return. Trade and settlement are expected on May 26, 2026 and May 28, 2026, respectively, with a final valuation date of May 24, 2029 and maturity on May 29, 2029. The offering has a minimum investment of 100 Notes ($1,000), an estimated initial value range of $9.33 to $9.58 per $10 Note (UBS internal models), and material credit risk tied to UBS; purchasers may lose a significant portion or all of their investment.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to American depositary receipts of Pinduoduo Inc. The Notes pay a periodic contingent coupon only if the underlying ADR meets a coupon barrier on observation dates and may be automatically called early if the ADR meets or exceeds the initial level. At maturity, principal is repaid in full only if the final ADR level is at or above the disclosed downside threshold; otherwise repayment is reduced pro rata to the ADR decline. Trade date and final terms are set on the trade date; settlement is expected two business days later. The Notes are unsecured obligations of UBS and repayment is subject to UBS credit risk. The preliminary pricing supplement shows a principal amount of $10 per Note, an estimated initial value between $9.43 and $9.68, and illustrative contingent coupon metrics in examples.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Occidental Petroleum Corporation common stock due November 29, 2027. The Notes pay a contingent coupon on each coupon payment date only if the underlying closing level on the related observation date is at or above the coupon barrier. The Notes are automatically called early if the underlying closing level on any observation date prior to the final valuation date is at or above the initial level, in which case UBS pays principal plus any contingent coupon on the call settlement date and the Notes terminate. If not called, repayment at maturity is contingent: if the final level is at or above the downside threshold, UBS returns principal; if the final level is below that threshold, the cash payment may be reduced in proportion to the underlying return, and investors could lose a significant portion or all of their investment. All payments are subject to UBS credit risk. Key dates include trade date May 26, 2026, settlement May 28, 2026, final valuation date November 24, 2027, and maturity November 29, 2027. The estimated initial value as of the trade date is $9.77 per $10 Note.