UBS AG SEC Filings

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to General Motors Company stock maturing May 29, 2029. The Notes pay periodic contingent coupons only if the underlying stock meets the coupon barrier on observation dates and are automatically called if the stock reaches the initial level on any prior 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 principal is reduced in proportion to the underlying return, potentially resulting in total loss. All payments are subject to UBS creditworthiness. The Notes trade with a minimum investment of 100 Notes and had an estimated initial value of $9.65 per Note on the trade date.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of General Motors Company, with final terms set on the trade date of May 26, 2026 and an expected maturity on May 29, 2029. The Notes pay contingent coupons only when the underlying closing level meets or exceeds a coupon barrier on observation dates and will be automatically called early if the underlying equals or exceeds the initial level on any observation date prior to the final valuation date. The preliminary terms show a minimum purchase of 100 Notes ($1,000), an estimated initial value range of $9.35–$9.60 per Note, an illustrative contingent coupon rate of 8.66% per annum, and a downside threshold at 60% of the initial level. If not called and the final level is below the downside threshold, principal is contingent at maturity and investors can lose a significant portion or all principal; an illustrative adverse outcome shows a maturity payout of $3.60 per $10 Note.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Lam Research common stock due May 30, 2028. The Notes pay periodic contingent coupons only if the underlying closing level is at or above a coupon barrier on observation dates and can be automatically called early if the underlying is at or above the initial level on any observation date prior to maturity. If not called and the final level is below the downside threshold, principal repayment at maturity is contingent and may result in a loss equal to the underlying return; in extreme cases you could lose all of your investment. The Notes have a $10 principal amount per Note with an estimated initial value of $9.79 as of the trade date and trade with settlement expected on May 28, 2026.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of AMUB with final valuation on May 24, 2029 and maturity on May 29, 2029. The Notes pay a contingent coupon on scheduled coupon dates only if the underlying's closing level on the observation date is equal to or above the coupon barrier. The Notes will be automatically called early if an observation-date closing level is equal to or above the initial level, in which case holders receive principal plus any contingent coupon then due. If not called, repayment at maturity depends on the final level relative to the downside threshold: if the final level is below that threshold, holders receive an amount that reflects the underlying return and may lose a substantial portion or all of principal. Payments, including any principal repayment, are subject to UBS's creditworthiness. The Notes are offered in minimum increments of 100 Notes at $10 per Note; the estimated initial value as of the trade date is $9.64.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Microsoft Corporation due May 28, 2027. The Notes pay a contingent coupon on scheduled coupon dates only if the closing level of the underlying meets or exceeds the coupon barrier on an observation date; otherwise no coupon is paid. The Notes are automatically called early if the underlying closes at or above the initial level on any observation date prior to the final valuation date, in which case holders receive principal plus any contingent coupon due on the call settlement date. If the Notes are not called and the final level is at or above the downside threshold, UBS will repay the principal at maturity. If the final level is below the downside threshold, holders will receive a cash amount equal to $10 multiplied by (1 + underlying return), exposing investors to a percentage loss equal to the underlying return and, in extreme cases, a total loss of principal. The Notes are unsecured obligations of UBS and any payments, including principal, are subject to UBS's creditworthiness. Trade and settlement are shown as May 26, 2026 and May 28, 2026, with final valuation and maturity dates around May 26, 2027 and May 28, 2027. The estimated initial value on the trade date is $9.76. Investors should review the product supplement and prospectus for full Key Risks and suitability considerations.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Lam Research Corporation with expected Trade Date May 26, 2026, Final Valuation Date May 25, 2028 and Maturity Date May 30, 2028. The Notes pay a periodic contingent coupon only if the underlying closing level on an observation date is at or above the coupon barrier; otherwise no coupon is paid. The Notes will be automatically called early if the underlying closing level on an observation date prior to maturity is at or above the initial level, in which case holders receive principal plus any contingent coupon on the call settlement date. At maturity, if not called and the final level is below the downside threshold, principal repayment is contingent and may be reduced pro rata with the underlying return, including the possibility of total loss of principal.

The Notes are unsecured obligations of UBS and any payment is subject to UBS credit risk. The preliminary pricing supplement shows a principal amount of $10 per Note, an estimated initial value range of $9.43 to $9.68 per Note, a sample contingent coupon rate of 20.70% per annum (contingent coupon $0.5175 per $10 Note), and a downside threshold and coupon barrier illustrated at $50.00 (50.00% of the initial level) in the examples.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of "Incorporated" due on or about May 29, 2029. The notes pay a contingent coupon only if the underlying closes at or above a coupon barrier on observation dates and are automatically called early if the underlying closes at or above the initial level on any observation date prior to the final valuation date.

Key dates: trade date May 26, 2026, settlement date May 28, 2026, final valuation date May 24, 2029. Minimum investment is 100 Notes at $10 per Note ($1,000). UBS estimates the initial value per Note between $9.32 and $9.57 as of the trade date. If not called, principal repayment at maturity is contingent on the final level relative to the downside threshold; if the final level is below the downside threshold, investors suffer a loss equal to the underlying return and could lose all principal. All payments are subject to UBS's credit risk.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Microsoft Corporation with expected trade date May 26, 2026, settlement May 28, 2026, final valuation date May 26, 2027 and maturity about May 28, 2027. The Notes pay periodic contingent coupons only if the underlying closes at or above the coupon barrier on observation dates and are subject to automatic early call if the underlying closes at or above the initial level on any 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 falls proportionally with the underlying return and investors can lose a substantial portion or all principal. Payments depend on UBS creditworthiness. The estimated initial value range is between $9.48 and $9.73 per Note; denomination is $10 per Note (minimum 100 Notes).

UBS AG offers Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100® Technology Sector, the Russell 2000® Index and shares of the State Street® Energy Select Sector SPDR® ETF. The offering aggregates $1,242,000 at an issue price of $1,000 per Note with an estimated initial value of $981.70. Each Note pays a contingent coupon at 13.25% per annum only if every underlying asset is at or above its coupon barrier on an observation date. UBS may call the Notes monthly beginning after six months; if not called, principal repayment at maturity depends on the least performing underlying asset versus its downside thresholds (60% of initial levels), exposing holders to potential partial or total principal loss. Trade date: May 22, 2026; final valuation date: May 22, 2029; maturity: May 25, 2029. Payments are unsecured obligations of UBS and depend on UBS creditworthiness.