UBS AG SEC Filings

UBS AG offers Trigger Autocallable GEARS linked to an equally-weighted basket of 16 US equities with term to January 23, 2029. The securities pay no interest, have a $10 principal per Security (minimum 100 Securities), an upside gearing of 1.20, an autocall barrier of 100% of the initial basket level, a downside threshold of 75% of the initial basket level and a call return rate set in a range of 12.17%–15.17% to be fixed on the trade date. If automatically called on the observation date, holders receive the call price (principal plus the call return); otherwise maturity payment depends on the basket return, with full downside exposure if the final basket level is below the downside threshold. Payments are subject to UBS credit risk and secondary-market liquidity may be limited.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Wayfair Inc. common stock maturing May 24, 2027. The Notes pay a contingent coupon only when the underlying closing level on an observation date is at or above the coupon barrier 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 at or above the downside threshold, investors receive principal at maturity; if the final level is below the downside threshold, investors suffer a loss in principal equal to the underlying return and could lose all principal. The Notes are unsecured obligations of UBS and any payment is subject to UBS’s creditworthiness. The estimated initial value per $10 Note is $9.56. Trade date is May 20, 2026, settlement May 22, 2026, final valuation date May 20, 2027.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Intel common stock due May 22, 2029. The Notes pay a contingent coupon only when the underlying closing level on an observation date meets or exceeds a coupon barrier; they will be automatically called early if the underlying closes at or above the initial level on any prior observation date. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; if the final level is below that threshold, repayment at maturity declines in line with the percentage drop in the underlying and could result in a loss of all principal. Payments depend on UBS creditworthiness. Trade date is May 20, 2026 and expected settlement is May 22, 2026. The offering minimum is 100 Notes at $10 per Note; the estimated initial value is $9.67.

UBS AG is offering Airbag Autocallable Yield Notes linked to the common stock of Constellation Energy Corporation. The Notes pay a coupon on each coupon payment date unless the Notes are automatically called prior to maturity. The Notes mature on May 24, 2027 (final valuation date May 20, 2027) and are contingently repayable: if not auto‑called and the final level is below the conversion level, UBS will deliver a share delivery amount per Note (calculated as $1,000 divided by the conversion level) whose value may be less than principal, exposing investors to loss of some or all principal. Payments are subject to UBS creditworthiness. The estimated initial value per Note on the trade date was $981.10.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Wayfair Inc. The Notes pay contingent coupons only if observation‑date closing levels meet a coupon barrier and may be automatically called early if the underlying equals or exceeds the initial level on an observation date.

The Notes have a principal amount of $10 per Note, a trade date of May 20, 2026, expected settlement on May 22, 2026, final valuation date May 20, 2027 and maturity on or about May 24, 2027. The preliminary pricing shows a minimum investment of 100 Notes ($1,000) and an estimated initial value range of $9.30–$9.55. If not called, repayment at maturity is contingent: if the final level is below the downside threshold you can suffer a loss equal to the underlying return and could lose your entire investment.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Intel Corporation with a scheduled maturity of May 22, 2029. The Notes pay periodic contingent coupons only when the closing level of the underlying 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. If not called, principal repayment at maturity is contingent: if the final level is at or above the downside threshold, UBS will repay the $10 principal; if below the downside threshold, the cash payment per Note will be reduced proportionally to the underlying return, and an investor could lose a large portion or all of their initial investment. Payments are subject to the creditworthiness of UBS AG. Trade date and settlement are expected on May 20, 2026 and May 22, 2026. The preliminary estimated initial value per Note on the trade date is between $9.31 and $9.56.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Intel Corporation common stock due May 22, 2028. The Notes pay a periodic contingent coupon only if the underlying closing level on an observation date meets or exceeds a coupon barrier. UBS will automatically call the Notes early if the underlying closing level on an observation date prior to the final valuation date is equal to or greater than the initial level; on an automatic call UBS pays principal plus any contingent coupon then due. If not automatically called, repayment of principal at maturity is contingent: if the final level is at or above the disclosed downside threshold, UBS pays the principal; if below that threshold, you receive an amount equal to $10 × (1 + underlying return), which can result in a substantial or total loss of principal. Payments are subject to UBS credit risk. Key dates include trade date May 20, 2026, expected settlement May 22, 2026, final valuation date May 18, 2028, and maturity May 22, 2028. The estimated initial value as of the trade date is $9.74 per $10 Note.

UBS AG is offering Airbag Autocallable Yield Notes linked to the common stock of Constellation Energy Corporation maturing on May 24, 2027. The Notes pay a periodic coupon (examples use 10.95% per annum; $9.125 monthly on a $1,000 principal) unless the Notes are automatically called following an observation date when the underlying equals or exceeds its initial level. If an automatic call occurs, UBS will pay principal plus the coupon on the related coupon payment date. If not called, repayment at maturity depends on the final level relative to a conversion level: if final level ≥ conversion level, UBS returns principal plus coupon; if final level < conversion level, UBS delivers a share delivery amount (shares equal to $1,000 divided by the conversion level) whose value may be less than principal, causing a loss. Payments are subject to UBS creditworthiness. Trade date is May 20, 2026 with settlement expected May 22, 2026 and final valuation date May 20, 2027.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the ADRs of Petróleo Brasileiro S.A. The Notes pay a contingent coupon only if the underlying ADR closing level on an observation date meets or exceeds a coupon barrier and may be automatically called early if the underlying equals or exceeds the initial level on any observation date. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; if the final level is below that threshold, investors absorb downside equal to the underlying return and could lose most or all principal. Trade date is May 20, 2026, settlement May 22, 2026, final valuation date May 20, 2027, and maturity May 24, 2027. The estimated initial value per Note is $9.65, and minimum investment is 100 Notes at $10 per Note.