UBS AG SEC Filings

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Dow Inc. The notes pay a contingent coupon on each coupon payment date only if the underlying closing level on the applicable 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 any observation date prior to the final valuation date is equal to or greater than the initial level, in which case holders 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 at or above the downside threshold the principal is returned; if below, repayment is reduced proportionally to the underlying return and an investor could lose a significant portion or all principal. Trade date is May 22, 2026, settlement May 27, 2026, final valuation date May 25, 2028 and maturity May 30, 2028. The offering has a minimum investment of 100 Notes ($1,000); the estimated initial value per $10 Note is $9.66. Any payment is subject to UBS credit risk.

UBS AG priced a preliminary offering of Trigger Autocallable Contingent Yield Notes linked to the common stock of Dow Inc. The Notes mature on May 30, 2028 with a final valuation date of May 25, 2028. They pay contingent coupons only if the underlying meets coupon barriers on observation dates and may be automatically called early if the underlying reaches or exceeds the initial level on an observation date. If not called, principal repayment at maturity is contingent: full principal is repaid only if the final level is at or above the downside threshold; otherwise repayment equals $10 x (1 + Underlying Return), which can result in substantial principal loss. The Notes are unsecured obligations of UBS, carry issuer credit risk, are offered in minimum increments of 100 Notes at $10 per Note, and have an estimated initial value range of $9.32 to $9.57.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to NVIDIA Corporation stock. The notes pay periodic contingent coupons only if the underlying closes at or above a specified 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 maturity. If not called, principal repayment at maturity is contingent: full principal is returned if the final level is at or above the downside threshold, otherwise principal is reduced pro rata to the underlying return and investors can lose a significant portion or all of their investment. Trade date is May 22, 2026, expected settlement May 27, 2026, final valuation date May 24, 2029, and maturity May 29, 2029. The notes have a minimum purchase of 100 notes ($1,000) and an estimated initial value of $9.75 per $10 note on the trade date.

UBS AG priced a preliminary offering of Trigger Autocallable Contingent Yield Notes linked to the common stock of NVIDIA Corporation, with expected trade date May 22, 2026, settlement May 27, 2026, final valuation date May 24, 2029, and maturity May 29, 2029. The Notes pay periodic contingent coupons only when the underlying closing level meets a coupon barrier and are automatically called if the underlying closes at or above the initial level on any observation date prior to maturity.

The Notes repay principal at maturity only if the final level is at or above the downside threshold; if the final level is below that threshold, principal is reduced pro rata by the underlying return and investors could lose a significant portion or all of their investment. Payments are subject to UBS credit risk. The estimated initial value per Note is between $9.39 and $9.64, and Notes are sold at $10 per Note with a minimum purchase of 100 Notes.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100® Technology Sector, the Russell 2000® Index and the S&P 500® Index. The notes have a $1,000 principal amount per note, an 11.10% per annum contingent coupon rate (contingent coupon $9.25), monthly observation dates, quarterly call dates, a final valuation date of May 30, 2028 and maturity on or about June 2, 2028. Contingent coupons are paid only if each underlying asset meets its coupon barrier on an observation date; principal repayment at maturity is contingent on the least performing underlying asset meeting its downside threshold. The estimated initial value range is $957.90 to $987.90 per note; the issue price will exceed that estimate. The notes are unsecured obligations of UBS and subject to UBS credit risk and issuer call risk.

UBS AG priced a $6,752,000 offering of Trigger Callable Yield Notes linked to the least performing of the Nasdaq-100 Index and the Russell 2000 Index maturing August 25, 2027. The Notes pay a fixed 7.80% per annum coupon in monthly installments, are issuer-callable monthly beginning ~3 months after issuance, and repay principal at maturity only if each underlying asset is at or above a 60.00% downside threshold of its initial level. If any underlying asset finishes below its threshold, the principal repayment at maturity is reduced proportionally to the negative return of the least performing underlying asset, and investors may lose a significant portion or all of their investment. The issue price is $10.00 per Note (minimum 100 Notes) and UBS reports an estimated initial value of $9.797 per Note as of the trade date.

UBS AG offers Trigger Contingent Yield Notes with Memory Interest linked to the least performing of JPMorgan Chase, Microsoft and Oracle common stock. The offering totals $975,000 (issue price $1,000 per Note). The Notes pay a contingent coupon (15.05% per annum) on monthly observation dates only if the closing level of each underlying asset meets its coupon barrier; unpaid coupons can be paid later under the memory feature. At maturity, investors receive $1,000 per Note only if each underlying asset’s final level is at or above its downside threshold (50% of initial level); otherwise the cash payment equals $1,000 × (1 + underlying return of the least performing underlying asset), which can produce large principal losses, including total loss. Payments are unsecured obligations of UBS and depend on UBS creditworthiness. Key dates: strike May 20, 2026, trade May 21, 2026, final valuation May 21, 2029, maturity May 24, 2029.

UBS AG is offering Contingent Income Auto-Callable Securities with Memory Coupon linked to the common stock of MetLife, Inc. The securities have a stated principal amount of $1,000.00 per security, an expected pricing date of May 29, 2026, and an expected maturity of June 1, 2029. The product pays a contingent payment of $25.75 (equivalent to 10.30% per annum) on specified contingent payment dates if the closing price of MetLife common stock on a determination date is at or above the downside threshold level of 70.00% of the initial price. If the closing price on a determination date (other than the final determination date) is at or above the call threshold level of 100.00% of the initial price, the securities will be automatically redeemed early for the stated principal plus applicable contingent payments. If not redeemed and the final price is below the downside threshold, UBS will deliver a cash value calculated by the exchange ratio, exposing investors to a possible significant loss, including loss of all principal. The securities are unsecured obligations of UBS AG and subject to UBS credit risk; estimated initial value is stated between $928.70 and $958.70 on the pricing date.

UBS AG London Branch proposes capped, leveraged, buffered basket-linked medium-term notes without interest. The notes reference an unequally-weighted basket of five indices (EURO STOXX 50 40%, TOPIX 25%, FTSE 100 17%, SMI 11%, S&P/ASX 200 7%) with an initial basket level set to 100 on the trade date. The notes provide an upside participation rate of 170.00%, a buffer of 12.50% (buffer level = 87.50%), and a cap level expected between 111.90% and 114.00%. The maximum settlement amount is expected to be between $1,202.30 and $1,238.00 per $1,000 face amount. If the final basket level declines by more than the buffer, losses are approximately 1.1429% of face per 1% negative return below the buffer; you could lose your entire investment. The estimated initial value range on the trade date is $966.80 to $996.80, which is lower than the issue price. Term is expected to be between 16 and 18 months, and key terms (cap, multipliers, initial underlier levels, trade date) will be set on the trade date.