UBS AG SEC Filings

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the least performing of the VanEck® Gold Miners ETF (GDX) and the Nasdaq-100® Technology Sector (NDXT). The Notes pay a contingent coupon on monthly observation dates if both underlyings meet coupon barriers, are callable monthly (beginning ~6 months), and mature on June 1, 2029. If not called, principal repayment at maturity is contingent: full principal is returned only if each final level meets downside thresholds; otherwise, repayment reflects the negative return of the least performing underlying, potentially resulting in a substantial or total loss. Issue price per Note is $1,000; estimated initial value range is $925.10–$955.10. The Notes are unsecured obligations of UBS and subject to UBS credit and other risks described herein.

UBS AG is offering Digital MSCI EAFE® Index‑Linked medium‑term notes due June 9, 2028. Each note has a $1,000 face amount and the aggregate offered face amount is $485,000. Payout is cash‑settled based on the MSCI EAFE index performance from the trade date (May 19, 2026) to the determination date (June 7, 2028).

If the final index level is ≥ the buffer level (87.50% of the initial level of 3,027.11 = 2,648.72125), holders receive the maximum settlement amount of $1,179.50 per $1,000 face amount. If the final index level is below the buffer, losses apply: holders lose ~1.1429% of face for each 1% decline in the index below the buffer and may lose their entire investment. The notes do not pay interest, are unsecured obligations of UBS and carry issuer credit risk. The estimated initial value on the trade date was $994.90 per $1,000 face amount.

UBS AG offers Trigger Callable Contingent Yield Notes due May 24, 2029 linked to the least performing of the iShares Expanded Tech-Software Sector ETF (IGV) and the SPDR S&P Biotech ETF (XBI). The issue totals $2,846,000 at $1,000 per Note and pays a contingent coupon of 16.00% per annum on each coupon date only if both ETFs are at or above their coupon barriers on the related observation dates. UBS may call the Notes beginning after three months. At maturity, if any ETF is below its downside threshold, principal repayment is reduced pro rata based on the least performing underlying asset; investors could lose a significant portion or all of their principal. Payments remain subject to UBS credit risk.

UBS AG offers preliminary pricing for Trigger Callable Contingent Yield Notes linked to the least performing of the Dow Jones Industrial Average, the S&P 500 and the Nasdaq-100 with an expected maturity on or about June 1, 2027. The notes pay a contingent coupon only when each underlying closing level meets its coupon barrier on an observation date and are callable at UBS's discretion on monthly observation dates beginning after three months. If not called, principal repayment at maturity depends on the final levels relative to 70.00% downside thresholds; a final level below a threshold for any underlying can cause a principal loss tied to the least performing underlying asset. The issue price is $1,000 per note; UBS discloses an estimated initial value range of $960.60 to $990.60 as of the trade date and per-note proceeds to UBS of at least $992.75. The notes are unsecured obligations of UBS and are not FDIC insured.

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 Dow Jones Industrial Average, due on or about June 1, 2029. The notes pay a contingent coupon only if each underlying asset meets its coupon barrier on an observation date; otherwise no coupon is paid. UBS may call the notes monthly beginning after six months; if not called and any final level is below its downside threshold, principal may be reduced based on the decline of the least performing underlying asset. The illustrative contingent coupon rate is 13.45% per annum, principal amount per note is $1,000.00, underwriting discount is $7.50 per note, and the estimated initial value range is $957.20 to $987.20. Key structural risks include potential loss of principal, issuer credit risk, limited liquidity, potential conflicts of interest, and use of UBS internal pricing models and funding rates.

UBS AG is offering Trigger Autocallable Yield Notes linked to the common stock of Qualcomm (QCOM). Each Note has a $1,000 principal amount and pays a quarterly coupon; the indicated coupon rate is 10.65% per annum. The Notes are callable quarterly beginning after approximately 12 months; the first potential call settlement date is June 2, 2027. If a call condition is met on an observation date, UBS will repay principal plus the coupon on the corresponding coupon payment date. If not called and the final level at maturity is below the downside threshold (set at 50.00% of the initial level), principal repayment will be reduced pro rata to the underlying return; in extreme cases investors could lose all principal. Maturity is on or about May 31, 2030. The issue price per Note is $1,000; the estimated initial value range on the trade date is stated as $930.50 to $960.50. Payments remain subject to UBS’s creditworthiness.

UBS AG is offering Trigger Callable Contingent Yield Notes due May 24, 2029 linked to the least performing of the S&P 500®, Russell 2000® and EURO STOXX 50® indices. Each Note pays a contingent coupon of 12.50% per annum only if every underlying asset meets its coupon barrier on an observation date. UBS may call the Notes early in whole on any observation date; if not called, repayment at maturity depends on whether each index is at or above its 70.00% downside threshold. If any final level is below its downside threshold, the cash payment at maturity will decline in proportion to the worst‑performing index and could result in the loss of a significant portion or all of principal. The issue price totals $555,000 (or $1,000 per Note); proceeds to UBS are $995.00 per Note. The estimated initial value per Note as of the trade date is $991.30. Investing involves significant market, issuer credit and liquidity risks; secondary market trading may be limited and payments depend on UBS' creditworthiness.

UBS AG London Branch is offering Capped Leveraged Buffered Basket-Linked Medium-Term Notes linked to an unequally-weighted basket of five indices. The notes mature on July 9, 2027 with a trade date of May 19, 2026 and do not bear interest.

The notes provide 200.00% upside participation in positive basket returns subject to a cap: a maximum settlement amount of $1,157.00 per $1,000 face amount (cap level = 107.85% of initial basket level). They include a 10.00% buffer (buffer level = 90.00% of initial), below which losses are magnified at approximately 111.11% per 1% below the buffer. Issue price is 100.00% of face amount; estimated initial value is $986.20 per $1,000. The notes are unsecured obligations of UBS and subject to UBS credit risk.

UBS AG is offering $1,005,000 of Trigger Autocallable Contingent Yield Notes with Memory Interest linked to the common stock of United Airlines Holdings, Inc. The Notes pay a 17.00% per annum contingent coupon if observation-date barriers are met and may be auto-called; principal repayment at maturity is contingent on the final level relative to a 60.00% downside threshold.

The term is approximately 18 months with trade date May 20, 2026, settlement May 22, 2026, quarterly observation dates and maturity on November 24, 2027. Payments and any principal are subject to the creditworthiness of UBS and to the Notes' terms, including market disruption and adjustment provisions.