UBS AG SEC Filings

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of NVIDIA Corporation, with a trade date of May 21, 2026, expected settlement on May 26, 2026 and maturity on May 26, 2027. The Notes pay a contingent coupon only when the underlying closing level meets or exceeds a coupon barrier on observation dates and carry an automatic call if the underlying closes at or above the initial level on an observation date prior to maturity. Principal is repaid at maturity only if the final level is at or above a disclosed downside threshold; if below, repayment declines proportionally to the underlying return, potentially resulting in a total loss of principal. The Notes have a principal amount of $10 per Note, a minimum investment of 100 Notes ($1,000), and an estimated initial value range of $9.45 to $9.70 per Note as of the trade date. The examples show a hypothetical contingent coupon rate of 19.90% per annum (contingent coupon $0.4975 per $10 Note) and illustrate payoff scenarios, including a severe-loss example paying $3.00 per Note at maturity. Payments are subject to the creditworthiness of UBS and the final terms will be set on the trade date.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Palantir Technologies Inc. due on or about May 26, 2028. The Notes pay contingent periodic coupons only if the underlying stock meets coupon barriers on observation dates and can be automatically called early if the underlying meets the initial level on an observation date. The Notes repay principal at maturity only if the final level is at or above a stated downside threshold; if the final level is below that threshold, principal will be reduced pro rata to the underlying return, potentially eliminating the investment.

The trade date is May 21, 2026 with expected settlement on May 26, 2026. Minimum investment is 100 Notes at $10 per Note. UBS estimates the initial value range at $9.42 to $9.67. Example terms shown include a hypothetical contingent coupon rate of 17.58% per annum and a downside threshold at 60.00% of the initial level.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to ServiceNow, Inc. stock due on or about May 29, 2029. The notes pay a contingent coupon only if the underlying closing level meets the coupon barrier on observation dates and are automatically called if the underlying closes at or above the initial level on any quarterly observation (beginning after 12 months).

The notes have a $10 principal amount per note, a trade date of May 21, 2026, expected settlement on May 26, 2026, a final valuation date of May 24, 2029, and maturity on May 29, 2029. Example terms show a hypothetical contingent coupon rate of 17.80% per annum (contingent coupon $0.445 per period) and a downside threshold and coupon barrier at $50.00 (50.00% of the initial level). The estimated initial value range is $9.40 to $9.65 per note and minimum investment is 100 notes (representing $1,000). Payments, including principal repayment, are subject to UBS's creditworthiness and the contingent repayment of principal applies only at maturity.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Royal Caribbean Cruises Ltd. The Notes pay a contingent coupon only if the underlying stock closes at or above the coupon barrier on observation dates; they are automatically called if the underlying closes at or above the initial level on any observation date prior to the final valuation date.

The Notes mature on May 26, 2028 with a final valuation date of May 24, 2028. Principal is subject to contingent repayment: if the Notes are not called and the final level is below the downside threshold, holders receive $10 × (1 + Underlying Return), potentially losing a substantial portion or all principal. The offering specifies a minimum investment of 100 Notes at $10 per Note and an estimated initial value of $9.75 as of the trade date.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Fluor Corporation with a $10 principal per Note and maturity of May 26, 2028. The Notes can pay periodic contingent coupons only if the underlying stock meets 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. If not called, repayment at maturity depends on the final level relative to a downside threshold; a final level below that threshold can produce a principal loss, potentially up to a complete loss of invested principal. Payments, including principal, are subject to UBS credit risk. The estimated initial value was $9.68 and the Notes are offered in minimum denominations of 100 Notes ($1,000). Trade and settlement dates are May 21, 2026 and May 26, 2026, respectively.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Royal Caribbean Cruises Ltd. The preliminary pricing supplement dated May 21, 2026 sets a $10 principal per Note, a trade date of May 21, 2026, expected settlement on May 26, 2026, a final valuation date of May 24, 2028 and maturity on May 26, 2028.

The Notes may pay periodic contingent coupons 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 an observation date. If not called, principal repayment at maturity is contingent on the final level relative to the downside threshold; a final level below the downside threshold exposes investors to the underlying’s negative return and possible loss of principal. Payments are subject to UBS credit risk. The final terms and issuance depend on the trade date pricing supplement delivered in final form.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Fluor Corporation, with a trade date of May 21, 2026, expected settlement on May 26, 2026 and maturity on May 26, 2028. The Notes pay contingent coupons only if the underlying closes at or above the coupon barrier on observation dates and may be automatically called early if the underlying closes at or above the initial level on an observation date prior to the final valuation date. If not called, principal repayment at maturity is contingent: full principal is payable only if the final level is at or above the downside threshold; otherwise repayment falls below principal and can result in a loss equal to the underlying return, including a total loss. The Notes are unsecured obligations of UBS and subject to UBS credit risk. The offering is a preliminary pricing supplement; final terms, including offering size and final coupon/barrier levels, will be set on the trade date.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of CrowdStrike Holdings, Inc., due May 26, 2028. The Notes pay a periodic contingent coupon only if the underlying closing level on an observation date is at or above a stated coupon barrier, and they will be 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. If not called, principal repayment at maturity is contingent: if the final level is below the downside threshold, the cash payment per Note will be reduced proportionally to the underlying return and could result in the loss of all of your initial investment. All payments, including any principal repayment, are subject to the creditworthiness of UBS.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Generac Holdings Inc. stock. The notes mature on May 26, 2028 with a final valuation date of May 24, 2028 and a trade/settlement window beginning May 21, 2026/May 26, 2026. The notes pay periodic contingent coupons only if the underlying closing level on an observation date is at or above a stated coupon barrier; they are automatically called early if the underlying equals or exceeds the initial level on any observation date prior to maturity.

If not autocalled, principal repayment at maturity is contingent: if the final level is at or above the downside threshold you receive the $10 principal per note; if the final level is below the downside threshold, repayment equals $10 x (1 + underlying return), exposing investors to the underlying stock's negative return (in extreme cases, a total loss). Payments depend on UBS's creditworthiness. The estimated initial value on the trade date was $9.42.